Have you successfully influenced someone to invest in bitcoin ? - page 5.

Hypnosis00

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Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ?

I tried to get in touch with some of my friends and relatives but unfortunately, nobody had the guts to believe in me. I then thought that I was not the kind of person who could influence and I see also that it was hard to influence a person if they won't see the visible results of your investment. That is why I don't push myself to do that again and don't bother other's life with Bitcoin because it is impossible to educate someone when they are close-minded. I'd rather keep it by myself and let my work show them a few years from now, and why this is a good investment.

Besides, not all are meant for this which I think also that maybe those people around me are not destined to become Bitcoin investors.

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Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ?

Never and I have no intention of influencing anyone to invest in bitcoin because there are many risks if people get involved in it not according to their wishes. Something that costs money will be quite risky for us to teach people, unless they want to find out first before getting involved.

Many people fail in investing because they don't understand the whole thing and instead they only listen to the profits that people get. So if their expectations are different then we are the first to be blamed.

Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

What was the final result, did they thank you later for this ?

Because I have never influenced people to invest, until now I don't have an answer that I can give. If you want to give advice just for gratitude then there are many ways we can do it and it is much less risky.

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Quote from: Majestic-milf on May 08, 2024, 04:05:08 AM

Quote from: Plaguedeath on May 05, 2024, 12:02:09 AM

So far I never introduce anyone about Bitcoin, so the answer is I don't know if I'm capable to convince someone to invest in Bitcoin and don't know what they will do after they invest in Bitcoin.

Teach someone about Bitcoin have many drawbacks:
1. Ruin my privacy.
2. I would get blamed if they loss.
3. Wasting my time and effort.

Usually people don't tend to get you when you talk about Bitcoin as they feel you want to introduce one scam project especially if they've never heard about it. I agree with your reasons because as par your first reason, you get to open yourself to some kinds of risks since where I come from, some parastatals regard one who trades Bitcoin as someone worthy of suspicion, one who is involved in fraudulent activities or the like so it's best to keep such matters to yourself.
It's not everyone who can be patient with Bitcoin's price volatility so why bother when like you pointed it will boomerang on you if prices don't go the way they want?

I feel like those type of people who do not really "understand" bitcoin are just people who do not believe what you say and believe what others say. I mean when I say bitcoin is a good thing, and they in return say something as silly as it's a scam, then I do not have to continue speaking to them about it, because they have zero clue why it's a scam they just heard someone else say it and in that situation it is me against whoever they heard it from and they picked that side and not me.

Why would I keep trying to explain something to someone who would trust such a thing? I mean it's obvious that we are not going to be able to continue this conversation without me getting mad at that person for trusting others and not me.

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Quote from: GideonGono on May 07, 2024, 08:35:27 PM

Yes my brother was really against me when I was starting in cryptocurrency, but after I showed him my earning he also tried it.
And now he is the one who guides me on some crypto activities, and he is much more successful than me.
I know that he is thankful for it, honestly crypto change our life it made it easier.

You and your brother are successful in the crypto field because of your knowledge and without knowledge no one can fulfill his dream. It is common that if one person becomes successful in one field then all of the family members join the same field.

Nobody wants to join anything that has no guarantee but in the case of crypto everyone wants to be a part of it but they must realize the exact knowledge about investment and I think following your family members is not bad but following anyone else without making Investigation is not a good idea.

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Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

I can’t introduce bitcoin knowledge to anyone at the moment not because bitcoin investment has to do with privacy, the issue is I’m not yet capable introducing bitcoin and secondly it sound difficult because you’ll have to stress your speech for anyone to invest. Introducing bitcoin is not so bad from my view and I also heard about bitcoin from someone, an investor just have to choose who’s ready and teach not the ones who feel reluctant about bitcoin investment. Like every newly investor will think bitcoin is just too perfect all because of the information they got about bitcoin, people creating bitcoin awareness should throw more light on bitcoin price fluctuation and high transaction fee etc.

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Quote from: Maslate on May 07, 2024, 05:58:37 PM

Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

Why do I have to? I’m totally aware of its risks that could lead to depression and frustration, so why should I? Bitcoin is not an ordinary investment wherein you’ll just invest and put your hard-earned money and then boom, you’re already in profits. Of course, that’s not how bitcoin works. It may takes several years first of being patient and persistent before you will see its profits and rewards, so that would mean a quite risky and somewhat a roller coaster investment due to its high volatility in the market. And let’s face it, not everyone is patient and is capable to take calculated risk when it comes to putting their hard-earned money in an investment.

It's true that we shouldn't teach people to make investments that have risks because if they make a mistake of course they will feel that we are cheating them, of course this will cause them to have problems, but if there is someone who really wants to learn about investing, of course we can explain it. to them in detail about the profits and losses they will get in investing and after that they can decide whether to invest or not.
Yes, it is not easy to get profits from investing in Bitcoin. We have to be patient in every investment process we carry out in order to get satisfactory results from the investments we make.

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Quote from: Majestic-milf on May 08, 2024, 04:05:08 AM

you get to open yourself to some kinds of risks since where I come from, some parastatals regard one who trades Bitcoin as someone worthy of suspicion, one who is involved in fraudulent activities or the like so it's best to keep such matters to yourself.

Both, this and the safety concern are reasons why a person shouldn't disclose that they are involved in cryptocurrencies or have invested in them because we live in a world where money is everything for everyone, and you don't know who to trust these days. A person who is a dear friend on your face might not be the same on your back, so if you disclose private things to them, it might instigate them and they might do something to get their hands on your funds.

This is the reason why a person living anywhere in the world doesn't need to discuss their finances or financial activities such as how much money they have, what sort of investments they have made, or where they keep their money, etc. Even if the person in front is from your family, you can't trust anyone nowadays.

So if someone approaches asking about Bitcoin or cryptocurrencies in general, you can tell them that you have heard about them and know what they are, but you don't need to tell them you are involved for your safety and privacy.

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Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

Yes of course, especially when the time that they saw my profit and all the things I'm teaching them are true. Before, they don't care and consider Bitcoin and other cryptocurrency as scam and they thought I'm one of them but I do literally just want to teach them what is it, how it works and how to invest (I don't ask them money, I told them to buy/trade on their own) and also to avoid them getting scammed by others but after the news and the pump last 2021, they now see that I'm really teaching and encouraging them to learn and from that point I managed to influence them in Bitcoin and other cryptocurrency.

Well, some of them managed to have some good profit and some of them are not, but still I managed to influenced and helped them to understand Bitcoin and cryptocurrency.

Majestic-milf

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Quote from: Plaguedeath on May 05, 2024, 12:02:09 AM

So far I never introduce anyone about Bitcoin, so the answer is I don't know if I'm capable to convince someone to invest in Bitcoin and don't know what they will do after they invest in Bitcoin.

Teach someone about Bitcoin have many drawbacks:
1. Ruin my privacy.
2. I would get blamed if they loss.
3. Wasting my time and effort.

Usually people don't tend to get you when you talk about Bitcoin as they feel you want to introduce one scam project especially if they've never heard about it. I agree with your reasons because as par your first reason, you get to open yourself to some kinds of risks since where I come from, some parastatals regard one who trades Bitcoin as someone worthy of suspicion, one who is involved in fraudulent activities or the like so it's best to keep such matters to yourself.
It's not everyone who can be patient with Bitcoin's price volatility so why bother when like you pointed it will boomerang on you if prices don't go the way they want?

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Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

Yes my brother was really against me when I was starting in cryptocurrency, but after I showed him my earning he also tried it.
And now he is the one who guides me on some crypto activities, and he is much more successful than me.
I know that he is thankful for it, honestly crypto change our life it made it easier.

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Quote from: Mpamaegbu on May 07, 2024, 04:57:28 PM

Quote from: Adbitco on May 07, 2024, 12:45:13 PM

Currently i want to remain hidden the way I am without much eyes focusing on me because the more you try to tell people the more you get closer to the wrong hands so what next is just for them to start thinking of to get you off the way.

Don't think those early people you told about Bitcoin have forgotten that you're into Bitcoin now since you haven't been talking about it. Wait for the bull run and then you run into them and watch what they say. One of the young dudes I told about Bitcoin in 2017/18 upon my getting a whiff of what Bitcoin could do, though he relented till date, shocked me. I ran into him a few weeks ago in a public setting and dude called me a crypto lord to the hearing of others. I felt so embarrassed and exposed that I had to quickly leave that scene. Now isn't a time to loud one's involvement in cryptos, especially the way our country is showing animosity towards cryptos.

Yes, I so much agree with what both of you said above about how it's better staying anonymous for personal security reasons with a Bitcoin investment, rather than you trying to convince anybody into investing in an asset which have proven many times since 14yrs ago about it's ability being worthy for long term investment. Because inasmuch as Bitcoin is an asset worthy of reference to others, let's not always fail to make our personal security a top most priority. Because, personally speaking, instead of we trying motivate others to invest in Bitcoin, the current price of Bitcoin today should be sole motivator (I e for the fact that it was onece valued at $10/BTC, $100/BTC, $10,000/BTC and now $60,000/BTC).

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Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

Why do I have to? I’m totally aware of its risks that could lead to depression and frustration, so why should I? Bitcoin is not an ordinary investment wherein you’ll just invest and put your hard-earned money and then boom, you’re already in profits. Of course, that’s not how bitcoin works. It may takes several years first of being patient and persistent before you will see its profits and rewards, so that would mean a quite risky and somewhat a roller coaster investment due to its high volatility in the market. And let’s face it, not everyone is patient and is capable to take calculated risk when it comes to putting their hard-earned money in an investment.

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Quote from: Obim34 on May 05, 2024, 12:43:49 PM

Quote from: oktana on May 05, 2024, 07:54:03 AM

Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

I haven’t, and I never will. A friend knowing that I know a lot about cryptocurrencies once asked me if they should invest and I reiterated the ideology of Bitcoin over again to them and told them the risk if they wanted to invest. I don’t think it’s wise to advise anyone to invest in such a volatile market. You have no clue how much they take your word for it and may even invest their life saving.

I see no big deal influencing someone into Bitcoin not forcefully or persuasively but by careful dissociation of the risk and benefits attached to Bitcoin. Bitcoin is associated with risk but takes only a simple knowledge and understanding not to fall victim, so it's a no big deal influencing someone to partake in Bitcoin as long the person would harken to rules and instructions to avoid losing his/her funds during the volatile phase of the market.

In a case we're we have to separate Bitcoin as not a Cryptocurrency, it's not a good ethic refering a person to crypto investment because there is no certainty of the Altcoin giving profits or even retain their value after a DIP but as for Bitcoin, there is 100% of not losing funds as long the person is interested for the long run.

Of course it’s no big deal to influence them into Bitcoin but OP is asking about influencing them to invest. That doesn’t sound like a smart thing to do. And it is beyond Bitcoin because one can lose money even in the stocks market or investing in gold. So it’s obviously not a good idea to do more than telling them about the likely opportunity and leaving them to make their decisions knowing fully well the possible outcome too. But for Bitcoin, it wouldn’t hurt to discuss about its actual importance (why it was created).

Quote from: Nwada001 on May 05, 2024, 06:37:46 PM

Quote from: oktana on May 05, 2024, 07:54:03 AM

Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

I haven’t, and I never will. A friend knowing that I know a lot about cryptocurrencies once asked me if they should invest and I reiterated the ideology of Bitcoin over again to them and told them the risk if they wanted to invest. I don’t think it’s wise to advise anyone to invest in such a volatile market. You have no clue how much they take your word for it and may even invest their life saving.

The way you sounded—you can't and will never—is very serious. I know it's not good or safe to give financial advice or decisions to others, but that does not mean we shouldn't ever do it.

There are times when we can make an exception, teach those who really need it and understand the risk involved, and from there they can make their own investment rather than pushing them away as if Bitcoin is entirely the wrong choice of investment.

You probably don’t know the depth of influencing someone to invest and it goes south.

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Quote from: Finestream on May 07, 2024, 05:21:46 PM

Quote from: lalabotax on May 06, 2024, 05:57:26 PM

Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

Never.
In fact, I have never influenced other people to invest in Bitcoin. Usually, if someone asks or makes an inaccurate statement regarding Bitcoin, I just provide a little explanation as best I can. because I'm not an expert here either. And that also doesn't show that I am someone who is involved in Bitcoin. Because in my area Bitcoin is still often associated with bad things. So it's not that easy to say it all, let alone encourage other people to get involved here. This is very difficult. Unless you are mature and want to learn or invest in Bitcoin, then I invite you to learn together by providing as much information as I can, regarding the opportunities and risks.

I have never come to influence other people as well. Not now and even in the future, there’s no way I can imagine myself trying to influence someone on investing on bitcoin because I know that could be too risky to invest into something without full understanding on its nature and how it actually works in the market. Well, I can imagine myself giving people hints about bitcoin even with altcoins, as long as they ask me too, but crossing the line influencing them to be like me, I believe that’s not gonna happen for sure.

Same here on which even with own family members on where i dont really recommend or suggest on investing into it or telling them about it. Whenever they do ask me about Bitcoin then i do make out some giving some links about the basics on what it is but in speaking about investment decisions or something correlated to it then i dont really like on telling or making out some suggestions. Just like the rest been saying above that i dont like on getting blamed or been having that kind of disappointment towards me on the time that they would be losing money. Its better to have a peaceful living even if it means that you would really be keeping yourself that silent and doesnt really like on having some involvement with those kind of recommendations or suggestions because we do know that no matter how close you are whether a family or friend
but in talks of money then everything would turn out to be different if there would really be those kind of conflicts in between on which this is something that i dont really like to happen.

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Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

Yes, I did and the result is good knowing how serious she is when it comes to investing. The things that drive her to do it successfully are the interest she has and her strong determination. She ain't making complaints because she fully understands how the crypto market works.

Telling the right and open-minded person is the thing we consider. I never tell anyone when I see doubts in their mind nor if they keep asking "what if" because that person carries uncertainties already and won't gain confidence, and the chance of failing is too high which ends up blaming me.

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Quote from: lalabotax on May 06, 2024, 05:57:26 PM

Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

Never.
In fact, I have never influenced other people to invest in Bitcoin. Usually, if someone asks or makes an inaccurate statement regarding Bitcoin, I just provide a little explanation as best I can. because I'm not an expert here either. And that also doesn't show that I am someone who is involved in Bitcoin. Because in my area Bitcoin is still often associated with bad things. So it's not that easy to say it all, let alone encourage other people to get involved here. This is very difficult. Unless you are mature and want to learn or invest in Bitcoin, then I invite you to learn together by providing as much information as I can, regarding the opportunities and risks.

I have never come to influence other people as well. Not now and even in the future, there’s no way I can imagine myself trying to influence someone on investing on bitcoin because I know that could be too risky to invest into something without full understanding on its nature and how it actually works in the market. Well, I can imagine myself giving people hints about bitcoin even with altcoins, as long as they ask me too, but crossing the line influencing them to be like me, I believe that’s not gonna happen for sure.

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Quote from: Adbitco on May 07, 2024, 12:45:13 PM

Currently i want to remain hidden the way I am without much eyes focusing on me because the more you try to tell people the more you get closer to the wrong hands so what next is just for them to start thinking of to get you off the way.

Don't think those early people you told about Bitcoin have forgotten that you're into Bitcoin now since you haven't been talking about it. Wait for the bull run and then you run into them and watch what they say. One of the young dudes I told about Bitcoin in 2017/18 upon my getting a whiff of what Bitcoin could do, though he relented till date, shocked me. I ran into him a few weeks ago in a public setting and dude called me a crypto lord to the hearing of others. I felt so embarrassed and exposed that I had to quickly leave that scene. Now isn't a time to loud one's involvement in cryptos, especially the way our country is showing animosity towards cryptos.

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Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

Yes I have asked my two friends back in 2020 when covid was there and lockdown was imposed to invest in Bitcoins. They at first hesitated, but after making them understand about the profits that coins have, they invested some amount in Bitcoins. In the past two bull runs, they made good profits and eventually thanked me for educating them about the coins. I just told them about the advantages and profits bitcoins can give to the investors, rest they made their decision themselves to invest and risk the money.

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Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

It was my earlier stage I have introduce people to bitcoin as then but at some point I began to see the inconveniences that surround teaching and telling people about bitcoin most times they sees you as someone who is extremely rich and could start planning against someone with the mindset that you are holding thousands of bitcoin, they don't mind planning for your kidnap or to whatever danger it attract to oneself. Currently i want to remain hidden the way I am without much eyes focusing on me because the more you try to tell people the more you get closer to the wrong hands so what next is just for them to start thinking of to get you off the way.

Quote from: Plaguedeath on May 05, 2024, 12:02:09 AM

So far I never introduce anyone about Bitcoin, so the answer is I don't know if I'm capable to convince someone to invest in Bitcoin and don't know what they will do after they invest in Bitcoin.

Teach someone about Bitcoin have many drawbacks:
1. Ruin my privacy.
2. I would get blamed if they loss.
3. Wasting my time and effort.

You are correct but you must not tell them how much in your possessions otherwise planning against you is inevitable since they would think you had more than enough so they could try all possibilities.
Sometimes you don't need to preach much what they need is prove and example on how you are living large with bitcoin then you have less to worries about they would do their findings before finally want to do their investment, what you would do is just to give them knowledge about wallets and security.

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Quote from: krishnaverma on May 04, 2024, 11:26:17 PM

Have you successfully influenced someone to invest in bitcoin ? What was the final result, did they thank you later for this ?

Yes. So far the result is being very positive, because I influenced someone close to me to invest in Bitcoin before the bull run started, what means he purchased Bitcoin when it was still around 40,000$-50,000$ price range. So, as we can see, he has already made a lot of profit over his investments. I also adviced this person to invest in Avalanche (AVAX) altcoin, and by the last crash in crypto market, the investment was also being highly profitable, although right now there is almost a tier between investment and current AVAX price.

We are still confident the market is going to react positively, though. Our expectations are pretty high and I'm sure this person is happy with his progress and my influence over his investments so far. His only complaint is by not having had more money to invest in crypto market before the bull run started.

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