Topic: Have you successfully influenced someone to invest in bitcoin ? - page 7. (Read 1508 times)

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.

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.


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.

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.

It's cringey. Because they agreed of the possibilities I offered to them as I introduce Crypto. Yet it feels like they are more likely to put all the blame on me once they lose their money or even just having their account in negative position even it's just a paper loss yet! That's why after this encounterment with a friend, I no longer convince anyone. When people ask me IF Should they invest in Bitcoin. I would be asking them back instead If they are ready to be taking the risk to have that opportunity. Because it's the fact. Being in the market means taking risks.

currently Everybody Have Known what is Bitcoin and the most of the people who invest in Bitcoin is making use of internet because many of the social medium today carry out information of Bitcoin and the many people who invest in Bitcoin is through social media information but based on your question I have introduced so many people into Bitcoin and I introduce them when bitcoin was more popular as it is today and ass of that time many people thinking that bitcoin is a scam and then when you introduce them to Bitcoin they rejected bitcoin because they have a mind that bitcoin is a scam but currently anyone you introduce in Bitcoin right now will you be grateful to you based on it is what he or she is anticipating to know.

I know that it is a personal decision to convince someone to invest in Bitcoin but it is well known that what makes Bitcoin Toby popular today it is because of the chain people introduce by speculating the information of Bitcoin, so I believe that the major factor or reason while people do invest in bitcoin is because its a decentralised currency...and making bitcoin to be know comes through introducing people to bitcoin.

it is good to bring up people that you know in Bitcoin investment because for you to introduce them to bitcoin you know quite well the benefit the advantages you have already gotten from bitcoin investment that is why so many persons now do bring the member of the family into Bitcoin and there's sometimes the reason why you need to introduce your siblings or your parents into bitcoin is when you depart on Earth so that they can be able to access your bitcoin that you save so without introducing them to Bitcoin I don't know how your bitcoin will be when you give off on planet... from my perspective it is highly ideal that someone introduce the member or the family to bitcoin investment

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.

On the time that i had discovered or learned about Bitcoin then i have told my bestfriend about this and ended up on having that awareness about this forums existence. We were both noobs on that time
on which on the moment i had made out some basic explaination on what it is then he immediate grab it and really that interested to learn on which it results up that we are almost 8 years on
here on crypto world and we cant really be able to say that we are already that rich but at least we are really that establishing ourselves to be on that better condition when it comes to finances.
We didnt really just that focus in Bitcoin accumulation alone but also in other established coins/projects as well.

This is the only time and my first and last introduction of Bitcoin to other people and i have stopped now on the time  that i dont really like on getting blamed on something
when it comes to money or crypto investment. This is why i dont like on making those kind of introductions.

Actually I just started this crypto journey recently so I haven't tasted profit for the first time, I think those people who have been profiting from bitcoin investment are in the right position to answer this question, because they have evidence/prove. you can only convince someone if you have prove, is very difficult for someone who have not yet  profited from bitcoin investment to influence someone, what if the person ask you about how many  times you got profited from bitcoin investment? At this point you will be short of words, that is why I personally made up my mind not to convince anyone to invest in bitcoin not until I taste profit so that is going to serve as prove when convincing them.

A lot of my friends are interested in investing in Bitcoin but since I have a different plan, I told them that whenever they are ready, they can dm to learn but most of them are still the point of consideration and some capital is still keeping them from being able to invest. No matter how many you tell about Bitcoin, not everyone will invest and it might even be that none of them will invest but I try to encourage them to invest, no matter how little it is. it is good that we carry our friends along. because it is an investment that can last a long time. you can force anyone because, when they start trading, they might not find it pleasant when they are not making a profit. some people won't explain the disadvantages to you and such knowledge is very important because, from there, you will be able to decide whether you will invest or not. then you will be able to decide.

That’s more of a hassle on your part, as they might see you as an expert and confront you every time they’re in trouble, when in reality there’s no such experts when it comes to predicting the future of bitcoin. However, another thing also why I don’t want to influence someone to invest in bitcoin because I know bitcoin itself will really test your patience, and it’s not everyone is patient enough to stay calm and relax while seeing bitcoin price continue to plummet.

Bitcoin is highly profitable compared to other crypto assets, but it’s not all the time that bitcoin will offer us profits,  there’s always its inevitable losses that sometimes are hard to accept most especially if we end up investing our lifetime savings.

Exactly. That’s why I don’t and I will never intend to influence the people around to invest in bitcoin, as they might blame me in the long run when things don’t work for them even if it works for me. Bitcoin is highly volatile, and not everyone will be able to manage its volatility and uncertainty, they might be seeing good at it at first, but when price drops drastically, I’m afraid they won’t be able to control their emotions and just jump to panic selling which is definitely a wrong turn for them.

However, I’m more open on educating them about bitcoin, ask me what I want and I’d be willing to answer, but when it comes to convincing them to risk their hard-earned money into bitcoin, that’s always a red flag for me.

Before we advise someone about crypto investment, we must understand the risks that occur when investing, Actually, investment is good, but the risks that will occur must also be taken into account to prevent major losses for the investment. Choosing the type of crypto to invest is also a real goal.

In general, I have shown how to invest in Bitcoin, but I have never suggested that they do so. but I only provide information on how to invest, of course I pass on all the risks to the user, in essence before I teach them to invest, I teach them the risks first.

Interesting question! While it's common for people to share their experiences and advice about investing in Bitcoin, it's important to remember that investing always carries risks and outcomes can vary greatly. While some may have success stories to share, it's crucial to approach investment decisions carefully and do thorough research. It's also important to consider the individual's financial goals, risk tolerance, and overall investment strategy. Encouraging someone to invest in Bitcoin should come with a responsible approach, emphasizing the importance of informed decision-making. What are your thoughts on this?

Yes, a few of my friends from college, and right now some are doing well with their own investments or the things they are doing in crypto currency, not just bitcoin. Bitcoin is just a mere start for them to explore more beyond bitcoin and to utilise other currencies or projects that have the potential to give them a good amount of profit or return. Yes, of course. As a matter of fact, because I influenced them, we are now sharing different things or knowledge about crypto currency; we share everything. For instance, if someone sees a project or ways to earn in crypto, then we will all help each other in order to also earn and gain from it. It is the best feeling if you know someone who has the same interest or field, because you will have a companion that you could be with, but of course I only pick those who have the will and guts to learn about crypto currency.

Influencing someone to successfully follow what we suggest is not easy. We should be able to explain everything we know about Bitcoin. They must also have a desire to know more about Bitcoin before they are willing to invest in Bitcoin. I have introduced Bitcoin to several people close to me but only two or three people really want to follow investing in Bitcoin. It is not easy to convince them to want to invest, especially since they are still trying to meet their daily needs. The result is that those who invest in Bitcoin have felt the benefits even though they don't have a lot of Bitcoin. At least, they can see that their profits are starting to increase.

I understand what you feel. I always encounter people like this but I am handling it nicely. First I am giving a disclaimer just in case they want to invest in Bitcoin.
I am answering what questions they asked that I know, I also share what I did before and my own experience.
To answer the OP's question, my answer is I don't know on som people if they really invested, because I already told a lot of people, some already tried and they are just silenced?

Although I have known about Bitcoin for more than 2 years, I myself came to know about Bitcoin from a friend of mine. I thank that friend of mine, because of him I came to know about Bitcoin today.

After that I only introduced Bitcoin to my closest friends, I shouldn't tell all my friends about Bitcoin. Because Bitcoin is still illegal in my country, so if I tell everyone about Bitcoin, I might be in danger. However, I only told very close friends about Bitcoin. In 2023 when the price of bitcoin was like 25-30k dollars, I told a friend of mine about bitcoin, he bought bitcoin instead of buying an iPhone on my words, he is currently in a lot of profit. That friend of mine sometimes contacts me and thanks me. Hope my friend can make more profit in future.

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.

when I started in this industry, I never had anyone tell me to invest in Bitcoin, because of course I didn't want to be told. Because in our time today, you don't say anything or you don't even know someone who says something that is not nice. What if you see something like that that you can blame in the end.

So, For me, it's better that each individual do their own research on this matter of Bitcoin. After all, it's free to learn about Bitcoin before investing in it.

Surely, this will happen if you happen to influence someone to invest in bitcoin. Aside from its giving you a headache everytime his investments never work, it will also create a pressure on you since he might end up putting all the blame on you, as he invest not because he’s knowledgeable and ready to take the risk, but because of the greed to gain instant profits that develops while you are in the process of influencing him to finally invest in bitcoin. This is the reason why I don’t want to convince or influence someone to take the risk investing in bitcoin, not now and even in the future.