How do I introduce Bitcoin to my client?

fikrett

copper member

Activity: 126

Merit: 6

Quote from: btc78 on November 30, 2024, 01:57:03 AM

Quote from: Sky_T on July 06, 2024, 05:23:29 AM

If I have a client that wants to invest in Bitcoin or any other cryptocurrencies, but he/she does not have any actue ideas on how the Bitcoin ecosystem works. How do I convince such person? what are the smartest ideas and informations I need to share to such person inorder to align with their vision?

First of all you mentioned that your client wants to invest in bitcoin meaning they are already interested and they probably do not need much convincing. Well I would suggest since this is a professional setting you come up with a powerpoint presentation explaining what is bitcoin, how does bitcoin work, and why should your client invest in it.

You also can provide more resources for your client to check out should they be interested in reading further about bitcoin. I suggest passing over the basics as to not overwhelm and confuse your client. Remember to not push your own opinions onto your client as you can drive them away.

Totally agree.
Nice and steady - some PP presentations I saw are just gorgeous, some skill is needed to do them in such a way though, but OP can stick just to a normal one - and I think it would work out regardless.

Mate2237

hero member

Activity: 700

Merit: 577

Quote from: BALIK on December 03, 2024, 12:29:23 AM

Quote from: Mate2237 on December 02, 2024, 02:03:29 PM

You don't need to stress yourself to convince someone to invest but allow the person come to you and have the interest. And once the person comes the you can do the following. Tell the person to download any self custodial wallet which id good and easy to use. I recommend Bluewallet or Electrum wallet. Any of them can go. And let him create his wallet address by the direction of you. And you have bitcoin to sell for him then you can send to him directly but if you don't have then you have to tell him to download any exchange that good in your location and register account with the exchange and do the KYC then you can buy from there.

Those are some of the steps to take if someone came to you for investment of bitcoin. And don't go and tell the person that he will make good profit from bitcoin or bitcoin will make him rich. Tell him that he should invest for long term.

Instead, why not provide them with basic resources to learn about bitcoin first? If you jump into bitcoin investment with an empty head, even if you own a lot of bitcoin or buy it cheaply, you will never be able to hold it and make a profit. Profits are determined by our knowledge, not by the advice of others.

Even if they come to you on their own and you don't force them, but if their investment loses, they can still blame you. But if they have knowledge and understand how the market works, they will never blame even if they lose because they know the cause of loss.

If it were me, I would focus on providing knowledge and let them invest on their own, and I would not be responsible for any of their investments.

Your comment make me laugh. If the person is investing for long, he definitely make profit and it is good to provide the person with resourceful materials to read and build up his knowledge but using practical knowledge is more better. Someone that really want to learn through the practical also read books to increase his knowledge. One thing I discovered is theoretical knowledge is mainly used in Africa and that is why till know we can't produce anything so in this our new generation we are using practical knowledge with the theory to produce good results.

I have thought some group of people from the practical aspect and added it with the theory. I thought them the theory at first with a lot of resources but most of them didn't catch up so I asked to create wallet and other things and now everyone is following up. Always use the best method that is suitable to them.

BALIK

copper member

Activity: 2282

Merit: 608

🍓 BALIK Never DM First

Quote from: Mate2237 on December 02, 2024, 02:03:29 PM

You don't need to stress yourself to convince someone to invest but allow the person come to you and have the interest. And once the person comes the you can do the following. Tell the person to download any self custodial wallet which id good and easy to use. I recommend Bluewallet or Electrum wallet. Any of them can go. And let him create his wallet address by the direction of you. And you have bitcoin to sell for him then you can send to him directly but if you don't have then you have to tell him to download any exchange that good in your location and register account with the exchange and do the KYC then you can buy from there.

Those are some of the steps to take if someone came to you for investment of bitcoin. And don't go and tell the person that he will make good profit from bitcoin or bitcoin will make him rich. Tell him that he should invest for long term.

Instead, why not provide them with basic resources to learn about bitcoin first? If you jump into bitcoin investment with an empty head, even if you own a lot of bitcoin or buy it cheaply, you will never be able to hold it and make a profit. Profits are determined by our knowledge, not by the advice of others.

Even if they come to you on their own and you don't force them, but if their investment loses, they can still blame you. But if they have knowledge and understand how the market works, they will never blame even if they lose because they know the cause of loss.

If it were me, I would focus on providing knowledge and let them invest on their own, and I would not be responsible for any of their investments.

Mate2237

hero member

Activity: 700

Merit: 577

You don't need to stress yourself to convince someone to invest but allow the person come to you and have the interest. And once the person comes the you can do the following. Tell the person to download any self custodial wallet which id good and easy to use. I recommend Bluewallet or Electrum wallet. Any of them can go. And let him create his wallet address by the direction of you. And you have bitcoin to sell for him then you can send to him directly but if you don't have then you have to tell him to download any exchange that good in your location and register account with the exchange and do the KYC then you can buy from there.

Those are some of the steps to take if someone came to you for investment of bitcoin. And don't go and tell the person that he will make good profit from bitcoin or bitcoin will make him rich. Tell him that he should invest for long term.

btc78

full member

Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

Quote from: Sky_T on July 06, 2024, 05:23:29 AM

If I have a client that wants to invest in Bitcoin or any other cryptocurrencies, but he/she does not have any actue ideas on how the Bitcoin ecosystem works. How do I convince such person? what are the smartest ideas and informations I need to share to such person inorder to align with their vision?

First of all you mentioned that your client wants to invest in bitcoin meaning they are already interested and they probably do not need much convincing. Well I would suggest since this is a professional setting you come up with a powerpoint presentation explaining what is bitcoin, how does bitcoin work, and why should your client invest in it.

You also can provide more resources for your client to check out should they be interested in reading further about bitcoin. I suggest passing over the basics as to not overwhelm and confuse your client. Remember to not push your own opinions onto your client as you can drive them away.

lovesmayfamilis

legendary

Activity: 2072

Merit: 4265

✿♥‿♥✿

Before talking about Bitcoin to other people, you, OP, should learn as much about it as possible yourself; that's the first thing. Secondly, you shouldn't agitate anyone without knowing the person's financial capabilities, their ability to use the Internet, their computer, or their gadget. Likewise, your agitation should include not only the profitable side of Bitcoin but also stories of people losing it for various reasons. All you can do for these people is invite them to this forum or show them sources for their study.

Samlucky O

sr. member

Activity: 504

Merit: 389

The great city of God 🔥

Quote from: Sky_T on July 06, 2024, 05:23:29 AM

If I have a client that wants to invest in Bitcoin or any other cryptocurrencies, but he/she does not have any actue ideas on how the Bitcoin ecosystem works. How do I convince such person?

You don't need to convince someone to invest in bitcoin or any other altcoin. First of all you must be well knowledgeable about bitcoin before you can educate such person. If you are not well knowledgeable, you have to avoid teaching what you don't know because from the look of things your client doesn't know as well just avoid it before he will make a big mistake and lost his/her fund forever and blame it on you.

Quote from: Sky_T on July 06, 2024, 05:23:29 AM

what are the smartest ideas and informations I need to share to such person inorder to align with their vision?

I need suggestion to this.

Anybody or any of your clients that doesn't know about bitcoin technology but want to use it in his business or want to invest, h/she should learn it first by online tutorials or you can bring him to BTT forum to learn. Or like I said it would have been better if you have learnt alot from this forum then you can teach h/her.

Skfox

jr. member

Activity: 33

Merit: 0

Quote from: Upgrade00 on July 06, 2024, 05:40:22 AM

Quote from: Sky_T on July 06, 2024, 05:23:29 AM

If I have a client that wants to invest in Bitcoin or any other cryptocurrencies, but he/she does not have any actue ideas on how the Bitcoin ecosystem works. How do I convince such person?

You never convince anyone to invest in Bitcoin. If there is a knowledge gap, you can supply them with basic knowledge that can help fill that gap and enable them make an informed decision themselves.

Convincing someone isn't a good idea when its comes to investment or anything that involves money because something might go wrong and then you will be held accountable for it. So it is best you just create an awareness in whatever form and allow your client or whoever to make his/her decision either to invest or not.

What is needed first is to get a proper knowledge first before telling someone about it, making research and asking questions and also reading can be of great help to know more about bitcoin investment.

Gloass

newbie

Activity: 1

Merit: 0

I have been interested in the world of cryptocurrency relatively recently. The main criteria of cryptocurrency exchanges for me are reliability, security and reliability of information. On the stock exchange https://www.binance.com / you can get reliable information about bitcoins, track the price, and trade cryptocurrencies.

Obari

hero member

Activity: 602

Merit: 442

A Proud Father of Twin Girls 👧 👧

You’re sound in like you’re also very new to the cryptocurrency industry and you’re already wanting to introduce another person?
I think you should focus on your personal growth and how to get better in the industry before getting someone into eBay you don’t even know about.
If maybe you have a client that’s wants to make payment to you in bitcoin then all you have to do is send him your wallet address or QR code to him and he will send the equivalent in bitcoin to your wallet and anything outside that and matching into investment is a very wrong option especially for someone who is still trying to figure out how the industry works.

Please take your time to learn about it before wanting to introduce it to some other persons .
Goodluck.

JohnCena45

newbie

Activity: 5

Merit: 0

To convince someone you definitely gotta mention the benefits of the bitcoins and explain the basics so that they are clear and would be easier to convince them if you show them examples of the benefits they will get.

Blitzboy

hero member

Activity: 1344

Merit: 565

Leading Crypto Sports Betting & Casino Platform

Quote from: stadus on July 17, 2024, 08:47:26 AM

For me, the most vivid introduction would be bitcoin is the opposite of fiat, or let's just say, what fiat lacks, bitcoin fulfills it. When you say fiat is completely controlled by banks or any other entity, with bitcoin, you are in full control of it. When you say fiat is affected by inflation, bitcoin beats inflation. And when you say fiat's value will depreciate in the future, bitcoin appreciates every now and then that's why bitcoin attracts a lot of long term investors as they gain higher value and profits when they hold bitcoin longer.

Everybody enjoys a nice income. Everybody enjoys a decent investment. And thats what Bitcoin is, folks. Currently, this is the best investment you could make. Forget about those fancy Wall Street guys and their rigged system. Bitcoin, its different. Its about taking back control. It is about YOU handling YOUR money.

Indeed, others argue its dangerous and difficult. But what investment isnt? But with Bitcoin, the upside? Its amazing. Its about creating real money, not only about defeating inflation. The wise long-term investors understand the possibilities. They can see the future.

So, when you talk to your clients about Bitcoin, dont just talk numbers. Talk freedom. Talk about a better financial future. Talk about the power of taking control of your own destiny. Thats what resonates with people. You sell Bitcoin using that approach.

YUriy1991

sr. member

Activity: 882

Merit: 215

#SWGT CERTIK Audited

Quote from: Dickiy on July 18, 2024, 08:17:04 AM

it would be better like that, let novice investors seek knowledge about investing in bitcoin, there is a lot of learning like that on the internet and it is easy to understand when it comes to investing in bitcoin, and @op should just support it without having to interfere in the investment

Everyone has a process and not necessarily those who are new to the market instantly can navigate the market well even though they have tried their best to learn first. As for the results, of course, it will be different from those who are new and enter directly without learning the pattern at all.

I also have a hunch that they also don't want everything to be dictated in every item where sometimes they also want to be free to decide their investment steps and decisions. We can say that they may only ask a little of what they feel is poorly understood. What is certain is that if they have started it and I am sure that in the future they will be able to find the pattern by themselves.

Dickiy

sr. member

Activity: 826

Merit: 460

Quote from: Marvell1 on July 18, 2024, 05:31:45 AM

Quote from: oktana on July 17, 2024, 09:26:16 AM

I think you shouldn’t say convince. Instead stick to introducing them to Bitcoin. How can you do this? It’s simple and straight forward; tell them what Bitcoin is, explain the whitepaper and its content to them. Show them statistics of Bitcoin adoption and even price increases over the past years, explain the value they could get from delving into it, but also highlight the disadvantages so they don’t think it’s a 100% safe haven.

I think we should emphasize the risks they may encounter when investing in bitcoin instead of focusing too much on the advantages of bitcoin. The fact that we focus too much on explaining the advantages of bitcoin and ignore the risks not only makes them fall into illusion, but can also get us into trouble later if their investments lose money.

In my opinion, the OP shouldn't even be doing this because it's his customer and one disadvantage he would face is that this could affect his business. Instead, tell customers that they can learn about bitcoin on their own because everything about it is easy to find on the internet and is not as complicated as they think.

@OP, these are your customers and they are the ones who bring you income, you really need to make the right decisions.

yes, I think it would be better like that, introducing the risks first, this will make @op clients or investors who want to invest some of their income not depend on their bitcoin investment or have the mindset that investing in bitcoin will always make a profit, things like that not true, behind profits there are risks that must be taken, and we must be prepared for all the risks that will occur in our investment, there is no harm in fantasizing about the profits that will be obtained if investing in bitcoin, but again emphasizing from the side the risk will be much better. and I agree that if you focus too much on the profits that will be generated, it will make @op clients or novice investors ignore the risks that will occur, and this will become a problem at some point in the future.

it would be better like that, let novice investors seek knowledge about investing in bitcoin, there is a lot of learning like that on the internet and it is easy to understand when it comes to investing in bitcoin, and @op should just support it without having to interfere in the investment

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: oktana on July 17, 2024, 09:26:16 AM

I think you shouldn’t say convince. Instead stick to introducing them to Bitcoin. How can you do this? It’s simple and straight forward; tell them what Bitcoin is, explain the whitepaper and its content to them. Show them statistics of Bitcoin adoption and even price increases over the past years, explain the value they could get from delving into it, but also highlight the disadvantages so they don’t think it’s a 100% safe haven.

There's already a wrong impression when people hear that they are being convinced into something. I don't want to be rude or whatnot but many does have a bad experience about being done so and their friends have tried to convince them into something.

You're right that it shouldn't be all about convincing.

It's giving them a nice introduction about Bitcoin and there are a lot of resources that they can be introduced to. In YouTube, there are videos that are like Bitcoin for dummies and such.

The same goes with books and e-books or pdf files.

Marvell1

legendary

Activity: 2408

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: oktana on July 17, 2024, 09:26:16 AM

I think you shouldn’t say convince. Instead stick to introducing them to Bitcoin. How can you do this? It’s simple and straight forward; tell them what Bitcoin is, explain the whitepaper and its content to them. Show them statistics of Bitcoin adoption and even price increases over the past years, explain the value they could get from delving into it, but also highlight the disadvantages so they don’t think it’s a 100% safe haven.

I think we should emphasize the risks they may encounter when investing in bitcoin instead of focusing too much on the advantages of bitcoin. The fact that we focus too much on explaining the advantages of bitcoin and ignore the risks not only makes them fall into illusion, but can also get us into trouble later if their investments lose money.

In my opinion, the OP shouldn't even be doing this because it's his customer and one disadvantage he would face is that this could affect his business. Instead, tell customers that they can learn about bitcoin on their own because everything about it is easy to find on the internet and is not as complicated as they think.

@OP, these are your customers and they are the ones who bring you income, you really need to make the right decisions.

Wakate

hero member

Activity: 1190

Merit: 543

fillippone - Winner contest Pizza 2022

Quote from: Sky_T on July 06, 2024, 05:23:29 AM

No doubt, Bitcoin is one of the fastest and smartest virtual currency that has been designed to support P2P and a transparent transaction between users on a decentralized network. There are many that has actually want to venture into bitcoin market investment, but no ideas on how to start.

If I have a client that wants to invest in Bitcoin or any other cryptocurrencies, but he/she does not have any actue ideas on how the Bitcoin ecosystem works. How do I convince such person? what are the smartest ideas and informations I need to share to such person inorder to align with their vision?

I need suggestion to this.

I think one of the best way to introduce Bitcoin to your client is for you to tell them about it maybe giving them hit about what Bitcoin is all about. You can ask the person to read about the Bitcoin white paper so more knowledge cam be acquire which will aid them to see good reason to o vest in Bitcoin. You will have to do most of the work by showing them the way through especially Bitcoin chart and other materials that would aid the client to keep increasing their knowledge about what Bitcoin is all about. If your client has interest in knowing more about what Bitcoin is all about, he will do some research to aid his knowledge on how to invest in Bitcoin.

Onyeeze

full member

Activity: 728

Merit: 217

Quote from: Sky_T on July 06, 2024, 05:23:29 AM

No doubt, Bitcoin is one of the fastest and smartest virtual currency that has been designed to support P2P and a transparent transaction between users on a decentralized network. There are many that has actually want to venture into bitcoin market investment, but no ideas on how to start.

The study of bitcoin investment is not that hard, it's something that you may take you a period of two weeks to learn and understand the procedures of it, so therefore we have devote out good time to learn the basics things of bitcoin, we have many exchange someone can join and purchase a bitcoin with a good rate after you have make your research concerning bitcoin, because is good to know the risks that involve in bitcoin before you invest on it, because sometimes some persons doesn't bother to learn and understand the implications of bitcoin before they go into it, I think that's one of the things makes people that bitcoin is not good to be invested on.

oktana

sr. member

Activity: 1680

Merit: 288

Eloncoin.org - Mars, here we come!

Quote from: Sky_T on July 06, 2024, 05:23:29 AM

No doubt, Bitcoin is one of the fastest and smartest virtual currency that has been designed to support P2P and a transparent transaction between users on a decentralized network. There are many that has actually want to venture into bitcoin market investment, but no ideas on how to start.

If I have a client that wants to invest in Bitcoin or any other cryptocurrencies, but he/she does not have any actue ideas on how the Bitcoin ecosystem works. How do I convince such person? what are the smartest ideas and informations I need to share to such person inorder to align with their vision?

I need suggestion to this.

I think you shouldn’t say convince. Instead stick to introducing them to Bitcoin. How can you do this? It’s simple and straight forward; tell them what Bitcoin is, explain the whitepaper and its content to them. Show them statistics of Bitcoin adoption and even price increases over the past years, explain the value they could get from delving into it, but also highlight the disadvantages so they don’t think it’s a 100% safe haven.

Peanutswar

legendary

Activity: 1750

Merit: 1329

Top Crypto Casino

Quote from: Sky_T on July 06, 2024, 05:23:29 AM

If I have a client that wants to invest in Bitcoin or any other cryptocurrencies, but he/she does not have any actue ideas on how the Bitcoin ecosystem works. How do I convince such person? what are the smartest ideas and informations I need to share to such person inorder to align with their vision?

I need suggestion to this.

I'm not fan of pushing other people to make an investment with Bitcoin if they really want to just let them do the thing and you are just answering the question. That is your client still there's a boundary also matters how you will treat each other and having a conversation don't let yourself get overwhelmed because you see someone makes an investment in Bitcoin which is the same you are doing and you fed them alot of information for sure they will confused all of those terminology and thing to consider. ideally just give an answer when they ask and don't let your ego dictate them what they need let them decide on their own pace.

Topic: How do I introduce Bitcoin to my client? (Read 1264 times)