Topic: How to convince a sceptical person to buy Bitcoin ? - page 3. (Read 1460 times)

If we directly say to them that, you no longer need banks instead you need wallets (hot or cold) they will become more skeptical about BTC. Because the bank has not only made a place in the hearts of these people but also in the hearts of their forefathers before them. I don't think we can take the bank out of their hearts and turn them to use blockchain or crypto wallets, so easily. If we show these people how these banks play with all the money and how they use it to their advantage, surely these people will come to the crypto and blockchain technology.

But my question is, why do we need to focus/force these people toward Bitcoin/blockchain if they don't give a shit about it then it's their choice what we can do. Ah, if they have like, doubt and they are eager to learn about it, and how it's different from a centralized system then we should help them in early education. Because education/knowledge is the main key to overcoming skepticism. i think you should start with the following topics first.

• Tell them about Centralization and Decentralization system and their pros and cons
• Define the origin of Bitcoin and the Decentralized blockchain system
• Tell them the complete history of how Bitcoin streamlined its path for adoption and how many people are trading it.
• Early knowledge of every technology always take people to new heights.

If they are still so much skeptical about Bitcoin then we should leave them on their condition and should not force them or convince them to buy BTC as a matter of fact, we should not convince anybody to invest or start trading in BTC because at the end it does not go well. But if you can take the heat from them then go on. 

Skepticism comes when there is doubt, more knowledge and understanding of something overcome doubt and so you can advice them to read its Whitepaper and other books like Mastering bitcoin and the Bitcoin Investor

It's better not to give any advice or try to convince someone to invest in bitcoin, and I wouldn't be willing to cover their losses if their investment is lost. I also don't think it's a good idea, because investing in bitcoin means they are making money for themselves, they are responsible for their own decisions and assets.

If they want to make money, they need to step out of their comfort zone. Success requires trade-offs, that's the rule of life, and you can't protect them all your life. And if they're not ready, don't force them.

Yes, and at the same time, their success, even if they don’t thank us for it, benefits us all, and their failure is not only possible unpleasant talk, but also a slowdown in the spread of bitcoin in the world. We are interested not just in people investing in bitcoin, but in ensuring that as many people as possible get to know bitcoin successfully and leave only positive memories.

But how else then one person can persuade other person to invest if that person have doubts? Saying that he will regret not investing also does not look good. It is as if forcing someone to invest. But covering possible losses might show how I trust in price growth. That proves that I am so much sure in Bitcoin, that I risk my own money for other persons chance to earn. And that person who we helped to earn through investing might be so thankful, that he might even share a little part of his profit.

This is why i dont like on approaching someone and tell them about bitcoin or crypto on which it is really that something that would really be having some doubts and no matter how you do explain it carefully but still
they would be ending up on being that skeptical and raises up some questions which would really be piss you out no matter how well you do explain.Just like some of my relatives after i have told them about this
market and the opportunity that it gives.On the time that they had seen some red on their ports then they do really just simply make out some blaming time on me which
i didnt really like after all.They are really just trying out to make things messy without trying out to understand.

I guess they knew about bitcoin before but still had some doubts, and after you explained better, they understood it all and decided to invest. They are well-off people and have successful careers, proving they are explorers or willing to seize every opportunity they see. You are so lucky to meet such people.

But not everyone will be like that couple. Most people I meet are fearful, do not want to accept new things, and always doubt everything around them, even when relatives introduce it. So I won't waste my time with such people.

Right, no need to convince either. A person who starts to see the worth and usefulness of bitcoin will eventually decide to invest without hesitation, no need for someone to teach him on how to decide. However, for those who are always skeptical to bitcoin, just leave them the way they are. Once you’re done telling them the basics of bitcoin and how it can be useful for us, then observe their reactions. If they start to invest, then good for them, if they won’t, then never convince them at all. Bitcoin investment should be done voluntarily, and not that they will think that they are obliged to invest in it.

This is the best approach when we refer someone to bitcoin. What we need to do is just give them the necessary knowledge about bitcoin and let them decide everything. Don't give them advice or try to convince them, it's a bad idea. They will blame us if they fail, and if they make a profit, they will never remember us.

And this is the best way. In order not to lose savings by investing in something, they need to understand this something at least minimally. And if they rely only on someone's advice, then this is only shifting responsibility to someone, so that later this person can be blamed for everything. Let people learn about the possibilities and benefits of bitcoin, and then make their own choice.

Investing in bitcoin is for his benefit, if he doubts, let him regret more in the future. I won't do it because it doesn't benefit me, even makes me lose if his investment loses. I think we don't have to, it's not our responsibility. If people doubt bitcoin, let them regret it in the future. I'm in favor of recommending bitcoin to others, that's a good thing. But being willing to make up for someone's losses is a bad idea.

True. I can talk about Bitcoin with my friends if they ask me, but I'll never tell them to invest in it, and I told them that already. One of them asked me when should he buy it, now or later and I said that I can't take responsibility for his money and he should make research and think about it.

Certainly, there is no obligation to persuade them, but when we have like-minded friends, I believe it is not a problem to learn together and share about Bitcoin.

Perhaps the goal of OP in wanting to convince their friend and learn about Bitcoin is to make the topic of Bitcoin appear more frequently in their conversations. And isn't that a good thing? To make the topic of Bitcoin more engaging and interesting when gathering.

My suggestion is to bring up Bitcoin when you are deep in conversation and discussing life issues. That's when skeptics begin to open up and seek some interesting facts about Bitcoin that you can introduce to them.

I think there is no need to bring people who don't want to invest in Bitcoin or they are not interested. If you try to inspire them on your own responsibility, many times they may react negatively to you. Also, since Bitcoin is a highly volatile currency, a large dumping of the price can have a big impact on you. Just remember as you won't get any profits there you should not do anything that affects you later. But yes, as a conscious person you have a responsibility to give people some good message. You can explain it to them from that point of view. But if they take your point positively then you can enlighten them.

I see that the proper way to convince a skeptical person is to take his risk on your account (cover his losses). Let him invest his money, set a date when you plan to check Bitcoin price and sell it. If the price is lower, you repay a price difference. If the price is higher, that person takes everything. Repeat that until he starts to believe. Talking, giving examples, showing charts and etc wont work. Persons skepticism is in fear. Once there is not fear of loosing, he will believe and do everything.

There are people who have decided to be blind to digital currencies. They just don't care. Who do you report failed bitcoin transactions to? They ask. They aren't convinced about the genuineness of the project bitcoin.

The best way to convince someone to buy Bitcoin is to place them into a situation where they need to buy something internationally. Let them go through the wire process and see how expensive and inconvenient it is, then show them how you made the payment instantly with BTC. That’s all you have to do.

They will not be interested on it if they do not have deep reason on spending time learning about it. If there is someone who will introduce someon who will introduce me on something I don't fully understand and I do not have interested on it, the 1st thing that I will do is to ignore it. I will only cater them if the topic that they brought is something interesting and I have curiousity over it. This scenarios can also be applied to everyone especially if they are old not that techie they will have a hard time on becoming interested to buy and learn about bitcoin.

That is also the reason why I never force anyone to invest in it because I understand the risk of it like there is always uncertainty all over the market. Even though bitcoin is considered as one of the good investment nowadays, you cannot still guaranteed that you can 100% make a return because of its volatility and it is also considered as probability game.

An older couple I know in Tokyo made their first bitcoin investment yesterday after we told them about it.

They are really well off and have successful careers and want to have another asset to leave to their children and grand children once they are gone.

Just 2 weeks ago we explained to them what it's all about and how you can buy and sell it and everything and already some days later they already registered at an exchange. They also were sceptical but still very interested and it seems they saw the value in giving it a shot.

Yeah, learning about Bitcoin is really learning about a lot of different things, economics, probabilities and software are just the beginning of a never ending path of learning.

At the end of the day I think people end up being a better person once they start learning about Bitcoin.