I agree with the method you used to introduce cryptocurrencies to your friends then.
Memes for now are indeed popular, and explaining cryptocurrencies through memes
is the reason when they like the meme. For that the meme about cryptocurrencies
is now popular. And bitcoin memes are also many, I hope beginners will also love
bitcoin memes, so their curiosity about bitcoin is growing.
Topic: I introduced cryptocurrency to my friends by using DOGECOIN - page 4. (Read 803 times)
not a wrong step, but it is much better if the first time you introduce it should be bitcoin. thus people can easily find crypto other than bitcoin. around me is more dominant and the majority know what bitcoin is than Dogecoin.
DOGECOIN has an other advantage for new comers,
As a first investment, you can own multiple DOGECOIN and not only a small fraction of one DOGECOIN. (hello BTC !)
It's more intuitive to start.
As a first investment, you can own multiple DOGECOIN and not only a small fraction of one DOGECOIN. (hello BTC !)
It's more intuitive to start.
Of all cryptocurrencies, why doge? as a crypto enthusiast myself, I love sharing my experiences with Bitcoin and other cryptcies with my friends, I often get to start off my sharing with DOGECOIN rather than Bitcoin, why is it you say? Well since my friends (at least in my circle of friends) know a lot and love doge memes, I then start off the topic by talking about doge and how popular doge is, then I finally start to tackle about dogecoin being an actual digital currency (I decided to say digital currency so they'd have an idea instead of cryptocurrency) and after a short explanation they are then ought to believe with what I'm saying by showing that I am actually earning dogecoins, and after a few months, they've started planning to actually buy dogecoins and see for themselves, it's actually an easier way to make them benefit with cryptocurrency using other cryptocurrency rather than just by relying on Bitcoin.
Your case is very peculiar, most people are going to know about bitcoin and no other coin which is why it is the coin most people try to get their friends and family members to adopt, anyway good job in getting your friends into this market, just try to explain to them not only the benefits of this market but also the risks, like the huge amount of scammers and the crashes that happen from time to time, after all if they suffer economic losses you do not want them to blame you because of it. 
Well Bitcoin is Bitcoin, it will always remain the leader of the whole cryptocurrencies but Doge is just an easy altcoin an a powerful one. Nice choice buddy. You can also share with them some dogecoins to make them happy. Also, thanks for spreading the word and letting them know.
It's understandable that the dogecoin meme contest was a success and it gives the coin more exposure but cryptocurrency is a serious investment that needs to be treated more than just fun and dogecoin to only be an entertaining/online reward coin was the reason most whales investors never support it.Nevertheless, I also start my crypto joining with dogecoin, it was among the reputable crypto then, and it not among the powerful ones now.
Well Bitcoin is Bitcoin, it will always remain the leader of the whole cryptocurrencies but Doge is just an easy altcoin an a powerful one. Nice choice buddy. You can also share with them some dogecoins to make them happy. Also, thanks for spreading the word and letting them know.
it doesn't matter if you start introducing a crypto currency like DOGE to your friends, this is a good start and over time they will also know for themselves what Bitcoin or other crypto may be more profitable than DOGE. But I'm not saying DOGE is bad.
Good for you @OP, you do not have a hard time explaining about DOGE because your friend already knows it. You just need a little push and then.. voila! They get what you wanted to convey because they already had an interest in the topic. I also commend you for using terms that are familiar to them since they can easily grasp the idea. Honestly, Doge is also the reason why I am in the cryptocurrency community.
I'm reluctant to introduce newcomers with altcoins, prolly cause there are quite a lot of altcoins and many are more or less pump or dump, when i want to talk to a group of friends, or a friend about crypto, though I can't remember the last time I did, I always start with Bitcoin, cause I'm sure that's the crypto they must surely have heard of, if they've heard of any; and imo Bitcoin, it's history, it's events and other whatnots about it, is definitely going to pique their interest in crypto generally. Having said that, imo, if anyone understands the basics about Bitcoin, and some of its technicalities, then understanding altcoins is going to be easy.
What a fascinating story. I cant believe that Doge does make a person consider of buying cryptocurrency. Everyone loves meme, including me. By having a great story of a meme coin, we can lure a person to the crypto trap lol.
I guess we can only do this with young people. We cant use this method to elderly because they dont even know what memes are. There are several ways to approach old people but IMO, it is waste of time because sooner or later, they will pass away. Moreover, they dont like new technology. The dont have the eagerness to learn new things changing around them
I guess we can only do this with young people. We cant use this method to elderly because they dont even know what memes are. There are several ways to approach old people but IMO, it is waste of time because sooner or later, they will pass away. Moreover, they dont like new technology. The dont have the eagerness to learn new things changing around them
i have a small circle, but then when i introduced them to crypto.
i explain the risks at first, i dont need to hyped them and just charge directly without a handful of knowledge
needless to say its better for them to be equipped with basic knowledge and what to do and donts.
i explain the risks at first, i dont need to hyped them and just charge directly without a handful of knowledge
needless to say its better for them to be equipped with basic knowledge and what to do and donts.
As for where I live Bitcoin is already very popular to the extent that most people knows about it and when you talk about any other cryptocurrency they’ would ask questions like ‘is it another thing like Bitcoin?’ lol.
So, Bitcoin is the major thing for most of them and that’s what they know. I have never talked to anyone about cryptocurrency and talk about altcoins, I usually start with Bitcoin and when I have taught them all the things they need to know about Bitcoin, I then break everything down to them and let them know that there are also other cryptocurrencies, which are known as altcoins.
So, Bitcoin is the major thing for most of them and that’s what they know. I have never talked to anyone about cryptocurrency and talk about altcoins, I usually start with Bitcoin and when I have taught them all the things they need to know about Bitcoin, I then break everything down to them and let them know that there are also other cryptocurrencies, which are known as altcoins.
This is actually good, but you have to tell and explain the best and most profitable coins like Bitcoin or Ethereum and any other coins you know besides Dogecoin.
but over time they will deepen and learn more, especially about bitcoin, because new people will be excited when starting they have made huge profits and will be motivated.
but over time they will deepen and learn more, especially about bitcoin, because new people will be excited when starting they have made huge profits and will be motivated.
not bad, because Doge is also one of the old cryptos that still survive today. just like eth, btc, and ltc, Dogecoin is easily accepted by everyone. Although this coin has no definite purpose, Doge is perfect for beginners who want to learn crypto. Give them some doges and see what they'll do with the coin.
Whether dogecoins, bitcoins or ethereum or any altcoins. It depends to your explanation and the enthusiasm that you're showing to them.
And also, the people you're talking about it. You are lucky because your friends are very much interested of knowing more about it.
How you're earning dogecoins?
And also, the people you're talking about it. You are lucky because your friends are very much interested of knowing more about it.
How you're earning dogecoins?
I think this is a good idea! Learning by sending bitcoin around could end up being more expensive. And people learn by playing around and not taking things too seriously. Being constantly afraid that they mess up every transaction. Basics are same anyway and there's a high change that they see the value in this pretty quickly.
that's what we need to do to get anyone closer to cryptocurrency. because in this case providing knowledge to others will be very useful. Moreover, introducing Dogecoin is very good, so here we are not only explaining about bitcion, in fact there are opportunities other than bitcoin that can be achieved with minimal capital by people who want to invest in cryptocurrency.
Remember that Dogecoin is very high quality in any market
Remember that Dogecoin is very high quality in any market
Good effort to help the crypto adoption gets increased but when we introduce people to the cryptocurrency we should approach them as currency rather than an investment digital assets because once you get attracted with the money you are making from those coin then they also will start investing on cryptocurrency but both people have different knowledge level in crypto space so it is not possible to make same amount of profit even they may lose their capital in the volatility or for scammers.
That's great, you helped the crypto community becomes wide, and probably once your friends will fully understand what crypto is, they surely do the same as what you'd did to them. I appreciated people who are willing to spend time just to educate other people that didn't know what is a cryptocurrency, I hope you explain to them very well also the possible risk of investing in either altcoins or Bitcoin and Dogecoin is a good start to invest.
People become greedy if you will talk first about the profit that we potentially get upon investing in crypto, but if you talk about how important and usage of crypto to us, they might understand the function and how will work this crypto so that they can avoid the possible risk.
Anyway, you did a good job here.
People become greedy if you will talk first about the profit that we potentially get upon investing in crypto, but if you talk about how important and usage of crypto to us, they might understand the function and how will work this crypto so that they can avoid the possible risk.
Anyway, you did a good job here.
absolutely right, this is the same thing that i do. because Dogecoin is a coin that is said to be safe when investing. Dogecoin is an alternative when we can't buy Bitcoin. the people I tell, they really enjoy it. coupled today with a tweet from Elon Musk who has pumped up Dogecoin for a pretty good price.
they look happy, and their smiles mean a lot to me
they look happy, and their smiles mean a lot to me
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