Topic: I'll always tell people about bitcoin - page 4. (Read 938 times)

I always want people to know about Bitcoin and invest in it. I want to educate people about Bitcoin who will know the positive aspects of Bitcoin and be interested in investing. Bitcoin should not be taught to people who will blame themselves if they lose a small amount of money investing in Bitcoin. But I will definitely discuss Bitcoin volatility in detail with those I teach about Bitcoin if they avoid investing. Many people think the opposite when they are told about Bitcoin, they think they will lose money if they invest in Bitcoin. But if the investment is done at the right time by following the Bitcoin market then surely one can earn good amount of money from it. So one needs to be aware of market volatility and risk regarding Bitcoin before recommending to invest in Bitcoin. If people are interested in investing in Bitcoin following all this then it's their decision, Our decision is to talk about Bitcoin to people.

I stopped telling people about Bitcoin a long time ago. Everyone around me is already knowledgeable enough, there are even very good traders. They know everything. There are many who see Bitcoin as gambling or risky stock market. Instead of getting into a Bitcoin discussion with people like this, I just nod and move on. 7-8 years ago, I used to tell Bitcoin to every person I met, but I don't need it anymore. Everyone knows more or less what Bitcoin is now, and those who are really curious about the details research it themselves. I also wouldn't give any investment advice to anyone.

This is true. People always stay positive and wants good return. With crypto investment we can't be sure of the market move happening the next minute. When our suggestion brings good money the credit will be taken by the individual just for investing their money and when the predicted growth didn't happen the blame comes upon us.

I personally give them the basic understanding about the existence of bitcoin and cryptocurrencies. Further if they are interested they used to ask more information regarding to it. Further the choice of investing is theirs and I never get into it.

This is me when someone asks about bitcoin, but i never and will never initiate to tell people about bitcoin especially in investment because i don't want to be blamed when their investments failed. They will just ask what coins are your holding now or i'll just ask a question something did you buy xx coin? It did great just past few weeks. But i will never tell them what coins they should buy when to sell/buy for the same reasons.

It is good from OP and it is kind of responsibility every bitcoin user needs to have. In reality different people have got different experiences while sharing information related to bitcoin and other cryptocurrencies. This might've stopped most of the people from not having discussion about bitcoin. Till date the spread about bitcoin and growth have taken place mostly through the word of mouth. In recent years individual businesses for their profit have advertised about bitcoin. So, lets not forget how things have happened and continue to support it.

Op has not encountered any problem and accusation so it is easy for him to  burst himself. And it is not by force to tell people about bitcoin. In this days things are easy to say than action. Op when you introduce bitcoin to someone and the person loss all his investment in the process, ehn, you will be accused or blame of the person lost.

You can do it - but you must withdraw from any sense of responsibility for their loss and gain. You can spread information about bitcoin to anyone ^{[friends, family, or anyone in your social community],} but you should not be responsible for the consequences. Bitcoin trading and investing is clearly high risk - but the potential returns are just too tempting, but they have to learn instead of being too keen to invest in them right away.

When making up some introductions then it would really be something better to be on this way on which hooking them up initially on how to make money or profits because it would really be just that normal for a person to get interested on the time that they would be hearing out on how to make money or earning it on which it is likely that they would really be hooked up and would listen but of course later on you should really be telling the cons or disadvantage and risks on making out investment so that they wont really be blaming you out on the time that investment would go south.We know that this market is volatile and never ever that give out guarantees on making profits unless if you do hold for too long or many years then you would really be seeing that possible income but we know that not all people would really be having that kind patience when it comes to waiting game and this is why they would really be making out those steps on which it might be resulting into disaster. Its better not to make yourself having those kind of guarantees if you dont like on getting blamed out. Telling Bitcoin or crypto to people do really adds up that recognition and awareness of its existence but due to regulation and some behavior of some people then they arent really that listening on whatever they do able to hear out.

No problem telling people about Bitcoin. Wouldn't not want to talk to people.  But to do this you have to start first by talking to them or sharing with them stories of people who lost their bitcoins as a result of one their negligence, two their carelessness and 3 there the risk involved. When he starts with the risk at the top of your explanation move downwards slowly before you talk today about the rewards pure this way their hearts and their minds are all really really to faces whatever bitcoin has for them.

When it come to business or any kind of investment, I think people should know that there is risk and there is gain so Bitcoin awareness isn't something one should take for granted because alot of people have been mislead to wrong investments because they weren't properly guided on how they ought to invest. Remember when introducing people to Bitcoin, do not forget to inform them about the risk which is an important key note, the gains when you do a very good investment, and how much time and patience they need to wait so they can make profit but above all, always encourage them to invest with the money they are willing to keep for sometimes and they should get property knowledge of what they want to invest before investing.

^ That is admirable.
Introducing others to BTC based solely on your success story probably leads them to invest without fully understanding the risks involved. The initial investment probably yields profits, but without market experience, a sudden price crash could cause significant losses and deter them from continuing their investment journey. Consequently, they probably associate you with their financial troubles, feeling you did not adequately warn them about the potential risks. Instead, it is crucial to promote important investing, educate others about the market's volatility, and encourage them to make well-informed decisions that align with their unique financial situations and risk tolerance levels.

That’s expected already as they will never experience the loss in the first place if you never introduce them and convince them to invest in bitcoin. So even if you clear it out about the risks that are associated with bitcoin investment, they will no longer remember it anymore because all they want is to find someone who is responsible for their losses.

Your intention is good but I don’t think other people will have the same mindset on you. And even if you tell them about the risks aside, the fact that you introduce bitcoin to them and they’ll see that it has made you who you are today, then that will be their prime reason to believe in bitcoin too.

The first investment maybe good and profitable, but since they invest without much experience in the market then we can expect that sudden price crash will create a negative impact to them, thus making them fear to continue their investment and end up losing them in the end. And when it happens, you’ll be the first person that they will think the one to be blamed because you never warned them in the first place.

Well, I'm not sure how you tell people but honestly, I couldn't really imagine saying it is easy to educate someone who is not interested in one thing. Of course, you can just say - "hey you know Bitcoin? " Hey, this is what Bitcoin is all about". But what I was expecting from saying telling people is for them to understand clearly and educate them, not just by spreading the word Bitcoin without understanding. I could really assure you that no matter how good you are at telling people, rejections are really going to happen. I'm not afraid to be blamed but I just wanted that if I told someone, I was expecting that he would listen and follow what I say.

I don't think much for others. When I behave appropriately on social media, posting crypto-related images, I do so purely out of satisfaction. I never ask, but if anyone asks me about crypto I will answer. So I'm not going to start telling stories, let them ask. There was a fear when I told the story it would be wasted. Those who are curious tend to ask, chances are he who asks will be more serious about learning and understanding crypto. In addition, he will not give up easily if he tries.

It will depend on personal preference. And actually this is a decision and a good step to introduce Bitcoin to people. because after all, Bitcoin is a valuable thing, which the more people know about it the better. But indeed sometimes, this path is also full of dilemmas. On the one hand we introduce Bitcoin, but on the other hand, sometimes people's expectations are too high. Or because of our explanation that leads their opinion to think and have such high expectations. Because of that, we also need to consider what is the best, right, wise, and safe way to introduce Bitcoin to new people.

I only introduce to people that I assume they deserve to know it. I avoid to introduce it to the people who are fiat lovers who are not open minded. I don't want to argue with people who don't want to understand each other and have no intention for a better life.

Sure, Bitcoin is a currency but we are talking about Bitcoin as an investment, right? An investment is needed as well because it may improve people's life.

Actually, we are free to introduce it or not. But it is the right decision to help spread the adoption of Bitcoin whether it is as a currency or an investment. But make sure we don't force people, let them decide everything themselves. If they decide themselves, they won't blame us when they fail in the future. Also, joining an investment should be with own intention, no compulsion for investing.

Regrettably, I am unable to openly promote Bitcoin in my country due to its legal status. Instead, I discreetly share information about it with only those closest to me. Revealing myself as a Bitcoin user could lead to trouble with law enforcement agencies in the future. However, when explaining Bitcoin to someone, I make sure to inform them about the associated risks, as they might hold me responsible if they experience losses in the value of their holdings.

There are countries where Bitcoin is ban and you may land in trouble if someone complain to authorities that you are advocating about Bitcoin. This is also one reason why people are scared of telling about Bitcoin to others.

Bitcoin is not for weak heart people, as it can go in both directions. The truth is Bitcoin is a good investment and will never disappoint you if you choose it for investment. The only thing one need to take into account is that it takes time.

It is not only about being scared to get blamed if they ever introduced it to their relatives and friends. But it's also about protecting yourself since there have been cases in the past about the $5 wrench attack. If you do like to keep yourself safe from those attacks after telling people about Bitcoin, you need to minimize it in person.

The risk will remain as an investor but the greater risk is also there. As you've said, it is money and everyone needs money and those that are not in the right mind might do something crazy just for it.

Just like what people does for money, they can do such things like stealing and robbing it from other people. It's also possible to happen in Bitcoin if there's a physical interaction that might force and hurt you.