I'll always tell people about bitcoin - page 5.

KiaKia

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Quote from: Y3shot on July 27, 2023, 01:31:29 PM

This days lot of bitcoiners are scared of introducing bitcoin to people because of they do not want to be blame if the investment ends bad. Most people have lost good relationships with family and friends all because of introduction to financial investment with no profit and this made them to take a serious decision never to make any introduction about money to anybody again. As for me I'll always introduce bitcoin to people because it is money, people needs money for better life. It is my duty to tell about bitcoin to people and it is their decision to invest in it.

Because of the risk that is in bitcoin it won't stop me from telling people about bitcoin which will better their life if they found it interesting.

If any bitcoiner is scared because they don't want to be blame if anything goes bad then the bitcoiner is to be blamed, it means he or she sweat talked about Bitcoin that makes the investors believe that there is no risks involved at all, what is there to be so scared about? You are free once you tell them the risky side of Bitcoin before telling them the good side, you are free if you teach them and make sure they are the ones that do the purchase themselves, you are free if you are not the one that help them to keep their Bitcoin.

I don't think I will ever stop telling people about Bitcoin, I will only make sure to avoid some certain people like those who are completely illiterate, there is no amount of explanations you can make to such people they will believe you are up to no good.

salad daging

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Quote from: adaseb on July 27, 2023, 10:58:17 PM

Then the bull market came and everything changed. They kept asking how to buy it, how to buy NFTs, how to trade on defi, about alt coins and everything.

So it’s funny that when Bitcoin was down everybody assumed it was a scam and didn’t buy. They bought during the hype at the top pretty much.

They must come to you when the bull comes and all change when the price soars, for me people like this are no longer strange, I have experienced the same thing many friends come when the bull comes but when bearish he is silent never asked at all. Lol

It's not strange anymore, I think people like this are still around you, when prices are high they buy but when prices fall and experience losses they will come and ask how to overcome this loss.
That's the person with greed and never fully learned about bitcoin.

ImThour

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I don't think so anyone is scared of telling people about Bitcoin, it's just no one wants to share that they are indulged and invested in Bitcoin.
It's more of a privacy concern and security reason than feeling ashamed of being part of this wonderful community. HODLing Bitcoin > Gold.

If you ask my personal preference, I told some of my friends and then they told me that xyz shitcoin is better than Bitcoin. So, that may also be one of the reason people don't share it.

Yatsan

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Quote from: Cryptomultiplier on July 28, 2023, 11:53:33 AM

It's not a bad idea to tell people about BTC. The point is to tell those interested in learning not those who want to investigate ones pocket because they spend more without being at the mercy of the banks or financial monitoring agencies.
I have known alot of friends who never want to hear the subject of BTC because of the investment they lost as at the time it originated and gained users.

I only tell people who I know needs the knowledge to assist their businesses or education or any other pursuit that would require an application or use of BTC technology or currency. These days telling anyone what they aren't interested in can even get you hated more than loved.

Also it depends on how they would take it. No doubt that most of the people having interest with this blockchain is because of the profit potential not knowing how things really works in this industry. Knowing what Bitcoin is won't be enough. Also with its usage which is still currently limited across countries since majority are still in doubt of its adoption. Indeed sharing about this technology is a good thing but it will always have two sides. Engaging won't be all turn out to a good outcome 'coz bad instances may do still happen such as people investing and losing due to market price volatility and eventually accusing this technology as scam and such. So I agree that we better choose qisely, to whoever we should share the information about this industry.

taufik123

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Quote from: inthelongrun on July 28, 2023, 10:52:28 AM

-snip-
Personally, it's not that I am scared to get the blame if in case their investments fail to materialize, it's just that I want privacy and I don't want people to know more about me. And I also continue to tell some close friends about the potential of bitcoin especially on the financial side although most of them are not convinced. But many of them contact me during bull runs and some are just looking for some free treats.

Your friends only reach out during bull runs, but during crashes, you will be blamed for pulling them into the loss.
As you said, you just want privacy and don't want people to know about you and Bitcoin because it will hurt you in the end.

It's better to give information to someone who is really interested and knows the risks, rather than just a new person who is curious about Bitcoin and how to make money from it.

Quote from: leonair on July 28, 2023, 12:07:06 PM

-snip-
But in case of Bitcoin there are no limitations so anyone can use Bitcoin as they wish without anyone being held accountable. So I support your promotion because everyone should have a positive idea about Bitcoin

Anyone has the right to own Bitcoin, even minors are also not a problem.
But is there no supervision from parents or people who understand Bitcoin and the investments that will be made.

Using Bitcoin will look wise if you use it correctly, but if you only buy and sell at a loss it will only spend money for nothing.
Everyone has positive ideas, but everyone also has negative ideas

leonair

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Quote from: Y3shot on July 27, 2023, 01:31:29 PM

This days lot of bitcoiners are scared of introducing bitcoin to people because of they do not want to be blame if the investment ends bad. Most people have lost good relationships with family and friends all because of introduction to financial investment with no profit and this made them to take a serious decision never to make any introduction about money to anybody again. As for me I'll always introduce bitcoin to people because it is money, people needs money for better life. It is my duty to tell about bitcoin to people and it is their decision to invest in it.

Because of the risk that is in bitcoin it won't stop me from telling people about bitcoin which will better their life if they found it interesting.

I really appreciate that person activities when he promote Bitcoin. Bitcoin is a potential currency for the modern and digital futures. Bitcoin is a pair to pair cash system and it is totally this decentralized that's why a person can easily use Bitcoin for any quick payment and investment. when a person deposit his Fiat money on the bank then that money then they have no control on their money And since then he has to move within certain limitations. But in case of Bitcoin there are no limitations so anyone can use Bitcoin as they wish without anyone being held accountable. So I support your promotion because everyone should have a positive idea about Bitcoin

Cryptomultiplier

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It's not a bad idea to tell people about BTC. The point is to tell those interested in learning not those who want to investigate ones pocket because they spend more without being at the mercy of the banks or financial monitoring agencies.
I have known alot of friends who never want to hear the subject of BTC because of the investment they lost as at the time it originated and gained users.

I only tell people who I know needs the knowledge to assist their businesses or education or any other pursuit that would require an application or use of BTC technology or currency. These days telling anyone what they aren't interested in can even get you hated more than loved.

isaac_clarke22

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Quote from: Y3shot on July 27, 2023, 01:31:29 PM

As for me I'll always introduce bitcoin to people because it is money, people needs money for better life. It is my duty to tell about bitcoin to people and it is their decision to invest in it.

Because of the risk that is in bitcoin it won't stop me from telling people about bitcoin which will better their life if they found it interesting.

That's gotta be not the great way to introduce Bitcoin to people and I am sure that some people told their friends that Bitcoin would make them rich and that's not yet introducing this forum itself. Be prepared OP to babysit plenty of people as they would ask you many many many questions over and over on why their investment is not doing something "new".

I know you put there that it is still their decision to invest to it, but before they made that kind of decision, they already had mountains of questions to ask to you. Not sure how large your social circle is OP, but I would choose people to tell Bitcoin......at least for now.

I had a horrible experience teaching people about bitcoin so there goes my few cents.

inthelongrun

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Good for you. I can only hope that you are not charging people in your sessions introducing bitcoin like many so-called gurus are trying to do.

Personally, it's not that I am scared to get the blame if in case their investments fail to materialize, it's just that I want privacy and I don't want people to know more about me. And I also continue to tell some close friends about the potential of bitcoin especially on the financial side although most of them are not convinced. But many of them contact me during bull runs and some are just looking for some free treats.

gunhell16

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Quote from: Y3shot on July 27, 2023, 01:31:29 PM

This days lot of bitcoiners are scared of introducing bitcoin to people because of they do not want to be blame if the investment ends bad. Most people have lost good relationships with family and friends all because of introduction to financial investment with no profit and this made them to take a serious decision never to make any introduction about money to anybody again. As for me I'll always introduce bitcoin to people because it is money, people needs money for better life. It is my duty to tell about bitcoin to people and it is their decision to invest in it.

Because of the risk that is in bitcoin it won't stop me from telling people about bitcoin which will better their life if they found it interesting.

If this is your belief, I respect that. But just like the others concern if you can't stop telling them about Bitcoin you must be honest tell them about the risk as well, and then also introduce them the advantage so they won't blame you in the end.

It is because, Bitcoin became a trade mark to the majority people who has zero knowledge about it that this was a scam. but for us who are deeply knowledgeable about this thing it is not of course.

Oluwa-btc

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Quote from: Y3shot on July 27, 2023, 01:31:29 PM

This days lot of bitcoiners are scared of introducing bitcoin to people because of they do not want to be blame if the investment ends bad. Most people have lost good relationships with family and friends all because of introduction to financial investment with no profit and this made them to take a serious decision never to make any introduction about money to anybody again. As for me I'll always introduce bitcoin to people because it is money, people needs money for better life. It is my duty to tell about bitcoin to people and it is their decision to invest in it.

Because of the risk that is in bitcoin it won't stop me from telling people about bitcoin which will better their life if they found it interesting.

Too much have been said about telling and I'll do this and blah blah blah.

Why don't you teach them how to use Bitcoin or order Shawarma and Burgers for them using it. I mean praticalizing and utilizing it in modern day to day would catalyst them and also convince them into using it. Investing gives it value so as day to day utilization of Bitcoin. Not just money or Bitcoin, People need love, care, kindness, compassion and also believing in them..

Teach them about Bitcoin but don't force them to invest, this as franky1 would always say. So when they eventually lose or forget to take profits due to greed, they come back blaming and faulting you for the exposure and awareness shared.
Risk are worth taking, they might be overwhelming to achieve immediately, but at the long run it does. Also patience is a virtue, do the best you can but also, not everyone can enter the Bitcoin Ship. I'll simply say it might be programmed for everyone,but it's not for everyone.

Adams0001

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Quote from: Y3shot on July 27, 2023, 01:31:29 PM

This days lot of bitcoiners are scared of introducing bitcoin to people because of they do not want to be blame if the investment ends bad. Most people have lost good relationships with family and friends all because of introduction to financial investment with no profit and this made them to take a serious decision never to make any introduction about money to anybody again. As for me I'll always introduce bitcoin to people because it is money, people needs money for better life. It is my duty to tell about bitcoin to people and it is their decision to invest in it.

Because of the risk that is in bitcoin it won't stop me from telling people about bitcoin which will better their life if they found it interesting.

Many people complain because you failed to inform them of the risks involved. When I introduce someone to Bitcoin investment, I emphasize the risks involved, such as market volatility, regulatory risk, and cybersecurity threats. Emphasize the necessity of just investing money that they can afford to lose. Also, tell them how much money they will make if the market goes well. If you explain it to them, they won't care whether the market is going well or not. If he is interested in the investment, he will join you and invest as well, but often individuals only discuss the benefits of Bitcoin without informing them the other side of the coin. Because the price can fluctuate at any time.

Lorence.xD

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Quote from: Tony116 on July 28, 2023, 03:15:24 AM

Quote from: RockBell on July 28, 2023, 02:26:31 AM

Quote from: xSkylarx on July 28, 2023, 01:59:53 AM

You are a really brave person, and for sure you'll still haven't encountered a person who keeps blaming you. You introduce him because you know there are kinds of people whose mindset is to blame anyone when they lose, etc., and I want to avoid this kind of person as it affects me a lot and I'm not comfortable with it. Though it is your choice, which is still good, and that is what you prefer, we won't stop you about this as you really want to help others.

In situations like this, the best way to avoid being blamed is to explain how unstable Bitcoin can be. This is where many people introducing Bitcoin go wrong they keep portraying Bitcoin as if it continuously generates profits with no losses if you are introduced into a business with this pattern, you will undoubtedly enter it, and if anything should go wrong, you will undoubtedly blame who introduced you. I also enjoy introducing Bitcoin just that I will tell you everything and allow you to make a choice yourself, and also tell you about the security and other basics, in my opinion, we should make everything plain while explaining Bitcoin.

Indeed, there are many people when recommend bitcoin to others who focus only on the huge profits that bitcoin brings, very few will emphasize the risks that bitcoin poses to us. But there are also people who are very stubborn, know they are wrong but always find a way to blame others when they fail, they never admit to themselves. So honestly, I don't recommend bitcoin to anyone either, I don't want to get in trouble and waste my time.

Of course you will start with the opportunities and benefits of Bitcoin when introducing it so people would be interested to it. People love to be spoon fed with information that they think are easy money. So if you forgot to mention its risk definitely they would come back to you as they lose their assets. If that's the case you have some partly fault since you didn't gave all the information about Bitcoin which is pros and cons. But if you provided all those information and still they blame you for their loss? Nah, it's your fault man as you stake your money you should researched a lot about it first and started with small amount. I don't know it's true that introducing Bitcoin is an advantage but the hassle from brain dead people is much worse.

CryptSafe

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Quote from: Nrcewker on July 28, 2023, 02:55:30 AM

Educating people about Bitcoins is different and advising them to invest in it is different. There is no problem with educating people about Bitcoin and it’s benefits.

You are absolutely correct sir. The both as you have said are two different things entirely. You educating people is just like teaching them the whole process of Bitcoin and how it evolves so as to get them equipped with knowledge before they think of anything about it or possibly on their own as not to get into any issues in the future. Like the saying that says knowledge is power. This is applicable when they have such information on Bitcoin at the tip of their fingers. It would help go along way.

While advising to invest is solely done at whom ever you are unveiling into the system. It is safe one does not talk them into investment because if they do and anything happens, they would be held responsible and if it be as a result of one's ability not to look into the situation before they go further to give advice, then the problem would be on their head to sort out by themselves.

That is why it is advisable to tell them to do their own research before engaging.

Negotiation

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People can be told about bitcoin talking about bitcoin and investing are not the same thing but giving good advice to invest in bitcoin is the right decision. I think the best way to start investing in anything is to define your financial goals. You don't necessarily have to buy whole coins, you can buy fractions and monitor it, you can always add at any time. I have many people like that know that they used that strategy and accumulated a decent amount of crypto without the extra cash they were using. These should be explained well and if the right investor can not be in a hurry and wait patiently.

Kaliandra

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I have no idea how you go about it, but I think you should be applauded for your courage. I won't argue with you, but if you do tell them about investing, a word of caution: be careful not to get into a fight.

I agree with you, so in this case in explaining to people about BTC have to be wise and there is no element of coercion especially if are involved in a fight, so as BTC investors of course we have to be able to explain it well and wisely, so that later are not blamed when your friend we have a loss.

and don't forget to also explain to people that if you want to invest in btc have to use money that is ready to lose and it would also be even better if suggest someone who is interested in investing in btc to start with small capital first, for the learning stage.

lovesmayfamilis

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OP, if your friends have internet, tell them the code word "Bitcoin", I don't think Bitcoin needs advertising these days. If there is no Internet, as it was in your case with the lack of constant electricity and, accordingly, the difficulty of accessing the network, then there is no point in wasting time.
But seriously, if you speak enthusiastically about Bitcoin, people will get the impression that if you teach, then you have great success. But among people, there are not always those who want to achieve something on their own; there are times when people like to take from others what they have. Do you need such problems? I wonder why there are so many teachers. It reminds me of a religion that drags people into their faith. Let people be independent, take their risks, and make their own choices. If you want to help someone, give them money; this is where you will be at your best. Grin

fuguebtc

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Quote from: Z-tight on July 28, 2023, 03:01:43 AM

Quote from: Mr.suevie on July 27, 2023, 05:18:18 PM

Spreading the news about bitcoin isn't bad but the only issue is that the user explains the whole concept or the basic important ones like it's volatility so that' if the person who you are explaining things decides to buy bitcoin it will all on him as very man becomes relatively responsible for their investment and actions.

Instead of explaining the concept of BTC to people as being an opportunity to make wealth, but with risks that they will be responsible for, rather explain BTC to them as being a censorship resistant and permissionless currency. If the people are interested in BTC as a currency that is different from fiat which is pro censorship, they will learn more about it, including its fixed supply, demand and volatility which an investor can take advantage of and make revenue, this is how to introduce people into the BTC network.

That might be one way but I doubt its effectiveness. I mean we are all interested in bitcoin for profit, there are very few people who care about bitcoin as a currency. So if you recommend bitcoin to other people but just talk about how it works as a currency, they will immediately ignore it. You want people to pay attention to your word, you need to provide what they need and profit is something that no one can refuse. In my opinion, if we want to share bitcoins with everyone, we need to select the right audience, not massively.

jeraldskie11

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Quote from: Smack That Ace on July 28, 2023, 12:30:01 AM

Quote from: jeraldskie11 on July 27, 2023, 05:35:25 PM

Quote from: Y3shot on July 27, 2023, 01:31:29 PM

Because of the risk that is in bitcoin it won't stop me from telling people about bitcoin which will better their life if they found it interesting.

I see a little to no risk in Bitcoin if you are going to invest today. The price is too cheap for because I believe that price will going to hit $100k at the right time. If I basing on my technical analysis, in macro time frame the trend is uptrend. If we see a down move or dump, it's retracement or pullback. The only risk I see in investing in Bitcoin is that if you put your assets in the exchanges. My advice is that if you're going to invest in Bitcoin, you should keep it in the open-source and non-custodial wallet.

I also believe in bitcoin's future upside potential but please don't say that investing in bitcoin is risk-free. The higher the return, the higher the risk, they are always proportional, so never make misleading statements to others when you have no proof for what you say. If you can look at the chart and see that the market is going up, remember that you are not the only one seeing it. And if the market were so predictable, there wouldn't be so many losers. Investing in bitcoin has helped many people change their lives in a positive way, but it also made many people lose their money and fall into a dead end. This is a financial market, where there are winners and losers, there is no such thing as a win-win game.

I didn't suggest investing in Bitcoin is without risk, but today is different. Bitcoin's price is still relatively low, and you will eventually be profitable. I'm not sure why you said Bitcoin is risky, because the only risk I view is when the price is at its peak and then you decide to buy. However, even if the price drops, you will not lose money if you do not sell it. I believe in Bitcoin, and it all depends on how you look at it.

Solokan

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yes, I think it's a good decision op, and maybe many of us also invest in btc because friends or relatives tell us, and finally get benefits from investing in btc, but there are indeed many people who are afraid to tell people about bitcoin, for fear of being blamed even though if we explain to people about btc properly and correctly we will definitely not be blamed as long as there is no element of coercion. so as long as we explain about btc to other people it doesn't matter as long as we explain it properly and correctly and there is no element of coercion.

Topic: I'll always tell people about bitcoin - page 5. (Read 953 times)