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Topic: I'll always tell people about bitcoin - page 7. (Read 860 times)

hero member
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July 27, 2023, 11:42:57 PM
#33
It's okay if you introduce people to Bitcoin because you see the upside people can get if they want to use it. That's good because at least you've tried to introduce Bitcoin to them and it's up to them to want to use it or not.

The important thing is that you don't force them to follow your advice because each person has their interests. Maybe they don't want to follow your advice, but a few months later, they will come to you asking for more explanation about Bitcoin. So you also don't need to expect too much from them and always focus on yourself.

So keep up the good work and hopefully, more people will become interested in Bitcoin and follow your advice. And don't forget to accumulate more Bitcoin than just introducing Bitcoin to them. Leave the decision to them. We just introduced Bitcoin to them.
sr. member
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July 27, 2023, 11:33:07 PM
#32
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.
Personally, I am also a person who often introduces this market to friends and relatives, but what I learned in the process is that it is suitable for the audience, not everyone is ready to receive something new. Not only with this market or bitcoin but looking at many other things in life as well, lack of beginning is a major barrier followed by wary skepticism about things that are inherently not good because of ignorance, and a loop.

Similar to the chicken hatching from the egg, I've found that when people can afford it, they'll find new things on their own (maybe a bitcoin opportunity) so sometimes just let them experience it, and when it is possible that the eggshell is removed, those people will have to adapt to something newer. After that, I found it better that those who went before had experience or built a clean space for the newcomers to have a less negative and more positive view.
legendary
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July 27, 2023, 10:09:26 PM
#31
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.
Oftentimes the truth is in between the parties: some people are too enthusiastic about bitcoin so they ended up talking about it like it's the solution to all the world's problems; on the other side we have people who know zero about the financial system and bitcoin so they expect to make tens of thousands of dollars in a few weeks/months and can't accept the fact that there could be a bear market... The best decision is just to introduce them to bitcoin, explain a little, and them they're supposed to learn and decide whether investing or not. 
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July 27, 2023, 08:18:58 PM
#30
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.

Along with the fear of being blamed, many people do not want to share bitcoins with others for privacy reasons, they do not like being harassed or prying into their private lives. Moreover, there are still some countries that ban bitcoin so many people won't want to share it with others because they don't want to get in trouble with the government.

Sharing bitcoins with people around is a good thing because it is also the best way to make bitcoin popular, but everything has its pros and cons.
If you are not afraid of others blaming you, not scared of losing your privacy, then you are doing the right thing in the spirit of a bitcoin investor.
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July 27, 2023, 07:54:05 PM
#29
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.
don't worry and calm down no one will try to stop what you want to do except yourself.
i salute your intention, in my opinion introducing and teaching those closest to me is good and it is very time-consuming, let alone introducing and teaching the wider community.
but keep in mind if you want to introduce and invite the wider community to invest in Bitcoin you should have a mature and sustainable preparation and plan to explain and invite them. don't think that only with talk and then people will just believe it, because you will be faced with people who might be interested in Bitcoin and maybe even people who are against Bitcoin.
apart from what you say which must look convincing, people sometimes also need evidence and guarantees. maybe if you can prepare all that then maybe you will succeed with your plan, good luck.
sr. member
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July 27, 2023, 07:44:35 PM
#28
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.
Best of luck man.
Hoping that the people you introduce to bitcoin get the reality of what it is and not accept with the expectation that their life's problem will end as a result of investing in bitcoin. Bitcoin is for everyone. I don't know how you introduce them to bitcoin but you should go more than talking to them about it orally and finding out how each of them that shows interest would like to know about bitcoin. When you do, get them the resources that will help them understand the fundamentals quickly.
sr. member
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July 27, 2023, 07:37:34 PM
#27
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.
Whether the price is cheap or not we need to understand that investing in Bitcoin has some level of risks that we need to know or else, we might blindly invest in Bitcoin and end up losing because we don't have good knowledge about what Bitcoin is and what it does or capable of doing.

The market is very volatile and that pose a level of risk to those who do not know the next step to take especially when they keep making loses in the market. If we are swift and have good understanding of the market, even though we are making loses, we can still be patient enough that will make us to take a good decision as an investor.
sr. member
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July 27, 2023, 06:39:19 PM
#26
I must confess that I don't talk to people about Bitcoin unless the topic comes up. I don't go about preaching the gospel of Bitcoin. I don't believe that's the way to go.
It's okay if you do, but you should have the right knowledge before you introduce people to. They shouldn't see it as a way to make money and not bother making further research because they're so eager to invest and make money.
If a person comes to me and ask then I'll gladly educate. Everyone out there is looking for a way to make money and half of those people might see Bitcoin as a way to get rich ASAP while the other half may think it's a scam.
sr. member
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July 27, 2023, 06:35:25 PM
#25
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.
sr. member
Activity: 406
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July 27, 2023, 06:19:27 PM
#24
That is why you don't need to force or persuade anybody to learn bitcoin and when teaching them about it,you should tell them the pros and cons of bitcoin and not just the good side of bitcoin. It is when you tell someone that bitcoin is a get rich quick investment that the person will blame you. If you tell them that bitcoin can only give profit when you hodli for long, I don't see any reason why you should be blamed for the knowledge that you passed on to them. Teach only the people that shows interest on learning it and don't tell them to invest,just only the basic concept of bitcoin.
sr. member
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July 27, 2023, 06:18:18 PM
#23
Well for me I was actually showed the road or should say, I was helped by someone to actually clear my bad taught about bitcoin and ever since I have become interested in also helping people who also feels bad about bitcoin. 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.
hero member
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July 27, 2023, 06:12:41 PM
#22
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.
~Snipped

The reason why a lot of those introductions turned out badly in the end was because of the narrative they were introduced to: "If you buy Bitcoin, you'll be rich in no time" - While this is okay, it gives people the idea that Bitcoin is a get rich scheme and when it's no longer giving, say bear market kicks in, they turn away looking for the next big thing. As much as we make those introductions, we should talk about some of the intrinsic benefits that bitcoin provides. It's fascinating the kind of borderless transactions one could do these days. Very fascinating.
I think you are correct, the manner at which people introduce bitcoin to people it makes them feel if they invest their money in Bitcoin they will make profit so fast. I think if bitcoin is properly explained to people who don't  know about they will hold themselves responsible if at all the market seems difficult for them to have patience.  Those who normally panic when they discovered that the investment is not going the way like they thought had the mindset of just becoming rich in bitcoin and always imagine that the market will always be in favour to their own expectations. Introducing bitcoin to people is a good thing but should be done in a proper way  by giving a better explanation and understanding just as the market is.
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July 27, 2023, 05:35:11 PM
#21
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.
In most cases, I don't think that the main reason, I believe the main reason is the possibility of a physical attack or being a target because Bitcoin market is trending all over the world and physical theft are targetting Bictoincers.


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.
We have people are in this situation but what we need to introduce to people most is the risk of Bitcoin investment not the profit aspect of it because it blind some new investors about the market reality.
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July 27, 2023, 05:17:19 PM
#20
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.

Yes, many people have lost friends and even their own families, but not because they got involved with the idea of Bitcoin. It's often due to their greed and inability to assess risk properly. If they had limited themselves in this game with a optimal bet of 2.625 Bitcoin and advised their friends and acquaintances to do the same, then 98% of them wouldn't have lost their friends and family. Think about it next time you talk to your friends about Bitcoin.
hero member
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July 27, 2023, 05:06:09 PM
#19
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 don't believe anyone is criticizing the introduction of Bitcoin; rather, the only criticism I hear frequently is that people should never persuaded anyone to invest in Bitcoin by merely outlining its benefits without also outlining its drawbacks. I really believe that if you solely educate people about Bitcoin and never attempt to persuade someone to make an investment, nobody will hold you responsible if they do make a mistake.

Almost all of my close friends have been introduced to Bitcoin by me, but after I've taught them the fundamentals of the Bitcoin and its blockchain technology, I advise everyone to conduct their own research before getting involved in the system, especially in the investment portion. Therefore, since I don't make anyone invest against their will, no one will hold me responsible if they lose money investing against their will.
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July 27, 2023, 05:01:14 PM
#18
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.
~Snipped

The reason why a lot of those introductions turned out badly in the end was because of the narrative they were introduced to: "If you buy Bitcoin, you'll be rich in no time" - While this is okay, it gives people the idea that Bitcoin is a get rich scheme and when it's no longer giving, say bear market kicks in, they turn away looking for the next big thing. As much as we make those introductions, we should talk about some of the intrinsic benefits that bitcoin provides. It's fascinating the kind of borderless transactions one could do these days. Very fascinating.
legendary
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July 27, 2023, 05:01:07 PM
#17
It’s not a correct one,because only some of the people are not like to share their involvement in bitcoin and crypto currency.Because in many country the government ban the cryptocurrency and some was making them to pay the taxes of holding crypto currencies.So in order to avoid of paying of taxes most of the people avoid to share their investment into the cryptocurrency.If you are in the country which legalise the cryptocurrency,then exchange itself charge you some TDS on every trade.So you can’t get away from paying the taxes for the investment in crypto currencies.

this really depends on where you are currently residing as each country have their own protocols towards the use of crypto. so yeah, if it is not legal in your country, i don't think it is ok to disclose to public that you're into crypto.
some people are also being discreet as they don't want to attract cyber scammers. for me, it is better not to disclose to social media about your crypto dealings. you will have more peace of mind that no one knows about your business with crypto. but sure, if someone needs help regarding crypto, you can share what you know.
legendary
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July 27, 2023, 04:52:39 PM
#16
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.

I believe there is nothing wrong introducing Bitcoin to people.  Giving them information is something that a person who wanted to share the opportunity to other should do.  But it all goes wrong when the person introducing Bitcoin force these people to invest with Bitcoin.  We all know that we can introduce Bitcoin without the investment thing information.  We can just tell them that the can use Bitcoin to pay for merchandise or transfer funds to other people.  Let them discover the investment part themselves though giving a hint on the potential profit in holding Bitcoin is ok IMO.

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 hope you find the right people in your endeavor.  It is quite hard to find  people interested in BTC due to the fear of being scammed.
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July 27, 2023, 04:46:02 PM
#15
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.

But the fact that bitcoin still bears risk, you can still be blamed if the people whom you've taught about bitcoin ran out of patience and panicked sell during bear market, you would still going to be blamed. So, be always ready for that.
If some people find bitcoin interesting, it doesn't mean they're gonna fully understand how bitcoin works and its historical price run.
I understand if you're really passionate about teaching people about bitcoin, but one thing I suggest, don't force people who doesn't show any interest at first impression, because if you happen to have these kind of people convinced, they're most likely going to lose patience and of course their money as well.
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July 27, 2023, 04:40:08 PM
#14
It’s not a correct one,because only some of the people are not like to share their involvement in bitcoin and crypto currency.Because in many country the government ban the cryptocurrency and some was making them to pay the taxes of holding crypto currencies.So in order to avoid of paying of taxes most of the people avoid to share their investment into the cryptocurrency.If you are in the country which legalise the cryptocurrency,then exchange itself charge you some TDS on every trade.So you can’t get away from paying the taxes for the investment in crypto currencies.
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