Topic: is this the right time to explain about bitcoin to others..? - page 2. (Read 22830 times)
I think that other people always need to talk about bitcoins and constantly involve them in all this
now the market value is dull and the price of bitcoin is also low and is at loss ...so iam asking that if i explain now about the bitcoin they may think as a scam...
Bitcoin is volatile so there is nothing to worry about the price is down because it is not always in that situation. There is no reason not to share information about bitcoin on others. You are the one who is the evident of bitcoin not a scam because you are benefitted from it and earn from it. Explain how it really works and how they could gain from it.
now the market value is dull and the price of bitcoin is also low and is at loss ...so iam asking that if i explain now about the bitcoin they may think as a scam...
Bitcoin is volatile so there is nothing to worry about the price is down because it is not always in that situation. There is no reason not to share information about bitcoin on others. You are the one who is the evident of bitcoin not a scam because you are benefitted from it and earn from it. Explain how it really works and how they could gain from it. 
Anytime is the right time to explain it to other people. but be sure to explain the real thing and not just bitcoin but cryptocurrency together with the blockchain.
How it will work and gain, if you will explain bitcoin alone it will not be good.
How it will work and gain, if you will explain bitcoin alone it will not be good.
it is very difficult to explain bitcoin to other people or lay people who do not know bitcoin because in my country bitcoin has not been fully recognized by the government as the applicable currency so it is very difficult to explain
If you correctly explain about Bitcoin, then hardly anyone would consider it a scam. First of all, in my experience, it is difficult for people to understand how something intangible ("what??! digital money??! wtf??!") can bring real money. That is what needs to be properly explained.
Next, acquaint with the history of the creation of Bitcoin and tell about the reasons for its appearance, about what problems it can solve. It is necessary to show how much people benefit from the fact that they pay something in Bitcoins, rather than using traditional bank transfers.
And only after the person realizes all this and understands, it makes sense to talk about the cost of Bitcoin and that its price can vary greatly. I think if you, as a person who wants to tell people around him about Bitcoin, really believe in Bitcoin and in his future, then you will find the right words to convey your faith to the people to whom you are telling about it. Good luck!
Next, acquaint with the history of the creation of Bitcoin and tell about the reasons for its appearance, about what problems it can solve. It is necessary to show how much people benefit from the fact that they pay something in Bitcoins, rather than using traditional bank transfers.
And only after the person realizes all this and understands, it makes sense to talk about the cost of Bitcoin and that its price can vary greatly. I think if you, as a person who wants to tell people around him about Bitcoin, really believe in Bitcoin and in his future, then you will find the right words to convey your faith to the people to whom you are telling about it. Good luck!
Well, you got a point here but on the other hand if they understand the basic things about cryptocurrency or bitcoin, they might also take it as an advantage cuz prices are very low nowadays. I believe that every moment is a right time to explain bitcoin to others. In the end its their own decision to believe in crypto or not..
Yes, it's the right time, here in my country; it was really hard for some people to accept bitcoin as currency when it was newly introduced, because of their different opinion, many are not interested because it is not paper note their are used to, while some sets of people believed ,it's only made for those that do trade with foreign companies, but as time goes on, few started to give it a try,
Despite the popularity of bitcoin in the developed countries, there are still some country and individuals who are still left behind, and I believed it is the right time to let them know more about bitcoin.
Despite the popularity of bitcoin in the developed countries, there are still some country and individuals who are still left behind, and I believed it is the right time to let them know more about bitcoin.
Since prices are very low when compared with previous prices of coins and these prices make people consider to invest in cryptocurrency market. People might be skeptical about investing such an asset that its price is volatile but it also give a chance to go in the market relatively available prices.
now the market value is dull and the price of bitcoin is also low and is at loss ...so iam asking that if i explain now about the bitcoin they may think as a scam...
I think you are hinting at a drop in the BTC
I see that this may be an opportunity to buy
if your friends believe in the BTC
Do not forget that BTC is not only a price but
a unique technique and has great benefits for the whole world.
In this case, you should show the previous achievements of bitcoin and its price charts. To convince a person to buy bitcoin, it is necessary to tell him about the advantages of bitcoin, as well as explain why it is profitable to buy it now. And also to tell about it perspective in the future.
now the market value is dull and the price of bitcoin is also low and is at loss ...so iam asking that if i explain now about the bitcoin they may think as a scam...
I guess there's no perfect time to tell a friend or people about cryptocurrencies, it can be done at any time, but make sure you give them the proper orientation not to fall victim of scam also don't only tell them about crypto let them know the idea that backed crypto which is blockchain technology the risk involved and how to safe their crypto asset in a proper way. now the market value is dull and the price of bitcoin is also low and is at loss ...so iam asking that if i explain now about the bitcoin they may think as a scam...
Find people who are interested to learn about the whole blockchain technology. I always explaining the cryptocurrency market to the other people who seems interested to it. I am sure that they will also enter to the market if they fully understand the information about the cryptocurrency market.
There is no other time better to explain bitcoin to others than this moment. Many people entered the crypto world when things were rosy and market was booming. Lost in the excitement, many tutors forgot to explain to their students that experience like this (bear market) are bound to happen. Many hands has been burnt already. This is a better moment to make people understand the dynamic of crypto market and give them the opportunity to accumulate now.
Ha ha ha. . why do you explain to everyone about Bitcoin ? I think you don't need to do it.
Yeah, With the passage of time and technological developments about Bitcoin, then many people will begin to know about Bitcoin and that is without you explaining. And in the end everyone will understand bitcoin.
Yeah, With the passage of time and technological developments about Bitcoin, then many people will begin to know about Bitcoin and that is without you explaining. And in the end everyone will understand bitcoin.
I think the teaching of Bitcoin to others will be more useful and very important thing that to be improve the value of the Bitcoin at this situation otherwise the people will not trust the Bitcoin to be more valuable the only way available love is this only so we can do more and more how much we can do that.
Ha ha ha. . why do you explain to everyone about Bitcoin ? I think you don't need to do it.
Yeah, With the passage of time and technological developments about Bitcoin, then many people will begin to know about Bitcoin and that is without you explaining. And in the end everyone will understand bitcoin.
Yeah, With the passage of time and technological developments about Bitcoin, then many people will begin to know about Bitcoin and that is without you explaining. And in the end everyone will understand bitcoin.
What does the price have to do with explaining people what bitcoin is? The price does not matter. Just explain them what bitcoin and crypto currencies are. Let them learn the importance and its advantages. Don't drill their mind with the fact the people use it as a store of value. Instead make them use it as a form of currency to do daily transactions rather than just investing on it and cashing out for fiat.
It seems to be very difficult to explain about bitcoin to others where the price of bitcoin is currently falling and many bitcoin holders panic and despair because the decline in bitcoin prices from time to time is getting sharper, so that bitcoin holders are anxious about the risk of losses they might receive . How can we explain to others about bitcoin when many people start losing trust in bitcoin and some of them start leaving bitcoin. For that I think now is not the right time to explain bitcoin to others.
It is precisely the right time to explain bitcoin, because prices are down and try to direct them to the price comparison of bitcoin when it reaches $ 20,000, of course people will think that this is the best time to buy bitcoin and then we are just waiting for the price increase can get profits through bitcoin.
It definitely is a good time to introduce bitcoin to others. The price now is low so they will expect less and be interested more in the tech behind it. Although some people are not interested in the tech, they can still find value in it since bitcoin is deflationary currency.
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