Topic: Let them make the choice of bitcoin - page 2. (Read 401 times)

Bitcoin is too risky, so it's not really wise to give investment advice to anyone. I don't want to be blamed or called a scammer, so I never tell anyone to invest in bitcoin. I never wanted to talk about bitcoin investing with anyone, even my younger brother. Because he is not ready to accept losses.

Revealing to the people about the existence of bitcoin is good thing, when it comes to investment it is their choice. At any point we should not suggest them to invest, let them analyse, learn, understand and based on what they've understood it is their choice to invest or leave. As stated, we just suggest for their good, but everyone won't take it with a positive mind. Investing for the first time always have fear and the same could end up losing as the market is volatile. This could lead to problem in relationship, whats the need for it when we have thought of doing good for them. To avoid such situation it is wise to stay calm and watch.

I have too many experiences about that situation and I have never forced those people that I've talked to about bitcoin. I've told them if they want to invest, it will be a bumpy ride for them as profit isn't guaranteed overnight. There's a long process and ups and downs to the market and they have to look how the chart of bitcoin looks. And that has given them the idea if they still want to pursue and they shouldn't just look at someone's success through bitcoin investing but also look on how tough the road those people have taken before reaching the peak of the success and selling it at the top. From then, I have stopped talking to those that only wants the obvious profit without wanting to take the risk and upside down journey of investing because it's not only for bitcoin but also for other types of investments.

For me it's not that good to keep convincing people that are not yet ready to invest in Bitcoin. If you keep telling people to invest in Bitcoin and they decided to invest and at the end they make loses because they where nit able to understand how the Bitcoin market works. I think the best ideology for inviting people to invest in Bitcoin is to teach them on how to buy and how Bitcoin works. This will sharpen there mindset for whenever they are ready to invest in Bitcoin. This is the best way to go about that.

getting into this market should be a choice of the user himself, and should not be in anyway due to some friends who are pushing into this market. this will end up bad if things don't go with their expectations. better if the person is willing to learn about this market and not because he owed somebody or of that sort.
just mind your own business and if some are looking for assistance, then, help them. but if not, don't shove it on their face because you're just getting yourself into trouble.

We do understand that some people want to share the idea that investing to this industry has an advantage in the future simply because the market price is increasing over years but it is not as simple as that. There are risks involved and inviting them is also exposing them into that chance of them, losing money. Sharing is different from persuading and encouraging someone. I myself have experienced convincing a friend before but we ended up not talking to each other because she simply blamed me when she panicked on the decline with prices way back 2018. I did mention about partial or temporary and permanent loss such as selling would also cut the chance to earn profit and best thing is to just hold. But I understood her point eventually that not all people could endure seeing their loss. If you are determined to share the idea of this technology, make sure to fill them first with all necessary informations and also, check if they can really manage the risks of investing in this technology.

It's a very bad habits wanting to convince someone to venture into what they aren't prepared for all in the name of spreading the max adoption of bitcoin, actually I was touched when I witnessed all that happened between the two friends who tried convincing other to invest thinking he would made fortune out of it without knowing bitcoin price doesn't goes as one think of even planned.

No one is saying that sharing bitcoins with others is wrong, but the problem here is that some people don't want to share it with others because not only are they not thanked, but they are also called scammers for sharing about bitcoin. When you give others a chance, but they see you as a scammer, laugh at you. Will you continue? I won't do it a second time.

I just agree that providing knowledge about bitcoin is the right thing to do if someone wants to learn about bitcoin. But never give someone financial advice if you don't want to be blamed.

In my opinion, convincing people to invest in bitcoin is not very good, because we can be blamed when they experience losses investing in bitcoin,

because the first one is that we have to teach a lesson about bitcoin, and the risks of investing in bitcoin, to someone if we want to invite them, but with one condition, namely don't convince people to invest in bitcoin. and let him choose his own path.

It is absolutely wrong to convince someone to invest in bitcoin. Such obsessive actions will only alienate people who are interested in it.

I admit the option when you can tell others about btc. From the point of view of technology, opportunity and future prospects. That is, it is more of an educational activity, rather than agitation. Everyone must decide for himself whether to buy or not to buy bitcoin. Without extraneous pushing.

lots of people are interested in investing in bitcoin but it's very unfortunate because most people always only see the positive side, and don't see the negative side.

and indeed investing in bitcoin must have a will of oneself
and there is no element of coercion. and have to use idle money to invest in bitcoin.
so that in investing our feel comfortable even though the price has fallen.

we will not be able to force someone to invest in bitcoin, because investing in bitcoin is very risky.
so the point in this case is that when we invite someone, don't just tell them what's sweet, tell them what's bitter too.

There is a thick line between convincing and forcing them to invest.  This two action is not similar. Convincing them is "to make them believe that something is true" while forcing them is coercing them.  There is a huge difference from convincing and forcing since forcing use power which what coercing is about.  So it is not right to say that convincing them is to force them to invest even without interest.  Convincing is like to make them have interest.

Convincing people to invest in bitcoin means to force them to invest without having any interest to invest. Instead of convincing people to invest in bitcoin,  it is better to teach them bitcoin and the reason why bitcoin is important in this modern aga. In making people to have understand bitcoin it will make them to develop interest in learning bitcoin more and if they eventually take decision to invest they will not hold anyone responsible for their lost like when they are forced to invest.

Isn't giving them the reason and benefits of buying and holding bitcoin convincing?  I do not think it is wrong to convince people of investing into Bitcoin.  We just need to make sure that despite of all the positive talks and vibes we give, we let them know the risk and possibilities of failure of the said investment.  Taking responsibility of fully informing the person we wanted to influence into investing in Bitcoin is a must because no one is to be blamed if the person invested because of our influence suffers losses but us.

So if we want to convince someone, make sure they are fully informed of all the consequences and ask them if they are willing to take those risks after knowing them.

We don't need to force anyone to learn about Bitcoin because if they do not have enough understanding about the market and they eventually make loses by buying high and selling low then that means they are going to blame us for there loses because they made the mistakes because of there impatient to sell and have there fund. If the market is fluctuating many newbies investors may find a tiny opportunity for them to sell because they are scared and do not know what the market could do in the next move.

Convince people? Not I do that unless they show some interest in the crypto world and curiosity about Bitcoin.
If someone approaches me asking about this, I should not answer whether it was a good investment or not but rather educate them and give them an idea of what will happen. Because willingness and courage will just come out when they fully understand Bitcoin but until they still living in the doubt, changing of minds may occur. And I like to see people investing that carry positivity in their minds, not worries.

I agree, of course there are methods like you could explain it in a way that you do not even want to explain it, like make it look like they are the ones who wanted to learn about it in the first place, which is a conversational trick and I have done it before in other topics, but even that's not really a big deal and wouldn't help.

People must ask you these questions in order to have a natural affection towards it, because if they are the ones who come to you and ask these questions then you know what you are doing and you should be fine, and they will be happy to learn more about it, but if that's not the case, and if they are hearing it without wanting to learn more about it, that's bad.

I don't think you really gets the op point, from his post here op is trying to advise people over here not to convince anyone to invest in bitcoin due to what he or she witnessed. From the post here I sense that is what op is trying to say, he didn't practically wanting to convince anyone to invest rather want to expressed what he saw around him that made him ran to this forum to also share to people not to convince anyone to invest in bitcoin.

I think it is a personal choice mate. Convincing someone is more like trying to change the person's perspective and mindset towards something which the person has not really put his or mind in. Sometimes such act can lead to regrets in the nearest future depending on the motive by which it was done. Come to talk of bitcoin, many people are still skeptical about it's origin and are mindful about it as bitcoin can not be traced to a source of origination  and also, the  volatility of the market  scares them away. All these factors put together might likely piss off some one who has no knowledge about bitcoin.

Convincing someone who has no knowledge about bitcoin can be very frustrating and tasking because you would need to making sure the person understands which requires your extra effort but if  the person show's a sign of interest then teaching that person would be no problem because already the interest of that person already aroused to listening to you. That would be very easier to handle.

 Let me use myself as a case study. I was with my friends  some time past and we were discussing about technology and innovation. We talked about finance evolving into technology and I thought of it as an avenue to talk about bitcoin and as I made mention of bitcoin, all eyes were on me listening and after I finished discussing already they had picked interest and started asking me questions I had to put them through and right there we entered a practical session for which I explained everything to them. I was open to them putting them through.
After everything they thanked me and was very happy for the insight they had gotten about bitcoin and in total, they were 15 including myself. I was happy I used the right opportunity which availed itself to do the needful as I am making this post, they are all fully holding bitcoin and are still acquiring more. As you can see, I did not convinced them but it was their state of mind at that very moment and the nature of our conversation that resulted to it.