Topic: People around us and investing. - page 2. (Read 668 times)

Of course I'd be glad if they will also invest in Bitcoin like me, as that can make me earn more . It is not that I'm greedy but they can also earn with this. BTC only look like a pyramid scheme, MLM, Ponzi, etc... as some says but it is not a scam as most pyramid schemes and others out there. On to your last question, of course I will feel bad because they did not obey my commands, worse is they will invest on the real scams but if they end up investing on other legit assets and I can see that they are doing well, I think I will only feel relieved. I might get encouraged in fact of doing the same as them. This is still a good addition to my BTC profits.

It is noteworthy to mention that is not everyone of us here that is good at bitcoin investment even when some members have a big rank here, doesn't mean everyone must be good at bitcoin investment. That's one. Secondly, it's good to equally highlight that those who ain't good at the bitcoin investment might not be at a good position to advice others or provide solutions to others regardless of the type of investments or the level of tolerance.

Knowledge and understanding is another factor to consider, the kind of knowledge I'm talking about is the practical knowledge on how to do these investments and make a profit out of it. The understanding aspect is also crucial for anyone who's interested in learning how to invest in Bitcoin. Without adequate understanding, one might jump into wrong investment plans and strategy which will end up wrecking one's investment.


Smile. I don't think you're in competition with anyone out there, the bitcoin investment is a huge industry that can accommodate everyone out there and saying that you don't want to share because it gives you advantage, even though you have the right to do so, doesn't show any generosity in your crypto practices.

I think if Satoshi wasn't generous from beginning we won't be benefiting immensely from his decentralized technology today. Like I mentioned earlier, despite that we have the right to hold or release information we have learnt, being a bit more generous in your thoughts, makes the crypto world a lot more better to harness.

when talking about investing i would refrain myself from pursuing people to invest into certain thing because if things goes south they'd blame us .
I just give them understanding that maybe it's good to invest and go against the inflation but which investment they choose depends on them, stock or bitcoin, both of them completely fine I have no problem.
if they're used to investing in low risk investment they'd seek for more annual return and will eventually try to invest in bitcoin anyway, that's when you tell em to learn the basic first.

This is exactly the reason why I don't like convincing someone to invest in bitcoin because they can go with it the wrong way, you know most people can not be patient enough to do the holding you know bitcoin investment requires a lot of time and patient before one can still profit from it. Moreover  not everyone that can be patient enough to hold on to their bitcoin for long term investment more especially those who are still new in this crypto space instead they will choose to invest in coin that can profit them within a short period of time this is why sometimes they end up investing in the wrong one, as a result of wanting to get quick profit.

I don't want to convince people around me who are new to the crypto industry to invest in Bitcoin, that would be like wrapping a rope around my own neck. Regarding other investments, I can only provide solutions depending on the type of investment and the level of risk tolerance.
Pushing someone to jump straight into Bitcoin investment without having basic knowledge will leave moral responsibility if the investment does not go according to plan and other things happen, but if he comes to learn, I will teach him.

I don't have any goals when tells about investing in Bitcoin or invest in other things to others because every people will have their right to decide. We only introduce something that we know and leave them to learn with some guidance from us and let them decide later. If they can accept our information and open their minds that Bitcoin can give benefits to them, that will be good but if they can not accept, that will not be a problem for me.

I don't have to feel anything after try convincing people to consider investing in Bitcoin. We don't have to feels sad if they don't wants to invest in Bitcoin because that is their choice.

If I personally have to try to introduce and convince people or close friends directly to invest in Bitcoin, I will not do it. However, if they themselves want it and want to know more about Bitcoin, I will try to explain the basics and all the knowledge I have to them.

And my experience so far is like that and I have made some of them involved in Bitcoin, both old and new. Because I think they can be like me or more, and besides that they also see drastic changes in terms of finance and they see the difference in me before I knew and got involved with Bitcoin and that is evidence that will motivate them after they get everything they want, I mean basic knowledge and the potential of Bitcoin if they do it for the long term and also do the DCA method and besides that I also believe in them because those who want to know more about Bitcoin have good knowledge and development that I think they can do themselves well after getting involved, and besides that I will also look at the person more deeply whether they have the ability and also a good understanding and digest it quickly so that there is no misunderstanding and also blaming each other. And until now they are fine and there are no complaints and in fact they really enjoy the movement of Bitcoin and we continue to communicate with each other and also provide good advice and motivation, even they look more proficient than me because if I tell them because they want to know. And the most important thing is, can directly or tell them or others if to the right person I think everything will be fine.

And I am happy to be able to do this well maybe over time there will continue to be people who want to get involved or invest in Bitcoin and all of that is because of their initiative and also seeing the development of Bitcoin.

Actually, investing is a personal matter. Now if I convince someone to invest in Bitcoin, if he is not willing to invest in Bitcoin, if he invests in something else, then I will not regret it because it is his personal matter, he has made his personal decision to invest. Also, since Bitcoin investment is a risky investment, it would not be right to give strict advice to anyone in this regard. Now if someone invests on my advice and after investing, if he suffers a loss, he will blame me as long as he remains in loss. It is better to remain silent all the time than to take the blame of others.

It is difficult to convince people about investment and by explaining it certainly requires patience for them to explain it, maybe because they have never felt the luck that comes from the investment and makes them hesitate to follow your advice, because it takes time for them to understand it, even though the importance of investment for the future will be more beneficial.

Whose bank statement, not mine so probably not my concern, the best i can is give out opinions, it should not matter if they decide to follow or not. It is good to see people especially friends and family invest in something like Bitcoin that has good returns but you don't try to convince them, what if that Altcoin they sorted to buy later on went on a long bull run, what do you think will be the complain, no need being a hindrance.

Bitcoin is not only the profitable digital investment, we should learn how to let people take full control over their action's, no need being the all knowing let them have the free will and face what stands as the consequences, moreover it is difficult getting a good Altcoin without a good experience of the crypto market.

Someone else decision is not my personal problem and funny enough I don’t care how and when rather i wish everyone success in terms of their investment choice. It’s not a must they choose bitcoin only seeing other fast growing investment why not encourage them besides bitcoin is not a get rich quick investment choice so in this situation after investing they might blame you meanwhile you’re just trying to educate and spread bitcoin awareness. Getting angry because someone didn’t invest after telling them about bitcoin is childish IMO, I guess they never liked the investment choice so it’s normal.

If you have ever been blamed for an investment that went wrong, you will understand why people should be allowed to choose how and where they want to invest. Your part is to introduce them to Bitcoin and they should be allowed to decide if they want to invest or not.

I will not derive any benefit if they invest in Bitcoin, so there are no hard feelings if they decide not to put in money. After all, there are other profitable assets or businesses which can also yield good interest. I read an article last year that said that cocoa yielded more profit than Bitcoin in 2024.

The goal is to get everyone investing in at least one thing this new year. Now, it is highly recommendable that you talk to someone about Bitcoin, show them how to invest, but also recognize that not everyone likes, digital investment, especially Bitcoin, that they are still trying to understand the ecosystem, as well as long-form kind of investment like holding, and not everyone likes investment that the market is so volatile the crypto space.

Some people like physical assets, as they are investing, they are seeing the money, they can calculate it, and they want to hear stories of deepen and rising, and all of that. So, you do your part by educating them, and then you let them make their choice.

The goal is not to force everyone around you to be a Bitcoin investor, but to actually pass the knowledge of investment to them, and they make their choice on which to invest on, crypto fine, not crypto, that's also fine.

You are right but we are in the support of BTC because we are learner , investors and promotors also and we will talk in the favour of BTC . We know that BTC could make you rich very fast but property is also good investment and if you choose commercial Market then you will be successful because their rates will be high in the future and your chances to become millionaire are very high . Always keep knowledge of anything in which you are investment because there are many types of investments and we could earn high profit if we are getting knowledge about that .I like property but don't buy the plots because it could be harmful for you but you could buy prepared house and then you can sell it and then you can invest money in another asset .

First of all, it's not smart to convince people to invest in something or which service to use... it's nice to share your experience, and opinion, and maybe give some well-intentioned advice, but you don't need to convince anyone. If you do that, it can backfire on you, if things go wrong, you will be blamed for everything.

I told a lot of people about Bitcoin when it was under $200...they laughed at me, and told me I was crazy. Everyone decided to go the other way, and where is Bitcoin today? So I don't really care that they decided that way, that's their business, but time has shown who was right all along.

I will only feel bad if they used my money to invest in another thing but if they invested with their own money then fine because you can only talk to someone about investment you wouldn't force anyone to invest in bitcoin. Bitcoin investment should be a thing of choice not force that's why I only have a little discussion with friends but until they make up their mind to invest I will never push it less they sing around with my name when they don't get what they expect.

Its a easy answer, the thing is you dont really want to encourage s someone to invest in Bitcoin or cryptocurrency, you just want to know the thing actually exist or probably just tell them what is Bitcoin or what is cryptocurrency, but not to the point that yourl ar encouraging them to invest in Bitcoin, because it is already involving money, if it involves money it go easy go on a different route.

If they are the one that is telling you that they wantd to invest on Bitcoin that can be a thing,  You just want that they are going to be the one that is going to do the investing they should be willing to do the research, putting the time to learn how to, and learning.

Like you, I am willing to share my investment with my mother and wife as a precaution in case something unexpected happens to me. But I never encourage or give any advice about crypto investing to my mother and wife because I don't want them to face risks. My mom once suggested using her savings to invest in bitcoin but I flatly refused and advised her never to think about it. I don't want to put her in danger and it's not worth the risk.

Although bitcoin is growing stronger and achieving significant achievements but we should not deny that. Bitcoin in particular and cryptocurrencies in general still have many unpredictable risks, so giving advice to others is not a wise idea.

Im also the same on which even into the time that i had been married then there's really always that fund on which i do keep for myself but of course that bigger part will be put up or will really be applied into my family when it comes to needs and other important thing but i do always have something that left for myself on which it is really that intended amount for myself on which i could buy myself whenever i want without compromising those funds on which are intended for my family. We would be that all lying that there are times that we do want to buy something but since we do have that responsibility then we will be prioritizing them but if it turned out that you are on having extra money then its not bad to buy up something for you self and this is i do consider out to be important too because if you do give it all and there's nothing left on you then that will be that a huge problem if things get messy specially on relationship issues since you havent left yourself something.

Im not saying that relationship would come into worst situation but we do know that there's no guarantee that everything will really be that so smooth on which you wont be experiencing any problems or issues. The main problem on here is that when you do give out everything and if huge problems do arise then this is where things becomes shit because you dont have money anymore and recovery will really be that so hard. Just like you on where i dont really that mind too much about on how someone will be making use of their own money even into my wife.

Call me selfish but I like myself to be the one reaping most of the profits and hence I make sure I am investing in the proper places. If someone wants to know from me, I will share some knowledge but knowledge is power and hence retaining it gives you advantage. Since most people are not financially knowledgeable, this ability to be able to invest and make money from it clearly defines a different class.

Again if I try to disseminate the knowledge I have found mental resistance from the ones I approach, because they have some pre concepted ideas and it is not my job to explain it to them.