Topic: presuring someone into Bitcoin investment - page 6. (Read 1220 times)

That's right, what you're saying makes sense, because there shouldn't be any coercion in investing and also don't force someone to follow what you're doing. If they accidentally see you or see the benefits you get and then they are interested then it doesn't matter if you want to give a little lesson on how to start investing and also emphasize more on the various risks that will be able to occur in it because you will not benefit if you don't dare to take risks. Because not everyone is interested in investing, and even if they are interested it might only be because of the benefits, they just want to get the benefits without the various loss processes that we generally experience. So it's true as you say, whatever happens no matter how big your profits are, never pressure or force others to follow you, because everyone is different and also every way and style of trading is different. The risk is that when they experience losses then you are the first person they will come to, remember money is a sensitive thing and can damage your friendship.

It is really better that they are aware of the risk and also ask you relevant questions on it rather than being the first person to approach them to invest in it, because first, the risk of losing their money is also the risk of your friendship with them. If they are true friends, friendships are still there, but mostly in this case, this is where you start getting enemies when the investment fails. No matter what, don't ever pressure or tell someone to invest in Bitcoin without any knowledge or because they are not aware of the risk, just for your own good.

In the end it will still be their decision, it is better that we only recommend rather than going too far like forcing them to invest in bitcoin, even though later the profits will be entirely theirs, but we must also remember that the market is not always friendly and it could be that by the time they buy bitcoin, the price of bitcoin has decreased very deeply.
We can recommend them and after that let them learn, if they ask us to teach them then it is a good thing, because we can tell them directly what should and should not be done when they invest in bitcoin.

I actually don't really like to show what I have gotten from bitcoin investment, I prefer when they ask first, because when they ask it indicates that they are starting to be interested in bitcoin.

If you prove to them that their is a big profit to make from bitcoin it can lead them to be just too desperate to make money from Bitcoin,  and if they get into investing bitcoin with no knowledge but only with mindset to make money and the investment ends up wrong you will still be blamed for it. While giving evidence of good profit in bitcoin to beginners it is important to make them to know having understanding in Bitcoin is as important too as making profit from investment. Understanding leads to getting profit but if one is just moved to invest to become rich it will really end bad.

After giving people prove how profitable investing in bitcoin is, it is necessary to let them know not to rush into it but to make research on getting understanding about to be successful in gaining profit.

It is too risky trying to "preach" anyone to invest in bitcoin. Investing in bitcoin is more than just buying $500 worth of it. It requires research. Even if your intention in preaching to people about buying bitcoin is to hold for a long term, they need to know how to how safety and all things that every bitcoin holder should know.

Holding bitcoin is not a bed of roses. Do not give them the intention that once they buy bitcoin they are made for life. Or that is all there is to it. We are under no obligation to preach bitcoin to anyone. However, if you see some curious soul, tell them about it and allow them go on to do their own research.

I can remember some years ago, I talked to my mother about Bitcoin and investing on it. that was two years ago. she should use any amount she could use as a trial, but she rejected the idea of investing on Bitcoin. she thought I'was going to defraud her.because she never hard about Bitcoin investment before. because of that, she was afraid and rejected the idea because of the pressure I was giving to her to invest on Bitcoin. before then, I have told her the benefits of investing on Bitcoin, but she rejected everything. afterwards I never bring up the discussion again to her.

some months ago my mother called me that she now have interest on investing on Bitcoin with some amount of money, I ask her what happened!  I thought she rejected the idea when I introduce it to her some years ago, and it have been long we talked about it. she said to me, I have make some research and ask questions about Bitcoin after all my mother invested huge amount of money $5k on Bitcoin which she's benefiting from it today.

there was a lesson I lean from here. when you are preaching to someone about Bitcoin, you shouldn't talk too much, and you shouldn't stay long and you should also allow them make some research and ask questions about what we are preaching to them, to avoid loss at the end.

I don't know, how you see it.

You need to prove to them you made a big profit after you invested in BTC. That's what is going to convince them to invest. The skeptical mind always needs something of proof to believe in. Apparently, all people are skeptical when it comes to buying something they don't understand.  

More than that, convince yourself that you're a clean or trustworthy person, not someone who has had financial problems. I'm not really curious about the quality of your relationship with your family, but it sounds kinda funny when a mother suspects her own son is trying to defraud her.

I totally agree with you. It's really hard to believe someone when they are rushing to make you invest because I think he didn't research it very well and just only being controlled by his emotions. When we have something to tell a person, it's better to think well what to say so that the chance of believing you will increase. You know that there's a lot of scammers in the world and maybe the person you wanted to invest was once a victim of it. So we can't blame anyone if they don't invest, because they can decide by themselves.

there was a lesson I lean from here. when you are preaching to someone about Bitcoin, you shouldn't talk too much, and you shouldn't stay long and you should also allow them make some research and ask questions about what we are preaching to them, to avoid loss at the end.

I don't know, how you see it.

We all know that bitcoin is good but people who are not well experienced about bitcoin don't want to understand even if we teach them. Since you told your mother about Bitcoin years ago and expressed interest in investing but your mother rejected them. But since your mother spent a long time doing research, she may have used that time and called you later to be interested in investing. However, we have seen many people who initially spoke negatively about Bitcoin and later became interested in full-fledged investment after doing research. But nowadays most of the people are most interested in investing, you will see people in present age if they are told about bitcoin they easily understand it and invest. But I think it's better not to force people if they don't agree to invest after telling them enough about Bitcoin. Although initially rejected when they were taught about Bitcoin, it was later seen that after thorough research, they again thought positively about Bitcoin and expressed interest in investing.

she thought I'was going to defraud her.
....

there was a lesson I lean from here. when you are preaching to someone about Bitcoin, you shouldn't talk too much, and you shouldn't stay long and you should also allow them make some research and ask questions about what we are preaching to them, to avoid loss at the end.

I don't know, how you see it.

Yes, not only one detail you pointed out but many details it is really questionable as I said. Hopefully next time OP will have more good and interesting stories for us.

But in addition to we should not force others to invest in bitcoin, I also want young people to work and accumulate to invest for themselves instead of giving investment advice to others even if it is their parents. I think that a worker or a person with a low income should not give advice to the boss or people with a higher income than himself. They will never respect and pay attention to what we say. If we want to give advice that impresses them, the only way is to show proof that we are getting better at investing in bitcoin. That's how I'm doing with people I'd recommend bitcoin to.

she thought I'was going to defraud her.because she never hard about Bitcoin investment before.

there was a lesson I lean from here. when you are preaching to someone about Bitcoin, you shouldn't talk too much, and you shouldn't stay long and you should also allow them make some research and ask questions about what we are preaching to them, to avoid loss at the end.

I don't know, how you see it.

If that is the case he shouldn't post as something that is original rather op should make this post looks more like an advice to people by then we count it as an advice instead cooking it up to form a (superstitious) stories.
I know it's very hard for some to come up with a good story but in the case of op is different considering fact that he said the mom are still enjoying the benefits till date, do you look into that aspect?
I think those people who bought at then are still facing lose and they are praying for the market to come back the previous price in order for them to get back their lost funds (capital).