Topic: Succeeded in introducing Bitcoin to a friend - page 2. (Read 1367 times)

Last week, an old friend of mine back then in the university in 2013 who later traveled to Canada to further his studies returned back to the country and yesterday, he coincidentally met my mum at a shopping mall and requested for my contact and my mom gave my number to him so he called and called the nickname that we both normally call ourselves back then in the university days I was so shocked to hear that and I called his original name and he answered and told me he is back from Canada and he requested we meet at a bar immediately.

 So with excitement to hear from an old friend after so many years I just immediately took my bath and zoomed to the bar he directed me, so I got there lo and behold my old time friend. We exchanged pleasantries and started discussing about life and I told him how life have been so uneasy but that I got a job in a factory were am paid $60 for about 2 years now and i told him that my colleague at work introduced me to a forum called bitcointalk where i registered on the forum and learnt a lot of things concerning Bitcoin and i also showed him the amount of bitcoins i have stored in my wallet so far and he became curious to know about bitcoin and i explained everything i know about bitcoin and encouraged him to join me in buying and holdling bitcoin that we are awaiting the bull market after the halving so he became so furious and told me that since he knew me that I don't normally give attention to anything online (internet) but for me to hodl such huge amount of Bitcoins that it means am really serious about it so he became interested and ask me how he can buy Bitcoin as well so I told him step by step on how to buy Bitcoin and he bought Bitcoins worth $520 that is about 0.012194 btc so he told me that he wish to acquire 1 btc so I told him not to worry that he will use the DCA method to buy same amount of bitcoins at different interval then with time he will surely acquire the 1 btc.
My question now is that is it wise that I showed him the amount of Bitcoins I have accumulated before he developed interest?

I think its best not to talk about how many Bitcoins you have because life is dangerous and people may have bad intentions. I would only share that information with very close friends. Other than that, I think it's hard to explain bitcoin to people. I generally suggest to use some kind of visual method by setting up real wallet, sending real coins, using an exchange etc. People without financial background may have hard time understanding basics of Bitcoin. I would rather avoid them.

My question now is that is it wise that I showed him the amount of Bitcoins I have accumulated before he developed interest?

Telling people about Bitcoin 8s not a good plan, I have known that many Bitcoiners are a big target, so if you are telling someone about Bitcoin and the forum that shows that you are endangering your self and your assets.

~snip~
My question now is that is it wise that I showed him the amount of Bitcoins I have accumulated before he developed interest?

Telling people about Bitcoin 8s not a good plan, I have known that many Bitcoiners are a big target, so if you are telling someone about Bitcoin and the forum that shows that you are endangering your self and your assets.
Even if you do not have any Bitcoin now and you keep on telling people about Bitcoin and how it has help some people they might also think you have benefited from it, so keeping your crypto life secret from others is a good thing that you should learn.
If in any way your friend wantd to know about Bitcoin and he or she start investing, as you have not tell him about the risk that is involved in crypto currency, the person have not learn anything because all he will be thinking is that after buying Bitcoin the next thing his money will increase which is a pure lie.

.Although the OP's intention is pure, about introducing bitcoin to his colleague and inviting him to invest as it is proven to be profitable by showing his own wallet, but I see downside here, he will give hunger to its colleague hunger in a sense that if that person starts to invest in bitcoin and will have a question in mind "why he can earn something like that, while I cannot?" This will give frustration to that person as he sees the huger profit of his colleague, it could go wrong that's why I also not happy that the OP needs to show his wallet, you could just said that it is profitable or such, you didn't have to show it to him as it could give him a different meaning, now that you've influenced him to bitcoin or crypto then its your responsibility to check on him once in a while.

Maybe it's smart because you no longer share your wallet seed phrase with your friends. It might not be wise if you were to share your wallet password. Like you, we may show our friends how much bitcoin we have accumulated. But anyway if your friend can invest one btc amount in the way you educated your friend about bitcoin and as told then your friend's next life will be very happy and peaceful.

My question now is that is it wise that I showed him the amount of Bitcoins I have accumulated before he developed interest?

My question now is that is it wise that I showed him the amount of Bitcoins I have accumulated before he developed interest?

Showing him your accumulated Bitcoin in your wallet does change his orientation about Bitcoin and  what matter most was your ability to convince him which yielded a positive outcome of course showing him your wallet is a practical example which had demonstrated the aspect that investment in Bitcoin is real and possibly he would also other people his wallet too, you did a good publicity about Bitcoin to your friend consequently another new investor is welcome on  board gradually Bitcoin adoption is growing and I believe when your friend get back to Canada he would also encourage his close associates or family members to invest in Bitcoin

My question now is that is it wise that I showed him the amount of Bitcoins I have accumulated before he developed interest?

Last week, an old friend of mine back then in the university in 2013 who later traveled to Canada to further his studies returned back to the country and yesterday, he coincidentally met my mum at a shopping mall and requested for my contact and my mom gave my number to him so he called and called the nickname that we both normally call ourselves back then in the university days I was so shocked to hear that and I called his original name and he answered and told me he is back from Canada and he requested we meet at a bar immediately.

 So with excitement to hear from an old friend after so many years I just immediately took my bath and zoomed to the bar he directed me, so I got there lo and behold my old time friend. We exchanged pleasantries and started discussing about life and I told him how life have been so uneasy but that I got a job in a factory were am paid $60 for about 2 years now and i told him that my colleague at work introduced me to a forum called bitcointalk where i registered on the forum and learnt a lot of things concerning Bitcoin and i also showed him the amount of bitcoins i have stored in my wallet so far and he became curious to know about bitcoin and i explained everything i know about bitcoin and encouraged him to join me in buying and holdling bitcoin that we are awaiting the bull market after the halving so he became so furious and told me that since he knew me that I don't normally give attention to anything online (internet) but for me to hodl such huge amount of Bitcoins that it means am really serious about it so he became interested and ask me how he can buy Bitcoin as well so I told him step by step on how to buy Bitcoin and he bought Bitcoins worth $520 that is about 0.012194 btc so he told me that he wish to acquire 1 btc so I told him not to worry that he will use the DCA method to buy same amount of bitcoins at different interval then with time he will surely acquire the 1 btc.
My question now is that is it wise that I showed him the amount of Bitcoins I have accumulated before he developed interest?

Everyone can invest in Bitcoin, of course they have to understand the risks of the investment they make and when they understand, of course they have made the decision to invest and of course they have to try it with a little capital so that when they make a mistake in investing they are still able to survive. in the investments they make.
What you say is very true, when someone decides to invest, they must study it thoroughly so that they don't make a mistake in deciding to invest which results in them losing the assets they own.