Topic: Tell people about bitcoin but don't force them to invest - page 3. (Read 506 times)

How can one even force another to buy Bitcoin, there is quite a lot of risks inherent in the network that if you do something like that, chances are very high sooner or later you'll be blamed by your 'newly converted' investors when there is a correction/dip/plunge or generally anything that causes them to worry about their funds.

Having said that, research is integral in the Bitcoin network, thus whenever you want to talk to someone about Bitcoin, the best you can do is to provide such individual with materials of different sorts: Books, videos, links etc, for them to go and read about Bitcoin and then make their own personal decision, if they come back to you in the affirmation, then you can go ahead and assist them in Buying their first Bitcoin, pointing out to them which wallet to use or not to use, etc, but the most important point remains that their decision on the network must stem from doing their own personal research, not you trying so hard to convince them. Just as satoshi said:

Telling them about Bitcoin and educating them about it are different.

Education is key to change people mind, approach and investment decisions. It is not easy if your targeted people are old enough because they are less adaptive to new technology and Bitcoin, blockchain are likely unable to be digested for elderly.

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Rockstarguy, you're absolutely right.
I have been making money online for many years and many times I have been inspired by some projects like mlm or revshare, that I have often invited my friends to get involved and make some money.
It would often end badly and my friends would accuse me and hold me responsible for losing their money.
So at the beginning I don't mention crypto to anyone, but only if someone asks me what I do or directly asks for advice on where to invest money.
At the same time, I always warn them that crypto is risky and that they first investigate everything well and don't invest money that they can't afford to lose.

These days, as a result of the numerous Ponzi schemes that have been orchestrated in the past, people always get suspicious whenever you seem to add a little pressure to try to convince them to involve themselves in anything online or digital that involves money. I won't blame them.

Sometimes there's no need to tell until you are asked, the evidence should show in your finances and your general standard of living so much that someone who is close will develop an interest in what you do, and will like to know if they can get involved. Telling someone then that you invest in bitcoins and they can get involved too, explaining to them that it is no get rich quick scheme but a certain way to achieve financial freedom with proper strategy, is sure to get them to invest or want to invest in bitcoins without pressure, you have aroused their interest.

Yes I concur with you on this, when introducing anything especially anything that has to do with money investment like Bitcoin to anyone we should do well to emphasize more on  the difficult part of it more than the juicy part of it.

 We shouldn't Force anyone to invest, it's better for that person to indicate interest by his or her self, this shows that the person or that individual understand the basic concept of the investment especially the risk aspect.

Yeah, I agree with that. Let people know about it but don't shove it in their face. Let them realize that they want to learn about it and then teach them how to buy it. You don't want people to be like, "Okay, I got a bitcoin, so what now?" That's what they should figure out for themselves.

Teach them how to buy it for the first time. I think that's really important. But, don't get too intense in your information and just give them an overview. They should be able to come to their own conclusions.

Thats a reasonable thing to do particularly with people you know well and obviously
with family members. The trick is to be able to explain what Bitcoin is in an easy
to understand manner and of course what Bitcoin can offer in this current economic
climate where inflation is increasing globally.

We all know that Bitcoin is generally a long game or long term investment however
many ordinary working class people are unable to consider the benefits of Bitcoin
coupled with a long term investment. They would be more inclined to bank on the
traditional FIAT structures of Mortgages and pensions.

All we can do is spread the word and let those people investigate further if they
want to do so.

Bitcoin is good and has transformed many people financially who believe in it. Those who are benefiting from bitcoin can't hide the goodness of bitcoin to themselves,  people need to know the truth that the traditional currency (fiat) can't  add any value especially when money is been saved in the bank for a long time.
One important thing we mostly don't do whenever we preach bitcoin to our friends , we fail to make them understand the tough part of bitcoin  when it goes dip which results to the loss of some bitcoin at the moment.

We forget to tell them investing in bitcoin also need patience to wait for the market to rise during the dip, all they think about is if they should start investing things will go smoothly and it' will be all about more  gains.
It is better to tell friends and family about bitcoin properly to know the good side and bad side of bitcoin,  so  that if they pick interest to invest in bitcoin and eventually meet the tough side of bitcoin their wont be anyone to put the blame on.

It will be nice to tell people about bitcoin,  but not to force/pressure them to invest , because if investing goes wrong sometimes it is funny to see the reactions of people when money is loss, the loss of money is a case that has ended many good friendship and misunderstanding between family members.