I won't preach anyone to this technology because they can cast me blames if anything goes wrong. I Have heard of stories about a friend who introduced his college friends to make investment and later lost it to scammers, the friends Sue him for damages. I will allow friends and college get to understand the technology to get involve. Basically we have a good technology that needs little advertisement, Bitcoin will advertise itself to the masses.
It is too much of a risk to try to get people to invest in bitcoin on your advice, let them discover bitcoin on their own otherwise something like that could happen, even if the friend is obviously not guilty people are going to blame whoever they can for their losses and since scammers have done everything to hide from view then it is obvious the guilt is going to be placed at the friend that recommended investing in this new market, so do not risk it even if you think this market is the best in the world because the consequences are simply not worth it. 
Topic: Time to call the people into crypto - page 12. (Read 5974 times)
We predict that there are about 100 million people that have any experience with cryptocurrencies, but they are not active, most of them bought in 2017 and lost a lot of money. We have to show them again, that cryptocurrencies are not only about the price but about the financial revolution. They need to understand the use case and then they stop thinking about cryptocurrencies as a bubble.
i do agree , they must educate to understand the cryptocurrency market advantages. i know most of them suffered loss cause their knowledge about market, if they have skill and knowledge it could be great for crypto market. no more money out from market that make market crash. The world is into technological advancement with high and intelligent development of digital platforms purposely to help and make human life into a convenient world.
Today, DeFi catch the mind, heart, or possible even the pocket of interested persons to grab the opportunities to invest. DeFi or known as Decentralized Finance will change the world perspective with regards to Financial matters which every household own some money and do transactions.
Do you think now is the right time to call the people into crypto world?
Today, DeFi catch the mind, heart, or possible even the pocket of interested persons to grab the opportunities to invest. DeFi or known as Decentralized Finance will change the world perspective with regards to Financial matters which every household own some money and do transactions.
Do you think now is the right time to call the people into crypto world?
I don't like to advise someone who doesn't ask me about trade. It is not a good way or good idea if i advise in advance without request. They can think that i have interest in it. Besides, a Hype trend named DeFi is running. Almost all DeFi projects are on the pump and people are hanker after it. Of the coins, i only like 2 or 3 coins for their actual purpose and most of them are Hype and will blast in future when most of the investors will face huge losses.
We predict that there are about 100 million people that have any experience with cryptocurrencies, but they are not active, most of them bought in 2017 and lost a lot of money. We have to show them again, that cryptocurrencies are not only about the price but about the financial revolution. They need to understand the use case and then they stop thinking about cryptocurrencies as a bubble.
I don't think you need to tell everybody about cryptocurrency especially the Defi technologies. You will just put these projects in a bad light once many enters the FOMO phase and you will simply see the coins start going down and everything will go south once the cryptocurrencies go down. I suggest to make people aware but not become blind investors of cryptocurrency, something they do not know anything about and without the proper research and knowledge. Just don't force them to invest.
If yes, how do you explain to them about crypto ?
Because, crypto not like ATM or Bank. We have to realy-realy deep understanding about that.
Because, crypto not like ATM or Bank. We have to realy-realy deep understanding about that.
Yeah Al that sounds pretty crap to me, Looks like cryptocurrency aint for me either. Due to DEFI and many other reasons, people nowadays have increased their faith and good idea about cryptocurrency. Which is very good news for cryptocurrency right now. So it can be said that cryptocurrency is calling people now
You are absolutely right because sometimes there are still many people who force someone to enter crypto for their own benefit without explaining further. When the new person experiences a big loss, of course it is not good.
If someone forces himself to get involved in crypto, then when he experiences a loss, it is clear that it is not our fault as people who already know about it, unless we force him to enter crypto, then it is clearly wrong if we do not teach him well. 
The world is into technological advancement with high and intelligent development of digital platforms purposely to help and make human life into a convenient world.
Today, DeFi catch the mind, heart, or possible even the pocket of interested persons to grab the opportunities to invest. DeFi or known as Decentralized Finance will change the world perspective with regards to Financial matters which every household own some money and do transactions.
Do you think now is the right time to call the people into crypto world?
There are still a lot of gaps in digital currency and Moreover, there are so many projects that make the wrong DeFi concept, so I thought not to rush, simply embracing people who have the desire to adopt cryptocurrency is a good idea in my opinion. From my point of view to call them takes a big responsibility because indirectly we have to ensure them to lead to a successful path. Cryptocurrencies also don't have much support from the state government, the government tends to ignore this good technology. Today, DeFi catch the mind, heart, or possible even the pocket of interested persons to grab the opportunities to invest. DeFi or known as Decentralized Finance will change the world perspective with regards to Financial matters which every household own some money and do transactions.
Do you think now is the right time to call the people into crypto world?
I would never do that, Some times people asking me what I am doing and I tell them I'm in online business and do computer stuff, try to avoid explaining things to people and I don't try to make referral out of them, This market is risky and if they go in the loss they may blame you in future, so I guess not!
yes now crypto progress is growing very fast. The DeFi project should be a solution for financial transparency as well as investment. if you enter now, then in the next year I think DeFi will go up quickly.
Defi has its ups and down. Some are bullish about it but some are having negative thoughts on it. I cant really say that crypto community will increase easily but seeing the adoption being imposef world wide its not impossible. Like me, only few of my friends were interested on joining when I talked them out about it. Let people enter by themselves because if by force and only explain success then when the newest person loses or fails it will actually make bad thoughts about crypto. There are still many new people who just come in because they are tricked and this eventually creates a bad stigma.
some I think it is. but when we want to invite people or some people are interested and ask us, it is better to explain how it works, not the success that can be obtained like what you say. those who came were certainly not careless people who wanted to waste their money. I won't preach anyone to this technology because they can cast me blames if anything goes wrong. I Have heard of stories about a friend who introduced his college friends to make investment and later lost it to scammers, the friends Sue him for damages. I will allow friends and college get to understand the technology to get involve. Basically we have a good technology that needs little advertisement, Bitcoin will advertise itself to the masses.
Exactly, encouraging other people to engage themselves in crypto is fine however we should not force them if they are not really interested or not willing to learn by themselves before making an investment. Defi projects are currently getting too much attention but it doesnt mean its safe to invest to these projects, its best to have our own understanding and people should learn to gain knowledge first. 
yes now crypto progress is growing very fast. The DeFi project should be a solution for financial transparency as well as investment. if you enter now, then in the next year I think DeFi will go up quickly.
Entry with deeper knowledge, it's really risky as we witness how things happened seems like same thing with ICO's before.
No one knows what will happened to this project if this could be the future for financial investment or just a bubble that will be forgotten
along the way, though the chances is good if you are capable of handling the risk and you are really keen in learning things out.
yes now crypto progress is growing very fast. The DeFi project should be a solution for financial transparency as well as investment. if you enter now, then in the next year I think DeFi will go up quickly.
I strongly agree with you that it is time to call more people into crytocurrency.Looking back to when bitcoin and ethereum were developed one can say that the future of cryto is bright and with the recent development of different booming defi projects I think it is time to introduce many people into it so that many will benefit from it.
And I don't.
With so many scams in defi I wouldn't want to risk my reputation (if I had a reputation in social media). I also wouldn't invite my family members into this. I can tell them about it but the decision must be theirs.
If you want to call people into crypto don't let their first investment be a defi scam or some shitcoin traded on some shady exchange.
I won't preach anyone to this technology because they can cast me blames if anything goes wrong. I Have heard of stories about a friend who introduced his college friends to make investment and later lost it to scammers, the friends Sue him for damages. I will allow friends and college get to understand the technology to get involve. Basically we have a good technology that needs little advertisement, Bitcoin will advertise itself to the masses.
I strongly agree with you that it is time to call more people into crytocurrency.Looking back to when bitcoin and ethereum were developed one can say that the future of cryto is bright and with the recent development of different booming defi projects I think it is time to introduce many people into it so that many will benefit from it.
For me anytime is a good time to call them into crypto earning extra money or saving some money doesn't need any good timing we could start whenever we want.
It is up to them if they also want to go after crypto we couldn't force them to like or invest in what we like or where we invested we could only open their eyes about it and teach them what they need to know.
It is up to them if they also want to go after crypto we couldn't force them to like or invest in what we like or where we invested we could only open their eyes about it and teach them what they need to know.
I stopped shilling crypto to people I know in real life a while ago. If they have questions, I would gladly answer them, but nothing more. I dont want to be responsible for any failed investment and feel guilty as a consequence, or even worse, shatter relationships with people because of it. Most "normies" are naive with their money and can rapidly step on a crypto mine or two, so nah, let the media lure them into the crypto space instead.
This is what I decided a long time ago as well, and it was because it happened to me exactly what you are describing, probably at the end of 2016 I began to talk to people about cryptocurrencies and about how they were the future and most people did not believe me, one year later at the end of 2017 I had a lot of people asking me about cryptocurrencies and all the money that they could make, I explicitly told them to not invest in the market because we were in a bubble and that sooner or later the price will go down, those people decided to invest anyway and when they lost their money they blamed me despite my warnings, since that day I decided to not speak about cryptocurrencies to anyone that I know unless they brought the topic. Jump to: