Bitcoin Forum

Well, I have started making some few cash from this and really will like those around me to partake. But people around have been put down because of ponzi and when bitcoin is being talked about all they see is Ponzi! How does one really get to re-orientate?

Don't.  It's a terrible idea to try and get people involved in your decisions when it involves money.

If the price drops, they will blame you, whether vocally or subconsciously, and they won't like you for it.  Since that's pretty much 100% likely to happen at some point, it'll be extremely damaging to your reputation with your family and friends.
If someone spoke to you saying "I've been making loads of money from this new blockchain digital peer-to-peer fancy crazy thing, now I have cash!", and you knew nothing about BTC, would you honestly not think it was a Ponzi scheme?  If I didn't bother to research it, I sure as hell would. 

Your mentality is utterly wrong anyway, since you're trying to earn fiat money rather than actually use or hold BTC in any way.

Teach them first how to earn bitcoin without investing or drawing money from their pocket. Guide them to join bounty campaign and any social media task that pays crypto currency.

Not really convincing them since that can cause problems later. They'd probably panic when they see a price drop and pester you about it and then you'd end up hating each other.

Better just inform them what it is and that you have invested. Never pull them into this. If they are interested, they'd reach out and ask you to help them set up things.

You don't need to convince them directly as many people who are very less knowledgeable about Bitcoin will not easily be influenced by it. First of all, you should show them some proofs of others earnings and also your own earnings. Then show them the price chart of the Bitcoin to influence them a little more about the legitimacy of the Bitcoin. After that you should show them the Bitcoin sellers to make them understand how much potential it has. You should be as real to them as possible, but if you emotionally tell them that they can make a lot of money then they will most probably find it as Ponzi. Show them the reality, if they're little bit intelligent they will know the rest.

You want to convince people who are not interested in bitcoin? you just spend time for it.

if you manage to convince them, are you sure they will succeed with bitcoin? what happens if they fail or loss?

What exactly are you convincing them to do? Become a bitcoin investor or do campaign for bitcoin? Sometimes it is hard to convince others to do extra work for bitcoin like we do in signature campaign. Some people are not into this. Having extra money is not enough motivation. But maybe if you can present bitcoin like an investment or a retirement fund that keeps growing or show them how it grown in the past year, they may have something to think about and maybe convince them to get bitcoin.

The single most important thing that has gotten my friends and family to pay attention (and not mock) when I talk about Bitcoin is the growth of price. That doesn't mean that these people are buying into it yet, but they're paying more attention.

The best way to get people comfortable with it is to talk about it in real terms. What did you buy with bitcoin this week? Share that experience with people who are totally new to bitcoin...the more basic and "everyday" the purchase the better.

You can't change the news and the media isn't going to tell stories about "man buys coffee today with bitcoin!" they're going to tell stories about "thugs hold hospital information hostage, demanding bitcoin ransom!"

Remind people that the currency that leads the world in use for criminal activity is the US Dollar. Does that mean that the Dollar is a ponzi scheme? No. (Ok...some of you will disagree). If criminals want to use the currency it is a testament to how easy it is to use. Period.

Bitcoin is not for unacquaint people.It is dangerous enough to those who do not have even basic knowledge and you want to involve the whole family in it?
If you are representing bitcoin to others as a source of unearned media,it is likely to drive a plane without driving experience.
Teach them well so they will not blame you for any loss.

Well they will just listen to you after you gained so much from it. Even though they did not care at the beginning, they will come to you eventually after you proved them wrong. That is just about it. People are scared when it comes to investment so we cannot blame them. The part when you enlighten them about Bitcoin is enough.

Better to teach them about bitcoin first, do not directly ask for investment. Learn from the beginning eg create an account to enter this forum and care account minimlah "jr". let me join the signature campaign. Although it will be the most important small result can make them to believe.And there are results even without the investment, later if it is so your brother there will be confidence that this is not ponzi

Know what? I tried my bit in 2014. One of my relatives invested $10,000 in Bitcoin, after I managed to convince him about the benefits of the digital currency. But nothing worked as per the plan, and he booked losses and exited in 2016, when the exchange rate was around $250 per coin. I got a lot of flak for his losses. But if he had held on to his investment, then he could have got 400% returns.

Wow. And what was the exchange rate when the relative bought in with their $10,000?

I'm curious how much that balance would be worth today. At least $43,000, but it could have been significantly more.

When talking to relatives about this tell them to buy an amount in bitcoin they'd be willing to lose. Tell them to think about it like a bet and the conclusion of that bet is years in the future. Would you pay $500 for the opportunity to make $5,000 or more and at worst get the entertainment of watching the Bitcoin rollercoaster for that time (for the $500)?

I think that first of all you have to explain to them what's an ponzi.
Bitcoin cannot be a ponzi as mathematically you own them and their value is determinated by the market.It's true that now many companies used the fact that you cannot reverse transactions to make "bitcoin doublers" that promise to double your bitcoin deposited and those are ponzi/hyip (high yield investement program) that will steal your money.
Ponzis and hyips are illegal while bitcoin is legal in most countries.

Do not impose anything on anyone. Find a way to share any ongoing news to them. There are lots of pages with news on bitcoin on facebook and tweeter. Share those news (positive ones though) like price increase, adoption by countries, predictions from top economists and so on and so forth. This is what I have always done anyway. They will call you to explain more to them as time goes on. Also, once they start seeing the outcome in you life, they won't be told what to do.

that's one very great point to make, you shouldnt really try to convince someone to put their money into something they have no knowledge or interest in, in this case, their panicking from the regular price fluctuations is probably a very likely outcome considering their lack of knowledge in the subject. if anything, see if they want to learn about bitcoin and cryptocurrencies in general before anything else, see if its something they want to put money into of their own accord. there's too much perceived negative air surrounding bitcoin to the ignorant for one to feel comfortable putting money into it (thats my thinking anyways).

It is nice to share but sometimes it is hard to convince others to do something they are not interested in, especially something to do with money. Hence I will suggest to just share about Bitcoin and if they are interested, they will invest naturally.

It all depends on your initial discussion with those people. what do you suggest? If asked to participate in investment, will be difficult if instant. Maybe you think investing in bitcoin is very promising profit, but not necessarily for those you want to suggest. Need to learn, bitcoin prices can at any time down or up, are they ready to bear the risks when the price drops? and they feel harmed by you, in the end you are blamed and maybe even ostracized by them.

First, you should realize that giving investment advises is a huge responsibility, if your advice will cause them a loss, your relatives might become very angry at you, especially if they had invested some big amounts. You should emphasize to invest only amounts they are willing to lose, so in worst case they will not suffer too much from a loss.

Now, about convincing them, it's not very hard - just make them understand Bitcoin technology, tell them that it's valuable because of its fundamental properties. Tell them that Bitcoins full potential hasn't yet been uncovered, so it's possible to get very high returns in the long run, by being an early adopter.

Show them how in time you increased your capital with the help of bitkoin :)

The best way to attract someone is to explain to people what and how, to break it down so people could weigh against and. And most importantly show your results to prove that it really works. My wife and I also at first didn't believe and said that I'm fooling around, but when I bought her a fur coat with the money she looked at it differently)

Your account profile and your wallet can be shown to them to prove that bitcoin is not ponzi..this account of mine started 3 months ago and it earns a lot since the time I started joining signature campaigns..I always show my friends the earnings I get every week and they got amazed some of them are now starting doing the same thing to earn additional income like me

The only why that you can make  your relatives your friends or anyone to use bitcoin and invest in it is byshowing them how much you have earned from it,i personaly started using bitcoin because my friend showed me how much he has earned from it and that got me reall motivieted nad exited to get into this domaine, the dream of making money like my friend is what brought me here and it is the same thing that keeping me going, so i know what makes someone real hyped up for bitcoin.

Since close relatives sometimes treat an announced product or possible investment as an advertisement from one of their relatives then at first they will appear willing and intrigue about what you will say to them as long as they don’t see any result from you they will just brush it with a joke but once they saw some changes in your life because of bitcoin then the possibility of them joining will be likely.

Invite them to join bitcoin without investing thru faucet, bounty campaigns and air drop so that in case of failure they will not blame you but if they will success then they will slowly start to join trading and hoarding with nothing to lost because their capital is came from nothing. Do this until they will developed their trust to bitcoin and help them learn how to trade than joining an investment sites in which most of them are HYIP and a Ponzi scheme.

You don't need to convince anyone. You can explain how things work and what is this all about if someone is interested or/and willing to listen, but forcing into opinion is never a good thing. If someone is not interested or apriori against, just let them be.

You're not alone in this struggle it's been happening with almost everyone who's into Bitcoins, people don't really understand it and then term it as a scam, it's difficult I know but I will tell you my success story, so my friends didn't really like Bitcoins and I had told them last year buy it at 900$ told them again 2k but they didn't and now suddenly they come to me like why didn't we buy, Bitcoin is nice, the trick is to make them see the price and they will eat their words back.

The best way to convince one to start investing into bitcoins is to show them how much you have earned with bitcoins so far and when they see it they are going to interested because nothing peaks a person's interest than when he or she has the opportunity to make money.

As per my own opinion we should not convince them to join in bitcoins for the sake of money but we must encourage them to enter in the reason of having a modern day of technology.

I was convinced that there are people who are enthusiastic about bitcoin, and there are people who have not grown up before

Show them a simplified form of cryptocurrency cores and why it is safe and  secured. Try to think of someone you know who become successful in bitcoin trading and manage that person to talk to them.

Why do you want to invite them to join Bitcoin? If they are interested a little about Bitcoin so you can invite them to join Bitcoin. But first, you don't tell them to invest on Bitcoin. You will join them on this forum so that they can know about Bitcoin automatically. When they will join this forum and started to join some Bounty Campaign after that you will invite them to invest on Bitcoin.

Never had a problem convincing my relatives to invest in bitcoins. I came prepared when we had a family gathering/business meeting. Some of them where hesitant at first, but after presenting some testimonials on Facebook by common friends, they were readily convinced that bitcoin is the future of currency.

You should not convince them directly because many people who are less knowledgeable about Bitcoin will not be easy. First of all, you have to show some proof of other people's income as well as your own income. Then show them even the Bitcoin price to influence them a bit more about Bitcoin's legitimacy. After that you have to show them the Bitcoin seller to make them understand and how much potential they have. You should be as often as possible with them, but if you emotionally tell them that they can make a lot of money, chances are they will find it as Ponzi. Show them the reality, if they are a little smart they will know the rest. To become a successful person.

By giving them a little bitcoin themselves. It will encourage them to invest it and learn the workings of the bitcoin market. Or you could do it for cheaper by hitting up a token sale like Nucleus.Vision or Universa, and them a little, so that they see quick returns and are enticed to buy. If you really don't want to part from your investment, try enticing them to a bounty program and teaching them to earn free bitcoin, through ICO promotion

 You should convince people to put their money at stake based on your investment ideas. give them money, or state the facts using snackable content that they can easily understand. If they show interest, maybe you can give them resources and demonstrate how the  crypto-ecosystem works, but let their investment decisions come from their understanding,  not yours.

Yes, it is not good to invite anyone to invest bitcoin. Most of the people don't know about bitcoin. They don't know what is bitcoin? how it is uses? If anyone interested about bitcoin you can invite them to join bitcoin. Then they must knows about bitcoin and they are interested to invest bitcoin.

I agree, you need to give advice only when asked...and to ask - you must yourself achieve great success, then it will be interesting to everyone how you did it

I think the best apostle of persuasion is when your friends and relatives see your lifestyle changing due to your new found financial freedom. Then they will ask questions and that provides and opportunity to educate and teach them.

You shouldn't convince anyone to invest in bitcoin.Simply because it is a financial investment and they may lose money and if they do then they will blame you.What you should do is try to explain them pro's and con's of investing in bitcoin and let them decide what they want to do on their own.No matter how hard you try to convince them they won't use bitcoin unless they learn about it and experience it.Some people will never use bitcoin because they simply not able to/try to understand how it works,some people think bitcoin is too advanced for them,some people think it is illegal and government will be after them if they use bitcoin :P You can't convince these types of people.

You want to convince people who are not interested in bitcoin? You just spend time for it.

If you succeed in convincing them, are you sure they will succeed with bitcoin? What happens if they fail or lose?

In most of the cases those who invited investors is the who suffer or under fire because they convinced someone who have a little knowledge or none at all.. Let them on they’re own make a way to approach you if they Fing out what is bitcoin and cryptocurrency,, not the other way.. If you’re doing it for money as a commission or referrals then that’s a big No! No!..

just tell them the profit you have earn from bitcoin, and show them the details

You would just have to show it via your actions, no matter how kany concept-based words we say to our relatives and families and friends they would still see it as nonsense as long as they are not seeing in you what you are preaching. People appreciate it more of therw is a thread of proof that this works or that your life has changed to the better because of this and that is how you can convince them

Oh.. I really do not think it is a smart move to convince and persuade. Especially not relatives.
People should be informed so that they can make a decision for themselves if they want to make an investment. Bitcoin is not a sect.

Do you really want to be the guy responsible when relatives lose their money? Because you would be the one who draged them in.
That could really harm the peace in your family.

I'm just like you, I wanted to involve my relatives and friends because I made a profit, but I regret to say that it took me a month to convince them that I have given up now.

Trying to convince some body into bitcoin is a very risky idea due to the fact that people have learned bitter lessons from all this ponzi scheme and at such view bitcoin as a ponzi most time but that is due to they own inability to study and understand e difference between a ponzi scheme and a digital currency like bitcoin. If you go ahead to convince some one into bitcoin without adequate knowledge when he/she loses any money in bitcoin he will feel that you talked him into another ponzi but if the see the evident of bitcoin success in you and pick interest in bitcoin then it better because they will be committed to study and understand the risk involves in using bitcoin.

If your relatives and close people see that you get profit and if they realise that you live better thanks to Bitcoin, it will convince tham that BTC is something very useful.

Great points and I completely agree with you here. OP needs to realize that this an extremely volatile crypto market where the coin values fluctuate like crazy most of the time which is why there is a huge degree of risk involved here and being responsible for someone else is not a joke. If your relatives are genuinely interested in the crypto market, they should be made aware of the risks that come with it. Instead of convincing them, I would focus on helping them learn the basics of crypto world and how everything works in the crypto market. Also, it would be better if they started investing small amounts rather than big amounts.