Bitcoin Forum

Hello,

I was thinking and wondering of different ways to introduce my family, friends and colleagues to bitcoin and I tried to convince them, but couldn't pitch in perfectly to get them going.

Things I tried

• Showed them the current value of BTC pegged to fiat, which did get thier attention for a while.
• Told them about how it all started, how the community adopted the use of BTC and how it all boomed.
• Showed them my wallets : how easy and fast it is to send and recieve to almost anywhere in the world as long as there is an internet connection.
• Introduced them to a few exchanges to show how easy it is to buy or sell whenever they want to.
• Told and proved to them how secure and anonymous a transaction is and how fast it can be for cross border transactions compared to other financial institutions.

Well, I pretty much tried to do everything I could. Now after they listened to all that I said, watched everything as that I showed to them as a demo, they did thier own research. They started shooting a few questions like

• See how often the price drops, this could be a bubble
• See Google tells crypto currency is used in black market to keep anonymity and make illegal trasactions
• See these types of currencies are used for the purpose of gambling to be in disguise

So basically, what I am looking for as an answer is, an approach that can be used in order to gain interest of people, stating all the good things and the bad things about BTC in a manner that a "noob" can understand and try to think, yes this is already beneficial to others, why not I try it too ?

All suggestions are welcomed.

Thank you

In my experience ignorance costs nothing.

People you know will continue to complain about things without ever investing - I don't think there's much hope tbh.

You could hold some coins for them or something/put some of your aside but other than that I don't know.

You do not need to force yourself on someone to believe you, just do your part and leave the rest. But, no matter what, not all your friends, collegues and family will neglect it, only further explaining what you know to those that embraced it. With time, with positive news from you, others or few from others can also like and embrace bitcoin.

I never bring this up when introducing someone to Bitcoin, except they are traders.
This should not be the primary reason someone gets into Bitcoin, if it is, they would lose interest pretty quickly and cut their losses once the price drops a little or take their profits when it goes high, and that's it. For one to switch (a portion of) their fiat for Bitcoin, the focus should be geared towards the fundamentals of it and why it could solve the existing problems with the current financial system. If they do not see any problem in the system, nor do they desire the freedom and privacy that Bitcoin offers, then there's very little you can do.

Suggested responses;
• The price rises more than it drops overtime, so it can really not be called a bubble, also a characteristic of almost all investments and assets is volatility. They should do more research on what a bubble is.
• I guess they care less that their local currency is also used for illegal transactions.
Google search returns is not the best place to get in-depth knowledge, you could refer them to educative articles, books, podcasts etc
• I don't really understand this, privacy is not disguise, it's the freedom to spend money without being monitored.

Try explaining to them why these concerns are unfounded. But, do not project the advantages you esteem in Bitcoin on them, what you value may not matter to them.
Giving them useful resource with which to learn the basics, and possibly deeper as time goes, is the best strategy, this would help them discover what BTC means to them and choose what they want to do with it, as there are so many facets to it.

I would suggest you never force anyone to get into investment or take the burden of giving financial advice, you should only suggest options, give them useful tools and let them do their research, it is more important when dealing with people you know personally, as you could be blamed if they get in and it goes south (maybe due to their personal mistakes)

P.S; Have you tried referring them to this forum?

Since Im into cryptocurrency. Of course it comes to my mind to encourage my family and relatives to do this too cause the potential is so high. However, I cant insist it to them, I know the risk that could happened on their money once the market crashes due to volatility.

I think explained honestly to them the pros and cons without much sweet talk. Tendency of introduction is to let them know about it, now the shill to make them invest is cost high so you must be honest with them with your own thoughts not make them fomo because btc reach 20k before something like that.

Be honest as possible.

I always put in my mind that when I open up about Bitcoin, I wouldn't expect them to believe me or getting convinced. I'm expecting ignorance and rejection most of the time, and that's normal.

My Facebook friends keep declining because of me getting involved in Bitcoin and the crypto world (maybe because they're jealous seeing me traveling often in local cities and overseas for the past couple of years until this pandemic struck).

Just like sales, I can only say that he or she is a worthy prospect when inquiring or interested about Bitcoin rather than me opening up to them. If they say what I do, I'm just proud to say that I am now into Bitcoin and cryptocurrencies, but I don't expect them to be amused (unless they insist me to tell them more about Bitcoin).

But for now, I'm doing "reverse" sales mode. I don't e-mail or sending DMs to a lot of prospects telling them to buy Bitcoin, etc. I just keep sharing content about Bitcoin and cryptocurrencies until a few of them inquired to me about it first and telling them the risks involved when they do decide to buy Bitcoin at that price.

Keep it simple.

• Should not try to give advice to people who don't need that. They will not really open their ears to listen to your words.
• You can proactively try to introduce it to potential guys but only talk about it one time. If they are interested in your words about bitcoin or crypto, they will come back to ask you more details. This time your words have more value for them.
• Should not proactively try second or third times with the same person. Just wait for their proactive questions for you. If not, stop your introduction.

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It is the same as when you are a lecturer. If your student need your advice, they will find you and do appreciate your help. Sometimes or most of times, when you proactively advice and force them with challenging questions, they don't like you.

Your first time plays as a test, if they fail with the test, you won't need to give them a second / third advice.

One of the best ways of introducing bitcoin, is to first introduce what's wrong with the current system, and how bitcoin could potentially be the answer to that problem.

Teaching cryptocurrency to your family and friends is a good thing to do, we should share the things we know about the crypto world especially to our loved ones because we know the benefits that it can give to many people.

You may start telling them about these things:
1. What are blockchain and cryptocurrency.
2. Tell them how cryptocurrency has been made.
3. Things that cryptocurrency can do or where can you use cryptocurrency.
4. You may also give them an idea of how to earn cryptocurrency.
5. The best thing to do is to tell them to join this forum, honestly I learned cryptocurrency because of this forum. One of my friends told me this platform and I am very thankful because I learned a lot of things here. There are many boards here that can help us to know cryptocurrency in different fields. At first, I was so confused because there are so many terms that I really don't know, but whenever I encounter those terms I just search it on google, and sometimes I ask him about it.

You pretty much did what one can do: Introduce the concepts, provide a hands-on/visual experience, and debated whatever came-up. I don’t know if you omitted the negative aspects by association from the beginning, or tried to refute them when they brought them up, but they should be part of the introduction, with all the counterarguments that one deems necessary.

Aside from that, it’s down to each one to take it on from there with no pressure, make their own decisions, at their own pace, and take responsibility for themselves. I can still see many people around me I would never suggest getting into Bitcoin, neither from a usability point of view, nor an investment one (them being very conservative with their savings, and technologically subpar). You can assist them, but not decide for them.

Nah, I guess that not necessary specially when the still didn't get their attention towards Bitcoin on those attempts he made.

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Everything you've tried is the very least and effective way to introduce someone to Bitcoin, but If it doesn't work then, there's nothing we can do about it. At least they have heard it from you first, the most trusted person for them. Who knows the next time they hear about it might ignite their interest and start consulting you again, trust me.

There's nothing you can do if the people if the person is not interested even if you tried more harder to introduce bitcoin since there are reasons for theirselves on why they reject it, But if you can see a person has little interest maybe the proof of profits you get is the best tool for you to use so that they will be more curious on how those things work up and so they could try it.

Giving them the background about bitcoin and how it has evolved over the past decade. What are the advantages and disadvantages of using it and sharing my personal level experiences with them. Since, I would be knowing the person to whom I am talking so personal experience will play a vital role and being telling the complete truth is expected because you would not like to just tell the best of the story and not ignoring to tell about risks associated with it.

A good way would be to just gift someone some bitcoin, which would make them look into wallets, how to safely store bitcoin etc. It's a much better incentive to make someone learn about blockchain technology then just lecturing people about it.

I remember doing it and they just became interested when the price increases during 2017 but when the price falls they get not interested. Crypto is only for those whose willing to risk at the same is eager to learn,even we give many details or even free BTC many were not an investor or risky type of persons as they fear some loses.
I only teach bitcoin or tells it only to people who shows interest, I do post sometimes about topic in crypto and only those who will ask and seems interested the only time I will discussed how it works.

Hello guys, thanks for all the replies, but some of you ask me to let it go  :-\. Well, I created the topic so as to know on ways that can help them develop a interest into crypto currency, we live in the same household, they see me using it, they see me benifit from it, but still there must have been something lacking which doesn't boost thier confidence on the go to implement the same. Hence I asked for suggestions.

I think you already did enough just to introduce bitcoin to the people around you. But if they are still not interested, then don't push yourself too much because you will just waste your efforts. For me, it's better to introduce bitcoin to people who are interested and eager to learn. Personally, I have also tried introducing bitcoin to some people around me but of course, not everyone is willing to learn.

Telling only the good side of bitcoin to catch their attention won't really be helpful, I guess? I mean, a lot of people already have misconceptions that bitcoin is like easy money that's why they get interested, but once they realized it's not like that, they will start losing interest.

That's good! Getting more people on board, or at least dispelling notions that Bitcoin is "dark" or "bad" money is important!

I recently explained Bitcoin to my SO's mother. She knows I work in Bitcoin, but never really understood it. We had lunch a few weeks ago, and she told me she genuinely wanted to learn more. I just explained that at its basic form, it is a currency just like USD or EUR. Where it differs is the digital aspects: it has increased security and anonymity. She asked about fraud, and I pointed out that Bitcoin transactions can actually be tracked easier than cash, law enforcement can follow transactions if they know the original wallet.

Essentially, there's two approaches I use. First, I keep things nontechnical, most people don't care about the technical stuff, unless they are a tech person themselves. Explain it in basic terms, focusing on the currency and security aspects. Second, I don't defend by going on the attack. When people ask about the negatives of Bitcoin, I instead explain how Bitcoin can actually offer solutions to negative activity.

You already introduce to them what's the highlight with the use of the bitcoin and I think one of the best you should do is show them that you really earn regarding bitcoin.

I also introduce the use of bitcoin to some of my friends because I want them to earn too than risking their money to some of the platforms which are common scams and Ponzi Scheme. Most of the time they ignore me because they think this is just a scam because there are a lot of people lose a lot of money with the use of cryptocurrency.

After a few months, I already made an investment which is my very first own gaming PC and some of them notice this and ask where did you get this and how you earn a large amount of money even you don't have a job and the one thing I answer to them is

"Because of bitcoin"

by that, they are asking time to time what are the things they need to learn and what do I recommend, so I suggest is to use a buy low and sell high technique.

I don't have any update to them right now if they already gained profit or not.

Ps. I'm not a professional investor or trader just a common person want to earn with bitcoin too.

You know, Bitcoin or cryptocurrency could really be a very difficult task to introduce to an ignorant mind on the course. With all the need to know terminologies of the field, coupled with the series of security systems to be put in place and the withdrawal patterns... These and many more scares them, they feel it's just too much to take in and the risk element following the activities of scammers makes it a NO field for them!
The thing is, Bitcoin and cryptocurrency is for everyone and also not for everyone. I say this because, it's the vision for every Bitcoin or cryptocurrency enthusiast to know about Bitcoin and why we are so proud of it but then, not everyone would follow. As such, you show them the path and hope they walk it. If they don't, that's a choice they've made. The least you could do is, respect it.

Aside from that, I think most of the investment is the best way to introduce bitcoin or cryptocurrency since this is where the hype came from and most of the time became popular around the world because of the high market price in the market. Still introducing bitcoin as a digital currency and investment could be the best way, bitcoin is not yet used to transactions in a lot of stores most of the time online which could be common nowadays because of the pandemic, it could be one of the best ways to transact since physical money have a risk of getting corona.

I think Introducing bitcoin as payment is the best way to introduce it this day, also it would be a lot more self if it is adopted in your country when a lot of people is already accepting bitcoin as a transaction currency.

When I heard about BTC first come to my mind, is I need to tell my close friend about this thing. So I went to him and tell him everything I learned about this stuff. He quickly understood what I am saying cause I have given him examples that will be logically digested by his mind. That was four years ago and now he still contributing to our village with lots of his learned knowledge about BTC to our community and it is nice to have someone whom you can teach others with what good things BTC can do to the world.

I'm sharing my experience in introducing bitcoin to my friends. Some of my friends curious and asks about how can I generate income online. My answer is it's from bitcoin. I explain to them simple but informative details about bitcoin and its feature. And show them some of my earnings to inspire them not to brag. It's only a small amount but in our country, it's a decent amount that can inspire them to learn more about it. They are starting to get curious about how I earn that much. Lastly, I advise them to read more about bitcoin and tell them that they need to figure out my ways of earning. But sadly, one of my friends joined the High Yield Investment Program and feel disappointed in the weeks he spends promoting referral links in many Facebook groups, didn't gain anything, and did not continue his journey in the bitcoin world. The other one is studying trading. And the other one quit learning about bitcoin because he has other ways to generate income. My way to inspire them is wrong, however, the way I inspire to learn bitcoin is seeing the earning of my friend online.

All the steps you've taken at OP creator Protrader786 are in place. You've done quite a good job, I'll give you credit for that. People are more moved by the things they see rather than the things you say. Like the saying goes, 'action speaks louder than words'. I wasn't a fan of Cryptocurrency once untill I saw a few persons living it everyday in my neighborhood. How did they live it you might ask?
They made it fun for themselves, speak it, trade it and made occasionally withdrawals before my very eyes, showed me the things things they did and left me to myself. At that point, it was a choice for me either to go with them or not. Not like you force it on anyone, I'm not say that. Or you put it all in there faces and I'm not saying that either.
Do your best and let them choose. If it doesn't boost their curiosity on the field, then it's not their thing at that time. Again, some people might feel, your only doing that just because, there is something for you and as such, they tend to resist. It's fine, let them be. In time, they just might come to you.

I sometimes start with informing them about the scams and let them be aware of it. They'll understand that I'm informing them for their own safety too. Its my way of acknowledging that there are scams here, and a start for me to explain that this technology wasn't all about that, I'll try to make them understand that it happens in any currency. Knowledge about this scams will help them avoid it in the future. And I'm really just informing them as their concerned friend.

One way too is to start telling them the history of why bitcoin was created in the first place. You should explain the history of the world, and why did Satoshi created this in the first place, it is to solve a certain problem with fiat currency. Knowing the root of a thing will make them understand it too, that it was meant for something bigger, and it doesn't just pop out of nowhere. And if they become interested about it, they'll work their way in researching about it, we hope so, but if not, its all right. Don't waste your time pushing people to learn about something they didn't want to learn, at least you take your shot.

It's hard to introduce bitcoin to someone that does not interested in it. If you want to explain bitcoin to no coiners, then you should explain first the history of money, and why is it not that valuable. The power of bitcoin is connected to money. So first they have to understand money and how it works, then explain bitcoin in a simple way.

for me the best way is to introduce it to someone is to share your personal experience(the good, the bad) about bitcoin or cryptocurrency and ask if they are interested or at least curious and if they are not I would stop the topic immediately. but if they are interested I usually do what you mentioned show value,how it started you, wallet, how it works, etc.. in short the basic stuff about bitcoin or cryptocurrency. I don't give them the idea of grand scheme about bitcoin. I just introduce it as a way of new transaction, option for investment, etc..

You had a good experience with your friend but most people do not want to listen or learn about bitcoins. The only way to develop their interest for bitcoins is to show them your earnings in bitcoins. That's the only way anyone would believe on us. Its hard for people to learn new things and new technology.

Bitcoin isn't for everyone, and I wouldn't push people who aren't comfortable with it to use it. Don't forget that Bitcoin also has a complex user experience and requires people to manage their private keys - many people, especially those without technical knowledge, can fail here. Users click "ok" without reading wallet's warning to back up their seed, or they store their seed in email drafts and lose coins after getting hacked, and so on. It's never too late to adopt Bitcoin, maybe in 5-10 years they'll come to it on their own, when they and Bitcoin will be ready.

It was a tough thing to do, I can't imagine how hard to make people to clearly understand what is Bitcoin and what is crypto. It was a challenge to catch someone's attention when they are already minding Bitcoin as a way to lose their money.

The only thing to do in order to make people believe and give a positive look toward bitcoin is to show and prove to them that we are already using it and even make money. Their mind will open up for sure once they have seen it with their two eyes. We have to clear things that make them doubt and give them the support they need.

We need the Lightning Network nao, hopefully we'd still be alive by then.

It's a little bit difficult to explain the concept of bitcoin and blockchain to someone who lack the technical knowledge.
A better approach would be to start with merchants and local services providers in your region and try to convince them to start accepting bitcoin payments. I think they will find the idea appealing especially if they know they would earn more due to the price fluctiation.

Thanks a lot for the little you have said to then about the concept of cryptocurrency, the usage and price action.
Telling someone or rather household about bitcoin is a stressful one because bitcoin itself is not a physical money but rather digital so its hard for one to believe in something anonymous.
I have tried to convince people about bitcoin and cryptocurrency in the past but I noticed that its difficult for them to accept it, so I conclusively tell them to watch and see the usage of bitcoin in their institutions, banks, offices, shopping mall, and many other places in the coming future.

Usually people will find out about the advantages and disadvantages before actually entering. Tell me about the advantages of bitcoin compared to other asset and I am sure they will be interested. The price and usability of bitcoin is what they need.
Many people in my circle still perceive bitcoin as an unsuitable asset for trading. This is because they are never willing to risk losses from the volatility of bitcoin price. Some of them said that bitcoin was a currency that was meant for gambling and was never suitable for them. These two reason caused me to stop introducing bitcoin to anyone including my friend because I never really managed to get them to understand what bitcoin really is.

To be honest, until recently I had a very hard time understanding bitcoin technically but I could only enjoy its use as a currency as well as a tradable asset. As a valuable asset and also the ease of transaction made me realize that this technology was released at the right time by Satoshi Nakamoto. Maybe this is one of my shortcoming when introducing bitcoin to friend.

Showing the money you earned is the best way to convince someone and they will definitely listen to you and learn it diligently, always remember that "if money talks everybody listen" I've tried it and my cousins already know the basics about it, even now that people are not doing anything because of the pandemic. But it depends on the people that you're referring to if they're interested about it.

Oh I try to be sensitive too! I don't want to look like a weird nerdy guy continuously speaking about something to someone who is not really interested about the topic. I even only talk about bitcoin if there's a need to explain something that really connect to our topic.

The most common question I receive from friends is how do I earn here, of course all of us are interested in earning that's why they are asking about it first. So I try to share my personal story as well, the reason I'm here, the reason I'm staying. And all of that, by sharing your personal reason they can really understand that its something, especially if they are your close friends that really know you. They'll understand cause its personal. I try to explain to them without the intention of getting them in, but with the intention of giving them the idea that its a currency, and not a mere place to earn.

Heya

this is one of the struggle, i was also facing

for people of my age i,ll show this documentary & for sure it shows how bitcoin transforms the financial market & mythbusters behind bitcoin & various things

Here is the link https://www.imdb.com/title/tt5033790/ (https://www.imdb.com/title/tt5033790/)

You have done a great job introducing it to your family and friends, In my case, I just told them that bitcoin is just like our traditional money or dollar. It can be used to buy things and also can be used and abused by bad actors who do fraud and scam. I educate them in advance about these scams so that they will be aware. Some are doubtful of it because they heard a lot of news of scams concerning bitcoin, I just told them if the scammer used dollar to scam people, is dollar a scam? not right?

the best way to introduce someone to bitcoin is by telling the person what bitcoin is all about then you proceed by telling the person the importance of bitcoin and give the person reasons why he/she should invest in bitcoin.

Show them some documentaries how our current financial system works. How federal reserves as a private entity print money and lend it to banks. What this money then does on stock and real estate markets. Understanding current financial system is best promotion fro Bitcoin.

My approach is a bit simple in introducing them
first i look for someone who will really have interest on bitcoin or crypto
then i tried to dig in on what are your investments or how you spend your money?
Also giving examples bank vs bitcoin when it comes to interest
and how easy it is to have a wallet, this are just the things or way that i do.

I don't want to be an annoying Bitcoin maximalist, so never tell people about Bitcoin until they ask me about it.

The current financial system is based on fiat currencies and almost everyone knows about it. The real challenge it to convince people that bitcoin is better the the fait currencies.



Its difficult to tell people about bitcoin, if they are not interested to know about it. Only those who are curious to learn about this new currency, will hear and listen to us attentively.

This is what I have done.

When I have a few satoshis (a few extra cents I would not miss) I use a platform like Bitrefill and gift some phone credit to any of my friends abroad.

Before doing it I tell them "Hey pay attention to your phone!"

When they receive the gift they ask me how I did it, and then I give a simple explanation about how crypto is borderless.

At that point, I human curiosity may do the rest.

Just give them the idea about bitcoin and other cryptocurrencies and if you think that they got interested to it, then you should explain furthermore about how it works.

It is really not that easy to understand bitcoin at first due to its complexity and composite structures. But I guarantee you that bitcoin can make you a successful investor once you engaged to it and be patient about its full potential. Although, bitcoin's price is really volatile which can make other users give up on investing on it and that's the reason why some people are not considering it as a good asset.

If you know someone who are struggling in life, let them understand that btc can be their way on coping up with struggles in life. Anyone can be a bitcoin investor and it's effectiveness depends on the investor and season.

Yes, that's true. If you push someone to listen to you or join you in your venture, but didn't show interest at all, you'll just end up being frustrated. But, you've done such a good effort convincing other people. With that said, they'll surely comeback to you if they are really interested and ask for your guidance and help. You'll surely know how to answer them using your experience here in the forum. :)

Never waste your time on people who don't have any interest about what you say because they still won't care. We don't need to please everybody to buy bitcoin because time will come to make them convince that bitcoin is a good investment. It will also their fault if it's already too late to buy bitcoin because they never listen.

Maybe we should deal more with the challenges from new interested people. I think its a better time to encourage family and friends to join in the investment. Get them a wallet and purchase a small amount of coins to them. Bitcoin looks more of a very expensive coin to new investors, the idea is to buy the size you can afford but I tell the close ones you cant see the size of profit in altcoin from bitcoin, however, altcoin has its risk. I tried to tell them not to check the chart daily, the volatility can be scary to new traders.

I would like to share my experience because this is me before my friend introduces me to the use of bitcoin.

In my perspective, the bitcoin is just used for the deep web and any kind of black market transaction, and with the use of this coin before I think it's all illegal. After a few months and years, I discover there are different purposes with the bitcoin but the problem is how do I start where do I make research. I'm glad that a friend of mine is already starting into the different forums reaching and searching about the use of the bitcoin and you know what he introduces to me? You can earn money with bitcoin.

This gives me a lot of curiosity and by that, I ask him to help me what are the things should I need to do so this caught my attention earning money with the use of it. Is there's someone who doesn't want to earn money? I don't think so.

Many people came across in the Bitcoin and in different communities just because of money, yes, that is the fact and we can't deny it.
But in order to earn money, you should learn first the function of Bitcoin and learn how the technology behind this crypto will work. That's not a simple way of introducing Bitcoin, nor just like selling foods on street, it takes time before they will understand that Bitcoin is very useful when it comes to the payment method or storing as a valuable asset.

IMO, it's not introducing, just give them an idea and thought how Bitcoin work. If they are willing to adopt Bitcoin, they will spend time on it to have research once they are interested. Don't waste your time giving them the whole explanation because you can't do that in a single day.