Bitcoin Forum

This days lot of bitcoiners are scared of introducing bitcoin to people because of they  do not want to be blame if the investment ends bad. Most people have lost good relationships with family and friends all because of introduction to financial investment with no profit and this made them to take a serious decision never to make any introduction about money to anybody again.  As for me I'll always introduce bitcoin to people because it is money, people needs money for better life.  It is my duty to tell about bitcoin to people and it is their decision to invest in it.

Because of the risk that is in bitcoin it won't stop me from telling people about bitcoin which will better their life if they found it interesting.

This is honestly easier said than done — a lot of people will be putting some blame on you regardless if you say it's risky and it wouldn't be your responsibility of they lost money.

But yea, you do you. If you're willing to take the risk regardless, best of luck.

If you tell them about the risk. That is good. I have told many people that are close to me about bitcoin but I also let them know the risk. I even do it in a way they can be afraid to invest, but also in a way I will let them know the best time to invest.

If they do their research and they do not trade but hold at the right time, they will be forever happy that they know about bitcoin investment. All-time-high is promising.

If you're to carryout any awareness crusade then it's best you yourself learn about Bitcoin, because it's certain that you'll receive a lot of questions concerning Bitcoin and if perhaps you live in a society that have a different idea entirely about what Bitcoin is you'll have to do a lot of explanation and make them see Bitcoin for what it truly is. Like for mine, most people see it as a fraud and something that only the rich should get involved in (just like I did in my early days) without proper education and also the right knowledge you won't be able to achieve anything.

So for now I'd advice you take your Bitcoin learning serious because you can't teach others what you don't know and if those around you become interested in it, you could direct then to bitcointalk and let them learn Bitcoin for what it truly is.


Most of those newly coming into Bitcoin, are of the mindset that Bitcoin is a get rich scheme and once they invest their money there's no way they'll lose it and that's why it's always best you tell them about all the risks involved in Bitcoin and just as you have said if they are interested they can proceed with it if not then they should look for something they are more convenient with. Never force anyone into any investment if you do you'll have yourself to blame if anything goes wrong.

Edit:

---

On a second thought, I think you have another motive as to why you created this thread. At first I thought you really meant everything you wrote down in this thread but just scrolling through the first page of your post history o realized that you created this thread for no other reason but to fish merits.

It is never a bad idea to introduce people to Bitcoin. After all, we all want Bitcoin awareness and education to spread to many parts of the world. But it should be a balanced lecture that should include the benefits and risks of investing in the Bitcoin market. Making money from Bitcoin requires patience and bravery. Patience to keep waiting even when it seems you are just wasting your time and bravery to keep hodling even when FUD surrounds the market. So they need to know that it is not a quick path to money but a long-term investment. I don't also think that we should only tell people about the financial benefits of investing in Bitcoin but advantages like privacy and decentralization while using Bitcoin as a currency should also be promoted.

Good decision, advertisement is most important for cryptocurrency market and currency growth. For better feedback and bright future anyone can invest on bitcoin. It will be very helpful for his life. Bitcoin is  best coin. It is very popular now. I am very happy to know you always tell people about bitcoin. I think for this activists many people will be benefited form Bitcoin. If anyone buy bitcoin he will be hige benefited today or tomorrow.  So i think you are on the right way.

Telling or introducing people to Bitcoin and getting people interested in investing are totally different things.

When we talk about introducing someone to Bitcoin, it's all about providing them with information on what it is, how it works, and what it can do for them. But if we encourage people to buy and invest in it, we end up influencing their decisions that can have financial repercussions. Personally, I have nothing against telling people about Bitcoin; in fact, I encourage it. I believe that everyone should have at least a basic idea about digital currencies and the role Bitcoin plays among them.

However, I would never try to persuade or encourage people to invest without first warning them about possible risks and threats. After all, the final decision should always be up to them and made after careful consideration, not hastily.

That's right, some people who even know and invest in Bitcoin are only keeping things to themselves because they don't want any trouble from some people that they might introduce to Bitcoin, and at the end they have a failed investment. I am not the kind of person that falls into that category, as I will explain Bitcoin to anyone who really has an interest in it; I can't just pick some random person and begin to teach them about Bitcoin. Before I educate anyone about Bitcoin, that means you have really bothered me about it to the extent that I just decided to take the chance and give you some education about it. If you tell someone about Bitcoin when the person has not really made up their mind to invest, that's only when they will blame you for any loss, but for any investor who has made up their mind, they will bear the risk themselves.

I feel that when introducing people to bitcoin, it's critical that you emphasize the importance of financial education and understanding how cryptocurrencies work..This will allow them to make informed and responsible decisions about their investments, thus reducing the risk that they may face significant losses. So I would like to know what is the method you use to reach people when you talk about Bitcoin? Do you do conferences? Streams... or what? Well, if you feel responsible for wanting to inform people, I imagine that you should do it in a big way.  as you say, money is essential to improve the quality of life and it is legitimate to want to share information that may be useful to others. At the end of the day, the decision to invest in bitcoin or any other cryptocurrency rests with each individual, and it is important that they are informed about the risks and rewards associated with it

Well, what I see in this case is that many investors introduce people to  shitcoins that leave them with a serious regret, to be sincere, many young investors eager to introduce their friends do not have the right knowledge of bitcoins, all they do is to tell them about making money through bitcoin

Telling people about bitcoin is alright but while doing that, you should be able to tell them the do's and don'ts likewise the good and the bad. Why people get into such problem is because they fail to do the needful by telling whom ever they are onboarding how the market trend is. They fail to let them know how volatile the market could be and also, some bought at high thinking they would sell high to make profit but the unfortunate happened to them and that is the reason why some people are in enmity with their families, friends and loved ones.

Before embarking on bitcoin awareness, be prepared to answer any questions that comes your way and do well to let them know  the market volatility.
Making sure they know that they doing their own research would help them be in the right position to flow along with the market trend would keep them safe so you do not get into trouble.

There's no problem if you dont really make out guarantees to other people on mentioning about making profits because if you do then you would definitely be getting blamed out on the time that their investment is
on reds and this is what most people would really be trying out to avoid or must really that not giving out that kind of claims if ever they would really be making out recommendations on learning up Bitcoin.

This isnt always talking about making money or profits because it is really just that one of the benefits on dealing with it, but in behind on about its actual utility would be also the main consideration on why
it is really that something important. Sharing up awareness of its existence would somehow fasten up the recognition and consideration but there are people who were close minded
that not easily believing about those possible opportunities that it gives but instead they would really be having that kind of impression on sticking into it.

Just always remember that you shouldn't really make out some guarantees about making money if you dont like on getting blamed out.
Just let recognition and adoption move normally because its an inevitable thing.

In my opinion, do not offer Bitcoin as an investment and do not offer it to anyone who cannot understand the basics of economics, trading and the importance of centralized money, otherwise it will not be meaningful to offer Bitcoin.
I see that some friends give about 5000 dollars as a gift of Bitcoin, and after several months they find that people have lost that gift, and thus the Bitcoin is lost forever because the second party does not know Bitcoin or does not realize its value.
Also, people are very emotional so you are the first to blame if something goes wrong.

It’s not a correct one,because only some of the people are not like to share their involvement in bitcoin and crypto currency.Because in many country the government ban the cryptocurrency and some was making them to pay the taxes of holding crypto currencies.So in order to avoid of paying of taxes most of the people avoid to share their investment into the cryptocurrency.If you are in the country which legalise the cryptocurrency,then exchange itself charge you some TDS on every trade.So you can’t get away from paying the taxes for the investment in crypto currencies.

But the fact that bitcoin still bears risk, you can still be blamed if the people whom you've taught about bitcoin ran out of patience and panicked sell during bear market, you would still going to be blamed. So, be always ready for that.
If some people find bitcoin interesting, it doesn't mean they're gonna fully understand how bitcoin works and its historical price run.
I understand if you're really passionate about teaching people about bitcoin, but one thing I suggest, don't force people who doesn't show any interest at first impression, because if you happen to have these kind of people convinced, they're most likely going to lose patience and of course their money as well.

I believe there is nothing wrong introducing Bitcoin to people.  Giving them information is something that a person who wanted to share the opportunity to other should do.  But it all goes wrong when the person introducing Bitcoin force these people to invest with Bitcoin.  We all know that we can introduce Bitcoin without the investment thing information.  We can just tell them that the can use Bitcoin to pay for merchandise or transfer funds to other people.  Let them discover the investment part themselves though giving a hint on the potential profit in holding Bitcoin is ok IMO.


I hope you find the right people in your endeavor.  It is quite hard to find  people interested in BTC due to the fear of being scammed.

this really depends on where you are currently residing as each country have their own protocols towards the use of crypto. so yeah, if it is not legal in your country, i don't think it is ok to disclose to public that you're into crypto.
some people are also being discreet as they don't want to attract cyber scammers. for me, it is better not to disclose to social media about your crypto dealings. you will have more peace of mind that no one knows about your business with crypto. but sure, if someone needs help regarding crypto, you can share what you know.

The reason why a lot of those introductions turned out badly in the end was because of the narrative they were introduced to: "If you buy Bitcoin, you'll be rich in no time" - While this is okay, it gives people the idea that Bitcoin is a get rich scheme and when it's no longer giving, say bear market kicks in, they turn away looking for the next big thing. As much as we make those introductions, we should talk about some of the intrinsic benefits that bitcoin provides. It's fascinating the kind of borderless transactions one could do these days. Very fascinating.

I don't believe anyone is criticizing the introduction of Bitcoin; rather, the only criticism I hear frequently is that people should never persuaded anyone to invest in Bitcoin by merely outlining its benefits without also outlining its drawbacks. I really believe that if you solely educate people about Bitcoin and never attempt to persuade someone to make an investment, nobody will hold you responsible if they do make a mistake.

Almost all of my close friends have been introduced to Bitcoin by me, but after I've taught them the fundamentals of the Bitcoin and its blockchain technology, I advise everyone to conduct their own research before getting involved in the system, especially in the investment portion. Therefore, since I don't make anyone invest against their will, no one will hold me responsible if they lose money investing against their will.

Yes, many people have lost friends and even their own families, but not because they got involved with the idea of Bitcoin. It's often due to their greed and inability to assess risk properly. If they had limited themselves in this game with a optimal bet of 2.625 Bitcoin and advised their friends and acquaintances to do the same, then 98% of them wouldn't have lost their friends and family. Think about it next time you talk to your friends about Bitcoin.

In most cases, I don't think that the main reason, I believe the main reason is the possibility of a physical attack or being a target because Bitcoin market is trending all over the world and physical theft are targetting Bictoincers.


We have people are in this situation but what we need to introduce to people most is the risk of Bitcoin investment not the profit aspect of it because it blind some new investors about the market reality.

I think you are correct, the manner at which people introduce bitcoin to people it makes them feel if they invest their money in Bitcoin they will make profit so fast. I think if bitcoin is properly explained to people who don't  know about they will hold themselves responsible if at all the market seems difficult for them to have patience.  Those who normally panic when they discovered that the investment is not going the way like they thought had the mindset of just becoming rich in bitcoin and always imagine that the market will always be in favour to their own expectations. Introducing bitcoin to people is a good thing but should be done in a proper way  by giving a better explanation and understanding just as the market is.

Well for me I was actually showed the road or should say, I was helped by someone to actually clear my bad taught about bitcoin and ever since I have become interested in also helping people who also feels bad about bitcoin. Spreading the news about bitcoin isn't bad but the only issue is that the user explains the whole concept or the basic important ones like it's volatility so that' if the person who you are explaining things decides to buy bitcoin it will all on him as very man becomes relatively responsible for their investment and actions.

That is why you don't need to force or persuade anybody to learn bitcoin and when teaching them about it,you should tell them the pros and cons of bitcoin and not just the good side of bitcoin. It is when you tell someone that bitcoin is a get rich quick investment that the person will blame you. If you tell them that bitcoin can only give profit when you hodli for long, I don't see any reason why you should be blamed for the knowledge that you passed on to them. Teach only the people that shows interest on learning it and don't tell them to invest,just only the basic concept of bitcoin.

I see a little to no risk in Bitcoin if you are going to invest today. The price is too cheap for because I believe that price will going to hit $100k at the right time. If I basing on my technical analysis, in macro time frame the trend is uptrend. If we see a down move or dump, it's retracement or pullback. The only risk I see in investing in Bitcoin is that if you put your assets in the exchanges. My advice is that if you're going to invest in Bitcoin, you should keep it in the open-source and non-custodial wallet.

I must confess that I don't talk to people about Bitcoin unless the topic comes up. I don't go about preaching the gospel of Bitcoin. I don't believe that's the way to go.
It's okay if you do, but you should have the right knowledge before you introduce people to. They shouldn't see it as a way to make money and not bother making further research because they're so eager to invest and make money.
If a person comes to me and ask then I'll gladly educate. Everyone out there is looking for a way to make money and half of those people might see Bitcoin as a way to get rich ASAP while the other half may think it's a scam.

Whether the price is cheap or not we need to understand that investing in Bitcoin has some level of risks that we need to know or else, we might blindly invest in Bitcoin and end up losing because we don't have good knowledge about what Bitcoin is and what it does or capable of doing.

The market is very volatile and that pose a level of risk to those who do not know the next step to take especially when they keep making loses in the market. If we are swift and have good understanding of the market, even though we are making loses, we can still be patient enough that will make us to take a good decision as an investor.

Best of luck man.
Hoping that the people you introduce to bitcoin get the reality of what it is and not accept with the expectation that their life's problem will end as a result of investing in bitcoin. Bitcoin is for everyone. I don't know how you introduce them to bitcoin but you should go more than talking to them about it orally and finding out how each of them that shows interest would like to know about bitcoin. When you do, get them the resources that will help them understand the fundamentals quickly.

don't worry and calm down no one will try to stop what you want to do except yourself.
i salute your intention, in my opinion introducing and teaching those closest to me is good and it is very time-consuming, let alone introducing and teaching the wider community.
but keep in mind if you want to introduce and invite the wider community to invest in Bitcoin you should have a mature and sustainable preparation and plan to explain and invite them. don't think that only with talk and then people will just believe it, because you will be faced with people who might be interested in Bitcoin and maybe even people who are against Bitcoin.
apart from what you say which must look convincing, people sometimes also need evidence and guarantees. maybe if you can prepare all that then maybe you will succeed with your plan, good luck.

Along with the fear of being blamed, many people do not want to share bitcoins with others for privacy reasons, they do not like being harassed or prying into their private lives. Moreover, there are still some countries that ban bitcoin so many people won't want to share it with others because they don't want to get in trouble with the government.

Sharing bitcoins with people around is a good thing because it is also the best way to make bitcoin popular, but everything has its pros and cons.
If you are not afraid of others blaming you, not scared of losing your privacy, then you are doing the right thing in the spirit of a bitcoin investor.

Oftentimes the truth is in between the parties: some people are too enthusiastic about bitcoin so they ended up talking about it like it's the solution to all the world's problems; on the other side we have people who know zero about the financial system and bitcoin so they expect to make tens of thousands of dollars in a few weeks/months and can't accept the fact that there could be a bear market... The best decision is just to introduce them to bitcoin, explain a little, and them they're supposed to learn and decide whether investing or not. 

Personally, I am also a person who often introduces this market to friends and relatives, but what I learned in the process is that it is suitable for the audience, not everyone is ready to receive something new. Not only with this market or bitcoin but looking at many other things in life as well, lack of beginning is a major barrier followed by wary skepticism about things that are inherently not good because of ignorance, and a loop.

Similar to the chicken hatching from the egg, I've found that when people can afford it, they'll find new things on their own (maybe a bitcoin opportunity) so sometimes just let them experience it, and when it is possible that the eggshell is removed, those people will have to adapt to something newer. After that, I found it better that those who went before had experience or built a clean space for the newcomers to have a less negative and more positive view.

It's okay if you introduce people to Bitcoin because you see the upside people can get if they want to use it. That's good because at least you've tried to introduce Bitcoin to them and it's up to them to want to use it or not.

The important thing is that you don't force them to follow your advice because each person has their interests. Maybe they don't want to follow your advice, but a few months later, they will come to you asking for more explanation about Bitcoin. So you also don't need to expect too much from them and always focus on yourself.

So keep up the good work and hopefully, more people will become interested in Bitcoin and follow your advice. And don't forget to accumulate more Bitcoin than just introducing Bitcoin to them. Leave the decision to them. We just introduced Bitcoin to them.

I respect the OP's decision but I prefer not to advertise bitcoin, firstly because I think it is good enough in itself to be adopted more and more in the long term without me actively trying to convince people and secondly for security reasons. I prefer people not to know that I have bitcoin, because you never know who might find out and try to rob you. Every cycle bitcoin is being used more and more and is even being bought by institutions, it doesn't need word of mouth, in my opinion.

I used to talk about Bitcoin back in 2015 or so. And most people assumed it was a scam and never got involved in it. In 2019 most of my friends assumed Bitcoin was long dead.

Then the bull market came and everything changed. They kept asking how to buy it, how to buy NFTs, how to trade on defi, about alt coins and everything.

So it’s funny that when Bitcoin was down everybody assumed it was a scam and didn’t buy. They bought during the hype at the top pretty much.

Huge emphasis on if. If everyone simply did that then all these people wouldn't have got burned in the past bull-bear cycles. But alas, most people are simply not fit for investing.

I have learnt from previous experience, not to initiate the conversation about Bitcoin.. with family and friends. They will come to you, when they are serious and ready to buy Bitcoin.

They know that I am knowledgeable in all things Bitcoin... and they see me as the "go to" person for Bitcoin and Crypto currency matters. You do not have to force Bitcoin on to people... because they will blame you, if something goes wrong... let them come to you, so that they will blame themselves if it turns out bad for them. (Just help them not to buy into Ponzi schemes and scams)  ;)

I also believe in bitcoin's future upside potential but please don't say that investing in bitcoin is risk-free. The higher the return, the higher the risk, they are always proportional, so never make misleading statements to others when you have no proof for what you say. If you can look at the chart and see that the market is going up, remember that you are not the only one seeing it. And if the market were so predictable, there wouldn't be so many losers. Investing in bitcoin has helped many people change their lives in a positive way, but it also made many people lose their money and fall into a dead end. This is a financial market, where there are winners and losers, there is no such thing as a win-win game.

telling people about bitcoin is of course fine as long as you explain to them the benefits of investing in bitcoin and the risks of investing in bitcoin and I think it would be even better if those who are interested in investing in btc are invited by you to join this forum so they can learn about btc in this forum. because I also feel the benefits of joining this forum, my btc investment runs smoothly and well.

They see risk in Bitcoin and did not invest in Bitcoin years ago when Bitcoin was like a newborn and vulnerable to death. Now when they feel regret about their missing chances, they look for other opportunities. What do they find? Altcoins are their destinations but they see high chances with them and unfortunately ignore high risk with them.

At the end, they lost with altcoins and still miss Bitcoin and their missing chances in past years.

If everyone can be an intelligent investor and succeed with their investment, who will pay them money for profit?

The market is zero sum game so money will change from losers to winners. If we all are winners, is it realistic? There must be losers who pay the cost, the profit for winners.

What's there to be scared of? It's not like you are going to "force" them to buy bitcoin. You don't even have to tell him to buy bitcoin. Just introduce it to them. Those people that have "lost good relationship" with the friends and families is very likely because they "made" them invest in bitcoin, or gave them false hope. They didn't explain them the risks associated with investing in crypto currencies properly. They very likely made it sound like they can get rich overnight. I wouldn't be surprised if they made them invest in shitcoins. Teach and preach about crypto currencies, but also make sure to spread the cons and risks too, not only the pros.

You are a really brave person, and for sure you'll still haven't encountered a person who keeps blaming you. You introduce him because you know there are kinds of people whose mindset is to blame anyone when they lose, etc., and I want to avoid this kind of person as it affects me a lot and I'm not comfortable with it. Though it is your choice, which is still good, and that is what you prefer, we won't stop you about this as you really want to help others.

Trading is a zero sum game while investing is a positive sum game — but something being a positive sum game doesn't mean that everyone will win. Positive sum doesn't mean everyone will win — but majority of people can win.

Bitcoin is more than just making money out of investing and holding. If you tell them that bitcoin = money, then you are giving them false vision of what cryptocurrency is. It is also about creating, learning, developing for example. If you teach them that if they would buy, they would get more money, what makes you different from people who offer to buy stock or bonds. You can teach them then about anything that gain value with time.

Investing in the stocks of a company, for example, one that manufactures auto is not a zero-sum game because the company produces goods, namely auto, and creates added value.

Investing in Bitcoin, on the other hand, is purely a zero-sum game, minus transactional costs. Understand that we are not building, producing, or inventing anything in this process.

In situations like this, the best way to avoid being blamed is to explain how unstable Bitcoin can be. This is where many people introducing Bitcoin go wrong they keep portraying Bitcoin as if it continuously generates profits with no losses if you are introduced into a business with this pattern, you will undoubtedly enter it, and if anything should go wrong, you will undoubtedly blame who introduced you. I also enjoy introducing Bitcoin just that I will tell you everything and allow you to make a choice yourself, and also tell you about the security and other basics, in my opinion, we should make everything plain while explaining Bitcoin.

         First of all, you need to talk about the minuses and risks, but it just doesn’t start with this, but about what great prospects there are. So many fairy tales will be sung that people really begin to believe in the ease of making a profit from such an investment.
         As soon as I personally talk about all the minuses, I see some kind of disappointment in the eyes of people. Maybe at least they got acquainted with the blockchain technology and its derivatives, and only then did they draw conclusions? ???

Educating people about Bitcoins is different and advising them to invest in it is different. There is no problem with educating people about Bitcoin and it’s benefits. You should always teach people that through Bitcoins they can independently handle their finances. Now whether the person whom you are teaching will invest in Bitcoins or not will completely depend on him. You taught him about the advantages and disadvantages, now you should also tell him that he will be also only responsible if there any financial loss happens.

In fact, it is difficult to force anyone to buy anything, you can recommend it, but anyway the decision should be made by the one whose money.

If someone advises you to buy Apple shares now, you won’t buy right away, you will first try to analyze and understand whether it can make a profit for you. But when it comes to financial advice, you have to be very careful, what's the point of giving advice to someone, and in the end you don't know how competent a person is and how he can use it, even if you tell him about all the risks that you yourself know about.

Instead of explaining the concept of BTC to people as being an opportunity to make wealth, but with risks that they will be responsible for, rather explain BTC to them as being a censorship resistant and permissionless currency. If the people are interested in BTC as a currency that is different from fiat which is pro censorship, they will learn more about it, including its fixed supply, demand and volatility which an investor can take advantage of and make revenue, this is how to introduce people into the BTC network.

People who are already online must have heard or come to see the excitement that the crypto industry has generated so far...so in all probability not knowing something on Bitcoin can be remote these days. Now, there is nothing wrong with telling people around you about Bitcoin as long as you are presenting it in a balanced way - including the possible rewards and risks plus some history and probability of the whole industry we are in. Also I am suggesting that  you also talk to them of the many possible scams and frauds that they might come around anytime so they will not become one of the growing statistics on this matter.

Indeed, there are many people when recommend bitcoin to others who focus only on the huge profits that bitcoin brings, very few will emphasize the risks that bitcoin poses to us. But there are also people who are very stubborn, know they are wrong but always find a way to blame others when they fail, they never admit to themselves. So honestly, I don't recommend bitcoin to anyone either, I don't want to get in trouble and waste my time.

I'm one of those people who doesn't want to explain bitcoin unless someone asks me. If someone were to ask me about bitcoin, I would definitely answer to the best of my ability, but I would not recommend that they invest in bitcoin unless they are knowledgeable about bitcoin.

Even though bitcoin has a price that always goes up and reaches a new ATH, when the market goes bad it can be so severe that the risk for new investors who don't know about bitcoin price movements will have a very big risk. I don't want to risk teaching them about bitcoin investing and trading. But if they ask for my opinion I will give mine but the risk and choice is still theirs.

If they force me to teach about bitcoin trading maybe I will teach them and I will tell them to try to buy with less money and will give a warning not to buy with much money before they know how bitcoin trading works

yes, I think it's a good decision op, and maybe many of us also invest in btc because friends or relatives tell us, and finally get benefits from investing in btc, but there are indeed many people who are afraid to tell people about bitcoin, for fear of being blamed even though if we explain to people about btc properly and correctly we will definitely not be blamed as long as there is no element of coercion. so as long as we explain about btc to other people it doesn't matter as long as we explain it properly and correctly and there is no element of coercion.

I didn't suggest investing in Bitcoin is without risk, but today is different. Bitcoin's price is still relatively low, and you will eventually be profitable. I'm not sure why you said Bitcoin is risky, because the only risk I view is when the price is at its peak and then you decide to buy. However, even if the price drops, you will not lose money if you do not sell it. I believe in Bitcoin, and it all depends on how you look at it.

That might be one way but I doubt its effectiveness. I mean we are all interested in bitcoin for profit, there are very few people who care about bitcoin as a currency. So if you recommend bitcoin to other people but just talk about how it works as a currency, they will immediately ignore it. You want people to pay attention to your word, you need to provide what they need and profit is something that no one can refuse. In my opinion, if we want to share bitcoins with everyone, we need to select the right audience, not massively.

OP, if your friends have internet, tell them the code word "Bitcoin", I don't think Bitcoin needs advertising these days. If there is no Internet, as it was in your case with the lack of constant electricity and, accordingly, the difficulty of accessing the network, then there is no point in wasting time.
But seriously, if you speak enthusiastically about Bitcoin, people will get the impression that if you teach, then you have great success. But among people, there are not always those who want to achieve something on their own; there are times when people like to take from others what they have. Do you need such problems? I wonder why there are so many teachers. It reminds me of a religion that drags people into their faith. Let people be independent, take their risks, and make their own choices. If you want to help someone, give them money; this is where you will be at your best. ;D

I agree with you, so in this case in explaining to people about BTC have to be wise and there is no element of coercion especially if are involved in a fight, so as BTC investors of course we have to be able to explain it well and wisely, so that later are not blamed when your friend we have a loss.

and don't forget to also explain to people that if you want to invest in btc have to use money that is ready to lose and it would also be even better if suggest someone who is interested in investing in btc to start with small capital first, for the learning stage.

People can be told about bitcoin talking about bitcoin and investing are not the same thing but giving good advice to invest in bitcoin is the right decision. I think the best way to start investing in anything is to define your financial goals. You don't necessarily have to buy whole coins, you can buy fractions and monitor it, you can always add at any time. I have many people like that know that they used that strategy and accumulated a decent amount of crypto without the extra cash they were using. These should be explained well and if the right investor can not be in a hurry and wait patiently.

You are absolutely correct sir. The both as you have said are two different things entirely. You educating people is just like teaching them the whole process of Bitcoin and how it evolves so as to get them equipped with knowledge before they think of anything about it or possibly on their own as not to get into any issues in the future. Like the saying that says knowledge is power. This is applicable when they have such information on Bitcoin at the tip of their fingers. It would help go along way.

While advising to invest is solely done at whom ever you are unveiling into the system. It is safe one does not talk them into investment because if they do and anything happens, they would be held responsible and if it be as a result of one's ability not to look into the situation before they go further to give advice, then the problem would be on their head to sort out by themselves.

That is why it is advisable to tell them to do their own research before engaging.

Of course you will start with the opportunities and benefits of Bitcoin when introducing it so people would be interested to it. People love to be spoon fed with information that they think are easy money. So if you forgot to mention its risk definitely they would come back to you as they lose their assets. If that's the case you have some partly fault since you didn't gave all the information about Bitcoin which is pros and cons. But if you provided all those information and still they blame you for their loss? Nah, it's your fault man as you stake your money you should researched a lot about it first and started with small amount. I don't know it's true that introducing Bitcoin is an advantage but the hassle from brain dead people is much worse.

Many people complain because you failed to inform them of the risks involved. When I introduce someone to Bitcoin investment, I emphasize the risks involved, such as market volatility, regulatory risk, and cybersecurity threats. Emphasize the necessity of just investing money that they can afford to lose. Also, tell them how much money they will make if the market goes well. If you explain it to them, they won't care whether the market is going well or not. If he is interested in the investment, he will join you and invest as well, but often individuals only discuss the benefits of Bitcoin without informing them the other side of the coin. Because the price can fluctuate at any time.

Too much have been said about telling and I'll do this and blah blah blah.

Why don't you teach them how to use Bitcoin or order Shawarma and Burgers for them using it. I mean praticalizing and utilizing it in modern day to day would catalyst them and also convince them into using it. Investing gives it value so as day to day utilization of Bitcoin. Not just money or Bitcoin, People need love, care, kindness, compassion and also believing in them..

Teach them about Bitcoin but don't force them to invest, this as franky1 would always say. So when they eventually lose or forget to take profits due to greed, they come back blaming and faulting you for the exposure and awareness shared.
Risk are worth taking, they might be overwhelming to achieve immediately, but at the long run it does. Also patience is a virtue, do the best you can but also, not everyone can enter the Bitcoin Ship. I'll simply say it might be programmed for everyone,but it's not for everyone.

If this is your belief, I respect that. But just like the others concern if you can't stop telling them about Bitcoin you must be honest tell them about the risk as well, and then also introduce them the advantage so they won't blame you in the end.

It is because,  Bitcoin became a trade mark to the majority people who has zero knowledge about it that this was a scam. but for us who are deeply knowledgeable about this thing it is not of course.

Good for you. I can only hope that you are not charging people in your sessions introducing bitcoin like many so-called gurus are trying to do.

Personally, it's not that I am scared to get the blame if in case their investments fail to materialize, it's just that I want privacy and I don't want people to know more about me. And I also continue to tell some close friends about the potential of bitcoin especially on the financial side although most of them are not convinced. But many of them contact me during bull runs and some are just looking for some free treats.

That's gotta be not the great way to introduce Bitcoin to people and I am sure that some people told their friends that Bitcoin would make them rich and that's not yet introducing this forum itself. Be prepared OP to babysit plenty of people as they would ask you many many many questions over and over on why their investment is not doing something "new".

I know you put there that it is still their decision to invest to it, but before they made that kind of decision, they already had mountains of questions to ask to you. Not sure how large your social circle is OP, but I would choose people to tell Bitcoin......at least for now.

---

I had a horrible experience teaching people about bitcoin so there goes my few cents.

It's not a bad idea to tell people about BTC. The point is to tell those interested in learning not those who want to investigate ones pocket because they spend more without being at the mercy of the banks or financial monitoring agencies.
I have known alot of friends who never want to hear the subject of BTC because of the investment they lost as at the time it originated and gained users.

I only tell people who I know needs the knowledge to assist their businesses or education or any other pursuit that would require an application or use of BTC technology or currency. These days telling anyone what they aren't interested in can even get you hated more than loved.

I really appreciate that person activities when he promote Bitcoin. Bitcoin is a potential currency for the modern and digital futures. Bitcoin is a pair to pair cash system and it is totally this decentralized  that's why a person  can easily use Bitcoin for any quick payment and investment. when a person deposit his Fiat money on the bank then that money then they have no control on their money And since then he has to move within certain limitations.  But in case of Bitcoin there are no limitations so anyone can use Bitcoin as they wish without anyone being held accountable. So I support your promotion because everyone should have a positive idea about Bitcoin

Your friends only reach out during bull runs, but during crashes, you will be blamed for pulling them into the loss.
As you said, you just want privacy and don't want people to know about you and Bitcoin because it will hurt you in the end.

It's better to give information to someone who is really interested and knows the risks, rather than just a new person who is curious about Bitcoin and how to make money from it.

Anyone has the right to own Bitcoin, even minors are also not a problem.
But is there no supervision from parents or people who understand Bitcoin and the investments that will be made.

Using Bitcoin will look wise if you use it correctly, but if you only buy and sell at a loss it will only spend money for nothing.
Everyone has positive ideas, but everyone also has negative ideas

Also it depends on how they would take it. No doubt that most of the people having interest with this blockchain is because of the profit potential not knowing how things really works in this industry. Knowing what Bitcoin is won't be enough. Also with its usage which is still currently limited across countries since majority are still in doubt of its adoption. Indeed sharing about this technology is a good thing but it will always have two sides. Engaging won't be all turn out to a good outcome 'coz bad instances may do still happen such as people investing and losing due to market price volatility and eventually accusing this technology as scam and such. So I agree that we better choose qisely, to whoever we should share the information about this industry.

I don't think so anyone is scared of telling people about Bitcoin, it's just no one wants to share that they are indulged and invested in Bitcoin.
It's more of a privacy concern and security reason than feeling ashamed of being part of this wonderful community. HODLing Bitcoin > Gold.

If you ask my personal preference, I told some of my friends and then they told me that xyz shitcoin is better than Bitcoin. So, that may also be one of the reason people don't share it.

They must come to you when the bull comes and all change when the price soars, for me people like this are no longer strange, I have experienced the same thing many friends come when the bull comes but when bearish he is silent never asked at all. Lol

It's not strange anymore, I think people like this are still around you, when prices are high they buy but when prices fall and experience losses they will come and ask how to overcome this loss.
That's the person with greed and never fully learned about bitcoin.

If any bitcoiner is scared because they don't want to be blame if anything goes bad then the bitcoiner is to be blamed, it means he or she sweat talked about Bitcoin that makes the investors believe that there is no risks involved at all, what is there to be so scared about? You are free once you tell them the risky side of Bitcoin before telling them the good side, you are free if you teach them and make sure they are the ones that do the purchase themselves, you are free if you are not the one that help them to keep their Bitcoin.

I don't think I will ever stop telling people about Bitcoin, I will only make sure to avoid some certain people like those who are completely illiterate,  there is no amount of explanations you can make to such people they will believe you are up to no good.

It is not only about being scared to get blamed if they ever introduced it to their relatives and friends. But it's also about protecting yourself since there have been cases in the past about the $5 wrench attack. If you do like to keep yourself safe from those attacks after telling people about Bitcoin, you need to minimize it in person.

The risk will remain as an investor but the greater risk is also there. As you've said, it is money and everyone needs money and those that are not in the right mind might do something crazy just for it.

Just like what people does for money, they can do such things like stealing and robbing it from other people. It's also possible to happen in Bitcoin if there's a physical interaction that might force and hurt you.

There are countries where Bitcoin is ban and you may land in trouble if someone complain to authorities that you are advocating about Bitcoin. This is also one reason why people are scared of telling about Bitcoin to others.

Bitcoin is not for weak heart people, as it can go in both directions. The truth is Bitcoin is a good investment and will never disappoint you if you choose it for investment. The only thing one need to take into account is that it takes time.

Regrettably, I am unable to openly promote Bitcoin in my country due to its legal status. Instead, I discreetly share information about it with only those closest to me. Revealing myself as a Bitcoin user could lead to trouble with law enforcement agencies in the future. However, when explaining Bitcoin to someone, I make sure to inform them about the associated risks, as they might hold me responsible if they experience losses in the value of their holdings.

I only introduce to people that I assume they deserve to know it. I avoid to introduce it to the people who are fiat lovers who are not open minded. I don't want to argue with people who don't want to understand each other and have no intention for a better life.

Sure, Bitcoin is a currency but we are talking about Bitcoin as an investment, right? An investment is needed as well because it may improve people's life.

Actually, we are free to introduce it or not. But it is the right decision to help spread the adoption of Bitcoin whether it is as a currency or an investment. But make sure we don't force people, let them decide everything themselves. If they decide themselves, they won't blame us when they fail in the future. Also, joining an investment should be with own intention, no compulsion for investing.

It will depend on personal preference. And actually this is a decision and a good step to introduce Bitcoin to people. because after all, Bitcoin is a valuable thing, which the more people know about it the better. But indeed sometimes, this path is also full of dilemmas. On the one hand we introduce Bitcoin, but on the other hand, sometimes people's expectations are too high. Or because of our explanation that leads their opinion to think and have such high expectations. Because of that, we also need to consider what is the best, right, wise, and safe way to introduce Bitcoin to new people.

I don't think much for others. When I behave appropriately on social media, posting crypto-related images, I do so purely out of satisfaction. I never ask, but if anyone asks me about crypto I will answer. So I'm not going to start telling stories, let them ask. There was a fear when I told the story it would be wasted. Those who are curious tend to ask, chances are he who asks will be more serious about learning and understanding crypto. In addition, he will not give up easily if he tries.

Well, I'm not sure how you tell people but honestly, I couldn't really imagine saying it is easy to educate someone who is not interested in one thing. Of course, you can just say - "hey you know Bitcoin? " Hey, this is what Bitcoin is all about". But what I was expecting from saying telling people is for them to understand clearly and educate them, not just by spreading the word Bitcoin without understanding. I could really assure you that no matter how good you are at telling people, rejections are really going to happen. I'm not afraid to be blamed but I just wanted that if I told someone, I was expecting that he would listen and follow what I say.

Your intention is good but I don’t think other people will have the same mindset on you. And even if you tell them about the risks aside, the fact that you introduce bitcoin to them and they’ll see that it has made you who you are today, then that will be their prime reason to believe in bitcoin too.

The first investment maybe good and profitable, but since they invest without much experience in the market then we can expect that sudden price crash will create a negative impact to them, thus making them fear to continue their investment and end up losing them in the end. And when it happens, you’ll be the first person that they will think the one to be blamed because you never warned them in the first place.

That’s expected already as they will never experience the loss in the first place if you never introduce them and convince them to invest in bitcoin. So even if you clear it out about the risks that are associated with bitcoin investment, they will no longer remember it anymore because all they want is to find someone who is responsible for their losses.

^ That is admirable.
Introducing others to BTC based solely on your success story probably leads them to invest without fully understanding the risks involved. The initial investment probably yields profits, but without market experience, a sudden price crash could cause significant losses and deter them from continuing their investment journey. Consequently, they probably associate you with their financial troubles, feeling you did not adequately warn them about the potential risks. Instead, it is crucial to promote important investing, educate others about the market's volatility, and encourage them to make well-informed decisions that align with their unique financial situations and risk tolerance levels.

When it come to business or any kind of investment, I think people should know that there is risk and there is gain so Bitcoin awareness isn't something one should take for granted because alot of people have been mislead to wrong investments because they weren't properly guided on how they ought to invest. Remember when introducing people to Bitcoin, do not forget to inform them about the risk which is an important key note, the gains when you do a very good investment, and how much time and patience they need to wait so they can make profit but above all, always encourage them to invest with the money they are willing to keep for sometimes and they should get property knowledge of what they want to invest before investing.

No problem telling people about Bitcoin. Wouldn't not want to talk to people.  But to do this you have to start first by talking to them or sharing with them stories of people who lost their bitcoins as a result of one their negligence, two their carelessness and 3 there the risk involved. When he starts with the risk at the top of your explanation move downwards slowly before you talk today about the rewards pure this way their hearts and their minds are all really really to faces whatever bitcoin has for them.

When making up some introductions then it would really be something better to be on this way on which hooking them up initially on how to make money or profits because it would really be just that normal for a person to get interested on the time that they would be hearing out on how to make money or earning it on which it is likely that they would really be hooked up and would listen but of course later on you should really be telling the cons or disadvantage and risks on making out investment so that they wont really be blaming you out on the time that investment would go south.We know that this market is volatile and never ever that give out guarantees on making profits unless if you do hold for too long or many years then you would really be seeing that possible income but we know that not all people would really be having that kind patience when it comes to waiting game and this is why they would really be making out those steps on which it might be resulting into disaster. Its better not to make yourself having those kind of guarantees if you dont like on getting blamed out. Telling Bitcoin or crypto to people do really adds up that recognition and awareness of its existence but due to regulation and some behavior of some people then they arent really that listening on whatever they do able to hear out.

You can do it - but you must withdraw from any sense of responsibility for their loss and gain. You can spread information about bitcoin to anyone ^{[friends, family, or anyone in your social community],} but you should not be responsible for the consequences. Bitcoin trading and investing is clearly high risk - but the potential returns are just too tempting, but they have to learn instead of being too keen to invest in them right away.

Op has not encountered any problem and accusation so it is easy for him to  burst himself. And it is not by force to tell people about bitcoin. In this days things are easy to say than action. Op when you introduce bitcoin to someone and the person loss all his investment in the process, ehn, you will be accused or blame of the person lost.

It is good from OP and it is kind of responsibility every bitcoin user needs to have. In reality different people have got different experiences while sharing information related to bitcoin and other cryptocurrencies. This might've stopped most of the people from not having discussion about bitcoin. Till date the spread about bitcoin and growth have taken place mostly through the word of mouth. In recent years individual businesses for their profit have advertised about bitcoin. So, lets not forget how things have happened and continue to support it.

This is me when someone asks about bitcoin, but i never and will never initiate to tell people about bitcoin especially in investment because i don't want to be blamed when their investments failed. They will just ask what coins are your holding now or i'll just ask a question something did you buy xx coin? It did great just past few weeks. But i will never tell them what coins they should buy when to sell/buy for the same reasons.

This is true. People always stay positive and wants good return. With crypto investment we can't be sure of the market move happening the next minute. When our suggestion brings good money the credit will be taken by the individual just for investing their money and when the predicted growth didn't happen the blame comes upon us.

I personally give them the basic understanding about the existence of bitcoin and cryptocurrencies. Further if they are interested they used to ask more information regarding to it. Further the choice of investing is theirs and I never get into it.

I stopped telling people about Bitcoin a long time ago. Everyone around me is already knowledgeable enough, there are even very good traders. They know everything. There are many who see Bitcoin as gambling or risky stock market. Instead of getting into a Bitcoin discussion with people like this, I just nod and move on. 7-8 years ago, I used to tell Bitcoin to every person I met, but I don't need it anymore. Everyone knows more or less what Bitcoin is now, and those who are really curious about the details research it themselves. I also wouldn't give any investment advice to anyone.

I always want people to know about Bitcoin and invest in it. I want to educate people about Bitcoin who will know the positive aspects of Bitcoin and be interested in investing. Bitcoin should not be taught to people who will blame themselves if they lose a small amount of money investing in Bitcoin. But I will definitely discuss Bitcoin volatility in detail with those I teach about Bitcoin if they avoid investing. Many people think the opposite when they are told about Bitcoin, they think they will lose money if they invest in Bitcoin. But if the investment is done at the right time by following the Bitcoin market then surely one can earn good amount of money from it. So one needs to be aware of market volatility and risk regarding Bitcoin before recommending to invest in Bitcoin. If people are interested in investing in Bitcoin following all this then it's their decision, Our decision is to talk about Bitcoin to people.

Do you have a desire to introduce people to bitcoin? - sounds great. I hope this will be about the bitcoin's technical aspects and not the financial ones. For it is necessary to talk about bitcoin primarily from this side, and not as a tool that can solve the financial problems of everyone. Bitcoin is not a magic stick that can turn everyone's life into a fairy tale. You need to be able to use this, and this is where the technical basics come to the fore. Just don't forget, before you start talking about bitcoin others, thoroughly understand it yourself.

They have everything available to start without needs to talk in person, learn in person with you or anyone else. They can learn with free courses, online articles, blog posts if they are ready to learn about Bitcoin and trading.

When they need to ask senior experienced people, they will find you and bring questions to you. If they don't spend time to learn with available resources, they are not interested in Bitcoin and surely if you proactively talk to them about it, they will skip it instantly.

This way you will be able to use your time and energy for more meaningful conversation with people who want to learn and proactively knock your doors for help.

I appreciate your passion in spreading awareness about Bitcoin. And I hope everything goes well there. I personally already have an environment where people are more familiar with crypto and bitcoin. Because maybe there are more young people here. So that knowledge about technology and new things is very easy to accept here. So I don't need to be too enthusiastic about spreading bitcoin knowledge to people because maybe people around me understand much more than I do. ;D
In my country, the government and citizens seem to have high enthusiasm for crypto. Even recently our country just launched our own state owned crypto Exchange.

I have problem with people about Bitcoin that's why I limit spreading anything about Bitcoin to others, I was not alone when I was struggling and after my first success through Crypto few friends that we went to same school came to me for some Bitcoin lesson, I believe I got lucky with them because they don't care much about the risk.

But there are some certain number of people that I shouldn't have introduce to Bitcoin, I did the right thing by telling them all the risk and when to buy Bitcoin, also what type of money is good for buying Bitcoin but now they failed to keep up, they are already tired of holding, after just 1 year and few months they want to sell.

Before this even happen, they have been asking me when the price will go up, and I get sick of it, I reminded them that I told them somewhere around 2025 but they pretended to never remember that part, I am pretty sure most of them sold their Bitcoin already, and I will wait for that long to show they how profitable patience can be.

We all know that sharing bitcoin with those around us is a simple yet effective way to make bitcoin more popular and once demand increases so does the price. It is easy to say but difficult to do because no one wants to be blamed or cause unnecessary misunderstandings for their relationships. So very few people are willing to trade off those things for sharing bitcoins with others. OP is really a brave one among us because he can take those risks to talk about bitcoin to everyone.

Unfortunately people are stubborn and impatient when it comes to money. Just the idea of earning makes them so giddy that they cannot even wait for it come. It's unfortunate that some of these people even blame us for it when they are the ones who cannot wait and listen. Still, kudos to you for taking the time to share Bitcoin with others.

Yea, I agree with you.

You know that human beings at times are so conning, and even after telling them about the pros and cons of Bitcoin, they will still find a way to blame you, just because they wouldn't have anything to hold against you because you were not the one that forced them to take out their money against their will to invest in Bitcoin. I have realised that if you teach someone about Bitcoin because you feel you want to do them good, most of them will not appreciate it and they will blame you if anything goes wrong, but if you teach Bitcoin to someone who really is desperately in need of the education, then you wouldn't have to bother about anyone putting blame on you for anything because they have already set out their mind to go along the rabbit run of Bitcoin.

The cryptocurrency market is ripe with potential dangers and rewards, therefore its vital that you approach this in a sober fashion. The results of acting on false information can be catastrophic.

I, too, once felt strongly about spreading the word about Bitcoin. Years have passed since then, when the idea was still novel and resistance was lighter. But the current scenario is a special difficulty. The media's propensity for FUD has led many people to doubt Bitcoin's reliability.


I've adjusted my strategy as a result. Instead of trying to persuade people, I've settled on being a shining example for newcomers to the field. I'm happy to impart my wisdom upon anyone who displays an interest. Trying to sway people's thoughts, on the other hand? I've made up my mind to avoid doing it.

When you go with this approach you're doing the right thing because when you force people to invest in Bitcoin as you want the best thing for them, you're making them go against their will and they haven't understood what bitcoin is yet. But when you allow them to make their own decisions if they'll invest or not in Bitcoin, you give them the opportunity to do their research and understand bitcoin better which will help them when investing in Bitcoin.

There's nothing wrong when you tell people about bitcoin, since you didn't force them but only introduced something new that could changed their life if they take your advice, you're not doing something wrong and don't get disappointed when some individuals don't invest.

The entire eco system of bitcoin has two face which is profit and loss and how you take advantage of the market is in our hands, and since the market is moved by news and other factors is another risk to the system. And telling people about bitcoin is good and have taking it upon my self to tell people about the basic and the risk behind investing in it, making it a thing of choice, a lot of people have interest in investing, and considering the profit it comes along with,  since the market is unstable fall in market should be expected anytime, investors are always emotionally prepared.

Normally, is not bad to tell people about Bitcoin, but the issue is that people come to invest in Bitcoin, but they do different things, some will head on to put their money in shitcoins and will get scammed or lose money in the process and after which they lose money they put the whole blame on the person who introduces bitcoin to them not knowing that they have done a different thing besides investing in Bitcoin.

Recently, If I should tell someone about BTC, I will give the person a list of risks that are associated with investing in Bitcoin and repeatedly tell them to invest with the amount of money that they can afford to lose.

It is easy to tell it to someone but you must be responsible for what you tell them. At least must be responsible with information, knowledge you are sharing with them.

If you do things related to capital, investment, you must be more careful. It is their money but if they invest and lose money, they feel disappointed and might knock your doors to complain. You must prepare your mind for such pitty situations which I am sure you will not want to face with. It is headache and unneccessary to deal with. If they get rich, they might forget you and how you share them opportunity, but when they get loss, they will always remember about you.

It is not my financial advice for you and I only share you information that you must do your due dilegent research to verify my words. Lastly, if you invest, it is your decision and you are responsible for it with whatever results at the end. Always afford to lose before you invest.

I will say like that.

When you tell people about BTC, you somehow carry a vague responsibility. If you feel that way, you must also tell them to sell to take a profit when the bull market is almost over. The blame will be worse when the person you convinced to invest in BTC is your close friend. You don't wanna lose that trust and friendship.

I feel ashamed of one of my colleagues when I told him to buy XRP back in 2016 and not send a notice to sell when the bear market started in 2018.
I took the responsibility too. I always remind my sister to sell the coins that I sold to her because I don't want her to suffer the same fate that I did in 2017.

We can still tell bitcoin for everyone, but it's best to emphasize the risks rather than focus too much on the returns. And it should also be emphasized we only give them the opportunity, but whether they know how to seize it and turn it into money is up to them, we can't help them do it.

In my opinion, just advising them to invest with the money they can lose is not enough. You need to hold them accountable for their decisions, because if an investment is profitable it is their profit, so if it is a loss it is their decision, not yours. Let's try to make it clear that we are just the ones who bring the opportunity, it's up to them to win or lose.

It doesn't mean that if you introduce Bitcoin to someone, they should already buy or invest some of their money in it. Remember, if you are introducing Bitcoin to someone else, you should be telling them the risk of investing in it by explaining to them that the price of Bitcoin is not always a win-win situation. Explain to them that Bitcoin's price is volatile, and you can not say when it will go up or down.

If you ask me, I will only introduce Bitcoin to people interested in learning more about Bitcoin and other cryptocurrencies before they buy it because I don't want to look like I am pushing them to buy it. That's why I only want to talk to people eager to learn more about it rather than to people only looking for easy money.

I think by observing risk and reward ratio of Bitcoin its really beneficial to tell others about Bitcoin but you must teach them what are the pros and cons, how he may lose it or make it secured, how to be anonymous and how long he should hold it. If you miss any one them or just telling about the advantages of Bitcoin to others then you are doing worng. Tell every basics regarding Bitcoim what he must know.

I also tried to spread knowledge about Bitcoin among my family and friends. But I have shared every risks and rewards of gaining it so that they have a clear vision on it. I can't play with others money or investment. But recently I have stopped doing so because I was forced by the government rules. They published that anything related cryptocurrency is illigal. So I am just for the better days to spread more a about Bitcoin. And hope it will come soon.

That's why you must remind them about the risks. And they also must understand that you only share the information and it is not a must to follow it. But if they want to try investment, you must tell them that you have no responsibility with the potential risks. DWYOR is the common words to remind every crypto investor about their investment is with their own responsibility.

I always do the same way even it is to my close people. I remind them DWYOR.
Sure, it will be more complicated if the close people blame us. We all know it easily ruins the friendship or brotherhood if it is about money.

You copy paste your previous post https://bitcointalk.org/index.php?topic=5461343.msg62615329#msg62615329.
Why should you do this? That post is also OOT, dude. ???

Don't forget to teach them about the risk of investing in cryptocurrency, you teaching them wrong just saying that go and buy Bitcoin and then you might get lucky and possibly earn a good amount of profit, well it might work but doesn't exactly work like that because investing on Bitcoin is one of the riskiest investment that you could make because of the volatile market price. If you don't teach them the risk they just think that it is easy just waiting and then think that it is going to give them profit in the future, it's difficult to believe in bitcoin if you don't really understand the market cycle and how bitcoin works. They would just end up losing a huge amount of money and surely going to blame you in the end. The trick, in my opinion, is don't teach them because there are surely going to be dependent on you, that you should do is make them figure it out on their own because it wouldn't really make sense if you're just going to spoon-feed everything.

To be on the safer side we should not give suggestions on investment. We need to just give the introduction and further direct them towards the available sources. Let them choose what is necessary for them. When we give suggestions, surely the blame will be on us if the same didn't profit. Opposite thing happened with me, I introduced cryptocurrency to a person and never suggested on investment over particular cryptocurrency. He chose something on his own and was lucky to make good money, and I supported him to buy as he doesn't have the proper knowledge back. Once after booking good profit he never said a word on it later. So we need to introduce and never expect them to be good with us.

If we only talk about the advantages, emphasize the profits, and ignore the risks of telling bitcoin to others, we are doing them more harm than we think we are helping them make money. Yes, bitcoin is a riskier investment, if not the riskiest, when compared to traditional investments. But many people are under the illusion that investing in bitcoin is risk-free, it will always profit them. Don't forget that the higher the return, the higher the risk, fantasizing too much about bitcoin is like killing yourself.

If that is a risk that you are willing to take then that is on you, we cannot really blame bitcoin holders for remaining silent about their investments these days, as not only you could be held responsible in the case someone else followed your advice and they lost money because of it, now criminals are realizing the value of bitcoin and if the wrong people find out that you are a bitcoin holder then you could find yourself becoming targeted by them and lose your coins to those criminals, demonstrating once again that the best thing you can do when it comes to your investments is to remain quiet about them.

Nothing wrong with telling people about bitcoins, especially people that are not familiar with crypto currencies are likely interested in the topic. It's always better to learn something from a conversation with personal experiences than to read about it in article. Also people might be afraid to learn about bitcoin as they think the subject is too complex, in a conversation we can tell them otherwise and encourage them to give it a try. In my opinion the most important thing when telling people about cryptos is to be honest. Don't only tell them about the success story and the large financial profit they can make, also tell them about the risk involved. It would be terrible if people rely on your recommendations and end up losing money. Just because something has risk involved is not a reason to not tell others about it.

I can have old school style but I like to learn with documents, articles, books than listening to podcasts, watch videos because I can not hightlight, bookmark important points. When I need to check back, it is hard to do it with podcasts and videos.

If I read articles, blogs, books before I join a conversation, I can ask more useful useful questions and get more helpful answers. Reading is like my preparation for face to face conversations and it helps me to avoid overwhelming information.

All things in investment, trading have risk, low or high and if we skip about risk in our conversations, we will make our information is unreal. Some people who are naive will believe us but most of rest who are well minded will question about accuracy of our information.

It is our failure if we get such suspiciousness from people who are introduced about Bitcoin by ourselves. It is better if we don't talk anything and let them to learn about Bitcoin naturally. If we proactively make introductions, we must do it professionally by not excluding risks.

Don't you think this is unfair on people that introduce  bitcoin to others as any kind of investment should be made based on having some extra funds to spare for miscellaneous activities such as crypto and even if it went to the waste one can't complain much.
Besides, good paying investments have high risk!

Rule number 1, do your own due diligence and don't rely on third parties.

Rule number2 , understand the risk!

Great job, Introducing  people to bitcoin helps in raising the demand..which translates into high value of the coin and is a win-win for everyone.

I want to know the first step for you to introduce bitcoin to other people using what method? Most people are familiar with bitcoin and although not everyone is involved in it. I mean the availability of internet has made bitcoin known all over the world but still many people have doubts about bitcoin for some reasons they don't know and there is no source that can explain in details. Often when we try to introduce this to others we must also have a broad understanding of bitcoin ourselves and have at least been directly involved in the investment.

It's entirely your right to introduce bitcoin to other people and to be honest it will be much easier to say than explaining bitcoin to other people, especially for those who don't know how bitcoin works. When your good intentions want to do that, be consistent and continue to provide an understanding of the risks as well, so they can see the whole story of how to make the right investment.

When I started learning about bitcoin, I was so enthusiastic about it that I started sharing my experience and the benefits of it with family and friends, but at a time, the negative feedbacks that I got from most of them, made me to think twice about promoting the coin. People have all sorts of negative perceptions about bitcoin in my country, likening it to all sorts of online scams like ponzi schemes and where people hide their loots. The government does not help matters as the central bank has put a ban on cryptocurrencies. So like you I don't openly talk about bitcoin, this days I only tell friends who are genuinely looking for investment options about bitcoin. I make them understand the gains and the risks involved in investing or trading bitcoin and let them decide.

I don't think it would be wrong for us who do bitcoins to teach bitcoins to others be it my friends or relatives. We all want Bitcoin to be used with awareness. We want to do the same as the countries in the world where Bitcoin is valid are working with popularity. If you want to earn money from Bitcoin then you have to invest in Bitcoin patiently. When you go through this bitcoin bad time you must be patient and through this patience you will get success one day.

It is a good idea to preach bitcoin to people, but make sure you are telling the people that are interested, willing and not by force, you should make sure that you pass the information as it is, don't add or remove anything and don't over hype bitcoin.

Also tell them how the market is at this point, and what the may face when they are fully involved in bitcoin.

Allow them to make there decision on whether to invest or not, because bitcoin risk is personal for the avoidance of blame.

Most importantly note Bitcoin is not for people that want quick money, it is for people that can endure the test of time, the people that succeed in Bitcoin, are the ones that believe in long-term investment, and this requires the ability to hodl and forget.

Bitcoin has never caused a loss for the investor who knows how to wait long enough. Contrary to what you said, I'm promoting Bitcoin more and more every day.

Everyone around me knows that I am interested in Bitcoin. I tell them about the stages Bitcoin goes through and how it never loses in the long run. A person who invests today will not lose in the long run.

Make your investment and wait. Bitcoin presents a buying opportunity for now. Even if it drops to 20 thousand tomorrow or the next days, nothing will change. In the long run, it will rise again and make its investors happy.

I appreciate your vocation and plan to continue making bitcoin reachable to the people, but let me clarify a couple of things. While the fact that we fear losing friends and family members in connection over a failed suggested investment, you seem to downplay it a little bit my friend. A failed suggested investment's consequences are losing connection with the people that you recommended it into, the worst could be incarceration and even threats to your life like what happened to some people in the past. If you think you could live with that then good, but do not downplay and invalidate other people's feelings and thoughts just cause you thought yours are superior over them. There's more ways you can bring bitcoin to the topic of discussion, recommending them to your friends and families is one thing. Perhaps these people who refrained from recommending bitcoin to their friends and families have done other things to help with the adoption of bitcoin? What of them?

Here I am not agreed with this it's never caused loss because I personally have different experience about this as few times I have to sell this just because of my emergency need specially while I was living without job and I need money, so I have to sell my bitcoins on less price, so you can't tell peoples it's never give you lost.

With in few countries now cryptocurrency is being treated like gambling and few are trying to ban this all which is also problem but still it's spreading which is a positive way which need more time and positive views about this for the newbies specially new generation peoples which are going into this all so giving them information in groups and as way of income is also good but with all positive and negative also needed to be shown.

Impressive! Your enthusiasm is truly inspiring and has a positive impact on the existence of Bitcoin. I'm certain that many Bitcoin communities greatly support your efforts as you strive to make Bitcoin more widely known among people.

However, there are a few things that pique my curiosity about your approach to introducing Bitcoin to those unfamiliar with it. What are the criteria you use to decide whom to educate about Bitcoin? Do you have a specific age target for this endeavor? For instance, at what age do you start introducing Bitcoin to people? Or perhaps, do you focus on individuals with certain educational backgrounds? Additionally, what methods do you employ to capture their attention and engage them effectively?

If I introduce someone to bitcoin, I will be completely transparent with them so that nobody can hold me responsible if something goes wrong. When some people explain bitcoin to others, they solely emphasise its benefits, the majority of them will concentrate on its potential for financial gain, they rarely discuss bitcoin's potential for loss. I always warn the people  I introduce to bitcoin that they shouldn't hold me accountable if anything goes wrong and that I'm not pressuring them to invest in it.

Have seen some people being happy because they were introduced to bitcoin, and some are sad because they didn’t meet what they were expecting, some people see bitcoin as a place where you can make quick money which is wrong, incase if they join and they didn’t make quick money they will end up getting disappointed.

We should know that if you are not planning to hold bitcoin for a long time then bitcoin is risky, but if we are planning to hold for a long term, then it’s less risky.

Not always good, I mean if you are in a country where bitcoin is banned completely. You are free to preach bitcoin to anyone interested in bitcoin regardless of whether you do it in public, face to face with several people or by holding a special class, but make sure you do not violate the rules of the country where you live.

So far I can preach bitcoin to everyone I think is interested in bitcoin, that's because my country has legalized bitcoin to some extent even though it doesn't legalize it as legal currency. But I tend not to start first if my interlocutor has never asked me anything about bitcoin. Some people become sensitive when introduced to something new, especially involving money. They were afraid of being scammed like the previous scams like ponzi schemes, so that's why I didn't start first without them starting.

I didn't do that OP. Teaching about Bitcoin should be done to interested people otherwise, you are wasting your time doing it. I'm not afraid to be blamed as they can't do it because as long as they will understand clearly, there is no reason of blaming you back from the mistakes and losses. But if you do this to the people who are not interested and just think that investing is 100% sure profit, you can really be expecting that.

Perhaps, nobody will stop you but the question is .what is the output of your teaching? Is it effective or not?

While this might be the case, people ought to be scared of that which poses no risk and gets to ask some serious questions. I feel bad for those who ignores all odds to preach just the goods that could come with the system and not prepare the minds of this wealth seekers that, it could go south or it gets bad at times. More so, I also imagine just how someone would be easily convinced that there are risk free investments in this world and still, why isn’t everyone diving in and getting rich.

People just have to talk to themselves, ask necessary questions and be scared of risk free investments because, that can’t exists. You’re always going to be met by some risk on the way and your income can never be consistent. Things would go wrong at some point and drop your sales or net profit and in a worst case scenario, loses.

yes it is about efficient or not the way it will be done. maybe the OP has a lot of time to preach about Bitcoin to everyone and look for one by one who is interested and then teach more about Bitcoin to people who are interested in what the OP has to say.
nothing will stop OP from introducing and teaching Bitcoin except in OP's country Bitcoin is still illegal maybe law enforcement there will stop OP.
I don't know, I think the OP is too excited and seems too dismissive and doesn't have a mature plan to do it.
I don't know whether the OP thought it was effective or not and I think doing it without careful planning and the unpreparedness of someone who conveyed it would be able to damage the name Bitcoin itself in the eyes of the public.

So true. The most important thing is that we only have to teach those who are interested and really need knowledge about this. Because telling people who aren't even interested in this could get us a negative response. But it would be really great if we could make people who weren't interested really interested after hearing our explanation. But it's not easy and it takes a good way of speaking or diplomacy in this case.

In teaching everything, anything must be conveyed as it is. Risks and potentials and everything that is included in this industry must also be conveyed properly. In order to avoid decisions based on hype and want fast money. because as you said that Bitcoin is for the long term. And people who are ready to invest in the long term are those who already have insight and have steady confidence because they see potential in the future.

Rejections are a part of the day-to-day life, you should first of all shouldn't encounter people for educating them about Bitcoin if they are not interested in it at all, but those who show some interest, you should go ahead and tell them everything you know about Bitcoin, both positive and negative so that they know that there are also risks involved if they think of making investments but there are more positive things than the negatives about Bitcoin and cryptocurrencies.

If you see during the conversation they are trying to counter question you trying to prove that you are wrong and Bitcoin isn't a good thing or something, that is when you should smile and end the conversation instead of wasting your energy on people that are ignorant and let them regret it in the future.

It depends, I mean, if they listen attentively to your explanation of bitcoin and then they make an argument from their bitcoin knowledge against you. It means they are interested in bitcoin but still have some doubts and it is your duty to answer their doubts, not to end the story abruptly. But if they are stubborn and ignore your explanations, it's time to end the bitcoin story to avoid wasting both of your time.

Bitcoin is still unfamiliar to many people, so once we accept that we want to spread bitcoin to everyone, we should prepare ourselves for rejection or criticism.

I am always somewhere in between telling people about Bitcoin and not telling anyone because I have learn a lot, while I was finding my way up I have meet some people that only knows how to discourage me, even after telling them the opportunity that comes with Bitcoin investment, so I learn to keep my mouth shut.

Now I make sure that you are into online hustles that can bring you money before I can tell you about Bitcoin investment, I am not going to tell you about Bitcoin if you are a store owner or a trader, their mindset is always on something else, such people are harder to confuse about anything so its like a stress to me.

In my opinion, it is not important to confuse people into investing in Bitcoin, since people will eventually start rushing into Bitcoin themselves, and most people look for short-term gains anyway, so bitcoin investment does not appeal to everyone.

You have to take risk to invest. If you don't take risk, you can't expect to get profit by investing. Many people are making money by investing in Bitcoin. Again, many people think that there is no possibility of losing money if they invest in Bitcoin.  It will be wrong to think. Profit and loss will depend on the market condition after investment. If you always invest with the thought of profit, it can cause a big problem for you. After investment, you have to accept both profit and loss.

If someone blames you for introducing crypto to him it means this person has no idea about what investment is and what risks you take the moment you decide to invest. It is relevant not only for bitcoin and other cryptos , but for everything we can perceive as an investment, staring with stocks and ending with peoples relationships. You always should emphasise that you have no responsibility for other people’s choices and you only can make their way easier, because you obtain knowledge and experience in crypto.

As for me, I'm not scared and I'm willing to teach everyone about it but what I'm worried about is when they put the blame on me when their investment goes the wrong track and there are lots of incidences where the crypto market has gone down due to the volatility and some of the investors who don't know what they have done, blame the others for their failed investment. That's why instead, I only choose those who can simply understand the risk of investing and I will gonna highlight the scenario where they can use their investment despite the fact it has a higher chance to succeed because bitcoins investment historically has a higher chance of success rate if held for long term.

That's exactly what everyone should do. Don't just go ahead and start convincing people that Bitcoin is good, it is profitable as an investment, it's anonymous, and it has many other useful features, etc. Let them hear about it themselves, do find out what it is and what it can be used for, and then if someone approaches you showing interest about it and asks you to tell them more about it, that's when you should go ahead and tell them everything you know including the risks involved.

If you go to people one by one, out of excitement, and tell them how good and useful Bitcoin is, they might not take you seriously and think that you are trying to promote something that will provide you with benefits if they join it, and people mostly tend to avoid things like that, that's why it's better not to do that.

Introducing bitcoin to people won't be a bad thing for him, but it is a wish for everyone who wants to do so. Even though bitcoin transforms people from zero to heroes, there is one thing we need to know before doing so. The first thing you should consider is whether the individual or individuals you are introducing to bitcoin have the money to support themselves as well as the intention to invest in bitcoin. These are the first things you should be aware of before involving someone in bitcoin, because I have witnessed many relationships fall apart only because of bitcoin, and we need to be cautious about it.

I didn't mean to imply that it was bad to introduce people to bitcoin, but rather that since we are all aware that it has both a positive and a negative side, we should make an effort to understand each person's character or way of life before doing so. Additionally, we should strive to explain everything about bitcoin to them so that if something goes wrong or the market price drops, they won't hold you accountable or place any blame on you. This is because all people find it challenging to understand financial concepts.

The initiative is punishable, you don’t need to take the initiative yourself and tell people about bitcoin. Why would anyone know that you have bitcoin? This is your safety, think about it, if someone knows that you have bitcoin, and one day bitcoin will cost a million dollars, then most likely there will be those who want to take it from you. I look at it as if you told anyone that you have gold, few people do this and the reasons are clear.

Bitcoin investments never make an investor lose but gain, but even then the investor loses a lot. Those who invested when the Bitcoin market reached its peak are currently facing huge losses. In that case we can definitely say Bitcoin gives an investor both profit and loss it is always risky and due to market volatility. But we know that the price of Bitcoin will be in a good position for a while, then the investors who are among the losers will get a profit if they wait long enough. But investors must have enough patience in this case and wait for a long time only to be successful. And since you are constantly promoting Bitcoin it's really great that you keep doing this so that people are interested to invest more in Bitcoin.

I personally still don't feel ready to tell people about Bitcoin. Because I personally am still in the learning stage and still feel I don't have enough insight to explain to many people.

Maybe one day when my knowledge of bitcoin has increased and I too have become a Bitcoin holder then maybe one day I will be bolder in telling people about bitcoin. But I would not dare to be direct to other people who are not emotionally close to me. So I think starting with our family and then working with our friends is the easiest step. We only have to inform and not to invite. So that everyone will still be free to choose whether to be interested or not in the end.

Do not let the people we talk to become uncomfortable with what we convey. And don't let us become people who are considered too fanatical by people because we are too passionate about spreading bitcoin awareness. So we have to do it naturally and not bother anyone we approach in this regard.

yes, it's very easy to say, but when it comes down to the field, of course, it's very difficult, because we have the potential to be blamed if he suffers a loss, but what the op does is a good thing as long as the op is ready to be blamed by the person he invited the op to when he experiences a loss. so in this case the op must be good at socializing and there is no element of coercion when teaching or inviting people to invest in btc.

If you really have the passion to spread bitcoin to people like you wrote in the contents of your post, then do it wholeheartedly. Because for me personally, doing that still feels very heavy to do. Because I personally have many considerations to be able to spread bitcoin to many people. It's like looking at the character of the people, seeing how they view things that are digital, so basically I look at the situation and conditions that exist in the environment where I live first. Then the result, the situation and conditions where I live, is not conducive to being taught about crypto currencies like bitcoin. Because the majority of the people around me are farmers and the majority are very clueless about technology as they are about digital things. So in that way, for now, spreading bitcoin where I live is arguably still very difficult.

It's not that it's absolutely impossible, but if you force it, the results will most likely not bear good fruit, and if it's like that, the newest one will be myself. So for now I prefer to be silent and keep a little secret from the people around me (except my family) about bitcoin and cryptocurrencies. Unless someone comes right out and asks me about bitcoin, I'll be more than happy to explain.

In my personal opinion, bitcoin cannot completely change someone's life for the better, because you need to know, not everyone who invests in bitcoin can benefit. But surely there will be, people who will get the loss too. So I will give advice to you, if you really insist, want to spread bitcoin. Don't forget to always be careful, and don't overly impose your ideology (about bitcoin) on other people.

You made a good point here. Though I would like to add that there are also those who push the blame to the ones that introduced Bitcoin to them. Like those who lost a big sum of money due to their greed and irresponsibility and blamed it to the one who told them about Bitcoin, even though they were already given a heads up and advised on the dos and don'ts.

I don't see why anyone would be scared to introduce Bitcoin to their friends and family. I understand that the fact that Bitcoin is volatile scares most of you, because you think people would blame you later if they lose money, but that shouldn't be a reason for anyone to be scared. If you're telling your friends and family about Bitcoin, then you should also let them know the risks that are involved in investing their money in this asset; you will only set yourself up for blames if you fail to let them know the risks. But as long as you have told them about the risks, then I don't see why they would blame you later if things should go wrong, because you already told them what's likely to happen if they should invest.

Just as @lovesmayfamilis rightly said you can just tell them about bitcoin while they use the internet to do the rest research about bitcoin if they are interested they will on their volition invest in it. Today the internet has made life easier for humanity information is at everyone's finger tip, all you've got is to have an idea of the word you're searching for key it in and the rest is history.

We shouldn't take the risk of losing relationships with our friends and colleagues for an investment we convinced them of partaking in with their money cause for sure you will earn all the blames if anything go bad but when you only share the information like bitcoin and allow them to go for more informations about what they are told, the chances are that they will get wider information about bitcoin on their own both in the risk involved and profits too. And from there any decision taken its totally theirs without you in it.

People needs to be grounded in knowledge about whatever investment they will push their money into, we can't use the excuse of we having an intention of wanting to make their life more better and then hide the possible negative part of what we're introducing them into. That's a wrong way to go about it.

Bitcoin is an important virtual currency, and we want to save it and keep it for the next generation, which makes it an important resource for our next generation.
Although it is complicated to use in Bangladesh, we still use it. Many people use it as their primary payment and, in real life, are dependent on it.
It is possible to legalise bitcoin if our country's government wants to, but there are some policymakers in our government who are not willing to do it, which is why bitcoin has not been legalised in our country so far.

i cannot deny that there are some people will really blame you in the end if ever you said  some good things about Bitcoin without doing their own research about what we are sharing it about it. But we must always remind people about the risk they could face once they try to invest in it. At least in this way they could think more better before buying Bitcoin.

And besides, this is not our duty to tell people about Bitcoin, and I think its enough for them to know  were the things you are doing it for your source of investment and income is came from Bitcoin.

Bitcoin, in general, is not too risky. Its level of risk depends on how you use it. If you are using Bitcoin for investment, that's where you will have to consider it a high-risk endeavor. However, what you are doing is good; at least you are helping people become educated about the risks. Some people think Bitcoin could lead to easy money, when in fact, what they often fall victim to are scam investments that ride on the popularity of Bitcoin.

As experts have said, one way to minimize the risk of investing in Bitcoin is through education. So, you are contributing to preventing people from misjudging Bitcoin, as they now comprehend the risks associated with investing.

why would they be blamed if they will just tell them ? expressing your opinion and letting them understand bitcoin
does not mean you are pushing them to invest instead your giving them another
option in life specially in their investmentsso never be blamed mate , instead help them understood life in other ways than what they have learned since day 1

It is not that people avoid educating people about bitcoin, but it is not easy to teach someone about something, especially when they do not know anything about what you are bringing up, so that is what many people are avoiding. Some people have the interest to introduce bitcoin to people close to them, but are these people going to understand what you are trying to teach them? That is what you should first consider if you want to teach, and you know that teaching is a method. Some people may know something, but they find it difficult to teach another person in a way that they will understand.

However, people who lost their good relationship because they introduced their family members to bitcoin will be the ones to blame themselves because if they follow the right way in which they are supposed to teach their relatives about bitcoin investment, I don't think they will have problems even if the investment goes wrong since the investor knows that there is risk involved in where he puts his money. However, who knows? Maybe the bitcoiner did not tell them that about the risk, and that is why they see his fault at the end.

In my experience, teaching friends or other people to understand Bitcoin is very difficult. Many people need more time to study it to understand it and understand the deeper implications of bitcoin. So it should come as no surprise that for most of those who have probably only heard of it once or twice, Bitcoin is still a foreign concept. when it's something they don't understand, it's easier to spread misinformation.

Therefore, I very rarely teach bitcoin to friends and other people unless they really want to be alone and want to know about bitcoin themselves. I'm new to bitcoin but when I tell my friends they think I invited them to MLM. Even though I have explained in detail how bitcoin works, it is difficult for them to accept.

It's not much different now, people just say "AH OH" when told about bitcoin, some are excited but find out there was no action at all.