Bitcoin Forum

I can remember some years ago, I talked to my mother about Bitcoin and investing on it. that was two years ago. she should use any amount she could use as a trial, but she rejected the idea of investing on Bitcoin. she thought I'was going to defraud her.because she never hard about Bitcoin investment before. because of that, she was afraid and rejected the idea because of the pressure I was giving to her to invest on Bitcoin. before then, I have told her the benefits of investing on Bitcoin, but she rejected everything. afterwards I never bring up the discussion again to her.

some months ago my mother called me that she now have interest on investing on Bitcoin with some amount of money, I ask her what happened!  I thought she rejected the idea when I introduce it to her some years ago, and it have been long we talked about it. she said to me, I have make some research and ask questions about Bitcoin after all my mother invested huge amount of money $5k on Bitcoin which she's benefiting from it today.

there was a lesson I lean from here. when you are preaching to someone about Bitcoin, you shouldn't talk too much, and you shouldn't stay long and you should also allow them make some research and ask questions about what we are preaching to them, to avoid loss at the end.

I don't know, how you see it.

Two years ago when you asked your mom to invest, price was at $47k. Not sure if you would have safely exited at $60k or not, if not, you will be today at a 50-55% unclaimed loss.
In my honest opinion, you should never force anyone to invest in any thing. be it crypto or be it any asset in the world. Also, do not invest more than what you can't afford to lose.
And you yourself should do some research and always try to find out negatives more instead of just false hope.

You have just answered to your question in your ending paragraphs. Don't pressurize, persuade or force anyone to Bitcoin, not even a family member. Our ability to take on risks is different. Bitcoin also needs consistency and understanding. It also needs deliberate decision making process. Like everyother business, Bitcoin has its risks that everyone investing in it must be ready to face including your mom.

However, introduce the person to books, articles and researches that x-ray the Bitcoin technology then allow the person makes their choices.

This is a must of course. Always have a disclaimer, and always tell them the down side, or the negative side. It's not easy money, so it is always much better to let them decide at the end of the day.
Because for me, if someone asks me about Bitcoin, I explain what is Bitcoin, what is good and bad when yo invest it, how it works, etc. Just don't promise them  everything.

The refusal made by your own mother to your invitation to invest in Bitcoin is an effort that is not wrong at all mate, because besides your own mother who still doesn't know what Bitcoin is, she also has never made that kind of investment in her life so she prefers to refuse. your invitation even though you are his own child. And I think your mother has done a pretty wise thing by rejecting your invitation even though you have explained to her quite fully about Bitcoin. Because maybe after your mother heard about Bitcoin through her own children, she should take the time to find out about Bitcoin herself through the people she knows around her and through the internet or other supportive environments.

This means that after several years, your mother finally believes in Bitcoin and immediately makes the decision to invest in Bitcoin. This is indeed a bit of influence and encouragement from the research and questions he asked other people about Bitcoin so that he started to become enlightened about things related to Bitcoin. That's a pretty wise decision and it doesn't mean your mother didn't believe you before because she just wants to have time to find out for herself what you've told her through other people.

That is indeed a very extraordinary lesson in your life and also your own mother, because she was able to arrive at a very good belief after hearing a lecture from her own child. And another lesson I can learn from your story is don't immediately tell other people to invest in Bitcoin after we explain more about Bitcoin to other people, because basically everyone needs time to believe, to understand and to make decisions in their life. on what he already knows from other people or his own relatives. Because when someone has started to believe in what we said before, he will look for ways to be able to invest in what we have said or suggested before.

I see this as a story that I have never come across in my life before.

To begin with, I doubt whether you made up that story, but since I can't verify it, I'll give you the benefit of the doubt. Pressuring people to invest in anything tends to backfire badly, and even worse if they are family members. If they make money they will think they were right to invest in it and if they lose money they will blame you.

The worst part of your story is that you only focus on whether the price goes up or down, not on the real good things about bitcoin, like not being dependent on third parties to hold it or send it to the other side of the planet.

And what makes the possible veracity of your story very weak is that you say she invested a few months ago and is now enjoying the benefits. The price in recent months has been flat or even falling.

Don't force anyone to invest in anything; don't even pressure them, no matter the relationship you have with them, if they say no. Respect their decision as it will be in your best interest, because convincing someone to do what they don't plan on doing might get you into some unexpected trouble, and it can end up jeopardising your relationship and closeness with them as they might likely ask you to pay for any loss that's being incurred as a result of the price dump in the investment you made them make.

 
Your mom invested $5,000 in Bitcoin a few months ago. I don't think it's enough time for her to already start enjoying her investment proceeds as the price of Bitcoin has not really been doing too well over the past few months. If it's to be calculated very well, she might likely still be losing some figures out of her invested amount. And how has she been enjoying it? Has she been making some kind of withdrawal every time? I think she will enjoy her investment more if she can hold on to it for a longer time until the next bull run comes.

Instead of pressuring someone you care about, give it to them if you want them to own Bitcoin. I did that a few times, but stopped for OPSEC reasons.

Not only investing in bitcoin, in life we should not force someone to do something they don't like or understand at all. Because maybe that doesn't work for them or we'll be the ones to blame if things don't go as we expected.

Like me, my parents both know I invest in bitcoin and they also know that I make a lot of money from it. But they never wanted to invest in it and I never forced them. They are safe, risk-averse people, so there's no reason for me to force them to follow my lead. Try to put the case where you are forced by others, how uncomfortable you will feel.

Is a good thing you talked to your  mom about bitcoin and investing in bitcoin, I can relate to the fact that she jettison the idea those first years you brought it to her. Maybe over the years, she has maybe seen or gotten some proof of the that fact that, you where right at some point, so the need to invest now, so she can benefit years to come.
But I'm a bit skeptical about the fact that, she invested $5k some months back, and she's already benefiting from her investment already, we both know the price on Bitcoin has been on a down trend for the past months, so but then I can't really tell the kind of investment she did, but it's all good she has started to enjoying her investment.

There is no easy money, and if they offer easy money, then this is probably a scam and you will lose your money instead of increasing it. This is probably what repels people and makes them doubt when we tell them about bitcoin. In fact, this is a normal reaction in people, because we have all heard about ponzi schemes and pyramid schemes and what it leads to. And when we start talking about bitcoin as a way to increase your wealth, this involuntarily creates an analogy with a scam in their minds. Therefore, you don't need to put pressure on talling about btc and you need to do it very delicately, that the person himself made his own decision, of course, warning him of the possible risks and disadvantages associated with investing in bitcoin. The time will come, they will return to you, like a OP's mother Vasya will be asked to tell about BTC in more detail.

It also depends on your reputation. In my family, I told my people to invest and some did. If your parent are the ones taking care of you, they may not believe some things that you tell them. But if you are giving them money sometimes and also they know you have your own money, especially if you earn from bitcoin related businesses, they will believe you.

What I just always tell them is the pros and cons of investing in bitcoin. I told my mother about it and I let her know how she can make profit or lose instead and I let her understood the calculation. She invested.

What that is more important is to let them also know the short term cons. There are some people that their family believe what he or she tells them. And some people may not just be trusted if their parents are the one feeding them or due to what that have happened in the past.

But bitcoin plummeted below $30000 several times in 2021 as well. It all depends on the time the person invested.

The method of convincing a person is different. There are many theories written in books about how to convey and convince others of the targets we want to achieve. In practice, it's up to us. Furthermore, there are two sides of the answer that we will meet after efforts to convey something have been made, namely rejection and acceptance.
Both (rejection and approval/acceptance) are reactions that are born as a result of a conscious process and that is as natural as your mother's refusal to choose to refuse after you told her to be willing to use her money to invest in bitcoin.

Always remember that conveying something that contains risk must be explained thoroughly both positive and negative and never hope that after trying to convey something to others, they must accept and agree with it. Next, let his mind work in making his choice.

It also depends on the relationship between you and the person you are introducing bitcoin to and how they see or value you in their own lives. Make sure you do not force anyone to invest in bitcoin; you just have to make sure you explain all you want them to know about bitcoin, tell them the risks associated with bitcoin investment, and also tell them the volatility of bitcoin price and the market ups and downs, then allow them to do their own research before making a decision.

This is odd, definitely your advice are correct but your story are different from your advice.

Your mother did invest in Bitcoin without let you know, she was greedy to invest big amount of money, it's good if she's making profit, if not? she might blame you or the other person she did ask questions about Bitcoin.

No one should pressure someone to invest in Bitcoin because Bitcoin isn't the only one asset that can be used as an investment.

Or don't tell anyone to invest in anything. You just now have bragging points just because of hindsight as we can already see the results. What if you ended up being wrong? Now you might have your mother and potentially other family members against you because you were pushing your mom to invest in something and you ended up being wrong.

It may be different in other families, but for me, my mother is still my family. To agitate your mother to invest, realizing that she has very little knowledge about Bitcoin, is tantamount to fraud. For your mother, you can buy and give her Bitcoin, telling her all the details of storing and handling it, at first taking full responsibility.
The same applies to all other people. I would not start with colorful descriptions of people who have made a profit, but with those who have lost everything and parsing their mistakes.

As the saying goes, "You can lead a horse to water, but you cant make it drink." Even our closest friends and family members cannot be forced to board the Bitcoin train if they are not ready. Like many other people, your mother required some alone time before boarding.

However, in reality, there is a lot of FOMO  surrounding Bitcoin. She came around thanks to your persistence and her own investigation. She's currently rolling in Bitcoin dough, just look at her.

But I must say, my friend, that having patience is a virtue. Regarding not putting too much pressure on others, you're dead on. Let people research Bitcoin on their own, and if it makes sense for them, they'll change their minds. Keep up the good work, and may your cryptocurrency dreams come true.

Investing like this is based on emotions, and it is often when the price is high, so you find people optimistic about the price and that it will reach 100,000, but this will not happen while they refuse to buy now on the pretext that the price is very far from expectations.

Do not advise anyone to invest just because you think the price will increase, and do not try to convince anyone to invest in the hope of getting rich. Investment is based on planning and knowing when to invest, why to invest and when to sell, otherwise your dreams may turn into nightmares.

Basically I have the belief that your mother did not get complete information about bitcoin, so there are still doubts in her heart to invest and so on that is faced by many people regarding doubts about bitcoin. If we live in a country that is not friendly with bitcoin it will be much more difficult to introduce it and even the level of technological progress also indicates how far someone has known bitcoin before. So there is a little picture that they get before we introduce bitcoin to him and I see that bitcoin does not need to be introduced in the investment system first but rather provides education about its journey from the beginning until now.

The approach taken must indeed be adjusted depending on how a person's character is and provide space for them to find out what their abilities are, strengths and risks in bitcoin that must be avoided. Forcing and pressing will not work and maybe you have the answer now. You have much bigger responsibilities and if your mother is not given an understanding of price fluctuations then in the future it will cause problems even though the initial investment that your mother made was small.

Bitcoin investment is very broad and has different ways and methods it operates on. So you wouldn’t definitely think you could just convince someone to dangling into it, especially if it’s someone who has never heard of it before.

I remember having similar experiences too. This is an experience I can  never forget. In the year 2018 when I was first told about bitcoin, I had a little amount of money with me and looking for a very profitable business to invest this money I had, $300 to be precise. I talked to my neighbor about it and he suddenly suggested I invest in bitcoin. I was like what’s bitcoin and he took time to explain it to me.

Honestly I feared whatever that would lead me to putting my money online because I had fallen victim to a couple of Ponzi scams, so telling me about bitcoin didn’t really sound like a cool investment to me lol. So I didn’t buy the idea. He didn’t really stress on it too much or try too hard to convince me. He only told me the possibilities bitcoin hard to offer and left me to make my decision.
 
Well in summary I wished I wasn’t so naive and saw the vision and took advantage of it then because I just recently started investing in bitcoin and I’m benefiting from it now and everyday I’m like, what if I started back then in 2018.

I’m not sure if all that you just wrote are true or some made up story, but did you in anyway ask her what made her change her mind? And with the current price of bitcoin I’m not sure if she’ll still be in the profit side or loss side of the market but I do hope the current market does not discourage her.

For me, when it comes to someone else’s investment I try as much as possible to reduce my involvement I just tell them everything I know about it i.e the good and bad side of it and then advice them to do more research and also as others that have done it before to get their opinion on it and if they still want to go in with the investment then I’ll assist them. But the idea of pressuring them to invest in it sounds stupid to me because if anything goes sideways you’ll be the one to blame.

I think the part of your mom making research before actually changing is a common thing among people which we try explaining things to because it only when they are curious of what you are telling them that's when the thought of actually making research about it comes but if the person is absolutely ignorant then he or she will totally be ignorant of the idea.

But if your mother know that 2 years the price of Bitcoin higher than today, I don't think she was interested but rather heard from her - "it was good that I never listened to you".

Investing in Bitcoin is not for everyone but this is for those who are really willing to take risks. I'd never say that is for those who are willing to lose because we really have to do something in order to earn a profit. But if we take someone because we pressured them, don't get surprised that someday they will talk you back and ask why - there is blame in the end.

It's hard to convince others with just words without evidence. Naturally, your mother is suspicious and afraid of losing her money at the invitation to invest in Bitcoin because she doesn't know more about how Bitcoin is managed.

After hearing about Bitcoin from your mouth and the news he read on the internet or information found on social media made your mother moved to learn more about Bitcoin. Now that your mother has realized the potential that can be generated from Bitcoin investment, your next task is to direct her to understand more about Bitcoin.

You can invite anyone to invest in Bitcoin, your job is only limited to inviting, then just let that person determine their own direction because you can't force them to be what you want.

I wouldn't try to make anybody invest. It's their choice and their risk.


Some months? Feels like a fake story then, unless you mean 8 or more months ago, exactly at the bottom. People who bought a few months ago, meaning less than 8, aren't too happy about the return.


Benefiting today? I wonder what that means. That she's selling after this recent crash and a few months before the halving? We're in a bear market and you're "benefiting" from the investment?
Congratulations I guess.

You shouldn't force anyone to invest their own money on anything. Just introduce them to the project and how the product works, whether they want to put their money or not it shouldn't be forced. Except you want to make up for their loss with your own money. Especially on crypto the market is new compared to other investment, and it's still very volatile, if the person you forced to invest cannot handle the volatility it will be very bad, even life threatening at worst.

Honestly, I agree with what you said, sometimes there are some of them who come only to seek profit, they see other people successful by investing in Bitcoin but they only see their success and not the various risks that are there. Of course investing is a very risky activity, and if you invite someone with some coercion to do the same thing then it is true that when something happens to them (loss) then you are the only person they will blame, although not entirely blame but still they will question it. With a prior agreement it is very likely that they will have a reason to come to you. But maybe that might not happen if at first you explain in detail about the various things that can happen in investment, not only the profit opportunities but you also have to explain the biggest impact of the loss, given the highly volatile nature of Bitcoin.
So with that maybe you will have a reason for self-defense if something unwanted happens to him.

What happen with OP brother if agree for investing in Bitcoin last two years when price round $47k and looking current price right now? its not recommended when pushing some one have to invest in bitcoin actually when moment bitcoin on top price. Too risk asking some one or our family investing in bitcoin or altcoin during still on higher price, better give them education about Bitcoin and cryptocurrency.

How to get advantage and profitable trough bitcoin without pressure them must to investment in bitcoin lack knowledge for understanding with bitcoin. Actually never happening with some one want or agree for investing in some investment kinds without know detail what are investment kinds, need to give education first and after understanding without pressure they will realize how important investment money in Bitcoin for getting profit in the future.

Exactly one of the key points in bitcoin or cryptocurrency investment is doing your own research. Just like you have believe it is necessary to just have a pat on the back for someone who needs to learn bitcoin and then don’t force them into it, better still if they easily want to invest in it once you told them then be objective and prioritize them having to do their research by them selves this way they would actually have read or heard about the risk of getting involved. Also personal research is actually good in the aspect of one setting up his wallet and even learning the ethics of keeping it safe from potential hackers.


I also have some iota of disbelief in this stories, most especially the place OP pointed out that the mum was scared to invest because of she felt will be defrauded by OP but nonetheless though.

Probably the mother got into bitcoin at the start of the year, probably a new year gift  ;D and we all know how bitcoin was actually at low then, bitcoin was $16k then and went up the first quarter so if she had actually bought it then as suggested she should be happy now.

Base on the above assumptions then she must have only benefited if she only took the profit mid this year or around April/June when bitcoin was around $30k plus that’s actually 2x the presumed invested price of $16k. This is the only way I can assume she would have benefited this year on it.

Also if our two assumptions are actually correct then I think it is a bit risk for newbies holding bitcoin for a short term, only traders benefit that way because bring in money to pull out in a short period of time might not work out because the volatility involved in bitcoin. Most of the newbies engage in this type of investment are people that came in with the narrative of just earning and it is bad

You need to prove to them you made a big profit after you invested in BTC. That's what is going to convince them to invest. The skeptical mind always needs something of proof to believe in. Apparently, all people are skeptical when it comes to buying something they don't understand.  

And forgive my mouth, old people always have a hard time understanding why it has value. It takes a lot of grasping when I told my uncle, it has value because people buy it. He thought for a while asking why would someone buy it. Til today I have not convinced him to buy  ;D

I know this way is really effective since people always interested with money, but this is a bad way to teach someone about Bitcoin. It's all good when Bitcoin price is keep rising and he buy low, sell high, repeat. But if it goes wrong, they will angry and say if Bitcoin is scam.

There's a chance they will not trust you anymore since they think you're scam them, while the reality you're not scam and you don't get anything after teach them.

The lesson here is there’s no need to convince someone especially if it comes with a highly potential asset, because whether he will reject the idea or not at the moment, in the end when all the people are into bitcoin, I don’t think he won’t change his mind and suddenly long to buy for bitcoin so he can invest and hold it like a valuable investment. Same goes with OP’s mother, educate her but never force her to invest suddenly. Bitcoin is a risky investment so one needs to study it thoroughly before she’ll come up with her final decision to buy and hold bitcoin.

You have the point, never preach about cryptocurrency if they do not have any idea about them. Just give them the general introduction about the new market and once they check them out and ask further questions, it is better to explain further, if not they will think that we are talking about BTCitcoin to make them invest in it so that we are benefitting from it somehow  :D.

Some things just have to happen naturally. If you force something to happen, it usually has the opposite effect. Your mother may have unwittingly chosen the right time to invest.

An investment that sounds right to you may not be right for someone else. No matter what you do, your persuasion effort will be in vain. Many of us met bitcoin because we wanted it ourselves. Let things happen on their own, just watch and don't interfere.

It's normal for someone to not trust something they don't know, maybe it got her attention that mentioning Bitcoin's potential so maybe she did her own research about it. We all know that investing is risky even on other investment such as business. Crypto might be hard and complicated for them to understand but once they really want to learn something, they would literally research information about it. $5k is actually huge investment that your mother risked. And I'm happy for both of you since you OP, the one introduced Bitcoin and now your mother is now getting the benefits of BTC. I have tried to convince mine, but she thought that it was easy money so she simply gave me money for me to invest it which I don't like since whenever there's a wrong call, I am liable for that loss.

This is something we all should keep in mind. I am aware of the learning that you have just observed because I am a teacher, and my job is to force students to learn new things. I do not force them to learn it and adopt it; instead, I create curiosity in them, ask them what results it could provide them, and give them the homework.

If you will do all the spoonfeeding, then other people will not try to think and make decisions from their own minds, and they will start to rely on you, and many people do not want to rely on anything. Even you tried hard to tell your mother, who was an old schoolteacher and definitely had no idea about BTC, that you were asking here to invest in BTC, and she definitely doubted you. Young blood always makes mistakes, and elders do know that, and they always think twice or three times before accepting or agreeing with an idea, specifically when the idea is about money.

But I am happy that you learned something new and that your mother made a good decision, but please, if you know more than your mother, then teach her that even if the market goes down, she should remain calm and not panic sell. As she must have held them, she must not have done future trading in them, and if that's the case, then she would make a lot of money in the long term. Maybe in the next ATH after this halving.

Inviting parents to invest in their parents is indeed difficult and not easy for them to accept easily. It took a long time to convince them to invest in bitcoin. like you did, even though you previously asked him to invest in bitcoin he refused, but it was only a few years later that he began to realize that he wanted to invest in bitcoin for the future. That's because he has done his own research or has studied it in various media and on the internet.

Indeed, basically introducing bitcoin to the family is a good thing but still cannot be forced, what you are doing is right. Inviting without coercion he finally started researching himself what are the benefits of investing in bitcoin. In the end he realized that investing in bitcoin is something that must be done in today's technological era. I think it's normal for parents not to immediately accept your invitation, maybe because they think bitcoin is weak and difficult for parents and the general public to accept because bitcoin has no physical form, that's what makes it hard for them to believe in it. bitcoins.

Pressuring individuals to invest in Bitcoin isn't advisable; it could lead to negative reactions and avoidance of Bitcoin. Instead, it's better to provide a clear explanation and encourage independent research. This way, they can gather information online and make an informed decision. It's important to be transparent and share both the advantages and disadvantages of Bitcoin investments. By doing so, people can make choices aligned with their preferences. Just wondering, did your mother truly benefit from investing in Bitcoin?

Never talked to my mother about bitcoin let alone invite her, she knew I was familiar with bitcoin but was never interested in following her, never forced anyone to invest it was a risk that I did not want to bear except my own wishes, study myself and buy myself without anyone's help or coercion.

Bitcoin is very fluctuating when the person is impatient in waiting for the long term you can be blamed because the price continues to fall and the increase never comes, I don't want to be burdened let them decide but now bitcoin has been widely recognized because many media are reporting on it.

Mom, wife or brother whoever does not want to participate because I myself!

You are right in stating that it is better to let someone choose and accept BTC investment on their own rather that force them into doing it half heartedly. Your mom, Op, may have got to learn about BTC investments from her friends or those she listens to or gossip with, because she sure did not wait or surrender to her ego to let someone else lead her convinced mind to invest, rather she came to you out of sheer trust that you would educate her better and you did, and she must have shown how grateful she is in more ways that I can think of.
Today, I don't really force anyone or anything on anyone because in the end, it is the only interest an individual has for something that drives them and motivates them to excel at their choices.

Actually, I always avoid introducing Bitcoin to my family or those closest to me if they haven't opened a related question about Bitcoin or stated they are interested in investing in Bitcoin first to me.
If your mother finally believes and wants to start investing in Bitcoin then that's a good thing, it will be easier to teach her more because it's your own mother.

I think it's true that if we give a sermon about Bitcoin to someone then we can't force them to immediately believe what we say and don't let us force them to immediately invest in Bitcoin, we have to give time for someone to make an investment decision based on intention and his own will.
And we also have to advise them to do research and find out for themselves what and how Bitcoin works in order to better understand the advantages and disadvantages of investing in Bitcoin.
One more important point, in my opinion when explaining to someone about Bitcoin, we shouldn't make that person's perception think that Bitcoin is an investment to make profits quickly and easily. So we not only have to explain the advantages of Bitcoin but we also have to be able to explain the risks and weaknesses that exist in Bitcoin.

Often when it comes to investing, especially in Bitcoin, there is a delicate balance between presenting information and allowing people to do their own research and reflection. The ability to ask questions and conduct independent research is essential to assessing risks and opportunities before making a financial decision... I have also wanted to impart and teach people how good Bitcoin is, but certainly no one could be forced, you have to understand above all how it is economically, and lead someone to a risky investment because of how volatile Bitcoin is. could backfire, which is why patience and understanding that each individual needs time and space to consider and process information is part of good Bitcoin teaching.

I can actually tell someone about Bitcoin and the entire cryptocurrency, but asking them to invest without any prior knowledge is risky, much like asking them to drive a car without any prior driving experience because skipping any steps could result in that person losing their life. When you invest in Bitcoin, you actually lose money, but there are still some safe practices that can help lower the risk if the interested person has the knowledge, One thing I noticed is that when it comes to profitable businesses, we all share similar perceptions. When we hear there will be profit, we start investing without doing any research, which is actually a very bad perception. Despite trying to invest in anything, research should always be done first. Then, for Bitcoin, you can get a proper introduction into the circle. and thankfully, people's eyes are already widening and they now see the distinction between the two. People frequently conflate Bitcoin with Ponzi schemes.

Never pressure anyone to invest in Bitcoin except it is friend that understands and believe in your judgement and e decision on investments and the feeling is mutual. Always have a Caveat too. And it is being  honest and opened about Bitcoin. Put this in mind that of you ever feel like you need to pressure someone to invest in Bitcoin then you probably shouldn't as they are not yet ready.

This is the thing on why i dont really like on telling my family about Bitcoin or whatever things that im involved with on which it would really be most likely that you would be rejected or would really be ignored just because
they cant really just trust you on which this is really that something that a very common approach or reaction that made by them but its true that spreading out this little information or even the basics on how it works
and not really just focusing on the investment opportunity but also into its utility then you would really be able to explain out at least the relevance of its existence, but we know that people do usually getting hooked up
on the time that we do mention about making money and this is where we are really that mostly that interested and this is why it wont really be that shocking that they do get interested on the time that they would be
hearing up these words. Well, its not a bad idea on having that introduction about making money on the time that you would be explaining it to them because when they start on hearing you out because of those probabilities or chances then this is the best time on making yourself on having that explanation but of course you should really be starting with the basics and not really that too technical so that they would be able to easily understand
on what you are saying.

Well this stories are not making market again. You can try another one that is better than this one. The story is not clear for my eyes because at first you yourself could not remember the story again and this happened in your open phrase. And coming the full story, you mother was not having the confidence in you because you were not doing well with her. And if you were doing well with her, she would not doubted in you. So now that you have invested for her with bitcoin, who is managing the investment or the wallet. You or she? And if it is you, how will she know the funds she has? Then teaching people about bitcoin or cryptocurrency is not a bad thing if they are ready to learn. And after the learning when they have known it, and if they are ready to invest, you can also direct them what to do. And not you investing for them.

This is a very wrong mindset. Once you are trying to convince someone most especially to invest into something risky, you are like just any other scammer that is forcing someone to make yourself benefit. However, I believe your intention is good but you are doing things the negative way. Do not try to pressure anyone just to believe on what you’re believing, just to do the same on what you’ve been doing, because if things end negatively, you are the one responsible to be blame. Let her do things according to her will, and give her time to process things. That way, no matter what the outcome, at least she’s the only responsible of her own decision.

If you pressurize anyone to invest in bitcoin, then they will end up thinking you are trying to scam them, and when you pressurize them and the bitcoin price ends up dumping, they will end up blaming you for that. When I am introducing anyone to bitcoin, I always make sure they know the necessary things about it. I don't just tell them about the positive aspects of bitcoin, I do tell them they can also lose money. Bitcoin can dump, but if they can hold for the long term, then with time the price will bounce back and they will be in profit. But most people that do introduce bitcoin to their relatives and friends don't tell them about this, they only talk about the profit aspect, and after buying and bitcoin dumps, they will end up regretting why they invested in it, and some might end up selling at a loss.

i don't think that's the right way to go. The most important thing about investing in bitcoin is making sure that you are well-aware of how things are working on it. Pressuring and coaxing someone into investing in bitcoin just rushes things and may even cause them to jump over important pointers that they couldn't flourish in the industry without. Which leads to massive losses in profit and in trust. I say you just pull in people who have already fostered interest regarding bitcoin, and bank on that interest with the proper knowledge and workarounds within the bitcoin industry. By then and only through that method will you be able to successfully influence people into investing, and set them up for success also.

Investing in bitcoin  I do see it like something you have to decide on your own to work on without involving anyone because you can invest in bitcoin today and tomorrow you regretted of using all your to invest in bitcoin at least an investment of Bitcoin be a personal something in bitcoin

There is this rule called KISS when introducing something new to people.  KISS means Keep It Simple and Short.  Simple enough to make the listener understand the subject matter and short enough to trigger their interest and hunger for more information.  This way they will look for more information themselves or ask you questions that can make them more interested.  Speaking too long makes the audience very boring just like when a thread is created with a huge wall of text, making them to shut their senses off and ignore the one speaking.

Preaching does not guarantee that you will get a positive response from your listener. You are there to preach and educate someone, and not to put force trying to manipulate someone’s mind. That is why never anticipate things in advance. Some are just still doubtful about crypto and you can’t do nothing about it but give them enough time to think and evaluate if crypto can be good or bad for them. Whatever their choices, you have no in control with that. But as long as you know that crypto has high potentials to be successful in the future, hopefully your listener can also perceive what you are trying to anticipate.

Definitely, using force is not the best method to let someone sees the real potential of any investment.
You can share what you know, but let the person grasp what you just said, and in his own time, he will ponder on things.
This is why, it is not advisable to pressure someone to buy in this market if they are not totally ready for it.
You may be blamed if the results are not of their expectations. They will have their own realizations as well.
Just like when you preach, don't expect everybody will listen or hear what you are saying. But be thankful if somebody does.

your story really inspired a lot of people to be even more excited to tell about bitcoin to everyone they know, i also heard about bitcoin for the first time from my cousin, at first, of course, i refused to believe everything he said about bitcoin, even I gave him a mockery, bitcoin preacher lol, but i saw that he remained consistent with investing in his bitcoin and never stopped inviting me to invest a little in bitcoin and several other cryptocurrencies, of course, i finally succumbed to his invitation and tried investing in cryptocurrency for the first time, well after a few weeks i saw that i was making a profit.

from here i understand that actually from the start i just underestimated what he said because maybe i have more money than him and also i am older than him, not because i don't like investing in bitcoin at all.

I mean for sure that is what is going to happen if your forcing them into cryptocurrency or Bitcoin investment what is going to happen is they might not get interested in it instead, It was never a good idea to force someone into Bitcoin because it was a risky investment and you really dont want to force anyone into something that is very risky and involves money because there is always a possibility that they might lose their money there, probably she is just concerned because she might lose it, and get intimidated because you are forcing him to invest on it.

I think the best thing to do here is to always give them something probably just a little idea of what is Bitcoin and then see if she is going to get interested in it, If she doesnt like the idea of it then you shouldn't push here on Bitcoin investment, Its going to be difficult for sure because if you do not understand Bitcoin your going to misunderstand what it is as always.

Why would a mother think her own son is trying to defraud her? Or are you a fraudster? Well, whatever it is, yeah, investing in any asset (anything), whether it's Bitcoin, stock, gold, real estate, or even bods, is something that should be done at will, through self-conviction, and not just what someone should pressure you to do. If one takes their decision towards investing their money into whatever asset they choose, then they wouldn't have to put the blame on you if perhaps things go wrong. That's why, when educating someone about an investment, you should teach them about the risk of the investment, and then you can leave them with some contents to read about the thing you're teaching them. Don't pressure anyone to make the investment suddenly against their own will; otherwise, you will take blame for it if anything goes wrong, or they might even think that you are trying to defraud them like your mom thought (not saying she should have thought that about you). If someone is interested in something, they will call your attention back even after you have taken your leave, or after you have taken your leave, they will do more digging themselves.

I will definitely agree with you based on my own personal experiences , when you talk to much about Bitcoin to someone, you give them the impression that you are pressurizing them to invest, like your own profiting lies in them Investing , just like exactly same way ponzi schemes works , where new investors money are used to pay the old investors, and as soon as new money stops coming in , the scheme crashes ..

So pressurizing anybody to invest in Bitcoin leaves them with this impression that Bitcoin is a ponzi scheme which relies on their money to pay you, and this is not good , when introducing Bitcoin to anyone, our words should be few, allow the person to become curious to really want to know more about Bitcoin, that will drive them to want to do their own research when they perceive that you are not really interested in sharing more information, this will make them get the information they need from another source, which can make them trust that you are not trying to defraud them in any way .

Ignorance is not bliss when making investments of any kind (whether they involve stocks, Bitcoin, or something else entirely). It is a surefire path to financial ruin. It is equivalent to sending someone to a combat unarmed to force them into making an investment without appropriate information. A massive no-no indeed.

Time is of the importance, though, so keep that in mind. The Bitcoin train is in motion and makes no stops. However, lets also be aware that sometimes individuals dont know whats best for them until you teach them the way. Yes, we should only invite those who are interested and willing.

Its crucial to strike a balance between appropriate instruction and prompt action. We can help novice investors succeed while utilizing the high-yield potential of Bitcoin by providing both. That is how you bring about change that is sustainable.

You were too pushy and it backfired, it happens in all aspects of life and not only when you are trying to promote bitcoin to others, when you do that people think you have something to gain by promoting something that heavily, which according to your story is exactly what it happened.

What it worries me the most of your story is that your own mother thought you were going to defraud her, and when that is the default reaction of a person to your advice or proposal then it is almost impossible to convince them to do anything.

For sure, if your mother invested 2 years ago, she would get angry with you because the first price of Bitcoin 2 years ago was bigger than the current price, meaning you've lost money on it around 40%, which probably mocks you about it. So before telling someone, not only pressurize them but also ensure them that there is a probability of losing all your money because of it so that they are aware and not just seeing the huge price of it.

First off, it's your moniker for me 😏

Why would anyone's parent(s) think of them in that light? Could it be that you must've shown signs of such attitude in the past or indulged it that cast a shadow of doubt on your person? Again you mounted unnecessary pressure on your mother. If anyone mounted pressure on me to invest in anything I would be very skeptical about it and would likely lose any form of interest in it.

That's true. That lesson cuts across all faucets of investments, not just Bitcoin. The easiest way to prove a point is to be successful at what we do. People want results. Otherwise one will keep explaining and appealing to their emotions without them picking interest in what one is advertising to them.

When you are in the adult phase and can decide your own fate, I think it would be good if you go deeper before you advise others.
On the other hand, I think that whether it's someone close to you or not, if it's not based on coercion, it's still okay, but I wouldn't do that.
Inviting others is of course a very good thing to do, but given the conditions with the "preasure" frog, I don't think it's a good thing to do. This creates a risk that when someone tries to emphasise that bitcoin is something good to people who do not know, it will make the person dependent if they only listen to something sweet.

Op seeing how this bitcoin investment ended with a happy ending, let's just say count yourself lucky!!!
I say lucky because  you persuaded your Mom into investing in an asset she had no interest in and the only reason she would have invested  was because  you might have given her cold shoulders or the relation changed and she wanted to restore this..otherwise  if this sell wasn't taken earlier like you did...by now you would have been in bad books with her!

Moral of the story here is invest with money you are willing to lose and let it be a personal decision before enemies are made for bad business relations...

She will definitely get mad on him if he has introduced it way back then and forced his mom to invest.

That's what they don't want to hear. When the market is up and green, they don't want to hear such negative reality from the person who introduced Bitcoin to them. But that's the right thing to do. When you're talking about the volatility of Bitcoin to them, it has to be precise and truthful and not just trying to attract them. We're not going to sugar coat our words just for them to get convinced, we don't need to convince them. We tell what Bitcoin is and its reality and up to them if they're going to study and research before investing.

It's a good thing she didn't invest in Bitcoin back when you were telling her about it because back then she didn't understand it and she would have lost so much money due to the dump in the market as we entered the bear season and she would had blamed you for it.

She could have sold her investment and exited the market because she would had been making losses without understanding what's going on but because she has done her own research, if the market was to dump now, she won't be panicking because she understand.

We shouldn't force people into investing in Bitcoin or they'll blame us when they don't get what we told them they'll get when they invest in Bitcoin due to the market changing from bullish to bearish. Investing in Bitcoin should be a personality decision so we don't blame others

Investing is risky, especially with bitcoin that makes it more risky due to its high volatility. And that’s the reason why there’s a need for an intensive research first and studies before deciding to invest. So never think that when you teach someone into bitcoin, he’ll automatically bite your offer and greedily invest in bitcoin. If someone does that, without taking some time to prepare himself financially and emotionally, then its future will be uncertain. And most likely, he will end up losing and regretting.

Probably that’s what happened exactly to your mother OP. She knew that having a quick decision to invest is never wise. So she made herself ready first by studying bitcoin and all its pros and cons, and finally come up with a decision to take the risk investing in bitcoin. At least she knew in the end, she’s responsible enough whatever the result of her final decision.

Sorry to spoiled your show to me this is more like a cooked and generated story that has no atoms of truth and evidence in it.
Why? Because you can tell your mom about bitcoin investment two years and she called to invest and started making benefits. Bro two years ago bitcoin was high and anyone who had ventured into investment is still running at lost and there is no benefits all less she's trading with it and besides $5k is huge enough for someone who don't know anything about bitcoin to raise such amount considering the risk factor, what do you think could be the result after haven known that she's at a huge lost?

telling anyone about bitcoin is of course fine as long as we explain it properly and wisely and don't force someone to invest in btc.

Your story is very interesting because your mother got interested in investing in btc after she did some research.
so your struggle in explaining btc to your mother has succeeded friend...

It seemed that this was just a staged story because there were many suspicious and unconvincing details. But OP wanted to convey to people that it is not advisable to force someone to invest in bitcoin if they do not know anything about it. It can be said that the story is fake but this message is something we need to remember and pass on to everyone. I have seen a lot of young people who have no money but do not want to work to earn money to invest but force or lie to their parents to have money to invest in bitcoin. This is extremely bad because it will put pressure on the parents when they know nothing about bitcoin and are not ready to invest.

My question is whether previously OP taught, made or told his mother to make a Bitcoin wallet and also the methods. Because to buy or use your mother's Bitcoin you must have a Bitcoin wallet first.
If not, then OP's mom is great because she can do it herself and also do her own research.
And my advice, never pressure or force anyone including families to get involved with Bitcoin, and let them create their own. Because this has a risk that they have to accept if it doesn't match expectations and will blame you, if they ask for it themselves. So it doesn't hurt to tell and provide explanations as simple as possible so that they are easily understood and interested, as well as provide some useful links, YouTube or others related to Bitcoin so they can read them carefully and also study them.

I simply agree. You cannot force people to be interested in something because it will only do the opposite, they will feel intimidated and will lose interest. Instead, make them curious and be simple about it. Introduce the general idea and let them ask questions, encourage them to do their own research, and take their own time. Soon enough they will be the one to take the first step and approach you for more. It's like giving our a trailer to your target individual, teasing them and making them curious of what is more to what you showed them.

It is wrong to put pressure on someone to buy Bitcoin, just do the talking and leave the person to give it a thought or do some research and get back to you. If the person show's interest thereafter fine, if he/she does not still fine. A situation whereby you kept pestering the person about it, the person might begin to think you have an ulterior motive.

I have a friend who after many attempt, finally convinced his mom to invest in stock, the mom used a sizeable amount of her money to buy the stock. After some years the stock price crashed and she lost her investment. Whenever this subject comes up she's feels really bad and she blames her son for it. The take home from this story is never pressurizing anyone to invest any business especially a family member.

True but not necessarily the best thing to do imo, telling them the stuff they need to do should be a thing that they should do themselves, my responsibility is just to show results and the market history of bitcoin and have them decide what to do next, if that's enough for them to get into bitcoin or not. Forcing someone to like or get into something haven't been a good thing for all of human history, the resistance that it elicits makes it difficult to push your agenda which would be useless no matter how good your intent is.

Why not ask her for some money and if she asks you what you want to use it for, tell her you want to use it to invest, you don't have to give her more details, I don't know how old your mother is but women are not always strong at mind when it comes to investment, if a man is ready to invest in 10 different assets around the world, either online or offline, women are always known to invest maybe in just 1 or none, the risks that men are willing to take, believe me, most women are not ready for it.

I learned this from my father when I was very young, and when I started my crypto journey, the only person that thought that I would lose and come back with zero results was my mother, women tend to believe only after you come back successfully.

Not until I made a big change in my life, that's when my mother started believing in my dreams, that's when she believed that Bitcoin was not a scam.

Exactly, generally in investing everyone has different ways, and if you invite someone to follow in your footsteps maybe for the sake of something better maybe that's good, but if you invite him with a force then obviously it's not right, and better not to do it. Previously you must remember that investing, especially in Bitcoin, has risks, indeed I understand that the profit is quite large but it will also always coexist with a high level of risk. I don't prohibit you from teaching someone, but it's true as you say, before you invite him you have to explain everything in detail about the benefits and risks that are there, and if you have done that then give them time, or let the person you invite to think and consider it first, because only he knows about what is best for him.
Well obviously, and if you choose to keep pushing them then don't be surprised if for example one day they experience a loss and the first person they will blame is you.

The best thing to do to stay away from problem with people is to keep the mouth shut never to say anything about investment with any one because it can lead to serious conflict between family and friends. If the result comes out bad they just believe they took the decision to invest because of your advise, and this can cause or lead to the loss of trust.

People need to be careful how they go about investment discussions with family and friends not to pressure anyone about investment,  people have the right to make their decisions how they want their money to be spent.

If that is the case he shouldn't post as something that is original rather op should make this post looks more like an advice to people by then we count it as an advice instead cooking it up to form a (superstitious) stories.
I know it's very hard for some to come up with a good story but in the case of op is different considering fact that he said the mom are still enjoying the benefits till date, do you look into that aspect?
I think those people who bought at then are still facing lose and they are praying for the market to come back the previous price in order for them to get back their lost funds (capital).

i remember my friend a few months ago i told him about btc and i explained about the risks of investing in btc and the benefits of investing in btc, and my goal was to tell him about btc because he asked me about btc and what is btc? then I explained the advantages, but he was not interested because he saw that investing in btc was very risky.

but one last Sunday he came to me and said that he had learned a lot from the internet about btc and finally he decided to invest in btc, and he was also very happy when I told him that in 2024 there will be a btc halving.

so your experience is very good so i think we can tell someone about btc, as long as we have to explain about the risks of investing in btc and the benefits of investing in btc.

We can tell our experiences and stories to anybody that we know. But only tell it to the people that you really know and not to the random people out there. Because still, you need to be careful to whom you're telling your personal story about bitcoin to avoid the personal attack. Yes, we're optimistic to tell our great bitcoin experience and stories to anybody but don't forget about news like this.
(https://cointelegraph.com/news/5-wrench-attacks-appear-to-be-on-the-rise-in-the-crypto-community)

In general, everyone has investment strategy that pesonally suits expectations, that's why it's actually no use to convince people to invest money into any project. Everyone has own motivation towards investment plans. Most people don't trust crypto since there is no mass use of crypto payments, I think that it can only change with time... Until that, a lot of people will prefer to have fiat money instead of investing in crypto.

We all know that bitcoin is good but people who are not well experienced about bitcoin don't want to understand even if we teach them. Since you told your mother about Bitcoin years ago and expressed interest in investing but your mother rejected them. But since your mother spent a long time doing research, she may have used that time and called you later to be interested in investing. However, we have seen many people who initially spoke negatively about Bitcoin and later became interested in full-fledged investment after doing research. But nowadays most of the people are most interested in investing, you will see people in present age if they are told about bitcoin they easily understand it and invest. But I think it's better not to force people if they don't agree to invest after telling them enough about Bitcoin. Although initially rejected when they were taught about Bitcoin, it was later seen that after thorough research, they again thought positively about Bitcoin and expressed interest in investing.

Well, it's just a simple matter because after telling them the truth and sharing with them real information containing bitcoins and its basics and also some preventive measures on how to protect themselves from scammers and frauds, all you need to do is free yourself from any blame like clearing everything that you don't ask them to invest rather you don't recommend it until they fully understand what's the risks and also the volatile should also be explained well for them in order not to get surprised when they witness the bloody crypto market for the first time because they will get shocked when they see it and some negative news will also follow after it so you better be good when explaining it all to them because if you can't do it well, it's just better to shut your mouth because the harm is big than the benefits you can give them.

You just manage to invest when the market is bull run and good thing about it but if you make a mistake that investment crash the market I guess you can make it again because it's a large possible loss. Seems you have made a profit already I guess you will learn from the possible mistakes for your next investment to secure another good position. Actually, there's nothing wrong with asking for parents investment but I guess it's good if you can earn on your own and not be dependent on their decision.

The grand visions take time to understand. Anyone who can afford to move will move
But something tells me he's learning one right now  :)

The biggest lesson we can learn in The crypto space is "Patient".

The sooner we spend time and study, the sooner we will get it and come on board.
And there are many missed opportunities that we'd spot with a wider lens.

The lesson is you should never speak about financial advises to anyone as long as you are accountant, CA, broker or some other form of expert investor. If it is going to be common or regular investor status then be it, just have your personal investments. Don't talk about it to anyone don't let others know about it. This is even better since you can preserver your anonymity status in the world of bitcoin and have more confidence  on your own investment. If you are going to just brag about it everywhere then devil eyes gonna come look for you and worst things can happen when it comes to Bitcoin holdings.

As far the investment and pressurizing it to your mother was really bad move mate. I can never imagine myself forcing my mum into something she doesn't understand at all? Even before that always remember above points about privacy of investment and then only ask someone else to get into it. Or rather avoid it and let them be themselves.

If you told your mother about bitcoin two years ago, then you were already familiar with it before signing up for this forum. If I may say so, you have some prior knowledge about bitcoin.

Most of us have preached bitcoin to friends and family members in the past, and some of us still do so now, telling our new friends we've recently gotten in touch with about bitcoin. We just do that for them to gain from bitcoin's financial freedom.

It's not always a good idea to persuade someone to invest in bitcoin because you will be held responsible for anything that happens after the investment is made.

Tell them about the advantages and disadvantages of bitcoin is the way to start, and then let them decide for themselves whether they are willing to take on the risk of investing in volatile markets without laying blame on you, for why you push them to invest in bitcoin when they are not ready. 

Yes, not only one detail you pointed out but many details it is really questionable as I said. Hopefully next time OP will have more good and interesting stories for us.

But in addition to we should not force others to invest in bitcoin, I also want young people to work and accumulate to invest for themselves instead of giving investment advice to others even if it is their parents. I think that a worker or a person with a low income should not give advice to the boss or people with a higher income than himself. They will never respect and pay attention to what we say. If we want to give advice that impresses them, the only way is to show proof that we are getting better at investing in bitcoin. That's how I'm doing with people I'd recommend bitcoin to.

If someone refuses our invitation to invest, then don't force them. Inviting other people to invest in bitcoin is great. But if he doesn't want to that's okay, just respect his opinion.

This is so wrong. What relationship do you have with your mother that will make her think you want to defraud her? This story doesn't portray good about you. Could it be that this story is not real.

Do they preach Bitcoin to people?
Anyone who knows that you are into Bitcoin will come to you and ask you to teach them and not the other way round. You don't go around preaching Bitcoin to people as if Bitcoin is a ponzi scheme or you are marketing a referral system that gives you commission.

If the story is true then I don't know why people like them think that forcing someone to invest  on bitcoin is really necessary. Since if they showing some interest about bitcoins they are the one approach you and ask something related with this topic. But if they didn't show some interest about it then best to let them what they want and if they didn't like the idea about bitcoin since they think its a scam then let them think about that. Focus on your growth instead of disturbing people and push them to like your idea.

More than that, convince yourself that you're a clean or trustworthy person, not someone who has had financial problems. I'm not really curious about the quality of your relationship with your family, but it sounds kinda funny when a mother suspects her own son is trying to defraud her.

People of different ages not understanding and accepting Bitcoin is a problem. Your mother may be unsure at first, but she changes her mind after learning more. The excursion is popular, which is comforting. You're right; people should be pushed to learn, but forcing agreement is bad. Investing in Bitcoin is both social and business. A group tries to transform money to make the world fairer. Not everyone initially agrees. A typical logical fallacy is thinking you can easily explain Bitcoin's value to everyone. Your mother and others must go where they must. Give sceptics freedom to study. Bitcoin's change-power will eventually work. Be careful, friends, for the hazards are tremendous. Every rise may bring a fall.

In early 2021 someone asked me if it was the right time to buy Bitcoin I just said it would be right as we aim to hold it long term and only use money we can afford to lose Unfortunately more people are interested in quick profit, so You and your mother are lucky that you didn't start two years ago, because I'm pretty sure if you managed to convince your mother and her to invest two years ago then what your mother said that you were defrauding was true because the value of her assets is currently declining which is not even nice to see.
I have never convinced anyone to invest in Bitcoin or crypto because it is risky just tell him what I am doing and if he becomes interested I would rather tell him the risks he will experience than the benefits because the crypto world will always be full of unexpected things.

I totally agree with you. It's really hard to believe someone when they are rushing to make you invest because I think he didn't research it very well and just only being controlled by his emotions. When we have something to tell a person, it's better to think well what to say so that the chance of believing you will increase. You know that there's a lot of scammers in the world and maybe the person you wanted to invest was once a victim of it. So we can't blame anyone if they don't invest, because they can decide by themselves.

The OP pressured someone (his mom) to invest in Bitcoin, during the height of the bull run. Apparently, his mother is an intelligent person, so she decided to ignore her son and do her own research.
So what have we learned from this case?

• Don't pressure anyone to invest and where to spend their money.
• When it comes to investments, don't blindly trust anyone, even if it is your own son.
• Always do your own personal research, no matter how long it takes.
• Buy the DIP and HODL.
• Don't be like Smartgoat, be like his mom.

Besides, as a listener to someone who is talking about things like this, it was our responsibility as well to do research, not just believe them right away. It was now on decision of the listener (like his Mom) to decide if he invest or not. This is why I don't see anything wrong with doing as long as we don't urge someone to believe us and follow what we are saying because the final say will be coming from them. Otherwise yes, blaming will happen next if they fail their expectations. 

Although it sounds not make sense since if her son defraud her, it will make her son get a same impact too. But they're still young and can't think about the future, so there's a chance she think her son isn't suggesting a good thing. However not all kids are good people, some of them are gambling addict or who're want to enjoy luxury life style, so they don't mind to scam theirs' own mother.

If you prove to them that their is a big profit to make from bitcoin it can lead them to be just too desperate to make money from Bitcoin,  and if they get into investing bitcoin with no knowledge but only with mindset to make money and the investment ends up wrong you will still be blamed for it. While giving evidence of good profit in bitcoin to beginners it is important to make them to know having understanding in Bitcoin is as important too as making profit from investment. Understanding leads to getting profit but if one is just moved to invest to become rich it will really end bad.

After giving people prove how profitable investing in bitcoin is, it is necessary to let them know not to rush into it but to make research on getting understanding about to be successful in gaining profit.

It is too risky trying to "preach" anyone to invest in bitcoin. Investing in bitcoin is more than just buying $500 worth of it. It requires research. Even if your intention in preaching to people about buying bitcoin is to hold for a long term, they need to know how to how safety and all things that every bitcoin holder should know.

Holding bitcoin is not a bed of roses. Do not give them the intention that once they buy bitcoin they are made for life. Or that is all there is to it. We are under no obligation to preach bitcoin to anyone. However, if you see some curious soul, tell them about it and allow them go on to do their own research.

We will behave differently towards the closest people especially family, and if we already believe that Bitcoin investment is profitable enough in the future then we will do our best to get them involved in this investment.
The important point is within us, namely if we have done a lot of research and have a strong belief in a bright future if we invest in Bitcoin so that we will introduce it to the people closest to us.
And our way of preaching is also different, there are those who only introduce and there are even those who forcefully (I am one of them)

But for other people, we have a different way, there are many things that have to be explained or there will be many questions that will arise so in my opinion it will be very troublesome to explain.

Therefore, I think we have different experiences and stories for different people.

In the end it will still be their decision, it is better that we only recommend rather than going too far like forcing them to invest in bitcoin, even though later the profits will be entirely theirs, but we must also remember that the market is not always friendly and it could be that by the time they buy bitcoin, the price of bitcoin has decreased very deeply.
We can recommend them and after that let them learn, if they ask us to teach them then it is a good thing, because we can tell them directly what should and should not be done when they invest in bitcoin.

I actually don't really like to show what I have gotten from bitcoin investment, I prefer when they ask first, because when they ask it indicates that they are starting to be interested in bitcoin.

It is really better that they are aware of the risk and also ask you relevant questions on it rather than being the first person to approach them to invest in it, because first, the risk of losing their money is also the risk of your friendship with them. If they are true friends, friendships are still there, but mostly in this case, this is where you start getting enemies when the investment fails. No matter what, don't ever pressure or tell someone to invest in Bitcoin without any knowledge or because they are not aware of the risk, just for your own good.

That's right, what you're saying makes sense, because there shouldn't be any coercion in investing and also don't force someone to follow what you're doing. If they accidentally see you or see the benefits you get and then they are interested then it doesn't matter if you want to give a little lesson on how to start investing and also emphasize more on the various risks that will be able to occur in it because you will not benefit if you don't dare to take risks. Because not everyone is interested in investing, and even if they are interested it might only be because of the benefits, they just want to get the benefits without the various loss processes that we generally experience. So it's true as you say, whatever happens no matter how big your profits are, never pressure or force others to follow you, because everyone is different and also every way and style of trading is different. The risk is that when they experience losses then you are the first person they will come to, remember money is a sensitive thing and can damage your friendship.

Whether your mother is financially savvy or not, you've shared information about Bitcoin. What I hope for is that you assist your mother in gaining some knowledge about the world of crypto, so she can make informed decisions.

If she's financially astute and already familiar with the realm of Bitcoin and cryptocurrencies, the process would likely be smoother. You might even have the opportunity to learn alongside your mother and exchange ideas.

Educating someone about Bitcoin who has never heard of it before is a challenging endeavor. As long as it's not forced, it's safe. After all, each person has the right to make their own choices.

While your argument that you shouldnt make people spend money is sound, your assertion that consumers are merely interested in "benefits" is overly simplistic. It would be a major understatement to claim that owners simply do it for the benefits. Particularly when investing in stocks or commodities, due diligence, a solid grasp of market dynamics, and a cautious evaluation of risk are all necessary.

Not everything is as simple as "being willing to take risks." In addition, you should be aware of the hazards, consider them, and base your decisions on your newfound knowledge. Your point is supported by the fact that everyone trades in a different method. But to claim that loss is inevitable and that we shouldnt learn from it or share it with others? This case is based more on fear and rage than it is on facts.

Investment is a system where the investor takes responsibility for all his risks. An investor here will never invest on Bitcoin under pressure or on impulse. Investing in Bitcoin is done at the investor's own risk. If someone asks to invest here by creating pressure, then he must take legal action against the person who created the pressure. Because investing in Bitcoin must be voluntary and planned.

Like you said in one of your thread that you invested in Bitcoin since 2017 (https://bitcointalk.org/index.php?topic=5465121.msg62771357#msg62771357) and you pressured your mom to invest in Bitcoin two years back that is 2021 I think so, I believe with out you pressuring your mom to invest in Bitcoin two years back I believe with your achievements as you claimed your mom will see it and invest in Bitcoin, anyway is a pity that your mom doesn't trust you as she think that you will fraud her of her money.
Please next time you want to tell person about Bitcoin don't force the person because the person will think that you are a scammer just as your mother did.

how can someone create pressure or encouragement to invest? and how can it lead to legal action?
you have to distinguish between encouragement in the form of solicitation or motivation or even just a suggestion to invest in Bitcoin with pressure in the form of coercion that can enter into a threat. It can be taken legal action or criminalized.

in the context of the OP, it's his family. which means that the pressure in question may be related to discussions from families who really like investment. Not being sure is normal, but how can a person who is not sure finally become sure by himself?

It's quite difficult, especially since they never knew about crypto or anything like that.
Ordinary people will think that Bitcoin or digital currencies that have no physical presence will disappear and are worthless.

In my neighborhood, Bitcoin or Crypto is only seen as a coin that does not have any influence, only as a toy.
They don't understand what Bitcoin really is, or what crypto is, so we as users who understand must provide good initial education, and explain briefly and clearly.

It cannot be forced, because everyone has their own choices.
If they are not interested, then that's it.
If you still insist on investing in crypto or bitcoin, when there is a loss, those who invite will be the main target for why they experience losses.

And aside from that - it was pretty hard to convince someone to invest in Bitcoin or in crypto when they never see how it changes your status. Some people just believe in a certain investment based on what they saw us, they believe in those people who can show results, not just words which is somewhat hard for Bitcoin.

This is why I don't tell anyone of my friends to invest in Bitcoin. Even though they that I was in crypto already but never I encouraged them to try because I didn't want to take responsibility for whatever happened to them when they were involved in this.

However, what compels us to expend our precious time persuading others to invest in bitcoin, without reaping any  benefits from doing so? They invest in bitcoin, means they are looking for profit for themselves, if they don't believe in it, they will losing their own opportunity. So, in my opinion, instead of spending time advising or convincing others to invest in bitcoin, we should spend time on our own investment. Because as you said, as long as they see the results we achieve, they will automatically trust us without needing to spend much time convincing.

Yes absolutely right, we shouldn't pressure anybody to invest in Bitcoin because is not a most for any body to invest, if any body really wants to know about Bitcoin the person will go to those who already knows about Bitcoin or do their own research about Bitcoin.
Pressuring someone to invest in Bitcoin is a suicide mission because even you that is convincing the person to invest in Bitcoin have no guarantee of the person success and if the person invested in Bitcoin because of how you pressure him or her to invest in Bitcoin and if the person lose his money on Bitcoin your trust to the person will be gone and the person will go around to spoil your name, so not pressuring anybody to invest in bicoin is the best idea, let them find their way in or come to you for your own idea.

You can educate someone about the crypto space and the benefits that goes with it but, do not pressure someone into bitcoin investments as bitcoin is not in anyway responsible for how people use it. Because of its pseudoanonymity, people use bitcoin for loads of unethical programs that requires people to invest their hard earned money without any form of regulations.

These schemes are not the main intent of bitcoin and the blockchain technology, they only use bitcoin as a way of transacting financially. If things goes south, it further destroys the futuristic idea of involvement in the crypto space.

I think if the person asks you about it then you should help them, but if nobody asked you about then you shouldn't really pressure them into talking about it.

For example, if someone comes in and asks you where they can buy bitcoin from, then you have a right to reply to them and that makes sense, but if they come in and ask you how you are doing, and you start talking about how bitcoin has been low lately and you are excited about getting more so that it would go up back to where it was and all that, suddenly you are promoting bitcoin to someone who doesn't want to hear it. That's why it is important and you should not be doing that. Just talk to people who are already willing to talk about it, otherwise do not do it.

But sometimes there will be people who want to learn about bitcoin but are afraid to ask, what should we do? In my opinion, it is not a bad thing for us to mention bitcoin first or automatically introduce it to people first, especially to our relatives. But one thing is that we should try to observe them, if they are interested in our story then we should continue. And if they show no interest, we should stop. Introducing bitcoin is not necessarily bad, but never force them to like our idea if they don't like it.

Your mother worked very well and through this act she proved that research is must prior to Initiation of anything. Its true that few years ago the price of bitcoin is was low and if she compared that price with recent price then may be regret.

But one better thing about this decision is that if she Put money at that time so she will not be profitable because of unawareness and all you know better that knowledge is key to success. Also she should have utilize little amount because of the higher risk involved in bitcoin investment but not a big deal with patience she can recover payment as well as can get huge amount as a profit.

You are right. I think it's fine to educate people around about Bitcoin, but never pressure them to become adopters, because if they do this under pressure, they are going to blame you later once BTC price falls and enters another recession. Besides taking responsability for you own investments you will also have to be responsible for the investments of people you pressured to invest in Bitcoin. It simply doesn't worth, because after all, you aren't earning anything with this. However, if you were a financial advisor or manager, then it would be another story, since that would be your profession and there would be a contract containing all risks and potential outcomes for the investor to sign, aware about everything.

I remember, there were similar posts such as this one where people were trying to compel others to learn and invest about BTC.

Remember that this applies to anything- trying to compel someone to learn about a certain subject can result to failure if they are not 100% wholeheartedly invested. If you try to compel them in investing into something they are not keen to begin with, you are just pushing your own ideals to them, without the latter fully understanding on what they are investing on.

Instead of forcing people to learn and invest about BTC, just initiate the topic about them. If they start to ask questions and curious, then that is the time where you can start explaining to them about cryptocurrencies.

I'm not sure if they're just too optimistic of this industry or if they are just making stories. Indeed if more people will know what and how this industry works, but in such way we are just exposing more people to risk. Let them seek with curiousity and interest. Sharing your knowledge is different from pressuring someone into something they're not familiar with. One's actions are affected by their knowledge and awareness of something. Maybe experienced investors are gaining profit but since they're still new, their decision making in every market price changes would be different as well. Guide them and let them decide wether to continue or not.

In the mechanism of wise, investing should be like that, his mother is a careful person in assessing an asset even though the time interval needed is quite long, maybe he also raises money first before investing in Bitcoin, it seems indifferent from the attitude shown, but Little by little he found out, it was better than someone who was interested because of his benefits without knowing the state of the movement of Bitcoin correctly.

Although 2 years ago was a pretty right time because it was close to the formation of a new ATH, but his mother had good wisdom and concern as an investor when acquainted with the new assets offered.
Of course, in Bitcoin must have to be patient to get a profit, if you want to get a quick profit will be quite difficult and can sell at the price of loss because of the market movement if felt every day is boring.

This kind of thing must indeed be avoided considering that people will ask for responsibility from people who forced him to invest when experiencing a price decline not only in Bitcoin, including all assets made into investment places, educating him to understand it is not a problem, related to any decision In its implementation in using Bitcoin it must be returned to the owner of the capital, because it will make a sad attachment if you do such a thing.
The average of the financial advisors that I met they said Dyor after explaining an investment asset or formula, especially for Bitcoin who had high fluctuations, they always said that.

The point you made is very correct. Before we educate and introduce Bitcoin investment to our family, we have to understand it for ourselves first, and of course we have to convey the basic things first so that it is easy for them to understand. After we explain everything, then leave the decision completely to him and don't force his choice.

Maybe these tips can be used to explain Bitcoin to family and parents. As much as possible stay away from technical discussions. Stay away from discussing technical matters about blockChain, etc. For people who are just getting acquainted with Bitcoin for the first time, they only need to know the basics, the whys. We help them find out why. Why should we have Bitcoin. What do we get if we invest in bitcoin, by introducing basics like this maybe they will quickly understand and want to invest in bitcoin.

The better way to add your friends to the crypto community,you need teach them more about the bitcoin.It’s not a good idea to force anyone to cryptocurrency investment,you can teach both the advantage and disadvantage of the crypto currency.If they agreed to join the cryptocurrency trading,then help them how to trade the cryptocurrency.Because they are going to inverse their hard earned money,you should not give any financial advice to anyone.The most important for the trader is they need to wait till the price back to the all time high for profit.

Trying to make someone buy Bitcoin or any investment is not a good idea. Why? Well, because these things can be pretty tricky. They can make you money, but they can also make you lose it just as fast. Everyone's got different money goals and how much risk they can handle. So, it's better to let people decide on their own when it comes to investing. Give them the facts, let them think it over, and support whatever choice they make without pushing them into it. That way, they can make the right decision for themselves.

Remember, it's their money and their future, so they should have the final say in how they want to handle it.

If you are also a wise investor, you will not also invest in something that you never know. It is not the reason why we invest blindly because of someone pressuring us but it is due to we simply believe that investment is good and we trust that person. Actually, it is in our hands whether we have to invest or not, not by the decision of others meaning, we don't have to blame that person but rather blame ourselves. Unfortunately, what we do is that we give responsibility to others while it is our money.

I agree that ideally the person doing the investing is 100% accountable for what they do. However, if someone persuades someone else into risky investments, the investor can't hold 100% of the blame since the persuader can make it sound lucrative.

I think just informing them about Bitcoin is also a good way to invite them to join cryptocurrency.  Let their interest work for them and make them research about BTC.  The information on the internet about Bitcoin is vast and I believe it will do more good information-wise if they learned it from the internet since we can find a complete list of resources there than teaching them what we know.  We can guide them, yes but I think having them learn it themselves due to interest will have a better fruit than spoon-feeding them.

First of all, any investment is something that is completely free to be done and chosen by anyone as long as the person who chooses and does it really understands the method and the risks. Apart from that, the investor himself is also very familiar with the asset he has chosen and has also done some research in the past on that asset so that he can be quite comfortable making a decision at this time. So this kind of thing is not a compulsion nor is it a bad idea to do it because it is already based on very wise methods.

Those who still want to remind you have also started and are making their own money so you don't need to assume that every carrier of information about Bitcoin and investment is out to take your money. But they could just tell everyone about it by making up their own minds after knowing it, so this is also something to keep in mind before judging other people's information.

My point is that giving some advice like "Bitcoin is great! I've made so much money from it" can be persuading them to think to buy into it.

Like I said here:

They are accountable for their investments, but in my mind its not good practise to convince people into investing into things that we may find interesting

It's excellent to educate certain people, but don't make it appear as if you have news you don't want to share. And it demonstrates that the profit is what most often piques people's interest in bitcoin without the profit, they wouldn't give a damn about anything else. Is now looking has if most people don't know that bitcoin also have its own gambling nature. If you are willing to take the risk, I can even use the no pain, no gain principle to induce investment in anyone. Not that you start bothering me if the investment doesn't go your way, forgetting that the person made the decision on their own. Everyone uses bitcoin in their own way, according to their own definition.

Only a select minority of my friends, I'd say, truly want to invest in bitcoin because the majority of them are aware of the costs associated with doing so and are therefore unwilling to accept the risk. That is a good point  made the advantage and the disadvantage should be made known to the investor has stated above before you get blamed. And after the fundamentals, mentorship—where you learn from an experienced trader—seems like it would be a good idea to develop the community's interested members. So that they don't lose there hard earned money. Getting money this days is hard.

In fact, making Bitcoin easy is the key to getting many people to use it. It's like setting up someone's first email account; they don't need to know about SMTP standards. Just send an email is all they want to do. In the case of Bitcoin, they want to know the "what" and "why," not the "how."

It's like teaching a child to ride a bike: first you give them a tricycle, then you give them stabilizing wheels, and then you let them go. Introduce the basics of Bitcoin, its growth rate, how it could help people become financially independent, and any possible risks. Get to the point: digital gold that is not controlled by a single group.

When they understand that? Show them your wallet and an exchange. Let them see it work and feel it. Remember that in the world of Bitcoin, you have to see to believe. Step back once they've seen. Give them room and let them make a choice based on what they know. At the end of the day, Bitcoin is a trip of discovery, and you are the tour guide, not the driver.

Convincing others about the benefits of crypto currencies and getting them to invest their own money in it is very hard. Especially when we talk to elderly people that are more risk averse, the concept of bitcoins and other crypto coins could seem risky at first. When promoting crypto currencies we should always be open about the benefits and risks involved. In case we only promote the advantages then it could seem that it's a save investment without risk of losing money. It all comes down to managing expectations, the times of getting rich overnight are over. Which doesn't mean that bitcoin and other coins are still great investment. Unfortunately, bitcoin isn't for everybody as some people don't want to take any risks with their money. Someone that only has a savings account at the bank and never bought any stocks or investment funds in the past should think long before buying cryptos.

Thats true, making someone understand the better part of bitcoin and invest on it is really hard. Teaching bitcoin to someone close to us is good, but the same shouldn't be a pressure at any situation. It is their own money and they should decide whether to invest or not. Out of eager most of the time we just throw the advantageous part and never brief the risks. At the beginning it takes little time to analyse and understand and come to a conclusion. What the mother have done is really good, maybe she had missed profiting but she had analysed, understood the risk and come to a decision to invest.

Well obviously, if you pressure someone to invest on something saying bunch of things, they would doubt about it. Cause that's what networking and investment scheme usually do. They would keep on persuading people to invest on something. So I understand why your mother was in doubt at first when you told her to invest. But rather than forcing or persuading others to get into Bitcoin cause you believe in Bitcoin, it's better to introduce it to them first without telling them to try it. Simply, introduce it to them. When they get curious or interested, they will most likely to study and research about it on their own.

People around me whom I helped introducing Bitcoin, I never really persuaded them to invest in it. They just know I'm into Bitcoin or crypto in general, and they are the one who'll come to me asking for help how to invest and such.

Bitcoin have advantages and disadvantages  for the investment and someone who is investing in bitcoin doesn't know exactly if the investment will benefit him or not, so pressurising someone to invest in bitcoin is not encouraging, what you do in bitcoin is what your mind tells you to do, so their is some things that is supposed to done with bitcoin investment and theirs is things that should not be done, because in bitcoin investment you have so many things you can do during the investment and you most at least have the knowledge of bitcoin and the risk that is involve in bitcoin investment before you invest.

The problem people have when introducing bitcoin to newbies is that they only talk about the benefits and they do not talk about the common challenges one will likely face when dealing with bitcoin. If in every introduction people can be open and go ahead to say about the challenges bitcoin has I don't think newbies will put blames on people when bitcoin market becomes tough for them. People just only want to say the good side and benefits of Bitcoin so they can easily catch the attention of this newbies and I wonder why they so much care about people accepting bitcoin when they don't really understand it and know the problems and challenges they may come across in the future. 

I see your point here. More often than not, people get scammed by those who are being too persuasive and putting pressure on others to hear them out and join. Instead, it is better to just put it out there that you are into Bitcoin and crypto, and allow them to be the ones to find curiosity in it. Let them learn on their own and just be available when they have questions and inquiries, that way you wouldn't feel so responsible and pressured for their decisions in investing.

I also agree, there are bunch of strategy to make people get interested on things that you want them to learn. Showing the result of your investment would be sufficient enough, it will trigger their curiosity on how you get that kind of profit and pretty much they will engage themselves on how to learn crypto.

If they themselves got the initiative on how to use crypto, you will be safe from blaming if their investment sunk since you will absolutely haven't contributed from their intent on investing on crypto.

If I’m not mistaking, I came across your post a couple of days ago in which you said you knew nothing about bitcoin. Why are you now saying you wish to let your mom know about bitcoin? Two years ago, you told her you wanted her to invest, but she kept rejecting your request. I think you should calm yourself down on the forum and do the needful, in which the forum will benefit from what you are bringing up. Creating this type of thread will not help you because I believe you are doing all this just to get merit. You forget that you can be merited with a post that is not meaningful, so try and contribute meaningful contents on the forum next time you are posting, mate

If your mom invested some months ago, why is she enjoying her investment at this moment when the market is low? Did she just invest and sell the bitcoin without thinking of getting a profit? I think you still need more knowledge about bitcoin investment because this shows that you are not even checking the bitcoin price to know how the price is, and even if you invest, you can't know how the market goes.

However, I can see that for the past few months now, people have been using the opportunity of how low the bitcoin market is to buy more, so why did your mom buy at a very low price and sell without making a profit? If she truly bought bitcoin as you claimed, she would’ve never sold it because she can’t even get her money back. Talk about profit!

When encouraging people to invest in bitcoin, i prefer to talk more. Most people don't like to do research and are tempted by what they hear from others. It's wiser to talk about the attractive aspects of bitcoin instead of pressuring them. So i don't hesitate to tell them about bitcoin. Compared to 10 years ago, i would say it's easier to explain Bitcoin now. It's easier to explain why people should invest in Bitcoin by referencing the recent bull run and halving periods. Then we can talk about the philosophy of Bitcoin and the revolution it will bring to the monetary system.

That's right, there's no need to pressure people into investing in Bitcoin. While Bitcoin has high potential for the future, it also comes with high risk. When people invest without understanding what they're doing and simply follow the hype for possible returns, they may blame you if the investment doesn't pan out.

Knowledge is crucial so that they don't panic when the market experiences fluctuations. It's important to understand that there are ups and downs, bears and bulls in the market. As an investor, one should be aware of these possibilities. It's encouraging to see people returning to plan their investments because they have a better understanding. Hopefully, everyone will do their research so that there are no more uninformed investors thinking that investing in Bitcoin guarantees a profit.

When someone teaches another individual how to use Bitcoin, there are typically several reasons behind it, often aimed at facilitating transactions or for investment purposes.

If you wish to introduce Bitcoin as a convenient, bank-free transaction tool, you can start by acquainting them with Bitcoin's features. There's no need to overwhelm with numerous features; just introduce simple functionalities like real-time BTC transfers using a smartphone wallet. Curious individuals will seek further information about Bitcoin and its advantages. Your task now is to guide those interested in learning about Bitcoin to avoid making misguided choices.

To introduce Bitcoin as an investment, showcase the benefits you've gained from your Bitcoin investments. Everyone is interested in "how to make money," as we all recognize the need for funds to fuel our lives. However, don't allow them to choose the wrong methods offered by scammers. Your responsibility also involves keeping a watchful eye to prevent them from falling victim to fraudsters in the crypto world.

Pressuring someone to invest in something or to invest in bitcoin is not a good idea at all because it is very risky. Let's take your mother as an example; when you first introduced her to bitcoin, she initially expressed no interest, and you didn't press the issue. However, after doing some research on the currency, she returned to you and expressed interest. Then, since you did not urge her to invest again, if anything occurs or the price of bitcoin drops and she is unable to sell it when she anticipates, she won't hold it against you. As a result, there won't be any friction between the two of you.

And once more, when you are introducing someone to bitcoin, make sure they are a well-informed and educated person because some people are difficult to understand. Some people will invest their money in bitcoin because they believe they will profit from it if they do so after you explain what it is. However, not everyone can invest in bitcoin because it is a type of investment that you must be capable of doing in order to do so.

Well of course it is not a good action, and in my opinion it should be avoided, do not let you or anyone suggest someone with various coercions to then invest in bitcoin and obviously one day there will be many things that you never expected to come, as you said, if something happens to the price of bitcoin for example a bearish phase that is long enough so that they experience losses then surely they will come to you to ask a lot of things or maybe blame you.

Yes that's right, I would also slightly suggest that you explain it in detail because as we know bitcoin is very volatile and anything can happen there, especially maybe experiencing a lot of losses, the point is not to choose the wrong person when you want to introduce bitcoin and emphasize the risk of loss more than the profit, as we know almost everyone comes for profit but they don't focus on the loss and in the end many lose a lot there. So it's better not to be too much if you want to introduce bitcoin, you can do it but it must be to the right people and really easy to understand.

Pressuring people to invest into any investment particularly bitcoin will only make them doubt your sincerity, and they might be thinking that you’re probably pushing them to invest and when they start losing, you’ll become responsible of their instant losses. That is why it’s never on my personality to convince people to trust and invest bitcoin. Instead, when I see them become interested on it, I keep on advising them to research first and learn a lot from bitcoin before they’ll decide to risk some money. Bitcoin is highly risky so one needs to prepare for it before entering the crypto market.

Bitcoin investing is like any other: you must understand the risks. Your description of the possible family tension is accurate. Investment tips can improve or weaken relationships. Its fine to introduce someone to Bitcoin, but trying to encourage them to spend before they realize its volatility is perilous.

The person's mental capacity is crucial. The complexity of Bitcoin can mislead even experienced buyers. The fundamental technology, market manipulations, regulatory news, and economy-wide factors affect its behavior, not just price movements. This can be like delving into a complicated book for a beginner.

While caution is necessary, Bitcoin's immense potential should not be overlooked. Its about changing how we think about money and value transfer, not just making money. Its a dance between fear and acceptance - you must enter with your eyes open and feet planted.

It will take at least two years for your mother to learn all the advantages that can be obtained from investing in Bitcoin. Your mother's interest in wanting to invest in Bitcoin is 10% from your invitation two years ago and 90% from her curiosity about your invitation. Imo.

At first he didn't realize the potential that could be generated from investing in Bitcoin, after you asked him to invest, he started learning little by little about Bitcoin. Now that he is mentally prepared, of course his decision is based on an understanding of all the risks that could occur. Guide your mother to become a successful investor, her confidence will make it easier for her to be independent in investing even when you are not by her side.

When you talk more about the attractive part, then you are getting everything wrong. Why will you talk more about the attractive part just to encourage people to invest in bitcoin? What if things go wrong after investing, and those people to whom you introduce bitcoin don't know about the necessary things they need to know about bitcoin? Because you want someone to invest in bitcoin, that doesn't mean you won’t tell them the facts, you have to tell them that they can lose money in bitcoin investment. You shouldn’t just focus on profit alone in case if loss comes in, they won’t be surprised or disappointed.
 
Some people have been brainwashed, and they don’t even know they can lose money after investing in bitcoin. They have the belief that if they invest their money in bitcoin immediately,  they will be in profit, so whenever they invest and they notice there money is reducing, they will start tagging bitcoin as scam and they will blame the person that introduced them to bitcoin and might also tag the person as a scammer.

Losing money just because they sold it, if they didn't sell when the price dropped then there would be no loss.
And about being brainwashed maybe they don't know any risks that will occur in Bitcoin investment.

They really have to learn fully in order not to lose money on Bitcoin easily. Just need to hold and profits will come.
Some people start to dislike Bitcoin because they have been harmed by Bitcoin, of course, it becomes a negative view of Bitcoin because of the lack of education on how to invest well and what the risks are.

Bitcoin has great potential to grow after a bear market like today, and when that time comes then those who say that bitcoin is a fraudulent investment or something like that will understand that they don't have any knowledge about Bitcoin.

It is pretty true. We just need to share necessary information about Bitcoin. And we must tell all the facts of it, don't preach someone based on our own opinion. Show the positive and negative sides, too. So, when he/she realizes the advantage and disadvantage of it, he/she won't be so surprised. It is really important. Because if we don't tell honestly and just tell the advantage, she/he will be disappointed when she/he knows the negative side.

Sure, when it is about the decision to invest or not, let he/she decides it him/herself. We mustn't force someone to invest in Bitcoin, even she/he is our family member. Bitcoin investment isn't only about potential profits, there is a possible losses and risks as well. If we force someone, he/she will blame us when there something bad happens in the future.

When you persuaded your mother to invest in bitcoin, I don't know what the price of bitcoin was at that time. But maybe at that time the price of bitcoin was quite expensive, and now the price of bitcoin is quite cheap. So maybe you're lucky that you and your mom haven't bought bitcoins yet, and now that your mom has agreed to invest in bitcoins maybe this is the right time. Bitcoin has a low price and will soon be halved

Apart from the potential profits of investing in bitcoin, you also need to consider the possible lose. But from your story, your mother has been researching bitcoin until she finally agreed to invest 5k. For me that's a lot of money, I hope you get profit from the investment you make

$5k is not such a huge amount of money, but then, its still pretty sum of money I wont be happy to lose, not going to say that investing in bitcoin come with a guaranteed profit, but then, I have my personal believe that anyone investing in bitcoin will hardly lose their money, as long as they are investing for the long term, and also not trading with the bitcoin, that is selling at a bit higher price in order to buy more back at a cheaper price, doing this is risky most especially for newbies who are yet to really understand the in and out of trading, so yeah, as long as they don't engage in this activity, chances of losing in bitcoin investment is very rare, as long as the investor invested for the long term.

I would classify $5k as a huge amount of money as I am already in a poor country, but no matter what you are right, as long as you go for long-term holding, there is a higher percentage that you'll be earning profit only if you are patient enough to hold it for a few years because, checking the historical data, you've seen that year by year, the price of Bitcoin goes up, so just imagine it will still continue the trend and the cycle, so it is a sure-win situation.

Yes, however 5k is a lot of money. And when it comes to crypto investments, Bitcoin has the lowest risk of any altcoin. To be honest, I don't recommend trading for beginners, because it is riskier than holding bitcoin for a long time.

Maybe I can't recommend anything to him, and I hope he also has his own analysis with 5k to invest in bitcoin. But, maybe he can buy bitcoin in stages, so that if the price of bitcoin falls he can buy it again with the remaining money


In my opinion, 5k is a lot or a little depending on our finances and our monthly income. But the more invest, the bigger the return, sometimes in life we ​​may need to bet for a better future

I will advice such method should never be repeated, forcing her is more of putting her life at risk, it is better to introduce it then let her find reasons by herself. If there was a crash after that investments, I hope you know the health condition you would have thrown her into and the  thousands of blame that will be on your head. As new beginner, investing what you can afford to loose is the best, profit should not be the priority if one can not manage the loss when it happens

Precisely. Stating those positive things only is like deceiving them. They will be attracted to invest and expect to get profits, but when opposite happens, then they will start to attack you and blame you for giving them wrong information. That’s exactly the reason why I don’t chase people to invest in bitcoin. Although I believe bitcoin can be a life changer at some point, but it takes knowledge and exceptional skills to make it finally happen.

it is very difficult to convince someone if they don't know about it, especially when it comes to money matters until they learn for themselves and make their own decisions. This makes many people too late to realize something big in front of them and it also makes many people regret it.
Until now, I have also stopped short of actually convincing people that bitcoin is a good investment. I prefer to tell them to do their own research, so that when they're interested, they can ask me, and if not, I don't put much effort into it. Well, I have also done the same thing to other people, but they think that bitcoin is a gambling tool.

If a person shows interest in bitcoin and needs help, then we need to do everything in our power to help him. And do not think that this is a risky purchase and a person can lose money on it, because in the end it may turn out that this person will take advantage of this opportunity much better than us. And to take the initiative, with regard to bitcoin, it is not worth it, let it be a conscious decision.

Well, it's still kinda risky, and you should say that before making someone buy Bitcoin. It's always better when you DYOR, and we should teach others to do the same.

Putting pressure on someone does not lead to good results. A person must understand for himself that investing in bitcoin is a great advantage, he must want it and look for ways to learn it himself. People do not appreciate when they receive something from others without putting in their own effort. And even more so, they don't appreciate when they are forced to do something, even when they like the result in the end. Gratitude from such actions is definitely not to be expected.

In analogy, this is true, because when someone wants to do a job without any coercion from other parties, he will definitely be very comfortable doing it and will accept every consequence. However, profit will remain his priority because that is the main goal that must be achieved after going through several things before it is achieved, because the problem of losses that might occur in his work is clear to him and he is also definitely ready to face it.

Coercion of any kind is not good, but it also won't affect someone's life if the work is for the crypto space or Bitcoin. Because those who have wise thoughts, of course have thought about the risks that could occur so that they will be sufficiently prepared for this and will not be surprised when it comes to them, and their health will also be well maintained.

How do you intend to help one to trade?? Is by telling the person what to do in trading or you take the trading upon yourself by trading for the person and what if the trade don't come out with a good result,  what will be the expectation of the person.  You can decide to share some trading knowledge with the   person,  the persons interest on trading should trigger him/her to go further to get to more knowledge. I don't really buy the idea to help a beginner to trade rather it is better to share helpful tips that can the person to trade.

Decentralized banking and Bitcoin, in particular, are based on the idea of voluntary involvement without coercion. Most people who enter the cryptocurrency market do so after thoroughly weighing the benefits and hazards. Lack of compulsion does not, however, imply lack of influence; false information, irrational exuberance, and market manipulation can all still be at play.

Although your emphasis on "wise thoughts" and readiness is important, it does not provide protection from systemic vulnerabilities. For instance, few individual users could have anticipated the risk that led to the Mt. Gox disaster. As a result, while each player must take responsibility for their own actions and results, everyone involved must work together to protect the ecosystem against fraud, hacking, and false information. Even in the crypto space, nobody is an island.

The decision of your mom is right. You can't force anybody to be involved in Bitcoin to make an investment in Bitcoin. It A human nature not to believe until they do their own analysis, In this case, your mom first does not accept but when she hears from another person she believes. Bitcoin needs consistency and patience if you force someone then maybe he will work for just one or two days and then he will be bored because you force him to do this instead if you tell them nicely what is bitcoin, how it works, its benefits and also your profits are taken from bitcoin then I think your words will effect on him and will start some research on bitcoin and at last he start investing in bitcoin.

Create the seed of curiosity in their mind. Never put pressure. Once they try it out on their own, they will understand the value of it. We humans have been like this since the beginning. Curiosity creates the idea to explore and by exploring, we learn new things. When people pressure us to do something that we have no idea about, we tend to avoid it as much as we can. But when we explore that on our own, we get attached to it more than others.

Curiosity is the best choice to teach someone about something. Let them do it on their own and if they get stuck at some point, then you can teach them. Otherwise, all your effort will be for nothing.

People shouldn't be pressured in to doing anything other than being pressured to "do their homework".  As a financial advisor I'm constantly pressuring people to simply look at their financial situations and do homework on investments and things of that nature, never pressuring them to take action to purchase anything, but simply taking that action to see if purchasing investments made since for their situation.

I'm glad things worked out for your Mom in this sense.

Losing money while investing in Bitcoin is very hard to happen,  and unless you choose to sell your Bitcoin while the price is at the bottom is the only way to lose with bitcoin,  but as long as you hold your Bitcoin as an asset you lose nothing and you stand the chance of gaining from your Bitcoin holding on the long term so this is one thing we must all have to come to term with.

Putting $5k into Bitcoin may not mean much depending on the financial level of the investor,  but also note that of 5k is properly held, it could give some satisfying return in the long run.

When I found out about bitcoin I told some of my friends what it was and why I was going to invest, I simply told them that it was well worth taking the risk but no one decided to invest. The main reason was because they didn't want to spend time doing the researches I did and trying to understand better why I was investing in bitcoin. I'm still in touch with them and sometimes we talk about cryptos, they deeply regret not investing when I told them to. But everyone is different, I don't blame them, and I would never push anyone to invest in bitcoin, I don't want to have any kind of responsibilities.

Especially women are not quick to decide to invest money on anything. Because they are very afraid of investment. And two years ago people were not as aware of Bitcoin as they are now. Although then there was a golden opportunity to make big profit. Your mother also missed that opportunity. Our mothers are mostly older women so they are less aware of technology and therefore it is not possible to explain these things to them very quickly.

It is great to hear that your mother has agreed to invest in Bitcoin and has invested a large amount like $5k in it.  First investment $5k is a HUGE investment.  But you should buy a hardware wallet for your mom.  And hold the bitcoins there.  Because she is new here and she has a large amount of bitcoins so they are too risky for her now. She invested in Bitcoin because you explained to her the benefits of Bitcoin, so make sure that he doesn't become a victim of hacking and create a negative perception of Bitcoin.

and that is by sharing our success in crypto(though we also need to tell them about failure and potential losses) yet this will trigger them to dig deeper about how and why there is a possible profit in this.
and how and why they need to trust investing their money inside crypto.

for how many years that we are already gaining(with losing of course) here in this market.
i think it is the time for them to try it out as well.

we have no rights to push everyone specially in a very risky but profitable place or market such crypto.
so what we need to provide is Idea and knowledge and it is for them to dig out.

mature and understandable people will surely be lure by us telling those .

I see that the behavior your mother took is logical and natural. You cannot come to someone and tell him to give me a huge sum of money to invest in something unknown! This is illogical!

Bitcoin is unknown to your mother so she did absolutely the right thing and did her own research before investing in something unknown to her.

It is unethical to pressure someone into making an investment, including one in Bitcoin, and it can have unfavorable effects on both parties. Instead, the following ethical principles should be followed if you want to offer guidance or information on Bitcoin or any other investment:

Educate, Don't Pressure: Instead of putting pressure on someone, give them instructional materials regarding Bitcoin and cryptocurrencies. Describe the dangers and potential benefits involved. Encourage them to do their homework and choose wisely.

Share Your Experience: If you have any firsthand knowledge with Bitcoin, feel free to talk about it with others without trying to persuade them to invest. Talk about your experiences, the hazards you have faced, and how you have handled those risks.

Prior to discussing investments, be aware of the other person's financial objectives, level of risk tolerance, and time horizon for making investments. Everyone may not be a good candidate for bitcoin, therefore investors should make judgments based on their circumstances and goals.

Promote Diversification: Stress the value of having a diversified portfolio of investments. The asset class of bitcoin should be viewed as merely one of many. Risk reduction may be aided by diversification.

Respect Their Decision: If someone makes the decision to forego investing in Bitcoin after carefully reviewing the information you have provided, respect their decision. Each person has a distinct financial status and level of risk tolerance.

Beware of Scams: Make sure the person you're speaking to is aware of typical cryptocurrency scams and how to defend themselves from unethical practices. Being cautious is crucial given the prevalence of scams in the cryptocurrency industry.

Consult a Financial counselor: Encourage them to speak with a knowledgeable financial counselor or investment specialist who can offer them individualized guidance based on their unique situation. They can get expert advice to help them make wise selections.

Stress the importance of having a long-term perspective while making investments in cryptocurrencies like Bitcoin. Price swings over short periods of time are frequent, and losses might result from panic selling.

Avoid Using High Pressure Sales Techniques: Never use high pressure sales techniques or manipulation to get someone to make an investment. Such methods can damage your relationship with the person and foster mistrust.

Moral Conduct: Keep in mind that moral conduct is crucial in financial problems. When talking about investments, it's critical to uphold the trust of others because your reputation is crucial.

In conclusion, always approach a conversation about Bitcoin or any investment with empathy, knowledge, and respect for the other person's decisions. Encourage them to make well-informed choices in line with their financial objectives and risk tolerance while being aware of the potential downsides of investing in cryptocurrencies.

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I personally had a negative experience of communicating with people when I told them about Bitcoin and other crypto projects. At that time, they considered me a fraudster who was trying to deceive them. This happened several times. Since then, I haven't told anyone. People should make their own decisions without the intervention of others.
It's a pity that I went through such a process, and maybe it's all for the best. There is also some experience here.

Anyway, your mom finally invested in Bitcoin. At first your mother didn't understand Bitcoin well, didn't agree to invest in Bitcoin for the first time. By the way, did your mother invest all her money in Bitcoin? Not all money should be invested in Bitcoin. Your mother has little idea about Bitcoin, maybe not even a good idea about wallets. So you should let your mother store bitcoins in a good wallet.
Op, the way you gave your mother the idea of ​​Bitcoin. Now if you go to give ideas to others in the same manner, he may not understand. Because, not everyone will understand Bitcoin in the same way. To give someone an idea about Bitcoin, one must discuss the negative and positive aspects of Bitcoin. Investing in Bitcoin is risky, risks must be discussed.

and yet being asked here, this is not  as something as OP might do.

pushing others to invest in something you don't understand and know is something suicidal for me.

well "MOTHERS KNOWS BEST" so yes it is a best step for every parents to ask and do for their future, as the family is the first from them.

We can agreed to help someone through a process but also they will have to develope interest in going through the process of what we are bringing to them to make the whole thing a perfect job well done, there's nothing too big about learning something new, we can trade or do other things we so wish with bitcoin, but we should never forget that there's always a demand for everything we do in cryptocurrency, this is why it is required of us to go through the normal procedure in acquiring the best deserving knowledge for it.

The point should be like that. Because if someone tries to persuade or invite someone to invest in Bitcoin, there should never be an element of coercion or providing direct understanding in high doses. Because the understanding/material that is given suddenly and at length usually will not be absorbed properly by the listeners.

Because, for example, you feed someone rice, but you give too much or too much rice. Surely the person will not be happy, but what will happen is that the person will choke, vomit and the person who was given the rice will definitely be angry. So that's what will happen too, if we give the understanding, the knowledge, about Bitcoin too directly or too directly to anyone. The results could actually be less than good.

So start slowly, and don't immediately start the debate with something that is difficult or too long. Because inviting someone to invest in bitcoin is not as easy as inviting someone to invest in gold or property. That's because bitcoin is still unknown to many people.

By giving them the idea to find opportunity into Bitcoin is already considered as helping, but it shouldn't be like a spoon-fed where almost every move and decisions are still up to you since you are more knowledgeable and you're the one introduced them into Bitcoin. It would really depends on the person if it picks their attention and interest if they would put effort to really understand what you meant by introducing BTC. Process is really important cause without that probably they wouldn't learn anything especially the experience that would help you in this industry. Let them learn on their own pace and their own techniques to learn I agree that tips would but almost do trade for them is not a good thing to do.

There are still some people for whom, even after telling them the risk involved in a particular thing, you need to give them time to digest the information they have gotten in order to come up with a better decision. Any decision regarding an investment should not be taken so hastily. Some people will be fully aware of the investment risk, and they will go ahead and put their money into the investment. If the investment does not become successful, they will feel really bad and can face some psychological challenges. Yeah, I agree, and like I said before too, investment plans should not be forced on people so that when things go wrong, you will not really take all the blame and be tagged as someone who forced them to do what they did. There's no one who feels very ok when their investment fails and they lose their asset, so whether a person invests the amount they can afford to lose or not, it doesn't mean they will totally feel happy when they lose their investment. Although someone who has a good idea about Bitcoin before investing in it will not lose their asset if it is sold cheaply or is hacked,

Basically, it is never recommended thing to approach someone and ask them to make investments in Bitcoin or cryptocurrencies. You can make suggestions, and give them knowledge about them, but you should never encourage them to make any investments because as you said, if investments they make because you told them to do so, the blame will be on you because you are the one who encouraged them to make those investments.

This is the biggest reason why I don't like asking people to join Bitcoin or invest in cryptocurrencies because I know that even if I tell them about the risks involved if they lose money, I'll be their target for those losses. That's why I only tell people about how things work and what's good and bad about them if they ask themselves.

No no. Never share your experience with them in the beginning. Make them feel like you are trying it out for the first time too and you know a little bit of it here and there. As humans, we tend to learn together and make a competition on who can learn first and get better at it. If you say you know more than they can learn on their first try, they will ignore you or try to copy what you do. They will try to be better than you. In that process, they will skip all the beginner stuff and jump into the advanced things to catch up to you. And that's not a good thing, is it?

Make a space where they can think that they can learn with you can look up to you when they need help. Not your losses or your profits. That comes later. If they learn from the ground up, it will be easier to teach them the concept of profits and losses. It will be an easy job for you too. Lastly, the most important thing is never to push them if they refuse to do their research and learn. Even after learning everything, if they refuse, respect their decision.

You can educate someone about a certain investment or specifically bitcoin but you can never decide for himself, because investing needs prior research and studies so you can prepare for its risk and to avoid losing as well in the process. That is how OP’s mother is trying to do and now after a series of research and studies, she’s now certain with he decision because she knows already the high potentials of bitcoin to succeed in the future.

It’s very good that OP’s mother did her research. I think that if I told my friends about this, they wouldn't even want to understand it, but would only trust my advice. To some extent, I'm even afraid to tell them about Bitcoin because if they invest their money in it, there is a chance that they will fall into a bearish trend. With the lack of experience, it will be a nightmare for them and perhaps they will refuse me. I advise many people to think before telling their friends about Bitcoin. Yes, it’s hard for me to say this, but not saying it at all is also a mistake.

In the process of forcing anyone to invest in bitcoin, they might end up tagging you as a scam. All that should be done is to enlighten people more about bitcoin, then leave them to do more research, and they should make the decision whether to invest or not by themselves. If you end up forcing anyone to invest in bitcoin, if bitcoin starts dumping after investing, they will think you have cheated them.
 
Some people overhype bitcoin when introducing it to people. When introducing bitcoin to people, make sure you enlighten them about possible ways in which they can lose money in bitcoin investment and make sure you tell them the possible measures to avoid that. We shouldn’t just talk about profits without telling them about losses. Some people decided to tag bitcoin as a scam after losing money in it, and they weren’t informed that they could lose money before investing.

I think being persistent is the right term for a person who always persuades a person to invest in Bitcoin.  No one can forces someone to invest in Bitcoin unless they coerce them.  I agree that we should only give information and leave the investment to the person.


When people overhyped and then suggest investment, it is possible that there is a hidden motive in there.  Probably the person explaining wanted his investor to invest in Bitcoin under their referral to earn something from that investment.  We all know exchanges have also an affiliate program where the sponsor or the person who refers users will have a certain percentage of that person's trades.

I don't even know what will benefit the educator for mounting pressure on the newbie to make sure that he invested, putting pressure on someone for an investment that has a high risk like bitcoin will only lead to frustration and disappointments when the market dips and they are loosing their money along gradually, both of you will not be at peace because you would have also made some vain promises about bitcoin to always provide them with the desired profits if they invested.

This isnt only affecting about those personal views and opinions or impressions but also it would really be affecting your personal relationship with someone if you do have that kind of behavior in speaking about forcing out someone on knowing or dealing with Bitcoin or crypto as a whole on which you would be likely to be blamed on on the time that the market would really be giving
some bearish movement and this is something that you should avoid on having some conflicts with other people or the one you do love just because of having that opposition when it comes to interest.

This is why it would really be that ideal that letting them be on what are their views and opinions about Bitcoin on the time that you do make out some explanation and on the time that they do show off some interest then this is the time that you would really be making out some indepth explanation on which they could really easily understand.

Yes that's absolutely right and also don't let you do something like brainwash them and lead their opinion according to your opinion about investing, to be honest I also never invite others even my own friends to enter this field, but maybe I just tell a little story and if they are interested then I will teach from the basics, but still I will not say that investing is a solution that they should take to improve their finances in the future or maybe the common thing is to make a profit. Because it won't always be as expected.

So the point is if you really want other people or for example friends around you to progress by following the investment steps you take, I hope you just tell them about the basics, don't exaggerate like for example you will be able to get a lot of money there, because that's just talk that won't always match your expectations, so just tell the basics and the rest let them go through, so that you avoid some people who want to blame you.

To be honest, yeah. I wouldn't really share too much of an experience with them. It kinda gives them the "rushing" feeling to be successful and with that, they kinda make rash decision thinking that they could be like you or successful as you.

That's a good point to be honest when we're going to share our crypto stuffs to other people. Jealousy and some negative stuffs tend to arise when you're going to include friends in crypto. Copying what you do is the worst way they could do especially in trading and you might even get blamed for it

Right Everyone has a personal decision and desire. and when something involves financial matters, a proper research is required. so no one can ever impose the decision of others in the matter of investment. But one can be attracted to invest with proper guide and advice for something. In this regard, Bitcoin is a potential currency where investment has the potential to earn a lot of profit and it is a very promising coin for this technology era and this digital era. which will serve as an alternative digital payment method in future in every international payment gateway

A lot of people make this mistake, they get into the industry, find Bitcoin and cryptocurrencies fascinating, and they get excited, and out of that excitement they tell people about them and also ask them to get involved without even educating them about the risks involved with cryptocurrency investments, and when the people they invite actually invest some money in cryptocurrencies and if they lose money, they will put the blame on them because they are the ones who got them to put their money into it.

This is the reason why I never take the first step and introduce people to Bitcoin or cryptocurrencies, I might discuss it generally but I would never ask them to make investments in it so that they can get profit, and if they ask themselves, I always tell them that the market is very risky and there can always be negative outcomes as well.

It is a big mistake to tell someone that if they invest, they will definitely make a profit. Every investment carries risk. An investment cannot guarantee a hundred percent profit. We should always explain the risks to the investor first. We must say that the amount he invests should be at an amount that will not leave him in a difficult situation if he loses his investment.

Therefore, as you said, we should not make mistakes by making empty promises to investors. Some people can listen to the words of others and act without questioning. That's why we have to be careful not to say empty words.

Hidden motives!
I wonder if there are those out there that are doing their outmost to get people into picking bitcoin investments for trading purposes. That would be such a wrong move on there side and one that is mainly birth out of greed.
Just how do anyone do that?
Convincing a newbie to bitcoin or cryptocurrency to come take up cryptocurrency trading just so the invitee could get referrer bonuses and trade bonuses, that’s not being a good friend to such individual.

It takes a lot of energy in trying to convince someone. I think the best approach would always remain in you having to leave them to convince themselves. You can’t really convince someone who doesn’t think that which s/he is being introduced would benefit them. They have to convince themselves before you could win them over.

Still, it would be a good idea to jot over exaggerate things when trying to win them over.

In my opinion, the best option is to never convince anyone of anything, especially when it comes to money because it is very sensitive.
And I personally will educate a close friend or family member, as long as they themselves want to. Then let them make up their own minds, and tell them the risks, pros and cons of Bitcoin or other cryptocurrencies so they can consider them.
And convincing someone to invest in Bitcoin or another cryptocurrency can be a challenge, as it is a highly speculative market and many people may be hesitant to invest their money in a volatile asset. However, we also need to educate them if that is their own desire and not persuade or convince them, but only provide simple knowledge and understanding that is easy for them to understand. If not us, who else?

When someone is trying so hard to sell you something, they usually have something to gain from doing so. We often blame crypto influencers for misleading their followers whereas regular bitcoiners like you and I do the same to their friends and families. It doesn’t always end well when you introduce a close friend or family member to investments, they somehow hold responsible for any loss they may incur because they feel it’s your fault they are losing money, these things can break a relationship and I don’t think it is worth it.

Is reporting the right thing a compulsion? but we are currently in an era where when we preach the right thing, we are seen as someone who is pushy, I don't find anything wrong with us talking to someone about bitcoin, it's your right to talk but the approach you take must make they are comfortable because things that start with a hasty attitude will only end badly. parents are the people who gave birth to us, they have been used to giving us lessons since childhood, so it is very natural for them to reject the bitcoin that we explained at the beginning.

You are probably right, the relationships that we have built over the years with our loved ones and friends are at risk. I don't want to risk it. It’s better to let them find out for themselves on the Internet or on television (although I think they cover it from a negative point of view). And if after that they are interested in Bitcoin, then you can give neutral advice if they ask you. Or basic safety tips that beginners need at the beginning of their journey. I definitely would not give financial advice on the rise or fall of Bitcoin.

Explaining Bitcoin to parents is very challenging and difficult, because there are more than 4000 different cryptocurrencies circulating on the market. Of course, when explaining bitcoin we will also explain altcoins and this will make those listening dizzy. So we have to explain slowly and the purpose of creating bitcoin in detail so that in the end many people have been able to gain profits from investing in cryptocurrency.

Therefore, there is no need to rush to explain it. Even if he already understands, we don't need to impose our will on his decision. So your mother made a good decision not to invest immediately after you explained. Instead, he researched it himself so that in the end your mother wanted to invest in bitcoin. In essence, to make it easier to explain the use of investing in bitcoin, it is an investment for the long term because bitcoin is better than gold. There is money, don't just save it, but rotate it either for business or future investment, because if the money is just left in the bank it won't produce anything while economic inflation is getting higher.

In the first place, why preach to someone about Bitcoin?

It's always my habit to just feed them a good response as much as I can once they ask me a question directly about Bitcoin in general. There's no really need to introduce Bitcoin to anyone just allow the adoption to take place normally and look, what a good progress now in terms of adoption since then.

Adding to that, I'm not responding a direct answer to some people before that asked me directly related to Bitcoin when it comes to "how to earn in Bitcoin". That question is where the point is they should do a bit of research. Later on, they can ask me about what they found out through their research, and on my part, I will give them the best possible response as much as I can.

Yep. There is no definite profits. Whatever the investment is, no guarantee for profits. Moreover, when we invest in Bitcoin, it is categorized as a high risk investment. Since Bitcoin is a high risk investment, everyone must understand that there are bigger risks in Bitcoin. That's why some people say that investing in Bitcoin is almost the same as 'speculating'.

When we talk about profits, it is actually not an empty promise. It is actually very possible, the chance is real. But it will be a mistake if we guarantee the profits. People probably will misunderstand Bitcoin investment, they will assume Bitcoin is a safe asset. In reality, the high volatility in Bitcoin makes it risky, and the price move is mostly unpredictable, too.

Real friends wouldn't be destroyed just because of money, but in this case, right now, most people have lost their minds when it comes to money. You are right that friendship or the relationship between them is at risk if something happens to their investment. Even though you know that it ain't your fault as it is their action, some people will still hold you accountable because they've lost their money because you persuaded them.

Right now, it is better to keep quiet, and if they ask you about it, just tell them to find it online and learn it. Only then can you have a proper conversation if they already know what Bitcoin really is and the purpose behind it.

I don't believe that pressuring can work with Bitcoin investment, it's already complicated enough for new beginners, assing pressure will make them run away because they will start thinking that there is more to it that you aren't telling them.

I remember telling someone about Bitcoin investment and later I heard they went ahead and invest in HYIP, bring 30$ and get 300$ in a week or two, this worked for her on the first try and she came to my place to show off the investment, yet I still managed to warned her about the danger lurking in front of her, but you know, these people would think you are jealous of their accomplishment, later it turned scam and they run away with her money.

I heard she invested more than she started with in the past week, greed caught up to her and she paid heavily for it, she couldn't even come to tell me herself, I heard the whole thing from her little sister.

People like what will turn into money faster, so it's comfortable for them who have the knowledge to avoid Bitcoin and go for the quicker ways.

Bitcoin and cryptocurrencies are complicated, especially for beginners, thus such stories are worrisome. Knowledge rules. The lure of 'fast money' leads people to fall for schemes with unrealistic returns. Most HYIPs are pyramid schemes that collapse, capturing unwary victims' money.

Education and diligence protect against these risks. Pressuring beginners into cryptocurrencies without instruction is dangerous. Instead, encourage inquiry, learning, and cautious optimism. When "fast money" looks easier than ever, remember the old adage: if it seems too good to be true, it probably is.

Taking decision is a personal matter and no one can take decision for others but sometimes when people hear about success and they don't know how to get profit then they give money to others for the purpose of investment.

I will wants to talk about this matter that whenever someone tells you to help him in bitcoin investment then just share details and experience with him but never utilize his money for investment because if you Loss money then you will always be entangled in blameworthiness.

It is also disadvantageous for the hopeful person because if he trust on someone and he take his money then without crying he cannot do anything so always move forward with open mind.

There is an expression: if you don’t want to lose friends, then don’t start a joint business with them. A similar rule applies here - don't give them financial advice with Bitcoin. I agree with you about the blame, they will shift the blame onto you because they don’t want to be responsible to themselves. This is why many people listen to pseudo-analysts and bloggers on YouTube who tell them what to buy and follow their advice. And then they write that the analyst is bad, but they don’t think that they should have started by criticizing themselves.

You can also communicate by adjusting to your friend’s development in this area. If he is poorly versed, then communicate with him on an equal footing, without correcting him too much.

Simply, this will not be a wise idea, pressuirng someone to invest in Bitcoin is not wise,mate. There needs their own.
They need their own awareness to invest, while we only need to introduce and pave the way, and if we can while observing and supervising how that person invests, we can also do it. But never pressure someone to invest in this high risk thing. What's more, if we make too sweet promises to people who don't know what Bitcoin is at all.

wasn't the price of Bitcoin 2 years ago higher than now? If 2 years ago your mother had really followed your advice to invest in BItcoin, then she would have really regretted it because at that time the price of Bitcoin fell more and more, and in the end she really became more convinced that you had cheated her. Now, the price of Bitcoin is currently dropping quite a bit, and it is still good to buy. If you explain that there are bullish and bull run cycles, maybe he will understand a little if one day the value of Bitcoin will fall or rise drastically. But once again, never force someone else to invest in Bitcoin.