Bitcoin Forum

Do you think is the right thing to convince someone to invest in bitcoin?
Okay, from my understanding and sense of reasoning I don't think is ideal to convince people to venture into bitcoin without their self willingness.

What do I mean by self willingness?

I have came across two individuals having a serious dispute over convincing him to invest in bitcoin with his little saving around my neighborhood, lemme clear something here, there are some people who invested in bitcoin without them knowing there is a place they called a bitcointalk forum, maybe those people venture into bitcoin by just buying and hold on centralized exchange where they thought is very easily for them to control and sells off without immediate delay.

As the story continue, so he said of his friend should pay him back of the money he invested during the bull and it happens that what he invested was down by 60% or even more where he feels unbearably for him to wait more further, he went on saying he's friend should come pay him all his invested money since the price refuses to get back to previous price and he is wanting to use this money for long, to crown it all, he also temper with his mother's funds thinking it would increase more, little did he know the market would dropped unpredictably. Well it's a very long story where the investor reported the case to our local police authority and he was arrested for fraud after paying him back he was released, keep in mind i just try to shorten the whole story but my aim of posting this is to know whether is it good to convince people to invest or not..

At this point something came into my mind of sharing here to let people know whether is good to convince people to venture into bitcoin investment or not.
Now, before doing whatever you think is right of doing, try as much as possible not to convince anyone to invest into bitcoin, as it may be people don't always think of disadvantages rather, they are being carried away with positive sides of the talk without knowing the side effects of the bear market.
You can go teach whomever that you wishes to teach, give them reason why they should invest and the other reason why they shouldn't invest if their heart is not yet ready, and let it be they are ready to accept all lost that may arose or arise at any given point than just convincing them to invest without detailing it properly to them in as much as we want a max adoption, also try your very possible best to abstain yourself from being tag and called scammer or a fraudster. Always wait for their feedback and willingness before you could just tell them to start buying bitcoin or holding bitcoin.

Do not convince anyone rather, give them the reasons and benefits of holding bitcoin which includes the advantages and disadvantages, reason because your understanding towards bitcoin and digital money, innovation aren't the same with those who are not mentally developed.

The floor is open for everyone to discuss about their thought and feelings towards this.
Note; I don't intend to discourage anyone from spreading the max adoption of bitcoin and cryptocurrencies at larg.

Convincing people to invest in bitcoin is difficult especially for people who are unfamiliar with bitcoin. they will think 2-3x if they want to invest, especially if we provide information on the worst risks that can be obtained by investing in bitcoin.
but we can't force everyone to invest in bitcoin, because everyone has a point of view to invest what they think is a small risk or even has no risk at all

Why do you even have to convince anyone to invest in anything? Investment advice seems to me like you are guaranteeing the person that they will be making a profit from their investment which might not turn out to be so that is why you see sometimes people leave the quote after their post, "this is not an investment advice"
In terms of Bitcoin investment, someone introduced me to it as well however, it was my sole decision to invest in it after understanding a bit about what it is and I have been in it ever since.
It is obvious that people that still introduce Bitcoin to their friends and families like this probably still don't understand Bitcoin cos to me if they did and spoke to them about what they should know before investing, then they might not have ended up at the police because he knew what he was getting into.

Ordinarily, I don't walk up to people, trying to convince them to invest in Bitcoin. Instead, I only share information about how amazing the technology is and let them know what can come of it. If by any chance anyone walks up to me and wants to invest in Bitcoin or any other crypto currency, I usually let them know the risks involved. I go as far as telling them investing in crypto is just like gambling, wagering your fund over a game; if it plays in your favor, good for you; if it doesn't, you count it as your loss. The only difference between crypto investment and gambling is the fact that you can only calculate a loss if you have sold out your holdings; if not, the market can turn around anytime for your good.
This is where the problem lies. The friend was just interested in inviting him over to crypto without listing the risks involved, as if it were an affiliate that he ought to gain from every invite. So far as the invitee did not explain the risks involved, he has the right to request a refund or file a suit. He deserves what he is accused of because he was so wrong in the first place trying to convince someone without any idea that crypto is not a means to fast money.

There is no business that is void of risk because all businesses have some amount of risk. It's not bad to educate people about Bitcoin and tell them your personal experience, but you let them decide on investing or using the coin. I always refer people to bitcointalk to learn. People also inform others of how the price of bitcoin kept rising but fail to tell them about the bearish run. People need to know the risk associated with investing in bitcoin so that they will not see it as a stable sector or a get-rich-quick scheme. Indeed, people are always attracted by the gains they feel they can make but they must get some cardinal information before investing.  

the problem does not lie in investing in Bitcoin, but rather when, everyone gets upset when prices rise and starts buying and fears when prices fall and panic prevails.
Convincing people is easy when they see people earning money without making it difficult, and difficult when stories start that there are people who lost their money, so it is a matter of timing, when to buy and when to sell.

 - Yamane_Keto

I don't even want to share bitcoins with other people, let alone spend time convincing someone to invest in bitcoin only to get a rejection, disparagement, and sometimes even say I'm trying to scam them. I stopped doing it because I had previously tried to share this opportunity with my loved ones but what I got in return was ridiculed.

Honestly, now I've had some minor success with bitcoin, and they know about it, but I never want to share or convince them again.I don't want to be called a scam if they lose their investment through my advice.

No, it's not the right thing and sorry first but I have to say it's one of most stupid things to do.

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You don't have to convince anyone to invest in anything including Bitcoin. It's their money, it's their brain and it's their responsibility to do their own research and make decision.

Why do you think you have to convince someone to invest in Bitcoin?

Are you responsible for their loss (not say about profit)? I am sure you are not responsible for it and you know Bitcoin market is harsh for newbies who will be eaten by Mr. Market.

Are you ready to listen to their complain about their loss in future? If your answer is no, let's don't start it at beginning.

Lastly, don't think of taking their money and invest in Bitcoin on behalf of them. They will call you whenever they read fuds and see Bitcoin crashes.

They're sometimes when you're trying to convince someone to do something it'll feel as if you're forcing them to do that thing. Same also applies to Bitcoin, I feel letting them know that something called Bitcoin exist and enlightened them on how it works, the advantages of using Bitcoin and also the challenges that they may face when they start using Bitcoin, and if they buy the idea of Bitcoin and decide to invest in it that's their luck, but, if they don't like it then it's fine by me I have no issue with them refusing to adopt Bitcoin after all you can force someone to make a decision they never wanted.  

There is a clear difference between convincing someone to invest into bitcoin and spreading bitcoin knowledge or awareness. Many people mix this together, they convince people to venture into bitcoin trading and while doing so they only spread the profitable part of it and leave the risk out of it. With this people get into bitcoin with wrong intentions and end up losing more than they could afford to lose. Spreading bitcoin awareness isn’t bad because those interested will do there own research

I know how I feel when someone keeps putting me under pressure to join something new, I always ask myself if this person cares about me this much or stands to gain something which in most cases I find out to be the situation. When you put much pressure to convince people to bitcoins, you make it more like there is something you are hiding, or there's something you stand to gain from them joining, which is why you must careful. Trying very had to convince people can seem good to you, but maybe to them, you are just making them have their doubts. Tell people when possible about bitcoin and leave the choice to invest in bitcoin with them.

Well i feels very bad when people usually says i convince my uncle or my father or even their relatives to invest in bitcoin without thinking what the outcome would results to, they might be relatives who might likely take any form of risk because they knew you very well but i don't think others who don't know in any way could as well take such risk when if they noticed what they were convinced of isn't making any progress. Just as what OP said on the story line. It's not advisable to convince them, but rather give them the principles and why they should involved themselves with the latest happening around the globe., Inasmuch we do need the urgent max spread of bitcoin they (we) should try our best by keeping everyone on a transparent lane.

I think convincing people isn't worth it. It should be the choice of a person, or else they'll blame you for their mistakes, at least if they aren't aware enough. And I think it's a too big responsibility to decide what other people should do with their money.

Unless someone is a financial advisor, I really don't see why anyone would mess with other people's personal finances. I know that people usually have good intentions because they want to help someone to profit from investing in Bitcoin, but if you want to help someone, then first of all try to explain all the advantages and risks, and then leave the final decision to the person whose money is at stake.

The bottom line is that you don't go around talking to people about Bitcoin, because not only can you be accused of promoting scam/ponzi schemes (because some people have that attitude), but you can put yourself and your loved ones in danger - you talk about Bitcoin, which means that you probably own it.

If you are willing to take a loss for them and their criticism, you can convince them to invest. If not, don't waste time with them, because if they invest according to your advice, when they make a profit they will not remember you, but when they lose or lose money they will blame you. For me, giving financial advice is a bad idea.

What's the point of this thread?

There are a bunch thread created where users create a new thread where they are encourage and convince or discourage to invest in Bitcoin, you will see many users are giving their own opinion about it. Actually what you're saying above is just your own opinion and you can just post in those thread which has been existed in this forum.

Please I would love as much as possible for you to respond via the post, seems you are referring to me. I created this topic in respect of what I saw around me and I decided to share here to avoid people convincing their friends to invest in bitcoin without due diligence and understand about the latest happening. You respond makes me feels you are pointing at me directly. Maybe when next you could say "why would they even have to convince anyone to invest in anything" please take the correction and not me convincing people to invest.

I can't remember the countless times a question like this have been raised on bitcoin discussion board and beginners and help section, you are not to convince them, let them decided on their conviction, inform them and teach them about bitcoin, because for everything there's always a side effect in which if you persuade them to invest by all means and make mistakes from their end, you will bear the consequences because they will put the blame on you for referring them to something that us risky, therefore let them understand the risk also before investing, you are meant to teach both the good and the other side of it and you're doing this not to discourage them but to make them independent for themselves in taking responsibilities.

This is about every one's choice. Telling someone to go to this forum and that forum is also risky these days. People has got this habit of poking us back when they fail at something. Tomorrow it may happen that you referred somebody here. That person mate someone or invested in some shitcoin project but eventually it turned out to be the scam project. Who would be responsible for this? No matter how much we tell someone that it is at your own risk, they will always at some point blame us. Its funny, but it gets as serious as your story here.


Just look at the context here. After reading itself gives me worst feeling of being in the place to guide someone into the crypto OR basically in any type of investment opportunity. It is better that they come to this point by all themselves. If there is really true story and they failed due to genuine reasons I am all set to help them out with it but if it is vice versa then man, I am no help to such people who are blamers.

Who gamble with the money of their parents really? Imagine what that woman must be going through right now. She might have mothers heart but come on man, it could have taken her years of hard work to save that money. She must have thought to use it as her retirement journey but turns out it's scrambled now.


Bitcoin or lets say all the crypto currencies, anyone can come and get it. Better keep it that way.

The scams and blames are increasing day by day. There was time when my friends and whoever guided me back in the time were true to the point about all the risks. I never blamed anyone if I have lost any trade or gotten into trouble of ponzi schemes or lost money over crypto gambling.

There should be no guidance these days because of what happens later.

Don't worry about answering every idea that comes to anyone's mind. Each member has the right to think as he wants, and no rules or laws can prevent him from spreading these ideas.
The rest of the members who wrote their answers and contributed to enriching the discussion know your good intentions by raising this topic. In the end, these are not recommendations or investment advice. Opening the door to discussion does not mean deceiving anyone. Please do not care about them and do not bother to respond.

If you feel convincing people are more difficult, you don't need to do it and let those who come to you ask for an explanation of Bitcoin. If you keep trying to convince others even though they don't want to know about Bitcoin, you can disagree with that person and will cause damage to your relationship with that person.

I had experienced it before with a friend but he was still uninterested and even said that Bitcoin was a fraud. And finally, I gave in to him and changed the topic to other things. It's clear he is not interested and we don't need to continue the conversation about Bitcoin and let him decide.

I mean why would you convince them to invest, I guess it's better to teach them what cryptocurrency and what bitcoin is, than how risky investing in it is going to be, you know there's no point in convincing someone to invest in bitcoin because at the end of the day, it's their own money or funds and they can do anything that they want on it after explaining and teaching them what bitcoin is then they could decide if they are going to invest on it.

Understanding the risk of investing in cryptocurrency means they accept that at some point they are always a chance that they could lose their money, so there was no responsibility unless they were some kind of investment scheme where they actually ask people for investments and then promise a percentage on your investment.

I guess it is just that people get blinded by the profit and investment since some people get lucky thinking that they will be lucky as well, people convince them and says that it is guaranteed to earn which is not then in the end blame.

Your friend still doesn't understand Bitcoin, maybe he just thinks bitcoin is a digital currency that will disappear and be worthless. If he's never interested, then let it be. He will withdraw all his words when he finds out about the development of bitcoin when it reaches a new ATH later. The most important thing is that you are sure and believe in bitcoin that bitcoin will continue to grow.

The text is written a bit confusingly in the op. Was is the guy who was convincing to invest that was forced by the authorities to pay the guy whose investment was down? I honestly don't see why that happened. After all, financial decisions are ultimately made by individuals and unless there was some liability contract that forced the guy who recommended the investment to compensate for the losses, I can't see how he could legally be forced to do that. But, in any case, nobody should be convincing others of making financial decisions, convincing to buy Bitcoin or anything else. Such decisions must be personal and the investor must realize the personal responsibility for investment choices.

Convincing others about bitcoin is not bad idea but you cannot convince other person if you have not seen any good results from it. I think that business opportunities should be shared with one another because now the situations are so hard and no one can manage their life facilities so helping others will be good option.

You can give knowledge about bitcoin to anyone buy you cannot convince that person because without evidence not one will believe. In my opinion  giving knowledge about bitcoin is not bad idea because some will get help from it and they will probably having advantage and due to this profit they can make their life easy.

I think it is a personal choice mate. Convincing someone is more like trying to change the person's perspective and mindset towards something which the person has not really put his or mind in. Sometimes such act can lead to regrets in the nearest future depending on the motive by which it was done. Come to talk of bitcoin, many people are still skeptical about it's origin and are mindful about it as bitcoin can not be traced to a source of origination  and also, the  volatility of the market  scares them away. All these factors put together might likely piss off some one who has no knowledge about bitcoin.

Convincing someone who has no knowledge about bitcoin can be very frustrating and tasking because you would need to making sure the person understands which requires your extra effort but if  the person show's a sign of interest then teaching that person would be no problem because already the interest of that person already aroused to listening to you. That would be very easier to handle.

 Let me use myself as a case study. I was with my friends  some time past and we were discussing about technology and innovation. We talked about finance evolving into technology and I thought of it as an avenue to talk about bitcoin and as I made mention of bitcoin, all eyes were on me listening and after I finished discussing already they had picked interest and started asking me questions I had to put them through and right there we entered a practical session for which I explained everything to them. I was open to them putting them through.
After everything they thanked me and was very happy for the insight they had gotten about bitcoin and in total, they were 15 including myself. I was happy I used the right opportunity which availed itself to do the needful as I am making this post, they are all fully holding bitcoin and are still acquiring more. As you can see, I did not convinced them but it was their state of mind at that very moment and the nature of our conversation that resulted to it.

I don't think you really gets the op point, from his post here op is trying to advise people over here not to convince anyone to invest in bitcoin due to what he or she witnessed. From the post here I sense that is what op is trying to say, he didn't practically wanting to convince anyone to invest rather want to expressed what he saw around him that made him ran to this forum to also share to people not to convince anyone to invest in bitcoin.

I agree, of course there are methods like you could explain it in a way that you do not even want to explain it, like make it look like they are the ones who wanted to learn about it in the first place, which is a conversational trick and I have done it before in other topics, but even that's not really a big deal and wouldn't help.

People must ask you these questions in order to have a natural affection towards it, because if they are the ones who come to you and ask these questions then you know what you are doing and you should be fine, and they will be happy to learn more about it, but if that's not the case, and if they are hearing it without wanting to learn more about it, that's bad.

Convince people? Not I do that unless they show some interest in the crypto world and curiosity about Bitcoin.
If someone approaches me asking about this, I should not answer whether it was a good investment or not but rather educate them and give them an idea of what will happen. Because willingness and courage will just come out when they fully understand Bitcoin but until they still living in the doubt, changing of minds may occur. And I like to see people investing that carry positivity in their minds, not worries.

We don't need to force anyone to learn about Bitcoin because if they do not have enough understanding about the market and they eventually make loses by buying high and selling low then that means they are going to blame us for there loses because they made the mistakes because of there impatient to sell and have there fund. If the market is fluctuating many newbies investors may find a tiny opportunity for them to sell because they are scared and do not know what the market could do in the next move.

Isn't giving them the reason and benefits of buying and holding bitcoin convincing?  I do not think it is wrong to convince people of investing into Bitcoin.  We just need to make sure that despite of all the positive talks and vibes we give, we let them know the risk and possibilities of failure of the said investment.  Taking responsibility of fully informing the person we wanted to influence into investing in Bitcoin is a must because no one is to be blamed if the person invested because of our influence suffers losses but us.

So if we want to convince someone, make sure they are fully informed of all the consequences and ask them if they are willing to take those risks after knowing them.

Convincing people to invest in bitcoin means to force them to invest without having any interest to invest. Instead of convincing people to invest in bitcoin,  it is better to teach them bitcoin and the reason why bitcoin is important in this modern aga. In making people to have understand bitcoin it will make them to develop interest in learning bitcoin more and if they eventually take decision to invest they will not hold anyone responsible for their lost like when they are forced to invest.

There is a thick line between convincing and forcing them to invest.  This two action is not similar. Convincing them is "to make them believe that something is true" while forcing them is coercing them.  There is a huge difference from convincing and forcing since forcing use power which what coercing is about.  So it is not right to say that convincing them is to force them to invest even without interest.  Convincing is like to make them have interest.

we will not be able to force someone to invest in bitcoin, because investing in bitcoin is very risky.
so the point in this case is that when we invite someone, don't just tell them what's sweet, tell them what's bitter too.

lots of people are interested in investing in bitcoin but it's very unfortunate because most people always only see the positive side, and don't see the negative side.

and indeed investing in bitcoin must have a will of oneself
and there is no element of coercion. and have to use idle money to invest in bitcoin.
so that in investing our feel comfortable even though the price has fallen.

It is absolutely wrong to convince someone to invest in bitcoin. Such obsessive actions will only alienate people who are interested in it.

I admit the option when you can tell others about btc. From the point of view of technology, opportunity and future prospects. That is, it is more of an educational activity, rather than agitation. Everyone must decide for himself whether to buy or not to buy bitcoin. Without extraneous pushing.

In my opinion, convincing people to invest in bitcoin is not very good, because we can be blamed when they experience losses investing in bitcoin,

because the first one is that we have to teach a lesson about bitcoin, and the risks of investing in bitcoin, to someone if we want to invite them, but with one condition, namely don't convince people to invest in bitcoin. and let him choose his own path.

No one is saying that sharing bitcoins with others is wrong, but the problem here is that some people don't want to share it with others because not only are they not thanked, but they are also called scammers for sharing about bitcoin. When you give others a chance, but they see you as a scammer, laugh at you. Will you continue? I won't do it a second time.

I just agree that providing knowledge about bitcoin is the right thing to do if someone wants to learn about bitcoin. But never give someone financial advice if you don't want to be blamed.

It's a very bad habits wanting to convince someone to venture into what they aren't prepared for all in the name of spreading the max adoption of bitcoin, actually I was touched when I witnessed all that happened between the two friends who tried convincing other to invest thinking he would made fortune out of it without knowing bitcoin price doesn't goes as one think of even planned.

We do understand that some people want to share the idea that investing to this industry has an advantage in the future simply because the market price is increasing over years but it is not as simple as that. There are risks involved and inviting them is also exposing them into that chance of them, losing money. Sharing is different from persuading and encouraging someone. I myself have experienced convincing a friend before but we ended up not talking to each other because she simply blamed me when she panicked on the decline with prices way back 2018. I did mention about partial or temporary and permanent loss such as selling would also cut the chance to earn profit and best thing is to just hold. But I understood her point eventually that not all people could endure seeing their loss. If you are determined to share the idea of this technology, make sure to fill them first with all necessary informations and also, check if they can really manage the risks of investing in this technology.

getting into this market should be a choice of the user himself, and should not be in anyway due to some friends who are pushing into this market. this will end up bad if things don't go with their expectations. better if the person is willing to learn about this market and not because he owed somebody or of that sort.
just mind your own business and if some are looking for assistance, then, help them. but if not, don't shove it on their face because you're just getting yourself into trouble.

For me it's not that good to keep convincing people that are not yet ready to invest in Bitcoin. If you keep telling people to invest in Bitcoin and they decided to invest and at the end they make loses because they where nit able to understand how the Bitcoin market works. I think the best ideology for inviting people to invest in Bitcoin is to teach them on how to buy and how Bitcoin works. This will sharpen there mindset for whenever they are ready to invest in Bitcoin. This is the best way to go about that.

I have too many experiences about that situation and I have never forced those people that I've talked to about bitcoin. I've told them if they want to invest, it will be a bumpy ride for them as profit isn't guaranteed overnight. There's a long process and ups and downs to the market and they have to look how the chart of bitcoin looks. And that has given them the idea if they still want to pursue and they shouldn't just look at someone's success through bitcoin investing but also look on how tough the road those people have taken before reaching the peak of the success and selling it at the top. From then, I have stopped talking to those that only wants the obvious profit without wanting to take the risk and upside down journey of investing because it's not only for bitcoin but also for other types of investments.

Revealing to the people about the existence of bitcoin is good thing, when it comes to investment it is their choice. At any point we should not suggest them to invest, let them analyse, learn, understand and based on what they've understood it is their choice to invest or leave. As stated, we just suggest for their good, but everyone won't take it with a positive mind. Investing for the first time always have fear and the same could end up losing as the market is volatile. This could lead to problem in relationship, whats the need for it when we have thought of doing good for them. To avoid such situation it is wise to stay calm and watch.

Bitcoin is too risky, so it's not really wise to give investment advice to anyone. I don't want to be blamed or called a scammer, so I never tell anyone to invest in bitcoin. I never wanted to talk about bitcoin investing with anyone, even my younger brother. Because he is not ready to accept losses.

This is the problem when people are presenting Bitcoin as if it's a way to get rich or an investment opportunity. It isn't. And while it has somehow developed into it eventually, it is wrong to disregard everything else and focus only on Bitcoin's fiat value. Yes, it is an enticing way to present Bitcoin by saying it used to be less than a penny but then grew to as high as $69,000 in a little over than a decade, but such convincing approach is built on sand. It doesn't provide anybody with any foundation at all. A mere FUD, a quick correction, a fake news, and the like will easily destroy any amount of confidence built on it.

Willingness originates when a person hear about it and if one have no information about anything then how he will think about it? We are fan of bitcoin and want to make investment in it because we heard about it and see the success of individuals that's why we are in willing of bitcoin investment.

Bitcoin investment is not easy as people think about it because it requires so many things that we have to do like realising of market, realising of worth to buy and sell and one more thing that is patience. So before convincing someone try to tell them about these clues.

Convincing someone is actually good but it's real that he will have no knowledge so if he fails to get profit and loss money so be will blame you so acknowledgment is necessary.

I am also scared being called scammer because i gave advice to someone. Though it is okay to to tel someone about bitcoin explaining them and know the how to use it since that is really the purpose of bitcoin. But if you are giving advice about investing to it to those people that you didn't know well the possibility of calling you scammer or blaming you that they've lose they money because of you is pretty high so it is really best not to give financial advice only explaining what bitcoin is

Well, it's tactically right to share investment opportunities with folks out there but having to impose on them to buy into the ideal communicated is indeed a bad idea that should never be condoned.

Investment should never be based on someone else influence so we can never force someone to invest not only in Bitcoin but any other assets aslo.There are many people who have bad experience with it or were introduced to btc in wrong manner as it is portrayed in negative image many times by media or governments.We can try to educate them but the last choice depends on them that whether they want to understand it or not.So it's their loss we can't do much about it and don't need to care a lot.

Your narration is something most of users who got in here before the 2017 Bitcoin boom would've encountered by now. It's not a bad idea to persuade anyone to invest in Bitcoin or any alt at all. However, it's very imperative you let them know what they're getting into before hand. People like the good side of things and not the bad side. Bitcoin has its loss angle as well as its profit angle too. Let people in on it so they know that they can also lose all the invested cash as much they can also make profit from it.

I've someone I talked to a few years ago about Bitcoin investment. After a while dude decided to invest because he was passing through financial meltdown. At the time he did and sent me the cash for it, I wanted to put it in altcoin (launchpad token) but decided against it because of high risk. No one knows what can happen when it comes to alts. The whole thing can go down the drain within a day. However, if I had invested it in that launchpad token I would've doubled the capital within a few weeks of investing in it. Instead, I invested it in Bitcoin, knowing that whatever happens I can still get out the capital. I'm still hodling the fund and if the dude wants his capital while the market is dipping from when I invested it, all I've to do is pay him off his invested capital and keep the Bitcoin, then wait for bull season to set in. If the person in your story had done that, the incident wouldn't have landed him in police net.

You have said well OP but I do not really think convincing people is the best and fast way to bitcoin adoption. Many peoples thought about bitcoin varies hence their ability and willingness to accept or reject the idea of bitcoin adoption. The act of convincing someone to adopt something I do not see it as appropriate because if an individual does not have a good view and perspective of something their is nothing you can do about it but you can only talk or teach the person about that stuff but would be difficult to convince that person in doing what you want them to do. So I think convincing is a waste of time so you could just allow nature to take it curse and maybe the person might see sense in what you are telling him or her and be convinced to take actions in trying what you told them.

As for me is not good to Convincing people to invest in Bitcoin, just tell them how to invest,tell them the merits and demerits of Bitcoin.some people will Convince people and introduced  Bitcoin in a wrong to people as it is portrayed in negative image many times by media or governments.let us  try to show them the way  but the last choice depends on them, if they interested they invest, any thing that happened you already tell them.Some only to tell them gain and will not them the lose,after you convince the person,he start buy and hold on Bitcoin, maybe he borrowed money from his friend to start investing,and without making any profits he lose.you explain how Bitcoin is, there is good and bad to invest in you lose or you gain because Bitcoin is not stability is rising and falling,and how to invest explain very well if not they call all can of names, scammer, thief.Although it is good to  tell someone about bitcoin explain to them and let them know  how to invest too since that is the really  purpose of bitcoin. It's was my uncle who makes me to  understand Bitcoin, like the first day when he speaks about Bitcoin I was not interested and he leave me alone. now am interested of Bitcoin because of him because he show me the way to invest in cryptocurrency.I will never forget my uncle because I love the he taught me how invest.

Its good to know that people like you tells how the bitcoin works and the other side of it, that not because you see successful people with bitcoin is a easy profit money. It has a lot of rough road they been through before reaching that point. Bitcoin is so powerful that it can make you rich through it and also can make you poor quickly if you made a simple mistake. That's why they must understand the whole concept of it, its volatility, its usage, how things work on it, before investing on it if they don't want to lose their savings/money.
We can keep sharing and introduce bitcoin to our close friends but we must not pushed them to invest on it, they still need to decide on their own and must fully understand how bitcoin works first.  

It's very possible to convinced someone to invest in Bitcoin, because many of us who are crypto lover was once against Bitcoin, I know people I explained about Bitcoin to during 2016 and they kicked against Bitcoin in 2016, Today they are crypto investors and most of their conversations goes into Bitcoin  discussions.
The only way someone can be convince and also develop interests in Bitcoin investment is when you brief the person the risk which is involved in Bitcoin  properly and also the profits which is involve in Bitcoin investment, it was previous years when the information of Bitcoin has circulate to most of the countries, I believe that any one you tried to give convince of Bitcoin would like to give it a trial,because the awareness of Bitcoin has gotten to the grassroot from my perspective.

Instead of being accused of making people lose money by investing in bitcoin, we shouldn't talk about bitcoin much. People will easily blame others who have provided wrong information even though the information is not necessarily wrong, especially if it turns out that the person is not ready to invest in bitcoin and only wants to use our help to invest. We better keep it to ourselves because only we know the risks and how to deal with those risks. In addition, we are also ready for any risks, including price changes that always come at any time.

From my own point of view, we cannot force them nor convince them to invest in bitcoin because there's a money involve in it , we can only give them some glimpse or some advice and explain some basics regarding crypto I think it is better to teach them basics in the whole crypto itself so that they would not stereo type bitcoin when a token collapse or run away to its investors.

Investors always place their money where they can see their profits and feel very secure in their trading positions. When it comes to trading in the market, everyone has a different set of opinions and preferences. Due to the continued volatility every week that makes the seasons unfavorable for traders, there is ample opportunity to feel happy or upset about the market. I have complete faith in the project and have always warned any trader I can easily reach to watch out and sketch out good entries on bitcoin before it makes the big bull run up. As long as we have knowledge of the project and its roadmap, it is meant for everyone.

I wonder why will someone try to convince someone to invest in bitcoin in the first instance. Are they trying to convince their friends that bitcoin investment will yield profits for them in short term or what? when they actually can't ascertain that.

Convincing someone to invest in bitcoin, means you are indirectly assuring the person that bitcoin will do well and the person's investment is not a waste. Anything that comes up, you are to hold responsible.

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Many people are guilty of this act of "convincing people to invest in bitcoin". They think that since their bitcoin investment is giving them profits, let them use the opportunity to tell their friends to join them to invest in bitcoin. Forget the fact that not everyone has the patience and composure to see how their investment decreases in price.

I think not liking the bad side is of course normal behavior by the people but the reality is that we are talking about a situation where it could be as dangerous as you want it to be and not that much of a problem for most people.

I understand that we are not going to end up with a major problem in the long run, but we will face some troubles along the way and that should be something that everyone focuses constantly, there is no way of running away from that at all, we should be just accepting that fact. I know that people hate the bad side of these things, and it's their money so I understand that, but that bad comes with a great following afterwards.

I dont see anything wrong in convince someone on the importance of Bitcoin. I leave them to make up their mind on whether they would buy some or not. But before i do such, i will first introduce the person to bitcoin and also make sure the person is familia with digital technology. Then I will let him or her know and understand bitcoin pattern like understanding the bear market and the bull run, security and other issues in Bitcoin. Letting him know that bitcoin takes a longer time to reap its fruit. Introducing or convincing someone to invest in bitcoin without letting him understand that bitcoin investment is a long term investment and that is why whoever that want to invest in it should have another source of income

In no case can another person impose the idea of buying bitcoin, or any other cryptocurrency. The fact is that then if another person loses the cryptocurrency, you will be responsible for the losses. Since you allegedly imposed a purchase decision. Everyone should understand for himself whether to buy him a cryptocurrency or not. And if you advised to do this, then you should immediately warn that this carries risks.

Another source of income is a must-have, because Investment also requires money to be able to buy bitcoins.
If those who only have knowledge without having any income then they can't do anything.

Unless they have savings that are not used for other important things, it can be a good additional investment.
Providing early education on how you explain the risks and benefits of bitcoin, it will help them determine whether to invest or not.
Never force anyone to enter, because that will be the responsibility of each.


Our job is only to provide information about bitcoin and investment decisions are our own responsibility.
The crypto market is very risky for those who are new and don't fully understand it.
Nothing is instant to get big profits. Need process and also the capital.

Get a feeling of the person's nature and personality first, and always explain the "up and down" nature of crypto, otherwise its when they get mad at you. talk about the importance of patience.

Firstly, the other person invested in bitcoin with his own hands. Nobody forced him to do it.
Would that person have shared the profits if bitcoin was at the peak ? I guess no right. So he cannot say that the losses occurred because of you.
Secondly, you should not convince anyone to do any kind of investments. You can surely teach them and give them the knowledge but it should be their own decision whether they want to invest in it or not.
Even I had told my friends about bitcoin and few of them bought it and are in losses currently but they haven't backfired at me like this.