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Author Topic: Succeeded in introducing Bitcoin to a friend  (Read 1385 times)
Bloodseekers
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February 03, 2024, 03:41:08 AM
 #181

Motivating friends to invest in bitcoin is a much better way. start teaching them about the benefits of bitcoin for the future, by introducing them to the history of bitcoin, both the history of the bitcoin price and what the bitcoin halving moment is. So that makes them interested in investing in Bitcoin. Showing your BTC investment amount to a friend may depend on you, if he is a close friend it is okay, this will increase his trust in Bitcoin. but if he is not a close friend, it is best not to show the amount of BTC in your wallet. Sharing seed phrases is a stupid act, especially with friends, it's better not to share them with anyone. Because it's not permissible to even share with friends with one of your family members, unless you really believe it 100%.
If you can introduce investing to your friends about Bitcoin then this will really help them to be able to have good future investments. If they are interested in investing, you really have to guide them well so that your friends don't make mistakes in their recent investments they started.

Showing your friends the amount of Bitcoin that you have been able to collect will certainly be better, this will make them enthusiastic to immediately try as you have done to make a profit in investing.

That's right, it's impossible for us to share our seed phrases with anyone, even if they are our close friends, and we also have to remind them of this so that they don't share their seed phrases with anyone other than family they can trust.
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February 03, 2024, 07:29:01 AM
 #182


this dear brother of mine lost some money to online Ponzi and since then he vowed to never have anything to do with online again.

I will try to introduce Bitcoin to him again, maybe he won't turn me down this time around? Since the job he is working is too hard on him and to invest on anything is getting harder.
Build your confidence first. Once you feel confident in your ability to explain Bitcoin, you can try introducing it to your brother again. Confidently providing detailed information can make it easier for people to understand and make them interested, even if they may have had negative experiences with it in the past, such as your brother.

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February 03, 2024, 09:31:47 AM
 #183

Motivating friends to invest in bitcoin is a much better way. start teaching them about the benefits of bitcoin for the future, by introducing them to the history of bitcoin, both the history of the bitcoin price and what the bitcoin halving moment is. So that makes them interested in investing in Bitcoin. Showing your BTC investment amount to a friend may depend on you, if he is a close friend it is okay, this will increase his trust in Bitcoin. but if he is not a close friend, it is best not to show the amount of BTC in your wallet. Sharing seed phrases is a stupid act, especially with friends, it's better not to share them with anyone. Because it's not permissible to even share with friends with one of your family members, unless you really believe it 100%.
If you can introduce investing to your friends about Bitcoin then this will really help them to be able to have good future investments. If they are interested in investing, you really have to guide them well so that your friends don't make mistakes in their recent investments they started.

Showing your friends the amount of Bitcoin that you have been able to collect will certainly be better, this will make them enthusiastic to immediately try as you have done to make a profit in investing.

That's right, it's impossible for us to share our seed phrases with anyone, even if they are our close friends, and we also have to remind them of this so that they don't share their seed phrases with anyone other than family they can trust.
"If Im diving into these waters, Im bringing my crew with me." Isnt there a fine line? More than merely showing the improvements, guiding them requires preparing them for the ebbs and flows and teaching them its a marathon.

How about sharing my Bitcoin stack? It has two sides. It ignites that "I want in" moment. Its important to emphasize that this is their trip. Their route may differ from mine, and thats fine. Not only the destination, but the trip.

Now for the golden rule: seed phrases. I tell everyone, "Treat your seed phrase like the most valuable asset you own." Because it is. Not mistrust, but wise, secure behaviors. Remember that Bitcoin knowledge is as valuable as investment.

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February 03, 2024, 10:45:41 AM
Last edit: February 03, 2024, 11:42:50 AM by EarnOnVictor
 #184


this dear brother of mine lost some money to online Ponzi and since then he vowed to never have anything to do with online again.

I will try to introduce Bitcoin to him again, maybe he won't turn me down this time around? Since the job he is working is too hard on him and to invest on anything is getting harder.
Build your confidence first. Once you feel confident in your ability to explain Bitcoin, you can try introducing it to your brother again. Confidently providing detailed information can make it easier for people to understand and make them interested, even if they may have had negative experiences with it in the past, such as your brother.
I don't even think that it is as difficult as this, or should I say as important as this, you do not need one important skill for it, you should tell anyone what you need to tell them about Bitcoin as you want to naturally tell the person without any fear or some kind of feeling that is not of usual. We all know that Bitcoin speaks for itself, so if anyone wants to doubt you, the person can go elsewhere to confirm. Like me, if anyone introduced something to me today, I will give it about a week to investigate and search about it to establish the truth, and this has not failed me. So if the person they introduced Bitcoin to is also wise, I belieev such will investigate that to establish the truth about it.

And I know that such will always thank the person who introduced him to Bitcoin later as the coin will most likely not fail the person. Also, if the person doesn't yield, fine, that's his own cup of tea, but one thing I know is that he will surely regret it when he sees me later in the near future smiling at my bank account and online wallets.

Who cares! So it is better to be natural.

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February 03, 2024, 12:09:45 PM
 #185


this dear brother of mine lost some money to online Ponzi and since then he vowed to never have anything to do with online again.

I will try to introduce Bitcoin to him again, maybe he won't turn me down this time around? Since the job he is working is too hard on him and to invest on anything is getting harder.
Build your confidence first. Once you feel confident in your ability to explain Bitcoin, you can try introducing it to your brother again. Confidently providing detailed information can make it easier for people to understand and make them interested, even if they may have had negative experiences with it in the past, such as your brother.
I don't even think that it is as difficult as this, or should I say as important as this, you do not need one important skill for it, you should tell anyone what you need to tell them about Bitcoin as you want to naturally tell the person without any fear or some kind of feeling that is not of usual. We all know that Bitcoin speaks for itself, so if anyone wants to doubt you, the person can go elsewhere to confirm. Like me, if anyone introduced something to me today, I will give it about a week to investigate and search about it to establish the truth, and this has not failed me. So if the person they introduced Bitcoin to is also wise, I belieev such will investigate that to establish the truth about it.

And I know that such will always thank the person who introduced him to Bitcoin later as the coin will most likely not fail the person. Also, if the person doesn't yield, fine, that's his own cup of tea, but one thing I know is that he will surely regret it when he sees me later in the near future smiling at my bank account and online wallets.

Who cares! So it is better to be natural.
If it is not always but most of the time people reject some opportunities shared by someone who is not looking good. Most people just believe when they see the results rather than believing on the things they never saw. Maybe, it was a common instinct by most but yes, we have to accept that only a few people would listen to us about crypto because in their mind it was scam and a big lie. That is what they heard from social media (scam) and news.

But I don't have any regret nor I feel hurt from their rejections, yes, they will soon see the result form our hard work and trust with Bitcoin. They will soon to get in touch and ask how?
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February 03, 2024, 12:54:56 PM
 #186

Telling people about Bitcoin 8s not a good plan, I have known that many Bitcoiners are a big target, so if you are telling someone about Bitcoin and the forum that shows that you are endangering your self and your assets.
Even if you do not have any Bitcoin now and you keep on telling people about Bitcoin and how it has help some people they might also think you have benefited from it, so keeping your crypto life secret from others is a good thing that you should learn.
I don't think it's a bad idea to tell others about bitcoin since I believe that doing so could help others find possible financial advantages. However, you should be careful who you disclose information to; maybe you can share it with your family, such as your siblings or kids, so that all of you can profit from it. However, in the same way that the OP did when he showed his friend the bitcoin he was holding, I don't think that was a good idea. After all, what if his friend had another friend who was also aware of bitcoin and had discussed the amount that the OP was holding in his wallet? If they were to carry out such a treacherous act, it could pose a threat to the OP.
However, I agree that we shouldn't disclose our personal Bitcoin involvement because doing so could make us the subject of scams or hacks. Therefore, I believe that in order to reduce any security threats, we should prefer to keep such information secret.

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February 03, 2024, 01:02:03 PM
 #187

Last week, an old friend of mine back then in the university in 2013 who later traveled to Canada to further his studies returned back to the country and yesterday, he coincidentally met my mum at a shopping mall and requested for my contact and my mom gave my number to him so he called and called the nickname that we both normally call ourselves back then in the university days I was so shocked to hear that and I called his original name and he answered and told me he is back from Canada and he requested we meet at a bar immediately.

 So with excitement to hear from an old friend after so many years I just immediately took my bath and zoomed to the bar he directed me, so I got there lo and behold my old time friend. We exchanged pleasantries and started discussing about life and I told him how life have been so uneasy but that I got a job in a factory were am paid $60 for about 2 years now and i told him that my colleague at work introduced me to a forum called bitcointalk where i registered on the forum and learnt a lot of things concerning Bitcoin and i also showed him the amount of bitcoins i have stored in my wallet so far and he became curious to know about bitcoin and i explained everything i know about bitcoin and encouraged him to join me in buying and holdling bitcoin that we are awaiting the bull market after the halving so he became so furious and told me that since he knew me that I don't normally give attention to anything online (internet) but for me to hodl such huge amount of Bitcoins that it means am really serious about it so he became interested and ask me how he can buy Bitcoin as well so I told him step by step on how to buy Bitcoin and he bought Bitcoins worth $520 that is about 0.012194 btc so he told me that he wish to acquire 1 btc so I told him not to worry that he will use the DCA method to buy same amount of bitcoins at different interval then with time he will surely acquire the 1 btc.
My question now is that is it wise that I showed him the amount of Bitcoins I have accumulated before he developed interest?

I can't say that what you said and did was wrong. Maybe he just can't be called wise steps, because do you think if you didn't show the amount of your Bitcoin holdings, he would have an interest in Bitcoin? Chances are high that it will not be of interest.

That's why, when you showed him the amount of bitcoin you have in your wallet, he got so hyped that he might have thought that he could do it easily. But he didn't see the negative side that he could face in the future. I can even say that what you did was wise if you told him to do his own research on Bitcoin first and don't buy it first; instead, it is better that he buy it because he understands why he needs to have bitcoin. This is my opinion only.



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February 03, 2024, 01:07:31 PM
 #188

Last week, an old friend of mine back then in the university in 2013 who later traveled to Canada to further his studies returned back to the country and yesterday, he coincidentally met my mum at a shopping mall and requested for my contact and my mom gave my number to him so he called and called the nickname that we both normally call ourselves back then in the university days I was so shocked to hear that and I called his original name and he answered and told me he is back from Canada and he requested we meet at a bar immediately.

 So with excitement to hear from an old friend after so many years I just immediately took my bath and zoomed to the bar he directed me, so I got there lo and behold my old time friend. We exchanged pleasantries and started discussing about life and I told him how life have been so uneasy but that I got a job in a factory were am paid $60 for about 2 years now and i told him that my colleague at work introduced me to a forum called bitcointalk where i registered on the forum and learnt a lot of things concerning Bitcoin and i also showed him the amount of bitcoins i have stored in my wallet so far and he became curious to know about bitcoin and i explained everything i know about bitcoin and encouraged him to join me in buying and holdling bitcoin that we are awaiting the bull market after the halving so he became so furious and told me that since he knew me that I don't normally give attention to anything online (internet) but for me to hodl such huge amount of Bitcoins that it means am really serious about it so he became interested and ask me how he can buy Bitcoin as well so I told him step by step on how to buy Bitcoin and he bought Bitcoins worth $520 that is about 0.012194 btc so he told me that he wish to acquire 1 btc so I told him not to worry that he will use the DCA method to buy same amount of bitcoins at different interval then with time he will surely acquire the 1 btc.
My question now is that is it wise that I showed him the amount of Bitcoins I have accumulated before he developed interest?

I can't say that what you said and did was wrong. Maybe he just can't be called wise steps, because do you think if you didn't show the amount of your Bitcoin holdings, he would have an interest in Bitcoin? Chances are high that it will not be of interest.

That's why, when you showed him the amount of bitcoin you have in your wallet, he got so hyped that he might have thought that he could do it easily. But he didn't see the negative side that he could face in the future. I can even say that what you did was wise if you told him to do his own research on Bitcoin first and don't buy it first; instead, it is better that he buy it because he understands why he needs to have bitcoin. This is my opinion only.
That's right, we have no right or cause for what happens to other people, or even the friends we invite or introduce Bitcoin to.
Everyone should be more observant in seeing things, to create motivation so that they can achieve profits like other people get, which is normal, but we cannot just do something without calculating it first.
And if something bad happens, no one should be blamed but yourself.
Awaklara
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February 03, 2024, 01:08:14 PM
 #189

Last week, an old friend of mine back then in the university in 2013 who later traveled to Canada to further his studies returned back to the country and yesterday, he coincidentally met my mum at a shopping mall and requested for my contact and my mom gave my number to him so he called and called the nickname that we both normally call ourselves back then in the university days I was so shocked to hear that and I called his original name and he answered and told me he is back from Canada and he requested we meet at a bar immediately.

 So with excitement to hear from an old friend after so many years I just immediately took my bath and zoomed to the bar he directed me, so I got there lo and behold my old time friend. We exchanged pleasantries and started discussing about life and I told him how life have been so uneasy but that I got a job in a factory were am paid $60 for about 2 years now and i told him that my colleague at work introduced me to a forum called bitcointalk where i registered on the forum and learnt a lot of things concerning Bitcoin and i also showed him the amount of bitcoins i have stored in my wallet so far and he became curious to know about bitcoin and i explained everything i know about bitcoin and encouraged him to join me in buying and holdling bitcoin that we are awaiting the bull market after the halving so he became so furious and told me that since he knew me that I don't normally give attention to anything online (internet) but for me to hodl such huge amount of Bitcoins that it means am really serious about it so he became interested and ask me how he can buy Bitcoin as well so I told him step by step on how to buy Bitcoin and he bought Bitcoins worth $520 that is about 0.012194 btc so he told me that he wish to acquire 1 btc so I told him not to worry that he will use the DCA method to buy same amount of bitcoins at different interval then with time he will surely acquire the 1 btc.
My question now is that is it wise that I showed him the amount of Bitcoins I have accumulated before he developed interest?

I can't say that what you said and did was wrong. Maybe he just can't be called wise steps, because do you think if you didn't show the amount of your Bitcoin holdings, he would have an interest in Bitcoin? Chances are high that it will not be of interest.

That's why, when you showed him the amount of bitcoin you have in your wallet, he got so hyped that he might have thought that he could do it easily. But he didn't see the negative side that he could face in the future. I can even say that what you did was wise if you told him to do his own research on Bitcoin first and don't buy it first; instead, it is better that he buy it because he understands why he needs to have bitcoin. This is my opinion only.
yes, it is the right step. Introducing Bitcoin to someone is not only about the profits and progress that can be obtained. But some risks must be understood.
telling the other person to learn for themselves and perhaps answer questions if he or she is having trouble is a good step. we are not salespeople to sell Bitcoin. the more people who understand Bitcoin would be good. then more and more people feel cheated by their ignorance about Bitcoin.

.
.Duelbits.
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eye-con
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February 03, 2024, 01:57:01 PM
 #190

Last week, an old friend of mine back then in the university in 2013 who later traveled to Canada to further his studies returned back to the country and yesterday, he coincidentally met my mum at a shopping mall and requested for my contact and my mom gave my number to him so he called and called the nickname that we both normally call ourselves back then in the university days I was so shocked to hear that and I called his original name and he answered and told me he is back from Canada and he requested we meet at a bar immediately.

 So with excitement to hear from an old friend after so many years I just immediately took my bath and zoomed to the bar he directed me, so I got there lo and behold my old time friend. We exchanged pleasantries and started discussing about life and I told him how life have been so uneasy but that I got a job in a factory were am paid $60 for about 2 years now and i told him that my colleague at work introduced me to a forum called bitcointalk where i registered on the forum and learnt a lot of things concerning Bitcoin and i also showed him the amount of bitcoins i have stored in my wallet so far and he became curious to know about bitcoin and i explained everything i know about bitcoin and encouraged him to join me in buying and holdling bitcoin that we are awaiting the bull market after the halving so he became so furious and told me that since he knew me that I don't normally give attention to anything online (internet) but for me to hodl such huge amount of Bitcoins that it means am really serious about it so he became interested and ask me how he can buy Bitcoin as well so I told him step by step on how to buy Bitcoin and he bought Bitcoins worth $520 that is about 0.012194 btc so he told me that he wish to acquire 1 btc so I told him not to worry that he will use the DCA method to buy same amount of bitcoins at different interval then with time he will surely acquire the 1 btc.
My question now is that is it wise that I showed him the amount of Bitcoins I have accumulated before he developed interest?

I can't say that what you said and did was wrong. Maybe he just can't be called wise steps, because do you think if you didn't show the amount of your Bitcoin holdings, he would have an interest in Bitcoin? Chances are high that it will not be of interest.

That's why, when you showed him the amount of bitcoin you have in your wallet, he got so hyped that he might have thought that he could do it easily. But he didn't see the negative side that he could face in the future. I can even say that what you did was wise if you told him to do his own research on Bitcoin first and don't buy it first; instead, it is better that he buy it because he understands why he needs to have bitcoin. This is my opinion only.
yes, it is the right step. Introducing Bitcoin to someone is not only about the profits and progress that can be obtained. But some risks must be understood.
telling the other person to learn for themselves and perhaps answer questions if he or she is having trouble is a good step. we are not salespeople to sell Bitcoin. the more people who understand Bitcoin would be good. then more and more people feel cheated by their ignorance about Bitcoin.
Many individuals tend to entice others into investing in Bitcoin by exaggerating the ease of earning from it. This approach makes it appear like a pyramid scheme. People must stop using such tactics since it often leads to a negative experience for investors. Once people invest, they often look for quick ways to earn from their investment, which typically results in disappointment in the end.

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February 03, 2024, 08:01:23 PM
 #191

My question now is that is it wise that I showed him the amount of Bitcoins I have accumulated before he developed interest?
I won't take your advice as bad because you showed your friend the bitcoin investment but you didn't show your friend your wallet seed phrase. My friend also showed me his investments but I never thought negative about him and he also did not keep any secrets from me. But your friend must be aware before investing that the seed phrase of the wallet he holds is very safe. It is not just about investing but also about securing investments. I want to know from you if you are active tell me if your friend invested like 1BTC? If your friend has invested one btc using DCA method then definitely tell your friend to wait till bull market.

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February 04, 2024, 10:07:58 AM
 #192

But I don't have any regret nor I feel hurt from their rejections, yes, they will soon see the result form our hard work and trust with Bitcoin. They will soon to get in touch and ask how?
It may not affect you, but rejection can be difficult for some. Many people avoid introducing Bitcoin to other people for this reason. Often, they fear being rejected because other people believe it is a scam. However, once those people see positive results from investing in Bitcoin, they become interested in learning how to invest.

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February 04, 2024, 12:29:25 PM
 #193

My question now is that is it wise that I showed him the amount of Bitcoins I have accumulated before he developed interest?
If you do this, you will lose your friend and your bitcoins.

Your friend is going to have a plan with some bad guys to attack you on the streets or break into your apartment at night, tie you up, gag you, torture you for three hours, threaten to kill you your family including your dog or cat, eat your food and then force you to send your bitcoin to a address. When you do, they'll disappear for ever. You'll lose so bad that you would never want to talk to anyone about bitcoin.

If you think that your innocent looking friend cannot perpetrate these things, read this  - Physical Bitcoin and Cryptocurrency Attacks that Have Been Reported Worldwide


This is quite scaring tbh, we definetely have to be more private when discussing the amount of bitcoin you have

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February 04, 2024, 01:05:05 PM
 #194

Revealing your Bitcoin stash to convince someone it's legit? I get the enthusiasm, but let's be real, flashing your digital coins can be a risky move. Your friend might be cool now, but money can twist even the best friendships faster than a Rubik's cube in the hands of a speedcuber. Privacy and security are like kryptonite to bad actors, and unfortunately, some folks see your crypto holdings as tempting targets. So, let's keep your financial Fort Knox under wraps, yeah?

So, promoting Bitcoin is awesome, but there are smarter ways to do it than playing show-and-tell with your wallet. Share articles, documentaries, podcasts – anything that educates others about the tech and potential of Bitcoin without revealing your personal info. Think of it like planting knowledge seeds instead of waving around money trees.

Talk market trends, pros and cons, the whole shebang. Just keep your own investments under wraps, like a ninja keeping their secret moves hidden. Remember, everyone's got different risk tolerances, so respect their journey and let them decide for themselves.

Security first, always. Strong passwords, two-factor authentication, the whole security kit and caboodle. Don't let anyone phish you or trick you into spilling your crypto beans.

SUGAR
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