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Author Topic: Do Not Pressure Anyone Around You To Invest In Bitcoin.  (Read 1017 times)
AmaGold70
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June 21, 2024, 10:26:05 PM
 #81

I always say that investing in Bitcoin is more like a gamble and in gambling there are two things involved, it's either you lose or you win, and pressuring a newbie that knows nothing about the rise and fall of Bitcoin to invest is attracting problems for yourself if anything goes wrong at the end of the day because they think it's invest today and cash out tomorrow which is obviously not the case. Though there's nothing wrong in telling your friends and relatives to invest in Bitcoin but let it be only without pressure or imposing it on anyone to avoid being held responsible for their loses because people are impatient these days.
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June 21, 2024, 11:16:44 PM
 #82

There are some people who may never be interested in investing in Bitcoin even when they see the need to invest I think the best thing is to ignore them instead of putting so much pressure on them for them to invest. It is not every one that understands the meaning of investing for the future I think anyone who's interested in Bitcoin investments won't waste time to invest regardless of the current economic situation.
The only person right wey I fit put pressure for body to invest in bitcoin na be myself and nah that one be the best thing to do as sef motivation. As no be every person wey understand investment na so wey no be every person understand bitcoin, so person wey no sabi the importance of investment na how him wan use gather interest for bitcoin? Bitcoin on a normal no be for everybody na make them call am alternative of fiat currency system. And na people wey don tire for the policing wey centralized finance don do us na go seek for that available alternative wey be bitcoin.
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June 22, 2024, 04:34:12 PM
 #83

I always say that investing in Bitcoin is more like a gamble and in gambling there are two things involved, it's either you lose or you win, and pressuring a newbie that knows nothing about the rise and fall of Bitcoin to invest is attracting problems for yourself if anything goes wrong at the end of the day because they think it's invest today and cash out tomorrow which is obviously not the case. Though there's nothing wrong in telling your friends and relatives to invest in Bitcoin but let it be only without pressure or imposing it on anyone to avoid being held responsible for their loses because people are impatient these days.
I don't quite agree with your analogy because to me gambling is totally different from investment in Bitcoin. In gambling, when you lose, all your money is gone but in Bitcoin, you only lose money when you sell. If you can wait out bearish season, you will hardly lose money in Bitcoin. Bitcoin is less emotionally draining and those who held for a longer time get richer. Instead of comparing investment in Bitcoin to gambling, it is wise to compare buying some new coins to gambling because you are not sure if the coin will survive or fail.... this is the real definition of gambling. To support this, people buy memecoins with small amount of money such as they are able to lose whereas they invest in Bitcoin with big amount because they know the risk is lower in Bitcoin.

R


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Derek jnr2001
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June 23, 2024, 12:32:30 PM
 #84

I always say that investing in Bitcoin is more like a gamble and in gambling there are two things involved, it's either you lose or you win, and pressuring a newbie that knows nothing about the rise and fall of Bitcoin to invest is attracting problems for yourself if anything goes wrong at the end of the day because they think it's invest today and cash out tomorrow which is obviously not the case. Though there's nothing wrong in telling your friends and relatives to invest in Bitcoin but let it be only without pressure or imposing it on anyone to avoid being held responsible for their loses because people are impatient these days.

That is why I don't like forcing someone to go into bitcoin investment because if they experience any lose in the market you will be hold responsible unlike as you said earlier. of course most people think bitcoin Investment is a get rich quick scheme, without knowing that bitcoin Investment requires a lot of time and patient is not like that of meme Investment that you can get profited within a short term, that is why I always avoid telling people about bitcoin investment because they might go with it the wrong way.
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June 24, 2024, 12:26:09 AM
 #85

I always say that investing in Bitcoin is more like a gamble and in gambling there are two things involved, it's either you lose or you win, and pressuring a newbie that knows nothing about the rise and fall of Bitcoin to invest is attracting problems for yourself if anything goes wrong at the end of the day because they think it's invest today and cash out tomorrow which is obviously not the case. Though there's nothing wrong in telling your friends and relatives to invest in Bitcoin but let it be only without pressure or imposing it on anyone to avoid being held responsible for their loses because people are impatient these days.

That is why I don't like forcing someone to go into bitcoin investment because if they experience any lose in the market you will be hold responsible unlike as you said earlier. of course most people think bitcoin Investment is a get rich quick scheme, without knowing that bitcoin Investment requires a lot of time and patient is not like that of meme Investment that you can get profited within a short term, that is why I always avoid telling people about bitcoin investment because they might go with it the wrong way.

There are different set of people, that's why one need to mind the kind of people he or she recommends to invest in Bitcoin. To me someone telling you to invest in Bitcoin shows that , that Individual care about and the individual has a nice heart only bad person will see something that's good and keep it to himself. So for someone who can exercise good patient bitcoin long-term investment is the best For them because if such individual where able to pull it off holding for long like 4-5 years and bitcoin surge as normal .  That Individual will be in good profit.

Those that are in to just get rich quick like magic , through this space are mostly called the impatient one and they easily fall as victims In Investing in the wrong project (like investing in some lame shitcoins).

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June 24, 2024, 04:30:35 AM
 #86

I always say that investing in Bitcoin is more like a gamble and in gambling there are two things involved, it's either you lose or you win, and pressuring a newbie that knows nothing about the rise and fall of Bitcoin to invest is attracting problems for yourself if anything goes wrong at the end of the day because they think it's invest today and cash out tomorrow which is obviously not the case. Though there's nothing wrong in telling your friends and relatives to invest in Bitcoin but let it be only without pressure or imposing it on anyone to avoid being held responsible for their loses because people are impatient these days.

That is why I don't like forcing someone to go into bitcoin investment because if they experience any lose in the market you will be hold responsible unlike as you said earlier. of course most people think bitcoin Investment is a get rich quick scheme, without knowing that bitcoin Investment requires a lot of time and patient is not like that of meme Investment that you can get profited within a short term, that is why I always avoid telling people about bitcoin investment because they might go with it the wrong way.

There are different set of people, that's why one need to mind the kind of people he or she recommends to invest in Bitcoin. To me someone telling you to invest in Bitcoin shows that , that Individual care about and the individual has a nice heart only bad person will see something that's good and keep it to himself. So for someone who can exercise good patient bitcoin long-term investment is the best For them because if such individual where able to pull it off holding for long like 4-5 years and bitcoin surge as normal .  That Individual will be in good profit.

Those that are in to just get rich quick like magic , through this space are mostly called the impatient one and they easily fall as victims In Investing in the wrong project (like investing in some lame shitcoins).
You are right. People who can take your advice on investment can be advised but one class of people you cannot advise or they will misunderstand you. I think someone can be convinced on his own to invest in bitcoin especially if he is worthy in your view. You may also campaign personally by selecting individuals that are completely within your range. I do my best to move investments away from shitcoin so that other investors don't suffer unnecessary losses. And commit yourself to long-term bitcoin investments.
Bitcoin can lead you to a reasonable profit with long holdings.
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June 24, 2024, 09:48:08 PM
 #87

Their has never been anytime when an investment is successful when one is forced. When people claim they were been forced to make an investment of anything happens to the invest all blames will be one you. Their is nothing wrong when you share knowledge about an investment with someone but it is never tight trying force or convince someone to go into an investment that the person is never ready to invest willingly.  Investment is a thing of choice and it will be good if people will make their choice of choosing investment for themselves.

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June 24, 2024, 10:28:52 PM
 #88

Their has never been anytime when an investment is successful when one is forced.
I highly doubt that!
Having to force someone to invest is a bad idea, isn’t something I would advise of anyone but, it doesn’t mean it always goes wrong. Some persons have been advised against their guts to pick up some investing and they did and it came out nice. It’s always a step towards building courage to investing in some fields but, not the best means. I still would t support it either but, I just want to recount that, it doesn’t always ends badly.

When it comes to Bitcoin investment, given it’s volatile nature, it’s a no on persuasion, just something you shouldn’t do given the risk involved.



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