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Author Topic: Did you ever convince or encourage someone to invest in Bitcoin?  (Read 4903 times)
ongels
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November 02, 2017, 05:48:12 AM
 #21

Recently i tried to encourage my older brother to get into bitcoin investment, He find its too expensive , and don't have much capital to dig in it. He is also looking forward to study and observe the trend of btc , His decisions still hanging  Roll Eyes
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November 02, 2017, 03:44:20 PM
 #22

yes i am trying to convince my friends to invest in bitcoin but he still not interesting with bitcoin. i think we can not push someone to invest in bitcoin because its his decision to join into bitcoin world and if he don't want to join then its up to him. but i think after he know that bitcoin price is increase too high this year then i am sure that he will be regret and he might be interesting to join.



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Svelto
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November 02, 2017, 04:38:44 PM
 #23

Yes, I have successfully introduce BTC to my family members and close friends. They are open minded and some of them are actively buying BTC to keep as an asset. Now we have one more common topic to discuss about.
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November 02, 2017, 04:52:30 PM
 #24

Yes I did bust most of them wowed by what I told them ( under 38 years old) and  the answer just like number one: Oh, it's already too expensive, I cannot afford to buy it. I said it's up to you whether yes or no. And then he asked what if I invest and the price down. Well that is a common risk in investing not only bitcoin.
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November 03, 2017, 08:40:01 AM
 #25

Well for me yes i did.I suggest few of my friends and family members to invest with bitcoins.
First they were listening my words but when they come to know that bitcoin is a risky they lose there interest.Because they don't want to lose there money.Especially on crypto currency who has no fix price
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November 03, 2017, 08:52:24 AM
 #26

Bitcoin has been awesome and will always be awesome. We, who have been involved in Bitcoin since the very early days understand this very well. However, for the laymen, for the people who don't really understand the technical aspects of Bitcoin or those who only watch the mainstream media are skeptic about Bitcoin. Since, all they hear in the News is how Bitcoin can be used for illegal activities and how it offers complete anonymity (common misconception) to people to do what they need on Internet.

Have you ever convinced or encouraged anyone to invest in Bitcoin and did you have success? Of course, since we know that we are giving a good advice, so we would usually advice our own family members or friends about this.

In the past few months, I encouraged some of my friends to invest in Bitcoin. They had a lot of questions about it from technical perspective and I helped them understand. They invested in Bitcoin and are very happy with the returns. And now this information propagates and more people will get involved in Bitcoin.

In my humble opinion, as a Bitcoin enthusiast, we can help understand people the positive aspects of Bitcoin. The price of Bitcoin is still in the very initial stages and those of us who really understand what Bitcoin offers, know that Bitcoin Price is only 1/10th of what it's worth right now.

What are the most common responses you get from laymen about investing in Bitcoin?

Some popular ones I receive are:

1. "Oh, it's already too expensive, I cannot afford to buy it."
2. "The governments don't regulate it, why should I invest in it?"
3. "It's an illegal currency and only cyber criminals use it."
4. "What backs up Bitcoin? For example US Dollar is backed by Trust (all time favorite response Cheesy), but what backs up Bitcoin?"
5. "The market is way too volatile to invest."
6. "You can't really use Bitcoin as a currency."

In my country it so hard to explain the positive side of bitcoin. Because the media in our country is saying that bitcoin is just huge scam and it only just waste of time. international television is killing bitcoin in our country and paid some people to make lie statement in front of national television.
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November 03, 2017, 09:03:40 AM
 #27

I tried to explain to some people what is BTC and which are its advantages and disadvantages,but I never tried to convince them to invest because there is always a risk when it comes to money.If a person shows a greater interest then I'll be happy to help with additional advice how to buy,keep and secure BTC.

People are still pretty skeptical when it comes to BTC,mostly know about BTC from media and reports about ransomware,terrorism and money laundering.However when they see how much the profit can be some become pretty interested and decide to invest some money.I think more people will be interested for invest when there are more places where you can spend BTC without convert it to fiat first.

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November 03, 2017, 09:20:02 AM
 #28

Every day I encourage my family friends and convince them to start a few bites a bit of them accept my input,but few of them are still hesitate to start and true a lot of them answer too expensive for investment.I have assured this is not expensive " you can invest a little if you still have doubts ",that's what I press for them.The question that often arises is "this is illegal the government does not allow this" I still give this input would be legal as time goes by the government can definitely accept this,I take for example some countries that have legalized this is japan.

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November 03, 2017, 09:38:01 AM
 #29

Bitcoin has been awesome and will always be awesome. We, who have been involved in Bitcoin since the very early days understand this very well. However, for the laymen, for the people who don't really understand the technical aspects of Bitcoin or those who only watch the mainstream media are skeptic about Bitcoin. Since, all they hear in the News is how Bitcoin can be used for illegal activities and how it offers complete anonymity (common misconception) to people to do what they need on Internet.

Have you ever convinced or encouraged anyone to invest in Bitcoin and did you have success? Of course, since we know that we are giving a good advice, so we would usually advice our own family members or friends about this.

In the past few months, I encouraged some of my friends to invest in Bitcoin. They had a lot of questions about it from technical perspective and I helped them understand. They invested in Bitcoin and are very happy with the returns. And now this information propagates and more people will get involved in Bitcoin.

In my humble opinion, as a Bitcoin enthusiast, we can help understand people the positive aspects of Bitcoin. The price of Bitcoin is still in the very initial stages and those of us who really understand what Bitcoin offers, know that Bitcoin Price is only 1/10th of what it's worth right now.

What are the most common responses you get from laymen about investing in Bitcoin?

Some popular ones I receive are:

1. "Oh, it's already too expensive, I cannot afford to buy it."
2. "The governments don't regulate it, why should I invest in it?"
3. "It's an illegal currency and only cyber criminals use it."
4. "What backs up Bitcoin? For example US Dollar is backed by Trust (all time favorite response Cheesy), but what backs up Bitcoin?"
5. "The market is way too volatile to invest."
6. "You can't really use Bitcoin as a currency."
Yes I have convinced or encouraged so many people to invest in bitcoin. i just have shared to them my experiences and testimonies in using bitcoin and they are so much encouraged.I have talked to people about Bitcoin but I did not convince or encourage them to invest in Bitcoin. I do not want to be blamed when they lose money even though it will be their own fault. So just to be on the safe side I do not encourage them. I am just introducing Bitcoin to them, what Bitcoin is, some basic stuffs Bitcoin can do and some benefits when you have Bitcoin and use Bitcoin. The are all hooked because of the price but I think they haven't invested yet. Maybe because Bitcoin is not that popular here in our country.
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November 03, 2017, 09:46:12 AM
 #30

Bitcoin has been awesome and will always be awesome. We, who have been involved in Bitcoin since the very early days understand this very well. However, for the laymen, for the people who don't really understand the technical aspects of Bitcoin or those who only watch the mainstream media are skeptic about Bitcoin. Since, all they hear in the News is how Bitcoin can be used for illegal activities and how it offers complete anonymity (common misconception) to people to do what they need on Internet.

Have you ever convinced or encouraged anyone to invest in Bitcoin and did you have success? Of course, since we know that we are giving a good advice, so we would usually advice our own family members or friends about this.

In the past few months, I encouraged some of my friends to invest in Bitcoin. They had a lot of questions about it from technical perspective and I helped them understand. They invested in Bitcoin and are very happy with the returns. And now this information propagates and more people will get involved in Bitcoin.

In my humble opinion, as a Bitcoin enthusiast, we can help understand people the positive aspects of Bitcoin. The price of Bitcoin is still in the very initial stages and those of us who really understand what Bitcoin offers, know that Bitcoin Price is only 1/10th of what it's worth right now.

What are the most common responses you get from laymen about investing in Bitcoin?

Some popular ones I receive are:

1. "Oh, it's already too expensive, I cannot afford to buy it."
2. "The governments don't regulate it, why should I invest in it?"
3. "It's an illegal currency and only cyber criminals use it."
4. "What backs up Bitcoin? For example US Dollar is backed by Trust (all time favorite response Cheesy), but what backs up Bitcoin?"
5. "The market is way too volatile to invest."
6. "You can't really use Bitcoin as a currency."

Hahaha last year around September I came across Bitcoins when the value was 900$ and I told people around me, that's this Is something worth having and people scoffed at me, some even called me a fool that it was ponzi and in less than a year I am now daily bombarded by messages, and people have invested heavily on my advice from a fool suddenly I am now refereed as Bitcoin expert. This feeling is great and I did only basis, I kept on investing and showed people the profits, the charts and boom people brought a lot and they are very happy to.
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November 03, 2017, 09:48:14 AM
 #31

No I never did convince anyone to invest in bitcoin ,
Because what if they lose their money because of their investment in it then I would be the one who is responsible or I would feel guilty about it,
That's my reason why I never really convince my friends or anyone to invest in bitcoin.

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November 03, 2017, 09:57:21 AM
 #32

I tried to encourage someone to invest in bitcoin but i never tried convincing them and giving them any hope or what since in the crypto world, we can never tell what will happen especially with the fluctuations. But most of the time, i just introduce bitcoin and give them an idea on how it works and so as with its pros and cons.

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November 03, 2017, 10:00:01 AM
 #33

i tried convincing my aunt to invest in bitcoins but there were asking me to stay away from bitcoins as they felt it is something which is illegal that am talking about they said its not right to do such things online.They even asked me to stay away from such online scams but i don't really understand why they even asked me to stay away from such online scams but i don't really understand why they  felt it as a scam they even said to me to stay away from doing trading or gambling on bitcoins and said that its all illegal. I felt that she is too old to understand about bitcoin investment and left and months later she came back talking about btc investment .

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November 03, 2017, 10:02:31 AM
 #34

I tried to encourage someone to invest in bitcoin but i never tried convincing them and giving them any hope or what since in the crypto world, we can never tell what will happen especially with the fluctuations. But most of the time, i just introduce bitcoin and give them an idea on how it works and so as with its pros and cons.

No not yet because myself also doesnt have enough knowledge about bitcoin. Because im a newbie here.
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November 03, 2017, 10:03:28 AM
 #35

Convincing them to invest is not they always say that bitcoin is not real even i show them my proof, but there are some friends are taking serious in bitcoin but they are not investor they are only earning here by participating in signature campaign, they are scared to put some money in online simply they are not a risk taker like me. I always tell to them that bitcoin is becoming global currency which can we used all over the world.

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November 03, 2017, 10:04:45 AM
 #36

Yes! I tried to convince my friends with every argument but they didn't believe me. But when I showed them the money I had made... It was whole different story. I got 4 people invested into bitcoin that week.
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November 03, 2017, 11:21:59 AM
 #37

Convincing other is not an easy task and it takes just more than the proof but also on how to gain their trust. I do try convincing other people through showing them the money I had earned from working with bitcoins and adding the transaction I had been previously so they can determine that I'm not just making some stories. I do admit some still hesitant after I showed some but there were still people who were convinced and start asking me how to earn.



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November 03, 2017, 11:28:14 AM
 #38

I did told them about bitcoin but I did never encourage them to invest with bitcoin until they figured by themselves on what bitcoin really is. I want most of them to understand what they are trying to invest as it is their money that they'll be handling.

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Rozita
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November 03, 2017, 11:30:15 AM
 #39

It's difficult to convince people to do it. I think most of people including current bitcoin holders didn't invest in cryptocurrecencies as soon as they heard about it. I personally didn't invested in Bitcoin once I heard about it. But I think we are responsible for our family and friends. We should talk with them about Bitcoin.

Till now I have told some of my friends about bitcoin. None of them were convinced.
cryptorony
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November 03, 2017, 11:31:12 AM
 #40

Bitcoin has been awesome and will always be awesome. We, who have been involved in Bitcoin since the very early days understand this very well. However, for the laymen, for the people who don't really understand the technical aspects of Bitcoin or those who only watch the mainstream media are skeptic about Bitcoin. Since, all they hear in the News is how Bitcoin can be used for illegal activities and how it offers complete anonymity (common misconception) to people to do what they need on Internet.

Have you ever convinced or encouraged anyone to invest in Bitcoin and did you have success? Of course, since we know that we are giving a good advice, so we would usually advice our own family members or friends about this.

In the past few months, I encouraged some of my friends to invest in Bitcoin. They had a lot of questions about it from technical perspective and I helped them understand. They invested in Bitcoin and are very happy with the returns. And now this information propagates and more people will get involved in Bitcoin.

In my humble opinion, as a Bitcoin enthusiast, we can help understand people the positive aspects of Bitcoin. The price of Bitcoin is still in the very initial stages and those of us who really understand what Bitcoin offers, know that Bitcoin Price is only 1/10th of what it's worth right now.

What are the most common responses you get from laymen about investing in Bitcoin?

Some popular ones I receive are:

1. "Oh, it's already too expensive, I cannot afford to buy it."
2. "The governments don't regulate it, why should I invest in it?"
3. "It's an illegal currency and only cyber criminals use it."
4. "What backs up Bitcoin? For example US Dollar is backed by Trust (all time favorite response Cheesy), but what backs up Bitcoin?"
5. "The market is way too volatile to invest."
6. "You can't really use Bitcoin as a currency."

Yes lately this year i convinced my sister to buy bitcoins with me.
She works in IT and have lots of money and donot know where to grow .
she bought bitcoin when it was 2500 she is really happy now that i made her bought in that price.
hope bitcoin run will go on and we make more profits.
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