Did you ever convince or encourage someone to invest in Bitcoin?

[Yukyzu]

often i discuss about btc with my friends, but it is only a discussion, I do not force them to invest their money without their own consciousness. they should be interested in btc before they learn to invest so as not to cause harm to them

[Unilevear]

Well in my case, I once tried to encourage a friend of mine to invest in bitcoin as I know that he will have a good return like mine, but the only problem is that he has no money, to invest with. Since he's the only friend that I taught bitcoin really seriously because my other friends seem to be not that really interested when I taught them about bitcoin, he's the only person for now that I encouraged to invest in bitcoin.

[RavenHood]

Yes, I did I convince my friend and brother to invest into bitcoin. Because bitcoin price is so high and still increasing that they can profit more. Even the bitcoin price is unstable you can still earn. In the end your investment will succeed 80% that’s why I encourage them to try investing in bitcoin.

[kuronokishi10]

Yes,I once told my friend to invest a small amount like 100-200$ in bitcoins but he refused to so,this was when the price of btc was around 1000$,now the price keeps on rising and he is still confused about when he should buy.

[supandi wiharja]

I never encourage someone to invest in bitcoin, because i am afraid that if they suffer losses, it will blame me.
Actually they themselves approached me to ask about bitcoin, because They saw me as an example of someone who first knew bitcoin.
After they asked me, this became my chance to convince them to invest in bitcoin.

[ice098]

in five days ago when I am visiting my friends in other city, I am discuss about internet marketing because she earn money from affiliate and then she asked me how I can earn money. I tell her that now I am trying to earn money from bitcoin and she is interesting with bitcoin, she wants to know about bitcoin and finally I teach her where we start, how we can earn satoshi by free and by deposit our money and buy bitcoin. I don't talk too details about bitcoin but I only tells the big point of bitcoin so she can follow my explaining and I think she is understand. every day we talk and discuss about bitcoin, I tell her about bitcointalk which she can found many news from here so she can learn more about bitcoin and I tell other website too. and now I think I can convince her about bitcoin and she have passion to continue to search more info about bitcoin and I am glad that one person again that I can convinced and I can give her my proof of payment from bitcoin.

No! Because everytime that I'm going to talk about bitcoin in my friends they're going to change the topic. I think they are not interested.

Yes many times i tried to convince them to start using bitcoin but some of they are not interested when i started to talk about bitcoin, even i've explained everything to them. While the others they agree try to used bitcoin, like joining in signature campaign, but not in investing.

[aizen10]

1. "Oh, it's already too expensive, I cannot afford to buy it.

There are so many ways/activity to how to get bitcoin, some works and jobs are available to get bitcoin, Expensive? yes its getting more expensive every month. so why would you not invest any amount that you can afford to have.

2. "The governments don't regulate it, why should I invest in it?"

some of the governments are not yet regulate it because they just want to observe on how bitcoin totally works and how they got income too, but most of the country are wants to get involve in bitcoin for so many reasons, like they want to be part of it because they want got some profits from it and from those who willing to support bitcoin on their country, like here are my country, bitcoin is totally accepted on some online shops purposes, easy to use wherever you are, easy to make some transactions like mode of payment, so its soon to implement this bitcoin in your country too if  doenst have yet.

3. "It's an illegal currency and only cyber criminals use it."

we didnt hide that facts that bitcoin can be use of those bad people for their bad activity, but not all people do that. and bitcoin is not a illegal currency. that word "illegal" are come from those fakes news which wanted this bitcoin to be illegal but its not.

4. "What backs up Bitcoin? For example US Dollar is backed by Trust (all time favorite response Cheesy), but what backs up Bitcoin?"

bitcoin is more backs up than US DOLLAR you mentioning, and now bitcoin is become all time favorite response Chessy, because of us who supporting bitcoin.

5. "The market is way too volatile to invest."

because bitcoin become more famous and the price of bitcoin became more valuable than any currency already existed.

6. "You can't really use Bitcoin as a currency."

yes you can, you can use bitcoin as a currency. more and more business man now are implementing bitcoin on their mode of payment so why you have many doubts on bitcoin to use as a currency? bitcoin is the future digital currency.

[owengtam09]

I don't have ever convinced anyone on investing in bitcoin, because there are still a lot of people that they don't know what the real potential of it is. They are in denial of how it will still increase in the future, they are saying that, bitcoin is just good right now and not in the future. Well, I don't have time for that kind of person that is not interested to invest in bitcoin.

[ennovy22]

I tried to convince/encourage someone but I realized that it is a bad idea. If they invest or trade the loses their money, I am the one to blame. And also if I convince them to do bitcoin, the more bitcoin miners, lesser value. We all don't want to be the price of bitcoin to be smaller.

[muneerashine]

I talked to them about BITCOIN, still they are skeptical about Bitcoin. They rather invest in traditional business. That's their hard earned money so I don't bother . I wish they will take time to research about BTC.

[Hypnosis00]

I did convince my parents to invest in bitcoin because when they have savings in bank and they noticed that the interest was very low then i came to them and told them that i have an idea that is better than putting their money in banks as a savings and i introduced them bitcoin and slowly but surely explain it to a very simple explanation and right now they gain a few profits by just putting some of their money in bitcoin and it is a very big gap from the interest in banks and bitcoin.

[HBT_HE]

I began to contact bitcoin 3 years ago, when a friend introduced it to me. At the very beginning, I was a little puzzled. I didn't know what bitcoin was. I felt it was a fraud, and it didn't exist. But slowly, after a long time of understanding it, and after using it, I think bitcoin is really great. Slowly, I started recommending it to my friends and colleagues.

[btc_angela]

Yes, if I known someone already close to me then I will encourage her/him to invest in bitcoin. However, I'm not quite successful. They know all about cryptocurrency but they are not that serious though. And then how can they invest right now when the price is going up like everyday? Most of them regrets not investing early when I have told them months ago and they will just laugh at me. But now its too late for them, they already missed a lot of opportunity of making easy money by just investing on it and just hold on their bitcoins.

[darkywis]

I keep convincing my family and my best friend to invest in bitcoin but they keep ignoring it. I showed them my profit but still saying its a scam.

[zarados]

I prefer to make people around me curious about what I do everyday with cryptocurrency. Curiosity raises questions, and once interested in achievable results, they will be interested in trying. Because most people will focus on what results will be treated if they enter into this cryptocc world. After entering the stage of trying, that is our duty to convince or encourage them.

[phelbaby]

What i do this days is that i don,t encourage people to invest on what they don,t have full knowledge of it,but i encourage them to read news about Bitcoin coin and cryptocurrency news.This has help most of them pick interest in Bitcoin and wish to invest on their own without much speaking of it.

[Domenc]

I would say i never encouraged or convinced people about investing in bitcoin . I have rather enlightened people about bitcoin , its presense and importance . As many people still don't know a thing about bitcoin . I have given knowledge to many friends regarding bitcoin but the sole decision of investing in bitcoin is theirs . Because no one wants to take the blame of loss after they invest in bitcoin . The market is so fluctuating that anything can happen.

[lighpulsar07]

No. i haven't encourage nor convince someone to invest in bitcoin because i am not a kind of person that shares my knowledge to everyone like some of us if they want something to me then they approach me not i will approach you but if they approach me and ask what i am doing then i will share my all of my knowledge and information about bitcoin but i am not encouraging them to invest on bitcoin because i want them to encourage to research or get more info then decide for themselves not me.

[moudazhang]

I came into contact with bitcoin from more than 1 years ago, it was one of my co introduced me to the bitcoin concept, this new concept was attracted, slowly to understand it and then start using it, now I have to my family, friends and colleagues recommend it it is a great invention.

[Harley29]

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 ), but what backs up Bitcoin?"
5. "The market is way too volatile to invest."
6. "You can't really use Bitcoin as a currency."

Well I think if you are a user off bitcoin and you are taking profit from it so defiantly your family members or your close friends will ask you about changes of your life so defiantly they will start to believe but if you think still they are not going to believe you just tech them about bitcoin and tell them to try this one I’m sure they will start believe.