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

[bitcon]

I did but none of the people that I did recommend it to has made a fortune. Most of them thought it's a scam and ignored my advice up to the point when I told them the current value. When they heard it they got angry and sad and said that it was too late to do anything now. 2 or 3 years from now it's going to be the same. They will hear about the price and regret again.

Oh, yes! It happened several years ago when Bitcoin price was so small that nobody could even guess that it will start making people millionaires. I managed to persuade my brother to start mining that time.

[Ibrahimmy6969]

"Bitcoin has been awesome and will always be awesome. " Yeah, it maybe true in some way, but i still be wary of it. It doesn't like other coin, it's virtual money. That's reason why we can hold it directly in our hand. So that I never encourage sb to invest in Bitcoin

[Uno17]

Yes i did... my first born was one of them, though it’s just minimal amount but i was able to convinced her to at least invest in bitcoin on her afford budget, some few friends and until now i keep convincing anyone if i had the chance to, it’s not only for the bitcoin industry but also to the bitcoiner because they will be showered too with the benefit of bitcoin when it reaches its peak point again. For me i will never surrender in bitcoin because i am sure that there is a good future awaits😊

[Bdstar]

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."

Basically, Bitcoin has been already a popular form of money and people are getting involved in this platform day by day. A couple of days earlier, I tried to introduce about Bitcoin to a cousin but he's a lot of confusion regarding this issue so that I tried my level best to impress regarding Bitcoin. When I stated that the prosperity of Bitcoin based on the recent times then he convinced a little bit. I also shared with him those are mentioned in the post.

[jpurusa]

Since I have joined in btc activities as newbie, my closed friend also had shown me that he had received much money as income from btc. At that time I directly asked and convinced my office mate to do the same. Fortunately, my friend was so interested in investing even today has enjoyed income to meet his daily needs and very happy.

[btcrut2017]

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."

I joined btc last 2017. I have not that much profit yet but i am positive in it. I was motivated by my collegues who are now millionaires and quit there jobs. I also let my siblings joined. I do lectures when some of my friends wants information about btc.

[Kittygalore]

You have to introduce first what bitcoin is and how it works, the advantages and disadvantages and also the risks they might get. Prior to this also you have to tell them how to avoid those risks for them to achieve what they want if it is profit. Also make them amaze on what you achieved using it and the best way to encourage them is let them see your money or earnings.

[Sithara007]

During the past 4-5 years, I might have talked to at least 100 people, trying to convince them about the advantages of Bitcoin. 95% of the people ignored me. The remaining 5% initially showed some interest, but after some time they also lost their curiosity about Bitcoins.

[armandoz]

For me before i will incourage someone to invest in bitcoin i most have a proof of good testomony and the person most show myself that im successful and reach just to see is to believe. and i will make sure that person will not use the bitcoin if he become investor it will affect to us if the bitcoin grow we are also same aspect our invest it may be grow also..greater benefit to us rather than use it in gambling only.

[Napole0n]

Probably I did so without realizing that. Just tried to bring reasons why BTC is good and so on. But I believe that aggressively convincing people is somehow unethical as they should make their own decisions.

Yes, we only introduce bitcoin, let those who think and make decisions, if we are aggressive and they get a loss of course he will blame us, whereas if he get profit then not necessarily divide to us.

[wall101]

There is no legit investing I think especially in large percentages given every day especially 20% per day all over 100% of your money.
But it is also legit and famous in different corners of the world but low percentage is given daily.

[andreevaviktoriy77]

Yes, one day when I just started investing in bitcoin, I wanted to be dealt with by someone else and searched for accomplices, eventually found an accomplice in the person of my father.

[carlisle1]

I have convinced my bestfriend though it took me long time,because hes on stock market and its harder for him to transfer here in crypto..now hes a successful miner and trader and hes more than best in crypto than mine.i feel insecurities sometimes knowing that i was just teached him and now hes better than mine

[luigidosado]

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."

I've been sharing to my friend about bitcoin. How it works, how they can make profit out of it and the technology behind it. But almost everyone has the same response about it. All of them think its just a scam that after investing a huge amount of money, everything will be gone. Others say that its price is too expensive that's why they can't afford it. I don't want to force them to invest on it because I'll be the one responsible if they lost the money that they invested. I just let them explore it and I just give them advice whenever they have questions.

[bitfocus]

I get more response like "I don't understand Bitcoin much" - so I help them to know Bitcoin, and a few friends of mine have jumped into Bitcoin recently after observing the market deeply.

[panganib999]

I tried to encourage rather than convince people to invest in bitcoin and I can count quite an amount of people who have been involved directly or indirectly with bitcoin because of my actions. The reason why I decide to stick to encourage part is because of the uncertainty that surrounds bitcoin and people would only want a something that would guarantee return for them which is something anyone involved with right amount of information will not commit himself to.

But with my actions in the area of websites I visit, blogs I read, visiting the forum, crypto trading site and much more. This made people close to me aware then those who will act on it will then start their research then ask questions in places that are not clear.

I made some introduction about bitcoin technology to some of my friends and members of the family, I told them to make some research and read topics related to bitcoin and cryptocurrency market. I have answered some of their question about how it works and some of its basic operations and coverage as far as my knowledge can, and advice them to try this phenomenal innovation.

[Rockyz]

Yes to a family member,i tried t encourage them,i tried to persuade them but most the time they would say no. They are afraid of the risk involved, ome say it is too expensive and most of them say they have no time in studying bitcoin.

[Pasaway2701]

I have tried one's prospect and that I discuss about very profitable bitcoin investments, I have long explained to the person, but unsuccessfully, the answer: expensive, illegal, hard to understand, but now change the way of promotion by telling about earnings me and how it works, and this method has worked.

Some people want to see first the earning before they convince in one thing. It is hard to explain in someone that is no interest in what we are doing. They will become to be spoon feed when we push them to take it even we already give them what they should read yo understand it and gain knowledge.

[wesbrook2]

Actually I've  convinced this friend of mine to join and invest in bitcoin when we are studying and now this friend have been spending his life to earn bitcoin

[KesoNie]

I have tried one's prospect and that I discuss about very profitable bitcoin investments, I have long explained to the person, but unsuccessfully, the answer: expensive, illegal, hard to understand, but now change the way of promotion by telling about earnings me and how it works, and this method has worked.

Some people want to see first the earning before they convince in one thing. It is hard to explain in someone that is no interest in what we are doing. They will become to be spoon feed when we push them to take it even we already give them what they should read yo understand it and gain knowledge.

I didn't even try to convinced someone to invest in bitcoin but I always leaving them a encouraging information about bitcoin. I know even though I didn't convinced them I believe that the bitcoin itself will convinced those people because of the information that I shared to them make it attractive to investors and also I used to explain to them the technology behind bitcoin, how will you earn in bitcoin.