virendarnagpal
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Activity: 672
Merit: 12
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January 29, 2018, 08:11:04 AM |
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First of all it needs to be checked the level of the knowledge the beginner is having about crypto coins. In case he knows nothing; first of all it needs to be defined clearly that it is digital currency different from the physical coins we are using in our routine life; also then he needs to be narrated about the usage of internet and need of a computer or mobile set to install and use a wallate through which all the transactions of crypto currency will be made once he enters in the market.
Then as a second and most important step he needs to be informed about the risk involved in the trading in this market. Tell him not to just follow blindly what the people are saying him; but personally investigate and gain knowledge by reading white paper and other materials available about it.
Risk of burning hands by investing entire assets in it may be clearly informed. Ask not to put all the eggs in one basket. Initially only that part of money should be invested loss of which can be tolerated without much pains.
Bitcoin talk discussion is the best platform where he may gain maximum knowledge by reading comments. I have seen very much precious and important clues given by senior intelligent members of the forum. So it will be best for him to spend few hours a day reading comments for 15-20 days and now he will be at the stage where he will have gained sufficient knowledge to decide the advantageous acts in his favour.
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Tonygold1967
Jr. Member
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Activity: 308
Merit: 5
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January 29, 2018, 08:13:40 AM |
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Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?
First of all they shell realize that it contains risk, and benefit is not guaranteed. But you should also explain pros of crypto, advantages and ways to get profit. |
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Df9898
Newbie
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Activity: 196
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January 29, 2018, 08:22:42 AM |
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Yes of course bitcoin help beginner because bitcoin teach people how to work online and teach beginner how to transaction , work and much more i think bitcoin help much people especially beginner people.
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Ciscopro2000
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Activity: 495
Merit: 10
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January 29, 2018, 08:38:35 AM |
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First thing I would tell a beginner is patience. I’m a newbie as well and I try to read and research as much as I can about crypto. Many beginners jump right in and start buying coins or invest in these shady cloud mining sites without a clue. They hear news reports and fear of missing out on striking it rich. They should join forums like this and learn as much as they can. This site and YouTube are a wealth of solid information.
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jops
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January 29, 2018, 08:59:59 AM |
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I suggest teach them to understand what is cyrptocurrency and what is bitcoin. Also teach them to b patient on this, this is not easy to do so and it is risky. teach them the basic step by step. First teach them to join bitcointalk forum. Read the forum understand ang learn it. On that furom may help them to understand what is bitcoin. All they want to learn is on that forum. Encourage them to learn on it. Its because not all the time their is a good samaritan who willing to teach them all the time step by step. When i begin bitcoin may friend tol me to go for a airdrop just apply. But there is a lot off apps need to be in order to apply.
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szpalata
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January 29, 2018, 10:00:56 AM |
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I think that the best way to introduce a newcomer to bitcoin will be to tell him what are the advantages of bitcoin against other fiat currencies, and to give him a small amount of bitcoin so he can buy something/ use it.
There is no better way of learning the system then actually using the system.
Let him send some coins, and then explain him that if he was doing the same transactions through his regular bank account it would be arrive in 2-3 days instead of few minutes, and it would have cost him much more then he paid for the bitcoin transaction.
For the beginner we should explain all the important information about in bitcoin. And when the beginner want to invest in bitcoin we should tell that he or she need extra patience because he or she will wait for a long period of time to make her or his money grow and have a much profit. And when the beginner want to earn bitcoin without releasing money he or she will join in signature campaign but he or she need extra effort, patience and focus because join in signature campaign or bounty campaign is very difficult . We should rather encourage beginners to learn about bitcoin and all it's technological advancements rather than have them learn about means of earning bitcoins for free in bounty campaigns as that has been the reason why many are not delving deep into learning about the technology and how it can help our lives in the future. |
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maydna
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January 29, 2018, 12:03:39 PM |
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I think that the best way to introduce a newcomer to bitcoin will be to tell him what are the advantages of bitcoin against other fiat currencies, and to give him a small amount of bitcoin so he can buy something/ use it.
There is no better way of learning the system then actually using the system.
Let him send some coins, and then explain him that if he was doing the same transactions through his regular bank account it would be arrive in 2-3 days instead of few minutes, and it would have cost him much more then he paid for the bitcoin transaction.
For the beginner we should explain all the important information about in bitcoin. And when the beginner want to invest in bitcoin we should tell that he or she need extra patience because he or she will wait for a long period of time to make her or his money grow and have a much profit. And when the beginner want to earn bitcoin without releasing money he or she will join in signature campaign but he or she need extra effort, patience and focus because join in signature campaign or bounty campaign is very difficult . We should rather encourage beginners to learn about bitcoin and all it's technological advancements rather than have them learn about means of earning bitcoins for free in bounty campaigns as that has been the reason why many are not delving deep into learning about the technology and how it can help our lives in the future. I agree and if they ask about the freeway, then we can explain about bounty campaign or another way so they could start to earn like other people's too. and if can explain about how the technology will help our lives, then I guess they will exciting and will be interested to learn more about bitcoin because I have seen this happen with some of my friends which is new in cryptocurrency especially in the bitcoin world. we should always open-minded if someone wants to learn about bitcoin and help that person so they could know that bitcoin is something that will bring something new to their life. |
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DunnDy
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Activity: 132
Merit: 12
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January 29, 2018, 12:19:21 PM |
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At the very beginning, I would warn him that bitcoin may be unstable and that it requires in-depth analysis to make profits. Furthermore, maybe you can show him some honest articles written in non-specialist language so he can fully understand them. It is important that he has some knowledge on this subject and then you can persuade him to invest or mine, not in reverse order.
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Awraawra
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January 29, 2018, 12:27:27 PM |
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Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?
it is so nice help other people who are interested for what you are doing,specially when it comes to an extra income.if you want to help them you should encourage them slowly and if we share them how good bitcoin is then suddenly they will enjoy what we are doing now,and i know that they love to earn more and more bitcoin for there other income. |
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imadmirer
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January 29, 2018, 12:30:37 PM |
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That's a good question. I would say that you must first introduce the newbie to this forum for him or her to understand what is going on in the world of cryptocurrency. It is equally important that you hand hold the beginner initially to teach and explain the blockchain process etc. When you operate and work on it, the clarity of the subject deepens for the person.
ICOs and airdrops need to be discussed. Or you can ask him to see videos or read about the ways to earn bitcoins (for example by clicking on to my signature and reading the free report). This way he gets a better idea of what is it that is ahead of him.
Slowly it is important that you show him the trading aspects of altcoins and bitcoin. Then the picture becomes very clear. He will then be able to appreciate better, bitcoin value, wallet, earning and of course trading.
It is important that one appreciates the presence, prospects and uses of cryptocurrency and its potential to become the most accepted form of transaction all through the world.
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