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Author Topic: is this the right time to explain about bitcoin to others..?  (Read 22793 times)
Andam76
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January 08, 2019, 12:02:22 AM
 #21

in my opinion not necessarily what you think is the same as what other people think ... so it doesn't hurt if we explain about bitcoin to others ... the more people know about bitcoin the better for the development of bitcoin itself
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pinoyden
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January 08, 2019, 12:17:31 AM
 #22

explaining btc to others doesnt have to be time specific .  you can teach them anytime or much better if you can  do it as early as possible because time is precious and time is running out.   The longer the bitcoin exist and the more btc had been mined , the value can also increase  . you dont want someone to be late if ever that time comes  are you ?
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January 08, 2019, 01:17:41 AM
 #23

now the market value is dull and the price of bitcoin is also low and is at loss ...so iam asking that if i explain now about the bitcoin they may think as a scam...
whenever you can explain to everyone about bitcoin, I hope you understand bitcoin in detail before explaining to others, if you explain it, they will send various questions so I hope you can give the correct answers and explanations. In Bitcoin, you can get profit and loss so you have to take steps. in low market situations, it is better to trade to make it easier to make a profit.

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Indrawan77
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January 08, 2019, 04:43:52 AM
 #24

Its never wrong to explain and introduce bitcoin to other people, but never force them to invest, and if they want to invest you mees to explain the risk and how the price movement works, if you can explain correctly then they wont label bitcoin as scam product, we need to keep on introducing bitcoin to other people so there will be more users and more users mean that bitcoin could be more valuable
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January 08, 2019, 05:59:52 AM
 #25

so iam asking that if i explain now about the bitcoin they may think as a scam...

You ain't introducing them to the price rather to the product worth and the inherent value of bitcoin. If anyone thinks it is a scam based on the price being at a low, they do not yet understand the concept behind this technology.
Anytime is the right time to explain about bitcoin to others ,provided that the person you have to explain is good normal mood not a trouble mind ,so that you can explain more about bitcoin, and explain to him the true concept of bitcoin, not the current situations of the market ,because from time to time , that person will really understand what is bitcoin and cryptocurrency all about.

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January 08, 2019, 06:16:01 AM
 #26

I don't see why not. The price doesn't have to be extremly high to be worth explaining and recommending to others, if that is what you thought.
In fact now it's maybe better time for newbies to join the Bitcoin because price is not fluctuating that much and not so much funds is needed for buying Bitcoin. You can and should explan all the theory but the best education is on practical example so everyone should try on its own.

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January 08, 2019, 07:02:07 AM
 #27

Yes, I think Bitcoin must be announced to other people at any time if they want to know about Bitcoin, because I am always open to people who want to ask about Bitcoin to me, because Bitcoin belongs to the general public, so anyone has the right to know Bitcoin.
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January 08, 2019, 07:17:59 AM
 #28

They will regret it when you buy up while the price is low, and see the value rise throughout the year. If they don't want to invest, let them keep their money in the bank with low interest rates

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January 08, 2019, 12:27:14 PM
 #29

I think every time is the right time to explain about bitcoin to others. You should explain about this bear market why this happening. You can tell them that they also need to make own research about bitcoin and the crypto market. I believe after researching on bitcoin and the crypto market, they may not think that it is a scam.
Explaining to other people what bitcoin is is quite difficult. Sometimes it may look like a dispute with a wall. People are so accustomed to illusory stability that any extra opportunity to lose money for them is equivalent to the loss of life. Therefore, such personalities are best avoided  Smiley

For them, this is anything, but not a promising financial instrument. It has long been left his attempts to explain aside.
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January 08, 2019, 12:30:11 PM
 #30

If you can explain to them the difference between scams and Bitcoin they won't say it's a scam. People think it's a scam because sometimes the news media can be misleading. There's no right or wrong here the price could still go down and not all people will invest right away after you explain how it works. I've told Bitcoin to several of my friends only one of them was interested he barely bought any Bitcoin and most of what he had came from mining.
News media are misleading people. They speak for the government and I don't think any government will like the control go away from them. If you become you own bank then why would you go to the banks created by others. If you don't go for traditional banking then how would the government will know how much you have? How will they threat you to freeze your account if you don't listen them?

So ya, I don't get wonder when media mislead people.

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January 08, 2019, 01:22:50 PM
 #31

i dont think so, if they dont want to hear about bitcoin or they dont curious about bitcoin, i think we shouldn't talk about bitcoin because the price and the hype of bitcoin right now is decreasing

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January 08, 2019, 02:01:40 PM
 #32

Anytime you can introduced bitcoin to others there's no time to it eventhough the market is down you can teach what blockchain can do in the future and specially how to have bitcoin or how to earn to it.
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January 08, 2019, 02:02:53 PM
 #33

There is nothing wrong if we spread information about bitcoin to everyone to start investing, but what you have to do is really convey in detail about the potential and risks that must be faced.
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January 08, 2019, 03:07:19 PM
 #34

I think anytime is a good time to explain Bitcoin to people, as long as you explain in details about the risks involved. Personally, I think it is better to introduce Bitcoin during bear market, your friends could get in the market at lower price than during ATH.
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January 08, 2019, 03:13:54 PM
 #35

When you want to provide an understanding of someone about something, make sure you understand the ins and outs of something. The view of each person is different you cannot compare with yourself, we want you to explain about bitcoin but you do not understand bitcoin as a whole, for example, you only convey bitcoin as an investment place, it is only natural that they will not be interested in bitcoin. You have to explain in detail about bitcoin, make sure what you say is interesting, not boring as you see the market now.
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January 08, 2019, 03:18:21 PM
 #36

Explaining Bitcoin to someone doesn't have to wait for the Bitcoin price to go down or when the price of Bitcoin rises. Whenever we can explain Bitcoin to others, the most important thing is before we want to explain Bitcoin to someone, we must first understand exactly what Bitcoin is, so that later if that person asks us, we can answer it.
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January 08, 2019, 04:34:07 PM
 #37

To buy it is still an opportunity, and to explain bitcoin to other people who don't know crypto then you explain it in stages and you need a lot of time for that.

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January 08, 2019, 04:59:07 PM
 #38

I believe that this is the right time to explain about bitcoin investment to anybody who wishes. Please don't go out there spreading the news out just like that. It should be to somebody who is interested in bitcoin investment or might have heard about bitcoin investment and wants to learn more information. Again do well to explain further about the volatilities of bitcoin so that in case there is any dump it does not sound new to them.

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January 08, 2019, 05:15:00 PM
 #39

No matter what the price of bitcoin is now. It is important to tell the very essence of technology. And then, the person himself will decide whether he is interested in it or not.
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January 08, 2019, 05:29:17 PM
 #40

there is no right time to expalin bitcoin and blockchain to anyone. it is a technology that has come to stay even though currently the price of bitcoin is unstable and it seems everything is fallen apart but then bitcoin has so much prospect and telling people about it is the right thing to do
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