Bitcoin - Friends & Family adoption - Share your experience.

[Kakmakr]

So, all of us had at one stage, introduced some family member or friend or work colleague to Bitcoin and at some time they decided to buy some bitcoins. Many of these people trusted us as the "expert" in the field of Bitcoin, but we do not have control over the future of Bitcoin and the final outcome of this decision.  

Can you share your experience with the forum and how this turned out for the majority of them. Did they buy bitcoins as an investment or did they buy bitcoins to use it as a currency.

If they bought bitcoins as an investment, did they make a profit or did they lose money? Was a possible loss as a result of their own doing or did they ignore your advice?

If they bought bitcoins to use it as a currency, did they have a positive experience or were they disappointed? If they were disappointed, give us some reasons and more detail about that. If the experience was positive, also share with us why they liked it.    

We can learn from other people's mistakes and also their success, so please share your experience with us.  

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[yazher]

As for me, when they see me counting some money that I got from bounties
I used to tell them that I got it from some kind of online job.
Of course, they are curious about how did I get it. I told them that it is complicated to explain
I personally look for a simple explanation but still, they don't get it and today
when they saw me counting that money again, they will say: his doing his thing again.

[RapTarX]

I never tried to share with any of my family member about bitcoin. In fact, they would never get interested into this. I have shared about bitcoin among couple of my friends. Had a long discussion with only one friend, who had a little idea from long ago. He was more interested, later he invested which turns into loss. He is not disappointed though.
I have been introduced with bitcoin as the purpose of receiving service fee by one of my clients. But now, I have as well turned it as an investment opportunity. Most people take it as this purpose. Otherwise, the monetary value would never be higher like as it is now or it was back in 2017.

[Kakmakr]

I think timing has got a lot to do with the final outcome, because I introduced Bitcoin to a lot of people prior to the big spike in the price in 2017 and the people who invested before that spike, were the ones who benefited the most. The other people then looked at the success of those people and they invested late and these people are the ones that might be disappointed. < They might have bought bitcoins at a very high price, thinking that the price would go even higher and then the price plummeted with almost 80% >

Some of my friends just wanted an alternative payment option, because they were scared to use their credit card online or they got burnt by PayPal. These people love Bitcoin but they only complain about the lack of services and merchants that accepts Bitcoin as a payment option.  

[mendra_2009]

My family know about Bitcoin because my income is from Bitcoin and they have nothing problem with it, but some of my neighbor thinking Bitcoin is like Gambling because sometimes they saw me can get money fast from Bitcoin and can buy anything what I want. Whatever they said I don't care, at least I can make my family happy... 
I never use Bitcoin as a payment because in my country Bitcoin is illegal as a payment option, so I need to sell my Bitcoin first and then convert it into my local currency...

[pieppiep]

Once I share with my friends about bitcoin, they don't interest. But then, when they saw me withdraw some money in the ATM, they asked me where I get that money. So I explain to them that I work as a trader, and do some little work. At first, they thought that trading was difficult, but I convinced them not to feel difficult, and if they can learn as I did, I am sure they can do too.

So they start to learn to trade, some of them are trying with the bounty campaign. And well, they all are making money from cryptocurrency in 2017 and yes, they are so happy to see the cash. But then suddenly, the cryptocurrency has fallen until now, and they knew about that.

We always share what we did and discuss in the cafe for the market moving so we can get more info about what is going on with the market. And now, we are doing what we like and some of us still making money from trading which they don't like it at first.

There is lot more story between my friends and me, and not all of them can accept cryptocurrency as well, but I don't mind because we have different goals that we want to reach in the future.am

[mk4]

I really don't tend to talk about bitcoin with pretty much everyone unless they're really interested. My friend's opinions are mixed. Some are bullish, some simply doesn't give a crap about bitcoin or investing in general; which is to be expected. Opinions will always vary for something so bizarre as bitcoin. 75% of my friends doesn't even know what to do with the internet besides social media and the casual Googling of information.

As with family though(the boomers, the older folks), they simply couldn't grasp the idea of something intangible(even though a huge majority of fiat is digital), and isn't backed by anything(even if fiat isn't backed by anything either). They think it's just some online investment scheme. I tried explaining it a bit, but they simply couldn't grasp it. As for the slightly younger family folks(30s), they get why bitcoin is important, as some actually worked in banking and they're aware of the corruption that's going on in there, but they simply aren't willing to speculate simply due to the risk; which is completely understandable in my opinion. Wish they still DCA-ed small amounts though. I definitely wouldn't want them to miss out once bitcoin goes skyrocketing.

[bitmover]

In my opinion, telling people to buy bitcoin is a terrible idea, as any other investment advice.

If they lose money, they will blame you. And they probably will. Anyone who seeks for investment advice is going to lose money, because nobody that know what they are doing would ask for an investment advice.

What I do is to tell about BTC, and say that I invest in it. I tell about it, but most of the people have the completely wrong idea about it. I try to give them a more precise idea about what Bitcoin is, why it is important and why so many people buy it ( and no, it is not to make quick money).

I try to tell about decentralization," digital gold", buy anything with pseudo anonymously, freedom, etc.

[mk4]

In my opinion, telling people to buy bitcoin is a terrible idea, as any other investment advice.

Precisely. Regardless if we think that bitcoin is a damn good long-term investment, telling people to buy in is just a bad idea, especially if the person isn't really used to long-term investing or investing in general. People that have no idea with investing tends to panic a lot more prematurely. *bitcoin drops 20% overnight* "Wtf you told me to buy btc and now I've lost 20% of my money". If you explained bitcoin well and if you got the person curious enough for him/her to do research, let him/her decide for himself/herself if he/she wants to invest in bitcoin.

[tranthidung]

Don't tell anyone about bitcoin or crypto currencies if in your local area, your nation, those terms are extremely strange. There are very limited exceptions, such as your wife, husband, and your very closed-friends.

There are some reasons why I believe this approach is good:

• If they are not an investor, and don't have interests in investments (like stocks), there is no reasons to tell them about such highly volatile assest, like bitcoin, and crypto currencies
• If they don't have interests in investments, they don't pay attention on what you tell them. It is just good way to waste your precious time. There are so many things you have to learn to be updated, and adapt with extremely fast changes in crypto, and you should spend your time for those things as your very first priorities.
• If they need advice, they will go first and ask you. You don't have to go first
• It will result in unexpected annoying things: like ask for investment advice.
• When they have need, you help, your words will become more valuable
• Newbies don't care about advice that help them to prevent losses, and stay away from scam projects. In contrast, they are more interested in highly profitable investment. In my opinion, avoiding losses are the first priority, rather than earning profits.

[Ucy]

I think those who introduced people at the apex of the bull run mostly likely regretted it. I introduced few people during the good time. I believe their lives were changed in positive way. I almost introduced few relations but forgot to do so.  Well, I became alittle cautious as I gained some experience in Crypto space.

My final take on this, it's better to teach people thoroughly before introducing them to Bitcoin or any kind of investment. Most investments are risky but with enough knowledge, the risk will be better handled.

[Lapatai]

I tried to explain Bitcoin and cryptocurrency to my father and mother as hard and understandable as I could. Nothing helped. Even showed simple videos on youtube, still no effect.
They are old style people. They believe in gold and cash. It is hard for them to understand that some digital currency (which isn't backed by anything, just the believe of people) can have some worth.
I guess my parents will never trust BTC.

My younger brother is thinking about cryptocurrency as a quick way of getting rich, but as we all know, we were late for that train and nowadays it is hard to choose one currency who can rise to extreme value.

[romero121]

I shared about bitcoin and other cryptocurrencies to my family, and to my friends and few people who are around my locality and has got good interest over technology and much into internet and computer usage. Initially my family wasn't that positive about bitcoin, but they saw the growth it experienced over the years from an value around $300 to a peak value close to $20k.

My friends were not that responsive, very few took forward the words from me and researched more about it while majority ignored though they are part of the information technology industry.

Right now one person whom I introduced about bitcoin and other cryptocurrencies is much active and he's progressing good in trading.

[Lucius]

I can only introduce people to the pros and cons which BTC have, and that's something I do when I have the opportunity. People need to be led into research, and if they show interest, they should be helped in the initial steps.

It is completely wrong to persuade someone to buy BTC, some people perceive it rather negatively, like you personally want to sell them something. From my personal experience, most people still think that BTC is just some ponzi / MLM which will collapse with time, when the flow of money stops. Therefore, it is very important to explain the technical side of BTC to them as simply as possible.

Perhaps the most important thing to emphasize is that behind the whole project is not one person or organization, it is one man idea for whole world, first decentralized cryptocurrency.

There will be some people who will want to be part of this idea, but also others who will be uninterested. The other's opinion and attitude should be respected, time will tell who was right and who was wrong.

[oleg681010]

My wife still does not adopt my passion for cryptocurrency

[mk4]

My wife still does not adopt my passion for cryptocurrency

You really don't expect your wife to be interested in bitcoin/crypto just because you are passionate about it. Just like how your wife might be greatly passionate in some things like women's fashion, books, yoga, or whatever, and you aren't interested in them in the slightest, because you're two different people with different tastes and interests.

[NeuroticFish]

I've tried to introduce Bitcoin here and there..

One friend of mine loves to hear stories, but still didn't invest in it.
Another friend invested some small amounts, but it was in January or February 2018. And then sold at a loss.
A third friend was very convinced to buy (and I really thought he will) in the last few months of 2017, but he didn't. He may have been also ending at a loss.

My wife was looking at Bitcoin like "monopoly money" until the days I've spent some to buy things for Bitcoin or to top up VISA card. Now she's impressed.

[UstadSoleh]

For me, Bitcoin was very positive, especially when I entered in the year 2017. Many people are suddenly rich and Bitcoin is getting popular.

It is what I want to inform my brother and friends. I explained about the work of Bitcoin and I prove that it can make a profit. Those who are interested, but also some are not interested.

Until now in my area, many people do crypto trading. There are some people who try to use Bitcoin buying stuff. With the increasingly popular Bitcoin, there are some stores that try to accept Bitcoin.

[gantez]

The experience is negative for now. Many people are standing afar and watching how it is going. They don't want to invest or get into anything that is cryptocurrency. Maybe they are expecting to see some good life from it before they join 

[hatshepsut93]

In 2017, when Bitcoin was at $6,000, my relatives asked me if they should invest in Bitcoin, since it was going up like crazy and they wanted to get some quick profits. I talked them out of it, because it could crash at any moment and the loss would be pretty significant for them, as they wanted to invest part of their savings and not just some spare money. I think I made the right decision, because the opportunity for profit was really narrow at that point, and after that they would be at a loss for more than a year. They followed my advice and never said that they regret it.

[rmilly]

I feel like my parents are still generally confused no matter how many times I have tried to talk to them. Does anyone else agree?

[jaocoincrypto18]

I usually shared the Bitcoin investments way back year 2017 in which Bitcoin is in bullish then many of my friends and relatives really joined the crypto investments but now that the market is still in bearish most of them quit and shifted to none crypto investments so for now i did not invite my other friends as i believe that the current market performance will be an unattractive to them.

[ethereumhunter]

It is not easy to introduce bitcoin to other people because not all people can have an open mind for something new that they don't know. I already tell some of my friends and my family, but they don't want to know more about bitcoin, and I don't explain deeper about bitcoin. I let them know bitcoin by themselves because you know what, explaining to other people will be a waste of time if they don't have any interest in the new technology around them. So now, I keep myself busy with what I like, and if they come to me and want more explanation about bitcoin, then I will explain to them.

[Kakmakr]

I see a lot of people commented that they do not prefer to introduce Bitcoin to friends and family and there are nothing wrong about that, but what if this goes to the Moon and you never gave them the opportunity to decide if they wanted to invest in it or not.

One of my friends got into a discussion with me over Bitcoin once and he was totally against Bitcoin, because he read a lot of negative things about it on the Internet. I debunked most of the negative things that he read about, by simply showing him the facts and the other side of the story. He then invested some money and made a 755% profit in one year, which paid for his outstanding balance on his Bond and also for the the cash payment for a new car.

Let them decide, do not force it onto friends and family, just give them the correct information. 

[Diirtmaan]

My family is such conservative people who think Bitcoin is a financial trap. They do not trust this, remaining adherents of banks. I really try to convince them, showing on real occasions that this is better. Fortunately, my brother began to believe me and is now trying to figure out trading, I think this is a huge achievement!

[Lucius]

I feel like my parents are still generally confused no matter how many times I have tried to talk to them. Does anyone else agree?

If your parents are old people they probably have a hard time understanding something like Bitcoin, this is not uncommon, older people usually find it very difficult to adopt new technologies. Just imagine that you are used to paying cash all your life, then some plastic cards come, and you have to get used to them. Now we have Bitcoin which is something else entirely, older people will mostly stick with traditional banking than to experiment with something new.

However, some things should not be too difficult to understand if they are explained in some simple way. From where Bitcoin is coming, how to send / receive transaction, what is coin address and what is private key / seed.

[eternalgloom]

I've introduced dozens of friends to Bitcoin, most of them do not use it daily, but they do have some Bitcoin stored away for the future.
However there are a couple who are now well into Bitcoin and use it pretty much daily.

They're using it for online shopping or ordering food (which is very easy here using Takeway.com).
I have no idea how those people made the switch from using fiat to Bitcoin so easily, I've never really explained it a lot to them, just mentioned it in conversation basically.

My family is a different story, I've mentioned it countless times to them, but they never really got into it.

[fullhdpixel]

I have evangelized really for bitcoin in the little time I think and I would say that most of the people I have invited into it has really benefited a lot from the adoption, both as currency and as an asset, the time invited them was actually a great tome, and that was shortly before value started skyrocketing that 2017, and it was just like a magic for them.

Some of them pulled out before the price could reach the peak as they have never seen such increase before, though at one point, I made some mistakes, I got carried away and invite someone I had been skeptical about inviting at the late end of the surge, and that was my mother in-law, she picked interest and I bought bitcoin for her when the value was almost $20k, and we are stuck with her investment now.

[leftgirly]

I quite remember, I introduced bitcoin to a  friend who had absolutely no idea about what bitcoin is. After explaining a brief overview on bitcoin, he was finally convinced  to buy some bitcoin and keep. For him, he was too anxious to see a a huge profit on his holding within a short period of time. Unfortunately for him, he ended up disappointed at the end of the day as the price of bitcoin kept dropping after buying his bitcoin.

[target]

My brother did buy BTC as investment, he already have gained since the price was 6K when I ask him to buy. I also told him to buy Tezos, he keeps telling me he is going to sell Tezos but told him to just hold it since he isn't a traders after all and stick to his day job while just holding his BTC.  He likes what he is seeing now and look at me like a hero. I wonder how he'd look at me if the prices will be into -80%.

[Upgrade00]

I have introduced lots of friends and families to Bitcoin and cryptocurrency in general.
I usually get the most interest during the bull market when those looking for a quick bucks try to get in.
But most of my family member have gotten ingrained with the concept and have almost perfected the art of trading and also the usefulness of cryptocurrency.

Adoption is still low in my region

[Slow death]

I've had a lot of headaches in recent months and the reason for my headache was as follows:

someone came to my house and I think they must have seen the binance site open, so that person thought that I do forex and that person spread to many people in my neighborhood that I do forex, every time I go out they ask me to teach them how to do forex and I always answer, "I don't trade forex..." and until I got tired and told one of these people that I bought bitcoin and sold when the price increased a lot. I thought I was doing something good, but I was naive. What this person I told him who bought bitcoin did was think that he would get very rich fast and would travel to every country.

talking about investment and business often induces others that everything will be easy, that they will make a lot of money fast

[Mahanton]

I've had a lot of headaches in recent months and the reason for my headache was as follows:

someone came to my house and I think they must have seen the binance site open, so that person thought that I do forex and that person spread to many people in my neighborhood that I do forex, every time I go out they ask me to teach them how to do forex and I always answer, "I don't trade forex..." and until I got tired and told one of these people that I bought bitcoin and sold when the price increased a lot. I thought I was doing something good, but I was naive. What this person I told him who bought bitcoin did was think that he would get very rich fast and would travel to every country.

talking about investment and business often induces others that everything will be easy, that they will make a lot of money fast

Same situation we do have here mate but on my case there was no able to see on what im trading but the news came out to my neighbors that ive been trading forex which isnt definitely true.I dont know where's the source but i highly suspect that one of my family members might told some neighbors about my trading activity.
They do get that impression on becoming rich since they do able to see that i had a car and some business which they do believe that they might able to attain such similar status of mine if they decided to trade and time comes they do really come to my house with confidence and asking my about this forex trading secret.

[eaLiTy]

So, all of us had at one stage, introduced some family member or friend or work colleague to Bitcoin and at some time they decided to buy some bitcoins. Many of these people trusted us as the "expert" in the field of Bitcoin, but we do not have control over the future of Bitcoin and the final outcome of this decision.  

I have introduced many people to bitcoin in the past and conducted many seminars about scammers in the market who prey their customers in the name of bitcoin and lure them to invest in their shit coins, many fell victims for those scams when i met and they already had a bad impression on the bitcoin market and to make the middle class understand is a hard task, i stopped advising people about investment when the market went down drastically and some have invested when the market was rallying without my knowledge and ended up in a loss and they started sharing their losses and misadventure which hurted me. My family members are long term holders and they are experienced enough in the stock market and they understand the market very well.

[drumamat]

That summer, I met a friend who has been living in another country for a long time. We drank a glass of beer and I told him about bitcoin. Literally a week later, when he flew home, he bought himself 1 bitcoin as an investment.The price of 1 bitcoin at that time was about $4000.I was surprised when he called me and thanked me for what I recommended.Yes, he sold bitcoin for$ 11,000 after 1 year.

[vintages]

Most of my family knows about cryptocurrency particularly Bitcoin.
But one thing they seems not to understand is why the prices keeps fluctuating.
To them, they expect the price of Bitcoin to always increase in a constant flow, even when I have explained the reasons behind it to them. They always ask me about the recent price of Bitcoin sometimes and won't hesitate to tell jest me when the price dumps. They are very understanding though.

[Kakmakr]

That summer, I met a friend who has been living in another country for a long time. We drank a glass of beer and I told him about bitcoin. Literally a week later, when he flew home, he bought himself 1 bitcoin as an investment.The price of 1 bitcoin at that time was about $4000.I was surprised when he called me and thanked me for what I recommended.Yes, he sold bitcoin for$ 11,000 after 1 year.

Glad to see that it is not just doom and gloom out there. Only a small percentage of my family and friends made a profit from Bitcoin so far, because many of them only jumped in when the price was already too high. <They went against everything I told them and bought bitcoins when it was at it's peak.>

A lot of them could not hold out any longer, so they sold the bitcoins at a loss and luckily they did not blame me for that, because they took the responsibility for their own actions.

We can only take a horse to the water, but we cannot force it to drink. 

[peter0425]

I voted for 2 because those are the legit and applicable to answer

—The first is “They Losses “because I believe this is a normal for every investors specially when we are starting in this volatile market

—Second is “Positive for them” because even if they experienced losses at first but yet they continue to invest and not gaining from it and feeling the future of domination from cryptocurrency


One thing is I believe no one here will answer negative because if does those person should not be here till now

[Japinat]

I voted for "They lost money."..

I have been telling them about BTC before 2017 because I saw and I believe on the potential, but they didn't believe me, they only believe when BTC was already pumping during 2017 which was the time where the bull run happens, they bought at that time, finally they listen, but the sad thing is that they loss their money because they invested at the wrong timing.

Its suppose to be buy the dip, sell in the peak, they did the opposite, and they sold because they panic, good thing they didn't blame me at all.

[milani]

I think that it is typical situation when there are friends or relatives that bought something or are just interested in crypto and some that are just on the contrary do not accept even the thought to invest in it, because they consider crypto and Bitcoin itself to be the pyramid or fake thing and so on. So among my friends and even collegues are people that even got good profit from BTC or some other coins, some people lost a lot, and there are some people that still recommend me even not to try buy crypto, that is why they still do not know about my crypto interest))))

[De4ted]

Nothing, I always talk about bitcoin and or cryptocurrency to them but they dont have the interest to try, some of them think it was just a bubble and some of them just dont care.

Well at least I did my best to imform them they already regret it when I told them to buy some this year when the price is 3k and now its 10k and they are afraid to buy now on this price.

[Pffrt]

Almost all of my family members know what is cryptocurrency although they don't use it. I had mined some altcoins back in the day, at the beginning, my family members used to ask me what I'm doing. I had to explain them what's cryptocurrency etc. I didn't share with my friend much because cryptocurrency is illegal here. Some of my friends know though, whom I believe. With my presence, one of my friend started mining and had significant profit through holding till last year.

[Kakmakr]

Almost all of my family members know what is cryptocurrency although they don't use it. I had mined some altcoins back in the day, at the beginning, my family members used to ask me what I'm doing. I had to explain them what's cryptocurrency etc. I didn't share with my friend much because cryptocurrency is illegal here. Some of my friends know though, whom I believe. With my presence, one of my friend started mining and had significant profit through holding till last year.

Yip, this is a good reason not to share.  I do not want people and specially family and friends getting into trouble, because we introduced them to Bitcoin in countries where it is illegal to use it.    The other side of this is a bit more complex, because some people are using Bitcoin in their country to protect the value of their wealth.

They might live in a country with hyperinflation and the value of their currency might be dropping like crazy.. So the logical thing to do would be to park that wealth in a commodity or currency with a store of value. <Most of the countries with weak reserve currencies, will ban other currencies>   

[cryptoperkele]

I have tried to get people in on 2016 but no-one was interested. Then couple of my friends joined on their own and invested to bitcoin and shitcoins in 2017-2018 on the top. Now they are all broke. Some of them believe that we will rise again, but for some reason they are not interested investing in now though  

[jake zyrus]

Me and my friends are into crypto. I mean our peer, and we all agree that it has a positive impact on us. Although there are circumstances that we also experienced losing but it's all part of it. So we just accept it though it's disappointing but we still continue. My family also know about this and I even ask my sister to help me at some work.

[fiulpro]

My family thinks cryptocurrencies are some magic where the money comes God knows from where and suddenly goes up and down .

Unfortunately my father and mother haven't tried it themselves thus it doesn't matter what they say .

- my brother on the other hand invested but at a wrong time and he is not a long term holder thus it was indirectly his fault not Cryptocurrency's

Most of my friends ask me about bitcoins and always their opinion is positive , but then again everyone have a personal basis .

What matters is what we think about it .
Low knowledge creates problems and problems makes us think that this thing that they are investing in is a scam or weird , you need a certain amount of time and experience to actually say something about it is what I think.

[imstillthebest]

i dont formally introduce bitcoin/cryptos on my family or friends because im too shy and in my mind what if they are going to laugh at me and call it as a scam ? i have the same experience before where i introduce some system that can make you earn some cash online but no one believes me and their first impression was calling it a scam  .  however in the case of btc it turns out that im wrong because this time people around me are impressed when i say that im earning a few bucks thru it  . now they also want to learn  

[antisocial77]

my mom know im into bitcoin and she like it more than me lol.she is monitoring btc, inform me bitcoin's moves.dad is oldschool so i didnt want to tell him.i appreciate my mom.love you

[Leonardo7]

I introduce some persons to bitcoin in 2017, a lot of them made a good profit from the price spike of 2017 market boom. Sadly I loss my pastor's money by converting his bitcoin to ICO and some useless altcoins when I saw bitcoin dumping. It was a bad one. I hope to pay him with my personal money when I have the money to. Currently, I teach people bitcoin but will first tell them about the risk and never help anyone to manage their funds. They will have to bear the responsibility of watching over their bitcoin.

[pixie85]

I had better and worse experiences with introducing my friends to Bitcoin. Some did great and in time became hodlers and some tried trading and failed. None of them had any real issues with me they all treated their gains and losses as their own achievements or mistakes.

I felt bad for some of them because I wanted them all to succeed but if someone goes all in when I tell them not to and then panic sell without even asking me for opinion it's their problem.

[derdemo]

For me it was positive. My wife is working in this market also.

[alberdina]

So, all of us had at one stage, introduced some family member or friend or work colleague to Bitcoin and at some time they decided to buy some bitcoins. Many of these people trusted us as the "expert" in the field of Bitcoin, but we do not have control over the future of Bitcoin and the final outcome of this decision.  

Can you share your experience with the forum and how this turned out for the majority of them. Did they buy bitcoins as an investment or did they buy bitcoins to use it as a currency.

If they bought bitcoins as an investment, did they make a profit or did they lose money? Was a possible loss as a result of their own doing or did they ignore your advice?

If they bought bitcoins to use it as a currency, did they have a positive experience or were they disappointed? If they were disappointed, give us some reasons and more detail about that. If the experience was positive, also share with us why they liked it.    

We can learn from other people's mistakes and also their success, so please share your experience with us.  

Many people I provide information about Bitcoin! They give a negative response. Many do not believe in the results of the crypto world and they assume that it is like gambling. Moreover in my country crypto has not been legalized and it is increasingly difficult to accept in my arch including family and friends.

But with the time that continues to run, slowly they begin to understand because of a lot of advertising on social media about crypto.
But they still do not dare to try to learn more.

[maydna]

I introduced bitcoin in my family and some of my friends a few years ago. But they don't want to follow me because they think that is not real for them. I give some advice to them does not work, and they ignore it. In that time, I only say okay, no problem if you don't want to follow me, let me work alone for some time, and we will see the result later. Then I continue to get involved in bitcoin.

And then in 2017-2018, when bitcoin reaches the very highest price, I made a lot of money because I sell my bitcoin in the right time plus I made some big profit in bitcoin by selling most of my altcoin which increases too. Later, I send my profit into my bank account, and I show it to my family, they only say, "Where do you get that money? Did you make some illegal thing?

I explain everything to them, that is because I made a profit from bitcoin. I don't force them to follow me, but I let them decide what they want to do, and they will know about the truth in the end.

[jhonjhon]

In my opinion, telling people to buy bitcoin is a terrible idea, as any other investment advice.

If they lose money, they will blame you. And they probably will. Anyone who seeks for investment advice is going to lose money, because nobody that know what they are doing would ask for an investment advice.

What I do is to tell about BTC, and say that I invest in it. I tell about it, but most of the people have the completely wrong idea about it. I try to give them a more precise idea about what Bitcoin is, why it is important and why so many people buy it ( and no, it is not to make quick money).

I try to tell about decentralization," digital gold", buy anything with pseudo anonymously, freedom, etc.

It is not at all a bad idea for as long as you educate them properly. Bitcoin is not as simple as what other people may think so as bitcoin enthusiast it is your task to properly educate possible investors what is bitcoin, it's benefits, it's advantages and disadvantages and how it really works. I think if you have presented all these things to them then they will not blame since you have provided them valuable information of what bitcoin really is. For me, it is how you educate your family and friends about bitcoin because if you provided them all the information for them to think about if they will invest or not then no problem but if you are the person who will just inform possible investors that you can get big money in bitcoin right away then that's were the problem begins. Sure it is true we can get big profits but not all the time because the price is very unpredictable it's not always green.
On the other hand, I don't share it to my family members but some of my friends know it but they are not that interested in bitcoin as a whole because they see it as a scam. Thus, I don't really bother educating them.

[GreatArkansas]

Maybe for me it is positive. Because my family didn't really understand what Bitcoin is, lol. Maybe neutral?

But I have this one member of family before that using Bitcoin in some HYIP before so he even borrowed money to our relatives just to put in that HYIP and boom, rekt! He got scammed and maybe in that incident, some of my family members thinking that Bitcoin is negative.

[rezakurnia66]

By looking at the results I show to friends and family.
Slowly they were also confused and even they started to ask me.
I also explained to them that these results from working online.
From this online job is actually a lot of potentials that we can arrange to make money.
I then explained that there is a large industry using Blockchain technology.
At first, they were hard to accept my explanation because it was complicated.
They are now starting to be able to produce from crypto coin trading.

[yazher]

For me it was positive. My wife is working in this market also.

Great! at least you have someone to turn to when things went wrong.
as for me, I'm all alone in my family who knows how this industry runs
I don't wanna give them a complicated explanation as they are going good with their businesses.
Cryptocurrencies are not for them.

[Kakmakr]

Maybe for me it is positive. Because my family didn't really understand what Bitcoin is, lol. Maybe neutral?

But I have this one member of family before that using Bitcoin in some HYIP before so he even borrowed money to our relatives just to put in that HYIP and boom, rekt! He got scammed and maybe in that incident, some of my family members thinking that Bitcoin is negative.

This is one of the reasons why we have to explain the real Bitcoin <BTC> to people, before they go out there to do things on their own and use a phishing site or some dumb Ponzi scheme. I know it is sometimes very difficult to change people's mind on things like this, but you have to try to protect them.

A year ago a friend of mine got into a Ponzi scheme and he bragged that he was making more money from Bitcoin than I am. I highlighted the difference between Bitcoin <BTC> and a Ponzi scheme using Bitcoin as a payment option, but he did not want to believe me. He kept on putting in more money into this and after 7 months it collapse. <He now blames Bitcoin and not the Ponzi scheme>