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Author Topic: Time to call the people into crypto  (Read 4835 times)
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September 16, 2020, 02:33:27 PM
 #181

I don't think you need to tell everybody about cryptocurrency especially the Defi technologies. You will just put these projects in a bad light once many enters the FOMO phase and you will simply see the coins start going down and everything will go south once the cryptocurrencies go down. I suggest to make people aware but not become blind investors of cryptocurrency, something they do not know anything about and without the proper research and knowledge. Just don't force them to invest.



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September 16, 2020, 02:38:15 PM
 #182

We predict that there are about 100 million people that have any experience with cryptocurrencies, but they are not active, most of them bought in 2017 and lost a lot of money. We have to show them again, that cryptocurrencies are not only about the price but about the financial revolution. They need to understand the use case and then they stop thinking about cryptocurrencies as a bubble.
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September 16, 2020, 02:43:44 PM
 #183

The world is into technological advancement with high and intelligent development of digital platforms purposely to help and make human life into a convenient world.

Today, DeFi catch the mind, heart, or possible even the pocket of interested persons to grab the opportunities to invest. DeFi or known as Decentralized Finance will change the world perspective with regards to Financial matters which every household own some money and do transactions.

Do you think now is the right time to call the people into crypto world?

I don't like to advise someone who doesn't ask me about trade. It is not a good way or good idea if i advise in advance without request. They can think that i have interest in it. Besides, a Hype trend named DeFi is running. Almost all DeFi projects are on the pump and people are hanker after it. Of the coins, i only like 2 or 3 coins for their actual purpose and most of them are Hype and will blast in future when most of the investors will face huge losses.
People with a general knowledge of technology can be advised about cryptocurrency; There are a lot of unemployed people out there who can't find work, they don't know anything about cryptocurrency, I believe that if you explain, advise, help them about cryptocurrency, they will benefit personally as well as the crypto world.

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September 16, 2020, 03:35:15 PM
 #184

We predict that there are about 100 million people that have any experience with cryptocurrencies, but they are not active, most of them bought in 2017 and lost a lot of money. We have to show them again, that cryptocurrencies are not only about the price but about the financial revolution. They need to understand the use case and then they stop thinking about cryptocurrencies as a bubble.
i do agree , they must educate to understand the cryptocurrency market advantages. i know most of them suffered loss cause their knowledge about market, if they have skill and knowledge it could be great for crypto market. no more  money out from market that make market crash.
most people are only interested in large profits in a short period. new people are attracted to it all. but many are disappointed when they just follow the person who asked and then get a loss. those who are new to learn how the crypto market works until they can make money. do not just invest.
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September 16, 2020, 05:26:49 PM
 #185

I won't preach  anyone to this technology because they can cast me blames if anything goes wrong. I Have heard of stories about a friend who introduced his college friends to make investment and later lost it to scammers, the friends Sue him for damages. I will allow friends and college get to understand the technology to get involve. Basically we have a good technology that needs little advertisement, Bitcoin will advertise itself to the masses.
It is too much of a risk to try to get people to invest in bitcoin on your advice, let them discover bitcoin on their own otherwise something like that could happen, even if the friend is obviously not guilty people are going to blame whoever they can for their losses and since scammers have done everything to hide from view then it is obvious the guilt is going to be placed at the friend that recommended investing in this new market, so do not risk it even if you think this market is the best in the world because the consequences are simply not worth it.



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September 16, 2020, 06:36:49 PM
 #186

If yes, how do you explain to them about crypto ?
Because, crypto not like ATM or Bank. We have to realy-realy deep understanding about that.
We dont have to force people to understand crypto right away.  As we all know some people don't understand how crypto works.  Let them know the basics first when you discuss about crypto. Though, a newbie can encounter difficulty to understand this kind of technology. That's true before they can start in this industry they should understand bitcoin first to avoid regrets and losing money when they plan to invest as we can observe a lot of hype in this crypto industry.

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September 16, 2020, 10:25:59 PM
 #187

Many people recognize crypto, we are on computer age right now they all dealing in the internet they now how to browse, and read kind of advertisement. No need to call them in this world, they are seen what is the good importance gives us about one community here in crypto world
well it can be like that but sometimes many people are reluctant to learn cryptocurrency, they still need people who are familiar with cryptocurrency to provide good and correct direction, the problem here is that there are certain groups of people who take advantage of new people to buy the wrong coins , although not everything is like that, hopefully someone will provide the information correctly.
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September 16, 2020, 11:29:36 PM
 #188

You are absolutely right because sometimes there are still many people who force someone to enter crypto for their own benefit without explaining further. When the new person experiences a big loss, of course it is not good.
If someone forces himself to get involved in crypto, then when he experiences a loss, it is clear that it is not our fault as people who already know about it, unless we force him to enter crypto, then it is clearly wrong if we do not teach him well.
We can only invite and this is the perfect time to invite but we can force anyone to invest. People will think that there could be our profit so we're inviting them. Actually we can invite only our relatives, right? Others we can only give advice. Very effective what I did, I just told about Bitcoin, Ethereum and Binance price and past price that's it.

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September 17, 2020, 03:48:41 AM
Last edit: September 17, 2020, 02:40:30 PM by agis50
 #189

Crypto has a high risk, we can't invite people to understand crypto even they really want it. Just because DeFi is hype now, we can't let them enter the crypto abyss. Let them learn how crypto works by themselves, if they get a scam project/trading losing you don't need to worry about it.

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September 17, 2020, 05:55:40 AM
 #190

Crypto has a high risk, we can't invite people to understand crypto even they really want it. Just because DeFi is hype now, we can't let them enter the crypto abyss. Let them learn how crypto works by themselves, if they get a scam project/trading losing you need to worry about it.
That's right, because inviting other people into crypto is a very sacred thing if there is a sudden loss, especially if the person we invite doesn't understand crypto at all, so those of us who invite him must really want to teach him well, and this of course requires a lot of time.

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September 17, 2020, 09:57:40 AM
 #191

Well if people saw the posible profit that they can posibly earn in crypto maybe there is no need to call them in crypto. Because i believe that people really need profit and we can earn profit in crypto if we work hard or understand how it works. Maybe the only thing that we can do is share and be more patience pandemic will soon end and crypto will maybe rise up high, so i think the very best time to start is now.
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September 17, 2020, 10:02:13 AM
 #192

Well if people saw the posible profit that they can posibly earn in crypto maybe there is no need to call them in crypto. Because i believe that people really need profit and we can earn profit in crypto if we work hard or understand how it works. Maybe the only thing that we can do is share and be more patience pandemic will soon end and crypto will maybe rise up high, so i think the very best time to start is now.

I have been trying this approach for years now with a good friend of mine. He is very good with computers and the Internet and I keep trying to convince him to go into crypto currencies. Even when I showed him my new bike I bought with profits from cryptos he remains sceptical. Maybe I am just too bad at getting him hyped, but I would love for more of my friends to be invested. I mean it doesn't take much money! Everyone can start with a little money and just give it a try.

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September 17, 2020, 10:09:25 AM
 #193

Many people recognize crypto, we are on computer age right now they all dealing in the internet they now how to browse, and read kind of advertisement. No need to call them in this world, they are seen what is the good importance gives us about one community here in crypto world
Yes, in general, everyone is familiar with crypto, but some of them don't know how to work in crypto so they only know it but cannot fully understand it because they don't know which direction they should take first, so in this case of course there must be someone who teaches or directs first.

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September 17, 2020, 12:29:15 PM
 #194

I think this is the right time to invite friends and family to the world of crypto, despite its risks, but like the good DeFi projects, it will help them achieve a higher return than the traditional system because DeFi depends on decentralized financing based on blockchain.

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September 17, 2020, 12:38:08 PM
 #195

I have read many thread about defi , many plus or minus his but to take people to join in crypto i was not very sure , because crypto very is at risk i think , sometimes with you wanting friends or kindred to join crypto can bring a profit or disaster in a relationship, Plus if they have absolutely no experience with crypto. it is very risky to lose money quickly.

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September 17, 2020, 12:46:53 PM
 #196

I have read many thread about defi , many plus or minus his but to take people to join in crypto i was not very sure , because crypto very is at risk i think , sometimes with you wanting friends or kindred to join crypto can bring a profit or disaster in a relationship, Plus if they have absolutely no experience with crypto. it is very risky to lose money quickly.
crypto carries a high risk so anyone who has jumped into the crypto world must accept it at the risk for me if want to succeed in the crypto world
just requires accuracy in all aspects before investing most likely will avoid the risk of big loss

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September 17, 2020, 12:48:08 PM
 #197

I have read many thread about defi , many plus or minus his but to take people to join in crypto i was not very sure , because crypto very is at risk i think , sometimes with you wanting friends or kindred to join crypto can bring a profit or disaster in a relationship, Plus if they have absolutely no experience with crypto. it is very risky to lose money quickly.
not just defi but everything on this space has thier own plus and minus  but the topic was about defi because defi is the latest of them all  . it is possible to gather people to join crypto , i have done that before but taking them with the reason of defi , i dont think so beause me myself doesnt also have a knowledge on it but instead we can use other reasoning  . they only want to join if they want and no need to forced them so no relationship will broken on here  . they are newbies so they have no experience yet , they dont need to put much money at first .

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September 17, 2020, 02:23:31 PM
 #198

I have read many thread about defi , many plus or minus his but to take people to join in crypto i was not very sure , because crypto very is at risk i think , sometimes with you wanting friends or kindred to join crypto can bring a profit or disaster in a relationship, Plus if they have absolutely no experience with crypto. it is very risky to lose money quickly.
crypto carries a high risk so anyone who has jumped into the crypto world must accept it at the risk for me if want to succeed in the crypto world
just requires accuracy in all aspects before investing most likely will avoid the risk of big loss

That's right, You have to be accurate for you to able to get the profits that you desire.

Crypto carries high risk investment, the volatility nature makes investors grab the chance to enjoy the opportunities to earned out from this market.

But It also carries high risk and without proper knowledge you are also endangering your investment, make sure to always find time to do your DYOR.

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September 18, 2020, 07:37:27 AM
 #199

Calling people into the crypto world requires more effort, especially if these people are not familiar with technological developments. It will be very easy if what you invite are people who like new things, especially the world of technology, crypto and blockchain cannot be separated.

   Ubay we don't need effort to spread the word about Blockchain around the place we live and among people we know. I know I am
trying to explain Blockchain technology to people who are interested to hear more about it. I always finish with words that I give them
some basics, I share with them my knowledge and my ideas, but if they wish to get more involved they can do their own research,
Blockchain is available to everyone, they don't need money if they wish to learn!



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September 18, 2020, 07:48:48 AM
 #200

I think this is the right time to invite friends and family to the world of crypto, despite its risks, but like the good DeFi projects, it will help them achieve a higher return than the traditional system because DeFi depends on decentralized financing based on blockchain.
Yes, inviting friends and family to the crypto world is not wrong because the goal is only to make profits through DeFi, but we also have to remind them so that they will not be disappointed when their hopes are not achieved, because this is the world of crypto, not a world that we make ourselves , so anything that we don't expect can happen at an unexpected time.

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