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Author Topic: Time to call the people into crypto  (Read 4814 times)
Gozie51
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August 23, 2020, 04:55:31 PM
 #21


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

Don't.
Free investment advice without request is terrible.
If you advice people to buy crypto and the price goes down, you will lose a friend.

Just talk about crypto , but don't call them to invest.

Maybe you can ask a friend who owns  a company yto accept bitcoin as payment and help him with that. But don't call people to invest.

Bitmover has really said the mind of a real crypto enthusiast. You don't force someone into any kind of business, you just let the person decide. For cryptocurrency particular, let the money you make speak for you and that will encourage people to ask you how you are making your money and living your life. Surely you know that failure has no followers but success has many people queuing to attach to the story.

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1606486497
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August 23, 2020, 04:57:05 PM
 #22

Many of my friends and acquaintances knew that I'm a crypto enthusiast. And when the massive hype around cryptocurrencies began in 2017, I was approached for investment advice. I didn’t convince anyone, I didn’t call on, but only in general outline told what was the point. Some were disappointed and left the crypto after the known events of the following years, some remained. Therefore, I still don't want to call anyone, but I can share information.
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August 23, 2020, 04:59:14 PM
 #23

Chances of them hating you is also there.
Will you take that risk?  Grin

You explain it to them in a good way.
They believed you, they bought it and already they want profits in short amount of time.
If it won't happen they pull out. Taking ROI or worse a lot of cuts. Don't call them to buy. Just educate. Don't rush it too and give them false returns.
Just the facts.
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August 23, 2020, 05:02:44 PM
 #24

I think at the moment it's still pretty risky to advise friends or family to invest in crypto.
Take the current DeFi hype for example. There are some great projects out there which really have a usecase and a solid technological foundation.
But there are also at least twice as many projects that just put Defi in their name to benefit form the current hype but are straight up scams.
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August 23, 2020, 05:05:21 PM
 #25

the vast majority of crypto crashes every single day.the major "famous" coins crash without fail every single day. Inviting people into crypto is bad. There are no major known cryptos that are legitimate. Some of the stablecoins are a good start for newbies, but it is borderline criminal to recommend crypto to anyone

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bastian466
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August 23, 2020, 05:05:55 PM
 #26

At any time it is appropriate to call on people who are in need in the cryto field to be useful and able to help in any aspect so that it makes it better and simpler because what I experience want to do something practical
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August 23, 2020, 05:16:07 PM
 #27

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?
Investing is too risky in a volatile market of cryptocurrency. Sharing about crypto to others is good but call them to invest is not a good idea because there is a possibility that they can lose their investment if they are new and don't have enough knowledge about cryptocurrency.



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August 23, 2020, 05:24:27 PM
 #28

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?
Investing is too risky in a volatile market of cryptocurrency. Sharing about crypto to others is good but call them to invest is not a good idea because there is a possibility that they can lose their investment if they are new and don't have enough knowledge about cryptocurrency.




good point. its also good to warn that most of the well known cryptos are just automated crime to steal there money. Like litecoin, it only exists for coinbase and the lee brothers to steal money. it has no other purpose

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August 23, 2020, 05:31:38 PM
 #29

Defi is good but yet we need to understand more and know if it will actually last long more better than most projects and the only way to know this is when the hype goes down. For now many people are chasing after Defi projects just because of the assumed profit they will get, just few are after the use case, so I think it's wise to wait a little more. Also, if you are calling anyone into the crypto world, endeavour to educate them on what they need to know, so that they do the right thing.

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August 23, 2020, 05:41:51 PM
 #30

that is not advisable. Crypto is not a good and legitimate marketplace for people to participate. There were a lot of traders and investors who lost money in this market due to fraud and the non-stop manipulation of the whales. That is why governments are discouraging people from participating in the crypto market. We are not sponsored by anyone, so it's easy to be deceived. Besides, the bigger problem that will happen is that money laundering will be easier than ever. This will create a big hole for the criminals, it's very dangerous.

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August 23, 2020, 05:44:08 PM
 #31

that is not advisable. Crypto is not a good and legitimate marketplace for people to participate. There were a lot of traders and investors who lost money in this market due to fraud and the non-stop manipulation of the whales. That is why governments are discouraging people from participating in the crypto market. We are not sponsored by anyone, so it's easy to be deceived. Besides, the bigger problem that will happen is that money laundering will be easier than ever. This will create a big hole for the criminals, it's very dangerous.

great point. people should be warned about crypto not asked to join in the losses

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August 23, 2020, 05:49:01 PM
 #32

I always try and make an effort to invite people, friends and residents of the country to join the world of coding, and frankly, I face great difficulties in this matter, and I am sure that there are many people who face difficulties in this matter because persuading people is very difficult, especially if it is the person whom we invite and convince. He does not have any experience or ideas about technology that we are witnessing today. I always rely on providing proofs of withdrawal from the coding world in order to be able to convince others in this field and despite all this they say that this thing is fraud and false, I think that it will take a very long time to be able to convince people of this It's up but I will never give up and I will always try
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August 23, 2020, 06:22:04 PM
 #33

You should always invite people to the crypto world, tell them about this world, and tell them only about reliable projects.

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August 23, 2020, 06:23:39 PM
 #34

You should always invite people to the crypto world, tell them about this world, and tell them only about reliable projects.

which one is that? there are no legitimate cryptos from pre 2018

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August 23, 2020, 06:49:20 PM
 #35

I do not rush to judge the project Defi something good for everyone clear investment I think this is a hype for a while if one Defi project is sinking and not run well if all will be fine?

DeFi is indeed on hype but doesn’t that it’s bad investment. The main reason why it’s hype is because it has a real used case. I’m aware that there are a lot of shit DeFi project like $YAM and some copy token from Ampleforth($AMPL). There’s always a shit project in every hype just like what happened during 2017 ICO madness. Most of the DeFi coins like Chainlink and AMPL has a good use case which provides a solution on the typical problem on finances.
Yeah, no matter how good the timing for investment is there will be a shitty project that will try to lure you with good project appearance but poor team execution. I'm literally looking for some DeFi projects right now, now I'm studying about this OIN coin that will be on sale this 26, what caught my interest is that they have this lottery first that means only limited people can actually buy their coin with fixed price, I mean who else got this system for investors?

Chainlink -off chain data provider and solve reliability issues in using single centralized source.

Ampleforth - with elastic supply feature. It eliminates the volatility of the coin by adjusting the token supply to pegged the price to 1$.
Guess the idea is not old but I think they are the ones who made it to reality, we got a bunch of this ideas in the past years but sadly most of them are not true for creating those in real life. Now a bit late stacking these coins, if LINK will pump to $22 Imma pull my stacks down.

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August 23, 2020, 06:54:14 PM
 #36

the hype is flying around and its for the profit, after sometime it will go down definetly but maybe not now. anyone who would come should know how to play the game until they have started delivering their mandate, now is not the time to blow the whistle.

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August 23, 2020, 07:07:48 PM
 #37

It is up to each person to choose, if you want them to enter this market as an investment then I don't think this is the best time. The best time is in early 2020 when prices go down a lot and people can invest at that time.

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August 23, 2020, 07:08:15 PM
 #38

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 believe that anyone who wants to invest in cryptocurrency should choose old projects.
I have been holding coins since 2017 for projects such as XSPEC, PHORE, STORJ, EmerCoin, NIX

I am confident in them because they developed during the crisis, the teams are friendly and I see the future that they began to build a long time ago. They write code, develop, believe in the digital future!

Here is an example of an old project that all this time has been developing the now fashionable DEFI direction - Phore Synapse — The Future of DEFI ( https://medium.com/@phoreblockchain/phore-synapse-the-future-of-defi-8671e7ca5501 )
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August 23, 2020, 07:21:55 PM
 #39

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.
It has been time to call people into crypto world for over 10 years now, it has been always time to call people into crypto, why haven't you so far? There is really no way that people wouldn't like bitcoin or any other crypto if you called them early on and would still ask for it if there was earlier possibility.

Like let's say you called someone into crypto 5 years ago, they would wish to be here even earlier, I have been around for 7-8 years and I still wish I was around for over that amount, I didn't know the times when it was under 30 dollars or so, I wish I was around back in those days, like the days when you can mine crypto from your own computer and would mine a decent amount. In any case these defi things are the least things you could ask for, crpto itself has always been awesome.

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YuginKadoya
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August 23, 2020, 07:29:08 PM
 #40

New Coins like Defi should not be the main priority you are giving to many newbies especially if that person doesn't have any experience yet and how Altcoins works and just second to Bitcoin If you would give financial advice to someone that is just starting and you are thinking to get them on the same boat as you on the Crypto world think twice before you do it,

For example I have introduced many friends in the idea of token and how you can get it free back then Airdrops was so popular and many ICO and tokens was a hit, and you can surely accumulate instant free cash back then, I have introduce it to someone I know and that many Tokens he accumulated he then have sold a splendid amount but that just stop in selling 2 tokens he has because the many tokens he had doesn't get any value at all that would end up questioning me for introducing him to such nonsense, Well I am not saying all would be like this just be prepared for the worst.
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