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Author Topic: Crypto currency Awareness Campaign  (Read 812 times)
nurilham
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September 11, 2022, 10:49:49 PM
Merited by fillippone (2), JayJuanGee (1)
 #61

It is okay to educate anyone that you know but these days are dangerous. You don't approach alone someone and educate and ask them if they want to know bitcoin and etc., you don't know what's on the mind of people these days and since there's a crisis.
I don't really understand what you mean.
But nothing wrong to educate someone, especially the person we already know well. But make sure that he isn't a person who is against digital investment or crypto. If he has no intention to have digital assets, we don't need to educate him. We don't need to know someone's mind, it is impossible. As long as we educate him in a proper way, I think it deserves to try. Regarding a crisis, it shouldn't be an obstacle because everyone can invest in a small amount.


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September 12, 2022, 04:45:21 PM
 #62

It is okay to educate anyone that you know but these days are dangerous. You don't approach alone someone and educate and ask them if they want to know bitcoin and etc., you don't know what's on the mind of people these days and since there's a crisis.
I don't really understand what you mean.
But nothing wrong to educate someone, especially the person we already know well. But make sure that he isn't a person who is against digital investment or crypto. If he has no intention to have digital assets, we don't need to educate him. We don't need to know someone's mind, it is impossible. As long as we educate him in a proper way, I think it deserves to try. Regarding a crisis, it shouldn't be an obstacle because everyone can invest in a small amount.


Their is nothing wrong in educating one about bitcoin whether he/she likes it or not. If we have opportunity to educate anyone about bitcoin bitcoin it is a good thing . It is left for the person to accept it or not , the important thing is that the message has been passed on .

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qwertyup23
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September 12, 2022, 05:39:36 PM
 #63

It is okay to educate anyone that you know but these days are dangerous. You don't approach alone someone and educate and ask them if they want to know bitcoin and etc., you don't know what's on the mind of people these days and since there's a crisis.
I don't really understand what you mean.
But nothing wrong to educate someone, especially the person we already know well. But make sure that he isn't a person who is against digital investment or crypto. If he has no intention to have digital assets, we don't need to educate him. We don't need to know someone's mind, it is impossible. As long as we educate him in a proper way, I think it deserves to try. Regarding a crisis, it shouldn't be an obstacle because everyone can invest in a small amount.



The problem with communicating something that is novel to a person is getting their interest. No matter how articulate and complete you try to explain cryptocurrencies, if the person is just not interested, then your efforts will be going to waste.

Just asking a simple question can do the trick! You might also want to show your earnings to your relatives; or show them your mining equipments, etc. in order to at least give them the framework of your idea. Once they start asking questions, their curiosity would spark that will eventually turn into interest.

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JoyMarsha
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September 12, 2022, 07:16:55 PM
 #64

Rightly, crypto awareness knowledge is gotten from different areas from what you just stated. Most people get to find out about crypto through social media, some through friends or formal education but the best awareness you can give to your friend is to tell them about crypto.

For about a month or thereabouts, I have been lecturing my friends about crypto and the risk involved in it. You can start up with that to help spread awareness of crypto to friends and well-wishers. You will be glad you did

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September 16, 2022, 04:58:08 PM
 #65

issues you have with educating friends/relatives. is that if they then invest, and then the price takes a dip. they will suddenly be blaming you for the investment advice.
Their is a different between educating someone to know of bitcoin and telling someone to invest on bitcoin. It's very simple to teach someone the norms of bitcoin, because if somebody know the important of bitcoin it will willingly wish to invest to it.

Investment: telling someone to invest in Bitcoin without the person blame you when the price goes dip, it's basically base on your explanation on investment of bitcoin, if you informed the new investors the risk which is the advantages and disadvantages of investment, and the invest understand you, you can't be hold responsible when the investment goes wrong, because you have given he/ her the necessary information behind the risk of investment, so you can't be held responsible.

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Davidvictorson
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September 16, 2022, 05:10:05 PM
 #66

issues you have with educating friends/relatives. is that if they then invest, and then the price takes a dip. they will suddenly be blaming you for the investment advice.
Personally, I wait to reveal unless prompted. The hard way is how I've learnt my lesson. Due to their familiarity with you and the fact that your classes are free, friends and family may take them for granted. They might not follow your advice. They want to believe that they can leap into bitcoin because you are doing well and that they will have $1000 in their wallets the following day. They are impatient.

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September 16, 2022, 07:42:38 PM
 #67

issues you have with educating friends/relatives. is that if they then invest, and then the price takes a dip. they will suddenly be blaming you for the investment advice.
Their is a different between educating someone to know of bitcoin and telling someone to invest on bitcoin. It's very simple to teach someone the norms of bitcoin, because if somebody know the important of bitcoin it will willingly wish to invest to it.

Investment: telling someone to invest in Bitcoin without the person blame you when the price goes dip, it's basically base on your explanation on investment of bitcoin, if you informed the new investors the risk which is the advantages and disadvantages of investment, and the invest understand you, you can't be hold responsible when the investment goes wrong, because you have given he/ her the necessary information behind the risk of investment, so you can't be held responsible.

Sure it is good to know the difference between educating in theoretical ways and in terms of investing, and it seems to me that anyone who figures out what bitcoin is, then it would likely be in their best interest to take some kind of investment action, and ultimately the kind of investment actions that they take would be tailored to their situation, too.

If someone is highly skeptical about bitcoin, then maybe they would invest only a very small amount (such as 1% of their total investment portfolio), and if someone has a very short timeline (and they need to be somewhat liquid based on their own expenses or other matters going on in their life, then they may well not be in a position to be investing in anything that is volatile - and many of us likely realize that one of the most likely and inevitable things about bitcoin is that in the coming years.. maybe even more than 20 years, it is going to continue to be volatile, and we cannot even know the price direction.. which surely could affect anyone's considerations regarding whether to invest and how much to invest...

Personally I am of the belief that people can do what they want in terms of their investments, but the vast majority of people should be considering taking some action in bitcoin and getting the fuck started no matter the price, and then once they get started, then they can figure out and tailor their strategies to their situation.   So the more hesitant and the most skeptical folk would likely be erroring on the side of taking a smaller and more likely a whimpier stance as compared with folks who might be more confident in bitcoin's investment thesis.

Of course, we have to deal with ESG, KYC & AML, but each of them are attack vectors on Bitcoin to be avoided or minimized.

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September 16, 2022, 09:38:27 PM
 #68

issues you have with educating friends/relatives. is that if they then invest, and then the price takes a dip. they will suddenly be blaming you for the investment advice.
Their is a different between educating someone to know of bitcoin and telling someone to invest on bitcoin. It's very simple to teach someone the norms of bitcoin, because if somebody know the important of bitcoin it will willingly wish to invest to it.

Investment: telling someone to invest in Bitcoin without the person blame you when the price goes dip, it's basically base on your explanation on investment of bitcoin, if you informed the new investors the risk which is the advantages and disadvantages of investment, and the invest understand you, you can't be hold responsible when the investment goes wrong, because you have given he/ her the necessary information behind the risk of investment, so you can't be held responsible.
Personally I am of the belief that people can do what they want in terms of their investments, but the vast majority of people should be considering taking some action in bitcoin and getting the fuck started no matter the price, and then once they get started, then they can figure out and tailor their strategies to their situation.   So the more hesitant and the most skeptical folk would likely be erroring on the side of taking a smaller and more likely a whimpier stance as compared with folks who might be more confident in bitcoin's investment thesis.
I am personally skeptical of introducing new forks into Bitcoin as an investment module due to Bitcoin volatility and not everyone has the balls to withstand Bitcoin market volatility which is the most prominent feature of Bitcoin and since most newbies are either in for a quick bulk others do not have the patience and the motivation to withstand drawback against what their expectation is before getting into Bitcoin. This is why educating people about Bitcoin and trying to know the motivation area before getting them actively involved in Bitcoin investment because not everyone who envies your investment lifestyle is ready to pay the sacrifice you have paid to attain that level, most will want to get the result without paying attention to the demands.



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September 17, 2022, 01:57:03 AM
Last edit: September 17, 2022, 02:19:27 AM by JayJuanGee
 #69

issues you have with educating friends/relatives. is that if they then invest, and then the price takes a dip. they will suddenly be blaming you for the investment advice.
Their is a different between educating someone to know of bitcoin and telling someone to invest on bitcoin. It's very simple to teach someone the norms of bitcoin, because if somebody know the important of bitcoin it will willingly wish to invest to it.

Investment: telling someone to invest in Bitcoin without the person blame you when the price goes dip, it's basically base on your explanation on investment of bitcoin, if you informed the new investors the risk which is the advantages and disadvantages of investment, and the invest understand you, you can't be hold responsible when the investment goes wrong, because you have given he/ her the necessary information behind the risk of investment, so you can't be held responsible.
Personally I am of the belief that people can do what they want in terms of their investments, but the vast majority of people should be considering taking some action in bitcoin and getting the fuck started no matter the price, and then once they get started, then they can figure out and tailor their strategies to their situation.   So the more hesitant and the most skeptical folk would likely be erroring on the side of taking a smaller and more likely a whimpier stance as compared with folks who might be more confident in bitcoin's investment thesis.
I am personally skeptical of introducing new forks into Bitcoin as an investment module due to Bitcoin volatility and not everyone has the balls to withstand Bitcoin market volatility which is the most prominent feature of Bitcoin and since most newbies are either in for a quick bulk others do not have the patience and the motivation to withstand drawback against what their expectation is before getting into Bitcoin. This is why educating people about Bitcoin and trying to know the motivation area before getting them actively involved in Bitcoin investment because not everyone who envies your investment lifestyle is ready to pay the sacrifice you have paid to attain that level, most will want to get the result without paying attention to the demands.

I am saying get the fuck in, and I am not talking about position size... You seem to be talking about position size and assuming that getting in means getting in BIG or to go in blindly and/or not getting your finances and psychology in order first... and it does not..

If anyone gets into bitcoin after the BTC price went up, then they may well be legitimately worried about the price going down, then they would modify their position accordingly and figure out their strategy.. since they would be starting at the potential top of a cycle.

In other words, everyone should be in - as long as they figure out their budget and they are capable of investing.. even if that might ONLY be $10 per week or even less, and if they are whimpy about being in bitcoin, then they should just take a small position size. .something like 1% of their total investment portfolio... and of course, they need to get their shit together first (financial and psychological... I am not going to be responsible for them, even if I am telling them to get the fuck in, .. they are responsible for themselves).

In terms of the finances of anyone, there is a need to have certain basics in order before investing into anything, whether bitcoin or any other investment, and I am referring to having an emergency fund and all of those kinds of basic matters in order before they are even in a position to be able to invest in bitcoin or anything else for that matter.  Otherwise they would be gambling rather than investing, and I am not telling anyone to gamble, even though I am telling them to get started and get in, sooner rather than later.

The best time to get started buying bitcoin is today, and the second best time would have been yesterday, but yesterday is no longer available to you.  So get started right away.

We can agree to disagree even though I am recommending that everyone gets in... but they are responsible to work out all of their details, including their finances and their psychological details, and I am not responsible if they cannot get their shit together or if they are not yet ready to invest into bitcoin or into anything else..

People have to be responsible for their own finances and psychology, even though I am still going to say that  it is a good idea that everyone should be figuring out a way to get into bitcoin sooner rather than later.. to work out their nitty-gritty details.. in terms of the extent to which they have any cash left on a weekly or monthly basis to invest into bitcoin or anything else.. which would be up to them to figure out if they really capable of setting aside a budget .... or else if they stay out of bitcoin completely, and they are too busy to figure out a plan that includes bitcoin contained therein, then they can just have fun staying poor... whether they actually happen to be poor or not.  

not financial advice - even though you better get your shit together first...
do your own research
I am not responsible for anyone.. even if I am telling them.. get in.. or at least figure out how to get in- in a way that is prudent, meaningful and fitting for the person getting involved in bitcoin
your milage may well vary
ccmf
have fun staying poor
etc.etc etc.

If anyone who is not into bitcoin might have any questions about how to get into bitcoin or anything like that.. then just ask.. and I may or may not be able to answer all question and it is possible that they might have to do some of their own research in terms of which possible places to look for information and/or how to get started buying bitcoin.  

Swanbitcoin.com.. might be a good place to start to research or to start buying bitcoin, yet there are other resources that are bitcoin oriented, too...

Again, I am not telling anyone to get involved in "crypto" or to get into shitcoins.. I am telling them to get involved in bitcoin.. to focus on bitcoin and don't get distracted into shitcoins or confused by the ideas of "crypto".. and to attempt to educate themselves to understand the difference between bitcoin and crypto.. or at least learn what is bitcoin first, so if I do refer them to any possible resources or even send them information, I am going to attempt to give them bitcoin-oriented information and resources to the extent possible.. and I am going to tell them to learn about bitcoin first... but people like to be smarter and like to get distracted into buying shitcoins.. .. and I will try to caution them not to get distracted and to focus on bitcoin first.

Of course, we have to deal with ESG, KYC & AML, but each of them are attack vectors on Bitcoin to be avoided or minimized.

Put BTC here: 35EVP8EePt8dyvKHaB7bXaRmKLm22YgRCA

How much alt coin diversification is necessary? if you are investing in Bitcoin, then perhaps 0%?
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September 17, 2022, 06:47:37 AM
 #70

Just asking a simple question can do the trick! You might also want to show your earnings to your relatives; or show them your mining equipments, etc. in order to at least give them the framework of your idea. Once they start asking questions, their curiosity would spark that will eventually turn into interest.

This way may help to capture their interest because everyone wants to see your achievement before they venture into any investment that you are introducing them to. I will suggest you teach them about bitcoin first and if they want to know how successful you are since your in to bitcoin mining and investment then it is up to you to decide whether you want to take the risk because yes they will surely listen to you once they see your earnings but it is more important to inform them how far knowledge you have got to have gotten where you are at the moment. They sure need knowledge more than knowing the earnings so that they won't be focused on the earnings more than what brings it.

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September 17, 2022, 11:06:25 AM
Merited by fillippone (2), JayJuanGee (1)
 #71

3. Social media: This is one the large community of communication where people exchange information. Therefore, most people learned and heard crypto currency in this section. Mostly on Facebook, WhatsApp, Tweeter, Telegram, Skype, Yahoo messenger etc.
You are correct in all of your observations about the given cryptocurrency awearnes. 
However, social media is a very dangerous place that can both give you awearnes and get you scammed by scammers. Scammers find socialmedia a very easy place to get people's attention, which is why they use social media  platforms to scam people with the name of a given cryptocurrency guide or awearnes. We must be cautious about the information we obtain from social media because it can lead us astray.

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September 19, 2022, 11:46:59 AM
 #72


2. Bitcointalk.org. In this forum one will be educated on all the aspect of crypto currencies


BitcoinTalk is the best place to learn about crypto because it was my foundation to everything I know about crypto currency.

Quote
3. Social media: This is one the large community of communication where people exchange information. Therefore, most people learned and heard crypto currency in this section. Mostly on Facebook, WhatsApp, Tweeter, Telegram, Skype, Yahoo messenger etc.
 

I educates the people I connect with through social media especially in telegram and Whatsapp, I post information about crypto and answer some questions.
People most times seems more active to learn from social media than physical sha, base on their time frame for work and other daily activity. But with social media you can read through every story line where ever you are.

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September 19, 2022, 12:00:47 PM
 #73


issues you have with educating friends/relatives. is that if they then invest, and then the price takes a dip. they will suddenly be blaming you for the investment advice.
I don't think if they are giving proper education they will complain by telling them the price if bitcoin goes up and down at anytime. After telling them this and may be the price goes dip I don't think they will blame anyone because already they are aware that the price can fall at anytime.  If People get proper education they won't blame anyone for anything that occur in cryptocurrency.  After proper education it is up for them to make their decision to invest and know more about bitcoin or not.

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