Tell people about bitcoin but don't force them to invest

[TelolettOm]

In my personal opinion and experience, I also wouldn't dare to just advise them to invest in crypto, let alone suggest with sweet promises. This is very risky, especially if the results are not what we promised. So then we will be the ones to blame.
We only need to provide initial knowledge and also various ways for those who really ask us and want to learn. So let's not be the first to start.

I have seen many people who are involved because of hype and most of them are losing a lot of money. And what happen next is that they blame everyone who suggest about this and they blame crypto itself.

[CryptopreneurBrainboss]

It will be nice to tell people about bitcoin,  but not to force/pressure them to invest , because if investing goes wrong sometimes it is funny to see the reactions of people when money is loss, the loss of money is a case that has ended many good friendship and misunderstanding between family members.

Why would you even force anyone to invest in Bitcoin when you should know of its volatility as a participant in the market yourself. The only good you can do for them is telling them about the industry and it's left for them to take the final decision. In the future they won't be having the excuse of not hearing about the currency when it becomes more established/adopted. Also in your attempt of telling them, make them see the advantage with your lifestyle as people tend to believe what they see than what they hear.

Not advising on living an expensive lifestyle just to proof your point but instead living a life of purpose, been self aware of your finances etc will definitely draw people into wanting to know more. It will be more easier teaching if interest were first initiated by them instead of you

[iamsheikhadil]

Tbh if I am going to explain about Bitcoin to someone, I will tell them how it works, what exactly it is and its purpose, the price of it in terms of dollars shouldn't affect the intrinsic value Bitcoin already has due to its purpose and advantages, but yeah, to tell them that this investment is very risky and to invest just for growing funds in short time, it's nothing but gambling, that caution should be taken.

[Ahli38]

I also started telling my family about bitcoin.
starting with the knowledge of what bitcoin is and what its advantages and disadvantages are.

I also tell the advantages and disadvantages of investing in bitcoin.

and I emphasize to understand the market situation if you want to dive into the world of bitcoin.

and now my brothers and sisters start investing in bitcoin and altcoins.


but its funny. now my brothers are more reliable than me.

maybe their seriousness in learning bitcoin is better than mine.

[dansus021]

like all other people said bitcoin is new technology that everyone will take time to discuss

but usually i tell my friend bitcoin is like usual bank or digital wallet ex. paypal or venmo but with changing price like gold usually they will understand
and yes we can see other people get rich from bitcoin or made money out of thin air (*this the reason why people got curious at first place)

but tell them bitcoin is highly volatile way more volatile than any other investment instrument so please tell them to know the risk like "your money can gone forever and scam is everywhere" and invest in crypto is high risk so if they cant afford money to lose better learn it first

[Gosgosking]

I don't point out to people for them to make a particular investment, I only tell them about investment if only they ask and I give them more explanation concerning the investment , after that it is up to them for them to invest or not. When I tell people about investing I make sure they know about it from all angles.

[Kelvinid]

I don't point out to people for them to make a particular investment, I only tell them about investment if only they ask and I give them more explanation concerning the investment , after that it is up to them for them to invest or not. When I tell people about investing I make sure they know about it from all angles.

It is supposed not to force anyone. It is their well to invest, not because someone did influence them. In fact, some of my friends know I was in crypto and I don't encourage them to follow what I did. Because those who want to invest will certainly ask and keep asking how but if they don't, I simply don't bother myself to tell them either.

We have to avoid being blamed because of their losses and because of their mistakes. Let them understand that before investing they also know the possible results and difficulties to encounter in order for them to decide or just forget it.

[tippytoes]

I don't point out to people for them to make a particular investment, I only tell them about investment if only they ask and I give them more explanation concerning the investment , after that it is up to them for them to invest or not. When I tell people about investing I make sure they know about it from all angles.

It is supposed not to force anyone. It is their well to invest, not because someone did influence them. In fact, some of my friends know I was in crypto and I don't encourage them to follow what I did. Because those who want to invest will certainly ask and keep asking how but if they don't, I simply don't bother myself to tell them either.

We have to avoid being blamed because of their losses and because of their mistakes. Let them understand that before investing they also know the possible results and difficulties to encounter in order for them to decide or just forget it.

As this market is full of uncertainty, it is indeed hard to advise someone to invest on this market. Good if someone is willing to listen, but you need to make sure that he knows the consequences of getting into this market. Because you can't assure that his strategy will work or not, depending on the coin that he's about to get involved with. If they are serious about investing on this market, they will also dig facts on their own, and study the market.

[Rengga Jati]

It is too hard telling people about Bitcoin actually, moreover if the people have their own thought about Bitcoin, mostly the negative sides and weaknesses.
Telling Bitcoin to certain people is needed when we are in such kind of open discussion, or if someone is exactly asking to us, or in some occasions where we need to explain little bit about Bitcoin.

It will be nice to tell people about bitcoin,  but not to force/pressure them to invest , because if investing goes wrong sometimes it is funny to see the reactions of people when money is loss, the loss of money is a case that has ended many good friendship and misunderstanding between family members.

This is right. Never invite people to join you or follow your ways in investing in Bitcoin. Because the risk is too high. Sometimes, people will not want to know about the risks of Bitcoin investment. Their focus is only on the profit probabilities that they can get. Once they cannot get the profits or moreover their assets are decreasing, they will be enough and disappointed in Bitcoin, moreover in us who told them to invest.
Except hat they come to us, ask to us about Bitcoin investment and they want to invest based on their own willingness. We need to also tell them and make them understand about the risk and profit probabilities, and how the Bitcoin investment work.

[Ahli38]

It is too hard telling people about Bitcoin actually, moreover if the people have their own thought about Bitcoin, mostly the negative sides and weaknesses.
Telling Bitcoin to certain people is needed when we are in such kind of open discussion, or if someone is exactly asking to us, or in some occasions where we need to explain little bit about Bitcoin.

It will be nice to tell people about bitcoin,  but not to force/pressure them to invest , because if investing goes wrong sometimes it is funny to see the reactions of people when money is loss, the loss of money is a case that has ended many good friendship and misunderstanding between family members.

This is right. Never invite people to join you or follow your ways in investing in Bitcoin. Because the risk is too high. Sometimes, people will not want to know about the risks of Bitcoin investment. Their focus is only on the profit probabilities that they can get. Once they cannot get the profits or moreover their assets are decreasing, they will be enough and disappointed in Bitcoin, moreover in us who told them to invest.
Except hat they come to us, ask to us about Bitcoin investment and they want to invest based on their own willingness. We need to also tell them and make them understand about the risk and profit probabilities, and how the Bitcoin investment work.

indeed, in fact telling people about bitcoin is very difficult, especially if it is to people who are not our family.
I only dare to tell about this bitcoin only to trusted families and a few neighbors who ask.
because sometimes when we explain bitcoin to people who just heard it then it will bring excessive prejudice. whether it's negative or positive but mostly negative prejudice. small example: there is a neighbor of mine who works every day trading bitcoin. and this neighbor of mine got rich from bitcoin. but do you know what the other neighbors are pointing at this one neighbor. they accuse it of gambling or the result of something mystical or magical. I also explained a little to another neighbor that the neighbor who became rich did not do anything bad or bad to make his money. but he trades bitcoins. and I also explain as little and as short as possible about bitcoin. but most of them find it difficult to accept this new knowledge that is bitcoin. but at least now their assessment has changed a bit to not be too bad after viral on television, namely artists who plunged into the world of bitcoin.

[Poker Player]

It will be nice to tell people about bitcoin,  but not to force/pressure them to invest , because if investing goes wrong sometimes it is funny to see the reactions of people when money is loss, the loss of money is a case that has ended many good friendship and misunderstanding between family members.

Well, this is true not only of Bitcoin, but of any investment. No matter how good you think it is, never pressure anyone to invest as well. Friendships break up and family members stop talking over things like that.

I think the best thing to do is to gradually incite curiosity. You can introduce Bitcoin sporadically, and it is normal that the first reaction is not to pay much attention to it, especially if it is sideways or there is a downturn in the market. But as time goes by and the person you have spoken to sees that Bitcoin still exists, that the long-term price trend is upwards, that more and more public and private institutions are adopting it, and even that he or she is starting to hear about it from other friends and family members, that person will start to get curious about it.

Whether she ends up investing or not is a very personal decision but I think this is the best way to inform her about Bitcoin by inciting her curiosity.

[uchegod-21]

It is good to give anyone sincere information whether pleasant or not and allow the person to make right choices. I see no reason why I should force someone to invest when it is not a pyramid scheme or referral marketing.
I know half baked information cause big problems when an investment goes wrong. It is scam projects that hides information about their projects but in bitcoin there is nothing to it. Bitcoin is simply volatile like other cryptocurrencies.

One important thing we mostly don't do whenever we preach bitcoin to our friends , we fail to make them understand the tough part of bitcoin  when it goes dip which results to the loss of some bitcoin at the moment.

Little correction, dip does not make you lose bitcoin, it rather make the Fiat equivalent of your bitcoin to reduce.

[Rockstarguy]

One important thing we mostly don't do whenever we preach bitcoin to our friends , we fail to make them understand the tough part of bitcoin  when it goes dip which results to the loss of some bitcoin at the moment.

Little correction, dip does not make you lose bitcoin, it rather make the Fiat equivalent of your bitcoin to reduce.

To those who are not very familiar with crytocurrency it seems to be loss especially when their is no patience to wait for the market price to rise, at this point when the market is dip the only option in the mind of beginners is to sell the coin because of fear of going dipper. Not every beginner understands dip is not losing a coin.

[Lucius]

Regardless of the good intentions that someone has, I have learned from personal experience that it is not very desirable to promote Bitcoin in a way that we talk about it to our friends and acquaintances, and even less to strangers. There are several reasons why this is not desirable, and I will only look at those that I consider particularly important.

I think it is wrong to tell people about Bitcoin only from the aspect of profit (buy low, sell high), because Bitcoin was primarily created as a currency and if we are already talking about Bitcoin, then it should definitely be emphasized. Furthermore, if we interfere in any way with someone's financial decisions, whether we like it or not, we become partly responsible for everything that happens next. Let everyone ask themselves what they will do when a friend knocks on his door and says that he lost everything he invested in Bitcoin, just because you told him about it.

What about your own safety and the safety of your family if some local criminals only suspect that you are storing a significant amount of BTC?

[Markinzo]

Why coerce someone into what they have no interest in! Knowing full well that when people get involved into something through the use of force or pressure they end up putting the whole blame on you well it didn't worked out well instead of seeing things from the other perspective, like,what if it had worked out well.

To me it's more preferable to introduce the cryptocurrency investment to you apparently as I can, and leave the choice of investing or not to you.
So as to avoid blame games.

[Yamifoud]

Why coerce someone into what they have no interest in! Knowing full well that when people get involved into something through the use of force or pressure they end up putting the whole blame on you well it didn't worked out well instead of seeing things from the other perspective, like,what if it had worked out well.

To me it's more preferable to introduce the cryptocurrency investment to you apparently as I can, and leave the choice of investing or not to you.
So as to avoid blame games.

Putting them under pressure gives no help but instead, it was a burden to them and they will blame us if they will lose. It should be their will and willingness, we let them make decisions, not us. Our role is to help people to understand the nature of the market and change their minds about thinking Bitcoin is a scam thing, a Ponzi scheme. To enlighten them and share good ideas is enough for them to understand and possibly encourages them to invest. This is the best way to help them decide to invest and interested in knowing more about Bitcoin.

[sheenshane]

Putting them under pressure gives no help but instead, it was a burden to them and they will blame us if they will lose. It should be their will and willingness, we let them make decisions, not us.

This!  This is the reason why I didn't even force anyone to adopt Bitcoin or invest in it without any of their knowledge because I know it's hard for them to understand how useful this technology is to us, I'm not telling first the profit because they might be chasing this without even understanding how volatile works.

Usually, I hate convincing people to invest in crypto, but showing them that I'm successful on it and letting them first understand how it will work might be a good step towards embracing this technology.

Back then 2018, how many scams have been reported because the number of crypto investors has been increased without proper knowledge of it. 

[pooya87]

I personally don't ever tell anyone to "invest" in bitcoin. In fact I intentionally avoid using the term whenever I speak about it and even if someone mentions it I would guide them away from "investing" in bitcoin because I believe bitcoin is a currency and should be treated as such. To beginners it should be seen as THE decentralized censorship resistant currency then the increasing value of this currency should be the secondary incentive.

That way you'll educate people who understand the technology and can see the potential on their own. Automatically that means they won't panic each time there is some FUD feeding them lies and causing some temporary drop.

[cryptoaddictchie]

What about your own safety and the safety of your family if some local criminals only suspect that you are storing a significant amount of BTC?

This is also what Im thinking before telling others about it. There may come a time that you disclose your btc holding to some of your friends since you well caught up with their interest and this is quite dangerous, since we never kniw the kindest guy you knew is the one wholl eventually have hidden agenda for your bitcoin. Im not saying it could happened but anything is possible when huge money is involved.

[Lucius]

Im not saying it could happened but anything is possible when huge money is involved.

This is unfortunately true, and I know of many examples of very close friends and relatives being caught robbing their friends and relatives with whom they were on good terms. I remember one example from my country when the owner defended himself from the burglars who attacked him, shot one of the attackers and when he took off his mask he was shocked, he killed his brother's son who was in his house the day before.

Things have changed completely since the BTC was worth tens and hundreds of $ and no one really cared about it, until today when even having 1 BTC means you have a value of almost $50 000, which in my country is the amount for which a worker with a minimum wage earns in about 10 years, and I do not live in a third world country (although it sometimes seems so) but in a prosperous EU.