I have started teaching Bitcoin to my Neighbors

[laurenB7742]

what you are doing is very good teaching the people closest to you, especially if they are unemployed and my heart is also moved to start inviting my friends who are unemployed to invite them to start learning to invest in the crypto world, especially bitcoin, but you also don't forget teach them about crypto (bitcoin) investment risk management so they don't panic when a loss hits them. and don't forget to tell them it's a good and safe platform to invest in.

I think the OP will give them all material related to crypto especially Bitcoin and will also tell them about how to deal with risks when panic comes suddenly when bad changes in the market occur. However, it will be more specific if the teaching uses the internet and several models of devices that can be connected to the internet so that they can more easily receive knowledge from the people who teach them at this time.

Because without the internet or devices that can connect to the internet, it will be difficult for them to understand even though there is a little explanation in writing, but they can only listen and pay attention to whatever the OP explains, but can't run it directly because it is hampered by the absence device in front of them.

As far as he shows us, he is just teaching the most basic things about bitcoin like the concept, benefits and some outstanding features of bitcoin. In this case, it is not necessary to use the internet and the good thing is that they have carefully recorded everything, it is quite manual but in my opinion this will help them remember longer.

Bitcoin is a method that requires internet to use and it will be very difficult if they cannot access or use bitcoin once, it is difficult for them to fully understand bitcoin. Hope OP has prepared those for later lessons.

[virasog]

what you are doing is very good teaching the people closest to you, especially if they are unemployed and my heart is also moved to start inviting my friends who are unemployed to invite them to start learning to invest in the crypto world, especially bitcoin, but you also don't forget teach them about crypto (bitcoin) investment risk management so they don't panic when a loss hits them. and don't forget to tell them it's a good and safe platform to invest in.

I think the OP will give them all material related to crypto especially Bitcoin and will also tell them about how to deal with risks when panic comes suddenly when bad changes in the market occur. However, it will be more specific if the teaching uses the internet and several models of devices that can be connected to the internet so that they can more easily receive knowledge from the people who teach them at this time.

Because without the internet or devices that can connect to the internet, it will be difficult for them to understand even though there is a little explanation in writing, but they can only listen and pay attention to whatever the OP explains, but can't run it directly because it is hampered by the absence device in front of them.

As far as he shows us, he is just teaching the most basic things about bitcoin like the concept, benefits and some outstanding features of bitcoin. In this case, it is not necessary to use the internet and the good thing is that they have carefully recorded everything, it is quite manual but in my opinion this will help them remember longer.

Bitcoin is a method that requires internet to use and it will be very difficult if they cannot access or use bitcoin once, it is difficult for them to fully understand bitcoin. Hope OP has prepared those for later lessons.

The best thing which anyone can do for bitcoin adaption is to teach his/her family, friends, near and dear ones about bitcoin. The more spread awareness about bitcoin, the better it is for everyone. Also, this is a chain, we teach one person about bitcoin, he tells another person, and so on and on.
What if everyone one of us teaches one or two people minimum, we can't imagine how powerful can be the overall impact by this action.

[beej]

I did this once with my office mates and some other
close personnels at another department years ago,
they listened and some had a grasp of the potential
bitcoins and cryptocurrency have, but most were quite
doubtful. I understand the doubt way back then,
but a lot were so skeptical and were hard to persuade.
Some years pass by and I encountered the skeptic
ones and they were all over it, investing and even
trading on some platform available in my country.
That was when bitcoin hit $30k, it peaked at 40k
that year I believe. No matter how much you teach
it’s entirely up to these individuals on how they tend
to invest and dive into the market based on their
understanding and knowledge. Risk is a factor that
everyone must take into consideration, since it still
is highly volatile, but with some luck and smart
choices it can be very rewarding.

[danadc]

Are there still people who haven't heard of bitcoin today? Yes, of course, there may be people who have not heard of it, but it doesn't make much sense to me that people who are interested in trading or investing are not aware of bitcoin. In the country I live in, I can say that everyone knows bitcoin, except for children and the elderly.

Majority of the youth knows about bitcoin even if some don't have better knowledge about bitcoin. Where people may not even know any thing about bitcoin may be in a rural area, where people don't fully have access to Internet, they may be hearing about but don't really know  it purposes.

Some of my neighbors are somewhat older, and they have children who work in the USA, and they send money through payment processors or through banks, where they can't enjoy all the money because the fee they charge is quite a lot, also in the banks. they usually ask a lot of questions when it is more than 1000USD, but when I told them about bitcoin and that they can send it through Bianance, from localbitcoins, they realized that it is much better to do it that way because they do not take money from them and they no longer have problems with the banks, because I got a place where they deposit them through the bank and give them the cash, they are delighted.

[qwertyup23]

I think by basing it on your name, I assume that you are Filipino? I would like to give my congratulations for you for taking the next step in introducing BTC to your fellow kabayans! I have a question, so how was their reaction? Was the teaching method gave some enlightenment to your students? Were they also attentive and willing to listen on this innovative feature?

I seriously hope that they join this forum as they will also learn at least almost every thing under the sun about cryptocurrencies. While it may be confusing at first, at least they got a head start from your discussion. Congratulations, kabayan!

[dunfida]

I think by basing it on your name, I assume that you are Filipino? I would like to give my congratulations for you for taking the next step in introducing BTC to your fellow kabayans! I have a question, so how was their reaction? Was the teaching method gave some enlightenment to your students? Were they also attentive and willing to listen on this innovative feature?

I seriously hope that they join this forum as they will also learn at least almost every thing under the sun about cryptocurrencies. While it may be confusing at first, at least they got a head start from your discussion. Congratulations, kabayan!

When it comes on introducing something new into someone then it would be normally be divided into two possible reactions whether some might be interested and some would just simply ignore it but if we do speak out

generally on how to make money then pretty much sure that people would really be directly be interested on what are the things that someone would be introducing or telling into them and would directly engage out.

As long money talks and how to earn money then majority of us would really become interest but as a neighbor or someone who do share up opportunities then its always been suggestible on always
explain about the risk so that you wont really be ending up on been blamed.

[LegendaryK]

Any of those neighbors start asking you why BTC was at ~$24K when you told them about btc and now ~$19K?

Any of those neighbors ask you what happens to BTC , if the US government bans PoW?

 

[mich]

Yes, my neighbor knows I am into Bitcoin and we talk about it from time to time, mostly my neighbor likes to ask me when it's in the news. He likes to ask me my opinion and I always tell him it’s best to buy the dip and hold it for years to come.

I explain to him as well how easy you can purchase Bitcoin from the Coinbase app or Binance app. And gave him a couple of links to start learning about Bitcoin https://www.youtube.com/watch?v=41JCpzvnn_0 & https://www.youtube.com/watch?v=s4g1XFU8Gto

[BTC2daIzzo]

This is really wholesome! Well done for fighting the good fight and teaching those eager to learn!

[wmaurik]

This is really wholesome! Well done for fighting the good fight and teaching those eager to learn!

You can also learn from experienced people if that person cares and wants to teach others about Bitcoin. Because in my place very few people want to teach others about Bitcoin, either because they don't have the time to teach, or they just don't want to teach others because it's related to the internet and money.
I also don't know because I am very rarely in the group of people who are stingy with knowledge here.

[Chilwell]

This is a nice development, because it is very important for everyone to know bitcoin. Bitcoin is a number one crypto in the all world, if anyone can learn from Mr. Magkaisa than the world will turn to bitcoin. Starting from the people around you first. Thanks for encouraging me I have learn a lot.

[rendravolt]

Man, you are the MVP for your family. I might have a hard time explaining bitcoin to those closest to me. Seeing what you did I was very impressed with using the whiteboard and explaining in detail.

[Ben Barubal]

     This is one of the good moves made by OP, that the style he showed to understand and get the meaning of Bitcoin differently was effectively based on his narrative here. And the funny thing here is that young adults themselves have shown interest in knowing what bitcoin is and how it can help them in the future.

And it looks like OP didn't disappoint them either, he did it well, I have seen some people in this forum who taught bitcoin but I can say that OP's is okay compared to others because he made the explanation of bitcoin easy, and simple.

[Tommiewill]

If the other party is interested, you can teach them. Don’t teach others about cryptocurrencies if they are not interested. Although your starting point is very good, you can let more people understand Bitcoin and understand the cryptocurrency market. The cryptocurrency market can make you money and it can make you lose money. Be sure to clarify this issue before they enter the cryptocurrency market. Otherwise they will blame you after losing money.

[Margaretv]

Well, first of all, I would like to thank you . I have heard an old proverb that says:
"Anyone who teaches me something, he's like my father, and I have to respect him."

I see that most of your friends are young and that's great. Young people always have newer and better ideas. Who knows, maybe one of these guys will be influential in the future.
But I have a suggestion for you. One of my teachers said:
The best way to learn is "learning through videos."

If you have meetings in the future, you can use many videos from YouTube. Anyway, I'm glad to see you've invited people into the crypto family.

I don't think the author is a technical person or a code writer, and most of the teaching is theory and logic. Because what I usually introduce to my friends the most is how to buy? How to store your own digital assets in the wallet? How to store your own assets more securely? How to use a centralized exchange? How to maintain a good attitude, and so on.

[worle1bm]

I don't think the author is a technical person or a code writer, and most of the teaching is theory and logic. Because what I usually introduce to my friends the most is how to buy? How to store your own digital assets in the wallet? How to store your own assets more securely? How to use a centralized exchange? How to maintain a good attitude, and so on.

You don't need to have all the technical skills to explain btc to someone and if you are educating someone with no such knowledge then starting with the basic things about btc is best way to make them understand what it actually is.This includes explaining what is btc and how we can have control of our funds,how to use wallets and make transactions and most importantly how to avoid centralised exchanges as not your keys not your coins so they learn it from starting and have funds safe with them.You don't need to be technical for this and can educate others as well in the manner OP has done.

[TungTresa]

I'm glad that so many friends have joined the crypto world because of your introduction.
But I want to tell them that bitcoin is not going to help them get rich quick, and I hope they won't be disappointed.

[wmaurik]

If the other party is interested, you can teach them. Don’t teach others about cryptocurrencies if they are not interested. Although your starting point is very good, you can let more people understand Bitcoin and understand the cryptocurrency market. The cryptocurrency market can make you money and it can make you lose money. Be sure to clarify this issue before they enter the cryptocurrency market. Otherwise they will blame you after losing money.

What you say is very true, because I have seen a teacher of something who was ultimately blamed when there was a sudden disaster in what he had taught others. And for examples of cryptocurrencies that have been widely circulating in the market, I think it is very suitable to be given an understanding in as much detail as possible so that those who teach them are not blamed in the future.

Because those who want to learn to make money through the cryptocurrency market must be able to take a wise attitude and make the right decisions before they enter the market. Because it's all based on his own heart's desire, not on the basis of coercion from others.

[xSkylarx]

I'm glad that so many friends have joined the crypto world because of your introduction.
But I want to tell them that bitcoin is not going to help them get rich quick, and I hope they won't be disappointed.

It should be one of the lectures or advice that he will tell to his neighbours as we all know that when we say bitcoin, it is we get rich immediately because of its price, so they should be aware of it, or the lecturer will say about it, I am sure they will know it over the time when they continue their bitcoin journey. I am hoping they will continue learning as that is the stepping stone to start learning bitcoin, and eventually, they can earn profit soon. It could help them financially and also gain some knowledge of it that they can use in the future.

[Yatsan]

If the other party is interested, you can teach them. Don’t teach others about cryptocurrencies if they are not interested. Although your starting point is very good, you can let more people understand Bitcoin and understand the cryptocurrency market. The cryptocurrency market can make you money and it can make you lose money. Be sure to clarify this issue before they enter the cryptocurrency market. Otherwise they will blame you after losing money.

What you say is very true, because I have seen a teacher of something who was ultimately blamed when there was a sudden disaster in what he had taught others. And for examples of cryptocurrencies that have been widely circulating in the market, I think it is very suitable to be given an understanding in as much detail as possible so that those who teach them are not blamed in the future.

Because those who want to learn to make money through the cryptocurrency market must be able to take a wise attitude and make the right decisions before they enter the market. Because it's all based on his own heart's desire, not on the basis of coercion from others.

This is why I think it would be better to disclose the risk first before you fill them with the advantages of something. It would be much better for them to be exposed of the danger than to be eaten by the good things on their early stage, because it might make them greedy or create an impression to them that it would be easy earning profit in this industry. We've came across investors who regret engaging to this industry simply because they are not fully aware of the risk. If you are interested into something you should see both good and bad sides before deciding whether to continue or not. To be one sided means you are endagering your wealth as well.