Let them make the choice of bitcoin

[michellee]

If you feel convincing people are more difficult, you don't need to do it and let those who come to you ask for an explanation of Bitcoin. If you keep trying to convince others even though they don't want to know about Bitcoin, you can disagree with that person and will cause damage to your relationship with that person.

I had experienced it before with a friend but he was still uninterested and even said that Bitcoin was a fraud. And finally, I gave in to him and changed the topic to other things. It's clear he is not interested and we don't need to continue the conversation about Bitcoin and let him decide.

[Asuspawer09]

Do you think is the right thing to convince someone to invest in bitcoin?
Okay, from my understanding and sense of reasoning I don't think is ideal to convince people to venture into bitcoin without their self willingness.

What do I mean by self willingness?

I have came across two individuals having a serious dispute over convincing him to invest in bitcoin with his little saving around my neighborhood, lemme clear something here, there are some people who invested in bitcoin without them knowing there is a place they called a bitcointalk forum, maybe those people venture into bitcoin by just buying and hold on centralized exchange where they thought is very easily for them to control and sells off without immediate delay.

As the story continue, so he said of his friend should pay him back of the money he invested during the bull and it happens that what he invested was down by 60% or even more where he feels unbearably for him to wait more further, he went on saying he's friend should come pay him all his invested money since the price refuses to get back to previous price and he is wanting to use this money for long, to crown it all, he also temper with his mother's funds thinking it would increase more, little did he know the market would dropped unpredictably. Well it's a very long story where the investor reported the case to our local police authority and he was arrested for fraud after paying him back he was released, keep in mind i just try to shorten the whole story but my aim of posting this is to know whether is it good to convince people to invest or not..

At this point something came into my mind of sharing here to let people know whether is good to convince people to venture into bitcoin investment or not.
Now, before doing whatever you think is right of doing, try as much as possible not to convince anyone to invest into bitcoin, as it may be people don't always think of disadvantages rather, they are being carried away with positive sides of the talk without knowing the side effects of the bear market.
You can go teach whomever that you wishes to teach, give them reason why they should invest and the other reason why they shouldn't invest if their heart is not yet ready, and let it be they are ready to accept all lost that may arose or arise at any given point than just convincing them to invest without detailing it properly to them in as much as we want a max adoption, also try your very possible best to abstain yourself from being tag and called scammer or a fraudster. Always wait for their feedback and willingness before you could just tell them to start buying bitcoin or holding bitcoin.

Do not convince anyone rather, give them the reasons and benefits of holding bitcoin which includes the advantages and disadvantages, reason because your understanding towards bitcoin and digital money, innovation aren't the same with those who are not mentally developed.

The floor is open for everyone to discuss about their thought and feelings towards this.
Note; I don't intend to discourage anyone from spreading the max adoption of bitcoin and cryptocurrencies at larg.

I mean why would you convince them to invest, I guess it's better to teach them what cryptocurrency and what bitcoin is, than how risky investing in it is going to be, you know there's no point in convincing someone to invest in bitcoin because at the end of the day, it's their own money or funds and they can do anything that they want on it after explaining and teaching them what bitcoin is then they could decide if they are going to invest on it.

Understanding the risk of investing in cryptocurrency means they accept that at some point they are always a chance that they could lose their money, so there was no responsibility unless they were some kind of investment scheme where they actually ask people for investments and then promise a percentage on your investment.

I guess it is just that people get blinded by the profit and investment since some people get lucky thinking that they will be lucky as well, people convince them and says that it is guaranteed to earn which is not then in the end blame.

[kamvreto]

~snip~I had experienced it before with a friend but he was still uninterested and even said that Bitcoin was a fraud. And finally, I gave in to him and changed the topic to other things. It's clear he is not interested and we don't need to continue the conversation about Bitcoin and let him decide.

Your friend still doesn't understand Bitcoin, maybe he just thinks bitcoin is a digital currency that will disappear and be worthless. If he's never interested, then let it be. He will withdraw all his words when he finds out about the development of bitcoin when it reaches a new ATH later. The most important thing is that you are sure and believe in bitcoin that bitcoin will continue to grow.

[kryptqnick]

The text is written a bit confusingly in the op. Was is the guy who was convincing to invest that was forced by the authorities to pay the guy whose investment was down? I honestly don't see why that happened. After all, financial decisions are ultimately made by individuals and unless there was some liability contract that forced the guy who recommended the investment to compensate for the losses, I can't see how he could legally be forced to do that. But, in any case, nobody should be convincing others of making financial decisions, convincing to buy Bitcoin or anything else. Such decisions must be personal and the investor must realize the personal responsibility for investment choices.

[AnonBitCoiner]

Convincing others about bitcoin is not bad idea but you cannot convince other person if you have not seen any good results from it. I think that business opportunities should be shared with one another because now the situations are so hard and no one can manage their life facilities so helping others will be good option.

You can give knowledge about bitcoin to anyone buy you cannot convince that person because without evidence not one will believe. In my opinion  giving knowledge about bitcoin is not bad idea because some will get help from it and they will probably having advantage and due to this profit they can make their life easy.

[CryptSafe]

I think it is a personal choice mate. Convincing someone is more like trying to change the person's perspective and mindset towards something which the person has not really put his or mind in. Sometimes such act can lead to regrets in the nearest future depending on the motive by which it was done. Come to talk of bitcoin, many people are still skeptical about it's origin and are mindful about it as bitcoin can not be traced to a source of origination  and also, the  volatility of the market  scares them away. All these factors put together might likely piss off some one who has no knowledge about bitcoin.

Convincing someone who has no knowledge about bitcoin can be very frustrating and tasking because you would need to making sure the person understands which requires your extra effort but if  the person show's a sign of interest then teaching that person would be no problem because already the interest of that person already aroused to listening to you. That would be very easier to handle.

 Let me use myself as a case study. I was with my friends  some time past and we were discussing about technology and innovation. We talked about finance evolving into technology and I thought of it as an avenue to talk about bitcoin and as I made mention of bitcoin, all eyes were on me listening and after I finished discussing already they had picked interest and started asking me questions I had to put them through and right there we entered a practical session for which I explained everything to them. I was open to them putting them through.
After everything they thanked me and was very happy for the insight they had gotten about bitcoin and in total, they were 15 including myself. I was happy I used the right opportunity which availed itself to do the needful as I am making this post, they are all fully holding bitcoin and are still acquiring more. As you can see, I did not convinced them but it was their state of mind at that very moment and the nature of our conversation that resulted to it.

[Adbitco]

snip

I mean why would you convince them to invest..

I don't think you really gets the op point, from his post here op is trying to advise people over here not to convince anyone to invest in bitcoin due to what he or she witnessed. From the post here I sense that is what op is trying to say, he didn't practically wanting to convince anyone to invest rather want to expressed what he saw around him that made him ran to this forum to also share to people not to convince anyone to invest in bitcoin.

[bitgolden]

If you feel convincing people are more difficult, you don't need to do it and let those who come to you ask for an explanation of Bitcoin. If you keep trying to convince others even though they don't want to know about Bitcoin, you can disagree with that person and will cause damage to your relationship with that person.

I had experienced it before with a friend but he was still uninterested and even said that Bitcoin was a fraud. And finally, I gave in to him and changed the topic to other things. It's clear he is not interested and we don't need to continue the conversation about Bitcoin and let him decide.

I agree, of course there are methods like you could explain it in a way that you do not even want to explain it, like make it look like they are the ones who wanted to learn about it in the first place, which is a conversational trick and I have done it before in other topics, but even that's not really a big deal and wouldn't help.

People must ask you these questions in order to have a natural affection towards it, because if they are the ones who come to you and ask these questions then you know what you are doing and you should be fine, and they will be happy to learn more about it, but if that's not the case, and if they are hearing it without wanting to learn more about it, that's bad.

[Natalim]

Do you think is the right thing to convince someone to invest in bitcoin?
Okay, from my understanding and sense of reasoning I don't think is ideal to convince people to venture into bitcoin without their self willingness.
...

Convince people? Not I do that unless they show some interest in the crypto world and curiosity about Bitcoin.
If someone approaches me asking about this, I should not answer whether it was a good investment or not but rather educate them and give them an idea of what will happen. Because willingness and courage will just come out when they fully understand Bitcoin but until they still living in the doubt, changing of minds may occur. And I like to see people investing that carry positivity in their minds, not worries.

[Bushdark]

If you feel convincing people are more difficult, you don't need to do it and let those who come to you ask for an explanation of Bitcoin. If you keep trying to convince others even though they don't want to know about Bitcoin, you can disagree with that person and will cause damage to your relationship with that person.

I had experienced it before with a friend but he was still uninterested and even said that Bitcoin was a fraud. And finally, I gave in to him and changed the topic to other things. It's clear he is not interested and we don't need to continue the conversation about Bitcoin and let him decide.

We don't need to force anyone to learn about Bitcoin because if they do not have enough understanding about the market and they eventually make loses by buying high and selling low then that means they are going to blame us for there loses because they made the mistakes because of there impatient to sell and have there fund. If the market is fluctuating many newbies investors may find a tiny opportunity for them to sell because they are scared and do not know what the market could do in the next move.

[serjent05]

Do not convince anyone rather, give them the reasons and benefits of holding bitcoin which includes the advantages and disadvantages, reason because your understanding towards bitcoin and digital money, innovation aren't the same with those who are not mentally developed.

Isn't giving them the reason and benefits of buying and holding bitcoin convincing?  I do not think it is wrong to convince people of investing into Bitcoin.  We just need to make sure that despite of all the positive talks and vibes we give, we let them know the risk and possibilities of failure of the said investment.  Taking responsibility of fully informing the person we wanted to influence into investing in Bitcoin is a must because no one is to be blamed if the person invested because of our influence suffers losses but us.

So if we want to convince someone, make sure they are fully informed of all the consequences and ask them if they are willing to take those risks after knowing them.

[Rockstarguy]

Convincing people to invest in bitcoin means to force them to invest without having any interest to invest. Instead of convincing people to invest in bitcoin,  it is better to teach them bitcoin and the reason why bitcoin is important in this modern aga. In making people to have understand bitcoin it will make them to develop interest in learning bitcoin more and if they eventually take decision to invest they will not hold anyone responsible for their lost like when they are forced to invest.

[bitcoindusts]

Convincing people to invest in bitcoin means to force them to invest without having any interest to invest. Instead of convincing people to invest in bitcoin,  it is better to teach them bitcoin and the reason why bitcoin is important in this modern aga. In making people to have understand bitcoin it will make them to develop interest in learning bitcoin more and if they eventually take decision to invest they will not hold anyone responsible for their lost like when they are forced to invest.

There is a thick line between convincing and forcing them to invest.  This two action is not similar. Convincing them is "to make them believe that something is true" while forcing them is coercing them.  There is a huge difference from convincing and forcing since forcing use power which what coercing is about.  So it is not right to say that convincing them is to force them to invest even without interest.  Convincing is like to make them have interest.

[Zorigi]

we will not be able to force someone to invest in bitcoin, because investing in bitcoin is very risky.
so the point in this case is that when we invite someone, don't just tell them what's sweet, tell them what's bitter too.

[Charmekkd]

lots of people are interested in investing in bitcoin but it's very unfortunate because most people always only see the positive side, and don't see the negative side.

and indeed investing in bitcoin must have a will of oneself
and there is no element of coercion. and have to use idle money to invest in bitcoin.
so that in investing our feel comfortable even though the price has fallen.

[m2017]

It is absolutely wrong to convince someone to invest in bitcoin. Such obsessive actions will only alienate people who are interested in it.

I admit the option when you can tell others about btc. From the point of view of technology, opportunity and future prospects. That is, it is more of an educational activity, rather than agitation. Everyone must decide for himself whether to buy or not to buy bitcoin. Without extraneous pushing.

[Bazzu]

In my opinion, convincing people to invest in bitcoin is not very good, because we can be blamed when they experience losses investing in bitcoin,

because the first one is that we have to teach a lesson about bitcoin, and the risks of investing in bitcoin, to someone if we want to invite them, but with one condition, namely don't convince people to invest in bitcoin. and let him choose his own path.

[fuguebtc]

Convincing others about bitcoin is not bad idea but you cannot convince other person if you have not seen any good results from it. I think that business opportunities should be shared with one another because now the situations are so hard and no one can manage their life facilities so helping others will be good option.

You can give knowledge about bitcoin to anyone buy you cannot convince that person because without evidence not one will believe. In my opinion  giving knowledge about bitcoin is not bad idea because some will get help from it and they will probably having advantage and due to this profit they can make their life easy.

No one is saying that sharing bitcoins with others is wrong, but the problem here is that some people don't want to share it with others because not only are they not thanked, but they are also called scammers for sharing about bitcoin. When you give others a chance, but they see you as a scammer, laugh at you. Will you continue? I won't do it a second time.

I just agree that providing knowledge about bitcoin is the right thing to do if someone wants to learn about bitcoin. But never give someone financial advice if you don't want to be blamed.

[Cryptomiles1]

It is absolutely wrong to convince someone to invest in bitcoin. Such obsessive actions will only alienate people who are interested in it.

I admit the option when you can tell others about btc. From the point of view of technology, opportunity and future prospects. That is, it is more of an educational activity, rather than agitation. Everyone must decide for himself whether to buy or not to buy bitcoin. Without extraneous pushing.

It's a very bad habits wanting to convince someone to venture into what they aren't prepared for all in the name of spreading the max adoption of bitcoin, actually I was touched when I witnessed all that happened between the two friends who tried convincing other to invest thinking he would made fortune out of it without knowing bitcoin price doesn't goes as one think of even planned.

[Yatsan]

It is absolutely wrong to convince someone to invest in bitcoin. Such obsessive actions will only alienate people who are interested in it.

I admit the option when you can tell others about btc. From the point of view of technology, opportunity and future prospects. That is, it is more of an educational activity, rather than agitation. Everyone must decide for himself whether to buy or not to buy bitcoin. Without extraneous pushing.

It's a very bad habits wanting to convince someone to venture into what they aren't prepared for all in the name of spreading the max adoption of bitcoin, actually I was touched when I witnessed all that happened between the two friends who tried convincing other to invest thinking he would made fortune out of it without knowing bitcoin price doesn't goes as one think of even planned.

We do understand that some people want to share the idea that investing to this industry has an advantage in the future simply because the market price is increasing over years but it is not as simple as that. There are risks involved and inviting them is also exposing them into that chance of them, losing money. Sharing is different from persuading and encouraging someone. I myself have experienced convincing a friend before but we ended up not talking to each other because she simply blamed me when she panicked on the decline with prices way back 2018. I did mention about partial or temporary and permanent loss such as selling would also cut the chance to earn profit and best thing is to just hold. But I understood her point eventually that not all people could endure seeing their loss. If you are determined to share the idea of this technology, make sure to fill them first with all necessary informations and also, check if they can really manage the risks of investing in this technology.