Let them make the choice of bitcoin

[Cryptomiles1]

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.

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[D ltr]

Convincing people to invest in bitcoin is difficult especially for people who are unfamiliar with bitcoin. they will think 2-3x if they want to invest, especially if we provide information on the worst risks that can be obtained by investing in bitcoin.
but we can't force everyone to invest in bitcoin, because everyone has a point of view to invest what they think is a small risk or even has no risk at all

[KaliLinux]

Why do you even have to convince anyone to invest in anything? Investment advice seems to me like you are guaranteeing the person that they will be making a profit from their investment which might not turn out to be so that is why you see sometimes people leave the quote after their post, "this is not an investment advice"
In terms of Bitcoin investment, someone introduced me to it as well however, it was my sole decision to invest in it after understanding a bit about what it is and I have been in it ever since.
It is obvious that people that still introduce Bitcoin to their friends and families like this probably still don't understand Bitcoin cos to me if they did and spoke to them about what they should know before investing, then they might not have ended up at the police because he knew what he was getting into.

[Nwada001]

Ordinarily, I don't walk up to people, trying to convince them to invest in Bitcoin. Instead, I only share information about how amazing the technology is and let them know what can come of it. If by any chance anyone walks up to me and wants to invest in Bitcoin or any other crypto currency, I usually let them know the risks involved. I go as far as telling them investing in crypto is just like gambling, wagering your fund over a game; if it plays in your favor, good for you; if it doesn't, you count it as your loss. The only difference between crypto investment and gambling is the fact that you can only calculate a loss if you have sold out your holdings; if not, the market can turn around anytime for your good.

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, .

This is where the problem lies. The friend was just interested in inviting him over to crypto without listing the risks involved, as if it were an affiliate that he ought to gain from every invite. So far as the invitee did not explain the risks involved, he has the right to request a refund or file a suit. He deserves what he is accused of because he was so wrong in the first place trying to convince someone without any idea that crypto is not a means to fast money.

[Zlantann]

There is no business that is void of risk because all businesses have some amount of risk. It's not bad to educate people about Bitcoin and tell them your personal experience, but you let them decide on investing or using the coin. I always refer people to bitcointalk to learn. People also inform others of how the price of bitcoin kept rising but fail to tell them about the bearish run. People need to know the risk associated with investing in bitcoin so that they will not see it as a stable sector or a get-rich-quick scheme. Indeed, people are always attracted by the gains they feel they can make but they must get some cardinal information before investing.  

[Yamane_Keto]

the problem does not lie in investing in Bitcoin, but rather when, everyone gets upset when prices rise and starts buying and fears when prices fall and panic prevails.
Convincing people is easy when they see people earning money without making it difficult, and difficult when stories start that there are people who lost their money, so it is a matter of timing, when to buy and when to sell.

 - Yamane_Keto

[DanWalker]

I don't even want to share bitcoins with other people, let alone spend time convincing someone to invest in bitcoin only to get a rejection, disparagement, and sometimes even say I'm trying to scam them. I stopped doing it because I had previously tried to share this opportunity with my loved ones but what I got in return was ridiculed.

Honestly, now I've had some minor success with bitcoin, and they know about it, but I never want to share or convince them again.I don't want to be called a scam if they lose their investment through my advice.

[tranthidung]

Do you think is the right thing to convince someone to invest in bitcoin?

No, it's not the right thing and sorry first but I have to say it's one of most stupid things to do.
You don't have to convince anyone to invest in anything including Bitcoin. It's their money, it's their brain and it's their responsibility to do their own research and make decision.

Why do you think you have to convince someone to invest in Bitcoin?

Are you responsible for their loss (not say about profit)? I am sure you are not responsible for it and you know Bitcoin market is harsh for newbies who will be eaten by Mr. Market.

Are you ready to listen to their complain about their loss in future? If your answer is no, let's don't start it at beginning.

Lastly, don't think of taking their money and invest in Bitcoin on behalf of them. They will call you whenever they read fuds and see Bitcoin crashes.

[Cantsay]

They're sometimes when you're trying to convince someone to do something it'll feel as if you're forcing them to do that thing. Same also applies to Bitcoin, I feel letting them know that something called Bitcoin exist and enlightened them on how it works, the advantages of using Bitcoin and also the challenges that they may face when they start using Bitcoin, and if they buy the idea of Bitcoin and decide to invest in it that's their luck, but, if they don't like it then it's fine by me I have no issue with them refusing to adopt Bitcoin after all you can force someone to make a decision they never wanted.  

[Zaguru12]

There is a clear difference between convincing someone to invest into bitcoin and spreading bitcoin knowledge or awareness. Many people mix this together, they convince people to venture into bitcoin trading and while doing so they only spread the profitable part of it and leave the risk out of it. With this people get into bitcoin with wrong intentions and end up losing more than they could afford to lose. Spreading bitcoin awareness isn’t bad because those interested will do there own research

[Rruchi man]

There is no business that is void of risk because all businesses have some amount of risk. It's not bad to educate people about Bitcoin and tell them your personal experience, but you let them decide on investing or using the coin. I always refer people to bitcointalk to learn. People also inform others of how the price of bitcoin kept rising but fail to tell them about the bearish run. People need to know the risk associated with investing in bitcoin so that they will not see it as a stable sector or a get-rich-quick scheme. Indeed, people are always attracted by the gains they feel they can make but they must get some cardinal information before investing.  

I know how I feel when someone keeps putting me under pressure to join something new, I always ask myself if this person cares about me this much or stands to gain something which in most cases I find out to be the situation. When you put much pressure to convince people to bitcoins, you make it more like there is something you are hiding, or there's something you stand to gain from them joining, which is why you must careful. Trying very had to convince people can seem good to you, but maybe to them, you are just making them have their doubts. Tell people when possible about bitcoin and leave the choice to invest in bitcoin with them.

[Adbitco]

Well i feels very bad when people usually says i convince my uncle or my father or even their relatives to invest in bitcoin without thinking what the outcome would results to, they might be relatives who might likely take any form of risk because they knew you very well but i don't think others who don't know in any way could as well take such risk when if they noticed what they were convinced of isn't making any progress. Just as what OP said on the story line. It's not advisable to convince them, but rather give them the principles and why they should involved themselves with the latest happening around the globe., Inasmuch we do need the urgent max spread of bitcoin they (we) should try our best by keeping everyone on a transparent lane.

[PIMPdev]

I think convincing people isn't worth it. It should be the choice of a person, or else they'll blame you for their mistakes, at least if they aren't aware enough. And I think it's a too big responsibility to decide what other people should do with their money.

[Lucius]

Why do you even have to convince anyone to invest in anything?
~snip~

Unless someone is a financial advisor, I really don't see why anyone would mess with other people's personal finances. I know that people usually have good intentions because they want to help someone to profit from investing in Bitcoin, but if you want to help someone, then first of all try to explain all the advantages and risks, and then leave the final decision to the person whose money is at stake.

The bottom line is that you don't go around talking to people about Bitcoin, because not only can you be accused of promoting scam/ponzi schemes (because some people have that attitude), but you can put yourself and your loved ones in danger - you talk about Bitcoin, which means that you probably own it.

[crunck]

If you are willing to take a loss for them and their criticism, you can convince them to invest. If not, don't waste time with them, because if they invest according to your advice, when they make a profit they will not remember you, but when they lose or lose money they will blame you. For me, giving financial advice is a bad idea.

[Solosanz]

What's the point of this thread?

There are a bunch thread created where users create a new thread where they are encourage and convince or discourage to invest in Bitcoin, you will see many users are giving their own opinion about it. Actually what you're saying above is just your own opinion and you can just post in those thread which has been existed in this forum.

[Cryptomiles1]

Why do you even have to convince anyone to invest in anything?

Please I would love as much as possible for you to respond via the post, seems you are referring to me. I created this topic in respect of what I saw around me and I decided to share here to avoid people convincing their friends to invest in bitcoin without due diligence and understand about the latest happening. You respond makes me feels you are pointing at me directly. Maybe when next you could say "why would they even have to convince anyone to invest in anything" please take the correction and not me convincing people to invest.

[348Judah]

Do you think is the right thing to convince someone to invest in bitcoin?

I can't remember the countless times a question like this have been raised on bitcoin discussion board and beginners and help section, you are not to convince them, let them decided on their conviction, inform them and teach them about bitcoin, because for everything there's always a side effect in which if you persuade them to invest by all means and make mistakes from their end, you will bear the consequences because they will put the blame on you for referring them to something that us risky, therefore let them understand the risk also before investing, you are meant to teach both the good and the other side of it and you're doing this not to discourage them but to make them independent for themselves in taking responsibilities.

[Flexystar]

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.

This is about every one's choice. Telling someone to go to this forum and that forum is also risky these days. People has got this habit of poking us back when they fail at something. Tomorrow it may happen that you referred somebody here. That person mate someone or invested in some shitcoin project but eventually it turned out to be the scam project. Who would be responsible for this? No matter how much we tell someone that it is at your own risk, they will always at some point blame us. Its funny, but it gets as serious as your story here.

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..

Just look at the context here. After reading itself gives me worst feeling of being in the place to guide someone into the crypto OR basically in any type of investment opportunity. It is better that they come to this point by all themselves. If there is really true story and they failed due to genuine reasons I am all set to help them out with it but if it is vice versa then man, I am no help to such people who are blamers.

Who gamble with the money of their parents really? Imagine what that woman must be going through right now. She might have mothers heart but come on man, it could have taken her years of hard work to save that money. She must have thought to use it as her retirement journey but turns out it's scrambled now.

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.

Bitcoin or lets say all the crypto currencies, anyone can come and get it. Better keep it that way.

The scams and blames are increasing day by day. There was time when my friends and whoever guided me back in the time were true to the point about all the risks. I never blamed anyone if I have lost any trade or gotten into trouble of ponzi schemes or lost money over crypto gambling.

There should be no guidance these days because of what happens later.

[coupable]

Why do you even have to convince anyone to invest in anything?

Please I would love as much as possible for you to respond via the post, seems you are referring to me. I created this topic in respect of what I saw around me and I decided to share here to avoid people convincing their friends to invest in bitcoin without due diligence and understand about the latest happening. You respond makes me feels you are pointing at me directly. Maybe when next you could say "why would they even have to convince anyone to invest in anything" please take the correction and not me convincing people to invest.

Don't worry about answering every idea that comes to anyone's mind. Each member has the right to think as he wants, and no rules or laws can prevent him from spreading these ideas.
The rest of the members who wrote their answers and contributed to enriching the discussion know your good intentions by raising this topic. In the end, these are not recommendations or investment advice. Opening the door to discussion does not mean deceiving anyone. Please do not care about them and do not bother to respond.