Your tips and tricks to orange pill your family and friends

[Becassine]

I guess that many of you have already tried to orange pill family or friends. Personally, I've totally given up on the idea.

Some people have asked me to invest a few hundred euros for them, in which case I would have to be their banker... They don't even want to know how to install a wallet or even buy a hardware wallet. In short, I refuse to be a banker.

And you, have you also given up? Or are you persevering with unstoppable tricks?

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[Cryptomiles1]

I guess that many of you have already tried to orange pill family or friends. Personally, I've totally given up on the idea.

Some people have asked me to invest a few hundred euros for them, in which case I would have to be their banker... They don't even want to know how to install a wallet or even buy a hardware wallet. In short, I refuse to be a banker.

And you, have you also given up? Or are you persevering with unstoppable tricks?

People don't want to take risk by their selves, rather looking for whom to take risk and they hold such person for their lost. personally i myself have refused to take such risk for anyone because I know how painful its when your investments is gone or drop by some percentage you may not be able to hold it, few weeks ago i was asked to help purchase some bitcoin and the person in question doesn't have any basic understanding about bitcoin volatility all he wanted was for me to buy it and he would hold on exchange, i told him to go read about the risk of what he wanted to embarked on before i could endangered myself buying btc.

[romero121]

This happens with almost every user. We can't mistake them, because they doesn't even sign-up or does any filling of application. We need to do it for them. In such occasion they won't involve. Not the family, even the friends circle does it. Myself got into such business with a friend and my relation with him got affected. From then I strongly suggest I can't do it for anyone, I can suggest and send you guidelines, it needs to be your responsibility to buy/sell or whatever.

[Davidvictorson]

And you, have you also given up? Or are you persevering with unstoppable tricks?

My best trick to orange pill anyone most especially family and friends is by sharing my experiences in the bitcoin ecosystem with them. I found out that people love personal anecdotes and I have a lot of it because it always drives my point home. How do I do this?

I take the time to explain to them my mistakes. How initially, FOMO and FUDs almost drove my sell my bitcoins. I tell them about the time I almost got scammed and the clipboard malware that almost wiped my wallet. I give them personal use cases of bitcoin. How I paid for my laptop in bitcoin. The speed, thee convivence the transactions with bitcoin are.

I also share with them the time I took profits to solve a need, get something nice for myself and what I plan to do in the future the next time I take profit. I take the time to explain to them my mistakes. How initially, FOMO and FUDs almost drove my sell my bitcoins. I tell them about the time I almost got scammed and the clipboard malware that almost wiped my wallet.

I share with them my bitcoin investment strategy with is stress free - hodl and Dollar Cost Averaging. I tell them that they mustn't pour in their whole money into bitcoin at once. They can invest a set amount weekly, bimonthly etc. I tell them also the benefits inherent in these strategies.
 

[ImThour]

You just have to tell them that I bought BTC at XYZ price and sold at ABC price and if it's more than x2, they will simply go after you for the upcoming weeks until you teach them everything you know about how you make money on the internet with a thing called Bitcoin, that's basically how it went in my family and friends.

People want to replicate your success without replicating the hard work and time you invested to learn something new. Over the years, I learned a lot, and giving all the knowledge in a 2-3 hours meeting is not even possible.

Also, there are various posts like the Bitcoin Pizza every once in a while which says that this person bought a pizza for 10 bitcoin which is now worth millions, and people really love these types of things. They want to gamble out their money in shitcoins like Dogecoin which was initially created as a meme. In 2021, it was an actual investment for many around the globe and you can still see people like Elon Musk with such a large influence pumping and dumping that shitcoin. 

[TravelMug]

I guess that many of you have already tried to orange pill family or friends. Personally, I've totally given up on the idea.

Some people have asked me to invest a few hundred euros for them, in which case I would have to be their banker... They don't even want to know how to install a wallet or even buy a hardware wallet. In short, I refuse to be a banker.

And you, have you also given up? Or are you persevering with unstoppable tricks?

It's a waiting game for me, if someone approaches me first and wanted to learn about Bitcoin, then I will tell them everything I've know and learn, not just the pros of having owning BTC, but also the bad side of it.

But if people are going to go walk to me and try to orange pill me, nah, dude we can go one and one and argue but they can't change my mind on BTC. So let it be, it's not our fault if they have the wrong understanding of bitcoin and their minds are already close about investing on it.

[mk4]

I don't even try because 99% of the people I know in general doesn't know crap about investing. Me pushing bitcoin to them is just going to likely cause problems for me(and them) that it really isn't worth it.

If they ask me about Bitcoin, I answer their questions — but there's no way I'd tell them to be buying it. It's up to them to make that decision.

[BlackBoss_]

I don't even try because 99% of the people I know in general doesn't know crap about investing. Me pushing bitcoin to them is just going to likely cause problems for me(and them) that it really isn't worth it.

It isn't worth any effort to convince your family members, relatives, friends, colleagues to invest in Bitcoin. Usually they are not aware of risk and they only feel interested in profit potentially. They are not aware of or just ignore risk which always coexist with potential chance and profit.

If they are people like this, they will blame everything on you because you introduce or invite them to invest in Bitcoin.

If they ask me about Bitcoin, I answer their questions — but there's no way I'd tell them to be buying it. It's up to them to make that decision.

Me too. I only would like to answer their questions if they come to knock my doors and ask me. However, I never tell anyone anything like "Invest in Bitcoin, Ethereum, any coin and you will surely get great profit". Never tell anyone such "too good to be true" advice.

[CryptSafe]

I do not make such mistakes when it comes to investment. I try my possible best to  avoid such situation. Yes it is money and would be very attractive and  offer juicy but i am always careful when it gets to that point because no one wants to invest by him or herself  and they would want who they the would put into a tight situation to invest for them. They are always here again to show up what they got forgetting how the market is. So many  have put into wandering to set their ways to the right. I was thinking that would be nice if you do such. ??

[Becassine]

People want to replicate your "success" without replicating the hard work and time you invested to learn something new. Over the years, I learned a lot, and giving all the knowledge in a 2-3 hours meeting is not even possible.

Sometimes very relative success, well, it all depends on what we are talking about. But indeed, whether it is intellectual laziness or lack of time, it is true that people would like to be served everything on a platter, things that have taken years to understand. That's why the road to widespread use of Bitcoin is still long. This is also why scams are common: people are willing to entrust their funds to unknown people who assure them that they will manage them for them.

(...) but also the bad side of it.

What bad side ?

Usually they are not aware of risk and they only feel interested in profit potentially. They are not aware of or just ignore risk which always coexist with potential chance and profit.

Bitcoin is not just a speculative currency. It's much more than that, of course, but many people don't bother to look or even listen to the incredible possibilities Bitcoin offers.

[Plaguedeath]

They ask you to become their banker? you need to play smart for creating a contract and ask them to accept it, if they don't want to accept it, don't be their banker. You can make a contract if you will get 10% profit commission if they want to sold their coins or anything that you will have an advantages.

It's not that easy for protect their holdings, you will take a risk to make sure you hold in a safest place, not lose the seeds phrase, etc.

[jossiel]

If it's from my immediate family, it won't be a problem to me if someone from them asks me to do it for them since I know all of them and I know their traits towards me and their approach with money.

But if it's not from my immediate family, I'll have to decline but will still give them some advice and tips on what they must do.

And only from there, they can't extract more from me and no any favor aside from those tips.

[Becassine]

They ask you to become their banker? you need to play smart for creating a contract and ask them to accept it, if they don't want to accept it, don't be their banker. You can make a contract if you will get 10% profit commission if they want to sold their coins or anything that you will have an advantages.

It's not that easy for protect their holdings, you will take a risk to make sure you hold in a safest place, not lose the seeds phrase, etc.

The question is not so much whether to keep their funds or not. The question is how to really get them interested in bitcoin so that they learn to manage it themselves.

No I don't want to take a commission, I am not a banker. It's not my job. I'd rather they learn what bitcoin is for.

[aoluain]

They ask you to become their banker? you need to play smart for creating a contract and ask them to accept it, if they don't want to accept it, don't be their banker. You can make a contract if you will get 10% profit commission if they want to sold their coins or anything that you will have an advantages.

It's not that easy for protect their holdings, you will take a risk to make sure you hold in a safest place, not lose the seeds phrase, etc.

The question is not so much whether to keep their funds or not. The question is how to really get them interested in bitcoin so that they learn to manage it themselves.

No I don't want to take a commission, I am not a banker. It's not my job. I'd rather they learn what bitcoin is for.

That is a good approach, one of the main things with Bitcoin is obviously self custody of that
wealth/Bitcoin and not to trust/involve any third party.

Its a tough one trying to teach people

I have had mixed results, I find the ones who already have an appetite to discover an alternative
to the FIAT system get interested in Bitcoin and those who  dont care or who dont see a problem
with it dont have a need to become involved with Bitcoin.

Eventhough the vast majority of people are only interested in what is in it for themselves I try to
educate potential Bitcoiners on the merits of Bitcoin other than the "Investing" topic, put X in and
get Y in return, there is way way more to Bitcoin than that.

[kizlod]

I haven't given up because I'm not trying to make anyone buy Bitcoin. Why would I? It's a bad habit to say others what to do with their money.

[Ndabagi01]

This is not peculiar to just family and friends but generally people don’t like to take the risk. Taking the risk is what makes you a better learner and a better teacher as time passes. This does not stop me from acting as a banker to a friend or family member, but only on the condition that they bear any losses accrued during the investment. 

You don't need to think about the aftermath of an investment if you have an understanding person who thinks like you and has a prepared mindset to face the risks and consequence of an investment because they realize the risk involved and trusted you with their finances to assist them invest. If the investment goes well, they can notify a friend who may be interested in joining and spreading the news about bitcoin. You could also get a commission from the profit incurred overtime in the investment.

[Becassine]

I haven't given up because I'm not trying to make anyone buy Bitcoin. Why would I? It's a bad habit to say others what to do with their money.

It's not about giving investment advice at all. It's about explaining bitcoin. Bitcoin does not have to be bought with fiat currency: you can earn bitcoins for goods, work or services, for example. You can also give bitcoins as a gift on a birthday or other occasion.
Again, the point of Bitcoin is not to speculate, the point of Bitcoin goes far beyond that.

On the other hand you who talk about bad habit, it is clear that of course if someone close to me seems to screw up on an investment, I will talk to him, at least to give my opinion (whether he follows it or not).

Bitcoin is something else.

[Wexnident]

I guess that many of you have already tried to orange pill family or friends. Personally, I've totally given up on the idea.

Never really tried to introduce crypto to them, nor do I actually plan to. Though tbf, my family was actually the one that found out about it first and they had some semblance of interest early on, they asked me about it and I said all about what I knew, but it was short-lived rather unfortunately. It didn't help that it was around the big dip from the ATH to around $40k I think?

I might consider talking about it again if they ever ask, but I wouldn't really willingly tell them to go in again. Not that I ever planned to really, I reckon if they didn't ask me they wouldn't have even known I know about crypto.

Some people have asked me to invest a few hundred euros for them, in which case I would have to be their banker... They don't even want to know how to install a wallet or even buy a hardware wallet. In short, I refuse to be a banker.

Kind of loses the point if they invested through you instead of them owning the asset directly though.

[Plaguedeath]

The question is not so much whether to keep their funds or not. The question is how to really get them interested in bitcoin so that they learn to manage it themselves.

Since you don't want to take any commission, if I were you, I will not talk about Bitcoin anymore to my family and friends because they're not interested in the first place. If someone only interested with the profit and not want to learn about the other thing, they view Bitcoin as a quick money making and the price will never decrease which is bad.

Bitcoin isn't the only one can be used as an investment, if they're prefer to invest in stock, gold or real estate, just respect their choices.

[Becassine]

The question is not so much whether to keep their funds or not. The question is how to really get them interested in bitcoin so that they learn to manage it themselves.

Since you don't want to take any commission, if I were you, I will not talk about Bitcoin anymore to my family and friends because they're not interested in the first place. If someone only interested with the profit and not want to learn about the other thing, they view Bitcoin as a quick money making and the price will never decrease which is bad.

Bitcoin isn't the only one can be used as an investment, if they're prefer to invest in stock, gold or real estate, just respect their choices.

I'm really sorry if my subject doesn't seem clear: where did you read that I didn't respect people's investment choices or that I used to interfere in other people's business?

So the topic is: how to orange pill family or friends, do you have any tips or tricks (it can also be to convince a merchant to accept bitcoin).

Thank you