Your tips and tricks to orange pill your family and friends

[Kryptowerk]

This is (so far) German only, but interestingly enough this new book is called "The orange pill".
You can read more info in the local board here: https://bitcointalk.org/index.php?topic=5445173.0

Short info on the author Ijoma Mangold: He can be counted towards the German intellectual elite and is a well known book critic an author. I've personally enjoyed listening to his insights and thoughts about various topics and book releases. Was very suprised to see him release something about Bitcoin.

So to any German-speaking people, might be a cool idea to gift this book. (haven't read it myself so far but am planning to do so)

[1715520501]

1715520501

[Becassine]

This is (so far) German only, but interestingly enough this new book is called "The orange pill".
You can read more info in the local board here: https://bitcointalk.org/index.php?topic=5445173.0

Short info on the author Ijoma Mangold: He can be counted towards the German intellectual elite and is a well known book critic an author. I've personally enjoyed listening to his insights and thoughts about various topics and book releases. Was very suprised to see him release something about Bitcoin.

So to any German-speaking people, might be a cool idea to gift this book. (haven't read it myself so far but am planning to do so)

Danke ! I'm going to go read this 

[BenCodie]

I too find experience the same problem as you OP - that people are not willing to learn and instead want to park their money with you, just like a banker. The best tips I can give you is to give bit sizes of information that are easy to digest, and to learn how to pass down knowledge about Bitcoin and why its valued is poised to increase before trying to shove down information about the technicals. The best thing to start with is the economics - the fixed supply, the limited distribution, the impossibility of supply cap increase, and making comparisons to fiat money (the money printer, the unlimited supply, inflation, no immutable ledger, etc). After enough time, you'll have a nice and clean set of information that will allow you to raise enough intrigue for people to ask how to buy and hold it themselves. Move onto talking about non-custodial wallets at this point, the importance of privacy and security of their wallet/machine, etc.

[Mate2237]

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?

Op but from your topic and the content, I didn't see any tips and tricks which can be used to convince family members and friends or your hide them? If you are trying to convince anyone to Invest and they refuse to do let them be and if anyone come to you with sincere heart to Invest then you have to give the person the terms and conditions and if the person accept the risk involve and he or she is ready to bear the risk and consequences then you can teach the person and do everything for the person. Create wallet for the person and Invest small amount of money for the person and let him/she uses that amount to learn the system.

[Bananington]

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.

It is a smart move that you have decided to make deciding not to be the banker to your friends and family. If you had done so because they are close and you think they will understand if you loose their money, wait till you loose your money and see how quickly they forget that they were once in the position begging you to help them in investing.

Op but from your topic and the content, I didn't see any tips and tricks which can be used to convince family members and friends

No tricks just the tip that you should avoid agreeing to invest for family and friends.

[KiaKia]

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?

This have happened to almost everyone, there is always some people who don't care about where their money is going, they only want the result, such people shouldn't invest in cryptocurrencies, they will hold you responsible if anything happens to the money.

You need to find a way to make them change their mind, tell them how risky crypto investment can be, tell them what happened to Luna and FTX, tell them about how one day they can open their wallets and found them to be empty.

This is what I do if anyone tries to use me as an investing tool, na bro it's never going to work, it's either you learn or you left, these are the only two options I have for such people.

[Hispo]

My personal philosophy is to let people learn about Bitcoin by their own and only offer information/sources of good quality and most importantly, so let them know the most common kind of scams in the market, that is enough for a beginner. I think it is important to keep oneself outside the spotlight when comes to owning Bitcoin, specially if you live in a dangerous place like I do. We into Bitcoin not only for the possible profit in the Future but also because it is a very stealthy way to save money, you know. 

I have only talked about it with my parents and they are mostly interested in stable coins, since they are not willing to deal with the volatility of the market and our currency usually loses value against the USD faster that the "natural" inflation of the FIAT.
To each their own. 

[Aikidoka]

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

I would say there are many ways to orange pill your family and friends, such as explaining the blockchain technology in a simple way, how cryptocurrencies work in the market, and other related concepts. You could make it engaging by using games, or recommending a movie that explains the technology, or by giving them colorful and engaging cool books to get them interested in the Bitcoin community.

I think the best way to get them interested is by sharing your personal experiences with Bitcoin, as it can help them decide whether to join or not. If you have a success story with Bitcoin, they will likely be more willing to participate. However, it's important to be careful and explain to them the security stuffs they need to take, such as protecting their private keys and seed phrases. It's essential to provide them with important information so that they feel secure and confident about what they're doing.

[suzanne5223]

I have learned long ago not to force anyone into doing something if I do not want the person to be blamed in the future and this is why I never force anyone into Bitcoin but I always talk about the possibility of Bitcoin to the people that complain or seems to be looking for an alternative investment that will help during the economic meltdown.
Always give them a guide provide them with the needed article to understand BTC and never try to be their bank because being the banker of newbies is never a good idea no matter how close the person is to you even if it's a family member

[nimogsm]

I have a rule never to work with relatives and friends, as there is a negative experience. And having financial relationships is even worse, because you just have to work for them and answer hundreds of their questions, and there will be no benefit from this for me personally. The maximum that I I can do this to give advice on where to read about crypto and where to start.

[Mpamaegbu]

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.

Yes, this is sadly true. I know why it's that way. It's because everyone wants to lie down on their pillows with folded arms while waiting for their investments to yield dividends without flexing muscles again. They don't want to be bothered about checking up anything after they've made the initial investment. They want others to bear the burden for them.

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.

I did same thing a few years ago. I bought Bitcoin for the person and then taught him how to hodl it in a wallet by himself. I was reporting the progress of the investment to him until a certain rise I asked him to sell off. However, the thing is that after that investment, he didn't reinvest and I wondered why it was so. I came to the conclusion that there are things you can't force anyone to learn if they aren't interested in them.

[Cryptomiles1]

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.

Yes, this is sadly true. I know why it's that way. It's because everyone wants to lie down on their pillows with folded arms while waiting for their investments to yield dividends without flexing muscles again. They don't want to be bothered about checking up anything after they've made the initial investment. They want others to bear the burden for them.

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.

I did same thing a few years ago. I bought Bitcoin for the person and then taught him how to hodl it in a wallet by himself. I was reporting the progress of the investment to him until a certain rise I asked him to sell off. However, the thing is that after that investment, he didn't reinvest and I wondered why it was so. I came to the conclusion that there are things you can't force anyone to learn if they aren't interested in them.

This is one thing we must avoid because you never can tell about their actions if they noticed their investment didn't yield to their expected end and resulted in side ways. Everyone should learn to accept responsibilities irrespective of the field they found their selves, learning and taking the full bunch of load would be more better to makes them prepared for the crypto and investment journey.

[MainIbem]

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.

Anyone who is not willing to learn anything shouldn't meant to be given attention towards cryptocurrency investment, when we talks of cryptocurrency investment this includes investing in bitcoin and any other altcoin out there. Sometimes you may take such action for a close relatives whom you knows that truly they can entrust their funds into your hands than those who don't think how much risk is involved while investing their money. For some friends maybe colleague or such as school mates who are willing to learn and do their findings it's fine to invest maybe as time goes the will keep learning than those who purposefully wants to leave risk to you.

[yhiaali3]

I tried it once and I won't repeat it, in the bull market a friend who knows a little bit about bitcoin and cryptocurrency gave me to invest money for him, actually I bought him some altcoin and we made good profits and he was happy.

After a while, when the bearish market started, he gave me another amount of money and asked to invest, but this time the losses started due to the market falling. He was not happy this time, and neither am I, because I had to bear half of the loss from my own pocket.

Therefore, I decided to abandon the idea and not invest in anyone else's place.

[Ojima-ojo]

I have been involved in such a situation quite a multiple times where individuals who are afraid of taking a risk will rely on me to manage their investments, there is one of them who recently sent me a what app message beginning me to help him invest that he has all the money needed to buy a few bulks.


But what my replies have always been for them is that I don't serve as a financial broker rather I am Ok managing my personal financial life and if they want to invest any amount, there can take the risk themselves.

What I have realised with Bitcoin is that Bitcoin is a self-independent financial life so everyone has the right to sick to build the necessary knowledge.

[hatshepsut93]

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

I don't like the idea of promoting Bitcoin to friends and family, because there's a lot to lose and not a lot to gain. Even in the best case scenario (bitcoin goes up, they sell and get profit) they will not be fully grateful and it won't improve your relationship. But if things go south - price taking a dive, they get hacked or scammed, etc; you will absolutely be blamed, maybe they will even demand compensation from you.

[acroman08]

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?

pushing an idea in someone's throat is one of the best ways to make someone hate that Idea, if I were you, just let them be, there is no point pestering them if they themselves are not interested in knowing/learning about Bitcoin. they would probably just become annoyed at you if you keep telling or as you say "orange pilling" them.

[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?

pushing an idea in someone's throat  is one of the best ways to make someone hate that Idea, if I were you, just let them be, there is no point pestering them  if they themselves are not interested in knowing/learning about Bitcoin. they would probably just become annoyed at you if you keep telling or as you say "orange pilling" them.

Your answer shows that you didn't read what I wrote at all, too bad I would have liked an answer to the subject in question. That said, you're not the only one talking about harassment or whatever, fortunately I got a link to a book that looks very interesting, that will at least make a constructive post in this thread ...

[el kaka22]

I think that was never my intention to begin with. Why would I want to convince my family and friends? There are millions of people who are interested in crypto today, that is big enough that it doesn't really need me. In fact, if you take how many people ever owned a single satoshi, and make them vote for a crypto party, that party would be winning elections in almost any nation in the world (for fair election ones, not like china or Russia).

So, when it is as big as that, trying to convince my surroundings doesn't really mean much, it would be futile to convince like 3-5 people more, sure if we all did that then it would be great, but obviously we can't all do it at the same time, so I rather be one of the ones that doesn't do that.

[HajiBagi]

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. ??

I will never hold anything related to money or investing for someone, unless I give advice then teach how to invest, because it's extremely risky to hold someone's properties, especially funds. What if the coin is invested got dumped? Money can make people you trust betray you. And as we all know, when people lose something for which they had made plans, they become angry.
My point is that anything involving handling someone else's money or holding coins for them is extremely risky; you must either teach them how to handle their money or leave it alone.