I'll always tell people about bitcoin

[adzino]

This days lot of bitcoiners are scared of introducing bitcoin to people because of they  do not want to be blame if the investment ends bad. Most people have lost good relationships with family and friends all because of introduction to financial investment with no profit and this made them to take a serious decision never to make any introduction about money to anybody again.  As for me I'll always introduce bitcoin to people because it is money, people needs money for better life.  It is my duty to tell about bitcoin to people and it is their decision to invest in it.

Because of the risk that is in bitcoin it won't stop me from telling people about bitcoin which will better their life if they found it interesting.

What's there to be scared of? It's not like you are going to "force" them to buy bitcoin. You don't even have to tell him to buy bitcoin. Just introduce it to them. Those people that have "lost good relationship" with the friends and families is very likely because they "made" them invest in bitcoin, or gave them false hope. They didn't explain them the risks associated with investing in crypto currencies properly. They very likely made it sound like they can get rich overnight. I wouldn't be surprised if they made them invest in shitcoins. Teach and preach about crypto currencies, but also make sure to spread the cons and risks too, not only the pros.

[xSkylarx]

You are a really brave person, and for sure you'll still haven't encountered a person who keeps blaming you. You introduce him because you know there are kinds of people whose mindset is to blame anyone when they lose, etc., and I want to avoid this kind of person as it affects me a lot and I'm not comfortable with it. Though it is your choice, which is still good, and that is what you prefer, we won't stop you about this as you really want to help others.

[mk4]

If everyone can be an intelligent investor and succeed with their investment, who will pay them money for profit?

The market is zero sum game so money will change from losers to winners. If we all are winners, is it realistic? There must be losers who pay the cost, the profit for winners.

Trading is a zero sum game while investing is a positive sum game — but something being a positive sum game doesn't mean that everyone will win. Positive sum doesn't mean everyone will win — but majority of people can win.

[bakasabo]

Bitcoin is more than just making money out of investing and holding. If you tell them that bitcoin = money, then you are giving them false vision of what cryptocurrency is. It is also about creating, learning, developing for example. If you teach them that if they would buy, they would get more money, what makes you different from people who offer to buy stock or bonds. You can teach them then about anything that gain value with time.

[KalOlak]

If everyone can be an intelligent investor and succeed with their investment, who will pay them money for profit?

The market is zero sum game so money will change from losers to winners. If we all are winners, is it realistic? There must be losers who pay the cost, the profit for winners.

Trading is a zero sum game while investing is a positive sum game — but something being a positive sum game doesn't mean that everyone will win. Positive sum doesn't mean everyone will win — but majority of people can win.

Investing in the stocks of a company, for example, one that manufactures auto is not a zero-sum game because the company produces goods, namely auto, and creates added value.

Investing in Bitcoin, on the other hand, is purely a zero-sum game, minus transactional costs. Understand that we are not building, producing, or inventing anything in this process.

[RockBell]

You are a really brave person, and for sure you'll still haven't encountered a person who keeps blaming you. You introduce him because you know there are kinds of people whose mindset is to blame anyone when they lose, etc., and I want to avoid this kind of person as it affects me a lot and I'm not comfortable with it. Though it is your choice, which is still good, and that is what you prefer, we won't stop you about this as you really want to help others.

In situations like this, the best way to avoid being blamed is to explain how unstable Bitcoin can be. This is where many people introducing Bitcoin go wrong they keep portraying Bitcoin as if it continuously generates profits with no losses if you are introduced into a business with this pattern, you will undoubtedly enter it, and if anything should go wrong, you will undoubtedly blame who introduced you. I also enjoy introducing Bitcoin just that I will tell you everything and allow you to make a choice yourself, and also tell you about the security and other basics, in my opinion, we should make everything plain while explaining Bitcoin.

[fruktik]

What's there to be scared of? It's not like you are going to "force" them to buy bitcoin. You don't even have to tell him to buy bitcoin. Just introduce it to them. Those people that have "lost good relationship" with the friends and families is very likely because they "made" them invest in bitcoin, or gave them false hope. They didn't explain them the risks associated with investing in crypto currencies properly. They very likely made it sound like they can get rich overnight. I wouldn't be surprised if they made them invest in shitcoins. Teach and preach about crypto currencies, but also make sure to spread the cons and risks too, not only the pros.

         First of all, you need to talk about the minuses and risks, but it just doesn’t start with this, but about what great prospects there are. So many fairy tales will be sung that people really begin to believe in the ease of making a profit from such an investment.
         As soon as I personally talk about all the minuses, I see some kind of disappointment in the eyes of people. Maybe at least they got acquainted with the blockchain technology and its derivatives, and only then did they draw conclusions?

[Nrcewker]

Educating people about Bitcoins is different and advising them to invest in it is different. There is no problem with educating people about Bitcoin and it’s benefits. You should always teach people that through Bitcoins they can independently handle their finances. Now whether the person whom you are teaching will invest in Bitcoins or not will completely depend on him. You taught him about the advantages and disadvantages, now you should also tell him that he will be also only responsible if there any financial loss happens.

[Inwestour]

What's there to be scared of? It's not like you are going to "force" them to buy bitcoin. You don't even have to tell him to buy bitcoin. Just introduce it to them. Those people that have "lost good relationship" with the friends and families is very likely because they "made" them invest in bitcoin, or gave them false hope. They didn't explain them the risks associated with investing in crypto currencies properly. They very likely made it sound like they can get rich overnight. I wouldn't be surprised if they made them invest in shitcoins. Teach and preach about crypto currencies, but also make sure to spread the cons and risks too, not only the pros.

In fact, it is difficult to force anyone to buy anything, you can recommend it, but anyway the decision should be made by the one whose money.

If someone advises you to buy Apple shares now, you won’t buy right away, you will first try to analyze and understand whether it can make a profit for you. But when it comes to financial advice, you have to be very careful, what's the point of giving advice to someone, and in the end you don't know how competent a person is and how he can use it, even if you tell him about all the risks that you yourself know about.

[Z-tight]

Spreading the news about bitcoin isn't bad but the only issue is that the user explains the whole concept or the basic important ones like it's volatility so that' if the person who you are explaining things decides to buy bitcoin it will all on him as very man becomes relatively responsible for their investment and actions.

Instead of explaining the concept of BTC to people as being an opportunity to make wealth, but with risks that they will be responsible for, rather explain BTC to them as being a censorship resistant and permissionless currency. If the people are interested in BTC as a currency that is different from fiat which is pro censorship, they will learn more about it, including its fixed supply, demand and volatility which an investor can take advantage of and make revenue, this is how to introduce people into the BTC network.

[DapanasFruit]

People who are already online must have heard or come to see the excitement that the crypto industry has generated so far...so in all probability not knowing something on Bitcoin can be remote these days. Now, there is nothing wrong with telling people around you about Bitcoin as long as you are presenting it in a balanced way - including the possible rewards and risks plus some history and probability of the whole industry we are in. Also I am suggesting that  you also talk to them of the many possible scams and frauds that they might come around anytime so they will not become one of the growing statistics on this matter.

[Tony116]

You are a really brave person, and for sure you'll still haven't encountered a person who keeps blaming you. You introduce him because you know there are kinds of people whose mindset is to blame anyone when they lose, etc., and I want to avoid this kind of person as it affects me a lot and I'm not comfortable with it. Though it is your choice, which is still good, and that is what you prefer, we won't stop you about this as you really want to help others.

In situations like this, the best way to avoid being blamed is to explain how unstable Bitcoin can be. This is where many people introducing Bitcoin go wrong they keep portraying Bitcoin as if it continuously generates profits with no losses if you are introduced into a business with this pattern, you will undoubtedly enter it, and if anything should go wrong, you will undoubtedly blame who introduced you. I also enjoy introducing Bitcoin just that I will tell you everything and allow you to make a choice yourself, and also tell you about the security and other basics, in my opinion, we should make everything plain while explaining Bitcoin.

Indeed, there are many people when recommend bitcoin to others who focus only on the huge profits that bitcoin brings, very few will emphasize the risks that bitcoin poses to us. But there are also people who are very stubborn, know they are wrong but always find a way to blame others when they fail, they never admit to themselves. So honestly, I don't recommend bitcoin to anyone either, I don't want to get in trouble and waste my time.

[komisariatku]

This days lot of bitcoiners are scared of introducing bitcoin to people because of they  do not want to be blame if the investment ends bad.

I'm one of those people who doesn't want to explain bitcoin unless someone asks me. If someone were to ask me about bitcoin, I would definitely answer to the best of my ability, but I would not recommend that they invest in bitcoin unless they are knowledgeable about bitcoin.

Even though bitcoin has a price that always goes up and reaches a new ATH, when the market goes bad it can be so severe that the risk for new investors who don't know about bitcoin price movements will have a very big risk. I don't want to risk teaching them about bitcoin investing and trading. But if they ask for my opinion I will give mine but the risk and choice is still theirs.

If they force me to teach about bitcoin trading maybe I will teach them and I will tell them to try to buy with less money and will give a warning not to buy with much money before they know how bitcoin trading works

[Solokan]

yes, I think it's a good decision op, and maybe many of us also invest in btc because friends or relatives tell us, and finally get benefits from investing in btc, but there are indeed many people who are afraid to tell people about bitcoin, for fear of being blamed even though if we explain to people about btc properly and correctly we will definitely not be blamed as long as there is no element of coercion. so as long as we explain about btc to other people it doesn't matter as long as we explain it properly and correctly and there is no element of coercion.

[jeraldskie11]

Because of the risk that is in bitcoin it won't stop me from telling people about bitcoin which will better their life if they found it interesting.

I see a little to no risk in Bitcoin if you are going to invest today. The price is too cheap for because I believe that price will going to hit $100k at the right time. If I basing on my technical analysis, in macro time frame the trend is uptrend. If we see a down move or dump, it's retracement or pullback. The only risk I see in investing in Bitcoin is that if you put your assets in the exchanges. My advice is that if you're going to invest in Bitcoin, you should keep it in the open-source and non-custodial wallet.

I also believe in bitcoin's future upside potential but please don't say that investing in bitcoin is risk-free. The higher the return, the higher the risk, they are always proportional, so never make misleading statements to others when you have no proof for what you say. If you can look at the chart and see that the market is going up, remember that you are not the only one seeing it. And if the market were so predictable, there wouldn't be so many losers. Investing in bitcoin has helped many people change their lives in a positive way, but it also made many people lose their money and fall into a dead end. This is a financial market, where there are winners and losers, there is no such thing as a win-win game.

I didn't suggest investing in Bitcoin is without risk, but today is different. Bitcoin's price is still relatively low, and you will eventually be profitable. I'm not sure why you said Bitcoin is risky, because the only risk I view is when the price is at its peak and then you decide to buy. However, even if the price drops, you will not lose money if you do not sell it. I believe in Bitcoin, and it all depends on how you look at it.

[fuguebtc]

Spreading the news about bitcoin isn't bad but the only issue is that the user explains the whole concept or the basic important ones like it's volatility so that' if the person who you are explaining things decides to buy bitcoin it will all on him as very man becomes relatively responsible for their investment and actions.

Instead of explaining the concept of BTC to people as being an opportunity to make wealth, but with risks that they will be responsible for, rather explain BTC to them as being a censorship resistant and permissionless currency. If the people are interested in BTC as a currency that is different from fiat which is pro censorship, they will learn more about it, including its fixed supply, demand and volatility which an investor can take advantage of and make revenue, this is how to introduce people into the BTC network.

That might be one way but I doubt its effectiveness. I mean we are all interested in bitcoin for profit, there are very few people who care about bitcoin as a currency. So if you recommend bitcoin to other people but just talk about how it works as a currency, they will immediately ignore it. You want people to pay attention to your word, you need to provide what they need and profit is something that no one can refuse. In my opinion, if we want to share bitcoins with everyone, we need to select the right audience, not massively.

[lovesmayfamilis]

OP, if your friends have internet, tell them the code word "Bitcoin", I don't think Bitcoin needs advertising these days. If there is no Internet, as it was in your case with the lack of constant electricity and, accordingly, the difficulty of accessing the network, then there is no point in wasting time.
But seriously, if you speak enthusiastically about Bitcoin, people will get the impression that if you teach, then you have great success. But among people, there are not always those who want to achieve something on their own; there are times when people like to take from others what they have. Do you need such problems? I wonder why there are so many teachers. It reminds me of a religion that drags people into their faith. Let people be independent, take their risks, and make their own choices. If you want to help someone, give them money; this is where you will be at your best.

[Kaliandra]

I have no idea how you go about it, but I think you should be applauded for your courage. I won't argue with you, but if you do tell them about investing, a word of caution: be careful not to get into a fight.

I agree with you, so in this case in explaining to people about BTC have to be wise and there is no element of coercion especially if are involved in a fight, so as BTC investors of course we have to be able to explain it well and wisely, so that later are not blamed when your friend we have a loss.

and don't forget to also explain to people that if you want to invest in btc have to use money that is ready to lose and it would also be even better if suggest someone who is interested in investing in btc to start with small capital first, for the learning stage.

[Negotiation]

People can be told about bitcoin talking about bitcoin and investing are not the same thing but giving good advice to invest in bitcoin is the right decision. I think the best way to start investing in anything is to define your financial goals. You don't necessarily have to buy whole coins, you can buy fractions and monitor it, you can always add at any time. I have many people like that know that they used that strategy and accumulated a decent amount of crypto without the extra cash they were using. These should be explained well and if the right investor can not be in a hurry and wait patiently.

[CryptSafe]

Educating people about Bitcoins is different and advising them to invest in it is different. There is no problem with educating people about Bitcoin and it’s benefits.

You are absolutely correct sir. The both as you have said are two different things entirely. You educating people is just like teaching them the whole process of Bitcoin and how it evolves so as to get them equipped with knowledge before they think of anything about it or possibly on their own as not to get into any issues in the future. Like the saying that says knowledge is power. This is applicable when they have such information on Bitcoin at the tip of their fingers. It would help go along way.

While advising to invest is solely done at whom ever you are unveiling into the system. It is safe one does not talk them into investment because if they do and anything happens, they would be held responsible and if it be as a result of one's ability not to look into the situation before they go further to give advice, then the problem would be on their head to sort out by themselves.

That is why it is advisable to tell them to do their own research before engaging.