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Author Topic: I'll always tell people about bitcoin  (Read 860 times)
Lorence.xD
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July 28, 2023, 02:19:55 PM
 #61

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.


Of course you will start with the opportunities and benefits of Bitcoin when introducing it so people would be interested to it. People love to be spoon fed with information that they think are easy money. So if you forgot to mention its risk definitely they would come back to you as they lose their assets. If that's the case you have some partly fault since you didn't gave all the information about Bitcoin which is pros and cons. But if you provided all those information and still they blame you for their loss? Nah, it's your fault man as you stake your money you should researched a lot about it first and started with small amount. I don't know it's true that introducing Bitcoin is an advantage but the hassle from brain dead people is much worse.

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July 28, 2023, 02:38:43 PM
 #62

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.

Many people complain because you failed to inform them of the risks involved. When I introduce someone to Bitcoin investment, I emphasize the risks involved, such as market volatility, regulatory risk, and cybersecurity threats. Emphasize the necessity of just investing money that they can afford to lose. Also, tell them how much money they will make if the market goes well. If you explain it to them, they won't care whether the market is going well or not. If he is interested in the investment, he will join you and invest as well, but often individuals only discuss the benefits of Bitcoin without informing them the other side of the coin. Because the price can fluctuate at any time.

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July 28, 2023, 02:59:36 PM
 #63

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.

Too much have been said about telling and I'll do this and blah blah blah.

Why don't you teach them how to use Bitcoin or order Shawarma and Burgers for them using it. I mean praticalizing and utilizing it in modern day to day would catalyst them and also convince them into using it. Investing gives it value so as day to day utilization of Bitcoin. Not just money or Bitcoin, People need love, care, kindness, compassion and also believing in them..

Teach them about Bitcoin but don't force them to invest, this as franky1 would always say. So when they eventually lose or forget to take profits due to greed, they come back blaming and faulting you for the exposure and awareness shared.
Risk are worth taking, they might be overwhelming to achieve immediately, but at the long run it does. Also patience is a virtue, do the best you can but also, not everyone can enter the Bitcoin Ship. I'll simply say it might be programmed for everyone,but it's not for everyone.

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July 28, 2023, 03:11:17 PM
 #64

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.

If this is your belief, I respect that. But just like the others concern if you can't stop telling them about Bitcoin you must be honest tell them about the risk as well, and then also introduce them the advantage so they won't blame you in the end.

It is because,  Bitcoin became a trade mark to the majority people who has zero knowledge about it that this was a scam. but for us who are deeply knowledgeable about this thing it is not of course.


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July 28, 2023, 03:52:28 PM
 #65

Good for you. I can only hope that you are not charging people in your sessions introducing bitcoin like many so-called gurus are trying to do.

Personally, it's not that I am scared to get the blame if in case their investments fail to materialize, it's just that I want privacy and I don't want people to know more about me. And I also continue to tell some close friends about the potential of bitcoin especially on the financial side although most of them are not convinced. But many of them contact me during bull runs and some are just looking for some free treats.

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July 28, 2023, 04:48:09 PM
 #66

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.
That's gotta be not the great way to introduce Bitcoin to people and I am sure that some people told their friends that Bitcoin would make them rich and that's not yet introducing this forum itself. Be prepared OP to babysit plenty of people as they would ask you many many many questions over and over on why their investment is not doing something "new".

I know you put there that it is still their decision to invest to it, but before they made that kind of decision, they already had mountains of questions to ask to you. Not sure how large your social circle is OP, but I would choose people to tell Bitcoin......at least for now.

I had a horrible experience teaching people about bitcoin so there goes my few cents.
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July 28, 2023, 04:53:33 PM
 #67

It's not a bad idea to tell people about BTC. The point is to tell those interested in learning not those who want to investigate ones pocket because they spend more without being at the mercy of the banks or financial monitoring agencies.
I have known alot of friends who never want to hear the subject of BTC because of the investment they lost as at the time it originated and gained users.

I only tell people who I know needs the knowledge to assist their businesses or education or any other pursuit that would require an application or use of BTC technology or currency. These days telling anyone what they aren't interested in can even get you hated more than loved.

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July 28, 2023, 05:07:06 PM
 #68

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.
I really appreciate that person activities when he promote Bitcoin. Bitcoin is a potential currency for the modern and digital futures. Bitcoin is a pair to pair cash system and it is totally this decentralized  that's why a person  can easily use Bitcoin for any quick payment and investment. when a person deposit his Fiat money on the bank then that money then they have no control on their money And since then he has to move within certain limitations.  But in case of Bitcoin there are no limitations so anyone can use Bitcoin as they wish without anyone being held accountable. So I support your promotion because everyone should have a positive idea about Bitcoin



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July 28, 2023, 05:27:39 PM
 #69

-snip-
Personally, it's not that I am scared to get the blame if in case their investments fail to materialize, it's just that I want privacy and I don't want people to know more about me. And I also continue to tell some close friends about the potential of bitcoin especially on the financial side although most of them are not convinced. But many of them contact me during bull runs and some are just looking for some free treats.
Your friends only reach out during bull runs, but during crashes, you will be blamed for pulling them into the loss.
As you said, you just want privacy and don't want people to know about you and Bitcoin because it will hurt you in the end.

It's better to give information to someone who is really interested and knows the risks, rather than just a new person who is curious about Bitcoin and how to make money from it.

-snip-
But in case of Bitcoin there are no limitations so anyone can use Bitcoin as they wish without anyone being held accountable. So I support your promotion because everyone should have a positive idea about Bitcoin
Anyone has the right to own Bitcoin, even minors are also not a problem.
But is there no supervision from parents or people who understand Bitcoin and the investments that will be made.

Using Bitcoin will look wise if you use it correctly, but if you only buy and sell at a loss it will only spend money for nothing.
Everyone has positive ideas, but everyone also has negative ideas
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July 28, 2023, 05:45:33 PM
 #70

It's not a bad idea to tell people about BTC. The point is to tell those interested in learning not those who want to investigate ones pocket because they spend more without being at the mercy of the banks or financial monitoring agencies.
I have known alot of friends who never want to hear the subject of BTC because of the investment they lost as at the time it originated and gained users.

I only tell people who I know needs the knowledge to assist their businesses or education or any other pursuit that would require an application or use of BTC technology or currency. These days telling anyone what they aren't interested in can even get you hated more than loved.
Also it depends on how they would take it. No doubt that most of the people having interest with this blockchain is because of the profit potential not knowing how things really works in this industry. Knowing what Bitcoin is won't be enough. Also with its usage which is still currently limited across countries since majority are still in doubt of its adoption. Indeed sharing about this technology is a good thing but it will always have two sides. Engaging won't be all turn out to a good outcome 'coz bad instances may do still happen such as people investing and losing due to market price volatility and eventually accusing this technology as scam and such. So I agree that we better choose qisely, to whoever we should share the information about this industry.

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July 28, 2023, 05:49:28 PM
 #71

I don't think so anyone is scared of telling people about Bitcoin, it's just no one wants to share that they are indulged and invested in Bitcoin.
It's more of a privacy concern and security reason than feeling ashamed of being part of this wonderful community. HODLing Bitcoin > Gold.

If you ask my personal preference, I told some of my friends and then they told me that xyz shitcoin is better than Bitcoin. So, that may also be one of the reason people don't share it.
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July 28, 2023, 05:50:53 PM
 #72

Then the bull market came and everything changed. They kept asking how to buy it, how to buy NFTs, how to trade on defi, about alt coins and everything.

So it’s funny that when Bitcoin was down everybody assumed it was a scam and didn’t buy. They bought during the hype at the top pretty much.
They must come to you when the bull comes and all change when the price soars, for me people like this are no longer strange, I have experienced the same thing many friends come when the bull comes but when bearish he is silent never asked at all. Lol

It's not strange anymore, I think people like this are still around you, when prices are high they buy but when prices fall and experience losses they will come and ask how to overcome this loss.
That's the person with greed and never fully learned about bitcoin.

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July 28, 2023, 07:11:59 PM
 #73

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.
If any bitcoiner is scared because they don't want to be blame if anything goes bad then the bitcoiner is to be blamed, it means he or she sweat talked about Bitcoin that makes the investors believe that there is no risks involved at all, what is there to be so scared about? You are free once you tell them the risky side of Bitcoin before telling them the good side, you are free if you teach them and make sure they are the ones that do the purchase themselves, you are free if you are not the one that help them to keep their Bitcoin.

I don't think I will ever stop telling people about Bitcoin, I will only make sure to avoid some certain people like those who are completely illiterate,  there is no amount of explanations you can make to such people they will believe you are up to no good.
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July 28, 2023, 08:30:43 PM
 #74

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. 
It is not only about being scared to get blamed if they ever introduced it to their relatives and friends. But it's also about protecting yourself since there have been cases in the past about the $5 wrench attack. If you do like to keep yourself safe from those attacks after telling people about Bitcoin, you need to minimize it in person.

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.
The risk will remain as an investor but the greater risk is also there. As you've said, it is money and everyone needs money and those that are not in the right mind might do something crazy just for it.

Just like what people does for money, they can do such things like stealing and robbing it from other people. It's also possible to happen in Bitcoin if there's a physical interaction that might force and hurt you.

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July 28, 2023, 08:41:04 PM
 #75

Of course you will start with the opportunities and benefits of Bitcoin when introducing it so people would be interested to it. People love to be spoon fed with information that they think are easy money. So if you forgot to mention its risk definitely they would come back to you as they lose their assets. If that's the case you have some partly fault since you didn't gave all the information about Bitcoin which is pros and cons. But if you provided all those information and still they blame you for their loss? Nah, it's your fault man as you stake your money you should researched a lot about it first and started with small amount. I don't know it's true that introducing Bitcoin is an advantage but the hassle from brain dead people is much worse.

There are countries where Bitcoin is ban and you may land in trouble if someone complain to authorities that you are advocating about Bitcoin. This is also one reason why people are scared of telling about Bitcoin to others.

Bitcoin is not for weak heart people, as it can go in both directions. The truth is Bitcoin is a good investment and will never disappoint you if you choose it for investment. The only thing one need to take into account is that it takes time.
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July 28, 2023, 08:45:36 PM
 #76

Regrettably, I am unable to openly promote Bitcoin in my country due to its legal status. Instead, I discreetly share information about it with only those closest to me. Revealing myself as a Bitcoin user could lead to trouble with law enforcement agencies in the future. However, when explaining Bitcoin to someone, I make sure to inform them about the associated risks, as they might hold me responsible if they experience losses in the value of their holdings.

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July 28, 2023, 08:46:11 PM
 #77

As for me I'll always introduce bitcoin to people because it is money, people needs money for better life.
I only introduce to people that I assume they deserve to know it. I avoid to introduce it to the people who are fiat lovers who are not open minded. I don't want to argue with people who don't want to understand each other and have no intention for a better life.

Sure, Bitcoin is a currency but we are talking about Bitcoin as an investment, right? An investment is needed as well because it may improve people's life.

It is my duty to tell about bitcoin to people and it is their decision to invest in it.
Actually, we are free to introduce it or not. But it is the right decision to help spread the adoption of Bitcoin whether it is as a currency or an investment. But make sure we don't force people, let them decide everything themselves. If they decide themselves, they won't blame us when they fail in the future. Also, joining an investment should be with own intention, no compulsion for investing.



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July 28, 2023, 08:46:21 PM
 #78

It will depend on personal preference. And actually this is a decision and a good step to introduce Bitcoin to people. because after all, Bitcoin is a valuable thing, which the more people know about it the better. But indeed sometimes, this path is also full of dilemmas. On the one hand we introduce Bitcoin, but on the other hand, sometimes people's expectations are too high. Or because of our explanation that leads their opinion to think and have such high expectations. Because of that, we also need to consider what is the best, right, wise, and safe way to introduce Bitcoin to new people.

R


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July 28, 2023, 08:48:12 PM
 #79

Too much have been said about telling and I'll do this and blah blah blah.

~snip~
I don't think much for others. When I behave appropriately on social media, posting crypto-related images, I do so purely out of satisfaction. I never ask, but if anyone asks me about crypto I will answer. So I'm not going to start telling stories, let them ask. There was a fear when I told the story it would be wasted. Those who are curious tend to ask, chances are he who asks will be more serious about learning and understanding crypto. In addition, he will not give up easily if he tries.
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July 28, 2023, 09:12:47 PM
 #80

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.
Well, I'm not sure how you tell people but honestly, I couldn't really imagine saying it is easy to educate someone who is not interested in one thing. Of course, you can just say - "hey you know Bitcoin? " Hey, this is what Bitcoin is all about". But what I was expecting from saying telling people is for them to understand clearly and educate them, not just by spreading the word Bitcoin without understanding. I could really assure you that no matter how good you are at telling people, rejections are really going to happen. I'm not afraid to be blamed but I just wanted that if I told someone, I was expecting that he would listen and follow what I say.

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