I'll always tell people about bitcoin

[Blitzboy]

The cryptocurrency market is ripe with potential dangers and rewards, therefore its vital that you approach this in a sober fashion. The results of acting on false information can be catastrophic.

I, too, once felt strongly about spreading the word about Bitcoin. Years have passed since then, when the idea was still novel and resistance was lighter. But the current scenario is a special difficulty. The media's propensity for FUD has led many people to doubt Bitcoin's reliability.


I've adjusted my strategy as a result. Instead of trying to persuade people, I've settled on being a shining example for newcomers to the field. I'm happy to impart my wisdom upon anyone who displays an interest. Trying to sway people's thoughts, on the other hand? I've made up my mind to avoid doing it.

[irhact]

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.

When you go with this approach you're doing the right thing because when you force people to invest in Bitcoin as you want the best thing for them, you're making them go against their will and they haven't understood what bitcoin is yet. But when you allow them to make their own decisions if they'll invest or not in Bitcoin, you give them the opportunity to do their research and understand bitcoin better which will help them when investing in Bitcoin.

There's nothing wrong when you tell people about bitcoin, since you didn't force them but only introduced something new that could changed their life if they take your advice, you're not doing something wrong and don't get disappointed when some individuals don't invest.

[RockBell]

The cryptocurrency market is ripe with potential dangers and rewards, therefore its vital that you approach this in a sober fashion. The results of acting on false information can be catastrophic.

I, too, once felt strongly about spreading the word about Bitcoin. Years have passed since then, when the idea was still novel and resistance was lighter. But the current scenario is a special difficulty. The media's propensity for FUD has led many people to doubt Bitcoin's reliability.


I've adjusted my strategy as a result. Instead of trying to persuade people, I've settled on being a shining example for newcomers to the field. I'm happy to impart my wisdom upon anyone who displays an interest. Trying to sway people's thoughts, on the other hand? I've made up my mind to avoid doing it.

The entire eco system of bitcoin has two face which is profit and loss and how you take advantage of the market is in our hands, and since the market is moved by news and other factors is another risk to the system. And telling people about bitcoin is good and have taking it upon my self to tell people about the basic and the risk behind investing in it, making it a thing of choice, a lot of people have interest in investing, and considering the profit it comes along with,  since the market is unstable fall in market should be expected anytime, investors are always emotionally prepared.

[Franctoshi]

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 they decide 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.

Normally, is not bad to tell people about Bitcoin, but the issue is that people come to invest in Bitcoin, but they do different things, some will head on to put their money in shitcoins and will get scammed or lose money in the process and after which they lose money they put the whole blame on the person who introduces bitcoin to them not knowing that they have done a different thing besides investing in Bitcoin.

Recently, If I should tell someone about BTC, I will give the person a list of risks that are associated with investing in Bitcoin and repeatedly tell them to invest with the amount of money that they can afford to lose.

[tbct_mt2]

There's nothing wrong when you tell people about bitcoin, since you didn't force them but only introduced something new that could changed their life if they take your advice, you're not doing something wrong and don't get disappointed when some individuals don't invest.

It is easy to tell it to someone but you must be responsible for what you tell them. At least must be responsible with information, knowledge you are sharing with them.

If you do things related to capital, investment, you must be more careful. It is their money but if they invest and lose money, they feel disappointed and might knock your doors to complain. You must prepare your mind for such pitty situations which I am sure you will not want to face with. It is headache and unneccessary to deal with. If they get rich, they might forget you and how you share them opportunity, but when they get loss, they will always remember about you.

Recently, If I should tell someone about BTC, I will give the person a list of risks that are associated with investing in Bitcoin and repeatedly tell them to invest with the amount of money that they can afford to lose.

It is not my financial advice for you and I only share you information that you must do your due dilegent research to verify my words. Lastly, if you invest, it is your decision and you are responsible for it with whatever results at the end. Always afford to lose before you invest.

I will say like that.

[bittraffic]

When you tell people about BTC, you somehow carry a vague responsibility. If you feel that way, you must also tell them to sell to take a profit when the bull market is almost over. The blame will be worse when the person you convinced to invest in BTC is your close friend. You don't wanna lose that trust and friendship.

I feel ashamed of one of my colleagues when I told him to buy XRP back in 2016 and not send a notice to sell when the bear market started in 2018.
I took the responsibility too. I always remind my sister to sell the coins that I sold to her because I don't want her to suffer the same fate that I did in 2017.

[DanWalker]

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 they decide 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.

Normally, is not bad to tell people about Bitcoin, but the issue is that people come to invest in Bitcoin, but they do different things, some will head on to put their money in shitcoins and will get scammed or lose money in the process and after which they lose money they put the whole blame on the person who introduces bitcoin to them not knowing that they have done a different thing besides investing in Bitcoin.

Recently, If I should tell someone about BTC, I will give the person a list of risks that are associated with investing in Bitcoin and repeatedly tell them to invest with the amount of money that they can afford to lose.

We can still tell bitcoin for everyone, but it's best to emphasize the risks rather than focus too much on the returns. And it should also be emphasized we only give them the opportunity, but whether they know how to seize it and turn it into money is up to them, we can't help them do it.

In my opinion, just advising them to invest with the money they can lose is not enough. You need to hold them accountable for their decisions, because if an investment is profitable it is their profit, so if it is a loss it is their decision, not yours. Let's try to make it clear that we are just the ones who bring the opportunity, it's up to them to win or lose.

[KaizenJujustsu]

It doesn't mean that if you introduce Bitcoin to someone, they should already buy or invest some of their money in it. Remember, if you are introducing Bitcoin to someone else, you should be telling them the risk of investing in it by explaining to them that the price of Bitcoin is not always a win-win situation. Explain to them that Bitcoin's price is volatile, and you can not say when it will go up or down.

If you ask me, I will only introduce Bitcoin to people interested in learning more about Bitcoin and other cryptocurrencies before they buy it because I don't want to look like I am pushing them to buy it. That's why I only want to talk to people eager to learn more about it rather than to people only looking for easy money.

[BD Crypto]

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.

I think by observing risk and reward ratio of Bitcoin its really beneficial to tell others about Bitcoin but you must teach them what are the pros and cons, how he may lose it or make it secured, how to be anonymous and how long he should hold it. If you miss any one them or just telling about the advantages of Bitcoin to others then you are doing worng. Tell every basics regarding Bitcoim what he must know.

I also tried to spread knowledge about Bitcoin among my family and friends. But I have shared every risks and rewards of gaining it so that they have a clear vision on it. I can't play with others money or investment. But recently I have stopped doing so because I was forced by the government rules. They published that anything related cryptocurrency is illigal. So I am just for the better days to spread more a about Bitcoin. And hope it will come soon.

[TelolettOm]

When you tell people about BTC, you somehow carry a vague responsibility. If you feel that way, you must also tell them to sell to take a profit when the bull market is almost over. The blame will be worse when the person you convinced to invest in BTC is your close friend. You don't wanna lose that trust and friendship.

That's why you must remind them about the risks. And they also must understand that you only share the information and it is not a must to follow it. But if they want to try investment, you must tell them that you have no responsibility with the potential risks. DWYOR is the common words to remind every crypto investor about their investment is with their own responsibility.

I always do the same way even it is to my close people. I remind them DWYOR.
Sure, it will be more complicated if the close people blame us. We all know it easily ruins the friendship or brotherhood if it is about money.

When BTC reached $69000. I didn't choose to sell it. but the current price of Bitcoin dropped to less than $30000. Is it the most reasonable choice to sell BTC now and turn your attention to other investments? I hope to get some good suggestions. Although I have held BTC for many years. I am not good at management.

You copy paste your previous post https://bitcointalk.org/index.php?topic=5461343.msg62615329#msg62615329.
Why should you do this? That post is also OOT, dude.

[Asuspawer09]

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.

Don't forget to teach them about the risk of investing in cryptocurrency, you teaching them wrong just saying that go and buy Bitcoin and then you might get lucky and possibly earn a good amount of profit, well it might work but doesn't exactly work like that because investing on Bitcoin is one of the riskiest investment that you could make because of the volatile market price. If you don't teach them the risk they just think that it is easy just waiting and then think that it is going to give them profit in the future, it's difficult to believe in bitcoin if you don't really understand the market cycle and how bitcoin works. They would just end up losing a huge amount of money and surely going to blame you in the end. The trick, in my opinion, is don't teach them because there are surely going to be dependent on you, that you should do is make them figure it out on their own because it wouldn't really make sense if you're just going to spoon-feed everything.

[Vaskiy]

When you tell people about BTC, you somehow carry a vague responsibility. If you feel that way, you must also tell them to sell to take a profit when the bull market is almost over. The blame will be worse when the person you convinced to invest in BTC is your close friend. You don't wanna lose that trust and friendship.

I feel ashamed of one of my colleagues when I told him to buy XRP back in 2016 and not send a notice to sell when the bear market started in 2018.
I took the responsibility too. I always remind my sister to sell the coins that I sold to her because I don't want her to suffer the same fate that I did in 2017.

To be on the safer side we should not give suggestions on investment. We need to just give the introduction and further direct them towards the available sources. Let them choose what is necessary for them. When we give suggestions, surely the blame will be on us if the same didn't profit. Opposite thing happened with me, I introduced cryptocurrency to a person and never suggested on investment over particular cryptocurrency. He chose something on his own and was lucky to make good money, and I supported him to buy as he doesn't have the proper knowledge back. Once after booking good profit he never said a word on it later. So we need to introduce and never expect them to be good with us.

[Wend]

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.

Dont forget to teach them about the risk on investing on cryptocurrency, your teaching them wrong just saying that go and buy bitcoin and then you might get lucky and possibly earn a good amount of profit, well it might work but doesnt exactly work like that because investing on Bitcoin is one of the riskieast investment that you could make because of the volatilr market price. If you dont teach them the risk they just think that it is easy just waiting and then thinking that it is going to give them profit in the future, its difficult to believed on bitcoin if you dont really understand the market cycle and how bitcoin works. They would just end up losing a huge amount of money and surely going to blame you in the end. The trick in my opinion is dont teach them because there are surely going to be dependant on you, ehat you should do is make them figure it out on there own because it wouldnt really make sense if your just going to spoon feed everything.

If we only talk about the advantages, emphasize the profits, and ignore the risks of telling bitcoin to others, we are doing them more harm than we think we are helping them make money. Yes, bitcoin is a riskier investment, if not the riskiest, when compared to traditional investments. But many people are under the illusion that investing in bitcoin is risk-free, it will always profit them. Don't forget that the higher the return, the higher the risk, fantasizing too much about bitcoin is like killing yourself.

[Silberman]

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 that is a risk that you are willing to take then that is on you, we cannot really blame bitcoin holders for remaining silent about their investments these days, as not only you could be held responsible in the case someone else followed your advice and they lost money because of it, now criminals are realizing the value of bitcoin and if the wrong people find out that you are a bitcoin holder then you could find yourself becoming targeted by them and lose your coins to those criminals, demonstrating once again that the best thing you can do when it comes to your investments is to remain quiet about them.

[Mauser]

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.

Nothing wrong with telling people about bitcoins, especially people that are not familiar with crypto currencies are likely interested in the topic. It's always better to learn something from a conversation with personal experiences than to read about it in article. Also people might be afraid to learn about bitcoin as they think the subject is too complex, in a conversation we can tell them otherwise and encourage them to give it a try. In my opinion the most important thing when telling people about cryptos is to be honest. Don't only tell them about the success story and the large financial profit they can make, also tell them about the risk involved. It would be terrible if people rely on your recommendations and end up losing money. Just because something has risk involved is not a reason to not tell others about it.

[tbct_mt2]

Nothing wrong with telling people about bitcoins, especially people that are not familiar with crypto currencies are likely interested in the topic. It's always better to learn something from a conversation with personal experiences than to read about it in article.

I can have old school style but I like to learn with documents, articles, books than listening to podcasts, watch videos because I can not hightlight, bookmark important points. When I need to check back, it is hard to do it with podcasts and videos.

If I read articles, blogs, books before I join a conversation, I can ask more useful useful questions and get more helpful answers. Reading is like my preparation for face to face conversations and it helps me to avoid overwhelming information.

If we only talk about the advantages, emphasize the profits, and ignore the risks of telling bitcoin to others, we are doing them more harm than we think we are helping them make money. Yes, bitcoin is a riskier investment, if not the riskiest, when compared to traditional investments. But many people are under the illusion that investing in bitcoin is risk-free, it will always profit them. Don't forget that the higher the return, the higher the risk, fantasizing too much about bitcoin is like killing yourself.

All things in investment, trading have risk, low or high and if we skip about risk in our conversations, we will make our information is unreal. Some people who are naive will believe us but most of rest who are well minded will question about accuracy of our information.

It is our failure if we get such suspiciousness from people who are introduced about Bitcoin by ourselves. It is better if we don't talk anything and let them to learn about Bitcoin naturally. If we proactively make introductions, we must do it professionally by not excluding risks.

[Woodie]

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.

Don't you think this is unfair on people that introduce  bitcoin to others as any kind of investment should be made based on having some extra funds to spare for miscellaneous activities such as crypto and even if it went to the waste one can't complain much.
Besides, good paying investments have high risk!

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. 

Rule number 1, do your own due diligence and don't rely on third parties.

Rule number2 , understand the risk!

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.

Great job, Introducing  people to bitcoin helps in raising the demand..which translates into high value of the coin and is a win-win for everyone.

[lizarder]

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.

I want to know the first step for you to introduce bitcoin to other people using what method? Most people are familiar with bitcoin and although not everyone is involved in it. I mean the availability of internet has made bitcoin known all over the world but still many people have doubts about bitcoin for some reasons they don't know and there is no source that can explain in details. Often when we try to introduce this to others we must also have a broad understanding of bitcoin ourselves and have at least been directly involved in the investment.

It's entirely your right to introduce bitcoin to other people and to be honest it will be much easier to say than explaining bitcoin to other people, especially for those who don't know how bitcoin works. When your good intentions want to do that, be consistent and continue to provide an understanding of the risks as well, so they can see the whole story of how to make the right investment.

[Kelward]

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.

When I started learning about bitcoin, I was so enthusiastic about it that I started sharing my experience and the benefits of it with family and friends, but at a time, the negative feedbacks that I got from most of them, made me to think twice about promoting the coin. People have all sorts of negative perceptions about bitcoin in my country, likening it to all sorts of online scams like ponzi schemes and where people hide their loots. The government does not help matters as the central bank has put a ban on cryptocurrencies. So like you I don't openly talk about bitcoin, this days I only tell friends who are genuinely looking for investment options about bitcoin. I make them understand the gains and the risks involved in investing or trading bitcoin and let them decide.

[synchronym]

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 don't think it would be wrong for us who do bitcoins to teach bitcoins to others be it my friends or relatives. We all want Bitcoin to be used with awareness. We want to do the same as the countries in the world where Bitcoin is valid are working with popularity. If you want to earn money from Bitcoin then you have to invest in Bitcoin patiently. When you go through this bitcoin bad time you must be patient and through this patience you will get success one day.