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Author Topic: I'll always tell people about bitcoin  (Read 857 times)
Promocodeudo
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July 30, 2023, 04:31:33 PM
 #121

It is a good idea to preach bitcoin to people, but make sure you are telling the people that are interested, willing and not by force, you should make sure that you pass the information as it is, don't add or remove anything and don't over hype bitcoin.

Also tell them how the market is at this point, and what the may face when they are fully involved in bitcoin.

Allow them to make there decision on whether to invest or not, because bitcoin risk is personal for the avoidance of blame.

Most importantly note Bitcoin is not for people that want quick money, it is for people that can endure the test of time, the people that succeed in Bitcoin, are the ones that believe in long-term investment, and this requires the ability to hodl and forget.

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July 30, 2023, 04:52:59 PM
 #122

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.

Bitcoin has never caused a loss for the investor who knows how to wait long enough. Contrary to what you said, I'm promoting Bitcoin more and more every day.

Everyone around me knows that I am interested in Bitcoin. I tell them about the stages Bitcoin goes through and how it never loses in the long run. A person who invests today will not lose in the long run.

Make your investment and wait. Bitcoin presents a buying opportunity for now. Even if it drops to 20 thousand tomorrow or the next days, nothing will change. In the long run, it will rise again and make its investors happy.
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July 30, 2023, 05:06:49 PM
 #123

I appreciate your vocation and plan to continue making bitcoin reachable to the people, but let me clarify a couple of things. While the fact that we fear losing friends and family members in connection over a failed suggested investment, you seem to downplay it a little bit my friend. A failed suggested investment's consequences are losing connection with the people that you recommended it into, the worst could be incarceration and even threats to your life like what happened to some people in the past. If you think you could live with that then good, but do not downplay and invalidate other people's feelings and thoughts just cause you thought yours are superior over them. There's more ways you can bring bitcoin to the topic of discussion, recommending them to your friends and families is one thing. Perhaps these people who refrained from recommending bitcoin to their friends and families have done other things to help with the adoption of bitcoin? What of them?
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July 30, 2023, 05:54:44 PM
 #124

Bitcoin has never caused a loss for the investor who knows how to wait long enough. Contrary to what you said, I'm promoting Bitcoin more and more every day.

Everyone around me knows that I am interested in Bitcoin. I tell them about the stages Bitcoin goes through and how it never loses in the long run. A person who invests today will not lose in the long run.

Make your investment and wait. Bitcoin presents a buying opportunity for now. Even if it drops to 20 thousand tomorrow or the next days, nothing will change. In the long run, it will rise again and make its investors happy.
Here I am not agreed with this it's never caused loss because I personally have different experience about this as few times I have to sell this just because of my emergency need specially while I was living without job and I need money, so I have to sell my bitcoins on less price, so you can't tell peoples it's never give you lost.

With in few countries now cryptocurrency is being treated like gambling and few are trying to ban this all which is also problem but still it's spreading which is a positive way which need more time and positive views about this for the newbies specially new generation peoples which are going into this all so giving them information in groups and as way of income is also good but with all positive and negative also needed to be shown.

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July 30, 2023, 06:25:07 PM
 #125

Impressive! Your enthusiasm is truly inspiring and has a positive impact on the existence of Bitcoin. I'm certain that many Bitcoin communities greatly support your efforts as you strive to make Bitcoin more widely known among people.

However, there are a few things that pique my curiosity about your approach to introducing Bitcoin to those unfamiliar with it. What are the criteria you use to decide whom to educate about Bitcoin? Do you have a specific age target for this endeavor? For instance, at what age do you start introducing Bitcoin to people? Or perhaps, do you focus on individuals with certain educational backgrounds? Additionally, what methods do you employ to capture their attention and engage them effectively?
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July 30, 2023, 07:51:54 PM
 #126

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.
If I introduce someone to bitcoin, I will be completely transparent with them so that nobody can hold me responsible if something goes wrong. When some people explain bitcoin to others, they solely emphasise its benefits, the majority of them will concentrate on its potential for financial gain, they rarely discuss bitcoin's potential for loss. I always warn the people  I introduce to bitcoin that they shouldn't hold me accountable if anything goes wrong and that I'm not pressuring them 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.
Have seen some people being happy because they were introduced to bitcoin, and some are sad because they didn’t meet what they were expecting, some people see bitcoin as a place where you can make quick money which is wrong, incase if they join and they didn’t make quick money they will end up getting disappointed.

We should know that if you are not planning to hold bitcoin for a long time then bitcoin is risky, but if we are planning to hold for a long term, then it’s less risky.

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imamusma
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July 30, 2023, 08:06:14 PM
 #127

It is a good idea to preach bitcoin to people, but make sure you are telling the people that are interested, willing and not by force, you should make sure that you pass the information as it is, don't add or remove anything and don't over hype bitcoin.
Not always good, I mean if you are in a country where bitcoin is banned completely. You are free to preach bitcoin to anyone interested in bitcoin regardless of whether you do it in public, face to face with several people or by holding a special class, but make sure you do not violate the rules of the country where you live.

So far I can preach bitcoin to everyone I think is interested in bitcoin, that's because my country has legalized bitcoin to some extent even though it doesn't legalize it as legal currency. But I tend not to start first if my interlocutor has never asked me anything about bitcoin. Some people become sensitive when introduced to something new, especially involving money. They were afraid of being scammed like the previous scams like ponzi schemes, so that's why I didn't start first without them starting.

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July 30, 2023, 09:57:16 PM
 #128

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 didn't do that OP. Teaching about Bitcoin should be done to interested people otherwise, you are wasting your time doing it. I'm not afraid to be blamed as they can't do it because as long as they will understand clearly, there is no reason of blaming you back from the mistakes and losses. But if you do this to the people who are not interested and just think that investing is 100% sure profit, you can really be expecting that.

Perhaps, nobody will stop you but the question is .what is the output of your teaching? Is it effective or not?

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July 30, 2023, 10:32:31 PM
 #129

The reason why a lot of those introductions turned out badly in the end was because of the narrative they were introduced to: "If you buy Bitcoin, you'll be rich in no time" - While this is okay, it gives people the idea that Bitcoin is a get rich scheme and when it's no longer giving, say bear market kicks in, they turn away looking for the next big thing.
While this might be the case, people ought to be scared of that which poses no risk and gets to ask some serious questions. I feel bad for those who ignores all odds to preach just the goods that could come with the system and not prepare the minds of this wealth seekers that, it could go south or it gets bad at times. More so, I also imagine just how someone would be easily convinced that there are risk free investments in this world and still, why isn’t everyone diving in and getting rich.

People just have to talk to themselves, ask necessary questions and be scared of risk free investments because, that can’t exists. You’re always going to be met by some risk on the way and your income can never be consistent. Things would go wrong at some point and drop your sales or net profit and in a worst case scenario, loses.

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July 30, 2023, 11:56:36 PM
 #130

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 didn't do that OP. Teaching about Bitcoin should be done to interested people otherwise, you are wasting your time doing it. I'm not afraid to be blamed as they can't do it because as long as they will understand clearly, there is no reason of blaming you back from the mistakes and losses. But if you do this to the people who are not interested and just think that investing is 100% sure profit, you can really be expecting that.

Perhaps, nobody will stop you but the question is .what is the output of your teaching? Is it effective or not?
yes it is about efficient or not the way it will be done. maybe the OP has a lot of time to preach about Bitcoin to everyone and look for one by one who is interested and then teach more about Bitcoin to people who are interested in what the OP has to say.
nothing will stop OP from introducing and teaching Bitcoin except in OP's country Bitcoin is still illegal maybe law enforcement there will stop OP.
I don't know, I think the OP is too excited and seems too dismissive and doesn't have a mature plan to do it.
I don't know whether the OP thought it was effective or not and I think doing it without careful planning and the unpreparedness of someone who conveyed it would be able to damage the name Bitcoin itself in the eyes of the public.


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July 31, 2023, 04:00:19 AM
 #131

It is a good idea to preach bitcoin to people, but make sure you are telling the people that are interested, willing and not by force, you should make sure that you pass the information as it is, don't add or remove anything and don't over hype bitcoin.

Also tell them how the market is at this point, and what the may face when they are fully involved in bitcoin.

Allow them to make there decision on whether to invest or not, because bitcoin risk is personal for the avoidance of blame.

Most importantly note Bitcoin is not for people that want quick money, it is for people that can endure the test of time, the people that succeed in Bitcoin, are the ones that believe in long-term investment, and this requires the ability to hodl and forget.
So true. The most important thing is that we only have to teach those who are interested and really need knowledge about this. Because telling people who aren't even interested in this could get us a negative response. But it would be really great if we could make people who weren't interested really interested after hearing our explanation. But it's not easy and it takes a good way of speaking or diplomacy in this case.

In teaching everything, anything must be conveyed as it is. Risks and potentials and everything that is included in this industry must also be conveyed properly. In order to avoid decisions based on hype and want fast money. because as you said that Bitcoin is for the long term. And people who are ready to invest in the long term are those who already have insight and have steady confidence because they see potential in the future.

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July 31, 2023, 07:08:19 AM
 #132

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.
Rejections are a part of the day-to-day life, you should first of all shouldn't encounter people for educating them about Bitcoin if they are not interested in it at all, but those who show some interest, you should go ahead and tell them everything you know about Bitcoin, both positive and negative so that they know that there are also risks involved if they think of making investments but there are more positive things than the negatives about Bitcoin and cryptocurrencies.

If you see during the conversation they are trying to counter question you trying to prove that you are wrong and Bitcoin isn't a good thing or something, that is when you should smile and end the conversation instead of wasting your energy on people that are ignorant and let them regret it in the future.
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July 31, 2023, 08:35:06 AM
 #133

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.
Rejections are a part of the day-to-day life, you should first of all shouldn't encounter people for educating them about Bitcoin if they are not interested in it at all, but those who show some interest, you should go ahead and tell them everything you know about Bitcoin, both positive and negative so that they know that there are also risks involved if they think of making investments but there are more positive things than the negatives about Bitcoin and cryptocurrencies.

If you see during the conversation they are trying to counter question you trying to prove that you are wrong and Bitcoin isn't a good thing or something, that is when you should smile and end the conversation instead of wasting your energy on people that are ignorant and let them regret it in the future.

It depends, I mean, if they listen attentively to your explanation of bitcoin and then they make an argument from their bitcoin knowledge against you. It means they are interested in bitcoin but still have some doubts and it is your duty to answer their doubts, not to end the story abruptly. But if they are stubborn and ignore your explanations, it's time to end the bitcoin story to avoid wasting both of your time.

Bitcoin is still unfamiliar to many people, so once we accept that we want to spread bitcoin to everyone, we should prepare ourselves for rejection or criticism.

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July 31, 2023, 09:09:19 AM
 #134

I am always somewhere in between telling people about Bitcoin and not telling anyone because I have learn a lot, while I was finding my way up I have meet some people that only knows how to discourage me, even after telling them the opportunity that comes with Bitcoin investment, so I learn to keep my mouth shut.

Now I make sure that you are into online hustles that can bring you money before I can tell you about Bitcoin investment, I am not going to tell you about Bitcoin if you are a store owner or a trader, their mindset is always on something else, such people are harder to confuse about anything so its like a stress to me.

In my opinion, it is not important to confuse people into investing in Bitcoin, since people will eventually start rushing into Bitcoin themselves, and most people look for short-term gains anyway, so bitcoin investment does not appeal to everyone.

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July 31, 2023, 11:03:05 AM
 #135

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.
You have to take risk to invest. If you don't take risk, you can't expect to get profit by investing. Many people are making money by investing in Bitcoin. Again, many people think that there is no possibility of losing money if they invest in Bitcoin.  It will be wrong to think. Profit and loss will depend on the market condition after investment. If you always invest with the thought of profit, it can cause a big problem for you. After investment, you have to accept both profit and loss.


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July 31, 2023, 11:25:45 AM
 #136

If I introduce someone to bitcoin, I will be completely transparent with them so that nobody can hold me responsible if something goes wrong. When some people explain bitcoin to others, they solely emphasise its benefits, the majority of them will concentrate on its potential for financial gain, they rarely discuss bitcoin's potential for loss. I always warn the people  I introduce to bitcoin that they shouldn't hold me accountable if anything goes wrong and that I'm not pressuring them to invest in it.
If someone blames you for introducing crypto to him it means this person has no idea about what investment is and what risks you take the moment you decide to invest. It is relevant not only for bitcoin and other cryptos , but for everything we can perceive as an investment, staring with stocks and ending with peoples relationships. You always should emphasise that you have no responsibility for other people’s choices and you only can make their way easier, because you obtain knowledge and experience in crypto.

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July 31, 2023, 12:00:38 PM
 #137

As for me, I'm not scared and I'm willing to teach everyone about it but what I'm worried about is when they put the blame on me when their investment goes the wrong track and there are lots of incidences where the crypto market has gone down due to the volatility and some of the investors who don't know what they have done, blame the others for their failed investment. That's why instead, I only choose those who can simply understand the risk of investing and I will gonna highlight the scenario where they can use their investment despite the fact it has a higher chance to succeed because bitcoins investment historically has a higher chance of success rate if held for long term.

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August 01, 2023, 05:35:39 AM
 #138

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.
That's exactly what everyone should do. Don't just go ahead and start convincing people that Bitcoin is good, it is profitable as an investment, it's anonymous, and it has many other useful features, etc. Let them hear about it themselves, do find out what it is and what it can be used for, and then if someone approaches you showing interest about it and asks you to tell them more about it, that's when you should go ahead and tell them everything you know including the risks involved.

If you go to people one by one, out of excitement, and tell them how good and useful Bitcoin is, they might not take you seriously and think that you are trying to promote something that will provide you with benefits if they join it, and people mostly tend to avoid things like that, that's why it's better not to do that.

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August 01, 2023, 06:22:19 AM
 #139

It is my duty to tell about bitcoin to people and it is their decision to invest in it.

This is honestly easier said than done — a lot of people will be putting some blame on you regardless if you say it's risky and it wouldn't be your responsibility of they lost money.

But yea, you do you. If you're willing to take the risk regardless, best of luck.

Introducing bitcoin to people won't be a bad thing for him, but it is a wish for everyone who wants to do so. Even though bitcoin transforms people from zero to heroes, there is one thing we need to know before doing so. The first thing you should consider is whether the individual or individuals you are introducing to bitcoin have the money to support themselves as well as the intention to invest in bitcoin. These are the first things you should be aware of before involving someone in bitcoin, because I have witnessed many relationships fall apart only because of bitcoin, and we need to be cautious about it.

I didn't mean to imply that it was bad to introduce people to bitcoin, but rather that since we are all aware that it has both a positive and a negative side, we should make an effort to understand each person's character or way of life before doing so. Additionally, we should strive to explain everything about bitcoin to them so that if something goes wrong or the market price drops, they won't hold you accountable or place any blame on you. This is because all people find it challenging to understand financial concepts.

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Cryptmuster
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August 01, 2023, 07:52:02 AM
 #140

As for me, I'm not scared and I'm willing to teach everyone about it but what I'm worried about is when they put the blame on me when their investment goes the wrong track and there are lots of incidences where the crypto market has gone down due to the volatility and some of the investors who don't know what they have done, blame the others for their failed investment. That's why instead, I only choose those who can simply understand the risk of investing and I will gonna highlight the scenario where they can use their investment despite the fact it has a higher chance to succeed because bitcoins investment historically has a higher chance of success rate if held for long term.

The initiative is punishable, you don’t need to take the initiative yourself and tell people about bitcoin. Why would anyone know that you have bitcoin? This is your safety, think about it, if someone knows that you have bitcoin, and one day bitcoin will cost a million dollars, then most likely there will be those who want to take it from you. I look at it as if you told anyone that you have gold, few people do this and the reasons are clear.

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