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Author Topic: presuring someone into Bitcoin investment  (Read 1150 times)
xSkylarx
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September 11, 2023, 01:20:40 AM
 #201


Hidden motives!
I wonder if there are those out there that are doing their outmost to get people into picking bitcoin investments for trading purposes. That would be such a wrong move on there side and one that is mainly birth out of greed.
Just how do anyone do that?
Convincing a newbie to bitcoin or cryptocurrency to come take up cryptocurrency trading just so the invitee could get referrer bonuses and trade bonuses, that’s not being a good friend to such individual.

It takes a lot of energy in trying to convince someone. I think the best approach would always remain in you having to leave them to convince themselves. You can’t really convince someone who doesn’t think that which s/he is being introduced would benefit them. They have to convince themselves before you could win them over.

Still, it would be a good idea to jot over exaggerate things when trying to win them over.
When someone is trying so hard to sell you something, they usually have something to gain from doing so. We often blame crypto influencers for misleading their followers whereas regular bitcoiners like you and I do the same to their friends and families. It doesn’t always end well when you introduce a close friend or family member to investments, they somehow hold responsible for any loss they may incur because they feel it’s your fault they are losing money, these things can break a relationship and I don’t think it is worth it.
You are probably right, the relationships that we have built over the years with our loved ones and friends are at risk. I don't want to risk it. It’s better to let them find out for themselves on the Internet or on television (although I think they cover it from a negative point of view). And if after that they are interested in Bitcoin, then you can give neutral advice if they ask you. Or basic safety tips that beginners need at the beginning of their journey. I definitely would not give financial advice on the rise or fall of Bitcoin.

Real friends wouldn't be destroyed just because of money, but in this case, right now, most people have lost their minds when it comes to money. You are right that friendship or the relationship between them is at risk if something happens to their investment. Even though you know that it ain't your fault as it is their action, some people will still hold you accountable because they've lost their money because you persuaded them.

Right now, it is better to keep quiet, and if they ask you about it, just tell them to find it online and learn it. Only then can you have a proper conversation if they already know what Bitcoin really is and the purpose behind it.
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September 11, 2023, 12:22:11 PM
 #202

I don't believe that pressuring can work with Bitcoin investment, it's already complicated enough for new beginners, assing pressure will make them run away because they will start thinking that there is more to it that you aren't telling them.

I remember telling someone about Bitcoin investment and later I heard they went ahead and invest in HYIP, bring 30$ and get 300$ in a week or two, this worked for her on the first try and she came to my place to show off the investment, yet I still managed to warned her about the danger lurking in front of her, but you know, these people would think you are jealous of their accomplishment, later it turned scam and they run away with her money.

I heard she invested more than she started with in the past week, greed caught up to her and she paid heavily for it, she couldn't even come to tell me herself, I heard the whole thing from her little sister.

People like what will turn into money faster, so it's comfortable for them who have the knowledge to avoid Bitcoin and go for the quicker ways.
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September 11, 2023, 02:28:07 PM
 #203

I don't believe that pressuring can work with Bitcoin investment, it's already complicated enough for new beginners, assing pressure will make them run away because they will start thinking that there is more to it that you aren't telling them.

I remember telling someone about Bitcoin investment and later I heard they went ahead and invest in HYIP, bring 30$ and get 300$ in a week or two, this worked for her on the first try and she came to my place to show off the investment, yet I still managed to warned her about the danger lurking in front of her, but you know, these people would think you are jealous of their accomplishment, later it turned scam and they run away with her money.

I heard she invested more than she started with in the past week, greed caught up to her and she paid heavily for it, she couldn't even come to tell me herself, I heard the whole thing from her little sister.

People like what will turn into money faster, so it's comfortable for them who have the knowledge to avoid Bitcoin and go for the quicker ways.
Bitcoin and cryptocurrencies are complicated, especially for beginners, thus such stories are worrisome. Knowledge rules. The lure of 'fast money' leads people to fall for schemes with unrealistic returns. Most HYIPs are pyramid schemes that collapse, capturing unwary victims' money.

Education and diligence protect against these risks. Pressuring beginners into cryptocurrencies without instruction is dangerous. Instead, encourage inquiry, learning, and cautious optimism. When "fast money" looks easier than ever, remember the old adage: if it seems too good to be true, it probably is.

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TheSpiral
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September 11, 2023, 04:39:16 PM
 #204

You can educate someone about a certain investment or specifically bitcoin but you can never decide for himself, because investing needs prior research and studies so you can prepare for its risk and to avoid losing as well in the process. That is how OP’s mother is trying to do and now after a series of research and studies, she’s now certain with he decision because she knows already the high potentials of bitcoin to succeed in the future.

Taking decision is a personal matter and no one can take decision for others but sometimes when people hear about success and they don't know how to get profit then they give money to others for the purpose of investment.

I will wants to talk about this matter that whenever someone tells you to help him in bitcoin investment then just share details and experience with him but never utilize his money for investment because if you Loss money then you will always be entangled in blameworthiness.

It is also disadvantageous for the hopeful person because if he trust on someone and he take his money then without crying he cannot do anything so always move forward with open mind.
sompitonov
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September 12, 2023, 09:31:59 PM
 #205


Hidden motives!
I wonder if there are those out there that are doing their outmost to get people into picking bitcoin investments for trading purposes. That would be such a wrong move on there side and one that is mainly birth out of greed.
Just how do anyone do that?
Convincing a newbie to bitcoin or cryptocurrency to come take up cryptocurrency trading just so the invitee could get referrer bonuses and trade bonuses, that’s not being a good friend to such individual.

It takes a lot of energy in trying to convince someone. I think the best approach would always remain in you having to leave them to convince themselves. You can’t really convince someone who doesn’t think that which s/he is being introduced would benefit them. They have to convince themselves before you could win them over.

Still, it would be a good idea to jot over exaggerate things when trying to win them over.
When someone is trying so hard to sell you something, they usually have something to gain from doing so. We often blame crypto influencers for misleading their followers whereas regular bitcoiners like you and I do the same to their friends and families. It doesn’t always end well when you introduce a close friend or family member to investments, they somehow hold responsible for any loss they may incur because they feel it’s your fault they are losing money, these things can break a relationship and I don’t think it is worth it.
You are probably right, the relationships that we have built over the years with our loved ones and friends are at risk. I don't want to risk it. It’s better to let them find out for themselves on the Internet or on television (although I think they cover it from a negative point of view). And if after that they are interested in Bitcoin, then you can give neutral advice if they ask you. Or basic safety tips that beginners need at the beginning of their journey. I definitely would not give financial advice on the rise or fall of Bitcoin.

Real friends wouldn't be destroyed just because of money, but in this case, right now, most people have lost their minds when it comes to money. You are right that friendship or the relationship between them is at risk if something happens to their investment. Even though you know that it ain't your fault as it is their action, some people will still hold you accountable because they've lost their money because you persuaded them.

Right now, it is better to keep quiet, and if they ask you about it, just tell them to find it online and learn it. Only then can you have a proper conversation if they already know what Bitcoin really is and the purpose behind it.
There is an expression: if you don’t want to lose friends, then don’t start a joint business with them. A similar rule applies here - don't give them financial advice with Bitcoin. I agree with you about the blame, they will shift the blame onto you because they don’t want to be responsible to themselves. This is why many people listen to pseudo-analysts and bloggers on YouTube who tell them what to buy and follow their advice. And then they write that the analyst is bad, but they don’t think that they should have started by criticizing themselves.

You can also communicate by adjusting to your friend’s development in this area. If he is poorly versed, then communicate with him on an equal footing, without correcting him too much.
Rengga Jati
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September 12, 2023, 09:44:23 PM
 #206

presuring someone into Bitcoin investment
Simply, this will not be a wise idea, pressuirng someone to invest in Bitcoin is not wise,mate. There needs their own.
They need their own awareness to invest, while we only need to introduce and pave the way, and if we can while observing and supervising how that person invests, we can also do it. But never pressure someone to invest in this high risk thing. What's more, if we make too sweet promises to people who don't know what Bitcoin is at all.

I can remember some years ago, I talked to my mother about Bitcoin and investing on it. that was two years ago. she should use any amount she could use as a trial, but she rejected the idea of investing on Bitcoin.
wasn't the price of Bitcoin 2 years ago higher than now? If 2 years ago your mother had really followed your advice to invest in BItcoin, then she would have really regretted it because at that time the price of Bitcoin fell more and more, and in the end she really became more convinced that you had cheated her. Now, the price of Bitcoin is currently dropping quite a bit, and it is still good to buy. If you explain that there are bullish and bull run cycles, maybe he will understand a little if one day the value of Bitcoin will fall or rise drastically. But once again, never force someone else to invest in Bitcoin.

R


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