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Author Topic: BITCOIN: Give people time!  (Read 1028 times)
Blitzboy
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August 22, 2023, 11:20:10 AM
 #81

~
Although it's not the story that intrigue me to share this info  to the community but it's mainly the lessons I learnt from it that did, which I'll believe a lot of bitcoiners needs to know even as they talk to people about bitcoin. Which are:-

1. Give people time; they will show interest when the time is right for them. Their timing may not be same with yours, if you've done your own job of talking to them about it, then that's fine.

2. The amount of energy and time you expend preaching to someone about bitcoin is not a warranty that he will accept what you're offering. Maybe not immediately!

3. We should always tell people to go do their own research about bitcoin after giving them some preaching about it. Doing their own research from with what they  get online can strengthen their conviction about what they've have been told.


What do you think about this?
Sometimes, there are people who are insisting at first, but deep inside of them, they are very curious to know what a particular thing is, and in this case it's Bitcoin.

TBH, I didn't ever try to share many information about Bitcoin into my community although I know that there are some who really knows what Bitcoin is, or at least they've heard the term "Bitcoin". I just hope that there will be a time where all of us will gather in one spot, and just sharing anything about Bitcoin, and crypto in general so that we can share lots of information with each other. As for the OP's case, it's good that after months your uncle did invest into it. Your preaching might not have an immediate effect, but that helped him realize, did research, and learn what Bitcoin is.

Will I ever talk to some people with regards to Bitcoin? I might in the future, but as of now I don't want unless they're the ones who will approach me. After all, sharing lots of information about Bitcoin to other might not let them convince to invest into it at all. As for the 2nd one, your energy will be useless if the people who you introduced Bitcoin aren't really interested at all. As for the 3rd one, it's quite unfortunate that people aren't doing proper research before investing. They are relying on other people with regards to information - like spoon-feeding.
Curiosity is the very thing that led to our development. Your reluctance to talk freely about Bitcoin in your community could be a result of a natural caution. But keeping quiet is no longer a good thing in a world where data, knowledge, and decentralized systems rule. Our ancestors did not live well because they waited for the mammoth to come to them. Instead, they went hunting. In the same way, if you think Bitcoin has a lot of promise, why wait? Be the first person in your neighborhood to join the crypto revolution. We need to stop waiting for the ignorant to come to us before we help them. Lack of study on their part? Thats their fault. Lets take charge, not follow.

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August 22, 2023, 01:17:45 PM
 #82

I think this is a good topic and the story is also good, yes indeed we as btc investors don't hurt to tell people about bitcoin, yes, maybe at that time he was not interested in investing in btc, but there are times when he will also think and search know more about the knowledge and how to invest BTC properly, such as via the internet and so on and for sure sometimes it takes time to be able to receive BTC.

In my opinion, telling other people about BTC is a good thing as long as there is no coercion, but we also have to be anonymous, so that no one knows about all of our assets so that there are no unwanted things, such as crime and so on.
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August 22, 2023, 01:32:42 PM
 #83

I think this is a good topic and the story is also good, yes indeed we as btc investors don't hurt to tell people about bitcoin, yes, maybe at that time he was not interested in investing in btc, but there are times when he will also think and search know more about the knowledge and how to invest BTC properly, such as via the internet and so on and for sure sometimes it takes time to be able to receive BTC.
Those who start looking for Bitcoin on the internet after hearing it from us or other people are people who are curious about Bitcoin and he also has an excessive curiosity about something new or what he has just heard from other people or whatever. Because there are also people who, after hearing about Bitcoin through other people's stories, they are still apathetic or don't want to know about what they have heard from our stories or other people's stories.

Quote
In my opinion, telling other people about BTC is a good thing as long as there is no coercion, but we also have to be anonymous, so that no one knows about all of our assets so that there are no unwanted things, such as crime and so on.
Giving like suggesting is a good thing and indeed there shouldn't be an element of coercion because we ourselves are also not in a forced condition or conditions that force us to tell other people about Bitcoin. But as long as it is to suggest, I don't think it's wrong to do and we also don't need to tell about the amount of assets we have because that is a very different discussion from what we want to suggest.
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August 22, 2023, 01:38:46 PM
 #84

We know btc is good investment because we have done research about it and have faith in it but if we push someone towards making investment in it without even doing their own research then they will be under the panic sellers when prices fluctuates due to volatility.So for any investment we must take necessary steps like understanding about it and why it would give you return.

Even old investors sometimes panic if the market fluctuates greatly, so we should give everyone time to get used to bitcoin. We should not rush or rush them to invest in bitcoin, everything takes time and investing in bitcoin is no exception.

Many people push others to invest in bitcoin because they fear their friends or relatives will miss the opportunity to buy cheap. But what they don't know is that investing without knowledge, without psychological preparation is many times more dangerous than buying high priced.

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August 22, 2023, 01:40:20 PM
 #85

You handled it well by not pressuring him into Bitcoin after he declined during the explanation. This approach is key to persuading others and promoting Bitcoin. If someone else can benefit from its volatility, that's not a problem. It's even more rewarding when those close to us can earn a good sum. However, it's important to present both the positives and potential risks of Bitcoin. Encourage him to research on his own so he can make an informed decision.
I consider this one of the most important points, you need to ensure that the reason is not your recommendation, but independent study of bitcoin. In this case, they will decide for themselves whether they should buy or not. For some, high volatility will be an advantage, but for this you need to understand all the risks and the decision must be made on your own, then no one can blame you for anything.

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August 22, 2023, 03:35:25 PM
 #86

I'm more interested in inviting people in a possible  self-sustaining & interdependent parallel society based on Bitcoin ideals with Bitcoin as main currency. And my targeted audience will mostly be talented hardworking people struggling to earn a living in the fiat based alternate society. I'm not really interested in their fiats, just the talents/skills and the passion for work. If they are rejects of the fiats system due to lack of school qualifications or certificates, we'll immediately scoop them up, have them refined and placed where they belong in the parallel society to help develop it and earn bitcoins via "Proof of Works" consensus mechanism. No need for certificates.. . Just prove what you can do for the society by solving problems with your talents.
The bitcoins earned by these people will be used to buys good things from other bitcoiners. That's how the bitcoins circulate, creating a thriving self-sustaining and interdependent Bitcoin economy without the need for more fiat investments.
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August 22, 2023, 05:34:35 PM
 #87

So I went to the Nelly/ Ja Rule concert this past Sunday with a couple buddies of mine. Bitcoin came up somehow, and my buddy in the back of the car (who is completely finance illiterate) said "bitcoin is a scam".  We had a brief convo and explained how it's not and that most altcoins are and he realized he was wrong.  So you're right, give people time but education is the key.

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August 22, 2023, 06:44:23 PM
Merited by The Sceptical Chymist (2), Cookdata (2), Orpichukwu (2), Zlantann (1)
 #88

3. We should always tell people to go do their own research about bitcoin after giving them some preaching about it. Doing their own research from with what they  get online can strengthen their conviction about what they've have been told.


Even without being told, I think the most appropriate things to told before venturing into any business or investment is to do a proper check both online and offline, you don't literally get into some kind of business by what was said by someone who linked you because a lot of scammers out there has brainwashed some of their agents who go about bringing people with the aim of providing a platform where they invest and make more money but at the end they end up scamming them so I think for more clearification a proper research should be done by both parties to avoid lost of funds after investment.

When it comes to Bitcoin investment, personally I have a special way of preaching to people especially those around me and I don't argue more doing that because smart phones and the internet helps to ease the stress for me so all I do is to talk to whoever that is interested to know more then  bring up my experience in my journey as a Bitcoin believer and as an investor but I try not to involve the the number of Bitcoin that I have not talk about things in my portfolio but I don't lie to them that am an investor because there's no way am going to preach about what I don't believe in or practice.


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August 22, 2023, 07:48:35 PM
 #89

The reason while people like bitcoin investment its because bitcoin investment those not a third party and I believe that bitcoin that doesn't have a third party, is something I believe so far is what makes people to over like investing with bitcoin from my perspective itsbecausebitcoinis decentralized and when investingin bitcoin you does not have to be restricted in any other functions, I know quite well that bitcoin investment is like a liberation and self management.

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August 22, 2023, 07:57:33 PM
 #90

So I went to the Nelly/ Ja Rule concert this past Sunday with a couple buddies of mine. Bitcoin came up somehow, and my buddy in the back of the car (who is completely finance illiterate) said "bitcoin is a scam".  We had a brief convo and explained how it's not and that most altcoins are and he realized he was wrong.  So you're right, give people time but education is the key.

Not just education, I believe in proper education.  In your case, your friend is convinced that he is wrong because you have vast right knowledge of Bitcoin, and know the real function and how Bitcoin operates.  If a newbie to Bitcoin explained BTC to your friend, probably your friend won't be convinced.  This is why it is best to promote correct information about BTC.

Giving time to people to digest the correct information is the best way to go.  They might probably be in defense, limiting their understanding of Bitcoin because of their initial stance, but if we just let them take their time to understand Bitcoin while feeding them the correct information, then there is a huge possibility that they will get interested and possibly jump into Bitcoin without any kind of doubt.

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Japinat
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August 22, 2023, 08:47:44 PM
 #91

And ultimately — don't push people into investing in ANY asset. Regardless if they need to take time to research or maybe they're simply not just interested, just let them be. People will buy bitcoin at a price they deserve.
That is a big NO when it comes to bitcoin. Just because you find it so much useful in your life, then you think you need to push other people too to invest in bitcoin. Know that what what’s work for you may not work for others, so be sensitive about forcing people to invest in bitcoin. They might not like it in the first place, or they simply want to think a lot of times before they’ll start risking their own money and prepare theirselves losing them.

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Oilacris
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August 22, 2023, 09:09:31 PM
 #92

3. We should always tell people to go do their own research about bitcoin after giving them some preaching about it. Doing their own research from with what they  get online can strengthen their conviction about what they've have been told.


Even without being told, I think the most appropriate things to told before venturing into any business or investment is to do a proper check both online and offline, you don't literally get into some kind of business by what was said by someone who linked you because a lot of scammers out there has brainwashed some of their agents who go about bringing people with the aim of providing a platform where they invest and make more money but at the end they end up scamming them so I think for more clearification a proper research should be done by both parties to avoid lost of funds after investment.

When it comes to Bitcoin investment, personally I have a special way of preaching to people especially those around me and I don't argue more doing that because smart phones and the internet helps to ease the stress for me so all I do is to talk to whoever that is interested to know more then  bring up my experience in my journey as a Bitcoin believer and as an investor but I try not to involve the the number of Bitcoin that I have not talk about things in my portfolio but I don't lie to them that am an investor because there's no way am going to preach about what I don't believe in or practice.


In depth research and confirmation would definitely be that part of human instinct specially on the time that it would really be caught up your attention then you would definitely be just that normal that

you would really be having that kind of approach when it comes on dealing up with things on which it would really be just that normal that you would really be tending to make out some research
on in depth analysis and would be able to find out whether it is really just that good for you to deal with or not. It would really be just that depending on you since not all would really be that good
on decision making in times or situations like this. In speaking about recognition and adoption then its inevitable and on the moves, it is really just that there are some other factors which would really be that affecting out your overall point of view whether it would be something positive or negative.

Just let the movement do its job and would flow normally. It is really just that there are people who are really that in rush in speaking about overall adoption and recognition
on which it is something that couldnt be fast tracked.

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August 22, 2023, 09:31:04 PM
 #93


What do you think about this?

That's right, we just share bitcoins with them and give them some time to think about it, don't make them invest right away. It will make them feel like we are trying to scam them and they won't feel comfortable if forced. That just makes them hate bitcoin more than care about it.

For us bitcoin is no longer a new asset but for many it is still a very new asset so it takes time for them to adapt and accept it. Furthermore, as you also said, the fact that we spend a lot of time educating someone about bitcoin does not guarantee that they will be interested in bitcoin. So don't waste your time and give them time to realize it all.
Always give people the time they deserved. Whether they want to take intensive research on it first before they can decide to invest, or it’s just they will never like the idea of bitcoin no matter what, so atleast they’re given enough time to think about it. Bitcoin is not a necessity that everyone should know and invest, but it will give a great advantage in our lives if we include bitcoin as one of our investments. However, we all have different mindset when it comes to bitcoin, while others see it very profitable and useful, some also see it useless and just another tool to scam people, that’s why one should not be force to invest in bitcoin. Let them think of it a lot of times, until they will come up with a conclusion that they won’t be regretting in the end.
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August 23, 2023, 01:16:00 PM
 #94

I think this is a good topic and the story is also good, yes indeed we as btc investors don't hurt to tell people about bitcoin, yes, maybe at that time he was not interested in investing in btc, but there are times when he will also think and search know more about the knowledge and how to invest BTC properly, such as via the internet and so on and for sure sometimes it takes time to be able to receive BTC.

In my opinion, telling other people about BTC is a good thing as long as there is no coercion, but we also have to be anonymous, so that no one knows about all of our assets so that there are no unwanted things, such as crime and so on.
My approach is a bit different since I think differently about this whole topic. I believe someone shouldn't talk someone into it themselves unless the person one is talking to shows some interest up front, that is when you should shower him with every knowledge you have about it, whether it's the positive things or negative things, tell them about its benefits along with the risks involved, and let them know each and everything and then ask them to do their own research as well.

I would never rush someone and just start discussing Bitcoin with them, it is a different thing if I'm having a conversation with someone and then there is a mention of Bitcoin or cryptocurrencies and the person asks me if I know what it is all about and then I will give my time and let him know what it is.

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August 23, 2023, 02:01:10 PM
 #95

Truth be told that most times it is always the fault of the preacher preaching bitcoin  and that is why I agree with you that we just always give it time and most times, ive noticed that people who preach bitcoin,  always make it seem like there are consequences for failure to invest at a given time and also makethe entire bitcoin seems suspicious  to their potential recruits.
There are countries were it's citizens  are always very skeptical  about online investments and my country is one of those countries where it's citizens are always very conscious about investing online because of the scams associated with it and just to mention that bitcoin  and cryptocurrency in general are always associated with scammers and that's a major setback already and I will advice that people shouldn't make it seem like investing at a particular time is the only way to succeed because that will raise alot of curiosity.

R


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August 23, 2023, 02:24:32 PM
 #96

l think you are right. All investment supposed to be based on personal decision no matter who gave the advice, to avoid laying blame on someone else that reasonably does not matter. Bitcoin investment case should not be left out. The decision to make investment has to be entirely personal, not made by the adviser. It might take time and research before the person comes to conclusion. Once one has done one's part by giving all the vital advice, the rest should be left for the person to make perfect decision.
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August 23, 2023, 02:26:43 PM
 #97

Education might work to attract some people to invest in crypto, but speculative bull runs have attracted more new believers. They're attracted by greed.   
But the underlying tech and vision of decentralized finance keep them coming back for more and make them stay.
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August 23, 2023, 02:32:35 PM
 #98

Well, this is the situation that always happens outside the forum. When someone happily introduces Bitcoin to people who have never been involved in Bitcoin, they seem to cover their ears and seem indifferent to what has just been said. This kind of thing is very common because they never knew about Bitcoin before.

Initially they refused it not without reason, human nature always looks indifferent to anything new, especially when it comes to finances. In his heart must have arisen curiosity that always crossed his mind about the information that had just been conveyed to him. This curiosity will encourage them to seek justification through Google or other credible sources, once they understand and potentially get a lot of benefits, right away they will offer to teach them how to use Bitcoin safely and profitably.

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August 24, 2023, 02:07:51 PM
 #99

So, four days ago this very un
3. We should always tell people to go do their own research about bitcoin after giving them some preaching about it. Doing their own research from with what they  get online can strengthen their conviction about what they've have been told.


What do you think about this?
when you are preaching or telling people about Bitcoin, you should preach and tell them small about Bitcoin. allow them to go on research. self research and convention and understanding it true internet will be a good one. 
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August 24, 2023, 03:12:29 PM
 #100

The approach some people take to get their near ones in to crypto is force-feeding them with information and metrics. This approach is wrong, in my opinion. Rather if they show interest, introduce it to them and provide them the answers they seek. The impetus coming from the opposite party has the best conversion ratio from no-coiner to bitcoiner.

Hence I would agree with the OP on this. Just be humble and dont act like a tinfoil hat person trying some cyberpunk currency. Patience and time are important here because you are making a older person use a completely new method with their hard earned money that they have collected of years of toil.

R


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