BITCOIN: Give people time!

[Ultegra134]

You have really done a great work OP,and your uncle has also taken his time to think and convince himself about adopting bitcoin. One thing is that people don't just rush into investing if they don't have the idea of what bitcoin is and this is why when you talk about bitcoin to some people,they would not show any interest because it is hard for someone to accept bitcoin easily without doubt. Buying bitcoin needs preparation of one's mind to take the risk of buying since the newbie has little knowledge on bitcoin. I know that your uncle will be happy with you for introducing him to bit coin soon. I hope you taught him how to use a noncustodial wallet to keep his coins for safety.

One thing I have noticed so far is that we don't have to try too hard to convince people to invest in Bitcoin because any attempt of forcing people or trying too hard to invite people and they finally make losses will lead to a big disagreement and they will blame you that you are responsible for there loses.

 Bitcoin investment is something that we don't need to force people to invest in at all. We need to allow then to make there own choices so if any thing happens along the way, you will not be accused of anything. People can either decided to sell there holdings when the market is down and that might make people to blame us for there loses which is nit do. Enough understand and tutoring is important to show people the way to be a good Bitcoin investors.

It is what it is. Personally, I've met and talked to quite a few people who are either indifferent about Bitcoin or completely against it. I'm not going to even attempt to convince either of them that Bitcoin is a worthwhile investment that will ultimately pay off. Chances are that the majority won't even care to do their own research because they've already formed their opinion based on someone else's or something they read. Thus, spending time to persuade them of the opposite is up to no good. On top of that, I don't actually care what others believe; Bitcoin has been around for quite a while. Those who believe it's worth investing will hop on the train; the rest will simply miss it. Not my problem.

[1714670957]

1714670957

[1714670957]

1714670957

[1714670957]

1714670957

[Flexystar]

This has never been about introducing bitcoin to anyone or anywhere. Bitcoin has always been charm around the internet and there is always direct and indirect publicity of the Bitcoin. Why? That’s because Bitcoin has become internet session with the time and trend of searching Bitcoin or Blockchain terms has gone up recently. It’s good that you are suggesting it to others but sometimes I am feeling we should not take the risk to do this. There are pros and cons in this one. As Bitcoiner I am no one to suggest this but it can be bad if that person is not able handle the Bitcoin volatility and lose money in the process. However, always best to take the steps cautiously and win the game.

[Quidat]

You have really done a great work OP,and your uncle has also taken his time to think and convince himself about adopting bitcoin. One thing is that people don't just rush into investing if they don't have the idea of what bitcoin is and this is why when you talk about bitcoin to some people,they would not show any interest because it is hard for someone to accept bitcoin easily without doubt. Buying bitcoin needs preparation of one's mind to take the risk of buying since the newbie has little knowledge on bitcoin. I know that your uncle will be happy with you for introducing him to bit coin soon. I hope you taught him how to use a noncustodial wallet to keep his coins for safety.

One thing I have noticed so far is that we don't have to try too hard to convince people to invest in Bitcoin because any attempt of forcing people or trying too hard to invite people and they finally make losses will lead to a big disagreement and they will blame you that you are responsible for there loses.

 Bitcoin investment is something that we don't need to force people to invest in at all. We need to allow then to make there own choices so if any thing happens along the way, you will not be accused of anything. People can either decided to sell there holdings when the market is down and that might make people to blame us for there loses which is nit do. Enough understand and tutoring is important to show people the way to be a good Bitcoin investors.

It is what it is. Personally, I've met and talked to quite a few people who are either indifferent about Bitcoin or completely against it. I'm not going to even attempt to convince either of them that Bitcoin is a worthwhile investment that will ultimately pay off. Chances are that the majority won't even care to do their own research because they've already formed their opinion based on someone else's or something they read. Thus, spending time to persuade them of the opposite is up to no good. On top of that, I don't actually care what others believe; Bitcoin has been around for quite a while. Those who believe it's worth investing will hop on the train; the rest will simply miss it. Not my problem.

I would really not make myself that pushy or really that forcing out someone to know or pushing themselves on learning on what is Bitcoin or crypto which i wont really be that too desperate when it comes to this matter on which it would really be just that right that if ever they would really be raising up some question then thats the time that you would be answering and just simply explaining them with the basics. It would be understandable that each person or human being does have their own perceptions and beliefs when it comes to things on which it would really be just that so normal that there would really be those people who would just not put attention or doesnt really care and there are those people who are really that showing that curiosity.It would actually vary and would really be depending because if we do speak about peoples attention but in overall, we do know that recognition and adoption is on the move and something that cant be stopped.
Doing via with these simple steps might be able to contribute but im a type of person who doesnt really like on explaining things on people who arent that interested most of the time specially my
friends and some random people.

[Odohu]

My approach is basically telling people what Bitcoin is and how it can help them in their businesses and also the opportunities it present for people who want to prepare for the future. I do encourage them to start building their portfolio because I have the belief that Bitcoin will grow massively on the near future given the line up of events that support rise in price.

Of course, I will always advise them to do their due diligence nefore venturing into Bitcoin as that is necessary for all business activities.

[worle1bm]

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.

[serjent05]

This has never been about introducing bitcoin to anyone or anywhere. Bitcoin has always been charm around the internet and there is always direct and indirect publicity of the Bitcoin. Why? That’s because Bitcoin has become internet session with the time and trend of searching Bitcoin or Blockchain terms has gone up recently. It’s good that you are suggesting it to others but sometimes I am feeling we should not take the risk to do this. There are pros and cons in this one. As Bitcoiner I am no one to suggest this but it can be bad if that person is not able handle the Bitcoin volatility and lose money in the process. However, always best to take the steps cautiously and win the game.

I also agree that we should not take the job in promoting Bitcoin openly since it can have risk if ill-intended people hear us, but in a circle of friends, we cannot deny the fact that unknowingly we are excited to share Bitcoin and boosted about how Bitcoin has the potential to help us.  I believe many of us here love to share the source of blessings they had to their family, relatives, and friends that they are very close with.

But as we share the good news with our friend, we must not be in a hurry, interest and development takes time.  Unless the person we shared with has full trust in us and is open-minded, they will definitely have second thoughts because the information is new to them.  Pushing them to do things will also turn them off and they will think that we are pushing them because we can earn money from them, and a misunderstanding may occur.  So let them take their time and have their decision by themselves.

[The Cryptovator]

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.

[yohananaomi]

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.

indeed, before encouraging people to be invited to invest in bitcoin.
Of course, there is nothing wrong with being able to provide important information about how to invest in bitcoin.
provides an opportunity to get to know more in advance, even though investing in bitcoin is certainly very profitable.
but we know that the movement of bitcoin is very difficult to predict.
you are right; if the price is corrected and he panics, it will make his investment lose money because he has not sold it on time.
It is always wise to introduce something new to those who do not know it in detail.

[blockman]

Yup, we have to give them time as we're all free to think if we should buy Bitcoin or not. We don't have to force people into buying it and if we've told them already what they should be doing like buying bitcoin when it's cheap, that's more than enough. I've got similar stories but I am just keeping it to myself due to the early frustrations that I've taken but, that's a lot of experience to learn and we've got our own ventures and styles with investing, whether it is for ourselves, our future and anything that lies to our own decision making. People will realize it that they're quite late into investing even if they're not. We've been telling a lot of them that they're still in the early phase and the market still has a lot of room to grow, never listen to skeptics.

[Alpha Marine]

Guess what he said, "well I did thought about it recently, and did a few research and decided I should give it a trial like you advised I should".

This right here is the best way.
Good thing you told him about Bitcoin and allowed him to make his own decision. Now he is investing not because he was coerced to do so but because he has seen the benefit of Bitcoin by himself as he sees a need to invest.
If he has truly done his research then he understands the risk and the need for patience.

There is no point in making it look like people who don't buy the idea of Bitcoin are not smart or intelligent. Not everyone would buy into an idea.
People should make decisions because they feel it's the best decision at the moment for them, not out of peer pressure or any other reason.

[kawetsriyanto]

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.

Yep. If we already tell people about the truth of Bitcoin, we should give time to them to understand it themselves. Don't force them to involve in Bitcoin directly, it is not the right way! People need to take their own research first, then they will gradually understand what the Bitcoin is. Most people only know Bitcoin from the FUDs that they ever heard. So, they need time to prove the FUDs are incorrect, they will realize it through their own research.

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!

Sure. Even if we force ourselves to preach the people the whole day, it doesn't guarantee to succeed. It even makes the people hate us because we looks forcing them to involve in Bitcoin. Our main goal is to share the Bitcoin information, we don't force people to invest or to trade Bitcoin!

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.

There is no compulsion to join Bitcoin. People invest in Bitcoin or trade Bitcoin because of their own intentions. The decision to join Bitcoin must come from the self awareness of the people, it can be from their own research. When the people join Bitcoin according to their own research, they will have a strong fundamental to hold Bitcoin. It is different if people join Bitcoin because they follow the hype only. These type of people are probably easy to give up and decide to leave soon whenever they experience the dumps on the Bitcoin price.

[anjiitem]

There is no point in making it look like people who don't buy the idea of Bitcoin are not smart or intelligent. Not everyone would buy into an idea.
People should make decisions because they feel it's the best decision at the moment for them, not out of peer pressure or any other reason.

Yes, you are right and I totally agree that we shouldn't simply or immediately assume other people who disagree with our explanations or ideas about Bitcoin are stupid people, don't want to improve their finances or people who can't keep up with digital developments.
Everyone has their own opinions, beliefs and conditions. So we must respect whatever that person's response is. We don't deserve to give inappropriate judgment to others just because they don't agree with or reject our ideas about Bitcoin, because we ourselves definitely don't like it when others underestimate us.
We will never fully know their condition and whether they are really ready to accept Bitcoin, let the decision to believe in Bitcoin or the intention to adopt Bitcoin come from themselves or their own desires not because of someone's influence or coercion.

[Rengga Jati]

Guess what he said, "well I did thought about it recently, and did a few research and decided I should give it a trial like you advised I should".

In this case, people actually need time to accept things that are considered new. Moreover, these things are not real objects that can be held and stored, and have the right legal force, like the others. That's why, for ordinary people, Bitcoin is just like a hoax, if they don't really learn about it. But if you look at your uncle, I think he is someone who is open minded and quite wise with new things. Indeed, ideally, one does not have to believe something new and immediately be interested in spending money to invest. No, it should have been in the beginning, someone like what your uncle did, namely doing research first and studying it to understand it. This will be very wise because after all, one must open himself up and increase his knowledge about Bitcoin before making an investment. This will reduce the high risk later. With understanding and the right time for someone who is new to the world of crypto, this will actually be more suitable and wiser to enter in it.

[Lida93]

Guess what he said, "well I did thought about it recently, and did a few research and decided I should give it a trial like you advised I should".

This right here is the best way.
Good thing you told him about Bitcoin and allowed him to make his own decision. Now he is investing not because he was coerced to do so but because he has seen the benefit of Bitcoin by himself as he sees a need to invest.
If he has truly done his research then he understands the risk and the need for patience.

There is no point in making it look like people who don't buy the idea of Bitcoin are not smart or intelligent. Not everyone would buy into an idea.
People should make decisions because they feel it's the best decision at the moment for them, not out of peer pressure or any other reason.

The truth or a goodnews is not pressured neither forced on people to accept and that's how it should be with bitcoin, your responsibility is to proclaim the goodnews and allow for people to dig about it and decide for themselves to wholly accept it or not. There's a manner a person may apply in trying to convince others about accepting a goodnews (and it will be looking like a bad news)   which can scare away those you think you're trying to bring into the camp as skeptical questions raising fear of scam filling their thoughts about why the damn pressure.  

[Asuspawer09]

So, four days ago this very uncle of mine called me saying that he's now interested in investing some money into bitcoin. And I was like what happened! I thought you rejected the idea when I introduced it to you months ago.

Guess what he said, "well I did thought about it recently, and did a few research and decided I should give it a trial like you advised I should".

Now this how the whole gist originally emanated. I had this long section talk with him about bitcoin more than 8months back of which he rejected the idea of investing with whatever amount he could use as a clinical trial of the digital currency for like 6months or 1year to see for himself the benefits of bitcoin but he refused and afterwards I never brought up the discussion again to him. But to my greatest surprise he called me on phone to come to his house, on getting there he shared to me about his interest to invest in bitcoin with the sum of #4.8million of our local currency, an amount that is worth around $6k based on current exchange rate.

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?

I mean it's a good thing that he wanted to actually start to invest in Bitcoin but just make sure that he understands what kind of investment cryptocurrency is because probably the worst thing is they are he is going to blame you if he loses his money on investing, so make sure that he completely understand Bitcoin and cryptocurrency and he actually knows what he is doing. Also, he seems to invest a big amount of money advise him to not make this kind of investment if he still doesn't have some kind of savings account or fiat money that he can use whatever time he wanted, something like backup money in case of emergency to avoid selling his Bitcoin in case some emergency came up on him.

Most of these kinds of investors just have very high expectations of Bitcoin thinking that they are going to earn a big amount of money in just a very small amount of time which probably not going to happen I mean it's possible on the Bull market because all of the altcoins just continue to skyrocket, but the market still has its cycles which probably going to take years to accumulate before we reach the Bull market.

[sokani]

What do you think about this?

A friend introduced a business to me and wanted me to invest and I told him I would think about it. Each time he keeps asking me if I've made up my mind about the business and it got to a point I felt like I was been coerced and I just told him I wasn't interested.

You took the right approach with your uncle and it paid off.  If you were pestering your uncle I doubt if he would have given it a shot. This is a valuable lesson for Bitcoin evangelist, after doing the talking give people some time to do their own research and decide if Bitcoin is really worth investing.

[suzanne5223]

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.

You have a point since it's never a good idea to force people we tell about Bitcoin and choose not to be interested.  However,  giving them "time they will show interest" doesn't work for every and it can only work for people who went ahead to do solid research after initial communication or teaching.

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!

Yes,  you're right and its not all the people will talk or advertise Bitcoin to will accept the concept of it not to talk about invest in it.

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.

Most newbies are lazy to do their own research unless the people have the computer understanding of 21 century technology and benefit.

[coin-investor]

Many new investors get in, investing in Bitcoin when we are on a bull run because of FOMO they just need a piece of evidence that you can really make a profit from Bitcoin, even though they have done their own research they need a validation based on the market movement that Bitcoin is the right investment.

But once they've invested they will do more research to see how good their investment and if it is right to invest more, FOMO is what rules their decision, and overtime when there is a dip or there is a market shift they will have a choice if they want to continue or stop investing.
And those who have done extensive research on Bitcoin and a risk taker will invest in Bitcoin whatever the condition of the market, they are the kind of investors who choose to invest because of their research, people really have their own time when it comes to investing in Bitcoin.

[LogitechMouse]

~
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.

[Wimex]

jajajja this sounds like a plot twist to the story... It's amazing how people's perceptions and decisions can change over time. Sometimes, even though we mean well and want to share something exciting with others, it's important, as the op says, to remember that each person has their own pace for processing information and making decisions. In particular, I've been slowly trying to get a friend to understand how good bitcoin is, but over time I hope he does. Which brings me to the next point, education and personal research, I have always thought, are completely fundamental in any decision, especially when it comes to investments.. By encouraging people to do research for themselves, we would be empowering those people to make decisions based on facts, I will try to advise my friend to try to do research and read a bit more about Bitcoin