Bananington
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August 27, 2023, 07:28:21 PM |
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You are right in stating that it is better to let someone choose and accept BTC investment on their own rather that force them into doing it half heartedly. Your mom, Op, may have got to learn about BTC investments from her friends or those she listens to or gossip with, because she sure did not wait or surrender to her ego to let someone else lead her convinced mind to invest, rather she came to you out of sheer trust that you would educate her better and you did, and she must have shown how grateful she is in more ways that I can think of. Today, I don't really force anyone or anything on anyone because in the end, it is the only interest an individual has for something that drives them and motivates them to excel at their choices.
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anjiitem
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August 27, 2023, 07:37:07 PM |
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I don't know, how you see it.
Actually, I always avoid introducing Bitcoin to my family or those closest to me if they haven't opened a related question about Bitcoin or stated they are interested in investing in Bitcoin first to me. If your mother finally believes and wants to start investing in Bitcoin then that's a good thing, it will be easier to teach her more because it's your own mother. I think it's true that if we give a sermon about Bitcoin to someone then we can't force them to immediately believe what we say and don't let us force them to immediately invest in Bitcoin, we have to give time for someone to make an investment decision based on intention and his own will. And we also have to advise them to do research and find out for themselves what and how Bitcoin works in order to better understand the advantages and disadvantages of investing in Bitcoin. One more important point, in my opinion when explaining to someone about Bitcoin, we shouldn't make that person's perception think that Bitcoin is an investment to make profits quickly and easily. So we not only have to explain the advantages of Bitcoin but we also have to be able to explain the risks and weaknesses that exist in Bitcoin.
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Wimex
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August 27, 2023, 07:59:03 PM |
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Often when it comes to investing, especially in Bitcoin, there is a delicate balance between presenting information and allowing people to do their own research and reflection. The ability to ask questions and conduct independent research is essential to assessing risks and opportunities before making a financial decision... I have also wanted to impart and teach people how good Bitcoin is, but certainly no one could be forced, you have to understand above all how it is economically, and lead someone to a risky investment because of how volatile Bitcoin is. could backfire, which is why patience and understanding that each individual needs time and space to consider and process information is part of good Bitcoin teaching.
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RockBell
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August 27, 2023, 08:07:23 PM |
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Bitcoin investment is very broad and has different ways and methods it operates on. So you wouldn’t definitely think you could just convince someone to dangling into it, especially if it’s someone who has never heard of it before.
I remember having similar experiences too. This is an experience I can never forget. In the year 2018 when I was first told about bitcoin, I had a little amount of money with me and looking for a very profitable business to invest this money I had, $300 to be precise. I talked to my neighbor about it and he suddenly suggested I invest in bitcoin. I was like what’s bitcoin and he took time to explain it to me.
Honestly I feared whatever that would lead me to putting my money online because I had fallen victim to a couple of Ponzi scams, so telling me about bitcoin didn’t really sound like a cool investment to me lol. So I didn’t buy the idea. He didn’t really stress on it too much or try too hard to convince me. He only told me the possibilities bitcoin hard to offer and left me to make my decision. Well in summary I wished I wasn’t so naive and saw the vision and took advantage of it then because I just recently started investing in bitcoin and I’m benefiting from it now and everyday I’m like, what if I started back then in 2018.
I can actually tell someone about Bitcoin and the entire cryptocurrency, but asking them to invest without any prior knowledge is risky, much like asking them to drive a car without any prior driving experience because skipping any steps could result in that person losing their life. When you invest in Bitcoin, you actually lose money, but there are still some safe practices that can help lower the risk if the interested person has the knowledge, One thing I noticed is that when it comes to profitable businesses, we all share similar perceptions. When we hear there will be profit, we start investing without doing any research, which is actually a very bad perception. Despite trying to invest in anything, research should always be done first. Then, for Bitcoin, you can get a proper introduction into the circle. and thankfully, people's eyes are already widening and they now see the distinction between the two. People frequently conflate Bitcoin with Ponzi schemes.
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mvdheuvel1983
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August 27, 2023, 08:35:40 PM |
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Never pressure anyone to invest in Bitcoin except it is friend that understands and believe in your judgement and e decision on investments and the feeling is mutual. Always have a Caveat too. And it is being honest and opened about Bitcoin. Put this in mind that of you ever feel like you need to pressure someone to invest in Bitcoin then you probably shouldn't as they are not yet ready.
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milewilda
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August 27, 2023, 08:37:34 PM |
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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. she thought I'was going to defraud her.because she never hard about Bitcoin investment before. because of that, she was afraid and rejected the idea because of the pressure I was giving to her to invest on Bitcoin. before then, I have told her the benefits of investing on Bitcoin, but she rejected everything. afterwards I never bring up the discussion again to her.
some months ago my mother called me that she now have interest on investing on Bitcoin with some amount of money, I ask her what happened! I thought she rejected the idea when I introduce it to her some years ago, and it have been long we talked about it. she said to me, I have make some research and ask questions about Bitcoin after all my mother invested huge amount of money $5k on Bitcoin which she's benefiting from it today.
there was a lesson I lean from here. when you are preaching to someone about Bitcoin, you shouldn't talk too much, and you shouldn't stay long and you should also allow them make some research and ask questions about what we are preaching to them, to avoid loss at the end.
I don't know, how you see it.
This is the thing on why i dont really like on telling my family about Bitcoin or whatever things that im involved with on which it would really be most likely that you would be rejected or would really be ignored just because they cant really just trust you on which this is really that something that a very common approach or reaction that made by them but its true that spreading out this little information or even the basics on how it works and not really just focusing on the investment opportunity but also into its utility then you would really be able to explain out at least the relevance of its existence, but we know that people do usually getting hooked up on the time that we do mention about making money and this is where we are really that mostly that interested and this is why it wont really be that shocking that they do get interested on the time that they would be hearing up these words. Well, its not a bad idea on having that introduction about making money on the time that you would be explaining it to them because when they start on hearing you out because of those probabilities or chances then this is the best time on making yourself on having that explanation but of course you should really be starting with the basics and not really that too technical so that they would be able to easily understand on what you are saying.
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Agbe
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August 27, 2023, 08:39:50 PM |
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Well this stories are not making market again. You can try another one that is better than this one. The story is not clear for my eyes because at first you yourself could not remember the story again and this happened in your open phrase. And coming the full story, you mother was not having the confidence in you because you were not doing well with her. And if you were doing well with her, she would not doubted in you. So now that you have invested for her with bitcoin, who is managing the investment or the wallet. You or she? And if it is you, how will she know the funds she has? Then teaching people about bitcoin or cryptocurrency is not a bad thing if they are ready to learn. And after the learning when they have known it, and if they are ready to invest, you can also direct them what to do. And not you investing for them.
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Russlenat
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August 27, 2023, 08:45:36 PM |
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This is a very wrong mindset. Once you are trying to convince someone most especially to invest into something risky, you are like just any other scammer that is forcing someone to make yourself benefit. However, I believe your intention is good but you are doing things the negative way. Do not try to pressure anyone just to believe on what you’re believing, just to do the same on what you’ve been doing, because if things end negatively, you are the one responsible to be blame. Let her do things according to her will, and give her time to process things. That way, no matter what the outcome, at least she’s the only responsible of her own decision.
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Issa56
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August 27, 2023, 08:56:27 PM |
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Never pressure anyone to invest in Bitcoin except it is friend that understands and believe in your judgement and e decision on investments and the feeling is mutual. Always have a Caveat too. And it is being honest and opened about Bitcoin. Put this in mind that of you ever feel like you need to pressure someone to invest in Bitcoin then you probably shouldn't as they are not yet ready.
If you pressurize anyone to invest in bitcoin, then they will end up thinking you are trying to scam them, and when you pressurize them and the bitcoin price ends up dumping, they will end up blaming you for that. When I am introducing anyone to bitcoin, I always make sure they know the necessary things about it. I don't just tell them about the positive aspects of bitcoin, I do tell them they can also lose money. Bitcoin can dump, but if they can hold for the long term, then with time the price will bounce back and they will be in profit. But most people that do introduce bitcoin to their relatives and friends don't tell them about this, they only talk about the profit aspect, and after buying and bitcoin dumps, they will end up regretting why they invested in it, and some might end up selling at a loss.
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panganib999
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August 27, 2023, 09:15:00 PM |
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i don't think that's the right way to go. The most important thing about investing in bitcoin is making sure that you are well-aware of how things are working on it. Pressuring and coaxing someone into investing in bitcoin just rushes things and may even cause them to jump over important pointers that they couldn't flourish in the industry without. Which leads to massive losses in profit and in trust. I say you just pull in people who have already fostered interest regarding bitcoin, and bank on that interest with the proper knowledge and workarounds within the bitcoin industry. By then and only through that method will you be able to successfully influence people into investing, and set them up for success also.
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GeorgeJohn
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August 27, 2023, 09:16:26 PM |
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You have just answered to your question in your ending paragraphs. Don't pressurize, persuade or force anyone to Bitcoin, not even a family member. Our ability to take on risks is different. Bitcoin also needs consistency and understanding. It also needs deliberate decision making process. Like everyother business, Bitcoin has its risks that everyone investing in it must be ready to face including your mom.
However, introduce the person to books, articles and researches that x-ray the Bitcoin technology then allow the person makes their choices.
Investing in bitcoin I do see it like something you have to decide on your own to work on without involving anyone because you can invest in bitcoin today and tomorrow you regretted of using all your to invest in bitcoin at least an investment of Bitcoin be a personal something in bitcoin
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serjent05
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August 27, 2023, 09:21:27 PM |
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there was a lesson I lean from here. when you are preaching to someone about Bitcoin, you shouldn't talk too much, and you shouldn't stay long and you should also allow them make some research and ask questions about what we are preaching to them, to avoid loss at the end.
I don't know, how you see it.
There is this rule called KISS when introducing something new to people. KISS means Keep It Simple and Short. Simple enough to make the listener understand the subject matter and short enough to trigger their interest and hunger for more information. This way they will look for more information themselves or ask you questions that can make them more interested. Speaking too long makes the audience very boring just like when a thread is created with a huge wall of text, making them to shut their senses off and ignore the one speaking.
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Distinctin
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August 27, 2023, 09:55:28 PM |
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Preaching does not guarantee that you will get a positive response from your listener. You are there to preach and educate someone, and not to put force trying to manipulate someone’s mind. That is why never anticipate things in advance. Some are just still doubtful about crypto and you can’t do nothing about it but give them enough time to think and evaluate if crypto can be good or bad for them. Whatever their choices, you have no in control with that. But as long as you know that crypto has high potentials to be successful in the future, hopefully your listener can also perceive what you are trying to anticipate.
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TimeTeller
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August 27, 2023, 09:59:07 PM |
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Preaching does not guarantee that you will get a positive response from your listener. You are there to preach and educate someone, and not to put force trying to manipulate someone’s mind. That is why never anticipate things in advance. Some are just still doubtful about crypto and you can’t do nothing about it but give them enough time to think and evaluate if crypto can be good or bad for them. Whatever their choices, you have no in control with that. But as long as you know that crypto has high potentials to be successful in the future, hopefully your listener can also perceive what you are trying to anticipate.
Definitely, using force is not the best method to let someone sees the real potential of any investment. You can share what you know, but let the person grasp what you just said, and in his own time, he will ponder on things. This is why, it is not advisable to pressure someone to buy in this market if they are not totally ready for it. You may be blamed if the results are not of their expectations. They will have their own realizations as well. Just like when you preach, don't expect everybody will listen or hear what you are saying. But be thankful if somebody does.
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macson
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August 27, 2023, 10:39:36 PM |
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snip
there was a lesson I lean from here. when you are preaching to someone about Bitcoin, you shouldn't talk too much, and you shouldn't stay long and you should also allow them make some research and ask questions about what we are preaching to them, to avoid loss at the end.
I don't know, how you see it.
your story really inspired a lot of people to be even more excited to tell about bitcoin to everyone they know, i also heard about bitcoin for the first time from my cousin, at first, of course, i refused to believe everything he said about bitcoin, even I gave him a mockery, bitcoin preacher lol, but i saw that he remained consistent with investing in his bitcoin and never stopped inviting me to invest a little in bitcoin and several other cryptocurrencies, of course, i finally succumbed to his invitation and tried investing in cryptocurrency for the first time, well after a few weeks i saw that i was making a profit. from here i understand that actually from the start i just underestimated what he said because maybe i have more money than him and also i am older than him, not because i don't like investing in bitcoin at all.
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Asuspawer09
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August 27, 2023, 10:50:16 PM |
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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. she thought I'was going to defraud her.because she never hard about Bitcoin investment before. because of that, she was afraid and rejected the idea because of the pressure I was giving to her to invest on Bitcoin. before then, I have told her the benefits of investing on Bitcoin, but she rejected everything. afterwards I never bring up the discussion again to her.
some months ago my mother called me that she now have interest on investing on Bitcoin with some amount of money, I ask her what happened! I thought she rejected the idea when I introduce it to her some years ago, and it have been long we talked about it. she said to me, I have make some research and ask questions about Bitcoin after all my mother invested huge amount of money $5k on Bitcoin which she's benefiting from it today.
there was a lesson I lean from here. when you are preaching to someone about Bitcoin, you shouldn't talk too much, and you shouldn't stay long and you should also allow them make some research and ask questions about what we are preaching to them, to avoid loss at the end.
I don't know, how you see it.
I mean for sure that is what is going to happen if your forcing them into cryptocurrency or Bitcoin investment what is going to happen is they might not get interested in it instead, It was never a good idea to force someone into Bitcoin because it was a risky investment and you really dont want to force anyone into something that is very risky and involves money because there is always a possibility that they might lose their money there, probably she is just concerned because she might lose it, and get intimidated because you are forcing him to invest on it. I think the best thing to do here is to always give them something probably just a little idea of what is Bitcoin and then see if she is going to get interested in it, If she doesnt like the idea of it then you shouldn't push here on Bitcoin investment, Its going to be difficult for sure because if you do not understand Bitcoin your going to misunderstand what it is as always.
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Dr.Bitcoin_Strange
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August 28, 2023, 06:34:40 AM |
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she thought I'was going to defraud her.
Why would a mother think her own son is trying to defraud her? Or are you a fraudster? Well, whatever it is, yeah, investing in any asset (anything), whether it's Bitcoin, stock, gold, real estate, or even bods, is something that should be done at will, through self-conviction, and not just what someone should pressure you to do. If one takes their decision towards investing their money into whatever asset they choose, then they wouldn't have to put the blame on you if perhaps things go wrong. That's why, when educating someone about an investment, you should teach them about the risk of the investment, and then you can leave them with some contents to read about the thing you're teaching them. Don't pressure anyone to make the investment suddenly against their own will; otherwise, you will take blame for it if anything goes wrong, or they might even think that you are trying to defraud them like your mom thought (not saying she should have thought that about you). If someone is interested in something, they will call your attention back even after you have taken your leave, or after you have taken your leave, they will do more digging themselves.
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Fivestar4everMVP
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August 28, 2023, 06:48:40 AM |
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there was a lesson I lean from here. when you are preaching to someone about Bitcoin, you shouldn't talk too much, and you shouldn't stay long and you should also allow them make some research and ask questions about what we are preaching to them, to avoid loss at the end.
I don't know, how you see it.
I will definitely agree with you based on my own personal experiences , when you talk to much about Bitcoin to someone, you give them the impression that you are pressurizing them to invest, like your own profiting lies in them Investing , just like exactly same way ponzi schemes works , where new investors money are used to pay the old investors, and as soon as new money stops coming in , the scheme crashes .. So pressurizing anybody to invest in Bitcoin leaves them with this impression that Bitcoin is a ponzi scheme which relies on their money to pay you, and this is not good , when introducing Bitcoin to anyone, our words should be few, allow the person to become curious to really want to know more about Bitcoin, that will drive them to want to do their own research when they perceive that you are not really interested in sharing more information, this will make them get the information they need from another source, which can make them trust that you are not trying to defraud them in any way .
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Blitzboy
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August 28, 2023, 07:39:45 AM |
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i don't think that's the right way to go. The most important thing about investing in bitcoin is making sure that you are well-aware of how things are working on it. Pressuring and coaxing someone into investing in bitcoin just rushes things and may even cause them to jump over important pointers that they couldn't flourish in the industry without. Which leads to massive losses in profit and in trust. I say you just pull in people who have already fostered interest regarding bitcoin, and bank on that interest with the proper knowledge and workarounds within the bitcoin industry. By then and only through that method will you be able to successfully influence people into investing, and set them up for success also.
Ignorance is not bliss when making investments of any kind (whether they involve stocks, Bitcoin, or something else entirely). It is a surefire path to financial ruin. It is equivalent to sending someone to a combat unarmed to force them into making an investment without appropriate information. A massive no-no indeed. Time is of the importance, though, so keep that in mind. The Bitcoin train is in motion and makes no stops. However, lets also be aware that sometimes individuals dont know whats best for them until you teach them the way. Yes, we should only invite those who are interested and willing. Its crucial to strike a balance between appropriate instruction and prompt action. We can help novice investors succeed while utilizing the high-yield potential of Bitcoin by providing both. That is how you bring about change that is sustainable.
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wxa7115
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August 28, 2023, 10:19:58 AM |
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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. she thought I'was going to defraud her.because she never hard about Bitcoin investment before. because of that, she was afraid and rejected the idea because of the pressure I was giving to her to invest on Bitcoin. before then, I have told her the benefits of investing on Bitcoin, but she rejected everything. afterwards I never bring up the discussion again to her.
some months ago my mother called me that she now have interest on investing on Bitcoin with some amount of money, I ask her what happened! I thought she rejected the idea when I introduce it to her some years ago, and it have been long we talked about it. she said to me, I have make some research and ask questions about Bitcoin after all my mother invested huge amount of money $5k on Bitcoin which she's benefiting from it today.
there was a lesson I lean from here. when you are preaching to someone about Bitcoin, you shouldn't talk too much, and you shouldn't stay long and you should also allow them make some research and ask questions about what we are preaching to them, to avoid loss at the end.
I don't know, how you see it.
You were too pushy and it backfired, it happens in all aspects of life and not only when you are trying to promote bitcoin to others, when you do that people think you have something to gain by promoting something that heavily, which according to your story is exactly what it happened. What it worries me the most of your story is that your own mother thought you were going to defraud her, and when that is the default reaction of a person to your advice or proposal then it is almost impossible to convince them to do anything.
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