presuring someone into Bitcoin investment

[xSkylarx]

For sure, if your mother invested 2 years ago, she would get angry with you because the first price of Bitcoin 2 years ago was bigger than the current price, meaning you've lost money on it around 40%, which probably mocks you about it. So before telling someone, not only pressurize them but also ensure them that there is a probability of losing all your money because of it so that they are aware and not just seeing the huge price of it.

[Mpamaegbu]

First off, it's your moniker for me 😏

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.

Why would anyone's parent(s) think of them in that light? Could it be that you must've shown signs of such attitude in the past or indulged it that cast a shadow of doubt on your person? Again you mounted unnecessary pressure on your mother. If anyone mounted pressure on me to invest in anything I would be very skeptical about it and would likely lose any form of interest in it.

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.

That's true. That lesson cuts across all faucets of investments, not just Bitcoin. The easiest way to prove a point is to be successful at what we do. People want results. Otherwise one will keep explaining and appealing to their emotions without them picking interest in what one is advertising to them.

[Ryu_Ar1]

When you are in the adult phase and can decide your own fate, I think it would be good if you go deeper before you advise others.
On the other hand, I think that whether it's someone close to you or not, if it's not based on coercion, it's still okay, but I wouldn't do that.
Inviting others is of course a very good thing to do, but given the conditions with the "preasure" frog, I don't think it's a good thing to do. This creates a risk that when someone tries to emphasise that bitcoin is something good to people who do not know, it will make the person dependent if they only listen to something sweet.

[Woodie]

Op seeing how this bitcoin investment ended with a happy ending, let's just say count yourself lucky!!!
I say lucky because  you persuaded your Mom into investing in an asset she had no interest in and the only reason she would have invested  was because  you might have given her cold shoulders or the relation changed and she wanted to restore this..otherwise  if this sell wasn't taken earlier like you did...by now you would have been in bad books with her!

Moral of the story here is invest with money you are willing to lose and let it be a personal decision before enemies are made for bad business relations...

[bhadz]

For sure, if your mother invested 2 years ago, she would get angry with you because the first price of Bitcoin 2 years ago was bigger than the current price, meaning you've lost money on it around 40%, which probably mocks you about it.

She will definitely get mad on him if he has introduced it way back then and forced his mom to invest.

So before telling someone, not only pressurize them but also ensure them that there is a probability of losing all your money because of it so that they are aware and not just seeing the huge price of it.

That's what they don't want to hear. When the market is up and green, they don't want to hear such negative reality from the person who introduced Bitcoin to them. But that's the right thing to do. When you're talking about the volatility of Bitcoin to them, it has to be precise and truthful and not just trying to attract them. We're not going to sugar coat our words just for them to get convinced, we don't need to convince them. We tell what Bitcoin is and its reality and up to them if they're going to study and research before investing.

[Weawant]

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.

It's a good thing she didn't invest in Bitcoin back when you were telling her about it because back then she didn't understand it and she would have lost so much money due to the dump in the market as we entered the bear season and she would had blamed you for it.

She could have sold her investment and exited the market because she would had been making losses without understanding what's going on but because she has done her own research, if the market was to dump now, she won't be panicking because she understand.

We shouldn't force people into investing in Bitcoin or they'll blame us when they don't get what we told them they'll get when they invest in Bitcoin due to the market changing from bullish to bearish. Investing in Bitcoin should be a personality decision so we don't blame others

[Sanitough]

Investing is risky, especially with bitcoin that makes it more risky due to its high volatility. And that’s the reason why there’s a need for an intensive research first and studies before deciding to invest. So never think that when you teach someone into bitcoin, he’ll automatically bite your offer and greedily invest in bitcoin. If someone does that, without taking some time to prepare himself financially and emotionally, then its future will be uncertain. And most likely, he will end up losing and regretting.

Probably that’s what happened exactly to your mother OP. She knew that having a quick decision to invest is never wise. So she made herself ready first by studying bitcoin and all its pros and cons, and finally come up with a decision to take the risk investing in bitcoin. At least she knew in the end, she’s responsible enough whatever the result of her final decision.

[Adbitco]

Sorry to spoiled your show to me this is more like a cooked and generated story that has no atoms of truth and evidence in it.
Why? Because you can tell your mom about bitcoin investment two years and she called to invest and started making benefits. Bro two years ago bitcoin was high and anyone who had ventured into investment is still running at lost and there is no benefits all less she's trading with it and besides $5k is huge enough for someone who don't know anything about bitcoin to raise such amount considering the risk factor, what do you think could be the result after haven known that she's at a huge lost?

[Stella Mese]

telling anyone about bitcoin is of course fine as long as we explain it properly and wisely and don't force someone to invest in btc.

Your story is very interesting because your mother got interested in investing in btc after she did some research.
so your struggle in explaining btc to your mother has succeeded friend...

[BALIK]

Sorry to spoiled your show to me this is more like a cooked and generated story that has no atoms of truth and evidence in it.
Why? Because you can tell your mom about bitcoin investment two years and she called to invest and started making benefits. Bro two years ago bitcoin was high and anyone who had ventured into investment is still running at lost and there is no benefits all less she's trading with it and besides $5k is huge enough for someone who don't know anything about bitcoin to raise such amount considering the risk factor, what do you think could be the result after haven known that she's at a huge lost?

It seemed that this was just a staged story because there were many suspicious and unconvincing details. But OP wanted to convey to people that it is not advisable to force someone to invest in bitcoin if they do not know anything about it. It can be said that the story is fake but this message is something we need to remember and pass on to everyone. I have seen a lot of young people who have no money but do not want to work to earn money to invest but force or lie to their parents to have money to invest in bitcoin. This is extremely bad because it will put pressure on the parents when they know nothing about bitcoin and are not ready to invest.

[bitzizzix]

My question is whether previously OP taught, made or told his mother to make a Bitcoin wallet and also the methods. Because to buy or use your mother's Bitcoin you must have a Bitcoin wallet first.
If not, then OP's mom is great because she can do it herself and also do her own research.
And my advice, never pressure or force anyone including families to get involved with Bitcoin, and let them create their own. Because this has a risk that they have to accept if it doesn't match expectations and will blame you, if they ask for it themselves. So it doesn't hurt to tell and provide explanations as simple as possible so that they are easily understood and interested, as well as provide some useful links, YouTube or others related to Bitcoin so they can read them carefully and also study them.

[dothebeats]

I simply agree. You cannot force people to be interested in something because it will only do the opposite, they will feel intimidated and will lose interest. Instead, make them curious and be simple about it. Introduce the general idea and let them ask questions, encourage them to do their own research, and take their own time. Soon enough they will be the one to take the first step and approach you for more. It's like giving our a trailer to your target individual, teasing them and making them curious of what is more to what you showed them.

[sokani]

It is wrong to put pressure on someone to buy Bitcoin, just do the talking and leave the person to give it a thought or do some research and get back to you. If the person show's interest thereafter fine, if he/she does not still fine. A situation whereby you kept pestering the person about it, the person might begin to think you have an ulterior motive.

I have a friend who after many attempt, finally convinced his mom to invest in stock, the mom used a sizeable amount of her money to buy the stock. After some years the stock price crashed and she lost her investment. Whenever this subject comes up she's feels really bad and she blames her son for it. The take home from this story is never pressurizing anyone to invest any business especially a family member.

[blckhawk]

telling anyone about bitcoin is of course fine as long as we explain it properly and wisely and don't force someone to invest in btc.

True but not necessarily the best thing to do imo, telling them the stuff they need to do should be a thing that they should do themselves, my responsibility is just to show results and the market history of bitcoin and have them decide what to do next, if that's enough for them to get into bitcoin or not. Forcing someone to like or get into something haven't been a good thing for all of human history, the resistance that it elicits makes it difficult to push your agenda which would be useless no matter how good your intent is.

[Outhue]

Why not ask her for some money and if she asks you what you want to use it for, tell her you want to use it to invest, you don't have to give her more details, I don't know how old your mother is but women are not always strong at mind when it comes to investment, if a man is ready to invest in 10 different assets around the world, either online or offline, women are always known to invest maybe in just 1 or none, the risks that men are willing to take, believe me, most women are not ready for it.

I learned this from my father when I was very young, and when I started my crypto journey, the only person that thought that I would lose and come back with zero results was my mother, women tend to believe only after you come back successfully.

Not until I made a big change in my life, that's when my mother started believing in my dreams, that's when she believed that Bitcoin was not a scam.

[Dickiy]

It is wrong to put pressure on someone to buy Bitcoin, just do the talking and leave the person to give it a thought or do some research and get back to you. If the person show's interest thereafter fine, if he/she does not still fine. A situation whereby you kept pestering the person about it, the person might begin to think you have an ulterior motive.

I have a friend who after many attempt, finally convinced his mom to invest in stock, the mom used a sizeable amount of her money to buy the stock. After some years the stock price crashed and she lost her investment. Whenever this subject comes up she's feels really bad and she blames her son for it. The take home from this story is never pressurizing anyone to invest any business especially a family member.

Exactly, generally in investing everyone has different ways, and if you invite someone to follow in your footsteps maybe for the sake of something better maybe that's good, but if you invite him with a force then obviously it's not right, and better not to do it. Previously you must remember that investing, especially in Bitcoin, has risks, indeed I understand that the profit is quite large but it will also always coexist with a high level of risk. I don't prohibit you from teaching someone, but it's true as you say, before you invite him you have to explain everything in detail about the benefits and risks that are there, and if you have done that then give them time, or let the person you invite to think and consider it first, because only he knows about what is best for him.
Well obviously, and if you choose to keep pushing them then don't be surprised if for example one day they experience a loss and the first person they will blame is you.

[Rockstarguy]

Or don't tell anyone to invest in anything. You just now have bragging points just because of hindsight as we can already see the results. What if you ended up being wrong? Now you might have your mother and potentially other family members against you because you were pushing your mom to invest in something and you ended up being wrong.

The best thing to do to stay away from problem with people is to keep the mouth shut never to say anything about investment with any one because it can lead to serious conflict between family and friends. If the result comes out bad they just believe they took the decision to invest because of your advise, and this can cause or lead to the loss of trust.

People need to be careful how they go about investment discussions with family and friends not to pressure anyone about investment,  people have the right to make their decisions how they want their money to be spent.

[Adbitco]

Snip

It seemed that this was just a staged story because there were many suspicious and unconvincing details. But OP wanted to convey to people that it is not advisable to force someone to invest in bitcoin if they do not know anything about it. It can be said that the story is fake but this message is something we need to remember and pass on to everyone. I have seen a lot of young people who have no money but do not want to work to earn money to invest but force or lie to their parents to have money to invest in bitcoin. This is extremely bad because it will put pressure on the parents when they know nothing about bitcoin and are not ready to invest.

If that is the case he shouldn't post as something that is original rather op should make this post looks more like an advice to people by then we count it as an advice instead cooking it up to form a (superstitious) stories.
I know it's very hard for some to come up with a good story but in the case of op is different considering fact that he said the mom are still enjoying the benefits till date, do you look into that aspect?
I think those people who bought at then are still facing lose and they are praying for the market to come back the previous price in order for them to get back their lost funds (capital).

[Kaliandra]

i remember my friend a few months ago i told him about btc and i explained about the risks of investing in btc and the benefits of investing in btc, and my goal was to tell him about btc because he asked me about btc and what is btc? then I explained the advantages, but he was not interested because he saw that investing in btc was very risky.

but one last Sunday he came to me and said that he had learned a lot from the internet about btc and finally he decided to invest in btc, and he was also very happy when I told him that in 2024 there will be a btc halving.

so your experience is very good so i think we can tell someone about btc, as long as we have to explain about the risks of investing in btc and the benefits of investing in btc.

[blockman]

i remember my friend a few months ago i told him about btc and i explained about the risks of investing in btc and the benefits of investing in btc, and my goal was to tell him about btc because he asked me about btc and what is btc? then I explained the advantages, but he was not interested because he saw that investing in btc was very risky.

but one last Sunday he came to me and said that he had learned a lot from the internet about btc and finally he decided to invest in btc, and he was also very happy when I told him that in 2024 there will be a btc halving.

so your experience is very good so i think we can tell someone about btc, as long as we have to explain about the risks of investing in btc and the benefits of investing in btc.

We can tell our experiences and stories to anybody that we know. But only tell it to the people that you really know and not to the random people out there. Because still, you need to be careful to whom you're telling your personal story about bitcoin to avoid the personal attack. Yes, we're optimistic to tell our great bitcoin experience and stories to anybody but don't forget about news like this.
(https://cointelegraph.com/news/5-wrench-attacks-appear-to-be-on-the-rise-in-the-crypto-community)