presuring someone into Bitcoin investment

[tjtonmoy]

~Snip

No no. Never share your experience with them in the beginning. Make them feel like you are trying it out for the first time too and you know a little bit of it here and there. As humans, we tend to learn together and make a competition on who can learn first and get better at it. If you say you know more than they can learn on their first try, they will ignore you or try to copy what you do. They will try to be better than you. In that process, they will skip all the beginner stuff and jump into the advanced things to catch up to you. And that's not a good thing, is it?

Make a space where they can think that they can learn with you can look up to you when they need help. Not your losses or your profits. That comes later. If they learn from the ground up, it will be easier to teach them the concept of profits and losses. It will be an easy job for you too. Lastly, the most important thing is never to push them if they refuse to do their research and learn. Even after learning everything, if they refuse, respect their decision.

[Finestream]

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

[sompitonov]

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

It’s very good that OP’s mother did her research. I think that if I told my friends about this, they wouldn't even want to understand it, but would only trust my advice. To some extent, I'm even afraid to tell them about Bitcoin because if they invest their money in it, there is a chance that they will fall into a bearish trend. With the lack of experience, it will be a nightmare for them and perhaps they will refuse me. I advise many people to think before telling their friends about Bitcoin. Yes, it’s hard for me to say this, but not saying it at all is also a mistake.

[Stable090]

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

In the process of forcing anyone to invest in bitcoin, they might end up tagging you as a scam. All that should be done is to enlighten people more about bitcoin, then leave them to do more research, and they should make the decision whether to invest or not by themselves. If you end up forcing anyone to invest in bitcoin, if bitcoin starts dumping after investing, they will think you have cheated them.
 
Some people overhype bitcoin when introducing it to people. When introducing bitcoin to people, make sure you enlighten them about possible ways in which they can lose money in bitcoin investment and make sure you tell them the possible measures to avoid that. We shouldn’t just talk about profits without telling them about losses. Some people decided to tag bitcoin as a scam after losing money in it, and they weren’t informed that they could lose money before investing.

[serjent05]

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

In the process of forcing anyone to invest in bitcoin, they might end up tagging you as a scam. All that should be done is to enlighten people more about bitcoin, then leave them to do more research, and they should make the decision whether to invest or not by themselves. If you end up forcing anyone to invest in bitcoin, if bitcoin starts dumping after investing, they will think you have cheated them.

I think being persistent is the right term for a person who always persuades a person to invest in Bitcoin.  No one can forces someone to invest in Bitcoin unless they coerce them.  I agree that we should only give information and leave the investment to the person.

Some people overhype bitcoin when introducing it to people. When introducing bitcoin to people, make sure you enlighten them about possible ways in which they can lose money in bitcoin investment and make sure you tell them the possible measures to avoid that. We shouldn’t just talk about profits without telling them about losses. Some people decided to tag bitcoin as a scam after losing money in it, and they weren’t informed that they could lose money before investing.

When people overhyped and then suggest investment, it is possible that there is a hidden motive in there.  Probably the person explaining wanted his investor to invest in Bitcoin under their referral to earn something from that investment.  We all know exchanges have also an affiliate program where the sponsor or the person who refers users will have a certain percentage of that person's trades.

[Aanuoluwatofunmi]

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

I don't even know what will benefit the educator for mounting pressure on the newbie to make sure that he invested, putting pressure on someone for an investment that has a high risk like bitcoin will only lead to frustration and disappointments when the market dips and they are loosing their money along gradually, both of you will not be at peace because you would have also made some vain promises about bitcoin to always provide them with the desired profits if they invested.

[Oilacris]

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

I don't even know what will benefit the educator for mounting pressure on the newbie to make sure that he invested, putting pressure on someone for an investment that has a high risk like bitcoin will only lead to frustration and disappointments when the market dips and they are loosing their money along gradually, both of you will not be at peace because you would have also made some vain promises about bitcoin to always provide them with the desired profits if they invested.

This isnt only affecting about those personal views and opinions or impressions but also it would really be affecting your personal relationship with someone if you do have that kind of behavior in speaking about forcing out someone on knowing or dealing with Bitcoin or crypto as a whole on which you would be likely to be blamed on on the time that the market would really be giving
some bearish movement and this is something that you should avoid on having some conflicts with other people or the one you do love just because of having that opposition when it comes to interest.

This is why it would really be that ideal that letting them be on what are their views and opinions about Bitcoin on the time that you do make out some explanation and on the time that they do show off some interest then this is the time that you would really be making out some indepth explanation on which they could really easily understand.

[Dickiy]

I don't even know what will benefit the educator for mounting pressure on the newbie to make sure that he invested, putting pressure on someone for an investment that has a high risk like bitcoin will only lead to frustration and disappointments when the market dips and they are loosing their money along gradually, both of you will not be at peace because you would have also made some vain promises about bitcoin to always provide them with the desired profits if they invested.

This isnt only affecting about those personal views and opinions or impressions but also it would really be affecting your personal relationship with someone if you do have that kind of behavior in speaking about forcing out someone on knowing or dealing with Bitcoin or crypto as a whole on which you would be likely to be blamed on on the time that the market would really be giving
some bearish movement and this is something that you should avoid on having some conflicts with other people or the one you do love just because of having that opposition when it comes to interest.

This is why it would really be that ideal that letting them be on what are their views and opinions about Bitcoin on the time that you do make out some explanation and on the time that they do show off some interest then this is the time that you would really be making out some indepth explanation on which they could really easily understand.

Yes that's absolutely right and also don't let you do something like brainwash them and lead their opinion according to your opinion about investing, to be honest I also never invite others even my own friends to enter this field, but maybe I just tell a little story and if they are interested then I will teach from the basics, but still I will not say that investing is a solution that they should take to improve their finances in the future or maybe the common thing is to make a profit. Because it won't always be as expected.

So the point is if you really want other people or for example friends around you to progress by following the investment steps you take, I hope you just tell them about the basics, don't exaggerate like for example you will be able to get a lot of money there, because that's just talk that won't always match your expectations, so just tell the basics and the rest let them go through, so that you avoid some people who want to blame you.

[isaac_clarke22]

~Snip

No no. Never share your experience with them in the beginning. Make them feel like you are trying it out for the first time too and you know a little bit of it here and there. As humans, we tend to learn together and make a competition on who can learn first and get better at it. If you say you know more than they can learn on their first try, they will ignore you or try to copy what you do. They will try to be better than you. In that process, they will skip all the beginner stuff and jump into the advanced things to catch up to you. And that's not a good thing, is it?

Make a space where they can think that they can learn with you can look up to you when they need help. Not your losses or your profits. That comes later. If they learn from the ground up, it will be easier to teach them the concept of profits and losses. It will be an easy job for you too. Lastly, the most important thing is never to push them if they refuse to do their research and learn. Even after learning everything, if they refuse, respect their decision.

To be honest, yeah. I wouldn't really share too much of an experience with them. It kinda gives them the "rushing" feeling to be successful and with that, they kinda make rash decision thinking that they could be like you or successful as you.

That's a good point to be honest when we're going to share our crypto stuffs to other people. Jealousy and some negative stuffs tend to arise when you're going to include friends in crypto. Copying what you do is the worst way they could do especially in trading and you might even get blamed for it

[leonair]

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

Right Everyone has a personal decision and desire. and when something involves financial matters, a proper research is required. so no one can ever impose the decision of others in the matter of investment. But one can be attracted to invest with proper guide and advice for something. In this regard, Bitcoin is a potential currency where investment has the potential to earn a lot of profit and it is a very promising coin for this technology era and this digital era. which will serve as an alternative digital payment method in future in every international payment gateway

[wiss19]

Pressuring someone to invest in something or to invest in bitcoin is not a good idea at all because it is very risky. Let's take your mother as an example; when you first introduced her to bitcoin, she initially expressed no interest, and you didn't press the issue. However, after doing some research on the currency, she returned to you and expressed interest. Then, since you did not urge her to invest again, if anything occurs or the price of bitcoin drops and she is unable to sell it when she anticipates, she won't hold it against you. As a result, there won't be any friction between the two of you.

And once more, when you are introducing someone to bitcoin, make sure they are a well-informed and educated person because some people are difficult to understand. Some people will invest their money in bitcoin because they believe they will profit from it if they do so after you explain what it is. However, not everyone can invest in bitcoin because it is a type of investment that you must be capable of doing in order to do so.

A lot of people make this mistake, they get into the industry, find Bitcoin and cryptocurrencies fascinating, and they get excited, and out of that excitement they tell people about them and also ask them to get involved without even educating them about the risks involved with cryptocurrency investments, and when the people they invite actually invest some money in cryptocurrencies and if they lose money, they will put the blame on them because they are the ones who got them to put their money into it.

This is the reason why I never take the first step and introduce people to Bitcoin or cryptocurrencies, I might discuss it generally but I would never ask them to make investments in it so that they can get profit, and if they ask themselves, I always tell them that the market is very risky and there can always be negative outcomes as well.

[flyingcarpet]

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

I don't even know what will benefit the educator for mounting pressure on the newbie to make sure that he invested, putting pressure on someone for an investment that has a high risk like bitcoin will only lead to frustration and disappointments when the market dips and they are loosing their money along gradually, both of you will not be at peace because you would have also made some vain promises about bitcoin to always provide them with the desired profits if they invested.

It is a big mistake to tell someone that if they invest, they will definitely make a profit. Every investment carries risk. An investment cannot guarantee a hundred percent profit. We should always explain the risks to the investor first. We must say that the amount he invests should be at an amount that will not leave him in a difficult situation if he loses his investment.

Therefore, as you said, we should not make mistakes by making empty promises to investors. Some people can listen to the words of others and act without questioning. That's why we have to be careful not to say empty words.

[Smartvirus]

When people overhyped and then suggest investment, it is possible that there is a hidden motive in there.  Probably the person explaining wanted his investor to invest in Bitcoin under their referral to earn something from that investment.  We all know exchanges have also an affiliate program where the sponsor or the person who refers users will have a certain percentage of that person's trades.

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

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

Still, it would be a good idea to jot over exaggerate things when trying to win them over.

[bitzizzix]

In my opinion, the best option is to never convince anyone of anything, especially when it comes to money because it is very sensitive.
And I personally will educate a close friend or family member, as long as they themselves want to. Then let them make up their own minds, and tell them the risks, pros and cons of Bitcoin or other cryptocurrencies so they can consider them.
And convincing someone to invest in Bitcoin or another cryptocurrency can be a challenge, as it is a highly speculative market and many people may be hesitant to invest their money in a volatile asset. However, we also need to educate them if that is their own desire and not persuade or convince them, but only provide simple knowledge and understanding that is easy for them to understand. If not us, who else?

[SatoPrincess]

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

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

Still, it would be a good idea to jot over exaggerate things when trying to win them over.

When someone is trying so hard to sell you something, they usually have something to gain from doing so. We often blame crypto influencers for misleading their followers whereas regular bitcoiners like you and I do the same to their friends and families. It doesn’t always end well when you introduce a close friend or family member to investments, they somehow hold responsible for any loss they may incur because they feel it’s your fault they are losing money, these things can break a relationship and I don’t think it is worth it.

[Renampun]

People shouldn't be pressured in to doing anything other than being pressured to "do their homework".  As a financial advisor I'm constantly pressuring people to simply look at their financial situations and do homework on investments and things of that nature, never pressuring them to take action to purchase anything, but simply taking that action to see if purchasing investments made since for their situation.

I'm glad things worked out for your Mom in this sense.

Is reporting the right thing a compulsion? but we are currently in an era where when we preach the right thing, we are seen as someone who is pushy, I don't find anything wrong with us talking to someone about bitcoin, it's your right to talk but the approach you take must make they are comfortable because things that start with a hasty attitude will only end badly. parents are the people who gave birth to us, they have been used to giving us lessons since childhood, so it is very natural for them to reject the bitcoin that we explained at the beginning.

[sompitonov]

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

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

Still, it would be a good idea to jot over exaggerate things when trying to win them over.

When someone is trying so hard to sell you something, they usually have something to gain from doing so. We often blame crypto influencers for misleading their followers whereas regular bitcoiners like you and I do the same to their friends and families. It doesn’t always end well when you introduce a close friend or family member to investments, they somehow hold responsible for any loss they may incur because they feel it’s your fault they are losing money, these things can break a relationship and I don’t think it is worth it.

You are probably right, the relationships that we have built over the years with our loved ones and friends are at risk. I don't want to risk it. It’s better to let them find out for themselves on the Internet or on television (although I think they cover it from a negative point of view). And if after that they are interested in Bitcoin, then you can give neutral advice if they ask you. Or basic safety tips that beginners need at the beginning of their journey. I definitely would not give financial advice on the rise or fall of Bitcoin.

[jeha2015]

I don't know, how you see it.

Explaining Bitcoin to parents is very challenging and difficult, because there are more than 4000 different cryptocurrencies circulating on the market. Of course, when explaining bitcoin we will also explain altcoins and this will make those listening dizzy. So we have to explain slowly and the purpose of creating bitcoin in detail so that in the end many people have been able to gain profits from investing in cryptocurrency.

Therefore, there is no need to rush to explain it. Even if he already understands, we don't need to impose our will on his decision. So your mother made a good decision not to invest immediately after you explained. Instead, he researched it himself so that in the end your mother wanted to invest in bitcoin. In essence, to make it easier to explain the use of investing in bitcoin, it is an investment for the long term because bitcoin is better than gold. There is money, don't just save it, but rotate it either for business or future investment, because if the money is just left in the bank it won't produce anything while economic inflation is getting higher.

[harizen]

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.

In the first place, why preach to someone about Bitcoin?

It's always my habit to just feed them a good response as much as I can once they ask me a question directly about Bitcoin in general. There's no really need to introduce Bitcoin to anyone just allow the adoption to take place normally and look, what a good progress now in terms of adoption since then.

Adding to that, I'm not responding a direct answer to some people before that asked me directly related to Bitcoin when it comes to "how to earn in Bitcoin". That question is where the point is they should do a bit of research. Later on, they can ask me about what they found out through their research, and on my part, I will give them the best possible response as much as I can.

[TelolettOm]

It is a big mistake to tell someone that if they invest, they will definitely make a profit. Every investment carries risk. An investment cannot guarantee a hundred percent profit. We should always explain the risks to the investor first. We must say that the amount he invests should be at an amount that will not leave him in a difficult situation if he loses his investment.

Therefore, as you said, we should not make mistakes by making empty promises to investors. Some people can listen to the words of others and act without questioning. That's why we have to be careful not to say empty words.

Yep. There is no definite profits. Whatever the investment is, no guarantee for profits. Moreover, when we invest in Bitcoin, it is categorized as a high risk investment. Since Bitcoin is a high risk investment, everyone must understand that there are bigger risks in Bitcoin. That's why some people say that investing in Bitcoin is almost the same as 'speculating'.

When we talk about profits, it is actually not an empty promise. It is actually very possible, the chance is real. But it will be a mistake if we guarantee the profits. People probably will misunderstand Bitcoin investment, they will assume Bitcoin is a safe asset. In reality, the high volatility in Bitcoin makes it risky, and the price move is mostly unpredictable, too.