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Author Topic: The reason why you shouldn't force someone to invest in bitcoin.  (Read 466 times)
Ever-young
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May 05, 2024, 03:08:10 AM
 #21

The reason why you shouldn't force someone to invest in bitcoin?
Did you think is good to force someone to invest in bitcoin?
What is the disadvantage of forcing someone to invest in bitcoin?
Did you really think the person is ready to bare the risk that is involve?

What are your opinions towards this particular topic?

you might really want your friends and relatives to benefit from bitcoin investment but like the old saying goes, you can force the horse to the river but you can't force to the horse to drink from the river.
Even when you have good intentions for someone whom you wishes was investing in bitcoin, sometimes it's just best to let them make their own choices.

Another reason why one should never force a person to join or invest in Bitcoin is because if you eventually get them to invest in Bitcoin and then the market begin to fluctuate and then bitcoin experiences begins to experience a decline, they'll blame you for compelling them to make such investments and this could end up with them selling at a much much lower price.

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May 05, 2024, 04:10:58 AM
 #22

The reason why you shouldn't force someone to invest in bitcoin?
Did you think is good to force someone to invest in bitcoin?
What is the disadvantage of forcing someone to invest in bitcoin?
Did you really think the person is ready to bare the risk that is involve?

What are your opinions towards this particular topic?

Its not good to force anyone to do anything, period. Unless it is right to do so, or to be made right by doing so. Otherwise this will usually be like shooting yourself in the foot because that person would resent them if the investment was to go south. For this particular example I would say that the investment being BTC is definitely not going south, so I would definitely place that bet. In general though I think what is most important is that it would resonate with that person & that they would understand bitcoin and realize that it is a great investment. If you have to force something on someone then its a complete waste of time, people will do what they want to do.

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May 05, 2024, 04:20:12 AM
 #23

We should not force someone to invest in Bitcoin. It's up to them to invest in Bitcoin or not and our job is just to explain that there is a good investment, namely Bitcoin. We can provide sites that are useful for them in conducting research and assist them in learning. But once again, we should not force them because that is their decision. We should let them think and not have to wait for their decision. Most of them don't want to bear the risks and there is a possibility that they will ask us to be responsible if the risk of losing their money becomes greater. That will get us into trouble.
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May 05, 2024, 04:27:24 AM
 #24

In general, I think that it is never a good idea to force someone to invest, whether in Bitcoin or in any other field, if it is not of their complete will and choice.

There are many reasons, but the most important of them is that if he does not like Bitcoin, he will inevitably fail. The reason for the success of any thing is love and belief in what you are doing, and if this person does not have faith in Bitcoin, he will fail.

Finally, if the investment succeeds, he will be happy, but if it fails, he will hold you fully responsible, and problems will arise between you, and you do not know how all this will end. Therefore, it is better not to force anyone to invest.

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May 05, 2024, 04:29:45 AM
 #25

The reason why you shouldn't force someone to invest in bitcoin?
Did you think is good to force someone to invest in bitcoin?
What is the disadvantage of forcing someone to invest in bitcoin?
Did you really think the person is ready to bare the risk that is involve?

What are your opinions towards this particular topic?
I personally think no one should be forced to invest in Bitcoin. If someone wants to invest bitcoin on his own then you can help him as much as possible how to invest better give a complete support to a newbie but no one should force bitcoin investment. Those who are new to Bitcoin must acquire enough knowledge about Bitcoin investment before investing. Always have a long-term plan when investing in Bitcoin. If we can invest with a long-term plan and check the market, we will definitely be one of the successful investors. Many times it is seen that we lose patience in bitcoin investment we should not lose patience we must be patient in bitcoin investment.

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May 05, 2024, 05:06:55 AM
 #26

There is no point in forcing someone to invest in Bitcoin or anything else. Investment is a privilege, not a punishment. If a person does not understand this, he doesn't deserve the results that investing can bring him. Investing is an activity for adults, for independent, balanced and far-sighted people. Only in this case can it be successful. Yes, without such an approach, someone might just get lucky. But this does not mean that such a person can be called an investor. An investor acts based on his own intentions and desires, and not because someone forced him to.

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May 05, 2024, 06:26:54 AM
 #27

Why should anyone force someone to invest in Bitcoin? Thats not the right way, someone need to develop an interest in Bitcoin, and by forcing them you aren't helping them at all, they need to start doing their own research by themselves first and maybe if they later have an interest you can then guide them.

Never take money from anyone to invest in Bitcoin, let them do it, the moment you help them out, be expecting lots of complaints or even blame if something goes wrong.

Never help anyone to open a Bitcoin wallet, they might lose their asset later and start suspecting you, thinking maybe you cram the words in your head, they should be the one to create their Bitcoin wallet, your present isn't needed.

Forcing someone to invest is going to look suspicious, not immediately but after something goes wrong or if Bitcoin looks pretty bad in value, I have been in this situation before, it felt like I put myself in prison and tossed the key myself.


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May 05, 2024, 06:47:51 AM
 #28

If it is a matter of business then we can only give advice to others but we cannot force others to be a part of that business because in business or investment there is a greater chance to lose money if a person is not familiar with the basics so they will easily lose their money.

The main reason that we should not force anyone to invest in Bitcoin is that if we force them then they will not learn about Bitcoin and will put money without Investigation so surely they will face troubles and if they lose money due to such troubles they will definitely blame you for such loss and Bitcoin loss is not so small that can be avoided.

Success does not achieve by accepting the force of others but if a person is interested in something then he will learn about it and if he finds it profitable then he will initiate it.



 

 

 

 

 

 


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May 05, 2024, 07:18:34 AM
 #29

Even if it's a good thing, it's often not good to force somebody into it. If it isn't life and death, I'd rather let others take action according to their willingness and freedom.

However, as regards Bitcoin, why should we even force it to others? I mean, there must be a smoother or organic way of doing it. It's probably enough that you introduce Bitcoin to somebody. If there are questions, you're willing to answer. If there's none, no problem. If there's no interest at all, it's their choice.
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May 05, 2024, 07:38:36 AM
 #30

It is never wise to force someone to do anything. You are doing the work you are doing in your own knowledge and experience, when you advise or request another person about something if he is inexperienced who has no desire in that matter then all his responsibility will be on you.

When you encounter a problem, there is a natural risk of encountering that problem. Then you will be confused as to whose problem to solve first.

If you fail to solve the problem, you will become an enemy to him, there is a risk of ruining the relationship. Forcing a person to do something against his will brings harm to himself.

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May 05, 2024, 08:12:38 AM
 #31

The reason why you shouldn't force someone to invest in bitcoin?
Did you think is good to force someone to invest in bitcoin?
What is the disadvantage of forcing someone to invest in bitcoin?
Did you really think the person is ready to bare the risk that is involve?

What are your opinions towards this particular topic?
Disadvantage
 - you will take the blame once they get scammed or lose their money
 - you'll be taking responsibility for them

Advantage
 - you are giving an opportunity
 - you are educating people


Now, it's up to you to think if it is best to force them or rather not. But if I were you, I should not. Maybe in the way of helping them to understand what is all about is okay but in the way of making them invest, please don't.
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May 05, 2024, 08:18:23 AM
 #32

But if you are going to try to force them, maybe use a gun? But if you are going to go that route, consult one of the folks in the All people Should have the right to own Guns in our Society thread first, right?

Cool
That would be something else, in my country, that's probably considered grave threat, coercion, and attempted murder but hey, the word was forced so technically, you were forcing them to do something. Don't go that route because it's not a good route and you don't want the headache of dealing with guns. It's not a good thing to force someone to do something for you even if your intentions are pure and good, the way that you do things will be the deciding factor as to whether you're not being a dick about that thing that you're recommending to someone.



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May 05, 2024, 08:24:29 AM
 #33

The reason why you shouldn't force someone to invest in bitcoin?
The concept of bitcoin is freedom! If you ever want to force someone around it, it deviates the concept of bitcoin so in a common sense it's not a forceful deal. One major reason why we shouldn't force anyone to invest in bitcoin is that whatever happens as a result of the investment the blame will be on you and that can be a very bad effect in your reputation. Some people may not know what you're doing for them hence will spread rumours about you that can affect your trust in one way or the other.

Did you think is good to force someone to invest in bitcoin?
It's a NO for me. It's not good even though you want to help but force is not an option.
What is the disadvantage of forcing someone to invest in bitcoin?
I think it's in my first response.
Bad reputation
Lost of trust
Unhappy state of mind
Etc

Did you really think the person is ready to bare the risk that is involve?
If the person is ready to take the consequences on him or her self it wouldn't be classified as force anymore.

What are your opinions towards this particular topic?
Perhaps it's not bad but poor in composition and additionally in one way or the other I have discussed this topic here in the forum.

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May 05, 2024, 08:58:33 AM
 #34

If you force someone to invest in Bitcoin when they don't have any sense of understanding about the Bitcoin volatile network, it can result to lose of capital for them and they are going to hat you for that because it seems you have mislead them. Investment is supposed to be a choice that the investor will make on their own and not anybody forcing them to invest. It was on this forum I saw a thread about someone who invested all their business capital into Bitcoin and when the price become volatile, they started to complain and cry just to recover their loss. It is not good to force anyone to invest into Bitcoin.

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May 05, 2024, 09:13:31 AM
 #35

I don't think it's right to pressure people into buying Bitcoin or any other investment if they don't want to.  I get excited about crypto and want to share ideas, but that enthusiasm shouldnt come with expectations.  If someone asks me how Bitcoin works or asks for tips, great! I'm happy to point them to videos or articles that explain it in a balanced way.  But if they're not interested or don't have the money to speculate, I respect that too.  Building wealth has lots of paths - Bitcoin is just one risky option among many others and  people should make their own choices.

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May 05, 2024, 09:23:52 AM
 #36



What are your opinions towards this particular topic?

I don't even want to recommend or give any bitcoin investment advice to others let alone force someone to invest in bitcoin. How would you feel when someone forces you to do something you don't like or know nothing about? If you feel uncomfortable, dissatisfied and offended then the people you are forcing to invest in bitcoin are feeling the same way. Therefore, imposing your thoughts on others, forcing someone to do what you want is a bad idea.

We should stop doing this to others and we should not do this to our children either. Many parents are delusional about the power of bitcoin and think that bitcoin will help them become financially free, and they are forcing their children to learn about bitcoin without caring about their children's feelings.

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May 05, 2024, 09:40:44 AM
 #37

The reason why you shouldn't force someone to invest in bitcoin?
Did you think is good to force someone to invest in bitcoin?
What is the disadvantage of forcing someone to invest in bitcoin?
Did you really think the person is ready to bare the risk that is involve?

What are your opinions towards this particular topic?
Invest is the next matter subject, if someone is not trying to learn about coins like bitcoin then you are bothering to inform him about bitcoin. Just because you know not everyone likes Bitcoin, if anyone don't have the slightest interest in the investment you mean, leave it out. I would never force anyone I know to buy bitcoins, but if he wants to learn about bitcoin investing in the future, I will definitely do it if I have to help him out. Bitcoin is illegal in my country, if I force people I know to buy bitcoins. If I want to do it, my relationship with him will be bad, and I can have legal trouble with him. When a person realizes that there is risk involved in any investment, they will come forward to take the risk in Bitcoin investment.

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May 05, 2024, 10:15:58 AM
 #38

The reason why you shouldn't force someone to invest in bitcoin?
Did you think is good to force someone to invest in bitcoin?
What is the disadvantage of forcing someone to invest in bitcoin?
Did you really think the person is ready to bare the risk that is involve?

What are your opinions towards this particular topic?

Because those people will just blame us if they lost their money from whatever reasons they take. Also for sure those people who's declining bitcoin is not ready yet to learn about it that's why for us not to feel bad on those people and we will not create conflict to anybody much better if we don't force people to invest on bitcoin since we are just wasting our time with them. Its more fine if we focus to build our own portfolio since with this we can generally earn more rather than waste our time on wrong persons.

If someone came to us then ask about bitcoin and they show that they are eager to learn then this people are best candidate to teach about bitcoin since for sure they would accept the consequences of the actions they have done.

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May 05, 2024, 10:45:26 AM
 #39

In general, I think that it is never a good idea to force someone to invest, whether in Bitcoin or in any other field, if it is not of their complete will and choice.

There are many reasons, but the most important of them is that if he does not like Bitcoin, he will inevitably fail. The reason for the success of any thing is love and belief in what you are doing, and if this person does not have faith in Bitcoin, he will fail.

Finally, if the investment succeeds, he will be happy, but if it fails, he will hold you fully responsible, and problems will arise between you, and you do not know how all this will end. Therefore, it is better not to force anyone to invest.
Doing that is against your will and interest is clearly injustice. You would not want to do things that is against your passion. Even if it means investing in bitcoin, still it won’t guarantee success if in the long run the investor itself loses his emotional control and quickly resort into panic selling, that will definitely fall into a huge loss. This is why I don’t force someone to invest in bitcoin and ride with the hype knowing that this type of investment is risky and dangerous, most particularly for those who are investing only without prior knowledge but only greed for quick profits.

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May 05, 2024, 02:21:46 PM
 #40

~snip~
Did you think is good to force someone to invest in bitcoin?


Does a question like this make any sense? Forcing someone to do something is completely wrong, especially if it can cause them any damage, whether it is damage to someone's health or financial risk. I cannot at all put myself in the position of someone who thinks in a way that sees something good in forcing someone to invest in Bitcoin Huh

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