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Author Topic: The reason why you shouldn't force someone to invest in bitcoin.  (Read 465 times)
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May 06, 2024, 05:37:59 PM
 #61

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 don't need to force anyone to invest in crypto or Bitcoin, it is their money why would you force them to spend it on something that they don't like?
If they lose their money on this investment would you compensate it? what would you get if they invest on it?
I don't see any reason why we need to force them to invest.



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May 06, 2024, 06:02:23 PM
 #62

It's pretty obvious why you shouldn't force someone to invest in bitcoin and I think that it's the same for almost any kind of interaction, it would also make you the bad person in the conversation because you'd get some kind of manipulative vibes and people really don't like it when you dictate what they should be doing since it's totally unhinge and stupid. Also, forcing someone to invest in bitcoin is kind of like using the same polarity of magnets, the more you try to force them then the more likely it is to go away so be careful how you do the convincing because there's a thin line between forcing and introducing. You need to make sure that you're not also that obsessed about them investing, that's creepy.
A question has been recurring in my mind, can anyone be forced to do anything, especially a well-educated, knowledgeable person, who understands everything, can think and understand? We can only tell people to do something, we can never force someone to do something, I believe.
And now there is an era where people don't believe what they hear, believe what is shown to be true, so it is better to buy Bitcoin than to force someone to buy Bitcoin. Buy, profit from it, and show people your profit history if you want someone else to invest in Bitcoin and get profit instead of convincing him with nuts he will never believe until he sees with his own eyes.

I have seen people readily willing to do what they see as their benefit. In today's age, every other person who wants to develop understands the usefulness and importance of Bitcoin, so it has become easier to convince people.

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May 06, 2024, 07:01:07 PM
 #63

The reason why you shouldn't force someone to invest in bitcoin?
There are many reasons why we don't need to force other people to invest in Bitcoin, because when we force ourselves, they don't understand how to invest, so when they experience a loss we are the ones to blame.

Did you think is good to force someone to invest in bitcoin?
If you are unable to explain or teach how to invest correctly then forcing other people to invest will end badly for us. Because investment is full of risks and they spend money to carry it out.

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?
There is no real harm to the person who imposes it and maybe when something happens it will make the friendship relationship worse. But there are losses when the people we force don't understand how to run investments and when they experience big losses then we are the ones who are blamed.

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May 06, 2024, 07:12:56 PM
 #64

It's pretty obvious why you shouldn't force someone to invest in bitcoin and I think that it's the same for almost any kind of interaction, it would also make you the bad person in the conversation because you'd get some kind of manipulative vibes and people really don't like it when you dictate what they should be doing since it's totally unhinge and stupid. Also, forcing someone to invest in bitcoin is kind of like using the same polarity of magnets, the more you try to force them then the more likely it is to go away so be careful how you do the convincing because there's a thin line between forcing and introducing. You need to make sure that you're not also that obsessed about them investing, that's creepy.
A question has been recurring in my mind, can anyone be forced to do anything, especially a well-educated, knowledgeable person, who understands everything, can think and understand? We can only tell people to do something, we can never force someone to do something, I believe.
And now there is an era where people don't believe what they hear, believe what is shown to be true, so it is better to buy Bitcoin than to force someone to buy Bitcoin. Buy, profit from it, and show people your profit history if you want someone else to invest in Bitcoin and get profit instead of convincing him with nuts he will never believe until he sees with his own eyes.

I have seen people readily willing to do what they see as their benefit. In today's age, every other person who wants to develop understands the usefulness and importance of Bitcoin, so it has become easier to convince people.

You can't force someone to do anything, but you can definitely sway them with good reasons. Showing off your Bitcoin success is way more convincing than just talking about it. People are all about what's in it for them, so highlighting the benefits is key
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May 06, 2024, 07:18:03 PM
 #65

You can force you to invest in Bitcoin for yourself, not for others. Why should you force someone to invest if they aren't interested in Bitcoin investment? You can just explain the advantages and disadvantages of bitcoin investment. But you can't force it. Because this is a financial decision, it must be made by the investor. We will not carry out the loss if something goes wrong in some way. Each of us has different thoughts, so our investment plans will be different as well. Before investing in Bitcoin, each of us has to do our own diligence. 
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May 06, 2024, 07:34:21 PM
 #66

I have said many times here in these forums in the last couple of months that forcing citizens to own and/or transact in Bitcoin is immoral, impractical and dangerous.

But this is what Bitcoin enthusiasts keep asking for when they lobby their government to make Bitcoin "legal tender". A government making Bitcoin legal tender means forcing every citizen to accept Bitcoin whether they want to or not. (Many people mistake the term, "legal tender" for "legal", but they mean very, very different things. Bitcoin is already legal in almost every major country).

Make no mistake, when you ask for the government's help in promoting and selling your product, you are necessarily asking the government to take ownership of that product as well. Nothing good can come from this, it wouldn't work (see: the El Salvador boondoggle), and it's not fair to every other product in the world not named "Bitcoin".


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May 06, 2024, 11:01:35 PM
 #67

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?
Before now people does not force themselves to invest in bitcoin because I know quite well that bitcoin investment is something Before you invest on it you need to be well convinced before you can invest in bitcoin but now people are queuing up for bitcoin investment..for me any investment you want to venture into, you have to know the investment properly, because I know that cryptocurrency investment have to do precaution but now they are not investing with a precaution.

You can force you to invest in Bitcoin for yourself, not for others. Why should you force someone to invest if they aren't interested in Bitcoin investment? You can just explain the advantages and disadvantages of bitcoin investment. But you can't force it. Because this is a financial decision, it must be made by the investor. We will not carry out the loss if something goes wrong in some way. Each of us has different thoughts, so our investment plans will be different as well. Before investing in Bitcoin, each of us has to do our own diligence.
you are right because anyone on who invest in Bitcoin is desperate to invest on it home nobody first the person to invest in Bitcoin bitcoin investment is basically based on ambition of that particular person so whoever that invest in Bitcoin invest in Bitcoin determination not base on people discouragement because from my own understanding I know that before some persons invest in Bitcoin the invest in Bitcoin because they have already make their research and they are looking for a place where they come multiply their capital to be profitable for them so doing so it's not that you are forcefully to do that.

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May 06, 2024, 11:28:28 PM
 #68

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 don't need to force anyone to invest in crypto or Bitcoin, it is their money why would you force them to spend it on something that they don't like?
If they lose their money on this investment would you compensate it? what would you get if they invest on it?
I don't see any reason why we need to force them to invest.
And even if they got interest in bitcoin and eventually invest and make profits, that won’t guarantee that they won’t also lose in the process. And by that time, you might be blame because you were the one who influenced them. People’s personality have this two sides, they can be happy at first, but they can also be mad the next time. So you can’t expect for them that they won’t get angry on you if they won’t meet their expectations in bitcoin. The reason why I avoid convincing people to get attached with bitcoin.

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May 06, 2024, 11:55:27 PM
 #69

You obviously shouldn’t force anyone to do anything, that would make you a tyrant!

Bitcoin or investment as a whole isn’t something you force people to get involved with, you can’t do that in the real sense of the word but, there are ways you can talk to someone and you make them feel as though, they are loosing out to have not taken up the investment opportunity your offering to them, it’s more like, manipulating their minds to think that, they’ve got no choice in this for real.

Well, they technically would be loosing out to have not invested but, you let them find means to come to that conclusion. Even with you having to tutor them, you encourage them to do there own research and only get to invest after they are satisfied that it’s what they would like to be involved with.

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May 07, 2024, 01:06:08 AM
 #70

You can force you to invest in Bitcoin for yourself, not for others. Why should you force someone to invest if they aren't interested in Bitcoin investment? You can just explain the advantages and disadvantages of bitcoin investment.

Though most of the time if they are truly committed of their investment and not just interested, they are the one who are going to ask for things the first place. They will be curious, they will ask for market sentiment change, fundamentals, future researches, and even economic change. You don't force people to agree with you. You just help them with things that would help them with their investments.

And when they ask for an advice, what they were truly asking is some encouragement to keep going. There are enough people who are willingly want to learn more about crypto, so don't force people who aren't willing.

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May 07, 2024, 02:01:43 AM
 #71

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?
No one should be forced to invest in Bitcoin. Why would you force someone to invest in a risky sector like Bitcoin? Because investing in Bitcoin is not only profitable but also has the potential to lose. So if you force someone to invest in bitcoins, at some point they may face losses and blame you. But you can give an idea about Bitcoin to those who don't know about Bitcoin, give an idea about the risk of investing in Bitcoin. It is good to educate someone about Bitcoin but should not force them to invest.
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May 07, 2024, 02:10:44 AM
 #72

Force is too strong a word. You can’t force someone to invest their money in something they don’t want to. However you can convince people that x investment is profitable. Simply telling people about the benefits of bitcoin and encouraging them to invest can have its repercussions especially when dealing with friends and family. These category of people do not care to know about the risks involved in bitcoin trading and the volatility of bitcoin as an asset. Their only concern is making profits and if that doesn’t happen then they will drag you for a refund of their money. This is something you have to deal with when introducing family and friends to Bitcoin.
Ur
Their decision cannot be coerced,whatever that should come from them has to be determined and thoroughly examined.You wouldn't want to bear the loss from having and trying to attribute the decision on them.
Normally,introducing people to such investment can lead to various risks and losses,and no wants to spearhead whatever will constitutes difficulty or challenge.

They should be willing and showing interests at all round levels,not everyone would want to engage themselves in bitcoin,but once they play or show uninterested,just hands up and try something productive.You shouldn't bear the losses for your actions of trying to help.

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May 07, 2024, 02:27:10 AM
 #73

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?
The number one reason why you shouldn't force someone to invest in bitcoin is that btc is high on volatility, and people who invested into it is not everytime gain profit they sometimes lose because of luck of patience, and if you force someone and then he lose then he will surely blame you for forcing him to invest in bitcoin,the proper thing to do is to introduce bitcoin to him and let him decide by thier own if they invest or not.


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May 07, 2024, 02:54:38 AM
 #74

The number one reason why you shouldn't force someone to invest in bitcoin is that btc is high on volatility, and people who invested into it is not everytime gain profit they sometimes lose because of luck of patience, and if you force someone and then he lose then he will surely blame you for forcing him to invest in bitcoin,the proper thing to do is to introduce bitcoin to him and let him decide by thier own if they invest or not.

I think for the real reason why most lose when investing in BTC or something else is that they are not investing properly and correctly, they are only short-term investments by trading with a certain limit which is most likely if the price market correction will be depressed and more pressured down makes them stressed because they see their asset estimates are declining and the direction is definitely coming out with losses.

Actually, for the last point from OP posted, if indeed he has great aspirations and hopes by investing BTC properly and correctly, it is likely that the individual will also be able to reach that point and there are quite a lot of examples already if we want to pay attention.

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OrangeII
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May 07, 2024, 03:31:35 AM
 #75

The number one reason why you shouldn't force someone to invest in bitcoin is that btc is high on volatility, and people who invested into it is not everytime gain profit they sometimes lose because of luck of patience, and if you force someone and then he lose then he will surely blame you for forcing him to invest in bitcoin,the proper thing to do is to introduce bitcoin to him and let him decide by thier own if they invest or not.
Yes, not everyone is ready for the fluctuations that exist in Bitcoin, and we all want to avoid something like that happening. If something undesirable happens, then we will be the main targets for blame. This will cause many negative effects, such as strained kinship relationships, lost trust, and many more. it would be better if we just told him what he wanted to know.


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May 07, 2024, 05:26:37 AM
 #76

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?

Are you planning a project? Just asking

If Bitcoin is a stable digital asset it would have been easier to introduce to someone or even force them to have some Bitcoin, there would have been no loss and regrets but Bitcoin is volatile, which to me has its advantages and disadvantages.

This is the main reason you shouldn't force anyone to invest in Bitcoin, the might be buying at the top even if we are in a bull market, they will surely lose their cool once they start seeing twenty percent loss, but to smart investors like us we knew it is another buying opportunity.

For someone who don't develop an interest in Bitcoin themselves, they will never be happy having Bitcoin and seeing its value go down, for them it is a loss and for us it a good buying opportunity, if you want peace of mind it is better to avoid forcing anyone to invest in Bitcoin.

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May 07, 2024, 05:30:03 PM
 #77

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?

Investment brings some results. Negative results of investments affect the person who made the investment, and no one wants to take responsibility for this effect. Essentially, people who use Bitcoin or any other investment vehicle should not act in a coercive manner when giving their opinions about investing in others.

People who know the risk factor and make their investments accordingly are aware of the risks they take. It doesn't make sense to force someone else to take these risks.

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May 08, 2024, 02:54:45 AM
 #78

You can force you to invest in Bitcoin for yourself, not for others. Why should you force someone to invest if they aren't interested in Bitcoin investment? You can just explain the advantages and disadvantages of bitcoin investment.
Though most of the time if they are truly committed of their investment and not just interested, they are the one who are going to ask for things the first place. They will be curious, they will ask for market sentiment change, fundamentals, future researches, and even economic change. You don't force people to agree with you. You just help them with things that would help them with their investments.

And when they ask for an advice, what they were truly asking is some encouragement to keep going. There are enough people who are willingly want to learn more about crypto, so don't force people who aren't willing.
When someone has listened to the explanation about the investments we have made and they are interested, of course they will continue to ask for more details about the investments we have made and for some people who are not interested, of course we should not force them to make the investments we have made, you are right. it's better if we can help explain to those who really want to know about crypto and for those who don't want to learn of course we can't force them because if they fail they will certainly blame us for forcing them to invest in things they don't want.

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YUriy1991
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May 08, 2024, 03:36:19 AM
 #79

For someone who don't develop an interest in Bitcoin themselves, they will never be happy having Bitcoin and seeing its value go down, for them it is a loss and for us it a good buying opportunity, if you want peace of mind it is better to avoid forcing anyone to invest in Bitcoin.

Of course, it was born out of personal desire and already able to read what will happen in the future and from some people if we ask have you invested in BTC? The dominant is not, because until now it is still considered a casual joke.

If mainshet becomes a trader, yes like that, but if we have understood then a transition of concepts must be born. If I trade, it is quite energy and time consuming and more comfortable if you invest in BTC long-term only.

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May 08, 2024, 09:10:10 PM
 #80

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?
1: Forcing someone to invest against their will is illegal probably everywhere in the world.
2: I don't think breaking the law is a good idea and ethically that's just immoral.
3: What i've already said, plus what the hell would be your advantages? Even if that person made money, they wouldn't share with someone who has forced them to do something against their will. They wold probably plan a revenge
4: Dude, if you forced them, why would you care what they thought about the risk? It would be literally your decision, and you would decide to risk their money. Again, by "forcing" meaning against their will.
5: This is so nonsensical. Where in the world this would even apply?

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