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Author Topic: Have you successfully influenced someone to invest in bitcoin ?  (Read 1289 times)
krishnaverma (OP)
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May 05, 2024, 03:26:17 AM
 #1

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?

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May 05, 2024, 03:59:27 AM
 #2

I keep the bitcoin investing to myself so I can't say for sure that I've convinced or successfully converted someone to invest into bitcoin, I'd love the idea that I'll convince someone to invest in bitcoin though but the only caveat is that they're the ones that will come to me and not the other way around, I don't want to force them to learn something that they only have a vague interest in and we've talked to pass the time, I don't like to be blamed for something because I've forced them into it, that's not really my style.

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May 05, 2024, 04:02:09 AM
Merited by m2017 (1)
 #3

So far I never introduce anyone about Bitcoin, so the answer is I don't know if I'm capable to convince someone to invest in Bitcoin and don't know what they will do after they invest in Bitcoin.

Teach someone about Bitcoin have many drawbacks:
1. Ruin my privacy.
2. I would get blamed if they loss.
3. Wasting my time and effort.

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May 05, 2024, 04:08:39 AM
 #4

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?

In conversations with relatives and friends, I mentioned bitcoin a few times, but I never seriously gave anyone investment advice in bitcoin. Because I don't want to be blamed or responsible to anyone because even I myself have no guarantee that my bitcoin investment will be successful. I also don't seem to care which of them has invested in bitcoin because each person has a life and each person has their own choices. I don't like others asking about my life and vice versa, I do that to everyone. 

Bitcoin today has become so popular and we can easily see it everywhere. If someone is really interested and wants to invest, they will learn about it themselves without having to ask anyone to convince them.

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May 05, 2024, 04:11:00 AM
 #5

When I first learned about Bitcoin, after learning about the advantages and disadvantages of Bitcoin and the benefits of Bitcoin, after a some month I told a friend about the advantages and disadvantages of Bitcoin, i also told about the high returns on Bitcoin investment. I advised him to invest in bitcoin, but then he only looked at risk and not profit, he didn't want to take risk, I tried to convince him many times that investment in bitcoin has high profit as well as risk, (at that time bitcoin was worth 20K to within 30K) but he did not understand in any way. Then I realized that there was no point in explaining it to him, so I gave up trying to explain it to him. And I continued to invest like myself.

My friend was surprised when the price of Bitcoin broke its all-time high before the halving and then only regretted it. He got confused and said I'll invest now i.e. when bitcoin price is above 70K he decided to invest, LOL. Then I told him that now there is no profit in investing, now the price of Bitcoin is very high. I told him about investing after a few days and after the price of Bitcoin slowly fell when it reached 60K I told him to start investing. He is now investing according to his ability using DCA method.

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May 05, 2024, 05:11:25 AM
 #6

I only influenced my parents. They invested and made 3x on it, but I still can't call it a success because throughout the entire investment they believed that I was responsible for this decision they made. And during periods when Bitcoin fell or stood still, they were unhappy. I no longer plan to give investment advice to anyone. This must be an internal desire of a person. Only then does he take full responsibility upon himself, and not look for someone to push it onto.

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May 05, 2024, 05:32:51 AM
 #7

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?

I tried, but they don't seem to believe in the long term holding idea, they must have believed that I am lying to them or they would lose their money, I stopped telling people about Bitcoin, and most of the time I always ended up wasting my precious time.

The only one time I was thanked for telling someone about crypto investment was a year ago, an old friend who did have some trust in me came for help, instead of helping him I told him to risk some money, NAD right away I told him that he can lose it all, still he insisted.

It was not even about Bitcoin, I invested the money on alt and he made 5x of the money, and I gave it back to him, he was very happy, what I did notice was that he was ready to lose that money, most people today call everything a scam, including Bitcoin, you will have peace of mind if you keep it to yourself.
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May 05, 2024, 05:45:56 AM
 #8

I only influenced my parents. They invested and made 3x on it, but I still can't call it a success because throughout the entire investment they believed that I was responsible for this decision they made. And during periods when Bitcoin fell or stood still, they were unhappy. I no longer plan to give investment advice to anyone. This must be an internal desire of a person. Only then does he take full responsibility upon himself, and not look for someone to push it onto.
That's the price of having someone rely on you for their investment, I think that they should know about this kind of thing by now that it's not always Christmas when it comes to investing in the bitcoin market, there's going to be depressing times that would lead to panics and they've witnessed their investments go up already, why are they still mad or upset about you, I don't think that they should consider or even do anymore investments if they're going to be this way with bitcoin. It's unlike my parents, they do want to invest and they know the implications and consequences of bitcoin investing and they're not mad at all and they've agreed to hodl for the long-term, I'm talking about retirement age kind of long-term which is a lot of time to be invested into and I just wish them that they'd get the most profits when they finally sell.
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May 05, 2024, 05:50:03 AM
 #9

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?

I first gave information to a friend of mine who did not know what to invest in, about the areas he could invest in, and then asked him whether he was making the investment long-term or short-term. After getting the answers to these questions, I presented the options to my friend. The point I paid attention to is that I did not try to persuade or pressure my friend to invest, I just told him what I knew.

I said that Bitcoin always brings profit in the long run and reaches more people every day. Then I gave him a few ideas to learn about graphs and cycles. Finally, I warned my friend to remember that investing has risks.

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May 05, 2024, 05:58:14 AM
 #10

Have you successfully influenced someone to invest in bitcoin ? 
No but the only reason why is because I have not tried to. From time to time, I get the urge to tell some of my friend about bitcoin as they talk about how much they are struggling but there's something that prevents me from doing so.

I care for my friends but I do not want to be responsible for any of their financial decisions. Be it good or bad.

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May 05, 2024, 06:05:47 AM
 #11

i have influenced someone but it was just my brother. and the money he used to invest in BTC was also the one i gave to him  Grin i guess it's just the only way i can make him feel how investors feel when they have something to be proud of.

after influencing him to own some BTC, i advised him not to feel very confident in trading even when he learned it well. somehow you can't prevent them from investing in something else such as memecoins.  Grin



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May 05, 2024, 06:16:43 AM
 #12

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
We have strategized on the top goals and carrying those that are willing to embraced change. We should emphasized on successful results and not giving you because everything comes with solid plannings. Cryptocurrency is not a get rich quick scheme and we have turn on specific goals for ourselves in the system. I've persuaded one of my very close colleague to invest in bitcoin and today he's one of the happiest man alive because he's in stuck in profits after bitcoin breaks the ATH (All-Time High).

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May 05, 2024, 06:40:34 AM
 #13

I don't want to force them to learn something that they only have a vague interest in and we've talked to pass the time,
Good choice because humans somehow usually lose more interest when other people tell them to do it. It is like it is in our nature to go against what is being said to us. So I have seen some cases where you tell someone about bitcoin and they just end up not believing it or something. It is exhausting to have to convince someone that does not want to be convinced.
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I don't like to be blamed for something because I've forced them into it, that's not really my style.
the funny thing is even if you just mention it in the passing and not really force them to do anything they will still say that it is your fault they invested in the first place.









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May 05, 2024, 07:16:16 AM
 #14

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
On a contrary I was the one who was introduced bitcoin investment. Since the person who introduced me to bitcoin investment is not here in the forum, I feel like speaking up for myself. Yes I have said thank you to him countless times. He is my friend who is doing far better than me today financially because he caught the vision on time. He kept disturbing me to invest in bitcoin back then but I was reluctant. The they I finally made up my mind was the best day of my life and I won't forget it. I have talk to few others but none is committed to investing at the moment, but am hopeful they will come around one day just like I did. Since it's something that they will be the primary benefactors, I don't have to make it look as if I have personal interest in it.

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May 05, 2024, 07:36:58 AM
 #15

I am in fact, trying (you can check the thread I made). I have had some % of success. One of the things that sort of work, is gifting a bit of bitcoin to somebody. When that happens, such person, even if he/she is skeptical about it, he/she already "owns" some... and his/her perspective changes.

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May 05, 2024, 08:12:59 AM
 #16

Have you successfully influenced someone to invest in bitcoin ? 
I have been asked what I am investing in by younger people who look up to me to know better than they do. I have referred a few to bitcoins, and I believe that my referral influenced their decision to invest in bitcoins.

What was the final result, did they thank you later for this ?
Some of them were appreciative and have come back to thank me because I exposed them to information about an opportunity that many of their peers have no knowledge of. But because you can refer someone to an opportunity and they never follow it up, I always let these people know that they also had a role to play in their development because they acted on the information and referral that they received by doing their research first before investing.




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May 05, 2024, 08:39:55 AM
 #17

I told a friend of mine about bitcoin but told him about the risks of no that bitcoin investment will only give profit. Investing will depend entirely on their decision. But in fact hold is the only reasonable strategy for most crypto investors. Bitcoin investment is better for long term. A significant increase in cryptocurrency prices over time leads to a shift in shares in the portfolio. If you ignore them and invest you will be successful.
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May 05, 2024, 08:57:07 AM
 #18

I've talked to some friends here and there about Bitcoin - you know, explaining the basic idea of how it works as a digital currency and why I personally geek out over it.  A few buddies were intrigued enough to read up more on their own after we chatted, but eventually decided taking the plunge into crypto wasn't really their thing.  And hey, that's totally fine!

But there was this one time I was chatting to my friend over beers and he seemed seriously pumped about the whole Bitcoin concept after I rambled on about it and  even transferred a bit of money over to dip his toes in.  For a few weeks he was stoked because the price kept climbing and his investment was looking sweeter by the day.  But welp, as so often happens in crypto markets, a correction dip came.  Value started dropping hard and fast.  He totally panicked and sold at a loss just wanting out.  Poor guy! I haven't heard him talk about Bitcoin or investing since, lol.  Guess I scared him off! Ah well.

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May 05, 2024, 11:45:01 AM
 #19

We should not force anyone to put money into Bitcoin but we can share our knowledge if someone wants to hear our words. Bitcoin investment is suitable for those who show their desire by themselves but if someone is not interested then we cannot immediately teach him about Bitcoin.

Bitcoin is expensive and everyone cannot make an investment in Bitcoin but it is important to stay tuned with Bitcoin information and whenever you find a chance to invest then you must have knowledge about it as knowledge never ends and will help you whenever you want to take help from it.

I think if someone has made an Investment in Bitcoin then he should not tell everyone about it, he can just share good points about Bitcoin investment but telling someone else about the amount of Bitcoin you have is not a better idea.



 

 

 

 

 

 


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.
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May 05, 2024, 11:54:03 AM
 #20

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?

I haven’t, and I never will. A friend knowing that I know a lot about cryptocurrencies once asked me if they should invest and I reiterated the ideology of Bitcoin over again to them and told them the risk if they wanted to invest. I don’t think it’s wise to advise anyone to invest in such a volatile market. You have no clue how much they take your word for it and may even invest their life saving.



 

 

 

 

 

 


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.
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happen or be a part of it"

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