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Author Topic: Have you successfully influenced someone to invest in bitcoin ?  (Read 1097 times)
Taskford
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May 05, 2024, 12:42:36 PM
 #21

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

Manage to spread to word about bitcoin before to my friends and neighbors way back year 2017 but unfortunately only few people show some interest to learn about it since they find it interesting since its new to their knowledge. But also there's a lot of people decline the information what I'm trying to show their. And lucky to those people who came to learn even if I tell basic knowledge since up till know they are still participating on any bitcoin investment activities and some of them really earn a lot of money from bounty campaigns before and other activities they are doing.

Right now those people who decline when I try to introduce them about bitcoin starting to ask if I could able to teach them. But I decline them because what I think they are only interested because they see those people I teach before is now earning good cash on crypto and they are still the same nothing change on their life.

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May 05, 2024, 01:52:34 PM
 #22

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.

It only makes sense to pay such a price if you yourself are more interested in having someone rely on you in such a way. But I think that investments are primarily beneficial for those who invest money, and not for those who advise where to invest it. Therefore, the adviser should not pay such a price. On the contrary, investors need to turn to him and value his recommendations, and not shoulder responsibility for the decisions that the investors themselves made.

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May 05, 2024, 03:48:09 PM
 #23

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.
I don't actively give investment advice to anyone, but some people ask me about bitcoin and what I do is I always emphasize the risks of investing in bitcoin rather than mentioning the returns they have heard it somewhere. I want them to know that this market is not as simple as they think and making profits from bitcoin is not as easy as they dream. I have no intention of pushing them out of bitcoin or discouraging them from investing in bitcoin, but investing in bitcoin is risky and I want them to be aware of the risks they will be taking.

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May 05, 2024, 04:06:24 PM
 #24

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

No, and I don't want to. Someone thanking me for something I did isn't too good for which I would be ready to take the risk of taking the blame in case what I did for them or suggested them didn't work out. Believe me, it's not worth it, you are not going to get anything if someone invests in Bitcoin after you suggest it, even if their investment becomes successful and they thank you for it, there is no gain for you in that other than a few verbal praises.

However, if their investment fails and they lose money, you will not be forgiven for life and they will keep blaming you until either you or they aren't alive anymore, and I'm saying this based on a personal experience and occurrence where something similar happened. So I suggest no one does that.

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May 05, 2024, 04:13:26 PM
 #25

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
I haven’t really convinced someone to invest into bitcoin, all i have done is show them directions and explain things for them when they show interest or come to me for advice. It’s good to convince people to invest in bitcoin but before telling them to invest you should tell them to first gain knowledge about bitcoin and understand the concept behind bitcoin investment so they don’t end up blaming you for their loss when their first experience is a bad one. All i know i have done is to refer them some few books and YouTube videos where they can learn about bitcoin before investing their money into it, i always warn them of the risks involved in investing and that the only way to minimize the risk is with adequate knowledge about bitcoin.

Investing and hodling is pretty much easier than trading but then all involves having knowledge and only with knowledge can one be able to draft out their investment plan and ideas. Investing without any plan is like investing blindly and it don’t usually have a happy ending.

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May 05, 2024, 04:21:34 PM
 #26

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.

It depends on how you educate them on Bitcoin investment. If you just focus on price discussion then you are right about not pursuing them to invest because they will most likely panic sell when the price suffer correction.

On the other hand, You can educate them properly about the feature of Bitcoin and let them invest on Bitcoin on their own accord so that you don’t have any liability for their loses in case they do a bad trade. It’s not bad to help others understand Bitcoin feature so that they can invest on this phenomenal technology in long term basis.

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May 05, 2024, 04:43:49 PM
 #27

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.
I see no big deal influencing someone into Bitcoin not forcefully or persuasively but by careful dissociation of the risk and benefits attached to Bitcoin. Bitcoin is associated with risk but takes only a simple knowledge and understanding not to fall victim, so it's a no big deal influencing someone to partake in Bitcoin as long the person would harken to rules and instructions to avoid losing his/her funds during the volatile phase of the market.

In a case we're we have to separate Bitcoin as not a Cryptocurrency, it's not a good ethic refering a person to crypto investment because there is no certainty of the Altcoin giving profits or even retain their value after a DIP but as for Bitcoin, there is 100% of not losing funds as long the person is interested for the long run.

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May 05, 2024, 04:59:59 PM
 #28

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
Hmmm, I don't know TBH.

I shared my knowledge about Bitcoin to many people around me because they're asking about it, but they aren't asking for my help. I don't know if those people are still investing on Bitcoin or with any cryptocurrency currently, but one things for sure. If there's anybody that I influenced about investing into Bitcoin, they will come and thank me because I shared my knowledge with them.

Not an intelligent person here, but I'm just answering their question as best as I could. Influencing somebody about investing into Bitcoin has its pros and cons. One pro is that you will motivate a person to get invested into crypto, and if he becomes successful, there's a chance that he might influence somebody again, and it goes on, and on, and on. One con though is that, there's a chance that they will blame you if they lose money because they invested into Bitcoin. Luckily, this kind of scenario happened to me, but I'm ready just in case it happens. Smiley

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May 05, 2024, 05:16:16 PM
 #29

Have you successfully influenced someone to invest in bitcoin ? 
Yes, there is one person whom I was able to successfully influence to invest in bitcoin. I am talking about myself. Smiley Frankly, at one time this was not very easy to do (influence the decision to delve deeper into the study of bitcoin) and it would have been better if I could have done it much earlier.

What was the final result, did they thank you later for this ?
Looking at the current bitcoin's price rate, I think that this was the best decision in my life and I am very grateful to myself. Smiley On the day I first learned about bitcoin, it was impossible to imagine that it would reach such a level of capitalization and price tag.

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.
It is these side effects that hold me back from encouraging others to buy bitcoin. I have always believed that whoever wants to invest will find information on how to do it on their own, and those who don’t want to, it’s useless to try to influence them with your promotions.

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May 05, 2024, 05:33:15 PM
 #30

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
 
I don't think their is need to influence someone into Bitcoin because the fact is that no matter how good Bitcoin is it will be very difficult for everyone to accept it so perhaps their is no need trying to influence someone who doesn't have interest on venturing into Bitcoin but however we can only help with the information or knowledge we have about Bitcoin to help those who came to us for learning, actually one of the reasons why I believe is not necessary for us to influence people into Bitcoin is that most people have different perspectives about Bitcoin and some sees it as an easy way to get rich quick and perhaps you influence somebody like that into Bitcoin and it happens that after he most have invested but couldn't see any profit within some certain period he could misunderstood the whole thing and the person who lured him into Bitcoin will become a bad person to him.
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May 05, 2024, 05:43:32 PM
 #31

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
Yes I successfully introduced a good friend of mine to Bitcoin back then in the year 2022 during the bear market, I was encouraging him to be patient and to use DCA method to be investing some money he is having spare for savings; luckily l, he agreed and start saving some little amount of money in his exchange wallet, he said he cannot go through the stress of keeping private key as he is not certain and might misplaced it, so I advised him to be saving them temporarily on KuCoin exchange where he buys USDT from. He is appreciating the good deeds I did for him because he has started using his profits for something good and he has seen the benefit of investment instead leaving your money in bank account that will resonated of increasing.

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May 05, 2024, 05:54:08 PM
 #32

Have you successfully influenced someone to invest in bitcoin ?

I have never successfully introduced someone to bitcoin. I don't like telling people about bitcoin investment because if they lose, you will be the one to blame regardless of how you explain it to them, so for me, I think it is better if I invest secretly without anyone knowing. Furthermore, in my area, once they see you making money online, they will start thinking other ways, like maybe you are into scamming and other stuff, so for me to tell someone I'm into bitcoin investment is kind of stressful. Though I can teach someone about bitcoin, just the basics of bitcoin and how it works.

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May 05, 2024, 06:01:38 PM
 #33

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
Yeah my cousin he actually bought $10 worth of Bitcoin way back 2017 or 2018 I think and he's not moving it or using it yet. I don't know if he still has the key of that wallet because he once told me that he lost it so yeah that's unfortunate. But after I encourage my cousin I never did it again because I know how risky it is to be honest given that most people around me are not aware of Bitcoin so yeah better not convince anymore.



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May 05, 2024, 06:23:36 PM
 #34

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
One has to be very careful on who they try to talk to all influence about Bitcoin. Many people have different perception and opinions about Bitcoin. And you really have to know someone and have a level of relationship with them for you to try to talk or influence them into investing in Bitcoin. If you speak to a random person about Bitcoin and try to influence them into investing in Bitcoin, they will call you a scammer and a fraudster.

For me the only person who I successfully influenced into investing bitcoin, is my sister. Because I know she's someone would like investment,  and finance stuff,  and she trust my judgment, I went ahead to talk to her about Bitcoin and she invested.  It's being a good one for her.

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May 05, 2024, 06:24:34 PM
 #35

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

Yes, I have, and the majority of the people I inspired to invest in Bitcoin were inspired by this:

And of course, you won't have to believe that you are doing everyone a favor when you teach them about Bitcoin. The reason is that some of the people you teach will either make a mistake that can lead to a loss of funds and they will put all the blame on you while from the beginning you already warned them. I have taught a lot of people about Bitcoin, and many were inspired and invested, but not all of them appreciated the opportunity. I still have to take the blame for their foolishness and greed.

Since I learned my lesson, I don't ask any kind of person to invest in Bitcoin, but I can teach them about it and tell them that if they find it wise to invest, then them do so, but make sure to master all the risks. 

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May 05, 2024, 06:25:06 PM
 #36

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

Yes, I have did. When your pairs where you work begin to see a sudden change in you, they don't see you pick interest in their conversation and always see you put your head on the front desk pressing laptop and reading things about Bitcoin, the smart ones will be curious and want to know the thing you are doing and they asked me and I explained to them and today, u have buddies I engaged in intellectual discussion about Bitcoin with in the office and outside the office and they have some money in Bitcoin even though it's not that large.

I have some of them that were already into crypto but doesn't buy any coin, they are just into these mining scam coins that claim to give airdrop and I charge them confidently to buy Bitcoin, it wasn't easy to convince them but they later did and but some amounts, they are waiting for the real bull run to come before they buy their first car lol Grin just joking but they did buy some sats and I was happy my taking convince them.

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Medusah
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May 05, 2024, 06:42:27 PM
 #37

I managed to persuade a friend of mine quite some time back, and to this day, he expresses gratitude.  That's the extent of my influence.

I've stopped trying to convince people to invest (time) in Bitcoin because all they seem interested in is turning a profit, which is a very narrow way to perceive Bitcoin.  It's also frustrating when people inquire about how many bitcoins I own without understanding the sensitivity of that question.

So, that's me.  Privacy-minded and a little lazy. 

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harapan
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May 05, 2024, 06:46:12 PM
 #38

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.

Not yet exactly,I keep investing suggestions to myself so I can be safe for later and the future.I haven't really introduced anyone to investing in bitcoin,incase something goes wrong,I wouldn't be accused for luring someone into fraud.It could actually result because of one's greed,ignorance and unintelligent approach.
I haven't really succeeded in convincing someone to invest in bitcoin all along,it's supposed to be a suggestion or serve as an advice,but the bigger role is to come from the other person;the positive response,and efforts to truly a experience good outcome from the investment choice.

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May 05, 2024, 06:54:34 PM
 #39

I did influence a friend, who later became a hodler. He bought bitcoin close to a year after me and holds most of it to this day. AFAIK owns around 10 BTC.
He never really thanked me for that but acknowledged it in a way because we talked about it a few times and he was happy how bitcoin turned out and I reminded him who told him about it and that prompted him to respond that he's happy we had this conversation back then blah blah blah, so I guess that could be compared to a thank you.

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May 05, 2024, 07:18:12 PM
 #40

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
Why I would want to do something like that? Talking about bitcoin in general is OK, but trying to influence someone else to invest in bitcoin will only bring you trouble, because if that person was not ready to invest or was not interested on the topic, and they lost money because of the advice you gave them, you can be sure you will be blamed for those losses, but even if they earned money this will be a problem, as now they will become dependent on your advice and they will look for you whenever they face a difficult situation.
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