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Author Topic: Have you successfully influenced someone to invest in bitcoin ?  (Read 1099 times)
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May 12, 2024, 04:06:34 PM
 #121

Well, I once invited someone, and he managed to own some assets at that time. However, since the price of bitcoin has dropped, I think he has gone out and looked for other investments. Well, he was grateful, but right now, I think he has another job. However, up to now, I don't want to invite anyone, but I just explain what I know. Sometimes, when someone is invited to invest in something, they do something out of line, such as trading with what they can't afford to lose, then blame the person who invited them.
I felt the same way too. I usually tell my close friends about bitcoin way back then, but now I decided to stop doing it because at the end of the day, instead of helping them and be grateful for it, I end up becoming responsible of their losses even if they know from the start that I never fail to warn them how risky bitcoin investment is.

Now, I’m still open to talk about bitcoin only when they asked to, but I make sure not to convince or influence them at all. Bitcoin is a complex investment most especially for those who are not knowledgeable about it, hence investing without prior learning acquisition will only go into waste and lose all the capital being risk. Invest at your own risk.

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May 12, 2024, 05:14:10 PM
 #122

Well, I once invited someone, and he managed to own some assets at that time. However, since the price of bitcoin has dropped, I think he has gone out and looked for other investments. Well, he was grateful, but right now, I think he has another job. However, up to now, I don't want to invite anyone, but I just explain what I know. Sometimes, when someone is invited to invest in something, they do something out of line, such as trading with what they can't afford to lose, then blame the person who invited them.
I felt the same way too. I usually tell my close friends about bitcoin way back then, but now I decided to stop doing it because at the end of the day, instead of helping them and be grateful for it, I end up becoming responsible of their losses even if they know from the start that I never fail to warn them how risky bitcoin investment is.
I suggested one of my friend for Bitcoin investment who invested in Bitcoin but since then the price of Bitcoin has dropped significantly. He was patient when I asked him to wait patiently but after waiting for a long time when the investment was not recovered he accepted his loss and withdrew his investment. But the interesting thing is that after a long time he came to me again for bitcoin investment advice. I have encouraged a few others to invest, they have invested in bitcoins and there have been some bitcoin holders. Who are gradually increasing their holdings. But I don't encourage everyone to invest. I recommend investment only to those over whom I have control. Because a small mistake here can lead to big losses. I try so that no one can blame me.

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May 12, 2024, 05:57:16 PM
 #123

Well, I once invited someone, and he managed to own some assets at that time. However, since the price of bitcoin has dropped, I think he has gone out and looked for other investments. Well, he was grateful, but right now, I think he has another job. However, up to now, I don't want to invite anyone, but I just explain what I know. Sometimes, when someone is invited to invest in something, they do something out of line, such as trading with what they can't afford to lose, then blame the person who invited them.
I felt the same way too. I usually tell my close friends about bitcoin way back then, but now I decided to stop doing it because at the end of the day, instead of helping them and be grateful for it, I end up becoming responsible of their losses even if they know from the start that I never fail to warn them how risky bitcoin investment is.
I suggested one of my friend for Bitcoin investment who invested in Bitcoin but since then the price of Bitcoin has dropped significantly. He was patient when I asked him to wait patiently but after waiting for a long time when the investment was not recovered he accepted his loss and withdrew his investment. But the interesting thing is that after a long time he came to me again for bitcoin investment advice. I have encouraged a few others to invest, they have invested in bitcoins and there have been some bitcoin holders. Who are gradually increasing their holdings. But I don't encourage everyone to invest. I recommend investment only to those over whom I have control. Because a small mistake here can lead to big losses. I try so that no one can blame me.
If we influence someone to get involved with Bitcoin, especially close people such as friends or family members are a good choice because they can be controlled and always under supervision, and can easily talk about it because they are close or meet frequently and also based on their wishes.
Apart from that, they also have the enthusiasm to search for and learn all the functions and benefits related to Bitcoin and its traces so that it can keep them motivated. And I also did this with close friends and some of my family members and everything was fine once they knew the risks involved and also the correct way to buy and sell.

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May 12, 2024, 06:24:07 PM
 #124

I think I have influenced lots of people to invest in Bitcoin but not directly. I am not someone that goes out to convince people to invest in risky projects. I believe If you want to do any investment, you do your research yourself.  I will only put you through if you have some challenges getting along. But most people who are close to me often get motivated to take that risk. If I can invest i Bitcoin, why won't they?

I am always careful about convincing anyone to invest in Bitcoin and cryptocurrencies in general. Once I read a post here where someone who got recommendation from someone here to invest in Bitcoin threatened to hold the person who recommended her responsible if anything happens to her capital. A lot of persons cannot take risks, but want to enjoy what risks takers enjoy. We just have to be careful who we bring in so as to avoid getting into trouble.

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May 12, 2024, 07:51:26 PM
 #125

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
Yes I have. I have influenced some of my old school friends. And the final result is good they are also making long term investment with DCA method with their pocket money. I just give them the story of Bitcoin why the satoshi nakamoto make this revolution and why it's not a scam or illegal thing in general. At last give them myself as a example how I did make profit from Bitcoin.
When I introduced them to Bitcoin I didn't think they would make a long term investment, I thought they would just sell it when the price of Bitcoin went up a bit. But I saw that they are still holding even after market dumping. Isn't it a good result from the newbie's starting holding bitcoin ?

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May 13, 2024, 11:01:19 AM
 #126

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
Yes, that person thanked me. That's only one and I am happy that out of the many that have asked me how to invest, only 3-4 continued and one of them luckily got the quick profits this bull run. I've already told to that guy BTC on 2017 but didn't do anything until this year.
I was so happy for him that he did sort of a shortcut and managed to earn already compared to the other friends that I have that it took them a lot of time before having so.
I don’t know if you are just simply a great teacher or you just have a very intellectual kind of friends. You are lucky they ended up with good results otherwise they would have blamed you and ended your relationship.

There’s really no guarantee that when you advice someone that they will be able to get something good out of it that’s why I do not really want to do it. Though it would be amazing if my friends became successful at the same time as I am.

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May 13, 2024, 11:13:03 AM
 #127

I think I have influenced lots of people to invest in Bitcoin but not directly. I am not someone that goes out to convince people to invest in risky projects. I believe If you want to do any investment, you do your research yourself.  I will only put you through if you have some challenges getting along. But most people who are close to me often get motivated to take that risk. If I can invest i Bitcoin, why won't they?

I am always careful about convincing anyone to invest in Bitcoin and cryptocurrencies in general. Once I read a post here where someone who got recommendation from someone here to invest in Bitcoin threatened to hold the person who recommended her responsible if anything happens to her capital. A lot of persons cannot take risks, but want to enjoy what risks takers enjoy. We just have to be careful who we bring in so as to avoid getting into trouble.
Bitcoin investing isnt for everyone. It needs courage and vision. However, early investors with foresight are experiencing huge profits. Believe me. Its prudent not to pressure people into it. However, seeing a winner like you invest in Bitcoin makes them think. This is about BIG rewards, not simply risk. Market knowledge is crucial. We all know what the dollar does to economies worldwide. Bitcoin is unique and stable. It could secure your finances and strengthen you.

You're smart to be wary. Investing is serious - its about mindset as much as money. Not everyone can manage pressure, and thats okay. But remember, you're a leader. People admire you. Seeing you succeed with Bitcoin shows people whats possible. They'll figure it out without instructions. You're providing information and an example. Thats the best method to help folks make good financial decisions.

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May 13, 2024, 11:13:40 AM
 #128

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
Have influenced someone from my classmates from college but he decided not to invest in bitcoin
 instead he chooses Ethereum , i don't know where did he get that Idea but yeah i lured him to invest
 in bitcoin yet goes sideways in altcoins but its fine at least he will never blame me if ever he did not
succeed because i only thought him about bitcoin and its from his self study to put in altcoin.

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May 13, 2024, 11:31:40 AM
 #129

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

I have never done that because I don't want to get a headache in the long run. If they really believe in bitcoin, of course they should make their own move and start their own way to find out how Bitcoin became interesting to most Bitcoin investors.

Most of the people here in our country, when you share something that can help them, can blame you in the end when they don't make money, which they usually say, I trust you, even if we say that you gave a warning.

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May 13, 2024, 11:34:08 AM
 #130

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
I could tell people but I'm not obliged to influence them and take responsibility for their investment. I say this because I try to get in touch with someone and my experience is too bad as he came back and blamed me for losing their money after buying Bitcoin. I really don't know the story of why he lost as I don't talk to him back as he never listens to my explanations anymore.

Whether you believe me or not OP, please don't try to talk to people and encourage them to invest in Bitcoin as they will turn you back and blame you. You'd rather spend your time on yourselves rather than bringing someone to the crypto space, especially when we feel they are not interested in this.

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May 13, 2024, 03:10:03 PM
 #131

I was able to entice a bunch of my friends in High School and in College to invest in cryptocurrency, back when I was still a lowly crypto bag holder with a few dollars under his name. I invited them to join this forum for the moolah and the knowledge, and while some of them left the crypto world for good in search of more sustainable careers, there's still a handful of Day 1s who remained and have been able to achieve a lot of amazing things all because I told them about bitcoin and bitcointalk.

Take for example, this close friend of mine I would call "Steve", we were in the same IT classes back in college, and while a lot of our early bird friends left the crypto world for good back in 2022, some of them even earlier than that, and a couple more crossing us for the sake of money and a higher social standing amongst our peers, he stuck with crypto, right now he's living comfortably, hired by some crypto clients to make front-end websites for their projects and all that shit. So happy knowing that he deserved all the shit he's getting right now and more, plus the fact that he stuck with us through thick and thin learning the ins and outs of cryptocurrency, while studying all at the same time.

I guess that's just one of the success stories I have for a bunch of people I introduced to crypto to.

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May 13, 2024, 11:15:40 PM
 #132

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
Have influenced someone from my classmates from college but he decided not to invest in bitcoin
 instead he chooses Ethereum , i don't know where did he get that Idea but yeah i lured him to invest
 in bitcoin yet goes sideways in altcoins but its fine at least he will never blame me if ever he did not
succeed because i only thought him about bitcoin and its from his self study to put in altcoin.
If you have told your friends about investing in crypto, of course that is very good, but you have to explain in detail about the investment about the risk of losing their money if they make a mistake in the investment they make and if they prefer to invest. There is certainly nothing wrong with altcoins, but they must be able to know for sure the type of altcoin they will choose and don't make a mistake in choosing the type of altcoin they will invest in so that they experience losses on the investment they make.

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May 15, 2024, 02:26:57 AM
 #133

I talked to many of my friends about Bitcoin in 2020, but most of them ignored my story and thought this was too risky a market to invest in. At that time, they were only interested in investing in stocks and real estate, which gave them more peace of mind. However, up to this point, after the outstanding growth of Bitcoin as well as this market, those friends now come to me to ask for comments about Bitcoin. They expressed regret for not investing in Bitcoin in the past, and asked me if it was still time to invest in Bitcoin now.

Actually, in 2020 I was quite excited to share Bitcoin investing with my friends, but now I'm quite reserved about it. Because I am aware that giving investment advice to someone carries a lot of risks, especially with relatives and friends. Not everyone who invests in Bitcoin can make a profit if they don't really understand it and hold it persistently. If they lose money, I might become the target of their attacks. Therefore, if you intend to influence someone's investment, you should be cautious and think carefully.

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May 15, 2024, 12:18:26 PM
 #134

If you have told your friends about investing in crypto, of course that is very good, but you have to explain in detail about the investment about the risk of losing their money if they make a mistake in the investment they make and if they prefer to invest. There is certainly nothing wrong with altcoins, but they must be able to know for sure the type of altcoin they will choose and don't make a mistake in choosing the type of altcoin they will invest in so that they experience losses on the investment they make.

I don't think it's appropriate to use the phrase "have to" in this case. Still, the people to whom we give advice accept it on their own. They always have a choice and may not follow our advice. They take responsibility for decisions made. Our task is to express our opinion on this matter and present compelling arguments. Then it's up to the one who makes the decision.

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fuguebtc
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May 15, 2024, 01:07:58 PM
 #135

I talked to many of my friends about Bitcoin in 2020, but most of them ignored my story and thought this was too risky a market to invest in. At that time, they were only interested in investing in stocks and real estate, which gave them more peace of mind. However, up to this point, after the outstanding growth of Bitcoin as well as this market, those friends now come to me to ask for comments about Bitcoin. They expressed regret for not investing in Bitcoin in the past, and asked me if it was still time to invest in Bitcoin now.

Actually, in 2020 I was quite excited to share Bitcoin investing with my friends, but now I'm quite reserved about it. Because I am aware that giving investment advice to someone carries a lot of risks, especially with relatives and friends. Not everyone who invests in Bitcoin can make a profit if they don't really understand it and hold it persistently. If they lose money, I might become the target of their attacks. Therefore, if you intend to influence someone's investment, you should be cautious and think carefully.


To be honest , I also don't like and don't support the idea of giving investment advice to others because when it comes to investing , it is not only profitable but also risky. We are not in the same situation , nor are our risk tolerance levels the same, so giving advice to others is no different from making things difficult for yourself . If someone asks me about bitcoin , I usually don't want to say much and what I tell them is to do their own research on the internet or find someone . I really don't want to be blamed or lose the relationship if their investment goes wrong .

Not only with investing but anything related to money , we should limit giving advice to others if we don't want to be bothered .

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May 15, 2024, 01:16:14 PM
 #136

However, up to this point, after the outstanding growth of Bitcoin as well as this market, those friends now come to me to ask for comments about Bitcoin. They expressed regret for not investing in Bitcoin in the past, and asked me if it was still time to invest in Bitcoin now.
If truly they feel regret about their past actions, then the best thing will be to make amends, and by that I mean to invest in Bitcoin now that it's price is still affordable, because if they still make procrastination today, so will they regret in next 5yrs from today when the it's price is likely to have crossed the $100k bench match. So if I'm you I will only advice to them to buy the amount of BTC they know they can afford to hold for long, and then just leave the fund there til next 5yrs. Because Bitcoin remains a promising asset, despite it's global attack from different countries.

Quote
but now I'm quite reserved about it. Because I am aware that giving investment advice to someone carries a lot of risks, especially with relatives and friends. Not everyone who invests in Bitcoin can make a profit if they don't really understand it and hold it persistently. If they lose money, I might become the target of their attacks. Therefore, if you intend to influence someone's investment, you should be cautious and think carefully.
But that will only be possible if you fail to explain to those you will be introducing into Bitcoin it's pros and cons, because inasmuch as you are able to explain to them it's risk , and they were able to accept it and venture into investing in Bitcoin. You don't need to be worry about been blamed.

.
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May 15, 2024, 03:36:44 PM
 #137

I have influenced many people to use BTC and the easiest conversion being my friends and colleagues as it's easier for them to understand Bitcoin wherein the older ones find it difficult to believe something like this can be real because they are conventional investors who believe in traditional investment system so didn't bother much on them. When I started getting profits and showed near and dear once about the profits and how much I have got as returns they were very excited but some of them did panic selling during the bear market and blamed me for trapping them.









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May 15, 2024, 04:44:50 PM
 #138

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
Nope, I would never do that.

I would only teach someone about bitcoin if they are willing to learn about it and need a guide. Tell them the pros and cons specially our own country's stance towards it and the humungous taxation on crypto transaction but would never influence them to invest in crypto.

Because this goes against my own ideals. Someone's money is their responsibility, I would not take that responsibility and because bitcoin is unpredictable which I can handle but they might not be able to.

R


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May 15, 2024, 04:51:43 PM
 #139

When I started getting profits and showed near and dear once about the profits and how much I have got as returns they were very excited but some of them did panic selling during the bear market and blamed me for trapping them.
What you got in the end is what you get when you want to convince or persuade people to buy BTC for returns or profit, if you made returns from BTC, you do not have to go about telling people to buy BTC, and that they would make profits if they do so.

Better if you explain to people that BTC is censorship resistant and permissionless, and that they would have control of their money if they use it, but if you are telling them that they are going to make money from BTC if they buy it, then i am sorry you may end up having problems with the people you introduced BTC to.

.
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May 15, 2024, 05:13:30 PM
 #140

Have you successfully influenced someone to invest in bitcoin ?  What was the final result, did they thank you later for this ?
I use bitcoin myself but I don't force anyone to use bitcoin or invest in bitcoin. But many of my friends came to know about Bitcoin from me with interest and they got a lot of profit by investing in Bitcoin and later praised me a lot. Bitcoin is something that anyone who hears about it gets interested in investing on it. Because long-term investment here is mandatory to get profit. But it requires a lot of patience.

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