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Author Topic: How do I introduce Bitcoin to my client?  (Read 1014 times)
stadus
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July 17, 2024, 01:47:26 PM
 #101

For me, the most vivid introduction would be bitcoin is the opposite of fiat, or let's just say, what fiat lacks, bitcoin fulfills it. When you say fiat is completely controlled by banks or any other entity, with bitcoin, you are in full control of it. When you say fiat is affected by inflation, bitcoin beats inflation. And when you say fiat's value will depreciate in the future, bitcoin appreciates every now and then that's why bitcoin attracts a lot of long term investors as they gain higher value and profits when they hold bitcoin longer.

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avp2306
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July 17, 2024, 01:50:50 PM
 #102

No doubt, Bitcoin is one of the fastest and smartest virtual currency that has been designed to support P2P and a transparent transaction between users on a decentralized network. There are many that has actually want to venture into bitcoin market investment, but no ideas on how to start.

If I have a client that wants to invest in Bitcoin or any other cryptocurrencies, but he/she does not have any actue ideas on how the Bitcoin ecosystem works. How do I convince such person? what are the smartest ideas and informations I need to share to such person inorder to align with their vision?

I need suggestion to this.
What kind of client are you referring? Perhaps you don't need to convince anyone to invest on bitcoin but if your client are bitcoin enthusiast and are expressive to you of their interests on bitcoin but does not know how to go about it, since you have become a member of this forum you can simply direct them to come learn by themselves.
But while on a one on one, you just have to explain the reality fact of bitcoin and not strategically of convincing them.
Let them decide for themselves so that you don't have to be blamed at any course of negative outcome.

For saying that his client have zero knowledge about bitcoin, then provably with that he cannot easily convince his client to learn this. So more better for him is to avoid any attempt to convince his clients to invest on bitcoin since instead of gaining positive approach to what he introduce to that person. Maybe it will create separation especially if that client would find bitcoin as scam. So OP should learn to keep his activities secret and just approach his client if he's already a bitcoin investor.

There's nothing to gain for that and we don't need to market it since the developments happen is the one will market it self. Bitcoin potential is so great and for sure in future they would learn about bitcoin then try to invest on this asset.

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Peanutswar
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July 17, 2024, 02:22:35 PM
 #103


If I have a client that wants to invest in Bitcoin or any other cryptocurrencies, but he/she does not have any actue ideas on how the Bitcoin ecosystem works. How do I convince such person? what are the smartest ideas and informations I need to share to such person inorder to align with their vision?

I need suggestion to this.

I'm not fan of pushing other people to make an investment with Bitcoin if they really want to just let them do the thing and you are just answering the question. That is your client still there's a boundary also matters how you will treat each other and having a conversation don't let yourself get overwhelmed because you see someone makes an investment in Bitcoin which is the same you are doing and you fed them alot of information for sure they will confused all of those terminology and thing to consider. ideally just give an answer when they ask and don't let your ego dictate them what they need let them decide on their own pace.

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July 17, 2024, 02:26:16 PM
 #104

No doubt, Bitcoin is one of the fastest and smartest virtual currency that has been designed to support P2P and a transparent transaction between users on a decentralized network. There are many that has actually want to venture into bitcoin market investment, but no ideas on how to start.

If I have a client that wants to invest in Bitcoin or any other cryptocurrencies, but he/she does not have any actue ideas on how the Bitcoin ecosystem works. How do I convince such person? what are the smartest ideas and informations I need to share to such person inorder to align with their vision?

I need suggestion to this.

I think you shouldn’t say convince. Instead stick to introducing them to Bitcoin. How can you do this? It’s simple and straight forward; tell them what Bitcoin is, explain the whitepaper and its content to them. Show them statistics of Bitcoin adoption and even price increases over the past years, explain the value they could get from delving into it, but also highlight the disadvantages so they don’t think it’s a 100% safe haven.
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July 18, 2024, 10:05:44 AM
 #105

No doubt, Bitcoin is one of the fastest and smartest virtual currency that has been designed to support P2P and a transparent transaction between users on a decentralized network. There are many that has actually want to venture into bitcoin market investment, but no ideas on how to start.
The study of bitcoin investment is not that hard, it's something that you may take you a period of two weeks to learn and understand the procedures of it, so therefore we have devote out good time to learn the basics things of bitcoin, we have many exchange someone can join and purchase a bitcoin with a good rate after you have make your research concerning bitcoin, because is good to know the risks that involve in bitcoin before you invest on it, because sometimes some persons doesn't bother to learn and understand the implications of bitcoin before they go into it, I think that's one of the things makes people that bitcoin is not good to be invested on.

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July 18, 2024, 10:19:47 AM
 #106

No doubt, Bitcoin is one of the fastest and smartest virtual currency that has been designed to support P2P and a transparent transaction between users on a decentralized network. There are many that has actually want to venture into bitcoin market investment, but no ideas on how to start.

If I have a client that wants to invest in Bitcoin or any other cryptocurrencies, but he/she does not have any actue ideas on how the Bitcoin ecosystem works. How do I convince such person? what are the smartest ideas and informations I need to share to such person inorder to align with their vision?

I need suggestion to this.
I think one of the best way to introduce Bitcoin to your client is for you to tell them about it maybe giving them hit about what Bitcoin is all about. You can ask the person to read about the Bitcoin white paper so more knowledge cam be acquire which will aid them to see good reason to o vest in Bitcoin. You will have to do most of the work by showing them the way through especially Bitcoin chart and other materials that would aid the client to keep increasing their knowledge about what Bitcoin is all about. If your client has interest in knowing more about what Bitcoin is all about, he will do some research to aid his knowledge on how to invest in Bitcoin.

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July 18, 2024, 10:31:45 AM
 #107



I think you shouldn’t say convince. Instead stick to introducing them to Bitcoin. How can you do this? It’s simple and straight forward; tell them what Bitcoin is, explain the whitepaper and its content to them. Show them statistics of Bitcoin adoption and even price increases over the past years, explain the value they could get from delving into it, but also highlight the disadvantages so they don’t think it’s a 100% safe haven.

I think we should emphasize the risks they may encounter when investing in bitcoin instead of focusing too much on the advantages of bitcoin. The fact that we focus too much on explaining the advantages of bitcoin and ignore the risks not only makes them fall into illusion, but can also get us into trouble later if their investments lose money.

In my opinion, the OP shouldn't even be doing this because it's his customer and one disadvantage he would face is that this could affect his business. Instead, tell customers that they can learn about bitcoin on their own because everything about it is easy to find on the internet and is not as complicated as they think.

@OP, these are your customers and they are the ones who bring you income, you really need to make the right decisions.

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July 18, 2024, 11:37:01 AM
 #108

I think you shouldn’t say convince. Instead stick to introducing them to Bitcoin. How can you do this? It’s simple and straight forward; tell them what Bitcoin is, explain the whitepaper and its content to them. Show them statistics of Bitcoin adoption and even price increases over the past years, explain the value they could get from delving into it, but also highlight the disadvantages so they don’t think it’s a 100% safe haven.
There's already a wrong impression when people hear that they are being convinced into something. I don't want to be rude or whatnot but many does have a bad experience about being done so and their friends have tried to convince them into something.

You're right that it shouldn't be all about convincing.

It's giving them a nice introduction about Bitcoin and there are a lot of resources that they can be introduced to. In YouTube, there are videos that are like Bitcoin for dummies and such.

The same goes with books and e-books or pdf files.

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July 18, 2024, 01:17:04 PM
 #109



I think you shouldn’t say convince. Instead stick to introducing them to Bitcoin. How can you do this? It’s simple and straight forward; tell them what Bitcoin is, explain the whitepaper and its content to them. Show them statistics of Bitcoin adoption and even price increases over the past years, explain the value they could get from delving into it, but also highlight the disadvantages so they don’t think it’s a 100% safe haven.

I think we should emphasize the risks they may encounter when investing in bitcoin instead of focusing too much on the advantages of bitcoin. The fact that we focus too much on explaining the advantages of bitcoin and ignore the risks not only makes them fall into illusion, but can also get us into trouble later if their investments lose money.

In my opinion, the OP shouldn't even be doing this because it's his customer and one disadvantage he would face is that this could affect his business. Instead, tell customers that they can learn about bitcoin on their own because everything about it is easy to find on the internet and is not as complicated as they think.

@OP, these are your customers and they are the ones who bring you income, you really need to make the right decisions.
yes, I think it would be better like that, introducing the risks first, this will make @op clients or investors who want to invest some of their income not depend on their bitcoin investment or have the mindset that investing in bitcoin will always make a profit, things like that not true, behind profits there are risks that must be taken, and we must be prepared for all the risks that will occur in our investment, there is no harm in fantasizing about the profits that will be obtained if investing in bitcoin, but again emphasizing from the side the risk will be much better. and I agree that if you focus too much on the profits that will be generated, it will make @op clients or novice investors ignore the risks that will occur, and this will become a problem at some point in the future.

it would be better like that, let novice investors seek knowledge about investing in bitcoin, there is a lot of learning like that on the internet and it is easy to understand when it comes to investing in bitcoin, and @op should just support it without having to interfere in the investment

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July 18, 2024, 03:19:54 PM
 #110

it would be better like that, let novice investors seek knowledge about investing in bitcoin, there is a lot of learning like that on the internet and it is easy to understand when it comes to investing in bitcoin, and @op should just support it without having to interfere in the investment

Everyone has a process and not necessarily those who are new to the market instantly can navigate the market well even though they have tried their best to learn first. As for the results, of course, it will be different from those who are new and enter directly without learning the pattern at all.

I also have a hunch that they also don't want everything to be dictated in every item where sometimes they also want to be free to decide their investment steps and decisions. We can say that they may only ask a little of what they feel is poorly understood. What is certain is that if they have started it and I am sure that in the future they will be able to find the pattern by themselves.

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July 18, 2024, 03:53:27 PM
 #111

For me, the most vivid introduction would be bitcoin is the opposite of fiat, or let's just say, what fiat lacks, bitcoin fulfills it. When you say fiat is completely controlled by banks or any other entity, with bitcoin, you are in full control of it. When you say fiat is affected by inflation, bitcoin beats inflation. And when you say fiat's value will depreciate in the future, bitcoin appreciates every now and then that's why bitcoin attracts a lot of long term investors as they gain higher value and profits when they hold bitcoin longer.
Everybody enjoys a nice income. Everybody enjoys a decent investment. And thats what Bitcoin is, folks. Currently, this is the best investment you could make. Forget about those fancy Wall Street guys and their rigged system. Bitcoin, its different. Its about taking back control. It is about YOU handling YOUR money.

Indeed, others argue its dangerous and difficult. But what investment isnt? But with Bitcoin, the upside? Its amazing. Its about creating real money, not only about defeating inflation. The wise long-term investors understand the possibilities. They can see the future.

So, when you talk to your clients about Bitcoin, dont just talk numbers. Talk freedom. Talk about a better financial future. Talk about the power of taking control of your own destiny. Thats what resonates with people. You sell Bitcoin using that approach.

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July 18, 2024, 04:25:34 PM
 #112

To convince someone you definitely gotta mention the benefits of the bitcoins and explain the basics so that they are clear and would be easier to convince them if you show them examples of the benefits they will get.
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July 18, 2024, 07:47:47 PM
 #113

You’re sound in like you’re also very new to the cryptocurrency industry and you’re already wanting to introduce another person?
I think you should focus on your personal growth and how to get better in the industry before getting someone into eBay you don’t even know about.
If maybe you have a client that’s wants to make payment to you in bitcoin then all you have to do is send him your wallet address or QR code to him and he will send the equivalent in bitcoin to your wallet and anything outside that and matching into investment is a very wrong option especially for someone who is still trying to figure out how the industry works.

Please take your time to learn about it before wanting to introduce it to some other persons .
Goodluck.

R


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Today at 07:18:24 PM
 #114

I have been interested in the world of cryptocurrency relatively recently. The main criteria of cryptocurrency exchanges for me are reliability, security and reliability of information. On the stock exchange https://www.binance.com / you can get reliable information about bitcoins, track the price, and trade cryptocurrencies.
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