People around us and investing.

[Zanab247]

What exactly is your goal when it comes to people around us and investing, is it to have everyone investing, or to have everyone around us not just investing, but investing in bitcoins?

How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?

The main goal is investment but there's certainly how some people around us act towards investment and it seems you are forcing them out of their will. But trying to convince them isn't a bad idea and the ones that see it's usefulness will certainly make move to invest but instead some see it that ingesting in bitcoins has a way of draining them of their money so rather they go into another investment like real estate investment and so on. Nevertheless investment is investment you will always have the good times and bad times.

If they see good result from you in that investment, I guess they will act well to join that investment because we live in a world where everybody want to become wealthy by doing what other people are doing to turn to wealthy men and women. One thing about BTC investment, is that people around us want to see clear evidence that will make them to be convince that BTC investment is profitable before they can follow you to invest, and they will do what will make them to be profitable in the future.

Let your profits from the investment to be higher than your losses in that investment, because that is the only way to stay long in the investment to convince friends and family members to invest in BTC.

[eightdots]

How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?

It’s there choice and they have control over it, I can only go my best by educating them on the benefits of investing in bitcoin but I can’t force them to make that move its entirely depends on them it’s something which even if I found out they invested there money on something else I won’t react as long as what they choose becomes a success it’s not a thing of force.

Agree, you can't force anyone to invest, because he will invest with his own money, not your or mine money. That's why the investment decision should be left to him alone, because this money is his and the risk is his, if he has the ability to take this risk, then he will invest. otherwise if you force him to invest with false assurances, and if after that Bitcoin is dumped, and if he panics and sells his holdings at a loss, will you give him back this loss? No, that's why let him make his investment decision alone. You just tell him about the possibilities and risks of Bitcoin investment. And all subsequent decisions are his own.

The person making the investment can choose whatever they want and make their investment. It is not right to force someone to invest or to insist because investment also involves risks and there is no guarantee of profit. If we want to help someone with investment, we should show them things they can learn and leave the investment decision to the person.

What needs to be done is to explain the risks and provide general information about the market. If the person making the investment is curious, they will do their own research.

[boyptc]

What needs to be done is to explain the risks and provide general information about the market. If the person making the investment is curious, they will do their own research.

What's wrong with new investors today, they don't do research. They all want shortcuts that they will take as their paths.

The investing strategies that are done by the experienced ones might not work for them if they want it the shortcut way because paths are different.

And the way these experienced investors risk taking is totally far from the newbies.

[Zadicar]

What needs to be done is to explain the risks and provide general information about the market. If the person making the investment is curious, they will do their own research.

What's wrong with new investors today, they don't do research. They all want shortcuts that they will take as their paths.

The investing strategies that are done by the experienced ones might not work for them if they want it the shortcut way because paths are different.

And the way these experienced investors risk taking is totally far from the newbies.

Usually people do only trying out to ask and get involved with if they are seeing results specially into those people which they do know that there's such progress into their lives or when it comes to financial aspect.
When people do sees out that they can be able to have such improvement too but earlier they were really that too skeptical or even calling it a scam at the time that they arent seeing some results but on the moment that there is something that they do able to witness out, then this is where they do make out such asking questions. For us people who have known about this opportunity then we will really be that definitely be trying out to share up the opportunity on which its not bad to share up as long you are really that being that sincere and telling them about the risks and on the possible loses that they will encounter because usually people do only focus about on the positive and not on the negative aspect on which this is a bad thing.

[bubilas]

In my country, smart people keep their money in dollars, and I think that all over the world this is also the case in those countries where the national currency is weaker than the dollar.
Well, when I look around, many of my colleagues and friends do not do this, they put money on deposits in national currency because they do not receive profit and only save money from inflation. But investing in cryptocurrencies not only allows you to save money in dollars, but also to receive profit growth due to the growth of cryptocurrencies.

[Y3shot]

In my country, smart people keep their money in dollars, and I think that all over the world this is also the case in those countries where the national currency is weaker than the dollar.
Well, when I look around, many of my colleagues and friends do not do this, they put money on deposits in national currency because they do not receive profit and only save money from inflation. But investing in cryptocurrencies not only allows you to save money in dollars, but also to receive profit growth due to the growth of cryptocurrencies.

Saving money in fiat is a waste of time and lose of value and those who saves in fiat are making mistakes because the money won't be of a better value in the future.  Those who save money in fiat believes they are Saving in the best way and one of the problems with people who save in fiat it is risky for them to buy bitcoin and hodl because they don't understand it. It's good to always invest money than to keep it in fiat because fiat would surely make money less valuable.

[Negotiation]

In my country, smart people keep their money in dollars, and I think that all over the world this is also the case in those countries where the national currency is weaker than the dollar.
Well, when I look around, many of my colleagues and friends do not do this, they put money on deposits in national currency because they do not receive profit and only save money from inflation. But investing in cryptocurrencies not only allows you to save money in dollars, but also to receive profit growth due to the growth of cryptocurrencies.

Saving money in fiat is a waste of time and lose of value and those who saves in fiat are making mistakes because the money won't be of a better value in the future.  Those who save money in fiat believes they are Saving in the best way and one of the problems with people who save in fiat it is risky for them to buy bitcoin and hodl because they don't understand it. It's good to always invest money than to keep it in fiat because fiat would surely make money less valuable.

Rightly said investing is better than holding fiat although keeping money in fiat generally seems safer its value can decrease in the long run. A good investment has the opportunity to preserve or increase the value of money if you can invest in the crypto market it can provide you with more profits in the long run. Currently some people are paying attention to cryptocurrencies such as bitcoin and ethereum as an alternative to fiat currency, because it is a decentralized currency whose value increases in many cases and investors benefit.

[shinratensei_]

In my country, smart people keep their money in dollars, and I think that all over the world this is also the case in those countries where the national currency is weaker than the dollar.
Well, when I look around, many of my colleagues and friends do not do this, they put money on deposits in national currency because they do not receive profit and only save money from inflation. But investing in cryptocurrencies not only allows you to save money in dollars, but also to receive profit growth due to the growth of cryptocurrencies.

it's indeed wiser to put money in dollar or in crypto, mainly because these two are strong enough to fight against inflation, even right now I don't think deposit will suffice to fight against inflation, although governments published their inflation data but I hardly can trust it and consider the inflation to be way beyond what publicized so I settle with crypto due to good yearly growth.

the problem is, most of people don't understand this and just put their money into deposit thinking they can live off the interests while in reality, the interests exist just to compensate for inflation and if they took the interests, their capital will lose value overtime.

[Adams0001]

In my country, smart people keep their money in dollars, and I think that all over the world this is also the case in those countries where the national currency is weaker than the dollar.
Well, when I look around, many of my colleagues and friends do not do this, they put money on deposits in national currency because they do not receive profit and only save money from inflation. But investing in cryptocurrencies not only allows you to save money in dollars, but also to receive profit growth due to the growth of cryptocurrencies.

Saving money in fiat is a waste of time and lose of value and those who saves in fiat are making mistakes because the money won't be of a better value in the future.  Those who save money in fiat believes they are Saving in the best way and one of the problems with people who save in fiat it is risky for them to buy bitcoin and hodl because they don't understand it. It's good to always invest money than to keep it in fiat because fiat would surely make money less valuable.

Only the intelligent will recognize the advantages of saving in bitcoin and holding it for the long term.  In fiat currencies, you will pay for maintenance if you keep your money in banks for long term. and your funds will decrease, but in cryptocurrency, there is no tax all you have to do is invest and leave for the long term, and you will most likely double your investment if the market is strong at the time. You can never force somebody to invest in bitcoin because it is not necessary. If someone is interested, they will do it without asking you. You are absolutely right saving in fiat is a waste of time but some won't no since they don't have the knowledge about bitcoin on how he works they just focus more on fiat, and if you noticed sometimes people don't beleave on online investment since they have be scams most and they will prefer to keep in the fiat that they can used immediately when they need it. Anyone have what is better for him some prefer fiat savings is the best and some prefer to save in bitcoin for long term.

[gunhell16]

What exactly is your goal when it comes to people around us and investing, is it to have everyone investing, or to have everyone around us not just investing, but investing in bitcoins?

How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?

I don't think about that, because what do I care about the people around me? Because I have no responsibility and obligation to them to tell them to invest in bitcoin or crypto.
Because they also have their own thoughts and plans in life. Because if you share with them about bitcoin, most of the time they think negatively about you, even though you just shared
with them.

Then if they invest in others, that's their choice and that's okay, because that's what they think will give them profit. We are the same here,
buying crypto assets that we also think will give us profit in the future. Which is where we continue to learn what we learned here.

[Jewan420]

How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?

Bitcoin investment is completely a person's own decision. I have no interest in making them invest. I would definitely like to encourage them to invest in Bitcoin. If someone around me is not willing to invest in Bitcoin and they don't do it, my reaction would be completely normal. I would be most happy to see them invest their money independently. If they want to enter Bitcoin investment independently, I will find an investment partner, which will be even more enjoyable for me. My main goal is to see the success of the people around me, especially my family or my friends, in which case they can take any approach.

[wmaurik]

How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?

Bitcoin investment is completely a person's own decision. I have no interest in making them invest. I would definitely like to encourage them to invest in Bitcoin. If someone around me is not willing to invest in Bitcoin and they don't do it, my reaction would be completely normal. I would be most happy to see them invest their money independently. If they want to enter Bitcoin investment independently, I will find an investment partner, which will be even more enjoyable for me. My main goal is to see the success of the people around me, especially my family or my friends, in which case they can take any approach.

Of course, in investing, everyone has to make their own decisions because if someone decides to invest because of someone else while they do not understand the investment that will be carried out, then this will be very risky for them, they could make mistakes that result in them losing the assets they have invested, it is very important before someone decides to invest, they must first study it well before they can decide to invest.
If you have a desire for someone close to you to succeed in investing in Bitcoin, then you must really teach them about the investment properly so that they can be successful in investing in Bitcoin.

[mvdheuvel1983]

In my country, smart people keep their money in dollars, and I think that all over the world this is also the case in those countries where the national currency is weaker than the dollar.
Well, when I look around, many of my colleagues and friends do not do this, they put money on deposits in national currency because they do not receive profit and only save money from inflation. But investing in cryptocurrencies not only allows you to save money in dollars, but also to receive profit growth due to the growth of cryptocurrencies.

Saving money in fiat is a waste of time and lose of value and those who saves in fiat are making mistakes because the money won't be of a better value in the future.  Those who save money in fiat believes they are Saving in the best way and one of the problems with people who save in fiat it is risky for them to buy bitcoin and hodl because they don't understand it. It's good to always invest money than to keep it in fiat because fiat would surely make money less valuable.

Rightly said investing is better than holding fiat although keeping money in fiat generally seems safer its value can decrease in the long run. A good investment has the opportunity to preserve or increase the value of money if you can invest in the crypto market it can provide you with more profits in the long run. Currently some people are paying attention to cryptocurrencies such as bitcoin and ethereum as an alternative to fiat currency, because it is a decentralized currency whose value increases in many cases and investors benefit.

Keeping money in fiat only reduces your money because you will keep spending money even in some unnecessary items and it only makes your money to decrease without adding value or interest but when you invest your money in Bitcoin or other profitable business you stand the chance of having interest as an additional money while your capital is still intact. Investment in the cryptocurrency helps you to add more money to your money but you must understand that the interest you would make doesn't happen very fat it takes time but you are sure of your money cause you don't have charges that can reduce the money and you can make profit once the price of Bitcoin is high.

[Onyeeze]

What exactly is your goal when it comes to people around us and investing, is it to have everyone investing, or to have everyone around us not just investing, but investing in bitcoins?

How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?

I want us to know that we should not be very serious to invest because other people are investing neither bitcoin investment or any other investment you have to take their time to observe the kind of investment that you want to go into desperate that people around you is investing into one or two investment, so that shouldn't push you to invest wrongly because some persons do because of people go into investment and their invest after the investment there is praise a lot of loss so I think that is good for we to scrutinize things very well before we go into investment therefore investment is a personal decision not something that you follow someone's footstep or someone can kind of investment and invest that we make you to lose because you have not understand the kind of investment that you are into or you are going into

[Reatim]

Keeping money in fiat only reduces your money because you will keep spending money even in some unnecessary items and it only makes your money to decrease without adding value or interest but when you invest your money in Bitcoin or other profitable business you stand the chance of having interest as an additional money while your capital is still intact.

when you hold bitcoin in a digital wallet, it makes it harder for you to go and spend it

when i hold my bitcoin i try to think nothing of it like i do not even have some because i really plan on holding it for a long time regardless of current price because i believe that bitcoin will continue to rise after a few years anyway so i am more confident to have my money in bitcoin instead of fiat as you said it will fight against inflation and it will be safe as well

[Sticky Bomb]

If asked how I feel if they don't invest in bitcoin, it doesn't matter, the important thing is that we have given an overview and accompanied by the risks. If they choose something else, that's their choice, but what is clear is that investment is an activity or process of investing capital for the long term, with the aim of obtaining greater profits or results in the future.

I feel bad when someone makes mistakes despite being warned of it's detriments, I feel it matters especially when they invest hide money into pump and dump schemes and sometimes, you'll be sorry for even introducing the person into the crypto space. But when you give an investor orientation and he chooses the best which is Bitcoin and invests more of his funds into it, then probably chooses to diversify his smaller units of funds into other shitcoins and hold, then you're assured that his risk ratio is minimal since Bitcoin risks are much smaller compared to altcoins and shitcoins.

[Judith87403]

If asked how I feel if they don't invest in bitcoin, it doesn't matter, the important thing is that we have given an overview and accompanied by the risks. If they choose something else, that's their choice, but what is clear is that investment is an activity or process of investing capital for the long term, with the aim of obtaining greater profits or results in the future.

I feel bad when someone makes mistakes despite being warned of it's detriments, I feel it matters especially when they invest hide money into pump and dump schemes and sometimes, you'll be sorry for even introducing the person into the crypto space. But when you give an investor orientation and he chooses the best which is Bitcoin and invests more of his funds into it, then probably chooses to diversify his smaller units of funds into other shitcoins and hold, then you're assured that his risk ratio is minimal since Bitcoin risks are much smaller compared to altcoins and shitcoins.

Is not even advisable for one to invest in those shitcoin that does not have a good potential in the future, but I think the major reason why most people always choose to invest in those shitcoin is due to lack of patient because they can't afford to HODL their bitcoin in the Long run. which is why most  people always end up making the wrong decision, maybe after experiencing lose for sometime they start seeing crypto investment as something that is scam. meanwhile they failed to make the right choice, anyone who want to be in the safer side should only invest in bitcoin And forget about those pump and dump coins that can easily ruing our investment plans.

[bubilas]

In my country, smart people keep their money in dollars, and I think that all over the world this is also the case in those countries where the national currency is weaker than the dollar.
Well, when I look around, many of my colleagues and friends do not do this, they put money on deposits in national currency because they do not receive profit and only save money from inflation. But investing in cryptocurrencies not only allows you to save money in dollars, but also to receive profit growth due to the growth of cryptocurrencies.

Saving money in fiat is a waste of time and lose of value and those who saves in fiat are making mistakes because the money won't be of a better value in the future.  Those who save money in fiat believes they are Saving in the best way and one of the problems with people who save in fiat it is risky for them to buy bitcoin and hodl because they don't understand it. It's good to always invest money than to keep it in fiat because fiat would surely make money less valuable.

You and I understand this because we know money management and investing, but most people have the instinct that they feel safer when the money is physically in their hands, so many keep it in a closet on a shelf.
And the sad fact is that for most people, putting money in the bank to deposit is the height of economic investment, and they think they are being very smart at that point.

[libert19]

How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?

In first place, I would not try to convince anybody in matters related to money, since it would backfire if investment fails and they'll hold me responsible for their loss.

But, if they ask me for recommendation, I would respond with the knowledge I have, thereon it's upto them whether to follow it or not. Also, I would be upfront about the fact that market is unpredictable and no one can guarantee anything, no matter how experienced one may be.

Regarding how would I feel, I don't and would not really care whether they follow my advise or not.

[Ricardo11]

How will you feel if after you try convincing people around you to consider investments especially in bitcoins and they end up investing in another thing not bitcoins?

In first place, I would not try to convince anybody in matters related to money, since it would backfire if investment fails and they'll hold me responsible for their loss.

But, if they ask me for recommendation, I would respond with the knowledge I have, thereon it's upto them whether to follow it or not. Also, I would be upfront about the fact that market is unpredictable and no one can guarantee anything, no matter how experienced one may be.

Regarding how would I feel, I don't and would not really care whether they follow my advise or not.

I agree with you, investment is something where there is always risk. As an investor, you should invest based on your own research. Because the investment is yours, you have to take the entire risk of this investment.
And as a consultant, always put yourself in the right place, you only advise him, but let him take the entire investment decision. Because you also do not know whether this investment will actually be successful or not. So where the matter is uncertain, you cannot force him to invest with false assumptions.
Do not give anyone 100% assurance, explain the risk to them well, and tell him that you have to take the entire risk of this investment. Then if he is able to take the risk, then he will invest, otherwise it is better to stay away from investment.