Ever regret introducing people to Bitcoin

[osasshem]

I never told people about Bitcoin at the early stages in Bitcoin history, because people around me believes in what you have to offer, and if there's no physical results, one becomes a blabber. At the time, I was in school and school mates are big boys who goes around with high shoulders, amongst them, I was very young, being seen as one who has nothing to offer, so, I never let it bother me because of the let down. A few (room mates) who wanted to show interest backed off because there was numerous Ponzi schemes during that period. Therefore , if any of them later joined, it will be mainly because President Trump became a big supporter, making them convinced.

[laspol65]

A few (room mates) who wanted to show interest backed off because there was numerous Ponzi schemes during that period. Therefore , if any of them later joined, it will be mainly because President Trump became a big supporter, making them convinced.

If President Donald Trump supports Bitcoin, this will be the biggest support. Because the large American treasury companies will be able to make more Bitcoin. And there will be a huge demand for Bitcoin, if so, there is a good chance that the price of Bitcoin will reach a level of improvement again.

[Asuspawer09]

Probably this was one of the reason why I dont encourage anyone to go invest or start in cryptocurrency investment because you are going to be the one that is going to get blame if this kind of things happened, I always say that the market is already a risky thing to penetrate, but having some kind of security issues is going to be a different thing, it is the problem of the users that securing the wallet right. I would personally discourage a lot of friends who ask me unless they are willing to be the one who is investing. My advice was always dont let anyone invest using your money. The best to do is invest, personally manage it personally, learn about it personally, do your research,a nd invest on your own.

Also its better to build your financial foundation first before even starting to invest into cryptocurrency which is a very risky investment, its the best way to have a solid foundation with that your not going to easy sell your investment even if you are not expecting anything as a profit easily. Some of the people that I introduce to investing mostly sell there investment after just a few months without knowing its potential, for me they need to have solid foundation first so that they will not affect your personal money.

[summonerrk]

I am sure that now, with such a big drop in the price of Bitcoin, many people regretted that they invested at a price of 120,000 and they hoped for growth to 150 or two hundred thousand, but in the end, they are now in a big price drawdown and it is unknown how much more Bitcoin will fall because it could very well fall to 50,000 if it breaks through the current resistance level and, of course, many of these people were brought into these investments by cryptans and now these cryptans will be accused.

[Mame89]

Probably this was one of the reason why I dont encourage anyone to go invest or start in cryptocurrency investment because you are going to be the one that is going to get blame if this kind of things happened, I always say that the market is already a risky thing to penetrate, but having some kind of security issues is going to be a different thing, it is the problem of the users that securing the wallet right. I would personnaly discourage a lot of friends that ask me unless they are willing to be the one that is investing, My advice was always dont let anyone invest using your money, the best to do is invest personally manage kt personally, learn about it personally, do your research and invest on your own.

I'm like you. I rarely introduce Bitcoin to friends on my own initiative because I don't want to be blamed, unless they have their own desire to invest, then I accommodate them and even educate them.

Even then when I talk about Bitcoin the first thing I say is the high risk. Because for me giving the initial risk is better than giving the potential profits when investing in Bitcoin. That way, if something happens that results in a loss, we won't be blamed because all decisions are made on their own. Informing them about the risks of Bitcoin from its highly volatile price to wallet security is an important part before we explain the advantages of Bitcoin itself.

[RockBell]

I never told people about Bitcoin at the early stages in Bitcoin history, because people around me believes in what you have to offer, and if there's no physical results, one becomes a blabber. At the time, I was in school and school mates are big boys who goes around with high shoulders, amongst them, I was very young, being seen as one who has nothing to offer, so, I never let it bother me because of the let down. A few (room mates) who wanted to show interest backed off because there was numerous Ponzi schemes during that period. Therefore , if any of them later joined, it will be mainly because President Trump became a big supporter, making them convinced.

A lot of people don't longer believe in bitcoin at of them but those that uses the internet, should not deny that they don't know about the progress of the asset becomes one way or the other they would have heard about it, but since they are not really ready to take the risk they are always avoiding investing and when they start seen people making profit that is when that start showing interest and even with that they will still not invest when you see serious people that want to invest you will know.

They will do everything possible to get information about how and how much they need to buy and they will be so serious about investing, at least they have already gotten some information when it comes to Bitcoin, what ever happens should not be a problem, since they are familiar with it through the knowledge they have acquired, and that is why knowledge acquisition is very important in this business. Without knowledge you will not go anywhere, because there circumstances you won't know what do do until you read, and with knowledge they will see that bitcoin investment is not a ponzi scheme, for others that think it's a Ponzi scheme.

[Adams0001]

I wouldn't imagine anyone would be in bad terms because someone introduce them to bitcoin. How can introducing something good to someone can affect them in a bad way? In my case I never regretted to introduce someone to bitcoin. It's been a long time but even when bitcoin price dropped and they lost money, they knew that in the end they will definitely be in profit and everyone was just grateful to know about this amazing thing. I saw interesting things in this thread that how people can have a bad experience. But of course everyone who was introduced bitcoin early is lucky nevertheless.

Introducing someone to bitcoin is a good idea because he will definitely benefit them f they are interested and focus on it. If you introduce someone to invest in bitcoin and affect them is when they sold there coin in a wrong term because some are scared losing so when they see the coin is decreasing they will be scared and quickly sell there coin so that they won't lose everything I they don't know that bitcoin is different and he can't make you lose all your funds because the more in decrease that is how he will increase for some times that is the main reason why you should always try to invest for the long term so they you won't regret in your investment.

[Sammye3]

Everyone must not like Bitcoin and it's system. As you have done your part to educate them about the benefits of acquiring the required knowledge for Bitcoin investment, it's left for them to take initiative and make final decision.

Most people would only judge your mistakes and overlook the efforts, it's always the mindset. These kind of people would never help you but would condemn everything you say and find faults that would bring you down.

Bitcoin investment is for everyone, but not by compulsion. If people see the essence of investing in Bitcoin, there would be no need to force them into investing.

[Orpichukwu]

A few (room mates) who wanted to show interest backed off because there was numerous Ponzi schemes during that period. Therefore , if any of them later joined, it will be mainly because President Trump became a big supporter, making them convinced.

Was President Trump actually a real supporter of Bitcoin and cryptocurrency, or did he just use it for his own interest? Aside from how fast and nice he was promoting a soft and friendly policy for Bitcoin during his campaign, what exactly has he done recently to show his support for Bitcoin that we are publicly aware of?

[CryptoYar]

[...]

That is true description of usual circle of crypto market where majority of population does not want to invest at first due to risk, and only when they see others making money, they become interested. Serious investor is opposite as he/she takes control by actively looking for knowledge which is greatest protection in this business. This information will help them to deal with large price drops without panic, stay on their long term strategy, and know that Bitcoins is real technology not a scam or ponzi scheme that runs on public, spread out network.

[Agbe]

[...]

That is true description of usual circle of crypto market where majority of population does not want to invest at first due to risk, and only when they see others making money, they become interested. Serious investor is opposite as he/she takes control by actively looking for knowledge which is greatest protection in this business. This information will help them to deal with large price drops without panic, stay on their long term strategy, and know that Bitcoins is real technology not a scam or ponzi scheme that runs on public, spread out network.

That's true there are people who are known to be good in procrastinating about Bitcoin always. Anytime the price of Bitcoin soars up they are the first to make noise about investing. But these sets of people has not taken the bold steps to put their money into Bitcoin. Action is what is needed when it comes to investments not talking because anyone who is good only in talking but lacking the willpower to invest in just afraid and is not ready to make any changes in their finances.

[Justbillywitt]

Do you mean to tell me that if Kamala had won the election that bitcoin would have gone away? Like how did you come about this or you are just guessing the whole thing. Bitcoin continue existence wasn't dependent on who won the election the US election. As for your friend/ family that lost their bitcoin, I think you didn't guild them well before allowing them to do bitcoin transactions on their own. If you had taken your time to put them through, they wouldn't have lost their bitcoin. Who opened their bitcoin wallet for them that person might have ideas how those bitcoins got stolen.

[hero_the_bossman]

A few (room mates) who wanted to show interest backed off because there was numerous Ponzi schemes during that period. Therefore , if any of them later joined, it will be mainly because President Trump became a big supporter, making them convinced.

Was President Trump actually a real supporter of Bitcoin and cryptocurrency, or did he just use it for his own interest? Aside from how fast and nice he was promoting a soft and friendly policy for Bitcoin during his campaign, what exactly has he done recently to show his support for Bitcoin that we are publicly aware of?

He did both and wanted the latter more.

It's a story old as gold and it repeats itself in the political field time and time again.

[TheUltraElite]

I prefer to keep my bitcoin adventures to myself. Humans have the habit of blaming others when it comes to losing money and therefore I dont like showing risky assets to even close friends. Then there is the added risk of being attacked if people get to know your holdings.

If bitcoin turned bearish, the same people will come back at you why they lost their money - the thing is that people love to see their money increase but they will never use their own brains in an attempt to make it rather depend on other people to help them make that money.

Either way, I think it is much more safer and less headache if you keep your bitcoin holdings to yourself.

[batang_bitcoin]

Was President Trump actually a real supporter of Bitcoin and cryptocurrency, or did he just use it for his own interest? Aside from how fast and nice he was promoting a soft and friendly policy for Bitcoin during his campaign, what exactly has he done recently to show his support for Bitcoin that we are publicly aware of?

He can be both, he made his own token and pumped it hard and then dumped it for that billion of profit in a day. So, he has also used the people who are into crypto for the promises he's made just like the other voters that have hoped for what he has campaigned for. I think as long as there are reforms and laws that are in favor of crypto, then it means that he's not forgetting his promise during the campaign to the community.

[Mahiyammahi]

Three of them got their wallet compromised, one lost his bitcoin to a wrong address, I guess clipboard hijacking, these aren't just people, they are friends and family member, but there is one who did all the necessary things and still a holder till date, I wish I can turn back the hands of time and never sit anyone down to teach them anything.

I look like super hero because Trump is supporting Bitcoin, if kamala won the election and the news was Bitcoin had to go, they would have come for me because it looks like they are waiting for such day to come.     

What about you? Any regrets?

This is insane , they are blamming you cause their Wallet compromised. It's childish. No one will teach you how to keep your fund safe. It's your duty to keep it safe. Some of my friends complain about me that, why didn't I intruduced about bitcoin much early to them. How could I tell them that If I had known a bit earlier it would have been an golden opportunity for me also😁.

I have no regrets but some complaints. Ig you get some toxic friends.

[Orpichukwu]

Was President Trump actually a real supporter of Bitcoin and cryptocurrency, or did he just use it for his own interest? Aside from how fast and nice he was promoting a soft and friendly policy for Bitcoin during his campaign, what exactly has he done recently to show his support for Bitcoin that we are publicly aware of?

He can be both, he made his own token and pumped it hard and then dumped it for that billion of profit in a day. So, he has also used the people who are into crypto for the promises he's made just like the other voters that have hoped for what he has campaigned for. I think as long as there are reforms and laws that are in favor of crypto, then it means that he's not forgetting his promise during the campaign to the community.

I see Trump as someone who is very good at taking advantage of opportunities. He used the crypto-friendly environment to gain trust from people in the market, and then he later introduced his own token and that of his wife together with his family, which the token attached to his name did one of the fastest pumps I have ever witnessed this year due to the trend he has in his name, and if it dumps just like the shitcoin that it is, he's more like someone who is just ready to milk cryptocurrency than actually give it anything.

[Pi-network314159]

Bitcoin is now more popular compare to 2017, many who called bitcoin a scam have no more reason to keep saying so even when they failed to do their own research, they don't have a reason to call it a scam anymore, even President Trump is now all over it.

Yes that's true Bitcoin has become more popular than it used to be , and it's as a result of it growth over the years. Bitcoin was seen as a worst nightmare to many who never see the future coming, infact it was criticize and condemned by Bitcoin critics believing it was a threat to the the world monetary of financial system, since it was a digital money that runs on Blockchain i.e codes. They believe it may even fall down to zero but unknowing to them that Bitcoin will gain this massive adoption, but as time may have it, Bitcoin has boom so high after many bear and bull seasons. Now it has become a center of attraction for many countries, even the Us has interest in it, El Salvador, and Michael sailor and many more are marking it a reserved asset.

Which makes me believe that gone are those days where you are actually helping to create awareness by hosting some gathering or visiting a local school nearby to teach about Bitcoin and the blockchain.

We don't need to do that again, even without going to schools and conducting gathering for Bitcoin educational training, people can learn them perfectly well through YouTube videos and with the use of Google search engine and including AI. Life is made easier through the help of social Media.

I did this few times in the past but I had more bad experience than good, I ended up creating more enemies for myself than I hoped for, my job was quit easy but my fellow country men and women have their own ways of digesting words and lessons.

Yeah, you will definitely find people like that everywhere, I mean people you try to help toa learn but they failed to do that but instead they turned against you. But however in every 12 there must be a Juda as the slogan says. I believe that in all some will learn while some that don't understand will look like you've created problem for yourself.

I look like super hero because Trump is supporting Bitcoin, if kamala won the election and the news was Bitcoin had to go, they would have come for me because it looks like they are waiting for such day to come.     

What about you? Any regrets?

Actually that is human nature when you tell them the truth they first want to see how true this is going to be, as in they will need to be more convinced beyond every reasonable doubt that what you said is true. But this is where procrastination comes in, because they will Rather be procrastinating than  investment and they will surely regret after time has passed and most times they will still caution the blames on you.

[minairia3]

Was President Trump actually a real supporter of Bitcoin and cryptocurrency, or did he just use it for his own interest? Aside from how fast and nice he was promoting a soft and friendly policy for Bitcoin during his campaign, what exactly has he done recently to show his support for Bitcoin that we are publicly aware of?

He can be both, he made his own token and pumped it hard and then dumped it for that billion of profit in a day. So, he has also used the people who are into crypto for the promises he's made just like the other voters that have hoped for what he has campaigned for. I think as long as there are reforms and laws that are in favor of crypto, then it means that he's not forgetting his promise during the campaign to the community.

Trump's support for industry is all about building trust with people and then creating tokens to dump on them to make billions of dollars. So, in my opinion, he is merely taking advantage of this for his own benefit and issuing soft policies for the industry is just part of that plan. He is not really friendly with the crypto industry. He is only considered friendly if he does not profit from it, but instead he has even milked the industry dry with a series of scam projects like TRUMP, WLFI, MELANIA.

He is not as industry friendly as he appears, IMO.

[hmbdofficial]

No, I never regret getting started with the bitcoin nor introducing someone to it. Bitcoin in the recent age has made more impact to life’s than it has destroyed.

Bitcoin give you the platform to be in charge of your own asset. With your knowledge and network you can make millions seating from your home so that alone is a win for me.

I’ll keep saying this I’ve never regret starting bitcoin but rather regretting why never started as earlier as 2010.