How do you explain Bitcoin out there to people around you?

[Yablee0]

Either you admit it or not as long as you are a Bitcoin enthusiast, a member of this forum and also an investor in Bitcoin investment and a lover of Bitcoin, automatically you have become an embassador of Bitcoin to people's around you.

However, when talking Bitcoin to someone around your vicinity even though not everyone love doing that, it's very important you let them know how it is without adding any form of sweet mouth to it, let them know it's a store of value, and also how it price is very fluctuating and it's never stable, let them know the best funds to invest with which is the discretionary funds, let them know practically everything about it without adding or subtracting from it. However emphasize more on the urgly side of it which is the fluctuating aspect and that nothing is guaranteed, note: don't promise anybody anything else you risk being in unnecessary pressure when things didn't go as planned.

Finally to the house, how do you go about yours to people around you, do you just make them understand how extremely rich they can become through Bitcoin investment? or you just tell them the way it is and leave them with the option of making decisions within themselves to avoid complications, what's your thoughts on this?

[Bigjoe33]

Either you admit it or not as long as you are a Bitcoin enthusiast, a member of this forum and also an investor in Bitcoin investment and a lover of Bitcoin, automatically you have become an embassador of Bitcoin to people's around you.

However, when talking Bitcoin to someone around your vicinity even though not everyone love doing that, it's very important you let them know how it is without adding any form of sweet mouth to it, let them know it's a store of value, and also how it price is very fluctuating and it's never stable, let them know the best funds to invest with which is the discretionary funds, let them know practically everything about it without adding or subtracting from it. However emphasize more on the urgly side of it which is the fluctuating aspect and that nothing is guaranteed, note: don't promise anybody anything else you risk being in unnecessary pressure when things didn't go as planned.

Like you said, not everybody likes telling people about it, and am part of those people. I don't think campaigning and telling people to join Bitcoin investment is right because since it involves money, if anything goes wrong like decline in the price of Bitcoin, or the person forgets keys or seed phrase and couldn't access his assets, you will be in real trouble. So, for me, I think the first thing should be INTEREST in the part of the person who wants to learn.

So, if all things been equal, with the person demonstrating interest and really wants to begin his investor. Firstly, I would ask the person to go make some research about Bitcoin on his own, surfing the internet for information, so he can gather little informations first hand online. Then I can now talk little from the knowledge he has gathered.

I must hint on it's risky part due to its volatility, it's long term appreciating power, meaning it's not a get rich quick system. That patience is needed. And then, the investment strategies, stressing on the use of DCA for an easy safe investment experience. And most importantly, only investing from your discretionary income after you must have settled your basic needs, Building emergency funds and other back up funds needed.

[Pablo-wood]

It is better safe than sorry. I state the risk, benefits, intents and longevity of bitcoin investment to them. No need beating around the bush besides if they choose to invest the profits returns to them on the long run and if the object it's still their decision to make. There is absolutely no point compelling anyone because not everyone is emotionally intelligent to deal with market volatility. Some persons are best fitted into regular businesses where they see their daily profits and gets uncomfortable if their resources gets stucked in a long term project like bitcoin, so to stay safe without uncertainty I rather state it plain and leave them to make their choice.

[Churchillvv]

Firstly in Nigeria today almost everyone has a clue of bitcoin even though they don’t know it exactly but at least have the smallest knowledge of it however, when you communicate bitcoin to people around as someone who has been on Bitcointalk you seem to sound more knowledgeable which is true yet when sharing such indept information you don’t over share; things like how much could be made, how much you have made personally, how good it is but a balance of how unsafe and how safe it is at the same time creating a balance in people desire either they go ahead or they don’t in time.

But however, in today I don’t explain much about bitcoin because almost everyone around me is now a bitcoin knowledge person even though they don’t have same level of knowledge as I have but they have clear and precise information that’s what happens when you influence your environment. I’m sure it’s common to those have been here for quite a long time without explaining people around you are learning through observations, and hearing your lingua.

[Mr_Brilliant$]

It is better safe than sorry. I state the risk, benefits, intents and longevity of bitcoin investment to them. No need beating around the bush besides if they choose to invest the profits returns to them on the long run and if the object it's still their decision to make. There is absolutely no point compelling anyone because not everyone is emotionally intelligent to deal with market volatility. Some persons are best fitted into regular businesses where they see their daily profits and gets uncomfortable if their resources gets stucked in a long term project like bitcoin, so to stay safe without uncertainty I rather state it plain and leave them to make their choice.

Abi oo, those thing you dey state and tell them like that make sense… e dey very very important well well..  Because all those things go help prepare their mind before anything..
Nor be just to dey shout buy Bitcoin up and down… if their mindset never set and dey ready, small market movement go shake them finish..

Once you explain the risks, the benefits, how the thing dey move, and why patience matter… at least dem go enter with better understanding…

[Gost ms]

I will never encourage anyone to invest in Bitcoin, the reason is that I will never risk my own life by telling others to invest in Bitcoin. The Bitcoin market is an unknown market and anything can happen at any moment. Many people may sell their holdings in fear of the market crash and blame me for it. So I will never like to take such a risk.

But yes, if a person comes to me to hear about Bitcoin, then I will definitely spend a lot of time discussing everything related to Bitcoin with him and I will inform him about this forum so that he can learn on his own and understand all the risks. When he learns and understands all this, then if he invests and his investment faces a collapse, he will not be able to blame me.

[Spaceman1000$]

Either you admit it or not as long as you are a Bitcoin enthusiast, a member of this forum and also an investor in Bitcoin investment and a lover of Bitcoin, automatically you have become an embassador of Bitcoin to people's around you.

However, when talking Bitcoin to someone around your vicinity even though not everyone love doing that, it's very important you let them know how it is without adding any form of sweet mouth to it, let them know it's a store of value, and also how it price is very fluctuating and it's never stable, let them know the best funds to invest with which is the discretionary funds, let them know practically everything about it without adding or subtracting from it. However emphasize more on the urgly side of it which is the fluctuating aspect and that nothing is guaranteed, note: don't promise anybody anything else you risk being in unnecessary pressure when things didn't go as planned.

Finally to the house, how do you go about yours to people around you, do you just make them understand how extremely rich they can become through Bitcoin investment? or you just tell them the way it is and leave them with the option of making decisions within themselves to avoid complications, what's your thoughts on this?

Lately I've come to realize the privacy that is associated with Bitcoin, so in most cases I sometimes keep quiet about telling people about Bitcoin except somebody walks up to me or you are very close with me and you start up a conversation about bitcoin and you asked me what I know, else people are very private with their Bitcoin investment because they don't know the intention of the other person.  In some cases the person you think that is around your vicinity that doesn't know Jack about Bitcoin might actually be into Bitcoin way more than you think, this because some persons just want to keep their dealings private.

[Stalker22]

I just dont like the idea that investors need to act like neighborhood preachers.  Honestly, the smartest move is to mind your own business.  My finances are my own and not anyone elses concern, and I dont care to pry into theirs, either.  If someone wants to strike it rich or lose everything, thats their call.  No need for me to step in and play advisor.

Why do you feel like you need to turn everyone around you into a recruit?  If someone comes to me with questions, I will answer honestly - I have no problem with that.  But pushing someone to invest in Bitcoin?  Thats just not my thing.

[Marykeller]

To those that find interest on Bitcoin investment, na who I d explain Bitcoin to, if they ask. If  they don't ask, I keep my Bitcoin knowledge to myself cos time don pass wey peso go kukuma d tell their friends and family on how they go invest in Bitcoin to be rich in the future. These days people d find means them go fit the eat three square meals a day, investment na d last thing on their mind to think as this point the economy no balance and there's high rise of things

[Dr.Bitcoin_Strange]

I don't explain Bitcoin to anyone without mentioning the risk attached to it, they can lose their coins if they are careless with protecting their security keys and they can also lose money when they buy Bitcoin at a high price and sell at a low price, some newbies can be very enthusiastic about investing but when they are not properly guided, they can invest all their savings into Bitcoin without realizing that Bitcoin price is not stable, when they have needs for money, they might want to sell some Bitcoin as soon as possible and will sell cheaper than they bought, so I like to explain properly to anyone am teaching.

[Hyphen(-)]

Finally to the house, how do you go about yours to people around you, do you just make them understand how extremely rich they can become through Bitcoin investment? or you just tell them the way it is and leave them with the option of making decisions within themselves to avoid complications, what's your thoughts on this?

It depends on where you live and how exposed they are to the technological world because our people can act funny sometimes, and the nature of this country has diverted almost every youth towards ways to make quick money; therefore, some people will prefer you show them a way to make quick money rather than a way to invest the money they already have into Bitcoin that will give them financial freedom and to fight against inflation.

It will be very easy if you have like minds in your midst; you will confidently explain to them, and they will learn easily and will follow all you tell them and will end up becoming Bitcoin enthusiasts. If you are to teach people who don't have money about Bitcoin, they will be after making quick money, so it is hard for them to get involved easily; they are only after what will fetch them money easily, which is their normal mentality.

[AYOBA]

However, when talking Bitcoin to someone around your vicinity even though not everyone love doing that, it's very important you let them know how it is without adding any form of sweet mouth to it, let them know it's a store of value, and also how it price is very fluctuating and it's never stable, let them know the best funds to invest with which is the discretionary funds, let them know practically everything about it without adding or subtracting from it. However emphasize more on the urgly side of it which is the fluctuating aspect and that nothing is guaranteed, note: don't promise anybody anything else you risk being in unnecessary pressure when things didn't go as planned.

Normally when it comes to Bitcoin investments there’s nothing to hide for someone that your trying to introduce into bitcoin, why is because as we all know investment is all about risks we need to take the risks in order to get what want in future. New investors need to know how the Bitcoin market works, that even if they get into it will know how to handle it in anyway.

Finally to the house, how do you go about yours to people around you, do you just make them understand how extremely rich they can become through Bitcoin investment? or you just tell them the way it is and leave them with the option of making decisions within themselves to avoid complications, what's your thoughts on this?

I think telling someone what is will happen in future or become rich in Bitcoin investments is very wrong what if you telling them everything if they use so amount of money in bitcoin they can get rich quick and at the end of day it failed? How can you explain to them and make them believe you? Is not they can not get rich through bitcoin investments, but everything move in a gradually process.

[CryptoHeadlineNews]

Finally to the house, how do you go about yours to people around you, do you just make them understand how extremely rich they can become through Bitcoin investment? or you just tell them the way it is and leave them with the option of making decisions within themselves to avoid complications, what's your thoughts on this?

Telling people the truth about what Bitcoin is and allowing them to decide if to invest in it or not, is actually the best way to go about it. Because hiding the ugly side of it from people simply because you don't want to discourage them,  and only to allow them discover it few weeks or months later that it's actually not the get rich quick investment they thought it was and now see a depreciation in value will create a negative ideology about what Bitcoin truly stands for and represents as an asset. So no matter how hard it may seems like, been real and neutral about what Bitcoin truly is the perfect approach to explaining to newbies.

[Mhizlove]

Honestly the best way is about honest and the balance because you can't tell someone about bitcoin by letting them only know the downside or the upsides only, you make mention or explain that it keeps value over long term but the price is very volatile and nothing is sure. For me I will not try to convince someone that they will be rich without giving the clear picture about it potential and risk then leave decisions in their hand because you see once money brings alot of expectation it will later create pressure

[Joy- maker]

Someone of us here only focus on telling people the good side of Bitcoin, and leave the bad side of it which is very wrong. We have be truthful to people always when telling them about Bitcoin.

We all know that bitcoin is a store of value with potential returns when you buy and hold for long term, and also a big adge against inflation, but there are other side of Bitcoin that they need to know, the volatility aspect, Bitcoin transactions are reversible when broadcast, because their no central authority controlling it and many more. Tell them what they need to know about Bitcoin, don't only sweet mouth bitcoin to them.

And after telling them about Bitcoin both the good side  and bad side  it is left for them to invest or not. Don't sweet mouth bitcoin to people, because you want them to invest.

[RockBell]

There was a time I did awareness on a radio station about bitcoin and the fact that a lot of people came to understanding of how bitcoin works is not even funny at all because different  people already had a existing view of how bitcoin works and a lot of them think it's a ponzi scheme but when I did a better explanation they understood and it was now there choice to buy because they will be the one to decide of they really want to buy or not based on the information they have heard because you can not exactly force people to invest it as to be something they are choosing for them self because there is not way you won't know what you want to invest your money in so sharing about bitcoin should be on a clear ground.

[Frankolala]

I only talk to my closed ones about bitcoin and encourage them to invest. However, if I see anyone that's interested in learning and comes to me, I will teach them the basic knowledge of bitcoin and tell them the risk of investing in bitcoin. Most times, I turn deaf ears on bitcoin related discussions in public because I don't know who is the next person close to me.

[Odusko]

Bitcoin should be something personal and before I discuss Bitcoin related topics with any offline person, first I always make sure that they have to be the first to approach with their interests in Bitcoin and from there I can expose them to the risks that comes along with Bitcoin and how they should avoid the mistakes of taking Bitcoin to be a get rich quick scheme which have lead many people into loses because of inpatient when they expectations failed to come through.

[IceLincoln]

Either you admit it or not as long as you are a Bitcoin enthusiast, a member of this forum and also an investor in Bitcoin investment and a lover of Bitcoin, automatically you have become an embassador of Bitcoin to people's around you.

However, when talking Bitcoin to someone around your vicinity even though not everyone love doing that, it's very important you let them know how it is without adding any form of sweet mouth to it, let them know it's a store of value, and also how it price is very fluctuating and it's never stable, let them know the best funds to invest with which is the discretionary funds, let them know practically everything about it without adding or subtracting from it. However emphasize more on the urgly side of it which is the fluctuating aspect and that nothing is guaranteed, note: don't promise anybody anything else you risk being in unnecessary pressure when things didn't go as planned.

Finally to the house, how do you go about yours to people around you, do you just make them understand how extremely rich they can become through Bitcoin investment? or you just tell them the way it is and leave them with the option of making decisions within themselves to avoid complications, what's your thoughts on this?

Omo to tell people about bitcoin first the person gats Dey interested or open to new ways of doing things. So many people dey fear change and anything investment money that has to be online. Then e get people wey dey think say Bitcoin na for big men and na wetin nogo fit give you better profits based on say the price high now for our currency and economy… as everybody dey find wetin go give them money to survive in this economy.
I dey only talk about bitcoin to people wey show interest even if say na small cos to convince person no be here.

[goldkingcoiner]

Either you admit it or not as long as you are a Bitcoin enthusiast, a member of this forum and also an investor in Bitcoin investment and a lover of Bitcoin, automatically you have become an embassador of Bitcoin to people's around you.

However, when talking Bitcoin to someone around your vicinity even though not everyone love doing that, it's very important you let them know how it is without adding any form of sweet mouth to it, let them know it's a store of value, and also how it price is very fluctuating and it's never stable, let them know the best funds to invest with which is the discretionary funds, let them know practically everything about it without adding or subtracting from it. However emphasize more on the urgly side of it which is the fluctuating aspect and that nothing is guaranteed, note: don't promise anybody anything else you risk being in unnecessary pressure when things didn't go as planned.

Finally to the house, how do you go about yours to people around you, do you just make them understand how extremely rich they can become through Bitcoin investment? or you just tell them the way it is and leave them with the option of making decisions within themselves to avoid complications, what's your thoughts on this?

There is only one true way to get people to get interested in learning more about Bitcoin: Your own success story investing in Bitcoin. Tell them about how Bitcoin has made your life better, safer, private and far more profitable.

Personally, I tell people all the good things about Bitcoin, but their eyes glaze over because they were never interested in the first place. So I figured they need to hear something simpler and shorter. Once they hear how someone else is doing well, they might want to listen a bit more closely.