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

[Mia Chloe]

~snip

Nobody is obligated to tell another person about bitcoin or any crypto. Bitcoin in particular is already too popular for you  to claim an ambassador because it's so unnecessary 9 out of 10 times you'll eventually either put yourself in a tight spot or make yourself a target by crypto thieves.

If there's anything logical to share in my opinion it's actually things concerning privacy and decentralization and the fact is you can do this without even making mention of bitcoin. There are so many said"tech bros" out there that can't even keep their data private.

[EL MOHA]

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.

This is actually a good way to lure people into bitcoin but I will say that this method actually ends with intending investors having the wrong narrative about bitcoin which is that it’s a place that they could make money or flip their asset in some period of time even though you decide to tell them the risk involve in the later stages they wouldn’t still look towards it and will simply be thinking maybe you’re just testing their patience and one thing about this set of investors coming through this narrative is that they invest more than they can afford to lose which is why we have some losers on bitcoin

[Bitcoin.com97]

I can’t tell anybody about Bitcoin without mentioning the risk involved, but the person in question must be interested , having interest to learn about Bitcoin investment  is very important, then I will tell him or her how to avoid some common mistakes, and also the importance of patience and consistency, just the basic for the person to be aware of what his about to start , it’s best they know the advantages and disadvantage, the risk and how to go about it, these are the most important things to know first .

[Yablee0]

you'll eventually either put yourself in a tight spot or make yourself a target by crypto thieves.

I swear, is like giving a long explanation when nobody asked you. However, it's more better off channelling same energy to something reproductive instead of giving people the impression that you are into Bitcoin stuff and you got some papers (money) on you .

This day's people are unpredictable, don't be surprised that same person you are trying to bring in the system so that he can be useful to his self will be the same person that will plot your misfortune with some bad guys. Furthermore, don't be too nice enough to forget the fact that Bitcoin investment is more about privacy, always protect your identity and worth else you learn the hard way.

[Zackz5000]

Telling people the sincere truth about Bitcoin investment will save them alot of stress what you said Op is what people should tell who is ready or who wants to invest in Bitcoin, the road is not as smooth as they may think Bitcoin is a store of value and it's also volatile investing for a long time will be the best but they should also be aware that they can loss or also gain while investing in Bitcoin as nothing is guaranteed so due to it volatility investment should be made with your discretionary income which is money they can afford to loss without it affecting them.

[Obulis]

It is very important not to overemphasize Bitcoin to a beginner. It's very important to avoid sweet mouth. Some people  on hearing about Bitcoin would be carried away by any thing that sounds like them overcoming their financial responsibilities over overnight (that is by implications being easily carried away by trading aka gambling probably). So being honest to yourself is very important while telling anyone about Bitcoin.

[Mate2237]

Telling people the sincere truth about Bitcoin investment will save them alot of stress what you said Op is what people should tell who is ready or who wants to invest in Bitcoin, the road is not as smooth as they may think Bitcoin is a store of value and it's also volatile investing for a long time will be the best but they should also be aware that they can loss or also gain while investing in Bitcoin as nothing is guaranteed so due to it volatility investment should be made with your discretionary income which is money they can afford to loss without it affecting them.

When it comes to Bitcoin it's always good that you don't try to hype it and tell all sorts of stories just to lure people in. In a bid to bring such people in to invest in Bitcoin allot of people today is seeing Bitcoin as something else this is because the stories that they heard before entering Bitcoin were sugar coated and full of making quick cash. Telling people what Bitcoin is and what it really stand for is the best because it will save people of the misinformation which many is working with concerning Bitcoin.


There is a lot of hype that goes with Bitcoin this is the reason why many people see bitcoin as a get rich quick scheme were you have to go in and the next day you are rich overnight. Telling people that Bitcoin investment is a long term thing that it will only pay on the long run is the best.

[Agbamoni]

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

Well said. New folks in Bitcoin think that because they know about Bitcoin now, their financial life has changed for good instantly. The mentality beginner investors have is the mentality of becoming wealthy through Bitcoin if they invest what they can afford into it. While times have changed, you can no longer see those massive spikes and bullish trends that Bitcoin used to exhibit frequently. How much you have invested in Bitcoin matters a lot when you are expecting ROI. So, the real truth is what should be told when explaining Bitcoin to newbies to avoid too much and immediate expectation.