We should be telling our siblings truth about bitcoin investment

[Thewatchman]

Those telling their siblings this kind of thing has not entered problems before, they think it's by just talking and expecting people to jump in. They day they'll tell someone stubborn, who the person invest and start having his portfolio decreasing, that's the day they'll know that investment is a solo journey, you'll regret it when the person starts calling you, to return his money, he may even go as far as taking your property to sell them to replace his money.

These are some of the disadvantage of getting people into investing crypto, it's not always good to invite someone into it. I stopped doing this long time ago because I faced a very big challenge after then.

[Slimzeee]

I don’t believe anyone who has an iota of knowledge of what Bitcoin is all about will ever push the ideology that Bitcoin is a get-rich-quick scheme. If someone does, it can only be because they either don't understand it well enough or are misrepresenting it.

What I can say is that those who are knowledgeable about Bitcoin should spread the right awareness and not take it lightly. Many people rush into Bitcoin with unrealistic expectations of becoming rich overnight, and when that doesn't happen, they get disappointed. Because their expectations were built on misinformation, they suddenly turn against Bitcoin and begin speaking negatively about it based solely on their own experience.

This is why it is important to tell our younger ones and new investors the truth from the beginning
Bitcoin rewards patience, learning, and a long-term mindset, not the desire to get rich as quickly as possible.

[Pi-network314159]

Youngs research for bitcoin before you invest, bitcoin does not make instant rich, and if you invest to be rich immediately, you're not going to be rich, it said let me spread this information, I dont know it have being treated here before

All this mindset na just from all this people wey no get knowledge of how Bitcoin deye work, some people just get negative impression about Bitcoin, thinking say once you invest you don blow. Na so dem go dey carry wrong narrative they decieve people. Me whenever I see say people dey talk say if person invest afor Bitcoin say e go get sharp money, I dey counter am sharrperly because naso negative things dey spread quickly than positive.

[Nightwatchmare]

People who tells their siblings they can get rich overnight with Bitcoin investment do not know any thing about Bitcoin because someone who has been investing in Bitcoin for a very long time and know how many years you need to hold Bitcoin before you can have a chance of becoming rich will never mislead his/her siblings that Bitcoin is a get rich quick scheme. Some persons believe they can get rich quickly in a short period of time if they invest small money in to Bitcoin because they saw someone who was lucky enough to become rich with Bitcoin. So we that have knowledge about Bitcoin, should educate our brothers and sisters that Bitcoin investment is a long term investment that can take a minimum of 4 years before they can have a chance of becoming rich.

[MainIbem]

People who tells their siblings they can get rich overnight with Bitcoin investment do not know any thing about Bitcoin because someone who has been investing in Bitcoin for a very long time and know how many years you need to hold Bitcoin before you can have a chance of becoming rich will never mislead his/her siblings that Bitcoin is a get rich quick scheme. Some persons believe they can get rich quickly in a short period of time if they invest small money in to Bitcoin because they saw someone who was lucky enough to become rich with Bitcoin. So we that have knowledge about Bitcoin, should educate our brothers and sisters that Bitcoin investment is a long term investment that can take a minimum of 4 years before they can have a chance of becoming rich.

It's a fact, it takes someone that's ignorant to mislead a beginner expect the person is wicked a purposely wants the newbie to lose but it's rarely about that but ignorance. A real Bitcoin thinks long term and would always advise people especially their loved ones to hold longer if they want to invest with it and not the other way. So if a newbie is unfortunate to meet an ignorant person that has little knowledge about Bitcoin investment then the person would be mislead.

[Rockson1]

What I just understand here is that, the person wey tell em sibling sey em go make money fast money as em invest for Bitcoin na still novice, I think that na the obvious truth because e no get as e be sey pesin wey know say bitcon na volatile asset wey the fluctuate up and down go tell em sibling sey Bitcoin na get rich quick investment, wetin I see for this story na novice wey dey confident to the confuse another novice into believing in something that is not true about Bitcoin investment.

I no no why some people go the talk wetin them no no, see eh, I no think sey e dey bad to tell any pesin about Bitcoin whether na your bro,sist, friends or anybody wey you know, the mata be sey if you dey give the info about Bitcoin, make e be legit no add stew, just nak am for dem dey wey e be, no go hype anything because when e no come be as you talk am, dem go definitely blame you for everything and e fit  come land you for gbese wey you no dream of.

[Ashawowo(OS)]

Youngs research for bitcoin before you invest, bitcoin does not make instant rich, and if you invest to be rich immediately, you're not going to be rich, it said let me spread this information, I dont know it have being treated here before

All this mindset na just from all this people wey no get knowledge of how Bitcoin deye work, some people just get negative impression about Bitcoin, thinking say once you invest you don blow. Na so dem go dey carry wrong narrative they decieve people. Me whenever I see say people dey talk say if person invest afor Bitcoin say e go get sharp money, I dey counter am sharrperly because naso negative things dey spread quickly than positive.

If pesin talk say Bitcoin na get rich quick scheme, na sign of ignorance be dat. I no dey involve myself with such a person unless na my friends or family member, most of doz guys you dey see for street no dey gree say pesin know pass dem and some of dem na informants wey criminals don plant, make den for dey identify doz wey dey into crypto as targets for future robbery. If you value your privacy, no be every public crypto discussion you go chook mouth. De streets no safe.

[Obari]

Sometimes I dey blame people wey dey think that bitcoin is nearest and simplest way to get rich if we invest for it, we should be telling our brothers and sisters the truth about bitcoin, i overheard two young boys discussion about bitcoin, one were telling the other one that soon it will be rich as he invested $100 in bitcoin yesterday, and the other one said his elder brother told him that if he invest in bitcoin he get rich quick as possible
I think we should stop deceiving our siblings that with bitcoin investment we can escape poverty immediately, that is a misinformation to our younger ones about bitcoin, if we invest in bitcoin now, we are not going to be rich as we expected, and if it's possible to be rich immediately you invest in Bitcoin, almost everyone who have known bitcoin for long time would have be rich all

Youngs research for bitcoin before you invest, bitcoin does not make instant rich, and if you invest to be rich immediately, you're not going to be rich, it said let me spread this information, I dont know it have being treated here before

A lot of people digest informations thy hear without making proper research about it and I wouldn't have to blame them because some of them do it out of trust and some simply do it because they can blame the negative outcome on the next person if things don't go as expected.
Every investor is solely responsible for the outcome of their investment and that is why it has always been advised that, when telling people about bitcoin and cryptocurrencies in general, we should always try as much as possible
To emphasize on their volatile nature so that, anyone coming into the market would be aware of the risk associated with investing.

Less I forget, before you try to teach people about bitcoin, it is wise that you must have already gathered enough knowledge about it and before we digest any financial investment advise, we should make sure to exhaust all the research options within our reach because once the investment goes bad, it is always difficult to recover especially with regards to crypto investments.

[GiftedMAN]

I no no why some people go the talk wetin them no no, see eh, I no think sey e dey bad to tell any pesin about Bitcoin whether na your bro,sist, friends or anybody wey you know, the mata be sey if you dey give the info about Bitcoin, make e be legit no add stew, just nak am for dem dey wey e be, no go hype anything because when e no come be as you talk am, dem go definitely blame you for everything and e fit  come land you for gbese wey you no dream of.

This is very simple. Some people in the process of introducing people to Bitcoin end of saying a lot of things all in the name of convincing them and as you know some people are too lazy to make their own personal research before accepting to invest but after they have gotten a wrong information if they invest and not make quick profit as they were told they begin 5o see Bitcoin as scam.

There is nothing bad in introducing the people around you to Bitcoin but be very open to tell them that they will nut make fast profit because Bitcoin is not like ponzi scheme where they will put in money today and expect a quick return the next day.

[Johnlomape]

Youngs research for bitcoin before you invest, bitcoin does not make instant rich, and if you invest to be rich immediately, you're not going to be rich, it said let me spread this information, I dont know it have being treated here before

All this mindset na just from all this people wey no get knowledge of how Bitcoin deye work, some people just get negative impression about Bitcoin, thinking say once you invest you don blow. Na so dem go dey carry wrong narrative they decieve people. Me whenever I see say people dey talk say if person invest afor Bitcoin say e go get sharp money, I dey counter am sharrperly because naso negative things dey spread quickly than positive.

This thing wey you talk no be lie and that the same eyes many people dey use look Bitcoin say na people wey dey do scam they use am for their personal scam business. I no just know when people go learn say Bitcoin no be for scam activity.

Because yahoo people dey use Bitcoin to scam people, that one no mean say we supposed to have the same mentality for watin no be real. Person wey create Bitcoin create am so thag people no go dey depend on fiat before they carry out transactions.
The government being don dey use the bank against us wey make many of us no gree believe in local currency again since the government fit freeze your bank and limit you from sending money.

[Su-asa]

Not just our siblings alone, we should tell everyone that's interested in learning about Bitcoin the truth about it instead of giving them false hope or making them feel like they can make money from Bitcoin rapidly. One thing I always tell people is that Bitcoin isn't a ponzi scheme, the market rewards patience and the journey might not really be a linear one, meaning there would be ups and downs but all you have to do is to be consistent.

[Bitcoin.com97]

These are the common mistakes most people are making. It's absolutely wrong to start telling newcomers about how quickly they can get rich overnight in Bitcoin, because as far as I know, Bitcoin investment doesn't work that way. Sometimes we need to be upfront with them early because humans are unpredictable.

Instead of telling them about quick profits from Bitcoin, it would be better to tell them about the risks involved and how to manage their investment for the long run without panicking, because an investor needs nothing but the basic knowledge.

Very true, many people like complicated things,that is why you see so many going into Bitcoin with a very wrong mindset,why deceiving your siblings so they can invest instead of being realistic to them, Bitcoin is mainly a long term investment and not a get rich quick scheme,and if they watch for a couple of months or better still a year ,they start moving funny and say some negative things about Bitcoin investment,not knowing they got a wrong mindset and information from the onset, people should be more raw and volnerable in discussing about Bitcoin investment to people.

[Juicyhome]

Not just our siblings alone, we should tell everyone that's interested in learning about Bitcoin the truth about it instead of giving them false hope or making them feel like they can make money from Bitcoin rapidly. One thing I always tell people is that Bitcoin isn't a ponzi scheme, the market rewards patience and the journey might not really be a linear one, meaning there would be ups and downs but all you have to do is to be consistent.

No need to stress over this,  anyone who's ready to learn about bitcion should approach you first make you no carry hand go find trouble, tomorrow person go say na you bin teach dem Bitcoin. Many people no go still understand bitcion no matter how you try to teach dem.

I'm a victim and I know weytin I dey talk, e better make dem come show interest in Bitcoin than you stressing to teach them. Bitcion na for people wey get patience,  to gain you need hodl for long and wait for profit , on the process you go see challenges because of the price.