What Traditional Sales Can Teach Us About Trust in Cryptocurrency

[Otaibayomi]

Working in sales has taught me one thing: people don't just buy a product; they buy trust.

I've seen how difficult it can be to convince someone to try something new. I remember one of the experiences I had where I was a sales person for a multinational FMCG company to follow up with a customer that was disgruntled, for about 6 months I was on her without anything success but I didn't relent. I made it a point of duty to visit her twice every week, just to see her, ask how her business is doing  and repeat the process again. Overtime we became friends and she is still a customer today for over 7 years now.

 In crypto, I imagine the challenge is even greater because people are worried about scams, losing money, and not knowing who to trust.
You can make all the promises you w,ant, but once people feel deceived, winning them back is the most difficult thing to achieve.

I think crypto projects could do better by being honest about their risks instead of making everything sound like an opportunity to get rich.

For those in crypto, what makes you trust a project enough to put your money into it and when did you regret any investment?

[348Judah]

I think crypto projects could do better by being honest about their risks instead of making everything sound like an opportunity to get rich.

For those in crypto, what makes you trust a project enough to put your money into it and when did you regret any investment?

Bitcoin is the reason why I am considering cryptocurrency, therefore the moment you eliminate bitcoin then every other thing turns to become risk completely.

Therefore, there are factors we should consider about bitcoin and why we must always adhere to invested in it before considering for any other altcoins, everything about bitcoin comes with the uniqueness of privacy and security and at the same time being able to make more profit if considered for an investment, so tell me who we know or say about all this still withhold not to adopt Bitcoin.

[aoluain]

I think crypto projects could do better by being honest about their risks instead of making everything sound like an opportunity to get rich.

Lets call them what they are - $hitcoins are created precicely in order for the creators to get rich
and it goes the opposite to Satoshi's approach with Bitcoin.

Satoshi created Bitcoin for the people, it wasnt a get rich quick scheme, the proof is right there
in all the Bitcoin which remains untouched.

For those in crypto, what makes you trust a project enough to put your money into it and when did you regret any investment?

No trust in crypto $hitcoins, not while there is a person or group with a vested financial
interest is getting rich, for me it would have to be fully decentralised and open source at least,

i e Monero > https://moneroswapper.io/blog/monero-network-upgrades-governance

Monero stands apart in the cryptocurrency landscape for a reason that goes beyond its privacy technology: it is one of the most genuinely decentralized projects in existence. There is no Monero Foundation controlling development funds. There is no charismatic CEO steering the project's direction. There was no pre-mine or initial coin offering that concentrated wealth among early insiders. Instead, Monero operates through a loose coalition of volunteers, researchers, and developers who coordinate through open channels and rough consensus.

[BlackBoss_]

Working in sales has taught me one thing: people don't just buy a product; they buy trust.

They don't buy trust, they buy products or assets but to make purchasing decisions, they must trust that company, product or asset.

I think crypto projects could do better by being honest about their risks instead of making everything sound like an opportunity to get rich.

Get rich quick is for shitcoins and people mostly lose money with shitcoins.
Don't buy altcoins because they are top altcoins.

For those in crypto, what makes you trust a project enough to put your money into it and when did you regret any investment?

Fundamentals and technical things of a project, a blockchain, and Bitcoin has these things excellently, you don't have to feel fearful about it.
History of a project, operational history of a blockchain, and Bitcoin has proven its strong operation and survival over many years since 2009.

With Bitcoin, there is no longer get rich quick opportunity because Bitcoin has already gone too far in market cap but it will still be a very safe investment asset.
Case Bitcoin (useful).

[tread93]

Working in sales has taught me one thing: people don't just buy a product; they buy trust.

I've seen how difficult it can be to convince someone to try something new. I remember one of the experiences I had where I was a sales person for a multinational FMCG company to follow up with a customer that was disgruntled, for about 6 months I was on her without anything success but I didn't relent. I made it a point of duty to visit her twice every week, just to see her, ask how her business is doing  and repeat the process again. Overtime we became friends and she is still a customer today for over 7 years now.

 In crypto, I imagine the challenge is even greater because people are worried about scams, losing money, and not knowing who to trust.
You can make all the promises you w,ant, but once people feel deceived, winning them back is the most difficult thing to achieve.

I think crypto projects could do better by being honest about their risks instead of making everything sound like an opportunity to get rich.

For those in crypto, what makes you trust a project enough to put your money into it and when did you regret any investment?

Yes Trust is a HUGE factor in sales and with being comfortable with crypto, your holdings, and feeling like it’s a good investment for your money. This story is one of the best ways to show that trust is generally familiar. The more you see something or someone the more get used to them being there and trust can be a byproduct of this sometimes. In many investments many friends tend to just trust their friends on what projects to invest in and for many that is enough

[stadus]

Educate them about bitcoin and it's easy for you to sell it to them the idea of investing.

There's a lot of factors that make bitcoin unique from others, that alone already makes it attractive to investors.
Some of them are

1- transparency - with blockchain, everything is transparent.
2- decentralized - it's purely decentralized, we don't need banks for banking...
3- self custody - this is one of the biggest features of bitcoin as it's different from banks,, with it, the fear of having your account frozen is no longer a problem as long as you control your own keys.