Friends & Family adoption of bitcoin

[silvousplaitxz 0]

So, all of us had at one stage, introduced some family member or friend or work colleague to Bitcoin and at some time they decided to buy some bitcoins. Many of these people trusted us as the "expert" in the field of Bitcoin, but we do not have control over the future of Bitcoin and the final outcome of this decision. 

If they bought bitcoins as an investment, did they make a profit or did they lose money? Was a possible loss as a result of their own doing or did they ignore your advice?

[Thekingcallme 1975]

I am the only person in my neighborhood who uses Bitcoin
And the one I ask is telling me I don't know anything about it
I don't know what clothes it is lol 😁

[starwill 456]

If I tell you about the benefits of the world of cryptocurrencies leaving your choice if you decide to join or stay away I just tell you that you will not have excuses later that nobody told you or that you do not try to help them, I encourage you to seek information on your own I am of those who think that the changes to be strengthened should not be forced.

[Kumar 260]

Well the family & friends will do not easily adopt crypto, they will be adopting when they will saw you that you started making profits in it.

[AlfFusco 664]

I told a couple of friends and told them about the possible risks, one invested in btc when it was about 20.000 and withdrew when it began to fall, eventually lost not much, the other on the contrary raised a small amount, it depends on the person, on his luck, patience, Analytics and many other factors

[Zzoro6110 19]

1 hour ago, Thekingcallme said:

I am the only person in my neighborhood who uses Bitcoin
And the one I ask is telling me I don't know anything about it
I don't know what clothes it is lol 😁

It would be nice to open an institution to teach I think you will get a lot of students benefit and benefit

[Mohs3n71 0]

16 minutes ago, kakecrear said:

I introduced bitcoin in my family and some of my friends a few years ago. But they don't want to follow me because they think that is not real for them. I give some advice to them does not work, and they ignore it. In that time, I only say okay, no problem if you don't want to follow me, let me work alone for some time, and we will see the result later. Then I continue to get involved in bitcoin.

can I ask how much time passed form then ? have you reached any good result to show them yet ?

[Ghetto workout 6263]

I don’t think that investment is a scheme with absolute success, because everyone would be millionaires, just if you don’t try to go beyond consumer needs in financial matters, you will never get rich

[MyThoughts 514]

1 hour ago, jacquinbob said:

I didn't share with my friend much because cryptocurrency is illegal here. Some of my friends know though, whom I believe. With my presence, one of my friend started mining and had significant profit through holding till last year.

Yes, probably sometimes what people lack for success is a bit of patience. )
Hold the coins now, then sell them for a higher price.

[fajarriadi 179]

I give explanation about bitcoin and Cryptocurrency to my family. I am very happy for their suppport.  But they can't help me on trading, because they still don't know much about these digital currency.

[mostawda3 425]

I advised some people to invest in cryptocurrencies, but did not invest because they did not understand this field, did not understand what cryptocurrencies
But in the end it's good that they didn't invest because the cryptocurrency market fell a lot, and they would lose if they invested.

[Bills 583]

In my case the adoption of Bitcoin is little, the few times that have had fractions of bitcoin spend them, it is very difficult to have a trader or investor culture.

[I-KUN 422]

i ask some freinds to jump into crypto world. my friends are good trader in forex, so they has some experiences and i don't need to give him some advice. in the end they won't blame me if they get some loss. 

[Dammyrichie 131]

Before I make attempt of telling my friend about Bitcoin I sat him down to look how it goes in term of going high and lower, think this help him more to be on the field.

[Nicecrypto 543]

9 hours ago, Kim K said:

My wife is more addicted to crypto than i am. Sees it as a means of saving up her money away from spending it. She hardly trades but her coins are kept safely in her wallets. Said once she learns trading, she will start

Right, same with my wife though she don't have a separate wallet, she encourage my efforts 😀 and supports the idea though busy with her own business for now.

[bentayebsalah 2280]

23 hours ago, Zzoro6110 said:

It would be nice to open an institution to teach I think you will get a lot of students benefit and benefit

I think it will be adopted as a teaching material soon and it has already started in some countries and universities

[Mohs3n71 0]

2 minutes ago, canhchung4677 said:

It's not easy to recommend bitcoin to others because not everyone can have an open mind about new things they don't know. I have told some of my friends and family, but they don't want to know more about bitcoin and I do not explain bitcoin further. I let them know bitcoin alone because you know what, explaining to others would be a waste of time if they weren't interested in the new technology around them. So for now, I keep myself busy with what I like, and if they come to me and want to explain more about bitcoin, then I will explain it to them.

also inviting them to a new market where it's very risky is not really a good idea as you may make them lose lots of money and they'll blame it on you

[Thekingcallme 1975]

On 10/26/2019 at 4:42 PM, Zzoro6110 said:

It would be nice to open an institution to teach I think you will get a lot of students benefit and benefit

I am already preparing to open a school where I will study blockchain technology, trading methods and investment

[bentayebsalah 2280]

On 10/27/2019 at 11:56 PM, Thekingcallme said:

I am already preparing to open a school where I will study blockchain technology, trading methods and investment

There are private schools in my country and offer courses in trading and blockchain
You can buy from them cryptocurrencies

[wingfield 137]

Well, nobody loses on the crypto market except through a huge misfortune or if he chooses to lose. If you invest in crypto and the price drops as soon as you invest, you choose whether you lose or not. If you withdraw your investment then you will lose. If you start from the idea that investments in crypto are long term, then you will wait until the price increases and this will bring you profit. Patience means money!

[Great Commander 659]

It is better to teach them first and show an actual data on how bitcoin works so they  can analyze it and avoid disappointments such as fraud and getting scammed at last.

[Kimmy So 176]

telling this to my friends or colleagues or classmates and family can be helpful for them. especially to family so that we can increase our income and budget for our daily expenses. if i can learn enough knowledge and learning about bitcoin or anything important about crypto currency i will defined invite them to use it hahaha...

 

Edited October 29, 2019 by Kimmy So

[miskyming 1588]

We don't know exactly when will increase or decrease bitcoin, but if they can wait until the price of bitcoin is pumping surely they can make profit of it. If you are in the crypto world you must have patience.

[Kimmy So 176]

it can be better if we share this also to our friends, colleagues, and families or relatives in order for us to help spreading about bitcoin and cryptocurrency... if the time has come and crypto currency or bitcoins  takes over the mode of payment in future, we are familiar and have a knowledge in the information about it. and we have advantages since we know it...

[cnguchi 70]

I advised some friends to buy bitcoins from the middle of 2017 and they were still skeptical about it until the end of the year, when the price increased to $ 20,000, they bought it, I prevented it. after that they lost money, and I was very sad too