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silvousplaitxz

Friends & Family adoption of bitcoin

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4 hours ago, apealing said:

This will also boost crypto currency around youths. This is a good method  and it will be effective in the society. I wish you success in your quest.

thank you my friend
I would like to spread this science among young people already and my friends
And I thought how to do it and found that solution by creating a small school


 

Life is great and enjoy it

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On 10/26/2019 at 11:15 AM, silvousplaitxz said:

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?

Depending on the person, if he buys bitcoin and only wants to invest it for the future, I think it's okay. The profit and loss when he buys bitcoin is common, and we must explain to him. Because bitcoin prices sometimes go up and down that's the risk he has to face when he tries to invest his money in the form of bitcoin.

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if i have a lot of knowledge and information about the bitcoin or cryptocurrency, i will definitely invite my friends to do this because initially it is easy to grasp the instructions in here... and i also think that this will interest them once i cash out my payment... (i really can’t wait for that to happen) this can be really helpful for them if they want an extra income without putting a lot of too much effort...

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I didnt have any family member invest incrypto, however a friend asked me if he should buy XRP at 3$ in december and i told him hell no,i was telling him about some new ICO's but he didnt care. The sad part is that he is IT Programmer and doesnt understand cypto,thinks its a scam.

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17 minutes ago, starmosto said:

Thе family & friеnds will dо nоt readily adоpt crypto, thеy'll bе embracing whеn thеy will saw yоu that you startеd mаking prоfits in it.

but the problem is that the majority of people are just losing money in crypto trading and are not gaining profits I think

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i always receive my collage and pocket money fees from my dad through the coinbase. its really easy and cheap.

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On 10/25/2019 at 11:15 PM, silvousplaitxz said:

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?

Many have ignored my service of wanting to buy Bitcoin, speaking in the familiar aspect.
Now, many people I know have bought bitcoin on the recommendation of others and let's say that most of them have done well, before I had already talked with several members of the forum about this, and of course the majority of family members do not take this issue seriously Therefore, in my case, I do not talk much about it with them, I prefer to do it with third parties or simple friends, each person is subject to constant losses and gains with Bitcoin so there is not much difference about that, it is a volatile market , you win and lose at the same time.

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The reason are skepticism for your advice. It is now uo to them whether they listen to you or just ignore the risks of beings cammed or your money being stolen. It is agood idea for a family to adopt bitcoin but needs a lot of understanding before doing it. 

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On 10/26/2019 at 10:15 AM, silvousplaitxz said:

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?

They will make a profit if they know how to treat bitcoin, and they want to learn more about the bitcoin investment. Besides that, if they choose to invest in bitcoin, they need to have control for themselves because bitcoin prices will always fluctuate, and we must tell them before they invest, so they know the risk of bitcoin. If they can stay calm when the bitcoin price is down, there is nothing to worry about the bitcoin price because bitcoin prices will always increase again after the price is down. We need to explain with details so they cannot blame us if something bad happens in the future, and they will realize that making an investment in bitcoin will have the risk, and they need to accept the risk.

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On 10/26/2019 at 11:15 AM, silvousplaitxz said:

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?

I think we need to guide them if they investing bitcoin, we can say to them that many things or platform that they can use their bitcoin.

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i will absolutely introduce bitcoin to my friends or classmates and my family. i told my brother about this. he said that if ever i cashed out, he will definitely join here. it will be beneficial for us so that we can lessen the expenses in our family budget.

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I introduce my brother to cryptocurrency. At first he can't believe that without any kind of skill people can earn money from online. Then I told him how can we earn money easily from cryptocurrency by trading and more. I think family is very important. My family support me very much.        

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Because it is a financial investment, I always avoid giving investment advice. I believe that everyone has to manage their own money and in addition I do not want to be responsible for the losses of others.

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I introduced crypto to my friends and they are confused about it but i always saying to them try to search about it and now they are enjoying forums about crypto.

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On 10/26/2019 at 9:15 AM, silvousplaitxz said:

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?

so many people try to save there money and they want better way to save there money and try to make profit that why they invest on bitcoin and some time they lose cause they don't know about crypto world so much.. crypto price when up or down no body knows that's why if they get some coin and tread them then they earn so much i think...

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i told my friends about cryptocurrency but as expected they’re hesitant to join. i also told my brother about this and he said that he would join if i received my first payment just making sure it’s legitimate. and now he’s determined to join also! 

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I think it was good If all of my friends and my family know this industry because it is so beneficial for us. But on the other hand, I have actually friends who know about this industry bust most of my.friends are still not know about this. Also, my family don't know this especially my parents  because I think it is because the practices they've been doing for the past years that they are not actually interact with the technology.

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I once advised my friend to buy mining equipment and he trusted me and we already bought the equipment and started mining and we got some profits in the beginning but after some time as a result of falling prices and more difficult mining we started to lose. I felt sorry and I thought I was the reason though it had nothing to do with me and it was not my hand.

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my almost all friends are using crypto currency. and i always encourage my family members to use it. we should create an ad for crypto for positive awarness. many peoples have very nagative thinking about it.

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On 10/26/2019 at 11:15 AM, silvousplaitxz said:

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?

What they hear from you and seen what you've been doing  motivates them but I guess let's not give fsalse hope on our friends and family.They must know that Bitcoin and other cryptocurrencies have it's risk involved and they must be aware of that so that when time came that they invested and got some mistakes and lost their money you are not the one to be blame.

Edited by Rosepetals

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The simpliest way to explain bitcoin or crypto for me is to, i will tell them you can earn money from it if you have the knowlegde or if you have enough experience. then if that happen they will curious and search for their own. and if they wanna learn more i will recommend this forum to them.

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yeppp. i explained some basic knowledge about bitcoin to my mom and brother, but they didn’t understand me. i am too lazy to further explain and just give them some of my earnings and just tell them it isn’t illegal.

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Certainly, the family & contacts carry out not likely quite simply take crypto, they are going adopting as long as they should be experienced you will you ought to initiated making money to be had.

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My family members are not excited about bitcoin or any other cryptocurrency, I'm alone in this field, I successfully invited some people from social media but nothing from my house 

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My sister also uses cryptocurrency because my sister works always using the internet so it's impossible my sister doesn't know crypto, but for my friends they don't use it and I won't introduce it because they all often mock me because I often work and use cryptocurrency.

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