Post
Topic
Board Bitcoin Discussion
Re: How do you convince people into you using Bitcoin?
by
deisik
on 23/05/2017, 09:27:38 UTC
I showed them my bitcoin balance in my wallet and how I am earning it and also showed them how easily they can convert bitcoins to real money and after watching it most of the people around me have shown interest in bitcoins and now have started to research on it.

Todays btc value impresses everyone so even they scared or worry to take risk they still joined since a lot were proving how btc helps and really work truthfully.

Yes the price of bitcoin is the key factor in attracting people towards it as when they came to know that price of one btc is equal to usd 2000 that made them start to think about bitcoins and looking at the price volatility they are also aware that they can make good profits from it if they start investing in it now.

Yes, but Bitcoin, just like any other coin, has two sides

And quite a few facets (or faucets, for that matter) at that. The other side of Bitcoin volatility is that the price can drop as quickly (if not quicker) as it grew. So those interested in short-term profits may actually end up with losses instead of profits. And while you can certainly attract people with the possibility of fast and rich profits but it is unlikely that they will agree to the possibility of as fast losses. Unless you somehow forget to tell them, of course