Post
Topic
Board Beginners & Help
Re: Factors that's why others are hesitant to start in crypto
by
Frankolala
on 19/05/2023, 12:27:00 UTC
  • Scam - When i first told my friends about crypto they ignored me and say its a scam
  • Fear - since they thought crypto is a big scam, they fear they will just waste their time, and money investing and then wipeout after
Yes most crypto are scam and I don't blame for friends for saying this because they might have met someone who invested on altcoins and ended up losing all his money. You should be specific with the crptocurrency. When talking to people about crypto tell them bitcoin because bitcoin is the only cryptocurrency that you can trust on.

  • lack of knowledge - since they don't have knowledge and they sometimes think it will be hard to learn, they loose interest in it, but in reality with lots of information over the web and with bitcointalk its really easy to learn something about crypto
This has been a big problem on bitcoin adoption, this is the reason why Satoshi created this forum so that people with no knowledge on bitcoin can learn from experts here.
  • Mentoring - Although others don't need help from others some are don't have the courage to start on their own and need others to guide them although as i said, bitcointalk is the way to go, but someone should point them to this site for them to realize that
Many of us in this forum have introduced people here to have knowledge and guidance on their bitcoin journey and I will advice you to introduce those your friends that are scared of investing to the forum,so that they can be encouraged and guided on how to go with their investment.

  • Money - Although money is important they thought that the only way to earn in crypto is to have money to invest, but there is lots of things how to earn without money
There is no way a newbie will have bitcoin if he doesn't buy with his funds or render service and get paid with bitcoin. It is only in this forum that I know it is possible through signature campaigns. If they are not a member of this forum how will it be possible for them to have bitcoin without investing. Bitcoin investment is like every other investment that you must have a capital to start with.

  • Resources - some have laptop mobile phones, internet but others only have to rent, that is why they have less time go online and check what is going on, but if you are like this, don't stop, even though not daily but try to go online if you have time.
You don't need a laptop to start your bitcoin journey. A simple android phone can access the internet like any other expensive andriod phone. Anybody that don't have money to buy an android phone should forget about bitcoin investment. He should get an android phone first before he can think of investing because bitcoin investment needs steady monitoring and researches online. If you can't purchase a phone,how will you be able to invest in bitcoin ?.