Quote from: cafter on October 22, 2023, 02:15:17 PM

Hello everyone,
I had like to ask you a question that How often Do you talk about Bitcoin and cryptocurrencies with your friends and relatives?
It is something I have been thinking lately. When I think of sharing my excitement about crypto with people I care about. I often wonder about two things:

1. Is Bitcoin Risky?: One major concern that holds me back is the perceived risk of Bitcoin. What if people invest and end up losing their hard-earned money?
How do you approach this aspect when talking about crypto?

2. Beating Inflation and Earning Profits: On the other hand, I also see the potential for people to beat inflation and make decent profits from cryptocurrencies.
So, should we consider discussing the financial benefits as well?

Have you had similar hesitations or successful conversations about crypto's potential risks and rewards with your friends and Relatives? Share your thoughts!

Yes, bitcoin is risky but so is every other asset. It's just the amount of risk is higher when investing in bitcoin because it is not regulated by any single government.
But at the same time, the higher the risk, the higher the reward.
So we should make things clear when we suggest anyone to invest in bitcoin.
One should know all the pros and cons before he invests in any asset.