No doubt, Bitcoin is one of the fastest and smartest virtual currency that has been designed to support P2P and a transparent transaction between users on a decentralized network. There are many that has actually want to venture into bitcoin market investment, but no ideas on how to start.
If I have a client that wants to invest in Bitcoin or any other cryptocurrencies, but he/she does not have any actue ideas on how the Bitcoin ecosystem works. How do I convince such person? what are the smartest ideas and informations I need to share to such person inorder to align with their vision?
I need suggestion to this.
I think it would be beneficial if you give him an idea of Bitcoin instead of trying to convince him. But when you try to convince him he will start depending on you at some point if he starts investing and he will totally blame you for losing. Hence one should refrain from attempting such a work. However, since Bitcoin is a widely discussed topic worldwide, many people may not know about it, so if you give them an idea about Bitcoin, you can only teach them about Bitcoin who will be encouraged to invest. They should also be aware of the fact that there are profits from Bitcoin and there is a high risk of loss. If they are motivated to invest then they need to be given some basic ideas on how to buy and hold bitcoins and security issues.