Post
Topic
Board Bitcoin Discussion
Re: Referrals and why you should be careful with it (2).
by
Raflesia
on 04/08/2024, 21:33:24 UTC
These days, networking has been made easier with social media, where you can easily make a referral, and people on your contact list take it seriously based on the level of trust and reliability that they have for you.

If you make a referral and people who follow it are satisfied, their level of confidence and trust in you increases, and they value you more.

There is a need to be careful about the referrals you make, because some referrals are capable of ruining your image and the trust that people will have in you.

I have seen people question why bitcoin is still the first choice that is referred to new people in cryptocurrency who want to invest, and one reason for that is that bitcoin can be relied on when compared to other cryptocurrencies, especially the new ones, and you don't want to gamble with your referrals.

I know we always have to advise people to do their own research for any referral given to them, but still, you do not want to give someone a referral on some altcoin just for them to do their own research and find out that they just dodged a bullet.

Do not just refer to any cryptocurrency; refer to bitcoin when introducing a newbie to cryptocurrency.
When referring to bitcoin, which is always the first to be suggested, it is indeed feasible because after all, when talking about investment, it is the long term that will definitely be sought, it's just that in this case the mistake is in the mindset, especially beginners who sometimes think that being in bitcoin even if it's short, it will definitely benefit.

This is the source of the problem where in the end they do not see the risk but only focus on the benefits that will be obtained, not a few people are trapped and feel cheated by bitcoin just because of this, even though if we examine further it is actually not the fault of bitcoin but indeed our own fault which is too focused on the benefits that want to get but do not want to know the risks and how bitcoin works like. Whereas if we seriously want to be in the crypto space and there is someone who suggests bitcoin, we will definitely look further into what potential bitcoin has so that it is always a reference that is immediately recommended.