Recently I had to explain to a friend what I was focusing in on financially speaking and I brought up crypto, specifically bitcoin. He was confused at first because he heard that it was unstable and risky. I knew that he already has a bad image of bitcoin so there was an urge to defend bitcoin but in the end I did not.
Because it was true. Crypto is volatile and even though Bitcoin has proved itself to continue to rise even after each dip, its price is still unstable. I realized that this does not necessarily have to be a bad thing especially if you are knowledgeable enough to minimize these risks. It was easy to get defensive but, in the end, I just explained to that friend that that is why it requires much attention and studying.
Do not lie to people about what crypto is just so they would not think of it as something not worthwhile. Rather explain eagerly. I did this so that my friend would not worry about my financial state and if he ends up becoming interested in bitcoin then I would be glad to continue teaching him.
The discussion you had with your friend on Bitcoin and crypto is balanced, actually down-to-earth. You mention the volatility and risks around Bitcoin yet point out education and proper judgment; that indeed is a sign of information. It is good to be honest about the state of cryptocurrencies since indeed those are well-known for being volatile. You help paint a correct picture of investment by explaining risks and the need for rational decisions without being openly promotional about Bitcoin. This approach not only will help you meet your friend's expectations but also manifest that you are serious and situation-conscious. If interested, it opens up your willingness to read further and leads into an informed, thoughtful crypto conversation.