When a friend asks you about bitcoin, what's the first thing you tell them? Do you focus on the tech behind it, the investment potential, or its role in financial freedom?
Let's share our best advice and insights for introducing bitcoin to newcomers and how we can help them navigate the complexities of crypto and understand why it's worth their attention.
Well first I will ask how interested they are in knowing Bitcoin ,then their reply will determine if they are truly interested before I will tell them , by explaining in details, firstly it is like digital gold, but way cooler! No banks controls it ,it is super secure, knowing that the money u earn is actually yours, free from government , help them know that knowledge and understanding is needed though they are seriously risky. They shouldn't put in more than they can afford ,then I will give them some links to check out so they can get the full knowledge of Bitcoin and how it works.
Wouldn't start with the analogy to the gold, the person in question may envision some things in his head because of that, however, other actions are not that bad.
Especially the one that would manage the risk a bit for a newbie-friend.