Post
Topic
Board Nigeria (Naija)
Re: How to explain bitcoin investment to someone.
by
Joy- maker
on 12/02/2025, 21:36:48 UTC
I came to understand that many people don't really know how to explain bitcoin investment to someone else, they only tell them that bitcoin is a cryptocurrency,an investment that can give them higher return when they invest in it.
To me that is not what you should be telling someone you want to convince to invest in bitcoin,you start by telling them how bitcoin came about,a breaf history of bitcoin,the person who created bitcoin,countries or nations that have adopted bitcoin as their alternative currency.
Further more tell them how bitcoin work,how secured it is,bitcoin store of value,it network and many more,tell them that bitcoin can be use as an alternative to fiat currencies or as an investment that you can buy through crypto exchanges,tell them it provides service like peer-to-peer transfers on a digital network that records and secure all transactions,the network use a blockchain  an open source program that chain transaction histories to prevent manipulation.
With all this explanation I believe that the person we be convince and we be willing to give it a try.
this OP wetting wahala shall my brother all this  big big talk wey you highlight no dey necessary if you won tell person about bitcoin, just tell the person breaf talk about bitcoin make the person go do eh own research from there ehhh go know weather to invest or not to invest if ehh  need more explanation is go ask you no be you go start long talk with person wey you tell about bitcoin now jejeje you go carry talk not at once.