Post
Topic
Board Bitcoin Discussion
Re: Do you introduce bitcoin and crypto to your friends?
by
Rabata
on 22/02/2025, 22:25:28 UTC
Not all friends in my friend circle have the same attitude, so I didn't inform all my friends about Bitcoin. I have some friends in my circle of friends who were interested in learning about Bitcoin. I only introduced them to Bitcoin, but I did not inform them about Bitcoin unless they were mentally prepared. However, I have not suggested anyone in my circle of friends to invest because investment is a purely personal matter and there is no point in me interfering in it.
If you have introduced those who are interested in Bitcoin to Bitcoin given them the basic information to start with, then I will say you have done your part it’s now left with them to make further inquiries if they finally decide to invest maybe they can ask you how to which is from their own person decision and not you convincing them to invest.
Those who are new to Bitcoin are usually interested in investing after learning about it. They are encouraged to invest in Bitcoin only considering the profit aspect, but investing in Bitcoin with the idea that only Bitcoin can make a profit can actually cause losses. There are many who cannot explain the loss aspect well to newbies. In investing in Bitcoin, an investor often forgets to remind them that an investor has to maintain a long-term investment, which is why when they lose money and the price of Bitcoin decreases much more than when they bought it, they get frustrated.

There are many investors who panic and try to sell their Bitcoin. They forget how strong they need to be emotionally. That is why they get hurt. Of course, if someone gives a new person an idea about Bitcoin, then if they give them an idea about the negative aspects in addition to giving them positive ideas, especially if they give them advance ideas about how to survive in difficult times, even if those investors suffer, no accusations will be made against the person who is telling others about Bitcoin.