Simply showing the price chart of all time is more than enough to convince someone to invest but my point was before that they need a basic understanding of what they are getting into. It is really important from choosing the right market place to buy their bitcoin and choosing the right wallet for storing their crypto assets and how to avoid the potential scams that always prey on the amateurs.
You might be trying to convert someone into a trader by showing them the all-time price. This might not be the ideal way to get them into investing. By showing them the all-time price, you might be trying to convince them how quickly Bitcoin can increase in value. However, in this way, you might be luring them into short-term profits. When a new investor is in a bear market, they might definitely ask you about the price of Bitcoin. Because you have shown them how Bitcoin keeps increasing in value, but the reality is a little different.
To convince a new investor to invest, you need to tell them in detail about both the risks and the rewards of Bitcoin. If you do this, you might not need to see the all-time price chart, and since you will tell them about the risks, they will also have an idea of the bear market and will be prepared for negative times from the start.
The phrase “choosing the right market place to buy Bitcoin” is driving me crazy. Are you telling an investor to wait for a certain price to enter an investment? If so, you are giving the wrong advice. An investor should never delay entering an investment if he is ready to invest and is committed to a long-term plan. He can start investing at any time in the market. Delay will only reduce your buying opportunities.