Quote from: justinlamode on Today at 12:30:58 AM

Quote from: Rockstarguy on March 07, 2025, 08:02:20 PM

Quote from: Proty on March 07, 2025, 05:01:08 PM

Quote from: Findingnemo on March 06, 2025, 06:40:41 PM

If someone doesn't have a clue about what is bitcoin then forcing them to buy can be a bad idea, what if the price crashed once they bought and you are the one who they will blame you. So guiding them when they realize bitcoin is their path is good but when someone still haven't made up their mind can take their time. Better late than never cause if they do it for wrong reason and faced the loss they might exit the market and will never think about coming back.

So this isn't entirely about the price, it's actually the cause that should drive them to invest, a person who truly understand bitcoin will not be shaken by the volatility so the short bumps and dumps will not likely to alter their strategy if DCAing or whatever they want to practice.

Some of you are really confusing yourself because if you are introducing some one into bitcoin you will never forget to mention the strategies use in accumulating bitcoin,like buying the dip.so during the process of explaining this strategy buying the dip you have end up explaining to the person what bitcoin volatility is.It is impossible to force someone to invest in something they are not interested in because will all have different views about something.There are so many investors that understand the volatility of bitcoin but whenever there is a dip they are grip by fear of the fact that history may not repeat itself.people are much more afraid of what they know than what they don't know.

It is wrong to try to force someone who have no knowledge about Bitcoin to invest in bitcoin. The first thing to let one know while introducing bitcoin shouldn't be to buy bitcoin, the first thing should be volatility of the market and security and self-custodial wallet, after all these you can proceed to how one can buy bitcoin(strategies). Buying should be the last thing to introduce to beginners about bitcoin because if you are too fast to convince someone to buy, it will be very difficult for the person to cope with market volatility.

If you focus more to make sure the person you are introducing bitcoin to understand the market very well it will be of great gains than convincing to buy bitcoin without understanding which buying might not profitable at the end.

Can you actually force someone to make financial commitment in something he is not convinced is good for his money? How will you possibly do that? Use gun or blackmail? I don't like using the word "force" when it has to someone doing a business that will help him. No one can force another to invest in Bitcoin, instead you can convince them to invest and the highest you can do is use wrong information or hypes to convince them to invest. You know the consequence of this such as the investor developing bad habits such as not being able to hold, aiming for quick profits, FOMO, and all manner of things they should have avoided.

Of course, I have heard about some potential investors who forced some of their family members to joined Bitcoin investment which they never what to join, because they don't have the finance and idea but the person that force them to joined the investment gave them little idea and huge amount of capital and they are doing perfectly well in that Bitcoin investment. Not all investment you should force people to join, if you have made some funds from that investment, you can introduce it to your Love one's and family members too and even though they don't have the idea you can put them through until they become mature to handle the investment by themselves before you can leave them. Holding Bitcoin or any other cryptocurrencies for long term is very important to investors, because it always increases investors income when the bullish season is flowing in the market.