I often get messages these days with people asking me why I didn't push bitcoin harder with them and forced them to buy, but as I tell them, it was never my intention to force someone to buy. I speak very highly of bitcoin and other cryptos, but I have only told someone to buy once in my entire life and it happened to be at the Mt. Gox bubble. My dad bought in at $700 and watched as the price fell and we entered a two year bear market.
My dad never sold and you may say that things all worked out for the best, but for a long time there, it looked like bitcoin was going to go much lower. In hindsight these things are easy to point out, but as they say, hindsight is 20/20. My dad didnt invest much, but I still felt bad that I had pushed an investment on him where he ultimately had become a bagholder for some time. He thanks me now, but added to the stress of my investment going down, it wasnt worth it.
So when people ask me why I didnt push harder and tell them they were wrong when they said bitcoin was a ponzi, I often tell them I couldnt have changed their mind anyway. Bitcoin changes minds over time, not even by iteself, but often by systems that make it clear how the bitcoin is a benefit. People in countries like Cyprus might have thought bitcoin was stupid, until their government went bankrupt and took money straight out of the hands of their people's bank accounts. Time changes perspectives.
In many ways crytpo is also a sort of religion and I am also a believer in not pushing religions either. People can believe what they want to believe, if the product is good enough, I shouldnt have to sell it to you, in time there will be people who realize it. I think that might be where we are today with many institutional investors seeing bitcoin as a potential store of value that rivals gold. Let the benefit speak for itself and if you want to tell people about the benefits, but dont force it down their throat.
Chances are if you pitch it super hard anyway they will think it is a scam and avoid it. Put the idea out there, let them explore more if they are interested and do what you believe in. You dont have to force people to buy, they will come when the time is right and they are ready. Then they will hopefully have read more and come understanding the current and potential future use cases.
-Calaber24p
I hope it just have some stability in market
Stability comes with maturation. Although we have seen an ever-increasing speed at which point technologies are getting adopted. With each new cycle becoming shorter and shorter it's hard for maturation to take place.
So when will we see stability? Hard to say since cryptos are a global endeavour and remember we still don't have global internet adoption.
I jist scare the new people come and invest and we face. A sudden drop it qill be a mess then
And then there is the opposite scenario where all the folks who know you have some hound you with how to get set up with some. Public FOMO is starting to grow strong.
I don't ever "hard pitch" cryptos or any other business ventures I'm part of... it just comes across as "scammy" when others do it to me, so why would I do it? It's a bit like that "weird uncle" at family gatherings who always tries to corner everyone to get them involved in his latest MLM project... in spite of the fact that he has never made ONE CENT on any of those schemes.
If someone asks "what I've been up to" I mention Steemit and the fact that it's connected to cryptos. And that's about it. If they show interest at that point, I'll talk more.
Investments are not for pussies :) You need to be prepared for ups and downs and then justice will be on your side :)
Very well said! A lot of discipline and devotion we need to be successful!
I agree. In my opinion the best thing is just to bring it up and let them know you will toss them a link or two so they can check it out for themselves.
For anyone to be TRULY interested in something, it has to come from within. Once people get the tech they can decide for themselves how much they love it. I think many people would not change the system we have now at all, even if they could. Thanks for your post.
I consider that is a good idea to invest because this will increase with the time. We need to be patient @calaber24p, waiting for the price to increase and after that sale all our money invested in Bitcoins. I'm thinking in invest next month on SP (Steem Power)
You have a good point that you can not change or force someone to buy something. Most people will not really listen or take action, later when they see the price increase drastically, the attitude and mindset change.
As I witness the story of Bitcoin I also start to think and reason as you do @calaber24p. In Slovenia, where I came from, we have very positive environment for cryptos here. I'm proud and happy about that a lot. I'm actively in crypto world for about a year and half and start experiencing mass adoption here. People even older one start to talk about Bitcoin and cryptos. Natural curiosity had been born here.
Now my friends start conversations about Bitcoin, Steemit and crypto currencies. Just a few months ago, when I start to speak about same things I was geek for them.
And so as cryptos Steemit also edict me. I never blogged before, but here I start to sense very pleasant environment. For me this is a challenge. Especially that I decide to write in English which is not my native language of course. As you said, I also don't want to push people and impose any ideas to them. I support exchange of ideas. Everyone will take, what he or she wants to.
I also agree with you that cryptos are kind of religion. And if may I, I will add that cryptos is also political movement, because it's deep democratically impetus will force gigantic changes in our global society. We will start to overthrow hierarchical structures and replace them with decentralized ones. I wrote about in my blog Blockchain bring us opportunity to build better society. I put quite a lot of energy in writing it, but it score 17 views and even 4 upvotes. I respect every view and upvote here on Stemmit because this gives us the energy to go on.
I recommend to read this blog mentioned and another one about Governments exercise money surveillance, because this two texts fit, in my opinion, very well with theme @calaber24p started here. I'll be glad to read your views and discussions here or in comments of this to blogs.
My intention was not to be so long for a comment. It's turn out almost as introductionmyself post. (my one was lousy one), but we can conclude with slogan:
What is written, can't be from the blockchain bitten!
(it stays forever there)
your either all about or not that simple hard to teach when none wants to learn...
Good articles to read, its funny sometimes to think about crypto-coin now it seem endless people keep on invent their new products but what i do wants to know is that they put it on what base? My little knowledge about bitcoin ... it was from a gamer exchange to buy something relate with online games and now its paired with Fiat...to have some values on it..btw i keep on mining yup it does support some of my income...thanks
On the upside of course if you did force crypto down someone's throat, they wouldn't choke on it like - they would with fiat currency...