Top excuses i heard why people are not in Cryptocurrency

in cryptocurrency •  8 years ago 

I have been talking to friends and relatives about cryptocurrencies lately. I am far from being an expert on cryptocurrency as i am still new and still trying to learn. But i believe cryptocurrencies will stay and be part of our future.

I first thought bitcoin was a real coin that we could touch and stack like gold coin, because there are images of bitcoin being a coin bit B on it.

So far i have convinced only one friend to invest in cryptocurrency, and he is a computer programmer, so was a bit easy to convince him.

I am writing to ask your opinions about what i should say to convince them when i am met with the following excuses:

Never heard of Bitcoin

This is the top excuse i get when i talk about cryptocurrencies. I start with Bitcoin because it is the most common and probably easy to understand, but i am surprised by how many people who actually never heard of bitcoin

It's not easy to buy/sell

In some countries, it is not very easy and common to trade cryptocurrencies

It costs money

This is probably ridiculous excuse, but i have heard it few times . How can you invest and don't want to put any money in. And then i told them there is one actually, Steemit. You can get paid for blogging, and it costs nothing to join

It's too late now / too risky

Bitcoin has already made 1000 fold gains, i am too late to get in now. I personally think this is just getting started. It's never too late to invest.

Can we trust it

Just got this excuse when i told people about steemit. As i thought they have been posting on Facebook and Instagram, why not post on steemit and get paid, and then this excuse "Can we trust it" came up

Please leave your comment below, thank you !!

Relax and enjoy the ride!!

IMG_8182.JPG

Sometimes people's ignorance is unbelievable, and yet when the hard times come they expect to be spoon fed and helped. I was warning these people before the 1998 Asian crisis to convert their currency into US dollar and convert back when the crisis was over, and i was only able to convince 2 people. There were no cryptos back then :)

Time is running out and i am afraid most of them will be left behind in the next financial crisis

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I agree , they need to come with better marketing of bitcoin values...like deci-bit or other...people can't buy a whole BTC .

Yes , another good point . They think it's 3000, so they can't afford it. While in fact can start with just 10 dollars

Yeah exactly Crypto is the future and they are always just to sceptical and find it risky , probably by the time it goes mainstream btc will be too expensive and they will be very very late by then , I ain't giving up yet , I will be tellin more people bout BTC !

hi Spikykevin, yes might be 100k when it's mainstream. Maybe they should start with steemit for the people worry about risk

These excuses are everywhere even i experience same thing

hi cityslicker, yes nothing changed even though i was right in 1998, but still not many believe my new suggestions. Time is running out for them, Bitcoin is going to 10,000 soon

wow great ,, looks like u r having great fun.

hi akareem, yes we are having fun travelling and investing

It costs money! Hilarious!

  ·  8 years ago (edited)

hi millionairemark, that is indeed hilarious, some people just don't want to take any risks and expected rewards

Amazing :D

thank you :)

its never too late!

hi william-hatchell, thank you for reading and commenting

Very nice points there. Same issues that I run into when trying to explain Crypto to other people. One of my coworkers has even nicknamed me "Crypto" because I'm always talking about the stuff.

hi hotsauceislethal, thank you for your comment. That's not a bad nickname, but i see what it means they don't believe you and think crypto currency is a joke. Bitcoin is smashing record highs, maybe that can turn the situation around

there was a saying by someone i don't know saying that you will not regret even if you buy a little bit of bitcon not a full bitcon but even a fraction of it,you will thank me some years later and that seems to be true today

hi steemphotography, i think some people look at bitcoin as 3000 dollars and it is unaffordable, when you actually can buy 1 fraction once a week or once a month and ride this wave up

its never too late in crypto
Crypto world welcomes every one ;)

hi starving, yes even 20 dollars can get some crypto. If bitcoin is too expensive, why not buy steem

people don't tend to risk their money they are happy with banking services hahah :) you seem to be enjoying holidays

hi cutiepie, most people think in dollar terms, so if they have 100 dollar 10 years ago and it's now 120 they feel ok or happy when it actually has less purchasing power. Everyday is holiday, lol

to be honest many still aren't aware this and even if they do they find it difficult at first to understand the basics of it BTW Great to see you chillaxing :D

Yes, if they can't understand then it's very unlikely to invest. My brain works differently, i put few hundred dollars in bitcoin and suddenly i can focus better on understanding bitcoin before buying more, and suddenly steemit and ethereum got me interested

The last excuse I heard was "uncle Brett I'm only tree and I don't understand".
I went easy on him but told him no more flockin' excuses when he turns four.

lol, thank you for your comment uncle Brett

Congratulations @djohan! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

thank you steemitboard