Crypto and Bitcoin investment conversation requires special techniques.
It’s easy to convince someone to invest in a Bitcoin business, but they’ll need to believe they will never loose their money.
So why then is it so hard to get clients to become even mildly as enthusiastic as we are?
This article aims to cover five ways to bring people into the crypto investment revolution, which can make you huge income.
How to convince a client to invest
Below are the tested and trusted ways you should be using when convincing someone to start investing in either Bitcoin, Ethereum, Litecoin etc.
1. Be patient
Not only new terminologies and technology, but this subject challenges peoples’ beliefs in all their lives.
Most of us don’t get it the first time we heard about cryptocurrency investment.
It’s exciting and you would want everyone to know, but you have to focus on little chunks and find out the areas to peak their curiosity and focus on those parts.
In a way, earlier adopters had it much easier, because back then most of the information out there was useful.
Newbies will have to sort through the ocean of rubbish, click bait and scams with hope to get correct information, but on the opposite is what they find.
Now, you have chance to give your clients time to absorb the information, and encourage them to continue the discussion later.
2. Never argue
We have heard every argument against cryptocurrency 100 times before, and we waste no time in correcting our mistakes.
Even though we’re doing a fantastic thing showing our clients the reality, more often than not, the other person feels like we’re attacking their views.
Whether your audience is left or right wing, interested in business, charity, history or arts, there are limitless examples.
These examples are to show how a situation they care about can be improved.
Once they realize how blockchain can improve what they care about, they will naturally start to see how to basically apply it to everything else
3. Make it simple
Using crypto jargons like; ‘HODL’ and ‘Satoshi‘ in your sentences, when describing BTC will not sound awesome.
Once it’s over their head, you have lost them.
You may not realize where you lost them, because they won’t even tell you how they feel about the whole subject.
Phrases like these ones below cannot be used often enough;
- Does that make sense?
- Do you agree?
- Are you with me?
Make sure your audience is with you at each step, otherwise, they may be scared away instead of being convinced.
4. Give them Bitcoin
All the philosophizing, videos and preaching in the world will have little effect compared to getting your clients to invest in either BTC or ETH.
Once your buddy has shown any interest at all, do the following:
- Help them create cryptocurrency wallet
- Send them either Bitcoin or Ethereum
- Get them to send it back to you.
Explain that you just sent money to them like an email, while helping them to understand that it can be sent anywhere in the world 24/7.
Once you follow this process, they will be very much convince that investment is the right way to keep their money growing.
5. Know when to give up
It is easy for us believers to get a bit over enthusiastic when sharing our wisdom, and try to push the issue when others don’t seem to grasp the concept.
If you can tell a discussion is going nowhere, know when to back off.
Not everyone wants to discover the best thing ever right now and sometimes repetition is not key.
It’s easy for Bill Gates or Warren Buffet to command attention when talking about money, but odds are you don’t have their kind of reputation.
Understanding how you are seen before, during and after your chat will help you in your approach.
Some people just won’t see you as an authority on this subject, and that’s fine.
The important thing to realize here is that, maybe they want a conversation and you may have turned it into a lesson.
Sometimes, it seem crazy that people don’t see how awesome cryptocurrency in general can be.
If you try convincing clients to invest in Bitcoin and alternative cryptocurrencies (Altcoins) with a good tactic, they will definitely succumb.
In years to come, learning how to explain Bitcoin investment to someone would be great thing for the world.
It will also seem as necessary as, convincing people that the world is round.
In the meantime, following these tips will help you to keep your friends and their sanity in check during Bitcoin investment conversations.
If the person is not an adult, it’s better to simply teach them how to invest in Bitcoin as a minor.