Bitcointalk Mobile Browser presented by IRLBTC™

Quote from: TedMosby on October 29, 2026, 07:47:24 AM

Unfortunately, the trust aspect is somehow like an illusion because people trust people who trust other people they think are trustworthy. They trust others, not the product.

From transactions to relationships. The foundation is trust, but what made her keep using it could be more than just trust. It could be about brand attachment that comes from consistent emotional and psychological connections.

About this...

Quote from: Otaibayomi on October 26, 2026, 09:43:32 PM

[...]
I think crypto projects could do better by being honest about their risks instead of making everything sound like an opportunity to get rich.

For those in crypto, what makes you trust a project enough to put your money into it and when did you regret any investment?

I think this is not how marketing works. It's not only in crypto, it happens in marketing in general. Being honest and telling the truth would never work for marketing. It's not a marketing tool. For example, you are hired as a marketer whose task is to market McD. Would you only highlight how delicious the burgers are, how cheap the food is, and how fast and easy it is to order, or would you also add that it will make you fat, increase your cholesterol, and that the beef comes from a cruel farming process? I bet no one would market a product like that.

The best you can do to be honest is to not mention it. Or mention it with a different narrative. I mean, the same meaning but a different approach. For example, in that McD case, this burger is ready to make you fat because it's so delicious that you'll never be satisfied with just one burger.

And what makes me trust a project? The judgment of others who I think are smarter than me. Yeah, back again to the beginning of this post, I trust people who trust others. I am a follower.

Once again, your reply shows that the post is worth the while. I love the line you used about the fact that, you ate a follower and that you will trust over again, people that trust people that you trust. In other words, trustworthy people can be trusted. So if someone has a track record of been trustworthy, you are not scared to commit to what the person says because of the confidence you have in the person that recommended him/her as the case may be. Which happens to also bring to light , referrals.
Thanks for sharing.

Quote from: Otaibayomi on October 26, 2026, 09:43:32 PM

Working in sales has taught me one thing: people don't just buy a product; they buy trust.

I think crypto projects could do better by being honest about their risks instead of making everything sound like an opportunity to get rich.

For those in crypto, what makes you trust a project enough to put your money into it and when did you regret any investment?

Making everything sound like an opportunity to get rich has actually been one of the biggest Reason Trust issues arises in the crypto industry this days. This has been the wrong orientation that many has always peddled out there, and that has caused a lot of persons to be opportunistic about it and made others pray, this has hurt the trust in the industry a lot such that even legitimate projects are now approached with a lot if skepticism.

Personally, if a project doesn't have a utility potential, where its usability can be applicable just like Bitcoin that has that Usability of been a payment means for products and services, i will find it difficult trusting the project as it may look to me like some crypto Ponzi.

Quote from: Renampun on October 27, 2026, 08:24:08 AM

Let's imagine if you're developing a project, your goal is clear; you want to grow it bigger and you need more people to invest in it.. Would you focus more on talking about the risks of the project or the potential you'll achieve with it? So think for yourself.. You can't expect that a crypto project will be honest about the risks of their project.. It's your own responsibility to evaluate whether the project is actually worth investing in.

That's why you need to research the team behind it, whether what they're offering makes sense, and consider the risks of investing in a crypto project because it's riskier compared to investing in Bitcoin or gold... At the end of the day, you need to make your own decisions based on your research, not just rely on what the project team tells you or what other people say about it.

If our goal is to get big, why not start with doing things carefully? Although there may not still be a project that are 100 percent immune from risk. Even Bitcoin has its own risks too. It is just it has a decent technology. So we can at least have that as our base and we can expect there will always be people that will believe on our project.

It is important to be honest and state the potential risk because not all people are naive. We even have a saying that ''When something is good to be true, it is high likely a scam''. The truth is, a legit crypto project is transparent. While it was only the scam, shit, and meme coins the ones that are too good to true with their approach.

Page 3

Viewing Page: 4