Altcoin is good. It’s hard to persuade parents to invest in it. - page 11.

Princejebs

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Quote from: Zulkifli BI on May 19, 2021, 06:01:15 PM

difficult to persuade parents because parents have different knowledge from us. but it is very easy to persuade him if the parents have knowledge that suits us. So your job is to be able to unify your knowledge and that of your parents so that you have the same understanding. if you can't do it then your efforts to persuade him will be in vain.

The 60s and 70s knowledged parents are one of the hardest set of people to convince with latest technology. You have to take time to explain everything gradually, but mind you, there may be zero chance of getting on board even after understanding everything.
Sometimes, when I explain this crypto things to some people, they actually thought it's an opportunity environment where they can double up there money so fast but crypto is never like that. Considering this, the true nature of man always like money and that's what majority of investors are doing here, not really after the tech but the money.

MCobian

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Quote from: Taufik blackspade team on May 23, 2021, 07:13:15 PM

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Because crypto can be said to be too early for everyone in the world even though in fact in some countries crypto is already very popular, but in some countries it may still be foreign and even completely unknown.
So you have to introduce it little by little to your parents so that they understand.

It is not difficult to educate people around us about crypto if we have been in the crypto market for a long time. Moreover, we can show what we have obtained from crypto. Then explain how the workflow of crypto and the ecosystem in it, the most difficult thing is to educate people who already feel smart because the possibility that what we say will be rejected by them. For example, there are some people where I live who think crypto is a form of gambling but it's not like that.

It's not too difficult to educate people around us about crypto, if we have been in the crypto world for a long time and managed to get a large profit.
We can show the profit we make from crypto to others, to show that crypto is good for making money. But sometimes we find some people whose
minds are closed and cannot accept other people's opinions. If we find a person with this character, we should not force crypto on him, let him be
the loser by rejecting crypto.

Taufik blackspade team

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Because crypto can be said to be too early for everyone in the world even though in fact in some countries crypto is already very popular, but in some countries it may still be foreign and even completely unknown.
So you have to introduce it little by little to your parents so that they understand.

It is not difficult to educate people around us about crypto if we have been in the crypto market for a long time. Moreover, we can show what we have obtained from crypto. Then explain how the workflow of crypto and the ecosystem in it, the most difficult thing is to educate people who already feel smart because the possibility that what we say will be rejected by them. For example, there are some people where I live who think crypto is a form of gambling but it's not like that.

Benefactor

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A many individuals are keen on crypto when they catch wind of individuals bringing in cash from option to left. However, you should attempt to persuade your father for putting into bitcoin preferably other over some other altcoin. In any event, purchasing Bitcoin in buyer market is unsafe, you're either make easy money, or get helpless speedy on the off chance that you purchase at ATH and it enters bear market. The best an ideal opportunity to purchase Bitcoin is in bear market, since you can be practically certain that once another bull cycle begins, the cost will not tumble to such lows until the end of time.

monineklutak

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Quote from: SacriFries11 on May 22, 2021, 10:15:34 AM

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Because crypto can be said to be too early for everyone in the world even though in fact in some countries crypto is already very popular, but in some countries it may still be foreign and even completely unknown.
So you have to introduce it little by little to your parents so that they understand.

People are easier to encourage if they know that your already earn money thru cryptocurrency. Here in my country, a lot of people know about cryptocurrency because of the game Axie Infinity even the middle age or old people played the game to earn money. I already encourage my sisters to invest in cryptocurrency after they know that I get profit to it. Bear market right now is a good time to buy crypto.

Indeed, if there is evidence that we get money from cryptocurrency, people will believe and be interested, of course,
I think I might do the same as you to encourage my brothers and family to invest in cryptocurrency,
because after all it's never too late

SacriFries11

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Because crypto can be said to be too early for everyone in the world even though in fact in some countries crypto is already very popular, but in some countries it may still be foreign and even completely unknown.
So you have to introduce it little by little to your parents so that they understand.

People are easier to encourage if they know that your already earn money thru cryptocurrency. Here in my country, a lot of people know about cryptocurrency because of the game Axie Infinity even the middle age or old people played the game to earn money. I already encourage my sisters to invest in cryptocurrency after they know that I get profit to it. Bear market right now is a good time to buy crypto.

raes

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Because crypto can be said to be too early for everyone in the world even though in fact in some countries crypto is already very popular, but in some countries it may still be foreign and even completely unknown.
So you have to introduce it little by little to your parents so that they understand.

actually telling the people around us is not difficult if we already have something real from crypto. like real assets that we get from crypto. and the easy way to explain it is related to the investment we make.
what is difficult is when educated people know it but do not accept it. like the government of a country that rejects crypto. they know but are unable to take the risk and let it pass.

iTradeChips

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Quote from: laredo7mm on April 27, 2021, 06:02:58 PM

Risk is a very crucial part of investments whatever it's forex stock or crypto. The higher the risk will be the greater your profits will be. Old people do not want to take the risk and trust only well know commodity like gold and silver when youngs ones prefer crypto. I think that's what happens with your parents. It will be better to acknowledge them so that they understand the potential of crypto.

That is the problem with the parents who do not understand the stuff they see in these modern times. When you are accustomed to the usual instruments of profit like the stock market, gold, and having your own business then they would be closed minded when it comes to cryptocurrency. It really takes a lot of convincing to these people to try cryptocurrency. Anyway, I have tried mine and unfortunately until now I still cannot able to convince them so be it.

Taufik blackspade team

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Quote from: bahagia93 on May 21, 2021, 09:08:34 AM

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An experienced investor will not put his money in anything they themselves don't know and don't understand. If you want to make them invest in crypto, then someone must teach or at least explain the work systems and technology that exist in crypto and the potential that is in it.

Yes, experienced investors will always find out before investing in anything that is offered by others, because usually they will not immediately believe in anything new and never take a rush in any investment.

This kind of attitude needs to be imitated by novice investors, don't just buy and invest your money just because of the hype that is going on, without knowing for sure and really understanding what you are going to invest, believe in yourself and believe in what you are going to invest in. you learn not just to follow what other people are doing.

nrvasquez

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Quote from: Kez1817 on May 19, 2021, 06:20:48 PM

It’s really hard to attract people of old generations like your parents because they will stick to what they already know and are used to. Also not all people knows about crypto already. If you are going to tell them to invest in crypto, you should consider to teach them first or introduce cryptocurrency to them. After that you can persuade them little by little.

What's more, crypto is very volatile, and I'm sure most of the older generation doesn't quite like assets or investments with high fluctuations, because most of them tend to play safer even though the profit will be less.

bahagia93

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An experienced investor will not put his money in anything they themselves don't know and don't understand. If you want to make them invest in crypto, then someone must teach or at least explain the work systems and technology that exist in crypto and the potential that is in it.

Yes, experienced investors will always find out before investing in anything that is offered by others, because usually they will not immediately believe in anything new and never take a rush in any investment.

Expecto

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It is true that it is hard to convince middle-aged or older people to invest in altcoins. It isn't even easy to convince them for BTC. Grin

These kind of people generally are not very fond of new technologies. And as this is a totally different monetary system, they're afraid to try it.

imstillthebest

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Quote

my family loses the chance to become rich since my dad does not invest in crypto.

you are part of thier family and your family still have the chance because you are investing in crypto but theres people that became succesful in investing before the crypto came out . your dad also have the chance but it could be slower

Quote

It means that
It’s hard to persuade those middle-aged people to invest in crypto. Do you think so?

i guess no because we have many middle age investors in crypto . its not with the age but its the persons willingness .

Lantind

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Quote from: kak uli on May 20, 2021, 01:12:31 PM

I think it's only for those who don't understand cryptocurrency which is difficult for us to persuade to join in it, but for people who understand it and understand how to trade cryptocurrency I think they have their own desire to join. well, therefore, before persuading to join, you should provide an understanding of crypto for those who want to be invited to join or invest in crypto.

Yes, and that only applies to ordinary people or people our age, but for people who are older than us or even for our own parents it will be a little difficult to understand, especially they still lack understanding of today's technology.

kak uli

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I think it's only for those who don't understand cryptocurrency which is difficult for us to persuade to join in it, but for people who understand it and understand how to trade cryptocurrency I think they have their own desire to join. well, therefore, before persuading to join, you should provide an understanding of crypto for those who want to be invited to join or invest in crypto.

Lantind

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Quote from: ogundowotoby01 on May 19, 2021, 06:42:29 PM

The first step to persuading any body (especially our parents) to invest in cryptocurrency, is to first teach them what the technology is all about and how it works. When they fully have a good understanding of everything then you can convince them to invest in it.

Teaching people who are older than us is not as easy as you say, moreover they are people who have raised you from childhood to adulthood, you have to use a slightly different method because what we teach is not a child.

kotajikikox

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Quote from: LittlePrinceCat on April 27, 2021, 11:56:42 AM

Crypto is not popular in my homeland. People in my homeland love to invest stocks and bonds. And real estate is the most popular investment. Only few people invest in crypto. My dad loves to invest in stocks but he seldom has a positive net income from the stock market. It’s the fact that crypto is a better tool to earn money, especially for the Altcoin. Then., I try to persuade my dad to invest in Eth and BNB. They’re worth to invest. Take myself as a good example, I spent the weekly pocket money on my first Eth two years ago and earn more than 10X of money. It seems that Eth is still going up in the future. It’s a good investment during this economic recession period. I tried my very best to persuade my dad to buy Altcoin like Eth and BNB but he thought that crypto was very risky and unreliable at all. Investing in crypto is the best way to earn money in this economic recession. It means that my family loses the chance to become rich since my dad does not invest in crypto.
It’s hard to persuade those middle-aged people to invest in crypto. Do you think so?

How can you define the term "BEST TOOL TO EARN MONEY" , Specially Altcoin? do you know what you wanna say here mate?

This is a trading platform for those knowledgeable and not just a random people that you wanna put their money here and risk.

Your Dad knows Stocks and maybe he wasn't lucky till this time , and like us here inc rypto not all got luck and profiting every time.

But the best thing is how we handle our trading and how we trust our holdings.

ogundowotoby01

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The first step to persuading any body (especially our parents) to invest in cryptocurrency, is to first teach them what the technology is all about and how it works. When they fully have a good understanding of everything then you can convince them to invest in it.

Kez1817

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It’s really hard to attract people of old generations like your parents because they will stick to what they already know and are used to. Also not all people knows about crypto already. If you are going to tell them to invest in crypto, you should consider to teach them first or introduce cryptocurrency to them. After that you can persuade them little by little.

Zulkifli BI

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difficult to persuade parents because parents have different knowledge from us. but it is very easy to persuade him if the parents have knowledge that suits us. So your job is to be able to unify your knowledge and that of your parents so that you have the same understanding. if you can't do it then your efforts to persuade him will be in vain.

Topic: Altcoin is good. It’s hard to persuade parents to invest in it. - page 11. (Read 3702 times)