Pages:
Author

Topic: How to get your Dad (or Mom) to buy Bitcoin? - page 3. (Read 1023 times)

member
Activity: 99
Merit: 57
I did not expect this thread to get this popular!! I have re-written the OP; to make it shorter and clearer. I am currently in the process of orange-pilling two friends, I will let you guys know the results  Wink
member
Activity: 140
Merit: 34
Eloncoin.org - Mars, here we come!
The age of the parents of each user who joins here is different, some are still alive and some are dead. That's the reality of life. I have parents who don't really understand technology, after all, they are now 70 years old. His eyes can no longer see normally and his hearing is starting to become impaired, it is very difficult for me to convince my parents to buy or invest in Bitcoin.
The only way I can ask them for permission to use their wealth is invested in Bitcoin, of course they don't know what Bitcoin is, but they really trust me to manage their money. My parents were able to enjoy the results of Bitcoin even though they never knew about Bitcoin, I always gave them some money and told them the money was from Bitcoin investments.

I totally agree with you I also have parents who don't have any  idea about what is happening in the internet and they're also at the range of 70 to 67 year's old, I think is very hard to convince them to go into crypto investment. However I think those parents who are not up to the age of 67 to 70, i think you can easily convince them to invest in bitcoin that's for those parents who understand technology and also the things that is going on in the internet because if they're not educated enough it will be very hard to convince them.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
The age of the parents of each user who joins here is different, some are still alive and some are dead. That's the reality of life. I have parents who don't really understand technology, after all, they are now 70 years old. His eyes can no longer see normally and his hearing is starting to become impaired, it is very difficult for me to convince my parents to buy or invest in Bitcoin.
The only way I can ask them for permission to use their wealth is invested in Bitcoin, of course they don't know what Bitcoin is, but they really trust me to manage their money. My parents were able to enjoy the results of Bitcoin even though they never knew about Bitcoin, I always gave them some money and told them the money was from Bitcoin investments.
Actually, there are many ways to invite or persuade our parents to want to invest in Bitcoin, of course the choice you take is actually one of them. Because your intention from the start was to make your parents rich so they could invest in bitcoin to create financial freedom in the future. Even though your parents are very old, their eyesight is short-sighted and they can even hear, but you have the initiative to manage their finances so they can invest and the profits are given back to your parents. I think if your parents are still young, their memory and eyes are still clear, they will definitely invest in Bitcoin too.

Times are increasingly developing, fortunately in our time there is already bitcoin so we can easily invest in bitcoin. But old people used to invest in things that looked like gold, land and property. so bitcoin investment is very foreign to them. Even if we want to educate them about Bitcoin, they have difficulty understanding it because Bitcoin is very complicated. However, as children, we must continue to provide education about understanding Bitcoin to them, the most important thing is not to force them to follow our wishes.
Even if bitcoin is for everyone regardless of their age, in my experience people get to an age in which they do not want to worry about investments or whether they can afford something anymore, now many do not have that luxury as they were unable to save enough money for their retirement and they are still working or getting by with a small pension, but those that were fortunate to do so, now want to rest from those responsibilities, so a child of theirs taking that responsibility for them is quite common.
sr. member
Activity: 1512
Merit: 418
The age of the parents of each user who joins here is different, some are still alive and some are dead. That's the reality of life. I have parents who don't really understand technology, after all, they are now 70 years old. His eyes can no longer see normally and his hearing is starting to become impaired, it is very difficult for me to convince my parents to buy or invest in Bitcoin.
The only way I can ask them for permission to use their wealth is invested in Bitcoin, of course they don't know what Bitcoin is, but they really trust me to manage their money. My parents were able to enjoy the results of Bitcoin even though they never knew about Bitcoin, I always gave them some money and told them the money was from Bitcoin investments.
Actually, there are many ways to invite or persuade our parents to want to invest in Bitcoin, of course the choice you take is actually one of them. Because your intention from the start was to make your parents rich so they could invest in bitcoin to create financial freedom in the future. Even though your parents are very old, their eyesight is short-sighted and they can even hear, but you have the initiative to manage their finances so they can invest and the profits are given back to your parents. I think if your parents are still young, their memory and eyes are still clear, they will definitely invest in Bitcoin too.

Times are increasingly developing, fortunately in our time there is already bitcoin so we can easily invest in bitcoin. But old people used to invest in things that looked like gold, land and property. so bitcoin investment is very foreign to them. Even if we want to educate them about Bitcoin, they have difficulty understanding it because Bitcoin is very complicated. However, as children, we must continue to provide education about understanding Bitcoin to them, the most important thing is not to force them to follow our wishes.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
The age of the parents of each user who joins here is different, some are still alive and some are dead. That's the reality of life. I have parents who don't really understand technology, after all, they are now 70 years old. His eyes can no longer see normally and his hearing is starting to become impaired, it is very difficult for me to convince my parents to buy or invest in Bitcoin.
The only way I can ask them for permission to use their wealth is invested in Bitcoin, of course they don't know what Bitcoin is, but they really trust me to manage their money. My parents were able to enjoy the results of Bitcoin even though they never knew about Bitcoin, I always gave them some money and told them the money was from Bitcoin investments.
newbie
Activity: 1
Merit: 0
First of all, you don’t need to prove to your parents that Bitcoin is the best solution for all the world’s problems. Above all, you need to show to your parents that it’s not just another fleeting hobby of yours. So dedicate as much time and energy as you can, to learn about Bitcoin. Then you’ll find out to yourself that you’ll persevere with your passion for the long term or if you’ll simply be unnecessarily asking your parents for money. If so, they’ll notice it themselves😊
full member
Activity: 280
Merit: 110
Eloncoin.org - Mars, here we come!
Elderly persons are interested in investing in something which must have a physical form and must be a popular subject such as land gold silver food grains etc. If we try to convince them otherwise, they will discourage us. But those who invested in Bitcoin some time ago and made a good profit today can show this investment summary to interest them in investing in Bitcoin.

As you mentioned, it's very difficult to convince people with traditional mindsets to believe in Bitcoin or cryptocurrencies and make investments in them because they mostly believe that one can't earn money from the internet and it is mainly used for gaming or wasting time as they see people using social media platforms a lot.

Even if you earn some money from cryptocurrencies, withdraw the profits, and show them the cash, they will still not believe you for the first time and will think that you have earned them from somewhere else, or maybe it's not your money and you are just kidding with them.

My family never believed that I can earn money while sitting in front of my computer, they used to think I'm playing games until I cashed out some of my earnings and that was when they realized I'm not wasting my time on useless things.
sr. member
Activity: 224
Merit: 216
As bitcoin is a popular currency many people have little knowledge about bitcoin so giving parents good advice about bitcoin may prevent them from believing it. Most people fear losing money I think it's better to invest yourself than to advise parents. Elderly people will not easily understand the good side of this coin they can always think negatively. Use your own discretion to buy bitcoin.
Although Bitcoin is a popular coin around the world, there are many people from the 90s who consider Bitcoin to be a scam (such as my parents). When I told my parents one day about investing in bitcoin they didn't believe me even they said it's totally scam because there is fear of losing money they think that. A few months after that when I made money from my first investment and helped them believe that it is possible to make money from investing in Bitcoin, it is not a complete scam.

Since then till today my parents did not discourage me to invest in Bitcoin but they showed me more interest to invest in Bitcoin even I have some cousins who are educated also interested in investing in Bitcoin. But the sad thing is that they are still students with no source of income.
member
Activity: 126
Merit: 14
★Bitvest.io★ Play Plinko or Invest!
You can give information to your father and mother but you cannot impose your wishes on them. The decision to invest will be up to them and if they are not yet interested in investing in Bitcoin, you don't need to force them. You can just keep approaching them and show them how much Bitcoin profit you have made. But again, if they are still not interested, there is nothing you can do.

That's also what I do to people near me where I only provide information about Bitcoin. It is up to them if they want to invest in Bitcoin or not.
Yes, there's nothing wrong if we tell this information to people around or closest to you, but I think it will be very difficult for them to understand it, our understanding of Bitcoin today is certainly different from our parents' understanding of investment. Our parents' understanding was that if we buy everything it must have a physical form. According to parents, bitcoin has no physical form want that makes them reluctant to have it.

What you say is very true, yes, it is very difficult for them to be interested in this asset, even though you have proven it. Just let it flow like water, one day who knows, they will be moved to see its movement This asset requires a very long process to convince them.
Elderly persons are interested in investing in something which must have a physical form and must be a popular subject such as land gold silver food grains etc. If we try to convince them otherwise, they will discourage us. But those who invested in Bitcoin some time ago and made a good profit today can show this investment summary to interest them in investing in Bitcoin.
sr. member
Activity: 2618
Merit: 439
I remember my dad always talking about bitcoin back in the day and how it was gonna be the next big thing. Unfortunately i guess he never actually purchased any lol he just talked about it alot. I was young still so i had no idea how to get any but i tried. I just remember signing up for crypto exchanges and being too young to buy damnit!  Undecided Undecided Undecided Undecided
Maybe it was a time where your father had no means to actually invest.

If he was so passionate in talking about it then he might have really believed in bitcoin and therefore would have bought some but unfortunately it is not always that we get to do what we want.

I also would like to buy more bitcoin and constantly think about it but I just currently do not have the means for it.
legendary
Activity: 2380
Merit: 2369
I remember my dad always talking about bitcoin back in the day and how it was gonna be the next big thing. Unfortunately i guess he never actually purchased any lol he just talked about it alot. I was young still so i had no idea how to get any but i tried. I just remember signing up for crypto exchanges and being too young to buy damnit!  Undecided Undecided Undecided Undecided
Of course I don't know how old was your dad at the time but I guess he would be at least 45-50 years old, and did you actually expect someone of that age to go online, study about bitcoin and understand how to use an exchange, send all the KYC documentation, move the funds around, etc etc? If you had no idea how to do it, and you probably grew up using internet, how were you expecting him to do that?
sr. member
Activity: 476
Merit: 254
You can give information to your father and mother but you cannot impose your wishes on them. The decision to invest will be up to them and if they are not yet interested in investing in Bitcoin, you don't need to force them. You can just keep approaching them and show them how much Bitcoin profit you have made. But again, if they are still not interested, there is nothing you can do.

That's also what I do to people near me where I only provide information about Bitcoin. It is up to them if they want to invest in Bitcoin or not.
Yes, there's nothing wrong if we tell this information to people around or closest to you, but I think it will be very difficult for them to understand it, our understanding of Bitcoin today is certainly different from our parents' understanding of investment. Our parents' understanding was that if we buy everything it must have a physical form. According to parents, bitcoin has no physical form want that makes them reluctant to have it.

What you say is very true, yes, it is very difficult for them to be interested in this asset, even though you have proven it. Just let it flow like water, one day who knows, they will be moved to see its movement This asset requires a very long process to convince them.
hero member
Activity: 1750
Merit: 520
Leading Crypto Sports Betting & Casino Platform
I understand that Bitcoin is a potential, tempting investment. but to be honest, I am not willing to get my parents invest in Bitcoin. Because, yes, they are really old, even using a telephone is enough for them, just to communicate, nothing more than that. And they don't even understand what the online world is, even though it has been explained in great detail and in simple language. So, that wouldn't be possible. because if I force him then it means I will be cheating him because after all I will also be the one managing the investment. Meanwhile, I also have younger siblings who so far are still not interested in the world of crypto even though they already know what I do. so this wouldn't be fair to them either.

But that again will depend on each family's individual conditions. There are many things that influence our decision to involve parents or not in cryptocurrency investment, including family, because we alone understand the conditions of our family.

I am just like you, I have never and have no intention of encouraging my parents to invest in bitcoin. In addition to bitcoin's upside potential, it also has risks, and I don't want my parents to spend the rest of their lives stressing over bitcoin's fluctuations .

If we want to introduce bitcoin investing to someone, we should target our generation, the young people . Older generations like our parents are no longer suitable for bitcoin, and what they need is to rest and enjoy their old age , not work hard to make money .

To me , the people who are trying to give investment advice to their parents are people who can't afford to invest in bitcoin. They just want to use their parents' money to invest in themselves rather than thinking about good things for their parents .
sr. member
Activity: 2380
Merit: 251
Eloncoin.org - Mars, here we come!
I didn't read the wall of text, not interesting to be honest.

I just want to mention something, I am not really going to convince someone who is used to the existing system cause it's difficult and there no point of doing it but we can do with the next generation, let's say how to get your son or daughter to buy Bitcoin that makes more sense to me.

Get the word about decentralisation to these people and sooner or later they will come around.
I believe that someone who is used to the existing system will of course find it very difficult for them to accept it and it would also be better for us not to make it difficult for them as parents to invest in a market that has high risks and it would be better to let them enjoy it. their old age with their family and not thinking about this investment.
Yes, it would be better for us to prepare our generation to be able to invest in Bitcoin because this will be very useful for their future and if we have prepared them it will certainly be easy for them when they grow up to understand investing in Bitcoin.

We are highly flexible too but I am talking the reality it doesn't mean old generation can't understand and use crypto, yes they can but for now the priority can be focused towards the future generation and they can be able to adapt to the changes more easily than old era people. If we are talking about first time investment of their retirement funds then I wouldn't call it as good way to invest.
sr. member
Activity: 1344
Merit: 311
I didn't read the wall of text, not interesting to be honest.

I just want to mention something, I am not really going to convince someone who is used to the existing system cause it's difficult and there no point of doing it but we can do with the next generation, let's say how to get your son or daughter to buy Bitcoin that makes more sense to me.

Get the word about decentralisation to these people and sooner or later they will come around.
I believe that someone who is used to the existing system will of course find it very difficult for them to accept it and it would also be better for us not to make it difficult for them as parents to invest in a market that has high risks and it would be better to let them enjoy it. their old age with their family and not thinking about this investment.
Yes, it would be better for us to prepare our generation to be able to invest in Bitcoin because this will be very useful for their future and if we have prepared them it will certainly be easy for them when they grow up to understand investing in Bitcoin.
sr. member
Activity: 1358
Merit: 268
★Bitvest.io★ Play Plinko or Invest!
These scenarios are common; actually, it's just common sense, where if your parents don't understand what you see and know, there will for sure be an argument about what you're talking about, even if it's about Bitcoin. .  Of course, on their part as parents, they don't want you to regret it in the end.

They don't want to make a mistake as much as possible, but at the end of your conversation, they will understand that even in their minds, they don't like what you believe in this conversation, and in their eyes, what you believe is wrong. But they will also let you do what you want so that if you make a mistake, they want you to learn from your mistake, and if you are right, they will see that you are gradually gaining maturity in your personality. That's all. .
sr. member
Activity: 2380
Merit: 251
Eloncoin.org - Mars, here we come!
I didn't read the wall of text, not interesting to be honest.

I just want to mention something, I am not really going to convince someone who is used to the existing system cause it's difficult and there no point of doing it but we can do with the next generation, let's say how to get your son or daughter to buy Bitcoin that makes more sense to me.

Get the word about decentralisation to these people and sooner or later they will come around.
member
Activity: 224
Merit: 24
This is so long, it's difficult to assume you wrote it yourself  Cheesy. Anyway, my parents already believe in Bitcoin. Well one of them more than the other, though. The thing is, you know it's way easier to buy them and keep them yourself for your parents, yeah? But if it's for awareness and knowledge sake, then I think the best way is to let them know how the traditional banks are starting to fail, first. That'll get them engaged since everyone can relate to how traditional banks are becoming less effective ( especially in terms of savings) these days. Then, let them know there's a solution, and teach them how to buy and keep their savings there.  I don't think it's honestly that hard to educate and help them. Some of them may be stubborn at first, but of course, you shouldn't go to them without proof that it's not a scam.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I understand that Bitcoin is a potential, tempting investment. but to be honest, I am not willing to get my parents invest in Bitcoin. Because, yes, they are really old, even using a telephone is enough for them, just to communicate, nothing more than that. And they don't even understand what the online world is, even though it has been explained in great detail and in simple language. So, that wouldn't be possible. because if I force him then it means I will be cheating him because after all I will also be the one managing the investment. Meanwhile, I also have younger siblings who so far are still not interested in the world of crypto even though they already know what I do. so this wouldn't be fair to them either.

But that again will depend on each family's individual conditions. There are many things that influence our decision to involve parents or not in cryptocurrency investment, including family, because we alone understand the conditions of our family.
Investing in bitcoin was the right decision for me, and I did not needed anyone to convince me this was the case, as my knowledge about the economy and the history of money told me immediately that bitcoin was on the right track and I took the decision on my own to invest in it, if others do not see the same, there is no point in trying to convince them as this just means they are not really ready to invest in an asset that while great, it presents a volatility very few people can stomach.
full member
Activity: 1498
Merit: 132
BK8 - Most Trusted Gambling Platform
I understand that Bitcoin is a potential, tempting investment. but to be honest, I am not willing to get my parents invest in Bitcoin. Because, yes, they are really old, even using a telephone is enough for them, just to communicate, nothing more than that. And they don't even understand what the online world is, even though it has been explained in great detail and in simple language. So, that wouldn't be possible. because if I force him then it means I will be cheating him because after all I will also be the one managing the investment. Meanwhile, I also have younger siblings who so far are still not interested in the world of crypto even though they already know what I do. so this wouldn't be fair to them either.

But that again will depend on each family's individual conditions. There are many things that influence our decision to involve parents or not in cryptocurrency investment, including family, because we alone understand the conditions of our family.
Pages:
Jump to: