Bitcoin Forum

We talked about bitcoin today on the phone.  She asked me if she gave me 30 dollars if I could invest it for her.  I explained the volility of the coin that we could go from 100 to zero just like that.  She still wants to put in 30.

That tells me while we may not be mainstream yet, we are getting there.

Sounds bad.  People very casually investing without really contemplating that much about it (just hearing about it on the phone and presumably hearing about previous prices) and not even learning how to invest themselves suggest that they have no idea what they're doing.

People also commonly say that a stock or asset is in a bubble when your grandmother is buying it.  The age range that they're talking about is people who are about 70, especially lay people.
What's this obsession that people have about "going mainstream"?  Can't it just be what it is, an experiment in cryptography, and then find out what it becomes used for?  Especially when the idea of "going mainstream" is just putting money in it, not actually doing anything with it.

Well more people are getting to know about bitcoin but it seems people dont care to learn about what it is but rather just want to make a quick buck. If that isnt the mainstream coming in, I dont know what is. But it is still

the beginning I think give it 1-2 years we will see true mainstream adoption by then!

My mother's 50, and she doesn't like Bitcoin.

For 30$ to become 100$, at current price, would need bitcoin going to near 20000$.

That's quite depressing seeing her with no interest in learning the ways of bitcoin. Nevertheless, considering her age would be understandable. I talked to my mother at first regarding investing in bitcoins and she didnt hesitate to tell me that I shouldn't due to the scams and hacks that happen nowadays. It seems that more people prefer normal investing in stocks; thing that have been tried and tested that wouldn't result to a scam. I still love to hear and read about bitcoins still though, since this seems to be interesting something that was once $7 became $600 in 4 years.

That being said, Bitcoin is still on the verge of rising through the markets and being known to everyone. Maybe some day, bitcoin would be the main currency of individuals.

Way to go mom. I commend her for even wanting to try out this Bitcoin thing. My friends are half her age and they won't even listen to me. Its so frustrating sometimes. But hey, I have tried. I used to be that annoying friend who's always talking about bitcoin. Now I don't even talk about it anymore. I can't wait to drive a Lamborghini (joke). Maybe they will listen.

Tech part: I've been trying to explain to my parents for last 2 years what bitcoin is, how to use it and for what to use it. They understand it only partially because they are also older people and they believe in touchable papers, new technologies are harder for them to understand.

Economic part: I was doing my regular "price updates" telling them that bitcoin is worth 6300$ and guess what? They told me there is something seriously wrong with bitcoin and I could get burned.

Did you also tell them that your girlfriend is enjoying your golden dick?

The day there's no one still sitting on the sidelines, wondering whether they should invest in Bitcoin or hold off for a pullback, is the day we should all sell because there's nowhere left to go but down. :P Most older people are skeptical of it, and rightly so; they've all seen plenty of asset bubbles before, and seen people try to pick themselves up from the wreckage left behind. We still don't know if this is a bubble or not, really... it's showing all the signs of it, in terms of the speed of growth and the euphoria of some of the participants, but as a currency it could of course be a different story. Gold is also largely held up by psychology rather than any valuable use cases or economic moat, but it's been there for thousands of years and is now considered one of the least risky investments rather than the most. When people first started digging shiny rocks out of the ground and making ornaments from them rather than throwing them at each other, I doubt any of them considered the investment value, and the first ones to start accepting it for food, water and other basic necessities were seen as absolute fools - just like, once upon a time, a pizza shop was seen as foolish for accepting 10,000 bitcoins instead of "real money." :P

Your mother of 70 asked for your help to make an investment for her because I assume that your mother is not a techy person. Bitcoin will become a highly technical process for a person doesn't expose on the internet with topic in business, investment or any money making internet concept. Good for her, she's got nothing to lose it is your 30 dollars. For me, I will never hurt the feeling of a 70 old loving mother.

30 USD is barely worth it, tell her to spend it playing bingo or whatever it is old people do.

My mom is 57 and I think bitcoin is quite hard for her to understand. Though I believe that my mom is smart enough to understand such things, I think that she has a lot of things to do rather that surfing the internet as often as I do. If we're on the same age I believe that she is more responsible than I am right now.

I have talked with several older people who are not in technology at all.  They have no interest in Bitcoin and believe it to be a complete waste of time.  We aren't going to change them either, so if Bitcoin sticks around for 30-50 years we could possible see it go mainstream, more than likely it will never be the dominant currency because of how it works. 

There are way too many in this world who don't have access to computers/technology and want nothing to do with it.  They will never use Bitcoin.

If it was me, I'd remind her to make sure that she's comfortable with possibly losing $30 and tell her that you'll buy it from her at the current market rate if she ever want to sell, and then send her $30 worth of Bitcoin out of my own wallet. That way, nobody has to mess with the exchange fees and she gets $30 worth of Bitcoin.

And for the people saying that old people don't get Bitcoin, I'd just say that there are plenty of young people who don't get Bitcoin and wouldn't give a rip if there was a way to make Bitcoin sexy and cool to the non-tech savvy people.

hello, my brother is 5 years old and wondered if he can invest his bitcoin grant-in-aid to make a profit

It is really good that your grand mother understood what Bitcoin is and what is its importance and the best that she decided to invest it it.
We should keep oldies updated of the new technology because maybe they can have a new ideas that teenagers Don't event have in mind. So it is very important to invlove them in a part in our life.

Just think if when she was 64 she invested that same $30 in bitcoin, she would be rather well off right about now with 100 bitcoins. So hard to say what another 6 years will bring, maybe that $30 investment today will still surprise us.

I dont understand why there are some people who are investing in projects that they dont even know how do they work. It is just like that "classic family" with a stable job who hires an investor to invest their money on Stocks, bonds, etc.. and they dont know in which instruments is he investing the money in.
Why dont you tell her how does it works? and yes, tell him that with $30 she can not do anything, it would be better if she use that money for buying some stuff instead of hopping to see those $30 turned in $10000 in a few years.

It is very sad to hear that he doesnt want to learn about bitcoin and how does it works, but it is cute to hear that an old woman is interested in buying some bitcoins, it is not a big amount of money, but probably if she likes it he will invest more, just like it happened to all of those who bought bitcoin before.
I invested $300 at the beggining, and then i putted more than $2500 on my balance, i still remember those days.
But yes, teach her a little bit more, because she is so ignorant right now.

This shows that the speed at which the price of bitcoin have moved between January 2017 to this day 31st October 2017 have drawn a global attention. SO many people want to invest not minding risk involved just after the profit well that's that the primary aim of investment.

Yea that it a little bit sketchy.  Probably near a top if your Grandmother is starting to get interested.  That said, the market can remain irrational far longer than you can remain solvent, so I wouldn't open any shorts on bitcoin any time soon..

I think she is rather being cautious and testing the waters before hpushed dips into it fully, I say your mom is rather very smart and if a lot of investors follow her method , they wouldn't be complaining about how they lost all their money on an investment because of a hearsay.

That's so cool. Spoke with my dad and even though he thinks it will become mainstream he thinks it will take way too long.

Well she did ask me to explain it, but I don't think she totally understood the tech.  Regardless she knows her kids have invested so she wants to throw in a bit I guess hehe.

They won't be investing their life savings or anything, but they do understand that this is a very early market.

I also explained the volatility of the market.

Good for your mother ;D

In my country even TV series started talking about bitcoin and pretend to use it in the show. That shows how much attention bitcoin is getting in the society today.

She won't hate you as much for losing her $30 as she would love you for getting her a lot more,  just my two cents.  :P

That is a good strategy to try the investment... If it's good I'm sure she will want to invest more later. Good that OP explained his mother all the risks, she is aware about everything and still wants to try. I don't see so many open minded people at this age like his mother.

If he is able to take care the money very well I'm sure it will be a success, the investment will grow and she will want to invest more, also maybe she could introduce more people to Crypto-Currency world from her friends circle.

If it was me I would cheerfully accept the 30 dollars and then if things went "south" I would personally take 30 dollars out of my pocket and make sure Mom was whole.  If she wanted to give my 30K that would be a different story.

i think she wants to test you and how good investment you've follow and i think she don't care about the results. i think you can use that $30 to buy bitcoin and send it to her wallet and tells her that she don't have to do anything with that bitcoin, only keep it in her wallet for some period of time. i see you explained about the volatility but she still wants to put in so what you are waiting for? just go buy bitcoin while its not to high now because we don't know what will going happen or if you can be patience for a while, i think you can wait until this november because i think we can buy bitcoin at lower price and i think we can do it with correction price.

$30 is not good amount of investment in bitcoin, tell it that much better to spend her money in the thing that makes her happy since she is old already and near to lay besides of our creator she must enjoy her every day living and dont think to earn anymore.

This tells me your grandmother trusts YOU, not bitcoin.

LOL, at least this isnt the "I invested all my gmas life savings into btc at a peak" (although now that I think about it, that bro probably did pretty good given the markets performance)

Well, if your ma is aware of bitcoin at 70 and actually interested in parking any amount of value, then this just might actually work LOL. You see, old folks imply do not fuck with newer financial technologies. My grandmother is like, deathly afraid of ATMS and Point of Sales terminals. She thinks when she puts her pin number in, they are going to make a copy of it and steal all of her money (she saw one of those news specials about the skimming machines). She will park and go into the bank, so the tellers cant steal her pin number as well ;)


So if that school of thought can come to grips with bitcoin, we may be more widely adopted than what I expected we would achieve so far.

Why the mainsteamity is bad? In my opinion it will attract more investors, what is really good

Not really a good thing from what I read
She wants to risk her money by giving it to you to invest not by herself

To me sounds like you explain the pros alot more than the cons  ;D

That's really cute. $30 is nothing in the grand scheme of things, but with more people like your mother, it can really add up. People don't even need to put in a lot for Bitcoin to gain traction.

I always tell my friends that if they put in money they can afford to lose anyway, then they're not truly taking a risk. The growth would be quite negligible, but at least they'll experience the technology and that might convince them to invest more in the future. People should not be making massive investments right out of the gate with nearly no prior knowledge of what they're investing on anyway.

I'm kind of sad about this because people will just abuse thr volatility of the price and not take great interest about bitcoins. Grandma just knows that bitcoin's price increases steadily and just place money on it and bail. At least teach her whay bitcoins are and make a literate about it, not just some blind investor.

I understand your concern for her but it seems to me that she already has the basic understanding of how Bitcoin works that's why she insisted even after explaining the possible risk. Anyway, it is just $30 win or lose it may not amount that much unless today is 2010. I am suggesting that you tell her to explore more about Bitcoin and make herself a learned old woman on this aspect as we certainly need more seniors in this side of the planet. The more the merrier as they say...don't listen to negative comments here they are just naysayers.

my mother is 50 years old, she never knew bitcoin before until now even she did not know for what bitcoin use. I hope to get more btc so I can give him money for his needs.

That is good sign because even 70 years women understand how potential the Bitcoin is. Don't hesitate to invest in Bitcoin but most important thing is invest the amount that you may loose also it should not hurt you.

I think at the age of 70 it is very common to say invest 30 $. There are still many in the age of less than 70 who do not know bitcoin, it depends how we explain that bitcoin is a good way to invest.

Well, I don't pray or want bitcoin to stay as an experiment cryptography cause if bitcoin don't move forward or stay as an experiment cryptography the price wont have reach the ATH $6400 and it will do bitcoiner more good if bitcoin go mainstream.

Yes it is good to hear the people of that generation are not resistent to any change in the system. I hope there are many more people like your mother who welcome bitcoin with open arms. She wasnt afraid to invest even after considering the volatility of the coin.

My mother did some of her own research and got stuck in the "Bitcoin is a bubble" and "Bitcoin is used by criminals" Fud. It took me 4 hours to convince her that normal people use Bitcoin and how Supply & demand markets work and why we are seeing these bubbles.

My whole family is invested in Bitcoin now and they have ROI on every cent that they invested. I have to stop them from selling assets to invest in Bitcoin now. ^smile^

Most people today are just like your mom.They don't know about bitcoin and they don't even want to know about bitcoin.Just they need to invest their money in bitcoin thinking that overnight success would be possible and bitcoin is a quick rich scheme.It has been already eight years gone for bitcoin to reach this stage.

People having this attitude would in no way contribute for the progress of bitcoin.They would invest quickly,get panic quickly and would sell their bitcoins quickly making bitcoin price more unstable.

Oh well, for people who wants to earn more they would do whatever it takes. If you tell someone you earned double times your investment in whatever way possible, people will give you their money and make you do the miracle for them. That's normal reaction especially for old people. But if you talk about bitcoin, they wouldn't really grasp the idea in one phonecall. That is whats difficult for older people to understand. Its even hard to convince people our age how much more the people who are ahead of us who are not techy.

Ha, ha, ha. I ve got the same issue here. My mother wants to buy a mining rig here. :)))

well, I think I need to learn with you, how to convince our parents that investing in bitcoin can be very profitable. for me, the problem is that my parents are still in the tech-stuttering class, and when they feel it's a little difficult to do, they just ignore it. In fact, old age should not be a barrier to know the technology further. because technology is never old, there is always new in every day.

This is one example of people who think bitcoin just like gold and stock trading, even like a money game. And out there are still many people think if they buy bitcoin with USD 10 will make them rich quickly, it's a shame.
Mainstream? I don't think it will happen if everyone is still thinking about such stupid things in 2017, and bitcoin just would like a stock trading.

I think you shouldn't take the money from your mother. Give her a paper wallet with some Bitcoins on it as a present for birthday/christmas/wat ever instead. I am sure she will be very happy to own her own coins and from then on check the price chart every day.  ;)

capital $30 and want to profit up to 100%,
maybe you can try invest in Zcoin or Ethereum its price is still low,
i think Bitcoin price is too high for an investment at this moment from $30..

your mother is 70 years old and she is very old, but she still wanted to invest those 30 $ in something that she does not even know deeply, she does it because she trusts you, you should not tell her:



If you really think bitcoin could drop to zero, why you continue to invest in bitcoin?

I'm amazed by the number of guys who answered to this post saying they're sad that a 70 years old doesn't want to learn what's BTC is and she only want to make some profit, are you guys serious?
For a 70 years old understanding crypto it's very hard, she did because, as a mother, fully trust her son.. sometime you guys need to step down your high horse and try to understand people.
Is not about capital, gains, volatility and stuff like that, for me this is a very nice gesture from his mother, put aside the value of BTC, because a gesture like this between mother and son it's priceless.. and is not affected by volatility and greedy person.
What the hell guys.. seriously.
I completely agree with the guy above me, enjoy the love of your mother instead..

Good job for your 70 year old mother having interest in investing bitcoin. And good job for you in influencing her to invest already. I hope it is just her first step into learning more into the insides of bitcoin.

   Why this sounds bad!? She is old enough to know many things, she missed opportunity
to invest in project 50 years ago. She could invest $30 in Apple, gold, internet or any technology
company in 1970 and now she would be a very rich woman.
   Everything starts with an experiment, what was internet and apple, first car, first computer? Do
you think it started like mainstream from beginning?
    She have $30 dollars and she can afford to spent that. When she get informed for 6 months that
her $30 invested worth more then $50 she will invest a little more. Little by little now and maybe in
10 years she will have something to live to here children`s and grandchildren`s, something more then
couple hundred bucks.

This is sounds so terrible, why not give your mother a chance to invest on because who knows she is your lucky for million life? And it sounds that it is easy for you to give her money so give her the chance.

I owed my elderly mother about £250 for something. I said I could pay her back the money or pay her 2.1 BTC. She took the BTC. That panned out rather well for her so far.

TO be honest, i would tell that just be hearing in the phone i would not directly invest. I would ask about more details and would try to view it and try it practically and also would see if that investment is really worthy enough or not. People's psychology should try to be more clear and must focus on the returns and goals otherwise it would land them into some trouble. 30 dollars is not some big money but yes just think what would be the results and your emotions if it was 300 thousand dollars. Money doesn't matters what matter's the most is value and quality of that investment scheme or product.

Why do you discuss this situation? If you deal with cryptocurrency, why not helping your mother? Just do not take her $30, but take yours $100 and invest it. I am sure, you must do it – mom is simply waiting for your support.
As for her $30, if she insists that you must use it, buy for her some nice stuff, for instance a book about virtual currency.

Its good to hear that....Generally it is seen that age and risk are inversely proportional to each other. Old people usually like to invest in  such schemes which can give them regular and stable return. They don't like to take much risk.
It seems like your mother either want to play investment gamble with some spare money she have or she might have quite good faith upon BTC growth.

My mother is 55 years old. He does not understand so much about technology. Not only that, many older people like him are not dependent on technology. When I first started using Bitcoin, this is the first thing I told my mother. He did not believe it. He said it is fake. When I started earning money, my mother became interested in BTC. But now I think my mother is smart enough to understand these things.

You can do 3 transactions with average fee of 10$.

My mother is 48.I told him about Bitcoin.He asked me to find a job ;D ;D
And I wanted some money saying he did not buy any virtual currency.Although I know how much I benefit ::)

Wow, it sure is awesome to have an open minded mother specially at that age. I can only imagine how great your childhood and teenage years having a mother like that.

Now, although it is great that a lot are already getting into bitcoins and are getting curious about it, the fact that most of the time, the new comers into the crypto world only joined for profit without understanding what bitcoin really is and how it works is quite disturbing. Because clearly, this might cause a lot of these people to lose a lot of capital considering the fact that they do not know much about how the prices works. Amd thisay result in a lot of people calling bitcoins and the crypto world as a whole as a scam. Which is clearly not healthy for bitcoins. But still, having a lot of traffic is better than nothing. It'll be their fault if they happen to lose a lot of money for investimg without having enough knowledge about what their getting their funds into.

At least you have a very advanced mom :)
But you still need to explain the entire system better, after all, 30 dollars will not bring significant profits.

I guess she was like ... I'm 70 ... 30 = 100 ok ... bet accepted ... you should then make a smart contract with her ... only withdraw for health food investments ;-)

Interesting. I also told my father (75 years old) about bitcoin a year ago and he showed good interest. Age doesn't have to do anything with bitcoins i believe.

There is a very enlightened elders, and some even laptop not include

At least your mother trust you with her $30 worth of money instead of nothing so for me it is a positive thing though but we all know that in investing we need a good amount of money to get a good amount in return, just like the saying that 'the higher the risk the greater the return', your mother wants you to do what you want to do with that money because she wants you to practice your mother and son relationship trust with money and that's good thing.

Maybe she knew that bitcoin was less than $1 before and thinks that it will happen again, the massive growth of it. $30 is so small for now with Bitcoin but it is an investment no matter what. I really don't know what is getting mainstream in Bitcoin all about because $7,000 value is so big now for any other currencies that is available in the world.

I respect people who always want to know more and develop

My mother is near 70 years and she doesn't like banks,
but it's difficult to understand for her the difference of cryptocurrency compared to bank system.
I think is something will get power trough generation

you can earn the double you 30$ in 2week with trading or invest in btc and wait the price hight

if mom asks 30 dollars from me, then i will give it for free instead of investment. but if i have a lot of bitcoin then i will love more than.

That is cool, mate. A 70-year old mom is still very much aware of Bitcoin and its potential. That is really a very welcoming news considering that Bitcoin investment is more often perceived as a thing for the young and the techy. And suddenly here is an old woman who wants to invest in Bitcoin. I bet she is regularly exposed to some discussion about Bitcoins since you are a Bitcoin investor yourself?

I think you need to explain it in more detail, like how bitcoin work like? how to invest her how ?? what kind of security ?? Sometimes explaining to the elderly takes a lot of time so they can understand

my mother can certainly accept with the convenience to invest in bitcoin. he is very fond of the concept offered by bitcoin and believes in the benefits of bitcoin

It is true. sometimes to explain it all takes a long time with a detailed explanation to be able to entrust it all to an older person. I also like that when explaining to my mother. and finally he agreed to invest in bitcoin

I think there are some who wanted to test if investing in bitcoin is good. Starting in small amount first and probably look more into it if their investment is successful. But it might take a while before it goes mainstream.

Maybe one your mother friend talking about bitcoin but it seems she's doesn't know about the idea of bitcoin that's why she call you, that's a loving mother. That's why she wanting to invest money in bitcoin since she did know about this. I can't imagine a 70 years old mom got interested on bitcoin to invest that bitcoin has more profitability. I salute you mom I hope my mom just like her too.

Truly age is only just a number and there's always some people who proves that.
Your parents are damn cool thinking elders always think that technology is just a piece of shit and they shouldn't bother with this and just enjoy their lives. But yours are different like they always welcome new ideas and that will be helpful to your family as you can all be profited to this.

My dad loves bitcoin, so he invests in bitcoin.

ow its sad that many people are going todo what they want without knowing what is happening to the thing that they want

my mother is 70 because she is my only one that i loved and she take care of me very will. I love my mother very much

How old can still invest well, but apart from knowledge, luck is also an important factor.

Me too, my mother is 60 and she wants to invest in a bitcoin of $ 100. I say: invest $ 1000 instead of $ 100, but invest in this mother.

it is never late i think, and what about legacy? we have to think about it, how to pass they keys to our childs for example, anything can happens, thats life, so our coins can be lost forever :(

My wife is 52 and I 61 years old and it is because of my Wife that all the family knows about Bitcoin and Altcoins. Her 22 year old son did not know anything about Bitcoin until his mother talked to him about it and now all her family are interested in some capacity because of the education she gave them. My father in law has also invested 1k USD in Bitcoin and now he has 20k USD worth of altcoins in value, so his money has grown over 20 times in less than a year and he is very happy about this, thanks to my Wife who found the coins for him. We wish we had done the same, but at the time we had no money to invest, but we have some holdings of coins, growing slowly from our earnings. My father in law is 80 in August, so it is never too late.  :)

I think you mother is also interested in internet and social media, not all person on that age wanted to invest bitcoin especially you don't expect the positive outcome, I admire your mom that even in that age still thinks positive on bitcoin, not like the teens today that is very negative when endorsed to bitcoin because of it's unstable price, so now Bitcoin is began to expand even in elderly people, more and more people will began to use and invest bitcoin sooner.

This is both amazing and a call-to-action.

The fact that she's interested, knows about it, and is ready to put down her first investment shows two things:
1. The adoption and name of BTC and blockchain technology is getting more and more widespread
2. We need to educate new investors ASAP

Though it's a sweet story, she doesn't seem to grasp the concept of what BTC is worth. See, the average person will take some of their money and throw it into BTC, then hodl and hope for the best... However, what we really want to see happen is people utilising BTC as much as they would the USD. It's adoption is not in having everyone in the world own some, it's true adoption would entail every person be using it as freely as they would their own local fiat currency. In doing so, it becomes more than just a concept we love, it becomes real.

So help your mom understand why she needs it and that if she's buying, she might as well try to use it to buy some stuff online too. Send some money overseas, pay for a new miner, do a little day trading, open up a shop and only accept BTC, the sky's the limit.

Maybe older people are hard to understand because it's like a dream. You can earn money easily. Maybe older people think that to earn money, we must work hard.  ;D

Your grandmother is very cool. I respect people at this age who are interested in investing and improving their financial condition. Nowadays, young people don't always care about it, although it is very important. I hope that in my old age I wont depend on the state, but my financial assets will feed me.

Well remember that bitcoin is very volatile , and remember that it's very risky investment , we i just want to share that my dad and my mom love bitcoin , i've explain them how it works and the volatility of bitcoin , but then again they just invest now it's quite well though , and now little by little they understand and learning bitcoin. Maybe the bitcoin can go a hundred percent or even a 1800 percent but at the end of the day it can go up to 18 percent only see the difference?. But still bitcoin has a big potential to dominate the world in the near future , no doubt , and no regrets why I and my family invest on bitcoin.

I think you can ask your mother to install bitcoin wallet on her android phone so after you buy bitcoin for her, you can send it directly to her android phone. and don't forget to not use that bitcoin if the price is not increase higher and tells her that not to get panic if somehow the price is droped like yesterday. make sure that you can explain the easy things about bitcoin so your mother can know about bitcoin and don't have to use her bitcoin for another things except to keep that bitcoin.

If you talked about bitcoin,  make sure that you explained to her all the thing that she need to know and make sure she take down notes considering her age.  But it is great to know that your mother is enthusiastically wants to know and to earn in bitcoin because some old people are really having problems in adapting to these kinds of modern advancements.

It is a surprise that a 70-year-old woman can invest in the Crypto market. But I encourage you to guide your mother to BTC trading. Perhaps it is her pleasure, so do not bother her anything when she likes.

The mining rig is a good idea on the forum because when you buy that you can mine the bitcoins to make a lot of money.

Its is true that theres a lot of people who wanted to grab things even they dont understand what is it.Just like your mother who wanted to invest not because she is fully interested on it and wanted to learn everthing on it but because she just heard a news about bitcoin and grab hurriedly to invest not knowing the outcome.She thinks if she invest on it, the money will grow.For me investors doesnt count on his/her age the important of it that he/she had knowledge of what is it and he/she is willing to learn more and to take risk no matter what happened on the money they invested.

If anyone wants to invest bitcoin on you either from family, relatives, friends, or people you just know. Make sure you explain the bitcoin in detail as possible with all the risks so that at other times there is no misunderstanding. You are at least lucky to have parents who are aware of the technological potential of bitcoin on the economy where there are still many parents who do not care about technological developments.

No it is not like this mate I think older people are wiser than the young ones, as they have more experience than us, I think they will have to more ideas and more patience so this way they will be able to earn high, they will deal better with the situations o it is good buy your mother high amount of bitcoin and don’t worry she will earn high profit than you, and in bitcoin as well there is not restrictions for age, people of any age can free to use bitcoin.

Why do you advise my mother not to invest. Why can you and she can not? Help her so that she does not lose her. Read what is worth buying now. Recommends ATL. I have already earned 0.4 ETH on exchange in a few days.

It is commendable that the elderly know and are interested in the innovations of the modern world, but at the same time I feel sorry for them, because they only hear who has earned what, and they do not know the essence of technology. It is good when their young relatives help them to understand it, but there are active elderly people who try to do everything themselves and often come across scammers who have no conscience and who are ready to take away everything from you. I believe that it is necessary to improve the literacy of the population in the crypto economy. This will give a good impetus to the development of the market.

before we teach her and help her, we need to have a knowledge about bitcoin so he can explain to his mother. and yes, it is a good idea to help her to invest her money in bitcoin and in altcoin too. but if she only wants to use 30 dollars, maybe she only needs to invest in bitcoin only because it is difficult to divide that amount for many coins so it is better to stay with bitcoin only.

It is good to know that your mom is an open minded person, her willingness to invest will make her gain more. Just educate her more and talk to her about it daily if possible.