Bitcoin Forum

BTCHello, my name is foren00BTC. I learned about Bitcoin when I was 16 years old by Googling on the internet. It piqued my interest, so I delved deeper into the world of cryptocurrency and Bitcoin.

My parents never believed in this and didn't support me. I understand them because this isn't their era, and they thought all of it was a scam. They never wanted to support me in investing, but I understand and don't hold it against them. Now that I’m 18 and have a fair amount of money from my salary, I’m directing it towards Bitcoin investment, and other investing projects.

Maybe this story won’t make sense to everyone, but I want to see if they were right—that without
"Physically demanding jobs" work, there is no money. I believe otherwise, which is why I’m writing this. Let time show. 8)

Bye foren00 2024BTC

Do you still depend on your parents for up keeps asides from your salaries?

And how much do you earn, seriously sinceeyou said you are 18 and have got interested in bitcoin from the age of 16 that means you have the passion, and can trust bitcoin enough to wait for the price to appreciate over a long period of time, so if that be the case, it leads us to our next point, which will make the above question easier understood to answer.
If you are earning enough money, from your salaries and not depend on your parents for extra money and you know that after paying your bills you have cash left over for investment, I advice you buy bitcoin and hold for at least 3-5 year's to see how much profits you will have accumulated by that time.
But if you still depend on your parents for anything, that means your cash flow may not be enough and the burden will still be on the parents which justify their stance on the matter.

I don't think anyone is saying that you can't earn good money outside of a physical job.
What people tend to say is you need to put in a lot of work and effort to expect high earnings, which is good advice.
Don't fall into the trap of chasing big returns with little to no work neglecting working on your skills. Even if you're successful and end up with a fortune, you'd be looking at your peers who mastered their professions, while you'd have nothing to show for yourself other than money. That's not the best place to be.

You have developed a passion for something that's worth it, and your parents being against it did not even give you reason to back out of it, which shows how passionate and a decision-maker you are.
 
Now that you have started making little earnings for yourself, you can now afford to purchase that which you have so much admiration for, but while doing that, I will advise you to use a small percentage of that earning to acquire bitcoin, as you still have other bills to pay and bitcoin profit doesn't come in an instant; it takes time, and you will need to be patient.
 
With time, if you continue earning and keep on accumulating, you will bag a lot before you even realize it.

Really glad to see your interest in Bitcoin but if you live with your parents then you will invest in Bitcoin with their permission. Try to convince your parents well, most likely if you convince them well they will listen to you and help you enough to invest in Bitcoin. If you are self-employed and you want to invest a certain portion of your salary in Bitcoin then you can because you probably already have all the knowledge to acquire in investing in Bitcoin. But if you inform your parents and then invest in bitcoins, your parents will have no chance to blame you later.

You discovered Bitcoin at such a young age which I am sure a lot of us here in this forum would have wished. I too wish that I discovered Bitcoin when I was younger so that by now I would have had a bigger investment already. But there's no point in crying over spilled milk so I just try my best to accumulate as much now. You're lucky to have found Bitcoin early in your adult days.
It's good that at 18 you already have a good sense of financial responsibility. Your parents might have not supported you before but at least that did not stop you nor discourage you. Keep going and goodluck!

I'm not sure which generation your parents belong to, but I won't lie—it's challenging to convince Baby Boomers and Gen X to embrace something they can't physically relate to as money. They've seen and heard about enough online fraud to make anyone hesitant to invest. But to be honest, is Bitcoin completely free of fraud? We're really just seeing more advocates promoting its positive use

Bitcoin itself is free from any fraud, but there are many bad people out there who make bitcoins as victims to create victims. For people who have sufficient insight, of course bitcoin is not something bad, but for people who don't even understand what bitcoin is & how it works, they will view bitcoin as a scheme the same as Ponzi.

I'm proud of the OP, he remained firm in his stance even though he didn't get support & had to wait 2 years just to invest in bitcoin.

Welcome to the forum young lad! Be sure to diversify your investments in other things besides crypto.

At your age if you put a few hundred per month into S&P 500 you would be very rich in 20 years. Save your money, learn how to valuate assets and find deals.

Buy low/sell high as they say. Good luck!

Not all jobs are "physically demanding" though. It all comes down to your skills. Of course all jobs require a lot of effort but there is a difference between someone without skills working at a construction site and a skilled programmer sitting in an air conditioned office.

Even investment in bitcoin (or anything else) to make profit is demanding. You need to work at it, endure stress, spend a lot of time analyzing the market and take big risks that could come with big losses as well. It is not like you just buy bitcoin and become a millionaire after a short time.

Whether they are right or wrong, atleast you have heard about Bitcoin Investors and Traders testifying about how lucrative Bitcoin has been and hoe they alternate their source of incomes towards it.

Believe it that Bitcoin is not controllable by a particular body so, there is certainly no dividend of those enthusiasts roaming with the postures that Bitcoin is potential with all privileges for huge and small investor who invest their funds it to earn by it.
So then, I welcome you OP but you would need to understand that Bitcoin is not a quick rich earning program.

So be aware in case those who did not believe in Bitcoin would begin to discourage or mock you when you awaits to see your assets growing but yet at the moment it is depreciating.
Also be aware that the volatilities of Bitcoin has Bitcoin values in fluctuations of increases and decreases in values.
So, long term holding would always be the best for investor.

If you have the chance to invest part of your salary and hold that investment for some years, the you will find success in this crypto World, some investment can give bigger benefits, but the secure way is to invest in bitcoin and hold all the way. No one say it would be easy  but is the right way to go.

If your parents don't believe in bitcoin then provee them how wrong they was.

He seems to be on the right track. Someone who at 18 years old has already started accumulating Bitcoin and will do so for the next couple of cycles can get very rich. The only thing I would also recommend is that you learn about personal finance in general, although there are things that if you live with your parents you won't need as much, like having an emergency fund, but that knowledge in general will do you well, and even more so if you start investing so early.

At your age, most people are still fascinated with buying video games and spending money on liabilities. Investing at this age is a good thing and you will not regret it in future. Your parents are speaking based on their level of understanding, and I don't blame them. Before the computer age, you had to go to a physical office every day for work, but this is not the case now. People can make good money from remote jobs and also engage in other online businesses like trading. I will suggest that you keep working and accumulating Bitcoin. Hopefully, you might make enough money from it that will make your life a comfortable life in the future.

Your parents were right.

May I know what you do for living? not all people have privilege and can get high salary by working as a freelancer compared to working as a blue collar job in first world countries.

Bitcoin is only a tool to multiply your money, not a way to earn from zero. Yeah some exceptions for people who make money from trading, airdrop or signature campaign, but not all everyone can get it.

it's not wrong to be passionate about something like Bitcoin right from a tender age, it's totally your decision to choose your area of interest and most of our parents that don't know what's the big deal with regards what's popular in today's century might not have it all figured out when it comes to the subject of Bitcoin but as a young person that's not yet balance financially you have to know how well prepared you're as you plan to start investing early enough. At 18 I didn't make it a big deal about taking my finances seriously up to the moment I almost finished my university studies. If I could take myself back in time and do change anything about my past decision, I would have loved to have taken my financial life seriously even while I was in school and so if you're 18 and you're not distracted by all the vices and interest that comes with such age range, I must applaud you for that.

However, you have to also set priorities right as you go about investing in Bitcoin. Set the right financial plan in place before you start investing. Your skills are important and a strong source of finance is a necessity, set these in order and when you're done doing these you can be comfortable to invest as much money into Bitcoin as you want to.

This is a great way to show your parents that Bitcoin is not a scam investment and they will definitely support you. If you put aside only a part of your income (like 30%) and buy some bitcoins every month, in the next 5-6 years you will realize that these small and step-by-step purchases will pay you big profit. But I disagree with ("Physically demanding jobs" work, there is no money). Maybe this statement is true for one person out of 1000. Many of the successful people we know today have had a difficult past and have done difficult "Physically" jobs.

It does make sense. There are other people that also experience the same thing as you but they also didn't give up. So, that's two years in the making for you to get started.

I am sure that you're happy with what you have achieved. Just be consistent in what you do and I think that you entirely understand the market wholly about it being so volatile.

The world has changed a lot.

The digital world has grown and remote jobs are everywhere nowadays and as well as the investing sector, we've gone digital.

I always recommend everyone read the book "The Richest Man in Babylon." Read it yourself, and suggest that your parents read it. They will understand, or learn, that physical labor is, of course, respected by everyone, but being the one who receives passive income from the physical labor of other people is always better. I will not explain why since any person should understand this himself. So, having investments and creating a business around yourself that brings income—this is not at all what your parents say about physical labor.

I've been in your position, where my partner doesn't believe in crypto, and I spend my time hunting for free crypto, there are often arguments when I'm pressed for time to complete my work, I continue to prove that with my savings which are in the form of crypto, not fiat, I show the value of assets. I was at the 2021 bull run yesterday and from there my partner believed that what I was doing was not wrong
My message is keep trying and create real proof of crypto so that people around you believe

Yeah, I think majority of members here still believes that we should really work out ass off to earn money and be rich in the future. Although in crypto investments, there are a big chance that we can earn a lot by simple buying and then holding, just like a passive income.

But I do go with the old and traditional way of earning money thru jobs, a 9-5 in the beginning. At least we will learn a lot from people who we work with, from our peers to our bosses and who knows, maybe if we become entrepreneur ourselves, we will used that knowledge to our advantage. So we become businessman, traders, and investors and then we become successfully wealthy.

I'm not sure what physically demanding jobs mean, but your parents are right about demanding jobs.

If you don't push yourself, you don't grow. You usually only get pushed when working. Unless you have high discipline then also doing your hobby or sports.

Sort life out first, save money in BTC. You are 18. Grow as a person, as a member of society. Don't obsess over BTC unless you truly want to build something. Investment shouldn't be a fulltime job.

I believe al jobs are physically demanding but all jobs requires a level of attention. While some maybe very stressful when working some are a more relaxing to do but it doesn't stop the fact that physical attention for the work is needed. Physically demanding and mentally demanding are two different things but they have one thing in common. Which is physical labor requires, physical presence, professions while mentally demanding needs problem-solving abilities, mental effort, and intellectual pursuit. However, what they have in common is that there must be someone who is in charge of performing those task and work. It can't operate without the attention of someone.

This makes sense to me. At some point we tend to look back at the past and think about the financial decisions we made and the one we did not make at all. Of course will regret it some while we are comfortable with others. These days being financially stable does not know any age and is not respected of what stage in life we are in. At 15 years old can old mansions, cars, and other luxurious lifestyles all by himself because the internet has paved the way. Things are no longer in black and white and in secret. Knowledge is open and accessible to everyone who hunger for it.

It is absolutely right if someone sees Bitcoin as a means out of bad predicaments then he ought to give it the focus and commitment it deserves and he succeeds through it. Age shouldn't be a barrier to the plans they have for themselves.

in normal circumstances parents does not like accept anything that has to do with decentralized system, I know very well about when bitcoin was first introduced, many people were skeptical of bitcoin and till date some parents is still sceptical of bitcoin, that's while they don't want to free you to venture into bitcoin because they has already established doubt.

Before you direct your salary to purchase bitcoin for investment ensure you have make a research of Bitcoin and know the procedures of Bitcoin properly...people who do invest in bitcoin do have the mentality that immediately they invest in bitcoin they are rich, so I know that what makes them to have such mindset or taught is because of lack of research, so when you make proper investigation on bitcoin before you invest, you will know your direction.

In physical jobs you can earn a fixed amount and no matter what condition your company is facing you will get paid your monthly salary and from this you will meet your monthly expenses and in case of bitcoin you can earn good profit in few hours or days and may be you earn profit in months or years, you have to wait for price to increase. And there’ are so many people who become millionaires or billionaires from bitcoin’s investments. It totally depends on you which method of earning you opt for monthly earnings.

Hello, my dear fellow. Welcome to the Bitcoinverse hehe.

First of all, congratulations buddy you are awesome as you are 18 and have a decent amount of money from your Salary with 2 years of experience learning about Bitcoin, haha here in my case I'm now above 20 maybe 21 and still I don't have a sound medium for the income you can say that's my incompetency, TBH in Pakistan as a student there's no way you can get a job haha you need to chose between job and studies now I'm looking forward for my higher studies and job opportunity in other countries, I'm having all my saving from freelancing and from this forum's signature incomes.

Best of luck with your investment.


Haha what is this shit buddy is it a mistake or anything else for sure this needs to be removed.

Fraud and money laundering are two distinct yet interconnected financial crimes, and Bitcoin continues to be used for money laundering. However, its use in such activities has decreased significantly in recent months.

https://www.trendmicro.com/en_us/research/24/g/crypto-crime-2024-report-part-ii.html#:~:text=In%202023%2C%20money%20laundering%20in,in%20overall%20crypto%20transaction%20volume.

You are still young, kudos to you for studying about investment and you found yourself interested in bit[Suspicious link removed]d luck, for you. It seems like you are leaving a message for yourself here as a prove if one day you succeed in Bitcoin. i'll be waiting for you to comeback here when you made it as I am also trying to achieve my own goal in cryptocurrency.

For now, do not quit whatever you do to earn that salary you saved to invest in bitcoin.  You still need it to sustain you while your investment appreciates. I believe from your findings about bitcoin, you must have prepared your mind for Bitcoin's price volatility which is capable of making you rich or even poorer than you could imagine.

Everyone has their own approach in investing in Bitcoin but I will always recommend to anyone close to me who wishes to invest in bitcoins to have an alternative source of income they can also rely on when bitcoin isn't at its best.

I wish you luck on your bitcoin investment journey, invest wisely and you'll be fine.

Fraud may not be money laundering, but money laundering is definitely a fraud. The report you provided refers to a decrease in money laundering activity in cryptocurrencies in general & not specifically to bitcoin, but the decrease still makes sense because mixer has been completely banned, they have also lost their native marketing space, which i mean is this forum.

If you are interested in Bitcoin investment and you already know about it then you should invest here for long term. Because investing in Bitcoin is highly reliable and the future profit potential is highest. So if you have decided to invest here then it will be the best decision for you and it will make you gain or earn profit in future. So if you can afford to invest in your venture then you can invest in Bitcoin. But if you are financially dependent on family then you should not invest maximum amount here because if your family creates pressure on you then you may suffer as opposed to earning profit from here in short time.

Thus, it is. If you want to get rich, the best way to get rich is to work. The best way to get rich is to work, save and invest, because if you get rich by hitting the jackpot, like someone who wins the lottery, you are more likely to end up worse off.

In any case, let the OP keep a sensible attitude, and in a few years' time he could do very well.

The best way to get money is working. The best way to get rich is using your salary from working, to invest into a right thing that can save you against inflation of fiat currency.

Bitcoin is the choice, not only, but one of your choices and since 2009, it's the best investment choice. Proof of ROIs show this fact.

ROI table https://casebitcoin.com/
ROI chart https://casebitcoin.com/charts#roi_chart

One of best ways for investment in Bitcoin is DCA (Dollar Cost Averaging)
https://dcabtc.com/

Interesting story, at your young age you are interested in things like crypto and honestly this is a very positive thing for you and your future assets, most of the parents do not study Bitcoin and because of this their perspective on crypto does have a bad image.

At this very young age you have already invested in Bitcoin and several other projects that you will hold as an investment asset, this is a fantastic appreciation we say. and this is a good desire for you and continue to grow in becoming a good investor.

Bitcoin is used for money laundering but who is using bitcoin for those illegal activities? Criminals, terrorists...human? Before Satoshi created bitcoin, criminals also used fiat money, gold, silver...so who should we blame?

Bitcoin is not a scam in any way as it is just a tool like many others, it is being used by criminals for their illegal purposes. Bitcoin completely free of fraud in any way as it is just a tool like many others, it is used by criminals for illegal purposes just like they use fiat or gold. The fault here lies entirely with the criminals and partly with the government for not being able to find a solution to thoroughly suppress the criminals.

As you said, criminal use of bitcoin has decreased in recent months, which means they are starting to use other methods like fiat, why is no one talking about this?


Is this the fault of fiat, is fiat completely free of fraud?

Actually, virtual jobs are already a reality since internet was born, and it has just got more intensified since the last decade, and more yet during and after Covid pandemic. Furthermore, it's not directly related to Bitcoin phenomeon, as even before the cryptocurrency was launched, there were virtual payment methods such as Paypal, which people used as middleman to transact virtually, although the fees are pretty expensive.

Bitcoin was a big improvement on this matter, as we don't need (theoretically) middlemen services to transact online anymore. You don't have to pay abusive fees to the government or the middleman itself anymore to move your funds from one place to another.

Regards the disbelief of your family, it's not a matter or believing or not, rather it's a matter of accepting reality, as the evidences are everywhere. I hope you have a good time as a Bitcoin investor and enthusiast!

Welcome, op. Manual labor is often paid worse that intellectual labor, so of course a job doesn't have to be physically demanding to bring a good salary home. Being 18 and having a job that pays alright, allowing you to invest some money in Bitcoin on a regular basis (DCA) is already very impressive.
I do believe in BTC growth in the long run, so I wish you patience and success with your investment. Just make sure you're storing your coins safely in a noncustodial wallet and that you won't lose your passphrase over the years.

I don't see any problem with gaining skills at a regular job. And use cryptocurrency as a hobby. Considering your age, you will gain a bunch of new skills and knowledge that will be useful to you in the future. Also, you can earn extra money in cryptocurrency: airdrops, NFTs, maybe even trading. As soon as your income from your hobby is several times higher than your income from your regular job, you can plunge headlong into cryptocurrencies.

Hmm, NFTs, and Airdrops for the part-time are great but for me according to my learnings and experiences trading should not go along with your job as a part-time earning opportunity its super stressful and can impact your consistent job and life, if you are passionate and confident to learn and adopt new things learn as a part-timer and then switch to full-time trade there many things to explore and I'm sure if you are good enough you can manage your life as a full-time trader

First of all congratulations for taking interest in bitcoin (and the financial world) when you were 16, I don't know about the other users but at that time I would have never thought about learning stuff like this, you have a great mindset! I can understand your parents' point of view, for people of a certain age bitcoin is not easy to understand because it may look like something made out of think air, I can't blame them.

 Using youth in planning a much better future preparation and earning money or trying to have wealth is a common dream of every individual, in this case there may be many ways for them to do to achieve it, especially now let's just say in the field of technology that they are targeting and it is true that crypto is one of the choices of those who have big returns when they are good at understanding Bitcoin especially.

Good that you discovered Bitcoin when you were sixteen and and now you want to invest, start with a gradual process, with time you will even be shocked with how you must have invested in your portfolio in Bitcoin and owing Bitcoin won't also stop you from doing other jobs aside Bitcoin, in as much as you have hope of realizing some profits in your investment, and it basically pays off when you have patient with your portfolio.

There's actually a lot of earning opportunities outside from a physical job and one of it is bitcoin. But you'll only earn if you put a lot of efforts in understanding bitcoin and its volatile market as well so you won't only invest or trade for nothing. Same with other earning job opportunities, hardwork and efforts are a must, whether it's offline or online jobs.

Welcome to the Bitcoin Forum.
You have come to know about Bitcoin and want enough to invest in Bitcoin, but one thing to note very well is that every investment is risky and if you invest without knowing about the risks of Bitcoin investment, you may be upset later. If you depend on your father then you should never invest in bitcoins without his opinion because later on your father may blame you for the risk of investing in bitcoins. You try your best to convince your father about Bitcoin I believe you will be able to convince your father about Bitcoin.  If you convince your father to invest a certain part of your salary in Bitcoin, there should be no problem.

The trend now is no longer the same compared before. Traditional and physical jobs have become more invisible to the people as they prioritize now looking for job opportunities that are operated online. So it's more on online jobs, without physical jobs, are the most profitable sources of income these days.

However, hardwork and efforts still remained. If you don't have due diligence on familiarizing and leaning from your job, you will still never get compensated at all.

First of all your parents are wrong. I’d like to know, if you may share, can your parents even explain what bitcoin is? Have they done any research on it? Can they even explain say, the basic principles of what a blockchain is? I’d start from there.

Great to see someone so interested in saving for their future at such a young age. I know I sure as heck wasn’t.

It is natural that your parents do not support you in investing in bitcoin because they think this is like fraud there are no physical goods that your parents think about but so be it ... you can prove when you have benefited anyways bitcoin is now getting more and more recognized some parents already understand.

I don't know if at the age of 18 you are still studying while working? Yes most of what I know at that age is still busy in college with his level of education but you are already earning to invest.

Now work doesn't need to be physically demanding you just need to develop skills in the online world, this will make it easier for you to find opportunities for sources of income.

There is important advice said by wise people "Don't involve your parents in your business and investment decisions, they may not agree with your plans".

There is a reason behind this advice and what is clear is that this prohibition is probably not to let other people (including parents) ruin your big plans. Parents basically don't want their son to lose money because of the risks they consider, but they want their son to be successful. Not all parents understand business and investment, so don't make them worry about your big plans that have the risk of losing money.

Good thing that you want to buy BTC, but take note that BTC is not a scheme for you to get rich, you also have to understand a lot about BTC before you buy it, especially how to safely store your funds and not lose it to attackers. Take note that you should also hone your skills and get a real life job, do not replace all of that because you bought BTC, you should get a real life job and build a career, that's so important.

But I think this thinking will sometimes be a trap because with this thinking we will think of crypto and bitcoin as an easy place to get instant wealth.

It is true that we must prepare from the start what we have to do in order to support life to be better in the future but do not make our view of crypto as one of the easy steps to get wealth because we will take the wrong steps if such thinking exists.

However investing for the long term is a condition where we really have to do that in the hope of a better future but what happens for now is that sometimes we think that investing in bitcoin is solely for wealth that can be obtained instantly but do not want to know the process and the worst possibilities that occur so that there are many examples of people who actually lost money and felt cheated when they were in bitcoin but it happened because of their own actions who could not accept the fact that crypto and bitcoin were not as simple as imagined.

Well, your name isn't actually foren00 😏. It's your moniker.

From your story, all that started two years ago – 2022. One would think there had been a high level of exposure concerning Bitcoin then. How come your parents weren't still in tune with what was happening? Oh, could it be from the part of the world you live in? Anyway, I hope you become evidently successful with Bitcoin to the point that it makes your parents believers in it.

Anything that is in the form of a commodity or has value can be misused, no need to go too far, i can give a simple example. For example, a knife, it will be useful if the user use it to cut food ingredients for cooking. It would then be dangerous if used to threaten someone to obtain valuables (as would be done by a thief).

Bitcoin, FIAT, gold & silver are commodities, they have value, but among these four the one that has the advantage in terms of privacy is bitcoin, that's why these days, global or internet criminals are taking advantage of this advantage of Bitcoin. I won't fault royalfestus point of view or yours. But at least i've provided an easy to understand explanation why these days bitcoin is the target & not FIAT, gold or silver.

Whoever they are, they are wrong. You don't have to prove that with Bitcoin. We are in the 21st century. Work isn't anymore about physical labor. Jobs don't have to be physically demanding anymore. A lot of people are now working sitting down in the comfort of their home. Mentally draining, possibly, but you don't have to move a lot of muscles anymore to work.

Good luck with your plan! Be reminded that if you want to make money with Bitcoin, you need to develop diamond hands.

It is very difficult to convince any person of something that he does not know about, and when it comes to seniors, it is very difficult to convince them of things they know about, yet seniors are not quick to accept innovations.

We should also remember that our parents are no longer at an age where they can learn new things or teach them new things, so we should continue with the things that have the potential to improve us. When we achieve success, show our success to our parents, which will make them happy and understand that this is a rewarding thing.

Instead of discussing and celebrating everyone, Cryptocurrency is not something that you can lose a lot or gain a lot overnight, so first learn yourself well and understand it. Take action because it is not a gamble that you will either win or lose if you do it. We have many things to learn and understand.

I can relate to this one because my parents aren't also involved into any investing at all.

When they saw me investing, they didn't support me, but didn't go against it either. They just let me do what I want which is investing because at first place, they aren't giving money to me and instead, I'm keeping a portion of my monthly salary for investing. It's good that at 18 years old, you already tried investing into Bitcoin. Maybe if you know more about Bitcoin already, try to educate them if they wanted to just to remove the doubts and who knows. They might support you after doing it. :)

You have all the times for you to do everything about investing. You have all the knowledge that you need and you just need to research it. You might commit mistakes along the process, but that doesn't affect you that much compared to those who just started investing when they're 50-60 years old. Good luck with your investing journey. I hope that you will learn more about investing because scammers are just lurking around you, waiting for the perfect opportunity to scam you. Equip yourself with information that will help you and when you're profiting with cryptocurrency already, don't forget to help others.

Welcome to this forum mate. Well, your story makes sense, because not only you but many people also have the same experience when they tell their parents about Bitcoin investment, but believe me that your parents are not entirely wrong, they are just worried that you will put your money in the wrong place and that is a natural response from a parent. Now that you have your own income and have invested in Bitcoin, your job is to make sure that your decision to invest in Bitcoin is not wrong - you have to invest correctly and think about all the risks - and try to tell your parents slowly about the right knowledge about Bitcoin, maybe they will slowly understand it. Good luck.

You don't need physically demanding jobs to make money in this generation, machines are doing most of them for us, it's to aquire the skills to control the machines that is mostly our jobs now. Since the creation of the internet many people are now earning money from social media and a whole other areas like cryptocurrency. So you're welcome to cryptocurrency, there are many scams in the space but you've made the right choice of choosing Bitcoin.

It takes money to make money in the crypto industry and the beauty is that you're not in competition with anybody when it comes to Bitcoin investment. As you're earning salary I'd advise you to adopt the DCA method, make a budget of your salary and decide the percentage for buying Bitcoin when you're paid..

Some parents are hearing some people saying bad things about bitcoin and they will try to not let their child fall victim because they don't know they are doing the wrong thing. Most people that are saying things about bitcoin don't have enough money to invest and they will try to discourage people who are interested because I am sure they know bitcoin is a good investment that pays people in the long run if you understand everything about it and you are really patient. At this age you want to start investing in bitcoin, I am confident you will enjoy it. If you are really interested in bitcoin and focus on it, you will see the beauty of bitcoin, since you are earing salary i see you won't be suffering from paying of bills and other things. Just be investing 20% or 30% of your salary on bitcoin gradually you will started see your bitcoin much in your wallet and be getting profits when the market is moving good.  

If your patient is hesitant to invest in bitcoin, it's best to keep it a secret. Consider saving a portion of your salary and investing in bitcoin. Additionally, if your parents say is child should not do something that means he as hear something bad abouts it that he won't like is child to lose is funds on it. so if your parents are saying is scam don't drag with them just told them okay, and just invest without there notices, when you achieve your goal you can told them what you have achieved on bitcoin. Because dragging with them means disrespecting them instead, say OK and follow the goal, and I am confident that if it is bitcoin, he will not fail you, because he has helped others go from poor to rich, so don't give up, strive hard, study about bitcoin, and invest. You will undoubtedly reach your goal all you need is time and determination at all.

I think it is unrealistic to think that in today's modern world there is no money without physically demanding jobs. Nowadays various people around the world are making money through online based activities especially freelancing, affiliate marketing as well. Are those who are earning money doing this activity physically dependent on the job, no.

Also OP you also mentioned that your parents don't believe in Bitcoin ie they consider Bitcoin as a scam. There are still ways to show your parents that Bitcoin is not a scam investment. Like you I ran into the exact same problem when I wanted to invest in Bitcoin. But when used the money earned from my bitcoin investment for my family, they believed that bitcoin investment is not a scam. Maybe you will also be able to convince your parents this way. Actually our parents are not of modern generation due to which they don't know that apart from physical labor money can be earned through online works.

Sometimes parents won't always support you with what you have in mind because they do not have knowledge of new innovations. But it is all good that you have a source of income to start bitcoin investment because investment in bitcoin depends if you have something doing that generates a source of income or not. Even if your parents support you to invest bitcoin then, and they didn't also support financially it would have been difficult for you to have a successful investment.

But now you have a source of income which you don't need to depend on your parents for finance you need to prove to them that you were not wrong with the idea of investing bitcoin. You can only prove them wrong with the good result of your investment and to achieve this you must have the understanding of bitcoin and do things right to have a successful investment,  with this it will be easy for you to convince them and make them to understand what bitcoin investment is all about.

Whether your story makes sense or not is your business. Jobs that are not directly related to physical can make money and I think you can find examples of this with the easy access to the internet that you can do.
Trading, for example, is one example of a job that is not directly related to physical. Apart from trading, there are other similar jobs that allow you to make money. The condition is not to be greedy and get caught up in big profits.

I don't think i would call trading a job, i know i have read that some people take trading as their full time job, but i would not recommend that to people, it is too risky to do, you cannot depend on just trading as your source of income.
Take note that BTC is not a privacy coin, neither does it offer privacy on the protocol level, to achieve privacy with BTC, you need to use privacy solutions, or do BTC->xmr->BTC, and it is not everyone who knows how to stay private when they use BTC. Criminals also use other tools, like cash.

The lessons that our parents learned back then while useful they are not the whole truth, this is because the world is always evolving and what worked on the past may not work on the future, and while working hard is important, there is no doubt that it is not enough either, since I am sure we have seen cases of people that worked all their life and at the end they never achieved the lifestyle they wanted, so if we do not want the same to happen to us we need to try to find paths in which this can become an achievable goal, and investing in bitcoin is one of those paths that can without a doubt help us to achieve our objectives.

Yes, i know bitcoin is not a privacy coin, nor does it offer privacy at the protocol level. But it can use privacy solutions as you said, laundering from crypto to crypto looks more complicated, for that solution we have mixer services which when it is done, it is very difficult to track it. Such things don't exist with FIAT, there is always a way to track them, and that's why criminals prefer bitcoin.

BTC has a transparent blockchain, mixers are risky to use because of their custodial nature and not everyone can use CoinJoin, nor can they efficiently stay private when they use BTC. I believe criminals would prefer cash for illicit tx's because it is very difficult to trace, i am not talking about digital fiat tx's, but cash, this is part of the reasons why governments want to lauch cbdc's and why merchants receiving cash deposits above a certain limit have to report it to the authorities, cash is a perfect tool for money laundering.

It seems just OP came across around and then leave a message and vanished like the others did. If you are still viewing this OP I guess its good to become independent with your parents even they didn't support you at all and you see the potential of the bitcoin and its good for you because you have at the early state with the idea of investment and how does it make a risk with the market volatility. Good thing you can do is to prove to them that you are capable already to decide in your own with your investments. Its hard to please them because its their hard earned money you will realize now how to measure the money once you are the one earning it now.

In terms of actual activity this can still be called a job but its nature becomes flexible where it is not too good if it is used as a full-time job and maybe it will be more suitable if it is used as a part-time job.

But indeed regardless of the mention of whether this is said to be a job or not I don't think it's a problem that should be messed with because everyone has their own perspective on it, which is clear in this case those who do consider themselves traders must understand that in the end being here is not an easy thing and for those who are new to bitcoin do not do this as an experiment out of curiosity because this will endanger themselves, especially in their financial problems.

We need to be wise in responding to this, don't let the thought of being here just for instant profit make you wrong in acting which in the end makes regret at the end.

Well it sounds like you are a smart young man OP. Just continue to work hard, invest what you can into Bitcoin & other hard assets, you’ll be able to live a happy, comfortable life when you are older then hopefully. The mindset & motivation you have to invest your money at such a young age means you are different to many of your peers.

By 18years your parents don’t have control over you again?
It’s good to see you showing and having interest in bitcoin in such a young age. There’s this belief that the young ones have a sharper brain than the older ones and they can easily understand and assimilate things faster. Since you’re working and getting paid and also if not reporting to your parents, you can spare some reasonable amount from your salary to invest in bitcoin. If you’ve understood it as you said, all the advantage and disadvantages will be known to you by now and what you need to avoid.

It's true at some point. One should never invest in an instant but acquire a reliable job at first. Having a physical job will make you earn money, and when you've saved enough, then proceed in educating yourself for your ideal investment. Bitcoin is a smart choice, but without knowing its basics, you will never be in profits. So get a real job, then save for your side hustle. If these two will work out longer, you will have a good flow of income in the future.

Since you are directing part of your salary into Bitcoin investment, I think that is a good idea but also, you have to understand that Bitcoin investment has it own risk and you should be ignorant of it. Sometimes the market might go bullish and everyone could be happy about it and other time, the price might go bear which will make some newbies investors to start panicking on whether to sell part of their holdings or keep hiking for as long as possible. It is good you make your own decisions based on how much you are earning and afford for now because we don't really know what you are really passing through at this stage of your life until you share it to us as a story.

That's right, I agree with you. In earlier times, there was a lot of physical labour, hard work, and little pay. Then the times changed and hard work started earning good money. Development people got the education and got high positions all this also required physical labour and time but in today's age when everything can be done online.

There are so many things that you can earn money from home, you don't need to be just a trader, you are doing basic work from home, and there are thousands of other jobs that people do in the online world. They are earning millions of dollars through this.

Even less educated people are doing good online earning due to which their lives have improved. People should be aware of more and more online tasks so that they can improve their present and future. People who are trading with a small amount of money are actually learning that will serve them well in the future even if they are not making much right now but the experience is so valuable.

I have to agree with you at some point. Most particularly that most jobs these days are already operated online so whether it's offline or online, we can find good jobs that will definitely pay us with good compensation. However, when it comes to stability, it could be more preferable working with physical jobs but talking about high paying jobs, online jobs are capable for that. Trading could be a job for others, but I suggest just make it a side hustle knowing how risky it is to become a job.

The major disadvantages of online jobs is that it is most times regarded as side hustle and as such, there's no job security. In place of job security, online workers tend to handle many jobs at a time, such that when one is not paying, the other is paying.

About bitcoin investment, it requires you to have a steady income for investment. Whether the income comes online or offline, it doesn't really matter. What matters is that an investor should have something that brings cash for the investment.

Hi Frennn welcome to the club, and super elite club haha. Back then when I was young my friend my parent and my brother didn't believe what I can do in this scrypto space but times marches on and I can make hundred dollar just by doing an online job and etc and they also start to believe me.

Investment here in Indonesia is sometimes only looked by half eye and they usually said Online investment is a scam.


World changes and the term "work" is not just go in the regular place doing 9-5 there are a ton of job especially in crypto space that can made you lot of dollar online

I support your desire to study this crypto forum so that you can earn money without relying on capital from your parents. Nothing is impossible in this modern era where everything is online, even though many people don't believe that working without using physical means will result in greater income. My advice is to continue to struggle to learn how to earn money here because with diligent effort you will never despise the results, let time answer those who are cloudy and who don't want to learn to develop.

Haha I'm 73, barely computer-literate, and I 'discovered' Bitcoin about five years ago, from watching Max Keiser on RT. It's a cliche, but at first it doesn't make sense, but when you see it, it's obvious.
Is there an award for the world's oldest Bitcoiner?

Many people still not believes in Bitcoin and cryptocurrency because they thinks that how that can give you money while you don't do anything and only hold it for some years. Well that is normal to see people thinks like that so we don't have to force them to follows what we do and let them decide it later when they see we can change into a better life.

We can make money first from other sources such as from our job so we can have money to start investing in Bitcoin. We don't have to think much about those who doesn't believe with us because investing in Bitcoin is a personal decision. My parents also not believe of my Bitcoin investment but after Bitcoin price increase and I can make money from Bitcoin trading, they realizes that Bitcoin is a new ways for those who want to try and believe they can change their lives.

For those who are unfamiliar with the technology, specifically, many people may wrongly connect Bitcoin with fraud or scams. Convince your parents of the following: Blockchain technology, the foundation of Bitcoin, is an international technology that is transparent and safe. It is not centralised, and everyone has access to the complete history of transactions. These days, Bitcoin is accepted as a legitimate form of payment by a lot of big businesses. PayPal, Microsoft, Tesla, and other businesses use Bitcoin, for instance. Many knowledgeable and seasoned investors view bitcoin as an investment field. Bitcoin is even accepted as legal tender by some governments (El Salvador, for example).Although Bitcoin and other cryptocurrencies are a legal technology, some dishonest people may commit fraud using them as a cover. As is sometimes the case with the Internet, which offers both numerous advantages and fraud threats.They might start to view Bitcoin as cutting-edge technology rather than a fraud if you patiently and simply explain these ideas to them.

You can understand these things in a more simple way when you can collect bitcoins from your earned money for five or six months and keep it for three or four years. Then it is possible to get a big profit in the future, and after that, your parents can understand the misconceptions.

First of all, welcome here to the forum OP. Not sure if I'm going to be impressed with your young age to discover or learned about Bitcoin because the internet is so accessible right now and then Bitcoin is already popular even a few years ago. I still salute you for pursuing your interest and becoming a part of this community. Not only on yours but a lot of parents are like that. It is hard for them to believe or be convinced about Bitcoin.

I guess it is because of their old age. You know, mature people are not really into techy stuffs but we can increase our chance and make things easy if we show them proof or just give them some starch of our hard work in Bitcoin. Don't say that your story doesn't make any sense. That's not true. It may be short but I can feel it. It is inspiring not only to those underage people but also to the adults as well to not underestimate some things only because they are not familiar with it.

On your question if there will be no money if no physical jobs, you already proved it on your own because it seems you worked for one first before you got yourself a Bitcoin but for others, it is possible for them to produce money the other way around.

I'm literally trying to place a particular essence around this post by you OP, the most i could get of this is that you came to see if we are going to prove between you and your parents who was right about the ways to make money since it appears like there are different perspectives with which you people see how money should be made and if this is exactly the point then i beg to disappoint you because i know that both ways good money could actually be made, there are people who have got a physical job and are able to make good money and there are others with a remote job and a non physical job yet they make good money so either ways you get to make money if you are good at your job.

you don't have to necessarily do a soft job alone or just investing like you do with bitcoin and then you can have both running simultaneously and still make good funds of it such that you still be really comfortable at having both especially if you are exploring the investment aspect of the soft side of the job.

Your parents just want you to be okay and not fall for scammer attempts. You can certainly invest in bitcoin, but there are many bitcoin investment products out there that are fraudulent and fraudulent. The main guise of the scammer is to attract ordinary people about investment and something that is trending like bitcoin, they are in the name of investing in bitcoin but that is not the real thing.

No parent wants their child to lose and be cheated by others. They love you wholeheartedly and don't want you to get involved in illegal investments, but if you really have a soft approach in giving them explanations, then sooner or later your parents will understand and support you. Don't worry about that, you just have to grow and develop even under the supervision of your parents.

OP, it's not just you, many parents think Bitcoin is a scam. In fact many of our parents can't keep up with the current times, they can't believe anything risky. However, you wanted to invest in Bitcoin at a very young age, you mentioned that you got interested in Bitcoin investing at the age of 16. I think your parents did the right thing then, because maybe you didn't have a job then. How would you invest if you didn't have a job?

Even if your parents don't support you can invest if you want. Because investing in Bitcoin is your personal matter. To invest in Bitcoin you should have a good source of income. If you have a source of income you can be successful investing in Bitcoin with the DCA method.

This lad is a very wise boy. He picked interest in bitcoin so early and I was wondering how far he must have gone with his bitcoin savings just as he said. He just might be the lucky type to have a source of income which would allow him save up in bitcoin and made good profit in the long run while working and earning from his physical labor to saving part of it in bitcoin.

It is also matured of him to have understood the timing and his parents reaction to not supporting him as a result of them not being aware of it  but he understood and never bothered them again. I believe nature and time will show him good favour.

What a nice move, at  least we have some people at your own age we could manage to earn little and spend them away on unnecessary things and later begin to beg around seeking assistance, but now that you have the idea of investing and not only that, but in making the right decision over the best digital asset or currency for an investment, your future is going to be great in this if you continue.


At this age, people no longer depend on physical jobs and salary payments for their earnings, there are lots of opportunity in the digital technology online, whereby cryptocurrency and bitcoin in particular has led to the realization of so many life changing opportunities in bitcoin, you can now get more than what a physical job could offer in bitcoin if you know how it all goes.

Sometimes one's thinking is still stuck in a situation where conventional thinking is always a mindset so that modern-based work is sometimes not really considered as work which makes the situation sometimes not balanced when someone who works via the internet or uses gadgets, PCs, Laptops and other modern tools is considered not as work in the end.

But even though it's like that I also actually still agree when in the end a trader or being an investor cannot be said to be a permanent job because it is more suitable for part-time.
Keep in mind, especially when we become an investor, we must indirectly have an income that can be said to be quite good every month and that can only be obtained from doing business and working so that we can become good investors and be responsible for the investments we make especially when applying the DCA scheme as the main focus in investing. So of course work is important and being a trader or investor although it is worth saying as a job but it cannot be used as the main job.

Investing in Bitcoin is good to make you to be making money that isn't physical and it isn't wrong making money that way. Passive income gives you money that you don't have to be active to work to receive and that's the way you can grow yourself and become wealthy and not through salaries. You can also work physical works and get paid salary that you'll use to invest in Bitcoin and also grow your riches. The parents aren't wrong to their understanding because during their time, there was lots of successful online scams hence they want their son to get a real job but they're forgetting that, real jobs aren't available that many hence people have to look for alternative things to do that can give them money to use. Investing in Bitcoin and making money through it isn't wrong because you're not stealing the money but you're investing. Any work that you're doing and it is legit, do it to make the money and invest.

Op Maybe your parents don't have experience with crypto that they forbid you to invest even if they consider it a scam. Also the fact that you wanted to invest in Bitcoin at a young age and your parents thought that you were not trying to earn money in the right way could also be one of the reasons for not supporting you in Bitcoin investment.

You can earn money by investing in bitcoins but you need a physical job to make the money you need to keep your investments. Investing will never go ahead without your own personal source of income so ensure your source of income before investing. So that you can invest a separate part of the money earned from there.

Those who do not understand crypto well and forbid others from investing in crypto is a natural thing, but we can explain to them about crypto well so that they understand that investing in crypto is not a scam, when you have explained it to them well of course it will change their thinking about crypto investment and maybe they will be interested in investing in crypto which will certainly be very profitable in the future.

To be able to carry out investment, of course we must have a stable income that we can set aside some of the income to be able to invest because it is very impossible for someone to carry out investment without the income that we have, so it is very important for anyone who wants to invest in Bitcoin to be able to have income in order to be able to carry out investment properly.

Good to hear that, I suggest you to learn about Bitcoin personal wallets and also about cold wallets before investing in it. Don't ever leave your Bitcoin at exchanges as that's the worst one can do with his/her Bitcoin. I'm pretty sure that by investing in Bitcoin you'll understand the benefits of it. I suggest you to follow DCA + Dip buying strategy.

some parents just want the best for their kids and maybe that is why they restrict but if there is a proper explanation then I don't think there should be a problem once you make them understand everything about Bitcoin sometimes we always don't want to explain things to our parent because we feel like we don't hold them an explanation just maybe because we feel we are all grown up but we still, there have been a lot of scam cases and maybe that is one of the reasons they are still skeptical about bitcoin because when I made a section about bitcoin there was a lot of questions asked, especially parents, some said they hear about bitcoin because they always hear it but they don't understand what it is and some even think its a Ponzi and some understood it clearly.

The same advice I will give have something more physical to show and also to keep you going because the moment the market is not in good shape then you will have a problem because you will struggle when it comes to money in does period and even if you don't have another investment you should just have a job and that will be much better because you can not enjoying bitcoin without have a source of were money is coming from.  if you are holding for a long time and you don't have a source of income then you will have to look for one, to make things more easy for our self.

18 years, you still have a long way to go in real life probably you are not a graduate yet and you have to finish university  and in this process all what I will advise you is DCA method of investment and focus on your education to increase your knowledge on universal knowledge.

And parents that are not computer orientated might not allowed their children to involve in bitcoin mostly core religion parents. And not all the parents are cryptocurrency oriented and when a child come from those families, it is difficult for them to participate in cryptocurrency unless they do it outside the home at friends place and not at the home. This thing I am telling has happened to my cousin brother who was attacked by his parents when he was using cryptocurrency (BNB and USDT) and the parents were against him and when he left them, he did well. And now he has enough cash.

Yes, its essential that when you decide to invest, you should have at least a consistent means of income to fund your investment, most especially that we are talking here about DCA. Whether it's a physical demanding job or a means from online, that does not matter as long as you can afford to invest using your own spare money.

Don't blame yourself for their reactions, they are just used having traditional investment. But if you still not pursue your investment this time knowing you're capable to make it happen, surely you will regret it when bitcoin investment has gone too massive for everyone who dare to trust bitcoin.

Hmmmm... that is right before investing it is important to have regular income. This is especially good for strategy like (DCA). We need to have stable financial situation to invest without borrowing money or struggling financially. It does not matter if we earn money from physical job or online work as long as we can invest with money we have left over. Do not let others doubts stop us as they might be used to traditional ways of investing. If we can invest in bitcoin but do not we might regret it when market grows and becomes popular. It is important to make smart financial decisions and take control of our investments.

That is one of the basic requirements to become an investor, since someone that does not have a regular income cannot really concentrate on saving and investing for their future, when they do not really have the means to deal with their present situation at all, still there are many people that ignore something as simple as this and decide to become investors anyway, and it is obvious such persons fail relatively quickly, as even the smallest crisis is enough for them to be forced to sell their coins.

Hmm, that sounds good ! 
Literally, you Hit the right spot of point. Of course we have to need to explain to those who are unable to understand the purpose of Bitcoin. I means we should explain to our parents that Bitcoin is the most secure thing/assets in terms of privacy as well as that we can organize a fair amount of profit margins by investing in it, Bitcoin is not a scam despite it's a best way of eraning, etc. etc. So hopefully they will be willing to adopt it. 
 
So it also means that first of all we should educate our parents about Bitcoin and then obviously they will automatically agree with you that investing in Bitcoin is the best idea. And ultimately, they will gladly give you money to invest in Bitcoin instead of preventing you from investing in Bitcoin.

It sounds nice and simple but is convincing someone and making them want to invest in bitcoin as easy as the theory we are talking about? I don't think that just taking the time to explain things to someone will make them easily accept what we say. That is why there are still many people who do not believe in bitcoin. Instead, why don't we use our investment results to prove it and that's the best explanation, IMO.

Also, is it a good idea to try to explain bitcoin to our parents and the purpose of that is to expect them to give us money to invest in bitcoin? Why don't we use our own money to invest in bitcoin? Why use other people's money to invest in bitcoin? I don't think convincing our parents to invest or giving us money to invest in bitcoin is a good idea.

Physical jobs or not you need money to invest, aside money some might think the money must be much or else it’s not an investment meanwhile bitcoin investment allows you to buy little gradually using the dca. I don’t know if op is familiar with the dca strategy or else if a person is satisfied with what they earn and decide to buy bitcoin the person should not bother about earning much money through physical means etc.

I don't think it's absolutely necessary to educate our parents about Bitcoin, but it's good to be educated. Because you will invest your money in Bitcoin, parents don't need to know about Bitcoin. Now, if you are considering investing your parents' money in Bitcoin, you should educate your parents about Bitcoin. There are many people who have invested in Bitcoin but they don't have to get permission from their parents, their parents don't know what Bitcoin is. So if you want to invest in bitcoin, first learn to earn, invest small amount every month from your income in bitcoin in DCA method then your parents won't stop you.

Good for you, but whatever you do after this, never tell people how much bitcoin you own or flaunt your money online, otherwise you might be robbed by unscrupulous criminals who hear about it and have to start from scratch.

Also don't sweat over the other people who don't like hearing about Bitcoin or investing money. Not everyone has to be running in the rat race.

I think, you took a good step by learning the Bitcoin and cryptocurrency before planing to invest in Bitcoin to become an investor, and don't forget to invest what you can afford to lose in Bitcoin and cryptocurrency investment, because the investment is different from other fiat investment you can invest all your funds and get results the next month or year. I know your parents will not support you based on what they have heard concerning Bitcoin and cryptocurrency which is not true but it is very difficult for parents to believe that is not true, because they got all those information from the government financial institution that made them not to support you financially or physically to achieve your goal and I don't blame them for such behavior. Well, the story make small sense OP, but at your age 18,  I think you are still a child in this investment and you need to use quality wallets to save your Bitcoin and cryptocurrency for you to experience huge amount of funds that will increase your capital.

You are a young man of 18, I think you have the ability to understand what is good and what is bad according to your age. You have known about Bitcoin since you were 16 years old hearing about it. If you have a good salary and are not dependent on parents, you can invest monthly or weekly using DCA method with part of your salary. But that's not all, you must be experienced with your investments and holding your investments. Everyone's parents believe like your parents because they are not of my generation like yours it will take time for them to understand about Bitcoin.

It's more than expected that older generations are highly skeptical of things they have no experience with and don't fully understand. And conservative approach and sticking to what you know works, may not sound romantic or exciting, but it's a safe way, and you don't want to take too much risk especially when you have children to provide for.
I'd be more worried about parents getting overly exposed to risky investments like crypto.

And way too many people are looking into crypto as an alternative to hard work and acquiring real-life skills. That's a big mistake. There's no reason you cannot do both.

Good to hear that you have an interest in Bitcoin, 18 years old and already invested on it. Being a courageous to try new technologies, i mean new innovations, crypto investments, thats a good sign for potential high returns in a long term investment.

But take note about the security risks, you have to secure your bitcoin to prevent losses and  to be safe from hackers.

Honestly, I like that at the age of 16 you are already thinking ahead.


If I look at the quote you wrote why your parents have not supported you in that matter because at your age, your main task is to focus on education first, not investment, if you are old enough and have a permanent job later I think the decision is absolutely in your hands and you only need your parents' blessing by conveying that you have started to enter and invest in BTC. Rest assured, no parent doesn't want to see their child succeed in any situation.

I appreciate your curiosity and eagerness to learn about Bitcoin and Cryptocurrencies. Gather information about Bitcoin and Cryptocurrencies and another important thing to be careful about is investing. In my opinion DCA is the best way to invest coins. By investing coins in DCA you can get good profits later on. Which will be very helpful for your future. Hope through hard work and investment you will be able to reach your goal .

Interest in investing in Bitcoin will arise when you already have knowledge of how Bitcoin works, so far Bitcoin is still the mainstream in Crypto investment, many investors invest their money in Bitcoin more than other crypto assets. Your desire will greatly help accelerate your development in Bitcoin investment, especially now that you are in a forum that always provides the latest information about Bitcoin developments and also things to avoid after investing.

Your parents' distrust of Bitcoin investment is due to their understanding not yet reaching the level of this industry, Bitcoin is still foreign to them, it is natural that they consider it a scam. The latest breakthroughs are indeed rather difficult to accept for people who are elderly or whose knowledge of technology is very limited, there is no need to convince them to believe in what you are doing because it will only drain your energy.

Do as you have learned and increase your knowledge in this industry to protect yourself from any risks that may cause loss of assets. Continue investing in Bitcoin consistently by setting aside a percentage of your salary, using the DCA strategy is the best choice for you if you want to save assets in the long term.

That's why I never liked the idea of ​​teaching bitcoin to older people or convincing our parents to invest in bitcoin. To me, this is a bad idea because the benefits they get are much less than the risks they face .

But it is confusing when many people try to convince their parents to invest in bitcoin or worse , explain to their parents about bitcoin with the intention of asking their parents for money to invest in bitcoin . Meanwhile, our job is to earn money and take care of our parents, not the other way around, taking their money or putting them at risk . Bitcoin is a good investment but not suitable for everyone because not everyone can bear the risks it brings .

Well if you want bitcoin no one can stop even your parents,because you can hide it for everyone and no one will detect that you have it if you store it in a safe place with a safe password or phase key,you are also right that bitcoin investment is good if we can just hold for a long time,working is not bad but it will never give you huge profit if you only have a work that will give a minimum salary it is not enough for a daily needs expenses so bitcoin is the key just believe on it and have Patience.

Starting at a young age is indeed a good thing, although it's hard to miss out on crypto seeing that the whole world has evolved so greatly that the youth are all indulge in crypto related stuffs one way or the other especially those in the western world. I have also started something for my boys although there are still very small but I am the one doing the savings and the goal is when they get to the right age I know there must have being well exposed to Bitcoin that telling or showing them about it won't be any hassle for me. I believe saving for the young or saving at a young age is key part of knowing someone who has big ideas and dreams.

If you really want to make your life better and you have money to invest in bitcoin and you have tried your possible best to convince your parents and refuse to understand the impact you are trying to bring in to them, and you have your own money, I don’t think it is necessary to wait for their approval before you will invest in bitcoin, since it’s your personal money and not the family money. 
 
However, if you have the knowledge and everything you need to know about bitcoin investment, then seriously, your parents will not blame you at the end of the day because you do the right thing for yourself; moreover, not their money is yours, so even if the investment goes sideways that is not favourable, you won’t bother telling them because you already know they did not support it and you too take the risk on your own. 

Yes it is heard but mostly on top of the loss and nowadays no one tells the real work and those who invest money get scammed and that's why they don't trust anyone because of no one.  Not paying attention to it.  You also know that hard work and struggle is necessary for any work.  Without it you can't even work, earning money is a distant thing.  If they have money, they should improve themselves by investing in a good place or look at what someone is doing.  And such a thing has corrupted our society.  For those who have expertise and experience in their work, the same work is good, although it gives you less profit.  One day it will turn into good money.

This is the right age to step into crypto world, he will earn handsome amount in near future if he invest his capital in right coins on right time. Risks are associated with any type of investment so you have to be courageous to get good profit. Nowadays bitcoin investments are best for short term or long term.

You're right those who convince parents about bitcoin and demand money to invest in bitcoin, it's a really bad idea. We all know Bitcoin is risky so if you want to earn profit by investing in Bitcoin you must hold for long time. If you can't hold for a long time, you may face loss instead of profit. Now if someone takes money from his parents and invests in bitcoins and if his parents ask him to return the money, how can he return the money if he is making a loss on the investment? So it is not mandatory to convince parents about Bitcoin. If you invest with your own income, no one will stop you. So you have to try to earn first and take care of your parents, if you invest your own money, your parents will not stop you.

You should have a long term plan for investing in Bitcoin as short term trading can give you very less amount of profit. Systematic divergence of investments can cause you to miss out on huge profits.

Reading through the posts under this thread, I noticed how everyone is applauding the Op for taking the bold steps by wanting to invest in bitcoins at all costs. It's a good move actually but I like the way you reason. A child of such age should not budden themselves with investment when they are supposed to be serious with their education. Children can be be very influenced and we know how panic investing in crypto can be even for grown up adults. There's no reason to rush investment, it's good to start early though but we shouldn't overlook the consequences too.


The fact that he's trying to seek for parents approval shows that he's still a boy who's under the control of his parents. An adult who who can take decisions for himself doesn't need approval before investing in whatever he has knowledge of and think can yield him profit as long as the money to invest is completely his own. It's very rare to see children of that age independent, they are still under the care of their parents. They also want the best for them but they're being protective knowing that they have no full knowledge of what they're doing yet due to their age.

 OP is very young and has good potential in managing everything, has learned to understand Bitcoin at the age of 16 and now at the age of 18 understands crypto and Investment we think he will be able to design all of this well, at this young age by getting a salary and being able to understand investment provides good opportunities and potential for him.

Yes, doing DCA in making his Investment should be the strategy that he will use to organize his Investment, either done every week or every month according to the provisions.

It's great to see your enthusiasm for bitcoin is really a very good currency and it is possible to earn good profits through investment. Long term investment will give you more returns. If you are over 18 years old then you can invest independently and you have knowledge so risk is less. Parents not supporting not only in your case but in most cases this kind of problem happens because their knowledge about bitcoin is very less. Convince parents well that you are doing good by investing in bitcoin and they will easily support you.

even with this method your parents can dislike Bitcoin but the thing is that anyone who want to invest in Bitcoin should the make a proper research of Bitcoin before the person invest in Bitcoin and if you are convincing someone to invest in Bitcoin let the person know they advantages and disadvantages of Bitcoin investment because there are some persons who come to invest in Bitcoin without knowing the primary things that may contribute to their loss and when there experienced such they will conclude that bitcoin is a scam so that is things that made many people to have such a thought of mind my bitcoin is a scam but when you explain to people very well about Bitcoin they will invest without having a double thought

I'm not sure if there is any coordinated way of storing Bitcoin with a wallet unless you are using Bitcoin on a centralized exchanges that will request you to use a string password and probably an additional 2FA which is not the recommended way to Bitcoin. The best way to safe keep your Bitcoin for long term is though a personal wallet and preferably hardware wallet where you have the way to back up your seed phrase and not password except for encryption of login which something personal for the holder.

At OP don't blame your parents for the things you said, I have accepted that any mistakes that my parent made is because they are in their learning phase and they don't realize early some of the mistakes they made and you might probably get there too one day and understand better about their position. Stay strong and get multiple streams of income as possible and buy some Bitcoin you can afford but don't forget to take care of your need first, that's very important.

The way you guys take this age of a thing too serious surprises me sometimes, at 16 you love to do something and your parents kicked against it and you became happy that you're 18  without stopping to love why you want to engage in and you can go against their voice, that's to show you still see much value  in what you want to do, you're working and earning something, that shows you can give them a reason to believe what you told them about Crypto, and they won't understand what will come out of investing in Bitcoin and I'll say since you know they have no knowledge about Bitcoin you should continue to live up your dream to be a better investor and don't let their words to discourage you in any way.

Hello investors, ready for high volatility in market for next 2 hours with mr.powell..

I'm sure he needs more time to do that. It wouldn't make sense to say anything if he just started his journey, he can only prove a point in front of his parents if his investments start to earn him money because only that will make them believe Bitcoin and cryptocurrencies aren't scams but they are an industry where one can invest and earn money if they know what they are doing.


Parents will never discourage their children, so they were probably not trying to do that but they tend to get concerned and if they have traditional beliefs, it will take time for them to understand what these new things mean and how they work because they have never heard or seen of anything such as Bitcoin in their entire lives before.

Relax my friend, this is only temporary due to differences in assumptions from several general views previously announced by Mr. Powell on the decision to cut interest rates. I think things will turn around quickly and many will smile sweetly in the next few days. Hopefully the situation will be more positive in the future.


It could be, especially if they want to come in and invest without any idea about it.

They could be right if you invest using a bad strategy, imagine you keep investing all your money into Bitcoin and one day the market dumped so much that the news is everywhere and your parent called you to tell you that they told you so, and you end up taking your losses and walk away.

You need a good reason to invest in Bitcoin.
Don't invest all the money you have in Bitcoin.

Bitcoin investment is a risky one, it is a volatile asset, understand this first before risking everything, the best strategy is to use some part of your money on Bitcoin, and always make sure that whatever is going on with Bitcoin won't affect your life, work and safe some money for yourself also, because a time might come when you will need money so badly and your Bitcoin will be the only way.

Invest wisely, have money in the bank for survival, and make sure you are not jobless.

Cases like this happen a lot and most parents do not support when a child is involved in crypto investment. But that doesn't matter as long as we can continue to be consistent and when we have achieved success, we can explain why taking opportunities in crypto to increase financial freedom. Without proof of success, it will be much more difficult to convince parents because maybe in their time, investment in crypto did not exist so they had no view of the pattern or how to invest in crypto.

At the age of 18 having a salary is an extraordinary thing because in the area where I live, at that age, it is still the responsibility of the parents, even though there are some people who already have their own income. If you consistently set aside some of your income to invest in bitcoin, then I am sure you will succeed, so continue the good intentions so you can prove it to your parents.

Exactly, and even in my place, the majority of 18-year-olds are still students and it is rare for them to be able to do activities like people who are married. Usually our parents are a bit dominant in anything and they only protect us so that the path that is being run is attempted to be completed one by one, if they are old enough, then they are supported. But, I see that OP has a fairly broad understanding in reading opportunities and potential at that time.

You're right because some parents only believe in show working that's to say try to believe when they see the positive impact of what you're saying but if he tells them about it when he's just starting they might still say some discouraging words to him. Some parents can only agree with you just to let you go ahead with whatever you feel like doing after every explanation and evidence that Bitcoin isn't a scam, it goes two ways. Convincing parents on such a thing is very difficult and you sometimes wish you never told them.



Some parents won't mind discouraging their children not to do it just because they don't want to know about it and they would like the children to do what they as a parents want, is them trying to control every aspect of the child's life. Fine some might want the child not to fall into the wrong hands, that's the protective ones and some of these parents do listen but they try to be mindful of what their children are getting into. In some situation the parents can even support the child with little funds to start up his investment on Bitcoin because when it goes well for the child he'll be happy to share the good news that's if he learns from a better hand who have more experience in the crypto world.

When I started learning about bitcoin, most people around me never believed in bitcoin, and they think it’s only used by scammers, they tried discouraging me, but they noticed I didn’t listen to them, so they gave up, and all what they could say is I should be mindful of the amount which I will be leaving in bitcoin.

Most of them expected bitcoin to die, but on a daily basis bitcoin is growing, so some of them came to meet me to accumulate more knowledge about bitcoin, which I tried my best to teach them all what I know about bitcoin. Some of them decide to invest in bitcoin, while some of them didn’t invest, even as they understand that bitcoin isn’t a scam. My parents never invested in bitcoin, but they supported me.

If we use our parents' or other people's money to invest, it shows that we are not ready for bitcoin. A person who does not know how to make money and still depends on his family shows that he has no life experience and if he invests in bitcoin, he will not only cause trouble for himself but also affect the people around him. I really don't agree with anyone doing this and it's nothing to be proud of or brag about.

People whose parents are against investing in bitcoin because they depend on their parents. I agree with you, if they invest with their own money, their parents can only give advice but cannot stop them.
If our parents are still healthy and still earning money, we may not need to take care of them yet, but let's only think about investing and doing business when we are able to earn money and are ready to face all risks. Dependence on others is not a good habit for us.

Not all young people get the chance to succeed at a young age and maybe encouragement is needed so that they become more focused. I see some teenagers who are successful in content creation and they can make so much money at a fairly young age. But the problem is they don't have a long-term view with the money from the results so that their lives are just for fun. In fact, if the young person has a long-term view, using the money to invest in bitcoin will be more profitable.

That is why it is necessary to direct them or perhaps try investing in a pattern that they like because the most important thing is that the money they earn from the platform can make them more productive, especially for the future when they live a life filled with responsibilities to their families later.

Very few young people can focus well on accumulating their wealth at a young age and also often we see young people after being able to make a large amount of money as you mentioned they will first think about their lifestyle and very rarely think about investing for their future and I think that is very natural because they are young.  But they also need to think about their future and if there is something that directs them to be able to invest for their future and if they choose to invest in Bitcoin of course this will be very profitable for them in the future.

Investing in areas that are in great demand, of course they will be able to do well, but if they have no one to direct, then this will be very unfortunate when they have a responsibility for their families, later it will certainly be a challenge for them to meet the needs of their families because they do not prepare when they are still young.

People that didn't believe Bitcoin was going to be successful are coming back to learn about Bitcoin because they want to make profits as Bitcoin is now known around the world as an assets that someone can use to generate profits. We believing in Bitcoin is what that have brought us this far but for those that didn't believe, they have missed the privilege to have invested earlier into Bitcoin and be making the profits that we're making. Many of our parents didn't believe us that Bitcoin was legitimate when it started but some believe in us and assisted us with money to use in investing but only warned us to be cautious. I don't listen to people that called Bitcoin a scam because I knew something like Bitcoin can't be a scams. We shouldn't leave anyone behind as anytime they come to realization that they want to invest into Bitcoin, we should help them because if you leave them to go learn elsewhere, they might get cheated.

Look, You discovered one of the most valuable asset I think. When It was 2016, I learned about the bitcoin from the internet and the price was around $600. But my device was not android and also in our country, it was illegal. If I could invest then, maybe I were be the millionaire.

So, I would love to suggest you that since you have some money, you can use a portion of your money for investing in the bitcoin as well as in the alts. According to expert, bitcoin will be the next asset of the world. But you have to make ensure that if you lose all the investments, then there will be no effect on you of it. Good luck. :)

It's never too late to start investing, even though you've passed the best time to invest in Bitcoin, it doesn't mean now is a bad time, if you want you can do it now.
You might think that if you invested when the price was still $600 you would have been a millionaire by now, but not necessarily because there are many things that can affect your mind, when reading the news or when the price of Bitcoin fell sharply from its last ATH a few years ago so you have sold it in a profit that is not too big

You are right. At the beginning of bitcoin journey there were many people who knew about bitcoin but they could not take attention there or they could not establish trust but with the change of time many of them have come back and many are waiting to come. But  regret those investors who missed out on this golden opportunity.

Investors who turned down the chance to buy a bitcoin for $100 may have their biggest regret today. But there is no option to say time is up. Even though there are 21 million bitcoins, the number of people worldwide is growing. Still many people don't know about Bitcoin they too will be interested in Bitcoin investment at some point.. However, the number of investors is increasing gradually and will continue to do in the future. Considering from this point of view, those who are holding Bitcoin today will also have the opportunity to own a large fortune from Bitcoin.

When I started sharing the idea of bitcoin many of my friends oppose my suggestions of bitcoin, the funny thing is that most of them don't want to hear anything that has to do with cryptocurrency, but now those sets of friends that condemn bitcoin idea in 2013 is now investing in bitcoin almost everytime bitcoin drops in value, so if you're passionate of bitcoin or any other investment you wants to venture into, you have make a positive research of it before you joined the business.

You can’t blame your friends for being sceptical, Bitcoin was not as popular as it is now back in 2013. I might have heard about Bitcoin in 2014 but it was mostly through pyramid schemes and when the ponzis crashed, victims would blame it on Bitcoin being a scam. It’s safer to let people invest in bitcoin on their own terms so you don’t get caught up in their drama when the markets dumps or if they lose their keys.

I believe it has happened to everyone who has tried to introduce people to BTC, however, i understand why people react that way, and it is because of what they are exposed to in the mainstream media, the media always talk about BTC like it is a scam. If a person makes a mistake and loses their BTC, the same mistake they could have made and lost their fiat, the media will make the news all about BTC and how risky it is. It takes only a few minutes of research to know they are wrong, but many people are simply lazy.

Bitcoin was popular in 2013 because according to statistics and backdate of when bitcoin became known to people, it was 2010 because it was launched in 2009, what makes people to think that bitcoin has started now or few years back is because is when they started making use of internet, that's the things I note down that make people to give excuses, bitcoin was well known during the time 2013 and many people has already picked interest for the technology because they have foresee what bitcoin will become and that's why they invested in Bitcoin.

This goes beyond that, most of the time bitcoin is promoted as a fast way to earn money by those that present it to other people, so they become wary as that is the way most scams are promoted and they cannot help themselves to become skeptical about it, which is understandable but it is also their loss, since bitcoin has been one of the assets with the highest growth during the last decade, and while we cannot expect the same kind of growth to happen, the performance bitcoin will have during the upcoming years will still be great.

Some people think Bitcoin is new but that is not true. Bitcoin started in 2009 and became popular in 2013. Early investors saw its potential and put their money in. People are only noticing now because more people are using internet. We should recognize Bitcoin history and people who believed in it from the start. And many from us think that this is too late to invest so this is also wrong thoughts we have time now. We can use many strategies for accumulations like DCA.

Hey! You did well and earned well. In fact, the success of Bitcoin is due to block chain technology. And therefore there is no fear of cheating and fraud in it. It is advanced and modern technology. And the new generation or youth understand and know these changes better. Some people are still stuck in the traditional way. Their mind does not accept any changes. They do not know the potential of bitcoin.
However, you joined Bitcoin at the right age and you have long run to play. You have the life to learn and earn. You can organize a good team to work with you and you can invite  guide, and give good presentation to your team.

Continue to stick to the principle even though you do not get support from your parents, when you have enough funds and know how Bitcoin works, then never hesitate to invest your hard-earned money in the form of Bitcoin because the results will be commensurate with what is expected. On the bright side, you try to understand their angle and the era they are coming from. Leave your parents alone in principle because it is very difficult to convince them of the great potential that can be gained from Bitcoin investment. What you are doing now starts with trust, which is why many people believe that Bitcoin will become more valuable in the future, especially now that Bitcoin is more popular than ever.

It's the same for everyone. Your parents may not be as knowledgeable about technical matters as you are, so things that you can easily trust and invest money in, your parents cannot easily invest money in. It will take a lot of time to convince your parents that investing in this online platform has the potential to return your money later. If you need to invest money from parents then you must first convince your parents and then invest in bitcoins.

Some of they don't have a cogent reasons, they thought that your purpose or intentions of introducing them to Bitcoin is as result of you want  to lured them into scam, sometimes I blame some persons who criticised Bitcoin blockchain without a cogent reasons, whereas internet is available and they can make their funding through Internet.

I know Bitcoin through one ponzi scheme skill called MMM and nobody introduced me, when I saw the currency I began to make research concerning the currency, after my findings I concluded that bitcoin will be a good currency in future and that was how I started bitcoin investment, but years back when you introduce people into bitcoin they will condemn it, but currently so many people embraces bitcoin.

It is very natural that in 2009 to 20-13 many people considered Bitcoin new because at that time very few people had heard of Bitcoin and were even skeptical of Bitcoin, but over time Bitcoin became a valuable asset so that almost everyone knew what Bitcoin was. Finally many people began to study the history of Bitcoin, Technological advances indirectly also changed all aspects of life, one of which is financial issues. This is the extraordinary thing that emerged from the development of Bitcoin technology.

Although many of us have only known about bitcoin in the last few years, believe me, investing in bitcoin will never be too late because bitcoin will continue to grow over time, especially with a limited supply, of course everyone wants to have as much bitcoin as possible. And to be part of those who want to succeed with bitcoin, the most appropriate strategy is to use the dca strategy, the point is it is never too late to invest in bitcoin.

If you compare it to precious metals or the stock market...bitcoin is like a newborn baby. Not to mention, even though it has become more popular, what percentage of the population knows about it and invests in it? As far as I know, less than 10% of the world's population has invested in it and if you ask around how many people have invested in it, you will find that it is still a new asset class that many people are not aware of.

Many people think that investing in gold has become outdated because it is almost saturated and does not have much volatility. Likewise, if bitcoin is no longer new, then it means people were right when they said it was too late to invest in bitcoin. But obviously it is still very new so the opportunity to invest in it is still huge and is being shared equally among all those who know how to seize the opportunity.

With a market capitalization of just over $1 trillion and recent interest from Wall Street and governments, it is safe to say that Bitcoin is still a new asset with great potential for future growth.

Honestly the fear of his parents are simply there are believe system of some people especially must old parents who has refused to adapt to learning new things, some people don't believe that certain knowledge of things will increase they feel whatever that has to do with online is scam, they are only being conscious of their son not to fall in to scam, they are not seeing any possibilities of a positive outcome especially then he was just 16, even thou their is no age limitations but it is better now that he 18 which makes him to take responsibilities of is action anf reactions, but yeah if only he doesn't completely rely on his parents or family members for his up keep surely he can can invest in Bitcoin with his disposable income after ensuring he also has the plans of building an emergency funds to ensure consistency through the DCA strategy of accumulating Bitcoin.

You have made a good decision to learn, what will brighter your future because there is no way you will start accumulating BTC at this age, when you will not succeed in the nearest future. At age 18, is a good age to do exploit in BTC investment because it will be easy for you to learn fast to improve to make your parents Happy for what you have learned from BTC and crypto industry.

Since you have saved enough money in your working place, to embark on this journey that will profit you in the nearest future, I guess it will be better if you can start planning the type of business you will include in BTC investment because is not  good to remain in one source of income forever, if you want to last long in your wealth.

It is normal that people may not have the sane level of understanding which may cause them not to be in support of what you are doing, but the most important is to just have focus of what you are doing, have good understanding about it and make sure it becomes successful at the end. The success at the end is one what can speak and give the people a better understanding. It is very normal that people are always interested of seeing a positive result.

In bitcoin you don't really need the support of people,  all you just need is just to have a steady source of income , get understanding of what you are doing. Even if you get the support you want and you don't have understanding of what you are doing it will end up a failure. Just focus and do the right thing.

You are lucky that you have entered the cryptocurrencies landscape at early age, as it would  certainly lead to significant benefits in your future life.I wish I had gotten on Bitcoin train in 2009 when Bitcoin was launched, but i was not so lucky. I entered the cryptocurrencies world in 2017 when Bitcoin had just begun to make headlines in news media and its price reached more than 17,000 dollars. Looking back, I believe I had made the right decision, as it has brought positive change to my financial life.

Most people still believed that bitcoin is not legit and it is for fraudsters. And some of them are afraid because of what has happened to them online. At first I was also afraid because I have been scammed many times online. And it was a seminar that I new about bitcoin first but at that time, the instructor didn't mention bitcoin but cryptocurrency and based on some challenges, I left the move to join the link and in 2021 I was introduced to this forum and my bitcoin knowledge became full again. Op you have to face challenges in your life and not hoping on anyone. Earlier is the best that you realize, you are growing everyday.and since you have joined cryptocurrency market world, invest in long term and continue your research.

Not that lucky, but it doesn't matter even if you only know bitcoin is high but have felt the increase in bitcoin in several cycles and that is an extraordinary thing.

Many people in 2010-2011 when they already knew bitcoin they just threw bitcoin away because it was worthless which in the end regretted after seeing the increase so high. The name is also regret, it is better to look forward than look back.

Many people have changed their lives for the better because of bitcoin, they started investing from small money when prices were low and are now high because they still hold it, this is a great achievement they get.

It is true that there are still many people who do not know about Bitcoin. As they haven't knowledge they can never utter positively about it. This is why older people who are not familiar with Bitcoin do not influence to others. Again those who knew about they invested.

In regards to many who think they are late to Bitcoin investing, I would say that Bitcoin has often moved to higher positions or get new all time high. So those who are not investing today because they are late will be repeating these same words in the future. Bitcoin is not another ordinary coin where new coins can be replaced. So first of all one should have acquire knowledge. Anyone who takes a long-term plan in Bitcoin investment and follows DCA can benefit from it.

I guess everyone here felt afraid to invest in bitcoin at first knowing it's a highly risky asset. But with thorough research and studies about bitcoin, we started to see the real potentials of bitcoin and invest on it with trust and confidence. It takes time, but it's definitely worth the risk and price when bitcoin investment starts to paid off. Patience is a very important key, and of course knowing how to handle investment will make you successful with bitcoin.

You are absolutely right that awareness about Bitcoin is low, according to some estimates only 10-15% population of the world understands Bitcoin, while 60-70% have heard about it. Spreading knowledge and understanding of its utility as method of payment and a precious assets for long term investment  about Bitcoin is a challenging task for institutions those have massively invested in it.

However, I am pretty sure this awareness will grow with the passage of time as governments will progress towards its regulatory framework for adoption.