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Author Topic: My mother is 70 ...  (Read 1557 times)
bedford1972
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April 22, 2018, 09:54:49 PM
 #101

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

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michellee
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April 23, 2018, 05:29:48 AM
 #102

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

That tells me while we may not be mainstream yet, we are getting there.
Why do you advise my mother not to invest. Why can you and she can not? Help her so that she does not lose her. Read what is worth buying now. Recommends ATL. I have already earned 0.4 ETH on exchange in a few days.

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

Coleth
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April 23, 2018, 05:42:55 AM
 #103

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

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

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