Oh.. I really do not think it is a smart move to convince and persuade. Especially not relatives.
People should be informed so that they can make a decision for themselves if they want to make an investment. Bitcoin is not a sect.
Do you really want to be the guy responsible when relatives lose their money? Because you would be the one who draged them in.
That could really harm the peace in your family.
Great points and I completely agree with you here. OP needs to realize that this an extremely volatile crypto market where the coin values fluctuate like crazy most of the time which is why there is a huge degree of risk involved here and being responsible for someone else is not a joke. If your relatives are genuinely interested in the crypto market, they should be made aware of the risks that come with it. Instead of convincing them, I would focus on helping them learn the basics of crypto world and how everything works in the crypto market. Also, it would be better if they started investing small amounts rather than big amounts.