I have my mother almost convinced.

[Daniel91]

You did really great job, because, from my experience, it's very hard old people convince that bitcoin is the ''real thing''
but, as match teacher, I guess she had a very good foundation to understand Bitcoin concept.

[bitcoinminer007]

I think you can starting trading with Bitcoin. I suggest you to learn and collect information about Bitcoin. It is really important to have good knowledge and update information about Bitcoin market.

[guybrushthreepwood]

I think you can starting trading with Bitcoin. I suggest you to learn and collect information about Bitcoin. It is really important to have good knowledge and update information about Bitcoin market.

Did you post that in the wrong thread or something? I don't see how it pertains to this thread.

[whysosweet]

I tried to convince my grandmother to adopt bitcoins and I found that she likes the Trezor wallets.

[J_Dubbs]

I wouldn't credit a math teacher with knowing about free market economies, etc. I am sure she is smart and good at what she does, and this at all is not me trying to rank on anyone's mom, but through life I have learned there is risk associated with giving advice. For people without disposable income and a high risk-tolerance for investing my going advice is stay away from BTC. Sure I'm in BTC, and yes that usually confuses most people when I tell them don't bother, but I've been trading stocks for over 15 years and have no problem with uncertainty and losses, most teachers aren't quite as comfortable with those risks. If I make a lot of money on BTC that is great, but if I recommend a friend (or family) to buy and they lose a lot of money then I will be associated with the loss, or at the very least will lose credibility with them. Back in retail financial services I saw this a lot, broker picked a loser and the client blamed him/her, broker picked a winner and client would convince themselves it was their own idea, all the blame and no credit comes to the one who provides advice. I also know this from my own youth taking bad advice on tech stocks, various friends and family had 'tips' and 'info', being young and dumb I'd act on these things and even 15 years later I have myself convinced the people I took advice from are untrustworthy. To each their own, but if your mom blows her retirement savings speculating on BTC she'll have to live off your college savings, assuming that exists. Also keep in mind, while we have all been watching BTC move sideways the S&P500 has been moving up all year, meaning the benchmark is not 0% gain and hodling has implications as opportunity cost. So far in 2014 BTC is one of my least fruitful investments, and for that reason alone I would be very hesitant to pump up the expectations of an unsuspecting newbie, let alone a parent. BTC is cool and I have high hopes, but for someone on a teachers salary and unaware of the complexities with cryptocurrency (and associated taxation) I'd say it's not appropriate for them to invest in.