My mother is 70 ...

[Samueltalk]

My dad loves bitcoin, so he invests in bitcoin.

[amspec]

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

[binting]

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

People also commonly say that a stock or asset is in a bubble when your grandmother is buying it.  The age range that they're talking about is people who are about 70, especially lay people.

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

What's this obsession that people have about "going mainstream"?  Can't it just be what it is, an experiment in cryptography, and then find out what it becomes used for?  Especially when the idea of "going mainstream" is just putting money in it, not actually doing anything with it.

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

[Dalziel Martinez]

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

[Conal Garcia]

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

[bitadviser]

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

[qiman]

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

[xhoondilan]

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

[Discourze]

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

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

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

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

[vorseb]

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

[jinnyjinny]

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

[Hans17]

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.

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

[michellee]

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.

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

[airdnasxela]

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.

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

[blue_nexus15]

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

[marjil]

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

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

[neliawesome]

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

[daarul50]

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

[Topaz72]

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

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

[lillyann]

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.