Altcoin is good. It’s hard to persuade parents to invest in it.

[Arvin01]

You can try to get your parents to use your account to do this again. If they see that they have made money, they will believe and maybe join the cryptocurrency market.
Many older parents are not open-minded and are not easy to accept new things. Because they have their own habits.
If your parents are unwilling to invest, you must respect your parents' ideas. They will not force you to accept new things in new areas.

[cunguks]

Everyone is free to think about whatever they want. If I am right about something and they don't listen to me, it will be them, not me, who will lose something.

So OP, don't be sad about this and invest more.

Actually there is no need to be listened to by people about every advice you give because other people also have their own thoughts in terms of investment and have their own way of carrying out each of their jobs.

it would be better if we focus on what we can do. there's nothing wrong with listening to suggestions. but the suggestion was not the final result. we have to do our own testing and analysis. we cannot depend our fate on others.

[ene1980]

Maybe parents like your father are not very interested in what you have now because maybe he still holds his own old way of investing in stocks which he has never known in today's masses, let alone plunged into the world of bounty hunters, maybe he is still holding on to a different way.

OP is talking about investing in altcoin projects and not collecting bounties. Investment in stock is not much risk compared to investing in new projects as you can never trust whether the project will launch after investing your money and you need to have the trust of the developers to even think about investing and hence the risk is really high and no one will think about risking that much money and hence you cannot complain them either.

[Desmong]

Yes it's very hard to convince the middle age to invest in cryptocurrency and it's making them to give bad orientation to the young ones coming up. I don't think I could vividly remember how much I've made I just only investing in Bitcoin alone. There is much gains and assets in investing in cryptocurrency and I would want to op to try as much as possible with evidence to convince is people about how versatile one can made money in cryptocurrency. You can decide to trade, stake coins, hold and a lots more.

[mirakal]

Don't generalized it, it always depends on their knowledge of crypto as it will have to come first before they will decide whether to invest or not. it's not easy to explain to them but you can always explain brief information and if they are interested, they'll eventually make their own research and I'm sure they will find all the information they want to know as it's just free to access on the internet.

Digital currency is the future, and the decentralized systems could be the future as well, so regardless of our age, we need to be aware and we have to move as the world is moving.

[sammy21]

It is natural that an investor will not invest in something they do not understand or they do not have sufficient knowledge about, it takes extra patience to teach them about crypto, starting from blockchain and the technology in it so that they can see the potential in crypto.

[mrjoy15]

None of my friends and family members are into crypto and consider it a scam or something without a real value (except my gf , she is into this as much as me).

But it gets worse.(off topic) My high school was focused on chemistry and microbiology and now I continue studying chemistry.

My father in law keeps saying that I don't know what I'm talking about when we talk about some virus because he read something else on Facebook and this is all a conspiracy.

This hurts me but I can't "look for a new one"

So just accept them as they are and don't bring crypto in the discussion.

Resident of every poor and under developing country demonstrate the same things. I can relate with your memories, my friends and family members unaware of the virtual currency like BTC and other cryptocurrencies. They treat this sector as scam and threat to them, the communities. Things getting worse when government declare it risk and impose strict rule over using it. Such a insufferable scenario are passing surrounding.

[Lantind]

It is natural that an investor will not invest in something they do not understand or they do not have sufficient knowledge about, it takes extra patience to teach them about crypto, starting from blockchain and the technology in it so that they can see the potential in crypto.

Nowadays teaching others about cryptocurrency is very difficult, unless you have a lot of free time for other people, because on average now everyone has their own job so they think more about themselves than having to think about others which in the end will also not be appreciated with anything.

[Gayong88]

In my opinion, it just depends on the moment and era. What is certain is that our parents had the best investment choice in their time, namely gold. because it is a safe haven. and for now I think there will be many parents who have a visionary view and follow the developments of the times especially one of their family members has started learning to invest in the world of the money market correctly even though the price is very volatile compared to the investment of our parents.

[Dewiana]

Because parents have not yet experienced how the movement in the crypto business is, if they have tried they will definitely be interested. If parents usually need to be taught in detail all the business because experience and lack of information also affects. they consider again that altcoins do not yet appear significant with bitcoin that is also one reason

[Webetcoins]

Because parents have not yet experienced how the movement in the crypto business is, if they have tried they will definitely be interested. If parents usually need to be taught in detail all the business because experience and lack of information also affects. they consider again that altcoins do not yet appear significant with bitcoin that is also one reason

This is not logical because they have much better experience than us, and they can understand, but we need to give them some better and positive of way of education about this all.

I know many peoples those love innovative concepts and love to invest things like this, but they worried because they have no proper education and knowledge about this all, so they never give try but still few peoples jumps with all hurdles as well but have some good end of their this journey. In many families we have very good system if someone have new thing he tries to give all information to them, and they have good involvement.

[SarangWallet]

Crypto is not popular in my homeland. People in my homeland love to invest stocks and bonds. And real estate is the most popular investment. Only few people invest in crypto. My dad loves to invest in stocks but he seldom has a positive net income from the stock market. It’s the fact that crypto is a better tool to earn money, especially for the Altcoin. Then., I try to persuade my dad to invest in Eth and BNB. They’re worth to invest. Take myself as a good example, I spent the weekly pocket money on my first Eth two years ago and earn more than 10X of money. It seems that Eth is still going up in the future. It’s a good investment during this economic recession period. I tried my very best to persuade my dad to buy Altcoin like Eth and BNB but he thought that crypto was very risky and unreliable at all. Investing in crypto is the best way to earn money in this economic recession. It means that my family loses the chance to become rich since my dad does not invest in crypto.
It’s hard to persuade those middle-aged people to invest in crypto. Do you think so?

Investing in shitcoins is too risky. Even buying Bitcoin in a bull market is risky, you get rich quick, or get poor quick if you buy and enter a bear market. As you are almost 100% sure that once a new bull cycle begins, the price will not fall to such lows again. You can't say the same about an alt that can fall to the ground at any moment.

[sulendra12]

1. It's virtual, so most of the parents can't be convinced to use cryptos  because they can't prove it "physically" to other people from what I have talked to other "old" people in my city. The feeling of having stuff virtually and physically are so different, so it does makes sense why they refuse to invest in cryptos.
2. Risk of losing. They know of how volatile the cryptos and they don't bother to take the risk of losing their money.
3. It's used in "criminal" crimes. That statement let alone already explained. Their mindset already focused with cryptos = criminal crimes and etc.

[Kezacky]

in general, not everyone understands about cryptoqurrency, about bitcoin, about blockchain technology, what benefits are generated and so on. but I have faith that someday people will say regret that they didn't get to know crypto in the first place. . in the same case when I regretted not buying BTC,altcoin etc, when it was cheap since it was first released.
from this, we can understand that there will come a time when everything will be decided by itself.

[Mauser]

It’s hard to persuade those middle-aged people to invest in crypto. Do you think so?

My parents are not middle aged anymore, they are already retired but still they have heard about bitcoins and crypto currencies. My family knows that I am involved with cryptos for years now and they keep asking me about it regularly. There is definitely some interest about the new asset class but investing they don't want. My family holds most of their money in cash at the bank which is the worst kind of investment right now. They don't get any interest and have to pay fees and lose money due to inflation. I don't know how to convince them to invest into cryptos. Going straight for alt coins might be a bit risky, but atleast buying some bitcoins would be a good thing for the. Everytime I see my uncle he keeps asking me about bitcoins, he is very interested, but everytime I ask him if he wants to invest a little, he just says in the future. Hard to know why he is still afraid because prices went up so much offer the last years. It would be nice if we can get more older people involved with cryptos.

[budi691]

maybe the times are different finally parents are not interested in crypto, parents are trained with exchanges they have studied for years, so they don't want to learn crypto because they are afraid of the risks, unlike the stock exchanges they have studied, they already understand the risks involved actually,
but not the least for parents who are open minded about crypto, they want to learn about crypto and with a basic knowledge of the exchange they can finally become reliable traders in the crypto market,

[budi12]

Crypto is not popular in my homeland. People in my homeland love to invest stocks and bonds. And real estate is the most popular investment. Only few people invest in crypto. My dad loves to invest in stocks but he seldom has a positive net income from the stock market. It’s the fact that crypto is a better tool to earn money, especially for the Altcoin. Then., I try to persuade my dad to invest in Eth and BNB. They’re worth to invest. Take myself as a good example, I spent the weekly pocket money on my first Eth two years ago and earn more than 10X of money. It seems that Eth is still going up in the future. It’s a good investment during this economic recession period. I tried my very best to persuade my dad to buy Altcoin like Eth and BNB but he thought that crypto was very risky and unreliable at all. Investing in crypto is the best way to earn money in this economic recession. It means that my family loses the chance to become rich since my dad does not invest in crypto.
It’s hard to persuade those middle-aged people to invest in crypto. Do you think so?

I think, high risk and volatility is not what prevents them from investing, because they can start with small amounts. If the problem is high risk, low investment will be the solution for them, still they are not interested in it. It's hard to persuade older people to get into crypto investing because they can't see the potential, they can't see it returning huge profits all the time, so they ignore it.

[DU18]

Crypto is not popular in my homeland. People in my homeland love to invest stocks and bonds. And real estate is the most popular investment. Only few people invest in crypto. My dad loves to invest in stocks but he seldom has a positive net income from the stock market. It’s the fact that crypto is a better tool to earn money, especially for the Altcoin. Then., I try to persuade my dad to invest in Eth and BNB. They’re worth to invest. Take myself as a good example, I spent the weekly pocket money on my first Eth two years ago and earn more than 10X of money. It seems that Eth is still going up in the future. It’s a good investment during this economic recession period. I tried my very best to persuade my dad to buy Altcoin like Eth and BNB but he thought that crypto was very risky and unreliable at all. Investing in crypto is the best way to earn money in this economic recession. It means that my family loses the chance to become rich since my dad does not invest in crypto.
It’s hard to persuade those middle-aged people to invest in crypto. Do you think so?

I think, as parents of course they have had so much experience in life, so when you ask them to invest in crypto, of course they will think very hard and evaluate every risk that exists, and of course they have strong reasons and they may not disclose to the OP why don't they invest in crypto.
Crypto is an investment that is starting to trend right now and parents may find it difficult to learn about it, so makes them reluctant to invest in crypto in my opinion.

[Slon55koz]

You can try to get your parents to use your account to do this again. If they see that they have made money, they will believe and maybe join the cryptocurrency market.
Many older parents are not open-minded and are not easy to accept new things. Because they have their own habits.
If your parents are unwilling to invest, you must respect your parents' ideas. They will not force you to accept new things in new areas.

Many parents are too conservative to want to understand cryptocurrencies. They are used to living their own lives and deny everything new and incomprehensible. Probably the best way to let them know that the cryptocurrency market is a great place to earn money, show your profit, withdraw it to fiat. This way it will be clearer for them and they will understand that money can be earned without leaving home.

[kanayaTabitha]

Many parents are too conservative to want to understand cryptocurrencies. They are used to living their own lives and deny everything new and incomprehensible. Probably the best way to let them know that the cryptocurrency market is a great place to earn money, show your profit, withdraw it to fiat. This way it will be clearer for them and they will understand that money can be earned without leaving home.

It's normal when our parents age is more than 50, i'm not blaming them for being denial because they don't even get the digital knowledge when they was young so they would not know digital assets could be worth so much in this current era.
The only way is let them think their own way and don't ask money to them if we want to invest on crypto but earn it by doing airdrops or bounty then the rewards allocate it for further investment.