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Author Topic: Altcoin is good. It’s hard to persuade parents to invest in it.  (Read 3641 times)
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November 12, 2021, 08:17:54 PM
 #341

Disagree. The middle aged people I know got a real big bite for risk. Pops included. If your conviction of something is great enough, they may bet on it without even know what it is hahaha.

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November 12, 2021, 08:30:01 PM
 #342

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?
Of course, your family will lose a great opportunity to get rich, but it is good that you are here with us in the crypto market. You can invest your money and make a good source of income for your family life. It is difficult to convince middle-aged men that investing in cryptocurrencies is profitable and has great advantages. They only know investing in stocks, gold, and real estate, as for the blockchain, which is the technology of the age, it is like an incomprehensible matter for them, so you have to show him your profits and tell him that the investment is really full of risks, but it is worth it because it is very profitable to a degree beyond his imagination and I see that if your father invested in cryptocurrencies and taking profits that double his capital, he will forget to invest in stocks.

It's not easy to convince, you need to have more proof and convincing efforts to allow them to understand,

traditional investment or businesses are more easy for them to take part, while with crypto a lot of technicalities

are needed to be explained well. You can definitely convince them after showing them every success that you gain from

this market. Your actual success will be your tool to encourage those people you love.
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November 12, 2021, 08:38:20 PM
 #343


A lot depends on demand in crypto. Now, the crisis raises and there is a big demand for lending platforms. Lending platforms are popular now and some people earn money on providing liquidity for lending platforms. New lending platforms appear now like this https://twitter.com/agiledefi/status/1451462447869710340

Now there is a big demand in lending platforms. It is good that thanks DeFi lending platforms creditors and borrows can choose the best conditions for them.

Now many people lost their jobs and it is very difficult to them to get a bank credits. That is why DeFi lending platforms are popular. They allow all people to get loans and find and good conditions for themself.

Although there is much talk about Defi platforms for loans, it is difficult, because each platform asks for its collateral poropio, in this money it is very difficult to give an unsecured loan, everything has its price, and just like a person who has been left without a job , which is quite unfortunate, nothing more can be done, how could a person without work respond for a loan? The only reliable way that I still see is to request a loan at the bank level or with a credit card because it is the easiest way to solve any emergency that is seen these days, the most sensible thing is not to request very large loans, because the debt is something quite strong, especially when you do not have the resources to generate money.

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G-Money7777
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November 13, 2021, 04:20:21 AM
 #344

OPCT should do really well over the next few months. Up 40% today and a competitor to Filecoin, Sia, and Storj.
WAY more potential to 50x - Market cap is only 50M too!

Active CEO with video updates, Polygon AMA November 17th, Active Community, and a User-Friendly Private Storage solution
with the mobile app releasing in December. Check it out and at the very least... try the free plan!

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November 14, 2021, 05:55:58 PM
 #345


A lot depends on demand in crypto. Now, the crisis raises and there is a big demand for lending platforms. Lending platforms are popular now and some people earn money on providing liquidity for lending platforms. New lending platforms appear now like this https://twitter.com/agiledefi/status/1451462447869710340

Now a lot of DeFi tools and products appear and investors have a big choice of different products. Thanks DeFi financial services available to everybody.

Cryptocurrency industry is actively developing and a lot of useful projects appear.
Now investors have a big choice of different products, but it is very important to check all the information.
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November 15, 2021, 03:08:00 PM
 #346

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?




Crypto is not for everyone, you should research it before trusting in its benefits. Some people prefer other ways of investment because they are familiar with those ways.
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November 16, 2021, 05:49:44 PM
 #347


A lot depends on demand in crypto. Now, the crisis raises and there is a big demand for lending platforms. Lending platforms are popular now and some people earn money on providing liquidity for lending platforms. New lending platforms appear now like this https://twitter.com/agiledefi/status/1451462447869710340

Now a lot of DeFi tools and products appear and investors have a big choice of different products. Thanks DeFi financial services available to everybody.

For users is very important how profitable comfortable and secure is a tool. They are looking for a better conditions and use that platforms that can offer better conditions.
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November 17, 2021, 12:53:36 PM
 #348

For users is very important how profitable comfortable and secure is a tool. They are looking for a better conditions and use that platforms that can offer better conditions.
Convenience and security only exist on platforms that are already popular and applications that are very trusted, because the developers who are already rich will always take care of their users very well, so keep choosing the best and popular over the new.
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November 17, 2021, 06:49:26 PM
 #349


A lot depends on demand in crypto. Now, the crisis raises and there is a big demand for lending platforms. Lending platforms are popular now and some people earn money on providing liquidity for lending platforms. New lending platforms appear now like this https://twitter.com/agiledefi/status/1451462447869710340

For users is very important how profitable comfortable and secure is a tool. They are looking for a better conditions and use that platforms that can offer better conditions.

Now investors have a big choice of different products.That is why the competition among cryptocurrency projects is very high. But in such market with a big competition only the best projects can survive.
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November 17, 2021, 09:33:18 PM
 #350

Well, it all boils down to the knowledge and exposure we gain. Some senior members of our society may even know crypto more than the younger population. So dont give up on them yet, mate
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November 18, 2021, 07:47:54 PM
Last edit: November 18, 2021, 08:47:10 PM by UDONNA
 #351

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?
Let the older generation invest in those traditional financial instruments that are more understandable to them, and you will invest in new crypto technologies that are more attractive to you. Thus, within your family, a certain balance of risks will be achieved.
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November 19, 2021, 02:49:06 AM
 #352

Well, it all boils down to the knowledge and exposure we gain. Some senior members of our society may even know crypto more than the younger population. So dont give up on them yet, mate
Cryptocurrency is always more helpful to everyone who knows how to use it, because in it there is a lot of knowledge and unlimited income even though the risks also often go in the direction of the profits.
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November 20, 2021, 04:34:20 PM
 #353


A lot depends on demand in crypto. Now, the crisis raises and there is a big demand for lending platforms. Lending platforms are popular now and some people earn money on providing liquidity for lending platforms. New lending platforms appear now like this https://twitter.com/agiledefi/status/1451462447869710340

Now a lot of useful products on blockchain appear. DeFi platforms are popular because they make financial services available to all the people in the world. Thanks lending DeFi everybody can borrow assets.

For DeFi platforms liquidity is important. More liquidity, the more liquidity pools the better conditions for users, more users.
That is why it is very important to pay attention to liquidity.
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November 20, 2021, 04:46:54 PM
 #354

I believe that with enough crypto adoption from many countries these days, convincing our parents to invest in crypto shouldn't be a problem. The problem is that, we try to make them understand almost every single aspect like Blockchain, DeFi, Staking, Farming, Launchpool, Metaverse (now), etc., but the real fact is that, they are interested only in making money. So why not show them some results after investing very small amounts by yourself and tell them that if they'd have invested in the same tokens you did, wouldn't they make the same or even better profits based on their investment amounts?

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November 21, 2021, 05:35:48 PM
 #355


A lot depends on demand in crypto. Now, the crisis raises and there is a big demand for lending platforms. Lending platforms are popular now and some people earn money on providing liquidity for lending platforms. New lending platforms appear now like this https://twitter.com/agiledefi/status/1451462447869710340

For DeFi platforms liquidity is important. More liquidity, the more liquidity pools the better conditions for users, more users.
That is why it is very important to pay attention to liquidity.

Without liquidity, it is impossible to survive. Now the competition between liquidity pools is so big that is why users have a big choice of different liquidity pools to find better conditions for themselfs.
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November 22, 2021, 07:51:52 AM
 #356

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?



We are both in the same situation. Though here in our country, people now are recognizing cryptocurrency. Yet they are very eager and aggressive to learn and invest. Though my family are not yet convinced and they thought it was all scam because they think it is too good to be true. During desperate times, because of this pandemic, our family struggles in our everyday living. And the only thing that I think that will help us to earn big is to invest in crypto. But they are very hesitant. Anyway, it's their money, their life.

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November 22, 2021, 01:56:35 PM
 #357

In my country, It's never an easy one to persuade our parents to invest in crypto cos they never believe or have a fate in it ever since the government placed a ban on it. To them, digital currency is a scam and they can't afford to lose their money by investing.
Up to date, most of our parents find it hard to get themselves acquainted with the digital era. Talk more of when you persuade them to invest in what they don't understand easily. They prefer the analogue era of investing in what they can see or feel the impact immediately

R


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November 23, 2021, 09:13:29 PM
 #358


A lot depends on demand in crypto. Now, the crisis raises and there is a big demand for lending platforms. Lending platforms are popular now and some people earn money on providing liquidity for lending platforms. New lending platforms appear now like this https://twitter.com/agiledefi/status/1451462447869710340

Now many people pay attention to the liquidity of cryptocurrency assets.
Liquidity means stability and that the asset is in demand. That is why liquidity is very important.

Liquidity is very important for every project. It must be simple to buy and sell tokens of the project.
That is why it is very important to add new listing and new exchanges to increase the liquidity of the coin. Smiley
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November 23, 2021, 11:00:01 PM
 #359

persuading people to invest in crypto is not an easy thing. because i've never felt like you did at that time.
but my advice, don't force someone to invest in crypto. because if those you force to invest in crypto do it with the thought of just wanting to get rich without thinking about risk, that would be very bad.
considering that understanding investing in crypto is not easy and takes a long time to avoid losses.
but i have a suggestion for you, i've done this and it worked. you just keep telling your father about the benefits of investing in crypto and the risks. after that, if you get a profit from your investment, you need to show it to your father so that the desire to invest appears in your father's mind.

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November 24, 2021, 06:49:07 PM
 #360


A lot depends on demand in crypto. Now, the crisis raises and there is a big demand for lending platforms. Lending platforms are popular now and some people earn money on providing liquidity for lending platforms. New lending platforms appear now like this https://twitter.com/agiledefi/status/1451462447869710340

Liquidity is very important for every project. It must be simple to buy and sell tokens of the project.
That is why it is very important to add new listing and new exchanges to increase the liquidity of the coin. Smiley

To increase liquidity some DeFi platforms offer several liquidity pools that users will have better condition and will be able to choose what conditions are better.
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