Dangerous insights on bitcoin Investor

[Fara Chan]

Many people do not take a good look at investing in bitcoin. They think that investing in it can lead to many problems.  Moreover they may face unexpected losses. They are worried about investing in btc. But they don't know that investing in BTC is the most profitable. And if you invest in it, money is guaranteed. Those who don't know who to inform about it.  .and ask to come out of misconceptions.

Those who are still worried and doubtful about Bitcoin investment don't need to make it a problem or anything, because they will eventually realize when they see the profits made by Bitcoin investors this year. I'm pretty sure that people who haven't paid attention to Bitcoin investors will naturally do so by setting their attention on Bitcoin because basically they also really want to make a profit through Bitcoin which will ultimately try to learn investing themselves. So you don't need to waste time on those who are still worried and doubtful about Bitcoin.

[1714786875]

1714786875

[Rabata]

In this situation,i think the boy is to be blame,he should have explained to his parents initially before making his money and along the way of investment keep explaining to them before he starts cashing out,even if they're illiterates they will still understand,in that way, his parents will not be shocked and call the police,no matter how notorious you are at least one of your parent would know when you are saying the truth,and will convince the other mainly the mother that you are on the right track.

   The parents are scared of what the society will say and do to them ,if it happens that their son is involved in illegal activities.   

It is not uncommon for a parent to suddenly experience something they never expected or hear from their child, especially if the parent is not very aware. They may think about it negatively. Although they always wish good luck of their children. I think they called the police so that the matter could be resolved before anything major happened. The boy must have made a mistake here too, if he had explained this to his parents beforehand they would not have been so worried. The incident seems to have happened due to the ignorance of the boy's parents. Bitcoin is an investment where a common man can do what he never expected. There are many people who have made a lot of money from Bitcoin but it is true that not everyone will have the same problem.

[kryptqnick]

Is this a personal story or does it come from some online source? Calling the police on your child without even trying to talk to them first and figure out what's going on is just a messed up thing to do. I'm happy that the police actually found him not being guilty, but that was a risky thing, the guy didn't deserve it, and I think that kind of action can really hurt family relationships later on.
Assuming your son is a criminal simply because you don't understand what cryptos are and don't even bother to google before giving this person up to the police is a very wrong thing to do.

[uneng]

There is clearly a total lack of communication between the family members to reach this extreme measure which only embarrassed the young man for nothing after all. Probably the parents thought their son was engaged in online frauds or any other criminal activities, so they called the police to investigate what he was really doing on the internet for money. I won't say anything about the parents, because even though they may be ignorant, they may also have high moral standards, so if their son was doing something wrong, they would still decide for what is morally right, not going for a blind defense of their offspring.

That is a good alert for young people who are boasting large sums of money to their families without giving them convincing explanations on how they are making this income on the internet. Older people are likely to think youngs are indeed doing something forbidden, because for them it's hard to understand how the internet (something abstract) can generate money like that, as older people had to work hard and a lot to make minimum income on their early days, therefore this new concept of source of income just doesn't fit on their heads.

[AVE5]

Provide a source because it’s too hard to believe on this kind of story which parents call the police against their son just because they don’t understand what their son is doing.

I'm still considering what prove you're asking for? Or am I supposed to go taking pictures at the scene and putting every sections of it in a virtual details? I'm tell am an uncalled for misconception story that happened between a bitcoin Investor and his uncivilized and uneducated parents and you're in doubt with the scenero being unbelievable.
Well, I advice you just pick that contexts talking about how bitcoin Investors should diversify their sources of income to some kind virtual designations so that people doesn't get attracted to monitor what your source of income is since you're always seemed steadily at home and not regulating to the prove of working for it. This should just serve fora piece of advice. That's if you find yourself in the society where people runs eye services and stressing on what doesn't concern them.

Let me tell you briefly as you're concerned to be convinced about the 21yrs old story, I came from an undeveloped country and right here we're faced with electricity power failures at most times so most persons rely on the electricities using the mechanical devices non as generator plants for privacy electricity supplies.
There came a time during the inflations that the economy became rough and tough causing rise for the cost of diesels which is a source feeding the plant at functions. Now some average citizens are even unabled to afford the diesel in powering their plants for electricity supplies and I wirh reliable sources of income could some extend afford to keep the life up because I've always been financial Concious so as to maintain an affordable lifestyle. So I was able to keep up affording the diesel and powering my house using the generator plant.

Guess what, sometimes along the lines a closed by neighbor walked to me asking what's the source of my income that it's being imagining because the state of the economy today is feared with how people could afford to sustain live with consumable products such as foods talk more or wasting money of diesel just to power the house with electricity.
Now you see @Beparanf, there are people behind already brainstorming about what doesn't really concerned them. This is just the context I wanted you to pick our of this 21yrs old boy story.

What makes me skeptical to believe on this kind of story is how did the parents got alarm on the son activities on Bitcoin if the subject is doing well on his investment?


I can back the action of the uncivil and uneducated parents of the boys parents action up that the parent didn't mean to be so wicked or being against their sons prosperities.
Here in Africa, parents are custodian to the behaviors of their children and even when the kids grows up, they still feel the child isn't above their control.

Let me also brief you here, in Africa, there's this active gangster members non to be cultist, they're group of people causing fears and disasters there in the societies which their endivoirs also exposes their parents to dangers.
So if a child of yours is conspicuous in conspiring to distabilize peace in the society and the child in question is not being able to be apprehended over crimes being committed, the parent's or siblings are most held responsible in place of the child involved in the illegal activities within the societies.
So for the parent to enjoy their own peace, such a child of the parents can be structured by the parents on how such a boy can be apprehended for the parents and siblings to be free from probabilities of being answerable of what they knows nothing about but of their kids.

So basically the parent of this boy where uneducated about what bitcoin is about and doesn't know someone can just get involved on some digital basis to earn living instead they insighted illegality since it was a digital system. Moreover there had been too much rise of fraudulent there in the society which the awkward parents feels it's one of the activities their child got himself engaged on.

[GeorgeJohn]

Ignorant of lack of knowledge to the highest level.
A family called the police operatives on their son who seems to be doing financially well while investing on the bitcoin.
The way about the young bitcoin Investor portrays himself happens to be not supposed to be affordable by their son of age 21 considering the poor background they originated from and they don't see the young boy working to earn such living.

actually when your children is not in good position to do whatever thing they are doing that brings light and joy for the family you will look very well to know exactly where the money is coming from because no parents today that does not plan good for the children they only wants their children to grow in rightful source so that is the only thing that I can sense that makes the parents to invite police for that child because they don't really know their source of income.

Thats a tough situation. It's sad to see how misconceptions about Bitcoin can cause such trouble for someone just trying to invest and make a living. It's a reminder of the importance of education and understanding, both for individuals and society as a whole. Hopefully this experience prompts more open-mindedness and willingness to learn about emerging technologies like Bitcoin rather than jumping to conclusions based on hearsay. It also underscores the need for caution and diversification in investments especially when societal perceptions may not align with reality

that is why I always emphasize that you have to inculcate the knowledge of Bitcoin to people who you feel that they don't know about Bitcoin if you take your time to educate your parents of Bitcoin they will understand the system of Bitcoin so the thing is that it based on the way we explain ourselves to people that is higher than us concerning Bitcoin with a good demonstration and illustration or parents will not come against you after explaining the importance and the benefit of bitcoin to them.

Use myself as a point of illustration because I could know or remember how many persons I brought to Bitcoin to know all about Bitcoin at that moment I first show them and article to read concerning Bitcoin so that the thing will make them to expand the their memory and they are thinking in Bitcoin so after that I have to give them the positive impact and negative impact of investing in Bitcoin so they all understood it and also continue from there and make their own research of Bitcoin today there are good in terms of Bitcoin investment trading of Bitcoin.

Provide a source because it’s too hard to believe on this kind of story which parents call the police against their son just because they don’t understand what their son is doing. What makes me skeptical to believe on this kind of story is how did the parents got alarm on the son activities on Bitcoin if the subject is doing well on his investment?

Besides, he is already 21 years old which is already old enough to do whatever he wants without the parent consent. Dragging authority against their son is surely a disaster if this story is legit.

It can be possible for parents to notice when they are children is into a cryptocurrency business one thing is that when you are in good connection with your children you come observe all the necessary movement of your children because some parents do you monitor their children both their system and  otherwise, only thing that I will Lament toward these, is that the parents in question does not have the idea of Bitcoin because if they have the idea of Bitcoin there is nothing like inviting police to the children, so I believe that investment of Bitcoin is something that I have to do it good idea and the investigation so the parents wouldn't have  invited police to the children because of they are dealing with the Bitcoin transaction, from my own perspective I will say that the parents is myopic of Bitcoin that is why they reacted the way they did.

[Gladitorcomeback]

Is this a personal story or does it come from some online source? Calling the police on your child without even trying to talk to them first and figure out what's going on is just a messed up thing to do. I'm happy that the police actually found him not being guilty, but that was a risky thing, the guy didn't deserve it, and I think that kind of action can really hurt family relationships later on.
Assuming your son is a criminal simply because you don't understand what cryptos are and don't even bother to google before giving this person up to the police is a very wrong thing to do.

As mentioned by a few other users, I strongly believe that there must have been a communicative misunderstanding if the story is true and isn't false or fabricated. I say that because parents can't be like that, no matter what region, country, religion, ethnicity, or race they belong to, parents love their children more than anything in the entire world, and parents would even try to hide the criminal activities of a child if they are involved in something, so how can they call the police on their child if they don't understand the source of income of their child? That's bizarre and unbelievable.

Either the child didn't take the responsibility to make his parents understand what he does, or the parents misunderstood something or maybe they were influenced by the words of other people around them as we know how many haters are there for Bitcoin.

In any case, I can't believe that parents can call the police on their child for something that they aren't even sure of if is an illegal thing or not.

[Maus0728]

This kid needs to move out of his parent's house, that's the only way out of this one, if your own parents can't fathom what you do even if you explained it already and you're truthful about doing nothing wrong and they still think that you're wrong, you need to be out of that house ASAP. I've seen this quote in my social media feed.

Don't believe all of the things that the elders tell you, even fools grow old.

It's a profound quote but at the same time a challenge to the norm that just because you're old doesn't mean that you've got all of the wisdom and knowledge and that everything that you say is true. So regarding this, if the people that you care the most do not understand what you do no matter what way you explain it, you're better off not talking about what you do to them, this applies not just with bitcoin.

[Blitzboy]

First, congratulations to the young man on his Bitcoin accomplishment. Remember, investing in Bitcoin - or any asset class - is about long-term growth, not immediate riches. Financial literacy matters. I know old income structures are more recognizable, but condemning new wealth paths isnt development.

Sadly, this story illustrates the generational difference and widespread ignorance about changing financial conditions. The parents may have learned and bridged the gap before judging. This happened with the internet, social media, and rock-and-roll. True spirit is open-mindedness. Dont judge what we dont understand; educate ourselves and others. Bitcoin is an opportunity, not a threat.

[davis196]

Any link to the source of information?
If the young guy is unemployed, how did he find money to invest in Bitcoin? He's definitely not an early adopter or early miner(obviously too young). Did he get some money from his poor parents? I get that the poor people are usually stuck in the "get a job" mindset, but I'm really suspicious of "investors", who don't have a job and a steady income source on a monthly basis. What if this young "Bitcoin investor" suddenly loses all his BTC(his wallet gets hacked or he forgets his passwords and private keys)? He starts again from Day 1, being flat broke and unemployed. The world is full of people, who still think that Bitcoin/crypto is a scam and I totally get their point of view, but calling the police instead of talking to your son about his financial situation seems like total nonsense.

[Nangiconference]

To me his wealth is still questionable for him to live large. We all know that for you to earn big from bitcoin alone then you would have invested the part of the world and the parents are of the opinion that they did not finance him on his bitcoin investment.
Otherwise maybe he is into trading not hodling of bitcoin. There he can have such a luxurious life only if he is knowledgeable in the trading.

[peter0425]

To me his wealth is still questionable for him to live large. We all know that for you to earn big from bitcoin alone then you would have invested the part of the world and the parents are of the opinion that they did not finance him on his bitcoin investment.
Otherwise maybe he is into trading not hodling of bitcoin. There he can have such a luxurious life only if he is knowledgeable in the trading.

Honestly the story does not make sense i mean if their son had no job but was able to invest in bitcoin then maybe he had his parents to give him some money which again does not make sense if the family was not well off in the first place.

or maybe the reason why his parents were so concerned was because that was their hard-earned money

[Zanab247]

I think there a lot of parents that does not know what their kids are doing online.... A friend of mine has a kid that are trading 10 hours a day and he is making VERY good money.... getting more profit than what his Dad is getting paid.... being with his company for 34 years.

Is very important to let your parents know the type of online business you are doing because, some of them have heard about many online business stories some people use to scam people just to get rich quickly in the community and it can bring disgrace to the entire family which is what some parents are avoiding whenever they see their children spending money they don't know source of their income.

I think those parents should have taken the time to talk with their child and he could have explained to them what he is doing .... now there will be anger issues in their relationship for years.  

But there are some children will never explain to their parent until their parent take such action before they can open up to their parents that the money they are using is a genuine money and, they made the money from BTC investment because there is no child that will open up to her or his parents like this and her parents will take them to police station.

[gunhell16]

It's like what the parents did to their child was below the belt. It's not because the person who is not an employee is doing something stupid. It turns out that the action they took against their son was very unfair.

So what came out in the end was the parent who was wrong because he put his own child to shame just because they thought the child had done something bad. And that hurts on the part of the child; he can share his feelings with the parents.

[Bushdark]

To me his wealth is still questionable for him to live large. We all know that for you to earn big from bitcoin alone then you would have invested the part of the world and the parents are of the opinion that they did not finance him on his bitcoin investment.
Otherwise maybe he is into trading not hodling of bitcoin. There he can have such a luxurious life only if he is knowledgeable in the trading.

When it comes to Bitcoin investment, there are many ways we could earn from the market. Even though we are not experienced in programming to build our own app, we can always employ good programmers to do the work for us so that we can make money from. Such app without any fear. There are many reasons we could being wealth to people in the Crypto world but many of us might not be experienced to that level. We ought to invest versatile for us to enjoy the wealth in cryptocurrency.