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Author Topic: How to get your Dad (or Mom) to buy Bitcoin?  (Read 1265 times)
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June 01, 2024, 11:44:53 PM
Last edit: June 04, 2024, 07:22:03 AM by oktana
 #141

That was a super long one. To me the easiest way to get my mom and dad to buy Bitcoin is by simply asking them to send me money for something and then use the money to buy Bitcoin and yet tell them that’s what I did. It will save you many stress of explanation. Most of them wouldn’t have interest because they are stuck know it used to be.

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June 02, 2024, 09:14:02 AM
 #142

That was a super long one. Time the easiest way to get my mom and dad to buy Bitcoin is by simply asking them to send me money for something and then use the money to buy Bitcoin and yet tell them that’s what I did. It will save you many stress of explanation. Most of them wouldn’t have interest because they are stuck know it used to be.

Does that mean you would lie to your parents in any way to get their money to invest in bitcoin? I can say this is the worst idea ever. Why don't you go to work, make your own money and invest in bitcoin, instead of lying and taking your parents' money to invest in bitcoin? And if you do this, you're trying to tell your parents that bitcoin is a scam.

If they are already not interested in investing in it then why are you trying to persuade or try to deceive them? If they don't want to invest in bitcoin then leave them alone and don't bother them. In our forum, there are many young people who are still going to school and receiving benefits from their families, without a stable income, I hope they won't take your advice to get money invested in bitcoin.

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June 02, 2024, 11:20:13 AM
 #143

Do they really have to learn all of that? I'm sure that most parents would probably just care on the things that would matter which is the time that they're investing in bitcoin, pretty sure that most of those stuff doesn't even have a need to be known because what's the point, would they be mining too that they need to learn about mining? Pretty sure that's not the case. I think that the best way probably is for you to just stick with the FAQs of bitcoin investing, that way it's not difficult for you.



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oktana
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June 02, 2024, 11:43:20 AM
 #144

That was a super long one. Time the easiest way to get my mom and dad to buy Bitcoin is by simply asking them to send me money for something and then use the money to buy Bitcoin and yet tell them that’s what I did. It will save you many stress of explanation. Most of them wouldn’t have interest because they are stuck know it used to be.

Does that mean you would lie to your parents in any way to get their money to invest in bitcoin? I can say this is the worst idea ever. Why don't you go to work, make your own money and invest in bitcoin, instead of lying and taking your parents' money to invest in bitcoin? And if you do this, you're trying to tell your parents that bitcoin is a scam.

If they are already not interested in investing in it then why are you trying to persuade or try to deceive them? If they don't want to invest in bitcoin then leave them alone and don't bother them. In our forum, there are many young people who are still going to school and receiving benefits from their families, without a stable income, I hope they won't take your advice to get money invested in bitcoin.

It isn’t as deep as you make it seem. To cut the long story short, what I suggested is very simple and straightforward. It’s not scam because you’ll end up telling them this is what you did with it. I’m not sure your kind of parents but it depends on the relationship you have with your parent. For me, I don’t see a big deal in it as you put it.



 

 

 

 

 

 


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June 02, 2024, 01:08:08 PM
 #145

It isn’t as deep as you make it seem. To cut the long story short, what I suggested is very simple and straightforward. It’s not scam because you’ll end up telling them this is what you did with it. I’m not sure your kind of parents but it depends on the relationship you have with your parent. For me, I don’t see a big deal in it as you put it.
If you use the money for something good then I also don’t think it’s that bad of an idea especially if you do give them their money back once you make profit. But it’s still a risky move because you can easily lose the money you have asked from your parents. As long as the money they gave did not cause them to become short in money then yeah probably it’s not that big of a deal.









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June 02, 2024, 02:38:38 PM
 #146

Does that mean you would lie to your parents in any way to get their money to invest in bitcoin? I can say this is the worst idea ever. Why don't you go to work, make your own money and invest in bitcoin, instead of lying and taking your parents' money to invest in bitcoin? And if you do this, you're trying to tell your parents that bitcoin is a scam.

If they are already not interested in investing in it then why are you trying to persuade or try to deceive them? If they don't want to invest in bitcoin then leave them alone and don't bother them. In our forum, there are many young people who are still going to school and receiving benefits from their families, without a stable income, I hope they won't take your advice to get money invested in bitcoin.
I don't think bad ideas when recommending our parent for investing in bitcoin than hold their money in the Bank only without increasing yet but get inflation values in the future, your opinion is right OP need to invest in bitcoin from his own pocket but he want to make their parent assets get more increasing when investing in bitcoin.

Firstly its difficult approach when talking about the interested and benefit side of bitcoin become investment assets, but after all of them know how much bitcoin price increasing year by year will make them interested to buy or investing in bitcoin than not benefit yet earn when holding their fund in the Bank. I think need to make good approach for parent not understand well with cryptocurrency digital era and benefit earn in the future when bitcoin price raising up drastically.

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June 02, 2024, 02:55:16 PM
 #147

That was a super long one. Time the easiest way to get my mom and dad to buy Bitcoin is by simply asking them to send me money for something and then use the money to buy Bitcoin and yet tell them that’s what I did. It will save you many stress of explanation. Most of them wouldn’t have interest because they are stuck know it used to be.

Does that mean you would lie to your parents in any way to get their money to invest in bitcoin? I can say this is the worst idea ever. Why don't you go to work, make your own money and invest in bitcoin, instead of lying and taking your parents' money to invest in bitcoin? And if you do this, you're trying to tell your parents that bitcoin is a scam.

If they are already not interested in investing in it then why are you trying to persuade or try to deceive them? If they don't want to invest in bitcoin then leave them alone and don't bother them. In our forum, there are many young people who are still going to school and receiving benefits from their families, without a stable income, I hope they won't take your advice to get money invested in bitcoin.
I never recommend lying to your parents. I value honesty and integrity. Bitcoin is not a fraud. This innovative technology could change our banking system. Your parents may be apprehensive, and thats fine. Their generation is used to traditional banks and investing.

World changing. Bitcoin and other cryptocurrencies are future. They provide financial independence that traditional systems cannot. Its about educating and showing possibilities, not deceiving. Instead of lying, talk to your parents honestly. Tell them how Bitcoin can help them prosper and safeguard their financial future. Remember, knowledge empowers. Give your parents power, and they may surprise you.

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June 02, 2024, 03:12:25 PM
 #148

If I may advise you, you don't need to write as long as you wrote.

If you need to know about this.
How to get your Dad (or Mom) to buy Bitcoin?

Bitcoin is generally known to everyone, from rural areas to cities, young and old, women and men, fathers and mothers know about Bitcoin, it's just that they don't believe in how Bitcoin actually works, that's the main problem that we have to provide a good and perfect understanding.

Bitcoin is a digital currency, which is operated by connecting to the internet, Bitcoin is not something that is difficult to understand, there are many sources that can be learned about Bitcoin, in essence: provide a detailed understanding of its advantages, How Bitcoin actually works, automatically they/father/mother will buy Bitcoin, what's more our parents like trading or investing, it will be easier for them to accept Bitcoin and buy it.

R


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June 02, 2024, 03:38:43 PM
 #149

It isn’t as deep as you make it seem. To cut the long story short, what I suggested is very simple and straightforward. It’s not scam because you’ll end up telling them this is what you did with it. I’m not sure your kind of parents but it depends on the relationship you have with your parent. For me, I don’t see a big deal in it as you put it.
If you use the money for something good then I also don’t think it’s that bad of an idea especially if you do give them their money back once you make profit. But it’s still a risky move because you can easily lose the money you have asked from your parents. As long as the money they gave did not cause them to become short in money then yeah probably it’s not that big of a deal.

The most important thing is that the money you get will not disrupt your family's finances. that's enough. If what happens is that the child asks for money, then you can be sure that the money is the child's right. but if what is meant is borrowing, of course, there is the thought of returning it.
but it will be a surprise for the parents when one day in the future their child manages to give money with the profits from investing in Bitcoin, the capital of which was actually given by the parents in an unknown way.

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June 02, 2024, 04:22:14 PM
 #150

That was a super long one. Time the easiest way to get my mom and dad to buy Bitcoin is by simply asking them to send me money for something and then use the money to buy Bitcoin and yet tell them that’s what I did. It will save you many stress of explanation. Most of them wouldn’t have interest because they are stuck know it used to be.
Does that mean you would lie to your parents in any way to get their money to invest in bitcoin? I can say this is the worst idea ever. Why don't you go to work, make your own money and invest in bitcoin, instead of lying and taking your parents' money to invest in bitcoin? And if you do this, you're trying to tell your parents that bitcoin is a scam.

If they are already not interested in investing in it then why are you trying to persuade or try to deceive them? If they don't want to invest in bitcoin then leave them alone and don't bother them. In our forum, there are many young people who are still going to school and receiving benefits from their families, without a stable income, I hope they won't take your advice to get money invested in bitcoin.
I agree with you. I understand you want to do some good for them but this is not the right way to do, you are lying to them and, in a certain way, you are implying that they are too stupid to understand what you want to do, so you have to do it behind their backs. We are talking about family and money, it's already a delicate matter, you also add lies to the mix and good luck with that.
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June 03, 2024, 01:34:21 PM
 #151

Does that mean you would lie to your parents in any way to get their money to invest in bitcoin? I can say this is the worst idea ever. Why don't you go to work, make your own money and invest in bitcoin, instead of lying and taking your parents' money to invest in bitcoin? And if you do this, you're trying to tell your parents that bitcoin is a scam.

If they are already not interested in investing in it then why are you trying to persuade or try to deceive them? If they don't want to invest in bitcoin then leave them alone and don't bother them. In our forum, there are many young people who are still going to school and receiving benefits from their families, without a stable income, I hope they won't take your advice to get money invested in bitcoin.
I don't think bad ideas when recommending our parent for investing in bitcoin than hold their money in the Bank only without increasing yet but get inflation values in the future, ...

It's their money, they have enough life experience and I believe they are aware of what they are doing so I will respect their decision. They are the people who spent their youth raising me and I believe they are wise enough to know what is good for them. As for me, I can't even take care of them, so I believe I'm not qualified to teach them how to spend money. Moreover, my parents are old, what they need now is to rest, enjoy their old age and do the things they like, not spend their last days working hard to earn money to give me money.

I'm not ungrateful enough to force them to invest in an asset class they don't like, one that will give them sleepless nights or even land them in the hospital when they can't stand the volatility of bitcoin. If you feel that taking money from your parents or advising them to invest in bitcoin is good for them, do it with your parents.

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June 03, 2024, 03:32:50 PM
 #152

That was a super long one. Time the easiest way to get my mom and dad to buy Bitcoin is by simply asking them to send me money for something and then use the money to buy Bitcoin and yet tell them that’s what I did. It will save you many stress of explanation. Most of them wouldn’t have interest because they are stuck know it used to be.
LOL, that's a great way. Well, the best way is also to ask them for money to invest, and we use it to invest in bitcoin. Even if you use the DCA method, it doesn't matter. When you have enough bitcoins from your parents' investments, you can buy them a house. However, not all parents are suitable and understand the Bitcoin system. The best way is for them to give us money and support for it.

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June 03, 2024, 03:48:12 PM
 #153

That was a super long one. Time the easiest way to get my mom and dad to buy Bitcoin is by simply asking them to send me money for something and then use the money to buy Bitcoin and yet tell them that’s what I did. It will save you many stress of explanation. Most of them wouldn’t have interest because they are stuck know it used to be.
LOL, that's a great way. Well, the best way is also to ask them for money to invest, and we use it to invest in bitcoin. Even if you use the DCA method, it doesn't matter. When you have enough bitcoins from your parents' investments, you can buy them a house. However, not all parents are suitable and understand the Bitcoin system. The best way is for them to give us money and support for it.
Well it all depends on the kind of parents you have, well I don't know how parenting is over at where you reside but I believe most parents here would disagree and even cease to send you money even if you told them that this is what you used the funds for especially when it's something they feel is not good and believe me or not crypto currency in some places wear I stay still have more negative view by people especially when the government is pointing and painting Bitcoin as something that's totally evil and against the laws of the country.

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June 03, 2024, 04:51:14 PM
 #154

That was a super long one. Time the easiest way to get my mom and dad to buy Bitcoin is by simply asking them to send me money for something and then use the money to buy Bitcoin and yet tell them that’s what I did. It will save you many stress of explanation. Most of them wouldn’t have interest because they are stuck know it used to be.
LOL, that's a great way. Well, the best way is also to ask them for money to invest, and we use it to invest in bitcoin. Even if you use the DCA method, it doesn't matter. When you have enough bitcoins from your parents' investments, you can buy them a house. However, not all parents are suitable and understand the Bitcoin system. The best way is for them to give us money and support for it.

I don't believe you after making a profit from bitcoin and buying a house for your parents because from the beginning you intended to take their money to invest without the intention of working to make money for yourself and making money to help them. Also, have you thought about the scenario if your investment fails and you lose all their money, how will you explain to them or will you continue to make other excuses to keep asking money from them?

I am married and have children. If it were me, I would stop giving him money if I knew he wanted to use my money to invest or do business. It's not that I don't want to help him, but if he thinks about getting rich, he must first know how to make money himself and not depend on me or anyone else. Life is not easy and if we make a habit of depending on our parents then what will happen when they are no longer there? So build your own career instead of just thinking about depending on them.

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June 03, 2024, 11:51:01 PM
 #155

That was a super long one. Time the easiest way to get my mom and dad to buy Bitcoin is by simply asking them to send me money for something and then use the money to buy Bitcoin and yet tell them that’s what I did. It will save you many stress of explanation. Most of them wouldn’t have interest because they are stuck know it used to be.
LOL, that's a great way. Well, the best way is also to ask them for money to invest, and we use it to invest in bitcoin. Even if you use the DCA method, it doesn't matter. When you have enough bitcoins from your parents' investments, you can buy them a house. However, not all parents are suitable and understand the Bitcoin system. The best way is for them to give us money and support for it.

Right! Because not all parents would understand that is why I said it. Even gradually asking them little by little and you DCA with it is a great idea. We all know our parents better than anyone and I'd say we should do the way it works for us. If your parents would understand, take time to explain to them, if not, tell them the surface, save your time and help them invest (whether they know it or not).



 

 

 

 

 

 


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MissNonFall9
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June 04, 2024, 05:35:41 PM
 #156

Does that mean you would lie to your parents in any way to get their money to invest in bitcoin? I can say this is the worst idea ever. Why don't you go to work, make your own money and invest in bitcoin, instead of lying and taking your parents' money to invest in bitcoin? And if you do this, you're trying to tell your parents that bitcoin is a scam.

If they are already not interested in investing in it then why are you trying to persuade or try to deceive them? If they don't want to invest in bitcoin then leave them alone and don't bother them. In our forum, there are many young people who are still going to school and receiving benefits from their families, without a stable income, I hope they won't take your advice to get money invested in bitcoin.
I don't think bad ideas when recommending our parent for investing in bitcoin than hold their money in the Bank only without increasing yet but get inflation values in the future, ...

It's their money, they have enough life experience and I believe they are aware of what they are doing so I will respect their decision. They are the people who spent their youth raising me and I believe they are wise enough to know what is good for them. As for me, I can't even take care of them, so I believe I'm not qualified to teach them how to spend money. Moreover, my parents are old, what they need now is to rest, enjoy their old age and do the things they like, not spend their last days working hard to earn money to give me money.

I'm not ungrateful enough to force them to invest in an asset class they don't like, one that will give them sleepless nights or even land them in the hospital when they can't stand the volatility of bitcoin. If you feel that taking money from your parents or advising them to invest in bitcoin is good for them, do it with your parents.
Appreciate your perspective and respect for parents. It is undeniable that parents wasted their youth nurturing us and raising us carefully. And they should take care of us in their old age as our parents did in our childhood and they deserve it. But there is a lot of difference between their view and our view due to time and generation gap.

Briefly let us clarify the matter with an example, one of my cousins ​​wanted to do import export business and explained to the family. However as his family members were engaged in agriculture they did not give consent as they did not understand his son's import-export business. Later he started the business with some loans and five years after starting the business he was able to buy a house and a car. If his parents had first realized that their son would be successful they would have supported him by giving money at the beginning of the business.

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June 04, 2024, 05:57:46 PM
 #157

That was a super long one. Time the easiest way to get my mom and dad to buy Bitcoin is by simply asking them to send me money for something and then use the money to buy Bitcoin and yet tell them that’s what I did. It will save you many stress of explanation. Most of them wouldn’t have interest because they are stuck know it used to be.
LOL, that's a great way. Well, the best way is also to ask them for money to invest, and we use it to invest in bitcoin. Even if you use the DCA method, it doesn't matter. When you have enough bitcoins from your parents' investments, you can buy them a house. However, not all parents are suitable and understand the Bitcoin system. The best way is for them to give us money and support for it.
Well it all depends on the kind of parents you have, well I don't know how parenting is over at where you reside but I believe most parents here would disagree and even cease to send you money even if you told them that this is what you used the funds for especially when it's something they feel is not good and believe me or not crypto currency in some places wear I stay still have more negative view by people especially when the government is pointing and painting Bitcoin as something that's totally evil and against the laws of the country.
Each parent would be different on the ff:

1. Open mindedness
2. Knowledge about online things
3. Knows the latest
4. Do knows how to listen into their kids
5. Welcomes new ideas

As their child then you do know on what kind of parents you do have. There are ones who are really that easily scolding their child at the moment that they are explaining something that they dont know
but if you do have that kind of parents which do really listens on what you are really that explaining about those things including crypto then it wont really be that much of a problem if
you would really be tending to share up about on buying Bitcoin but if your parents are really that not liking those ideas and considering that online stuffs are scams
then there's nothing that you could do about it.

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June 04, 2024, 06:31:26 PM
 #158

That was a super long one. To me the easiest way to get my mom and dad to buy Bitcoin is by simply asking them to send me money for something and then use the money to buy Bitcoin and yet tell them that’s what I did. It will save you many stress of explanation. Most of them wouldn’t have interest because they are stuck know it used to be.

Typo Edit
In my opinion, this is best avoided. Because this is the same as lying to your parents by arranging their finances to invest in Bitcoin. It's true that investing in Bitcoin is good, but the way you do it is wrong, like pushing yourself too hard without your parents knowing what Bitcoin investment is like, what the system is like. The risk is that if they don't know about Bitcoin, at any time they need money when the market price is down. How to explain it to parents? Don't we know invest in Bitcoin with cold hard cash?

Don't be too pushy, we should educate them first about Bitcoin, if they understand and let you manage it, that's better. because at least they know the Bitcoin working system. However, most parents prefer to invest in real objects such as gold, property and land. Only a few parents understand that Bitcoin investment is more profitable than other investments.

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June 04, 2024, 08:27:17 PM
 #159

That was a super long one. To me the easiest way to get my mom and dad to buy Bitcoin is by simply asking them to send me money for something and then use the money to buy Bitcoin and yet tell them that’s what I did. It will save you many stress of explanation. Most of them wouldn’t have interest because they are stuck know it used to be.

Typo Edit
Well, that could be a good idea as well. However, I think getting them into bitcoin without good education is not proper at all. And to think that they’re less interested with bitcoin due to its high volatility, I don’t think I can still convinced them to invest in bitcoin, except if I will be using my own funds and buy them some bitcoin. I’m sure they’ll have no choice but to learn bitcoin as well in order to manage their investment well as it might only go into waste if they will ignore and won’t be responsible on growing their investment instead.

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June 04, 2024, 08:52:33 PM
 #160

That was a super long one. Time the easiest way to get my mom and dad to buy Bitcoin is by simply asking them to send me money for something and then use the money to buy Bitcoin and yet tell them that’s what I did. It will save you many stress of explanation. Most of them wouldn’t have interest because they are stuck know it used to be.
LOL, that's a great way. Well, the best way is also to ask them for money to invest, and we use it to invest in bitcoin. Even if you use the DCA method, it doesn't matter. When you have enough bitcoins from your parents' investments, you can buy them a house. However, not all parents are suitable and understand the Bitcoin system. The best way is for them to give us money and support for it.
If you can invest into bitcoin without dragging your parents’ funds into it, then that would be a lot better. As much as we want them to learn and invest into bitcoin, but I don’t think that’s a good idea most especially if your parents are both senior citizens, as they can be highly emotional whenever they’ll see their investment is not doing good. Just invest with your own hard-earned funds, not your parents’ funds, as you will never guarantee winning in such a volatile investment most especially if you are here to make quick profits.

R


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