Ever-young
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May 07, 2024, 05:48:31 AM |
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It’s weird that someone whose profile consists of mostly short replies and comments is the same person that made this great wall of text. Hats off to everyone that manage to read the OP, I for sure cannot afford to put my eyes through that. It would have been better if you summarized the post, a more concise explanation would help if you really want people to discuss the topic.
You are right the way the OP has structured the post here is not worth reading carefully. If the post is not shortened then I think no one will be able to read this post carefully. I myself could not bring myself to focus when I entered after reading the topic. Because it will not be possible for me to read such a big post carefully. So I would also suggest the OP to make the post more short so that everyone would be interested to read and give proper knowledge. Lol exactly the same thing on my mind. When I first opened the thread, I had to first scroll down to the end of the post and I literally yelled WTF. I mean that post is just to long. I only had to read a few paragraphs before proceeding to the response/comment session. Such a lengthy post would definitely discourage people to participate in an active and interactive conversation here because not everyone can be able to dedicate invest their time reading all that, while also considering whatbthe subject of the thread says.
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Alone055
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May 07, 2024, 06:05:02 AM |
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Lol exactly the same thing on my mind. When I first opened the thread, I had to first scroll down to the end of the post and I literally yelled WTF. I mean that post is just to long. I only had to read a few paragraphs before proceeding to the response/comment session. Such a lengthy post would definitely discourage people to participate in an active and interactive conversation here because not everyone can be able to dedicate invest their time reading all that, while also considering whatbthe subject of the thread says.
There is nothing wrong with a long post as long as it's interesting and engaging enough to keep the readers intrigued so that they read it whole. It depends on the writer and his writing skills and also the subject being discussed whether the readers will read the whole wall of texts or skip through it. Writing skills matter a lot when it comes to this because someone with good writing skills and the ability to construct sentences and paragraphs in a way that would make the reader interested will have all their posts read no matter how long they are. On the other hand, for someone who doesn't put much effort in their writing or care about things such as sentence structure, vocabulary, punctuation, etc., their write-ups will barely catch any interest from the audience.
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fullhdpixel
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May 07, 2024, 06:23:54 AM |
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Op, your text is so long that it'll discourage people from reading it and taking part in a meaningful discussion, You should at least add a TL;DR for this. If I got it right, TL;DR: Even when you're excited about Bitcoin, those close to you might not care, so if you want to convince them to invest, you should explain what Bitcoin is, what gives it value (decentralization), fixed supply as a hedge against inflation, self-custody of coins, mining as a buyer of unused energy surplus, and that it's not too late to invest.
Honestly, I don't know anyone inquisitive enough to listen to all that information about Bitcoin, especially if they aren't really interested in investing. I think that, overall, it's not a good practice to convince others to invest in certain things. If you want your relatives to get into Bitcoin, you can simply gift them a small amount of it, which might encourage them to learn more.
This post is long. When I first saw it, I thought it was a novel that someone posted here by mistake ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . However, this post shows the poster's interest in Bitcoin. I have already said many times that people cannot be forced to do something when they do not have the heart to do something. I do not agree that any person can be forced to do something. By doing it when there is no weak point in the hand and when it comes to spending money, people become even more stingy and curious. They think a thousand times before spending a single unit of the currency they have. Then how can anyone be advised to buy Bitcoin by saying they will benefit from it and they will believe us with their eyes closed? You are right too if someone is dear to us and we want him to benefit like us or grow even more than us then we should gift him some bitcoins and tell him to save them for a long time, you will benefit from it by then. I think it will be too late when anyone realizes this.
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LogitechMouse
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May 07, 2024, 06:25:10 AM |
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The reason why I always prefer watching videos rather than reading long posts is because I find myself sleepy whenever I read long posts or long articles. 10/10 for the OP still though for the effort that he used to create a long post like this but like what others felt, I also felt that I don't need to read that lengthy post. There might be some that are interesting but still, I prefer watching educational videos because I find myself comfortable on it. Re: How to get your Dad (or Mom) to buy Bitcoin? Anyway, to answer this question, I will, and I will not let them get involved into Bitcoin... or at least I will not be the reason why they are buying Bitcoin. I will never introduce to them with Bitcoin. My parents are the type of parents that aren't involved into any types of investments aside from real estate and business, but into other investments like Stock Market, bonds or crypto. They don't even know it or at least they've heard it, but not interested on it at least. We all have different parents, and it's all up to us if we will guide them with regards to Bitcoin or not. If you felt that they're interested into it, then guide them. Still kudos on the lengthy post you created. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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coinerer
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May 07, 2024, 08:04:50 AM |
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It's not stressful but a little bit complicate when there's no evidence, show working is necessary. Persuading them to buy bitcoin ought to be very easy on our ends. We just need evidence and huge figures generated from the investment in bitcoin. For instance, showing your dad a car from the massive profits made from bitcoin, or even as far as getting a luxury home for yourself and dad knows you're extremely doing well, ofcourse he won't generate any doubt as he will hurrying concord to your suggestion of buying bitcoin.
You've made a very good point here, when there's no evidence that the asset you're trying to convince people to invest in is not bringing you profits, that's if you can't show them a proof then your opinion would be pointless cause sometimes parents don't need too much advice from their kids concerning making investments but when you show them prove you're making profits from it, give the benefit of doubt that the invest won't go wrong with tangible reasons then the deal is done. I also want to say that the level of understanding or education matters too, if one's parents are not well educated or understand modern things very properly then it would be very tough to convince such parents, since a good number of them already feel it's a scam or ponzi scheme. We know about Bitcoin and know about the history of Bitcoin so we think Bitcoin has a lot of potential and we don't hesitate to invest in Bitcoin. and we plan the future with Bitcoin. but our parents are quite old and they know very little about Bitcoin or technology. for this reason it is very difficult for us to convince them to invest in Bitcoin and in some ways almost impossible. But next gen people I think almost everyone will be using Bitcoin and will be interested in investing in Bitcoin You are absolutely right. Now many newbies to crypto are 16 or older whose parents may have been exposed to the modern world and may know something about Bitcoin and be encouraged to invest, but it may not be easy to convince people who are old enough. So it is foolish to force them in this case. But yes I agree with you that the next generation can get their parents' support to invest in Bitcoin. Because the parents of the next generation are those of us who already know and invest in Bitcoin
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ancafe
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May 07, 2024, 09:01:02 AM |
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The thing is, once you’re at that point, you find yourself wanting to share this excitement or knowledge with those closest to you, not to inflate the value of your holdings (unless you’re a cousin of an Arab sheikh, they’re not going to move the price), but because you truly believe in its transformative power for their financial future (they will remember you in the midst of a bull market, but it won’t be the right time either).
You need to find a way to simplify the meaning you want to convey to parents and if your intention is to provide them with an understanding of Bitcoin then it must be done in a much more binding way. You also have to know the character of your parents and if they are a little unfamiliar with the investment route then what you want to convey will be much more difficult for them to accept. You should also understand their previous work patterns because not everyone will be interested in investing, especially involvement in bitcoin. If your parents are unfamiliar with technology then they should not be involved in investing. You can ask for funding and manage the investment yourself because if you give them access, it doesn't necessarily mean they can do it. I think you know the character of your parents at home better and you also know what to do when your parents are not close to investment patterns.
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Ever-young
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May 07, 2024, 09:27:55 AM |
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Lol exactly the same thing on my mind. When I first opened the thread, I had to first scroll down to the end of the post and I literally yelled WTF. I mean that post is just to long. I only had to read a few paragraphs before proceeding to the response/comment session. Such a lengthy post would definitely discourage people to participate in an active and interactive conversation here because not everyone can be able to dedicate invest their time reading all that, while also considering whatbthe subject of the thread says.
There is nothing wrong with a long post as long as it's interesting and engaging enough to keep the readers intrigued so that they read it whole. It depends on the writer and his writing skills and also the subject being discussed whether the readers will read the whole wall of texts or skip through it. Writing skills matter a lot when it comes to this because someone with good writing skills and the ability to construct sentences and paragraphs in a way that would make the reader interested will have all their posts read no matter how long they are. That's absolutely correct... The subject has a very major role to play in attracting the attention of readers, let's take this thread for instance, not everyone is interested in convincing their Dads or Moms to invest in Bitcoin, so the subject isn't a catchy one. Mind you, I'm not saying that the topic or thread isn't worth reading, I'm just saying that it's not intriguing enough to catch the attention of readers to want to read through every little thing there. I do enjoy reading books a lot and I can spend months reading just one book, but what builds my interest the most is the title of the books, that's what invites my interest to read, and if I eventually find it interesting, I'd read the whole thing, no matter how long it takes me.
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CryptoBuds
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May 07, 2024, 09:49:46 AM |
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I don't think either of my folks would want to invest in Bitcoin. However if they actually were interested I would persuade them to invest in the Bitcoin ETFs which were just launched. Sure its not keeping actual bitcoins in your self custody but with how old my folks are they would get scammed if they kept it on a Binance account. There are way too many fake emails, phishing links, etc that old people can easily get fooled and get their crypto stolen.
If you buy the Bitcoin ETFs you don't need to worry about it. Its on your brokerage account which is very secure and hackers don't generally target any online brokerages because everything is reversible and they can't really steal anything. This is one of the few ways why the Bitcoin ETFs are great for adoption because the elderly don't really understand self-custody but they can rely on the Bitcoin ETFs like Blackrock IBIT.
You pointed out one of the advantages that a bitcoin ETF gives us, and I also support ETFs because it makes it easier for people to access bitcoin, especially older people like our parents. To be honest, getting into bitcoin is not as easy as many people say, it may be easy for us but for some people it is really a big barrier. Many people are not even confident in using centralized exchanges after being informed about the risks involved, let alone using non-custodial wallets because they are much more complicated. But with the bitcoin ETF, things get a little easier. If someone intends to introduce bitcoin to their parents, we should introduce a more suitable bitcoin ETF.
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Luzin
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May 07, 2024, 10:16:08 AM |
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Maybe it won't even happen, my father is over 62 years old while my mother is over 56 years old they have no expertise in technology, using their smartphones is quite difficult. So I thought I would never advise or teach them to buy Bitcoin. Right now I hope they stay alive in good health. But I also think maybe other people who have a better life and they understand technology is natural to invite to buy. If that happens to me then I will give you real evidence of bitcoin's history to date. At least it will make them understand that bitcoin's volatility is quite dangerous but its value is quite profitable to invest.
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rodskee
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May 07, 2024, 10:16:30 AM |
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I don't have lured my parents yet but i did with mybrother and cousin that is they are now into crypto investment and specifically bitcoin.but my mom is showing interest now that she keeps asking me how much is the value of bitcoin now and yesterday so maybe in a week of two? she will finally invest in bitcoin.
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yazher
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May 07, 2024, 10:27:43 AM |
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As bitcoin is a popular currency many people have little knowledge about bitcoin so giving parents good advice about bitcoin may prevent them from believing it. Most people fear losing money I think it's better to invest yourself than to advise parents. Elderly people will not easily understand the good side of this coin they can always think negatively. Use your own discretion to buy bitcoin.
It's better to not get them involved in such kinds of investments not because we don't want them to succeed but rather because we want a peaceful life with them, we are making our own money anyway and that's enough reason for us to keep the responsibility to ourselves without making them involve in such harsh environment of the crypto market where they need to deal with the volatility and stress themselves every time they see the crypto market not in a good condition. Let's just do the jobs ourselves, and lessen their worry since they are getting old, we want no stressful things for them.
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Adbitco
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May 07, 2024, 03:26:59 PM |
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The reason why I always prefer watching videos rather than reading long posts is because I find myself sleepy whenever I read long posts or long articles. 10/10 for the OP still though for the effort that he used to create a long post like this but like what others felt, I also felt that I don't need to read that lengthy post. There might be some that are interesting but still, I prefer watching educational videos because I find myself comfortable on it. Re: How to get your Dad (or Mom) to buy Bitcoin? Anyway, to answer this question, I will, and I will not let them get involved into Bitcoin... or at least I will not be the reason why they are buying Bitcoin. I will never introduce to them with Bitcoin. My parents are the type of parents that aren't involved into any types of investments aside from real estate and business, but into other investments like Stock Market, bonds or crypto. They don't even know it or at least they've heard it, but not interested on it at least. We all have different parents, and it's all up to us if we will guide them with regards to Bitcoin or not. If you felt that they're interested into it, then guide them. Still kudos on the lengthy post you created. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Actually at some point I got confused as well because giving out time to read all these lengthy post is energy consuming so I think have to reply with the title instead of reading down the whole contents before I sleep of while reading. At first getting involving into bitcoin depends on how transparent you are to them why because whatever that involves money comes with trust and not just only the knowledge aspect. If your parents trusted so well about money then it would cost less energy to convince them to invest but if they can't trust you with money then it would take long time to get convinced into whatever thing that concerns online investment where they need to pull out money from their personal account to send to their child account or even having to buy anything with their master credit/debit cards. I do enjoy reading books a lot and I can spend months reading just one book, but what builds my interest the most is the title of the books, that's what invites my interest to read, and if I eventually find it interesting, I'd read the whole thing, no matter how long it takes me.
Reading isn't bad anyway but it all depends on how you programmed yourself for that particular book you wanna read, let say you can't have things to meet up and expect to finished a whole lot of books without you doing other things just like what op did put down there. Usually it's sucking to see that what he could had just summarized with few words he littered the place with text just explaining how to let our mother and father invest in bitcoin. In fact they no explanation just live by example by showing them you cashed out big time from bitcoin and just tell them how long their investment needs to stay before they could harvest that all, after few moment they would call you to come take and put for them without much hassle.
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arjunmujay
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May 07, 2024, 03:45:33 PM |
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for me it's actually quite easy to convince parents to buy bitcoin. Because in my parents' generation they preferred investing in jewelry or gold, I just have to say that Bitcoin is the digital gold that exists today. It doesn't have physical properties, but the price is much more profitable if you store it compared to storing real gold. When it comes to purchasing mechanics, I guide them from the start on CEX until they really understand and can see clearly how much profit they will make from holding bitcoin.
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armanda90
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May 07, 2024, 03:55:05 PM |
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Maybe it won't even happen, my father is over 62 years old while my mother is over 56 years old they have no expertise in technology, using their smartphones is quite difficult. So I thought I would never advise or teach them to buy Bitcoin. Right now I hope they stay alive in good health. But I also think maybe other people who have a better life and they understand technology is natural to invite to buy. If that happens to me then I will give you real evidence of bitcoin's history to date. At least it will make them understand that bitcoin's volatility is quite dangerous but its value is quite profitable to invest.
Its good ideas not advice them investing in bitcoin during most of our parent lack of technology and easily got scam when investing or holding bitcoin assets in mobile phone wallet. I remember with some of parent around my environment their social media account got hack after downloading fake or phising link, seems easily their bitcoin or altcoin assets gone behind most of them not understand yet with real or trusted site and fake link. Most of parent actually interested with their investment in land or gold, its keep worth although the increasing price not faster such as bitcoin but don't make them get pressure when investing in bitcoin and get increasing price will get problem or scare their investment assets. Seems good ideas waiting their assets giving to us and spend it in bitcoin depend allow or not for selling or converting from land assets to bitcoin assets.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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boty
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May 07, 2024, 04:11:04 PM |
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It's better to not get them involved in such kinds of investments not because we don't want them to succeed but rather because we want a peaceful life with them, we are making our own money anyway and that's enough reason for us to keep the responsibility to ourselves without making them involve in such harsh environment of the crypto market where they need to deal with the volatility and stress themselves every time they see the crypto market not in a good condition. Let's just do the jobs ourselves, and lessen their worry since they are getting old, we want no stressful things for them.
That's right, it would be better if we didn't involve them in this because if they don't understand the investments we make well, this will certainly make them stressed and make them have to think about investments that have the risk of losing their money if they make a mistake. investing in crypto not to mention the crypto market conditions which have high volatility will of course make them anxious when they see market conditions that are difficult to predict and I agree with you not to invite them to invest in crypto and we have to give them time to enjoy the time. they will grow old happily and not have to think about this very risky investment.
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Ale88
Legendary
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Activity: 2478
Merit: 2734
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May 07, 2024, 04:40:21 PM |
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As bitcoin is a popular currency many people have little knowledge about bitcoin so giving parents good advice about bitcoin may prevent them from believing it. Most people fear losing money I think it's better to invest yourself than to advise parents. Elderly people will not easily understand the good side of this coin they can always think negatively. Use your own discretion to buy bitcoin.
It's better to not get them involved in such kinds of investments not because we don't want them to succeed but rather because we want a peaceful life with them, we are making our own money anyway and that's enough reason for us to keep the responsibility to ourselves without making them involve in such harsh environment of the crypto market where they need to deal with the volatility and stress themselves every time they see the crypto market not in a good condition. Let's just do the jobs ourselves, and lessen their worry since they are getting old, we want no stressful things for them. Talking about peaceful life, let's not forget one thing: the amount of time left to live they may have. If you're in your 20s and the economy collapses, well, of course it's not a nice situation but even if somehow you lose everything you have, you still have a lot of time to recover. If you lose your retirement funds while you're in your 70s... I don't even want to think about it, you'll have to work till the day you die. Seriously, don't overcomplicate your parents' lives.
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Ever-young
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May 07, 2024, 06:06:23 PM |
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Reading isn't bad anyway but it all depends on how you programmed yourself for that particular book you wanna read, let say you can't have things to meet up and expect to finished a whole lot of books without you doing other things just like what op did put down there.
Well you're right, but when I say I spend time to read books, I didn't really mean that I spend all my time reading, perhaps whenever I'm free or my specified times for reading, so I do have enough time to take care of other stuffs too. Usually it's sucking to see that what he could had just summarized with few words he littered the place with text just explaining how to let our mother and father invest in bitcoin. In fact they no explanation just live by example by showing them you cashed out big time from bitcoin and just tell them how long their investment needs to stay before they could harvest that all, after few moment they would call you to come take and put for them without much hassle.
Most definitely, like the old saying, action do really speak loud than words, sometimes you really don't need to go through the stress of preaching to people about Bitcoin and its benefits, because the results of your investment will surely so all the speaking for you, especially when the people involved are people around you, like your family or some close friends.
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Swayz
Newbie
Offline
Activity: 3
Merit: 0
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May 07, 2024, 09:04:53 PM |
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angrybirdy
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May 07, 2024, 09:14:46 PM |
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If your dad's mindset was like that then, there is a good chance that you will persuade him to invest in bitcoin because you can see his interest in that matter. if at that time you already have the ability and deep knowledge when it comes to investment, you and your dad are definitely talking about bitcoin investment. it's just sad but it's not too late, you can still help him if he wants to or you'll be the one to continue doing things he didn't do before.
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Hamza2424
Legendary
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Activity: 1064
Merit: 1087
🇵🇰 Pakistan
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May 07, 2024, 09:22:13 PM |
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Ahhh... I'm feeling sick and dezzyyyy what big stuff OP you've compiled is it your own summary about Bitcoin or just AI-generated content anyway appreciate if you did it by yourself, At the same time here are a few minor suggestions use Glow, and colors, Bold and custom size to make it better in the presentation because like this no one is gonna read it, as I haven't because I cant look for everyone read repeated content add some headings so we can scan through the page and get the desired piece of information which is only possible with the proper formatting and presentation in which you've scored 1/10 in this thread.
Make sure to follow the basics, such as Glow, Colored heading, and Custom sizes for text according to the need.
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