How to get your Dad (or Mom) to buy Bitcoin?

[BITCOIN4X]

I have a story where my parents were very supportive of me investing in bitcoin in 2018 rather than investing their own money. I didn't have a steady job at the time and I really didn't have any income to invest. I tried telling my parents and asking them to lend me $500 as an initial investment budget. I was happy with their good response after I explained how I could make money by investing, and of course that was the start that kept me going until now.

I didn't convince them to invest in bitcoin even though I explained how it works. They should be able to choose investment assets based on what they believe can be safer and also profitable, even I would never protest against that. But of course, investing in bitcoin may be better than gold and I have proven it myself from 2018 until now.

[Assface16678]

I remember my dad always talking about bitcoin back in the day and how it was gonna be the next big thing. Unfortunately i guess he never actually purchased any lol he just talked about it alot. I was young still so i had no idea how to get any but i tried. I just remember signing up for crypto exchanges and being too young to buy damnit! 

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.

Yes maybe it is not too late for the father to be influenced and invest in bitcoin if the son will initiate to invest together in bitcoin but the thing is I think it will not be easy because the father will be more hesistant as for a few years he has interest in bitcoin but never actually investing to it proves that the father maybe is too afraid and reluctant to investing in bitciin which is understandable, but yeah it is not bad to try, as long as bitcoin exist there's always a chance and timing to invest into it and actually earn but it will depends on how well the person understood the investment he will enter in, also it will be a good bonding for both parent and children if they have the safe interest as they can help each other, anyway it is not too late if you can try to pursuade your father I'm sure he will be interested again.

[dezoel]

Mine are quite old, if we are talking about some teenager who wants to convince their parents, they could just do so with their own allowance type of money, not everyone gets a certain amount of money every week, some get it whenever they ask  for it, and some get a certain amount of money per week, I think using that to do it would work better. That way, if you could show them some results, then they would be able to accept the good results and could end up doing something themselves as well.

Obviously that may not work neither, but at the very least it is a way to start, without seeing some proof, they will not do it, even after seeing proof they may not but at least you would have proof in your hands to show them how this could work as an investment.

[ancafe]

I have a story where my parents were very supportive of me investing in bitcoin in 2018 rather than investing their own money. I didn't have a steady job at the time and I really didn't have any income to invest. I tried telling my parents and asking them to lend me $500 as an initial investment budget. I was happy with their good response after I explained how I could make money by investing, and of course that was the start that kept me going until now.

I didn't convince them to invest in bitcoin even though I explained how it works. They should be able to choose investment assets based on what they believe can be safer and also profitable, even I would never protest against that. But of course, investing in bitcoin may be better than gold and I have proven it myself from 2018 until now.

They are old enough to be involved in investing and although there are some people who may be in this investment system. If my assumption is correct, that our parents are not that close to investing and they are a little more unfamiliar with technology, then it is likely that they will find it quite difficult to understand the investment patterns that we carry out. On the other hand, it makes much more sense to lend their money to us to manage and they don't need to be directly involved in the investments we run.

They have their own way of investing money and maybe a system like the one we run doesn't suit their minds. I remember very well how my parents preferred to buy gold and land for the investments they carried out because their time was more inclined towards that. Forcing desires like we do will not necessarily make them understand and on the contrary will add to the burden on them at an age when they should spend more time relaxing.

[lixer]

OP you may have made some great point in your thread but why I could not go all through it because It is being too lengthy, I would only drop you few lines that.... Don't trick or force anyone in manipulating their minds to invest in Bitcoin unless you are ready to be answerable at all costs towards their sentimental emotions as it is certain that Bitcoin is a volatile crypto currency.

On a mere discussion about Bitcoin raised by a reputable person definitely a Bitcoin enthusiastic, whoever that has interest to invest in it will definitely be identified without those strategies like you are marketing a product which of course Bitcoin does not demand.

Maybe you don't like reading? Or you do but you only lack of time. That's only what I can think of for now on why you can't go through all what he wrote. An answer of OP to those who experience a sentimental emotions after him forcing them to invest in BTC is not enough but those users can also demand him a refund for their money.

BTC is not a human like us who wants more money, this is why you said that it does not demand the same thing. IDK if you are also a BTC investor like us but if you are, then I'm sure you also want more profit to come for you, so why dislike such an idea the OP has? I don't mean that we will also do the same thing, so we are safe and we won't be guilty.

[VanKushFamily.com]

If you were going to ask Your Parents to Spend $10,000+ You should just have them invest in a CryptoKitties Style NFT BattleCard Game (just an example) that YOU OWN.

[MissNonFall9]

I have a story where my parents were very supportive of me investing in bitcoin in 2018 rather than investing their own money. I didn't have a steady job at the time and I really didn't have any income to invest. I tried telling my parents and asking them to lend me $500 as an initial investment budget. I was happy with their good response after I explained how I could make money by investing, and of course that was the start that kept me going until now.

I didn't convince them to invest in bitcoin even though I explained how it works. They should be able to choose investment assets based on what they believe can be safer and also profitable, even I would never protest against that. But of course, investing in bitcoin may be better than gold and I have proven it myself from 2018 until now.

It's great to read your story and I'm sure you have a great ability to inspire people by telling them what they want. If you were to talk to your parents about investing or buying bitcoins, you might not be able to convince them so quickly and easily. However, if every parent can raise their children well then the children will not have any doubts about their parents work and it will be easy for the children to explain any work to them.

[Skfox]

Investing in bitcoin is a very wise thing to do but it is only possible if you know what it is and how it works, in Other not to go into in the wrong way one need sufficient knowledge about bitcoin. Getting your parents to buy bitcoin is not a bad one but it depends on how civilized they are in the digital world, are they the ones that are conversant with the internet or they are the type who do not have any interest about digital assets or interest. Convincing someone to do something that he or she has no knowledge about is not always good because if by any means it goes the wrong way, you will be held accountable.

Getting either of your parents to buy bitcoin is good but it should be done at their own will and also with full knowledge of what they are going into, not just because of their love for you or because you told them to buy or invest in bitcoin, so that if anything should go wrong your parents will not be disappointed in you rather they will see it as a willing act or decision made by them.

[Lamkuthang]

5. Governments are averse to unpopular decisions.

Another reason to buy Bitcoin is also inherent in the system we live in, where the incentives themselves only push Bitcoin’s price higher. The only way for it to decrease, in my opinion, is if governments and politicians were to start acting in favor of the citizens. If you don’t trust this to happen, as is my case, it further reinforces the bullish thesis for Bitcoin.

It’s a fact that with the debt-based monetary system we live in, countries are becoming increasingly indebted. When it comes to paying off these debts, there are several ways to “bleed” the population, although in my view, inflation is the preferred and most obvious method (which also pushes Bitcoin higher).

I am again waiting for the El Salvador government to pay their debt to the IMF with BTC. If it is paid off, I think El Salvador will be an enviable pilot project for other countries in the implementation of financial inclusion in terms of servicing national debt.

The current conditions, let alone paid off, the interest alone has many obstacles to be repaid. This is the real source of chaos that many of the country's leaders must immediately think about, otherwise the public will continue to face uncontrollable increases in the price of goods every day.

[Kristiyana]

Well before you  introduce bitcoin investment to your parents first thing you need to ask yourself is if they can  be able to bare the risk that is involved? And secondly you need to make sure that they are well  educated, and also make sure that  they know about this internet fraudsters this are things they need to know before looking out to any other things. because challenges might come from this angles and if they are not familiar with those things probably they might end up being scammed, and at this point you will be blamed for not letting them know about this things for the first time.

[lalabotax]

I understand that Bitcoin is a potential, tempting investment. but to be honest, I am not willing to get my parents invest in Bitcoin. Because, yes, they are really old, even using a telephone is enough for them, just to communicate, nothing more than that. And they don't even understand what the online world is, even though it has been explained in great detail and in simple language. So, that wouldn't be possible. because if I force him then it means I will be cheating him because after all I will also be the one managing the investment. Meanwhile, I also have younger siblings who so far are still not interested in the world of crypto even though they already know what I do. so this wouldn't be fair to them either.

But that again will depend on each family's individual conditions. There are many things that influence our decision to involve parents or not in cryptocurrency investment, including family, because we alone understand the conditions of our family.

[South Park]

I understand that Bitcoin is a potential, tempting investment. but to be honest, I am not willing to get my parents invest in Bitcoin. Because, yes, they are really old, even using a telephone is enough for them, just to communicate, nothing more than that. And they don't even understand what the online world is, even though it has been explained in great detail and in simple language. So, that wouldn't be possible. because if I force him then it means I will be cheating him because after all I will also be the one managing the investment. Meanwhile, I also have younger siblings who so far are still not interested in the world of crypto even though they already know what I do. so this wouldn't be fair to them either.

But that again will depend on each family's individual conditions. There are many things that influence our decision to involve parents or not in cryptocurrency investment, including family, because we alone understand the conditions of our family.

Investing in bitcoin was the right decision for me, and I did not needed anyone to convince me this was the case, as my knowledge about the economy and the history of money told me immediately that bitcoin was on the right track and I took the decision on my own to invest in it, if others do not see the same, there is no point in trying to convince them as this just means they are not really ready to invest in an asset that while great, it presents a volatility very few people can stomach.

[Bitco55]

This is so long, it's difficult to assume you wrote it yourself  . Anyway, my parents already believe in Bitcoin. Well one of them more than the other, though. The thing is, you know it's way easier to buy them and keep them yourself for your parents, yeah? But if it's for awareness and knowledge sake, then I think the best way is to let them know how the traditional banks are starting to fail, first. That'll get them engaged since everyone can relate to how traditional banks are becoming less effective ( especially in terms of savings) these days. Then, let them know there's a solution, and teach them how to buy and keep their savings there.  I don't think it's honestly that hard to educate and help them. Some of them may be stubborn at first, but of course, you shouldn't go to them without proof that it's not a scam.

[jrrsparkles]

I didn't read the wall of text, not interesting to be honest.

I just want to mention something, I am not really going to convince someone who is used to the existing system cause it's difficult and there no point of doing it but we can do with the next generation, let's say how to get your son or daughter to buy Bitcoin that makes more sense to me.

Get the word about decentralisation to these people and sooner or later they will come around.

[bettercrypto]

These scenarios are common; actually, it's just common sense, where if your parents don't understand what you see and know, there will for sure be an argument about what you're talking about, even if it's about Bitcoin. .  Of course, on their part as parents, they don't want you to regret it in the end.

They don't want to make a mistake as much as possible, but at the end of your conversation, they will understand that even in their minds, they don't like what you believe in this conversation, and in their eyes, what you believe is wrong. But they will also let you do what you want so that if you make a mistake, they want you to learn from your mistake, and if you are right, they will see that you are gradually gaining maturity in your personality. That's all. .

[Vinaa77]

I didn't read the wall of text, not interesting to be honest.

I just want to mention something, I am not really going to convince someone who is used to the existing system cause it's difficult and there no point of doing it but we can do with the next generation, let's say how to get your son or daughter to buy Bitcoin that makes more sense to me.

Get the word about decentralisation to these people and sooner or later they will come around.

I believe that someone who is used to the existing system will of course find it very difficult for them to accept it and it would also be better for us not to make it difficult for them as parents to invest in a market that has high risks and it would be better to let them enjoy it. their old age with their family and not thinking about this investment.
Yes, it would be better for us to prepare our generation to be able to invest in Bitcoin because this will be very useful for their future and if we have prepared them it will certainly be easy for them when they grow up to understand investing in Bitcoin.

[jrrsparkles]

I didn't read the wall of text, not interesting to be honest.

I just want to mention something, I am not really going to convince someone who is used to the existing system cause it's difficult and there no point of doing it but we can do with the next generation, let's say how to get your son or daughter to buy Bitcoin that makes more sense to me.

Get the word about decentralisation to these people and sooner or later they will come around.

I believe that someone who is used to the existing system will of course find it very difficult for them to accept it and it would also be better for us not to make it difficult for them as parents to invest in a market that has high risks and it would be better to let them enjoy it. their old age with their family and not thinking about this investment.
Yes, it would be better for us to prepare our generation to be able to invest in Bitcoin because this will be very useful for their future and if we have prepared them it will certainly be easy for them when they grow up to understand investing in Bitcoin.

We are highly flexible too but I am talking the reality it doesn't mean old generation can't understand and use crypto, yes they can but for now the priority can be focused towards the future generation and they can be able to adapt to the changes more easily than old era people. If we are talking about first time investment of their retirement funds then I wouldn't call it as good way to invest.

[fuguebtc]

I understand that Bitcoin is a potential, tempting investment. but to be honest, I am not willing to get my parents invest in Bitcoin. Because, yes, they are really old, even using a telephone is enough for them, just to communicate, nothing more than that. And they don't even understand what the online world is, even though it has been explained in great detail and in simple language. So, that wouldn't be possible. because if I force him then it means I will be cheating him because after all I will also be the one managing the investment. Meanwhile, I also have younger siblings who so far are still not interested in the world of crypto even though they already know what I do. so this wouldn't be fair to them either.

But that again will depend on each family's individual conditions. There are many things that influence our decision to involve parents or not in cryptocurrency investment, including family, because we alone understand the conditions of our family.

I am just like you, I have never and have no intention of encouraging my parents to invest in bitcoin. In addition to bitcoin's upside potential, it also has risks, and I don't want my parents to spend the rest of their lives stressing over bitcoin's fluctuations .

If we want to introduce bitcoin investing to someone, we should target our generation, the young people . Older generations like our parents are no longer suitable for bitcoin, and what they need is to rest and enjoy their old age , not work hard to make money .

To me , the people who are trying to give investment advice to their parents are people who can't afford to invest in bitcoin. They just want to use their parents' money to invest in themselves rather than thinking about good things for their parents .

[Gaza13]

You can give information to your father and mother but you cannot impose your wishes on them. The decision to invest will be up to them and if they are not yet interested in investing in Bitcoin, you don't need to force them. You can just keep approaching them and show them how much Bitcoin profit you have made. But again, if they are still not interested, there is nothing you can do.

That's also what I do to people near me where I only provide information about Bitcoin. It is up to them if they want to invest in Bitcoin or not.

Yes, there's nothing wrong if we tell this information to people around or closest to you, but I think it will be very difficult for them to understand it, our understanding of Bitcoin today is certainly different from our parents' understanding of investment. Our parents' understanding was that if we buy everything it must have a physical form. According to parents, bitcoin has no physical form want that makes them reluctant to have it.

What you say is very true, yes, it is very difficult for them to be interested in this asset, even though you have proven it. Just let it flow like water, one day who knows, they will be moved to see its movement This asset requires a very long process to convince them.

[Ale88]

I remember my dad always talking about bitcoin back in the day and how it was gonna be the next big thing. Unfortunately i guess he never actually purchased any lol he just talked about it alot. I was young still so i had no idea how to get any but i tried. I just remember signing up for crypto exchanges and being too young to buy damnit! 

Of course I don't know how old was your dad at the time but I guess he would be at least 45-50 years old, and did you actually expect someone of that age to go online, study about bitcoin and understand how to use an exchange, send all the KYC documentation, move the funds around, etc etc? If you had no idea how to do it, and you probably grew up using internet, how were you expecting him to do that?