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

[teamsherry]

Indeed quite a long text you have written here, I'll rather say its quite impressive that you want to explain what bitcoin is point to point to your old dad, I would hardly believe that he would last more than 5 minutes listening to you or rather get ready for a while lot of questions to be thrown at you, anyway it's good post you made and that's fact.

[harapan]

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.

Decisions and choices are some of the things that carry on our lives as we grow.Mostly,the decisions we take whether good or bad affects us and the people around us in certain ways.
You're more like an agent in this case,somehow,an organization where you work needs customers and you're in charge of recruiting new members to partake/participate.You'll start inviting,instructing and successfully complete the tasks for the job.

My job as a bitcoin influencer is to lay the necessary aims,objectives and benefits that comes with investing into bitcoin,but its not in my  place to determine the possibility for accepting the offer or not.
The truth is that most of our parents cannot trust thier children with financial aids/advice and they'll never yield to whatever their kids would say concerning money and investments.In order to avoid loss,regrets and disappointments,they'll rather stick to their cheap and loyal businesses.

[amihada]

if your father introduces you to bitcoin then it will be easy for you to explain the importance of investing in bitcoin but if your father does not understand about bitcoin I am very sure your father will reject your explanation or your father will ask you about complicated things you explain to your father, but I salute you because You are determined to explain Bitcoin to your father, the things you are doing right now may not be possible for other people to do. If you can explain to your father about Bitcoin, especially to your friends or other people, you will definitely be able to explain it easily.

[leonair]

Indeed quite a long text you have written here, I'll rather say its quite impressive that you want to explain what bitcoin is point to point to your old dad, I would hardly believe that he would last more than 5 minutes listening to you or rather get ready for a while lot of questions to be thrown at you, anyway it's good post you made and that's fact.

Convincing old dad about Bitcoin is not an easy task. It is a very difficult task because they are not used to using the current technology or resources due to which they will consider it too risky. they cannot be convinced of how strong Bitcoin is.  Because of this they will be very afraid to invest in Bitcoin. So it is better to explain Bitcoin to the next generation than to the old father.  Then they can use the bitcoins you leave behind after you die

[HideYourKeys]

I did not expect this thread to get this popular!! I have re-written the OP; to make it shorter and clearer. I am currently in the process of orange-pilling two friends, I will let you guys know the results  

Forcing others to invest in anything they don't understand is never good. Bitcoin investment is never the same as investing in other physical assets such as gold, land or property, so apart from having to teach them the basics of investment, you also have to teach them how to secure their wallets and assets.

Nothing should be forced and I don't think you are responsible for someone else's financial future which should be your own responsibility. Of course you can tell anyone about good investment choices, but don't be responsible for any decisions that shouldn't be yours. The point I want to say is, don't force other people to invest, but you can tell them which investment assets are good and have potential. Let them learn, but you can also be a mentor without having to be responsible for whatever happens to them in the future.

I would not say that I am "forcing" them at all, I am just explaining them the points that I believe that are interesting, and sending them videos, books, etc... I hope that someday the idea will "click" on their minds. I just hope they do not come back in a couple of months telling me that they bought SHIB

Also, if they are walling to get into Bitcoin, I will just tell them the ways I find more interesting to get started

[Casdinyard]

~snip~

See this shit? this is why you don't convince your parents or relatives to buy cryptocurrencies.

If they already have the knowledge and a budding interest to buy crypto in the first place, that's the only sensible time you could teach them and convince them to buy crypto, whether it's bitcoin or not. If that wasn't the case, keep your mouth shut and just work for yourself.

The thing is, these people are going to be in it for the money, they don't have the time nor the interest to know more about how it works, or why it's going up and down, heck, they wouldn't even bat an eye as long as it continues to give them money.

Just shut up about crypto during family dinners so you don't up the disgusting crypto bro that everyone hates during reunions. That's it.

[fauzan Ichsan]

Indeed quite a long text you have written here, I'll rather say its quite impressive that you want to explain what bitcoin is point to point to your old dad, I would hardly believe that he would last more than 5 minutes listening to you or rather get ready for a while lot of questions to be thrown at you, anyway it's good post you made and that's fact.

Convincing old dad about Bitcoin is not an easy task. It is a very difficult task because they are not used to using the current technology or resources due to which they will consider it too risky. they cannot be convinced of how strong Bitcoin is.  Because of this they will be very afraid to invest in Bitcoin. So it is better to explain Bitcoin to the next generation than to the old father.  Then they can use the bitcoins you leave behind after you die

For parents, especially those who still have conventional thinking, it is not easy to convince them to invest in Bitcoin. If they can understand and decide to invest, then regardless of their personal awareness and knowledge, we can only support them, not tell them to. However, this investment contains risks, and it is not good to force people to agree with us, after all, everyone certainly has a specialty in their own field, not just Bitcoin, a place to invest.

[Briankimp1]

~snip~

See this shit? this is why you don't convince your parents or relatives to buy cryptocurrencies.

If they already have the knowledge and a budding interest to buy crypto in the first place, that's the only sensible time you could teach them and convince them to buy crypto, whether it's bitcoin or not. If that wasn't the case, keep your mouth shut and just work for yourself.

The thing is, these people are going to be in it for the money, they don't have the time nor the interest to know more about how it works, or why it's going up and down, heck, they wouldn't even bat an eye as long as it continues to give them money.

Just shut up about crypto during family dinners so you don't up the disgusting crypto bro that everyone hates during reunions. That's it.

It’s as simple as this do not convince your relatives to buy crypto currencies, I for one made the same mistake my sister overheard I and my boys on an overextended discussion about Bitcoin, how much profit we made on the first quarter of the year and how we were going to improve on the second quarter. She was so intrigued that she asked me to teach her how to go about it all after I did she begged me to just take her money and just invest for her worst mistake ever on my crypto journey.

[kotajikikox]

Indeed quite a long text you have written here, I'll rather say its quite impressive that you want to explain what bitcoin is point to point to your old dad, I would hardly believe that he would last more than 5 minutes listening to you

Anyone regardless of their age would lose focus and start drifting away if they are not interested in the topic. Our parents, not wanting to feel 'inferior' with knowledge, tend to reject any new knowledge. They don't want to bother themselves with something as hard and complex as the internet.

or rather get ready for a while lot of questions to be thrown at you, anyway it's good post you made and that's fact.

It's better to ask questions than pretend that they actually understand it and make wrong decisions afterwards.

[moneystery]

i don't have much time to read the entire text, but believe me, convincing your parents to buy bitcoin is very difficult, even i had a very hard time explaining what bitcoin is to them. from my experience, they will say that bitcoin is the same as a ponzi scheme and i should stay away from it. i don't know why they find it so hard to trust bitcoin, but it seems to be because they are an older generation and their experience of being scammed by one of the ponzi scheme products may be the reason for that. so right now i prefer not to discuss bitcoin with anyone, because i'm too lazy to have to fight their arguments.

[Woodie]

Recommendations of any investment assets are always risky, especially when dealing with family members. This risk is amplified with cryptocurrencies, considering that the majority of people don't understand that you can easily lose 80% of the value within a single bear market. And guess who gets the blame?

Totally agree with you!!

And in the world of business, the code says don't mix business with friends and family because this is usually your weak point and you wouldn't have a clear mind to make a sound decision and worse off giving parents   financial advice where they need to take their moñey, comeon  

Bitcoin investments are usually long term if you are a hodler, and I think parents are the wrong target market afaik, instead invest for the younger generation say your kids, younger nephews & niece's or yourself as the profits will be enjoyed in the future when price and Bitcoin demand grows...let parents enjoy their peacea and money without any drama  😅

[Dr.Osh]

I think parents who aren't interested in Bitcoin won't read what you wrote because they basically don't like it. After all, if my parents had no interest in bitcoin, then it wouldn't be a problem. I'll just try to grow the investment myself, and make them proud. However, I think if our parents are old enough, and don't understand things like this, then I will let them be happy with what they like. Meanwhile, I will try to utilize what I know about this investment.

[Roseline492]

Recommendations of any investment assets are always risky, especially when dealing with family members. This risk is amplified with cryptocurrencies, considering that the majority of people don't understand that you can easily lose 80% of the value within a single bear market. And guess who gets the blame?

Indeed recommending someone into Bitcoin is risky but however I think it will be more better to recommend family
members than outsider reason because family members knows you very well on what you can do or what you cannot do because if for instance you introduced an outsider to invest on Bitcoin and eventually he decided to use his investment for trading and based on how volatile the market is he lost all his investment there is a chance that he may come after you thinking that you lured him into something that would consume all his money.

But however in terms of family member no matter how the investment turn out they will only feel bad but they can never come against you because they know the person is not capable of luring them into something that's not real, so family is more advisable in terms of recommendation but however the person should be able to educate them concerning the risk involves while investing because I realized that one of the reasons why most people get into trouble with the people they recommend was actually lack of orientation they never informed them on the possible risk associated on the investment.

[kingvirtus09]

I think even if you explain this to your parents if there is no interest in knowing Bitcoin and blockhain technology you will just waste your effort, it is better to explain it to someone who you see initiatives who really want to know something.

Bitcoin and Blockchain technology are different matters and also broad matters, and take note that it is not easy to understand in one sitting, Bitcoin and blockchain are not like that, for sure you know that too.

[Unity for Humanity]

I am a very simple family man and my parents are not highly educated and they don't have much idea about Bitcoin or all these virtual things. But I came to know about bitcoin through some online platform very likely I will be the first member of my family who will be involved with bitcoin although my knowledge about bitcoin is not enough yet but I am trying to learn.

[MissNonFall9]

Elderly persons are interested in investing in something which must have a physical form and must be a popular subject such as land gold silver food grains etc. If we try to convince them otherwise, they will discourage us. But those who invested in Bitcoin some time ago and made a good profit today can show this investment summary to interest them in investing in Bitcoin.

As you mentioned, it's very difficult to convince people with traditional mindsets to believe in Bitcoin or cryptocurrencies and make investments in them because they mostly believe that one can't earn money from the internet and it is mainly used for gaming or wasting time as they see people using social media platforms a lot.

Even if you earn some money from cryptocurrencies, withdraw the profits, and show them the cash, they will still not believe you for the first time and will think that you have earned them from somewhere else, or maybe it's not your money and you are just kidding with them.

My family never believed that I can earn money while sitting in front of my computer, they used to think I'm playing games until I cashed out some of my earnings and that was when they realized I'm not wasting my time on useless things.

I was in the same situation as you that I just sat all the time and use the computer in vain. In fact it is difficult to convince older people of any online activity until visual evidence is presented to them. However, this is not the case for all individuals but most cases are faced with such situations. However after much persuasion and explaining all the online activities I finally got the consent of the family. Which is very important for me.

[Kristiyana]

I think it should be those parents that is well educated, and also those parents that has full knowledge about the things that is going on in the internet, because most parents can be educated but they have less understanding about this digital world. more especially those parents who has come to aged, Moreover telling this set of people to buy bitcoin is just like a waste of time, because even if you explain to them million times about how bitcoin investment works they won't understand.

[Hopila]

In my own opinion,sometimes it might actually be difficult at the initial stage in persuading your dad or mum in buying Bitcoin, because nowadays some parents mostly have trust issues.But nevertheless,

 Start Small: Encourage them to start with a small investment to get comfortable with the concept. Emphasize that they can invest an amount they are willing to lose.

 Use Real-Life Examples: Share success stories of people who have benefited from investing in Bitcoin. Show them how it has become a mainstream investment option.. but in all.

Remember that investing in Bitcoin involves risk, and it's essential for your parents to understand and be comfortable with this before making any decisions.

[MainIbem]

I think it should be those parents that is well educated, and also those parents that has full knowledge about the things that is going on in the internet, because most parents can be educated but they have less understanding about this digital world. more especially those parents who has come to aged, Moreover telling this set of people to buy bitcoin is just like a waste of time, because even if you explain to them million times about how bitcoin investment works they won't understand.

You're right, it takes parents that's educated and a bit younger to give listening ears to all those that the OP just mentioned especially those parents that's come across Bitcoin on the Internet but don't know how to go about it, such parents would be willing to listen and learn from their child mostly if they heard or seen that it's very beneficial but then it would be very difficult to convince parents that are not educated or not familiar with modern facilities or technology cause they'll need a device like phone or laptop to go into the net, download apps where they could invest on Bitcoin the only thing a child could do in such situations is to give them proves why investing on Bitcoin is a good idea then get funds from them and buy and hold Bitcoin using their parents money. My parents are learned though they're advanced, they know about Bitcoin but don't use it cause they still believe in fiat money which they have understanding about, but I believe they'll be very convinced if I give them reasons why Cryptocurrency is far better than fiat. Now what I'm trying to say is that it's one thing to know about something and understanding it is another, most parents know about Bitcoin but they don't understand it and would rather save with fiat currency in the bank instead of Cryptocurrency like Bitcoin, but if one could convince them with good reason then they'll have a second thought of give Cryptocurrency a chance.

[Fiasem20]

Op your post is way too lengthy,if there is a way to get your parents to buy Bitcoin.The thing to do is to inform them about Bitcoin investment and how it offers profitable returns in the long term;
1.Explaining Bitcoin to them.
2.Explaining the high volatility of the market.
3.Explaining a digital wallet and what best wallet to store their digital asset for the long term.
4.Explaining what a seed phrase is to them.
5.Telling them the preferred strategy to accumulate bitcoin (DCA strategy)
6.And if they're interested it's best they start as possible.