As per my parent's decision I invest in Bitcoin but currently Bitcoin has moved to dumping position so my investment has suffered a lot of losses. Less educated and less informed parents are currently upset about my investment. But I am trying to convince my parents that every investment has risk and long term holding will definitely result in loss recovery.
They will be upset when they see the price of BTC goes down just after that they have bought.
But as you have said, less informed will be scared of the situation and if you are not one of them.
You will teach your parents that at the time like this, it is the best time to buy when the markets are falling down.
It would be better before they ask their parents to invest in Bitcoin which is very risky, they can first give their parents the best understanding so that they don't panic when they see the price decrease after buying it, of course this is very disappointing for them because they are afraid of what will happen. Those who invest cannot feel any profit and for some people who have a good understanding of Bitcoin investment, of course they will take advantage of this downturn as an opportunity to buy and look forward to making a profit when the price increases again.
However, if they have given their parents an understanding and do not choose to invest in Bitcoin, it would be better for them not to force their parents to invest because of course they have their own reasons or they have felt comfortable with what they have invested in since they were young.