Do your parents invest in bitcoin ?

[CageMabok]

My parents don't even know about Bitcoin, they are too busy in their career. I am the only one in the family that
has full interest of Bitcoin.

Even though they are too busy with their careers, I think your parents also know about Bitcoin even though they have never owned Bitcoin and have never bought Bitcoin to store it. Because if your parents are officials, or artists or successful entrepreneurs, I'm pretty sure that people like that have heard the word Bitcoin from other people or from their colleagues who are in the same job. It's just that most people who are busy improving their careers obviously won't have time to learn more about Bitcoin so they won't have any interest in buying Bitcoin and investing in Bitcoin because their time has been used to just think about their careers.

[Popkon6]

Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

My parents didn't usually invest in bitcoin and other cryptocurrencies, they started investing in bitcoin with me but my parents like it. That's why I bought bitcoins with my parents' retirement money, and have held these bitcoins for years and will hold them for years to come. 
My plan is from here I can earn bitcoins and give maximum gifts to my parents. Believing since the time I first started trading bitcoins.

[lizarder]

Even though they are too busy with their careers, I think your parents also know about Bitcoin even though they have never owned Bitcoin and have never bought Bitcoin to store it. Because if your parents are officials, or artists or successful entrepreneurs, I'm pretty sure that people like that have heard the word Bitcoin from other people or from their colleagues who are in the same job. It's just that most people who are busy improving their careers obviously won't have time to learn more about Bitcoin so they won't have any interest in buying Bitcoin and investing in Bitcoin because their time has been used to just think about their careers.

Parents who have careers in business, officials or artists must have heard of Bitcoin but they have no interest in investing because they do not understand how it works. Although not all of our parents know about Bitcoin, there are many sources that make them have or often hear about Bitcoin. For example, if they have a smartphone and of course news or videos about Bitcoin will always appear on their social media because there are many people who make videos or news about Bitcoin.

But convincing our parents to get involved in investment is very difficult because they have their own mindset about investment. As we often hear that in every era there must be a different investment pattern and in their era there was no such thing as bitcoin so for them this was a new step and needed testing according to their views.

[Zoomic]

Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

Haha my parents will never invest in bitcoin. This is not because they do not know how it works or they are too busy with anything that keeps them busy, but because they do not believe in earning money they did not work hard for. During their time, they were taught to work very hard for money and that was one way to know who is a responsible man. Since they are not putting in lots of strength and energy in making money through bitcoin, they'll tag it not important. Now, people no longer need to work that hard for money, all is needed is just smartness. Bitcoin is designed for those who believe in working smart for money which my parents are not . Times has changed and I will teach my children how to make money the smart way.

[Etranger]

My parents invested on my advice. They managed to make very good money, but they are still quite skeptical about such investments, viewing them as risky. I think this is due to their incomplete understanding of this activity, but I am glad that I was able to help them earn money.Although I don't think I will insist on further investment for them, even if I am confident in their profitability.

[amihada]

it is very difficult to explain what bitcoin is to them because bitcoin cannot be held, many parents want to invest in the real world that can be seen and can be held, for example they invest in large areas of land or they build shops to sell.

[Baki202]

Even though they are too busy with their careers, I think your parents also know about Bitcoin even though they have never owned Bitcoin and have never bought Bitcoin to store it. Because if your parents are officials, or artists or successful entrepreneurs, I'm pretty sure that people like that have heard the word Bitcoin from other people or from their colleagues who are in the same job. It's just that most people who are busy improving their careers obviously won't have time to learn more about Bitcoin so they won't have any interest in buying Bitcoin and investing in Bitcoin because their time has been used to just think about their careers.

Most of our parents are old and believe that they have gone past that era and feel our era, and that is why they do not bother much because most are already retired, and do not need to spend much money since their pension is still coming. Most of them know but would rather allow us to do our thing rather than get involved. Some might even support their child financially since their friend's kids might also be into Bitcoin and they might even ask you to bring profit to them from time to time. the word Bitcoin is everywhere now; you can invest when you want to because even on social media you will hear about it. just for anyone to use the right channel to invest.

And because of its nature, old people are always conscious and they feel they might not have the time to do all the monitoring and others, because sometimes when you are deeply into your career, they might not have time, and people that are into their career should consider holding because with their work at hand, wanting to trade will make everything more difficult because its time consuming so they should still go for trading.

[Strongkored]

Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

No, it's not even easy to tell parents about Bitcoin, because they will usually be more comfortable with more traditional things, for example investing in land, property or gold, whereas Bitcoin has a lot to teach them, including about the technology, which for them it's difficult to understand, even the cell phones they have are only used to send messages and make calls which don't have access to the internet, so it will be difficult to convince them to want to buy Bitcoin even though we tell them about the benefits they will get and the potential for large profits.
It seems easier to ask for a faster share of inheritance so that we can buy Bitcoin than to convince them to buy Bitcoin

[legendbtc]

Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

Honestly, if my parents wanted to invest in bitcoin, I would discourage them, let alone give them bitcoin investment advice. I think they are too old and really no longer suitable to invest in bitcoin, a digital asset that requires a lot of knowledge, an asset that is highly volatile and risky…there are many real factors is no longer appropriate for their age.

I usually don't interfere in my parents' decisions, they should do what they like but if they ask me, I will advise them to invest in gold or real estate if they have enough money. I would advise them to stay away from bitcoin because I don't want them to get into trouble or pressure when investing in bitcoin.

[Z_MBFM]

Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

Haha my parents will never invest in bitcoin. This is not because they do not know how it works or they are too busy with anything that keeps them busy, but because they do not believe in earning money they did not work hard for. During their time, they were taught to work very hard for money and that was one way to know who is a responsible man. Since they are not putting in lots of strength and energy in making money through bitcoin, they'll tag it not important. Now, people no longer need to work that hard for money, all is needed is just smartness. Bitcoin is designed for those who believe in working smart for money which my parents are not . Times has changed and I will teach my children how to make money the smart way.

I think your parents are from a very old age which is why they can't trust the digital assets of today. they consider only hard work as a legitimate source of income. they don't want to believe in other easy and shortcut ways. However, it is expected that this issue will be balanced within the next 10 years. then most people will use bitcoin and start putting their money in bitcoin because of the freedom it has, banks are also against bitcoin.  Because if people turn to Bitcoin, banks will lose a lot of their revenue.

[AVE5]

Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

This is very interesting and reminded my recent thread about Imagine your household by building a financial tree on bitcoin chain.

My parents doesn't Invest in bitcoin but I wished they do so that we could always have most of our discussions relating to the same goals of our same asset holdings on the bitcoin blockchain. It'd be much interested giving updates and consulting each other at when necessary and so as much we could be sharing same financial advisories specifically to enhance in our bitcoin investment but all these are just fallacies because I'm into this bitcoin investment all by myself but I'm doing pretty good anonymously because no one has my digital assets on track to be any form of discussion as it maybe if we had a family financial tree built on bitcoin chain.

[LDL]

Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

Initially my parents didn't know anything about my bitcoin investment but now again parents know everything about my bitcoin investment. They have helped me financially from time to time to invest and I have invested a lot of money from them till now.  But one thing is very important that if you share all these things with your parents, the risk involved in investing is reduced to a great extent.

[Lanatsa]

Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

Haha my parents will never invest in bitcoin. This is not because they do not know how it works or they are too busy with anything that keeps them busy, but because they do not believe in earning money they did not work hard for. During their time, they were taught to work very hard for money and that was one way to know who is a responsible man. Since they are not putting in lots of strength and energy in making money through bitcoin, they'll tag it not important. Now, people no longer need to work that hard for money, all is needed is just smartness. Bitcoin is designed for those who believe in working smart for money which my parents are not . Times has changed and I will teach my children how to make money the smart way.

I think your parents are from a very old age which is why they can't trust the digital assets of today. they consider only hard work as a legitimate source of income. they don't want to believe in other easy and shortcut ways. However, it is expected that this issue will be balanced within the next 10 years. then most people will use bitcoin and start putting their money in bitcoin because of the freedom it has, banks are also against bitcoin.  Because if people turn to Bitcoin, banks will lose a lot of their revenue.

Same here!

At the moment that you would really be tending to make out some explanation about Bitcoin or cryptocurrency as a whole then they do always been that skeptical on it and would be telling that it might be a scam.
Old people would usually be sticking into those things that they've been get used to on which with those fiat and those typical centralized offerings and services that they've been using up for years.
Well, you cant blame them but it do really sucks at the moment that they will really be making out those kind of discussion or argumentation that pushes up the idea that i should stop on dealing up with a scam.
As Bitcoin investor or enthusiast then of course you would really be trying to defend it out since we do know on whats the truth and this is something that needs to be clarified.

This is why on the time that having those kind of discussions then i do just simply ignore them about in speaking about crypto. This is why i do really end up on having no interest on speaking
to someone about Bitcoin or crypto on what it is. I dont really like on having those kind of negative words because it would really be that a long story for you to explain and
make them realize that they are talking shit about it. 

[Abdulzuruku01]

Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

My parents are interested in cryptocurrency, but they are unfamiliar with the internet, and I am afraid to get them to invest in bitcoin because before telling someone to invest in bitcoin, you must first determine their level of internet literacy, if you tell someone who is internet illiterate to invest and they fall victim to a scam, they will hold you responsible. My parents are supporting me to ensure that I grow well into this cryptocurrency because when I explain to them about bitcoin and the reason why others are investing in bitcoin. They were delighted to hear that, especially the part where I said they would be able to manage their assets without interference from the banks or government. I was telling them this in order to get their support rather than asking them to invest because I knew the extent to which they used the internet but they are helping my source of income to expand so that I can invest it in bitcoin.
My father is most concerned because everytime we discuss crypto, he always brings it up and asks me when I'm going to start my investment. Even yesterday, he asked, and I promised him I'd start my investment this month, which is my plan.

[Xampeuu]

Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

Initially my parents didn't know anything about my bitcoin investment but now again parents know everything about my bitcoin investment. They have helped me financially from time to time to invest and I have invested a lot of money from them till now.  But one thing is very important that if you share all these things with your parents, the risk involved in investing is reduced to a great extent.

Indeed, parents' prayers are very effective in supporting our success. It is very nice if parents can follow technological developments, so that we can share about what we are doing, so that we can get approval from our parents. It's different with my parents, who are already old, let alone Bitcoin, I can't even use Android, but I just emphasize that they bless every path I take to get to my destination safely.

[SmartCharpa]

Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

No, they are not investing in Bitcoin but they know that am into cryptocurrency. They don't have any amount of money to invest in Bitcoin, so I don't see the reason why I would convince them to invest in Bitcoin. However, even the reason why my dad heard about cryptocurrency is because he was pressuring me that he hadn't seen me with any hard work, then where did I go to get some money and buy some clothes that I used to wear? I have no choice but to explain what Bitcoin is all about, I thought he would think otherwise when I told him about Bitcoin because our government is trying to ban anything related to cryptocurrency, I thought he could think that I was into something illegal but thankfully, he did not.

Indeed, parents' prayers are very effective in supporting our success. It is very nice if parents can follow technological developments, so that we can share about what we are doing, so that we can get approval from our parents. It's different with my parents, who are already old, let alone Bitcoin, I can't even use Android, but I just emphasize that they bless every path I take to get to my destination safely.

Of course, our parent's prayers are very good in supporting our work. Though some individuals do not want to share whatever they are doing with their parents, I don't know the purpose of doing it, they are our parents, and if weren't for them, we wouldn't have been where we are today. You're doing great mate, let's continue to seek their blessings to reach our goals.

[Bravut]

My parents know about Bitcoin Investment, but they do not invest. They do not really care about Bitcoin or the possibilities, they are only concerned with Investments like; Land, Gold, Real estate, properties, I understand there plea since before now they already have gotten the orientation of such assets and limited to Technological advances. I would not persuade them, I have build mine and make them enjoy the dividend and benefits of it rather than pressure them. They deserve rest.

[wtsimis]

Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

To be honest, my parents are not that educated or that knowledgeable about cryptocurrency.  Also most parents in the country I was born in don't know anything about Bitcoin. So my parents can't invest in bitcoin.  Maybe our younger generation is getting the idea about Bitcoin. We are trying to increase and spread the knowledge about Bitcoin.

[Magic-Money]

Actually my parents are not believe in digital currency, because of their age, and I'm trying educate them about Bitcoin and how it works. But only what them want from me is proof, which I have invested little money I have and screenshot my buying point and print it out as evidence, while waiting for Bull Run market to sell in a higher price. Therefore I can't wait to invest for my children as a prosperous father.

[bettercrypto]

Are your parents investing in bitcoin ? Has it impacted your journey with crypto ?

No, it's not even easy to tell parents about Bitcoin, because they will usually be more comfortable with more traditional things, for example investing in land, property or gold, whereas Bitcoin has a lot to teach them, including about the technology, which for them it's difficult to understand, even the cell phones they have are only used to send messages and make calls which don't have access to the internet, so it will be difficult to convince them to want to buy Bitcoin even though we tell them about the benefits they will get and the potential for large profits.
It seems easier to ask for a faster share of inheritance so that we can buy Bitcoin than to convince them to buy Bitcoin

The majority of parents really don't understand this matter of Bitcoin or cryptocurrency because usually what they have in mind is not good about it. And that is the truth, which is also sad to think about. But the son is jealous that his parents supported him in his cryptocurrency trading.

But there are few and rare parents who give support like this. I am my parents; they don't support me in what I do, not even my relatives, as long as they only say to me that they remind me.