I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?
the banking system is not an investment, it just a means to save ones money thats all, you dont expect to get return on investment by saving your money in a bank account. Bitcoin is a good example of investment whereby your get roi on a price increment. I would rather invest in bitcoin and earn profit than to allow my money wallow away in a bank's saving account. make him understand your objectives, that you want to invest and not save, they are two different things.