Post
Topic
Board Altcoin Discussion
Re: Altcoin is good. It’s hard to persuade parents to invest in it.
by
k@suy
on 17/06/2021, 15:33:18 UTC
Many people dont like the risk of investment but they want to gain high profit, they dont understand if high return is always in high risk. In my town, people who have alot money is prefer to buy house and gold for their long term investment. Also they want to have real instrument investment, not digital that can be have other risk, that is stolen via online. That why here, Bitcoin and others crypto is not popular yet, because they just ignored the truth many people getting rich from crypto.

Sometimes people don't hate the risk I mean people are loved to have an investment but they are just being afraid of how big or small the risk they will going to take in terms of investment. We can really find it hard to persuade our parents or the older one to invest in cryptocurrency because simply they don't have enough knowledge to invest or even how to deal with it. Second, sometimes those old ones were not literated enough with the new technology and lastly they just want a passive, sometimes consistent income form their investment.