Post
Topic
Board Altcoin Discussion
Re: Altcoin is good. It’s hard to persuade parents to invest in it.
by
Mauser
on 25/10/2021, 09:56:45 UTC

It’s hard to persuade those middle-aged people to invest in crypto. Do you think so?



My parents are not middle aged anymore, they are already retired but still they have heard about bitcoins and crypto currencies. My family knows that I am involved with cryptos for years now and they keep asking me about it regularly. There is definitely some interest about the new asset class but investing they don't want. My family holds most of their money in cash at the bank which is the worst kind of investment right now. They don't get any interest and have to pay fees and lose money due to inflation. I don't know how to convince them to invest into cryptos. Going straight for alt coins might be a bit risky, but atleast buying some bitcoins would be a good thing for the.