Quote from: DatBTCGuy on March 07, 2023, 10:24:54 AM

Did you manage to convince your dads or other older people in your family to buy BTC?

I did not manage to make them buy BTC but I managed them to trust my venture on BTC. My parents are seniors and I am the sole earner in the family. Before they wanted me to focus on my job and look for side job that can help our financial capability. They often scolded me thinking I am wasting my time browsing and playing on my pc but today it is different. They often give me updates on my country's stand on BTC, keep me updated on the local news about cryptocurrency, they support my venture in cryptocurrency in their own way. Funny things is they even remind me about my holdings (which somehow I forgot) and told me to be updated because I often share a story to them about how I failed to sell when the price is surging.

Quote from: Mate2237 on Today at 07:23:13 PM

Quote from: mocacinno on March 07, 2023, 10:58:51 AM

I would never try to convince anybody... I'm a big crypto enthusiast, but i still consider crypto a high risk investment... I wouldn't want to be responsible if they'd lose their funds.

On the other hand, if they'd made up their own mind and just asked me for assistance, i would gladly help them out

exactly, convincing someone to invest on Crypto is the big mistake I will never make or do. Some people that convinced cryptocurrency (bitcoin) to their friends, wife, children, mother, husband etc does not really understand the risk involve in it they too are time unaware of the whole process, that is how cryptocurrency work, they only know that cryptocurrency investment is good and profitable. Yes it is profitable but when you lost, ehn! You might lost everything you have laboured for years. So always use risk management mindset to deal with bitcoin before introduce it to someone. And also, always know whom you are convincing, if you convinced someone that is not polite, and his funds got lost. Op at that time you would understand why it is not not good to convince someone to deal with crypto.

We can introduce Bitcoin but convincing them to buy Bitcoin gives us a responsibility which many of us do not want. I do not find any wrong on convincing people because I believe it is done in good intention but we must be responsible in informing these people of the risk that is involved in investing.