Post
Topic
Board Economics
Re: Invest on your dependants if you too must grow further
by
AVE5
on 01/07/2024, 08:43:15 UTC
It would definitely be a wise thing to do if the good idea about cryptocurrency is shared with other family members. But I think in the context of my living environment it will be a bit difficult to attract parents to invest with a good understanding of cryptocurrency or bitcoin. Because they will be more attracted to physical products or services than virtual products or services. But those who can do so will surely be one of the lucky ones.
Parents who don't understand about cryptocurrency or bitcoin will certainly find it difficult to invest in Bitcoin unless there is someone who is really able to convince them about cryptocurrency or bitcoin. Because in general, convincing older people who don't have an understanding of cryptocurrency or bitcoin is very difficult if the person saying it is someone younger than them. But everyone must be able to convince their own family for a better future because now smart investment is not only about physical assets, but also non-physical assets such as Bitcoin.

Older parents who're not comfortable with the modern days technologies wouldn't be able to trust digital currency such as the crypto or bitcoin as mentioned and they don't have to blamed. This isn't about succeeding to convince your own parents to Invest on any of it because their emotions can be traumatic even while counting on you as their child because they can't lively see the market moving and the profit won't come as quick as expected to solve their needs. Unless the parents have enough funds to risk.
So literally, older parents want a physical trading believing with an individual marketing skills, they can always secure their profits on daily basis and that real suit them best.