Hi everyone,
I have a question. Due to friends who are very (early) invested in bitcoin I have learned a lot about the way it works, and its potential. I feel like (just like many of you) its a very solid alternative to fiat currencies, and bitcoin in 10-15 year will likely be a primary store of value for a big part of the worlds population.
Now, I want to convince my parents to invest some of their savings in bitcoin, but I don’t know how. My granddad was a very smart man, who made a lot of money with smart investments, buying stocks like shell, DCA in ETF’s and buying properties, fixing them and selling them with a profit.
My parents for some reason never got a hold of investing their money. They have 2 apartments which they are currently renting out, but due to Dutch regulations it is not really a profitable business.
My dad is really conservative when it comes to investments, and he feels like anything that’s unfamiliar, especially crypto is a totale gamble & waste of money.
Do any of you have any experience with trying to convince your loved ones to invest in the future of money / store of value, and how did you approach the situation? My dad who is in charge of finances is a smart man, and is usually open to opportunities as long as he understands what he is getting himself into, and if it feels safe.
Do you have recommendations to explanations / podcasts which explain the whole bitcoin system, and its potential without sounding like someone who’s trying to make a shit ton of money off of a gamble trade?
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