It's up to you how you can encourage your parents to comment on which investment is good, but here I will discuss that you need to place more emphasis on your parents to understand the difference in technology that people now adopt for something new and more desirable. For example, you should understand that people used to travel abroad in buses and trains in early days, so when aeroplanes were invented, people hesitated to travel in them and embraced air travel for its benefits, knowing that there was a risk of harm, but soon they realized that their benefits were more than their impairment.

So, in the same way, you should understand from the example of Bitcoin that it is true that there may be some loss due to the volatile nature of Bitcoin, but the benefit of adoption of Bitcoin is greater than the impairment. And moreover, it's up to your investment strategy as to how you can manage to survive in volatile assets (Bitcoin).

So it means that you should explain to your parents, like in this example, that investment in Bitcoin is a little more volatile than gold or real estate, but the profit ratio is higher than that of gold and real estate.

I would say that these 3 are the best investment to have since they are all good for long term. Gold and land, we know that they worth are gradually increase and that's why they called an asset. But your profit potential is not so big and you have need more time to wait. If you're investing in Bitcoin, the profit potential is huge and can be happened at anytime wether this year or next year. So if I were to choose which of them are better, I will go for Bitcoin, not just because of profit potential but also because their security and you only have to keep the private key.

Well, everything depends. As I said, sometimes $500 for two people is too low an amount if you live in a city, you have to pay for the rent as well. However, most Bangladeshi have their own house in the village, and vegetables, fish, and rice are the main foods for Bangladeshi people. Maybe $150 is too low, but if they spend $200 for three people and they live in a village side, it's good enough. Because most Bangladeshi people have land to firm vegetables and Rice, it's not below standard. You can live like a king in some places with $200-$250 monthly. But everything is changing these days. There was a time when $100 was enough for a family in Bangladesh, and it's not too long ago.

Their point of view is also correct. You must have sufficient knowledge before stepping into the crypto market as it's a money to support your family. I recommend you to buy BTC from your money earned.

As he said above he lives in Blangladesh.

What I will say concerning bitcoin is that it is a newly introduce because from the history of Bitcoin I don't think that the Bitcoin existence is up to 20 years I know that it will be below 20 years it has been introduced to the society but yet in the house and more influence and the gather more population than the already digital currency that has been in to existence for long time which is good, people preferred using bitcoin for investment by using gold or landed kind of investment so it it depends what you understand and what you differentiate between bitcoin and gold for investment purpose

indeed investing in bitcoin is a good thing because btc has the potential to be good in the future, but of course investing in btc has risks and it is not guaranteed that the future will be 100% good.

You have good thoughts and of course want to improve the family's economy so that it will be better in the future by investing some of the money your father sent you into BTC and I think that is a good plan.

Indeed, in explaining BTC, there are times when it is not always easy and not everyone can quickly understand BTC and even though they already understand, of course there are those who are interested and there are those who are not. so in my opinion in this case you have to be patient in explaining BTC to your mother and father and it seems because your father and mother don't understand much about BTC so if he refuses your suggestion of course that is a natural thing because he doesn't understand BTC yet so you can explain about BTC to your father and mother patiently because if they already understand about BTC then your father and mother may agree to your plan. However, you also have to tell your parents about the risks of investing in BTC so that you are not blamed if you suffer a loss from it. invest in btc. but in this case you also shouldn't force your father and mother to invest in BTC and indeed investing in gold or land is not too risky so let them choose the path they want.

Why convince anyone to invest in Bitcoin, especially if someone doubts it, it doesn’t matter if it’s your parents, friends or anyone else. Imagine the situation, if they now buy Bitcoin at 43k, and in a few months it will cost several times less, everyone you advised to buy will blame you for losing money, and not everyone will understand that they need to hold, there will be those who will sell and lose a lot of money, perhaps which they have saved for many years. If someone thinks that gold or real estate is a better investment than Bitcoin, then there is no need to convince them otherwise.

Their is no way you will invest in all three and you won't make profit out of them they are all lovely investment. The only thing now is money to invest in them. When there is resources to buy you will even be confused on which one to buy because they are all fine assets. And they are all long time assets. So if anyone is going for such assets then they must be ready to wait for a long time and at the same time have patience. But the three actually have good profits when you sell after the market is favorable.

If you are investing in bitcoin and you don't see any returns, you will need to be extremely knowledgeable about the market and be willing to wait. The greatest digital assets to choose are gold and bitcoin, which are safe options as you may sell them whenever you want. There are buyers everywhere.

First let them know the properties and their various liabilities, because when you talk about Bitcoin, it has a very interesting market right now then every other assets, most especially now that Bitcoin investment is untaxed in many countries around the world, and also for the fact that Bitcoin does not need any form of maintenance like landed properties will need.


For me, aside from Bitcoin, the other assets I can consider in it class is gold, since even gold is a sustainable investment which have not hard tax placed on it like housing and the rest


So if I must advice you, it to make sure you explain to your perants both the advantages and disadvantages of Bitcoin as an investment and how best their can mentain that.