Does that mean you would lie to your parents in any way to get their money to invest in bitcoin? I can say this is the worst idea ever. Why don't you go to work, make your own money and invest in bitcoin, instead of lying and taking your parents' money to invest in bitcoin? And if you do this, you're trying to tell your parents that bitcoin is a scam.

If they are already not interested in investing in it then why are you trying to persuade or try to deceive them? If they don't want to invest in bitcoin then leave them alone and don't bother them. In our forum, there are many young people who are still going to school and receiving benefits from their families, without a stable income, I hope they won't take your advice to get money invested in bitcoin.

It isn’t as deep as you make it seem. To cut the long story short, what I suggested is very simple and straightforward. It’s not scam because you’ll end up telling them this is what you did with it. I’m not sure your kind of parents but it depends on the relationship you have with your parent. For me, I don’t see a big deal in it as you put it.

I don't think bad ideas when recommending our parent for investing in bitcoin than hold their money in the Bank only without increasing yet but get inflation values in the future, your opinion is right OP need to invest in bitcoin from his own pocket but he want to make their parent assets get more increasing when investing in bitcoin.

Firstly its difficult approach when talking about the interested and benefit side of bitcoin become investment assets, but after all of them know how much bitcoin price increasing year by year will make them interested to buy or investing in bitcoin than not benefit yet earn when holding their fund in the Bank. I think need to make good approach for parent not understand well with cryptocurrency digital era and benefit earn in the future when bitcoin price raising up drastically.

If I may advise you, you don't need to write as long as you wrote.

If you need to know about this.

Bitcoin is generally known to everyone, from rural areas to cities, young and old, women and men, fathers and mothers know about Bitcoin, it's just that they don't believe in how Bitcoin actually works, that's the main problem that we have to provide a good and perfect understanding.

Bitcoin is a digital currency, which is operated by connecting to the internet, Bitcoin is not something that is difficult to understand, there are many sources that can be learned about Bitcoin, in essence: provide a detailed understanding of its advantages, How Bitcoin actually works, automatically they/father/mother will buy Bitcoin, what's more our parents like trading or investing, it will be easier for them to accept Bitcoin and buy it.

I agree with you. I understand you want to do some good for them but this is not the right way to do, you are lying to them and, in a certain way, you are implying that they are too stupid to understand what you want to do, so you have to do it behind their backs. We are talking about family and money, it's already a delicate matter, you also add lies to the mix and good luck with that.

LOL, that's a great way. Well, the best way is also to ask them for money to invest, and we use it to invest in bitcoin. Even if you use the DCA method, it doesn't matter. When you have enough bitcoins from your parents' investments, you can buy them a house. However, not all parents are suitable and understand the Bitcoin system. The best way is for them to give us money and support for it.

I don't believe you after making a profit from bitcoin and buying a house for your parents because from the beginning you intended to take their money to invest without the intention of working to make money for yourself and making money to help them. Also, have you thought about the scenario if your investment fails and you lose all their money, how will you explain to them or will you continue to make other excuses to keep asking money from them?

I am married and have children. If it were me, I would stop giving him money if I knew he wanted to use my money to invest or do business. It's not that I don't want to help him, but if he thinks about getting rich, he must first know how to make money himself and not depend on me or anyone else. Life is not easy and if we make a habit of depending on our parents then what will happen when they are no longer there? So build your own career instead of just thinking about depending on them.

Appreciate your perspective and respect for parents. It is undeniable that parents wasted their youth nurturing us and raising us carefully. And they should take care of us in their old age as our parents did in our childhood and they deserve it. But there is a lot of difference between their view and our view due to time and generation gap.

Briefly let us clarify the matter with an example, one of my cousins ​​wanted to do import export business and explained to the family. However as his family members were engaged in agriculture they did not give consent as they did not understand his son's import-export business. Later he started the business with some loans and five years after starting the business he was able to buy a house and a car. If his parents had first realized that their son would be successful they would have supported him by giving money at the beginning of the business.

In my opinion, this is best avoided. Because this is the same as lying to your parents by arranging their finances to invest in Bitcoin. It's true that investing in Bitcoin is good, but the way you do it is wrong, like pushing yourself too hard without your parents knowing what Bitcoin investment is like, what the system is like. The risk is that if they don't know about Bitcoin, at any time they need money when the market price is down. How to explain it to parents? Don't we know invest in Bitcoin with cold hard cash?

Don't be too pushy, we should educate them first about Bitcoin, if they understand and let you manage it, that's better. because at least they know the Bitcoin working system. However, most parents prefer to invest in real objects such as gold, property and land. Only a few parents understand that Bitcoin investment is more profitable than other investments.

If you can invest into bitcoin without dragging your parents’ funds into it, then that would be a lot better. As much as we want them to learn and invest into bitcoin, but I don’t think that’s a good idea most especially if your parents are both senior citizens, as they can be highly emotional whenever they’ll see their investment is not doing good. Just invest with your own hard-earned funds, not your parents’ funds, as you will never guarantee winning in such a volatile investment most especially if you are here to make quick profits.