If your parents think bitcoin is a scam and don't trust it enough, you can introduce them to bitcoin ETFs. I think that's enough to prove and convince them that investing in bitcoin is legal and safe. In addition, investing in bitcoin through bitcoin ETF will partly avoid the troubles of storing bitcoin yourself, everything will be much simpler.

But if it were me, I wouldn't encourage or support my parents to invest in bitcoin, because I don't want them to have to face the stress caused by bitcoin's volatility. Our parents are the older generation and now is the time for them to rest, not the time for us to force them to continue making money to take care of us. So I would never advise my parents to invest in bitcoin even if they wanted to invest in it.

lol!
My mum isn't even technologically inclined to know what Bitcoin is all about even at the moment and it didn't even make any difference to her if Bitcoin existed or not. In her time as a youth, what's mostly predominant at the time is basically doing the regular market trading where you sell your goods in the local market with the use of the fiat and that was okay for them and they didn't need much of an alternative means of financial systems outside of the banks. Dad on the other hand has some basic knowledge if Bitcoin based on his personal research but hasn't bought one or even thought on considering putting a dime into it as a possible investment option. It's for a generational something where a particular generation is exposed to a certain way of wealth creation that's somehow different from what's obtainable with the previous generation.

Did this affect my journey into Bitcoin? Absolutely yes. I didn't get know about the decentralized system earlier enough because no one around me was interested in it but only got to know about it when I started my undergraduate journey. If I had stayed back with my parents, I would have most likely taken the same financial part they took. What's going to be the general implication of my knowledge on Bitcoin to my children? They will learn all the basics of Bitcoin investments at an early age and with my exposure on the importance of making early investment, I would Ensure that start off as early as possible but that's going to be at there own discretion. Don't really fancy the idea of imposing shit in people.

They dont, they are old enough and not even following the technology in general. It is even hard for them to use smartphone, mostly they use smartphone for phonecall/messaging only. Even though they know that I am as their son investing in cryptocurrency, they do not really care about it and they do not want to know about it more. Maybe because it is related to education background which is so low in my country, not many people who are in the same age as my parents are well educated in my country.

where I live, many parents invest in land or build rental houses. If people found out that we were directing their thoughts to investing in digital currency, they would be laughed at and they wouldn't want to hear about it because for them it was just a hallucination or just empty talk.

People of this generation are most aware of Bitcoin. People who are above middle age may not understand Bitcoin very easily but with time they too can get a good idea about Bitcoin. The attitude towards new generation Bitcoin is strong. In the next 1 era it will be difficult to find someone who does not know about Bitcoin. Once someone realizes the potential of Bitcoin, he will definitely not go out of Bitcoin. No other investment platform will be attractive to him other than Bitcoin. But one thing must be kept in mind that Bitcoin is good as an investment platform but there is also potential for loss. A person must have at least a basics about Bitcoin before investing. Otherwise he will fail to retain his wealth.

My parents do not know anything about Bitcoin, moreover my parents understand much less about the online world. This is why neither of my parents invested in Bitcoin. Also I never tried to explain them about Bitcoin, I don't know why?, Also they are not very interested to understand about Bitcoin, my father is a businessman. He has been doing business for almost 20 years, business is very dear to him. So I didn't want to separate him and put him somewhere else.

But I have been investing bitcoins on DCA method on regular weekly basis. I will continue this for a long time.

That is the situation in most places where elder people have no interest in anything that is done online because they believe it is something useless. I have often heard elderly people saying that the internet and everything in it is only here to keep us away from the world and our lives because they see people using mobile phones and other electronic devices all the time and have less to no time for their families.

This is one of the reasons why it is difficult to convince a person from old times to accept cryptocurrencies and make investments in them because they would say that they would rather invest that much money in something that has a physical existence instead of doing it digitally on something that they can't even have or see.

My parents haven't decided to invest in Bitcoin yet, but I'm working on it

No. There would only be a few people whose parent invest in Bitcoin. Older people see Bitcoin as a new age thing and it’s not for them. They don’t want to detach from the bank because all their lives it has worked for them. So they don’t have the zeal despite understanding what it does. They believe it’s our own luck and benefit. Only very few parents would even understand how Bitcoin works and why.

My parents don't even know about Bitcoin, they are too busy in their career. I am the only one in the family that
has full interest of Bitcoin.