OP, it's not just you, many parents think Bitcoin is a scam. In fact many of our parents can't keep up with the current times, they can't believe anything risky. However, you wanted to invest in Bitcoin at a very young age, you mentioned that you got interested in Bitcoin investing at the age of 16. I think your parents did the right thing then, because maybe you didn't have a job then. How would you invest if you didn't have a job?

Even if your parents don't support you can invest if you want. Because investing in Bitcoin is your personal matter. To invest in Bitcoin you should have a good source of income. If you have a source of income you can be successful investing in Bitcoin with the DCA method.

What a nice move, at  least we have some people at your own age we could manage to earn little and spend them away on unnecessary things and later begin to beg around seeking assistance, but now that you have the idea of investing and not only that, but in making the right decision over the best digital asset or currency for an investment, your future is going to be great in this if you continue.


At this age, people no longer depend on physical jobs and salary payments for their earnings, there are lots of opportunity in the digital technology online, whereby cryptocurrency and bitcoin in particular has led to the realization of so many life changing opportunities in bitcoin, you can now get more than what a physical job could offer in bitcoin if you know how it all goes.

Investing in Bitcoin is good to make you to be making money that isn't physical and it isn't wrong making money that way. Passive income gives you money that you don't have to be active to work to receive and that's the way you can grow yourself and become wealthy and not through salaries. You can also work physical works and get paid salary that you'll use to invest in Bitcoin and also grow your riches. The parents aren't wrong to their understanding because during their time, there was lots of successful online scams hence they want their son to get a real job but they're forgetting that, real jobs aren't available that many hence people have to look for alternative things to do that can give them money to use. Investing in Bitcoin and making money through it isn't wrong because you're not stealing the money but you're investing. Any work that you're doing and it is legit, do it to make the money and invest.

Those who do not understand crypto well and forbid others from investing in crypto is a natural thing, but we can explain to them about crypto well so that they understand that investing in crypto is not a scam, when you have explained it to them well of course it will change their thinking about crypto investment and maybe they will be interested in investing in crypto which will certainly be very profitable in the future.

To be able to carry out investment, of course we must have a stable income that we can set aside some of the income to be able to invest because it is very impossible for someone to carry out investment without the income that we have, so it is very important for anyone who wants to invest in Bitcoin to be able to have income in order to be able to carry out investment properly.

some parents just want the best for their kids and maybe that is why they restrict but if there is a proper explanation then I don't think there should be a problem once you make them understand everything about Bitcoin sometimes we always don't want to explain things to our parent because we feel like we don't hold them an explanation just maybe because we feel we are all grown up but we still, there have been a lot of scam cases and maybe that is one of the reasons they are still skeptical about bitcoin because when I made a section about bitcoin there was a lot of questions asked, especially parents, some said they hear about bitcoin because they always hear it but they don't understand what it is and some even think its a Ponzi and some understood it clearly.

The same advice I will give have something more physical to show and also to keep you going because the moment the market is not in good shape then you will have a problem because you will struggle when it comes to money in does period and even if you don't have another investment you should just have a job and that will be much better because you can not enjoying bitcoin without have a source of were money is coming from.  if you are holding for a long time and you don't have a source of income then you will have to look for one, to make things more easy for our self.

Yes, its essential that when you decide to invest, you should have at least a consistent means of income to fund your investment, most especially that we are talking here about DCA. Whether it's a physical demanding job or a means from online, that does not matter as long as you can afford to invest using your own spare money.

Don't blame yourself for their reactions, they are just used having traditional investment. But if you still not pursue your investment this time knowing you're capable to make it happen, surely you will regret it when bitcoin investment has gone too massive for everyone who dare to trust bitcoin.

That is one of the basic requirements to become an investor, since someone that does not have a regular income cannot really concentrate on saving and investing for their future, when they do not really have the means to deal with their present situation at all, still there are many people that ignore something as simple as this and decide to become investors anyway, and it is obvious such persons fail relatively quickly, as even the smallest crisis is enough for them to be forced to sell their coins.

It sounds nice and simple but is convincing someone and making them want to invest in bitcoin as easy as the theory we are talking about? I don't think that just taking the time to explain things to someone will make them easily accept what we say. That is why there are still many people who do not believe in bitcoin. Instead, why don't we use our investment results to prove it and that's the best explanation, IMO.

Also, is it a good idea to try to explain bitcoin to our parents and the purpose of that is to expect them to give us money to invest in bitcoin? Why don't we use our own money to invest in bitcoin? Why use other people's money to invest in bitcoin? I don't think convincing our parents to invest or giving us money to invest in bitcoin is a good idea.

I don't think it's absolutely necessary to educate our parents about Bitcoin, but it's good to be educated. Because you will invest your money in Bitcoin, parents don't need to know about Bitcoin. Now, if you are considering investing your parents' money in Bitcoin, you should educate your parents about Bitcoin. There are many people who have invested in Bitcoin but they don't have to get permission from their parents, their parents don't know what Bitcoin is. So if you want to invest in bitcoin, first learn to earn, invest small amount every month from your income in bitcoin in DCA method then your parents won't stop you.

I think, you took a good step by learning the Bitcoin and cryptocurrency before planing to invest in Bitcoin to become an investor, and don't forget to invest what you can afford to lose in Bitcoin and cryptocurrency investment, because the investment is different from other fiat investment you can invest all your funds and get results the next month or year. I know your parents will not support you based on what they have heard concerning Bitcoin and cryptocurrency which is not true but it is very difficult for parents to believe that is not true, because they got all those information from the government financial institution that made them not to support you financially or physically to achieve your goal and I don't blame them for such behavior. Well, the story make small sense OP, but at your age 18,  I think you are still a child in this investment and you need to use quality wallets to save your Bitcoin and cryptocurrency for you to experience huge amount of funds that will increase your capital.