Did you convince your parents to buy bitcoin yet? If yes, how did you do it? I don't want them to miss out

>>60731500 (OP)
>convincing boomers to buy your bags
very based

Definitely gift them a suicide stack, or some other arrangement like guaranteeing their principal. When it appreciates they can keep the profit in BTC and have a free stack.

As for converting their assets to BTC, it's a tall order. Our wealth will eventually eclipse theirs but at least they will own BTC in part since most index funds will eventually have it as crypto companies bubble up and other companies use it as a treasury asset. It's kind of sad seeing their net worth decrease in BTC terms every year but when their entire life's work is on the line and they can't work much longer the safety is understandable. It's kind of weird though, all these 60 year olds are going to live another 30 years so that's definitely long enough to weather any downturns, they're just pussies.

>>60731500 (OP)
No, but I convinced them to buy XRP

>>60731512
and cutting your heritage down to 1/10th in the process. Splendid idea. What do you think happens after the masses bought in? Infinite happiness? The year 2028 will see AI inventing leaps in fintech software much bigger than crypto every few moments, and market them all with irresistible dopamine hacks.

>>60731544
wat

>>60731500 (OP)
Back in 2017, Bitcoin was approaching the eventual ATH, it was at $5000. My mom had started hearing about Bitcoin and was asking me if she should buy. I said I have no idea, I don't do crypto, so she didn't buy.

Except I actually already had a few BTC at the time lol. Never tell anyone you have crypto or know anything about it

>>60731825
The value of software drops to zero this decade, because AI can improve it so quickly. It's a disposable product now. This includes crypto.

>>60731500 (OP)
I did years ago but my father used an exchange that then went bankrupt (blockfi) and he lost most of it

>>60731500 (OP)
Smart boomers don't hold buttcoin.
Warren Buffet and others including early adopters already sold everything and hold cash, just waiting to slurp every kind of real assets in the inevitable crash next year.
Buttcoin, tulips, etc, these are all means for the plebs to get fucked by their better.

>>60731500 (OP)
i convinced my mom to buy bitcoin in 2011, actually
pretty happy about that

>>60731500 (OP)
Tom Sell-ACK

>>60731500 (OP)
I tried telling them 12 years ago.

>>60731894
Warren Buffet is in a completely unique position and even your "smart boomers" aren't shit next to him. So not a good example, but nice try.

>>60731965
Its not just the boomers, its the early adopters too, those guys who had been holding for 14 years.
They sold everything.
And no, Warren Buffet isn't 'unique'. He sold them for cash money, same as everybody else. He sold them, because he knows they will crash. It's not a 5D chess.
If that doesn't clue you in I don't know what to say.
Keep holding the bag I guess. Worst case is you'll still have the 0s and 1s. Even though they are useless. But since you like them so much, you do you.

>>60731989
>its the early adopters too, those guys who had been holding for 14 years.
>They sold everything
They sold to diversify, invest, or simplify.
Institutions are buying them en masse which shows more stability.

>Keep holding the bag I guess. Worst case is you'll still have the 0s and 1s. Even though they are useless. But since you like them so much, you do you.
Still a store of value, still an inflation hedge. Still getting adopted en masse.
The "useless" part tells me you're a seething nocoiner and good luck to you.

>>60731500 (OP)
I got my mom to buy crypto in the 2010s. I had her buy XRP and XLM mostly. She is continuing to stack and buys XRP, XDC, QNT, SUI, etc. She does $100-$200 a month from her Social Security check. I just described it to her in a knowledgeable way. She was especially convinced on XRP after I had described it to her and a random man appeared in her day that she ended up having a Godly divine feeling conversation with and he told her to buy XRP and she felt like it was a message from God. She also loves this Kim Clement who predicted 20 years ago something named X_P (he didn't know the middle letter but that it was 3 lettered and that the first was X and last was P would be an insanely profitable and worthwhile investment that would change the world and the world to those who bought it. I would never tell her to buy BTC though but did buy some myself a long time ago and so did she at the time (since sold it).

>>60731965
>>60731989
Buffet is out but Berkshire is on a record cash stack that makes even their GFC holdings pale in comparison. The everything crash is coming. The smart play is a small permanent bag of a handful of cryptos just in case and a huge stack of cash waiting for the uber-crash.

>>60731500 (OP)
I love my parents but they'd rather buy more garbage to hoard than even attempt to invest in anything. It's sad. They tell me investing is a dumb idea then they go buy another lawn mower (we have 4 now for some reason). I don't expect anything, and I'm not trying to be ungrateful, but it's a bit sad I know they're basically leaving me garbage when they pass.

>>60732230
I proved it to my family by just learning to trade crypto and make money. EVERYONE changes their tune when they see you making effortless free money like the kikes they boomer worshiped for decades. That is the only way to convince them. They will see, the stock market will die with the old men that started it.

>>60732219
I cant listen to kim clement. It would be alright if he didnt sing everything like a fag. I just couldn't take anything he said seriously, even if it was right sometimes. It does weird me out that he died early, either The Lord took him early, which for a prophet is a good thing. Or he was so wrong and cursed that he was just kilt off before he did anymore damage. Either way.

>>60732258
I got my mom to buy bitcoin in 2011 and she's made an insane amount of money
i love my mom

>>60732053
The hallmark of a crash is "irrational interest in irrational assets" that would inevitably crash, because it goes againsts the law of universe. Their fantasy simply wont work, because thats not how universe works.
Just like the tulips.
Just like dotcom bubbles.
And just like 2008 crash, you think the 'inatitutions' don't have a stake in the irrational housing scheme? Those institutions, even BANKs, crashed. Big and small.
Fast forward to now, irrationality for cryptos.
Even fiat which is backed by threat of war by the strongest nation in the world is going to crash, and you think crypto which is backed by pure hopium won't crash?
I have no skin in this. I just don't want another batch of fools get fleeced yet again.
I've seen it happen 3 times in my lifetime, each is exactly the same.
"Take profit while you still can".

>>60732330
You are absolutely right, but:
- We are not traditional investors with a stable life post AI. We are gambling for our 5% chance of unpodded survival beyond early middle age. It's this or getting MAIDed by economic terror regimes.
- Most of us know that it is hot air and raw bullshit. Crypto doesn't have any significant value over central DBs. Don't confuse the bots and paid shills with real opinion. We just can't get through that torrent of automated propaganda anymore.
- We live in clown world. There is a chance this bullshit will evolve into a privatized system of currencies, simply because too many people now know how the fiat jewry works, they have a good incentive to hide the traps a bit more. If Trump makes it to the end of his presidency, this could well be on the table. But I have the feeling he and his clown posse were "elected" to take the blame for the AI policies. The other party wouldn't be able to get that much compliance throwing the middle class into poverty. Musk doing the double Siegheil on stage, and the ADL calling it an accident, that's when I thought that the elites wanted them badly. Institutions like the ADL don't randomly act completely out of character.

>>60731500 (OP)
no, because you need to understand btc with high conviction in order to hold it and not let your emotions get pushed around during massive unrealized losses. never give your family investment advice, what if they panic sell and then blame you?

>>60733012
>Crypto doesn't have any significant value over central DBs
so you dont understand crypto either
anyone ITT please DYOR before you miss out on the most obvious financial transition of all time cuz boomers were too mad they missed out on it

>>60731544
>>60731876

>>60732230
Four lawnmowers, Anon? Four? That's insane.

No, in fact, yesterday I reminded Mom had she used her inheritance to buy when I told her about it, she'd have 1.5 million bucks.

>>60731500 (OP)
I got my psrents to buy MSTR because they are boomers and trust my random stock picks more than just buying a bitcoin ETF because they think bitcoin is a scam but they have no idea what MSTR even is or does they just buy it.

Dad asked if he should buy bitcoin when it was at 80k last year

I said doge or XRP

He put 100k in XRP so he’s sitting at a nice 600k or something now. He told me when my wife and Is first is born (expecting October) he’s going to buy us a house with whatever the xrp is worth

No. They shouldn't because it's waaaaaay too easy for boomers to lose it all.

>>60731544
LLMs can't invent anything

>>60731500 (OP)
BTC was trading at $1500 when I first mentioned it to my dad in 2017. Should I feel guilty for not trying to convince him to buy? I'm a millionaire now while he's old and broke.

>>60731544
>AI inventing leaps in fintech software much bigger than crypto every few moments
midwit

>>60735625
Nor does human. We all learn and 'inspired' by others in existence, whether we realize/admit it or not.

>>60731500 (OP)
Boomers aren’t retarded like you. They own stocks, real estate and dividend yielding investments. And they aren’t stupid enough to buy overvalued crypto like bitcoin.

>>60731500 (OP)
I convinced my mom to buy a coin when it was around $2k. She wanted to put in more but my dad said it was a scam.

Last month he wanted to sell it to pay for my sisters wedding like the quintessential retarded boomer he is.

>>60737413
k then

>>60731500 (OP)
I tried this conversation before the last bullrun with my in-laws. I managed to time the talk right before everything ramped up, explained the four year cycles, nothing. Just got the empty stare.

>>60739137
why not explain quantum physics instead

>>60732053
>Institutions are buying them en masse
institutions are shit.
if you look at it there are 3 big players who cash in 90% of profits. that is the reality. that are the numbers. your little shitty hedgefund that is underperforming the market because of muh conservative risktaking doesnt mean shit.
99% of them wont survive anyway.