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re: My dad wants to invest in crypto

Posted on 3/9/24 at 8:16 pm to
Posted by Jag_Warrior
Virginia
Member since May 2015
4129 posts
Posted on 3/9/24 at 8:16 pm to
quote:

Context is probably most important.


quote:

He is not computer savvy and knows zero about it. He has been seeing ads
Posted by DeathValley85
Member since May 2011
17206 posts
Posted on 3/10/24 at 5:17 pm to
Is his dad a dumb dumb investor? It’s possible to understand crypto from an investment standpoint without being a blockchain expert. If he thinks it’s a get rich opportunity he should steer clear.

Standard advice either way is do nothing or only put in what he’s willing to lose.
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