Has anyone came out as a "crypto investor" to their parents?

nice larp kid

now get a real job

Haha that sound like something my mom would do.

kys normie

Stop projecting. We aren't all fucking NEETs here.

Most people who do this are insecure about their accomplishments and feel the need to brag because they finally made their first $10k by "investing". Keep it to yourself. If you give them investing advice and it fails, they'll hate you.

NEVER DO IT AHHHHHHHHHHH

I told my parents when I was at 6k profit. My mom almost forced me to get my money out. My dad kept calling it a bubble and fudding. I lost so much money just because I became an emotional trader. I'm now at 35k profit. I will never tell them again until I cash out.

Ooh btw im down 15k in a day. FUCK ME

kek I can picture this in my head

Yeah. They think I'm an idiot getting scammed.

Arguing with my dad aboit fiat is the worst ever "but its backed by the government!" NO

same here, I make more a month than they do but they think I'm depressed hikki NEET who can't work and who plays vidya all day and who only gets welfare.
I mostly leech from them food and cash (lmao ain't spending my own shit) while chillin in my comfy basement, they don't know shit bout my coins and how much I already have.

Don't present it as anything more than a business opportunity.

Hey dad - check this out. Explosive growth, growing international interest, huge future potential, etc. don't compare it to money. Crypto is a new paradigm, not another dollar. This is literally the World Wide Web 2.0 and we are barely scratching the surface.

> It's 1994 and your dial-up account ran out of minutes for the month.

>It's 1994 and your dial-up account ran out of minutes for the month.
fuck this

>every time your pentium 90 crashed it lost the modem drivers

>playing Ultimate Online with hours worth of loot and your computer crashes

>how fast can you log back in to avoid dying or recover your corpse?

Picture related: me fixing my computer and logging back in

fuck off retard

ur a nigger

t. LINK buyer

I told my mom about it yesterday actually. She wants to give me 1k to invest for her. I told her I’m not going to day trade with it though. Just gonna add it to my stack and she’ll own a .25 of one BTC. Could be a lot of money some day.

My dad, on the other hand, doesn’t really get it. He’s 75 and has made a lot of money in boomer investing. Basically stocks, IRA’s, 401k, etc. Most boomers outside of the tech world don’t understand the idea of an alternative currency as a hedge against, or an eventual replacement of the dollar. Just like all the other things boomers don’t get about how the world is changing. This is just what happens when you get old. It will happen to us too.

> (OP)
>Sure have. Presented the business model of mining and potential of the crypto space of them a few months ago.

LOL. . . . . What are you 12?

A grown adult "presenting a business model" to his own parents. How's that codependent relationship with unhealthy boundaries working out for you?

Be sure to let your parents know when your wife has her period too.

Jesus Christ. Fucking millineals.

I convinced my wife's family to give me 100k, basically her life savings, because I made it sound amazing, like I could get them to be a millionaire within a few years.

Up until now, my entire stack has been about 8k.

Let's hope I don't fuck this up.

I'm high schooler. My parents first called me virtual freak and all that slurs but then the money came. I invested 10$ and got 400$ in return in like 7 days. My mom would work for a month for that.
Now they support me now and then.
When I grow up I'll invest in stocks and this seems like a great starting point.

I wish I had the link to the guy who spent his shared savings account on crypto and lost most. Much lulz. And divorce.

You are a fucking idiot btw

I was in that thread.
But I actually know what I'm doing so we'll be fine.

I hope you’re not planning on gambling all that money in crypto. Some is ok but you want to spread your risk level across conservative, moderate, and aggressive investments. Buy some municipal bonds and brick and mortar stocks or something.

>from 100k to 8k
you are basically fucked...

Already did but tbf I am small time, I had just 2k€ worth of btc and I sold it all yesterday

I think he said he had 8k up to that point. Now he has 108k, hopefully not all in crypto.

ah okay

Why’d you sell, user?

I'm pretty sure he means he's 8k up, at least i hope so, or he is indeed royally fucked.

his wife's dad is gonna come arserape him in his sleep.

What DO I tell them? Or more importantly what do I tell anybody who asks what I do?
Currently dating a girl and have told her I just finished my degree and am looking for a job (neither of which are true). Not sure if I should tell her my plan is to just leech off of her.

>all that success
>wife

You almost made it.

I told them over a year ago that they should buy ETH at around $6 and buy BTC at like $500. At first they thought I was crazy, so I never brought it up again until both were mooning. Now I make fun of my dad every chance I can about ETH being $300 and I give him crypto tips all the time so I can then flaunt the gains in his face. I know he'll never follow through with them and he keeps saying "Just wait, it'll all come crashing down." and I get to say "I don't care if it does, I've already cashed out 30x my initial investment." I want to judge them, but I'm sure when my kids tell me to invest in something I won't listen.

Im a good trader because my father was the best on wall street 1989

they trust me, its in my blood

108k, yes.
It's in crypto.

nice get

> tfw family always gets me normie level 10€ science books but I have a physics degree and I already know this shit by heart

teach me your secrets. whatst he next eth and what do you currently do?
what do you look out for?
or was ETH the one luck wonder and your still profiting solely of that

The trick is you have to wait a few years for a good investment like that to come around.

People who just wait for years and years looking for a gem and then bet on it make a lot of money.

I told my dad and He bought some BTC a few weeks later too.

you betting on LINK ?

>My wife's familys money

Oh boy you're in for a world of pain. Better pepper your Angus

Dude, you will get emotional and you will lose it. That is what happens when you trade with money that you know you can't lose.

do you discuss stuff with other on a teamspeak or mumble or something? i would love to talk more to someone thats been trading for so long

That’s a pretty big gamble man. You must have a big penis to be confident enough to risk all your wife’s money.

Divergence of volume spooked me. It also looks like a h&s is forming. Could be bs but I just didn't feel comfy in there. Got me a little eth though cause it went down for a while and it's the good stuff. Wish I had the time to research icos but I have a day job keeping me busy. Like, link looks good... a few weeks ago when it was still cheap. Well, eth could still benefit from it.

Flipped the ICO at the top and got out. Not interested.
I'll be ok. I know what I'm doing.
I actually charge for cryptocurrency consulting (about 0.22 ETH per consultation), which I can do over skype. If you're interested, I can give you an email to reach me at.
I'm kind of underplaying it but I actually do know what I'm doing. I'm not just throwing it all in something and speculating.

You fucking retards should learn to fucking read, he said he had an 8k portfolio before he got the 100k.

I should clarify that I may be interested in buying back in again later, so that's not a definite thing, but I'm not buying in right at this level yet.

Haha no. 33. I talk business with my parents. Presenting revenue models and business opportunities is part of my "hey - this is what I'm doing in my life" update when I talk to my folks.

You do have a normal relationship with your parents, right?

It's bullshit but I believe it

so what price will you buy in link. i got in at 36 cent. that seemed pretty good to me.

also sure il take your email and see what i can do with it. not sure if i will bite but its probably pretty informative.
i was just wondering if you have like a chat with all kinds of pros

no but I will tell the job interviewer after he asks me why it took me 10 years to get my degree

Pretty much thisI missed out on bitcoin at $3 because I thought "There's no way this shit will ever take off. It's fake money" Then I forgot about it for a while. I came back after the mt. gox shit and bought some at $500, and ETH was a new coin that people were hyping like crazy so I decided to buy some of that and hold it for a while (even through the DAO hack). Oddly XRP has been my biggest gainer because I bought 150k at 1k sats when btc was $600 and then it went up like crazy. Now I've sold all my eth, btc, and xrp and went into link ICO, loopring, and cindicator ICO. I feel very good about these 3 tokens and will be holding for at least a year.

Yep my parents keep telling me Mark Cuban says we're in a bubble and I need to listen to him because he has money

>playing Ultimate Online with hours worth of loot and your computer crashes

Sisters keep picking up the phone to boot you off the internet while you're deep in a dungeon.

I forgot these nightmares.

yes about ICO why is this expected to do well?

also whats your opinion about REDD and colx?

I don't have a "big secret chatroom" with pros, but I do look at what other investors are saying, of course.
You can email me at [email protected] for now.

As for LINK, I got in the ICO, waited for it to reach centralized exchanges with impending news, and sold when I saw the volume start to fall and what seemed like the end of its uptrend. It was as simple as that. If I'm going to buy back in, it will be when I have a similar reason and a plan for when to sell and all that.

Lol fuck that. Throw it all in on a hype coin right after the listing dump and ride to 2x.

Then start derisking by selling half at 2x and just letting the rest ride.

This is basically what I did.

I put 150 into the rise ICO at .007 cents per coin. Sold at .35 cents per coin.

WHATDYA THINK ABOUT MY SCAM COINS NOW, DAD

That's adorable.

Call your mom up and tell her you love her.

im happy for you user

last question. which coin do you sell with? as in when you get out of LINK or ICO do you get BTC for them ot ETH ?

Rofl your mom worked a month for 400? Where do you live? Venezuela?

That just depends.. I have different reasons for using either one so I can't say definitively one way or the other.

if you tell anyone any actual specifics you can mentally benchmark yourself in a way that's not logical depending on how much that person's impression matters to you on a momentary basis. ultimately it's good to get over this probably but it also doesnt really serve you to talk too much about it

My (literally) poor mother spent twenty years raising 9000$ for me, which was meant as a startup money for buying my own home one day. If I told her I had taken every penny out of the bank and given them to people online, who gave me nothing but a picture of an illegitimate coin that supposedly represent actual currency she would never forgive me for it. But, one day, when I'm a crypto millionaire I will buy her a nice fucking house or something, because damn it she's worked hard all her life and she deserves it

Wait...did you just say that you lost the $9000 your mother worked hard to give you? What is wrong with you?

Please learn to read. It's all in crypto but if he told his mother that she'd think it's all gone.

If you had a real job they'd probably be proud of you for investing in an emerging technology as well.

>only up 8%

That's fucking pitiful.

Thats his original 8...

I dont think you guys should be in crypto.

You're an idiot too.
I started with 8k of my own money. Got 100k from my wife's family. Now I have 108k.

I never said anything about how much I've made with that money and I just acquired the 100k recently.

Oh. My bad.

So, how are you doing? What's your portfolio breakdown?

I hope you're good...

There are good coins out there but they are already running.

Don't rush and make sure to derisk on new alts.

You will make a mil in a year tops.

LOL. You presented a business model to your parents. You took time away from being with your wife to visit your parents and present them with a crypto mining rig business model? Fuck outta here you larping faggot.

Why would you go elsewhere if you can get the money from mom and das? Seriously why would you? It's just rational.

You do not know how to read, do you?

I didn't ask them for money. I'm doing fine. Who asks their parents for 10k for crypto???

>HEY MOM IVE GOT THIS SUPER HIGH RISK SPECULATIVE INVESTMENT. CAN I GAMBLE WITH PART OF YOUR RETIREMENT?

Not gonna happen here. More like:

> Hey dad - have you heard about Ethereum or Zcash or crypto mining? I don't know if I'm reading these charts right but I'm making $4/day mining with my gaming computer. I'm going to try to scale it up with 30 GPUs and see what happens. This is how mining works and what crypto is. If things work out great I'll tell you how it works out and will help you set up equipment if you're interested."

Picture related: my son looking at his future empire

She's a lot of the reason my success. Things she's pushed me to achieve:

>graduate college. i was about to drop out after 18 months of academic probation.

> quit drinking. alcohol steals time and potential. I wasted a fuck ton of it.

> apply for 3 of my recent promotions. "user - you need more challenge and I can tell you're bored. this job looks exciting"

>become a father of two. changed my perspective of reality for the best.

I told my parents a few weeks ago. First I asked them if they knew what BTC was, they said "no idea user", so I proceeded to explain a little bit. Then I told them how I started with a small amount of 200€ and that it became 1500€ in a couple of months. They were surprised and told me they wanted to invest as well, so they gave me 500€.

Now we have a deal. we started with 2k€ (my 1500€ and their 500€), so 25% of whatever amount I reach, will be theirs.

>What are you doing soon
>*closes Buttrex* and find the nearest Ark thread
>N-nothing. Looking at porn

I'm happy for you user. Hope I make it like you one day. Not just money wise, but also family wise.

And you're not take a percentage of the top? Why would you risk your parents money when it has literally 0 gain for you?

>come out as a crypto investor
lmfao you are an actual faggot

did you tell them that Mark Cuban is also investing in crypto?
guess they should now

I was up $50k in crypto and ended up losing it and being back to my original investment. My mom would probably kill me if she knew lol.

Lol, my mom just saves me every paper she can that so much as mentions crypto. She also refers me to stuff she found online about crypto.

She's big into coupons, so she runs across crypto every once in a while.

I managed to convince my parents that crypto is the next big thing like the internet was.
Guess it helps that they are suddenly seeing all these news articles and TV programs on buttcoins everywhere right after I tell them its going to be huge.

I can't wait until I start yelling at kids for investing into the organ/tissue trade and "behind the ear" augmentation market.

>Damn kids should be investing in crypto, not these new-fangled sub-dermal holographic chipsets

What ath's did you buy my man?