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12909328 No.12909328 [Reply] [Original]

Boomer asked me how to buy BTC
>Why? It's a scam.
>i don't know, it sure fell a lot in price but it's been down so long without going to zero that I think it's worth holding some just in case.
>then he asks me what exactly is btc and how to store it, etc, etc.
What do?

>> No.12909346
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12909346

>>12909328
turn that boomer into a zoomer

>> No.12909351
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12909351

>>12909328
Sounds like you shouldn't be in crypto if you can't answer those questions anon.

>> No.12909357

>>12909351
I doubt he's unable to answer the questions. I think he's wondering if it's a good idea to do so.

>> No.12909364

>>12909328
Fuck boomers and please kys.

>> No.12909375

>>12909357
>>12909328
It isn't good or bad, you show him the ropes, explain the risks if you want and never invest his money on his behalf. Give him knowledge and let him do all the actual work. What's bad about that?

>> No.12909390

>>12909351
I know how to answer him. It's just weird how a literal boomer asks me out of the blue about btc during a full bear market when everyone is convinced crypto is a scam because I'm the most nerdy guy he interacts with

>> No.12909392

>>12909375
Never give investment advice to friends/family. Tell them that you're invested, but make it clear that you don't want to give financial advice because crypto is extremely risky. That's what I did when my normie friends asked me about crypto in 2016/2017.

>> No.12909402

>>12909375
I'm from a third world country. We are having serious inflation here. When a boomer is thinking about hedging in btc it makes me very nervous

>> No.12909411

>>12909392
yeah man, i’m so fucking glad i told basically no one about my involvement in crypto otherwise not only would i have to put up with the endless gloating about the bear market but also the endless complaining about losing money.

>> No.12909416

>>12909392
I FUD crypto always. I'm the kind of guy every normalfag is convinced is heavy into crypto. I don't want them to believe they are right. I want to live without looking over my shoulder everyday

>> No.12909420

>>12909328
where exactly is the dilemma?
someone kindly asked you for some honest advice, how about you just give him a solid answer and don't create pointless shitthreads?

>> No.12909434

>>12909390
A bear market is the best time to buy
But your other points are valid. Never reveal your crypto power level.
Even those you trust absolutely will leak info by accident

>> No.12909437

>>12909328
Just tell him to go to coinbase and forget about it

>> No.12909466

>>12909437
Can't use goybase in my country

>> No.12909584

>>12909328
Say you don't know. We can't have these fucking boomers joining us with our riches, we need to keep those fuckers down in the dirt where they belong.

>> No.12909616

I thought the old adage was when stupid money wants in, get out. Isn't this a SELL signal?

>> No.12909709

>>12909616
No, the boomers have seen plenty of bubbles and know when it's a better time to buy. Ask Warren buffet. This is his strat and why he sucks when stocks are fairly or overpriced for too long

>> No.12909983

>literally hoarding knowledge
lol
I get it, but lol

>> No.12910011
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12910011

>>12909328
sub 1k imminent

>> No.12910497

>>12909328
Help him purchase.
Keep a copy of his private key as suicide insurance