/biz/ - Business & Finance

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Do you tell your family about your investments? Anonymous Sat Jan 9 05:23:35 2021 No.25731901 [Reply] [Original]

I told my parents over Christmas that I had invested some money into Bitcoin. Now they say "I see Bitcoin has gone up, you have to sell right now!".

Does your family get involved and want to give you financial "advice" as well?

>>	Anonymous Sat Jan 9 05:24:20 2021 No.25731915 >>25731901 >you have to sell right now They are right

>>	Anonymous Sat Jan 9 05:25:10 2021 No.25731932 >>25731901 yes it makes no sense to them that someone would hang on to their investments rather than cash out to consoom

Anonymous Sat Jan 9 05:25:22 2021 No.25731937

Oh and my mom has never invested money in her whole life, she knows nothing about business. But she also likes to give advice on what I should do with my business, that I should change my website, my products etc.

And now she said: "My philosophy is to cash out once you've made some money on your investment, because until you sell you haven't made anything".

>>	Anonymous Sat Jan 9 05:25:42 2021 No.25731952 >>25731901 Told my mother. She told me to not be greedy and cash out something before I lose everything.

>>	Anonymous Sat Jan 9 05:25:52 2021 No.25731955 >>25731901 They are not wrong, but they shouldn't be giving you orders like that.

>>	Anonymous Sat Jan 9 05:26:02 2021 No.25731961 >>25731915 i convinced my mom to never sell your weak hands will be left holding exactly what you deserve

>>	Anonymous Sat Jan 9 05:29:02 2021 No.25732013 >>25731932 Kek

>>	Anonymous Sat Jan 9 05:30:05 2021 No.25732032 >>25731955 Yeah. Im 30 years old by the way, I moved out 10 years ago and I make more money than they do.

>>	Anonymous Sat Jan 9 05:37:28 2021 No.25732155 >>25731901 no, siblings already do it themselves, rest dont care apart from roth ira

>>	Anonymous Sat Jan 9 05:38:37 2021 No.25732177 >>25731901 Never talk about your investments or power level anon

>>	Anonymous Sat Jan 9 05:42:39 2021 No.25732242 >>25731901 Kek boomer advice.

>>	Anonymous Sat Jan 9 05:44:07 2021 No.25732274 File: 125 KB, 1258x864, didi.jpg [View same] [iqdb] [saucenao] [google] >>25731961 Context.

>>	Anonymous Sat Jan 9 05:45:04 2021 No.25732291 I aske my brothers. They are all convinced it will come back down. They have been saying so since 20k. Lel. I ask and as long as they think its overpriced I buy more. If their vision mattered they would have bought themselves already.

Anonymous Sat Jan 9 05:47:38 2021 No.25732343
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>>25731901
told them im in crypto but never said the amt. in six figs now but im sure they think it's peanuts (4 digits). just waiting until i hit 1mil+ and tell them im retiring out of nowhere.

>>	Anonymous Sat Jan 9 05:48:14 2021 No.25732351 File: 46 KB, 480x480, 1604016929720.png [View same] [iqdb] [saucenao] [google] >>25731937 Just dont give her a coin name it could be a stable coin for all she knows thats what I do

>>	Anonymous Sat Jan 9 05:48:29 2021 No.25732357 My brother knows and also has some. He told parents, but I always act like I don’t know what they are talking about when they start talking, so parents might not know that I have (however they are sure he has). Nobody else knows about me.

>>	Anonymous Sat Jan 9 05:48:34 2021 No.25732359 >>25731901 yes, and I'm trying to get my three siblings to invest too, we all got 15.000€ from our father when we turned 18, but I'm the only one who invests

>>	Anonymous Sat Jan 9 05:50:43 2021 No.25732402 >>25731901 Same happened to me in 2017. After it crashed they said "I told you to sell". Now my portfolio is bigger than in 2017 and I tell them to fuck of with their stupid boomer advice.

Anonymous Sat Jan 9 05:51:19 2021 No.25732416

>>25731901
Yes I did. It was a mistake. Try to not mention it again it's not worth it, they don't understand and try to give advice when they don't know jack shit
>muh I have lived on this planet for much longer than you so I know more than you
fucking cringe, boomers are fucked

>>	Anonymous Sat Jan 9 05:54:26 2021 No.25732478 >>25731932 I told my parents in November that I had about £6k worth of cryptocurrency. >Why don't you just sell anon, £6k is a lot of money I tried to explain but: "u could buy a car!" etcetc Skip to today it's worth about £18k

>>	Anonymous Sat Jan 9 05:54:28 2021 No.25732479 My mother has iron hands. I'm trying to get her to sell a tiny amount so she can have a non beater car for once in her life, but she likes to watch the numbers go up.

>>	Anonymous Sat Jan 9 05:54:45 2021 No.25732486 >>25731901 i dont say shit because i dont want retards telling me there 'opinion' when they have half my iq

>>	Anonymous Sat Jan 9 05:56:04 2021 No.25732509 >>25732486 You seem like a nice person.

>>	Anonymous Sat Jan 9 05:58:26 2021 No.25732570 >>25732416 > I have lived on this planet for much longer than you so I know more than you Kek, thats exactly what my mom says.

>>	Anonymous Sat Jan 9 06:00:13 2021 No.25732614 >>25732486 >there

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