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Since #sonTwo’s father-in-law is trying to get them started in #cryptocurrencies, I guess I need to do some reading.
I’m sure he’s looking at the $CRYPTOCOIN value in US dollars charts and thinking of it like the stock market. However, stock markets are regulated (even though I still think they are sometimes manipulated), and cryptocurrency exchanges are not.
I told my son (again) to concentrate on coins which are actually used to buy and sell goods and services rather than being led by upward curves on charts. I know the youngest ( #Daddy_A ) isn’t doing any cryptocurrency stuff, but I should ask the oldest ( #sonOne ) whether he’s doing it. If he’s doing it and can give his brother the same advice (but from the perspective of having done it), then it is more likely to be followed.
I should probably try to buy some cryptocurrency on “LocalBitcoins”:{https://localbitcoins.com/}, so I’ll have some skin in the game. That way, my conversations about the topic will be from the standpoint of someone who has some risk of losing money.