Hi /biz/I urged my father to buy btc in april 2024 but he didn't listen. Today he called me and told me he wants to buy 10 btc in the next few months for 500k euros. He thinks that he will make a 100% profit in the next 1-2 years. I told him to buy 2 btc, store the keys himself, sell 1 btc in a few years, and keep one. Do you think I told him good? I know he likes to panic because last april he went ape shit and thought ww3 is imminent.
>>62063978There is 0% chance that your father manages to navigate buying and holding bitcoin, that money is already in pajeets hands
>>62063978He's not wrong but>eurosShould probably secure a tax attorney in your country so your government doesn't take 80% of your profits or pull some shit like unrealized gains tax a la the netherlands
>>62063978Telling a boomer to self custody is asking for trouble, just set him up with a coinbase account with 2FA, much safer
