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Anonymous

23 Dec 2019

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My child is interested in investing in cryptocurrency, should I support him?

He's 15, and despite him showing me multiple reports about how crypto is the future of finance, I'm still skeptical. Do you think that I should support him in this endeavour?

Discussion (27)

What are your thoughts?

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I think as long as he uses his own money - e.g. Ang bao savings, part time work it's alright to support him!

Yes! support from parents can be a wonderful thing.

Even if he fails, its good to try and fail, better than not trying and never knowing whether he did right.

I fully support parents who support their kids!

There is not enough research and evidence yet to see if cryptocurrency is good or not. I would commend his interest, but encourage him to earn his own money to invest. I would not invest my own money in it.

Let me be frank. I got a few friends also showed my many reports and data about crypto and how fanta...

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