Unless they hate their family and want to see them come crashing down in a ball of fire and misery, finally getting what they deserve for decades of pain they themselves created

...why are you looking at me like that

I did when family asked me. I said it's a good way to play with spare cash that you have no qualms about losing. That it's the most volatile place you can put your money, either making a few bucks or losing it all

That's how everyone described crypto, right?

But guys, AES256 is the new standard!

I bought bitcoin at $6.

Now if I could only find that damn hard drive.

Yes, times a thousand. But I would go even further.

Never give investment advice. You might explain what investments you have made and why you made them, but never give advice and never urge or prompt someone to invest. You should also end every conversation with "but that's not advice and I'm not an expert." It is too easy for either the investment to not work out, or for them to do it wrong (wrong timing, panic sale, misunderstood the options, etc).

The last thing you want on your conscience is someone investing a life changing amount of money just for it to go down in flames. I might invest $1000 in something that I think might pay off, tell someone they should invest, and next thing you know they drop in $40k and panic sell on a dip in two weeks, when I was planning to hold for five years. You never know.

Disclaimer: not financial advice, also the stuff mentioned here is specific to a certain country and to my mom's situation.

I'll share a slightly uplifting story I guess? My mom has asked me for advice after she asked me what I was doing with my money and found out I was doing well with it. It wasn't unsolicited advice so that probably helps. I don't have some crazy life hack or some crypto scheme. I just presented her the facts that stock market indexes (NASDAQ specifically) tend to avg around 10% YoY and it's an ok investment if you don't need the money for the next 5 to 10 years at least. I also disclosed risks and suggested bonds if it's too risky or at least open a high interest savings account with an insured bank (FDIC or CDIC).

I helped her set up a bank account with a bank that offered competitive high interest savings account and she agreed to the risk so we dumped the rest of her extra money into index funds. She's up 20% since she started so she's happy.

Family is more important than money.

A lesson sadly so many will never learn.

Family is more important than money.

Wanna buy an extra brother, then? I've been having compatibility problems with one of mine for over 37 years now and am looking to downsize.

Don’t mix finances and family. Family is more important than money.

It seems like OP's family may not feel the same way.

Sigh, too true.

Something tells me you didn't read this in a book.

Yeah, literally just alternative currency at this point for me too.

Honestly, anyone playing such “get rich quick” investing games with crypto needs to be honest with themselves that maybe they’ve got a gambling problem.

Gambling is what it is. Putting your life savings in it is stupid, but if you put a bit in, it's a better gamble than putting it on the horses.

"Bitcoin isn't a get rich quick scheme, it's a don't get poor slowly scheme."

— Jameson Lopp

"For example, the grandchildren I've given you are entitled little shits"