Are you gonna be hands-off or handhold when your children start investing in crypto?

You have earned your stripes in the crypto space. Internalising mantras like “not your keys, not your crypto”. Formulating your DCA strategy and exit plan. Making sure you do a small test transaction before you send large amounts of money to your cold wallet. Practising patience, holding for the long haul and refusing to submit to the herd mentality and FOMO.

Your children and/or nieces and nephews wish to venture into the crypto space themselves. Maybe they were influenced by you; maybe some other factor played a bigger role in their lives. The thing is, to what extent would you actively intervene in these youngsters’ decisions when you feel that they are about to make a costly mistake. Would you appeal to them and hoping that they would be persuaded and see the light as you share your hard-won insights and battle scars with them? Or would you actually take a step back if the mistake isn’t going to be life-damaging because you don’t want to deny them the chance of learning things for themselves?

originally posted on r/cryptocurrency