

I’ve got a close elderly family member who’s recently gotten fixated on investing in crypto, watching all the YouTube videos on the subject.
I don’t know enough about it to confidently say they’re going to lose all their money, I’ve never looked into it because it just screams get rich quick scheme, but I don’t have high hopes for them.
I might actually suggest this to that relative. They’re close to retirement and I believe are planning to put a percentage of their savings into BTC which has me apprehensive, but starting out with just $50 here and there to get a proper feel for it seems way less high stakes for learning.