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Economy => Trading Discussion => Topic started by: Sakanwa on March 08, 2023, 07:04:51 AM



Title: Is it legal for our kids to learn trade?
Post by: Sakanwa on March 08, 2023, 07:04:51 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.


Title: Re: Is it legal for our kids to learn trade?
Post by: Oshosondy on March 08, 2023, 07:19:01 AM
You know how risky that is, it is very risky.  Are the trading site accepting under 18 years? Including those like Kucoin that do not require KYC? I have not checked that out before to know if under 18 people can use those centralized exchanges, but there are decentralized option too.

Do not encourage him, but if he continues to seek for your help, first start with all the disadvantages of trading, there are real life cases of people that have lost millions to trading and regretted about it, you need to show him all these to let him know where to start and what to avoid.

After he knows about that, you can teach him, I know risk management is another topic you will teach him to let him know how to manage his risk and about what to avoid financially also.


Title: Re: Is it legal for our kids to learn trade?
Post by: danherbias07 on March 08, 2023, 07:19:19 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
It's not an issue, and it's a good learning point at that age on how he can save his money and spend it wisely. If ever he has some savings and he'd rather use it on trading then, what is wrong with that? It's better than just buying the premium on some console games, and who knows if he could increase his money by trading.
I say, just guide him. You should not stop a kid that is already willing to do it, maybe he is just different from others and just needed some guidance to learn more. I'd prefer that way, than gambling or spending in Robux which most kids play now. There are no returns from those platforms.


Title: Re: Is it legal for our kids to learn trade?
Post by: Plaguedeath on March 08, 2023, 07:26:21 AM
How it's possible a 10-15 years old kid can create a new account on centralized exchange? any centralized exchange have a rule about minimum of 18 years old, so when he want to verify his account, the exchange wouldn't accept it.

I only know if bank and securities do accept minor, as long as he has give his parent's permission. I never heard any centralized exchange do accept minor, a kid doesn't need to learn about trading too because it's risky.


Title: Re: Is it legal for our kids to learn trade?
Post by: Maus0728 on March 08, 2023, 07:48:04 AM
How it's possible a 10-15 years old kid can create a new account on centralized exchange?
Trading simulator! What is more important is to get the concept of trading first-hand. The KYC and other legal stuff will come later on.

a kid doesn't need to learn about trading too because it's risky.
Unless otherwise they are given the correct information of what to do and what not to do in the first place. Come on! Life is big risk in itself.

In my opinion, it's not a bad idea to teach your friend kid about trading or finance in general, as long as they are given correct information on controversial topics like "money".

When I was 18 or 19, I learned the basics of trading and investing through an online game called "CASHFLOW Classic" by Robert Kiyosaki. The premise of the game is to mimic real-life scenarios of growing your wealth from scratch. You are given a dream to escape the "rat race," and you must do everything you can to grow your money passively by earning through incomes, trading stocks, investing in properties, etc. I think this is probably the best approach to teaching someone the basics of "financial education" because it's more fun and enjoyable than diving into trading right away.

Afterward, your friend kid can use a trading simulator like this basic one[2] and later progress to a more complex[3] trading simulator. You can't just teach someone all the jargon involved in trading without them seeing a visual representation of what's happening when they buy a crypto/stock at a lower price and sell it later at a higher price.

[1] https://www.richdad.com/products/cashflow-classic
[2] https://bitcoinflip.app/
[3] https://cryptoparrot.com/


Title: Re: Is it legal for our kids to learn trade?
Post by: EarnOnVictor on March 08, 2023, 08:00:11 AM
I implore you to do the right thing and advice in the proper way. No country would allow any children below the age of 18 to trade, and even at 18 years old, I will still not encourage it because the child just entered adulthood, and what he starts embracing at that time might be what will impact him for the rest of his life.

Trading is challenging and addictive, and it might not augur well for children, I had passed through this stage, so I know what I am saying. Even if the lad must trade, first expose him to the reality of life in terms of business and other means to make money.

Later after years, trading could be introduced if he is mature enough for it.

There is no need to rush!


Title: Re: Is it legal for our kids to learn trade?
Post by: SquirrelJulietGarden on March 08, 2023, 08:04:01 AM
I want to know if it right for children that are of 10-15years go in to trade or not
When I was a kid in age 10 - 15 years old, my parents mostly did not allow me to touch money. They bought food, juice, water and other things I need for my life and my education, they did it because they want to protect me from many risk related to money.

They did give me very small amount of money each day just because they wanted me to enjoy childhood fun like buying a candy, ice cream then enjoy eating it with friends at school. That's all and with such small money, I can not do anything else.

I don't agree to let your kids knowing about trading too much as they have yet been able to earn money and at such ages, they should concentrate on learning. That is better for their later lives. They should have time to enjoy most interesting time in life of each person.

If parents can not control themselves in trading, why do they think of exposing their children with trading and believe that their children will be able to control emotion.


Title: Re: Is it legal for our kids to learn trade?
Post by: Marvell1 on March 08, 2023, 08:30:29 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
It's not an issue, and it's a good learning point at that age on how he can save his money and spend it wisely. If ever he has some savings and he'd rather use it on trading then, what is wrong with that? It's better than just buying the premium on some console games, and who knows if he could increase his money by trading.
I say, just guide him. You should not stop a kid that is already willing to do it, maybe he is just different from others and just needed some guidance to learn more. I'd prefer that way, than gambling or spending in Robux which most kids play now. There are no returns from those platforms.

Trading will also turn into gambling if you trade without any knowledge. At the age of 15, he already knew about money, and what the boy wanted was to make money fast, not seriously learn about trading. This age should focus on learning, if you teach him about trading, he will probably neglect to learn. As OP said: he doesn't want to lose the original amount, which means he is still using his parents' money. If he loses, it's easy to steal money from his parents. There are more disadvantages than benefits to letting a 15 year old know about trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: inthelongrun on March 08, 2023, 08:54:16 AM
Depends on your country's law OP. Most countries are requiring 18 as its minimum. Nonetheless, if someone below 18 years of age is addicted to charts and technical analysis and was doing well, the guardians or parents can simply create an account for the kid to use it. If doubtful like your concern OP then why not make him a demo account for him to prove if it is worth it or not? Or you can even provide a real account but with only a minimum balance. Binance minimum spot trade is $10 or $20 only. No leverage trading, of course, otherwise the kid is just biting more than it could chew and must rather focus at school.


Title: Re: Is it legal for our kids to learn trade?
Post by: bakasabo on March 08, 2023, 09:13:21 AM
If parents explain all or most of the consequences of trading, how easy it is lose money (just dont push on them too much, it should be just a warning, not a scary story), then I dont see nothing bad if kids would trade with their own money. If they get profit, that would be wonderful. If they lose most or all money, that would be a valuable life lesson. They will learn how hard it is to earn, easy to lose, that they must learn more to achieve more.


Title: Re: Is it legal for our kids to learn trade?
Post by: hugeblack on March 08, 2023, 09:35:19 AM
It varies from one to another but it is depend on the child’s willingness to deal with money, profits and losses.
what is most frightening is that the child’s psyche is affected by trading so that he becomes frustrated if he loses or euphoria and waste money if he wins, so it is better to ask him to learn using modeling, which enables you to trade with money It is not true, and thus developing his skills while learning some skills that enable him to generate income, and then, after he is ready, he can start trading.

about legal if your child cant open account before 18 then it it is illegal to trade, some CEXs will not allow him to start trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: Strongkored on March 08, 2023, 09:42:28 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Will children be interested in learning the trade? I hope what you say that your friend's child is interested in trading is not a lie, I don't think children will be interested in trading activities and even if there is you will not face any problem dealing with it but that is if you have the right knowledge and not just teaching that trading is a way to make money but also need to tell that can lose monye if not done right.


Title: Re: Is it legal for our kids to learn trade?
Post by: Inwestour on March 08, 2023, 09:44:49 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
If the child has a desire, then he will try to do this with or without your help, and in this case, let it be better now under your supervision.

Try to find and buy trading textbooks for him, it will take some time for him to learn. Here are some good books for this:

- "Reminiscences of a Stock Operator," written by Edwin Lefèvre
- "The Intelligent Investor"
- "Market Wizards" and "The New Market Wizards." Both books consist of interviews with some of the most successful traders of the past half-century
- "The Disciplined Trader: Developing Winning Attitudes" written by Mark Douglas
- Trader Vic II: Principles of Professional Speculation, written by Victor Sperandeo
Source: https://www.investopedia.com/articles/personal-finance/090216/top-5-books-become-professional-trader.asp

By clicking on this link you will also see links to Amazon where you can buy these books.

Try to explain him that you can only become successful in trading if he has enough knowledge for this. Let him learn all the available information, and then try. Explain to him that this is a difficult task and involves great risks.

Let him succeed!


Title: Re: Is it legal for our kids to learn trade?
Post by: TheUltraElite on March 08, 2023, 09:46:25 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
If you already made up your mind that it is too risky, why bother asking?

Anyway the safer method to approach this is whether the person understands the importance of money and why they need to save money or grow it passively. If they are a careless spender, if they get more money at hand they will waste it - something that is difficult to identify at younger age but possible from upbringing.

I would suggest the kid's parents to talk to him/her about it first and set up their own piggy bank and see if the kid has interest in it. Then only go for trading on a dummy market. That is how we old school people started here, by saving up remaining change on a piggy.


Title: Re: Is it legal for our kids to learn trade?
Post by: Beparanf on March 08, 2023, 09:50:02 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

In terms of legality, A minor is not allowed to trade especially on US base exchange due to their policy. But he can always trade on exchange that doesn’t have KYC requirements like DEX or P2P trading.

I don’t mind my kid exposed on risk but with some limitations on how much many he can risk on it. This actually good to open his mind about the danger on trading so that he will be more careful by the time he grown up.


Title: Re: Is it legal for our kids to learn trade?
Post by: rat03gopoh on March 08, 2023, 10:23:05 AM
If you areb't even a trader of average ability, I don't recommend your initiative. Need special guidance to teach children how to trade, not online, not books, direct parents. Also, no real money, full demo account.
And I think if you look at the average trading platform conditions (with KYC), then clearly the most recommended age to start is at least when they have an ID card (adult). Regulations in a country that I found don't even allow doing business with minors. In conclusion, teaching children to trade is highly not recommended.


Title: Re: Is it legal for our kids to learn trade?
Post by: SeriouslyGiveaway on March 08, 2023, 10:52:19 AM
Unless you want to teach your children about Rich dad poor dad too soon, you won't need to teach them about trading when they are immatured.


Title: Re: Is it legal for our kids to learn trade?
Post by: palle11 on March 08, 2023, 11:31:01 AM
For knowledge sake maybe it is okay to teach the children what trading is at least they can know how daddy makes some extra money but for real trading, this may be an exercise in futility if the child have not shown the zeal to trade because trading is not easy. Most times it takes a trader some lost amount to be serious and in the case of children, you may be the one to refill the account when it is blown out so the seriousness and commitment to learn may not be there. I won't emphasize on legality because if some sites have placed some restrictions there regarding age by KYC then you can't do anything about that but to teach isn't bad so that the child understand financial freedom on early stage.


Title: Re: Is it legal for our kids to learn trade?
Post by: Questat on March 08, 2023, 11:56:55 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I actually interested to teach young minds who have carried such eagerness and interest. In fact, they are not too young to grasp ideas from what we taught to them to think that we are wasting our time. Well, the idea is just about learning to trade and it was okay, but if it needs to do actual trading and create an account, this could be a problem, especially if they are asking for KYC. I know that there are exchanges that never require KYC which is an avenue for them to practice more and do trading. Just like the normal thing we do, start with small amount and keep that limit until they become ready to big responsibility.


Title: Re: Is it legal for our kids to learn trade?
Post by: arwin100 on March 08, 2023, 12:03:40 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

Its legal but can you take the risk on what might happen to your child? Remember early experiencing a big failure might create bad scenery to him and worst he can't handle the pressure towards what he/she learn about trading's. Its really good to engage them with this significant earning option so that they became more wiser on investment when they grow but this need full of attention since they are still a child they are prone to make mistake and if they are misguided they might do bad decisions which can harm them.


Title: Re: Is it legal for our kids to learn trade?
Post by: Renampun on March 08, 2023, 01:47:35 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

why not, maybe he has good instincts and talent in trading! but you have to ask him first whether he has an interest in trading or not. teaching to find out what talents your child has from an early age will really help him in the future, many beginner traders do not have special teaching in trading from an early age so they start trading recklessly.

You can always accompany your kids and watch what he does while trading, especially in terms of controlling emotions, you have to teach him, because a trader who is greedy and lacks emotional control will only continue to lose, and never make a profit.


Title: Re: Is it legal for our kids to learn trade?
Post by: Fullcoinese on March 08, 2023, 01:55:04 PM
I hope you don't teach him. I know they must be curious about making money trading. but at that age, they don't have financial strength yet. the money they get is also the result of gifts from their parents. this will be bad for him and also you and even the parents of your childhood friend.

maybe you can teach him about Bitcoin investment. It is better. Bitcoins can be purchased in small amounts, depending on the ability of the remaining money that he can save for a long time. although still not recommended until they have clear sources of finance.


Title: Re: Is it legal for our kids to learn trade?
Post by: Bananington on March 08, 2023, 02:04:24 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
They can be exposed to demo trading at a mature age, but they should not be left to make financial decisions on their own until they are responsible enough to work for their own money. If you are a full-time trader that your kids see always on your computer looking at the charts, they will be curious to know what it is, from that early age, instead of shutting them up, you can introduce them to the concept of trading after which you watch their interest. For any of your kids that pick an interest, you have enough time from their early age to really groom them in trading and formulating new strategies for themselves.


Title: Re: Is it legal for our kids to learn trade?
Post by: Pandu Geddon on March 08, 2023, 02:13:14 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
They can be exposed to demo trading at a mature age, but they should not be left to make financial decisions on their own until they are responsible enough to work for their own money. If you are a full-time trader that your kids see always on your computer looking at the charts, they will be curious to know what it is, from that early age, instead of shutting them up, you can introduce them to the concept of trading after which you watch their interest. For any of your kids that pick an interest, you have enough time from their early age to really groom them in trading and formulating new strategies for themselves.
that's what I thought. those without financial freedom cannot manage their trades. their interests are like slot games. they will not understand the risks very well by depositing their small money into the trade. even teaching them demo trading is also quite risky. they are close to technology when they know how, of course, learn, some functions of trading tools that can be performed independently.
this is quite risky, it's better not to teach anything from the beginning first. just tell them to learn to invest in Bitcoin. not trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: ethereumhunter on March 08, 2023, 02:20:21 PM
It will depend on your government. If it is forbidden, you don't need to teach it to your children or you can teach it secretly and forbid your children to talk about it with their friends. But instead of taking that risk, it's better not to teach it and wait for the attitude of your government.

But if crypto is on the grey side in your country, there are no restrictions on using or teaching crypto to anyone, you can teach it to your children. At first, you may need to provide knowledge about the basics of crypto and trading until they understand. And trying a demo account is also possible to help them understand how trading works.


Title: Re: Is it legal for our kids to learn trade?
Post by: andriarto on March 08, 2023, 04:17:40 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
trading is indeed for everyone regardless of one's age or level of education. but this time for children stepping on teenagers. I think providing knowledge about trading really needs to be done, but for real trading, I don't think it's time yet, considering that trading requires a stable psychology, teenagers are usually still emotionally unstable, just like you have your own worries


Title: Re: Is it legal for our kids to learn trade?
Post by: Wapfika on March 08, 2023, 04:43:32 PM
I hope you don't teach him. I know they must be curious about making money trading. but at that age, they don't have financial strength yet. the money they get is also the result of gifts from their parents. this will be bad for him and also you and even the parents of your childhood friend.

maybe you can teach him about Bitcoin investment. It is better. Bitcoins can be purchased in small amounts, depending on the ability of the remaining money that he can save for a long time. although still not recommended until they have clear sources of finance.
While it is good for them to be knowledgeable how to invest and save at early age, they should not be pressured to do it by themselves alone. It should be done in guidance. They should know the risk of it and may trigger them to be pressured and not to enjoy their childhood or teenage days. I prefer you let the parents know and let them decide or do the investment first, like in my country parents here save the money that are gifted by their friends and families and save it then once their child reach age they understand how to invest they will use it as capital or transfer it to him.


Title: Re: Is it legal for our kids to learn trade?
Post by: Frankolala on March 08, 2023, 05:09:37 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I guess his age is too young to get involved in trading risk and lost. You should allow him to become 18years,when he is matured enough to make decisions and will be able to manage any challenges that comes across his way. So that he will be very cautious and have in mind that trading is equivalent to gambling.

Teach him about the basics of bitcoin trading,the risk management and so on but don't involve him so that any lost made,you will not be blamed for it. Also let him know that he is to only trade with little money that he can avoid to loss,so that he can be at the safe side. There is time for everything.


Title: Re: Is it legal for our kids to learn trade?
Post by: John Abraham on March 08, 2023, 05:13:15 PM
I don't know if it's legal or not. But, Since we are talking about learning, I don't think it's illegal. Most Centralized exchanges are requesting KYC from every user and as far as I know, they do not allow underage people. So, in Centralized Exchanges, Users won't able to start trading without verifying KYC. Even if they can trade, they won't be able to withdraw.

They may start trading on Decentralized Exchanges. But, I don't recommend kids doing trade until they learn it fully. But, we are talking about learning here. Well, learning trading is not illegal. Kids can learn to trade in demo trading mode on many platforms. You just have to find out about those platforms.


Title: Re: Is it legal for our kids to learn trade?
Post by: bittraffic on March 08, 2023, 05:25:46 PM

10-15 yrs old seems very early to be trading. Isn't the terms of exchanges not allowing these age brackets?

But if you have the money and you really wanted your kids to learn to trade as early as possible then why not.  But it must also depend if the kids also like to learn. For all, we know teens this age are still playing Princess Prom Night Dress up which means it going to be a total waste of money if the kids lose it all without learning something because he or she is not interested.


Title: Re: Is it legal for our kids to learn trade?
Post by: ShowOff on March 08, 2023, 05:40:01 PM
I agree with most of the points @Maus0728 said. When 14 year olds are given the right information, they will learn.

Age affects children's cognitive abilities, they tend to learn even a child can become more detailed when they focus. This allows them to learn trading properly, but for the initial stages then I don't recommend that they learn with real money either. So a trading simulator is the recommended choice, then they can trade with real money when their skills increase.


How it's possible a 10-15 years old kid can create a new account on centralized exchange?
Trading simulator! What is more important is to get the concept of trading first-hand. The KYC and other legal stuff will come later on.

a kid doesn't need to learn about trading too because it's risky.
Unless otherwise they are given the correct information of what to do and what not to do in the first place. Come on! Life is big risk in itself.

In my opinion, it's not a bad idea to teach your friend kid about trading or finance in general, as long as they are given correct information on controversial topics like "money".

When I was 18 or 19, I learned the basics of trading and investing through an online game called "CASHFLOW Classic" by Robert Kiyosaki. The premise of the game is to mimic real-life scenarios of growing your wealth from scratch. You are given a dream to escape the "rat race," and you must do everything you can to grow your money passively by earning through incomes, trading stocks, investing in properties, etc. I think this is probably the best approach to teaching someone the basics of "financial education" because it's more fun and enjoyable than diving into trading right away.

Afterward, your friend kid can use a trading simulator like this basic one[2] and later progress to a more complex[3] trading simulator. You can't just teach someone all the jargon involved in trading without them seeing a visual representation of what's happening when they buy a crypto/stock at a lower price and sell it later at a higher price.

[1] https://www.richdad.com/products/cashflow-classic
[2] https://bitcoinflip.app/
[3] https://cryptoparrot.com/


Title: Re: Is it legal for our kids to learn trade?
Post by: Mr.right85 on March 08, 2023, 07:40:15 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
If you feel it ain't right then, it ain't right so, don't push yourself into teaching the kind what could ruin him in the long run. Like you said, his a kid and that has got to come with certain limitations to what they are exposed to or allowed to do.

There are reasons why certain platforms limit exposure to certain age grades. Becuase at certain age, your marked to be mentally ready and financially capable of accepting and managing certain outcomes.
Kids don't make that mark and as such, you do them the favour of protecting them from themselves. No need stripping the steps, trading isn't going anywhere, when the kid has come of age and looks ready, you would know.


Title: Re: Is it legal for our kids to learn trade?
Post by: South Park on March 08, 2023, 09:11:13 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Learning is fine, however I am quite sure that in order to open an account at a CEX you need to be of legal age where you reside, so trading knowledge is not of much use to someone so young, what you can do is to teach him more about the history of money and the economy in general, things like money management, inflation and the way the fiat system work could be more helpful to the kid now, and eventually you could teach him how to trade, so when he finally can open an account at an exchange not only he will know how to trade but he will have some money saved already in order to start their journey immediately.


Title: Re: Is it legal for our kids to learn trade?
Post by: Johnyz on March 08, 2023, 09:12:01 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
There’s no law that prohibit the under age to learn more about trading, so I think this is ok as long as they are willing to learn and you will provide the right knowledge about trading. When it comes to how long it will take him to understand everything, I guess it will depend on how you teach trading and how he will react on that. This is a good training ground for that underage to learn at the early stage so when the right time comes, he can trade easily because of the knowledge you have shared to him.


Title: Re: Is it legal for our kids to learn trade?
Post by: AmoreJaz on March 08, 2023, 09:19:23 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Learning is fine, however I am quite sure that in order to open an account at a CEX you need to be of legal age where you reside, so trading knowledge is not of much use to someone so young, what you can do is to teach him more about the history of money and the economy in general, things like money management, inflation and the way the fiat system work could be more helpful to the kid now, and eventually you could teach him how to trade, so when he finally can open an account at an exchange not only he will know how to trade but he will have some money saved already in order to start their journey immediately.

that's the first consideration, most CEXs are requiring KYC already. so if he is underage, he can't open an account unless he will go to an exchange which is not requiring KYC like DEXs. however, being young he is, maybe if he does really want to get hands on trading - use very small amount of funds and see how it goes for him. how he reacts, the emotional impact on him and others.
usually, the problem with young gen going into trading is how they handle the stress brought about by this activity.


Title: Re: Is it legal for our kids to learn trade?
Post by: Hypnosis00 on March 08, 2023, 09:32:59 PM
It is not wrong about teaching them, not I think we can say it was illegal because we did is a sort of preparation for them for real trading when they are fully ready and when they are of legal age (18 yrs old).

Because trading is not all about learning how to trade, we are also about learning the entire concept of crypto, emotional control, time management, and financial management. This could be hard to absorb in a short time and I see in 4 years of preparations that kid will be able to learn everything he/she needs before actual trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: Russlenat on March 08, 2023, 09:38:07 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
It's not an issue, and it's a good learning point at that age on how he can save his money and spend it wisely. If ever he has some savings and he'd rather use it on trading then, what is wrong with that? It's better than just buying the premium on some console games, and who knows if he could increase his money by trading.
I say, just guide him. You should not stop a kid that is already willing to do it, maybe he is just different from others and just needed some guidance to learn more. I'd prefer that way, than gambling or spending in Robux which most kids play now. There are no returns from those platforms.
Right. Do not discourage him from learning into trading just because it’s risky for his age, but instead guide him and let him see the real world of trading. Maybe he’s just mature enough to think that trading will give him foldable amount of returns than to waste his money on buying gadgets like most kids do these days. But make sure that he will first acquire knowledge and skills before trying to put his savings on trading. I think with your help, that kid will have a bright future someday.


Title: Re: Is it legal for our kids to learn trade?
Post by: kawetsriyanto on March 08, 2023, 09:41:57 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me.
Basically, you already realize that it is not the right time to start trading for children at 10-15 years.
Trading is a high risk, it requires sufficient knowledge and skills. And ideally, a trader must know well about crypto market. Children at 10-15 years don't have the capability to be ideal traders, they will waste money only.

I think we can introduce trading to the children if it is necessary. But only let them know about general matters and don't let them to start trading. Remind them that they can start trading when they already have sufficient knowledge and have been mature enough.



Title: Re: Is it legal for our kids to learn trade?
Post by: Finestream on March 08, 2023, 09:45:03 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
It's not an issue, and it's a good learning point at that age on how he can save his money and spend it wisely. If ever he has some savings and he'd rather use it on trading then, what is wrong with that? It's better than just buying the premium on some console games, and who knows if he could increase his money by trading.
I say, just guide him. You should not stop a kid that is already willing to do it, maybe he is just different from others and just needed some guidance to learn more. I'd prefer that way, than gambling or spending in Robux which most kids play now. There are no returns from those platforms.

Trading will also turn into gambling if you trade without any knowledge. At the age of 15, he already knew about money, and what the boy wanted was to make money fast, not seriously learn about trading. This age should focus on learning, if you teach him about trading, he will probably neglect to learn. As OP said: he doesn't want to lose the original amount, which means he is still using his parents' money. If he loses, it's easy to steal money from his parents. There are more disadvantages than benefits to letting a 15 year old know about trading.
I think the best way we can do for this kid is to guide him instead while he’s still in the process of accumulating knowledge and skills in trading. Do not let him trade just because of the greed for profits, but teach him that trading is very risky and you could lose all your money anytime if you don’t how to be a good trader in the first place. If he’s still persistent about his decision, then don’t stop him, but guide all throughout until you see him ready to take his first trade and learn his first lesson in trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: lalabotax on March 08, 2023, 09:59:14 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I don't think that it is illegal.
But it is a risky and high risk, yeah it is.
Legality will depend on the rule and regulations in your country. But as a parent, if you are going to teach about crypto trading, you must be aware of the risks that will probably influence the kids. Additionally, trading is not something easy. I think that you need only introduce crypto to them, but not for trading at first. For, trading is complex and this needs awareness, high responsibilities, smart decisions, wise activity, and other complex things. So, is it wise to let your kids learn about this at a very early stage? It must be when they are really aware and ready for this.


Title: Re: Is it legal for our kids to learn trade?
Post by: Vaculin on March 08, 2023, 09:59:45 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
It would not be illegal but it would be very risky for kids to trade especially that they are not mature enough to realize the risks in trading. And the fact that they still rely for money from their parents, then they can’t afford to lose from trading because that will leave them empty and would mean no allowance for their studies. However, do not deprive him to learn about trading, who knows he will be an effective trader someday. For now, let him learn first about trading and accumulate more knowledge and skills that will make him a good trader in the future.


Title: Re: Is it legal for our kids to learn trade?
Post by: GreatArkansas on March 08, 2023, 10:25:44 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I don't find any illegal things for this if you just want your children who are minor to learn to trade, the only issue here is when your kid started to create their own account for some centralized exchanges that have some policies that they only allowed 18 years old above to trade to their platform, or like they may undergo to some verification things like KYC.

Overall, as a kid, you need first to identify what are the things that love by the kid or things that they want to do, if you just force your kid to learn that things that they don't love or want, it's useless.


Title: Re: Is it legal for our kids to learn trade?
Post by: borovichok on March 09, 2023, 06:39:20 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I don't find any illegal things for this if you just want your children who are minor to learn to trade, the only issue here is when your kid started to create their own account for some centralized exchanges that have some policies that they only allowed 18 years old above to trade to their platform, or like they may undergo to some verification things like KYC.

Overall, as a kid, you need first to identify what are the things that love by the kid or things that they want to do, if you just force your kid to learn that things that they don't love or want, it's useless.
He constantly aspires to learn more about the market, using tools that he has developed. I must give him credit for having a successful trading strategy with well-defined road maps. Given access to demo accounts when they make mistakes, the kids are supposed to be guided before they start practicing because one never knows what the future holds for such gifted kids. You're absolutely right about the path that centralized exchange would request for KYC verification which will points out the fact that's clear that they're not upto teenager's range. Yet these kids, in their desperation, discovered a way to authenticate their trading accounts using your credentials, and before you knew it, they started trading. The cryptocurrency market is a stable one where gains can be gained with a straightforward technique or tough with mistakes.


Title: Re: Is it legal for our kids to learn trade?
Post by: MIner1448 on March 09, 2023, 07:26:21 AM
The legality of teaching children how to trade cryptocurrencies depends on the country and the specific laws and regulations in force. Many countries do not have specific laws governing cryptocurrency trading. It is important for parents to learn the laws and regulations in their country or region and exercise caution when allowing their children to trade cryptocurrencies.


Title: Re: Is it legal for our kids to learn trade?
Post by: Sakanwa on March 09, 2023, 08:53:29 AM
We all know the trading is for someone that has something doing at hand because if you get cut by the way you will have something to back it up again an continue from were you stop, so legal may be teaching them is not too bad but knowing if he or she is very competent for sure training. In my own view I don't think it bad or good as well


Title: Re: Is it legal for our kids to learn trade?
Post by: Inwestour on March 09, 2023, 10:41:57 AM
I don't find any illegal things for this if you just want your children who are minor to learn to trade, the only issue here is when your kid started to create their own account for some centralized exchanges that have some policies that they only allowed 18 years old above to trade to their platform, or like they may undergo to some verification things like KYC.

Overall, as a kid, you need first to identify what are the things that love by the kid or things that they want to do, if you just force your kid to learn that things that they don't love or want, it's useless.
To begin with, it will be enough exchanges without passing verification, and start with spot trading, in which case there will be no problems. This will be enough to try your hand at trading and understand what tools are needed for comfortable work.

Reviews of exchanges can be viewed on YouTube, there is enough information. I think it’s more worth worrying about the results of a child in trading, and if he doesn’t have his own pocket money or some kind of savings, then as I understand it, his father will give him money, who should monitor how good his son’s in trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: michellee on March 09, 2023, 11:34:50 AM
You can introduce a demo account for them so they can learn better. You can also teach them about analyzing the market and pointing out reliable sources so they can learn more details about trading. I think they are old enough to start getting to know to trade and learn to understand it so that they can try it with real money when they really understand. But you have to tell them about the risks in trading so they can also learn to deal with the risks and not let them get bigger. By teaching them well, it can become knowledge that might be useful when they grow up.


Title: Re: Is it legal for our kids to learn trade?
Post by: blockman on March 09, 2023, 11:52:24 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
It's okay, let them explore things like trading as it will enrich their critical thinking and will urge them to know more about the financial market. Every learning should be supported when your kids are very excited and craving to do it. Showing them that you support them will make them optimistic that there should be a good result of what they are trying to do. It's risky because there's money involved but trading isn't limiting everyone to just have a set of budget like a couple of bucks or minimum amount that's required by an exchange.


Title: Re: Is it legal for our kids to learn trade?
Post by: hyudien on March 09, 2023, 11:54:21 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
If you understand the psychology of child development, the answer for now is to adjust to the age of the child where concrete learning is the most important thing.

What trade do you mean? for various types of trade. If only to stimulate the types of buying and selling that are often encountered by children in their environment, then please teach them how to buy and sell property, and serve consumers by combining them in the context of simple games. But if what you mean is crypto trading, of course it's not the right idea, it's still not even feasible with the age level of information absorption. Because crypto trading is not including trading based on concrete.


Title: Re: Is it legal for our kids to learn trade?
Post by: Oshosondy on March 09, 2023, 12:29:01 PM
The legality of teaching children how to trade cryptocurrencies depends on the country and the specific laws and regulations in force. Many countries do not have specific laws governing cryptocurrency trading. It is important for parents to learn the laws and regulations in their country or region and exercise caution when allowing their children to trade cryptocurrencies.
I do not think that is totally true, you can see many centralized exchanges that do not require anything more than email and password to trade, although some can demand for KYC, but what about those decentralized exchanges that you can also be used to trade. I have seen it on pancakeswqp that you can even do future trading which only what you need to do is to send coins to your noncustodial wallet and connect the noncustodial wallet to the decentralized exchange, using the coin on your noncustodial wallet to trade without any identity needed and the control is totally yours.

It's okay, let them explore things like trading as it will enrich their critical thinking and will urge them to know more about the financial market. Every learning should be supported when your kids are very excited and craving to do it. Showing them that you support them will make them optimistic that there should be a good result of what they are trying to do. It's risky because there's money involved but trading isn't limiting everyone to just have a set of budget like a couple of bucks or minimum amount that's required by an exchange.
To me it is not a good advice for children to trade, but you can start teaching them the basics and what that is required and how risky it is with real life past events of people that have lost huge amount of money to trading. What I just meant in my first post is not about age of 10, 11, 12 which are very small, even 14 is still very small, but just that a friend is asking a friend about how to trade, if he continues to discourage him and he persistently want to know how to trade, there is nothing bad to teach him, but letting him to know the wrong side of trading and how it can turn a rich man to a poor person. As a friend, I can teach, and as a father, uncle or brother, I can teach but not in a way to let the child trade, but as a step to what he many know in the future.


Title: Re: Is it legal for our kids to learn trade?
Post by: youdacapt on March 09, 2023, 12:30:51 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

Not only is it risky; it is also morally wrong to involve kids with illegaility at such a young age; if you want the kids to be tech oriented at such young age; you can enroll them to a tech college during the holidays; there are lots of skills available for them to learn

1. designing (web, graphics, front end, back end, ui/ux etc)
2. coding
3. contract development
4. web development
5. App development

And lots more. Engage the kids in these kinds of skills; and when they are 18 and legally permitted; they can choose their own field as a tech pro or a crypto currency trader. Remember, the most important rule for growth is not to rush the process


Title: Re: Is it legal for our kids to learn trade?
Post by: Mpamaegbu on March 09, 2023, 01:10:15 PM
Given the age in question, I guess the kid will still be in high school. To that effect, it's not a great idea to get them hooked on trading. I think it's distraction to expose people of that age (10-15 years) to financial earnings, especially one that's online. I like to keep trading away from anyone in high school or below it because of the emotions it brings. It's okay if they're in tertiary institution, regardless of the age. Tertiary institutions are known for exposing people to the realities of life far ahead of other cadres.


Title: Re: Is it legal for our kids to learn trade?
Post by: blockman on March 09, 2023, 01:38:14 PM
It's okay, let them explore things like trading as it will enrich their critical thinking and will urge them to know more about the financial market. Every learning should be supported when your kids are very excited and craving to do it. Showing them that you support them will make them optimistic that there should be a good result of what they are trying to do. It's risky because there's money involved but trading isn't limiting everyone to just have a set of budget like a couple of bucks or minimum amount that's required by an exchange.
To me it is not a good advice for children to trade, but you can start teaching them the basics and what that is required and how risky it is with real life past events of people that have lost huge amount of money to trading. What I just meant in my first post is not about age of 10, 11, 12 which are very small, even 14 is still very small, but just that a friend is asking a friend about how to trade, if he continues to discourage him and he persistently want to know how to trade, there is nothing bad to teach him, but letting him to know the wrong side of trading and how it can turn a rich man to a poor person. As a friend, I can teach, and as a father, uncle or brother, I can teach but not in a way to let the child trade, but as a step to what he many know in the future.
Upon reaching the basics, eventually, they will like to try the actual of it. I've been seen as young as 7 years old are already in the world business through the collection of recyclable plastics and that's why I think being exposed to another business opportunity like trading for kids is totally fine. I do get your point and that's really a good point honestly. Because there might be parents that will think that their kids should learn about trading and they'll rely on them. There's still the balance and different approach on how you'll introduce trading to the younger ones but as long as they get the idea, they'll surely be excited that it could make them earn some way.


Title: Re: Is it legal for our kids to learn trade?
Post by: Obari on March 09, 2023, 02:02:33 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

14 years is still an underage and I wouldn't advice you to let him trade and first did you care to ask him where he got the money for trading from ?
I'm sure some 14 years might have some incredible savings but even at such I wouldn't advice you to get him into the field as there are alot of things to put into consideration when introducing him to trading for instance is the emotional attachments and the mental stress involved.
It will be better you get the childs parents involved as you might be held responsible if anything goes wrong and that's if the child persist.
Good luck and please be careful with your decision.


Title: Re: Is it legal for our kids to learn trade?
Post by: MaterialMouse69 on March 09, 2023, 03:36:39 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

We all know that trading mostly above 18+ since from my experience before trading, I need to show some valid ID to make my account verified and trade a huge amount of assets. But I've explore crypto and some trading when I was 16 thru the internet. I found out that you can earn some profit by putting your money, of course I'm aware that I can also lost a lot from the process. So I tried watching from Youtube since there's no age limit when watching trading tips and techniques. It's good to learn while young children have a good memory but I suggest when they are gonna trade when they can realize the risk of trading. It's better to decide when they are adults and can also invest using their own money.


Title: Re: Is it legal for our kids to learn trade?
Post by: so98nn on March 09, 2023, 04:04:02 PM
Wow they are just 14 and ready to trade? It seems very risky to me and answer to your question changes as per the country. There are countries where learning or knowledge is free and anyone can pursue it if they are “skilled” enough for the same. I assume this applies to trading as well.

HOWEVER, they may not be able to trade on an exchanger directly.

You see the difference here? They can learn but they may not be able to trade. Most of the exchangers you see will have the clear instructions of terms of usage. For example, you must be 18 years or old to use an exchanger. That answers everything about it.


Title: Re: Is it legal for our kids to learn trade?
Post by: YOSHIE on March 09, 2023, 04:04:25 PM
In my understanding, the current era can be said to be the age of technology, meaning that technology is the main thing being developed in the world of education today, from elementary school to university, that's the main point.

Teaching children in crypto trading methods aged 10-15 years, in my opinion, is not an obstacle for parents, while these parents first apply Risk Management in crypto trading, effectively by doing so the child can understand the meaning of motivation, relationship and risk competence that he may or may not accept, but before introducing trafficking to minors, or Introducing them in advance the importance of how to make investments, slowly moving towards trading.

With a few step by step teaching children to a high level of understanding of trading, maybe it can overcome how much risk they know, I think that with strict supervision and management under supervision to teach children about trading, I don't think it's something to be an obstacle to do.


Title: Re: Is it legal for our kids to learn trade?
Post by: iv4n on March 09, 2023, 05:08:55 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

You don't need to have a kid to be aware of the fact that a 5-year difference in that age is huge! Literally, at 10 years old you are still confused about what sex really is, at 15 you maybe even tasted it! 10 is definitely too young for many things, while 15 is high school already, which is a lot more serious, and at that age, we are experiencing many "grown-up" stuff! Can trading be one of those things, I am sure it can if that kid has some good math/accounting knowledge. With a good teacher, I guess that kid could have the potential to learn to trade and be successful in the long run. Sometimes sooner is better, of course, with the right conditions.


Title: Re: Is it legal for our kids to learn trade?
Post by: Nrcewker on March 09, 2023, 05:19:59 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

There is no age limit to learn trading. But guess what many trading platforms has age limits of 18 years, and they don’t allow other person’s to use account of someone else’s trading account. Basically the person or child who has to learn should be aware of basic mathematics, how profit and loss works and when to buy when to sell. But generally these skills are not so sharp in the children, hence they aren’t allowed for the trading. No matter how much eager the child is, according to me, he/she shouldn’t trade until and unless he earns money himself.


Title: Re: Is it legal for our kids to learn trade?
Post by: death69 on March 09, 2023, 06:11:16 PM
I'm skeptical about children going into cryptocurrency trading. I mean, what do they know about market analysis, technical analysis, or even reading charts? Are they going to "HODL" or "sell the dip"? Trading is not a child's play! It takes a lot of time and effort to learn the ins and outs of trading. Trust me; I've been there, done that! I once traded my little brother's candy for a toy car and regretted it later. So, my advice is to let the kids enjoy their childhood and not worry about trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: Jody.Drummer on March 09, 2023, 06:40:49 PM
Actually there is no problem when they learn to trade, but to jump right into trading practice it would be better to wait 3 or 4 years first. The reason is that if he trades now, then the risk is higher, he is definitely still relying on the money given to him by his parents, so don't let it backfire on himself. He must understand what trading itself is all about. He also has to know in advance how it feels to make money so that what he does later will be careful with the money he has. In conclusion, wait 3 or 4 years, even longer after he really understands. Because this is not a game played by children.


Title: Re: Is it legal for our kids to learn trade?
Post by: Cantsay on March 09, 2023, 07:37:57 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

It quite unlikely for them to be able to read the market movement effectively, but I don't think it's illegal for a child to trade, at least in my country. But still I wouldn't want them to start trading at such a tender age, or at least start real trading at that age, what I'll do is that I can just look for a good beginners course for them to learn at their free time and also look for a beginners friendly simulator for them to practice whatever they have learned in the course that way they can gradually develop themselves and when they finally come of age they won't be struggling to learn the basics again because they already know it.


Title: Re: Is it legal for our kids to learn trade?
Post by: Botnake on March 09, 2023, 07:47:43 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Trading is certainly hard and risky especially to those people who have no prior knowledge and experience in trading, most particularly for kids who have no own source of income and are clearly still immature when handling  losing and profiting made in trading. That’s why never let your kid’s friend do trading these days as it will only make him penny lost. But learn to guide him in his trading learning and develop his skills in trading so that he will be a significant trader in the future, as soon as he will be earning his own income and his mind will be mature enough.


Title: Re: Is it legal for our kids to learn trade?
Post by: tvplus006 on March 09, 2023, 07:51:45 PM
...So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

Are you sure that your child dreams of trading cryptocurrency, or maybe he has his cherished dream of becoming a doctor or teacher. And if he spends enough time studying now, instead of learning the basics of trading, then he will have a great chance to get a good education.


Title: Re: Is it legal for our kids to learn trade?
Post by: Kasabus on March 09, 2023, 08:29:22 PM
I want to know if it right for children that are of 10-15years go in to trade or not
When I was a kid in age 10 - 15 years old, my parents mostly did not allow me to touch money. They bought food, juice, water and other things I need for my life and my education, they did it because they want to protect me from many risk related to money.

They did give me very small amount of money each day just because they wanted me to enjoy childhood fun like buying a candy, ice cream then enjoy eating it with friends at school. That's all and with such small money, I can not do anything else.

I don't agree to let your kids knowing about trading too much as they have yet been able to earn money and at such ages, they should concentrate on learning. That is better for their later lives. They should have time to enjoy most interesting time in life of each person.

If parents can not control themselves in trading, why do they think of exposing their children with trading and believe that their children will be able to control emotion.
Certainly, trading is for only matured minds and for those who have their own source of living so that if they lose, it would be easy for them to accept that since they never rely on it actually. But for minors who only rely their funds from their parents, entering into trading will never make them profitable, instead they will only lose their money because they still have no enough ideas on how to do trading effectively. Once they lost their money, they will ask again from their parents and then they’ll lose it again, so it’s clear that they can’t still manage their own emotions and might even develop addiction at an early age which for me is very bad for them. Instead of enjoying their money in school, they deprived theirselves from spending it so they can save them for trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: rhomelmabini on March 09, 2023, 08:47:01 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I researched and stocks has something about it but only allow to those who have parents account, it was more like custodial thing that involves the parents. It's risky if one thing that your kid had in mind was about the profit rather than learning on investing long term, they should have knowledge on the fundamentals and proper risk management should always be monitored here.

Kids these days are just driven by hypes especially flexing on social medias but I'd say there are kids out there that differs but I found it too scarce. It's not bad to keep them involved especially on investing since it's nice to have them know it financially, it's really best for child to keep them engaged, they'll learn over time.


Title: Re: Is it legal for our kids to learn trade?
Post by: Silberman on March 10, 2023, 01:13:22 AM
...So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

Are you sure that your child dreams of trading cryptocurrency, or maybe he has his cherished dream of becoming a doctor or teacher. And if he spends enough time studying now, instead of learning the basics of trading, then he will have a great chance to get a good education.
It is better for a kid to go towards a career which will always be on demand and then learn how to trade on the side, after all while there are traders which are economists, you will also notice that many of them come from all kind of different professions, so it is not a must to pursue a degree on economics to become a good trader, you just need to learn from a teacher or a few books and that can be more than enough to make you a good trader if you study and practice for long enough.


Title: Re: Is it legal for our kids to learn trade?
Post by: Sebas.tian on March 10, 2023, 03:27:55 AM
I will advise you to allow the children to reach 18 or 19 years before you can teach them how to trade cryptocurrencies in the market, which will really help them to catch up with your explanation so that they will not miss it in future. At the age of 10 or 15 years, it will be difficult for them to know how important their seeds phrase is to them, because they will feel is not necessary to keep them safe. Just try to encourage them to wait till they grow mature in away they will be able to embrace income and lost which are part of some of the things new traders will definitely come across in the market.


Title: Re: Is it legal for our kids to learn trade?
Post by: AicecreaME on March 10, 2023, 04:23:06 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

As far as I know, learning to trade or anything that will benefit him or he really wants is legal, as long as you won't do anything that breaks the law in your country. It's like teaching stuff in school, I can see no harm of a kid who wants to learn about trading, as long as it's all about knowledge and no actual funds included yet. You can give him a free trial account for him to test his knowledge out.

As long as there's a guardian for the kid in trading, I believe it is legal.


Title: Re: Is it legal for our kids to learn trade?
Post by: lienfaye on March 10, 2023, 04:42:04 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Trading is not easy and risky. So what more for kids?
However, if they're showing interest to learn about trading, they can learn as early as possible. But it should not be their priority since there's a time for them do it and that is when they already reach the legal age.

Moreover, we know trading is not for everyone hence there's no guarantee to succeed. For kids, learn the basics of trading and the things that a trader should know, start from there because in time you can apply it when you already do the actual trade.


Title: Re: Is it legal for our kids to learn trade?
Post by: LogitechMouse on March 10, 2023, 07:11:21 AM
Well, there is no law that says teaching our kids to trade is illegal so technically speaking, it is legal.
The question is, can they do it? Can they handle the pressure? The stress? Can they be emotionless because that's one of the most important thing? Can they handle the losses? In general, do they really like trading?

Generally speaking, kids can't handle all of the stress that trading can give to them, so although teaching kids to trade is legal, I don't think that it is a good thing for a young kid to trade. Kids are very emotional, and that alone will just ruin it all causing them to experience losses along the way. Let the kids do what they want to do and just support them as a parent. Don't put them into something that is very risky like trading because it might cause negative effects on the kid instead of the positive ones.


Title: Re: Is it legal for our kids to learn trade?
Post by: rozak on March 10, 2023, 07:55:54 AM
I will advise you to allow the children to reach 18 or 19 years before you can teach them how to trade cryptocurrencies in the market, which will really help them to catch up with your explanation so that they will not miss it in future. At the age of 10 or 15 years, it will be difficult for them to know how important their seeds phrase is to them, because they will feel is not necessary to keep them safe. Just try to encourage them to wait till they grow mature in away they will be able to embrace income and lost which are part of some of the things new traders will definitely come across in the market.
To anticipate such things, the first thing that can be explained to children is related to the risks of trading itself. so they will think about learning about the market first and also some skills. those who are not yet strong financially will think not to throw their money into trading.
in their minds, crypto trading can double their money fast. so even with the small capital they have. at least the profit from trading can be used to increase their pocket money.
we have to explain this carefully to children in this regard. maybe they will misunderstand crypt, market, and also Bitcoin.


Title: Re: Is it legal for our kids to learn trade?
Post by: xSkylarx on March 10, 2023, 09:24:54 AM
If learning then there is no problem even if he tries the actual one because there is no age limit for learning trading, the problem is how he can deposit or even withdraw money because it needs KYC. There are trading simulators or demo accounts to try to trade for the minor but if he will try to be the real one he needs to be 18 years old unless he will use the identity of his parents. Though in legalities I haven't seen any restriction of age in trading unlike in gambling that there are really notice about it


Title: Re: Is it legal for our kids to learn trade?
Post by: posi on March 10, 2023, 09:42:05 AM
Actually there is no problem when they learn to trade, but to jump right into trading practice it would be better to wait 3 or 4 years first. The reason is that if he trades now, then the risk is higher, he is definitely still relying on the money given to him by his parents, so don't let it backfire on himself. He must understand what trading itself is all about. He also has to know in advance how it feels to make money so that what he does later will be careful with the money he has. In conclusion, wait 3 or 4 years, even longer after he really understands. Because this is not a game played by children.

Trading is not like holding, if he wants to learn about bitcoin and start saving in bitcoin from now on, we can consider that because saving with bitcoin is still much better than saving in fiat currency. But trading is not recommended because it is much harder than holding. 15 years old is too young to start trading, firstly, not old enough to create accounts on exchanges, and second thing, as you mentioned: he still uses his parents' money, this will not guarantee capital when trading, if he loses, it will be easy to steal his parents' money.


Title: Re: Is it legal for our kids to learn trade?
Post by: KingsDen on March 10, 2023, 11:31:09 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
It all depends on your country's rules and regulations. In my country the age limit for being a child and turning into adult is 18 years as it is in so many countries. You do not need to put your child that is below 18 years into cryptocurrency trading which is risky.
But for knowledge purpose, you can decide to teach your child how to trade if they are so concerned and happy about learning graphs and charts. You keep teaching them with a demonstration account. And before they could turn 18, they would understand much about trading and start trading easily and efficiently.


Title: Re: Is it legal for our kids to learn trade?
Post by: gaston castano on March 10, 2023, 12:48:34 PM
I think the market is in a bad condition and the trend is bearish at the moment, so my advice is to stay away from trading for these children, maybe at this age children are already active in the digital world and I don't deny it, but to understand the market I think it takes several years of experience, and not based on theory because market conditions are always changing according to world conditions.


Title: Re: Is it legal for our kids to learn trade?
Post by: Kelvinid on March 10, 2023, 01:27:57 PM
I will advise you to allow the children to reach 18 or 19 years before you can teach them how to trade cryptocurrencies in the market, which will really help them to catch up with your explanation so that they will not miss it in future. At the age of 10 or 15 years, it will be difficult for them to know how important their seeds phrase is to them, because they will feel is not necessary to keep them safe. Just try to encourage them to wait till they grow mature in away they will be able to embrace income and lost which are part of some of the things new traders will definitely come across in the market.
Their interest brings them to this place and wanted to learn which means that these kids are willing to be taught and accept ideas. They can't simply think about the risk and feel the stress as they are still in this stage of learning so there is no problem with this as long as they are permitted by their parents.
Anyways, it was just all about learning trading but in the case of letting them in actual trade, that is another story which a need for them to be on legal each before starting. But preparing them longer is an advantage for them when doing actual.


Title: Re: Is it legal for our kids to learn trade?
Post by: jrrsparkles on March 10, 2023, 01:33:16 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
For learning everything is legal, even you can create something on your own which is considered as illegal by your country but you need to destroy it once you created it and that's how the learning works. To register on a decentralised exchange there is no need for any kind of verification so it means he can even continue to trade even after he gathered enough knowledge about crypto currency trading and risks.


Title: Re: Is it legal for our kids to learn trade?
Post by: Huppercase on March 10, 2023, 04:13:17 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

I will teach him if I were in your position, but I will also teach him to be patient, and I will teach him not to be too attached to the profits because I don't want to see him grow into liking money that much, but as soon as he turns 18, I will teach him full tutorials, and I will teach him everything he needs to be a successful trader, but doing it before that age will hasten it, however as I have said, it must not be too detailed. Don't forget to educate him how to remain emotionally detached; the outcome of trades might have an affect on what we do, and you don't want to see him upset when things go bad.


Title: Re: Is it legal for our kids to learn trade?
Post by: nara1892 on March 10, 2023, 04:42:23 PM
If learning then there is no problem even if he tries the actual one because there is no age limit for learning trading, the problem is how he can deposit or even withdraw money because it needs KYC. There are trading simulators or demo accounts to try to trade for the minor but if he will try to be the real one he needs to be 18 years old unless he will use the identity of his parents. Though in legalities I haven't seen any restriction of age in trading unlike in gambling that there are really notice about it
It's very risky, of course, when letting children do real trading, but for learning, it's okay, he can use a demo account to learn it all. But to go straight to real trading it is better to wait when he is really ready. Try to give an explanation that makes him understand that what he is doing is very risky, and not easy to do, especially for children of their age. I'm sure if our approach and explanation is good, then they will understand.


Title: Re: Is it legal for our kids to learn trade?
Post by: Jody.Drummer on March 10, 2023, 04:50:37 PM
Actually there is no problem when they learn to trade, but to jump right into trading practice it would be better to wait 3 or 4 years first. The reason is that if he trades now, then the risk is higher, he is definitely still relying on the money given to him by his parents, so don't let it backfire on himself. He must understand what trading itself is all about. He also has to know in advance how it feels to make money so that what he does later will be careful with the money he has. In conclusion, wait 3 or 4 years, even longer after he really understands. Because this is not a game played by children.

Trading is not like holding, if he wants to learn about bitcoin and start saving in bitcoin from now on, we can consider that because saving with bitcoin is still much better than saving in fiat currency. But trading is not recommended because it is much harder than holding. 15 years old is too young to start trading, firstly, not old enough to create accounts on exchanges, and second thing, as you mentioned: he still uses his parents' money, this will not guarantee capital when trading, if he loses, it will be easy to steal his parents' money.
Yeah that's why I don't recommend when they trade for real, and also I say they should at least wait until they turn 18 or wait 3 or 4 years first. Not only he (the child himself) will suffer losses, but his parents will be affected. I understand that maybe there are children who are quick to respond to knowledge, but knowledge alone is not enough in a world like this, there are many factors that must be understood. Their minds are also not fully prepared, and also they probably won't even think about it because the money they are using is not their own money.


Title: Re: Is it legal for our kids to learn trade?
Post by: bettercrypto on March 10, 2023, 05:29:37 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

First and foremost, conducting cryptocurrency trading is really risky. Second, this aspect is not easy to understand immediately, you know that.

      But if he is really eager to learn, there is nothing wrong with that if he makes the excuse himself and shows you that he is really interested. Just explain it to him in a way that he can easily understand. And since there are exchanges that need to have kyc, maybe you should teach trading in DEX first, it can also be done in centralized ones but in your account if it's your son, nephew or whatever.


Title: Re: Is it legal for our kids to learn trade?
Post by: Bushdark on March 10, 2023, 06:19:59 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
there is nothing wrong if children want to learn about trading. Do not bother about the loses he might incurred because there is demo account available for people who wants to learn about trading and do not know how to start. The demo will help the children to be available to learn trading and enter the market without any fear. It will help him to master trading well and to put the things he has learnt into practise so when the child start using real account, he will be confident to execute trade without fear of losing.


Title: Re: Is it legal for our kids to learn trade?
Post by: goinmerry on March 10, 2023, 06:33:21 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

If they are really eager, there might be something they see interesting about why they like trading at that age.

Therefore, let them enter the world of trading and guide them. Of course, just put them on the learning and studying part and not at the point that they will risk some money. They should get there soon.

You can observe that kid along the way and see if there's a significant change in his interest in trading, whether he really likes it or is just being carried away by something that he saw before on why there's an interest in doing it.


Title: Re: Is it legal for our kids to learn trade?
Post by: harizen on March 10, 2023, 07:35:08 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

There's no set legal age to "learn" trading, bro. Anyone, at any age, can learn to trade whenever they want or the eagerness is really there. However, on the technical side, these minors might not be able to experience the actual trading yet with their own respective trading account since KYC is a real deal. Should be of legal age where a person can provide Valid IDs and documents and related things.

But if the goal is to really teach children to do trade, experienced ones can provide some test or demo accounts just for these youngsters to familiarize the trading interface. After all, what can we do if these youngsters really want to learn trades rather than play outside with the usual kid's game?


Title: Re: Is it legal for our kids to learn trade?
Post by: Franctoshi on March 10, 2023, 08:02:06 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Trading is a skill and as much as the kid has passion for it and is able to graps what the charts are saying, it's no bad. I have came across a child of 15 years on YouTube that is very good in Chart/market analysis, precisely Bitcoin and also does some trading himself at his age. The main point and bottom line is what the kids are capable of doing, therefore I don't think it a bad if a 10-15 years kids gets involved in trading, however most preferable age to actually get my kids fully involved in trading will be from that of 14 years above, from this age they will be able to deal with emotions which is critical part of trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: teosanru on March 10, 2023, 08:20:49 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
As per laws of the most of the countries, trading in the local securities and exchanges is allowed to an adult only a person who holds the income tax number. Even though there is no such restriction when it comes to bitcoin but eventually it ends up to your decision whether you would like to expose your child to this market where he will always be at edge of his seat and learning that other's loss is going to be their win. Most importantly he will not know the worth of money as per well so I think it's not really advisable, you can teach him technical analysis but don't give him live market access. Give him dummy accounts until he understands importance of money and then give him a real account


Title: Re: Is it legal for our kids to learn trade?
Post by: |MINER| on March 10, 2023, 08:31:46 PM
I don't think it would be illegal because I've never heard of such a thing. But in my opinion it would be better to bring the kid in this line after 18 years. Because trading is very risky, there is a high risk of fund loss, and since under-aged children's understanding will be lower than that of a normal person, there is a possibility that they will make mistakes. But they can be given the basics but the details will be better taught after the age of eighteen.


Title: Re: Is it legal for our kids to learn trade?
Post by: JoyMarsha on March 10, 2023, 08:40:55 PM
Kids between the ages of 10-15 should not be exposed to the concept of trade. A child of that age is in the custody of their parents and will be entirely dependent on them for financial support and other small luxuries. Introducing them to trading implies that you want them to begin swindling their parents or even other family members so they can trade.

I remember when I was that age(10-15years), I hardly have money on me because I wasn't working except for schooling. My day-to-day spending was the money my parents gave to me to buy candies.

In essence, I'm trying to convey that trading costs money, and a kid between the ages of 10-15 doesn't have any. Rather than being introduced to trade, which demands money, they should concentrate on their education.


Title: Re: Is it legal for our kids to learn trade?
Post by: goaldigger on March 10, 2023, 08:46:22 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Trading is not illegal so there’s nothing wrong to educate them at the early age as long as your intention is good and its your own kids. This is also my dream, to educate them financially and make them realize how hard to make money do that they can value it more than i do. Trading might complicated for them but in time they can get it, you have to share your knowledge to them in a timeline basis and don’t force them to get it in an instant, learning takes time and with trading they have to understand everything.


Title: Re: Is it legal for our kids to learn trade?
Post by: Xampeuu on March 11, 2023, 02:20:06 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Trading is not illegal so there’s nothing wrong to educate them at the early age as long as your intention is good and its your own kids. This is also my dream, to educate them financially and make them realize how hard to make money do that they can value it more than i do. Trading might complicated for them but in time they can get it, you have to share your knowledge to them in a timeline basis and don’t force them to get it in an instant, learning takes time and with trading they have to understand everything.
imparting knowledge to children I think it must be done, from the way we trade teaches children many things, which must be disciplined, able to manage finances, can learn strategies if things don't go according to plan, and can teach children mentally to always be calm in dealing with various situations and conditions. but for minors I think it's the knowledge that's important to do, after that go ahead if you're going to practice trading, because they also need that experience. but the right time to practice, I think parents know better


Title: Re: Is it legal for our kids to learn trade?
Post by: irhact on March 11, 2023, 05:29:33 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

You could teach them and also help managed their risk by been their guide to avoid them putting too much capital that could affect then if the lose in the trade. 15 years isn't too young, atleast a 15yeaes old could understand what you're teaching them and if they practice constantly using demo accounts they'll be professional when they're 18.

It'll be a good start to life as they won't have to rely on the system of 9-5 that has been designed by the government but can already make their own money and with their years of experience they'll ahead of others in the same trading market.


Title: Re: Is it legal for our kids to learn trade?
Post by: Wexnident on March 11, 2023, 05:40:07 AM
Legal to learn? I guess (I'm not aware of any rules prohibiting anyone from learning it). Trading itself? Probably. Afaik most trading exchanges have that KYC rule and it's pretty much required to be above the legal age (in most cases it's 18 I think?) It's probably going to take a long time for him to understand the ins and outs of trading, and probably a bit of money if he ever does actually start trading, but that's usually how learning the trade goes. It's always risky regardless of when they enter, whether the market is bullish or bearish.


Title: Re: Is it legal for our kids to learn trade?
Post by: BITCOIN4X on March 11, 2023, 06:01:48 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Trading is a risky activity, not only for 10-15 year olds, but all traders will take that risk.
Children aged less than 15 years have more unstable emotions than children who are already teenagers. You may be able to infiltrate their cognitive abilities little by little, trying to teach them complex things and trying to help them control their emotions. But I'd be inclined to disapprove of teaching them about trading that fast.

I tend to agree more when parents succeed and help them in their academic pursuits rather than trying to get them to make money on their own when they are under 15 years old, but of course someone can disagree with me. Just follow the growth process as long as they are not ready about the complex issues of trading, and support them about the skills instead of teaching them trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: ethereumhunter on March 11, 2023, 07:11:50 AM
Legal to learn? I guess (I'm not aware of any rules prohibiting anyone from learning it). Trading itself? Probably. Afaik most trading exchanges have that KYC rule and it's pretty much required to be above the legal age (in most cases it's 18 I think?) It's probably going to take a long time for him to understand the ins and outs of trading, and probably a bit of money if he ever does actually start trading, but that's usually how learning the trade goes. It's always risky regardless of when they enter, whether the market is bullish or bearish.
If it's for learning, I think it's still legal and kids under 18 can learn it but may not meet the requirements to register on the exchange. So they should use a demo account first to learn until they understand and if they are over 18-20 years old, they can register on the exchange.

As parents, we must accompany the process of learning to trade until they understand. And tell them that trading is not easy. For crypto exchanges, I think some exchanges are not as strict regarding KYC regulations so they can try trading with real money.


Title: Re: Is it legal for our kids to learn trade?
Post by: Cantsay on March 11, 2023, 07:36:51 AM
I think the market is in a bad condition and the trend is bearish at the moment, so my advice is to stay away from trading for these children, maybe at this age children are already active in the digital world and I don't deny it, but to understand the market I think it takes several years of experience, and not based on theory because market conditions are always changing according to world conditions.

As long as it's not illegal you could always teach them, and you can do that without using real money so the fear of losing money has been eliminated.
Just look for a good simulator and let them engage their selves in it, before you'll realize it they would already be able to read charts and do so many other things, don't let age restrict your children from knowing what will help them financially trading may be to make them to be financially independent when they finally start real trading   


Title: Re: Is it legal for our kids to learn trade?
Post by: Zilon on March 11, 2023, 08:10:25 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Some kids at 10 are more matured psychologically than kids at 14-18 years. Once a child is eager to learn i believe it is wise to teach them else they will learn it from a random source and what most parents will be scared will happen while hoarding the knowledge from their kids will eventually happen.

Trading at an early age with close monitoring, mentorship and guidance will prepare the child well for the future. First the kids will learn to be independent at early age and secondly they will master the act early if well tutored, because at that age money is not necessarily their concern the just want the knowledge.


Title: Re: Is it legal for our kids to learn trade?
Post by: Mauser on March 11, 2023, 09:30:16 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

I don't know about the laws in your country, but in my country it's legal for children to have their own brokerage account as long as the parents agree and take the risks. When I turned 16 I got my first investment account from my grand parents. I still remember that my parents had to fill out a lot of forms before I could actually sell and buy new stocks. It was all done with a bank where also my parents accounts were, so the bank knew there was enough capital to cover any losses. This was of course the lowest level of trading, only major stocks allowed without leverage and no advanced financial products. I think it's good if our children are interested in the financial industry and we should support their curiosity. It's also important they learn about the risks involved and should start very small.


Title: Re: Is it legal for our kids to learn trade?
Post by: gabbie2010 on March 11, 2023, 10:27:35 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
It's a bit to early to rush 10-15years kids into trading, I believe they should be in high school studying with academic work after high school trading comes on, learning new stuffs is stage by stage that is why academic work has curriculum, exposure to trading now is very risky even if there isn't any age limit in trading because trading is highly tasking with huge challenges, teaching them trading now would create unnecessary distraction to their school work of course age is on their side thus pushing them into trading should be done at the appropriate time and period but now.


Title: Re: Is it legal for our kids to learn trade?
Post by: LastKiss on March 11, 2023, 12:11:46 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

Well, trading is very risky and plus when a kid trades it becomes more riskier but if a kid wants to "only" learn how to trade then we can give them a try and some guidance. Don't make them try to learn to trade and end up becoming an addiction because don't have the knowledge and depend on his luck. You can wait until he a little grow up because 4 years is not that long.


Title: Re: Is it legal for our kids to learn trade?
Post by: xSkylarx on March 11, 2023, 12:49:07 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

Well, trading is very risky and plus when a kid trades it becomes more riskier but if a kid wants to "only" learn how to trade then we can give them a try and some guidance. Don't make them try to learn to trade and end up becoming an addiction because don't have the knowledge and depend on his luck. You can wait until he a little grow up because 4 years is not that long.

How it become more riskier? I mean a child just trading as they got curious about it. Also, I am not sure they got addicted to it because at first, trading is not interactive, unlike gambling, so it is more risky for them to get addicted unless they keep winning and earning money, which increases the possibility of addiction. I don't see any risk for them as long as they know what they are doing. I mean, in trading, it takes knowledge, and even at first, before you start, you need to do a lot of research.


Title: Re: Is it legal for our kids to learn trade?
Post by: Sakanwa on March 11, 2023, 05:32:28 PM
I was really thinking about a saying that LEARNING FROM A YOUNG AGE IS THE BEST so I guess same goes for trade, having the child to learn everything about trade first before getting to invest in it is good because it help him or her to know how to invest and it creates rooms for easy self employed. So I guess it isn't bed after all.


Title: Re: Is it legal for our kids to learn trade?
Post by: fullhdpixel on March 11, 2023, 07:25:54 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
For learning everything is legal, even you can create something on your own which is considered as illegal by your country but you need to destroy it once you created it and that's how the learning works. To register on a decentralised exchange there is no need for any kind of verification so it means he can even continue to trade even after he gathered enough knowledge about crypto currency trading and risks.
I'd say it depends on what is that thing they will learn. What if it's about doing crimes, will you still say that it was legal? In some countries cryptos are not legal. We must check the status of it first before we get involved with it. Trading is hard that even us who are not a kid anymore are still doubting if we will do it or not.

As a kid they need to stick on the basics which is to learn what is Bitcoin and then teach them how to store their coins safely. This is the same as when we teach them how to save money on a piggy bank. Decentralized exchange doesn't need any registration but you can simply connect your wallet on it and start using it.


Title: Re: Is it legal for our kids to learn trade?
Post by: irsykes on March 11, 2023, 08:47:11 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
use cold money and it doesn't have to be a lot of money for a child who wants to trade. as a parent, you are in control of financial management, not your child. You have to be firm and monitor if your child has started trading, because everything takes time and material which is not enough A little


Title: Re: Is it legal for our kids to learn trade?
Post by: Viscore on March 11, 2023, 09:00:47 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I don’t see any illegality if kids will be taught about trading at an early age. Kids have different interest and passion so might as well enhance and develop it rather than discouraging them about trading. However, knowing the fact that trading is never easy and will always require complete understanding on trading before trying to engage in it, then your kid friend should not be allowed to trade for now as his mind is not ready yet to incur consistent losses as that’s what trading is all about for first timers. He’s free to learn actually but he should avoid trading for now knowing it could cause him trauma if he used up all his allowance from trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: Distinctin on March 11, 2023, 09:38:33 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Kids are not prohibited to learn from trading as it will open them to a good opportunity to make and earn an income from trading. But kids emotions are not that established and stable and they easily burst out when things become out of control. That’s why kids are not advised to trade at their young age simply because they don’t have their own source of income that they can afford to lose from trading. And if they do, they might also develop trading addiction as they will never stop trading until they prove to themselves that they can make profits from trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: nurilham on March 11, 2023, 09:59:18 PM
Children 10-15 years are better to know general things/matters about crypto only. They are still not suitable to learn about trading or investing in crypto coins. It is too risky for them to learn trading, they are not mature enough to know it. I think 17-18 years old is the minimum age to learn trading or investment in crypto. At that age, someone already has the capability to determine what is good and bad. While Children 10-15 years, they still don't have the capability and probably don't understand the risk in trading.



Title: Re: Is it legal for our kids to learn trade?
Post by: Sterbens on March 12, 2023, 04:25:38 PM
Children 10-15 years are better to know general things/matters about crypto only. They are still not suitable to learn about trading or investing in crypto coins. It is too risky for them to learn trading, they are not mature enough to know it. I think 17-18 years old is the minimum age to learn trading or investment in crypto. At that age, someone already has the capability to determine what is good and bad. While Children 10-15 years, they still don't have the capability and probably don't understand the risk in trading.


Yes, that's right, trading is not something that is haphazard, you can't be careless in trading especially for children who are underage and sometimes even adults still have difficulties in trading, there is a lot to learn before plunging into the world of trading, one of which is by learning self-control when emotions are caused by experiencing a loss of money, in my opinion this is very vulnerable and high risk for minors whose psychology is still unstable.


Title: Re: Is it legal for our kids to learn trade?
Post by: @sriyan on March 12, 2023, 05:37:37 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

Kids are learning trading since their childhood. When they go to the supermarket, they are buying things. So we can not say that is prohibited. But my main point is better to learn about trading before actually doing it. My suggestion is to do the mock trading first. The main challenge is most of the centralized exchanges are not allowed to register under the age of 18.


Title: Re: Is it legal for our kids to learn trade?
Post by: Stable090 on March 12, 2023, 10:17:22 PM
I don’t think anything it’s bad for them to go into tradings, you don’t expect them to know everything about trading within a day, it’s a gradual process, you can start teaching them from the basics now, atleast whenever they turn professional and they start making money, they will be financially free and they won’t really be disturbing your money.


Title: Re: Is it legal for our kids to learn trade?
Post by: Sakanwa on March 13, 2023, 08:57:34 AM
I don’t think anything it’s bad for them to go into tradings, you don’t expect them to know everything about trading within a day, it’s a gradual process, you can start teaching them from the basics now, atleast whenever they turn professional and they start making money, they will be financially free and they won’t really be disturbing your money.




Initially you are right but you should come to of this I was at the age for my early 15 when I cought introduce into trade and I fine out that trade is not really good for kids that are not smart and creative as well, as at then I didn't even know were to start from after been thought I tired  alot of times and I failed and I stop when I climbed 20 that was when I understand more about it and till was not doin much better, it will only end up making finish the little you have and it's not advisable the someone who is not working or having something that brings income to him or her to get in trade because trading requires money,while because when you are lossing out you have to add it up to bost you again to trade so I think is not really wise to teach a child on how to trade but in the other hand you can only show them that this kind of thing gives money but only when you have something doing that gives you money either monthly or weekly and that it will help them bost them when they invest in it but they have to be very careful about what ever they are doing in trading investment.


Title: Re: Is it legal for our kids to learn trade?
Post by: Ziskinberg on March 13, 2023, 11:59:55 AM
I was really thinking about a saying that LEARNING FROM A YOUNG AGE IS THE BEST so I guess same goes for trade, having the child to learn everything about trade first before getting to invest in it is good because it help him or her to know how to invest and it creates rooms for easy self employed. So I guess it isn't bed after all.
That is what we mean by preparation and it is just like how these businessmen teach and educating their sons/daughters to become ready as their successors in the future.

But with that range of age, I think it was too early for them to get expose into trading. I believe it was better for them to just focus on understanding the concept of the crypto market. Ideally, it was best for them to start learning how Bitcoin works as they can easily understand when they already have enough knowledge about it. Because trading doesn't need to too much time to learn as it can be learned more when doing an actual trade.


Title: Re: Is it legal for our kids to learn trade?
Post by: freedomgo on March 13, 2023, 03:57:24 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

If they are really eager, there might be something they see interesting about why they like trading at that age.

Therefore, let them enter the world of trading and guide them. Of course, just put them on the learning and studying part and not at the point that they will risk some money. They should get there soon.

You can observe that kid along the way and see if there's a significant change in his interest in trading, whether he really likes it or is just being carried away by something that he saw before on why there's an interest in doing it.
Kids have become smarter these days, and they become very eager to engage in this digital world and would want to explore everything that this digital world has to offer. And trading is not an exception. Yes, it could be risky and dangerous for them, but what else can we do if they really develop high interest in trading. The best thing we can do is just to guide them and let them see and realized the real world of trading. If they will only trade because they think it can give them instant huge profits, I should say they are not here to learn trading but to add to the FUD that trading is a get-rich-quick scheme.


Title: Re: Is it legal for our kids to learn trade?
Post by: naikturun on March 13, 2023, 04:32:53 PM
nothing prohibits it and it's legal but still has a high risk, especially if you teach it to minors, their emotions are also unstable and easily provoked.
I don't think it's wise to teach him at his current age.


Title: Re: Is it legal for our kids to learn trade?
Post by: Sanitough on March 13, 2023, 09:59:08 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

There's no set legal age to "learn" trading, bro. Anyone, at any age, can learn to trade whenever they want or the eagerness is really there. However, on the technical side, these minors might not be able to experience the actual trading yet with their own respective trading account since KYC is a real deal. Should be of legal age where a person can provide Valid IDs and documents and related things.

But if the goal is to really teach children to do trade, experienced ones can provide some test or demo accounts just for these youngsters to familiarize the trading interface. After all, what can we do if these youngsters really want to learn trades rather than play outside with the usual kid's game?
Everyone is actually free to trade, but not everyone is capable to trade. That’s why if you see some passion from a kid to learn trade eagerly, then praise him and guide him all the way. Help him develop his knowledge and skills in trading, and demo account could be good enough to let him experience what trading is all about. If he never change his mindset and is still eager to trade more after a lose trade, maybe he is really meant to be a successful trader when he reaches his right age to trade.


Title: Re: Is it legal for our kids to learn trade?
Post by: Hamphser on March 13, 2023, 10:49:58 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Just let him/her be on what he would want to do as long you do explain to him/her about the risks of losing money.If we do speak about legality then its understandable that everything should be 18 above but

since we do have platforms which you could trade up freely without needing to submit any KYC then you could really make some trading no matter how young you are or on speaking about having no age restrictions as long you do know on what you are doing then that what really counts.We do know that the earlier the better and the more experience you would be getting the more better.

Time will come that on the right age he would really be that able to comply on whats been needed and wouldnt really be a problem when complying KYC.


Title: Re: Is it legal for our kids to learn trade?
Post by: gunhell16 on March 14, 2023, 10:36:34 AM
The aged of 10-15 years old already can understand what people are saying, they already know something about right and wrong.

Although most people at that age enjoy being young or teenager, it can be said that there is nothing wrong if you teach trading as long as there is an interest in it. That's what's important, the one who makes a way for you to teach him/her to understand it.

Then no law prohibits teaching such an age about crypto trading or bitcoin.


Title: Re: Is it legal for our kids to learn trade?
Post by: Bobrox on March 14, 2023, 11:29:37 AM
The aged of 10-15 years old already can understand what people are saying, they already know something about right and wrong.

Although most people at that age enjoy being young or teenager, it can be said that there is nothing wrong if you teach trading as long as there is an interest in it. That's what's important, the one who makes a way for you to teach him/her to understand it.

Then no law prohibits teaching such an age about crypto trading or bitcoin.
I think around 15 years above they have understand about financial and economic and in my country under 15 years old have looking side job to earn money. Its seems have been easy to teach our children after 15 years old to understand about Bitcoin and cryptocurrencies exactly guide them to learn trading.

Giving basic rule or information about cryptocurrency is most important before they are going to specific coins for trading and minimize loss in cryptocurrencies trading. Depend on each countries culture because some countries over 10 years old they have understand all about financial but some countries on 10 years still busy how to play every evening.


Title: Re: Is it legal for our kids to learn trade?
Post by: Unbunplease on March 14, 2023, 11:47:36 AM
In my opinion, the earlier a child becomes accustomed to financial literacy, the better. Of course, you should start trading on demo accounts. You should only switch to trades using real money when the child achieves some success with simulated trading - but not before. I wish that when I was a kid I had a chance to learn how to trade properly


Title: Re: Is it legal for our kids to learn trade?
Post by: Lorence.xD on March 14, 2023, 01:36:54 PM
In my opinion, the earlier a child becomes accustomed to financial literacy, the better. Of course, you should start trading on demo accounts. You should only switch to trades using real money when the child achieves some success with simulated trading - but not before. I wish that when I was a kid I had a chance to learn how to trade properly

True, speaking of demo, I think there's some games that are include trading mechanics which doesn't use real money. They can enhance their trading knowledge and experience but we all know that trading is not just like a game which you have to risk your money. Trading is not a game no more for kids just to simply trade goods and assets for them to profit. It would be better to simply teach them little by little as they grow or let them to learn on their own. So when they can invest by themselves they have already idea how trading works of course we can assist them for a second opinion in their decision but it's already up to them to decide. Give them knowledge but don't let them trade first as if they loss assets, you are still responsible.


Title: Re: Is it legal for our kids to learn trade?
Post by: GreenStox on March 14, 2023, 04:19:15 PM
I don't think there is a law that regulates it, but in my opinion it's not a wise choice, young people are usually easily carried away by emotions, while trading is an activity that must regulate our emotions, that's why trading can't be done by random people.


Title: Re: Is it legal for our kids to learn trade?
Post by: Oceat on March 14, 2023, 06:22:15 PM
I don't think there is a law that regulates it, but in my opinion it's not a wise choice, young people are usually easily carried away by emotions, while trading is an activity that must regulate our emotions, that's why trading can't be done by random people.
Yeah right, especially with those who doesn't have any experience yet they are the ones who are easily swayed just by the enticing profit shown from other people. I don't know if children could come up with any idea how to control their emotions but if you believe the has it in him then let him try then watch how is it going but I'm sure it would turn out like a gamble if he had a lot of losses but still continue which means chasing losses. But if the kid can pull it off and does know what he was doing then I would say that's a talent.


Title: Re: Is it legal for our kids to learn trade?
Post by: deathcode on March 14, 2023, 06:38:10 PM
I want to know if it right for children that are of 10-15years go in to trade or not
If you asked whether it is suitable for children aged 10-15 years, of course I think it is not suitable for children of their age. You already know right, even trading is not an easy thing if it is done by those of us who are teenagers or adults, who might say we already have a lot of experience, good cognitive abilities and better self-management than them, right?. Especially for children their age, I think it might be very draining and time-consuming for them.
It's natural for them to be interested because indeed they are at an age that is classified as always wanting to try and be attracted by new things. But if you doubt it's too risky for them at this time you should be wise in explaining it to them, not just rejecting their curiosity without giving a clear reason because maybe it will make them less enthusiastic to always learn something new.

If indeed they are really interested in learning to trade, maybe you can teach them "theoretically" about the basic knowledge or general knowledge that they must have before actually deciding to get to know and pursue the world of trading someday. Even if it's just a general theory, at least you have provided them with basic knowledge that is important for them someday.


Title: Re: Is it legal for our kids to learn trade?
Post by: sulendra12 on March 14, 2023, 07:12:07 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing,
It's not okay or rather not old enough to bring the burden of investment in that age. I'd say they need to wait few years more in order to be eligible for investment, it's not their age to do it yet and I don't think they can manage the emotion and risk of trading because they are too young, they need to learn other things first. Also since most of the trading sites(exchanges) are required to do KYC and I doubt they will fulfill the requirement to do that unless they use parents identity. But still depends on where you live, it's not okay to do and considered illegal.


Title: Re: Is it legal for our kids to learn trade?
Post by: Rabata on March 14, 2023, 09:05:55 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Trading platforms are usually a sensitive place. Where there is a risk of losing money due to a small mistake. But if one wants to learn trading then he can learn. Must be mature in this case. Because trading requires patience. Kids will not be able to endure this. But if they want to learn it slowly then surely something will be good. It would be better to teach them trading through demo trading instead of real trading. But I don't know if there is such opportunity in crypto or not.


Title: Re: Is it legal for our kids to learn trade?
Post by: Natalim on March 14, 2023, 09:33:38 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Trading platforms are usually a sensitive place. Where there is a risk of losing money due to a small mistake. But if one wants to learn trading then he can learn. Must be mature in this case. Because trading requires patience. Kids will not be able to endure this. But if they want to learn it slowly then surely something will be good. It would be better to teach them trading through demo trading instead of real trading. But I don't know if there is such opportunity in crypto or not.
Most exchanges have a demo account that would help beginners to learn and familiarize their platform. Perhaps, they could use it and enjoy trading while not using real money. Having 3 years of experience using a demo account before they reach their legal ages to trade, we could really think that it was too much exposure and expecting positive results when doing actual trading. Yet, it doesn't mean that it gives them too much confidence that they can make it well because we know the nature of trading, losses are inevitable.


Title: Re: Is it legal for our kids to learn trade?
Post by: MiF on March 15, 2023, 01:50:29 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I think you know already the big risk of trading, that is why don't let your child do it without a your guide specially when they are still newbie, you can guide them and if you know that they can trade on their own then you can leave it to them, the children now a days are curious all we need to do is to guide them and make them more responsible on doing trading, gaming,investing, etc., because it involves money and reputation.


Title: Re: Is it legal for our kids to learn trade?
Post by: touseefahmad1999 on March 15, 2023, 02:14:56 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Yes, it is legal for children to learn a trade. In fact, many vocational schools and apprenticeship programs allow students to begin learning trades while still in high school or even earlier. The age requirements and regulations for learning a trade may vary depending on the country or state where you live.

However, it's important to note that while children can learn a trade, they may not be able to work in certain professions until they reach a certain age and obtain the necessary certifications or licenses. It's also important for parents and guardians to ensure that any trade programs or apprenticeships their children participate in are safe and comply with applicable labor laws and regulations.


Title: Re: Is it legal for our kids to learn trade?
Post by: Woodie on March 15, 2023, 03:29:55 AM
I want to know if it right for children that are of 10-15years go in to trade or not
I think the best students come from children learning when they are still young and have a teacher/mentor to help them grasp this new skill and if they have you to be there to teach them how to trade indeed they will be great expert's in trading.

because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Don't you think it's unfair to underestimate his abilities...and because his eager to learn I think he is more likely to be interested in this topic of trade unlike getting to learn about in when they are older which is the more reason you should equip him with the right tools to trade..you will be surprised how well they will perform as the interest in this subject is there...


Title: Re: Is it legal for our kids to learn trade?
Post by: Litzki1990 on March 15, 2023, 04:21:32 AM
It can never be safe to teach trading to 10 to 15 year olds.  Must be an adult to trade.  Because in adulthood, people's ability to make decisions increases, as a result of which the possibility of making mistakes in work is much less. But 10 to 15 year old children don't have such sense to make any big mistake at any time. So first educate your children with adequate education then when you realize your children are grown up and have enough sense then teach them about trading. In order to do trading, one has to have knowledge about many things and one has to do enough research about the market, hopefully it is not possible for children of 10 to 14 years to do this.


Title: Re: Is it legal for our kids to learn trade?
Post by: adzino on March 16, 2023, 07:08:40 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Sure it's not a bad thing to teach them how to trade. Giving financial literacy from the very young age is actually important and a smart thing to do, but you shouldn't jump right into trading. Better to start with the basics and let them learn about financial managements and the risks associated with it.

Instead of trading with read money, maybe let them use demo accounts where they can simulate real market trades and become more comfortable and get to learn about trading without risking anything.


Title: Re: Is it legal for our kids to learn trade?
Post by: bakasabo on March 16, 2023, 10:27:14 AM
Instead of trading with read money, maybe let them use demo accounts where they can simulate real market trades and become more comfortable and get to learn about trading without risking anything.

All these demo accounts are useless, as they dont give real experience of a trader. It is like beating games with god mode on. In addition, kids and adult trading (graphs, orders, wall of numbers and etc) that is boring. Playing monopoly will be more than enough to learn how to trade, hold and create offers on the market. If kids are interested in more than simple trading as an instant exchange money for item or service, then I think they need to wait until they grow up and become adults, as adults are more cunny than kids. When kids think about 3-5 steps forward, adults already have a plan for 30-40 steps forward.


Title: Re: Is it legal for our kids to learn trade?
Post by: Inwestour on March 16, 2023, 11:20:00 AM
Sure it's not a bad thing to teach them how to trade. Giving financial literacy from the very young age is actually important and a smart thing to do, but you shouldn't jump right into trading. Better to start with the basics and let them learn about financial managements and the risks associated with it.

Instead of trading with read money, maybe let them use demo accounts where they can simulate real market trades and become more comfortable and get to learn about trading without risking anything.
Have you tried trading on a demo account? I will say that for me it did not give any advantage in real trading and this is what many successful traders say, demo trading will not give anything because you do not feel real responsibility, it will just be like a game that you can start over again without any losses.

And if you trade for real money, even for insignificant funds, you will get much more experience, since every action you take will be deliberate and every wrong action can lead to loss of funds.


Title: Re: Is it legal for our kids to learn trade?
Post by: Smack That Ace on March 16, 2023, 01:37:47 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Trading platforms are usually a sensitive place. Where there is a risk of losing money due to a small mistake. But if one wants to learn trading then he can learn. Must be mature in this case. Because trading requires patience. Kids will not be able to endure this. But if they want to learn it slowly then surely something will be good. It would be better to teach them trading through demo trading instead of real trading. But I don't know if there is such opportunity in crypto or not.
Most exchanges have a demo account that would help beginners to learn and familiarize their platform. Perhaps, they could use it and enjoy trading while not using real money. Having 3 years of experience using a demo account before they reach their legal ages to trade, we could really think that it was too much exposure and expecting positive results when doing actual trading. Yet, it doesn't mean that it gives them too much confidence that they can make it well because we know the nature of trading, losses are inevitable.

Although I do not encourage and like to use a demo account to start trading because it does not feel realistic as a real account. Our emotions will be confused when we switch from demo to real accounts, and we will make more mistakes. But in the case of OP, I also offered to use a demo account for that friend because he was too young and was not ready to start trading. It can be said that we only seek to satisfy his curiosity, but we cannot teach him about trading at that age.


Title: Re: Is it legal for our kids to learn trade?
Post by: Unbunplease on March 16, 2023, 09:46:37 PM

Sure it's not a bad thing to teach them how to trade. Giving financial literacy from the very young age is actually important and a smart thing to do, but you shouldn't jump right into trading. Better to start with the basics and let them learn about financial managements and the risks associated with it.

Instead of trading with read money, maybe let them use demo accounts where they can simulate real market trades and become more comfortable and get to learn about trading without risking anything.

Usually demo trading creates a deceptive impression, because not all the laws of the market work in this mode. A person, having earned a lot of virtual money, enthusiastically begins to trade with real money - often quite a lot of real money - and as a result often fails. It is better to trade with real money - but a very small amount.


Title: Re: Is it legal for our kids to learn trade?
Post by: albon on March 16, 2023, 10:45:12 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I do not think that trading will be easy for them at this age, it will be very complicated for their age, but their father or someone older than them and has experience in trading can start by teaching them the basics, how trading works, and its mechanisms, and help them understand the crypto market, trading tools, and potential risks by using demo accounts on trading platforms as they are risk-free accounts. Through educational resources such as books, videos, and activities and through the explanations provided to them in simple terms, they can learn technical and fundamental analysis gradually and learn about the different factors that affect cryptocurrency prices, in addition to teaching them patience and discipline as they are essential to do successful trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: Kgdktac on March 17, 2023, 06:59:45 AM
The key here is proper education and guidance, if you can afford that, then I'd say it's better to start learning early cos there's a lot to know.

If your friend is interested in learning about trading, it is expedient for him to start with educational resources, such as books or online courses, To learn, But you'll have to closely guide him


Title: Re: Is it legal for our kids to learn trade?
Post by: Farma on March 17, 2023, 08:30:34 AM
I think, if you only teach them the basic knowledge, regarding explanations, and some points in it, it won't be a problem. it would be better if they know about trading and the risks from us. However, I think, they are still not ready to trade for real. it might be better to teach them at 16-17 years old. it can be an introduction for them before they actually try to start their own trade. is it legal? well, if it's just teaching about I think that it's a legal thing. we know that many subjects that are "mature enough" are taught in school.


Title: Re: Is it legal for our kids to learn trade?
Post by: Hamza2424 on March 17, 2023, 02:46:45 PM
In my view in the initial stages trading is an emotionally stressful job so if you are forcing or guiding your child to learn trading then you putting them under huge pressure. So I think, they are gonna suffer a lot if they go through this hard process. I think that is the only reason that i will recommend you to not put your kids in this stressful business.

Trading is a powerful skill and it is gonna be one of the most valuable skills in the coming days as well but during learning this skill a person needs to go through a lot of hard experiences and I will recommend this skill for teenagers from 16 to 21. From a legal or illegal point of view, I am not sure about it because I have never heard of such age restrictions on learning any skill.   

I don't think there is a law that regulates it, but in my opinion, it's not a wise choice, young people are usually easily carried away by emotions, while trading is an activity that must regulate our emotions, that's why trading can't be done by random people.

Well said due I was trying to explain the same thing above, emotion control plays an important role in trading. Trading plays with human psychology.


Title: Re: Is it legal for our kids to learn trade?
Post by: Wapfika on March 17, 2023, 04:19:27 PM
I don't think there is a law that regulates it, but in my opinion it's not a wise choice, young people are usually easily carried away by emotions, while trading is an activity that must regulate our emotions, that's why trading can't be done by random people.
It will still depend on child capacity and ability to analyze and understand how it works. Some teenagers or adults can't still do trading as they find it hard so if the kid is smart enough to grasp and understand how it is done then it will be fine. We're in a advanced generation now some kids where smart now to understand how to use gadgets or computers than adults. It will depend on their intellect to understand but of course it must be guided by parents as well if they wanted to do it without pressure and provided they still have time to enjoy their childhood.


Title: Re: Is it legal for our kids to learn trade?
Post by: lousie9 on March 17, 2023, 09:37:20 PM
I want to know if it right for children that are of 10-15years go in to trade or not
in my opinion totally unsuited to go into trading in my opinion if he or she is under 18 years old.

because I think is too risky for them to go in to trade for now.
actually you have answered your own question right?. you already know that it would be too risky for the child and trading is not an easy thing to do even by us.
I think their thoughts and mentality are also not ready to accept trading materials because they do not have maturity in making decisions and emotional stability.
but if you teach him basic terms in general, I don't think there is a problem because maybe the child is talented in trading if he is old enough and indirectly you have provided a foundation of basic knowledge about trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: virasisog on March 17, 2023, 10:05:37 PM
Teaching them at an early age is not a problem as long as they can understand and adapt teachings about trading. It's a good thing to introduce it to them while they are young but of course, we must also educate them about the risks.
We can't impart them the trading knowledge but it shouldn't be their focus. We must not require them to do trading yet and we should let them enjoy their childhood first. We can teach them but we must let them do it when they're at the right age and when they are mature enough to make concrete decisions. We know how risky trading is and it needs intellectual knowledge especially when it comes to decision-making.


Title: Re: Is it legal for our kids to learn trade?
Post by: tjtonmoy on March 17, 2023, 10:39:35 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I love curious people. If any child is eager to learn something, you should teach them. It's our duty to pass over the knowledge to the next gen. You can just teach them the concept and how does it work. Just because they know something, they are not obliged to do it. They can do it when it's the right time to do it. I have seen kids spending money on online games at that age. Total waste of time and money. It is good that a kid at that age is trying to learn something that can help him in the future. It's not necessary to start with $100/1000 at first. You can trade with $2-5 in binance. I don't think that's a heavy price to pay in order to learn something so important.
Also if you are not willing to lose that small amount of money, why not try with trial funds. One platform that I know which gives you a trial fund to trade is moonxBT. I am not saying this for that platform. I just know that, so I shared [DYOR].
I am happy to see that the next generation is willing to learn something, which will become essential in the near future. Practice makes you perfect. So it will give him some much time to improve himself if he starts at an early age. That's all I can say here.


Title: Re: Is it legal for our kids to learn trade?
Post by: gunhell16 on March 18, 2023, 09:09:15 AM
Teaching them at an early age is not a problem as long as they can understand and adapt teachings about trading. It's a good thing to introduce it to them while they are young but of course, we must also educate them about the risks.
We can't impart them the trading knowledge but it shouldn't be their focus. We must not require them to do trading yet and we should let them enjoy their childhood first. We can teach them but we must let them do it when they're at the right age and when they are mature enough to make concrete decisions. We know how risky trading is and it needs intellectual knowledge especially when it comes to decision-making.

I agree with what you said dude, at that age he can understand we just need to level the explanation to him based on that age. It's good if it's good to do that, as long as what's needed is for them to take the initiative to find out what bitcoin is and why it's important.

For example, I have a son who will be that age, I will show him the usage of bitcoin, I will not explain anything to him about it yet, I just want to familiarize him with how it is used and how it helps, because in this case, it is a possible to start in his mind to ask about it.


Title: Re: Is it legal for our kids to learn trade?
Post by: SirLancelot on March 18, 2023, 02:50:21 PM
I think, if you only teach them the basic knowledge, regarding explanations, and some points in it, it won't be a problem. it would be better if they know about trading and the risks from us. However, I think, they are still not ready to trade for real. it might be better to teach them at 16-17 years old. it can be an introduction for them before they actually try to start their own trade. is it legal? well, if it's just teaching about I think that it's a legal thing. we know that many subjects that are "mature enough" are taught in school.
But, for what reason you're doing this if they won't do trading after the lecture? I think it's only a waste of time. If you think your kid is too young for this then just wait for them to be at the right age before you make a move so that the lessons are going to be fresh on their mind than if you will do some pauses because they will only forget what they have learned.

If you ask if crypto trading is legal or not I think this will also depend on the country that we are living and not just by the age of the person that will do it because there are some countries where crypto is still illegal. It's important to check these stuffs first so that all the efforts aren't going to be wasted.


Title: Re: Is it legal for our kids to learn trade?
Post by: LUCKMCFLY on March 26, 2023, 05:29:21 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

Well, trading is very risky and plus when a kid trades it becomes more riskier but if a kid wants to "only" learn how to trade then we can give them a try and some guidance. Don't make them try to learn to trade and end up becoming an addiction because don't have the knowledge and depend on his luck. You can wait until he a little grow up because 4 years is not that long.

How it become more riskier? I mean a child just trading as they got curious about it. Also, I am not sure they got addicted to it because at first, trading is not interactive, unlike gambling, so it is more risky for them to get addicted unless they keep winning and earning money, which increases the possibility of addiction. I don't see any risk for them as long as they know what they are doing. I mean, in trading, it takes knowledge, and even at first, before you start, you need to do a lot of research.

The trade that I want my children to learn is obviously trading, but that they don't learn it as I have learned it, that they learn through books, because books are the best teachers, if books are simply nobody, In this case, we as good parents must offer the best for my children. I studied a career, I prepared myself a lot to work for another, for me education is corrupt, because it doesn't teach you how to make money, it's to work for others, that's It doesn't make sense to me, if my children tell me that they want to study more, I offer them to read tading books, or to enter a business school and until they make their own money I won't let them do other activities.


Title: Re: Is it legal for our kids to learn trade?
Post by: Yamifoud on March 26, 2023, 08:17:30 AM
I think, if you only teach them the basic knowledge, regarding explanations, and some points in it, it won't be a problem. it would be better if they know about trading and the risks from us. However, I think, they are still not ready to trade for real. it might be better to teach them at 16-17 years old. it can be an introduction for them before they actually try to start their own trade. is it legal? well, if it's just teaching about I think that it's a legal thing. we know that many subjects that are "mature enough" are taught in school.
But, for what reason you're doing this if they won't do trading after the lecture? I think it's only a waste of time. If you think your kid is too young for this then just wait for them to be at the right age before you make a move so that the lessons are going to be fresh on their mind than if you will do some pauses because they will only forget what they have learned.

If you ask if crypto trading is legal or not I think this will also depend on the country that we are living and not just by the age of the person that will do it because there are some countries where crypto is still illegal. It's important to check these stuffs first so that all the efforts aren't going to be wasted.
It is a reason why we just teach people or a kid when they are seriously interested and when they are mature enough to understand this. Teaching kids is not an appropriate time for them as they are too young for this to take big responsibility. Honestly, learning about trading is not just about knowing the logic and the strategies, it is very important for them to experience a real scenario as this will help them fully understand how trading works. And the question is if they can really take the risk and stress. And I guess not...


Title: Re: Is it legal for our kids to learn trade?
Post by: Inwestour on March 26, 2023, 04:39:47 PM
It is a reason why we just teach people or a kid when they are seriously interested and when they are mature enough to understand this. Teaching kids is not an appropriate time for them as they are too young for this to take big responsibility. Honestly, learning about trading is not just about knowing the logic and the strategies, it is very important for them to experience a real scenario as this will help them fully understand how trading works. And the question is if they can really take the risk and stress. And I guess not...
Perhaps you are right about the fact that for an unprepared psyche of a child, this can be too much stress. Even not every adult can mentally cope with the stress of trading, especially when there are situations in which you lose a lot of money.

We can talk about the preparation and theoretical study of materials, but it is difficult to talk about real trading. Unless it should be under the supervision of an adult, but then it may not be his experience, but the one who helps him, in which case this will also not be the best option.


Title: Re: Is it legal for our kids to learn trade?
Post by: Digital_Lord on March 26, 2023, 06:06:02 PM
Although the trading is very risky but one thing should be remember that by tolerating failure and taking risk we can go ahead but if we don't face such situations then how we will learn. I think that you should engage your children in such activities because in few years he will just make experience and will do better by experiencing through gain and loss. If there is nothing to do and you have a firm believe that your child will engage in trading in future then surely its a right time to make his concept clear about trading. He will get some knowledge from you and some knowledge will be easy for him because of facing gain and loss situations.


Title: Re: Is it legal for our kids to learn trade?
Post by: suzanne5223 on March 26, 2023, 06:55:31 PM
Although the trading is very risky but one thing should be remember that by tolerating failure and taking risk we can go ahead but if we don't face such situations then how we will learn. I think that you should engage your children in such activities because in few years he will just make experience and will do better by experiencing through gain and loss. If there is nothing to do and you have a firm believe that your child will engage in trading in future then surely its a right time to make his concept clear about trading. He will get some knowledge from you and some knowledge will be easy for him because of facing gain and loss situations.
If we judge by "tolerating failure and taking risks" I don't support kids through crypto trading activities because even an adult barely handle well the failure and risks of cryptocurrency trading.
It is better to make the kids participate in other aspects of the crypto market until when they will be ready and get a better understanding of trading within 1-3 months shouldn't be a problem when they are ready since they are already into crypto.


Title: Re: Is it legal for our kids to learn trade?
Post by: Alphakilo on March 27, 2023, 06:18:36 AM
Early age trading to me is a fantastic idea. I personally welcome the idea most especially if the kid is wise enough to learn the strategy step by step. A child of 15years who is eager to learn trading should be allowed to do so because before he turns 25 to 30 years he would be doing so well in trading.
But you have to make the kid understand the other side of trading which is the disadvantaves of trading so that he will be aware of some ofthe trading consequences so as he grows he will learn a trading strategy that will work perfectly for him or her.


Title: Re: Is it legal for our kids to learn trade?
Post by: xSkylarx on March 27, 2023, 06:53:26 AM
Early age trading to me is a fantastic idea. I personally welcome the idea most especially if the kid is wise enough to learn the strategy step by step. A child of 15years who is eager to learn trading should be allowed to do so because before he turns 25 to 30 years he would be doing so well in trading.
But you have to make the kid understand the other side of trading which is the disadvantaves of trading so that he will be aware of some ofthe trading consequences so as he grows he will learn a trading strategy that will work perfectly for him or her.

As long as that kid is willing to take it and not just being forced as not all kid are the same.It is really best to teach them at early age this is like those sports superstars that they already trained their child since early age to love the sports that their parents doing and dominating it so that they could follow the steps of their parents, for sure if that kid you taught would be a better person when he is old enough and understand how the world works.


Title: Re: Is it legal for our kids to learn trade?
Post by: SOKO-DEKE on March 27, 2023, 09:12:00 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

For any child at between range of 10-15years above that is eager to acquire knowledge about trading I don't see anything that is wrong about that, sofar the child just want to learn not to trade, the idea is okay. If such age can start learning basic things about trading I believe before clocking 18years he/she could have acquire more than enough knowledge and that will be a great help for he/she. But the only thing is that trading is risky and it will be too risky for child to involve in trading  at that age below 18 years,so let not give any child below 18 years money to trade, infact money expose child to some dangerous things.


Title: Re: Is it legal for our kids to learn trade?
Post by: Inwestour on March 27, 2023, 09:26:30 AM
For any child at between range of 10-15years above that is eager to acquire knowledge about trading I don't see anything that is wrong about that, sofar the child just want to learn not to trade, the idea is okay. If such age can start learning basic things about trading I believe before clocking 18years he/she could have acquire more than enough knowledge and that will be a great help for he/she. But the only thing is that trading is risky and it will be too risky for child to involve in trading  at that age below 18 years,so let not give any child below 18 years money to trade, infact money expose child to some dangerous things.
This is too complex a question and I am rather inclined to believe that we can keep children away from such complex activities at an early age. I understand that if he wants to, he will still be engaged in trading, but we can control this at an early stage and explain all the risks.

You can give him money, he will most likely lose it, this will not be a problem, the main thing is how he will perceive it, how mentally he will be ready for it.


Title: Re: Is it legal for our kids to learn trade?
Post by: TopTort777 on March 27, 2023, 09:30:48 AM
OP - you are weird. A kid wants to learn, get new experience and you see a problem in it. It is better to learn now, because in future that kid wont have time for that. That kid should learn the value of money and responsibility today, not when he will be 30 y.o.

My kid is still very young, I would say a very trustful. I let my kid to go to the market and buy fruits she want. I must stress that the market is not a shop. There, seller can easily scam with products weight, quality, dont give change money. My kid only know how to add prime numbers so far. Never been scammed so far. So the sooner the kids know how to trade, what is money and etc, the better it will be.


Title: Re: Is it legal for our kids to learn trade?
Post by: inthelongrun on March 27, 2023, 09:35:30 AM
No one is stopping anyone from learning how to trade. The issue however is opening an account to an exchange since I assume they are not allowing minors to do that. But secretly, anyone that is not a minor can open a trading account to be utilized by the minor.

But first things first, trading is not a walk in the park. To test the ability of your kid, why not create a demo account and let him use it and see if he is indeed willing to undergo the vast lessons to be learned in the world of trading. Challenge him to profit using a demo account. And if he is indeed profitable then you can provide him a real account but just start with small amounts like a hundred dollars.


Title: Re: Is it legal for our kids to learn trade?
Post by: GiftedMAN on March 27, 2023, 05:13:18 PM
First off, how well does the child know financial education? A child of 10-15 years of age isn't a baby anymore and I believe before he or she developed interest in trading he or she must have watched you several times and it is based on the understanding he has that makes him want's to venture into trading I believe that's why he wants you to teach him.

I see no wrong if you teach him how to trade but you need to take permission from his parents so you don't end up being a bad friend to them and try not to encourage the child to start trading with money a demo account can be created for such kid for a start so that when he's of age to having money he can start trading officially then he will have a very good experience and he would not make mistakes again.


Title: Re: Is it legal for our kids to learn trade?
Post by: Dragonfund on March 27, 2023, 08:56:29 PM
Although the trading is very risky but one thing should be remember that by tolerating failure and taking risk we can go ahead but if we don't face such situations then how we will learn. I think that you should engage your children in such activities because in few years he will just make experience and will do better by experiencing through gain and loss. If there is nothing to do and you have a firm believe that your child will engage in trading in future then surely its a right time to make his concept clear about trading. He will get some knowledge from you and some knowledge will be easy for him because of facing gain and loss situations.

It is a good idea but the age of the children is very essential before exposing the children to all this kind of financial instruments, if they are below 13, I will teach them on paper and the knowledge they need as a foundation and when they come of age like 18+, I will teach them the main trading that will have to do with real money because I will want my kids not to be expose to money at earlier stage of their life. Children are very smart that when they becomes expose to money, they would probably not want to be interested in anything again except money and money.


Title: Re: Is it legal for our kids to learn trade?
Post by: awik p on March 27, 2023, 09:33:49 PM
Although the trading is very risky but one thing should be remember that by tolerating failure and taking risk we can go ahead but if we don't face such situations then how we will learn. I think that you should engage your children in such activities because in few years he will just make experience and will do better by experiencing through gain and loss. If there is nothing to do and you have a firm believe that your child will engage in trading in future then surely its a right time to make his concept clear about trading. He will get some knowledge from you and some knowledge will be easy for him because of facing gain and loss situations.

It is a good idea but the age of the children is very essential before exposing the children to all this kind of financial instruments, if they are below 13, I will teach them on paper and the knowledge they need as a foundation and when they come of age like 18+, I will teach them the main trading that will have to do with real money because I will want my kids not to be expose to money at earlier stage of their life. Children are very smart that when they becomes expose to money, they would probably not want to be interested in anything again except money and money.
children under 18 years old would be better taught theoretical knowledge and discipline, this is related to attitude. whereas if it's been more than 18 years, it means their ego has started to form, so we can train them in real trading. with the experience gained, they will match the theory and be able to take lessons from what they experience, so that later they can trade well


Title: Re: Is it legal for our kids to learn trade?
Post by: Anguwa on March 27, 2023, 10:16:00 PM
Everybody have his choice of training their kids which is a mind question that you will be only to have an answer this question. In my opinion, I will teach them because their age is in the certain age range at which children get things as quick as possible, so teaching them is good idea because in case you wants to leave your savings in the wallet as an old man, if they know how aid Bitcoin transactions, it will be more easier to access


Title: Re: Is it legal for our kids to learn trade?
Post by: Chilwell on March 29, 2023, 10:43:40 AM
Do not encourage him, but if he continues to seek for your help, first start with all the disadvantages of trading, there are real life cases of people that have lost millions to trading and regretted about it, you need to show him all these to let him know where to start and what to avoid.
A child may be eager to learn about trading at this age, unaware that trading is more than just making money. He is correct, but there is more to it. You must be cautious because, at this age, he will have no concept of losing money; all they care about is making money. To add to what you have said, it is important to understand the disadvantages of trading as well as the risks involved. Because the child does not have his or her own money, you must exercise caution to avoid losing your money.

Encourage him and teach him everything he needs to know about trading; a child at this age who is willing to learn trading will be a great Trader, successful Trader, and expert in the future, so just do what is necessary.




Title: Re: Is it legal for our kids to learn trade?
Post by: mvdheuvel1983 on March 31, 2023, 07:16:01 PM
Ain't nothing wrong with teaching kids how to trade. Nothing bad at all imo. The thing that may be wrong would be teaching to make money instead of to get knowledge of proper trading strategies, proper risks management, and other things that can set them up to become great traders in the future if that's the path they choose to follow.


Title: Re: Is it legal for our kids to learn trade?
Post by: sokani on March 31, 2023, 09:22:40 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I don't think it's wise of you or a parent to expose a kid to trading at such young age. Learning trading early is good but at such age could cause more harm than good. Crypto trading is more like gambling and most gambling sites only allow users from 18 and above to use their platform and there's a very good reason for this.


Title: Re: Is it legal for our kids to learn trade?
Post by: stomachgrowls on March 31, 2023, 09:28:32 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I don't think it's wise of you or a parent to expose a kid to trading at such young age. Learning trading early is good but at such age could cause more harm than good. Trading is more like gambling and most gambling sites only allow users from 18 and above to use their platform.
As a parent then i would really just wait for the right time for them to ask about financial aspect or something in related with investment because this is the time on which they are really that curious into something but

of course as a parent then you should be aware on what your kids been dealing with because its likely that they would really be that secretive on whatever they have recently learn.This is why you should really

know on how to timing out in speaking about discussing this thing to your kids on the right time.You wouldnt really be that dumb enough as a parent on explaining things which arent that they do
able to understand specially on their young age.There's always a right time for everything.


Title: Re: Is it legal for our kids to learn trade?
Post by: Unbunplease on March 31, 2023, 10:39:35 PM
As I think kids sooner or later will still want to try their hand at trading, so if you can, it is better to tell them about all the pros and cons, so they will make fewer mistakes if they ever want to trade. Who knows, maybe trading is their calling.


Title: Re: Is it legal for our kids to learn trade?
Post by: DoublerHunter on March 31, 2023, 10:54:54 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I don't think it's wise of you or a parent to expose a kid to trading at such young age. Learning trading early is good but at such age could cause more harm than good. Crypto trading is more like gambling and most gambling sites only allow users from 18 and above to use their platform and there's a very good reason for this.
^ At that young age, any related to financial they should not engage it yet not unless they have a stable job to sustain trading.
Because trading at a young age may not be the best idea, especially when it comes to high-risk trading like crypto trading. Trading requires a level of knowledge and understanding of the market, which may not be easily grasped by younger children. In my own, younger children may not have the emotional maturity and experience to handle possible losses or the consequences of their actions so parents and guardians should encourage children to learn and understand the basics of finance and investment, but it is equally important to ensure that they do so safely and responsibly that takes into account their age and level of understanding.


Title: Re: Is it legal for our kids to learn trade?
Post by: serjent05 on March 31, 2023, 11:04:45 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

There is no law that forbids kids from learning things about trading.  It is that platforms often prohibits a person under 18 years old to do trading.  So I think it is ok to let your children learn about trading.  Even if you wanted them to get involved in trading, I think the platform will deny them because as I stated, most platform terms and conditions only allow 18 years old and up to participate on their trading platform.


Title: Re: Is it legal for our kids to learn trade?
Post by: gunhell16 on March 31, 2023, 11:27:00 PM
It's good to teach our child to do cryptocurrency trading. As it grows familiarize it with what we do or are inclined to it in crypto trading. There's no need to rush children to learn.

It seems that we should gradually make them aware that in this aspect they can see the beauty and help of it in our lives. After all, a centralized requires 18 years old and above to do trading activities, but with a decentralized platform, we can train our children so they can learn. And I don't see any law saying that teaching kids on any trading platform is prohibited for them.


Title: Re: Is it legal for our kids to learn trade?
Post by: goinmerry on March 31, 2023, 11:45:20 PM
It's rare to see kids having an interest in trading. Those technical terms and confusing patterns and numbers won't probably catch a kid's attention.

But if that rare situation happened to kids, then give them serious attention as they likely have the potential to be well-knowledged traders at a young age.

Personally, for me though, I'd rather see my kids enjoying their life as usual kids as involving in trade can wait in the future while they are being matured.


Title: Re: Is it legal for our kids to learn trade?
Post by: qwertyup23 on March 31, 2023, 11:57:47 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

I do think that they are allowed but this must be under the direct and immediate control and supervision of an adult given the nature of trading is.

There are a few questions that came into my mind: does the teenager know how to trade in the first place? Is he/she aware of the circumstances and the risks involve in this kind of venture? Does the teenager have any prior experience in trading? Is he/she also knowledgeable about trading as a whole? etc.

If this were the case, then he/she must still be under the direct control and supervision of someone who is experienced in this field given that they are dealing with something that is potentially dangerous and risky.


Title: Re: Is it legal for our kids to learn trade?
Post by: GazetaBitcoin on April 02, 2023, 04:18:20 PM
I want to know if it right for children that are of 10-15years go in to trade or not

It's a huge difference between what OP wrote here and the question from topic's title ("Is it legal for our kids to learn trade?"). Morality is different from legality.

For sure, it's not illegal to teach a child about finances or trading. However, it may not be wise to. I, for one, would not teach my son about trading at 10-15 years old. There is a proper age for anything in life and it's not good to rush things. Perhaps it would be better to teach him about finances, not about trading.

Learning about money, how to keep them, their value et al are way more important for a child than trading, which is an activity where most of people only lose money.


Title: Re: Is it legal for our kids to learn trade?
Post by: Nrcewker on April 02, 2023, 04:27:19 PM
As I think kids sooner or later will still want to try their hand at trading, so if you can, it is better to tell them about all the pros and cons, so they will make fewer mistakes if they ever want to trade. Who knows, maybe trading is their calling.

There is certain age limit for each and every thing. Yes there are some exceptions, but the ideal age is already decided by filtering all the possibilities. If you go to any trading platform then definitely there is an age limit to trade. The reason for this is that, at 18 years of age, a child understands the responsibilities and sometimes start earning himself also. Trading should be done highly with own money only, so therefore all the trading platform allows only players above 18. You can teach your child about trading, if he is good enough to understand economics. Now when to trade or not and with whose money, completely depends on the parents.


Title: Re: Is it legal for our kids to learn trade?
Post by: Fondarchand on April 02, 2023, 06:03:48 PM
teenager have active mind so they easily pick what they have to learned. There are not limitations of age for the cryptocurrency investment and trading so you can easily give knowledge to your children.

First benefit of telling about this activity to your children is that they will be able of earning money and will help you in managing home's facilities. Other benefit is that he will be familiar with all the things earlier which he have to learn later.

I think that parents should tell about everything which he do for himself because there comes a time when the children have to make money because money is the need of individuals.


Title: Re: Is it legal for our kids to learn trade?
Post by: GazetaBitcoin on April 02, 2023, 06:25:29 PM
There are not limitations of age for the cryptocurrency investment and trading

Actually, there are limitations. Many platforms require the users to be at least 18 years old. Ans such limitations are there for a reason.

First benefit of telling about this activity to your children is that they will be able of earning money and will help you in managing home's facilities.

Are you serious? Would you actually tell your own child to go earn a buck for the family by trading crypto? Is this the way your parents raised you? By telling you while you were a child to go and make some trades at Nasdaq? (Of course, back then there was not any crypto trading but regular trading existed.)

I think that parents should tell about everything which he do for himself because there comes a time when the children have to make money because money is the need of individuals.

This is true, but not at 10-15 years old. Children should be in school at that age, not trading crypto.


Title: Re: Is it legal for our kids to learn trade?
Post by: Sweetbtc on April 06, 2023, 12:17:41 PM
Quote
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

Those who go into business at a young age, if they try their hand at business, the experience at a young age can be a very good teacher for them in the future.But education of children is also very important because education is what teaches a person everything. Because education in every field gives a lot of benefits because one who does not have education cannot be successful in every field.My own wish is that my children should become experts in trading. But if the attention of children goes towards trading, it can have a bad effect on their education. In my opinion, there is no problem if basic information of reading is also given along with education.It can be a good strategy if you set aside some time in the day to expose them only to trading.But the main focus should be on education.


Title: Re: Is it legal for our kids to learn trade?
Post by: MFahad on April 14, 2023, 05:40:23 PM
In my opinion willingness and eagerness matters a lot so when he is interested in trading so there is no reason to stop him from doing so because he is not a kid now as he know that what is trading. At start everyone has difficulties it does not mean that we should avoid that successful path but we have to understand that these difficulties will make a way to a successful destination. You should give him a lesson about trading and tell him about the risk and how to manage the risk, how to take decision when the market is unfavorable so he will understand the thing easily. And also remember that one cannot make quick income but with the passage of time he will slowly start earning.


Title: Re: Is it legal for our kids to learn trade?
Post by: LUCKMCFLY on April 23, 2023, 05:11:29 PM
It is very difficult for an adolescent to start working at that age, if it is probable, but those who are parents should tell them and make them choose, first that they study, and if they do not want to study they are told that they must work, the trades range from that even a sport, to keep their minds busy and not give them time to invent things that are not convenient, therefore what should be done here is to train an adolescent by letting them know what they must learn to defend themselves, for example a business school, that they learn about accounting, that they learn about business, I think that this is the best teaching for them to defend themselves much better in life, and if they know about that, it is easy for them to learn about market speculation and the investment.


Title: Re: Is it legal for our kids to learn trade?
Post by: JayTrain on April 23, 2023, 07:37:08 PM
It's important to consider the risks and potential consequences before allowing children to get involved in trading. While trading can be a potentially lucrative endeavor, it requires a certain level of knowledge and experience to be successful. Children at such a young age may not fully understand the complexities of trading and may be more susceptible to making impulsive decisions that could lead to losses. It's important to encourage children to pursue their interests, but it's also important to ensure that they are mature enough to handle the responsibility and risk that comes with trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: Inwestour on April 24, 2023, 07:31:59 AM

There is certain age limit for each and every thing. Yes there are some exceptions, but the ideal age is already decided by filtering all the possibilities. If you go to any trading platform then definitely there is an age limit to trade. The reason for this is that, at 18 years of age, a child understands the responsibilities and sometimes start earning himself also. Trading should be done highly with own money only, so therefore all the trading platform allows only players above 18. You can teach your child about trading, if he is good enough to understand economics. Now when to trade or not and with whose money, completely depends on the parents.
A child can think about earning money before the age of 18, I think it's good when a teenager has a desire to earn money. But at this age, it should be a simple and understandable job for him, without the risk of losing all the money, since in trading this is likely to happen at first.

As for trading, I agree here, it should be done only after reaching the age of majority and with a mandatory understanding of the essence of this activity. To have an understanding of all risks and all responsibility. I would like to protect my children from such great stress, especially at a young age, and would try to explain how difficult this is.


Title: Re: Is it legal for our kids to learn trade?
Post by: bakasabo on April 24, 2023, 07:43:51 AM
At first try to stop comparing your childhood and current kids childhood. We are completely different. Kids in our generation were more creative, current generation kids are very digitalized. As soon as they learn basics of math, most of them become basic good traders. As an example - try to buy p2p something from a kids in modern games like Minecraft, Roblox, from steam and etc. Even though you think you had a good deal, the kid will close that deal with profit. They are very creative. They have sort of a bettor processor. We have knowledge and experience, they have multiple core processors. They learn fast.

I am not trying to say that we should put kids in front of multiple screens with graph and teach them how to read them and trade like a professional, but just by letting them sit nearby, they can learn from yourself. I would let them watch, give suggestion, ask what they would do in that situation and etc (but final decision still would be mine). And it is better that I will teach them to trade, not a "successful trader or influencer from tik-tok/instagram/facebook, who sell his 1-day trading course of becoming a successful trader".


Title: Re: Is it legal for our kids to learn trade?
Post by: Twentyonepaylots on April 24, 2023, 09:28:50 AM

There is certain age limit for each and every thing. Yes there are some exceptions, but the ideal age is already decided by filtering all the possibilities. If you go to any trading platform then definitely there is an age limit to trade. The reason for this is that, at 18 years of age, a child understands the responsibilities and sometimes start earning himself also. Trading should be done highly with own money only, so therefore all the trading platform allows only players above 18. You can teach your child about trading, if he is good enough to understand economics. Now when to trade or not and with whose money, completely depends on the parents.
A child can think about earning money before the age of 18, I think it's good when a teenager has a desire to earn money. But at this age, it should be a simple and understandable job for him, without the risk of losing all the money, since in trading this is likely to happen at first.

As for trading, I agree here, it should be done only after reaching the age of majority and with a mandatory understanding of the essence of this activity. To have an understanding of all risks and all responsibility. I would like to protect my children from such great stress, especially at a young age, and would try to explain how difficult this is.

Indeed, it is a good thing that they take interest in these things, but I think it is much better if they would engage in it using real money in the age where it is legal to do which is mostly 16-18 years old. Majority of trading platforms have limits on age so it would be hard for them to really use a platform to perform trading. Although there are some custodial accounts, it is better at least for them to wait until they reach a certain age to trade. I think at this age they can be able to fully understand the technicalities of it and know the risks that is associated with it. In this way, they can have a more subjective decisions on their own money on these types of risky activities.


Title: Re: Is it legal for our kids to learn trade?
Post by: Awraawra on April 24, 2023, 09:37:48 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Too risky for that age to enter in trading its not good to for them too. Tell to him to focus now on his study and tell him that their is a right time and right age to learn in trading.
Trade is like a gamble they can lose or they can win so it's easy in that age to trade.


Title: Re: Is it legal for our kids to learn trade?
Post by: Inwestour on April 24, 2023, 12:13:45 PM
Indeed, it is a good thing that they take interest in these things, but I think it is much better if they would engage in it using real money in the age where it is legal to do which is mostly 16-18 years old. Majority of trading platforms have limits on age so it would be hard for them to really use a platform to perform trading. Although there are some custodial accounts, it is better at least for them to wait until they reach a certain age to trade. I think at this age they can be able to fully understand the technicalities of it and know the risks that is associated with it. In this way, they can have a more subjective decisions on their own money on these types of risky activities.
By the way, yes, this is an important point, the trade must be on his own money, and not those that are given by parents, and for this child need to have some kind of work, not even a permanent one. He can also try to do this with pocket money that the child collects, but this does not change the essence, it should be the child’s personal money, then he will be more aware of their value and will understand the responsibility if it happens that he loses them.


Title: Re: Is it legal for our kids to learn trade?
Post by: xSkylarx on April 24, 2023, 12:34:13 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
Too risky for that age to enter in trading its not good to for them too. Tell to him to focus now on his study and tell him that their is a right time and right age to learn in trading.
Trade is like a gamble they can lose or they can win so it's easy in that age to trade.

14–15 is better, like they are financially aware, like they are just playing, so for sure by the time they get to 18, they are already earning. I've seen a documentary about a trader that starts at 16 and now is 19 and is earning a pretty huge amount, but that kid just got curious about trading and made fun of it, but turns out he is successful at it.


Title: Re: Is it legal for our kids to learn trade?
Post by: Inspiron14 on April 24, 2023, 05:36:15 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
there are no obstacles for everyone to trade, even a 10 year old child if you can already trade crypto then please trade,
I have a 12 year old brother and I have taught him to trade, until now I am grateful he can get what he wants.


Title: Re: Is it legal for our kids to learn trade?
Post by: rhodelmabanal on April 24, 2023, 08:50:53 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I think this is very risky idea, you know children's needs to play or study they need to enjoy life being a children not a trader or not to work for money, they have a guardian to provide thier daily needs and they need to go to school to learn, it means they are still in the stage of learning or thier mind is not prudent enough to do trading works. So for me it is a no maybe if they are 17 to 18 years old they can start trading but if they are still 12 to 14 years old that is still very risky to let them trade.


Title: Re: Is it legal for our kids to learn trade?
Post by: Faisal2202 on April 24, 2023, 10:54:42 PM
but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help?
14 years are less, i think you should wait for him to be around 18. Because money is not everything, he should enjoy his life but if his enjoyment is in learning trading then i think only teaching him/her will be a good idea like you can make him Demo accounts or teach him backtesting trading. But for both, he needs, great knowledge of trading fundamentals, and i was at that kid place and my enjoyment is in learning trading from a person (you) which i don't know-how is in trading, but if you are good, then i think i will become rich around 25 because until then, i will be a pro trader and memory is quite remarkable i early age so that's a good age to teach some kid trading.

But you should have to give him moral lessons like, the use of money, how to control sentiments, and how to control your behaviors along the market behavior so that your loved ones do not be affected by you. And you also have to teach him money is not everything, etc., etc. But that's a good opportunity for a kid to learn to trade because if i were given a chance i will take it (eager to learn it) just like that kid.

Advice for you, please do not spoil the kid if you are going to teach him, because it depends on you, how you reshape his mind. And be polite and make the learning process fun for kids. Plus if you still afraid to teach him then simply ask his parents first if they allow you to then proceed.


Title: Re: Is it legal for our kids to learn trade?
Post by: bakasabo on April 25, 2023, 07:14:34 AM
but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help?
14 years are less, i think you should wait for him to be around 18. Because money is not everything, he should enjoy his life but if his enjoyment is in learning trading then i think only teaching him/her will be a good idea like you can make him Demo accounts or teach him backtesting trading. But for both, he needs, great knowledge of trading fundamentals, and i was at that kid place and my enjoyment is in learning trading from a person (you) which i don't know-how is in trading, but if you are good, then i think i will become rich around 25 because until then, i will be a pro trader and memory is quite remarkable i early age so that's a good age to teach some kid trading.

18 is the age when a kid is no longer a kid. In some countries starting from 18, a person is able to buy alcohol, smoke and gamble. In some countries it is allowed for 14 year old kids to trade and operate with money. In some countries, parents, when their kids becomes 18, release them to adult life (basically kids leave parents houses by themselves and start their own life). And you suggest that kids should "be around till 18".

I think you and we should let kids be more independent. Otherwise we will get society, when kids live with their parents and on parents expense till they are 30. Even at 14 the kid is no longer a kid. And with access to the internet, they grown up much faster. Even at school they are taught logical thinking and importance of money. 14 is a good age for kid to start learning to trade, invest. I see nothing bad if kids looses all of his money at that age from bad investment. It is better to do mistake when you are young, learn from that and dont repeat that, than do that mistake at 30.


Title: Re: Is it legal for our kids to learn trade?
Post by: knowngunman on April 25, 2023, 07:38:14 AM
I think you and we should let kids be more independent. Otherwise we will get society, when kids live with their parents and on parents expense till they are 30. Even at 14 the kid is no longer a kid. And with access to the internet, they grown up much faster. Even at school they are taught logical thinking and importance of money. 14 is a good age for kid to start learning to trade, invest. I see nothing bad if kids looses all of his money at that age from bad investment. It is better to do mistake when you are young, learn from that and dont repeat that, than do that mistake at 30.
At first, you were making some convincing points despite the fact that I will not subscribe to your ideas but reading down your comment to emboldened render your whole points questionable. As an adult, how do you feel loosing some part of your wealth to gambling, trading or investments? Bold of you to think that teens can withstand and control their emotions when they loose their money at such age. Where do you expect them to start from? With this particular opinion, don't be surprised when you see underage children engaging in all sort of social vices or even committing suicide because you see nothing wrong loosing money at that age.

Children at the age of 10, 15 to 18 are not suppose to be independent and live by their idea but rather at the guidance of their parents or guardians. If you want to teach them trading at that age then it should be strictly monitored and with demo account. We know technology is advancing and open the eyes of our children already but exposing them to too much internet and money related things at such each corrupt them and cause them more harm than good.


Title: Re: Is it legal for our kids to learn trade?
Post by: Lorence.xD on April 25, 2023, 07:39:54 AM

I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

I think this is very risky idea, you know children's needs to play or study they need to enjoy life being a children not a trader or not to work for money, they have a guardian to provide thier daily needs and they need to go to school to learn, it means they are still in the stage of learning or thier mind is not prudent enough to do trading works. So for me it is a no maybe if they are 17 to 18 years old they can start trading but if they are still 12 to 14 years old that is still very risky to let them trade.

That's right kids should enjoy their childhood to the fullest. If they are too curious and eager to learn what we are doing you could teach them the basics. They are not obligated to study trading it's still up to them. There's a lot of smart kids that can learn it without us saying or introducing trading as I learn only from myself. But trading doesn't only aim to knowledge itself, kids that ain't 18 yet for sure still haven't build up their decision making and emotional stability which is included in trading. Knowledge itself won't do if your thinking skills and emotion are immature enough for you to lose your funds.


Title: Re: Is it legal for our kids to learn trade?
Post by: bakasabo on April 25, 2023, 08:16:10 AM
I think you and we should let kids be more independent. Otherwise we will get society, when kids live with their parents and on parents expense till they are 30. Even at 14 the kid is no longer a kid. And with access to the internet, they grown up much faster. Even at school they are taught logical thinking and importance of money. 14 is a good age for kid to start learning to trade, invest. I see nothing bad if kids looses all of his money at that age from bad investment. It is better to do mistake when you are young, learn from that and dont repeat that, than do that mistake at 30.
At first, you were making some convincing points despite the fact that I will not subscribe to your ideas but reading down your comment to emboldened render your whole points questionable. As an adult, how do you feel loosing some part of your wealth to gambling, trading or investments? Bold of you to think that teens can withstand and control their emotions when they loose their money at such age. Where do you expect them to start from? With this particular opinion, don't be surprised when you see underage children engaging in all sort of social vices or even committing suicide because you see nothing wrong loosing money at that age.

As an adult I have less time to recover from bad trading or investment, as well as I can lose greatly more than a kid who can lose lunch money/Birthday gift money/Christmas gift money. At 40+ when you lose all of your money, have credit and mortgage, it is harder to recover compared to when you are 14, your whole life is still ahead and you live with parents and dont bother about food and bills.

P.S. If a kid commit a suicide due to money, then money wasnt the real reason, but this is due to unformed psyche and emotions. And as a parent I must be there to help him. If an adult commits a suicide, then this is doubtfully due to puberty period and ended relationships. Adults are already formed personalities. If they are up to commit a suicide, there must be a real reason for that.
P.P.S. If your kid is to commit a suicide due to loss in trade or to about to commit a crime, there is nothing to do with emotions, that only shows that you have failed as a parent.

Children at the age of 10, 15 to 18 are not suppose to be independent and live by their idea but rather at the guidance of their parents or guardians. If you want to teach them trading at that age then it should be strictly monitored and with demo account. We know technology is advancing and open the eyes of our children already but exposing them to too much internet and money related things at such each corrupt them and cause them more harm than good.

Since you have put my post under question, then at what age you think children should learn to trade? At 18 ? At 18 you are already an adult. I am not saying that you should sit a 5 year old kid in from of a PC, open a Binance and let him do trades. But modern kids at age of 10+ already know that cost of money, its power. How do you think they try to raise money for new up-to-date mobile phone then? By trading.

Demo accounts are useless. Most exchange UI is so primitive, that it takes less than 5 minutes to figure out which button is responsible for and how everything works. Using demo accounts to learn how to trade is wrong. Because with demo accounts you either trade with profit, or always can create a new account in case of a loss. That teaches nothing. You can get new account full of money when you are broke in real life.

P.S. Do you have kids? Have you ever tried to limit what they watch on YouTube? Specially when they socialize with other kids? Banning content does now work, because everything can be downloaded and reuploaded.


Title: Re: Is it legal for our kids to learn trade?
Post by: Othellobit on April 25, 2023, 04:23:15 PM
I think you and we should let kids be more independent. Otherwise we will get society, when kids live with their parents and on parents expense till they are 30. Even at 14 the kid is no longer a kid. And with access to the internet, they grown up much faster. Even at school they are taught logical thinking and importance of money. 14 is a good age for kid to start learning to trade, invest. I see nothing bad if kids looses all of his money at that age from bad investment. It is better to do mistake when you are young, learn from that and dont repeat that, than do that mistake at 30.
At first, you were making some convincing points despite the fact that I will not subscribe to your ideas but reading down your comment to emboldened render your whole points questionable. As an adult, how do you feel loosing some part of your wealth to gambling, trading or investments? Bold of you to think that teens can withstand and control their emotions when they loose their money at such age. Where do you expect them to start from? With this particular opinion, don't be surprised when you see underage children engaging in all sort of social vices or even committing suicide because you see nothing wrong loosing money at that age.

As an adult I have less time to recover from bad trading or investment, as well as I can lose greatly more than a kid who can lose lunch money/Birthday gift money/Christmas gift money. At 40+ when you lose all of your money, have credit and mortgage, it is harder to recover compared to when you are 14, your whole life is still ahead and you live with parents and dont bother about food and bills.

P.S. If a kid commit a suicide due to money, then money wasnt the real reason, but this is due to unformed psyche and emotions. And as a parent I must be there to help him. If an adult commits a suicide, then this is doubtfully due to puberty period and ended relationships. Adults are already formed personalities. If they are up to commit a suicide, there must be a real reason for that.
P.P.S. If your kid is to commit a suicide due to loss in trade or to about to commit a crime, there is nothing to do with emotions, that only shows that you have failed as a parent.

Children at the age of 10, 15 to 18 are not suppose to be independent and live by their idea but rather at the guidance of their parents or guardians. If you want to teach them trading at that age then it should be strictly monitored and with demo account. We know technology is advancing and open the eyes of our children already but exposing them to too much internet and money related things at such each corrupt them and cause them more harm than good.

Since you have put my post under question, then at what age you think children should learn to trade? At 18 ? At 18 you are already an adult. I am not saying that you should sit a 5 year old kid in from of a PC, open a Binance and let him do trades. But modern kids at age of 10+ already know that cost of money, its power. How do you think they try to raise money for new up-to-date mobile phone then? By trading.

Demo accounts are useless. Most exchange UI is so primitive, that it takes less than 5 minutes to figure out which button is responsible for and how everything works. Using demo accounts to learn how to trade is wrong. Because with demo accounts you either trade with profit, or always can create a new account in case of a loss. That teaches nothing. You can get new account full of money when you are broke in real life.

P.S. Do you have kids? Have you ever tried to limit what they watch on YouTube? Especially when they socialize with other kids? Banning content does now work because everything can be downloaded and reuploaded.

Kids spend many moments attending to what is not helpful to them.  I have seen a 6-year-old kid raise a topic of a fellow kid she is in love with. This is all a result of freedom and exposure to the wrong areas of technology and the internet. I don't see any risk in Exposing a kid to trading at age 5 while giving that child proper guidance. If a child of age 5 is exposed to trading, Before such a child could grow to age 20 (under a good tutor)  he or she will be acquainted with the risk involved and will be better than some who come into the trading system newly.  In life, whatever we graze our kids with that is what they grow to enjoy.


Title: Re: Is it legal for our kids to learn trade?
Post by: kawetsriyanto on April 25, 2023, 09:47:25 PM
In the age of 10-15 like in trading is not good for anyone. Beacuse he has not good knowledge about crypto. He can learn about crypto but not to invest it. He can also do or run a demo account or false account to learn how to trade.
Kids with age 10-15 years old, better to know something general about crypto. It is too early if we learn them trading or investing in crypto. I prefer to learn my kids when they are already 18+ years old. Investing or trading isn't something easy to do, it requires sufficient knowledge and it has risks. I can't imagine if 10-15 years old kids begin to trade or invest at that age. I assume they only spend money without getting anything at that age.



Title: Re: Is it legal for our kids to learn trade?
Post by: bakasabo on April 26, 2023, 07:30:19 AM
In the age of 10-15 like in trading is not good for anyone. Beacuse he has not good knowledge about crypto. He can learn about crypto but not to invest it. He can also do or run a demo account or false account to learn how to trade.
Kids with age 10-15 years old, better to know something general about crypto. It is too early if we learn them trading or investing in crypto. I prefer to learn my kids when they are already 18+ years old. Investing or trading isn't something easy to do, it requires sufficient knowledge and it has risks. I can't imagine if 10-15 years old kids begin to trade or invest at that age. I assume they only spend money without getting anything at that age.

You know, about 20-30 years ago, when I was attending school, I used to trade badges, playing cards, milk caps (https://en.wikipedia.org/wiki/Milk_caps_(game)), lego and etc. No money were involved, however we somehow new value of each item, its rarity and exchange rate. All that can be called, that we have done DYOR about each item, and knew how to trade them with profit. Nowadays kids dont involve much with such items, but they are good at trading steam skins, games, game keys and etc. They also know what is valuable and what will be in demand in future (cs:go skins and cases).

If they are so experienced in those things at age of 10+, just theoretically, why cant we replace game skins and items with crypto? Then it looks like they are doing same trading as we do here. So I see nothing bad in allowing them to learn to trade. And I completely dont understand people who suggest to completely forbid them to learn to trade because «they are too young».


Title: Re: Is it legal for our kids to learn trade?
Post by: Quidat on April 26, 2023, 09:25:59 PM
In the age of 10-15 like in trading is not good for anyone. Beacuse he has not good knowledge about crypto. He can learn about crypto but not to invest it. He can also do or run a demo account or false account to learn how to trade.
Kids with age 10-15 years old, better to know something general about crypto. It is too early if we learn them trading or investing in crypto. I prefer to learn my kids when they are already 18+ years old. Investing or trading isn't something easy to do, it requires sufficient knowledge and it has risks. I can't imagine if 10-15 years old kids begin to trade or invest at that age. I assume they only spend money without getting anything at that age.
There's always a perfect time on when you would be teaching up your children about it, just dont make yourself in a hurry and yes, the younger the better but we know that there are things which cant
be easily be digest up by someones mind specially if their learning and awareness on things arent really that still enough for them to be capable on processing anything on what they've been taught.
You would really be able to find and spot for yourself on teaching them on that appropriate time.For now lets just not really be rushing up for this thing.
Time will come on which they would be needing up things to be learnt.

I believe that financial literacy will definitely not be superfluous. People should be prepared for real life, and not rely on mythical training.
As a parent or guardian who is really that aware on how this economic situations do plays out then we arent that dumb and blind not to teach up things  which it would really be
beneficial for our children. We are aware on whats going on and its just right that you should teach them on what are the things that should be needed up to be told.


Title: Re: Is it legal for our kids to learn trade?
Post by: Fivestar4everMVP on April 27, 2023, 12:23:43 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
At this age, even if they are going to possibly verify their trading account wit the document of an older relative, I think their brain is not well developed and ready to handle the technicalities and stress that comes/goes with trading..
But I believe it is a good time for them start learning by the way, and learning does not mean they should start trading with real money, open a demo trading account for them(if they are more than one), with a visual $100 each and allow them to start playing with that,  check their progress with the trading every week to see how they are fairing, even if they are doing fine, don't be in a hurry to move them over to a live trading account, allow them to trade demo until they turn 18 or more, if they take the demo trading serious, they could become real professional traders by the time they are set to start trading live.


Title: Re: Is it legal for our kids to learn trade?
Post by: jeraldskie11 on April 27, 2023, 01:39:46 PM
In the age of 10-15 like in trading is not good for anyone. Beacuse he has not good knowledge about crypto. He can learn about crypto but not to invest it. He can also do or run a demo account or false account to learn how to trade.
Kids with age 10-15 years old, better to know something general about crypto. It is too early if we learn them trading or investing in crypto. I prefer to learn my kids when they are already 18+ years old. Investing or trading isn't something easy to do, it requires sufficient knowledge and it has risks. I can't imagine if 10-15 years old kids begin to trade or invest at that age. I assume they only spend money without getting anything at that age.


I believe it is extremely possible to teach a child to trade. Because they don't have to think about anything else, children can understand trading more readily. But we can only guide them because trading is really dangerous. As a result, doing live trading right away is not optimal. If you wish to wait until your child reaches the legal age to open a live account, instruct him now so that he is ready when the time comes.

I said this because I have an uncle who is a trader and is currently teaching his son how to trade. However, he claims that his kid is even better at market analysis. It's comforting to know that if you're not successful in trading, your child might be.


Title: Re: Is it legal for our kids to learn trade?
Post by: martyns on April 27, 2023, 02:54:59 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
At this age, even if they are going to possibly verify their trading account wit the document of an older relative, I think their brain is not well developed and ready to handle the technicalities and stress that comes/goes with trading..
But I believe it is a good time for them start learning by the way, and learning does not mean they should start trading with real money, open a demo trading account for them(if they are more than one), with a visual $100 each and allow them to start playing with that,  check their progress with the trading every week to see how they are fairing, even if they are doing fine, don't be in a hurry to move them over to a live trading account, allow them to trade demo until they turn 18 or more, if they take the demo trading serious, they could become real professional traders by the time they are set to start trading live.
This idea is indeed good,but I think children between  8-14 are not supposed to start or engage in anything that has to do with trading at that age because I think if they should start it, addiction is real,and by that age range,they will definitely be losing,whether it's a demo or it's a live trading,the actual age that I think it's suitable for them is 18 and above,atleast at that age,they know what to do with the money they have,and they will also have feelings when they lose money,which will make them think twice while trading.It will push them into researching and looking for ways to get to know how the market operates.They will also learn the different strategies involved in trading at that age.


Title: Re: Is it legal for our kids to learn trade?
Post by: Aanuoluwatofunmi on April 27, 2023, 04:29:49 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

There's nothing bad in teaching children trading and especially the preliminary aspect of it, this will helped them in understanding the trading patterns right from early stage before they are fully grown to partake in trading on real time, but it will be difficult to let them begin trading because of the risk associated with it and their age limit to understand how things should be properly done in trading, there are materials or learning aids that can be introduced to them as well serving as demo trading account to help build a strong beginning while learning.


Title: Re: Is it legal for our kids to learn trade?
Post by: Forever101 on April 27, 2023, 05:52:12 PM
Putting the mental and emotional capacity into consideration, To me, it's a no. There is only one way to go about it. If there is an application that can be created that can help children learn by engaging in 'practice trade' that can help them get experience without having to put any of their money. Let's take for an example; a platform is created, such that younger people can sign up with wallet filled with trading assets which they can use as practice, this will look more like a real Investing Platform however, deposit and withdrawer will not be possible. This is mainly for learning and exposing one to the trading environment and what to expect. This will build their mental and emotional strength over the years of practice.


Title: Re: Is it legal for our kids to learn trade?
Post by: Hamphser on April 27, 2023, 07:08:56 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
At this age, even if they are going to possibly verify their trading account wit the document of an older relative, I think their brain is not well developed and ready to handle the technicalities and stress that comes/goes with trading..
But I believe it is a good time for them start learning by the way, and learning does not mean they should start trading with real money, open a demo trading account for them(if they are more than one), with a visual $100 each and allow them to start playing with that,  check their progress with the trading every week to see how they are fairing, even if they are doing fine, don't be in a hurry to move them over to a live trading account, allow them to trade demo until they turn 18 or more, if they take the demo trading serious, they could become real professional traders by the time they are set to start trading live.
This idea is indeed good,but I think children between  8-14 are not supposed to start or engage in anything that has to do with trading at that age because I think if they should start it, addiction is real,and by that age range,they will definitely be losing,whether it's a demo or it's a live trading,the actual age that I think it's suitable for them is 18 and above,atleast at that age,they know what to do with the money they have,and they will also have feelings when they lose money,which will make them think twice while trading.It will push them into researching and looking for ways to get to know how the market operates.They will also learn the different strategies involved in trading at that age.
We shouldnt really force them out because it would really be that something thats too much for them if we do really force out on teaching them specially that they are still young for them to learn about finances

which we know that it would really be better that they should really be cherishing out their childhood rather than on focusing about financially literacy or whatsoever that it is really that connected to it.It would most likely be turning out on something that would really be that stressful if ever you would really be that forcing them to learn which it is still early or out of their interest.

The only time that you would be considering on doing so, is on the time that they would be asking about it or they do show off some hints that they are really into it.
This is where you would be sitting in and would be explaining things gradually and not on a rushed manner.


Title: Re: Is it legal for our kids to learn trade?
Post by: Unbunplease on April 27, 2023, 11:57:35 PM
It is necessary to study trading as early as possible, because it is one of the ways to earn money remotely. At the same time successful trading can give a certain independence. Of course, when trading you should take into account possible risks and try to minimize them. There is risk everywhere, so financial literacy will help you to earn


Title: Re: Is it legal for our kids to learn trade?
Post by: omgitsmehehe on April 28, 2023, 06:48:03 AM
It is necessary to study trading as early as possible, because it is one of the ways to earn money remotely. At the same time successful trading can give a certain independence. Of course, when trading you should take into account possible risks and try to minimize them. There is risk everywhere, so financial literacy will help you to earn
Trading aides an individual to be independent and be able to provide for his or her needs without external help from anybody. Easy money comes from trading. Trading is very necessary to be understandable because it earned god significant figures foe traders. For our kids to be conversant with trading, it's very important because they'll grow up with it and by the time of 18-20, they're already pro traders. Gathering experience at a very tender age will triggered good profits.


Title: Re: Is it legal for our kids to learn trade?
Post by: 2double0 on April 28, 2023, 07:45:55 AM
No, never.
A child should never get into trading and even gambling till he becomes 18 or 21 (whatever age is considered legal in your country). This is because they are into their learning stage and with trading, comes greed and fear which will cause huge trauma on the mind of a child that he will not be able to get out of its effects and may also not consider studying ahead in his life. These effects will remain lifelong on his mind and he may not be able to get out of the addiction that he may address once he gets into it.


Title: Re: Is it legal for our kids to learn trade?
Post by: Rockstarguy on April 28, 2023, 11:13:53 AM
It is necessary to study trading as early as possible, because it is one of the ways to earn money remotely. At the same time successful trading can give a certain independence. Of course, when trading you should take into account possible risks and try to minimize them. There is risk everywhere, so financial literacy will help you to earn
Trading aides an individual to be independent and be able to provide for his or her needs without external help from anybody. Easy money comes from trading. Trading is very necessary to be understandable because it earned god significant figures foe traders. For our kids to be conversant with trading, it's very important because they'll grow up with it and by the time of 18-20, they're already pro traders. Gathering experience at a very tender age will triggered good profits.
Trading in the early age of children is not a bad one,  I'm sure by this stage they might have gotten the knowledge they need in trading before going into trading with money fully. Learning trading early as a kid is a privilege,  this is when one has the time to get every information without being in a haste to make money. Learning trading at early stage will only make sense to children that found trading to be interesting,  I don't think this will be okay for every child at early age because children are not the same in reasoning , some kids reasons so maturely which trading will be very interesting for them to learn.


Title: Re: Is it legal for our kids to learn trade?
Post by: cydrix on April 28, 2023, 04:20:54 PM
I truly wanted to work with students who had such enthusiasm and passion. In actuality, they are not too young to understand concepts from what we have taught them, despite what they may believe. The concept was fine as long as it was simply for learning how to trade; however, if actual trading and the creation of an account are required, there may be a problem, especially if KYC is required. I am aware that some exchanges don't require KYC, giving users a chance to practice and engage in trading. Start with a minimal amount and stick to that limit until they are ready to take on larger responsibilities, just like we would normally do.


Title: Re: Is it legal for our kids to learn trade?
Post by: Bobrox on April 28, 2023, 05:24:57 PM
Based on exchange market term of service all user have been over 18 years old and seems illegal when your children under this age active trading in bitcoin or altcoin. But its not important because our children can trade on dapp exchange but its seems impossible for them withdrawing cryptocurrency assets trough their own exchange account because can't pass with KYC procedure. Its not problem for children trading in cryptocurrency if can manage well with risk and has chance for getting profit.

But seems difficult to created an exchange account if there are required for withdrawing fund if under 18 years old, but you can helped your children withdrawing assets under your exchange account.


Title: Re: Is it legal for our kids to learn trade?
Post by: AnonBitCoiner on April 28, 2023, 06:54:27 PM
Will children be interested in learning the trade? I hope what you say that your friend's child is interested in trading is not a lie, I don't think children will be interested in trading activities and even if there is you will not face any problem dealing with it but that is if you have the right knowledge and not just teaching that trading is a way to make money but also need to tell that can lose monye if not done right.

People can take interest in trading if parents regularly talk about it because children are always a shadow of their parents. I have my own experience that those parents who are doctors so their children also become doctor in future and same is the case with teacher so therefore I want to say that children can take interest in crypto trading too due to the interest of their parents in this field.

One should make an understandable lesson for his children and then teach them each and every single thing about trading so therefore he will surely understand that thing which he Don't know previously. Parents should share their experience with children and try to make a concept for them about risk involved in it so may be the achievement become easy for them.


Title: Re: Is it legal for our kids to learn trade?
Post by: martyns on April 28, 2023, 07:53:44 PM
It is necessary to study trading as early as possible, because it is one of the ways to earn money remotely. At the same time successful trading can give a certain independence. Of course, when trading you should take into account possible risks and try to minimize them. There is risk everywhere, so financial literacy will help you to earn
No doubt about the fact that learning trading is very necessary,but the problem is when they learn it from a very tender age,when they are still below 17 years,I think that age is not the best time for them to start knowing or learning about trading.Trading is like gambling,it is never certain that it's going to come out positive,you will either win or lose.

I don't have kids yet,but if I have kids,I will introduce trading to them when they will be 18 and above,they will only learn about crypto currency and Bitcoin,but I won't teach them how to invest yet,untill they are upto the age I want them to,before showing them how to make money through trading.


Title: Re: Is it legal for our kids to learn trade?
Post by: Bushdark on April 28, 2023, 09:29:51 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I have seen children playing keyboard, guitars... musical instruments which is a good start for them to have a broad understanding about the musical world which also apply to other area we want our children to focus on especially if see the interest in the to have one particular skill. It is a wise idea if we teach our children on how to trade and make money from the Cryptocurrency market at an early stage.

They can even train our child at a little age to create better income source for themselves rather than going through elementary to university before they acquire a skill.


Title: Re: Is it legal for our kids to learn trade?
Post by: RockBell on April 29, 2023, 07:30:35 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

There's nothing bad in teaching children trading and especially the preliminary aspect of it, this will helped them in understanding the trading patterns right from early stage before they are fully grown to partake in trading on real time, but it will be difficult to let them begin trading because of the risk associated with it and their age limit to understand how things should be properly done in trading, there are materials or learning aids that can be introduced to them as well serving as demo trading account to help build a strong beginning while learning.
Nothing is bad about introducing them at an early stage but I think considering mental maturity is important since there are many technicalities, so I feel at least given them a little time to grow some kids can take irrational decisions, I know some kids are smart but even at that I think age should still be considered, is actually a good thing just imagining wanting to send allowance to the kids you can decide to send them bitcoin  ;D and since countries are already making it a legal tender so even some kids have to learn to enjoy the new financial system.


Title: Re: Is it legal for our kids to learn trade?
Post by: Bitcoin_people on April 30, 2023, 06:41:02 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

There is basically no age requirement for trading if he has good knowledge or idea about crypto then there is no fear of getting lost by trending. But I think it's better that 10 to 15 year old kids don't come into this crypto world. Because children will focus on their studies at this age which is their most important role. And the next time they finish their studies and step into crypto, their future is likely to be bright. And already there are many people who do not have spiritual knowledge about trading and facing huge losses in future. So people who do not know details about trading should take the advice of skilled investors in this matter only then he can be successful.


Title: Re: Is it legal for our kids to learn trade?
Post by: DevilSlayer on April 30, 2023, 12:42:06 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

There is basically no age requirement for trading if he has good knowledge or idea about crypto then there is no fear of getting lost by trending. But I think it's better that 10 to 15 year old kids don't come into this crypto world. Because children will focus on their studies at this age which is their most important role. And the next time they finish their studies and step into crypto, their future is likely to be bright. And already there are many people who do not have spiritual knowledge about trading and facing huge losses in future. So people who do not know details about trading should take the advice of skilled investors in this matter only then he can be successful.
Actually it is better if our kids to learn how to trade at their early age because they will have an advantage which is the time wherein they can enhance their skills and get a lot of experience while they are still young. I have nieces and I'm currently training them to be the best trader in the future, I don't pressure them and I make sure that they are enjoying every lessons that I teach to them. Crypto is for everyone and if we want our kids to have a nice future, we should teach them basics but we should not force them especially if they do not want it. Forcing and teaching are different things, we should only introduce them into trading and teach them once they formed interest about it.


Title: Re: Is it legal for our kids to learn trade?
Post by: Woodie on April 30, 2023, 12:57:26 PM
Its not about being legal or not...Some of these skills can best be learnt from someone  close to you without the need to attain it as professional  education, if anything this will grow to be a passion and you will do it naturally and be good at it as one grows.

Besides the best of their craft learn these skills while they are young as the get to have more time to sharpen their skills under the watchful eye of a guardian  or parent.

Legal aspect, well lets just say if those skills attained are for personal use its legal but anything labor intense could trigger the employing of minors.


Title: Re: Is it legal for our kids to learn trade?
Post by: DanWalker on April 30, 2023, 01:41:35 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
At this age, even if they are going to possibly verify their trading account wit the document of an older relative, I think their brain is not well developed and ready to handle the technicalities and stress that comes/goes with trading..
But I believe it is a good time for them start learning by the way, and learning does not mean they should start trading with real money, open a demo trading account for them(if they are more than one), with a visual $100 each and allow them to start playing with that,  check their progress with the trading every week to see how they are fairing, even if they are doing fine, don't be in a hurry to move them over to a live trading account, allow them to trade demo until they turn 18 or more, if they take the demo trading serious, they could become real professional traders by the time they are set to start trading live.
This idea is indeed good,but I think children between  8-14 are not supposed to start or engage in anything that has to do with trading at that age because I think if they should start it, addiction is real,and by that age range,they will definitely be losing,whether it's a demo or it's a live trading,the actual age that I think it's suitable for them is 18 and above,atleast at that age,they know what to do with the money they have,and they will also have feelings when they lose money,which will make them think twice while trading.It will push them into researching and looking for ways to get to know how the market operates.They will also learn the different strategies involved in trading at that age.

I don't like that idea, even though we only give them a demo account. What I fear is that we will never have enough time to control them, I mean, they will get bored of the demo account quickly, and I am sure they will find a way to find a real account and deposit money to trade behind us. Creating an account under the age of 18 is not allowed but don't forget there are a lot of black markets selling accounts, and it's not hard to get a verified account. So we shouldn't teach kids to trade at the age of 8-14, I disagree with this even if we use a demo account.


Title: Re: Is it legal for our kids to learn trade?
Post by: AmoreJaz on April 30, 2023, 11:33:24 PM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

There is basically no age requirement for trading if he has good knowledge or idea about crypto then there is no fear of getting lost by trending. But I think it's better that 10 to 15 year old kids don't come into this crypto world. Because children will focus on their studies at this age which is their most important role. And the next time they finish their studies and step into crypto, their future is likely to be bright. And already there are many people who do not have spiritual knowledge about trading and facing huge losses in future. So people who do not know details about trading should take the advice of skilled investors in this matter only then he can be successful.

usually, kids are not allowed into this activity because their emotional intelligence is not yet well-developed. meaning, one loss may give them depression and so with other emotional troubles.
as you grow older, your EQ is also getting better as you experienced a lot of struggles in life. you will have a better understanding on what's going on as well. if younger kids will venture in trading market, they should be guided by their parents or older people so they know how are they doing when it comes to this aspect. are they ready emotionally, financially?


Title: Re: Is it legal for our kids to learn trade?
Post by: Alisha-k on May 01, 2023, 04:32:18 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
if the child wants to learn, please let them.
Trading on crypotcurrency has no age restriction in as much as his mental capacity can carry such knowledge and he is willing to advance through too.

Let them learn but not trade until you're sure they're capable to trade and do so without slacking on their education.


Title: Re: Is it legal for our kids to learn trade?
Post by: BALIK on May 01, 2023, 10:34:16 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

There is basically no age requirement for trading if he has good knowledge or idea about crypto then there is no fear of getting lost by trending. But I think it's better that 10 to 15 year old kids don't come into this crypto world. Because children will focus on their studies at this age which is their most important role. And the next time they finish their studies and step into crypto, their future is likely to be bright. And already there are many people who do not have spiritual knowledge about trading and facing huge losses in future. So people who do not know details about trading should take the advice of skilled investors in this matter only then he can be successful.
Actually it is better if our kids to learn how to trade at their early age because they will have an advantage which is the time wherein they can enhance their skills and get a lot of experience while they are still young. I have nieces and I'm currently training them to be the best trader in the future, I don't pressure them and I make sure that they are enjoying every lessons that I teach to them. Crypto is for everyone and if we want our kids to have a nice future, we should teach them basics but we should not force them especially if they do not want it. Forcing and teaching are different things, we should only introduce them into trading and teach them once they formed interest about it.

What you say is not entirely true, early learning or early education is an advantage, but it does not mean your child will become smarter and better than other children. It depends on their thinking, ability to absorb, and preferences. Just like you can't teach college knowledge to a child who is learning to write, they will never absorb what you teach, and that's why after a lot of scientific research, we have classified what should be taught at each age. Likewise, I don't think teaching kids about early trading will make them good traders.


Title: Re: Is it legal for our kids to learn trade?
Post by: xSkylarx on May 01, 2023, 10:39:26 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
if the child wants to learn, please let them.
Trading on crypotcurrency has no age restriction in as much as his mental capacity can carry such knowledge and he is willing to advance through too.

Let them learn but not trade until you're sure they're capable to trade and do so without slacking on their education.

If you are thinking or having a problem about the KYC i think just leave it be later on because you should focus more on learning to trade , there are like games or demo account that you can try on online which helps you practice without signing up on any trading platform. Also that is a good for them because at early age they can learn how to earn money and for sure they will be doing it until they are on the right age.


Title: Re: Is it legal for our kids to learn trade?
Post by: Sebas.tian on May 01, 2023, 10:56:12 AM
I will advise you to allow that child to reach 17 or 18 years before you can teach the child how to trade, which it will really help the child to catch up with so many things that will help him or her to have a good skills of crypto trading in the market. I don't think, a child from 10 to 15 years is advisable to start trading because they will not have the knowledge to take the risk of holding like 5 or 4 years before they can sell which will be very difficult for them to accommodate at that age in the community. I know you want good thing from your kids, but allow them to reach 18 years before you can do everything possible to ensure they learn how to trade to become a potential trader in the society.


Title: Re: Is it legal for our kids to learn trade?
Post by: Lorence.xD on May 01, 2023, 11:01:20 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.

There is basically no age requirement for trading if he has good knowledge or idea about crypto then there is no fear of getting lost by trending. But I think it's better that 10 to 15 year old kids don't come into this crypto world. Because children will focus on their studies at this age which is their most important role. And the next time they finish their studies and step into crypto, their future is likely to be bright. And already there are many people who do not have spiritual knowledge about trading and facing huge losses in future. So people who do not know details about trading should take the advice of skilled investors in this matter only then he can be successful.
Actually it is better if our kids to learn how to trade at their early age because they will have an advantage which is the time wherein they can enhance their skills and get a lot of experience while they are still young. I have nieces and I'm currently training them to be the best trader in the future, I don't pressure them and I make sure that they are enjoying every lessons that I teach to them. Crypto is for everyone and if we want our kids to have a nice future, we should teach them basics but we should not force them especially if they do not want it. Forcing and teaching are different things, we should only introduce them into trading and teach them once they formed interest about it.

What you say is not entirely true, early learning or early education is an advantage, but it does not mean your child will become smarter and better than other children. It depends on their thinking, ability to absorb, and preferences. Just like you can't teach college knowledge to a child who is learning to write, they will never absorb what you teach, and that's why after a lot of scientific research, we have classified what should be taught at each age. Likewise, I don't think teaching kids about early trading will make them good traders.

You have a point, every kids have their own intelligence and also their own pace in learning. That's actually possible for them to learn trading if you think the kid is like Sheldon. Some kids exist like him but if we were talking on bombarding your kid some knowledge that they couldn't even understand just to be like Sheldon then it's not recommended. When it comes to money they still needed to be supervised as they might got the knowledge still their age are immature to make a decisions and emotional stability. They might loss a lot of fund due to rage.  That's why some exchanges you will be needed a valid ID which is for 18+ adults.


Title: Re: Is it legal for our kids to learn trade?
Post by: rby on May 01, 2023, 11:27:20 AM
I will advise you to allow that child to reach 17 or 18 years before you can teach the child how to trade, which it will really help the child to catch up with so many things that will help him or her to have a good skills of crypto trading in the market. I don't think, a child from 10 to 15 years is advisable to start trading because they will not have the knowledge to take the risk of holding like 5 or 4 years before they can sell which will be very difficult for them to accommodate at that age in the community. I know you want good thing from your kids, but allow them to reach 18 years before you can do everything possible to ensure they learn how to trade to become a potential trader in the society.
There is nothing wrong in teaching kids, if only it will stop at teaching and not allowing them practice it. They should only be given lice trading account when they are of age and maybe have started to earn and can make and handle decisions independently.
Teaching your kids and allowing them to trade with demo accounts isn't a bad idea.
Check out the scenario you funded their demo accounts and asked them to keep trading, how much they gather in their demo accounts is what you will give them in real life.
Whenever they need money from you, they have to trade it out in the demo account first. This will make them master the trading and whenever a real account is given them, they must make profits.


Title: Re: Is it legal for our kids to learn trade?
Post by: Rigon on May 01, 2023, 11:59:05 AM
I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
We all know trading is a risky business. But this risk applies to everyone. Here you mention you have a 14-year-old friend. So I assume you are not much older than your friend. Your age is close to your friend's age. In that case if you have no problem then there will be no problem for your friend.

Personally, I would like to say that it is not right to start trading at such a young age. Because the age of 10-14 years is perfect for studying. If education is lost at this age, then his entire life will fail. So at this learning age I would say his hope in trading will never be right. No matter how much he pleads, you scare them by telling them all the losses to their business.


Title: Re: Is it legal for our kids to learn trade?
Post by: LUCKMCFLY on May 01, 2023, 02:11:55 PM
My son is 7 years old, however I have talked to him a lot, he tells me that he wants to be a soccer player and I support him, but I also told him that if he wanted to be a doctor, an engineer or whatever he wants, I would still support him, but if he doesn't want to study, what you will have to do is take him to a business school and learn, or at least read many books focused on financial markets and study that part enough so that you can make your money and Sustain yourself in life, That he learns everything he can from it, and he is so young and he says yes, of course it is very easy for a child to say yes, but it is good to start talking to him from a young age so that he can take that Financial education at an early age.