Well, I've been in the same position as that. However, I thought that there was no other way and I had to sell my assets due to circumstances. it might happen in 2020. but i really want to hold it.
This condition actually teaches us that saving emergency money is also very necessary. for example, we put 30% of our salary or the income we have for investment, while another 30% for emergency funds, and the rest for savings and living necessities. although it is an easy strategy to understand, very many people find it difficult to do, especially people who are saving money, or investing. other than that, it would be very good if we are committed to investing until our goals are achieved, and look for other alternatives to cover our urgent needs.

The thing is... that nothing is certain. Not even fiat. And I don't mean the current day's inflation, which is still not huge (but far from small either).
But look at Venezuela and their fiat. Do you really think that something like that (2018-2021) cannot happen to "better" fiat, like EUR or USD? Not now, but maybe in 20 years? Never say never.
That's why keeping some eggs in more baskets is the best... if one can afford that.

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.

Nope its decent win for Figueroa there's no question regarding on his victory since we see how Magsayo ran out of gas and the minus points for Magsayo is very crucial which totally affect his points so I guess that's a bad fight for him. He better do more better because this is big lose for his career many thought he is the one who fight with Vargas but this will never happen as Figueroa won the match.

It always looks good on paper, but you'll never know what will happen. Just like what happened with DYIP vs Magnolia, we thought that Magnolia would easily dominate DYIP, but it turned out to be a tight game. Magnolia almost lost, but they were lucky to bring the game to OT, and they had to play hard to win.

As for Ja Morant, wrong set of friends, yeah he could be under pressure of the limelight but this is not the way to do it buddy.

You are destroying yourself, flashing guns. He really need help, specially from his families.

Hmmm, if he can't withstand with this fight or I don't know maybe he could  change his division but I really doubt that he will be lose in this fight against Santiago . I really believe to Donaire but the thing is I think his team should learn to enhance his skill such as agility, because as he get older and when his opponents are younger than him he should go along with their speed and strength of course.

He lost though so he is stop on his track, so both are coming from a lost, and so the winner will obviously bounce back with a big win here.

The Bulls are in 9th or 10th place in the east currently. They have 3 wins in their last 10 games. Most likely they are missing the playoffs with how they have been playing the last 2-3 weeks. I don't know about trading all their stars, but they do need to find some help in the defense area. Division rivals are killing them 7 wins to Bulls 6. Road games are killing them. They need a spark.

The way I explain bitcoin to a person would totally depend on his/her personal background.

e.g. Personally, I'm around gamers a lot of times, so I explain it in a way that they can buy/sell their in-game assets without the need of risking their PayPal accounts getting banned and getting their transactions reversed because of bitcoin's trustless nature and transaction finality.

This comes with practice because getting emotional is human nature while not getting emotional is the feature of a seasoned trader. Often newbie traders who did not take part in dummy trading take decisions based on emotions which tend to be wrong most of the time but there is nobody to correct them right away.

A background of trading in other speculative assets and dummy trading might help new crypto traders understand how the market works and when to trade.

Buying low and selling high has been an age old method to profit. This should never be underestimated and misunderstood.

This is not just about bitcoin though, letting the world know you have "money" puts you in danger. Specially if you are carrying it around with you.

You mentioned he was a tourist, if you check the stats of robberies where they take the tourists money in different countries you'll realize this is not a new thing. There are even some cities in Europe (eg. Barcelona, Spain) where the average is a dozen robberies per hour (that's 2018 stats, it is much higher in 2023 due to worse economy situation). As you see these stats are not bitcoin related.

My follow beginner, hope your reason in investing in Bitcoin is not thinking to live large , buy good cars and to acquire mansions. If you ask most beginners what is their reason they choose to invest bitcoin all what you will understand from their reason is just want to make in different versions. Beginners should learn to know bitcoin is not a reason or a way to become rich .

The reason in investing bitcoin should be just to level up financially, grow your money and get a better return of it. Beginners should not mistake bitcoin as to grow money and for making money(becoming rich). The principle of bitcoin is real , if you understand the principles it always turns out being profitable.

We know gold is very precious metal, but Bitcoin is much more expensive than gold. Bitcoin will cross $100k after halving in 2024 ie if I invest $3000 in Bitcoin now then there is a chance of getting 10x after 2024. If I get $30000 from investing $3000, nothing can be as valuable as Bitcoin. I explained this formula to my wife at night and she was not willing to give me her jewelery at first but today she told me by herself that you can sell my jewelery and invest in Bitcoin. At present I am forced to sell my wife's jewelery as I have no fiat money.
I seek advice from expert investors/holders/users of this forum,,,,
whether selling my wife's jewelery and investing on bitcoins makes sense?
Is it reasonable to invest in gold rather than bitcoin?

I wholeheartedly agree with your assessment of "gambling is neither good nor bad".  That is really the way people should look at it.  It's kind of like doing certain drugs, they may not be bad for you if you do them in moderation and don't let them take over and consume your life.  Sure there can be some negative effects, but there's also plenty of positive effects (for certain drugs)..so it's really all about ones mentality of mental strength.

You just answer your own question to be honest. That might be one of the factors but I think there's a lot of it and it differs from individuals because others might say it's about the money, the others will say it's about the joy they get while gambling, there's no definite answer to it. One more thing, it's not the easiest way to make money, it's likely the opposite and it's to lose money.

If you say that money is power and education turns into a waste of time, ask yourself whether the hope of getting money is for a completely uneducated person. How? Who has more opportunities to get a rare, well-paid job? Will uneducated people be able to manage something without knowing all the technologies?
I think the answer is obvious. Yes, many in your country are not born with a golden spoon in their mouth; however, I am sure that you know many successful people who were able to achieve everything on their own. In that case, which would you choose, and why could they?  Can all students, at the same time, seriously take up their education and not stop it in any case? There is no other way. The choice is always yours: to be poor or to succeed through blood and pain, no matter what.

Trading in general — regardless if cryptocurrency trading or not, is such a difficult path to take that you really can't blame people for being skeptical/cautious. Long-term success rates are staggeringly bad that you're better off doing something else instead.

Assuming you're telling a true story of you doing well, don't get too cocky — because not because you did well in the past, doesn't automatically you're going to do well in the long-term.