Andromaque
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Activity: 28
Merit: 0
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August 13, 2017, 10:06:51 PM |
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Yes they should. They have nothing to lose after all, and the amount of money they possess is usually low, so winning a bit will help them a lot.
how do you know that they possess low amount of money? You would not know the knowledge and experience of youngsters in the field of internet as well as in earning bitcoin, lot of youngsters have much bitcoin so that they can buy their own car. Betting is another personal interest of youngsters, we don’t know how much they want to bet. I think he meant in general. That is true that many young students, yet not all of course, are having problems to find money and must work the summer to fund their studies.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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batang_bitcoin
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August 13, 2017, 10:15:31 PM |
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Yes they should. They have nothing to lose after all, and the amount of money they possess is usually low, so winning a bit will help them a lot.
It's like the new generation studying the new technology and bitcoin is the best thing that we can teach for the future investors and market sharers. It's a very good idea that if your a father and you want your kid to have a better life then you should be able to make your kids involve in bitcoin.
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Polar91
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August 13, 2017, 10:25:18 PM |
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Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.
Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
I think they have the right to know the benefits of bitcoin by proper orientation about it but you must not force them to do such thing specifically engaging and getting involve with it if they do not want to. Yes you are right that it is a good foundation if they will start investing into bitcoin at their young age but let them handle it and decide on their own.
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TonixGaming_14
Full Member
Offline
Activity: 329
Merit: 100
AGATE
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August 13, 2017, 11:06:03 PM |
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Young people should go bitcoin because at their younger age they already know the important of bitcoin. This idea is a good opportunity to young people because bitcoin has a future and they can invest and earn extra money to help for their study. Let us introduce to all young people about bitcoin, it helps for their study and for their future so that someday they have already have a savings. Because bitcoin has a future and good in investment.
Bitcoins do have brightest future among all the crypto currencies and it is not only mode of investments but also the best currency for international transactions. Young people have advantage over elderly because they have very much interest into technology, gadgets, apps etc which elder people lack. I will like to suggest all youngsters to go for bitcoins and have chill future. Younger like us have advantage over adults because they have a skill and interest in technology today which our your older have not skill to use. Otherwise our teenage/younger like us have brighter future in bitcoin.
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sotoshihero
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August 13, 2017, 11:20:08 PM |
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Younger like us have advantage over adults because they have a skill and interest in technology today which our your older have not skill to use. Otherwise our teenage/younger like us have brighter future in bitcoin.
Thats true, the earlier they got into bitcoin the better. As you look from the coins history, in a span of few years it has grown so much that we could not ignore. Though i have some reservations to go all in, maybe a matter of percentage like 80% crypto and 20% for cash/fiat. I admit, we still need fiat for traditional transactions.
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BunnyShibe
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August 13, 2017, 11:52:35 PM Last edit: August 16, 2017, 04:25:18 AM by BunnyShibe |
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If it is advantageous of course we must all in bitcoin, this is because bitcoin makes many people successful and rich so do not want to do other than bitcoin.
bitcoin is such an interesting way of earning money therefore i am sure that young people will go with bitcoin. i think young people have good opportunity to make money. i think they should try to invest money in bitcoin if they are free from their education and they can really become too much succeeded in bitcoin trading, but first they need to get some experience and for that they should spend more time in bitcoin and altcoin trading.
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BeGoods
Legendary
Offline
Activity: 1372
Merit: 1008
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August 14, 2017, 12:05:36 AM |
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Yes they should. They have nothing to lose after all, and the amount of money they possess is usually low, so winning a bit will help them a lot.
how do you know that they possess low amount of money? You would not know the knowledge and experience of youngsters in the field of internet as well as in earning bitcoin, lot of youngsters have much bitcoin so that they can buy their own car. Betting is another personal interest of youngsters, we don’t know how much they want to bet. I think most young people are more fond of challenges and risks. And I do not think he uses a low amount for investment. But I think they use all the capital he has for what they believe. I'm sure they've used up all their money for investing in bitcoin, because young people usually like challenges
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danjonbit
Full Member
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Activity: 364
Merit: 101
DanJoN
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August 14, 2017, 12:13:11 AM |
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Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.
Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
this a good idea, but we all know that there are many types of young people now, some of it don't want to get involve something they don't know, so we must educate them first. some don't care of what it is even if they know what opportunity it can give to them, but in some way BTC is a good investment for our future just sayin
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THE GREAT DANJON HIMSELF !
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richminded
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August 14, 2017, 02:53:13 AM |
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If it is advantageous of course we must all in bitcoin, this is because bitcoin makes many people successful and rich so do not want to do other than bitcoin.
Its really good to start using bitcoin while you have much time to make mistakes and carry to take some risk, but we should diversified our portfolio, young people should invest in bitcoin but not all your money, diversification is really the best way to lessen the risk. But still choosing bitcoin is really nice because it will help you build your future.
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iyan33
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August 14, 2017, 04:01:13 AM |
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It would be better if the young are used positively, especially on business. Young people should have creativity about business management, and bitcoin is wonderful opportunity to learn and run a business as profitable business asset.
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Westinhome
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August 14, 2017, 04:39:08 AM |
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Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.
Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
Yeah agree, but for a person that lives in their parents it may take time before getting that amount of bitcoin, and I think it's impossible for a young guy to handle their wallet without spending any. It is questionable of the other people in when they get the money. Maybe at the time you have a job i think it is better to bitcoin at not living in your parents so thats why you have a reason where your money come.
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Viscore
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August 14, 2017, 05:24:09 AM |
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It would be better if the young are used positively, especially on business. Young people should have creativity about business management, and bitcoin is wonderful opportunity to learn and run a business as profitable business asset.
They should learn about bitcoin, since they are still young they can explore a lot in this world and they will know about what are the usage of bitcoin and how they benefit it. Not only by investing, they can also find a job that pays bitcoin and use that amount to real business or even for trading, it's just a matter on how you manage your money.
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Sir Cross
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August 14, 2017, 05:40:11 AM |
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I would invest in bitcoin had I known about it sooner and other young people should know about it as early as now. Hopefully if bitcoin continues to increase and grow then maybe your vision will come true. It would be a big help if young people who starts earning bitcoin have the capacity to pay for their own studies and expenses then become financially independent.
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goldcoinminer
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August 14, 2017, 06:09:37 AM |
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I would invest in bitcoin had I known about it sooner and other young people should know about it as early as now. Hopefully if bitcoin continues to increase and grow then maybe your vision will come true. It would be a big help if young people who starts earning bitcoin have the capacity to pay for their own studies and expenses then become financially independent.
You will be one of the young millionaire in bitcoin soon, there is a great potential to grow in the future and we should not take it for granted now. Check the progress and study further so you will increase your confident investing on it.
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miyong
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August 14, 2017, 06:31:36 AM |
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I am in favor of that. At may age, when i am capable and has the ability to invest i will go with bitcoin investment but since my allowance is just enough for my daily needs.For now, i think online jobs will help me to achieve my goals. Need to look for that.
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wizardee
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August 14, 2017, 06:41:22 AM |
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While this may sound good at the start, I do not think that young people should literally go ALL in. Most young people today make just enough money to pay off their everyday lives, and whatever the outcome of Bitcoin may be, it might not be in their favour. I would suggest only to invest in Bitcoin as a standalone young individual if you have a stable job, and enough money that can be used as a safety net in case you loose your job or suffer an accidental that you may not have been insured for. The rest can be invested into Bitcoin.
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NoNetwork
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August 14, 2017, 07:50:39 AM |
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It would be better if the young are used positively, especially on business. Young people should have creativity about business management, and bitcoin is wonderful opportunity to learn and run a business as profitable business asset.
They should learn about bitcoin, since they are still young they can explore a lot in this world and they will know about what are the usage of bitcoin and how they benefit it. Not only by investing, they can also find a job that pays bitcoin and use that amount to real business or even for trading, it's just a matter on how you manage your money. I think exposing them to such things so complicated for them to comprehend will only tend to naive result and eventually they will find it not worthy of their time. I know at some point this may give them great asset as a youngster atleast. But the thing is their level of understanding and comprehension is not that high.
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onrise
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August 14, 2017, 07:55:48 AM |
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I am in favor of that. At may age, when i am capable and has the ability to invest i will go with bitcoin investment but since my allowance is just enough for my daily needs.For now, i think online jobs will help me to achieve my goals. Need to look for that. Instead of going all in btc , divide your portfolio into various categories. Keep some % for altcoins in that portfolio. Because some of the altcoins will provide you better returns in 1 years than btc may give you as those coin are very cheap compared to btc so their rise would be manifold as compared to btc.
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Sled
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August 14, 2017, 08:44:52 AM |
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I am in favor of that. At may age, when i am capable and has the ability to invest i will go with bitcoin investment but since my allowance is just enough for my daily needs.For now, i think online jobs will help me to achieve my goals. Need to look for that. Instead of going all in btc , divide your portfolio into various categories. Keep some % for altcoins in that portfolio. Because some of the altcoins will provide you better returns in 1 years than btc may give you as those coin are very cheap compared to btc so their rise would be manifold as compared to btc. Altcons can be turn into a jackpot because of their fast growing prices and since they are so cheap and a lot cheaper than bitcoin then most of the whales or investors goes into altcoins so have bitcoin and altcoin in a portfolio of long term investment is a must so the risk is not too big and well minimized.
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mobilestrike
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August 14, 2017, 11:52:33 PM |
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It would be better if the young are used positively, especially on business. Young people should have creativity about business management, and bitcoin is wonderful opportunity to learn and run a business as profitable business asset.
And at last I found a person to agree with. You rose a very good point. That is being positive. Being positive is one of the most important steps to be successful. If they use them positive which depends on how their parents grew them, they will never face difficulties. Even in loss if they are positive they will easily survive in that loss.
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