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Author Topic: Young people should go all in on bitcoin  (Read 63321 times)
Theb
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August 18, 2017, 09:16:16 AM
 #1121

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 this is right, but young people shouldn't be taking life seriously and must just focus on studying. They can do this on their free time if they want, but earning a lot in young age is not that good, because it's really hard to learn how to handle money, what more if you're talking about millions of money.

I agree with you because at a young age they need to learn new terminology and technology what is happening around the world. Even I won't prefer them to earn Bitcoin but they need to learn the technology and how it is going to work for their future.
You are missing the point here, I know Bitcoin as of right now is a good investment but as a young person you don't need to focus on one thing but what you really need is to diversify not only in terms of investing but also in education. By having the capital you need you can create a business that has a potential to be successful, also I don't like the idea on relying on one source of investment, what will happen if it will fall? Then you don't have any back up plan for your capital.

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August 18, 2017, 01:02:32 PM
 #1122

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 this is right, but young people shouldn't be taking life seriously and must just focus on studying. They can do this on their free time if they want, but earning a lot in young age is not that good, because it's really hard to learn how to handle money, what more if you're talking about millions of money.

I agree with you because at a young age they need to learn new terminology and technology what is happening around the world. Even I won't prefer them to earn Bitcoin but they need to learn the technology and how it is going to work for their future.
You are missing the point here, I know Bitcoin as of right now is a good investment but as a young person you don't need to focus on one thing but what you really need is to diversify not only in terms of investing but also in education. By having the capital you need you can create a business that has a potential to be successful, also I don't like the idea on relying on one source of investment, what will happen if it will fall? Then you don't have any back up plan for your capital.
Education is a good way to invest some of our money by buying useful books and also our time to be able to learn a lot of things by just surfing the internet or reading some books. People should also think about the education and the possible ideas that we can get from studying and not always about money making because it will just make us greedier and we will lack of information that will help us to preserve our wealth.
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August 18, 2017, 01:13:32 PM
 #1123

Yes, young people should be interested in earnings with bitcoin, because this is the currency of the future and if they do not know about its capabilities, they will miss the chance to earn a comfortable life.

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August 18, 2017, 02:57:39 PM
 #1124

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.
Young people should go in on a bitcoin?
Don't encourage the Young people to go on and join on a bitcoin if they're   minor. Everyone's can join and earn money but it depends on their age and unless they can handle the situation right. And parents of the Young people should be the one to decide for them because parents knows their child best.

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August 18, 2017, 09:42:11 PM
 #1125

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 this is right, but young people shouldn't be taking life seriously and must just focus on studying. They can do this on their free time if they want, but earning a lot in young age is not that good, because it's really hard to learn how to handle money, what more if you're talking about millions of money.
Earning money as long as its legal cannot be bad, the problem is that many people are never taught anything about money, especially money management, people are very impulsive when it comes to buying stuff they see something they say they want it and then they get it, obviously if you add youth and a lot of money a person can get burned but with the right education this does not have to be the case.

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August 18, 2017, 10:22:02 PM
 #1126

i dont really have much money when im with my parent, my family is mediocre that hard to saving money
im already regretting, now i am working and saving some money for BTC

Man don't say that your family is a mediocre, you have to love your money. And even how hard it is to save money, it's your duty in your family to encourage them to save. Don't regret that you are with your family, just a friendly advice. While you are still with your parents do your best for them, love them with all your heart.

How can one disagree with what you said dude. You're right. I think family should.come first. Always. Its important to have savings and young people should be aware of that though for me as well your responsibility to your family should never be compromised.
Family is above all in this world. Indeed our duties towards our families shall never be compromised. Young people should be aware of their responsibilities and learn how to save and earn for their families. Bitcoins are the best way for earning while studying. In short, it is true that young people should have more interest into bitcoins than anyone else.
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August 18, 2017, 10:24:50 PM
Last edit: August 23, 2017, 08:26:22 AM by steamon
 #1127

It's important that young people learn about bitcoin at least. You can't expect them to go all in. But even investing 50$ is an ok starting price to meet with crypto currencies. I just hope they don't get confused with the insane return rates those will become a lot slower in the further future. We are really the first adopters. This is how the big investors earn their returns and we are doing it with 10 times less and that's cool. I know for sure in like 5 years maybe even 2 then the returns will slow down a lot purely because then everyone is in crypto invested.
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August 18, 2017, 10:43:00 PM
 #1128

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 agree, the ones with greater return in investment is the one with higher risk and those who are able to face that are the ones who have greater chance of becoming millionaire.

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August 18, 2017, 11:01:58 PM
 #1129

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 agree, the ones with greater return in investment is the one with higher risk and those who are able to face that are the ones who have greater chance of becoming millionaire.
but i think for young people there is more risk i think first they need to get some experience in trading and after that they should invest a big amount of money in bitcoin or altcoin trading, because without any experience there is always risk to invest money in trading.
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August 21, 2017, 12:49:55 PM
 #1130

Yes, young people should be interested in earnings with bitcoin, because this is the currency of the future and if they do not know about its capabilities, they will miss the chance to earn a comfortable life.
Bitcoins are the keys to our dream palaces. Those who are not collecting these keys now, they are going to regret hard soon. The more keys you have, the more chances you have to unlock your desired palaces. Palaces are there, all we need is to search for their keys. Bitcoins should be treated as a life time assets.

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August 21, 2017, 12:59:40 PM
 #1131

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 agree, the ones with greater return in investment is the one with higher risk and those who are able to face that are the ones who have greater chance of becoming millionaire.
Thats true but we use to risk in a right way which in.whaever happens we can start all over again as we don't need to risk all of our money in a single investment.
we can invest and we can divide all of our money in investments.

 
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August 21, 2017, 01:01:19 PM
 #1132

It's good for young people now that they have the opportunity to get rich at such a young age with the help of bitcoin and they must use it. I would be interested in their place actively bitcoin.

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August 21, 2017, 01:20:54 PM
 #1133

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.

It may be right, but I think you are just provoking young people. They decide what they want to do.And parents will not accept this way unless the parents are also doing these kind of living. But it is really risky trusting in this digital currency.

True, and just let them enjoy the life they have today and make them choose their own endeavor for them to be successful in near future. Introducing bitcoin in young people today is kinda be hard especially if you are talking to a 7-12 years old children, bitcoin is a new world were currency and future were discuss and naturally , childen were focus on what they have in the present they lean to their parents yhat may guide and sustain all the things they need and introducing bitcoin to them were limit or distract them in school and focus on the money or profit that they may gain here.
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August 21, 2017, 01:23:35 PM
 #1134

yeah for me all people should do it, bitcoin is rapidly increasing its own value, though there is a risk here in bitcoin because we can't predict what will happen next but i am sure that this is the best risk that we can do and take Smiley
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August 21, 2017, 03:48:48 PM
 #1135

I'm not surprised because bitcoin is fun and easy to learn anyone including young people. This is certainly good because the presence of bitcoin can train us to invest at a young age.

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August 21, 2017, 05:22:02 PM
 #1136

I want to put around 50% of my savings on BTC. Where should I keep it (other method than physical wallet like Ledger or Trezor)?
But what I'm afraid of is that BTC may be splitted to another BTCs after upcoming hard forks and I don't know how will it affect BTC's price and the whole market?
Also what are other good long-term picks?

Cheers Cheesy
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August 22, 2017, 05:47:42 PM
 #1137

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.

Despite the fact money management says this is an absolutely moronic play, I am inclined to agree with the OP . I say so because honestly you got not much to lose at that age, but yet can reap financial freedom at an age under 30? That seems a like a complete win to me, or a gamble worth its shot at the very least. I may be in the minority here though I feel like
It is not a bad play if you know what you are doing, for example I’m not going to invest my money in real estate because I do not know anything about real estate, conventional thinking says that you must diversify your investments but the earnings that I could get there are going to be diminished by my ignorance.

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RajaJudi
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August 22, 2017, 06:02:29 PM
 #1138

I'm not surprised because bitcoin is fun and easy to learn anyone including young people. This is certainly good because the presence of bitcoin can train us to invest at a young age.
how can young people go all to bitcoin when some of them do not even have a computer? learning about bitcoin will be very tough if you do not own a good computer Wink Therefore, it is not as easy as you think bro. Young people should study and then find a job

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August 22, 2017, 06:40:43 PM
 #1139

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.

Yes, I agree with you... But the problem is not every kid has money to invest on bitcoin. Yet the ones with cash in hand are trying their best to invest on Bitcoin and for sure in the future they'll see the rewards.

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August 23, 2017, 06:17:41 PM
 #1140

Yes, young people should be interested in earnings with bitcoin, because this is the currency of the future and if they do not know about its capabilities, they will miss the chance to earn a comfortable life.
Bitcoins are the keys to our dream palaces. Those who are not collecting these keys now, they are going to regret hard soon. The more keys you have, the more chances you have to unlock your desired palaces. Palaces are there, all we need is to search for their keys. Bitcoins should be treated as a life time assets.
I think you are right, people are going to regret not investing in bitcoin when they had the chance, also the more expensive bitcoin gets the more doubts it will create in people since they may think that bitcoin is too expensive and never buy it because they think it could go down in price.

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