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Author Topic: Young people should go all in on bitcoin  (Read 63321 times)
Cryptomockingbird
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October 03, 2017, 08:35:36 PM
 #1421

as in my opinion, in terms of investing in bitcoin. However, I still prefer to invest some of my money rather than enter all.
You can not spend all the time so young or even old people still enjoy life and not just think about investing.
I think that investing some in BTC while enjoying life, It will not cause any regrets at all, and everything I make speculation.
as I mean above. do not store everything in one container. if the container is destroyed. then we will lose everything without the remaining.

true, do not put all eggs in one basket
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October 03, 2017, 08:39:30 PM
 #1422

You are right, but all in? It would looks like a real gambling! Someone before wrote 20% of your all savings max 30% is in my opinion very optimum employment of resources, with that amount you can earn very nice money comparing to your deposit(20-30%), and even if you lost yuou won't lose all of your money.
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October 04, 2017, 03:45:41 AM
 #1423

They say 10% for gold holds so 'all in' is a bit over the top so it depends how to gauge as all in.   I just posted in another thread, you dont want to hold absolutely everything if mining in coins assuming it will go up.   Do pay bills off in the good times because at least sometimes the mining wont exactly pay off and everyone gets negative at the same time, hence its really not good selling at that time.    All in to me means hesitate and doubt less not to disregard any caution

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October 04, 2017, 03:52:55 AM
 #1424

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.
The problem is you are putting all your eggs in one basket and while it could turn out to be great at the end there is a reasonable chance you will end up broke that is why it is never a good idea to go all in especially in something as changeable as bitcoin.
Good metaphor. Just like building a high tower and in the end you may end up broken due to the fact that your foundation is not that strong enough. You may say that it may give you good outcome but still the risk is high if ever you will not become who you want to be. You should focus more on the things that can make your foundations firm and strong. You can set bitcoin as a side job only and time will come you will get to say that your decision was right on not going all in with bitcoin.
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October 04, 2017, 05:16:36 AM
 #1425

Yes, it's appropriate that younger generation take control of the business world including bitcoin. Invest bit by bit on bitcoin, much more profitable if compared to save in bank. As well as, younger generation always have a creative idea of what will be done on bitcoin they have.
This is what I think as well. I am a very firm believer of this thing that all the youngsters should give Bitcoin a try at least for once. There is hardly any doubt to dent this thing that all the youngsters are well educated and have sharp fresh minds. They will surely cash out this opportunity in the best way.


Yeah the thing is that the bitcoins are not easy to handle at all and once the person gets a full grip over them after then it becomes easy for him to deal with the bitcoins and earn safely. It could really open the door to a bright future therefore countries require youngsters to enter into this field and use their sharpness of minds to turn the whole picture not less than a successful career.

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October 04, 2017, 05:30:31 AM
 #1426

agree it we must participate to this blockchain era, blockchain hypein each country, and goverment take action with band, legal, illegal etc.
for me today is best day to learning about it, because we have so many way to learning with youtube and google, we must thanks to google for this digital learning era.
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October 04, 2017, 05:34:54 AM
 #1427

as in my opinion, in terms of investing in bitcoin. However, I still prefer to invest some of my money rather than enter all.
You can not spend all the time so young or even old people still enjoy life and not just think about investing.
I think that investing some in BTC while enjoying life, It will not cause any regrets at all, and everything I make speculation.
as I mean above. do not store everything in one container. if the container is destroyed. then we will lose everything without the remaining.

true, do not put all eggs in one basket

This is a fundamental rule of any investment done by people. You should always split your money into different baskets so that even if the market is worst you will get the average loss/return and not just in single stock/currency which can hamper your total portfolio.
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October 04, 2017, 05:49:17 AM
 #1428

as in my opinion, in terms of investing in bitcoin. However, I still prefer to invest some of my money rather than enter all.
You can not spend all the time so young or even old people still enjoy life and not just think about investing.
I think that investing some in BTC while enjoying life, It will not cause any regrets at all, and everything I make speculation.
as I mean above. do not store everything in one container. if the container is destroyed. then we will lose everything without the remaining.

true, do not put all eggs in one basket

This is a fundamental rule of any investment done by people. You should always split your money into different baskets so that even if the market is worst you will get the average loss/return and not just in single stock/currency which can hamper your total portfolio.

That's what you called diversification of your investment, in fact you don't have to only put all your invest in crypto as that is too risky.
Have your own investment in real world like a business where you can manage on your own and only put a certain amount for crypto or bitcoin.

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October 04, 2017, 05:52:30 AM
 #1429

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.
You call everyone into the crypt, and other people if they want, not only young people are now engaged in this, in general, another clouding of the brain. I do not think it's worth taking on the role of Messiah, you can get burned.

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October 04, 2017, 05:53:14 AM
Last edit: October 04, 2017, 05:32:55 PM by xFiber
 #1430

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.
The problem is you are putting all your eggs in one basket and while it could turn out to be great at the end there is a reasonable chance you will end up broke that is why it is never a good idea to go all in especially in something as changeable as bitcoin.
Good metaphor. Just like building a high tower and in the end you may end up broken due to the fact that your foundation is not that strong enough. You may say that it may give you good outcome but still the risk is high if ever you will not become who you want to be. You should focus more on the things that can make your foundations firm and strong. You can set bitcoin as a side job only and time will come you will get to say that your decision was right on not going all in with bitcoin.
Couldn't agree more. As much as I adore bitcoin and more importantly, the underlying technology, I have to advise against going all in on bitcoin. I personally have bitcoin but I also got (fiat) money on the side excluding investments in real estate. Diversification is key.
If you go all in on something you can either expect high returns or a big loss. For me personally (and I think a lot of others share my opinion on this matter) that risk-reward ratio is way too high for me. I tend to save the majority of my holdings and invest 15-25%. Regardless of it being fiat or cryptocurrency.
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October 04, 2017, 06:01:45 AM
 #1431

Achieving what you want to be is much more important rather than all in on bitcoin.

You got what you want at the place where you always want to be yes you will miss something but it will not affect you upto that extent soon another person will come to your life and all become normal you remain enthusiastic still achieving what you want and happy. Life is going good. So my friend either of the cases you will lose something but in first case you will lose yourself that will be great lose. Life is a continuous process new person will come not opportunities so better decide yourself.
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October 04, 2017, 07:09:57 AM
 #1432

actually i am agree that young people should join in bitcoin and use their money for buy bitcoin and not to buy negative things but i don't agree if they use all of their money to investing in bitcoin. because they still need the money to buy something in their life and we should realize that young people is not already have their own income like adult people. so its not wise if we give advice to put all their money in bitcoin but maybe we can give suggestion to put some of their money in bitcoin and use the other money for their daily life.
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October 04, 2017, 09:38:58 AM
 #1433

actually i am agree that young people should join in bitcoin and use their money for buy bitcoin and not to buy negative things but i don't agree if they use all of their money to investing in bitcoin. because they still need the money to buy something in their life and we should realize that young people is not already have their own income like adult people. so its not wise if we give advice to put all their money in bitcoin but maybe we can give suggestion to put some of their money in bitcoin and use the other money for their daily life.
Indeed, it is not a good idea to put all of their money in bitcoin because it will not make them feel safe because of their money will be putted into a risky investment. They can undergo for a great financial management so they can have a great managing plan for their money so they will not put all of their money in bitcoin and even they are about to invest, they will still have a great budget for the things that they need to buy.
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October 04, 2017, 10:04:55 AM
 #1434

Young people should go for bitcoin, but not all. Because not all people know bitcoin ,kids yet? It is good for some one who knows bitcoin in young age ,so while they are young they know how to grow their money.
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October 05, 2017, 11:36:29 AM
 #1435

There is a big chance that bitcoin benefit will be shut to zero in a handful of a long time. There will be other big crypto currencies but not bitcoin.
You are living in some other world or are in habit of day dreaming. Dude we all know the real potentials of the bitcoin and the market size of bitcoin is far more than that of any other crypto currency. I don’t think so there will be any issue faced by people by using world most popular currency. Bitcoin are the kings of the crypto market and will be forever.
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October 05, 2017, 02:08:27 PM
 #1436

Youthful men and women are a lot more open up to technologies in the common soo i do feel the sugestion is about individuals, at the instant the world is experiencing a great deal monetary issues and the youngs are the most affected since they cant uncover a to job to commence work. But no one particular need to go all into bitcoins, usually break up your investment decision and colect much better results.
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October 05, 2017, 02:13:08 PM
 #1437

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,we have to learn they young people because this is important to us and this is one of a partime when we have a school so that we can apply here because this is important and bitcoin will help our family and ourselves.
That makes sense actually young people are open to jobs and education So if you are going for a job then you may enjoy a better life while being attached to bitcoin a part-time. Plus if you are a student, then you are such youth that couldn’t waste your energy just going here and there. Better is to start campaigns so that you can afford your own expenses.
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October 05, 2017, 06:09:39 PM
 #1438

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,we have to learn they young people because this is important to us and this is one of a partime when we have a school so that we can apply here because this is important and bitcoin will help our family and ourselves.
That makes sense actually young people are open to jobs and education So if you are going for a job then you may enjoy a better life while being attached to bitcoin a part-time. Plus if you are a student, then you are such youth that couldn’t waste your energy just going here and there. Better is to start campaigns so that you can afford your own expenses.
Bitcoin is really helping to yehangerm for the what he needs of the business and study and it will get more income in the future income process most of the people he don't know how to use but bitcoin you know how to use. Then you will get profit it will as a help full for the youngest. Bitcoin give more information for econime and business, fence so it you give more information.

 
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October 05, 2017, 06:41:24 PM
 #1439

Young people should invest in bitcoins but I will not say to submit all your belongings on bitcoin as they need to spend money when it's required. Normally young people spend money on travelling and enjoying life to the fullest, to my opinion I would say not to waste all your money on recreation activities but to invest on bitcoins.  Both are required travelling gives you time for relaxing your mind apart   from a stressful life. Try to decrease the cost of expenditure on travelling and invest more on bitcoins can help people get more profit after some years, as the value of bitcoins keeps on increasing with time.

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el kaka22
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October 06, 2017, 02:42:07 PM
 #1440

Young people should take higher risks and diversify their portfolio, and bitcoin can supplement that.

A better phrase would be "buy bitcoin instead of doing vices" because at least with bitcoin, you can theoretically lose it all but you'll still retain your health.
I think otherwise. I think this will not be a wise decision by any youngster to invest all of his earnings into Bitcoin and that in that age when he don’t have enough knowledge about Bitcoin and all that stuff. In fact, I’ll advise him to invest a portion of his earning and learn the things well before taking any big step.
I have seen some smart young dudes in my lifetime and they can make decisions as long as they are capable of making them. The truth is it is risky, but most young dudes nowadays waste a whole lot and it won't be a bad idea if they can put some little part of it into bitcoin if they wish knowing there is every chance it can give them a better life after school and even make them build their dreams and investments faster.

I do not agree that young people should be denied as long as they have come of age to make decisions by themselves. Do not get me wrong as I am not saying they should go all in, but they can go as far as they want.

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