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Author Topic: Young people should go all in on bitcoin  (Read 63321 times)
geegaw
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October 06, 2017, 03:26:42 PM
 #1441

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.
Well, I think they are young, they should venture once and go all in Bitcoin, I know this will be a very risky thing but what they can get is very large, a new future, a new life, a new millionaire, this is a good opportunity and full of promise in the future. Opportunities in life are never too much, they should not miss, although they may fail but they were very young, they can start again, it is not too difficult, but if they miss this opportunity, I think they will be very regretful when the future of bitcoin grows stronger.

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Soranith
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October 06, 2017, 03:35:39 PM
 #1442

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.

Correct! People should invest and start using bitcoin but don't put everything in bitcoin they should study first what it is and understand the market also. Its easy to say that we can make tons of money out of bitcoin but the journey will not be that easy so its best to do it slowly but surely.
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October 06, 2017, 03:42:26 PM
 #1443

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.

Correct! People should invest and start using bitcoin but don't put everything in bitcoin they should study first what it is and understand the market also. Its easy to say that we can make tons of money out of bitcoin but the journey will not be that easy so its best to do it slowly but surely.
Not only inveting but also need to learn more about bitcoin and the blockchain technology so that they can adapt to the new change in the future. The blockchain is one of the most impressive creation that mankind has ever made
criza
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October 06, 2017, 04:25:00 PM
 #1444

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.
Starting doing bitcoin at a really young age can give you a lot of good outcomes but you should think about it first if you're going to give up your youth for the sake of earning money. We all know that one's younger year is one of the most exciting part of our life so if we are going to sacrifice it for monet, we will be missing almost half of our lives. Another thing is that studying is considered as one of the things that a youth is focusing on for him to be able to make his future's foundation strong.

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KingOfWinterfell01
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October 06, 2017, 04:34:18 PM
 #1445

Start them young, right? Go all in but always have a contingency plan e.g. saving some cash for yourself. I wouldn't always recommend going in blind in BTC because BTC isn't that fully developed yet. However, this makes investing more fun. It becomes risky and full of thrills. Any investor would actually get excited by taking high risks like this one. Go at it do what millenials do best, go full YOLO.

misterj
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October 06, 2017, 04:46:32 PM
 #1446

No they should not. Not because they are young but due to the reasons that they have still many things to learn and also experience is a part to avoid dissppointment. Also, if ever they have learned enough, money to invest will still be a problem, if ever their parent will lend them some, reasoning the purpose would be hard.

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doomloop
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October 06, 2017, 07:29:29 PM
 #1447

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.
With bitcoin, trust and good understanding is required to benefit big using bitcoin. One can spend good time learning during the teenage, also those age groups have a mentality to experiment what they learn. Upon the fact youngsters going full on bitcoin will make the digital community grow potentially.
Young age the time when the people know a lot of things and they love to experience the new things so it is very important to know about the bitcoin at the young age so that they will be able to get the money even in the short time. The price of the bitcoin is very high and the people who love bitcoin use to spend money in the bitcoin.

unbotak
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October 06, 2017, 09:24:22 PM
 #1448

It does not matter for young people aged 17+, they already understand which bitcoin sub business needs to be followed, the sooner they understand it they succeed in becoming prospective developers in the crypto world, we can not underestimate them but if we do not guide dependent people on hyip and gambling, it will be a problem in the future.
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October 06, 2017, 09:31:15 PM
 #1449

That idea has pros and cons like any other idea, but definetly not going all in since a young age, getting exposure to bitcoin and lightly exposing the youngs gradually is one of the better methods. Sure there are people who will learn more or learn more by getting fully exposed but that may not be the healthiest way around here. They have all the time in the world to experiment with it.
Tenderino
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October 06, 2017, 09:32:19 PM
 #1450

You should never go allin with one investment and this totally independent of whether you are young or living at home. Despite of this, young people also need money for go to disco, buy a car and probably marriage and children.

If you are the holder of lots of bitcoin, then this is at least a nice attempt to draw more people in and rise the value of your coins.  Wink
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October 06, 2017, 10:01:54 PM
 #1451

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.
not but.
but we know that bitcoin have high risk, and the price cant be control. people that dont have knowledge's enough cant do loke we plan.
and put our we have to bitcoin can make you win or will kill you. so think carefull

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October 06, 2017, 11:39:02 PM
 #1452

I think it could be a huge loss if young people go all in smth nobody fully understand how it works and they probably as a young people don't know even less..  but they should try within reasonable limits and at the same time to figure it out better how it works
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October 06, 2017, 11:42:46 PM
 #1453

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 is a good idea if a young person starts earning bitcoin. They can have more knowledge and experience while theyre young and in the future they will be more knowledgable about bitcoin and will earn a lot of it. Also, if they start in a young age, they can earn a decent amount of bitcoin where they can invest it and after 5-10 years, they can be rich in a young age and do whatever they want.

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October 07, 2017, 12:09:18 AM
 #1454

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.

No, its not good to go all in. Its to risky specially you don't know where to buy legit sites. But the idea is good, but for you people they cant avail the amount of BTC as of now.

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October 07, 2017, 12:31:38 AM
 #1455

I would go all in in bitcoin but the only thing that stops me from being to do that is still having to pay for everyday things unfortunately I could not live solely of bitcoin. Although that is the dream of being able to do that.

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October 07, 2017, 04:44:41 AM
 #1456

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 don't think it'll be a good idea for young people who are under supervision of their parents. They are still young for this, its good for them to study now, learn bitcoin and if they got it all, I mean understand it well, they can do bitcoin, but not all in. Taking risk is not bad,  but putting all things in a risk is bad. You have no assurance of anything, you do not know what will happen tomorrow or on the next day and next next day.

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October 07, 2017, 06:24:52 AM
 #1457

This is a bad idea to go all in on bitcoin because bitcoin is very risky and the volatility makes it risky so even though that the price is very high now, it is still not a good idea to invest all money you have because a smart investor always thinks for long term and analyze if investing now is a good idea or not. This type of user that always go luck is greedy and can't be successful in any kind of field.
Maybe you are right, young age can't make a good decision because of lack of experience but this age is a great time to involve in bitcoin. At very young age you can get lot of knowledge about the crypto-currency and experience. And at this age you are one who can help in you parents, and it's a good influence to the other because of earning money at young age. And I'm sure they realize that need to be smart, like make sure the future and save the rest of your bitcoin in wallet and the other was use in business.
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October 08, 2017, 05:34:34 AM
 #1458

Yes they should and I think they are getting into Bitcoin investing and trading as well. I am one is a fresh graduate but already started with Bitcoin way in college. This is the time when I am still posting to rank up and be accepted to participate in signature campaigns.

And now, still young and starting in my career, I am already eligible to participate signature campaigns an be paid with a rate that I can also use in my everyday expense. This is why it is good to start at young age and feel the return in the near future.
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October 08, 2017, 06:27:59 AM
 #1459

Young people going to bitcoin will indeed prepared them for the future, I knew an 18 year old boy who invested some money in bitcoin some few years a go, presently this young lad is a millionaire.
I am using this opportunity to inform or sensitize aour young  people to shun any form of fraudulent activities and invest massively in bitcoin with aim of achieving future financial fulfillment.

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October 08, 2017, 09:55:58 AM
 #1460

The exact phrase I think. it is true that young people should invest early, to get a quality life later. and bitcoin is the right medium to do so, because bitcoin can provide comfort, security in berinvesatasi and certainly provide benefits. that is the reason why young people are encouraged to enter this bitcoin industry.
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