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Xenophoto
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March 10, 2017, 07:47:10 AM |
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I dont know what kind of teenagers are or were you guys, but when I was a teenager I had no money to invest into anything. If you are talking that teenagers should earn their money on the internet I would say that they go to school and does not have time to earn money much. If you are talking that a teenager could earn money on faucets and such - ok its fine but the amount of satoshis gained is low.
Maybe there are places where there are rich teenagers with a lot of spare time, but I guess thats not the target of bitcoin community as they are not so common.
For example I was talking about the bitcoin with my nephew and he was not interested in the bitcoin and he is 16 now. I had told him two years ago about the bitcoin. He is completly not interested in buying any btc what so ever. He is such a kind of a kid with a generous grandmother but his mother takes all account what he do with that money.
There are cases and cases, I'm 17 and I'm very interessed in Bitcoin but nowadays the majority of teenagers don't care about politics or technology just about instagram. At least where I live.  that's true, I wanted to say a similar thing. usually among teenagers and "young people" as OP calls them, there is so little interest in saving money let alone wanting to invest it. which is why I doubt that many consider bitcoin as an investment. the better approach is introducing them to bitcoin as a decentralized online payment system, and show them how they can easily spend money without needing credit cards. and this can easily let them into using bitcoin. With age 17 you probably have no money since you can't even work. Im talking about people on their 20's that still live with their parents. They can have a job, and go 100% every month on bitcoin at whatever the price , so you keep buying every month, and in the long term you will have a ton of money since bitcoin can only go up long term. A great idea if you use it responsibly, Going 100% on bitcoin means that all your income will go to bitcoin right? That's a liitle rude for your parents . They are paying thousands in your school in order for you to have s stable job in exchange you have to at least be grateful cause it is a sign of responsibility and goodness .You should divide your income instead, For example 50% to bitcoin and 50% for your parents, It is just an example at the end it all depends on your income . After all, your parents didn't make you or take care of you because they are thinking that one day, after you graduated college, you're going to be a non-stop money making machine. That's not how they look at you. It's totally cool for them if you don't give them any money at all. They are just going to think that you're building a life for your future and nothing else. As long as they can still manage, they will not say a thing to you. Only time they are going to ask you for money is when they are out of job or too old to get one and is starting to go down on crisis. |
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irinkashchukina89
Newbie
 Offline
Activity: 19
Merit: 0
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March 12, 2017, 11:55:27 AM |
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"Your most important asset is yourself. Invest your time, your efforts and money in training, preparing and supporting your most important asset. "
Tom Hopkins
Investing in yourself is the most profitable project from all possible options, dividends from which, with proper planning, you will get really huge. A successful person simply can not look like a fat, not well-groomed sump cat. It is not difficult for a reasonable person to understand how to invest in himself. He and without additional reminders are ready to absorb new knowledge, to monitor their appearance and health. It's only the narrow-minded individuals who believe that the word "investment" has only one meaning: rowing more dough.
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DoublerHunter
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March 12, 2017, 03:09:20 PM |
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Going all in on bitcoin for young people is the worst thing that they can do because now the price is very high and the question is, where they can find source of money to be able to go all in on this kind of investment. This thing is just for people who are rich and doesn't care for their future and also for those people who are greedy but it is advisable to don't go all in because that is worst and very risky.
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tambok
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March 12, 2017, 03:38:39 PM |
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Going all in on bitcoin for young people is the worst thing that they can do because now the price is very high and the question is, where they can find source of money to be able to go all in on this kind of investment. This thing is just for people who are rich and doesn't care for their future and also for those people who are greedy but it is advisable to don't go all in because that is worst and very risky.
if they can just reasonably explain this thing to their parents of course the parents would understand this just let them do their own research and if possible make some proof by trading small amount and let it see for more than a month. If the parent won't allow their children then just respect them. |
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shield132
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March 12, 2017, 09:30:25 PM |
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Well, to populate something than that's best way. If young people will start to use bitcoin, than after some years we will see bitcoin as a first payment system, but also that young people are depended on nowdays businessmans. If they won't offer us bitcoin payment, we won't be able to should go all on bitcoin, to my mind if anyone will realize, investing in bitcoins will be great way for young people nowdays. Also price will rise and it will help them in future.
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dearbesz1219
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March 21, 2017, 12:38:06 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.
There is nothing wrong if you want the young people be aware of bitcoin and get an idea about the edge of it, but we cannot force them to do even we know it is the right to do save some bitcoin, but most of them will get relate on what you are trying to emphasize with them. this will depend only for the you people who will become open minded about in bitcoin but not provoking them as the you did on your statement. |
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olubams
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March 21, 2017, 12:48:37 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 would not subscribe to this ideology because the outcome op is looking into is just the positive angle without considering the negative side which we all know that its an option that should be kept on the table at all time. Now considering the price of bitcoin today which is above $1000 I am sure not too much of young people can afford that and if after enough saving for several months or years, it went haywire what will be the consolation?... |
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evilgreed
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March 22, 2017, 01:46:17 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.
You have a good point out there, but if you look at our society right now, are you sure youngsters out there knows about bitcoin?not every youngsters knew about it. but I'm a bit jealous because i have a friend right now who is only 11 years old but hes already investing in BTC. I wished i'd already knew this when i was still a little maybe now i already had my own savings. |
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darthmaul
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March 22, 2017, 02:01:59 PM |
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If you talking about bitcoin and long term planning then come on it's not RISKY. The thing is bitcoin is currency and commodity which evolves as the time is passing. It grows logarithmically on scale of value vs time. Yes, if I would have been in place of you and at home then would have saved lots and lots of BTC. It is one of my dream too. :-) Today I'm earning bits but very slow and i regret it a lot. As I mentioned it grows logarithmically so someone with long term plan must gain more bitcoins in very less time. You will have good amount of window in terms of buy and sell price. Simplest example is today's situation of bitcoin as compared to bitcoin 5 years back. When it was below $500 and today it is above $ 1000 it means whoever bought bitcoins 5 years back is having window of $500 plus in his wallet. If you think of retirng then yes there are lot more reasons like above one.  |
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CODE200
Sr. Member
Offline
Activity: 1428
Merit: 308
★Bitvest.io★ Play Plinko or Invest!
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March 22, 2017, 02:25:58 PM |
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Why not? If you have nothing to lose within the whole day, if your out of school youth, if you are a typical type of a guy or a teenager who prioritize early earning why not ? Go for an all in to bitcoin. On the other hand in all of these there will be a contrary to the fact that those person or young people whose in to bitcoin are all average teenagers who's half of their life are in into schooling so there's 80% chances that they would not bet all in for bitcoin.
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HarringtonStark
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March 22, 2017, 02:33:41 PM |
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Why not? If you have nothing to lose within the whole day, if your out of school youth, if you are a typical type of a guy or a teenager who prioritize early earning why not ? Go for an all in to bitcoin. On the other hand in all of these there will be a contrary to the fact that those person or young people whose in to bitcoin are all average teenagers who's half of their life are in into schooling so there's 80% chances that they would not bet all in for bitcoin.
Yeah but the problem is not many stores accept bitcoin already but hopefully in the future more stores will accept the digital currency. |
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soul-impact
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March 22, 2017, 02:42:31 PM |
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Why not? If you have nothing to lose within the whole day, if your out of school youth, if you are a typical type of a guy or a teenager who prioritize early earning why not ? Go for an all in to bitcoin. On the other hand in all of these there will be a contrary to the fact that those person or young people whose in to bitcoin are all average teenagers who's half of their life are in into schooling so there's 80% chances that they would not bet all in for bitcoin.
Yeah but the problem is not many stores accept bitcoin already but hopefully in the future more stores will accept the digital currency. the number of stores is not the important issue anymore since we have faced with the bigger problem which can destroy Bitcoin forever: the block size. Hard fork will soon occur and it is obvious that the Chinese want to control Bitcoin forever. Bitcoin will soon end up its life if we can not solve this problem. Only lunatics like Bitcoin unlimited |
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Luke2939
Full Member
Offline
Activity: 224
Merit: 100
Building Wealth through AI and the power of the bl
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March 22, 2017, 02:49:02 PM |
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It is better for the younger people to diversify into various assets such as stocks and into other crypto currencies rather than going all into bitcoin because the future is uncertain and anything can happen. Also bitcoin has appreciate well when comparing to alt coins and If you diversify, you can still have a decent return from your investments and chances for ending up broke are less.
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Jasad
Legendary
Offline
Activity: 1414
Merit: 1001
= jasad =
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March 22, 2017, 03:08:43 PM |
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Why not? If you have nothing to lose within the whole day, if your out of school youth, if you are a typical type of a guy or a teenager who prioritize early earning why not ? Go for an all in to bitcoin. On the other hand in all of these there will be a contrary to the fact that those person or young people whose in to bitcoin are all average teenagers who's half of their life are in into schooling so there's 80% chances that they would not bet all in for bitcoin.
that is true , young people usually closely related to a bravery , brave to take a risk no matter how high it is , to think so fresh and smart in take any decision , earn money while studying isn't a wrong thing indeed , young people have a stronger will too , they will do everything to reach the goal. |
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Casabrandy
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March 22, 2017, 03:13:38 PM |
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Why not? If you have nothing to lose within the whole day, if your out of school youth, if you are a typical type of a guy or a teenager who prioritize early earning why not ? Go for an all in to bitcoin. On the other hand in all of these there will be a contrary to the fact that those person or young people whose in to bitcoin are all average teenagers who's half of their life are in into schooling so there's 80% chances that they would not bet all in for bitcoin.
that is true , young people usually closely related to a bravery , brave to take a risk no matter how high it is , to think so fresh and smart in take any decision , earn money while studying isn't a wrong thing indeed , young people have a stronger will too , they will do everything to reach the goal. Bitcoin will really be helpful especially to the youth and if they are into earning, there were times I calculated that if ever I started to use and save bitcoin in that year , I may be able to have such amount. This realization comes that investing and saving at young age will be really an advantage when get olders. For example , here in bitcoin talk being a Senior and Hero Member takes time. |
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Kimi80
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March 22, 2017, 03:21:15 PM |
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No one should go all in, that is bad strategy. First take a good look, think about it and then make a move. Investing all money in one thing will make you stressed cause you have all your money depending on one thing, and you will think about bticoins too much. Every drop will hurt more then usual, and you will freak out when ever bitcoin go 300 $ down, and you have a fortune in that.
Invest money in more things, its good to have back up in every moment.
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Inkdatar
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March 22, 2017, 04:12:32 PM |
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Bitcoin can help to all people even youth can help the daily needs. Its a nice idea that young people should go to bitcoin but its a risks so it should be with proper guidance. Thus, youth can earned and sustain their needs by using bitcoin as long with proper use of it.
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giveen
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March 22, 2017, 05:08:17 PM |
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Why not? If you have nothing to lose within the whole day, if your out of school youth, if you are a typical type of a guy or a teenager who prioritize early earning why not ? Go for an all in to bitcoin. On the other hand in all of these there will be a contrary to the fact that those person or young people whose in to bitcoin are all average teenagers who's half of their life are in into schooling so there's 80% chances that they would not bet all in for bitcoin.
Yeah but the problem is not many stores accept bitcoin already but hopefully in the future more stores will accept the digital currency. That will take time and it can cause many problems. I have found a solution for this bitcoin stores problems just purchase a vcc , i use coinizy you can deposit funds to the card using bitcoin and then you can add that card to something like android pay,samsung pay, apple pay or any local wallet. All these pays are used worldwide and can be accepted in any store so why don't you spend your bitcoins like this rather than waiting for stores to accept it |
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Sundark
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March 22, 2017, 05:28:54 PM |
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Bitcoin isn't the only opportunity in the whole world. Maybe sometimes, its good to remember that. We understand that. Bitcoin is not the only way. It is even more dangerous to hold when hard fork eventuality is getting closer. But so far bitcoin is proven to had history of constant growth and unless something disastrous happens it will grow even more. Can you tell me which investment schemes or project can be equally as good? Stocks? Only when you have inside info or gamble your way even harder than with BTC. |
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Oralmat
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March 23, 2017, 03:27:12 AM |
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Going all in on bitcoin for young people is the worst thing that they can do because now the price is very high and the question is, where they can find source of money to be able to go all in on this kind of investment. This thing is just for people who are rich and doesn't care for their future and also for those people who are greedy but it is advisable to don't go all in because that is worst and very risky.
"Where they can find source of money to be able to go all in on this kind of investment?" I guess, having bitcoin now is easy, just render service and ask you to pay in bitcoin, it does not matter if you are young or old as long as you are capable to do and render service, and also here in the forum, signature campaign can give you money weekly, and can start your investment. |
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