Young people should go all in on bitcoin

[romero121]

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.

This is possible to some extend, because two in ten might be aware of digital currency and related services. Now if you render service to a person who is unaware of bitcoin and ask him to pay in bitcoin, surely he won't come to you. So based on the person we need to do, if he's ready to pay with fiat get it. Nothing is going to happen as we can convert fiat to bitcoin instantly without any complications.

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[Taki]

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.

To buy bitcoins really would not suit to young people and to many of adults also. But I think bitcoin can become a good option for teenagers to make some money as any other underworking. For example to join a signature campaign or elementary faucet.

[Monnt]

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.

Most of young people these days tend to try and find an easy way to do things, not just earning money doing everything, and bitcoin provides them with an easy way to earn money and cover all their need, but going all in bitcoin like dropping out of college and clear all the day earning bitcoin is not a wise thing, people should always have a backup plan in case the bitcoin goes down and does not live up to their expectations or in case they mess up and lose all their money.

[just_Alice]

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 totally agree with you, I live with my parents and planning on saving BTC's, because I don't see any other investments, that could be better. I knew about bitcoin about 4 years ago, when its price was about 30-40$, I guess, and my friend told me that bitcoin is the future and I should buy some of them and start using it. What I thought was: "why should I invest SO MUCH money for something so unreliable, I don't even know how much will it set me back". Now I really regret it, but it is never late to start.)

[bitbunnny]

Nothing can't be achieved over knight and I agree that many people just don't have enough patience and want to gain everything instantly, including large amount of Bitcoins. Things take time and planning, including the reserve plan. Saving Bitcoins is good idea and can help to young people who often don't have any other resources.

[Betwrong]

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 agree. I even know one young person , 18, who's almost doing just that. I'm saying "almost", because she's not exactly going all in, but everything she can she invests in BTC, it's about 40% of her monthly income. I think she's doing the right thing and won't regret it in the future.

[DD-Lex]

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 agree. I even know one young person , 18, who's almost doing just that. I'm saying "almost", because she's not exactly going all in, but everything she can she invests in BTC, it's about 40% of her monthly income. I think she's doing the right thing and won't regret it in the future.

If such interest is given to invest in bitcoin, then this is a positive moment, but I would like to know where this confidence in future revenues comes from. With my meager salary, 40% for me is a very huge amount of money. I would not risk it.

[Podgor]

I agree about Bitcoin being the future although I prefer not to collect money but invest and let them earn faster.
It is a great long term invest though, the only I can recommend to people.

[STT]

This is a bullshit. I need everything to keep my life. And But why is OP not suggesting to sell my house for buying bitcoin? This is a bullshit. All of my life is not about bitcoin. Every people have the different portion to invest on bitcoin with their financial power. To keep all of your money in bitcoin is not a good thing in this time.

He did say people living with their parents.   Not many people in their twenties can afford to buy a house in the area they work in.  Thats the whole point, young people no longer have the ability to earn and take part in the economy similar to their parents and grandparents.    The point would be they have unique insight to the growth potential of bitcoin.

I dont agree with all in either.   When people suggest gold as a counter to FIAT currency, its suggested no more then 10% be held and though its more fitting to take risks when younger and healthier I dont think much more then 10% for bitcoin is that good either.    Have more then one string to your bow

[Yakamoto]

I don't know if it's a good idea for young adults to go all-in on something like Bitcoin, but getting them encouraged with it is definitely something that can be useful for them as they get experience with a pseudo-stock market and start to experience what it is like to earn and lose money on what is a mostly free market.

Plus the investment rewards can be quite lucrative for some.

[ufaiz50]

maybe it was a good idea and also can be a savings if there is a sudden situation that led to financial problems but as the currency bitcoin does not always have a smooth prospects in the future. anything can be happen

[rajasumi3]

Actually young people think bitcoins as a source of income .thats why they come to this signature campaign
On the way of learning they come to know about different schemes and ways to earn bitcoins and by using bitcoin credit card they can use it to pay their bills.

[maybtc]

Though bitcoin is getting more popular now but I do not see we should fully gamble with it.I don’t think you should put everything you have in one single form of investment.
Diversifying is still the safer way to go,when it comes to investment there should be a control that must be done and only put a certain percentage of your savings to investment,if you lose you will only lose a little portion of your savings.

[X-ray]

This is a bullshit. I need everything to keep my life. And But why is OP not suggesting to sell my house for buying bitcoin? This is a bullshit. All of my life is not about bitcoin. Every people have the different portion to invest on bitcoin with their financial power. To keep all of your money in bitcoin is not a good thing in this time.

He did say people living with their parents.   Not many people in their twenties can afford to buy a house in the area they work in.  Thats the whole point, young people no longer have the ability to earn and take part in the economy similar to their parents and grandparents.    The point would be they have unique insight to the growth potential of bitcoin.

I dont agree with all in either.   When people suggest gold as a counter to FIAT currency, its suggested no more then 10% be held and though its more fitting to take risks when younger and healthier I dont think much more then 10% for bitcoin is that good either.    Have more then one string to your bow

That's why they need more effort to gaining his life.
Some people in their twenties possible to buy a house with his own effort.

And finally all is not for the bitcoin.
Bitcoin = money, More people in these days realize it.

[Text]

What is your preffered age range that you consider as young? If it is a young at the same time a student, he should prioritize first his studies especially if he is in secondary but those who are already college they can enter the world of bitcoin if they can really handle all the responsibities without lossing anything like their professions.

[ethereumhunter]

maybe it was a good idea and also can be a savings if there is a sudden situation that led to financial problems but as the currency bitcoin does not always have a smooth prospects in the future. anything can be happen

its still not good idea for young people to go all in on bitcoin because if they are unemployment then they can not buy something for their life but its different if they are work for part time because its mean they can use their money from part time to buy bitcoin and make the other money for their own life so they can have two benefits from using their money.

[nara1892]

maybe it was a good idea and also can be a savings if there is a sudden situation that led to financial problems but as the currency bitcoin does not always have a smooth prospects in the future. anything can be happen

its still not good idea for young people to go all in on bitcoin because if they are unemployment then they can not buy something for their life but its different if they are work for part time because its mean they can use their money from part time to buy bitcoin and make the other money for their own life so they can have two benefits from using their money.

even the young people are freelancers, 100% money they earn should not use to buy bitcoin because probably they cannot buy daily needs by bitcoin in their country. why do not divided the money into two? one for bitcoin and the other one for daily life.

[Labumi]

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.

Exactly once. most parents will definitely give ijinya to his son who is indeed doing something useful and give you an advantage for his son. So if indeed parents haven't learned in detail about whatever he is sure they will worry and forbade to pass it through and the most powerful way to get ijinnya is to tell what we're working on 100% then they will allow the and is sure there will be some requirement to do
 

[goldcoinminer]

What is your preffered age range that you consider as young? If it is a young at the same time a student, he should prioritize first his studies especially if he is in secondary but those who are already college they can enter the world of bitcoin if they can really handle all the responsibities without lossing anything like their professions.

There is no preferred age actually, there are young people but are matured already and they are old people that are still immature.
For someone to see the opportunity that bitcoin offers, he needs to be mature and age doesn't matter at all as there are plenty of young
people who are already rich in the crypto world, young people like ETH developer Vitalik.

[posternat]

I agree about Bitcoin being the future although I prefer not to collect money but invest and let them earn faster.
It is a great long term invest though, the only I can recommend to people.

Long invest is really good especially when ypu started to invest at your young age and together with bitcoin you will grow. You gonna earn lots of money investing you whole to bitcoin but do not regret if time comes that bitcoin will go slow because in patience it will grow further than it seems.