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Author Topic: Young people should go all in on bitcoin  (Read 63321 times)
Mvaporis1961
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April 12, 2017, 11:55:17 AM
 #261

All in?  HELL NO, nobody should go all in, regardless of age.  Taking higher risks when younger--that's all well and good.  But going all-in on anything crypto is a recipe for bankruptcy.  I wouldn't even allocate 20% to crypto.  You'd have to be crazy to go even half-in, and I say that as a person who likes bitcoin.  A lot.  It's just way too risky.
Yeah going all in in crypto may result in many things,Not all cryptocurrency coin will remain as is in the future like what are they right now.
Plus putting aside many things and going all in crypto will affect a persons life totally and may destroy their future so this is not advisable to do
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April 12, 2017, 12:19:48 PM
 #262

All in?  HELL NO, nobody should go all in, regardless of age.  Taking higher risks when younger--that's all well and good.  But going all-in on anything crypto is a recipe for bankruptcy.  I wouldn't even allocate 20% to crypto.  You'd have to be crazy to go even half-in, and I say that as a person who likes bitcoin.  A lot.  It's just way too risky.
Yeah going all in in crypto may result in many things,Not all cryptocurrency coin will remain as is in the future like what are they right now.
Plus putting aside many things and going all in crypto will affect a persons life totally and may destroy their future so this is not advisable to do
make sure that you have to calculate and analyze the possibility of what might happen when you've chosen the decision to go all-in because it would be too risky, so you should be prepared with all of it
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April 12, 2017, 04:31:01 PM
 #263

Just make sure you have one.

If Bitcoin truly becomes what it can become, a whole bitcoin is more than plenty.
Time and patience is what you need, more than number of dollars invested.

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April 12, 2017, 04:46:22 PM
 #264

That is a bold prediction on what you are saying. By purchasing 21 BTC you are sure that they will become a millionaire? Its funny to think how positive people like you are. Because I don't see a Bitcoin priced at 1200$ will reach an amount so high that your 21 BTC will make you rich. You are just creating a senseless topic in which you are deceiving a lot of new users to follow your suggestion.

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April 12, 2017, 04:59:06 PM
 #265

That is a bold prediction on what you are saying. By purchasing 21 BTC you are sure that they will become a millionaire? Its funny to think how positive people like you are. Because I don't see a Bitcoin priced at 1200$ will reach an amount so high that your 21 BTC will make you rich. You are just creating a senseless topic in which you are deceiving a lot of new users to follow your suggestion.

On the last years Bitcoin price tripled its price. And since the beginning it skyrocketed. The expectatives to see it happen again and again is high and many people here believe it. It's very possible. 21 BTCs now worth about $25.000, a good amount, on long term Bitcoin can more than triple its price again. Meanwhile holders invest their money, earning interest in BTCs, what is a smart idea, this way they are working to becoming rich on long term.

With 21 BTCs on your wallet you are done for the rest of your life.

 
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April 12, 2017, 08:16:46 PM
 #266

we already know about bitcoin and it is very profitable. and it's really good for those of you who still get money from parents and go all in investment in bitcoin. very good to set aside money and saving in the form of bitcoin.
bitcoin could be advantageous (for those who are patient) because when people are not patient like a teenager, and easy to panic, then they will only get the loss of bitcoin.
in fact currently bitcoin is mostly use for investment and very less as a currency because the facilities of bitcoin are still not present in all the place to be use as currency. and the teenagers donot have such a good experience in investment and trading therefore bitcoin is not yet good for them.

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April 13, 2017, 03:56:34 PM
 #267

we already know about bitcoin and it is very profitable. and it's really good for those of you who still get money from parents and go all in investment in bitcoin. very good to set aside money and saving in the form of bitcoin.
bitcoin could be advantageous (for those who are patient) because when people are not patient like a teenager, and easy to panic, then they will only get the loss of bitcoin.
in fact currently bitcoin is mostly use for investment and very less as a currency because the facilities of bitcoin are still not present in all the place to be use as currency. and the teenagers donot have such a good experience in investment and trading therefore bitcoin is not yet good for them.

Very well reply, I am 100% agree with your opinion. I also realize, mostly we use bitcoin only for investment and trading wise. Litter bit we are using bitcoin for shopping and extra activities, but everyone want to do with bitcoin only investment. And our youngsters start to do it, but our teenagers can't interest on it, because they don't know about it every well any investment. 
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April 14, 2017, 02:54:04 AM
 #268

That is a bold prediction on what you are saying. By purchasing 21 BTC you are sure that they will become a millionaire? Its funny to think how positive people like you are. Because I don't see a Bitcoin priced at 1200$ will reach an amount so high that your 21 BTC will make you rich. You are just creating a senseless topic in which you are deceiving a lot of new users to follow your suggestion.
Its possible bitcoin has alot of potential but I disagree with this advice also as its equal to hoping for a lottery win.   No skill involved, just get 21 bitcoin tickets and pray it goes higher.  
Thats pretty naive as a plain for a happy and fortunate life.    What bitcoin is going to need is smart young people to actually build a useful platform, improve the usefulness of this protocol so absolutely anyone can get a reliable money transfer system.

Right now bitcoin is a bit too fiddly, whats going to happen is the banks will engineer a system that favours them but is extremely easy to use with cartoon characters on their adverts or something to sell it.
  Meanwhile bitcoin will stay a low percentage exposure product to the technical elite who missed the catch that its got to be usable by those who know nothing about your ideas and only want to expend 30 seconds of thought out of their life on your product before they move on.

People who think they'll get rich by doing nothing deserve to fail and most of them will.

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April 14, 2017, 03:11:25 AM
 #269

we already know about bitcoin and it is very profitable. and it's really good for those of you who still get money from parents and go all in investment in bitcoin. very good to set aside money and saving in the form of bitcoin.
bitcoin could be advantageous (for those who are patient) because when people are not patient like a teenager, and easy to panic, then they will only get the loss of bitcoin.
in fact currently bitcoin is mostly use for investment and very less as a currency because the facilities of bitcoin are still not present in all the place to be use as currency. and the teenagers donot have such a good experience in investment and trading therefore bitcoin is not yet good for them.
Even teenagers consider it an make it an potential investment to profit big when the days of bitcoin comes. As of now we have got very small acceptance in the market and stores which were very commonly used by public. So the usage as a currency is much low than using it as an investment.


 
 
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April 14, 2017, 04:45:17 AM
 #270

No at all.Do you ever mind  what will going to result or what will happen to the teenagers who will go all in on bitcoin?They will miss all opportunities outside if they go all in and focus on bitcoins only.Being physically socialize now i very important and they will miss it if they will go all on
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April 14, 2017, 05:06:27 AM
 #271

No at all.Do you ever mind  what will going to result or what will happen to the teenagers who will go all in on bitcoin?They will miss all opportunities outside if they go all in and focus on bitcoins only.Being physically socialize now i very important and they will miss it if they will go all on
It is not that socialize in life but more in the opportunity in other investments and the mindset that they will acquire in the most of their decision making in investments will be always go all in .In that case if anything bad or go wrong with that investment even for butcoins not knowing it at first invest with a big dump you can be broke at all .Investing all in even you are in your psrents without any problem in money is the scariest thing in the future in investing.
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April 14, 2017, 05:39:46 AM
 #272

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.
In the last you wrote BTC is the best long term high risk bet
What its mean by you ? , In your opinion the holding of bitcoin in your wallet for long term is really a job of high risk , Because I myself also thinking the same .
No doubt that the price of the 1 bitcoin will be 10 to 20 times more after 20-30 year ( this is a small prediction​ by me ) but Problem is what?
where is the risk ? why it is high risky ?
Actually risk is that what will happen if the government declare​ bitcoin ban in your country , then all of your Investment goes in water .
This is a good idea of holding BTC for the Japanese people , where the bitcoin is available to use legally .
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April 14, 2017, 08:25:18 AM
 #273

we already know about bitcoin and it is very profitable. and it's really good for those of you who still get money from parents and go all in investment in bitcoin. very good to set aside money and saving in the form of bitcoin.
bitcoin could be advantageous (for those who are patient) because when people are not patient like a teenager, and easy to panic, then they will only get the loss of bitcoin.

@pattart, patience is a thing to consider too but i dont think they will panic sell if a certain teenager really understand the concept of bitcoin and believe that bitcoin price will have a great future.

regards.
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April 14, 2017, 08:31:25 AM
 #274

we already know about bitcoin and it is very profitable. and it's really good for those of you who still get money from parents and go all in investment in bitcoin. very good to set aside money and saving in the form of bitcoin.
bitcoin could be advantageous (for those who are patient) because when people are not patient like a teenager, and easy to panic, then they will only get the loss of bitcoin.

@pattart, patience is a thing to consider too but i dont think they will panic sell if a certain teenager really understand the concept of bitcoin and believe that bitcoin price will have a great future.

regards.

 He means that all teenager was easy to panic but not at all. I'm a teenager but i'm still holding my bitcoin since last year. It is not on the age that matter, It is yoir motivation on how you store your bitcoin that matter. Like thinking your family or your future family whenever you are stocking bitcoin so that you will not be tempted on selling it on early time.
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April 14, 2017, 02:51:04 PM
 #275

we already know about bitcoin and it is very profitable. and it's really good for those of you who still get money from parents and go all in investment in bitcoin. very good to set aside money and saving in the form of bitcoin.
bitcoin is profitable but it does not mean you can use all your money to invest in bitcoin. remember bitcoin risk so you have the possibility to lose. do investment wisely dude

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April 14, 2017, 04:17:37 PM
 #276

That is a bold prediction on what you are saying. By purchasing 21 BTC you are sure that they will become a millionaire? Its funny to think how positive people like you are. Because I don't see a Bitcoin priced at 1200$ will reach an amount so high that your 21 BTC will make you rich. You are just creating a senseless topic in which you are deceiving a lot of new users to follow your suggestion.

With 21 BTC, you only need around $48,000 per BTC to become a millionaire. This is not a far fetched long term prediction for BTC to achieve. I think we can see $48,000 within the next 10 years.
dannon
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April 14, 2017, 07:31:53 PM
 #277

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 disagree. Spend your money when you are young and can enjoy it
 When you get old and your body doesn't work money doesn't matter all that much if you get by.

Sad Sad Anyone else sick of trying to join signature campaigns and being denied after you have worn their signature for a week? Sad Sad
Yakamoto
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April 14, 2017, 07:44:19 PM
 #278

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 disagree. Spend your money when you are young and can enjoy it
 When you get old and your body doesn't work money doesn't matter all that much if you get by.
Hell, I'd rather take a lot of my money and give it down to my kids rather than try to enjoy it while I'm in my younger years, or, well, what used to be my younger years. That's been my philosophy for a majority of my life and chances are it isn't going to change. I don't really have much of a use for the money, and I'd rather have wealth building up in my family line rather than have to deal with all the other issues flaunting money brings.
dannon
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April 14, 2017, 07:49:03 PM
 #279

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 disagree. Spend your money when you are young and can enjoy it
 When you get old and your body doesn't work money doesn't matter all that much if you get by.
Hell, I'd rather take a lot of my money and give it down to my kids rather than try to enjoy it while I'm in my younger years, or, well, what used to be my younger years. That's been my philosophy for a majority of my life and chances are it isn't going to change. I don't really have much of a use for the money, and I'd rather have wealth building up in my family line rather than have to deal with all the other issues flaunting money brings.

Sounds like you already have enough money. So you just want to give money to your kids instead of enjoying what it can let you do? Do you not want to travel? Experience new things?

Sad Sad Anyone else sick of trying to join signature campaigns and being denied after you have worn their signature for a week? Sad Sad
Vyki00
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April 18, 2017, 08:26:54 AM
 #280

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 disagree. Spend your money when you are young and can enjoy it
 When you get old and your body doesn't work money doesn't matter all that much if you get by.

I do not agree with you. Money is always important. In old age, everyone wants to live in prosperity and comfortably.
That's why some young people are trying to earn bitcoin and secure a happy future
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