Young people should go all in on bitcoin

[angaper]

I don't think it is a good idea, because there are lots of things that young people can do with money, especially in these times where modern technologies allow us to discover multiple opportunities to invest that capital, although buying and investing a certain proportion in bitcoins is not so bad.

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[TheCoinGrabber]

I wouldn't risk all of my savings on bitcoins. What if the price drops below the price I bought it just when I need the money? I would say treat it as a separate saving to what you would hold in your bank. Money can be hard to earn.

[rhamzter]

Young people who want to join in bitcoin was not bad, but before they go all in Bitcoin maybe they should study first the bitcoin currency before they join it. Because it high risk if they cannot the usage and the value of this currency maybe in the future instead they earn income they lost all of their capital.

[J9901]

Young people who want to join in bitcoin was not bad, but before they go all in Bitcoin maybe they should study first the bitcoin currency before they join it. Because it high risk if they cannot the usage and the value of this currency maybe in the future instead they earn income they lost all of their capital.

No one will prefer to invest their money in something without doing any research and gaining knowledge about it and I think the users of bitcoin are mostly youngsters as youth is more interested in innovative technology and want to learn new things which may not be possible with older generation.

[SaShiRaJaVu]

Young people who want to join in bitcoin was not bad, but before they go all in Bitcoin maybe they should study first the bitcoin currency before they join it. Because it high risk if they cannot the usage and the value of this currency maybe in the future instead they earn income they lost all of their capital.

For anyone to invest in anything ,they have to learn about the potential and the growth perspective before making the call and the risk of investment is the same with everything as it only gives you the hope of multiplying your asset at a future time and taking calculated risk is always good to make a good return.

[BitFinnese]

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.

What about old people? I think they should invest in BTC too. Their kids could use that extra money right? BTC is a good investment for EVERYONE.

Bitcoin is for everyone, but the truth behind it is that young people understand it in a much better way in a short time than what the old people does. It needs some basic technical requirements to be learned which is an easy go task for younger generation. Also in terms of innovation they try and tend to make changes.

Depends on who the audience is.  Old people who are technically equipped can learn better than young generation.  Aside from that they have knowledge on economics more than this young kids. So do not underestimate the old geeks.


I agree that kids that do not have responsibility on family budget should go all in to bitcoin if they are able to know and have money for it.  It will serve as savings until bitcoin have exponentially grow in price and sell them for fortune.

[X-ray]

I don't think it is a good idea, because there are lots of things that young people can do with money, especially in these times where modern technologies allow us to discover multiple opportunities to invest that capital, although buying and investing a certain proportion in bitcoins is not so bad.

I think bitcoin already being a good opportunity for the young people. It has offered easy opportunities to growth your investment. If you see the ethereum founder such as vitalik and i think if he was a young founder.

But never put all of the money in a basket can be a good advice for all of the people especially for the younger.

They can take more advantages rather than it.

[ashour]

I don't think it is a good idea, because there are lots of things that young people can do with money, especially in these times where modern technologies allow us to discover multiple opportunities to invest that capital, although buying and investing a certain proportion in bitcoins is not so bad.

I think bitcoin already being a good opportunity for the young people. It has offered easy opportunities to growth your investment. If you see the ethereum founder such as vitalik and i think if he was a young founder.

But never put all of the money in a basket can be a good advice for all of the people especially for the younger.

They can take more advantages rather than it.

I think young people are more into earning bitcoins instead of investing money in it as at that age I don't think they would be in position to invest money in bitcoins as they are young it would make hard for them to find a capital for an investment so they are trying to earning different ways.

[Finestream]

I don't think it is a good idea, because there are lots of things that young people can do with money, especially in these times where modern technologies allow us to discover multiple opportunities to invest that capital, although buying and investing a certain proportion in bitcoins is not so bad.

I think bitcoin already being a good opportunity for the young people. It has offered easy opportunities to growth your investment. If you see the ethereum founder such as vitalik and i think if he was a young founder.

But never put all of the money in a basket can be a good advice for all of the people especially for the younger.

They can take more advantages rather than it.

I think young people are more into earning bitcoins instead of investing money in it as at that age I don't think they would be in position to invest money in bitcoins as they are young it would make hard for them to find a capital for an investment so they are trying to earning different ways.

Investing is one way of earning money, in fact with investing you have a decent chance to make a good amount compared to just working on online opportunities. Young people are now smarter and they are risk takers so I would not be surprise if the new trend will come that there's a big number of young millionaires in the future, bitcoin is a good source to achieve that dream.

[Yakamoto]

I don't think it is a good idea, because there are lots of things that young people can do with money, especially in these times where modern technologies allow us to discover multiple opportunities to invest that capital, although buying and investing a certain proportion in bitcoins is not so bad.

I think bitcoin already being a good opportunity for the young people. It has offered easy opportunities to growth your investment. If you see the ethereum founder such as vitalik and i think if he was a young founder.

But never put all of the money in a basket can be a good advice for all of the people especially for the younger.

They can take more advantages rather than it.

I think young people are more into earning bitcoins instead of investing money in it as at that age I don't think they would be in position to invest money in bitcoins as they are young it would make hard for them to find a capital for an investment so they are trying to earning different ways.

Investing is one way of earning money, in fact with investing you have a decent chance to make a good amount compared to just working on online opportunities. Young people are now smarter and they are risk takers so I would not be surprise if the new trend will come that there's a big number of young millionaires in the future, bitcoin is a good source to achieve that dream.

See, you'd be right when you say that there are a lot of online opportunities now, and they may be "smarter" (however less skilled overall compared to previous generations), but many of them will not be taking any risks because they are more worried about just making ends meet and not diving head-first into anything that can ruin them. The Millenials are not doing anything to make themselves more valuable, and most of them are not able to provide for what they believe is a simple or basic standard of living.

Bitcoin is the future for those who are in it right now, and the window is rapidly closing for most people outside of the community now.

[nethan1btc]

Yes, young people should go to bitcoin rather than playing more to useless games online, they should know the value of money in life so that they will be adopting it in their near future families. Most of the younger generations now is always having and easy go lucky lifestyle, always depending on their parents eventhough they had their own families and the worst cases were parents do their own responsibilities. With bitcoin, younger people will learn the ways of bitcoins and they could substancially generate profit in different ways as long as they read in the bitcointalk forum.

[Zazzu]

Young people are already into bitcoins but not sure how many total percentage of youth is into bitcoins at a moment as youth around me are not yet aware about bitcoins and even not interested in knowing it.

[crazycatwoman03]

There is no need to rush things out. At a young age, I think it is not right to throw away everything for bitcoin ( if that is what you mean ). Being young is also being risky since young people are considered the most likely to take risk without thinking thoroughly. All though it is an advantage to start at a young age, it is still best to finish studies, have a degree and enjoy life. Anyways, earning bitcoin while being a student can be done with time management and determination.

[BossMacko]

I disagree that young people should go all in on Bitcoin, In my opinion even if young people use Bitcoin they should focus more in the real world they have lots of potential in the real world than risking their money in Bitcoin waiting for it to grow more than the amount that they bought it.   

[The End Is Neigh]

I disagree that young people should go all in on Bitcoin, In my opinion even if young people use Bitcoin they should focus more in the real world they have lots of potential in the real world than risking their money in Bitcoin waiting for it to grow more than the amount that they bought it.   

Yes, even if bitcoins could be a good investment going all in on them would be a bad investment decision for anyone. Diversify to mitigate your risk.

[hankyulpark]

Every investment has its own risk level, and BTC and other cryptocurrencies are no different. You should be careful when dealing with this, and going all in sounds like a good idea if you are young, but you need to keep in mind that you can lose a great part of your investment. Caution is advised.

[iamTom123]

There seems to be no strong movement for young people who are getting into Bitcoin maybe because there is there is trend in the popular culture of giving in to easy life. Many of our youths are not thinking about investing yet or even saving money for the future. Maybe what we should encourage are young professionals who are already having a job and are not yet married...they should invest in Bitcoin instead of using their money for worthless things like new gadgets and pleasures.

[roadbits]

There seems to be no strong movement for young people who are getting into Bitcoin maybe because there is there is trend in the popular culture of giving in to easy life. Many of our youths are not thinking about investing yet or even saving money for the future. Maybe what we should encourage are young professionals who are already having a job and are not yet married...they should invest in Bitcoin instead of using their money for worthless things like new gadgets and pleasures.

I have one doubt, do you think the young people will think about their future when they are under their parents. I think no, in this age they need entertainment and having fun with friends. And they like gadgets, mobiles, etc. They will never think about their next ten year future. They only concentrate on what is tomorrow plan that's it. Most of the young people are like this, but we find some people they think about their future, this kind of people we see very less.

[theunbeatable]

93402997]
its a totally valid point that bitcoin is the perfect long term investment and if anyone can handle that then they are truly the next elites,[/b] anyway as you said if you are like us then you would go all on bitcoins currently we can not do that. its right that our parents are taking care about our charges but we have to take care about using internet and paying its bills. no bill paying and there will be no internet. we are earning lot more than our mothly internet bills but we are buying assets which can help us in studying so I see no point of us to go fully on btc

True. It's just need more perseverance and patience and a long term effort. This is just the beginning of cryptocurrencies, well it's like that it is just the beginning of the Microsoft giant where it's employee nowadays are elites so when we can handle the world of cryptocurrencies now then we have a really good future ahead.

The part of "no point of us to go fully on BTC", it is true because like me I'm just a working student and I have part time jobs and one of it is being a bitcoiner here. Sustaining my needs in school everyday is tough for me and BTC help me a lot. Pursuing career in engineering and making BTC a part time job is a very good combination.

[gabmen]

There seems to be no strong movement for young people who are getting into Bitcoin maybe because there is there is trend in the popular culture of giving in to easy life. Many of our youths are not thinking about investing yet or even saving money for the future. Maybe what we should encourage are young professionals who are already having a job and are not yet married...they should invest in Bitcoin instead of using their money for worthless things like new gadgets and pleasures.

I have one doubt, do you think the young people will think about their future when they are under their parents. I think no, in this age they need entertainment and having fun with friends. And they like gadgets, mobiles, etc. They will never think about their next ten year future. They only concentrate on what is tomorrow plan that's it. Most of the young people are like this, but we find some people they think about their future, this kind of people we see very less.

most young people but not really all. there still are thise who look into their future at an early age though I have to agree that young ones today temd to focus more on the moment rather than looking at what will happen years from now in their lives. for me, it's enough that they have savings first. they can invest on btc and other investments anyway when they feel the need for it oe realize that it's a good way to spend their money