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Author Topic: Young people should go all in on bitcoin  (Read 63321 times)
Finestream
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May 23, 2017, 12:53:25 PM
 #341

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
I have a lot of young people who are into bitcoin and they are big risk taker, I guess being young is their advantage because they do not have big responsibilities yet and they can gamble their money up to the bigger extent. With that action, they are most likely more successful because bitcoin's success is inevitable and we have seen it in our very eyes today.

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May 23, 2017, 01:05:36 PM
 #342

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

Some young people have been thinking about their future since the age of 15. And they do not hope that someone will help them. I respect such people. They clearly know their purpose and go to it.

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May 23, 2017, 01:25:02 PM
 #343

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.
This is so true. Everything has the risk associated with it which ever asset class may be like equity, debt currency , bond market etc. All have the risk since those are depending on various factors local + global and which cannot be controlled. So its always said never put all your eggs in one basket. Distribute the amount accordingly so that you can mitigate the risk.
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May 23, 2017, 01:25:26 PM
 #344

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

Some young people have been thinking about their future since the age of 15. And they do not hope that someone will help them. I respect such people. They clearly know their purpose and go to it.

Those who wanted to earn at very young might be already here since bitcoin can be search when looking for online earning ,young people now especially those responsible enough to earn for living at young age must introduced to them bitcoin.

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May 23, 2017, 01:41:59 PM
 #345

Going all in in bitcoin and rely on parents? lol never put your egg in one basket, never invest or going all in into one thing. Yes bitcoin is good but if somehow bad thing happen, then what? you lose all your asset and will keep relying to your parent? and how much this young people could spare for bitcoin?

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May 23, 2017, 02:03:19 PM
 #346

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
I have a lot of young people who are into bitcoin and they are big risk taker, I guess being young is their advantage because they do not have big responsibilities yet and they can gamble their money up to the bigger extent. With that action, they are most likely more successful because bitcoin's success is inevitable and we have seen it in our very eyes today.

I think young people mostly the Unmarried ones has not much responsibility and they can earn save the bitcoins for their future. As soon as they will become mature, they will be having a lot of bitcoins with them and consider if anyone has 10 bitcoins and the price of 1 bitcoin near 10K after 10 years, make the today's young people a secure future for tomorrow.

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May 23, 2017, 02:25:35 PM
 #347

I think young people mostly the Unmarried ones has not much responsibility and they can earn save the bitcoins for their future. As soon as they will become mature, they will be having a lot of bitcoins with them and consider if anyone has 10 bitcoins and the price of 1 bitcoin near 10K after 10 years, make the today's young people a secure future for tomorrow.
Do you know why there was a major pump and dump in the alt coin market a few months back,it is simply because the traders are not that experienced and they only want to make a quick buck but now things have changed drastically ,it is because major investors are coming into the market and it is not possible to see a major correction unless these investors wanted to book their profit.So having maturity is a good thing if you are looking to make some nominal profit,but you need to be an established trader to make some huge profit.
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May 23, 2017, 02:29:46 PM
 #348

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.

If you have some disposable income, it's not a bad idea to put some into bitcoins. The sooner the better because the price just keeps going up endlessly.

 
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May 23, 2017, 03:55:22 PM
 #349

Going all in in bitcoin and rely on parents? lol never put your egg in one basket, never invest or going all in into one thing. Yes bitcoin is good but if somehow bad thing happen, then what? you lose all your asset and will keep relying to your parent? and how much this young people could spare for bitcoin?

They don't really have to buy Bitcoin but rather earn it like here -- posting. But also it is good to buy Bitcoin and await for the rise of its price though it is not needed to go all in actually but rather than a portion since you have other expenses. You can spare some money for fun and save some of it in Bitcoin. That I think is a win-win situation for them and a wise enough decision.
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May 23, 2017, 04:12:27 PM
 #350

If they don't have tutor maybe they are just wrecking their lives bitcoin is not a game where they can earn money for it they need to face too much risk from using this also they will knew about gambling. But when bitcoin introduce them well then let's support them well too.

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May 23, 2017, 04:17:19 PM
 #351

You cant tell then what they want with their money.
Young people this is just a suggestion dont take it seriously. Enjoy your lives as a young one. Dont be burden with such things.
If you really want to invest your money with bitcoin do it at your own accord.

If there are things you needed to buy for your own usage. Spend it.

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May 23, 2017, 07:44:08 PM
 #352

If they don't have tutor maybe they are just wrecking their lives bitcoin is not a game where they can earn money for it they need to face too much risk from using this also they will knew about gambling. But when bitcoin introduce them well then let's support them well too.

Young people needs mentoring. I remember my Uncle back in the days saying this to me if I made a mistake. You need guidance in your life so that we will succeed. So bitcoin is no different. We should teach our kids or someone we care of so that they will have a good life in the future. We should tell them about investing at a young age and will support them even if they make mistakes a long the way.

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JoMarrah Iarim Dan
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May 23, 2017, 08:35:29 PM
 #353

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.

Bitcoin is a great help but not everyone will understand bitcoin easily especially to non readers. Another thing is bitcoin needs internet connection but not all places here in the Philippines have a good internet connection especially to provinces so bitcoin is still not possible.

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Superways
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May 23, 2017, 10:06:21 PM
 #354

I am earning myself and I am a young person and I am following your suggestion before your post here as I am sure that the price of bitcoin will increase higher in the future and if we will have some bitcoins from now then we will earn a high profit from it in the future and we will be millionaire and then we can start a business with that money.
bartolo
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May 23, 2017, 10:46:11 PM
 #355

Young people is not going to invest all their money in anything thinking about the future because they need it now for their plans. Even if they live with their parents they will want to travel, go party and at one point rent a house. But still they could make small monthly investments. Take the amount they spend on a weekend or a small part of their salary and buy bitcoin every month to have it stored as a kind of pension plan or investment fund looking to the future. If the price continues to rise over the years they will obtain a good profitability.
avikz
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May 23, 2017, 11:09:55 PM
 #356

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 somewhat agree with that, but won't recommend 100% to bitcoin. However, considering the young age, you may want to go for a bigger percentage of your pocket money to be invested in bitcoin. But it is always better to have some liquid cash in hand to meet any urgent expenses that may come up for any reason.

Invest a major percentage of your pocket money in bitcoin which may reward you suitably because bitcoin has a huge upside potential if you can save up a significant amount, you may fund your future education with it. Also remember, education has no substitute. The more you educate yourself, the more return you will get in your future. 

poplolnman
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May 23, 2017, 11:22:18 PM
 #357

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.
This is so true. Everything has the risk associated with it which ever asset class may be like equity, debt currency , bond market etc. All have the risk since those are depending on various factors local + global and which cannot be controlled. So its always said never put all your eggs in one basket. Distribute the amount accordingly so that you can mitigate the risk.

young people usually have a high and wild emotion , they are indeed always on fire, full of passion and have a high curiosity. not surprising if then they are go allin to do anything include invest in something like bitcoin. but yeah never be a good idea to do that as you need to manage your bankroll and some risk management to make your investment didn't end up in vain.

I'm in 400,000 euros debt , dont help me , i rather die
HatakeKakashi
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May 23, 2017, 11:40:43 PM
 #358

Young people is not going to invest all their money in anything thinking about the future because they need it now for their plans. Even if they live with their parents they will want to travel, go party and at one point rent a house. But still they could make small monthly investments. Take the amount they spend on a weekend or a small part of their salary and buy bitcoin every month to have it stored as a kind of pension plan or investment fund looking to the future. If the price continues to rise over the years they will obtain a good profitability.
Agree, I think not all young people invest their money because many young people as of now wants to travel go to place or vacations, party and many more. Im student and Im minor also but I invest in bitcoin when i see the price is good to buy before I save my allowance to buy bitcoin but as of now all my allowance is from bitcoin and all my allowance from parents are save in banks. Those young age wants to start in bitcoin world can save their wallet so they can invest bitcoin and make money also.

 
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May 24, 2017, 12:10:53 AM
Last edit: May 24, 2017, 06:13:51 PM by MissGrey
 #359

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.
This is so true. Everything has the risk associated with it which ever asset class may be like equity, debt currency , bond market etc. All have the risk since those are depending on various factors local + global and which cannot be controlled. So its always said never put all your eggs in one basket. Distribute the amount accordingly so that you can mitigate the risk.

young people usually have a high and wild emotion , they are indeed always on fire, full of passion and have a high curiosity. not surprising if then they are go allin to do anything include invest in something like bitcoin. but yeah never be a good idea to do that as you need to manage your bankroll and some risk management to make your investment didn't end up in vain.

Well, I had read this thread a while ago in a certain way this thread motivated me to buy some Alts. I'm young and I just can buy a bit, but for the moments the profits have been good and I'm very glad for this. The currency of my country is very devaluated and I'm I think for a young person is better that invest in Btc, other cryptocurrencies and don't that his fiat continue devaluing here
Casabrandy
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May 24, 2017, 12:43:00 AM
 #360

We
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.
This is so true. Everything has the risk associated with it which ever asset class may be like equity, debt currency , bond market etc. All have the risk since those are depending on various factors local + global and which cannot be controlled. So its always said never put all your eggs in one basket. Distribute the amount accordingly so that you can mitigate the risk.

young people usually have a high and wild emotion , they are indeed always on fire, full of passion and have a high curiosity. not surprising if then they are go allin to do anything include invest in something like bitcoin. but yeah never be a good idea to do that as you need to manage your bankroll and some risk management to make your investment didn't end up in vain.

Well, I had read this thread a while ago in a certain way this thread motivated me to buy some Alts. I'm young and I just can buy a bit, but for the moments the profits have been good and I'm very glad for this. The currency of my country is very devaluated and I'm I think for a young person is better that invest in Btc, other cryptocurrencies and don't that his fiat continue devaluing here

Thats good start investing now for it will benefit you more in future, just how those bitcoiners who are able to biy they wants for they invested here in bitcoin since before .

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