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Author Topic: Young people should go all in on bitcoin  (Read 63321 times)
Chyton
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July 14, 2017, 01:29:06 PM
 #761

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, but still you should be aware about going all in. You should still be responsible on the things you are doing. BTC indeed can really help you a lot in terms of finance but you don't have to put your whole life in it. Yes, it may give you a lot of profit in the future but you should not miss enjoying your young years by just earning bitcoin. Keep on studying and get a stable job because we do not know what will happen in the future with bitcoins.

I agree, you should think BTC as risky investment don't put all of your eggs in one basket. Keep studying, read books, try to network, and get yourself a job. You should typically save, invest, and wait patiently.

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July 14, 2017, 06:11:04 PM
 #762

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, but still you should be aware about going all in. You should still be responsible on the things you are doing. BTC indeed can really help you a lot in terms of finance but you don't have to put your whole life in it. Yes, it may give you a lot of profit in the future but you should not miss enjoying your young years by just earning bitcoin. Keep on studying and get a stable job because we do not know what will happen in the future with bitcoins.

I agree, you should think BTC as risky investment don't put all of your eggs in one basket. Keep studying, read books, try to network, and get yourself a job. You should typically save, invest, and wait patiently.
It has an higher risk than lets say bonds or stocks, but for those that do not have much then it is the opportunity of a lifetime, if bitcoin does in fact becomes as big as we think it could become then the current price is a bargain, that is why some are undecided about what to do, do they invest a small part of their savings? Or do they go all in?

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July 14, 2017, 08:25:49 PM
 #763

I think that teaching bitcoin to young children is not good. They must focus on study first than doing bitcoin. I think the best age to use bitcoin is within teenage. Bitcoin was a big help for teenagers like me because we need it to sustain our financial needs.
Teaching to the one who is interested into the digital currencies without any age restrictions seem to be the right decision. As mentioned teenagers require lot of financial assistance at that age. So by that time rather than depending upon parents managing thyself is the best and bitcoin helps for this.  So young people going full on bitcoin is good for growth.
But concerning about long term holding of bitcoins is basically dealing with age of users and that is the reason different age group of people might be needing different level of awareness on bitcoin adoption is prescribed. I do see this must be a usual practice we can see with any system. But choices should be made available for the people to decide themselves as that must be their basic rights.
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July 14, 2017, 09:40:34 PM
 #764

I think that teaching bitcoin to young children is not good. They must focus on study first than doing bitcoin. I think the best age to use bitcoin is within teenage. Bitcoin was a big help for teenagers like me because we need it to sustain our financial needs.
i think there is nothing wrong to teach bitcoin to young people but i think it is useless, because young people have nothing to do with bitcoin, because currently people are using bitcoin only for investment purpose and not for buying and selling purposes. therefore they need to wait tell bitcoin become so much familiar that all the local shops also start accepting bitcoin from their customers.
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July 14, 2017, 10:10:24 PM
 #765

I think that teaching bitcoin to young children is not good. They must focus on study first than doing bitcoin. I think the best age to use bitcoin is within teenage. Bitcoin was a big help for teenagers like me because we need it to sustain our financial needs.
i think there is nothing wrong to teach bitcoin to young people but i think it is useless, because young people have nothing to do with bitcoin, because currently people are using bitcoin only for investment purpose and not for buying and selling purposes. therefore they need to wait tell bitcoin become so much familiar that all the local shops also start accepting bitcoin from their customers.

And I think that from early childhood it is necessary to teach children investment and understanding about finances. This is not taught at school or college. They teach you how to work for an employer and get paid. We need to show our children that there is another way, that the crypto currency can give financial freedom
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July 15, 2017, 12:00:01 AM
 #766

A great idea of ​​young people should know bitcoin and make it a future savings. They are almost all the time so they will appreciate the importance of money.
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July 15, 2017, 03:39:50 AM
 #767

A great idea of ​​young people should know bitcoin and make it a future savings. They are almost all the time so they will appreciate the importance of money.
a good idea for them to know what bitcoins is ,however to not know what happens everytime in bitcoins can lead them to lose their money .Its not a good idea to put all their money in bitcoins even they just ask it to their parents .Spending all your assets in bitcoins is a totally big risk.


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July 15, 2017, 04:04:31 AM
 #768

I think that teaching bitcoin to young children is not good. They must focus on study first than doing bitcoin. I think the best age to use bitcoin is within teenage. Bitcoin was a big help for teenagers like me because we need it to sustain our financial needs.
i think there is nothing wrong to teach bitcoin to young people but i think it is useless, because young people have nothing to do with bitcoin, because currently people are using bitcoin only for investment purpose and not for buying and selling purposes. therefore they need to wait tell bitcoin become so much familiar that all the local shops also start accepting bitcoin from their customers.

And I think that from early childhood it is necessary to teach children investment and understanding about finances. This is not taught at school or college. They teach you how to work for an employer and get paid. We need to show our children that there is another way, that the crypto currency can give financial freedom

Yah. i also think that we should't limit the young people just because they're young---obviously i'm talking about 15+ of age not children ages 4+, come on people.

i think if they'd showed interest on it you can say that they have something to do with it lol. And bitcoin is not only for investment. its a currency, a money, they are many ways

to spend it and to earn money with it. well its true that it might not be that widely accepted now but who knows in the future. bottomline is the knowledge about bitcoin or

cryptocurrencies is not really a loss it'll always be an advantage.

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July 15, 2017, 04:39:49 AM
 #769

A great idea of ​​young people should know bitcoin and make it a future savings. They are almost all the time so they will appreciate the importance of money.
a good idea for them to know what bitcoins is ,however to not know what happens everytime in bitcoins can lead them to lose their money .Its not a good idea to put all their money in bitcoins even they just ask it to their parents .Spending all your assets in bitcoins is a totally big risk.
forums and cryptocurrency services give a good boost to young ones who want to earn money by  them self but they do not have enough knowledge to work in different IT field.youngone should focus more on learning blockchain as blockchain developers and related field job will going to boom in upcoming years,it will help them to get good financial support for long term.
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July 15, 2017, 04:51:05 AM
 #770

A great idea of ​​young people should know bitcoin and make it a future savings. They are almost all the time so they will appreciate the importance of money.

Yes, start when you are young, you know millenials now are so lucky because financial literacy, investments forum are now spreading every where and for me this is the best time for them to participate in the market. Saving bitcoin today will surely help them to secure their future, teach your kids now. Smiley
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July 15, 2017, 02:54:25 PM
 #771

A great idea of ​​young people should know bitcoin and make it a future savings. They are almost all the time so they will appreciate the importance of money.
a good idea for them to know what bitcoins is ,however to not know what happens everytime in bitcoins can lead them to lose their money .Its not a good idea to put all their money in bitcoins even they just ask it to their parents .Spending all your assets in bitcoins is a totally big risk.

Who told bitcoin is a risky one.Their is not such a risk on Investing your money on bitcoin.Only you have to sell your bitcoin on correct time to get good returns. Many use to sell his  bitcoin due to personal reasons. Such a thing is bad idea. If you try that means. Your money will loss

 
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July 15, 2017, 02:58:01 PM
 #772

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.

Thanks for advice, from this month I am trying to get bitcoin little by little from my own money or opportunity on online like in here Bitcointalk forum and saving it. I hope in future I have enough bitcoin to support my adulthood ..
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July 15, 2017, 03:28:32 PM
Last edit: July 18, 2017, 07:52:05 PM by South Park
 #773

A great idea of ​​young people should know bitcoin and make it a future savings. They are almost all the time so they will appreciate the importance of money.

Yes, start when you are young, you know millenials now are so lucky because financial literacy, investments forum are now spreading every where and for me this is the best time for them to participate in the market. Saving bitcoin today will surely help them to secure their future, teach your kids now. Smiley
The problems with millennials is that even if they have such a huge amount of information at their fingertips most of the time they decide to not make use of this, and that is such a shame since they could reach financial freedom at a very young age if they just took the time and effort to make the right investments.

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July 15, 2017, 05:42:04 PM
 #774

If we think logically, teaching bitcoin unto young ones are not good. They must focus on their study rather than that. They are not so good and knowlegeable enough to deal on this. The best age to start bitcoin is within teenage years, I belive they are much responsible.
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July 15, 2017, 09:59:32 PM
 #775

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.
The problem is you are putting all your eggs in one basket and while it could turn out to be great at the end there is a reasonable chance you will end up broke that is why it is never a good idea to go all in especially in something as changeable as bitcoin.

As long people know about investing, Bitcoins serves as a stepping stone for young ages. This will try to cope them up in early stages. Even though they have many focusses in life. This will challenge and change their life in an instance

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July 15, 2017, 10:14:10 PM
 #776

Me: hey mom, im going out with some friends to catch a movie
Mom: Have fun, you can use your spare money yourself on the movie ticket
Me: Yeah, I don't have any money
Mom: What you had like 800$ on your bank account, what happened
Me: Well, I invested it all in bitcoins
Mom: Well, can't you sell some bitcoins again?
Me: Nahhh, the bitcoin value has gone down by 20%, I don't wanna sell now, I bet it'll go up again soon
Mom: Well, you ain't getting money for that movie by me, you did this to yourself

who cares
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July 15, 2017, 10:26:03 PM
 #777

If we think logically, teaching bitcoin unto young ones are not good. They must focus on their study rather than that. They are not so good and knowlegeable enough to deal on this. The best age to start bitcoin is within teenage years, I belive they are much responsible.

It is not really good, we all know that they must be really focus on their studies. There are a lot of people here that have their own family and they want their children to make a living out of earning digital currencies which seems like they are saying that they want their children to dream low instead of dreaming high.
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July 15, 2017, 11:09:28 PM
 #778

Me: hey mom, im going out with some friends to catch a movie
Mom: Have fun, you can use your spare money yourself on the movie ticket
Me: Yeah, I don't have any money
Mom: What you had like 800$ on your bank account, what happened
Me: Well, I invested it all in bitcoins
Mom: Well, can't you sell some bitcoins again?
Me: Nahhh, the bitcoin value has gone down by 20%, I don't wanna sell now, I bet it'll go up again soon
Mom: Well, you ain't getting money for that movie by me, you did this to yourself

A good example of how young people will do when they will be introduced in investing on bitcoin. They are naive and their minds are still stock somewhere, they are not ready to take on that kind of job at that young age but, there are some young people who are exempted.

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July 16, 2017, 03:03:12 AM
 #779

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 like the fact about bitcoin that it can help you a lot to earn your own money but teaching the kids about it is not good. They need to focus on their study and enjoy their life when they are still young.
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July 16, 2017, 03:10:11 AM
 #780

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 like the fact about bitcoin that it can help you a lot to earn your own money but teaching the kids about it is not good. They need to focus on their study and enjoy their life when they are still young.
I think you have to teach about bitcoin to those who are in an appropriate age. Maybe around 18 years old and up, when they are of legal age already. Let the kids enjoy playing around. But if the young one is really eager to learn about bitcoin, teach him or her the basics and let him or her research about it but with your guidance of course.
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