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Author Topic: Young people should go all in on bitcoin  (Read 63397 times)
dihari
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March 09, 2017, 07:59:15 AM
 #141

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 am 100% agree with all your statement. A young man who is got money to buy everything from their parents should save their money on bitcoin. If more teenage known bitcoin as a good investment, it will be good future for bitcoin ecosystem and themselves.

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March 09, 2017, 08:07:23 AM
 #142

I really hope that all of the teenager would invest in bitcoin so they can use it in the future,
I really regret that I didn't know bitcoin earlier if only I knew it when I was a High School student maybe I already have a huge amount of money because of bitcoin.
instead they will use all the money they have to invest in bitcoin the young man would not normally see the risk. they see possible profit will be found they will not think much about the risk Lol
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March 09, 2017, 08:13:12 AM
 #143

I dont know what kind of teenagers are or were you guys, but when I was a teenager I had no money to invest into anything. If you are talking that teenagers should earn their money on the internet I would say that they go to school and does not have time to earn money much. If you are talking that a teenager could earn money on faucets and such - ok its fine but the amount of satoshis gained is low.

Maybe there are places where there are rich teenagers with a lot of spare time, but I guess thats not the target of bitcoin community as they are not so common.

For example I was talking about the bitcoin with my nephew and he was not interested in the bitcoin and he is 16 now. I had told him two years ago about the bitcoin. He is completly not interested in buying any btc what so ever. He is such a kind of a kid with a generous grandmother but his mother takes all account what he do with that money.
There are cases and cases, I'm 17 and I'm very interessed in Bitcoin but nowadays the majority of teenagers don't care about politics or technology just about  instagram. At least where I live.  Undecided

that's true, I wanted to say a similar thing.
usually among teenagers and "young people" as OP calls them, there is so little interest in saving money let alone wanting to invest it. which is why I doubt that many consider bitcoin as an investment.
the better approach is introducing them to bitcoin as a decentralized online payment system, and show them how they can easily spend money without needing credit cards. and this can easily let them into using bitcoin.

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March 09, 2017, 08:35:17 AM
 #144

Its a good idea, I admire you for being a bitcoin die hard fans and believing that bitcoin in the near future have a better value than present well maybe but we all have no idea what will happen to bitcoin lets say 15 years from now, for me I will not go all in for bitcoin maybe 50% bitcoin and 50% on potential altcoins.  

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March 09, 2017, 09:38:33 AM
 #145

Since the young generation are the future and Bitcoin is proving to be the future of currency, I'd give my full backing for the young people to get in Bitcoin and maximize its usage to their advantage in future. I'm hopeful of a future youth with Internet access in every home or cell phone hence their adoption of Bitcoin now is in order.
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March 09, 2017, 10:06:28 AM
 #146

I think it would be better if young people divert his investment.  It is not good to go all in something that we are not sure of the future.  Speculation is not an assurance actually it is only a guess.  I think, if you are really a bitcoin enthusiast, 50% of your saving is enough to go to Bitcoin and the rest to other investment.

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DrGuns4Hands
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March 09, 2017, 12:54:31 PM
 #147

well this is reasonable but it's not good to provoke young people to stop studying and put everything on bitcoin . maybe you could be a millionaire but knowledge is more treasurable than a pack of dollars. but then again i'm still saving all i can so i can invest it on bitcoin everymonth when i get my salary every month . in that way i could save a lot of money and start a new business again.
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March 09, 2017, 01:16:25 PM
 #148

I dont know what kind of teenagers are or were you guys, but when I was a teenager I had no money to invest into anything. If you are talking that teenagers should earn their money on the internet I would say that they go to school and does not have time to earn money much. If you are talking that a teenager could earn money on faucets and such - ok its fine but the amount of satoshis gained is low.

Maybe there are places where there are rich teenagers with a lot of spare time, but I guess thats not the target of bitcoin community as they are not so common.

For example I was talking about the bitcoin with my nephew and he was not interested in the bitcoin and he is 16 now. I had told him two years ago about the bitcoin. He is completly not interested in buying any btc what so ever. He is such a kind of a kid with a generous grandmother but his mother takes all account what he do with that money.
There are cases and cases, I'm 17 and I'm very interessed in Bitcoin but nowadays the majority of teenagers don't care about politics or technology just about  instagram. At least where I live.  Undecided
And the majority of teenagers don't have money. Even those that have aren't interested in investments, economy and finances. Scratch that, they are interested in finances "dad I need a new skateboard!"  Grin
When I was a teenager I usually had no money and when I got some for my birthday or on occasion I usually spend it on computer games or pizza and movies with friends.
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March 09, 2017, 01:22:44 PM
 #149

I really hope that all of the teenager would invest in bitcoin so they can use it in the future,
I really regret that I didn't know bitcoin earlier if only I knew it when I was a High School student maybe I already have a huge amount of money because of bitcoin.

Bitcoin was introduced to me 3 months ago by an old friend and I somehow regret that I didn't know Bitcoin during my student years. I badly needed money before and I don't know how I can earn extra. If Bitcoin was introduced to me earlier, I think I'm earning much now and somehow it will help my parents to pay my school fees that time. Anyway, past is past and now I'm earning Bitcoin and I'll make sure I will take advantage of this learning and opportunity. I will try to read more and focus on investing while I am learning and earning. Young people on this generation should be engage with Bitcoin, they should learn how to earn with Bitcoin by reading stuffs in this forum.
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March 09, 2017, 03:02:47 PM
 #150

very agree with your opinion that young people should more concern for bitcoin and consider it as long term investment but unfortunately in the fact that this is hard to do because most young people not really trust in bitcoin and in my country they highly doubted holding bitcoin could makes profit for long term because they thought cryptocurrency would not last long and they consider fiat still the best

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March 09, 2017, 03:08:23 PM
 #151

For people who live in third world like Ethiopia , Africa etc bitcoin will help their finance problem but the case is different on people who live on America, Canada ,etc can spend bitcoin for fun.
I think it's depend on place whenever bitcoin can be use for investation or just spend for fun ( depend on each individual )

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March 09, 2017, 03:30:57 PM
 #152

very agree with your opinion that young people should more concern for bitcoin and consider it as long term investment but unfortunately in the fact that this is hard to do because most young people not really trust in bitcoin and in my country they highly doubted holding bitcoin could makes profit for long term because they thought cryptocurrency would not last long and they consider fiat still the best
- Yes, I think young people have too much work in a day and they will not be interested in a virtual currency. They always choose the path to college and then have a stable job, they do not believe can make money from Bitcoin or anything from the internet. I did not care about anything before, I just went to school and ate, slept and played but when my economy was in trouble, I needed  a job and then I found Bitcoin. Bitcoin has created an opportunity to change my life, maybe this is my fate and the fate that took me to Bitcoin


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peter0425
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March 09, 2017, 03:34:07 PM
 #153

For people who live in third world like Ethiopia , Africa etc bitcoin will help their finance problem but the case is different on people who live on America, Canada ,etc can spend bitcoin for fun.
I think it's depend on place whenever bitcoin can be use for investation or just spend for fun ( depend on each individual )

Third world young people look at bitcoin as actual commodity that they can earn and used and not as instrument for investment. Because we all know how wages and salary for a 3rd world country, so it they have earn bitcoin they will automatically used in at their disposal whether to buy foods and other things that will help them survived. And in the US or Europe if young people has bitcoin, they are more likely to invest in it and take the risk because maybe they can do it just for fun.

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March 09, 2017, 04:14:12 PM
 #154

I think it would be better if young people divert his investment.  It is not good to go all in something that we are not sure of the future.  Speculation is not an assurance actually it is only a guess.  I think, if you are really a bitcoin enthusiast, 50% of your saving is enough to go to Bitcoin and the rest to other investment.
50% is sufficient if you do capable of doing it without any hardships on saving up but if you do then 25-35% would be still okay and going all in is not really a good idea since we do all know theres no assurance if bitcoin would go to the way on what we expect.

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March 09, 2017, 05:08:55 PM
 #155

I dont know what kind of teenagers are or were you guys, but when I was a teenager I had no money to invest into anything. If you are talking that teenagers should earn their money on the internet I would say that they go to school and does not have time to earn money much. If you are talking that a teenager could earn money on faucets and such - ok its fine but the amount of satoshis gained is low.

Maybe there are places where there are rich teenagers with a lot of spare time, but I guess thats not the target of bitcoin community as they are not so common.

For example I was talking about the bitcoin with my nephew and he was not interested in the bitcoin and he is 16 now. I had told him two years ago about the bitcoin. He is completly not interested in buying any btc what so ever. He is such a kind of a kid with a generous grandmother but his mother takes all account what he do with that money.
There are cases and cases, I'm 17 and I'm very interessed in Bitcoin but nowadays the majority of teenagers don't care about politics or technology just about  instagram. At least where I live.  Undecided
It's not about the place where you live nowadays the teens only know or believe whatever they see on social media when we talk to them about there future they really don't care . And explaining them something like bitcoins is technically impossible as trusting today's youth is scary as i saw a 8 year old kid spend 30000$ on some game of war through in app purchases.
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March 09, 2017, 05:11:01 PM
 #156

I dont know what kind of teenagers are or were you guys, but when I was a teenager I had no money to invest into anything. If you are talking that teenagers should earn their money on the internet I would say that they go to school and does not have time to earn money much. If you are talking that a teenager could earn money on faucets and such - ok its fine but the amount of satoshis gained is low.

Maybe there are places where there are rich teenagers with a lot of spare time, but I guess thats not the target of bitcoin community as they are not so common.

For example I was talking about the bitcoin with my nephew and he was not interested in the bitcoin and he is 16 now. I had told him two years ago about the bitcoin. He is completly not interested in buying any btc what so ever. He is such a kind of a kid with a generous grandmother but his mother takes all account what he do with that money.
There are cases and cases, I'm 17 and I'm very interessed in Bitcoin but nowadays the majority of teenagers don't care about politics or technology just about  instagram. At least where I live.  Undecided

that's true, I wanted to say a similar thing.
usually among teenagers and "young people" as OP calls them, there is so little interest in saving money let alone wanting to invest it. which is why I doubt that many consider bitcoin as an investment.
the better approach is introducing them to bitcoin as a decentralized online payment system, and show them how they can easily spend money without needing credit cards. and this can easily let them into using bitcoin.

With age 17 you probably have no money since you can't even work. Im talking about people on their 20's that still live with their parents. They can have a job, and go 100% every month on bitcoin at whatever the price , so you keep buying every month, and in the long term you will have a ton of money since bitcoin can only go up long term.
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March 09, 2017, 05:19:05 PM
 #157

if younger people is like what you said, then younger people can do buy bitcoin as much as they can in monthly but i know that younger people is not much that have much of money, so i think they can buy small bitcoin first unless they have saving money and they decide to buy bitcoin directly.

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Wandering Soul~
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March 09, 2017, 05:44:32 PM
 #158

I dont know what kind of teenagers are or were you guys, but when I was a teenager I had no money to invest into anything. If you are talking that teenagers should earn their money on the internet I would say that they go to school and does not have time to earn money much. If you are talking that a teenager could earn money on faucets and such - ok its fine but the amount of satoshis gained is low.

Maybe there are places where there are rich teenagers with a lot of spare time, but I guess thats not the target of bitcoin community as they are not so common.

For example I was talking about the bitcoin with my nephew and he was not interested in the bitcoin and he is 16 now. I had told him two years ago about the bitcoin. He is completly not interested in buying any btc what so ever. He is such a kind of a kid with a generous grandmother but his mother takes all account what he do with that money.
There are cases and cases, I'm 17 and I'm very interessed in Bitcoin but nowadays the majority of teenagers don't care about politics or technology just about  instagram. At least where I live.  Undecided

that's true, I wanted to say a similar thing.
usually among teenagers and "young people" as OP calls them, there is so little interest in saving money let alone wanting to invest it. which is why I doubt that many consider bitcoin as an investment.
the better approach is introducing them to bitcoin as a decentralized online payment system, and show them how they can easily spend money without needing credit cards. and this can easily let them into using bitcoin.

With age 17 you probably have no money since you can't even work. Im talking about people on their 20's that still live with their parents. They can have a job, and go 100% every month on bitcoin at whatever the price , so you keep buying every month, and in the long term you will have a ton of money since bitcoin can only go up long term.

A great idea if you use it responsibly, Going 100% on bitcoin means that all your income will go to bitcoin right? That's a liitle rude for your parents . They are paying thousands in your school in order for you to have s stable job in exchange you have to at least be grateful cause it is a sign of responsibility and goodness .You should divide your income instead, For example 50% to bitcoin and 50% for your parents, It is just an example at the end it all depends on your income .

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chachaa
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March 09, 2017, 06:24:43 PM
 #159

I dont know what kind of teenagers are or were you guys, but when I was a teenager I had no money to invest into anything. If you are talking that teenagers should earn their money on the internet I would say that they go to school and does not have time to earn money much. If you are talking that a teenager could earn money on faucets and such - ok its fine but the amount of satoshis gained is low.

Maybe there are places where there are rich teenagers with a lot of spare time, but I guess thats not the target of bitcoin community as they are not so common.

For example I was talking about the bitcoin with my nephew and he was not interested in the bitcoin and he is 16 now. I had told him two years ago about the bitcoin. He is completly not interested in buying any btc what so ever. He is such a kind of a kid with a generous grandmother but his mother takes all account what he do with that money.
There are cases and cases, I'm 17 and I'm very interessed in Bitcoin but nowadays the majority of teenagers don't care about politics or technology just about  instagram. At least where I live.  Undecided

that's true, I wanted to say a similar thing.
usually among teenagers and "young people" as OP calls them, there is so little interest in saving money let alone wanting to invest it. which is why I doubt that many consider bitcoin as an investment.
the better approach is introducing them to bitcoin as a decentralized online payment system, and show them how they can easily spend money without needing credit cards. and this can easily let them into using bitcoin.

With age 17 you probably have no money since you can't even work. Im talking about people on their 20's that still live with their parents. They can have a job, and go 100% every month on bitcoin at whatever the price , so you keep buying every month, and in the long term you will have a ton of money since bitcoin can only go up long term.

There is no guarantee that the price will rise. You can invest all your life and get nothing. I believe in bitcoin, but do not forget that it's risky. Everyone must understand for himself what to invest in it. Young people love the Internet, which means they know more about bitcoin
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March 10, 2017, 04:13:02 AM
 #160

One thing investors love to preach is "diversification". Not putting all the eggs into one basket.

There could be other opportunities in the world as good as bitcoin early adoption.

Like for example, during the 2008 economic crisis some bank stocks went as low as $0.01.

After the bank bailout was approved, those $0.01 stocks rose to $3.00. (300x gains.)

There are many opportunities where someone could do well if they're in the right place at the right time.

Bitcoin isn't the only opportunity in the whole world.

Maybe sometimes, its good to remember that.

 Smiley
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