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Author Topic: Young people should go all in on bitcoin  (Read 63412 times)
szpalata
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June 05, 2017, 10:33:37 PM
 #521

You shouldn't encourage young ones to focus or to go all in on bitcoin. No matter how great a thing was if abused it will only cause problems. They should try Bitcoin don't go all in it's only my opinion but it is still depends on one's person perspective.

Modern technology is what the young people now are into it. And bitcoin is a product of modern technology, there's nothing wrong if we will introduce bitcoin to the young ones. While they are young, it's good for them to have some knowledge about bitcoin so that they will have the idea that can earn through crypto currency.

You don't even necessarily have to learn Bitcoin because you want to earn but you can learn to use it for convenience sake. It's a currency and if you get to know how to use it to send and receive money I guess it's worth it so we can show the young ones how to use it without monetizing it for them to know.
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June 05, 2017, 10:44:46 PM
 #522

The answer is of course yes. Not just only young people go on bitcoin but also middle age and even aged people. And not only bitcoin but also other big altcoins like ethereum, ripple, waves. Cryptocurrencies are one of the best investment instrument. This investment will bring fortune for the especially young people.
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June 05, 2017, 10:56:11 PM
 #523

Wouldnt agree with the "all in" part, but yea, bitcoin and altcoins too seems for now very perspective long term investment, also very risky though.
When you young you can afford some risks, cause you have time Smiley
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June 06, 2017, 12:53:26 AM
 #524

I think not good idea to hold all your saving in Bitcoint at least, you can miss changes of  the course and go to a loss

At some point if you want a safer play then probably you are right. Dont go all in because you are in need but one thing that we should make sure is to save enough as well for investment
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June 06, 2017, 01:52:55 AM
 #525

You shouldn't encourage young ones to focus or to go all in on bitcoin. No matter how great a thing was if abused it will only cause problems. They should try Bitcoin don't go all in it's only my opinion but it is still depends on one's person perspective.

Thats exactly what they should do really, only the young can suffer the loss and risk that goes with bitcoin and can benefit most from the growth potential.   Anyone older has to be more cautious and is already preoccupied by decisions previous like most commonly a family or job which while important wont ever match the earnings potential of bitcoin if it takes off.  OBviously we know in retrospect bitcoin did take off and the point being it still needs work and could grow more, its a massive opportunity.   I think the advice is good however they should be involved not just holding because thats more for those with capital then the young who need to invest labour, ideas and effort :p

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June 06, 2017, 02:05:39 AM
 #526

I don't think anyone, regardless of age should ever go full in. That's way too risky. What will happen if the bitcoin bubble bursts? Maybe just 20% or somthing like that. You shouldn't try influence young people.


 
 
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June 06, 2017, 02:17:58 AM
 #527

You shouldn't encourage young ones to focus or to go all in on bitcoin. No matter how great a thing was if abused it will only cause problems. They should try Bitcoin don't go all in it's only my opinion but it is still depends on one's person perspective.

Modern technology is what the young people now are into it. And bitcoin is a product of modern technology, there's nothing wrong if we will introduce bitcoin to the young ones. While they are young, it's good for them to have some knowledge about bitcoin so that they will have the idea that can earn through crypto currency.

You don't even necessarily have to learn Bitcoin because you want to earn but you can learn to use it for convenience sake. It's a currency and if you get to know how to use it to send and receive money I guess it's worth it so we can show the young ones how to use it without monetizing it for them to know.

You want to earn and you need to study about it. And for those young people, they need to study it first. So that's why with what you have said of "don't even necessarily have to learn" is vague. Young people while growing needs to adopt and study this great currency. Actually there are a lot of way for them to enjoy bitcoin.

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June 06, 2017, 02:00:38 PM
 #528

Yes young people should go all in on bitcoin because young people intrested in website and internet and this is modren tichnology in modren age. Bitcoin is the easy way to earn alot of money on internet and young people want to do some thing for there parents. This is the way to fullfill alot of need of young people and to earn some additional money for there life becaue the need of money is more in young age than old age.

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June 06, 2017, 03:35:48 PM
 #529

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 would go all in with pleasure but even though I'm living with my parents I still need my money for many things and I can't invest in BTC although I'm sure it would be a right thing to do. But even if I could, 21 BTC is far from what I could buy. It's more like 1 BTC in two years.  Smiley

Just do what you want in the end there is nothing to be scared about.  Even it would take two years or more it is not like wasting your time and bitcoin because we know the value or the capability of the bitcoin.  By that time, its price would be higher.  And maybe you should try to invest in bitcoin even if it was only a little.

Thanks for the advice! Even though I can't afford buying bitcoin at least I can try not to sell what I earn. I would have almost 0.3 by now, but unfortunately I sold most of my BTC. So for me "all in" is not selling any.
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June 06, 2017, 03:48:44 PM
 #530

U need to keep your cash flow ok if u want all in.
More earlier more advantage.

But for convenience u should put some money in bank also for urgent use.
It is okay to all in with bitcoin as long as he can control him selve this is advantage of exchanging your money into bitcoin the profit you made then exchange it into fiat and put it into your bank to save some money for the future.
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June 06, 2017, 08:14:18 PM
 #531

I think young people don't have to focus entirely on bitcoin until they really understand about the banking system and national economic regulation, I mean there must be two understandings about real and virtual financial management. I worry about this because if young people are just stuck in creative economy and one financial side alone they will tend not to contribute and actively engage in development to the country's economy.

True. But it still depends on what are they interested in, let them grow by their own means. You are there to guide them. There are many factors that can change the economy of the country and no matter what our profession is, we can contribute to it. We just have to be patriotic and be nationalistic. If we become passionate of what we do ( for example cryptography, engineering, medical sciences, architecture designs ) and applied all of it code of ethics, then we wont be burden to our countrymen and to the country itself and success will be along the way.
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June 06, 2017, 08:15:15 PM
 #532

I strongly believe that everyone aged 20-40 should hold at least 1 btc. I dont think its possible with bitcoin distribution tho.
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June 06, 2017, 11:02:07 PM
 #533

Yes. Better be wise while you were still young. There's nothing wrong if you save. It's only for your future. Many would say, you have to enjoy life and buy things you want but it's probably a wise move if you save for your future. Today, you maybe dependant on your parent but in the future you must be the one to give them and bring back the things they have done for you. And I guess, you can do that if you start saving bitcoin for them.

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June 06, 2017, 11:19:26 PM
 #534

I strongly believe that everyone aged 20-40 should hold at least 1 btc. I dont think its possible with bitcoin distribution tho.

Sadly, yeah. I just hoped I invested on bitcoin 3 years earlier. I've invest so late in these digital currency. Well, all I can do now is save bitcoin and wait till I have one, though it will be a really long time before that. The good thing is, I can save some and while saving them, I am having a good profit out if it. Bitcoin price now is at $2800.
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June 06, 2017, 11:26:09 PM
 #535

Yes. Better be wise while you were still young. There's nothing wrong if you save. It's only for your future. Many would say, you have to enjoy life and buy things you want but it's probably a wise move if you save for your future. Today, you maybe dependant on your parent but in the future you must be the one to give them and bring back the things they have done for you. And I guess, you can do that if you start saving bitcoin for them.

I don't really like young people going all in in bitcoin, I mean they are young, they can do better thing than earning bitcoin, and with their naive and fresh mind, you can't expect them to do giod things. And what are you planning to do to make them earn bitcoin, join a signature campaign? Not all young people can do that. And do they even know bitcoin?

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Lumada
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June 07, 2017, 12:39:48 AM
 #536

Yes. Better be wise while you were still young. There's nothing wrong if you save. It's only for your future. Many would say, you have to enjoy life and buy things you want but it's probably a wise move if you save for your future. Today, you maybe dependant on your parent but in the future you must be the one to give them and bring back the things they have done for you. And I guess, you can do that if you start saving bitcoin for them.

I don't really like young people going all in in bitcoin, I mean they are young, they can do better thing than earning bitcoin, and with their naive and fresh mind, you can't expect them to do giod things. And what are you planning to do to make them earn bitcoin, join a signature campaign? Not all young people can do that. And do they even know bitcoin?

Once they meed money and have some for capital, they can engage in bitcoin for it will help them a lot when btc grow and when they grow.


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qwertyup23
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June 07, 2017, 01:37:46 PM
 #537

Going all in on bitcoins is a bad idea especially for young people since they have little knowledge about it. But being exposed to bitcoin at an early age may give them a huge advantage if they use it wisely in terms of investing or helping their families. Always remember that you should always think before you click or else you might regret it later on.
cryp24x
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June 07, 2017, 01:41:45 PM
 #538

You shouldn't encourage young ones to focus or to go all in on bitcoin. No matter how great a thing was if abused it will only cause problems. They should try Bitcoin don't go all in it's only my opinion but it is still depends on one's person perspective.

Modern technology is what the young people now are into it. And bitcoin is a product of modern technology, there's nothing wrong if we will introduce bitcoin to the young ones. While they are young, it's good for them to have some knowledge about bitcoin so that they will have the idea that can earn through crypto currency.

I agree that knowledge about the modern technology should be the one prioritized by young people.  And if ever they have some money to invest in this technology such as Bitcoin, they should take the opportunity since we never know that this small amount we invested today maybe worth a huge amount in the future.
pitiflin
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June 07, 2017, 02:05:53 PM
 #539

Are you trying to state here that invest everything in bitcoin? You think parents of the the young generation would allow their kids to invest in bitcoin? Most of the parents hardly believe in bitcoin as they think that it is a waste of time and they think that bitcoin is nothing but fraud,so I don't think that all parents will support their kids In investing in bitcoin .


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DevilSlayer
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June 07, 2017, 02:35:21 PM
 #540

You're correct people must go all in now. This is the best investment that we must do. The worth of the bitcoin is still continuing to goes up. I'm sure in the near future I will fulfill my dream because of the btc.
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