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Author Topic: Young people should go all in on bitcoin  (Read 63397 times)
ghostunicorn
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June 23, 2017, 12:29:27 AM
 #601

young people shouldn't go all in with bitcoin since they don't have enough experience on what to do with their bitcoins to be honest if they don;t have knowledge they don't know what they are doing and they will just waste their money for nothing it its like throwing money into garbage for no reason.

Saying youngsters have to go all in on bitcoin is wrong. You also addressed the problematic side of the statement very well. They first need to get experienced about bitcoin, then they can decide what to do next.
CARrency
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June 23, 2017, 12:41:40 AM
 #602

young people shouldn't go all in with bitcoin since they don't have enough experience on what to do with their bitcoins to be honest if they don;t have knowledge they don't know what they are doing and they will just waste their money for nothing it its like throwing money into garbage for no reason.

Saying youngsters have to go all in on bitcoin is wrong. You also addressed the problematic side of the statement very well. They first need to get experienced about bitcoin, then they can decide what to do next.

He said young people shouldn't go all in on bitcoin, your opposing him but you are on the same side. Though young people shouldn't go all in on bitcoin, I mean really, because these yuong people should be in school taking classes and learning lessions from their teacher. Yes it will be good for them to take it now than in the future, but they can miss a lot of opportunities when you let them focus on one thing.

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KnightElite
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June 23, 2017, 12:54:18 AM
 #603

young people shouldn't go all in with bitcoin since they don't have enough experience on what to do with their bitcoins to be honest if they don;t have knowledge they don't know what they are doing and they will just waste their money for nothing it its like throwing money into garbage for no reason.
You have a good point. Young people must be aware first to what is the bitcoin. They must know a lot of information about the bitcoin before they invest. Young people must study first about the cryptocurrency.
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June 23, 2017, 01:26:33 AM
 #604

young people shouldn't go all in with bitcoin since they don't have enough experience on what to do with their bitcoins to be honest if they don;t have knowledge they don't know what they are doing and they will just waste their money for nothing it its like throwing money into garbage for no reason.
You have a good point. Young people must be aware first to what is the bitcoin. They must know a lot of information about the bitcoin before they invest. Young people must study first about the cryptocurrency.
Spending totally all your funds in bitcoins is not good although bitcoins created a big opportunity ,maybe bitcoins yes but the other factors like wallets etc. That we need to know before investing .I agree that they should know first a much informations so that they can handle well their investments.


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Anegg
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June 23, 2017, 01:41:45 AM
 #605

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.

Never ever go all in on something. What if that investment flops and you lose your money. It is always good to diversify your portfolio so there is less risk. Also it is illegal to buy Bitcoin when you are below the age of 18 in some countries. It's also just too risky to do that and young people don't have that much money to lose anyway

 
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June 23, 2017, 05:18:05 AM
 #606

young people shouldn't go all in with bitcoin since they don't have enough experience on what to do with their bitcoins to be honest if they don;t have knowledge they don't know what they are doing and they will just waste their money for nothing it its like throwing money into garbage for no reason.
Why not? I have a brother and he is a young people (not enough 18 age) but he still earning 1-2k$ every month from BTC. He have more experience and knowledge about cryptocurrency not only Bitcoin! About reason for use money earned, me and him are want have a job and stable income for help our family and our life!




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June 23, 2017, 06:18:50 AM
 #607

young people shouldn't go all in with bitcoin since they don't have enough experience on what to do with their bitcoins to be honest if they don;t have knowledge they don't know what they are doing and they will just waste their money for nothing it its like throwing money into garbage for no reason.
Why not? I have a brother and he is a young people (not enough 18 age) but he still earning 1-2k$ every month from BTC. He have more experience and knowledge about cryptocurrency not only Bitcoin! About reason for use money earned, me and him are want have a job and stable income for help our family and our life!
This is good. Actually, the young people should go all in on Bitcoin because nowadays many people are making a profit in bitcoin. It's not giving a loss to anyone. So if they invest their money in bitcoin, it will help them when they need money in future. According to so many article and experts prediction, the bitcoin price will increase more in future so according to investing in bitcoin is worth.
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June 23, 2017, 06:29:55 AM
 #608

young people shouldn't go all in with bitcoin since they don't have enough experience on what to do with their bitcoins to be honest if they don;t have knowledge they don't know what they are doing and they will just waste their money for nothing it its like throwing money into garbage for no reason.
Why not? I have a brother and he is a young people (not enough 18 age) but he still earning 1-2k$ every month from BTC. He have more experience and knowledge about cryptocurrency not only Bitcoin! About reason for use money earned, me and him are want have a job and stable income for help our family and our life!
This is good. Actually, the young people should go all in on Bitcoin because nowadays many people are making a profit in bitcoin. It's not giving a loss to anyone. So if they invest their money in bitcoin, it will help them when they need money in future. According to so many article and experts prediction, the bitcoin price will increase more in future so according to investing in bitcoin is worth.
But that shouldn't stop them from investing in other instruments or putting a little something into savings, maybe as fiat or their local currency. The risk will always be there that today's price could fall way below, and if that happen, one should have other alternatives or safe havens for their hard earned money. Even if you are earning a lot today by way of bitcoin, it wouldn't hurt to keep something on the safe and less risky side.
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June 23, 2017, 06:44:52 AM
 #609

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.
This is really a cool thing to say but still the reality is not the same as you said , here I am still a useless student and of age 18 or 19 near , but making earnings only with the Bitcoin , since my parents don't know about Bitcoin but still they are not giving me any penny amount of money , I mean to say pocket money . So how we can live our life with the no money and only investment in the Bitcoin .
So here my thinking in the Bitcoin is that make earnings and enjoy life fully .
But always save 10% of your earnings in the Bitcoin and this will grow into thousands of the times after 10 years .
And also I am doing the same , because I can deposit external investment. In Bitcoin because I have no other sources  of earnings .

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omonuyak
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June 23, 2017, 07:30:23 AM
 #610

I have seen how bitcoin has created great employment and many investors are make millions from bitcoin annually. I read a story of a young man who invest $1,000 in 2011 and now his investment worth over $880k. Young people investing bitcoin is the only they can get financial freedom.
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June 23, 2017, 07:43:06 AM
 #611

young people shouldn't go all in with bitcoin since they don't have enough experience on what to do with their bitcoins to be honest if they don;t have knowledge they don't know what they are doing and they will just waste their money for nothing it its like throwing money into garbage for no reason.
Why not? I have a brother and he is a young people (not enough 18 age) but he still earning 1-2k$ every month from BTC. He have more experience and knowledge about cryptocurrency not only Bitcoin! About reason for use money earned, me and him are want have a job and stable income for help our family and our life!
This is good. Actually, the young people should go all in on Bitcoin because nowadays many people are making a profit in bitcoin. It's not giving a loss to anyone. So if they invest their money in bitcoin, it will help them when they need money in future. According to so many article and experts prediction, the bitcoin price will increase more in future so according to investing in bitcoin is worth.

Indeed, there is a great possibility that the price of bitcoin in the future will be higher and using your money in bitcoin will be a good investment. If the idea of all young people should go all in with bitcoin means that they would have to leave everything for bitcoin then I disagree with that.

For me, a young age is a great advantage to start understanding what bitcoin is and learning how to earn and manage bitcoin but still, a good educational background and having an educational degree in life is the greatest gift that you can have. Nothing is more important than being an educated person. Being an educated person will be your tool to face whatever problem you might have in the future.

Young people can still do their studies while earning bitcoin at the same time. If ever that your parents does not give you money, then consider it as a challenge for you to finish your studies by yourself and then use bitcoin to help you financially.

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June 23, 2017, 03:27:09 PM
 #612

I have seen how bitcoin has created great employment and many investors are make millions from bitcoin annually. I read a story of a young man who invest $1,000 in 2011 and now his investment worth over $880k. Young people investing bitcoin is the only they can get financial freedom.
yes  bitcoin is the only sources of income which provid independ life. Now a day every young people use bitcoin and bitcoin full facilitate him/her and thier families  they earn alot of income from bitcoin ans invest more money and  gain alot of profit  thats why young people more attract to the bitcoin.

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June 25, 2017, 08:43:54 AM
 #613

I have seen how bitcoin has created great employment and many investors are make millions from bitcoin annually. I read a story of a young man who invest $1,000 in 2011 and now his investment worth over $880k. Young people investing bitcoin is the only they can get financial freedom.
yes  bitcoin is the only sources of income which provid independ life. Now a day every young people use bitcoin and bitcoin full facilitate him/her and thier families  they earn alot of income from bitcoin ans invest more money and  gain alot of profit  thats why young people more attract to the bitcoin.

Yeah, I watched a video about that and I envy him for knowing bitcoin at that time. Bitcoin’s price was the lowest at that time and fewer people knows about bitcoin then. He is indeed smart for choosing to invest in bitcoin at early age, he risked his money without the assurance that it will grow. He believed in bitcoin and bitcoin gave him a gift for that. Now that bitcoin’s price is over 2000 USD, it is very hard to buy bitcoin and I really do wish that I have known bitcoin when it is affordable.

Now, I am trying my best to earn bitcoin. I saved all my earnings to be able to invest someday.

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June 25, 2017, 11:32:40 AM
 #614

I have seen how bitcoin has created great employment and many investors are make millions from bitcoin annually. I read a story of a young man who invest $1,000 in 2011 and now his investment worth over $880k. Young people investing bitcoin is the only they can get financial freedom.
yes  bitcoin is the only sources of income which provid independ life. Now a day every young people use bitcoin and bitcoin full facilitate him/her and thier families  they earn alot of income from bitcoin ans invest more money and  gain alot of profit  thats why young people more attract to the bitcoin.

Yeah, I watched a video about that and I envy him for knowing bitcoin at that time. Bitcoin’s price was the lowest at that time and fewer people knows about bitcoin then. He is indeed smart for choosing to invest in bitcoin at early age, he risked his money without the assurance that it will grow. He believed in bitcoin and bitcoin gave him a gift for that. Now that bitcoin’s price is over 2000 USD, it is very hard to buy bitcoin and I really do wish that I have known bitcoin when it is affordable.

Now, I am trying my best to earn bitcoin. I saved all my earnings to be able to invest someday.


Those people who were able to buy and keep btcs from back when it still at its lowest made a risk and the risk they did proved to be a good gamble. It could've gone either way and they may have ended up losing money had btc not proven to be this successful. But i think it's not too late for us who've just discovered btc recently. Though it may not be as big as for as as for those who started earlier, more and more people are now jumping in which means there's a big chance we could still earn a lot.


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June 25, 2017, 07:42:11 PM
 #615

All in might give good return, but it depends how much he/she can acquire. As the price is quite high compared to previous times, profit won't be much for young peoples. Though its never late than never, so one can always continue to collect BTC.
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June 26, 2017, 01:25:59 AM
 #616

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.

It may be right, but I think you are just provoking young people. They decide what they want to do.And parents will not accept this way unless the parents are also doing these kind of living. But it is really risky trusting in this digital currency.


true. many young people spend their money in everything he wants  and they don't know how to invest and keep money to use in future.. its better if young people know btc because they have chance to get extra income and to save money to use in future .

Young people tend to do that because they don't have responsibility yet so they buy everything they want. There are only few young people who knows the value of money and how they can benefit if only they save it for future purposes.

Well i doubt many younger generation would share your outlook. We've all been in that stage where fun and curiosity are the things that we look forward to. And i don't think a lot of young people would be interested in investments. That will dawn upon them when they start to earn their own money
People are as responsible as they have to be, most young people can afford to not be as responsible for the simple fact they do not have wife, kids and other responsibilities, but at the same time some young people abuse of this and never grow up thinking they are going to be young forever and this is not the case, so they may end up wasting a lot of time
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June 26, 2017, 07:59:41 AM
 #617

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 think its fine to invest some. But to put it all in let the young people think for themselves. Some are still testing the waters out, mind you bitcoin is not something they teach you at school or in an economics class. That is why everything is new and foreign and maybe scary for some. Let them try it out first and when they get the taste let them decide if this is for the long term
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June 26, 2017, 08:03:56 AM
 #618

You can start earning with bitcoin at any age, no matter where and with whom you live. This currency is a new generation and you must not miss the opportunity to earn money.

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June 26, 2017, 08:18:41 AM
 #619

Since bitcoin is a decentralized currency. There is no central entity that stores or controls bitcoin.
It does not have a central entity which means no entity can inflate a bitcoin price or devalue by manipulating inventory. So many other proven benefits in the bitcoin world.

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June 26, 2017, 08:28:36 AM
 #620

Since bitcoin is a decentralized currency. There is no central entity that stores or controls bitcoin.
It does not have a central entity which means no entity can inflate a bitcoin price or devalue by manipulating inventory. So many other proven benefits in the bitcoin world.

There is an opinion that the cost of bitcoin can be manipulated. And this is done by those people who have a large number of coins in their possession. It happens everywhere - who has wealth and manages the situation on the market

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