Young people should go all in on bitcoin

[Tubig]

Yes if bitcoin is not die 

Of course. They must invest while they're young. Instead of wasting time, they must make time or find time for Bitcoin

[Theb]

You should move your thread to the trading discussion.

In your opinion young people should risk all their money into bitcoin, but investment rules say that you should never put all your assets into one basket and despite of this, young people have a higher need for money than older people.

Young people want to have a car and a girl friend and enjoy their life more intensively like older people who already enjoyed their lifes.

If your advice was for old people, then it would be more realistic.

That is the wrong thing for a person to make a goal about. You are investing because you want to have financial freedom in the future and if a person is just investing just to spend all of his or her earnings to buy non-essential things will make your investment worthless. If you are an investor you must focus on the long-term goal, what I mean about that is you must look ahead on preparing the life you will want until you retire. I would like to point out that diversifying your capital to multiple investment is not a bad thing if you are looking to lessen your losses, but it will certainly affect your money in terms of maximizing its return.

[Difftic]

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.

For us it is okay if we are starting a bitcoin to raise money for the future and if there is a need for ourselves we can buy and do not ask our parents and if we earn that we can You can still help them with their needs.

[Kisanaq]

Bitcoin has brought many positive changes, everyone who knows bitcoin already feel the profit even many who become instant millionaire even many success stories from young people because bitcoin investment.

[cryptoking710]

Yes for young people as part of a balanced investment portfolio bitcoin would be a good idea...

But you try and convince the average young person to save for the future lol

[Malaya]

Surely bitcoin has made an impact to thousands of people worldwide. People have earned greatly because of it. Many of them took a lot of patience and endurance in terms of investing and trading it in the market. For the young ones it could be also a good avenues for them to start on it and work hard for it as well.

[Ejanend]

Bitcoin has brought many positive changes, everyone who knows bitcoin already feel the profit even many who become instant millionaire even many success stories from young people because bitcoin investment.

Bitcoin is the digital currency and it is the time when we can earn through bitcoin modern and new technologies are making the young generation so sharp and active minded so bitcoin is the kid of new technology so! There is nothing wrong in teaching bitcoin to the young people and the new generation as they are our future so it is good for them to store knowledge about bitcoin for the coming days so it will help them to earn money.

[Gabrieelle]

There are a lot of stories telling that you'll be a millionaire now if you bought bitcoins way back. I guess if young people have the money to buy some bitcoin and invest to bitcoin it will be good for their future. Bitcoin helped a lot of people and there are more and more people trying to understand bitcoin each passing day.

[fredo123]

We cannot forced them to dig in to bitcoins, it depends upon their field of interest then there they go. There are instances that we cannot rely all our money through bitcoin because of its characteristics of being volatility and its too risky to assume more on positive sides about bitcoin, but for those who have strong fate about bitcoins its up to them to decide as long they are aware of the possibilities goes after. One thing i know to become successful in any field of industry, hard work, resistance, and passion

[allthingsluxury]

I think this is not a good idea. You never know what will happen. Putting a portion of your savings into BTC, on a dollar cost averaged basis? Yes, that would be incredibly smart.

[wolf89874]

Go all in is not a good stragedy. Remember this one : "Do not put all your resources in one possibility." So "all in" is not fit. You should spend a half or 1/3 of your property to bitcoin. Do business or trading to make more BTC from your own property.

[slashz9]

just because its 4-year performance does not mean bitcoin will not go down, bitcoin is a value, he could suddenly come down after going so drastic.

[StarofBTC]

If the young ones are still students then for me, they can go along with bitcoins but not all the time that leads them to loss their interest on their studies. They can still take it as a part time because education is very important for them to be proffessional on their future. Bitcoin is already exisiting and it is only there now, you can visit it anytime you wanted and make investments either short or long run.

Students should not waste their important time on earning extra pocket money for themselves when they are already taking enough from their parents but yes if they are financially suffering much, they should try their luck with bitcoins but maintaining good balance between studies and bitcoins working.

[poisonivy77]

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 depends on the priorities of the young ones. They should not go into bitcoins full time they could forget about learning which is more important. It is not bad to enter in this cryptocurrency stuff but depending on it while you're still young is a no learn to take your priorities on top.

[FrannWilder]

I think young people should go find a part time job. witch is better because then you know for sure that you will get your money each month. with bitcoin you can earn money but by taking high risks.

[erikmatik]

All in?  HELL NO, nobody should go all in, regardless of age.  Taking higher risks when younger--that's all well and good.  But going all-in on anything crypto is a recipe for bankruptcy.  I wouldn't even allocate 20% to crypto.  You'd have to be crazy to go even half-in, and I say that as a person who likes bitcoin.  A lot.  It's just way too risky.

True. Just as what Warren Buffet had said before, "don't put all you eggs in one basket." You can say that young people has the means to risk it all because they are still young, but that does't mean that risking to lose all is good for young people, actually for all being alike. Spread your investments in various forms, some bitcoin, some savings, some business. because at the end of the day, the result of the investments we made will be the one we will live into.

[vok-wok_hok]

Now many young people prefer to think about their future instead of spending all their pocket money on unnecessary entertainment. For the time being, they learn the crypto currency can bring them a good profit.

[Bonakid]

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.

Being independent is the best way to a good future of every young people.if i knew bitcoin when i was only a young child maybe i would support myself in my studies.i would teach my children bitcoin so if they were grow they know about how to manage money while they are young.

[costina]

I should have placed all my spare money in btc and not dota items but hell, it makes me happy so much that I never regretted a single dime. But right now, I'm trying to play it smart since I'm not getting any younger as years passed and sooner I need to work harder. Right now I'm placing 60% of my wage every month in bitcoin, 30% for monthly expenses and 10% for extra stuff that I might need (or want) along the way.

[Crosshair]

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.