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Author Topic: Young people should go all in on bitcoin  (Read 63321 times)
Aikidoka
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September 30, 2017, 11:22:55 AM
 #1401

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.

If you are staying with your parents, they probably control everything you do. Including investments.
It will be tough to convince them that you aren't gambling away your money.
True. I currently am living with my parents and they control everything I do, even hanging out with my friends. They want me to come back home at 20h. They are very strict when it comes to money. They are not even giving me my pocket money because they want me to get a job. That is why, I rely on this forum to get at least a good pocket money and it is really being helpful for me.
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September 30, 2017, 12:17:50 PM
 #1402

Young people should without a doubt go all in on Bitcoin. Paper money has been diminishing the value of it for years now. USD has devalued ~97% since the early 1900's but Bitcoin is fundamentally different. It is a deflationary currency that runs a secure network with a scarce digital asset.

kuckong
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September 30, 2017, 12:26:54 PM
 #1403

its depend on every person, they will accept bitcoin or not, have knowledge about it or not, want to focus and hardwork or not. if no, they wont be here

abilarde
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October 01, 2017, 02:42:37 PM
 #1404

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.
Yes, unless it can manage thier account and willing to learn and become dedicated of what they doing. Yes i am living with my parent and recently student, so i need to work and made my own money fir mybtuition and other expenses for school and personal needs. Its time to wake and stand on our feet young people.
Mooneater
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October 01, 2017, 03:01:54 PM
 #1405

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 it will not help the young people if they go all in to bitcoin. Young people should not yet to enter the world of cryptocurrency. Young people are still not yet ready to use bitcoins.
Agree with you mate young people needs to learn more in school, they do not need to earn at their early age time comes that they will earn money and used bitcoin at the right aged. Also bitcoin is very easy to learn even in 1 week of reading people can catch up the uses of bitcoin.
I agree with you especially when you have an account on this forum you can learn everything about bitcoins in 1 week. I am a student myself and i prefer that everyone uses it because you can make a lot from here for later.
Panah Arjuna
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October 01, 2017, 03:10:36 PM
 #1406

as in my opinion, in terms of investing in bitcoin. However, I still prefer to invest some of my money rather than enter all.
You can not spend all the time so young or even old people still enjoy life and not just think about investing.
I think that investing some in BTC while enjoying life, It will not cause any regrets at all, and everything I make speculation.
as I mean above. do not store everything in one container. if the container is destroyed. then we will lose everything without the remaining.
Blackwalker
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October 01, 2017, 03:54:44 PM
 #1407

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 it will not help the young people if they go all in to bitcoin. Young people should not yet to enter the world of cryptocurrency. Young people are still not yet ready to use bitcoins.
Agree with you mate young people needs to learn more in school, they do not need to earn at their early age time comes that they will earn money and used bitcoin at the right aged. Also bitcoin is very easy to learn even in 1 week of reading people can catch up the uses of bitcoin.
I agree with you especially when you have an account on this forum you can learn everything about bitcoins in 1 week. I am a student myself and i prefer that everyone uses it because you can make a lot from here for later.
I can live with that this forum has thought me a lot of things considering bitcoin and i now know a lot like how to invest in what to invest about the campaigns and i am still learning because you know what they say you learn through mistakes.
Xunloo
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October 01, 2017, 06:45:58 PM
 #1408

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 it will not help the young people if they go all in to bitcoin. Young people should not yet to enter the world of cryptocurrency. Young people are still not yet ready to use bitcoins.
Agree with you mate young people needs to learn more in school, they do not need to earn at their early age time comes that they will earn money and used bitcoin at the right aged. Also bitcoin is very easy to learn even in 1 week of reading people can catch up the uses of bitcoin.
I agree with you especially when you have an account on this forum you can learn everything about bitcoins in 1 week. I am a student myself and i prefer that everyone uses it because you can make a lot from here for later.
I can live with that this forum has thought me a lot of things considering bitcoin and i now know a lot like how to invest in what to invest about the campaigns and i am still learning because you know what they say you learn through mistakes.
I agree with you because i learned a lot about bitcoin through this forum but i think not only young people need to go on bitcoin even old people can do it for their children that is something that no one has ever thought about.
tbterryboy
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October 03, 2017, 10:06:00 AM
 #1409

Young people should take higher risks and diversify their portfolio, and bitcoin can supplement that.

A better phrase would be "buy bitcoin instead of doing vices" because at least with bitcoin, you can theoretically lose it all but you'll still retain your health.
I think otherwise. I think this will not be a wise decision by any youngster to invest all of his earnings into Bitcoin and that in that age when he don’t have enough knowledge about Bitcoin and all that stuff. In fact, I’ll advise him to invest a portion of his earning and learn the things well before taking any big step.
Theb
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October 03, 2017, 10:20:25 AM
 #1410

Young people should take higher risks and diversify their portfolio, and bitcoin can supplement that.

A better phrase would be "buy bitcoin instead of doing vices" because at least with bitcoin, you can theoretically lose it all but you'll still retain your health.
I think otherwise. I think this will not be a wise decision by any youngster to invest all of his earnings into Bitcoin and that in that age when he don’t have enough knowledge about Bitcoin and all that stuff. In fact, I’ll advise him to invest a portion of his earning and learn the things well before taking any big step.
I totally agree with you. Going all in on something that you don't fully know has major consequences as the risk will be at its maximum because you are not prepared at what might happen. Spending more time on learning how to trade especially learning how to analyze charts is a much more effective way in reducing your risk and increasing the chances of you earning something from Bitcoin.

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ghost424
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October 03, 2017, 10:26:10 AM
 #1411

This is still a risk. But this risk has a chance of succeeding. Going all in Bitcoin as a Teenager is a good idea. All they have to invest is time. If they save enough money in real life they can buy Bitcoin early. Then wait for Bitcoin to increase in value. Bitcoin today is fast in development because Cyrptocurrency is becoming a tread. This is happening in a good way.
DanF20
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October 03, 2017, 01:41:59 PM
 #1412

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.
appleffi
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October 03, 2017, 01:48:25 PM
 #1413

I don't think so! I don't agree to go all in on bitcoin just because your still young. You should also consider that the money that you have is from your parents, it is just a borrowed money. It is not safe to go all in and take the risk just because it is not your money. I would suggest to invest in bitcoin but not all of it, have a back up or another savings plan to have an assurance you will not lose big time.

oegarod
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October 03, 2017, 01:53:23 PM
 #1414

Young people should take higher risks and diversify their portfolio, and bitcoin can supplement that.

A better phrase would be "buy bitcoin instead of doing vices" because at least with bitcoin, you can theoretically lose it all but you'll still retain your health.
I think otherwise. I think this will not be a wise decision by any youngster to invest all of his earnings into Bitcoin and that in that age when he don’t have enough knowledge about Bitcoin and all that stuff. In fact, I’ll advise him to invest a portion of his earning and learn the things well before taking any big step.
With bitcoin, trust and good understanding is required to benefit big using bitcoin. One can spend good time learning during the teenage, also those age groups have a mentality to experiment what they learn. Upon the fact youngsters going full on bitcoin will make the digital community grow potentially.
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October 03, 2017, 02:29:23 PM
 #1415

I don't think so! I don't agree to go all in on bitcoin just because your still young. You should also consider that the money that you have is from your parents, it is just a borrowed money. It is not safe to go all in and take the risk just because it is not your money. I would suggest to invest in bitcoin but not all of it, have a back up or another savings plan to have an assurance you will not lose big time.

First, I actually think that it is said here that "young" people should go all in on bitcoin because they are still young. They have a long life ahead and they can get the most profit.

I think a teenager's money is not necessarily "borrowed" from the parents because first of all, it's the parents responsibility to give their kid money and at the same time, what type of parent gives their kid money but consider it as something that should be given back to them in the future? I think that teenagers should invest, not necessarily on bitcoin but they have to invest. Investing gives you a chance that you are going to make money from it but my point is that you are gaining knowledge. You are not just going to invest, of course. You are going to learn about the company first or at least you should because otherwise you might as well throw away your money. One good thing about bitcoin is that it is not some HYIP/MLM/RevShare/Networking/PTC/Referral site.

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October 03, 2017, 02:43:22 PM
 #1416

Youngsters can try for bitcoin.  But they have to be very careful. This technology can be complicated. Protect your investment. Learn about hot vs cold wallets. Software and hardware wallets. Learn about your keys and how transactions are signed and broadcast onto the network. Your knowledge will become the best measuring stick of value. Don't get overly concerned will the $ exchange rate at any given time. That's not the same thing as value.
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October 03, 2017, 03:38:19 PM
 #1417

Nobody never should go all in on bitcoin Wink It wouldn't be ever a smart decision Grin
Oilacris
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October 03, 2017, 03:42:40 PM
 #1418

Youngsters can try for bitcoin.  But they have to be very careful. This technology can be complicated. Protect your investment. Learn about hot vs cold wallets. Software and hardware wallets. Learn about your keys and how transactions are signed and broadcast onto the network. Your knowledge will become the best measuring stick of value. Don't get overly concerned will the $ exchange rate at any given time. That's not the same thing as value.
As a new learner it is really our responsibility to learn up the basic informations regarding on to bitcoin.We should not just easily jump in because you are just joining on the trend and carelessly put up money without any plans.Youngsters should really need to learn up the things and understand on how bitcoin works in terms of usage and in terms of investment.

Mrsmants
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October 03, 2017, 07:53:04 PM
 #1419

Going all in on bitcoins is a negative concept specifically for younger people considering that they have tiny expertise about it. But currently being exposed to bitcoin at an early age could give them a large benefit if they use it properly in terms of investing or supporting their family members. Often keep in mind that you must often feel before you click on or else you may regret it afterwards on.
Cryptomockingbird
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October 03, 2017, 08:22:43 PM
 #1420

Nobody never should go all in on bitcoin Wink It wouldn't be ever a smart decision Grin

True, but bitcoin is like an industry index.
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