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CryptStorm
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November 16, 2013, 05:38:16 PM
 #121

Hello Young Sir, (assuming you're no troll, i.e. you're story is 'real')

There are so many things that could be said to you and many have been said. So I'll be as brief as possible.

I think your move is very smart, but perhaps not wise. Not conferring with your parents on this move may end up making that relationship quite difficult, in, at least, a few moments. However, you seem to see the 'light' when it comes to understanding the potential value for the BTC protocol, which is why you're here. You've done some research (enough? I don't know), and to an impressive degree for a 'kid'. So, you should realize that you'll need to reckon with this disingenuousness at some point.  Huh

Further, you should know that some of the most important things in life are: learning how to have healthy relationships (not being deceitful for ex), hard work, humility, and decentness as a human being. These are the things that will make your life awesome. And, YES, travel helps one broaden quite a bit as a person.

I'd like to advise you to consider learning computer science, and continuing your interest in either internet security, back end/front end/full stack development, data science, cryptography or one of many of the other great areas around the Bitcoin world, which you clearly have interest in. That way, by 15 or 16 or 17 or 18, you should be able to command a very healthy income for your work (and age), which should easily pay for your travel! See what I'm doing there? Leave the small amount of Bitcoins out of the conversation and ensure that you can get what you have your heart set on!! Take your life into your own hands further than just making a smart bet! Become a young person OF value, and you will have all the riches you desire.

I'm speaking from example, by the way. I may be quite a bit older, but I'm changing my career right now-- I'm learning Ruby! The best three careers in the country (US) have typically been: doctor, lawyer and engineer. These days there are a glut of lawyers, and doctors are getting hammered by work hours and exorbitant insurance costs. That leaves one awesome opportunity, if you like it and if you're technically minded.  Grin Technology has found its way into almost every other industry. Imagine in 10, 20, 30, 50 years...

Best of luck, and keep us posted, PLEASE.  Smiley

P.S. What did you buy in at?

Someday, I will have an avatar, maybe.
ost_hash
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November 16, 2013, 06:04:02 PM
 #122

Bitcoin is Fiat in its purest sense, be prepared
bee7
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November 16, 2013, 06:52:50 PM
 #123

my average entry is about $350. so i'm up already.  Grin
but i'm trying to not watch the chart too much.

Forget about bitcoin for a couple of years Smiley
xybersurfer
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November 17, 2013, 12:19:52 AM
 #124

i hope you didn't put the majority of your funds in bitcoin and that it's a relatively small amount of your funds. never invest what you can't afford to lose.

ferda2mx
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November 17, 2013, 12:49:56 AM
 #125

my average entry is about $350. so i'm up already.  Grin
but i'm trying to not watch the chart too much.

Forget about bitcoin for a couple of years Smiley


Or sell as much to break-even, and keep the remaining 10% or so coins. This is conservative strategy Smiley
Rupture
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November 17, 2013, 02:21:26 AM
 #126

You should sell soon
JimboToronto
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November 17, 2013, 03:38:02 AM
 #127

You should sell soon
Don't troll the kid.

Kid: hold, minimum 2 years.
JekyllIsland
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November 17, 2013, 05:12:32 AM
 #128

i hope you didn't put the majority of your funds in bitcoin and that it's a relatively small amount of your funds. never invest what you can't afford to lose.

its ok. i believe in satoshi nakamoto and bitcoin. it will succeed.

That's the wrong attitude. As much as all of us would love to see BTC succeed we have to face the fact that it might not.

Although scared money don't make money  Wink. I think you made the right choice, just don't be disappointed if it fails.

Cryptocurrency is the future, that much is obvious.
djalexr
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November 17, 2013, 06:43:58 AM
 #129

Quote
Further, you should know that some of the most important things in life are: learning how to have healthy relationships (not being deceitful for ex), hard work, humility, and decentness as a human being. These are the things that will make your life awesome. And, YES, travel helps one broaden quite a bit as a person.

+1 good advice

You've got balls kid. Pretty good decision IMO, despite being on the risky side. General advice is not to invest more than you can afford to lose. However, you've clearly done your research and seem a lot more informed than a lot of people that post on here.

jubalix
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November 17, 2013, 07:31:02 AM
 #130

its probably going back to $150, just don't sell, hold for 5 years and they will be 50 - 100K by then

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
Anon136
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November 17, 2013, 08:52:31 PM
 #131

the moment you double your money sell half your coins and put the money back in the account. then you will have 6 bitcoins and your parents will never be the wiser  Grin

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
Paladin69
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November 17, 2013, 08:57:18 PM
 #132

the moment you double your money sell half your coins and put the money back in the account. then you will have 6 bitcoins and your parents will never be the wiser  Grin

That's actually a good plan if you don't want your parents finding out.
David M
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November 17, 2013, 08:58:43 PM
 #133

the moment you double your money sell half your coins and put the money back in the account. then you will have 6 bitcoins and your parents will never be the wiser  Grin

+1.  Do this, then tell your parents about it. 
adamstgBit
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November 17, 2013, 08:59:29 PM
 #134

the moment you double your money sell half your coins and put the money back in the account. then you will have 6 bitcoins and your parents will never be the wiser  Grin

+1.  Do this, then tell your parents about it.  

no tell your parents, and then sell them half  Wink

David M
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November 17, 2013, 09:02:57 PM
 #135

no tell your parents, and then sell them half  Wink

LOL.

My eldest son is 12 and if he pulled this shit on me I would be pissed.
vokain
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November 17, 2013, 09:23:23 PM
 #136

no tell your parents, and then sell them half  Wink

LOL.

My eldest son is 12 and if he pulled this shit on me I would be pissed.


that's too bad, parents should encourage their kids :/
ErisDiscordia
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November 17, 2013, 09:29:29 PM
 #137

Hey noob2001!

Kudos for being what appears to be either a very smart kid or a very convincing troll Smiley

Seems like you understand Bitcoin and its potential so just follow the advice you're getting here: BUY and HOLD. Solid advice. Maybe think about cashing out something to cover initial investment in case you want to come clean to your parents, but that's really up to you.

I just came here to warn you from this advice:

....And for the record... time on college is the best time of your life, expecilly if you will have lot of money to spend (and I'm saying that for European colleges, I suppose in USA is even better) Grin And do some international exchange programs too (cuz you will have enough money)... Just my opinion.

Go to college...

...you'll meet the greatest people ever, people who'll be there for you the rest of your life if you let them. At the same time you will learn a lot about yourself and what you could be doing to be an Agent of the Singularity one day Wink

... college (not a primary school or a high school) is definitely not a prison. He can learn what he really wants to learn. Besides there's nowhere else can one meet so many peers and make real friends.

For the large majority of people, college is a very valuable experience. The social aspect is huge, you will never really have a social experience quite like that anywhere else.


What do these posts have in common? They are all saying that college is valuable because of the social connections you make there. It's true that you get to know a lot of people and you can have a good time there. But guess what? Attending college is not the only way to make connections and have fun Smiley

Think about it. When you choose a college, lots of things are predetermined for you - where you're going to be, what you're going to learn and which people you're going to meet. Do you want to spend what lots of people refer to as their "most fun years" like that?

Go travel or work in a couple of jobs so you can travel. Be free. You'll learn all you need to know that way. And remember:

i've learnt more from youtube, and reading than i have at school.

This is more important than you probably realize.  Remember this when you're about to drop the bucks to attend a fancy college.




It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
vokain
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November 17, 2013, 09:35:24 PM
 #138

^

we're all in this together. What if noob could be a positive influence and example to his friends that he might go to college with? His perspective on life is valuable and many people might need him as an example. You can't measure those network effects, life is not all about you
r3c4ll
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November 18, 2013, 02:57:48 PM
 #139

I think you are a very intelligent kid! Hope everything go well. Welcome to the Bitcoin community Wink

log2exp
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November 18, 2013, 03:18:10 PM
 #140

Glad to see young kid like you already found a way of investing. Definitely hold them and put into good use in your college years. Hope you one day become a young entrepreneur realizing your ideas while still studying in the college.
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