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Author Topic: Giving Bitcoin Starters  (Read 567 times)
goaldigger (OP)
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March 30, 2019, 06:32:53 AM
 #1

Since the market is still sleeping, i have to be patient and make something alternatively profitable like signature campaigns in order to not get bored. I have been active on campaigns since then and got plenty of bitcoins on hold.

Lately, my brother saw me browsing on bitcointalk then ask me a lot of things about this. After a couple of hours of question and answer, i hoprle he learned something from me. He wanted to try trading and engaging in bitcoin but he does not have anything. I ask him to read and familiarize bitcoin more and after that i would gave him some as a starter. After a couple of weeks, he tells me he's ready.

I lend him 0.2 BTC so that he can do trial and error in trading or even bet a little on gambling. I checked him yesterday and it seems that his doing good and earned even a little. I also noticed that he become more responsible mostly on financial things. I am planning to not take the .2 capital and just gave it to him since i saw that he's a hardworking person now.


By the way, he's just 15yrs old and im glad i teach him important things in that age.

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March 30, 2019, 06:38:20 AM
 #2

It’s good for a bit of his age to grab things like this and do well with it no matter how matter it may seem is awesome. His journey with bitcoin has started and he will be become a pro with much hard work and research. But I will advise you keep checking on him and mentor him to correct him if some common mistakes he could make.

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March 30, 2019, 06:49:53 AM
 #3

I lend him 0.2 BTC -snip-
By the way, he's just 15yrs old and im glad i teach him important things in that age.
0.2 BTC is not a plaything for a 15 year old. And one thing you should be teaching him in trading are the basics. On how to put his sell orders and buy orders. He's 15 years old, there were a lot of people commit mistakes even though they are the right of age of thinking the possible effects of their actions. Let him just trade a little money. It's too big. But, if it is okay for you to lose(not to belittle him) then it's your choice.

goaldigger (OP)
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March 30, 2019, 06:57:23 AM
 #4

I lend him 0.2 BTC -snip-
By the way, he's just 15yrs old and im glad i teach him important things in that age.
0.2 BTC is not a plaything for a 15 year old. And one thing you should be teaching him in trading are the basics. On how to put his sell orders and buy orders. He's 15 years old, there were a lot of people commit mistakes even though they are the right of age of thinking the possible effects of their actions. Let him just trade a little money. It's too big. But, if it is okay for you to lose(not to belittle him) then it's your choice.

I think hes more mature than other 15 year olds out there and besides, i believe that experience will teach you more lesson than school. Its okay if he will lose it all and tell him thats its part of the game but so far i guess he's doing good. Experiencing cryptocurrency at a young age is great that i wish i could learn that too on my younger days. He's my brother after all and i will guide him until last.

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March 30, 2019, 06:58:22 AM
 #5

Damn. 0.2 BTC for a starter? I don't think this is ideal, but it is your money and your risk at the end of the day. Honestly, it has become quite difficult even for experts to earn quick profits through cryptocurrencies at present due to the reduced volatility.

It would be wiser to help your brother learn about signature campaigns instead of engaging in trading at present.

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March 30, 2019, 06:59:27 AM
 #6

This is extremely cool of you. Well done. We tend to underestimate the intelligence of the younger generation... my little brother is 16, and I recently looked up some of his newest GitHub posts: mind blown. That being said, it is the younger generation who are the future of cryptocurrency, and we are building this technology for them. We need more people like you.

I like gambling. Probably currently trying to figure out how to pay next month's rent.
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March 30, 2019, 07:00:00 AM
 #7

What a good brother you are. Well, it's good that younger people are now inclined to trading with the help of an older one of course. I think this is also a great idea to teach my brother about cryptocurrency.

I'm just glad that your bother is learning the basics of trading and adopting really well in the market.
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March 30, 2019, 08:16:37 AM
 #8

If every second shitcoin is not getting x5 it doesn't mean that you can't earn on this market. Even without s huge fluctuations you can pick a good leverage and benefit from slammer price moves.
But first of all for newbies it is better not to waste your money and to trade for some time (preferably some months) on demo accoount.
Also if you want him to learn trading it is better to choose more mature market where you can sharpen your skills of different kinds of analysis without warrying that someone will dump his 10$ of shitcoins and crash the market.
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March 30, 2019, 08:24:26 AM
 #9

This is all the digital era, money is also digital, in my opinion it is appropriate that he learn about the digital world like now. especially many young people who are successful at their age, we must be proud of it.

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March 30, 2019, 08:28:09 AM
 #10

That's a good thing that you are letting this youngster to learn about the future technology and you are a very nice brother!

You just lend a teenager with BTC.2 without hesitating, it seems that you got a lot of money in your pocket though. By the way, if your brother is 15 yrs. old then how old are you?

It's nice knowing that your brother is doing well but what if he lose it all, what would you do?



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March 30, 2019, 08:47:32 AM
 #11

i believe that experience will teach you more lesson than school.
The same kind of idea I planted myself many years ago since school is valuing numbers not learnings :/

I think hes more mature than other 15 year olds out there and besides, -snip- Its okay if he will lose it all and tell him thats its part of the game but so far i guess he's doing good. Experiencing cryptocurrency at a young age is great that i wish i could learn that too on my younger days. He's my brother after all and i will guide him until last.
If you think that's it's okay for him to handle that amount then good for him and he's lucky to have a brother like you. Goodluck in trading.

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March 30, 2019, 08:53:20 AM
 #12

unfortunately (based on your comment) it seems like you have misled your brother!
bitcoin is not a way to earn money. bitcoin IS money.

and you should never tell others otherwise just because you can make profit from it. bitcoin is meant to be a decentralized currency that has a lot of other benefits when you look at it correctly. the "profit" is the side product of all that benefit.
besides based on my experience people who get in bitcoin because of that monetary profit will always lose money eventually and then blame the person who told them they could become rich with bitcoin!

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March 30, 2019, 09:00:41 AM
 #13

I think hes more mature than other 15 year olds out there and besides, i believe that experience will teach you more lesson than school. Its okay if he will lose it all and tell him thats its part of the game but so far i guess he's doing good. Experiencing cryptocurrency at a young age is great that i wish i could learn that too on my younger days. He's my brother after all and i will guide him until last.

Well. Good for you for being financially stable enough to not care much about 0.2 BTC. If you don't mind asking, where did he currently earn most of his profit? On trading? Or gambling?

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March 30, 2019, 09:07:38 AM
 #14

It all boils down to mainstream adoption.
Like you have introduced your little brother, same way he would introduce another and the circle keeps going on and on.
Please do make him understand that the market is not always stable and get him acquainted with the intricacies of trading .

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March 30, 2019, 09:48:26 AM
 #15

Lend your brother some mbtc to start learning about bitcoin is a good decision, but lending him too much and let him to gamble are not good as your brother is still underage for gambling.
You should keep on monitoring his activity with the BTC you lend, 0.2btc is too much for 15 years old boy imho. No matter how good is he in learning but he may face the time when he make a mistake.
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March 30, 2019, 09:51:32 AM
 #16

the amount you lend to your brother is too big to learn to trade and is too risky, but it doesn't need to be feared. because previously some young people at the age of your brother were successful by trading bitcoin like "Eric Finman". Smiley

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March 30, 2019, 09:55:27 AM
 #17

You are giving him a chance to learn about bitcoin and gladly, he can understand from you teach him. I am glad to see how he is trying to trading, and you lend him 0.2 btc.

But always remind him to not being greedy because once he agreed, he will lose his chance to take the profit. Don't forget to give a suggestion or teaching him more lesson so he can get an additional lesson from you. I am sure that he can do his best and I look that he is a hard working person and he is responsible for the financial.

You decide to not take 0.2 btc from him. I agree that you are doing a good thing for your brother. Salute to you.

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March 30, 2019, 11:22:43 AM
 #18

By the way, he's just 15yrs old and im glad i teach him important things in that age.

At his age he is not matured enough to trade, but age is not a hindrance.
I don't see the logic that you are saying signature campaign is profitable when the current sig you are wearing you don't earn a lot, and you must have a lots of BTC in your wallet to give your brother a decent amount (BTC0.2) to start.

What I love about this forum is that I learned a lot of things, and when the market is bad, I'll find a job than rely on sig, sig does not provide good income to me, it only give a little and this is a good privilege for being active in the forum.

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March 30, 2019, 11:43:02 AM
 #19

Can we be brothers?so you can also give me 0.2bitcoin?

Do you know how much is the value of bitcoin wayback 2017?and you just risk for a starter ?

Man thats alot of thing for a beginner,for me you should have give him atleast .006 so he will value eversmall profit he might get.

But its your cryptocurrency anD not mine so you can do whatever you want,its just for me is a waste if he lose all ,anyway Goodluck to you and the 15 yesr old brother
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March 30, 2019, 11:59:38 AM
 #20

Since the market is still sleeping, i have to be patient and make something alternatively profitable like signature campaigns in order to not get bored. I have been active on campaigns since then and got plenty of bitcoins on hold.

Lately, my brother saw me browsing on bitcointalk then ask me a lot of things about this. After a couple of hours of question and answer, i hoprle he learned something from me. He wanted to try trading and engaging in bitcoin but he does not have anything. I ask him to read and familiarize bitcoin more and after that i would gave him some as a starter. After a couple of weeks, he tells me he's ready.

I lend him 0.2 BTC so that he can do trial and error in trading or even bet a little on gambling. I checked him yesterday and it seems that his doing good and earned even a little. I also noticed that he become more responsible mostly on financial things. I am planning to not take the .2 capital and just gave it to him since i saw that he's a hardworking person now.


By the way, he's just 15yrs old and im glad i teach him important things in that age.


The subject here is not Bitcoin. But the issue is very important and sensitive. 0.2 Bitcoin or more is not very important, but it is very important for a 15-year-old to reach economic maturity.
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