is dogecoin suitable for kids?

[irixo10]

Cryptocurrency has grown so much and gradually the world have started accepting it while looking for more ways to adopt it's services, hence the reason a lot of institutional investors keeps buying and investing as they could because they believe in the future. Thus teaching your kid about crypto is never a bad thing nor is it a wrong thing, in fact it is one of the biggest investment you will do in her life, because when she starts learning at a young age, it will make her more exposed as she grows thus knowing what to do and what not to do. Hence, as a kid, starting with a small amount is a good strategy and of course suitable. Lastly, I don't think there is any risk, since she is young and wouldn't possibly start investing at that age but as she grows you need to know more about crypto and her to know the best way to advise. Also, it doesn't really matter if it's Dogecoin or others, just pick one you want and start with it. 

[1714813669]

1714813669

[MaiQwaN]

In real life, children and dogs understand each other well and quickly find common ground. Why not start teaching our kids about crypto through Dogecoin? I think they will like such a cute Doge logo, and along with this, all the training will be fun and easy.

[agg2702]

I think it's pretty good. You give early learning to children and I think the coin is friendly enough to doge itself. Of course there are risks, but with my own doge I see the possibility is very small at risk. I salute you who teach your daughter to learn things like this from an early age, continue to monitor and guide your daughter to become a great trader

[2tang]

I think it's pretty good. You give early learning to children and I think the coin is friendly enough to doge itself. Of course there are risks, but with my own doge I see the possibility is very small at risk. I salute you who teach your daughter to learn things like this from an early age, continue to monitor and guide your daughter to become a great trader

Yes, because crypto learning is a very valuable learning because things in crypto cannot be found in schools or universities, so there is clearly nothing to lose to teach them to our children by choosing a lower risk for each trade.

[iTradeChips]

I am thinking to teach my 8 yr old daughter about crypto. But past history riddled with illicit activity so I was thinking to open her a just dogecoin wallet and have her to learn to use it. Do you think it is suitable? Anyone done this? Or any risk?

Thanks.,

I would definitely will teach her on how to work with cryptocurrency. And I agree to start with DOGE because of its fun theme. Though as a kid, I would also stress the importance of being emotionally detached to her coins. She might get affected is she lost on a trade. I will not teach her to trade first I will just teach her on how to send and receive and how to check the price of the said coin. Possibly teach her bitcoin and try to understand the prices and market cap and other basics.

[noorman0]

Not suitable at all, you will teach them to be dependent (the only fundamental factor is relying on the pumping of influential people).
You won't be able to teach them the causes of more sensible, technically predictable and fundamental causes of crypto price volatility in the short and long term.

[dimonstration]

Not suitable at all, you will teach them to be dependent (the only fundamental factor is relying on the pumping of influential people).
You won't be able to teach them the causes of more sensible, technically predictable and fundamental causes of crypto price volatility in the short and long term.

No if too young but it will Depends on kids understanding there are kids nowadays who are smart enough to determine what is good for them as well in their investment,tgere are who much active in social media now than adults. If they know how to trade or have someone who can accompany them then itts not a problem as long as he know how crypto works and doge. I knew someone under age 18 who trade really good in terms of stock as well some btc or eth so why not in doge if he know Elon musk he might be able to cope up.

[Handsome Boy]

I am thinking to teach my 8 yr old daughter about crypto. But past history riddled with illicit activity so I was thinking to open her a just dogecoin wallet and have her to learn to use it. Do you think it is suitable? Anyone done this? Or any risk?

Thanks.,

I think it's a great idea to teach your daughter about investing and Dogecoin is the right choice, because the price of Dogecoin can still increase higher than the current price and of course the risk is only when the price goes down or there is a correction, because every investment has a risk (the price can go down), but your daughter will be rich when she grows up, because I am sure when your daughter grows up, then of course the price of Dogecoin has increased very high from the current price.

[helevela]

I do not see any harm in this. But someone who will learn about this market should definitely start with bitcoin. bitcoin is the pioneer of this market. at least if he knows what bitcoin is and try to understand it. Frankly, it didn't seem wise to me to study other things without knowing the source of the market.To know what bitcoin is is to understand this market.

You've got your point there's no harm if your kid is willing to learn deeper regarding to this market,

Though the value between this two crypto might the changing factor, if you are just throwing 10 doge

for practicing it won't hurt that much, but if you'll going to throw portions of your bitcoin just to waste

that might be affecting your investment.

you are absolutely right. Coins very different in value. Knowing the market deeply, of course, is a situation that does not cause any harm. But what I want to say is to start learning from the technology, infrastructure, emergence of bitcoin, how it affects altcoins. that is, learning bitcoin as a technological thing, not as an investment tool. Otherwise, investing with bitcoin may be risky compared to Dogecoin, of course. Dogecoin would be a much more ideal choice for practice. I agree.

[Luqman]

I think it's a great idea to teach your daughter about investing and Dogecoin is the right choice

Have you read carefully? His daughter is still 8 years old. She is too young to learn about investing in Dogecoin. I don't think it is a great idea because it will be wasting time. It will be hard for her to understand crypto at that age. In addition, investing in crypto is very risky, it doesn't make sense to let children learning it.

[iTradeChips]

I think it's a great idea to teach your daughter about investing and Dogecoin is the right choice

Have you read carefully? His daughter is still 8 years old. She is too young to learn about investing in Dogecoin. I don't think it is a great idea because it will be wasting time. It will be hard for her to understand crypto at that age. In addition, investing in crypto is very risky, it doesn't make sense to let children learning it.

Well that is your opinion. I have been teaching some kids about crypto and it is an enjoyanble experience. It's like playing with play money. Why should you teach the complicated parts if you can teach the basics and still get something enjoyable out of it? If you don't want to teach crypto to your child that is fine. But you don't yak and tell others what or what cannot they do with their money. We are all responsible adults and no one should be dictating here what we should do with our DOGE.

[Taufik blackspade team]

It's a good idea to open a doge account for your child, you can transfer some coins for him. Given that the price of Dogecoin is still quite cheap, at least you have introduced your child to crypto from an early age, and this will certainly be useful for him in the future. But don't be negligent in monitoring the process, even if it's your child's personal account, don't let you completely remove him from your observation, and you can direct him so that he can benefit from what he already has.

[lxiaoh]

To be honestly speaking, i dont see any of the risk at all, just sent a little amount of Dogecoin to your daughter's wallet address, like 1 dollar value of Dogecoin. Teaching her how to use it, i think this is a funny thing to her.

[Luqman]

I have been teaching some kids about crypto and it is an enjoyanble experience. It's like playing with play money.

If it is enjoyable for the kids, it is okay. But I don't see the way that it is can be a fun activity as playing play money. However, it is my suggestion or self-opinion, you can do it whatever you want. Your kids are yours, I don't have the right to force you. I am here just to give a suggestion, so if you think it is good, then you can consider it. Well, up to you, bro. 

[blue Snow]

I have been teaching some kids about crypto and it is an enjoyanble experience. It's like playing with play money.

If it is enjoyable for the kids, it is okay. But I don't see the way that it is can be a fun activity as playing play money.

I made a suggestion before to do not use it as a real dogecoin but using Testnet (dummy coin). however, even doge the Testnet faucet unavailable right now, I suggest OP use bitcoin or another altcoin such as Ethereum. when using Tesnet, you do not worry if your child makes some mistakes.

1. https://coinfaucet.eu/  - bitcoin testnet faucet
2. https://faucet.ropsten.be/ - ethereum testnet faucet

[Lizzylove1]

I personally see nothing wrong with teaching her about crypto and buying doge for her.  A student of mine gifted my son who is less than 2yrs some fraction of BNB which has now been sent to my wife for safe keeping. The Fiat that was  gifted him will equally go for buying crypto.

[Scripture]

I am thinking to teach my 8 yr old daughter about crypto. But past history riddled with illicit activity so I was thinking to open her a just dogecoin wallet and have her to learn to use it. Do you think it is suitable? Anyone done this? Or any risk?

Thanks.,

Just make sure you guide your Daughter properly because she might send it to someones else or give her access to someone else. This is a good idea actually, not just DOGE but giving cryptocurrency to your child for their future needs is a great preparation that parents can ever done to their child. I'm also planning to have a specific wallet that I can give to my children when I'm gone, I want them to financially secured when time comes.

[Psynthax]

Not really, I mean if you intend to let your kid earn some peanut money off the airdrops from telegram bot or such maybe but crypto is a financial tool an I doubt any kid that age would be suitable for financial things.
If any just let your kid play those mobile games that rewards cryptocurrency for playing, that way your kid still have the time for playing while also earning money although the money earned not gonna be huge, just wait until she comes of age and know what finance really is.

[wajik-tempe]

I am thinking to teach my 8 yr old daughter about crypto. But past history riddled with illicit activity so I was thinking to open her a just dogecoin wallet and have her to learn to use it. Do you think it is suitable? Anyone done this? Or any risk?

Thanks.,

I don't think crypto are good for kids because crypto market are cruel, kids won't handle the up and down because they are mentally weak and unstable. Even the magical kids like warren buffet starts invest in 10 years old, and ofcourse he was not investing to something agile like crypto.
So i think it's okay if you just giving your kids dogecoins in case of investment for her future, but teaching her how crypto works is not really a good move at least for her age right now. 

[imstillthebest]

doge coin has a funny past and it has a cute dog logo .
kids will surely love it and by the time they are familiar with dogecoin you can move ahead of teaching them another cryptos and please include bitcoin soon because this coin is the root of all .
just dont story tell the bad side of btc because past is past but what important is the contribution made by this coin .