Zilon (OP)
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August 23, 2021, 05:42:04 AM |
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If we have noticed this generation of children are way wiser than their age and the rate at which the get information is way so amazing. Many of this kids start making money early either through gambling or through other means and lots of them do this because the don't get enough money from their parents.
For me at age 10 my children should understand the market and how it works, interpreting chats and deciding the next move of each coin from studying the price action of different coins. At age 13 the should start trading with a demo account and at age 15 they should have funded their first account. This would help them become financially independent, also help then limit future gambling prowess and also make them prepared for their careers
Funds has been one of the limiting factors many people encountered while pursuing their dreams and ambitions. For me I see it as means where the could comfortably fund their ambitions without much stress and still have enough for fun and recreation.
What do you think?
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NeuroticFish
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August 23, 2021, 05:50:48 AM |
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For me at age 10 my children should understand the market and how it works, interpreting chats and deciding the next move of each coin from studying the price action of different coins. At age 13 the should start trading with a demo account and at age 15 they should have funded their first account. This would help them become financially independent, also help then limit future gambling prowess and also make them prepared for their careers
My oldest son is 10 years old and while his thinking (and math) is very good, he doesn't have the maturity for this. Fake moves, FUD, all this can easily surprise ca kid at this age. So no, I think that at 10 years he cannot understand fully all the charts would show. I can't tell for the 13-15 years steps, but imho you're rushing it. And a child needs to enjoy his childhood; he has plenty of time later to think on how he can earn more money.
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Zilon (OP)
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August 23, 2021, 06:09:28 AM |
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For me at age 10 my children should understand the market and how it works, interpreting chats and deciding the next move of each coin from studying the price action of different coins. At age 13 the should start trading with a demo account and at age 15 they should have funded their first account. This would help them become financially independent, also help then limit future gambling prowess and also make them prepared for their careers
My oldest son is 10 years old and while his thinking (and math) is very good, he doesn't have the maturity for this. Fake moves, FUD, all this can easily surprise ca kid at this age. So no, I think that at 10 years he cannot understand fully all the charts would show. I can't tell for the 13-15 years steps, but imho you're rushing it. And a child needs to enjoy his childhood; he has plenty of time later to think on how he can earn more money. The same format we use pictorial representation to teach our kids alphabets and numbers. It could be in a well cartooned form that would look so enticing with lots of pictures. Make it as fun as possible just the same way the recite their alphabets not knowing what the really represent learning this acts without knowing what the really are until the are matured enough to handle the information. Certainly they will still have enough time for their fun plays. Many young kids are really pulling out cash from the net this days
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NeuroticFish
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August 23, 2021, 06:18:42 AM |
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Many young kids are really pulling out cash from the net this days
Crypto trading is risky even for a seasoned trader. On tho other hand, if you know your stuff good, you can use trading bots and earn. After 15, maybe after 18 years I would only start showing my sons this kind of stuff. I am certain that they'll pick up fast. But first I'll have to be certain that they can handle the money with wisdom and they can manage the stress implied by trading and so many think to watch out for. At 10, if they manage to be amongst the first few in the class, it's just fine. At this age it's me who have to do the "earning" part.
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Rockstarguy
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August 23, 2021, 06:37:19 AM |
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It's fine for a child to start up trading or grinding good information about trading at early age . I can't really tell when my child will start trading. age is not the main thing. What matters is maturity on how to manage trading, if he's been matured to handle trading he's good to go. There is no age limit to start up trading
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Peanutswar
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August 23, 2021, 07:15:15 AM |
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I think it's not better to take pressure on the child a the early stage of their life because in the stage of below 13 they are still enjoying hanging out with their friends and explore things and its too bad if you push them o make an investment in trading because at the first they don't what it is also it matters if you will teach them if they don't like, they don't like that's it it's too hard to push them to learn something they don't like. If they get curious to earn money it's good because it's on their own will just guide them it might happen they want. Ideal age i guess to teach them proper many handling like 18 years old.
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Victorycoin
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August 23, 2021, 07:26:14 AM |
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Age is the key to learning trade it is not possible to trade without a certain age limit young children can never trade seeing that I think 13-15 years would be better for learning trade this time they are much bigger and can judge everything from good to bad once you enter the market you can easily learn something new. One thing is for sure if you are interested in something, you can get very good results if you prepare for it in advance this makes trading strategies easier to manage.
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Zilon (OP)
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August 23, 2021, 07:46:33 AM |
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Are you aware young children of 10 now automate tasks using various programming languages. The earlier you engage your child the more opportunity you open up for them. How about children in the movie industry, sports, entertainment even technical industry do you mean it deprives them of their childhood fun? We live in a society where death can occur at any time will u rather leave them stranded?
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passwordnow
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August 23, 2021, 08:52:38 AM |
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It is good to teach our children about trading while they are young. Well, for me, I am not sure at what age I'll teach them to trade but I'll make sure that I'll teach them the basic logic and idea of buy and sell. Like the usual business, not exactly as trading cryptocurrencies but I'll make them start with buying of goods at low price and selling them with a margin. With that start, they'll have the idea of trading and the basics of it. And then when they are already ready and understand the whole concept of it, I'll then introduce them to charts, trading and investing in cryptocurrencies.
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Karish2return
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August 23, 2021, 09:21:18 AM |
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I didn't have marriage yet ha ha, but i wanna tell you that my future planning about trading is vast, i want to introduce not even my sons but i wanna introduce bitcoin ,trading etc to my friends and all the people around me. So, it would be nice that i can plan for it from the beginning and make a better setup for my son to work on it as it is easy for him.
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Strongkored
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August 23, 2021, 09:22:28 AM |
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I think 10 years old is not a suitable age to be taught about trading, 15 years old and above can already be introduced to the world of trading and also start teaching about charts and fundamentals. Under 15 years old they are still more focused on just having fun, while above that they can be taught to be serious about making money, because they have started to have a sense of having a lot of valuable items such as laptops, cellphones or others that also give pride when wearing or using its.
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checkmatesir
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August 23, 2021, 09:36:59 AM |
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I wanna tell my all friends first that they have to invest i trading because it is growing day by day, and still most of the people didn't know about crypto market, but they should know about it as fast as it is happening. And i want to introduce my children to crypto at the age when they got mature and fully understandable.
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Pasa32
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August 23, 2021, 09:58:23 AM |
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I'm making money for my children from now and doing business in crypto and investing from the beginning also. But i want my children to make their money by only themselves because the money i will give them will be not that much, and in trading you know really well if we invest more then we will take more profit as well.
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mk4
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August 23, 2021, 10:05:55 AM |
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I wouldn't. Trading takes a good amount of personal interest to actually end up pulling it off. I'd rather him/her trying it himself/herself due to self interest rather than telling him/her to try it.
I'd personally rather introduce markets in general; because in today's world, investing your money in productive assets is absolutely necessary, whereas trading isn't because people can make money through other means(jobs/businesses/etc).
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yhiaali3
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August 23, 2021, 10:17:00 AM |
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This is true, children in this age are getting smarter from their childhood and we note that in every generation the IQ of young children increases due to the development of the times and the spread of science and technology everywhere, but I think it is too early for children to start their demo account at the age of 13 and their financial independence at 15, this It's early for me, I prefer that they start their demo account at the age of 15 and be financially independent at the age of 18, the children having financial independence may make them think about bad things at an early age like alcohol, drugs and other things that can cause them deviation and thus we get negative results At the age of 18, children have reached the age of majority and are responsible for their own decisions.
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Wexnident
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August 23, 2021, 10:58:32 AM |
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Probably never? If my kid has an interest in it or something then maybe, heck I'd even share some of my experiences of my trading, but if not then nope not really. I'd rather not let them get into it even, maybe let them invest into some stocks and just let it be as passive income, but not for hard core like trading. It's way too stressful imo and heck, who would want their child to have a stressful life no? It brings profits yea, if you know what you're doing, but it's still pretty painful to get into. Plus without any interest in it really, it'd just die off just like that, it takes a huge amount of interest and possibly will power to stay into trading.
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ven7net
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August 23, 2021, 12:25:59 PM |
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If we have noticed this generation of children are way wiser than their age and the rate at which the get information is way so amazing. Many of this kids start making money early either through gambling or through other means and lots of them do this because the don't get enough money from their parents.
For me at age 10 my children should understand the market and how it works, interpreting chats and deciding the next move of each coin from studying the price action of different coins. At age 13 the should start trading with a demo account and at age 15 they should have funded their first account. This would help them become financially independent, also help then limit future gambling prowess and also make them prepared for their careers
Funds has been one of the limiting factors many people encountered while pursuing their dreams and ambitions. For me I see it as means where the could comfortably fund their ambitions without much stress and still have enough for fun and recreation.
What do you think?
It is likely that acquaintance with cryptocurrency trading for children is a great opportunity to learn about new opportunities for achieving success and getting great income, but in my case, I’m unlikely to introduce my children to this activity. The fact is that my children are not interested in cryptocurrency and trading at all, which means that this direction is not interesting for them at the moment. I know for sure that if a person is not interested in this or that direction, then it is better not to involve him in signing with this direction, since nothing good will come of it anyway. As practice shows, the best results are achieved by those who are interested in one area or another and show interest on their own.
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uelque
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August 23, 2021, 12:30:30 PM |
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It is much better if we introduce trading to our children at age of 15 to 18. At that age, they can clearly analyze things, much wiser, much matured, and thinking more what they want to do and where to they want to go. That is the stage where most people decides what path are they taking so I think it is much better to introduce trading to them at that age. There is a possibility that they might don't like it because they want to do something else but what's important is we have taught them how to do trading and how to become successful in it.
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joniboini
Legendary
Offline
Activity: 2296
Merit: 1802
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August 23, 2021, 12:51:41 PM |
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10 years old? Are you for real dude? Man, if I were your son I'd be stressed out like hell. If I remember correctly, I just play around every day until I'm 14 and start thinking about what should I do other than playing games. Children's world is quite different from teenager/adult, why are you trying to wreck it with prolonged stress and mental fatigue? Sure, maybe you can tell them about how you make money from looking at green and red candles, but I don't think they have to do that just because you can.
Just wait a bit until they need to survive on their own, that's probably when they'll be more interested in how their parents make money from sitting all day in front of a computer.
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Obito
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August 23, 2021, 12:56:22 PM |
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Probably at around 16 or 18 where they can think for themselves, it's not good that we burden them too much about building their own future plus they might not even like it in the first place better if we wait or even better is to let them discover those things themselves.
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