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Author Topic: How cryptocurrency trading have helped the youth.  (Read 889 times)
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September 02, 2021, 04:09:07 PM
 #41

I think that the main help for young people is that they can do it by applying all possible knowledge, it has made them read, learn, and only this generates better young people worldwide, keeps them out of danger as drugs, among others.

In addition, today's young people come with another mental chip, they see business with other ideas, with other ways of seeing it as those of the old school see it, they are not afraid of volatility, they are not afraid of making large investments or of losses, of course this is just a sample, there must be others who possibly fall into addiction, in bad business decisions, but their probability of recovering is usually much faster, I think it is because of the pace of life they are leading.

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September 03, 2021, 09:24:14 PM
 #42

I think that the main help for young people is that they can do it by applying all possible knowledge, it has made them read, learn, and only this generates better young people worldwide, keeps them out of danger as drugs, among others.

In addition, today's young people come with another mental chip, they see business with other ideas, with other ways of seeing it as those of the old school see it, they are not afraid of volatility, they are not afraid of making large investments or of losses, of course this is just a sample, there must be others who possibly fall into addiction, in bad business decisions, but their probability of recovering is usually much faster, I think it is because of the pace of life they are leading.

Another great thing about the market of cryptocurrencies is that when I see other markets almost all of them are incredibly overvalued so the young people cannot really invest in them as there is almost no upside to be had, but when it comes to this market the upside is huge and young people are understanding this and are choosing to invest in this market rather than the markets their parents choose as they see it is in this market where they can improve their future and not on other ones.
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September 03, 2021, 10:57:14 PM
 #43

One thing I am aware about the youth and cryptocurrency in my country right now was their diversion of mindset over fun and profit. Because of that most of them right now was having desires to play crypto games from NFT project like axie infinity, my defi pet and other rising games which soon change the ways mobile gamers compared from their typical games that doesn't give them an income.
Basically these days, provides an opportunity for the youth to play and at the same time earns reward tokens which they'll able to trade then have fiat money for their needs.
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September 03, 2021, 11:26:53 PM
 #44

One thing I am aware about the youth and cryptocurrency in my country right now was their diversion of mindset over fun and profit. Because of that most of them right now was having desires to play crypto games from NFT project like axie infinity, my defi pet and other rising games which soon change the ways mobile gamers compared from their typical games that doesn't give them an income.
Basically these days, provides an opportunity for the youth to play and at the same time earns reward tokens which they'll able to trade then have fiat money for their needs.
NFT games are being hyped these days especially when youtubers explaining how they managed to make some money when they invest it on NFT games. This might change how some people will see cryptocurrency today is instead of learning how to trade wisely on an exchange. Well, since it's being hyped the working average guy who have suffered from losing their job because of the pandemic might find it useful so I'm sure this is really a big help to them it's just they really have to learn the basic first because if we talk about money there's always a risk involved.

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September 03, 2021, 11:30:18 PM
 #45

One thing I am aware about the youth and cryptocurrency in my country right now was their diversion of mindset over fun and profit. Because of that most of them right now was having desires to play crypto games from NFT project like axie infinity, my defi pet and other rising games which soon change the ways mobile gamers compared from their typical games that doesn't give them an income.
Basically these days, provides an opportunity for the youth to play and at the same time earns reward tokens which they'll able to trade then have fiat money for their needs.
That is to say that this new generation has been aware of cryptocurrency and they think this could help them for a better life. Just like having fun playing the Axie game, they are also making money at the same time, that actually such a good opportunity for them. But despite this, we can still say it was not really having a good effect on them, that happens that they will forget of going to school than staying at home and keep on playing. This could have a negative mental effect on them.

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September 03, 2021, 11:34:24 PM
 #46

One thing I am aware about the youth and cryptocurrency in my country right now was their diversion of mindset over fun and profit. Because of that most of them right now was having desires to play crypto games from NFT project like axie infinity, my defi pet and other rising games which soon change the ways mobile gamers compared from their typical games that doesn't give them an income.
Basically these days, provides an opportunity for the youth to play and at the same time earns reward tokens which they'll able to trade then have fiat money for their needs.
That is to say that this new generation has been aware of cryptocurrency and they think this could help them for a better life. Just like having fun playing the Axie game, they are also making money at the same time, that actually such a good opportunity for them. But despite this, we can still say it was not really having a good effect on them, that happens that they will forget of going to school than staying at home and keep on playing. This could have a negative mental effect on them.

Since it is easy now to navigate the world of cyberspace, these younger generation has a lot of opportunities that they can venture with. But they need to be careful in joining any hype or bandwagon without doing their own study or analysis. Sometimes, they are too gullible to believe about easy money. With the rise of play-to-earn gaming platforms, I am sure, a lot of these young gen will be hooked into this. But they need to observe themselves if it is already affecting their mental health because that's critical at their age.
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September 04, 2021, 03:53:52 AM
 #47

All the young people who have lost their jobs due to the
।n Corona epidemic will be able to support themselves and their families with the help of online cryptocurrency. They can also make money by making long-term or short-term investments.
lol Youth mostly has no Job instead they are studying in which OP is pointing that they are engaging now in crypto because of having nothing to do outside so browsing the internet is what they do.
and to help their parents regarding the funding as they have no work or cannot even do business because of closure from the lockdown.
Many of my colleagues have also experienced a great help through their trading on cryptocurrency ever since this pandemic have started since we were out of school and have to stay home, we still wanted to find some sort of source of income to provide our needs and that is when some of my friends put themselves into engaging into cryptocurrency trading and other stuffs related to crypto so I can testify that trading, investing and other cryptocurrency related jobs have financed and help youths during these days.
My son also got involved in crypto gaming and small trading . because of this pandemic in which they have nothing to do inside the house .

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September 04, 2021, 04:34:55 AM
 #48


Probably less than  20% of the youth/teenager will engage in crypto trading unless they are really interested in doing so. The ones that they are gonna be more interested in the play-to-earn games in the crypto like the Axie. 

If they do however learn to trade, it's good to start young. A teen today who learns trading may really become very proficient when he is in his 20s. The long you get in the industry to better you become.

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September 05, 2021, 11:27:25 AM
 #49

Yes, holding is the best alternative for trading, but the problem is that holding does not guarantee profit either, since a lot of things can happen that affect your investment.

Still that doesn't mean trading is a better option. 99% of the youth in the industry assuming they just invested instead of initially wanted to gain in the shortest widow possible through trading would had been better off then where they're today. While there's profits if the market if you can understand it then outsmart it but still those profits can't be compared to what is to come out form hodling.

Many youths are missing out in the profits the industry holds because they bought into the idea of trading. So far holding has been the only constant profitable strategy in the industry when it comes to investing in Bitcoin. Some altcoins has also followed in the fullstep of Bitcoin byit that's not our focused of discussion.

There's no certainty that an altcoin would give profit if held but with Bitcoin, there's every possiblity of that been the outcome so then whey risk losing to the volatility of the market when you can simply hold unto your coins and even make more profit then you would had trading.

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September 05, 2021, 12:07:02 PM
 #50

I am one of those youths and now, I am proud to say that I am somewhat financially dependent in college because I am making money out of trading crypto and hodling some with the potential to go up in prices.

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September 05, 2021, 03:33:45 PM
 #51

I was also in my youth days when I discovered and started grabbing the opportunities offered here in the crypto world and to be honest, it wasn't easy and there's no shortcut to it unless you have people who would teach you everything about it. You have to earn capital first while learning at least the basics of trading by doing your own research. It will take a long time but it's all worth it. During this pandemic, our company has closed but I'm grateful that crypto trading has saved my finances.
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September 05, 2021, 03:53:29 PM
 #52

If you can understand cryptocurrency trading then you can definitely get something good out of it. It is often seen to buy and trade good coins from cryptocurrency trading platforms If you can, you can make a good profit. Even if you can do futures trading, your profit will come, but there must be maximum risks and maximum acquaintance. Otherwise you will not be able to trade futures.
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September 05, 2021, 03:56:00 PM
 #53

Yes, holding is the best alternative for trading, but the problem is that holding does not guarantee profit either, since a lot of things can happen that affect your investment.

Still that doesn't mean trading is a better option. 99% of the youth in the industry assuming they just invested instead of initially wanted to gain in the shortest widow possible through trading would had been better off then where they're today. While there's profits if the market if you can understand it then outsmart it but still those profits can't be compared to what is to come out form hodling.

Many youths are missing out in the profits the industry holds because they bought into the idea of trading. So far holding has been the only constant profitable strategy in the industry when it comes to investing in Bitcoin. Some altcoins has also followed in the fullstep of Bitcoin byit that's not our focused of discussion.

There's no certainty that an altcoin would give profit if held but with Bitcoin, there's every possiblity of that been the outcome so then whey risk losing to the volatility of the market when you can simply hold unto your coins and even make more profit then you would had trading.

What i have observed that first people trade without using stoploss in spot trading. Secondly if the coin goes up, they sell it early taking little profit. However if the coin goes down, they keep holding the coin when they are in loss.

It should be other way around, we should be out of trade at minimum loss and keep holding for more profits when in profit.

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September 06, 2021, 10:24:49 PM
 #54


Probably less than  20% of the youth/teenager will engage in crypto trading unless they are really interested in doing so. The ones that they are gonna be more interested in the play-to-earn games in the crypto like the Axie. 

If they do however learn to trade, it's good to start young. A teen today who learns trading may really become very proficient when he is in his 20s. The long you get in the industry to better you become.

It is widely known that the soonest you begin to save the more beneficial is to you and the earlier you get to retire, if at the same time you become a trader and you are good enough then this could be life-changing , the issue is that when people are so young  they are impulsive and they do not have control of their emotions so trading can be incredibly challenging for people that young and they could end up damaging their future economic prospects instead of improving them.
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September 06, 2021, 11:14:42 PM
 #55


Probably less than  20% of the youth/teenager will engage in crypto trading unless they are really interested in doing so. The ones that they are gonna be more interested in the play-to-earn games in the crypto like the Axie. 

If they do however learn to trade, it's good to start young. A teen today who learns trading may really become very proficient when he is in his 20s. The long you get in the industry to better you become.

It is widely known that the soonest you begin to save the more beneficial is to you and the earlier you get to retire, if at the same time you become a trader and you are good enough then this could be life-changing , the issue is that when people are so young  they are impulsive and they do not have control of their emotions so trading can be incredibly challenging for people that young and they could end up damaging their future economic prospects instead of improving them.
No one starts on being a pro and its just normal for those times on where you do become impulsive no matter how old or young you are and its just normal when you are in first time experience or dealing up with something.

Its really an opportunity if you do started up early and make yourself sustainable which would really be an advantage and make yourself ahead of others when it comes to financial aspect.
It does help but also you should mind off about the risk too.

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September 06, 2021, 11:39:18 PM
 #56

I am one of those youths and now, I am proud to say that I am somewhat financially dependent in college because I am making money out of trading crypto and hodling some with the potential to go up in prices.
congrats for your achievement in financial, now its proven anyone could make money by trading in finance market as long as we have will, faith and spirit to learn everything.  crypto market and other market provide us huge opportunity to growth and have financial freedom by earning money in trading. alot youth in my circles have everything they want that so far only be their dream.

If you can understand cryptocurrency trading then you can definitely get something good out of it. It is often seen to buy and trade good coins from cryptocurrency trading platforms If you can, you can make a good profit. Even if you can do futures trading, your profit will come, but there must be maximum risks and maximum acquaintance. Otherwise you will not be able to trade futures.
before start futures trade better improve our trading skill and quality in spot trade, make sure every posiiton have bigger possibility to earn profits. after we could consistant with it , maybe start with small amount in futures trader better for us.
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September 09, 2021, 04:42:17 PM
 #57

Due to a large involvement of technology, many of the young people got interested in trading as the recent growing technology make it easier for the people whether they are young or even old. So, it would be better for the people to invest and it can give much benefit for the people. Crypto now a days is growing and showing its strength all over the world.

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September 09, 2021, 08:35:21 PM
 #58


Probably less than  20% of the youth/teenager will engage in crypto trading unless they are really interested in doing so. The ones that they are gonna be more interested in the play-to-earn games in the crypto like the Axie. 

If they do however learn to trade, it's good to start young. A teen today who learns trading may really become very proficient when he is in his 20s. The long you get in the industry to better you become.

It is widely known that the soonest you begin to save the more beneficial is to you and the earlier you get to retire, if at the same time you become a trader and you are good enough then this could be life-changing , the issue is that when people are so young  they are impulsive and they do not have control of their emotions so trading can be incredibly challenging for people that young and they could end up damaging their future economic prospects instead of improving them.
No one starts on being a pro and its just normal for those times on where you do become impulsive no matter how old or young you are and its just normal when you are in first time experience or dealing up with something.

Its really an opportunity if you do started up early and make yourself sustainable which would really be an advantage and make yourself ahead of others when it comes to financial aspect.
It does help but also you should mind off about the risk too.
It is true that no one starts as a pro and we need to begin our journey as a traders and many times this means having to endure losses, but that is precisely my point, when you are so young it is difficult to have the mental maturity to accept those losses so this could lead to even more mistakes, which is why I think that unless a person has a lot of maturity it is better to just save and only once you have achieved that maturity though the years then you can begin to trade the markets.
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September 09, 2021, 09:03:05 PM
 #59

It really has benefit to the young people if they have enough knowledge about on trading, we know how those young people love technology and it seems it is easy for them to understand the concept of trading if they will study it, do the Math with a simple a draw price chart and then a simple prediction you can enter the market and do trading. It really helps those who are willing to learn and willing to make money on it. But we could not generalized the situation, not all are qualified for those who are possible to gain profit in crypto, or maybe they will lose their money on it because as we know trading is a form, of gambling and not all youth helped by trading.
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September 09, 2021, 09:41:40 PM
 #60

It really has benefit to the young people if they have enough knowledge about on trading, we know how those young people love technology and it seems it is easy for them to understand the concept of trading if they will study it, do the Math with a simple a draw price chart and then a simple prediction you can enter the market and do trading. It really helps those who are willing to learn and willing to make money on it. But we could not generalized the situation, not all are qualified for those who are possible to gain profit in crypto, or maybe they will lose their money on it because as we know trading is a form, of gambling and not all youth helped by trading.
But most of them doesnt really care about trading and only to those young minds who do pursue out on trying out something different and at the same time they could able to make money and thats why
some kids or young of age did really get caught their attention on something like this since they could see the opportunity that it could give which i considered to be good since earning money
or does have source of income do signifies that they could stand on their own without depending much on their parents but it is something depending on their take.

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