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Author Topic: How cryptocurrency trading have helped the youth.  (Read 889 times)
milewilda
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September 16, 2021, 08:20:07 PM
 #81

Cryptocurrencies don't just help young people, they help everyone involved. If you are really serious about exploring the crypto world such as investing, trading and following some personal and android sales, then the benefits that can be obtained will exceed the monthly salary of our main job.
because that's how I feel right now. I get many benefits and advantages. I have gained a lot from cryptocurrency so far. Trading is my current job as well as being active on the bitcointalk forum.
Well it is true that bitcoin can help anyone as long as they are willing to become part of this market, but there is no doubt that the ones that have obtained the most benefits are the young, older people simply do not get why bitcoin is valuable or they are in denial about it, many prefer to keep holding their gold and while that is also a good investment gold has not moved much during the last 10 years, while bitcoin has grown exponentially during that time and there is even the chance that it begins to eat away a part of the market cap of gold as people choose bitcoin over gold.
With now on having the current  status of technology nowadays on where that internet is within our reach then its impossible for the youth for them not able to be aware on what are the new trends
which simply means that if they are aware on this current market and jumped in with the opportunities then it could really possibly gave out those kind of benefits if they do able to do it well
but of course the risk is always there which they should really be aware of.It is really indeed helpful if you do ask me.

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September 16, 2021, 10:05:32 PM
 #82

These days every person at young age was more fascinated with games on mobile apps, and one way to deal with poverty I think crypto nft games provided them a great chance to show their capabilities. That's why on axie infinity that earns SLP as rewards for their skills it really helped their families who's in poverty, and unlike the typical games like cod or something it won't give them an income that could help them earn better.
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September 16, 2021, 10:32:11 PM
 #83

Trading cryptocurrencies: Trading cryptocurrencies is one of the simplest and most popular ways to make money with cryptocurrencies.
You make it sound so easy and tempting that any beginner or newbie will quickly create a short mental timeframe in his or her mind for them to make this money from cryptocurrency trading that you are talking about.
He has edited his post when I checked it. yeah, saying that trading cryptocurrency is the simplest thing is not that easy. trading crypto is full of risks, needs much attention, learning, knowledge, and also analysis. It is not that kind of simple and easy by buying low and selling high, not that easy.

Currently, many people including youth are coming into the crypto world, first because of the hype thing that happens in Bitcoin pump and also DOGE, mostly.
And many youths are also interested in trading because of the profits that they can earn.
Some of them are saying that it is very easy to earn money from trading, they think they can get money easily and quickly through trading. But they only focus on money, not on how the process that always requires risks.
I am happy for some youth or some people who are ready to take the risks, willing to learn more about crypto, trading, and analyses. I am happy to see people are coming here by awareness and also good cosndierations.
Many people including the youth are successful in trading.
But unfortunately, many are also failed because they are only following any hype, FOMO, and not willing to learn again, only going to earn money and money without any learning.

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September 16, 2021, 10:48:07 PM
 #84

~
Well it is true that bitcoin can help anyone as long as they are willing to become part of this market, but there is no doubt that the ones that have obtained the most benefits are the young, older people simply do not get why bitcoin is valuable or they are in denial about it, many prefer to keep holding their gold and while that is also a good investment gold has not moved much during the last 10 years, while bitcoin has grown exponentially during that time and there is even the chance that it begins to eat away a part of the market cap of gold as people choose bitcoin over gold.
With now on having the current  status of technology nowadays on where that internet is within our reach then its impossible for the youth for them not able to be aware on what are the new trends
which simply means that if they are aware on this current market and jumped in with the opportunities then it could really possibly gave out those kind of benefits if they do able to do it well
but of course the risk is always there which they should really be aware of.It is really indeed helpful if you do ask me.

We all have realized that the internet is very important today, because it has become a basic need for everyone. Most people have started
a lot of activities using the internet, So it is not surprising that today's young people are much smarter than their parents in using the internet.
That way, cryptocurrency, which is a new trend in making money in the internet world, must have been known to many young people. So it really
helps the existence of crypto for young people to be able to make money, especially in the current pandemic situation it is very difficult to find
work in the real world, but crypto trading provides a solution to be able to make money. As long as these young people study crypto properly,
they will understand how to trade crypto properly too, so it will be very easy for them to make money when trading crypto.

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September 17, 2021, 02:03:16 AM
Merited by Symmetrick (1)
 #85

That’s right. This pandemic has caused the unemployment rate in too many countries to increase, which not only affects people’s income, but also affects the country’s economy, so people have to find ways to make money to maintain their livelihoods.
I am a working class myself, and holding a fixed salary every month does not fully meet my needs for life. When I invested in cryptocurrency, I only chose to take a part of my savings and make the first investment. Now I think I have extra income on the original basis, and it is enough to meet some of my small needs.
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September 17, 2021, 03:17:22 AM
 #86

In the past few years when I entered the cryptocurrency, I feel that my knowledge has become broader and bigger than before. My mood fluctuates with the price and the market, which makes me more addicted to the crypto world, regarding crypto-related issues. I will take the initiative to understand and learn knowledge, and I have become more calm. Patience in the crypto market is very important, and everything will gradually emerge over time.
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September 17, 2021, 06:10:27 AM
 #87

I think apart from the different techniques of trading they have also helped the better understanding crypto currency and what it can bring to the future generations. Trading is all about earning the money where you stand good chance if you are very knowledgable and could compete the market. In the process user needs to understand the project in which they are investing, they can understand how the different techs are being developed and how they are shaping the future. Yes, different profitability projects are out there but crypto is so volatile that it has also taught the youth how to be patient and how not be greedy about your money.  Cheesy
I am not sure of others, but for me these are the lessons from crypto trading and now I always take the whole thing in calm way.
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September 17, 2021, 07:28:25 AM
 #88

It can only be said that it is precisely because of the joining of some new investors and young people that the volatility in the market has increased. They will experience the fun in the crypto market, which may also enrich their experience without a large amount of capital investment. Under the circumstance, starting a small amount and trading at the risk you can bear will also avoid making a wrong decision and leading to failure.
There are a lot of things involved in this, but learning is a lifetime thing, especially young people are better at analyzing and studying. Success is not so easy to do, but don't put all of your own into it.
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September 17, 2021, 08:16:03 AM
 #89

I'm one of them that cryptocurrency trading has helped. It make me feel good whenever i achieve good reward from my investments and also make me feel comfortable with my trading whenever lost occurred.
Cryptocurrency trading has helped many youths in my country, since the government made it legalized in the communities. It has eliminated unemployment in the country and many youths are engaged in cryptocurrency trading which they are doing well in the community. Many youth don't bother to look for job anymore in the societies than to engage their selves in cryptocurrency trading.

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September 17, 2021, 11:34:20 AM
 #90

To be honest with how the COVID-19 things goin on. The instrument of investment are rapidly increasing so you may have seen lot of different investment out there such as cryptocurrency trading where it's easily accessible anywhere you live and you can access it whenever you want and since the younger ones are probably doing nothing so having a side stuff to do such as trading would be a great idea.

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September 17, 2021, 05:02:14 PM
 #91

Actually I'm not a beginner on this industry but yes until now i used to day trade and scalping in order makes profits in just a sjort period of time.. Wherein for me it's reliable because you know despite of the situation it's very skeptic to rely in the market which mostly what happened is manipulation when market skyrocketed . So for me much better to scalping and day trade to prevent being stuck and to make quick profits instead.. That's a good decision to men to be honest..

Good for you that gained all of this and now got benefits from it, but for the others its too difficult for them to achieve for what you get before. So, I think this will depend in the determination and passion that have by each individual traders here in the forum or in this field of industry in the cryptocurrency. I wish everybody can do scalping and day trade most of the time. Although, I believed on your statement here pal.

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September 18, 2021, 08:49:54 AM
 #92

With now on having the current  status of technology nowadays on where that internet is within our reach then its impossible for the youth for them not able to be aware on what are the new trends
which simply means that if they are aware on this current market and jumped in with the opportunities then it could really possibly gave out those kind of benefits if they do able to do it well
but of course the risk is always there which they should really be aware of.It is really indeed helpful if you do ask me.
I agree here with OP because I know many youths those was feeling not good and after having jobs still looking for more and better future income now have very good things around them with the help of this even risk factor is on in ever field and this is also very serious in this but still many can learn this all with very quick sessions and much easily.

As we all know cryptocurrency is revolutionary for many communities and countries because this brings some very great things for humanity many great minds working day night for better vision and safe place for this world.
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September 18, 2021, 01:38:16 PM
 #93

With now on having the current  status of technology nowadays on where that internet is within our reach then its impossible for the youth for them not able to be aware on what are the new trends
which simply means that if they are aware on this current market and jumped in with the opportunities then it could really possibly gave out those kind of benefits if they do able to do it well
but of course the risk is always there which they should really be aware of.It is really indeed helpful if you do ask me.
I agree here with OP because I know many youths those was feeling not good and after having jobs still looking for more and better future income now have very good things around them with the help of this even risk factor is on in ever field and this is also very serious in this but still many can learn this all with very quick sessions and much easily.

As we all know cryptocurrency is revolutionary for many communities and countries because this brings some very great things for humanity many great minds working day night for better vision and safe place for this world.
Specially in nations that money is very scarce and people get 200-300 even as much as 500 dollars in minimum wage, crypto is a marvel for adults let alone kids. If you could work for a month, and make 100-200 bucks extra then you are going to be doing much better. Imagine how we could get paid 50 bucks for our signatures here, that's just weekly, that means 200 bucks monthly.

For a kid to make 200 bucks per month in a poor nation is an insane thing, it is seriously a better money than most other kids can do anywhere else by working. This is just signature campaigns, learn a skill or two meanwhile and build a CV in crypto world and you got yourself a good job that would basically be awesome salary that only a handful of elite adults can make while you are still a kid.

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September 18, 2021, 04:35:34 PM
 #94

Cryptocurrency trading has serve an incredible opportunity for the many individual who has been exploring the internet and discovered crypto, even for the youth. I think that cryptocurrency trading has helped people to have a source of income considering the limitations set by corporate requirements and this pandemic, and a platform to learn something that one can carry throughout this lifetime.
Cryptocurrency trading can give them unlimited income depend on their budgets and as long as we can follow the rules from the platforms, we can make a big profit from crypto. If the young people can use this as their income source, they will make a lot of money and they do not have to worry about how they can pay their school costs. This pandemic can bring to search for the positive things so they do not just sit down at their home while waiting for when the pandemic will end.

During this pandemic, the youth were certainly driven to explore more of the online world with all the time that they are spending at home. I could not agree more with you  that cryptocurrency trading could indeed help the youth not only on sustaining their needs but also prepare themselves to have a venture that will be really beneficial for them in the future.

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September 18, 2021, 04:49:39 PM
 #95

Hmm, not sure if teenagers or youth will go on crypto trading, maybe for some but that is an exception.

I don't know if you guys are familiar with this case: Young trader dies by suicide after thinking he racked up big losses on Robinhood. In this case, he got pressured and kill himself. So this crypto trading is dangerous for kids as their could be pressure mounting on them to make money at a young age.

True. Crypto trading is dangerous for youngsters because they quickly get  tempted to take buy sell decision based on emotional pressure  which leads to disaster in most of cases. Trading is a profession and it needs proper training as well as experience to be a successful traders. Although crypto is great opportunity for everybody to create extra income by investing, trading, mining and staking and  has created many young Millionaires but it didn't happen overnight they had passed through learning and training process as well as hard work  to reach there where they are today.









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September 19, 2021, 07:55:28 PM
 #96

That’s right. This pandemic has caused the unemployment rate in too many countries to increase, which not only affects people’s income, but also affects the country’s economy, so people have to find ways to make money to maintain their livelihoods.
I am a working class myself, and holding a fixed salary every month does not fully meet my needs for life. When I invested in cryptocurrency, I only chose to take a part of my savings and make the first investment. Now I think I have extra income on the original basis, and it is enough to meet some of my small needs.
People are going to do what they need in order to put food over the table, this is why I think bitcoin has a chance of becoming incredibly successful, because even if governments do not want bitcoin to succeed if people begin to see that those that have held bitcoin over the long term are making good money then they are going to want to be part of the market, and this tendency will increase especially if inflation keeps growing as it has done so during the last year.
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September 19, 2021, 08:40:19 PM
 #97

I think that a guide and a mentor must be present throughout the journey of the youth in exploring cryptocurrency trading. It cannot be denied that negative situations are possible to happen, but with the right knowledge, guidance and supervision, I think that it can be beneficial than damaging to the youth.
Those who are serious in making money will succeed in trading even they are young. I have known people who are young,starts young who invested in bitcoin even before it gets popular. Their using their school allowance , it will be based on their experience in life on how they will strive. No matter how many motivation books, stpries of success they read if they will not strive to work and learn on it and have no goal to learn how they can make it well for them then crypto is not for them. It's better to teach them young and let them see how they can handle it in small amount so they will know how to do it correctly when they already have a big amount to deal with.

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September 19, 2021, 10:47:40 PM
 #98

I think that a guide and a mentor must be present throughout the journey of the youth in exploring cryptocurrency trading.

honestly speaking where does one find an honest guide and mentor these days? most of the people I see want to make money at the expense of deceiving others with mentoring and courses. pretending to be a mentor has become a profitable business for many people. I would tell people to look for books and videos and forget about mentor

It cannot be denied that negative situations are possible to happen, but with the right knowledge, guidance and supervision, I think that it can be beneficial than damaging to the youth.

the negative situations will have many if the person enters some scammers as a mentor, the rest is something normal to lose money on some trade

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September 19, 2021, 10:47:45 PM
 #99

Those who are serious in making money will succeed in trading even they are young. I have known people who are young, starts young who invested in bitcoin even before it gets popular.
Exactly.
Sometimes, age will not determine how we are doing something. Although yes we also know that the youth will be more emotional than the adult commonly. However, if those who are serious to learn about crypto, start trading, and not only because of hype, they will be able to do it very well. Why? Because they are commonly having the great spirit to be more and more successful, like others. And they love money so much.
Commonly they will be seriously learning and doing some trial and error.
But once more, it will also depend on its individual.

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September 23, 2021, 04:07:07 PM
 #100

I think that a guide and a mentor must be present throughout the journey of the youth in exploring cryptocurrency trading. It cannot be denied that negative situations are possible to happen, but with the right knowledge, guidance and supervision, I think that it can be beneficial than damaging to the youth.
Those who are serious in making money will succeed in trading even they are young. I have known people who are young,starts young who invested in bitcoin even before it gets popular. Their using their school allowance , it will be based on their experience in life on how they will strive. No matter how many motivation books, stpries of success they read if they will not strive to work and learn on it and have no goal to learn how they can make it well for them then crypto is not for them. It's better to teach them young and let them see how they can handle it in small amount so they will know how to do it correctly when they already have a big amount to deal with.

Well said. I think that life experiences really push people, even at a young age, to strive more in life and make wise decisions to have a better future. In this context, the youth can really make money out of cryptocurrency trading.

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