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Author Topic: EPISODE 2: I TEACH YOUNG ADULTS ON BITCOIN TRADING  (Read 223 times)
Davidvictorson
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September 05, 2022, 04:35:53 PM
 #21

And here it is, one day these young people came to my home before dinner and I didn't expect them to ask me if I could continue with the second session and of course I said, yes why not... So I was teaching them about bitcoin. And on this occasion, I started familiarizing them with the introduction of bitcoin trading with a simple explanation in our language of course.
The first step in acquiring new knowledge in my opinion is desire the desire to learn. I have followed your thread since you made the first post and I applaud you for your consistency. It goes to show you are a great teacher. In your next session with them, not forget to talk about the risks. Do not forget to teach them about scammers and their sophisticated ways of perpetrating their evil acts. Just take it slow and steady so that they do not get scared and confused. Looking forward to your next session with them

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Potato Chips
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September 05, 2022, 04:43:19 PM
 #22

Though I also have high privacy concern, but I don't think it's good to use No KYC exchanges in trading due to less liquidity, maybe Kucoin is just the only option for him.

Still depends on what you're trying to do. It's nothing too bad if you're just dabbling with major altcoins and/or have widely used payment methods for fiat. We're also talking about newbies here so I'm not expecting them to deep dive (e.g. day trading) into trading with OPs guidance.

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freedomgo
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September 05, 2022, 08:30:38 PM
 #23

Nice follow up teaching, but do you think it not that too early to tackle trading Bitcoin when they had a little grasp of what really Bitcoin is?  They might end up blaming you if ever they failed on their trading venture since they haven't got any fundamental learning of Bitcoin and its market.
Thank your for your persistency OP and being patient to teach your neighbors in the best way you can. However, I also think that teaching them about bitcoin trading and letting them experience on it with just a short period of bitcoin discussion might be too early to do this. I guess they’re still seeing bitcoin as more of a quick profiting, so they might not yet ready to gain losses in trading at first. Just focus first on knowledge acquisition, and show them first demo trading tutorials so they will gain more ideas on crypto trading.

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