I'M back! My next move with Bitcoin

[wajik-tempe]

I remembered early of this year i was just cameback from my long hiatus ( almost 2 years ) before i got back again in crypto and already made a quite decent profits this year.
Welcome back anyway, hope your plans goes well and could bring more people to crypto space.
All of those plans are looking great and i'm looking forward for the progress 

[fiulpro]

1. Use YouTube videos to educate him it's really interesting and some people I found did make a lot of things very easy

2. There are many courses as well available online for Bitcoins therefore it might help you out, if he is able to understand them as well

3. There are companies offering courses for kids!! Here in Ukraine parents generally sends their kids to such schools where they are professionally taught about bitcoins and other cryptocurrencies which I always find interesting.

4. He can also own his own NFT launch and even try and make something that can hold a value, it might not be successful but it would be worth the whole experience.

5. He should definitely study about the El Salvador and how they are planning to make the whole economy more consistent with Bitcoins and other cryptocurrencies.

6. Using renewable sources of energy with Bitcoin mining is a big plus as well. Teach him about that would be cool!

[kryptqnick]

Hello everyone, I am back. Actually, I have been inactive for some time. I had a board exam and I think I missed a lot of things in the crypto forum. And I am so grateful to those people who messaged me on telegram and asked me why I wasn't active. Here I will share the exact reason. And honestly speaking, I missed this forum a lot.




Heres my next plan with bitcoin:

1: I'm going to teach my brother about bitcoin because he's curious about it.And the thing is, he is just 12 years old. And it's a challenge for me to educate him about bitcoin. Let's see how I can setup a lesson for him so that he won't get bored. 

2: One of my photographer friends heard about NFTs and is now interested in getting into them, and he wants my help.

3: I'm going to setup a trading desk.

4: Are you thinking about starting a new portfolio?

Regarding your brother, maybe you should try to talk to him about how money works in real life, see what he knows so far. Then you can ask how he feels about inflation, when suddenly you have the same amount of money but can afford less on it. Cases of hyperinflation can be interesting to talk about, such as a billion dollar banknote in Zimbabwe being nothing. Then, from that, you could move to talking about the ways Bitcoin is different.
Regarding NFTs, it's a dangerous business that can make one lose a lot of money with unfortunate investments, so you and your friend should be careful.

[mk4]

I'm probably late, but don't make the common mistake of promoting bitcoin(and cryptocurrencies/NFTs) in general as a money making scheme. The last thing you want is people to invest based on your recommendation/advice, then with them ending up getting burned in the end. This is how families and friendships get broken.

[Alisha FR]

First of all I want to welcome you, the plan you are about to do is very good. You come back with reasons that can motivate others to learn crypto. I'm sure your 12 year old brother has thought well that he should learn about bitcoin. I just hope you never get tired of teaching him.

[bitzizzix]

I'm probably late, but don't make the common mistake of promoting bitcoin(and cryptocurrencies/NFTs) in general as a money making scheme. The last thing you want is people to invest based on your recommendation/advice, then with them ending up getting burned in the end. This is how families and friendships get broken.

That's what I worry about when relatives or friends get involved and suffer losses because it doesn't match what I suggested and expected and eventually they will blame me.
because I have a relative who wants to learn or get involved with bitcoin and but I only suggest to open you tube and also some guide sites to get to know bitcoin in more detail, how it works and also the risks which I think is more effective and also clearer and easier to understand, depend on hard work and effort until they are really ready.

[South Park]

Heres my next plan with bitcoin:

1: I'm going to teach my brother about bitcoin because he's curious about it.And the thing is, he is just 12 years old. And it's a challenge for me to educate him about bitcoin. Let's see how I can setup a lesson for him so that he won't get bored. 

If your bother is really interested in bitcoin then there is no need to make your explanation fun or approachable either, just explain the facts to him and let him come to his own conclusions about why this technology is going to change the world, however if you can, try to encourage him at the beginning to only invest in bitcoin and leave altcoins alone for some time, as it is going to be very tempting to try to invest in those coins but he is not going to be ready for them due to his inexperience.

[Rengga Jati]

Hello there...

1: I'm going to teach my brother about bitcoin because he's curious about it.And the thing is, he is just 12 years old. And it's a challenge for me to educate him about bitcoin. Let's see how I can setup a lesson for him so that he won't get bored. 

Well, this may be little bit difficult moreover in that age, his emotion and also interest on crypto will probably be changing based on mood, curiosity, and also  other factors. But, yeah, this will be  a great challenge. So far, I told my sister that is in 15YO and he is learning trading. It really need patience to tell whatever about crypto, including the risks that will probably face later.
Sometimes, kids are only interested in something worthy and that make money and they may think that it is super easy to do it. No problem, because this can be a motivation tot hem, but tell them the exact true information about the positive and negative sides, never only tell about the promising things from cryptocurrency because kids will be more easily feeling disappointed. Good luck

[sweet bb]

Our DFBTC economic model is mainly divided into three parts. As everyone knows, our previous information has explained that DFBTC is a cross-chain of BTC to other main chains to increase liquidity and diversity of DEFI investment. In our V1 version, we cross-chain to the Ethereum mainline and provide the community and users with diversified DEFI investment options. First of all, users can choose to make DFBTC by investing in shares. We are the first DAPP on the entire network to anchor digital assets with double interest, and the first DAPP on the entire network to anchor digital assets with 100% decentralization.

The first section is Staking
He can double interest, the user can get BTC and AOM at the same time.
The second section is the guarantor node
Guarantor node, with the corresponding mortgage assets custody BTC, can get the custody fee, as well as the mortgage assets income.
The third section is Lending
Users can choose deposit business and loan business, such as deposit one kind of high quality asset can earn interest, need other assets can directly lend other assets.

[Dr.Osh]

Welcome back. for the first one, I think it's a good thing for your brother. This news might make you even more excited to teach your sibling about this technology.

https://www.cnbc.com/2021/08/31/kid-siblings-earn-thousands-per-month-mining-crypto-like-bitcoin-eth.html

for the new portfolio, I think we have to continue to adjust to these circumstances. Personally, I do that, and if you come back, then you have to adjust to that. however, without a portfolio, you can't focus on growing the coin you're targeting.

[slaman29]

This just gives me an idea actually that maybe I need to do this! As in, give up all of this. Totally focus on my life and work and then come back after 5 years and see where everything's at

Of course, this is just an idea I know there's nothing to keep me away from reading forums and keeping on betting which anyway will always alert me to what goes on with Bitcoin lol

[suzanne5223]

Welcome back. for the first one, I think it's a good thing for your brother. This news might make you even more excited to teach your sibling about this technology.

https://www.cnbc.com/2021/08/31/kid-siblings-earn-thousands-per-month-mining-crypto-like-bitcoin-eth.html

The story you shared is really fascinating but the truth of the issue is that cryptocurrency mining is not meant for individuals that can afford to spend at least $4K to establish a mining rig.

for the new portfolio, I think we have to continue to adjust to these circumstances. Personally, I do that, and if you come back, then you have to adjust to that. however, without a portfolio, you can't focus on growing the coin you're targeting.

I don't encourage people to start a new portfolio now cause all the crypto in the market are at peak price though it is good to examine the coin you wanted to invest in now.

[breathlessz]

I am interested in your words who want to return to trading, with trading we can sharpen our minds to continue working, but to teach brothers who are immature to trade, I don't think it's time yet. because the first thing is psychological. But if it's just knowledge, I don't think it's a problem

[Dhaniii]

bitcoin returns to the old price, it's still hard to meet the new price. bitcoin experienced a sharp correction from $56k falling to $52 this morning. Let's not compete to invest at a low price, afraid that the opportunity will not meet again at this low price. You can start a new portfolio with a low price portfolio so that the value of your assets is even more.

[Reatim]

Welcome back mate.

Please push your younger brother to adopt cryptocurrency and specially bitcoin because this is what their generation needs.

Yeah in our country it is rarely to find youngsters that wanted to learn crypto and blockchain , but with our help as mature yes they will enter and be successful here things that we are frustrated as late comers .

[elisabetheva]

bitcoin returns to the old price, it's still hard to meet the new price. bitcoin experienced a sharp correction from $56k falling to $52 this morning. Let's not compete to invest at a low price, afraid that the opportunity will not meet again at this low price. You can start a new portfolio with a low price portfolio so that the value of your assets is even more.

bitcoin has experienced a drastic correction since reaching ATH which is only one step away from breaking through $70K, but it has not been achieved until now, certainly something out of the ordinary for bitcoin. I agree with you when bitcoin is down as it is today, it's definitely an opportunity to save more because bitcoin will change , with the price achievement going up again. so this opportunity is at least not to be missed because bitcoin will always increase in time.

[GeorgeJohn]

At first welcomed back to bitcointalk community, it's nice to have such mindset to educate younger one for getting acquainted with bitcoin foundation and knowledge, at the beginning of introduction of bitcoin and also the forum, the major objective while is created is circulates the knowledge of bitcoin to people the knowledge is unknown to, i have no Young one to bring on board via bitcoin, but at least i have queue of people who knows bitcoin today through me and I'm excited about it till date, i applaud you for teaching people bitcoin, on my own i think it's good to let children of ten years to know what is cryptocurrency so that they will know the rudiments of bitcoin before they will get to twenty years.

[GreatArkansas]

NFT is not so related to Bitcoin.

Try to read also this news: This 12-year-old coder is set to earn over $400,000 after about 2 months selling NFTs

These young generations are the future, so I am glad to hear that you are willing to teach your sibling and she/he is interested.

Another thing is, I don't think you are late and can tell it. As you heard recently we made new all-time-highs after that huge dumps and pumps in just a short period of time, so be careful of these volatilities, especially if you are planning to trade.

[Alisha-k]

Welcome back and good luck on your next moves...
It's a good thing to share our knowledge with our loved ones, I  hope your brother finds Evey bit of your Bitcoin journey with interesting and gets willing to learn more about it, I'll also advice that you download videos on YouTube for his age so he gets to learn better...
 
Good luck

[Shasha80]

bitcoin returns to the old price, it's still hard to meet the new price. bitcoin experienced a sharp correction from $56k falling to $52 this morning. Let's not compete to invest at a low price, afraid that the opportunity will not meet again at this low price. You can start a new portfolio with a low price portfolio so that the value of your assets is even more.

bitcoin has experienced a drastic correction since reaching ATH which is only one step away from breaking through $70K, but it has not been achieved until now, certainly something out of the ordinary for bitcoin. I agree with you when bitcoin is down as it is today, it's definitely an opportunity to save more because bitcoin will change , with the price achievement going up again. so this opportunity is at least not to be missed because bitcoin will always increase in time.

Bitcoin's performance has continued to decline since reaching the ATH price, now the Bitcoin price has fallen 28% from the ATH price. This is not
exactly what we want to see this December, as many people were previously optimistic that Bitcoin would hit $100k. Now it seems that we have
to think realistically, in fact it is very unlikely that Bitcoin will reach a price of $100k this year. But we also have to look at the positive side of
the current Bitcoin price decline, which opens up opportunities for us to buy Bitcoin at low prices. Because after all Bitcoin will definitely recover soon
and the price can go much higher. So buying Bitcoin now will give we a big profit in the future. If we learn from the history of the Bitcoin movement,
we will understand that Bitcoin can always recover and rise again in price much higher every time it experiences a decline in price. So there is no need
to hesitate to buy Bitcoin, because the future of Bitcoin is indeed very bright.