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Author Topic: How useful is Bitcoin to the youth?  (Read 1253 times)
duckalis
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May 01, 2023, 09:27:48 PM
 #61

Young people are more interested in meme cryptos like DOGE, SHIB, and now PEPE. I think they choose altcoins in terms of quick profits or some frivolous idea.
BTC, on the other hand, is of interest to more mature investors who want to preserve their capital or make a profit in the long run.
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May 01, 2023, 09:42:44 PM
 #62

Young people are more interested in meme cryptos like DOGE, SHIB, and now PEPE. I think they choose altcoins in terms of quick profits or some frivolous idea.
How do you know young people prefer to buy meme coins? Do you make own research?
TBH, I have no idea which coins young people prefer to choose. But in my country, Bitcoin is the most popular coin, the popularity of altcoins isn't as well as Bitcoin. Moreover, there were many scam altcoins, people are a bit afraid to buy altcoins.

The hype of Doge, SHIB, or other meme coins is over already. Since many people lost big money on these coins, they are no longer the favorite coins to buy.  Grin

BTC, on the other hand, is of interest to more mature investors who want to preserve their capital or make a profit in the long run.
Sure. Bitcoin is safer and most appropriate to hold for a long time. That's why Bitcoin is always the main coin to hold for any investor.


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May 01, 2023, 11:38:42 PM
 #63


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.


Bitcoin is the currency of the Internet, it makes transactions so easy and seamless.

Also micropayments in the web and in real world can be made with lightning.

International payments have been solved with Bitcoin, it's just that the current owners of legacy institutions will fight against it to keep their pay cheques.

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May 01, 2023, 11:49:57 PM
Last edit: May 03, 2023, 08:38:14 PM by usekevin
 #64

Bitcoin was top most crypto currency hold by most of the traders.When the selling price is not suitable for the traders,hold the coin till the good price for that coin achieved.The foremost demands of the Bitcoin had leads to profit for the traders.It help the youth by paying their fee using the trading profits of the Bitcoin.From the forum itself,the youngsters earning good money and take care of themselves.They have pay their college fee by their own from their payments.Many college students was in forum now and earning money from the signature campaign and bounty to earn some money.
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May 01, 2023, 11:52:29 PM
Last edit: May 02, 2023, 12:16:35 AM by Vaskiy
 #65

Bitcoin was top most crypto currency hold by most of he traders.When the selling price is not suitable for the investor,hold the coin till the good price for the Pr achieved.The foremost demands of the Bitcoin profit to the traders.It help the youth by paying their fee using the trading profits of the Bitcoin.From the form itself,youngsters earning good money.
Bitcoin makes the youth self reliant than depending for their living and the needs. This is really good in one form, but there are chances of the young generation moving into the wrong path. So, along with the earning they should also have the social responsibility. If that's possible then for sure the youth will be the great benefactors out of bitcoin.

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May 02, 2023, 02:47:27 AM
 #66

In my opinion, for young people, BTC is very important, of course, for those who are interested in investing in BTC because investing in BTC is an easy thing because with money, cellphones and so on, of course our can make profits easily. and if investing in btc at a young age will certainly have good potential for their provisions in old age.
because investing in btc for long term is a good thing.
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May 02, 2023, 03:44:26 AM
 #67

Young people are more interested in meme cryptos like DOGE, SHIB, and now PEPE. I think they choose altcoins in terms of quick profits or some frivolous idea.
How do you know young people prefer to buy meme coins? Do you make own research?
TBH, I have no idea which coins young people prefer to choose. But in my country, Bitcoin is the most popular coin, the popularity of altcoins isn't as well as Bitcoin. Moreover, there were many scam altcoins, people are a bit afraid to buy altcoins.

The hype of Doge, SHIB, or other meme coins is over already. Since many people lost big money on these coins, they are no longer the favorite coins to buy.  Grin
That may depend on the region or country. In my country, altcoins and memes get more investor interest than bitcoin. Scams in altcoins abound, but there are also many projects that offer quick returns, so it still attracts a lot of investors willing to take risks.

You may not be following the meme market these days, AIdoge, PEPE, Bob...lots of other memes are taking the market by storm, and many people are rushing to invest in them. I don't see any signs that the meme hype is over.

BTC, on the other hand, is of interest to more mature investors who want to preserve their capital or make a profit in the long run.
Sure. Bitcoin is safer and most appropriate to hold for a long time. That's why Bitcoin is always the main coin to hold for any investor.


No one denies this, bitcoin has always been the most reliable and worthwhile long-term investment. But many people like to take risks, so they are still willing to invest in altcoins, memes...Everyone's preferences are different.

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May 02, 2023, 03:47:04 AM
 #68


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.


    -  Here in our country, many young people have heard of bitcoin, but they didn't really understand it, they just heard it and watched it on YouTube. That's why it feels like other young people here already know everything about bitcoin.

So those should be educated properly, but the young people who really have an interest should also have criteria to see if they really deserve to be taught or not so that the time to teach them is not wasted. Because we know that bitcoin can bring really good things if it is used properly and correctly.

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May 02, 2023, 04:18:45 AM
 #69


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.


young people will be a very important element for bitcoin, not only for a question of income or digital business, but because the new generations were born in the post-invention period of bitcoin and are more likely to learn technologies faster than any other elderly person in comparison . I believe that if at least one young person out of 1000 would register here on the bitcointalk forum they would immediately learn what bitcoin is

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May 02, 2023, 04:59:07 AM
 #70

I think for now bitcoin does not recognize gender or age issues considering that all people in this matter can still contribute equally.
It doesn't matter if it's young or old. Indeed, in this case there are many who claim that Generation Z is here and indeed that is also very good because at an age that can be said to be young, they are in conditions that are quite favorable to do it, but on the other hand, even though it is not a lot, it is not my problem flavor.

Talking more about bitcoin is definitely one of the good things besides introducing, this can also add new insights but it has to be seen also the environmental conditions and several other factors whether it supports or not to do that.

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May 02, 2023, 05:00:52 AM
 #71

Young people are more interested in meme cryptos like DOGE, SHIB, and now PEPE. I think they choose altcoins in terms of quick profits or some frivolous idea.
How do you know young people prefer to buy meme coins? Do you make own research?
TBH, I have no idea which coins young people prefer to choose. But in my country, Bitcoin is the most popular coin, the popularity of altcoins isn't as well as Bitcoin. Moreover, there were many scam altcoins, people are a bit afraid to buy altcoins.

The hype of Doge, SHIB, or other meme coins is over already. Since many people lost big money on these coins, they are no longer the favorite coins to buy.  Grin

You don't have to have an idea, the cryptocurency market is dominated by youths and what they're interested in will always be rising in trading volume as more people starts to invest in the project or start trading it for profits. Last month $Pepe was the most profiting coins as it was a new memecoin launched that saw the market value increase to over $300 million just with in weeks of it launching in the market.

Youths has so much impatience and what to make quick profits which is why they're interested in memecoins. The profits gotten from those altcoins investing and trading is what they use to buy Bitcoin. Bitcoin is useful as a store of value for youths and that's how I see the market.

R


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May 02, 2023, 05:12:05 AM
 #72

Due to a lack of knowledge or reluctance to understand, a lot of young people don't truly understand how the Bitcoin system operates. The majority of them view Bitcoin as a way to get rich quick, and if they come across someone who owns Bitcoin, all they can think of is that he must be a millionaire. It's not entirely true.
An instance from yesterday: I was speaking with a coworker, and when I mentioned that I traded bitcoins, he responded so bluntly that I felt as though I was telling a lie. And if I were truly interested in Bitcoin, I wouldn't be out of a job. His own understanding of Bitcoin is in fact incorrect. Even though having Bitcoin can serve as a secondary source of income for you, having it does not actually mean that you shouldn't work.

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May 02, 2023, 05:29:26 AM
 #73

The younger generation will find many advantages with this technology, because they are more technologically inclined, so the adoption rate will be much higher under the younger people.

The younger people are also living a much faster life, where they want instant gratification and faster technologies. Fiat currencies and payment systems are outdated and slow... so Bitcoin will be a better fit for them.  Wink

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May 02, 2023, 06:02:14 AM
 #74

This will be an advantage to young people who will understand bitcoin correctly. That's why bitcoin is not for everyone but not everyone is for bitcoin.

     What does it mean when I said this, there are other people who just want to learn bitcoin just to make money and they think they will get rich because of bitcoin. But the very concept or purpose of bitcoin is something they don't really understand. So as a result most people who knew what bitcoin was didn't last long in this industry either.



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May 02, 2023, 06:09:58 AM
 #75


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.


Even though most Bitcoin users are young people, there are also many young people who don't want to use Bitcoin in their transactions and stick to using debit cards or fiat, because they think it's too complicated to use a crypto wallet and understand how Bitcoin works. Therefore, it is necessary to educate young people about Bitcoin to be able to increase their enthusiasm and explain that Bitcoin gives them financial freedom which cannot be provided by fiat or debit cards. Especially now that it seems that developers are more innovative in developing payment applications with crypto, that might be able to attract young people to use Bitcoin, especially those who don't really understand technology, it can make it easier for them to adopt Bitcoin in the future.

R


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May 02, 2023, 06:24:04 AM
 #76

There's actually a quote says that "the youth is the future" so for them having a knowledge and ideas on how Bitcoin works, would be a huge advantage for them. It's like a weapon when they face the battle in the reality of money talks and sources. I don't find them really becoming a millionaire instant with that knowledge they might acquire early, but starting early would have many benefits for them. They can still enjoy their life as they have investment that could sustain their future.

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May 02, 2023, 06:28:37 AM
Merited by fillippone (1)
 #77

in this case some young people know about bitcoin and some don't because it's rare for people to teach bitcoin.
In my opinion, of course there is nothing wrong if we have friends or relatives and we suggest that they learn and find out about btc via the internet and also through this forum (bitcointalk.org)
but there should be no element of coercion.

I think bitcoin is suitable not only for young people but in my opinion bitcoin is for all ages
(young people and old people)

because in my opinion even though they are old people but if they invest in btc
of course it's never too late, there are even parents who buy btc to be used as an inheritance for their children when they have passed away.
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May 02, 2023, 06:51:12 AM
 #78

We are now in the digital era, and who are the ones who can adopt it the fastest? The youth.
As long as they have all the tools, they're the ones who will flourish in this era. I mean look at the youths right now. In some countries, most of the youths already have the tools needed to have access to Bitcoin.

Youths are the ones who can adopt it easily because it will be easier for them to sink in the information compare to an old person or a senior person or even a young toddler. Youths are better when it comes to using technology compare to the old people right now.

We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.
If only some youths have time to learn about Bitcoin, they will be the ones who will let themselves in, invest, and use Bitcoin. I mean I don't like convincing people to use Bitcoin blah blah, but I'd rather let them give some tools that will give them lots of information with regards to Bitcoin, and I'll let them decide whether they're interested on it or not. Well, there are many tools online that an average Joe can help them learn about Bitcoin.

Benefits of Bitcoin? You can already find it on Youtube. Youths are spending lots of time watching Youtube, but instead of watching educational videos, they're wasting their time watching entertainment videos that isn't giving any useful information for them.

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May 02, 2023, 07:52:42 AM
 #79


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.

Youths now love to explore and indeed that crypto is one place where they wanted to look at nowadays.

Even my Highschool niece ? i was amazed that he knew about bitcoin and yes he is planning to buy using His allowances .
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May 02, 2023, 08:13:00 AM
 #80


Youth are interested in Bitcoin because it's easy to work with if you understand the ntrigrity also it's a way to make money, over time BTC has risen, and with this, the youth may be interested in a way to do business digitally.
We need to talk more about the benefit of Biticion in other to attract more youth because the majority do not know how this coin works.

At this time, most young people still don't know about crypto digital assets such as bitcoin, even those who already know most of them only think at a glance and don't want to profit from digging deeper. But things like that are natural for young people, because most young people still have unstable minds and most of them still really enjoy their youth. But that doesn't mean that young people nowadays don't invest in bitcoin, especially in this sophisticated era, investing can be done by anyone. Even though there aren't many, young people who are starting to invest in crypto (bitcoin and altcoin), are currently experiencing a significant increase. So actually there is no need to do anything serious to get young people to invest in crypto, especially bitcoin, because nowadays information is very easy to find, it's just that the most important thing is to be able to filter it before trusting the information. For example, like advertisements on YouTube, I personally often see application advertisements related to the bitcoin/crypto market. Surely young people who are often active on social media must have occasionally seen advertisements related to bitcoin/crypto. So actually it's only a matter of time until young people today can get to know crypto(bitcoin) and invest in it.

And if only today's young people are aware of the potential of investing in bitcoin (crypto), of course it will have a positive impact on their future. Provided they are willing to fight "to learn more about bitcoin (crypto)". So don't be careless in investing.

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