Young people should take more advantage of the crypto space.

[Ziskinberg]

The younger generation is actually fortunate because they have this opportunity to learn about cryptocurrency at an early age. However, more of the youth these days need enlightenment about how the blockchain teachnology really works. It should be introduced in each country in a broader way so more of the new generation would have a complete idea on how to handle it because even us, the older generation are having a hard time dealing with its risk sometimes.
A huge number of the new generation still needs enough education about how cryptocurrency really works and if more would have openmindedness about it, many will surely commit on crypto space which will surely have a huge impact on our economy in the future.

Well, we can say that they are fortunate enough because they know Bitcoin at an early age but the question is if they are really interested in this or if they are interested in another thing. Because even though we thought this in school and had explained it well still we can't assume that all of the current generations had an interest in crypto as just like we have in the past, some will ignore it and think negatively.

Generally, age doesn't really matter because the important is if we have trust and interest as this will bring us to make a decision to invest.

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[benoitlopes]

I couldnt agree more, the market may crash in the foreseeable future but the way AI is taking over I would say there will be some need for a crypto integration.

[gurunanakji777]

We're all aware that blockchain technology is poised to bring about significant changes in the near future. Indeed, the younger generation has the opportunity to delve into cryptocurrencies and engage in investments within this realm, much like they do with stocks, gold, commodities, and real estate. The field is experiencing remarkable growth, with the crypto market offering attractive returns on investment. However, it's important to acknowledge the heightened risk associated with this market. Moreover, we must prioritize the safeguarding of wallets to prevent unauthorized access, and address the issue of hackers infiltrating exchanges. These aspects require attention in order to enhance security and instill confidence among new investors.

[iv4n]

I think that younger generations will take more advantage of the crypto space, actually, they are doing that already. But for me, it's much more interesting to think about what young people can achieve with the help of cryptocurrencies besides financial benefits. I believe crypto can be a necessary tool for major changes in the world. All that is needed are people who will support it, and as time goes by new young people will come, and there will be more and more crypto people in the world... with enough supporters around the world, the changes will come. In my opinion, it's a question of time. But in the same time I am aware that we can wait for decades before that.

[aseprebel]

young people should take more advantage of the crypto space depends on their individual circumstances, risk tolerance, understanding of the technology, and their ability to make informed decisions. Like any financial endeavor, it's important to approach the crypto space with a combination of enthusiasm, education, caution, and a long-term perspective.

[Xal0lex]

I think that younger generations will take more advantage of the crypto space, actually, they are doing that already. But for me, it's much more interesting to think about what young people can achieve with the help of cryptocurrencies besides financial benefits. I believe crypto can be a necessary tool for major changes in the world. All that is needed are people who will support it, and as time goes by new young people will come, and there will be more and more crypto people in the world... with enough supporters around the world, the changes will come. In my opinion, it's a question of time. But in the same time I am aware that we can wait for decades before that.

I agree that the younger generation will be much quicker to accept cryptocurrencies into their daily lives. Much faster than the conservative older generation who are skeptical of such innovations. Another problem with the use of cryptocurrencies is their meager utility. With bitcoin we develop crypto payments, while with altcoins we only develop trading and various speculations, which are often accompanied by scams. A serious jump in the use of cryptocurrencies will happen precisely when people learn to see cryptocurrencies primarily as utilitarian properties rather than a Pump & Dump scheme. It is for this reason that the NFT proliferation has been a failure and almost all tokens have instantly devalued. People have not yet been able to endow them with utilitarian useful properties.

[Kelvinid]

young people should take more advantage of the crypto space depends on their individual circumstances, risk tolerance, understanding of the technology, and their ability to make informed decisions. Like any financial endeavor, it's important to approach the crypto space with a combination of enthusiasm, education, caution, and a long-term perspective.

Indeed, it depends on how they see Bitcoin whether it was an opportunity or just a waste of their time because we can't force them either. However, putting to the situation that they are more engaged in new technologies, it was not hard for them to understand this stuff but money as capital will also matter a lot to them. Because it was difficult to start investing without enough capital, we can't either say that they will take a loan for this but it should be their well.

Overall, this is a great opportunity for young people but still, they must consider their financial capabilities as well.

[nelson4lov]

young people should take more advantage of the crypto space depends on their individual circumstances, risk tolerance, understanding of the technology, and their ability to make informed decisions. Like any financial endeavor, it's important to approach the crypto space with a combination of enthusiasm, education, caution, and a long-term perspective.

True that. It depends on a number of factors but I will say that it should be recommended for all young people considering the fact that most of the traditional financial service providers always end up f**king up their users. I have seen these time and time again. And also the fact that traditional finance is too restrictive. I mean, for someone planning to do a business, they'd have to tick a lot of boxes all in the name of compliance. Finally, getting crypto early will ensure young people are aware of the trends. Most of the aged people we seen today didn't take action on trends that were active in their time.

Crypto is here to stay. Better to get on the bandwagon even if its only on a "want to know" basis or as a hobby.

[Blitzboy]

young people should take more advantage of the crypto space depends on their individual circumstances, risk tolerance, understanding of the technology, and their ability to make informed decisions. Like any financial endeavor, it's important to approach the crypto space with a combination of enthusiasm, education, caution, and a long-term perspective.

True that. It depends on a number of factors but I will say that it should be recommended for all young people considering the fact that most of the traditional financial service providers always end up f**king up their users. I have seen these time and time again. And also the fact that traditional finance is too restrictive. I mean, for someone planning to do a business, they'd have to tick a lot of boxes all in the name of compliance. Finally, getting crypto early will ensure young people are aware of the trends. Most of the aged people we seen today didn't take action on trends that were active in their time.

Crypto is here to stay. Better to get on the bandwagon even if its only on a "want to know" basis or as a hobby.

Traditions of money management? These old things cant keep up with the modern. These organizations have ruled for centuries, yet they've only created systems that benefit them. Businesses must go through safety hurdles. They stifle creativity, ambition, and innovation.

Young people now must break these old shackles. Check it out! All elderly folks missed at least one important trend. Continue repeating the same mistakes? No. Cryptocurrencies are a shift, not a trend. A wave that will transform our economy. I say steer the train, not just jump on it!

[Tipstar]

Young people are willing to take more risks as compared to older generation. They are quick at adopting new technologies and learning new knowledge. They have better idea about what the future of finance and technology would be like. So, they naturally see a good scope in crypto space both financially and as an integrated technology.
They with their calculated risk can be more successful than their average older generation. And with advanced financial instruments in their hand, they can reshape the future of finance and financial structures.

[Bushdark]

There are so many profits from the Crypto market if we are ready to follow the path other people are following to market profits like trading, investing, staking etc. Those that have there own strategies as a trader or ordinary investors will surely keep making profits from the market because they have a way they do it to make themselves different from other investors. We need to have a style of making money from the market or else we can end up losing without knowing what could be the problem we are having.

[justdimin]

Young people are willing to take more risks as compared to older generation. They are quick at adopting new technologies and learning new knowledge. They have better idea about what the future of finance and technology would be like. So, they naturally see a good scope in crypto space both financially and as an integrated technology.
They with their calculated risk can be more successful than their average older generation. And with advanced financial instruments in their hand, they can reshape the future of finance and financial structures.

I would guess that the main reason for that is the fact that older generation could work and get something with their money, the world is filled with old generation people who worked at paper mill and bought 2 houses, one for winter and one summer vacation house.

The sad truth is that we are not going to end up with that, it is not going to be possible and we are going to end up with a result where it is not going to be possible for us to buy even a single house as a PHD if we want. That's the difference, you could be a high school drop out in 60's and work at some stupid job and buy a house and a car, you could be a PHD that is making ton of money and not be able to buy a house. Hence why the new generation works with more risk.

[traderethereum]

If young people can look for information about crypto in the right places, they will find many opportunities they can get to start working according to their talents.
However, young people are still interested in having a career offline because some think it is something they have always wanted.
If they can realize that technology is advancing and they can take advantage of that technology by learning, they will realize that the opportunities to achieve financial freedom will be more wide open because they can get many income opportunities that they can get.
Only a few young people want to start their careers online and still think that online careers cannot produce real results like offline ones.

[Silberman]

Young people are willing to take more risks as compared to older generation. They are quick at adopting new technologies and learning new knowledge. They have better idea about what the future of finance and technology would be like. So, they naturally see a good scope in crypto space both financially and as an integrated technology.
They with their calculated risk can be more successful than their average older generation. And with advanced financial instruments in their hand, they can reshape the future of finance and financial structures.

Young people should take more calculated risks as it is on their interest to do so, after all if they happened to lose some of their money in an investment then they have a lot of time to recover, and if they are successful then their life can become way easier from that moment on, the issue is that they cannot recognize the difference between a calculated risk and a dumb one, so they invest in all kind of shitcoins hoping for the best when in fact they have almost no chance at all to make profits with those kind of coins.

[cheezcarls]

Cryptocurrency has revolutionized the way we perceive and interact with finance, and its impact on society cannot be overstated. This decentralized digital currency has brought about significant changes in various aspects of life. Firstly, it has provided individuals with an alternative to traditional banking systems, allowing for faster and cheaper transactions across borders. Cryptocurrency also offers enhanced privacy and security, mitigating the risk of identity theft and fraud.

Moreover, cryptocurrencies have opened up new avenues for investment and wealth generation. The blockchain technology behind cryptocurrencies allows for the creation of decentralized applications and smart contracts, enabling innovative solutions in various industries such as finance, supply chain management, and healthcare. This has led to increased entrepreneurial opportunities for young people, empowering them to create and participate in decentralized projects.

To leverage cryptocurrency effectively, young people should focus on education and awareness. Understanding the fundamental concepts of blockchain technology, as well as the risks and opportunities associated with cryptocurrencies, is crucial. They can join online communities like bitcointalk, attend blockchain conferences, or take online courses to gain knowledge in this field.

Furthermore, young people can explore career opportunities in cryptocurrency-related industries, such as blockchain development, cryptocurrency trading, or digital asset management. By acquiring relevant skills and staying up to date with industry trends, they can position themselves for success in the emerging digital economy.

In conclusion, cryptocurrency has brought about transformative changes in various aspects of life, offering financial freedom, innovative solutions, and investment opportunities. To leverage its potential, young people should equip themselves with knowledge, explore career prospects, and actively engage with the cryptocurrency community. By doing so, they can harness the power of this technology and shape the future of finance and beyond.

You know what I have regretted? For not knowing and starting to explore Bitcoin and crypto when I was still young.

It was in 2014 when I got introduced to Bitcoin for the first time. It’s where I have created my forum account and also Coins PH and Blockchain non-custodial wallet. And then what happened?

I ignored it for 3 1/2 years because I thought that I should invest on 1 BTC and not in satoshis. That time, BTC’s price was under $600. I was broke and in bad debt, so I cannot afford to put my money there and continued doing unstable freelancing and network marketing stuff.

When BTC reached $10k for the first time in 2017, that’s where I got back into Bitcoin. But it’s better to be late than never, you know?

I give credit to Bitcoin of who I am today. Being debt-free, can afford to buy stuffs, travel anywhere, building Web3 communities, invited as keynote and panel speaker, etc.

[8rch7]

I totally agree with the opinion that young people have to contribute a lot in cryptocurrency, don't have a lot of needs because not having dependents is an opportunity for young people to invest large amounts in cryptocurrency. Can't get more advantage later when having family and our money limited for investing or take advantage trough cryptocurrency investment.

Young people should take more calculated risks as it is on their interest to do so, after all if they happened to lose some of their money in an investment then they have a lot of time to recover, and if they are successful then their life can become way easier from that moment on, the issue is that they cannot recognize the difference between a calculated risk and a dumb one, so they invest in all kind of shitcoins hoping for the best when in fact they have almost no chance at all to make profits with those kind of coins.

Young people not faced problem when getting down with their investment and keep more patience waiting until cryptocurrency assets up again, difference with adult and have family, they don't have more patience because can't manage with their family needed in daily day and selling cryptocurrency assets is the first option thing.

[Gallar]

~Snip

In some ways I agree with you, because the fact that cryptocurrency is currently an alternative path in several ways. Such as being able to make payments between countries, relatively low fees (not all crypto), privacy that is always maintained, and a decentralized system of course (only bitcoin). So if young people are currently getting into the world of crypto, this can indeed be said to be a very appropriate action. Because basically young people have to learn and have to be willing to try to invest. That's why cryptocurrencies really have to be introduced to young people. So that they are aware of the importance of investing and also so that they know that in cryptocurrency they can find various things related to transactions/exchanges.

But there are a few things that I think you are too much point in your opinion on cryptocurrencies. As is the case with decentralization and low shipping costs. Whereas as far as I know cryptocurrencies are mostly centralized and only bitcoin has a decentralized system (correct me if I'm wrong). In addition to shipping costs or fees, each cryptocurrency has different fees and these fees can change from time to time. So the point is that fee fees in crypto currency have a low price, and some have a rather expensive fee. For example, ethereum, which has quite expensive shipping costs. Even though this is not a big problem for me, at least the information or opinion you provide must be more detailed and specific, so as not to cause confusion.

[Questat]

Young people not faced problem when getting down with their investment and keep more patience waiting until cryptocurrency assets up again, difference with adult and have family, they don't have more patience because can't manage with their family needed in daily day and selling cryptocurrency assets is the first option thing.

You can't be sure of that what I notice is that this current generation is more impatient than the old one. Of course, their exposure to crypto seems to be their advantage but I still don't think that they will take this opportunity as well. Because the truth is that not all want Bitcoin, not all want to become patient, and most of all, not all can afford to take risks. Generally, although they know about crypto, however, this will remain an option for them if they want to take part in crypto journey or ignore it.

[gunhell16]

To tell you frankly, in this day and age, very few young people can dare the brightness future that Bitcoin or cryptocurrency has. Only a few of them can be open minded to this. Because most of the young people today are enjoying being young and this scenario is not in their mind yet.

But if the extent of their understanding can be explained correctly, their still closed minds can be immediately opened to Bitcoin and cryptocurrency as long as it is the right way.

[Magic-Money]

The world is moving to technologies and the young once are in good position to take the advantage of cryptocurrency, because to be rich in crypto assets is sure, but not get rich quick business in crypto space, why saying that is to buy and hold for 4 to 6 years ahead, I'm very sure huge return profits for holding for long term investment, and the younger ones are good position for that, because of level of responsibility is not much for them.