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Author Topic: Young people should take more advantage of the crypto space.  (Read 588 times)
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August 24, 2023, 12:14:38 PM
 #41

I believe it's the younger generation that will really carry crypto adoption to new heights. The younger generation is more tech-savvy. They're more open-minded. They can also easily adopt to the new and disruptive developments brought about by new technologies.

I think the strongest resistance against crypto adoption is coming from the older generation, from the people who have been very comfortable with the traditional ways for the longest time.

To the younger ones, to those who have been living their entire lives in the digital age, in the age of internet, crypto is very easily accepted.
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August 27, 2023, 08:58:59 AM
 #42

I believe it's the younger generation that will really carry crypto adoption to new heights. The younger generation is more tech-savvy. They're more open-minded. They can also easily adopt to the new and disruptive developments brought about by new technologies.

I think the strongest resistance against crypto adoption is coming from the older generation, from the people who have been very comfortable with the traditional ways for the longest time.

To the younger ones, to those who have been living their entire lives in the digital age, in the age of internet, crypto is very easily accepted.
Without a doubt you are right, the majority of those which are in positions of power are 60 years old or older, we are talking about people that did not began using computers until they were 40 or 50 years old, and it does not matter how much they are willing to adjust, they are never going to experience the world as a young person of today, this is why I think the rate of adoption of bitcoin has been in fact very positive, as once a generational change occurs at the top, then those people would have heard or used bitcoin since a young age, and that is when the rate of adoption will grow at an amazing rate.
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August 27, 2023, 11:52:32 AM
 #43

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.
Indeed, they'll have the advantage as they already have the good sources of information that they want to know. What they just need is to dig it and expose themselves to crypto. For sure, with the technology that we have these days, it was easy for them to understand how crypto works and of course, how they benefit from it because their level of knowledge is high compared to old people. Therefore, I could say that it would have been a big mistake and regrettable act if they skipped this great opportunity that was already on their front.
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August 27, 2023, 02:28:02 PM
 #44

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.
Indeed, they'll have the advantage as they already have the good sources of information that they want to know. What they just need is to dig it and expose themselves to crypto. For sure, with the technology that we have these days, it was easy for them to understand how crypto works and of course, how they benefit from it because their level of knowledge is high compared to old people. Therefore, I could say that it would have been a big mistake and regrettable act if they skipped this great opportunity that was already on their front.
Of course those who missed out on this great opportunity in the crypto space are regrettable, as the crypto industry hasn't been around for long so they still have great opportunities to jump in today and benefit from it.

Of course, apart from getting the benefits of the investment, it is better to learn how to use it for business internationally, because the regions may be hindered by laws in each country, but in the international space it is rare for countries to regulate the use of currency for transaction.
It's better if we learn how to make the technology, which will definitely get more free space in exploring this industry.

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August 27, 2023, 03:00:45 PM
 #45

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.
I agree. This will also be a good experience for them to learn about patience. They will learn that there's no such thing as quick rich scheme when it comes to the financial industry. It's only those who are doing illegal things can get rich in a short run.
My kid doesn't know about cryptocurrencies yet and I am not planning it yet too. I think he is not ready for that yet although I can see he is already getting the idea of how money works online especially with the games that he is playing which needs money too if they want to advance faster.
But soon, I will definitely introduce him on how cryptocurrency works and what he should avoid if he wants safety for his own assets. They will be the ones who will reach the peak of Bitcoin and maybe some other currencies too so it's better if he will know something about it. It will all depend on them if they will pursue that area when it comes to finding a job.

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August 27, 2023, 03:52:17 PM
 #46

I believe it's the younger generation that will really carry crypto adoption to new heights. The younger generation is more tech-savvy. They're more open-minded. They can also easily adopt to the new and disruptive developments brought about by new technologies.

I think the strongest resistance against crypto adoption is coming from the older generation, from the people who have been very comfortable with the traditional ways for the longest time.

To the younger ones, to those who have been living their entire lives in the digital age, in the age of internet, crypto is very easily accepted.

I totally understand what you are saying! It is like a face-off between the old guard and the new wave, right? Trying to break down Bitcoin to folks who aren't super into tech can be a real challenge. The older generation, not exactly the tech wizards, might need some extra brainpower to understand something so different from their usual stuff. On the other hand, the younger folks is pretty comfortable with tech, open to new ideas, and totally used to the digital lifestyle. Growing up with the internet as a daily part of life, they just naturally embrace new digital concepts like cryptocurrencies.

But you know, change takes time, right? Looking at it as a recurring trend, it is similar to how new technologies have been adopted throughout history. Think back to when the Internet was just becoming a thing. The younger crowd hopped on board quickly, while some older folks were skeptical or uncertain. I still vividly remember how much effort it took to convince my old boss at the company I joined after college that email and IM would completely replace fax machines. Needless to say, he was somewhat skeptical. But over time, as the benefits became more apparent and people got comfortable with the tech, the resistance faded away. I mean, who even uses fax machines these days?

So, just like the Internet worked its way into our daily routine, cryptocurrencies could take a comparable path. As more folks grasp their ins and outs, recognize their possibilities, and get comfy with their mechanics, resistance might decrease, and adoption might become more widespread across all generations.

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August 27, 2023, 03:56:41 PM
 #47

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.
I agree. This will also be a good experience for them to learn about patience. They will learn that there's no such thing as quick rich scheme when it comes to the financial industry. It's only those who are doing illegal things can get rich in a short run.
My kid doesn't know about cryptocurrencies yet and I am not planning it yet too. I think he is not ready for that yet although I can see he is already getting the idea of how money works online especially with the games that he is playing which needs money too if they want to advance faster.
But soon, I will definitely introduce him on how cryptocurrency works and what he should avoid if he wants safety for his own assets. They will be the ones who will reach the peak of Bitcoin and maybe some other currencies too so it's better if he will know something about it. It will all depend on them if they will pursue that area when it comes to finding a job.
Even those who do illegal things take a long time to get big fish, moreover those of us who do it right and according to existing rules certainly need time to understand learning in the world of crypto currency, to be honest it depends on how responsive they are to this technology, if they can learn faster, within a year can understand it and benefit from crypto.

You have good views as a father, of course, you have to prepare in advance for things like this for your child, because indeed the world of finance is not easy to understand if they are not old enough and have an open mind, fear that they will easily be carried away by the flow of things negative beyond your control.

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August 28, 2023, 05:54:54 PM
 #48

I agree with the title itself. This industry is promising in the future and is already profitable at the present. Also, the idea of investment should really be one of the practices our youth should be doing for a better life 'coz it sucks just being an employee and just relying wiyh salary alone.
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.
Indeed, they'll have the advantage as they already have the good sources of information that they want to know. What they just need is to dig it and expose themselves to crypto. For sure, with the technology that we have these days, it was easy for them to understand how crypto works and of course, how they benefit from it because their level of knowledge is high compared to old people. Therefore, I could say that it would have been a big mistake and regrettable act if they skipped this great opportunity that was already on their front.
Of course those who missed out on this great opportunity in the crypto space are regrettable, as the crypto industry hasn't been around for long so they still have great opportunities to jump in today and benefit from it.

Of course, apart from getting the benefits of the investment, it is better to learn how to use it for business internationally, because the regions may be hindered by laws in each country, but in the international space it is rare for countries to regulate the use of currency for transaction.
It's better if we learn how to make the technology, which will definitely get more free space in exploring this industry.
Regrets are fine as long as you've learned from it. With regards to utilizing crypto space for across countries, it would be a huge challenge. First of all, adoption with this technology is still being questioned at the present which serves as a limit for your mentioned goal. Also, we are talking about youth and that means it would be fine taking ffew small steps and avoiding to make a huge leap and end up with huge loss.

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beerlover
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August 29, 2023, 09:23:23 AM
 #49

Regrets are fine as long as you've learned from it. With regards to utilizing crypto space for across countries, it would be a huge challenge. First of all, adoption with this technology is still being questioned at the present which serves as a limit for your mentioned goal. Also, we are talking about youth and that means it would be fine taking ffew small steps and avoiding to make a huge leap and end up with huge loss.
I would say online payments with bitcoin is fine, you do not need it to be done quickly and you could just do it, and not every nation and every person has an online situation where you are going to end up with an income so you are going to end up with a problem that arises with it and we should not be doing a normal situation.

I feel like the best way to do it would be just let the online world grow to be a lot more crypto related and then let the physical world be fiat for the time being. In the future we would love to get into the physical world as well but for the time being online is the only thing we need and should be the only thing we need to end up being important to as well and shouldn't change anytime soon.

.
.DuelbitsSPORTS.
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ultrloa
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August 29, 2023, 12:03:36 PM
 #50

I agree with the title itself. This industry is promising in the future and is already profitable at the present. Also, the idea of investment should really be one of the practices our youth should be doing for a better life 'coz it sucks just being an employee and just relying wiyh salary alone.
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.
Indeed, they'll have the advantage as they already have the good sources of information that they want to know. What they just need is to dig it and expose themselves to crypto. For sure, with the technology that we have these days, it was easy for them to understand how crypto works and of course, how they benefit from it because their level of knowledge is high compared to old people. Therefore, I could say that it would have been a big mistake and regrettable act if they skipped this great opportunity that was already on their front.
Of course those who missed out on this great opportunity in the crypto space are regrettable, as the crypto industry hasn't been around for long so they still have great opportunities to jump in today and benefit from it.

Of course, apart from getting the benefits of the investment, it is better to learn how to use it for business internationally, because the regions may be hindered by laws in each country, but in the international space it is rare for countries to regulate the use of currency for transaction.
It's better if we learn how to make the technology, which will definitely get more free space in exploring this industry.
Regrets are fine as long as you've learned from it. With regards to utilizing crypto space for across countries, it would be a huge challenge. First of all, adoption with this technology is still being questioned at the present which serves as a limit for your mentioned goal. Also, we are talking about youth and that means it would be fine taking ffew small steps and avoiding to make a huge leap and end up with huge loss.

For now it will be question since the current politicians are old and believe on old financial system. They close minded on its potential that maybe they are receiving to much negative news about it. But for sure over the years once the politicians are been replaced by first minds with knowledge on technology and modern finances maybe we can see bitcoin will get adopted by them at that time.

R


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August 29, 2023, 12:40:52 PM
 #51

I agree with the title itself. This industry is promising in the future and is already profitable at the present. Also, the idea of investment should really be one of the practices our youth should be doing for a better life 'coz it sucks just being an employee and just relying wiyh salary alone.
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.
Indeed, they'll have the advantage as they already have the good sources of information that they want to know. What they just need is to dig it and expose themselves to crypto. For sure, with the technology that we have these days, it was easy for them to understand how crypto works and of course, how they benefit from it because their level of knowledge is high compared to old people. Therefore, I could say that it would have been a big mistake and regrettable act if they skipped this great opportunity that was already on their front.
Of course those who missed out on this great opportunity in the crypto space are regrettable, as the crypto industry hasn't been around for long so they still have great opportunities to jump in today and benefit from it.

Of course, apart from getting the benefits of the investment, it is better to learn how to use it for business internationally, because the regions may be hindered by laws in each country, but in the international space it is rare for countries to regulate the use of currency for transaction.
It's better if we learn how to make the technology, which will definitely get more free space in exploring this industry.
Regrets are fine as long as you've learned from it. With regards to utilizing crypto space for across countries, it would be a huge challenge. First of all, adoption with this technology is still being questioned at the present which serves as a limit for your mentioned goal. Also, we are talking about youth and that means it would be fine taking ffew small steps and avoiding to make a huge leap and end up with huge loss.

For now it will be question since the current politicians are old and believe on old financial system. They close minded on its potential that maybe they are receiving to much negative news about it. But for sure over the years once the politicians are been replaced by first minds with knowledge on technology and modern finances maybe we can see bitcoin will get adopted by them at that time.

This is where the opportunity exists for young people who are still fresh in thinking about technology at this time, at least they can take part in managing state finances, at least it can be a very significant change in development and growth in the financial sector, we know a lot in the world Today's young people are competing to introduce Bitcoin to their friends, of course, this will expand the reach of growth in the financial sector, of course there will be many who participate in government in building a modern economy.

Apocollapse
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August 29, 2023, 02:27:19 PM
 #52

Anyone can learn about cryptocurrency regardless how old he's, race, gender, religion, economy class etc.

Young people should be careful if they want to join in crypto space because most of youngers are greedy and looking for instant profit. This is different to mature or old people who're tend to choose low risk investment and they've learn about many type of scams.

isaac_clarke22
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August 29, 2023, 02:42:15 PM
 #53

I believe it's the younger generation that will really carry crypto adoption to new heights. The younger generation is more tech-savvy. They're more open-minded. They can also easily adopt to the new and disruptive developments brought about by new technologies.

I think the strongest resistance against crypto adoption is coming from the older generation, from the people who have been very comfortable with the traditional ways for the longest time.

To the younger ones, to those who have been living their entire lives in the digital age, in the age of internet, crypto is very easily accepted.
Well not all, some part of me thinks that younger generation might even bring crypto adoption down for some reason. Sure, everything is pretty much technical these days, but how many people from the younger generatiosn were not really afraid to deal with crypto especially Bitcoin.

Just because technology is far more common now these days doesn't mean that every single technological product out there are bound to be adopted by many. Credit cards were like old stuffs, but not all people from every generation adopted it including me.
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August 29, 2023, 02:45:52 PM
 #54

That's a great opportunity to young youths in our current society few that are previlage to have the knowledge of Bitcoin and other alt-coins are really good position advantage in the near future, while take the steps to invest in Bitcoin and other alt-coins and hold in the next 10years or more, it will bring huge amount profits return and the reason why I said young youths is because they are having less responsibility in the house hold, unlike married people that every penny is important for house hold.
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August 29, 2023, 02:49:54 PM
 #55

You're right, my friend. Now we need to study the world of cryptocurrencies, because in the near future this sphere of finance will be closely connected with our daily life, so the sooner we familiarize ourselves with it the better. Also, if you use crypto to make money like I do, you need to study everything thoroughly, like I did with TFS token, I made a lot of money on it because it is stable, but not all tokens can behave like that on the market.
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August 30, 2023, 09:33:20 AM
 #56

You're right, my friend. Now we need to study the world of cryptocurrencies, because in the near future this sphere of finance will be closely connected with our daily life, so the sooner we familiarize ourselves with it the better. Also, if you use crypto to make money like I do, you need to study everything thoroughly, like I did with TFS token, I made a lot of money on it because it is stable, but not all tokens can behave like that on the market.
this area is already connected to us, so we need to stay on top of what's going on in the crypto world.
Hypnosis00
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August 30, 2023, 10:10:01 AM
 #57

Anyone can learn about cryptocurrency regardless how old he's, race, gender, religion, economy class etc.

Young people should be careful if they want to join in crypto space because most of youngers are greedy and looking for instant profit. This is different to mature or old people who're tend to choose low risk investment and they've learn about many type of scams.
That is what I noticed also, they are more impatient which is really not good for crypto investment. I could say that even though they have the advantage the problem is with their behavior and approach to the market which certainly we could think that still only a few will able to succeed. In fact, as you have said, crypto is not just for young people but this is for those who really have the trust and are able to understand the market trend. If we think we fit into this then it is not impossible for us to grow and earn more profit but if not, losing is what we get in the end.

R


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August 30, 2023, 10:28:31 AM
 #58

I agree with the title itself. This industry is promising in the future and is already profitable at the present. Also, the idea of investment should really be one of the practices our youth should be doing for a better life 'coz it sucks just being an employee and just relying wiyh salary alone.
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.
Indeed, they'll have the advantage as they already have the good sources of information that they want to know. What they just need is to dig it and expose themselves to crypto. For sure, with the technology that we have these days, it was easy for them to understand how crypto works and of course, how they benefit from it because their level of knowledge is high compared to old people. Therefore, I could say that it would have been a big mistake and regrettable act if they skipped this great opportunity that was already on their front.
Of course those who missed out on this great opportunity in the crypto space are regrettable, as the crypto industry hasn't been around for long so they still have great opportunities to jump in today and benefit from it.

Of course, apart from getting the benefits of the investment, it is better to learn how to use it for business internationally, because the regions may be hindered by laws in each country, but in the international space it is rare for countries to regulate the use of currency for transaction.
It's better if we learn how to make the technology, which will definitely get more free space in exploring this industry.
Regrets are fine as long as you've learned from it. With regards to utilizing crypto space for across countries, it would be a huge challenge. First of all, adoption with this technology is still being questioned at the present which serves as a limit for your mentioned goal. Also, we are talking about youth and that means it would be fine taking ffew small steps and avoiding to make a huge leap and end up with huge loss.

For now it will be question since the current politicians are old and believe on old financial system. They close minded on its potential that maybe they are receiving to much negative news about it. But for sure over the years once the politicians are been replaced by first minds with knowledge on technology and modern finances maybe we can see bitcoin will get adopted by them at that time.

This is where the opportunity exists for young people who are still fresh in thinking about technology at this time, at least they can take part in managing state finances, at least it can be a very significant change in development and growth in the financial sector, we know a lot in the world Today's young people are competing to introduce Bitcoin to their friends, of course, this will expand the reach of growth in the financial sector, of course there will be many who participate in government in building a modern economy.

Young people are the one can maximize the benefits of crypto if they grab that opportunity since there are so many time for them to learn this technology and they can learn a lot from this especially on investment also with modern finances. But it also need government support so that many are aware about its existence and no interruption disturbs them to learn good things about crypto. This is the time where young people need to learn about this technology so that they will not left behind when crypto mass adoption happens.

R


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LLBIT|
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August 30, 2023, 01:14:04 PM
 #59

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.
You mean there are so many ways to earn a profit in crypto but if we do most or all of them and then we also get successful, we can earn "many profits". Each of us must have their own strengths and weaknesses but we can still try and experiment first if we haven't figured them out yet. Once we do, we can mostly focus on our craft to improved it and gain more benefits.

There are shared signals, and there are also copy trading service but as you quote, it's always better to have our own strategies because those items that I mentioned earlier can only be a way to manipulate the crowd and the owners behind those service has their own strategy too, take advantage of the market change.
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August 30, 2023, 01:20:23 PM
 #60

It shouldn't be just young people who should take advantage of the cryptocurrency space. For sure people who are older can be part of it as much as possible and still take advantage the same as the young person would.

The difference here would be how they will think. Probably young people could have a different approach to a certain factor in the crypto space and think of a revolutionary way how they will act with a certain task of function of the specific coin that they are into.

Make sure that you understand and have a reason "why" you are doing a thing in the first place.

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..BUY/ SELL CRYPTO..
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