I am 19 years old boy living in South korea. Please give me an advice

[angrybirdy]

Do not listen to people saying you will lose money, there is no way you can lose money investing in Bitcoin

Op can lose their coins if they do not know what they are doing, i don't think op understands much about BTC and it is worth mentioning to newbies that BTC is not a risk-free investment. Op has to understand what they are doing, if not they can easily lose their coins to scammers. BTC doesn't also give profit immediately, so if op isn't patient, they can sell their coins at a loss and lose a part of their money.

I think Op understands what he is saying and what he is planning about Bitcoin. In fact, the parent is even very lucky because, at his young age, he can immediately see a good investment opportunity in Bitcoin.

And I also think he knows what he's doing right now, as he's studying Bitcoin, so I don't see anything wrong with what he's doing, to be honest.

Yes, OP already has the vision of Bitcoin as his investment even at a young age. It only means that he already understands it. Due to his curiosity, he did some research about it and learned the basic knowledge. But the people around him do not want OP to get involved in Bitcoin for the reason that it is too early for him. Even though, he has a plan to invest regularly. It's a good start for someone who just wants to start knowing bitcoin. Don't let other people stop you or dictate you on when to start your investment.

[ZAINmalik75]

So interesting for you to ask this kind of question because it is very important for one to get going. Bitcoin is not a Ponzi scheme just like some traders and investors pose it to be. It is a good move when we are ready to learn and it is one of the things that would help us to understand the market very well so that we can act on it without investing in the market blindly. Those who had been in the crypto market for long must have learnt how the crypto market works that would prevent them from make silly mistakes that could cost them to lose money anyhow in the market.

He is young and having information about this with his current status is just having $100 from his dad which is surely not enough for investment or trading because he needs to use this money for other things as well right now best thing is just check this all and try to understand with having work for the bitcoin could be really helpful for this kid because with this he can take good experience, and then he can use this all for the better future as well.

Right now having salary with bitcoin is also working, and he can work and also increase his skills for this is also not bad at all but still he wants to use this dad money then he can do some strategy with having some amount every month is also good idea because now most chances we will be having bullish trend which will give him good profit but for this all he again needs to understand all fundamentals of trading and holding bitcoin for the better result.

[savetheFORUM]

it's never too late to invest in bitcoin, whenever you want you can invest in bitcoin with your money. but before that you should learn more about investing in bitcoin. there are many sources that you can study before actually diving into this investment. but because you are still under the care of your parents, the money you use may be intended for your needs, not investment, so my advice is that you can invest with small capital first and always understand the risks. good luck on your bitcoin investment journey.

Not too late yes but I won't say never as there will be a time when BTC will become so valuable and many people will find it hard to release their BTCs anymore. So he should invest now, not whenever he wants. Don't worry, BTC is safe so learning can also come after it. And he is already on the right place.

There is no need to look further because I'm afraid he can end up on a wrong website that only teaches about lies. I don't think his parents won't give him that amount if it was intended for something important. I'm sure you also receive money from your parents that you are free to spend. It can be like that. I like the attitude of the OP because he plans his future ahead instead of wasting the money on useless stuffs.

[seanskie18]

If you're not skilled in trading, use a long-term purchase and hold strategy to save your Bitcoin until it reaches ATH. This strategy is especially beneficial in a market where Bitcoin's price is discounted and a halving event occurs after a bullrun. The amount of your father's monthly $100 is entirely up to you.

[Blitzboy]

it's never too late to invest in bitcoin, whenever you want you can invest in bitcoin with your money. but before that you should learn more about investing in bitcoin. there are many sources that you can study before actually diving into this investment. but because you are still under the care of your parents, the money you use may be intended for your needs, not investment, so my advice is that you can invest with small capital first and always understand the risks. good luck on your bitcoin investment journey.

Not too late yes but I won't say never as there will be a time when BTC will become so valuable and many people will find it hard to release their BTCs anymore. So he should invest now, not whenever he wants. Don't worry, BTC is safe so learning can also come after it. And he is already on the right place.

There is no need to look further because I'm afraid he can end up on a wrong website that only teaches about lies. I don't think his parents won't give him that amount if it was intended for something important. I'm sure you also receive money from your parents that you are free to spend. It can be like that. I like the attitude of the OP because he plans his future ahead instead of wasting the money on useless stuffs.

Absolutely, absolutely right on the value of BTC potentially skyrocketing in the future. Every tick of the clock is an opportunity missed. Why wait for tomorrow when today is staring right at you, demanding action? The time to act, to invest, is now. Not tomorrow, not someday, but now. Period.

I commend the OP's foresight, truly. Planning for the future in such a meticulous way, especially in a world where fleeting pleasures rule, is rare, so rare. The world's littered with misleading sites spewing deceit. But, remember, not every advice out there is golden. Sticking to reputable forums, standing guard against falsehoods, is paramount. And as for receiving money from parents, who among us hasnt? Its how one uses it that defines them.