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Author Topic: Exposure to bitcoin at young age  (Read 880 times)
Hypnosis00
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May 30, 2024, 04:46:19 AM
 #81

Do you think if someone knows about bitcoin and just spends time learning about the technology and how it works without taking advantage of it to make a profit? I don't think anyone can do that, especially young people who always desire to get rich and even have the idea of ​​getting rich quickly.
It’s true that some people are too greedy but I don’t think that that should hinder them from learning about bitcoin still. Greed and impatience can be changed over time with effort and dedication. New knowledge is always helpful if we just learn how to manage and control it.

Besides not a lot of people would be able to invest right away no matter what they try to do due to lack of funds. Still it’s nice to have that knowledge in store.
They want to learn about something for a good purpose and investment plan. It makes no sense to learn things that you never use instead, make it a reason why we should push through.

I hope young age also give a reason to prepare for their future as early as possible and see Bitcoin as one of their opportunities. They are more advanced and more techy individuals which I believe it was not difficult for them to adopt.

Money is not a big problem if we really have to make it happen. Parents could give support if they know their kids have a good plan in their lives.
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May 30, 2024, 06:04:15 AM
 #82

Gaining knowledge about bitcoin is never an issue regardless of their young age, but the problem is if these young guys are actually interested to learn about bitcoin. Because no matter how you push someone to be acquainted and be educated about bitcoin, as long as he is not eager to learn, he will still become clueless in the end.

I don’t have opposition if young guys are exposed to bitcoin, if they will decide to invest, let them be but as much as possible, they should get a job first before risking into any investment. And be properly guided as well before deciding to invest.
Yes that's right it's good to teach young people about bitcoin but they need to want to learn. If they are not interested they won't understand it well. I also worry about young people investing in bitcoin without knowing what they're doing. Like they have a simple mind set buy the dip and sell in pumping they don't want yo learn the purpose of Bitcoin they just want to trade. That is okay if they are trading but thing is that they must have knowledge about which they are trading. They should learn about money and economics get a steady job and get good advice before investing in bitcoin. This will help them make smart choices and avoid problems.

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May 30, 2024, 06:22:58 AM
 #83

Yes that's right it's good to teach young people about bitcoin but they need to want to learn. If they are not interested they won't understand it well. I also worry about young people investing in bitcoin without knowing what they're doing. Like they have a simple mind set buy the dip and sell in pumping they don't want yo learn the purpose of Bitcoin they just want to trade. That is okay if they are trading but thing is that they must have knowledge about which they are trading. They should learn about money and economics get a steady job and get good advice before investing in bitcoin. This will help them make smart choices and avoid problems.

If we convey this, I am sure that awareness will be born for our young men and women today and what you have conveyed is the essence of what really needs to be done and prepared by them. To trade, of course, at any time it is possible, but they must also know correctly and well, because on the other hand their souls are young and very unstable.

Yes. They should know that too, but should prioritize their main activities first, namely completing their education and finding a decent job, and then along the way to develop, deepen their learning about money and economics and invest in BTC.


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May 30, 2024, 07:43:21 AM
 #84

I believe responsibility has nothing to do with age, bitcoin investment is something that involves some level of risk and its an extreme volatile asset which can change price from the to time and if a teenager can handle himself in such situations then it's nice and there is nothing to worry about.
Wrong mate because Age defies on how we are understanding matters , because maybe at young age they wanted to earn or learn but they are deciding differently from mature and from knowledgeable people.
so better not to engage too much when you are young  or better to invest and invest and never trade in matters as long as this is about bitcoin.

Quote
Investment in general would be a great thign to expose to a child, it would teach him how to handle his finance properly and also cashflow management which im sure is a good lesson to teach to a child or teenager.
correct, this is why at young age i tried explaining and teaching my kids about bitcoin and about possible investing in the time of their right age.

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May 30, 2024, 07:52:53 AM
 #85

Gaining knowledge about bitcoin is never an issue regardless of their young age, but the problem is if these young guys are actually interested to learn about bitcoin. Because no matter how you push someone to be acquainted and be educated about bitcoin, as long as he is not eager to learn, he will still become clueless in the end.

I don’t have opposition if young guys are exposed to bitcoin, if they will decide to invest, let them be but as much as possible, they should get a job first before risking into any investment. And be properly guided as well before deciding to invest.
Yes that's right it's good to teach young people about bitcoin but they need to want to learn. If they are not interested they won't understand it well. I also worry about young people investing in bitcoin without knowing what they're doing. Like they have a simple mind set buy the dip and sell in pumping they don't want yo learn the purpose of Bitcoin they just want to trade. That is okay if they are trading but thing is that they must have knowledge about which they are trading. They should learn about money and economics get a steady job and get good advice before investing in bitcoin. This will help them make smart choices and avoid problems.

From what I see, even today's investors only see bitcoin as a speculative tool, they don't take the time to learn about it and don't care what it is. What they care about is its volatility and exploiting it for profit, whether we like it or not, believe it or not but what I see is that bitcoin is only seen as a tool to make money. That's why I don't advocate introducing bitcoin into school curricula or teaching bitcoin to young children.

I am not against teaching bitcoin to the youth because they are the future of the world, but we need to introduce it to the right age group as well as have a systematic curriculum so that they do not get caught up in the games make money quickly.

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May 30, 2024, 08:08:43 AM
 #86

Gaining knowledge about bitcoin is never an issue regardless of their young age, but the problem is if these young guys are actually interested to learn about bitcoin. Because no matter how you push someone to be acquainted and be educated about bitcoin, as long as he is not eager to learn, he will still become clueless in the end.

I don’t have opposition if young guys are exposed to bitcoin, if they will decide to invest, let them be but as much as possible, they should get a job first before risking into any investment. And be properly guided as well before deciding to invest.
Yes that's right it's good to teach young people about bitcoin but they need to want to learn. If they are not interested they won't understand it well. I also worry about young people investing in bitcoin without knowing what they're doing. Like they have a simple mind set buy the dip and sell in pumping they don't want yo learn the purpose of Bitcoin they just want to trade. That is okay if they are trading but thing is that they must have knowledge about which they are trading. They should learn about money and economics get a steady job and get good advice before investing in bitcoin. This will help them make smart choices and avoid problems.

From what I see, even today's investors only see bitcoin as a speculative tool, they don't take the time to learn about it and don't care what it is. What they care about is its volatility and exploiting it for profit, whether we like it or not, believe it or not but what I see is that bitcoin is only seen as a tool to make money. That's why I don't advocate introducing bitcoin into school curricula or teaching bitcoin to young children.

I am not against teaching bitcoin to the youth because they are the future of the world, but we need to introduce it to the right age group as well as have a systematic curriculum so that they do not get caught up in the games make money quickly.


This is why we see these people failing since they are over exaggerated on their thinking about getting profits from bitcoin while the fact with that is its hard to earn with it if they will come to it and trade. If they just think about that bitcoin is alternative currency for them and this coin is good for long term hold then provably that losing is less for them to experience since they are more dealing with it on a nice way.

I'm also not a fan for teaching kids about this since what I think its not a perfect time to learn about this. Their are more other things that they need to focus like finish schooling and build up their character in their community. But if they can't avoid to learn about this but they make sure that their priority is to finish their studies until college since this will give them proper security since there's lots of things they could able to do if they are college graduate. Rather than think about learning bitcoin early and earn from it since maybe there are instances that they don't need to finish college since they are already earning since this is a bad choice for them. Maybe they really earn fast if they are lucky but for sure everything is not consistent so they should be wise for their future.

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May 30, 2024, 08:15:52 AM
 #87

The first question is how much your kids get paid per year? if you said he's unemployed and he only get pocket money from his dad, believe me, as much as he can invest every week, his dad will earn more.

I doubt kids can earn "very high return" when they didn't have any jobs yet, while their dad already have jobs and able to earn "very high return" as long as they're financially good.

Exposing Bitcoin to kids isn't about high return, but it's to teach them to not get scammed by investing in Bitcoin and know how to protect their wealth.
Your doubts can now be refuted because currently there are many young people who earn income from YouTube in various countries who are successful and have a lot of money and there are also many friends who earn income from YouTube who have entered the world of Bitcoin investment, they save it as a investment. assets, so what is meant by young people today are young people who are lazy and just waiting for their pocket money at home, this is the lazy generation in my opinion.

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May 30, 2024, 11:04:23 AM
 #88

Since children and adolescents have ample study time at primary level and secondary level, this time should be limited to studies and not spent on other activities.
I agree that children should only focus on studying as much as they can however I think letting them know about bitcoin gives them another opportunity or another path of career. They might figure out later on that they might be interested in finance or in technology.

Let’s also not forget that not all children are able to finish their studies. By giving them a chance to learn about bitcoin, they can learn how to invest and finally make a living of their own.
Yes, focusing on money when you are young is not that great, but there are two things that I would like to show as a perspective.

One of them is the fact that there are kids who needs to go out and make money to support their family even when they are very young, I was one of those kids and I worked with a mechanic (for bikes and not cars) for 4 years when I was a kid and I made some money to support my family, I basically covered my own costs and didn't cost them anything for that 4 years, then I worked as a hotel bellboy for another few years to support myself during college years and pay for my education, but then father got a good money so I didn't had to work until I got married a few years later after I graduated. So it is not really optional for some kids, they have to learn.

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May 30, 2024, 11:38:51 AM
 #89

Do you think that exposure to bitcoin at an young age is a good thing in general ? I feel it should be taught based on individual personality and not to very young guy. This is because all young guys might not be responsible enough to invest and track with patience at young age. However, those who have the required patience can make very high returns on their investment by investing at an young age. So, which side are you in this aspect ? Do you feel that all young guys should be informed and educated about bitcoin ? 
I think informing the young guys about bitcoin is good,if they know it earlier then they will be prepared in the future,and if bitcoin boom they will have a big profit in the near future,the problem there is not all of the young guy will have a patience to hold maybe we still need to teach them first to have a big patience because if they don't have a patience they will surely lose at the end.

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May 30, 2024, 11:50:53 AM
 #90

Firstly of all let’s treat bitcoin as a currency first, as currency then it is fair to expose children to it because with this they will learn just another means of making payments not using fiat. To me it is a new technology and should be taught nothing more about it.

Now to the other side of bitcoin which is investing or even trading I think this should definitely be secular, it is not proper exposing children to risky investments, if you feel there investment should be in bitcoin you has the guiding can actually purchase and hold it for them till it gets to time where they can make decisions for themselves.

As for trading we should never expose children to it, they can learn it’s analysis like the TA but they shouldn’t trade most especially futures, it only exposes them to gambling
Interesting perspective! Treating Bitcoin as a currency first makes sense, especially for educational purposes. How do you think schools should approach teaching kids about Bitcoin?
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May 30, 2024, 11:52:31 AM
 #91

Gaining knowledge about bitcoin is never an issue regardless of their young age, but the problem is if these young guys are actually interested to learn about bitcoin. Because no matter how you push someone to be acquainted and be educated about bitcoin, as long as he is not eager to learn, he will still become clueless in the end.

I don’t have opposition if young guys are exposed to bitcoin, if they will decide to invest, let them be but as much as possible, they should get a job first before risking into any investment. And be properly guided as well before deciding to invest.
Yes that's right it's good to teach young people about bitcoin but they need to want to learn. If they are not interested they won't understand it well. I also worry about young people investing in bitcoin without knowing what they're doing. Like they have a simple mind set buy the dip and sell in pumping they don't want yo learn the purpose of Bitcoin they just want to trade. That is okay if they are trading but thing is that they must have knowledge about which they are trading. They should learn about money and economics get a steady job and get good advice before investing in bitcoin. This will help them make smart choices and avoid problems.

From what I see, even today's investors only see bitcoin as a speculative tool, they don't take the time to learn about it and don't care what it is. What they care about is its volatility and exploiting it for profit, whether we like it or not, believe it or not but what I see is that bitcoin is only seen as a tool to make money. That's why I don't advocate introducing bitcoin into school curricula or teaching bitcoin to young children.

I am not against teaching bitcoin to the youth because they are the future of the world, but we need to introduce it to the right age group as well as have a systematic curriculum so that they do not get caught up in the games make money quickly.

How do you think we can create a curriculum that educates the youth about Bitcoin's technology and potential without encouraging a get-rich-quick mentality?
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May 30, 2024, 12:06:34 PM
 #92

Do you think that exposure to bitcoin at an young age is a good thing in general?
If I may ask, what's your definition of young age? Do you mean children between the age bracket of 5yrs to 14yrs? Or do you mean teens between the age bracket of 15yrs to 18yrs? Because if you mean teens between the age bracket of 15yrs to 18yrs, then i see nothing wrong if they are been thought about this trending technology called Bitcoin, because the earlier our teens are been expose to this new tech, the more they get interested in it when they grow up. Hence, Bitcoin as a digital currency shouldn't be limited to only people of certain grade or age level, because the earlier we introduce them to this new tech, the more we tend to prevent them from falling victim to Bitcoin related scams, simply because they have already known how the system works.

I'm wondering about this too, I don't know what age the OP is talking about is appropriate for us to educate them about bitcoin. I fully welcome and support if we spend time educating bitcoin to the younger generation aged 18 and over, who are prepared or no longer dependent on their parents and they are looking for a successful path in their lives.

But if the OP is trying to say that educating children under 10 years old about bitcoin or children who don't even know how to make money is still dependent on subsidies from their families then that's a bad idea. Even though bitcoin is for everyone and early bitcoin education is considered an advantage for them later in life, I don't think it's appropriate to teach investing to very young children. Just like we need to go to elementary school before going to college, everything needs to be in the right order for each age group.

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May 30, 2024, 01:00:23 PM
 #93

I believe it's really important for kids to start learning about Bitcoin and investing at the age of 8+. When we teach our children about crypto from a young age, it sets them up for success in life, not just in the world of cryptocurrency. Since our kids' future will involve digital currencies, they must understand the world of digital currencies.

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May 30, 2024, 01:27:14 PM
 #94

Do you think that exposure to bitcoin at an young age is a good thing in general ?
Young age ranges from 15 to 25 years old. If you wish to teach them about Bitcoin and how it works, that is fine. However, teaching those who are interested is better than pushing those who are not. Also, don't make it the main issue; they have a lot to learn in life.

However, those who have the required patience can make very high returns on their investment by investing at an young age.
This is risky since the focus is on making money using Bitcoin, so this is not necessary. Moreover, at that age, they don't have a fixed income.
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May 30, 2024, 03:19:14 PM
 #95

Not all young people have an interest in investing in Bitcoin, people's diverse personalities will make life more varied. I will teach about Bitcoin to anyone who is really serious about learning it, of course I really hope that more young generations will have an interest in Bitcoin because this is the most profitable asset in the future.

Youth are still very productive, they still have more time to learn than older people who have a lot of business and also responsibilities for their children and wives. It is also easier for the younger generation to learn Bitcoin and Blockchain technology because of their closeness to technology that continues to develop, they can also understand well how to study technical analysis to make it easier to make decisions when they want to invest.

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May 30, 2024, 05:12:13 PM
 #96

Do you think if someone knows about bitcoin and just spends time learning about the technology and how it works without taking advantage of it to make a profit? I don't think anyone can do that, especially young people who always desire to get rich and even have the idea of ​​getting rich quickly.
It’s true that some people are too greedy but I don’t think that that should hinder them from learning about bitcoin still. Greed and impatience can be changed over time with effort and dedication. New knowledge is always helpful if we just learn how to manage and control it.

Besides not a lot of people would be able to invest right away no matter what they try to do due to lack of funds. Still it’s nice to have that knowledge in store.

But we are talking about young people, impulsive people who always want to get rich quickly, people who never like to listen to other people's advice and just do what they want. That's why I say that exposing young people to bitcoin, along with its advantages, will also have disadvantages.

What I fear more about young people is that when they don't have investment capital, they won't think about going to work to earn money to invest. Instead, they may lie to their families to ask for money or worse, steal. Young people have very shallow thinking, which is why in most educational programs, they will be taught about philosophy, social subjects... it is not the right time to focus on teaching them to earn money.



Money is not a big problem if we really have to make it happen. Parents could give support if they know their kids have a good plan in their lives.

If you know and believe that your child has a good plan and a good life mindset, why not tell him to find a way to make money on his own? Teaching children to be dependent or dependent on their parents is not necessarily a good thing.

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May 30, 2024, 09:19:50 PM
 #97

Do you think that exposure to bitcoin at an young age is a good thing in general ? I feel it should be taught based on individual personality and not to very young guy. This is because all young guys might not be responsible enough to invest and track with patience at young age. However, those who have the required patience can make very high returns on their investment by investing at an young age. So, which side are you in this aspect ? Do you feel that all young guys should be informed and educated about bitcoin ? 

Even if not for anything, it should be for educational purpose. We need to train young children about financial literacy instead of those curriculum about the old fashion style of money, they need to be aware of the new digital asset but it's not good to expose them to the realities of owning, giving them or allowing them to use will shift their attention of things they are supposed to do.at younger age fastly to adult age and because they are young, they might not use it as supposed.

If my parent were financially literate the way I'm today, I'm very sure that by the time my children reach the age where I'm today, they should be able to be proud of their dad because I would make sure there is something I will keep for them so when they reach the level of adulthood, they will be better than the version of me, focus on investment and not be able to differentiate between Bitcoin and other scam investments.

R


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May 31, 2024, 03:33:37 AM
 #98

Not all young people have an interest in investing in Bitcoin, people's diverse personalities will make life more varied. I will teach about Bitcoin to anyone who is really serious about learning it, of course I really hope that more young generations will have an interest in Bitcoin because this is the most profitable asset in the future.

Youth are still very productive, they still have more time to learn than older people who have a lot of business and also responsibilities for their children and wives. It is also easier for the younger generation to learn Bitcoin and Blockchain technology because of their closeness to technology that continues to develop, they can also understand well how to study technical analysis to make it easier to make decisions when they want to invest.
What you say is very true, not all young people like investing in Bitcoin and this really depends on someone who likes technological development, if you can teach other people about Bitcoin of course that is very good but after that we have to return it to them whether whether they will invest or not and never force them to invest, because this will really depend on a person's readiness in their financial condition.
It is true that they have more free time to learn Blockchain technology and this will certainly benefit them in the future if they can start at a young age.

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May 31, 2024, 04:28:28 AM
 #99

Not all young people have an interest in investing in Bitcoin, people's diverse personalities will make life more varied. I will teach about Bitcoin to anyone who is really serious about learning it, of course I really hope that more young generations will have an interest in Bitcoin because this is the most profitable asset in the future.

Youth are still very productive, they still have more time to learn than older people who have a lot of business and also responsibilities for their children and wives. It is also easier for the younger generation to learn Bitcoin and Blockchain technology because of their closeness to technology that continues to develop, they can also understand well how to study technical analysis to make it easier to make decisions when they want to invest.

Yes, young people may be more inclined to new technology and gain advantage on it, but we can’t be sure enough if majority of them will favor bitcoin. But it’s still an edge for them if they’ll learn and get exposed to bitcoin at an early age, not only for investment purposes, but most probably they can also use it to interact with other people that dwell on bitcoin and its crypto space.

However, if they develop interest into bitcoin along its learning process, then that would be better. At least they can still guarantee a brighter future somehow, that is if bitcoin will continue to exist for more decades. And if they won’t but would favor those traditional investments, that’s already their personal choice. But one thing is certain, they should get a stable job first and gain fixed income before they risk some hard-earned money into investments.

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May 31, 2024, 04:29:00 AM
 #100

Do you think that exposure to bitcoin at an young age is a good thing in general ? I feel it should be taught based on individual personality and not to very young guy. This is because all young guys might not be responsible enough to invest and track with patience at young age. However, those who have the required patience can make very high returns on their investment by investing at an young age. So, which side are you in this aspect ? Do you feel that all young guys should be informed and educated about bitcoin ? 
Young age young minds, i think it is better to not to rush them or informed them about bitcoin because even if we don't told them about crypto they might know it with thier own,look at how many people using new gadgets,using social media,promoting projects,apps,etc.,almost everyone has its own cellular phone or laptop,or even computer,the new generation is not like what old generation is,the curiousity level is so high and everyone is becoming wild in using gadgets sometimes they use it to scattered fake news or scam others,we are in a new type of generations so even if we don't told them crypto will become so very popular to them.

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