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Author Topic: Exposure to bitcoin at young age  (Read 880 times)
tread93
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June 02, 2024, 09:21:55 PM
 #121

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 those who are exposed to bitcoin at a young age have a very great chance to up their IQ as having a general underlying understanding of how Bitcoin works and the principles behind it are quite complex for any young person to comprehend simply because there is so much to learn. Young Bits would be a fun term to call them, but that doesn't account for all the meme coins and other coins they will have exposure to, particularly popular with the highschoolers and college kids of today

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June 05, 2024, 06:32:36 AM
 #122

~

From what you said, it can be seen that there will be advantages and disadvantages in educating young people about bitcoin. 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?

Normally, if we learn something we then try to use it to make money, if not directly then indirectly. If you teach a kid about Bitcoin, even if they won't be taking advantage of it to make a profit(which is pretty hard to imagine, tbh) they may apply their knowledge in other fields. I mean, you will be a better screenwriter or just writer if you know how Bitcoin works. Actually, I think you'll pass a job interview for any IT job more easily if you have that knowledge.

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.

Not all young people desire to get rich. What are you talking about? Many young people want to become writers, painters, musicians or other artists. Maybe some young people have the idea of ​​getting rich quickly in their age, but that's only because their parents are morons who haven't taught them any better.

So exposure and educating young people about bitcoin is not as simple as we think. Like why many newbies to this market mostly lose money, very few newbies can make a profit from investing in bitcoin. ~

Making money, or rather trying to make money from investing in bitcoin and knowing what Bitcoin is are totally different things. I wouldn't recommend teach young people "how to make profit".

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June 05, 2024, 02:21:15 PM
 #123

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 ? 
For me, I do not support young people investing but their parents or older friends or relatives may do that for them. This is not because the investment is bad for them, but first, they are not of the legal age which the law frowns so much at, and secondly, they may lose focus on their education and other useful things in life if they start investing and controlling it all by themselves at the very young age. And as we know, investment is risky and could be very dangerous at the same time, this is aside from the fact that it's addictive just like gambling, so it is for a very good reason for the government to have barred them from such activities until they reach adult age, we should respect that.

However, if I have my way, it is until they reach the maturity age that they should be allowed. You might ask, what do I mean? But truly, reaching 18 years of age doesn't automatically qualify a child for maturity. The child will have to prove the maturity through thinking and doing. Above all, anything risky should be well-tabled to these young children at the same, and with the right education and explanation, they will be able to know the pros and cons and act rightly at the right age.

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June 05, 2024, 07:27:50 PM
 #124

I think I will only teach and expose my children to bitcoin when they reach the appropriate age, I don't think teaching your relatives or friends about bitcoin is a good idea. Have you ever thought about the scenario if their investment fails and they blame you? And yet, do you think letting more people know you own bitcoin is a good thing and that your privacy is safe?

In addition, teaching investment to young people is not as simple as you or many people are saying. Even those of us who are long-time investors and understand bitcoin very well are having trouble investing in bitcoin. Many people even lose patience and faith in bitcoin every time the market adjusts or there is Fud, so there is no guarantee that young people will be able to do those things. Saying is one thing, doing is another, which is why so far not too many investors have made a profit investing in bitcoin.

Exactly true it is obvious that if they fail to get profit then they will not be more with you and will make your life worse by blaming you everyday for their loss. In present age we cannot do good deeds with others because they will never accept our good deeds but if they face hurdles they will say that we are responsible for it because we teach them about it.

We will just share about Bitcoin not about the amount  of Bitcoin we have so in this way our Bitcoin will remain safe and nobody will have any access to our Bitcoin if we don't trust anyone to share private keys with them.



 

 

 

 

 

 


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June 05, 2024, 09:57:54 PM
Last edit: June 05, 2024, 10:32:29 PM by Sandra_hakeem
 #125

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 ?  
Infact, it's very necessary to have that as part of every school's curriculum... I always believe that information could procreate a new sense of life itself, bringing in a "refreshing to the common man"

It's better to allow them young boys and girls to surf around the crypto space and learn at a pace that's incomparable to grown ups. Secondly, if their parents are capable of financing them immediately, they could even choose their paths early enough. Imagine having a kid that stakes one of the highest buy rates with a very huge capital base? ... Just imagine that!
Edit:
Not all young people desire to get rich.
Seriously? Are there really some set of people that don't wanna get rich?... Jeezz  Tongue



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June 06, 2024, 04:38:51 AM
 #126

For me, I do not support young people investing but their parents or older friends or relatives may do that for them. This is not because the investment is bad for them, but first, they are not of the legal age which the law frowns so much at, and secondly, they may lose focus on their education and other useful things in life if they start investing and controlling it all by themselves at the very young age. And as we know, investment is risky and could be very dangerous at the same time, this is aside from the fact that it's addictive just like gambling, so it is for a very good reason for the government to have barred them from such activities until they reach adult age, we should respect that.

Yes, that one side is also a special consideration and let them go through the stages of the educational process and focus on completing them. It's the same as when we want to invest in BTC or want to trade, there is always time and opportunity, anytime and anywhere as long as we want to start.

However, if I have my way, it is until they reach the maturity age that they should be allowed. You might ask, what do I mean? But truly, reaching 18 years of age doesn't automatically qualify a child for maturity. The child will have to prove the maturity through thinking and doing. Above all, anything risky should be well-tabled to these young children at the same, and with the right education and explanation, they will be able to know the pros and cons and act rightly at the right age.

Of course. Everything will come by itself and it is better that the initial introduction is also communicated so that at the beginning they are also familiar with what BTC is and what the potential is if they come one day when they are ready.

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June 06, 2024, 08:21:32 AM
 #127

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 ?  
Exposure to bitcoin at a very young age is good, but doesn't mean investment start immediately after learning. Since it is one of the best if not the best investment and parents are investing in it, it is the obligation of the parent to educate their children in bitcoin or how Cryptocurrency works entirely. Teaching them about bitcoin is a way of drawing them closer to inherit the assets their parent left in bitcoin, not necessarily that they must Invest in it. because they may grew up to learn another skill. But if they known about bitcoin earlier, it will not be difficult for them to access their parents wealth and they will also not find it difficult to invest in bitcoin if they want to continue from where there parent stoped

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ultrloa
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June 06, 2024, 08:32:43 AM
 #128

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 ?  
Exposure to bitcoin at a very young age is good, but doesn't mean investment start immediately after learning. Since it is one of the best if not the best investment and parents are investing in it, it is the obligation of the parent to educate their children in bitcoin or how Cryptocurrency works entirely. Teaching them about bitcoin is a way of drawing them closer to inherit the assets their parent left in bitcoin, not necessarily that they must Invest in it. because they may grew up to learn another skill. But if they known about bitcoin earlier, it will not be difficult for them to access their parents wealth and they will also not find it difficult to invest in bitcoin if they want to continue from where there parent stoped

I'm split into this since we are not sure if this could bring something good with them especially we know that young people hard to digest some information they read online. And usually those young people are prone to commit mistake that's why if they are not been well guided then maybe they might experience a big loss that maybe they can't handle for their selves.

But if they are well guided and they have mentor on their side which can give them advice always about what are proper things that needed to do and also those possible risk they could able to encounter then maybe this will be good for them since provably that they are in good side and can able to learn bitcoin in positive ways for them.

R


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June 06, 2024, 08:49:07 AM
 #129

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 ? 
Bitcoin exposure at a young age seems like a good thing to me, but I don't want to force young people to be taught about Bitcoin. It should be left to them how they build their lives with Bitcoin or something else.

Also OP another point you made is to invest in Bitcoin at a young age. In fact, learning Bitcoin at a young age is the only way to invest in Bitcoin. No, not like that. Youngsters should be taught about Bitcoin at a young age, and when they gradually become experienced with Bitcoin, they should be interested in investing so that they are able to invest in Bitcoin for the long term properly and judiciously. I would like to be one of those parents who are already aware of Bitcoin and plan to teach their child Bitcoin at some point.

R


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June 06, 2024, 09:11:09 AM
 #130

Bitcoin exposure at a young age seems like a good thing to me, but I don't want to force young people to be taught about Bitcoin. It should be left to them how they build their lives with Bitcoin or something else.

Also OP another point you made is to invest in Bitcoin at a young age. In fact, learning Bitcoin at a young age is the only way to invest in Bitcoin. No, not like that. Youngsters should be taught about Bitcoin at a young age, and when they gradually become experienced with Bitcoin, they should be interested in investing so that they are able to invest in Bitcoin for the long term properly and judiciously. I would like to be one of those parents who are already aware of Bitcoin and plan to teach their child Bitcoin at some point.
First introduction to Bitcoin for children at a young age and then about investing or trading Bitcoin all depends on individual decisions but the most important thing is that someone understands and understands, I think it is quite important for young children and I have even practiced it for my brothers and sisters. who are still young, I think this is quite important for their future.

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CageMabok
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June 06, 2024, 09:33:51 AM
 #131

First introduction to Bitcoin for children at a young age and then about investing or trading Bitcoin all depends on individual decisions but the most important thing is that someone understands and understands, I think it is quite important for young children and I have even practiced it for my brothers and sisters. who are still young, I think this is quite important for their future.
Young children also have a certain age limit to know about Bitcoin and investment which is accompanied by trading too, because if a child is under ten years old I think it is still too early for him to know about Bitcoin and also about the trading market. Even though it won't be bad for them if we tell them from the start, we ourselves who have become parents also have to see whether their age and thinking are really ready for this. Because at a young age there are many things that need to be trained well, even though in the end it is training to earn more income through various kinds of businesses.

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June 06, 2024, 09:49:43 AM
 #132

I think I will only teach and expose my children to bitcoin when they reach the appropriate age, I don't think teaching your relatives or friends about bitcoin is a good idea. Have you ever thought about the scenario if their investment fails and they blame you? And yet, do you think letting more people know you own bitcoin is a good thing and that your privacy is safe?

In addition, teaching investment to young people is not as simple as you or many people are saying. Even those of us who are long-time investors and understand bitcoin very well are having trouble investing in bitcoin. Many people even lose patience and faith in bitcoin every time the market adjusts or there is Fud, so there is no guarantee that young people will be able to do those things. Saying is one thing, doing is another, which is why so far not too many investors have made a profit investing in bitcoin.

Exactly true it is obvious that if they fail to get profit then they will not be more with you and will make your life worse by blaming you everyday for their loss. In present age we cannot do good deeds with others because they will never accept our good deeds but if they face hurdles they will say that we are responsible for it because we teach them about it.

We will just share about Bitcoin not about the amount  of Bitcoin we have so in this way our Bitcoin will remain safe and nobody will have any access to our Bitcoin if we don't trust anyone to share private keys with them.

I am not against introducing or teaching bitcoin to others because that is also how we help bitcoin become more popular. But what I want to say is that we should evaluate each individual before telling them about bitcoin, we should only teach bitcoin to people who want to invest in bitcoin and who can take responsibility for themselves. We should not arbitrarily introduce bitcoin to anyone if we do not want to be blamed and do not want to lose our privacy.

Sharing and teaching bitcoin to others involves our privacy, and that is why some people do not like to teach others about bitcoin because it affects their privacy.

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June 06, 2024, 09:59:06 AM
 #133

I have also nothing against teaching children about cryptocurrency and everything about it, but I am against parents willing to fulfil their unfulfilled dreams through children. Majority want to introduce cryptocurrency to kids, because they wish their kids to turn into early investors and hope that kids will become rich. Imho we should not program kids that money is everything in this world and their lifegoal is to get rich. Parents must teach kids to be kind and happiness.

R


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uswa56
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June 06, 2024, 10:59:50 AM
 #134

First introduction to Bitcoin for children at a young age and then about investing or trading Bitcoin all depends on individual decisions but the most important thing is that someone understands and understands, I think it is quite important for young children and I have even practiced it for my brothers and sisters. who are still young, I think this is quite important for their future.
Young children also have a certain age limit to know about Bitcoin and investment which is accompanied by trading too, because if a child is under ten years old I think it is still too early for him to know about Bitcoin and also about the trading market. Even though it won't be bad for them if we tell them from the start, we ourselves who have become parents also have to see whether their age and thinking are really ready for this. Because at a young age there are many things that need to be trained well, even though in the end it is training to earn more income through various kinds of businesses.
There is no need to force too much to educate children about Bitcoin at a young age, we also have to look at age before explaining about Bitcoin, I think only children aged 17 and over are worthy of being introduced to Bitcoin and it must also be under strict supervision because children Children at a young age have big ambitions so if they don't have enough knowledge then it will be a loss for themselves.
Apart from that, I think all parents know the right time to teach their children, but if we talk about interests, I also think that this is very important.

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June 06, 2024, 11:29:20 AM
 #135

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 ?  
op First of all you didn't mention the age until which age is ok to use bitcoin. However, it is questionable how acceptable the use of Bitcoin will be for children because children will not be able to acquire much knowledge about Bitcoin. But teenagers can invest in Bitcoin if they want but before investing they must be careful about the investment and gain a lot of knowledge. He can definitely invest in Bitcoin at any age if he has enough knowledge about investing in Bitcoin investment. Bitcoin is definitely risky if we have to invest keeping it in mind so we can get high profit if we keep enough watch about Bitcoin market before investing. Bitcoin investment is done by everyone to make money. But becoming an overnight millionaire is not that satisfying. If we always keep a long-term plan and invest in the market, we will definitely be one of the successful investors.

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June 06, 2024, 02:00:22 PM
 #136

First introduction to Bitcoin for children at a young age and then about investing or trading Bitcoin all depends on individual decisions but the most important thing is that someone understands and understands, I think it is quite important for young children and I have even practiced it for my brothers and sisters. who are still young, I think this is quite important for their future.
Young children also have a certain age limit to know about Bitcoin and investment which is accompanied by trading too, because if a child is under ten years old I think it is still too early for him to know about Bitcoin and also about the trading market. Even though it won't be bad for them if we tell them from the start, we ourselves who have become parents also have to see whether their age and thinking are really ready for this. Because at a young age there are many things that need to be trained well, even though in the end it is training to earn more income through various kinds of businesses.
There is no need to force too much to educate children about Bitcoin at a young age, we also have to look at age before explaining about Bitcoin, I think only children aged 17 and over are worthy of being introduced to Bitcoin and it must also be under strict supervision because children Children at a young age have big ambitions so if they don't have enough knowledge then it will be a loss for themselves.
Apart from that, I think all parents know the right time to teach their children, but if we talk about interests, I also think that this is very important.
We shouldnt throw our kids into the crypto pool before they can swim, right? Dont underestimate the kids, either. I know some smart 10-year-olds who could code circles around me!

Bitcoin goes beyond trading digital currency. Decentralised, transparent, and safe financial systems must be understood. Kids will be better prepared for the future if they understand that early on.Imagine learning a new language. Learning is simpler when you start young. Bitcoin also serves as the future economy's language

Of course, its all about finding the right balance. We shouldnt overwhelm kids with sophisticated ideas before they're ready. However, by starting with the essentials in a pleasant, engaging approach, we can spark their interest and encourage financial literacy. Remember, knowledge empowers. Bitcoin power is decentralized.

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June 06, 2024, 09:59:37 PM
 #137

I have also nothing against teaching children about cryptocurrency and everything about it, but I am against parents willing to fulfil their unfulfilled dreams through children. Majority want to introduce cryptocurrency to kids, because they wish their kids to turn into early investors and hope that kids will become rich. Imho we should not program kids that money is everything in this world and their lifegoal is to get rich. Parents must teach kids to be kind and happiness.
If you’re not into greed and wealth, you will definitely teach your children to be kind and be happy in simple life instead. However, I cannot also blame these parents why they are in a hurry to train their kids to invest, maybe because they don’t want them to experience the same poverty that they have been living since birth. So as much as possible, they want to give their kids the best life they can have, even if it means putting a pressure to their kids to learn investing even at an immature minds. I understand this kind of parents but for me, it’s just that their kind of mindset won’t work for young kids.

R


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June 07, 2024, 04:33:18 AM
 #138

I have also nothing against teaching children about cryptocurrency and everything about it, but I am against parents willing to fulfil their unfulfilled dreams through children. Majority want to introduce cryptocurrency to kids, because they wish their kids to turn into early investors and hope that kids will become rich. Imho we should not program kids that money is everything in this world and their lifegoal is to get rich. Parents must teach kids to be kind and happiness.
If you’re not into greed and wealth, you will definitely teach your children to be kind and be happy in simple life instead. However, I cannot also blame these parents why they are in a hurry to train their kids to invest, maybe because they don’t want them to experience the same poverty that they have been living since birth. So as much as possible, they want to give their kids the best life they can have, even if it means putting a pressure to their kids to learn investing even at an immature minds. I understand this kind of parents but for me, it’s just that their kind of mindset won’t work for young kids.
Indeed, there is no harm in teaching their children not to be greedy or make money everything and they choose to live simply. Of course this will really depend on a person's personality, but I really agree with what you said if we educate children about Early investment is of course to be able to prepare what they have invested in their child and not give up all of what they invested and when they feel that their child is worthy of carrying out the investment, of course this will enable them to carry out it well.

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June 07, 2024, 06:57:53 AM
 #139

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 there are both pros and cons to being exposed to Bitcoin at a young age. But I think it's better to learn about Bitcoin at a young age to get used to modern technology in today's modern age. Because it can play a big role in their future cryptocurrency and future economy. There are many people who are afraid to invest about digital, if they can take the right idea of ​​digital investment in advance then they can take a proper plan in the future from which they will be able to earn good profit. I can't force all youths to teach bitcoin but I want to tell them, whether you learn about bitcoin or not is your personal decision but you should enjoy knowing, learning and study bitcoin for future days.

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June 07, 2024, 08:44:17 AM
 #140

I have also nothing against teaching children about cryptocurrency and everything about it, but I am against parents willing to fulfil their unfulfilled dreams through children. Majority want to introduce cryptocurrency to kids, because they wish their kids to turn into early investors and hope that kids will become rich. Imho we should not program kids that money is everything in this world and their lifegoal is to get rich. Parents must teach kids to be kind and happiness.
If you’re not into greed and wealth, you will definitely teach your children to be kind and be happy in simple life instead. However, I cannot also blame these parents why they are in a hurry to train their kids to invest, maybe because they don’t want them to experience the same poverty that they have been living since birth. So as much as possible, they want to give their kids the best life they can have, even if it means putting a pressure to their kids to learn investing even at an immature minds. I understand this kind of parents but for me, it’s just that their kind of mindset won’t work for young kids.

From my point of view, kids have whole life ahead and lots of chances to earn. As a parent, I would not push kids towards earning money. I would explain them that money dont fall from the sky, but I would not insist on becoming early investor, doing something as early as possible. I dont want to copy my life goal on them. My duty as parent to provide them; to earn so much, that I would have chance to give them first capital to start something on their own. Not to make them make their first capital on their own.

R


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