Exposure to bitcoin at young age

[CODE200]

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.

This one is the best thing that's been said here, forcing someone to be a clone of yourself isn't really the best thing, the thing that someone would get out of this, is probably a rebelling child that would do everything in their favor to not be a clone of yourself, I mean look at it this way, if you've wanted to achieve your dreams, you should've done it for yourself and if you wanted a clone of yourself, you should've just made a whole house full of mirrors so you can look at yourself, it's the same thing anyways.

[Uhwuchukwu53]

For me any age that is able to account for things is enough to invest on BTC provided means if funding or accumulating is available even if the source of money is been funded by parents it save more to even the parents as it's a very good decision for their child sort means of generating money in it's own. Those resourceful parents the level of money they give their children for up keeps enough for a wise person to invest even if it's monthly as it's part of savings as well generating more money.

In the real sense joining crypto investment at early age is the best it gives you room to enjoy the investment if throughly one is holding for long term you will still have time to enjoy the benefits at good age even before older age.

[Elex]

I think it really depends on the individual. Some young people might be ready and responsible enough to handle exposure to Bitcoin and understand the risks and rewards. But for others, it could be overwhelming or lead to impulsive decisions. So, it's probably best to educate them about Bitcoin and financial literacy in general, but also emphasize the importance of patience and responsible investing.

[Zanab247]

I think it really depends on the individual. Some young people might be ready and responsible enough to handle exposure to Bitcoin and understand the risks and rewards. But for others, it could be overwhelming or lead to impulsive decisions. So, it's probably best to educate them about Bitcoin and financial literacy in general, but also emphasize the importance of patience and responsible investing.

As long they are above 17 or 18 years,  I can educate my siblings to BTC business because it will help them in the future, if they can know it in early age and they will remain in BTC business for long and it will reduce the load of our parents when they enter higher institution.

It is good to know the risk in BTC before learning or investing in BTC, which is what is making some newbies not to invest in BTC because they are afraid of the risk which BTC price is not predictable no matter how expert you are to BTC market.

Even though, you are going to forget somethings in the impact, don't forget to teach them how to exercise patience when the bear run is taking a long years in the market, which is the major thing that will make them to believe in BTC.

[Silberman]

I think it really depends on the individual. Some young people might be ready and responsible enough to handle exposure to Bitcoin and understand the risks and rewards. But for others, it could be overwhelming or lead to impulsive decisions. So, it's probably best to educate them about Bitcoin and financial literacy in general, but also emphasize the importance of patience and responsible investing.

Teaching the young about the economy early on is a good move, as the sooner they know about all the pitfalls they can fall to, the sooner they will take good decisions, however it is wrong to encourage young people to invest at such a young age on bitcoin, and this is because even if they had the right knowledge about this market, it is unlikely they could apply it as they should, which could create bad habits it will be very hard for them to get rid of to.

[Assface16678]

I think it really depends on the individual. Some young people might be ready and responsible enough to handle exposure to Bitcoin and understand the risks and rewards. But for others, it could be overwhelming or lead to impulsive decisions. So, it's probably best to educate them about Bitcoin and financial literacy in general, but also emphasize the importance of patience and responsible investing.

Teaching the young about the economy early on is a good move, as the sooner they know about all the pitfalls they can fall to, the sooner they will take good decisions, however it is wrong to encourage young people to invest at such a young age on bitcoin, and this is because even if they had the right knowledge about this market, it is unlikely they could apply it as they should, which could create bad habits it will be very hard for them to get rid of to.

Well, you do have a point, I think bitcoin or crypto currency is too much for young age if you will introduce it first to them, I mwan yes its a good thing to learn at early age, but I think its better if a parents will trach their children at erly stage how to have a good mindsent when it comes to money, or becoming more money oriented and money smart so that they could adopt to it and for sure they are the one that will explore themselves and if they take interest in bitcoin or crypto currency then that's when you can guide and teach them, If I will have my own kid that's the thing I will do, self development and having a good mindset when it comes to money first, because they can later on discover crypto by themselves and for that they can handle it with little guidance and support.

[SickDayIn]

I'd reconsider this question as "is exposing new technology good for people at a young age", and the answer is yes. It's important for young people to understand the economic system we live in, what money really is, and what types of technological advances are out there exist (such as Bitcoin). Learning about all new technologies is important, but it's also young people don't blindly follow what is "trending", like the shitcoin and NFT rage that has been happening in the last few years.

[Smack That Ace]

I think it really depends on the individual. Some young people might be ready and responsible enough to handle exposure to Bitcoin and understand the risks and rewards. But for others, it could be overwhelming or lead to impulsive decisions. So, it's probably best to educate them about Bitcoin and financial literacy in general, but also emphasize the importance of patience and responsible investing.

Teaching the young about the economy early on is a good move, as the sooner they know about all the pitfalls they can fall to, the sooner they will take good decisions, however it is wrong to encourage young people to invest at such a young age on bitcoin, and this is because even if they had the right knowledge about this market, it is unlikely they could apply it as they should, which could create bad habits it will be very hard for them to get rid of to.

Well, you do have a point, I think bitcoin or crypto currency is too much for young age if you will introduce it first to them, I mwan yes its a good thing to learn at early age, but I think its better if a parents will trach their children at erly stage how to have a good mindsent when it comes to money, or becoming more money oriented and money smart so that they could adopt to it and for sure they are the one that will explore themselves and if they take interest in bitcoin or crypto currency then that's when you can guide and teach them, If I will have my own kid that's the thing I will do, self development and having a good mindset when it comes to money first, because they can later on discover crypto by themselves and for that they can handle it with little guidance and support.

How can they become good investors if they don't know how to manage their finances? So, there is no point in us trying to teach them bitcoin and force them to invest in bitcoin when they know nothing about basic economic and financial knowledge. That is like forcing children to study university programs when they are still in elementary school.

Many people have never had children, have never understood children's thoughts, what children need and want at their age, but always give their opinions on how to raise children to others. This is really funny.

Having early exposure e to bitcoin investments does not mean they will definitely become good investors in the future, there is no scientific evidence to prove that. That is not the way for us to create geniuses, everything needs to be educated at the right age, with the right method to bring the best results.

[uneng]

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 ? 

One of my regrets in life is not have been exposed to Bitcoin since an earlier age. Instead of having spent my time on videogames, playing on the streets with other kids I would be already earning money online for my future, so I could be right now in a better financial condition, without any fears, insecurities and uncertainties regards what is going to happen next with my finances. Moreover, I could be already proportionating my parents a much better life condition, allowing them to do everything they have already dreamed about accomplishing in life, which they never had the opportunity to do so due to financial limitations.

The sooner you start working and making income, the better, I suppose... Especially if you are going to begin from zero!

[Kristiyana]

I think it really depends on the individual. Some young people might be ready and responsible enough to handle exposure to Bitcoin and understand the risks and rewards. But for others, it could be overwhelming or lead to impulsive decisions. So, it's probably best to educate them about Bitcoin and financial literacy in general, but also emphasize the importance of patience and responsible investing.

Teaching the young about the economy early on is a good move, as the sooner they know about all the pitfalls they can fall to, the sooner they will take good decisions, however it is wrong to encourage young people to invest at such a young age on bitcoin, and this is because even if they had the right knowledge about this market, it is unlikely they could apply it as they should, which could create bad habits it will be very hard for them to get rid of to.

That's a very good point because teaching the children about the economy on there early age will serve as a guidelines for them because as they are growing up they have already known what they are in for, but in terms of exposing children to Bitcoin investment could sometimes not be advise able just as you observe because with there age they may not really understand the risk and also since investment is something that has to do with money it could actually expose them to some illegal just because they need money to invest.

[Gladitorcomeback]

Teaching the young about the economy early on is a good move, as the sooner they know about all the pitfalls they can fall to, the sooner they will take good decisions, however it is wrong to encourage young people to invest at such a young age on bitcoin, and this is because even if they had the right knowledge about this market, it is unlikely they could apply it as they should, which could create bad habits it will be very hard for them to get rid of to.

I actually think a bit differently about this subject. Although I agree that there is nothing wrong in letting young kids know about Bitcoin and cryptocurrencies or other economic things, I believe some of the concepts might be too complex for them to understand and comprehend and it might disturb their minds since they wouldn't have a vast mind and critical thinking abilities like us adults.

So maybe it can be useful to let them know the basics in a way that wouldn't make them confused or force them to put a lot of pressure on their minds, but we should let them do what they should be doing in their age which is to focus on their studies and what they want to do or become in the future. If we confuse them with Bitcoin and cryptocurrencies and other economic terms and stuff, they might get lost in all of these things.

[Betwrong]

Not all young people desire to get rich.

Seriously? Are there really some set of people that don't wanna get rich?... Jeezz  

I don't want to go off-topic, so I'll drop it here. Think as you please.


Exposing young people to Bitcoin at young age is a good thing, in my opinion. Only don't try to teach them trading, investing and that kind of thing. Explain to them what is blockchain in simple words and what is Bitcoin in simple words too. And if they will understand most of it and at least will become familiar with these promising technologies, it will be enough.