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mumang siat
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August 25, 2024, 05:01:03 PM
 #41

Yeah, I think majority of members here still believes that we should really work out ass off to earn money and be rich in the future. Although in crypto investments, there are a big chance that we can earn a lot by simple buying and then holding, just like a passive income.

 Using youth in planning a much better future preparation and earning money or trying to have wealth is a common dream of every individual, in this case there may be many ways for them to do to achieve it, especially now let's just say in the field of technology that they are targeting and it is true that crypto is one of the choices of those who have big returns when they are good at understanding Bitcoin especially.

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Franctoshi
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August 25, 2024, 09:47:38 PM
 #42

Good that you discovered Bitcoin when you were sixteen and and now you want to invest, start with a gradual process, with time you will even be shocked with how you must have invested in your portfolio in Bitcoin and owing Bitcoin won't also stop you from doing other jobs aside Bitcoin, in as much as you have hope of realizing some profits in your investment, and it basically pays off when you have patient with your portfolio.

 
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Finestream
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August 25, 2024, 09:56:10 PM
 #43

(...) Maybe this story won’t make sense to everyone, but I want to see if they were right—that without
"Physically demanding jobs" work, there is no money. I believe otherwise, which is why I’m writing this. Let time show. Cool

I don't think anyone is saying that you can't earn good money outside of a physical job.
What people tend to say is you need to put in a lot of work and effort to expect high earnings, which is good advice.
Don't fall into the trap of chasing big returns with little to no work neglecting working on your skills. Even if you're successful and end up with a fortune, you'd be looking at your peers who mastered their professions, while you'd have nothing to show for yourself other than money. That's not the best place to be.
There's actually a lot of earning opportunities outside from a physical job and one of it is bitcoin. But you'll only earn if you put a lot of efforts in understanding bitcoin and its volatile market as well so you won't only invest or trade for nothing. Same with other earning job opportunities, hardwork and efforts are a must, whether it's offline or online jobs.

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August 25, 2024, 11:21:30 PM
 #44

BTCHello, my name is foren00BTC. I learned about Bitcoin when I was 16 years old by Googling on the internet. It piqued my interest, so I delved deeper into the world of cryptocurrency and Bitcoin.

My parents never believed in this and didn't support me. I understand them because this isn't their era, and they thought all of it was a scam. They never wanted to support me in investing, but I understand and don't hold it against them. Now that I’m 18 and have a fair amount of money from my salary, I’m directing it towards Bitcoin investment, and other investing projects.

Maybe this story won’t make sense to everyone, but I want to see if they were right—that without
"Physically demanding jobs" work, there is no money. I believe otherwise, which is why I’m writing this. Let time show. Cool

Bye foren00 2024BTC
Welcome to the Bitcoin Forum.
You have come to know about Bitcoin and want enough to invest in Bitcoin, but one thing to note very well is that every investment is risky and if you invest without knowing about the risks of Bitcoin investment, you may be upset later. If you depend on your father then you should never invest in bitcoins without his opinion because later on your father may blame you for the risk of investing in bitcoins. You try your best to convince your father about Bitcoin I believe you will be able to convince your father about Bitcoin.  If you convince your father to invest a certain part of your salary in Bitcoin, there should be no problem.

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mirakal
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August 25, 2024, 11:38:39 PM
 #45

The trend now is no longer the same compared before. Traditional and physical jobs have become more invisible to the people as they prioritize now looking for job opportunities that are operated online. So it's more on online jobs, without physical jobs, are the most profitable sources of income these days.

However, hardwork and efforts still remained. If you don't have due diligence on familiarizing and leaning from your job, you will still never get compensated at all.

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August 26, 2024, 01:26:03 AM
 #46

First of all your parents are wrong. I’d like to know, if you may share, can your parents even explain what bitcoin is? Have they done any research on it? Can they even explain say, the basic principles of what a blockchain is? I’d start from there.

Great to see someone so interested in saving for their future at such a young age. I know I sure as heck wasn’t.

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August 26, 2024, 06:13:11 PM
 #47

It is natural that your parents do not support you in investing in bitcoin because they think this is like fraud there are no physical goods that your parents think about but so be it ... you can prove when you have benefited anyways bitcoin is now getting more and more recognized some parents already understand.

I don't know if at the age of 18 you are still studying while working? Yes most of what I know at that age is still busy in college with his level of education but you are already earning to invest.

Now work doesn't need to be physically demanding you just need to develop skills in the online world, this will make it easier for you to find opportunities for sources of income.

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August 26, 2024, 06:46:08 PM
 #48

It is natural that your parents do not support you in investing in bitcoin because they think this is like fraud there are no physical goods that your parents think about but so be it ... you can prove when you have benefited anyways bitcoin is now getting more and more recognized some parents already understand.

I don't know if at the age of 18 you are still studying while working? Yes most of what I know at that age is still busy in college with his level of education but you are already earning to invest.

Now work doesn't need to be physically demanding you just need to develop skills in the online world, this will make it easier for you to find opportunities for sources of income.
There is important advice said by wise people "Don't involve your parents in your business and investment decisions, they may not agree with your plans".

There is a reason behind this advice and what is clear is that this prohibition is probably not to let other people (including parents) ruin your big plans. Parents basically don't want their son to lose money because of the risks they consider, but they want their son to be successful. Not all parents understand business and investment, so don't make them worry about your big plans that have the risk of losing money.

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August 26, 2024, 07:15:32 PM
 #49

Now that I’m 18 and have a fair amount of money from my salary, I’m directing it towards Bitcoin investment, and other investing projects.
Good thing that you want to buy BTC, but take note that BTC is not a scheme for you to get rich, you also have to understand a lot about BTC before you buy it, especially how to safely store your funds and not lose it to attackers. Take note that you should also hone your skills and get a real life job, do not replace all of that because you bought BTC, you should get a real life job and build a career, that's so important.

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August 26, 2024, 07:42:55 PM
 #50

Yeah, I think majority of members here still believes that we should really work out ass off to earn money and be rich in the future. Although in crypto investments, there are a big chance that we can earn a lot by simple buying and then holding, just like a passive income.

 Using youth in planning a much better future preparation and earning money or trying to have wealth is a common dream of every individual, in this case there may be many ways for them to do to achieve it, especially now let's just say in the field of technology that they are targeting and it is true that crypto is one of the choices of those who have big returns when they are good at understanding Bitcoin especially.
But I think this thinking will sometimes be a trap because with this thinking we will think of crypto and bitcoin as an easy place to get instant wealth.

It is true that we must prepare from the start what we have to do in order to support life to be better in the future but do not make our view of crypto as one of the easy steps to get wealth because we will take the wrong steps if such thinking exists.

However investing for the long term is a condition where we really have to do that in the hope of a better future but what happens for now is that sometimes we think that investing in bitcoin is solely for wealth that can be obtained instantly but do not want to know the process and the worst possibilities that occur so that there are many examples of people who actually lost money and felt cheated when they were in bitcoin but it happened because of their own actions who could not accept the fact that crypto and bitcoin were not as simple as imagined.

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August 26, 2024, 11:47:59 PM
 #51

BTCHello, my name is foren00BTC.
Well, your name isn't actually foren00 😏. It's your moniker.

Quote
My parents never believed in this and didn't support me. I understand them because this isn't their era, and they thought all of it was a scam. They never wanted to support me in investing, but I understand and don't hold it against them. Now that I’m 18 and have a fair amount of money from my salary, I’m directing it towards Bitcoin investment, and other investing projects.
From your story, all that started two years ago – 2022. One would think there had been a high level of exposure concerning Bitcoin then. How come your parents weren't still in tune with what was happening? Oh, could it be from the part of the world you live in? Anyway, I hope you become evidently successful with Bitcoin to the point that it makes your parents believers in it.

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August 27, 2024, 01:09:26 AM
 #52

[...]
Bitcoin is used for money laundering but who is using bitcoin for those illegal activities? Criminals, terrorists...human? Before Satoshi created bitcoin, criminals also used fiat money, gold, silver...so who should we blame?

Bitcoin is not a scam in any way as it is just a tool like many others, it is being used by criminals for their illegal purposes. Bitcoin completely free of fraud in any way as it is just a tool like many others, it is used by criminals for illegal purposes just like they use fiat or gold. The fault here lies entirely with the criminals and partly with the government for not being able to find a solution to thoroughly suppress the criminals.

As you said, criminal use of bitcoin has decreased in recent months, which means they are starting to use other methods like fiat, why is no one talking about this?


Is this the fault of fiat, is fiat completely free of fraud?

Anything that is in the form of a commodity or has value can be misused, no need to go too far, i can give a simple example. For example, a knife, it will be useful if the user use it to cut food ingredients for cooking. It would then be dangerous if used to threaten someone to obtain valuables (as would be done by a thief).

Bitcoin, FIAT, gold & silver are commodities, they have value, but among these four the one that has the advantage in terms of privacy is bitcoin, that's why these days, global or internet criminals are taking advantage of this advantage of Bitcoin. I won't fault royalfestus point of view or yours. But at least i've provided an easy to understand explanation why these days bitcoin is the target & not FIAT, gold or silver.

R


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August 27, 2024, 01:46:26 AM
 #53

Whoever they are, they are wrong. You don't have to prove that with Bitcoin. We are in the 21st century. Work isn't anymore about physical labor. Jobs don't have to be physically demanding anymore. A lot of people are now working sitting down in the comfort of their home. Mentally draining, possibly, but you don't have to move a lot of muscles anymore to work.

Good luck with your plan! Be reminded that if you want to make money with Bitcoin, you need to develop diamond hands.

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August 27, 2024, 05:25:52 AM
 #54

First of all your parents are wrong. I’d like to know, if you may share, can your parents even explain what bitcoin is? Have they done any research on it? Can they even explain say, the basic principles of what a blockchain is? I’d start from there.

Great to see someone so interested in saving for their future at such a young age. I know I sure as heck wasn’t.
It is very difficult to convince any person of something that he does not know about, and when it comes to seniors, it is very difficult to convince them of things they know about, yet seniors are not quick to accept innovations.

We should also remember that our parents are no longer at an age where they can learn new things or teach them new things, so we should continue with the things that have the potential to improve us. When we achieve success, show our success to our parents, which will make them happy and understand that this is a rewarding thing.

Instead of discussing and celebrating everyone, Cryptocurrency is not something that you can lose a lot or gain a lot overnight, so first learn yourself well and understand it. Take action because it is not a gamble that you will either win or lose if you do it. We have many things to learn and understand.

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August 27, 2024, 07:52:59 AM
 #55

---
My parents never believed in this and didn't support me. I understand them because this isn't their era, and they thought all of it was a scam. They never wanted to support me in investing, but I understand and don't hold it against them. Now that I’m 18 and have a fair amount of money from my salary, I’m directing it towards Bitcoin investment, and other investing projects.
I can relate to this one because my parents aren't also involved into any investing at all.

When they saw me investing, they didn't support me, but didn't go against it either. They just let me do what I want which is investing because at first place, they aren't giving money to me and instead, I'm keeping a portion of my monthly salary for investing. It's good that at 18 years old, you already tried investing into Bitcoin. Maybe if you know more about Bitcoin already, try to educate them if they wanted to just to remove the doubts and who knows. They might support you after doing it. Smiley

You have all the times for you to do everything about investing. You have all the knowledge that you need and you just need to research it. You might commit mistakes along the process, but that doesn't affect you that much compared to those who just started investing when they're 50-60 years old. Good luck with your investing journey. I hope that you will learn more about investing because scammers are just lurking around you, waiting for the perfect opportunity to scam you. Equip yourself with information that will help you and when you're profiting with cryptocurrency already, don't forget to help others.

 
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August 27, 2024, 08:12:03 AM
 #56

Welcome to this forum mate. Well, your story makes sense, because not only you but many people also have the same experience when they tell their parents about Bitcoin investment, but believe me that your parents are not entirely wrong, they are just worried that you will put your money in the wrong place and that is a natural response from a parent. Now that you have your own income and have invested in Bitcoin, your job is to make sure that your decision to invest in Bitcoin is not wrong - you have to invest correctly and think about all the risks - and try to tell your parents slowly about the right knowledge about Bitcoin, maybe they will slowly understand it. Good luck.

R


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August 27, 2024, 08:29:06 AM
 #57



Maybe this story won’t make sense to everyone, but I want to see if they were right—that without
"Physically demanding jobs" work, there is no money. I believe otherwise, which is why I’m writing this. Let time show. Cool
You don't need physically demanding jobs to make money in this generation, machines are doing most of them for us, it's to aquire the skills to control the machines that is mostly our jobs now. Since the creation of the internet many people are now earning money from social media and a whole other areas like cryptocurrency. So you're welcome to cryptocurrency, there are many scams in the space but you've made the right choice of choosing Bitcoin.

It takes money to make money in the crypto industry and the beauty is that you're not in competition with anybody when it comes to Bitcoin investment. As you're earning salary I'd advise you to adopt the DCA method, make a budget of your salary and decide the percentage for buying Bitcoin when you're paid..











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Adams0001
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August 27, 2024, 10:32:49 AM
 #58

Maybe this story won’t make sense to everyone, but I want to see if they were right—that without
"Physically demanding jobs" work, there is no money. I believe otherwise, which is why I’m writing this. Let time show. Cool

Bye foren00 2024BTC
At your age, most people are still fascinated with buying video games and spending money on liabilities. Investing at this age is a good thing and you will not regret it in future. Your parents are speaking based on their level of understanding, and I don't blame them. Before the computer age, you had to go to a physical office every day for work, but this is not the case now. People can make good money from remote jobs and also engage in other online businesses like trading. I will suggest that you keep working and accumulating Bitcoin. Hopefully, you might make enough money from it that will make your life a comfortable life in the future.

Some parents are hearing some people saying bad things about bitcoin and they will try to not let their child fall victim because they don't know they are doing the wrong thing. Most people that are saying things about bitcoin don't have enough money to invest and they will try to discourage people who are interested because I am sure they know bitcoin is a good investment that pays people in the long run if you understand everything about it and you are really patient. At this age you want to start investing in bitcoin, I am confident you will enjoy it. If you are really interested in bitcoin and focus on it, you will see the beauty of bitcoin, since you are earing salary i see you won't be suffering from paying of bills and other things. Just be investing 20% or 30% of your salary on bitcoin gradually you will started see your bitcoin much in your wallet and be getting profits when the market is moving good.  

If your patient is hesitant to invest in bitcoin, it's best to keep it a secret. Consider saving a portion of your salary and investing in bitcoin. Additionally, if your parents say is child should not do something that means he as hear something bad abouts it that he won't like is child to lose is funds on it. so if your parents are saying is scam don't drag with them just told them okay, and just invest without there notices, when you achieve your goal you can told them what you have achieved on bitcoin. Because dragging with them means disrespecting them instead, say OK and follow the goal, and I am confident that if it is bitcoin, he will not fail you, because he has helped others go from poor to rich, so don't give up, strive hard, study about bitcoin, and invest. You will undoubtedly reach your goal all you need is time and determination at all.

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August 27, 2024, 12:05:19 PM
Merited by Lidger (2)
 #59

Maybe this story won’t make sense to everyone, but I want to see if they were right—that without
"Physically demanding jobs" work, there is no money. I believe otherwise, which is why I’m writing this. Let time show. Cool

Bye foren00 2024BTC
I think it is unrealistic to think that in today's modern world there is no money without physically demanding jobs. Nowadays various people around the world are making money through online based activities especially freelancing, affiliate marketing as well. Are those who are earning money doing this activity physically dependent on the job, no.

Also OP you also mentioned that your parents don't believe in Bitcoin ie they consider Bitcoin as a scam. There are still ways to show your parents that Bitcoin is not a scam investment. Like you I ran into the exact same problem when I wanted to invest in Bitcoin. But when used the money earned from my bitcoin investment for my family, they believed that bitcoin investment is not a scam. Maybe you will also be able to convince your parents this way. Actually our parents are not of modern generation due to which they don't know that apart from physical labor money can be earned through online works.

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Rockstarguy
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August 27, 2024, 01:53:13 PM
 #60

BTCHello, my name is foren00BTC. I learned about Bitcoin when I was 16 years old by Googling on the internet. It piqued my interest, so I delved deeper into the world of cryptocurrency and Bitcoin.

My parents never believed in this and didn't support me. I understand them because this isn't their era, and they thought all of it was a scam. They never wanted to support me in investing, but I understand and don't hold it against them. Now that I’m 18 and have a fair amount of money from my salary, I’m directing it towards Bitcoin investment, and other investing projects.

Maybe this story won’t make sense to everyone, but I want to see if they were right—that without
"Physically demanding jobs" work, there is no money. I believe otherwise, which is why I’m writing this. Let time show. Cool

Bye foren00 2024BTC
Sometimes parents won't always support you with what you have in mind because they do not have knowledge of new innovations. But it is all good that you have a source of income to start bitcoin investment because investment in bitcoin depends if you have something doing that generates a source of income or not. Even if your parents support you to invest bitcoin then, and they didn't also support financially it would have been difficult for you to have a successful investment.

But now you have a source of income which you don't need to depend on your parents for finance you need to prove to them that you were not wrong with the idea of investing bitcoin. You can only prove them wrong with the good result of your investment and to achieve this you must have the understanding of bitcoin and do things right to have a successful investment,  with this it will be easy for you to convince them and make them to understand what bitcoin investment is all about.

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