At what Age will you introduce your child to trading

Celinena

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Quote from: Zanab247 on September 18, 2021, 02:23:16 AM

I am not marry yet, but i think the best age to introduce a child to cryptocurrency trading is 18 and above. At the age of 18 that child can be able to understand the rules of trading in the market. At the age of 18 that child suppose be in higher institution or a fresh graduate which it will be very easy for he or she to understand cryptocurrency trading in the community.
I started cryptocurrency trading at the age of 24 and it was not easy for me to become perfect in my trading because I was still experiencing unstable profits in my trade. Because at the age of 18 to 23, i was thinking is not good for someone to get involve in cryptocurrency trade.

In fact, you can learn to program.Programming is very wonderful.I may not agree with children who are exposed to too many transactions.I hope they will have more exposure to the underlying logic of development, so that their world will be more open.

bitgov

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I went through these two news while reading different threads here on bitcointalk.org

They’re 14 and 9 years old—and making $32,000 a month thanks to Ethereum
Twelve-year-old boy makes £290,000 from whale NFTs

Its already happening in the world. Its good thing that these kids have adopted positive usage of crypto and are earning such huge money at such tender age. May be we should also think about this positive usage of crypto for our small kids.

South Park

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Quote from: B-Bit on September 18, 2021, 01:15:26 AM

When they have the idea of money, I will teach them how to use cryptocurrency to pay and teach them the knowledge of cryptocurrency. Many children already know cryptocurrency. When they are very young, I will teach them to pay in cryptocurrency, and when they are adults, I will teach them how to invest in cryptocurrency.

You can teach them about the economy way earlier than that, many people do not really understand how the economy works, when I touch the topic many people still believe that our currency is backed by gold, and when I tell them this is not the case and that currencies are not backed by anything they do not believe me, they think that such a thing cannot be possibly true as the system will be a lie in that scenario, but if you teach your kids from an early age then they will understand this concept and why something like bitcoin is needed.

Zanab247

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I am not marry yet, but i think the best age to introduce a child to cryptocurrency trading is 18 and above. At the age of 18 that child can be able to understand the rules of trading in the market. At the age of 18 that child suppose be in higher institution or a fresh graduate which it will be very easy for he or she to understand cryptocurrency trading in the community.
I started cryptocurrency trading at the age of 24 and it was not easy for me to become perfect in my trading because I was still experiencing unstable profits in my trade. Because at the age of 18 to 23, i was thinking is not good for someone to get involve in cryptocurrency trade.

Celinena

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Fortunately, my child is interested in computer programming. When his father is at work, he always quietly looks at the line of code next to me, even I can’t read it, but my daughter is not interested in programming and is naturally resistant. , She prefers beautiful clothes and where to go to play on weekends.

sirminesalot

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Quote from: B-Bit on September 18, 2021, 01:15:26 AM

When they have the idea of money, I will teach them how to use cryptocurrency to pay and teach them the knowledge of cryptocurrency. Many children already know cryptocurrency. When they are very young, I will teach them to pay in cryptocurrency, and when they are adults, I will teach them how to invest in cryptocurrency.

We better should wait to teach our children cryptocurrency trading when they have enough age to control their emotion.
Even we've heard famous story warren buffet start his investment from very young age but we cannot generalize all kids will have the same mentality, most kids are not mentally stable, they are stubborn and will do anything to get what they want, and it's' very dangerous in cryptocurrency trading because the market is too rude for kids.
So it's better to introduce what is trading is, how it done, and give them a practice account before we give them the real money to trade or invest.

B-Bit

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When they have the idea of money, I will teach them how to use cryptocurrency to pay and teach them the knowledge of cryptocurrency. Many children already know cryptocurrency. When they are very young, I will teach them to pay in cryptocurrency, and when they are adults, I will teach them how to invest in cryptocurrency.

Hobo66

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I think it's not fair for the child less than 18 years to participate in trading. If they do not have knowledge about trading, they will not be able of doing trading. Age of a person after 18 years are good for trading. Because they become able and their sense of thinking is good enough for trading and take decision.

geegaw

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Quote from: Zilon on September 17, 2021, 02:26:40 AM

Quote from: Fivestar4everMVP on September 16, 2021, 05:15:41 PM

10 years old child can't really understand everything in the market no matter how smart they are.
For me, I think their education is my priority, a child who got into crypto or making money earlier than it should be is likely to one day leave or drop out of school even with out discussing the decision with their parents.
I think if the parents value education like I do, the child should be allowed to focus on his or her academics until he or she gets into the higher institution where they have much more free time for themselves and also, by this time, they have come of a good age to understand fully what money is all about and how it can made, this way, you don't risk your child's education through wanting him or her to start making money early.

Most times we tend to underrate kids. Don't be surprised most of this kids are smarter than most adults and many are very smart when it comes to learning. Definitely some kids might not get the concept the first time but with consistent pictorial view of what they are been taught it would gradually sink in. Presently we have kids in tech writing blocks of code solving automation processes

Some children are truly special and have extremely good associations and abstractions of images and perceptions in the brain but you see movies that reflect on geniuses and their childhoods or the closest example is the children in the families of politicians and celebrities, the silhouette of the family and the fame of the family is the factor that makes them work hard from a young age, not having fun. Being smarter at a young age is a great thing but there is no need to make a difference with other children of the same age, loneliness is very tasteless

LUCKMCFLY

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Quote from: zaesvlas on September 12, 2021, 03:38:12 AM

Considering that the world is confident and strides towards digitalization, the rule "the sooner the better" applies here. I myself started working in this industry at about 21 years old.

Well 21 years is a mature age where the best decisions are made, one question, when you were in your academic training did you lean towards everything related to business? Did you do previous studies about it? Your vocation was given because of what? The truth is I want my son, who is still very young, to also focus on business, commerce, and I think that the training they impose on him at school is very primitive, they don't teach them the things that really matter, they don't teach them businesses, they don't talk about money, taxes, and I think we all need training from a very young age not to be employees but employers.

john_nautica

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Quote from: Zilon on September 17, 2021, 02:26:40 AM

Quote from: Fivestar4everMVP on September 16, 2021, 05:15:41 PM

10 years old child can't really understand everything in the market no matter how smart they are.
For me, I think their education is my priority, a child who got into crypto or making money earlier than it should be is likely to one day leave or drop out of school even with out discussing the decision with their parents.
I think if the parents value education like I do, the child should be allowed to focus on his or her academics until he or she gets into the higher institution where they have much more free time for themselves and also, by this time, they have come of a good age to understand fully what money is all about and how it can made, this way, you don't risk your child's education through wanting him or her to start making money early.

Most times we tend to underrate kids. Don't be surprised most of this kids are smarter than most adults and many are very smart when it comes to learning. Definitely some kids might not get the concept the first time but with consistent pictorial view of what they are been taught it would gradually sink in. Presently we have kids in tech writing blocks of code solving automation processes

You have a point here. Children of newer generations tend to be more informed and smart due to the fact that they have more access to information now. As per my take on this, if ever I have a child, I will introduce trading and crypto to my child at the age when his or her comprehension can fully take it. Education from school is nonetheless important, but I want my child to know something outside from classroom and something that I also like to do.

Zilon

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Quote from: Fivestar4everMVP on September 16, 2021, 05:15:41 PM

10 years old child can't really understand everything in the market no matter how smart they are.
For me, I think their education is my priority, a child who got into crypto or making money earlier than it should be is likely to one day leave or drop out of school even with out discussing the decision with their parents.
I think if the parents value education like I do, the child should be allowed to focus on his or her academics until he or she gets into the higher institution where they have much more free time for themselves and also, by this time, they have come of a good age to understand fully what money is all about and how it can made, this way, you don't risk your child's education through wanting him or her to start making money early.

Most times we tend to underrate kids. Don't be surprised most of this kids are smarter than most adults and many are very smart when it comes to learning. Definitely some kids might not get the concept the first time but with consistent pictorial view of what they are been taught it would gradually sink in. Presently we have kids in tech writing blocks of code solving automation processes

palle11

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Quote from: carlfebz2 on September 16, 2021, 05:27:35 PM

Quote from: palle11 on September 16, 2021, 04:14:41 PM

Quote from: Kinghunter0071 on September 16, 2021, 03:59:03 PM

i want him to inheritance my cryptocurrency when i left this world because nobody can say when the time will come, thank God he get interested in it and am happy for him.

It is nice to know that God only knows what can happen tomorrow and in the future and the need for we passing over knowledge to children and younger persons to carry on from there because trading can be the very good source of income for the family. I intend to pass on that too but I don't think any age is specified only if the child starts to develop interest in it then we can start to expose it to him or her.

Wont really be focusing much about trading or crypto involvement in terms of source of income or possible job in the future.Nothing beats out when your children had finished off their studies which does simply

assured out that they would really be ending up on having a day job just on the case on things wouldnt really go as expected since not all people who do engage on trading do really end up successful.

This is why it is much better on focus out first more in their studies and then its a side learning for them to know about trading but not really shouldnt be on focus.

You also can get the understanding that after study is how to get food, shelter and live a good life which are very important. Nothing will get wrong if a student gets a vocation by the side along with schooling. Acquiring skill can come in different forms, trading is a skill and a form of education that needs to be learnt. I know say people trying to trade and can not because they don't have the knowledge so if the kids show interest in learning how to trade, it is better not to deny that to the child.

Bollexz1

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I certainly agree with you on this matter. After all, We've seen series of news on TV and on the internet like a 12yrs old kid who made over $400,000 creating and selling NFT and so as others. This is far better than gambling most kids waste their precious time on. Infact, I would help fund my kid trading account a little earlier to what the OP said.

carlfebz2

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Quote from: palle11 on September 16, 2021, 04:14:41 PM

Quote from: Kinghunter0071 on September 16, 2021, 03:59:03 PM

i want him to inheritance my cryptocurrency when i left this world because nobody can say when the time will come, thank God he get interested in it and am happy for him.

It is nice to know that God only knows what can happen tomorrow and in the future and the need for we passing over knowledge to children and younger persons to carry on from there because trading can be the very good source of income for the family. I intend to pass on that too but I don't think any age is specified only if the child starts to develop interest in it then we can start to expose it to him or her.

Wont really be focusing much about trading or crypto involvement in terms of source of income or possible job in the future.Nothing beats out when your children had finished off their studies which does simply

assured out that they would really be ending up on having a day job just on the case on things wouldnt really go as expected since not all people who do engage on trading do really end up successful.

This is why it is much better on focus out first more in their studies and then its a side learning for them to know about trading but not really shouldnt be on focus.

Fivestar4everMVP

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10 years old child can't really understand everything in the market no matter how smart they are.
For me, I think their education is my priority, a child who got into crypto or making money earlier than it should be is likely to one day leave or drop out of school even with out discussing the decision with their parents.
I think if the parents value education like I do, the child should be allowed to focus on his or her academics until he or she gets into the higher institution where they have much more free time for themselves and also, by this time, they have come of a good age to understand fully what money is all about and how it can made, this way, you don't risk your child's education through wanting him or her to start making money early.

palle11

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Quote from: Kinghunter0071 on September 16, 2021, 03:59:03 PM

i want him to inheritance my cryptocurrency when i left this world because nobody can say when the time will come, thank God he get interested in it and am happy for him.

It is nice to know that God only knows what can happen tomorrow and in the future and the need for we passing over knowledge to children and younger persons to carry on from there because trading can be the very good source of income for the family. I intend to pass on that too but I don't think any age is specified only if the child starts to develop interest in it then we can start to expose it to him or her.

Kinghunter0071

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I'm already teaching my son how to trading last year he clock 10 though he never try to trade because he need to face is study for now but by the age of 15year I'm sure he will be an expert because i want him to inheritance my cryptocurrency when i left this world because nobody can say when the time will come, thank God he get interested in it and am happy for him.

jossiel

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Quote from: zaesvlas on September 12, 2021, 03:38:12 AM

Considering that the world is confident and strides towards digitalization, the rule "the sooner the better" applies here. I myself started working in this industry at about 21 years old.

You're in at good timing.

And talking about kids, I agree with you that we should teach them as soon as possible because it makes them open to the world of possibilities and potentials about their future career.

They will be more open to the technologies and trading because it's going to be a broad relation with how they profit.

South Park

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Quote from: jostorres on September 10, 2021, 05:08:16 AM

Quote from: Zilon on August 23, 2021, 12:42:04 AM

For me at age 10 my children should understand the market and how it works, interpreting chats and deciding the next move of each coin from studying the price action of different coins. At age 13 the should start trading with a demo account and at age 15 they should have funded their first account. This would help them become financially independent, also help then limit future gambling prowess and also make them prepared for their careers

Funds has been one of the limiting factors many people encountered while pursuing their dreams and ambitions. For me I see it as means where the could comfortably fund their ambitions without much stress and still have enough for fun and recreation.

We just need to realize that some kids will never understand it, it will not be in them at all. I have seen people who never understood anything about money, my wife is included in that list as well. Compared to me, she has zero knowledge how finances work, she doesn't even let a single dollar debt in her card, this month we had a big emergency and I had to find some extra cash somewhere, you know why? Because, she had to pay that debt all at once at the start of the month, that is how serious she is when it comes to debt. Me? I could take a million dollars debt to buy some mining equipment and put it somewhere and I wouldn't lose a night's sleep over it.

I would be excited about the items I got, but wouldn't worry about the debt at all. When people do not even know the difference between good debt and bad debt, you can't expect them to understand trading which is even more complex.

You're a lucky man, a lot of people do not really understand how the economy works but instead of being cautious as it is in the case of your wife they are very reckless and take on all kind of debt for stuff that they do not really need, so this is terrible and they end up paying huge interest rates for stuff that they could have bought with cash if they just waited for long enough, to me those are the people that cannot really learn anything about the economy as they are willing to take actions that go against their own self-interests with such ease that is scary.

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