At what Age will you introduce your child to trading - page 2.

Wawa2013

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Quote from: molsewid on September 12, 2021, 02:43:04 AM

Quote from: bhooscream on September 11, 2021, 05:48:51 PM

I don't introduce it based on age, but based on the interest of my child. When my child asks me about trading, then I will introduce it. But if my child doesn't ask me, I won't introduce it to him. I will try to be wise, not force my child to know trading because of my encouragement. I love my child and I care about his future. For me, the future of my child should be based on his own wish. As long as it is not a bad thing, will always support my child's dream.

This should be the top priority of a parent for his child and it is to know what's the interest of the child. There's nothing wrong of introducing or teaching a child about trading at a young age but as long as the child's interest were attracted by trading you can go ahead but if a child's interest is not on trading it would be hard also for a parent to make his child learn this thing. Maybe it is much better to teach them a proper discipline like train them how to make a wise spending while they were young.

It is very important for parents to know their children's interests, because if children are interested in crypto trading from an early age.
It's an opportunity for parents to introduce them more deeply, because it's true that children don't have an interest in trading. So being
forced will also be in vain, in fact I also do not target my child to be introduced to trading at what age. I prefer if children are taught first
how to manage the money their parents give to them, so children can spend money wisely, because if children are able to manage money,
then they can be introduced to trading.

zaesvlas

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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.

molsewid

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Quote from: bhooscream on September 11, 2021, 05:48:51 PM

I don't introduce it based on age, but based on the interest of my child. When my child asks me about trading, then I will introduce it. But if my child doesn't ask me, I won't introduce it to him. I will try to be wise, not force my child to know trading because of my encouragement. I love my child and I care about his future. For me, the future of my child should be based on his own wish. As long as it is not a bad thing, will always support my child's dream.

This should be the top priority of a parent for his child and it is to know what's the interest of the child. There's nothing wrong of introducing or teaching a child about trading at a young age but as long as the child's interest were attracted by trading you can go ahead but if a child's interest is not on trading it would be hard also for a parent to make his child learn this thing. Maybe it is much better to teach them a proper discipline like train them how to make a wise spending while they were young.

bhooscream

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I don't introduce it based on age, but based on the interest of my child. When my child asks me about trading, then I will introduce it. But if my child doesn't ask me, I won't introduce it to him. I will try to be wise, not force my child to know trading because of my encouragement. I love my child and I care about his future. For me, the future of my child should be based on his own wish. As long as it is not a bad thing, will always support my child's dream.

Viscore

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Quote from: V-t.Ester on September 11, 2021, 04:18:57 PM

Trading it’s not a game for young children. However if my child will once came to me and will show interest to what I’m doing, I’ll show and tell everything I know about trades and crypto without hesitation and even let him try with my assistance, and it doesn't matter how many years old my child will be. The main is interest of my child. I’m not going to force him.

Well introducing trading to my child is still not the right time yet. Currently he is still in elementary level so i still want him to focus on his studies. But i know that time will really come that he will start asking of what i am into and maybe give him a short knowledge about it. If i see potentials in him to enter into trading in the future then maybe when the time his mind will be mature, i'll be able to teach him.

But if in time he finds another way much interesting and could give him good profits, then who am i to contradict him. I will only support him whatever it is as long as its not illegal.lol

TelolettOm

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If it is about introducing, maybe I will tell you about my activities and also about things cryptocurrency since he is in elementary school. But, it doesn't mean that I will encourage them to be involved in the crypto world. Not yet. They are not ready yet. Only a brief introduction.
And when they are in senior high school, maybe they have already know what is best for them. And if they are interested in it, why not? But we must tell them the risks to face probably

V-t.Ester

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Trading it’s not a game for young children. However if my child will once came to me and will show interest to what I’m doing, I’ll show and tell everything I know about trades and crypto without hesitation and even let him try with my assistance, and it doesn't matter how many years old my child will be. The main is interest of my child. I’m not going to force him.

LUCKMCFLY

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Quote from: kawetsriyanto on September 05, 2021, 06:59:40 PM

At least, my children should be in Senior high school and having a good enough mentality to be a trader. Trading isn't a place for children, it is a place for mature people. I won't let my children take big risks in trading at a too young age. Also, I will learn how the interest of my children in crypto, especially in trading firstly. If they have no interest in it, I won't introduce it. I will let my children choose their own future with their own decision.

It's a great way of thinking, for my part I will tell my kids to choose what they want to do. or what do they want to achieve? I will let you know all the directions you can take, and among those first I will teach you some culture and financial education, since no school teaches you about business and taxes, if you learn that I will show you everything you can achieve as traders or market speculators. , I will help them as much as I can and if they tell me that if they want to be traders, I will let them know that until they read at least 3 books by Jesse Livermore and Richard Wyckoff they do not start, this for them to create their own criteria before learning indicators and technical analysis tools.

jostorres

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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.

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Quote from: boyptc on September 04, 2021, 03:57:17 PM

Quote from: South Park on September 04, 2021, 03:40:43 PM

I think I would wait until they show an interest in the activity by themselves, it is easy for the parents to assume that just because they like something or because they are good at an activity then their kids are going to be interested in that as well, and this is not true as kids even at their young age have their own personalities and while trading could be completely natural for some of us this is not going to always hold true for your , so it is better to wait until they want to know more about the subject and then you can begin to show them how this is done.

Me too.

I'm open to teach them but I don't think that they'll ever understand a thing that I tell them when they're still a kid. Maybe during their teenage years, they'll understand most of it and they'll have an idea and open mind about it.

Correct, you can still teach them some economic concepts, for example I remember my father explaining the concept of inflation to me at a very young age and I remember those lessons fondly, however something as complex as trading will require the kid to be very knowledgeable about math as many strategies rely on probabilities and how many chances you have of actually winning a trade, and probabilities are a very deep subject that many people do not see until they attend college.

so98nn

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Though I am not married yet and kids stuff is far for me this is question worth discussing. I see many of the replies state that they would do it as early as possible and I think that’s really fair thing to do. I have myself always thought why I would have on-off with the crypto thing and why I did not got involved with it as earliest as I could have been. I won’t make this mistake with my children and will let them know about it as soon as they start learning maths and codes in the school time. You never know how they might turn out to be best crypto player in the future. Moreover, would also teach them about the bitcointalk forum and will ask them to work here and know more about the community. So yeah that’s gonna be fastest decision no doubt about it.

Botnake

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Quote from: Sweetbtc on September 07, 2021, 11:00:52 AM

I will introduce them from the age where they are mature enough and they should think about the future and I hope they will get it very quickly because according to today's technology everything is growing really well and the crypto is so advanced and today every one likes to invest in it like never before.

For me, as much as i want to introduce crypto trading as early as possible, but i know i cannot force my child if he likes to focus on some other stuffs for now because that will make his life happy and complete. But in the near future, when time he becomes more mature then i think introducing about crypto trading might be a good idea. I guess its a matter of right timing.

Crypto trading is definitely a good way to make your life profitable so i will always want to share it to my children so they can also start learning how to do it. But for now, i think they are still much engrossed with childhood stuffs so maybe i'l just wait for the right timing instead. After all, providing money is not yet their concern.

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Quote from: stomachgrowls on September 05, 2021, 06:25:42 PM

In short,dont let them get stressed on things that they should know because you do force them to do so which i do agree into your words and i would definitely be doing the same.
Teach them on the right time and they do still need to enjoy their life as a kid and need sufficient knowledge on understanding things because everything would be useless if
they dont have sufficient knowledge in mind specially with the very basics.

There would be always time for everything and just dont rush up and 8 years of age is just way too young for someone to engage or to know crypto specially in trading.

Your child is your child and others child are theirs, they could have different life style, different situations, different ideas, different feelings, different smarts. It depends on all of that, a kid living in a poor neighborhood of a big rich nation will learn more about money very quickly, if they are smart about it then it is all better as well.

Think about it this way, if you live in California and a poor person then your kid will learn about wealth a lot earlier, even from younger age because you are poor yet all around you there are very rich people. Whereas if you are in Africa and you are surrounded by poverty then kid may think that is the normal life and may not realize anything about money for a long time, if they do not have any good math then they will not even be able to understand it until they are adults. So, basically it depends on the situation, depending on the situation the age they learn it may change.

Sweetbtc

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I will introduce them from the age where they are mature enough and they should think about the future and I hope they will get it very quickly because according to today's technology everything is growing really well and the crypto is so advanced and today every one likes to invest in it like never before.

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Quote from: Cryptoababe on September 04, 2021, 05:42:43 PM

For me, i dont think im gonna introduce my child to trading because of the risk behind it.
I prefer to make my child understand how blockchain and bitcoins works. How Defi works and try to help them on how to be a developer.
But if my wanna trade and asked me for guidance. Then, i can.

First, its a different type of thread which is really interesting.I think trading is really good way of earning .If you count the world has a number of professional trader .However i also don't have much interest to teach trading to my child .I think its really a earning way but if you don't have much knowledge behind that you can loose and become addicted .That's why i just wanna introduce them how nice the Block chain technology is like you tell them to innovate some way on it .That's how they can earn much than trading .

awik p

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Quote from: lenovop-70 on September 06, 2021, 11:30:18 PM

When he know about responsibility ill start him to do trading, ill introduce the trading theory from junior high school age, and mentoring him to do trade when he is on high school, after that, he will make own account using his personal document and start to earn by himslef.
Thats what my plan, since my little boy still toddler now.

Better to teach him about money, about economics, from a traditional viewpoint, and then about new money and Bitcoin. Because he won't be getting this education at school, nor will he easily find it if he's not looking for it.

Trading, on the other hand, will be easy to find as there are zillions of manuals out there.

Teach them things that equip them for life, not for occupations. Let him find his passion first.

indeed to teach him in trading requires several steps. but I think preparing knowledge and trading psychology as a basis I think will be better. many traders are still trapped in their emotional trading, thus making us experience a panic sell for example. and to get good psychology, of course, age of maturity also affects, therefore we must recognize our children whether they have met the criteria to be taught trading in real

dustboy

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Quote from: floridafranks on September 06, 2021, 02:38:41 AM

I don't think age has anything to do with trading. I would allow kids to trade once they have obtained optimum knowledge about trading and markets.

You are right, age has nothing to do with trading but letting them trade just because they have knowledge is not a good reason. Knowledge is about theory (mostly), while trading is not only about theory. Many other things are involved, emotional control while dealing with complicated situation, time management, money management, etc.

You may allow your kids but you have to monitor them, or dont let them to do trade alone. You need to accompany them anytime they want to trade till you are sure when they can do it themselves wisely.

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Quote from: Renampun on September 06, 2021, 09:50:35 AM

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

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I think I will teach trading to my children when they have finished their studies and are really interested in trading...

if I teach my children trading while they are still on study it will interfere with their studies and it can make them lazy to study and more interested in making money.

Study first before anything else and this should really be the main priority on the first place and next will be on other things because when they do engage things specially on trading

this would really be a distraction thing on their education which would in result on affecting their school which it wouldnt really be that ideal.

Just let them be when the time comes that they are already interested or somehow do ask out.

lenovop-70

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When he know about responsibility ill start him to do trading, ill introduce the trading theory from junior high school age, and mentoring him to do trade when he is on high school, after that, he will make own account using his personal document and start to earn by himslef.
Thats what my plan, since my little boy still toddler now.

Renampun

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

...

I think I will teach trading to my children when they have finished their studies and are really interested in trading...

if I teach my children trading while they are still on study it will interfere with their studies and it can make them lazy to study and more interested in making money.

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