Topic: Exposure to bitcoin at young age - page 6. (Read 985 times)

In some local sources I've read, young age is between 18-27 years old. I think this is a pretty capable age to know Bitcoin. This age condition is ideal for starting to learn about Bitcoin and even starting to carry out investment activities. Because in this condition they have entered a condition capable of thinking better.

Young people tend to have stronger, healthier bodies, rarely get diseases. So this opportunity is good enough to work in investment to meet the needs of yourself and your family. Those who are directed in the correct bitcoin exposure then I am sure they have an advantage in understanding Bitcoin.

indeed cryptocurrency does not look at age, as long as they are able to get to know it, then they will be successful. From crypto it gave birth to many stories, where there was a young man who made fantastic profits, at that time in my country, he was holding Doge coins and in the end Doge exploded, and he suddenly became rich, until it was widely reported on television stations, but from his fame it became target for tax officials

I agree, it would depend on how young we are talking.
If we are talking about young age that could grasp the idea or know the importance of money then it would be great for them, but for those who doesn't really care about it, then it would just be a waste of time.
Honestly when I started my crypto journey I met some young ones, teenager to be exact, those teenagers are still in school at the time but they are earning their own money in crypto and helping their parents financially through it.

There is a saying that says "Catch them Young" It is very important to note that young ones are fast and quick to learn ,aside from learning, introducing them to investment that leads to everlasting cash like bitcoin to secure their future financially is very important, in therefore introducing the young ones to Bitcoin is very necessary, making them not to be financially dependent on their parents or Care giver. It also keeps them busy always not involving in crimes and criminal attitudes, makes them useful and responsible to themselves and the society at large,gives them a better opportunity in life, the age to be taught should not  be that too young from 18years is good, because at this age you can be able to make bank transactions better and also understand properly what is Bitcoin and how it works including the investment aspect
 Education is a very important tool in life that makes an individual or a nation grows rapidly and so nobody should be prevented from it irrespective of the age .

How young exactly?

For a 5y old no way I'm gonna talk about blockchain fundamentals. For a 14 years old, it's a different story. Learning early on from a trustworthy source instead of finfluencers and scammers could be game-changing actually.

Too young child?
Maybe the limits on the child still don't understand anything, but when the child grows older and understands how to distinguish anything,
I will start introducing the child to Bitcoin and crypto.

In general, it is not a negative thing, it is just an introduction and not for making investments.
Tell them what the bitcoin logo is and how they call it so that the kids will remember that they were taught about bitcoin.

Unlike teaching adults, the methods for teaching children will certainly be different.
This is not a heavy lesson that will force them to think, they just simply know where the Bitcoin logo is and how to pronounce it and what color it is etc.

 I don't even agree with a minor who still doesn't understand investing, being given initial investment capital.
It's still not time and when they deserve it they will accept it, there is a process to go through.

Today's generation of young people are also smarter, and they already know what they are going to do.
Cryptocurrency, especially bitcoin, is a digital currency that is quite popular among teenagers,
moreover it will generate profits for them if they can manage it well.

Long as they don't become insufferable crypto bros in the future lol.

Kiddings aside, I think exposing children in the concept of money and economy first and foremost is a good step towards teaching your kids on how crypto works, they have to know why cryptocurrencies work first, or how important and valuable earning one is, and they won't be able to do this without learning how economy works in the first place. They need to learn a couple things about economy and money, how it's made (created not manufactured), how to make more of it, how to make your money work for you, among other things.

When they're able to learn all about these shit, you can segue into teaching them about crypto, how it's mined, created, how to trade, and then divert into bitcoin and why it's the first and best (arguably) crypto on the market right now, and of course don't end the lesson without giving them a few bitcoins at the end. Start them young per se.

Seeking for knowledge at young age is better in all aspect so that they can understand the basic aspect of everything before old age; and fresh brain is good and always accumulate more than a used brain that is choked up with unnecessary things.

When you learn about Bitcoin early, you will get to understand the basics and the technical aspect of Bitcoin, you will know what exactly Bitcoin is all about.

At young age, if you invest in Bitcoin, you will automatically hold for long period of time which means you will have the advantage of gaining much profit in the investment because you when you are young, you don’t have responsibilities than when you are getting old.

First of all I think you missed something when you only considered young guys as if it is only the guys that should invest in Bitcoin.
Bitcoin investment is for every body who is willing and able to invest in it, the investment is a personal thing and it takes a person with personal determination and interest to invest otherwise I don't think it's necessary to force it on anyone be it male or female.

Personally, if all the guys around me are interested in learning more about Bitcoin, I will gladly educate them but even when they understand what the investment is all about, I will allow them to decide if they want to invest or not, do not force anyone to invest in Bitcoin when they are not physically, financially and mentally ready to invest other wise you will be seen as a bad person who made them to waste money into something they know nothing about.

When it comes to Bitcoin investment early time is the best because is not encouraging if someone has grown too old before he or she could start investing on Bitcoin when we no that to be profitable on Bitcoin, holding is very important so if perhaps the investor is someone who have gotten to 60 years plus on there age holding for long term may not actually be his investment pattern unless his intentions is to invest for the future of his children or grandchildren, so that's why when we talk about exposure of Bitcoin on the young age or the old age we should always consider this factors, so for me in as much as most young people may not actually be too discipline on there Bitcoin investment doesn't mean that is not a good time for them to be exposed into Bitcoin.

So actually the truth is that as long as the person has an interest to venture into Bitcoin investment age shouldn't be a determining factor, though I no your angle of direction because you feel that the young ones could be very aggressive in terms of there investment or possibly looking for an easy way of making money were as putting there investment into risk, however one thing you must know is that not all the young ones can be that aggressive on there investment and I think is actually based on the individual because there are so many young people that are doing very well on there Bitcoin investment, so actually being exposed to Bitcoin during the young age is the best time.

When I was young, my Dad did not let me to touch money too early. He bought things for me and nearly never give me money to buy stuffs by myself. He told me that it's hard to control what kid does with money. I think you have similar thinking like this, and I agree with my Dad too.

With the youth, they only need to focus on learning to gain knowledge and to join outdoors activities, etc. to learn and practice soft skills. Expose with money too early can direct them to uncontrollable ways.

They have a long life to learn, work and invest so we as parents, don't need to boost them into this headached journey too early.

You need to decide what you, OP, call a young age. As a parent, I will say that I would not burden children under the age of fourteen with knowledge about Bitcoin. However, even at an earlier age, I explain to them that money does not need to be spent swiftly once they receive it as "pocket money." There are many temptations to buy something, but not everything requires an urgent purchase. For teenage children, I would suggest slowly practicing learning about Bitcoin, its wallets, saving the seed phrase, and maybe some transactions committed within the family.

But until a young man can earn his own money, I don’t see the need to oblige him to invest at the expense of his parent’s money.

However, after some time (since this question had already been asked before), I changed my mind and decided that children do not need to be taught financial literacy. Some steps to become familiar with both fiat and crypto can be taken using gaming methods.

While i was growing up,there's this children helpline forum/organization whose motto is "Catch them young."First of all,I wouldn't introduce bitcoin to the kids as a currency,I'll introduce it as a form of financial practice or learning that'll improve and build thier knowledge about finances.

Majorly,schools don't teach us about money and finances,and if you rely on whatever schools has teaches you not to make mistakes,then you won't be successful.
Its more like the same learning process,teach them the basics while they're still small and encourage them to practices them as they grow older.Teach them the roadblocks that are associated with bitcoin such as savings,investing,real estates,debts,loans e.t.c Its just makes them prepared,organized and available.Financial freedom in this century is a necessity,so ensure to inculcate the right values that are important for building long lasting wealths.

we must keep teaching the younger generation or the GEN-Z  about bitcoin and of course other legit cryptocurrencies because this is what their future currency stand , bitcoin and some altcoins will be the currency and the tools they will inherit from us to use in the future, our generation might having  a second thoughts about crypto but their generation ? will  be the way for mass adoption.

I think it is very important to provide understanding about finance to the younger generation. In fact, if you can do it from an early age, it will help them organize a better life in the future.
Moreover, it teaches cryptocurrency which is financial freedom which was created for a better financial future.
We can also see that teaching in schools today still uses very conventional fiat, whose motto is only "save for the rich" but they don't teach how inflation can erode their money stored in the bank.

making early investment is one of the best decision any young person should make plans for and if you're able to start investing at an early age, you've made great plans for your early retirement.

If you're fortunate to have had the knowledge on Bitcoin while you're still young and you have the financial resource that will enable you invest into it, what stops you from doing so? One of the mistake most young people do make most of the time if to assume that they always have enough time to prepare for thier future. There is absolutely nothing wrong with investing into bitcoin even though you're just 16 years of age. It could be as simple as starting with a smaller amount and then increasing it along the way. The use of the DCA methord has provided a medium through which regardless of your financial capacity, you can start investing little by Little. And before you even know, you've invested up to an incredible amount you've never imagined to have gotten to within a short range of time.

If we want a world that treats cryptocurrency as a mainstream currency then we should just let children be exposed to it. Schools teach kids about fiat with no fear that they might misuse it simply because fiat is just a basic part of life that it feels natural to teach kids about it.

Later on when they are older they can then learn more and decide whether they want to invest in crypto or not. Or maybe they have other plans of uses for it.

If we don't get it at a young age, we should not pass up this opportunity to the young people around us, especially our families.
I am also one of those people who regrets because I didn't care about investing when I was young and I even didn't believe in Bitcoin, but in the end there were a lot of regrets that ended up being a valuable lesson for me.
And because of what I have experienced in the past, I try to educate many young people around me not to feel what I have felt, that is a good thing I think even though it is difficult to convince young people.

If they care, they will continue to look for info, otherwise any information about BTC will only be considered a normal info and not interesting.

Exposure to bitcoin at young age is of course a must. I believe that young people today are very different from today's era. those who are young will now learn more things and new things especially when it comes to digital investments, especially BTC. I have a nephew who is going through high school and wants to learn a lot about how to make money investing BTC.

Well, from some of the questions he asked is quite interesting and see from understanding of crypto is quite good to, it's just that he hasn't started investing yet.

Well that’s the purpose of teaching them right?

Not everyone who invest into bitcoin immediately perfects it and gains lots of profit. A lot of us had to study on our own and see where we went wrong and what else we can improve. So of course that is how it should also be taught to children. As children, they won’t have the ability to invest yet so I don’t see any problem with teaching them if you are scared that they are not yet responsible enough.

Don’t expect children to be patient and responsible already that is why we want to teach them in the first place.