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Topic: Giving Bitcoin Starters - page 2. (Read 630 times)

legendary
Activity: 2828
Merit: 1497
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March 30, 2019, 03:02:05 PM
#31
Even though giving so much to him was a good an kind gesture. He is 15 and you said he first try out into how to use cryptocurrency was gambling a little of it? Well this is not good to teach him because he could become addicted or even worse lose it all and being at such a young age he might not be able to handle it and might even ask for more to try and win it back which never pans out in the end for any one trying to do it.
Plus 15 years old are not allow to gamble even on crypto casinos. If he actually wins a large amount and they ask him for kyc aml procedures to do a withdrawal I think that will be the end of his cryptocurrency journey.
member
Activity: 686
Merit: 15
March 30, 2019, 02:56:48 PM
#30
I won't give a starter 0.2BTC, he will blow it off. Except there are sure trading signals which professions will have to veto, or if he has been long into forex trading, otherwise some starters may get carried away by the market instability and their emotions will end up ruling them. Although humans defer, in Crypto game, experts are still careful.
hero member
Activity: 3136
Merit: 591
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March 30, 2019, 02:16:52 PM
#29
You are a generous brother, there are brothers that aren't even helping each other when they want to try out new things. 0.2 BTC is just too much for me, I'm willing to give my brother a try if he wanted to trade or gamble and it's going to be with a very small amount. But seems no interest coming from him, how I wish that I have a good brother like you so when I ask things you are very responsinve and generous enough to give it. I'm also thinking if your brother knows how to gamble now?
newbie
Activity: 97
Merit: 0
March 30, 2019, 02:01:47 PM
#28
Bitcoin travel has begun and he will become a professional with a lot of hard work and research.

I am happy to take things like this and do it well no matter how important it looks amazing and I like to learn the basics of trading and adopt it very well on the market.

beg a good sister to keep checking and guiding my beginner to fix it if I make a general mistake.  Smiley
hero member
Activity: 2352
Merit: 905
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March 30, 2019, 11:31:26 AM
#27
Since the market is still sleeping, i have to be patient and make something alternatively profitable like signature campaigns in order to not get bored. I have been active on campaigns since then and got plenty of bitcoins on hold.

Lately, my brother saw me browsing on bitcointalk then ask me a lot of things about this. After a couple of hours of question and answer, i hoprle he learned something from me. He wanted to try trading and engaging in bitcoin but he does not have anything. I ask him to read and familiarize bitcoin more and after that i would gave him some as a starter. After a couple of weeks, he tells me he's ready.

I lend him 0.2 BTC so that he can do trial and error in trading or even bet a little on gambling. I checked him yesterday and it seems that his doing good and earned even a little. I also noticed that he become more responsible mostly on financial things. I am planning to not take the .2 capital and just gave it to him since i saw that he's a hardworking person now.


By the way, he's just 15yrs old and im glad i teach him important things in that age.
0.2 bitcoin? Oh you are so good brother, that's roughly 800$ and to be fair too much for one week enlightened and especially 15 years old boy, I don't judge you, just personal opinion.
I think trading is a lot early for him because it's better to know basic economics and some math. Let him to learn value of money, this is the best thing you can do. Also don't let him to fall too much in trading. Hope he will be interested in blockchain technologies too.
sr. member
Activity: 840
Merit: 268
March 30, 2019, 11:28:32 AM
#26
Can we be brothers?so you can also give me 0.2bitcoin?
Haha this comment gave me so much laughter. Well, it's his decision to give his brother that kind of amount. And looking at his posts in this thread, I think that this guy is financially stabled.

Anyway, just don't teach your brother how to gamble. Teach him on how to trade but not to gamble. If he became a gambling addict then that's on you.
member
Activity: 361
Merit: 17
March 30, 2019, 11:15:28 AM
#25
Since the market is still sleeping, i have to be patient and make something alternatively profitable like signature campaigns in order to not get bored. I have been active on campaigns since then and got plenty of bitcoins on hold.

Lately, my brother saw me browsing on bitcointalk then ask me a lot of things about this. After a couple of hours of question and answer, i hoprle he learned something from me. He wanted to try trading and engaging in bitcoin but he does not have anything. I ask him to read and familiarize bitcoin more and after that i would gave him some as a starter. After a couple of weeks, he tells me he's ready.

I lend him 0.2 BTC so that he can do trial and error in trading or even bet a little on gambling. I checked him yesterday and it seems that his doing good and earned even a little. I also noticed that he become more responsible mostly on financial things. I am planning to not take the .2 capital and just gave it to him since i saw that he's a hardworking person now.


By the way, he's just 15yrs old and im glad i teach him important things in that age.
Wow I think it is a really good thing that you talk to him about crypto.
This could make him more responsible person and teach him how to manage his money the right way.
At least at an early age he is earning his own money and because of it he wouldn't spend it on something stupid because it is his hard earn money.
Well, it's cool. I find him an enthusiasm when he has inpired his younger brother- a very young boy. Probably young boy is quite lucky because clearly he has been in trouble with his interest, but luckily he has his older brother to solve the problem better. I believe that a majority of young people  in the world may have a big interest in this field. It may be a good news to them as well as crypto community. For young people, if they can get knowledge in terms of crypto, they will grab many opportunities in the future, also it can help them to create a foundation to lead a better. For crypto, this will pave the way for crypto to be more and more developed.
hero member
Activity: 1456
Merit: 579
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March 30, 2019, 10:43:42 AM
#24
i honestly don't know whether this was a good idea or a very bad one.
it is good to introduce other people to bitcoin specially someone close to you but considering the age of that person (15 in your case) and the volatility of the market and the fact that most people who get into it by starting to trade get too caught up into the hype and usually end up losing a lot of money, i don't think starting him off with $800 (0.2) was such a good idea.
full member
Activity: 546
Merit: 100
March 30, 2019, 10:28:44 AM
#23
That's good in his age of 15 he already understand about handling and how to multiply money. But I think he will need a proper guidance. He need to understand first what are do's and don'ts about bitcoin. And the first that he should know the proper time management specially in doning bitcoin business and study. And reading herebin bitcointalk is a great help for him to
full member
Activity: 546
Merit: 100
March 30, 2019, 10:26:08 AM
#22
Since the market is still sleeping, i have to be patient and make something alternatively profitable like signature campaigns in order to not get bored. I have been active on campaigns since then and got plenty of bitcoins on hold.

Lately, my brother saw me browsing on bitcointalk then ask me a lot of things about this. After a couple of hours of question and answer, i hoprle he learned something from me. He wanted to try trading and engaging in bitcoin but he does not have anything. I ask him to read and familiarize bitcoin more and after that i would gave him some as a starter. After a couple of weeks, he tells me he's ready.

I lend him 0.2 BTC so that he can do trial and error in trading or even bet a little on gambling. I checked him yesterday and it seems that his doing good and earned even a little. I also noticed that he become more responsible mostly on financial things. I am planning to not take the .2 capital and just gave it to him since i saw that he's a hardworking person now.


By the way, he's just 15yrs old and im glad i teach him important things in that age.

0.2 btc is too much for training for trade.
Also he's just 15 yrs old and still have a not stable emotions, he will get wiped out when the market go bull and down so fast, please guide him for any order he made for learning how to trade better Cheesy
sr. member
Activity: 994
Merit: 257
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March 30, 2019, 08:54:37 AM
#21
Since the market is still sleeping, i have to be patient and make something alternatively profitable like signature campaigns in order to not get bored. I have been active on campaigns since then and got plenty of bitcoins on hold.

Lately, my brother saw me browsing on bitcointalk then ask me a lot of things about this. After a couple of hours of question and answer, i hoprle he learned something from me. He wanted to try trading and engaging in bitcoin but he does not have anything. I ask him to read and familiarize bitcoin more and after that i would gave him some as a starter. After a couple of weeks, he tells me he's ready.

I lend him 0.2 BTC so that he can do trial and error in trading or even bet a little on gambling. I checked him yesterday and it seems that his doing good and earned even a little. I also noticed that he become more responsible mostly on financial things. I am planning to not take the .2 capital and just gave it to him since i saw that he's a hardworking person now.


By the way, he's just 15yrs old and im glad i teach him important things in that age.
Wow I think it is a really good thing that you talk to him about crypto.
This could make him more responsible person and teach him how to manage his money the right way.
At least at an early age he is earning his own money and because of it he wouldn't spend it on something stupid because it is his hard earn money.
hero member
Activity: 1582
Merit: 670
March 30, 2019, 06:59:38 AM
#20
Since the market is still sleeping, i have to be patient and make something alternatively profitable like signature campaigns in order to not get bored. I have been active on campaigns since then and got plenty of bitcoins on hold.

Lately, my brother saw me browsing on bitcointalk then ask me a lot of things about this. After a couple of hours of question and answer, i hoprle he learned something from me. He wanted to try trading and engaging in bitcoin but he does not have anything. I ask him to read and familiarize bitcoin more and after that i would gave him some as a starter. After a couple of weeks, he tells me he's ready.

I lend him 0.2 BTC so that he can do trial and error in trading or even bet a little on gambling. I checked him yesterday and it seems that his doing good and earned even a little. I also noticed that he become more responsible mostly on financial things. I am planning to not take the .2 capital and just gave it to him since i saw that he's a hardworking person now.


By the way, he's just 15yrs old and im glad i teach him important things in that age.


The subject here is not Bitcoin. But the issue is very important and sensitive. 0.2 Bitcoin or more is not very important, but it is very important for a 15-year-old to reach economic maturity.
sr. member
Activity: 826
Merit: 265
March 30, 2019, 06:43:02 AM
#19
Can we be brothers?so you can also give me 0.2bitcoin?

Do you know how much is the value of bitcoin wayback 2017?and you just risk for a starter ?

Man thats alot of thing for a beginner,for me you should have give him atleast .006 so he will value eversmall profit he might get.

But its your cryptocurrency anD not mine so you can do whatever you want,its just for me is a waste if he lose all ,anyway Goodluck to you and the 15 yesr old brother
hero member
Activity: 1050
Merit: 529
Student Coin
March 30, 2019, 06:22:43 AM
#18
By the way, he's just 15yrs old and im glad i teach him important things in that age.

At his age he is not matured enough to trade, but age is not a hindrance.
I don't see the logic that you are saying signature campaign is profitable when the current sig you are wearing you don't earn a lot, and you must have a lots of BTC in your wallet to give your brother a decent amount (BTC0.2) to start.

What I love about this forum is that I learned a lot of things, and when the market is bad, I'll find a job than rely on sig, sig does not provide good income to me, it only give a little and this is a good privilege for being active in the forum.
hero member
Activity: 2870
Merit: 574
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March 30, 2019, 04:55:27 AM
#17
You are giving him a chance to learn about bitcoin and gladly, he can understand from you teach him. I am glad to see how he is trying to trading, and you lend him 0.2 btc.

But always remind him to not being greedy because once he agreed, he will lose his chance to take the profit. Don't forget to give a suggestion or teaching him more lesson so he can get an additional lesson from you. I am sure that he can do his best and I look that he is a hard working person and he is responsible for the financial.

You decide to not take 0.2 btc from him. I agree that you are doing a good thing for your brother. Salute to you.
full member
Activity: 776
Merit: 101
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March 30, 2019, 04:51:32 AM
#16
the amount you lend to your brother is too big to learn to trade and is too risky, but it doesn't need to be feared. because previously some young people at the age of your brother were successful by trading bitcoin like "Eric Finman". Smiley
legendary
Activity: 3066
Merit: 1312
March 30, 2019, 04:48:26 AM
#15
Lend your brother some mbtc to start learning about bitcoin is a good decision, but lending him too much and let him to gamble are not good as your brother is still underage for gambling.
You should keep on monitoring his activity with the BTC you lend, 0.2btc is too much for 15 years old boy imho. No matter how good is he in learning but he may face the time when he make a mistake.
copper member
Activity: 336
Merit: 1
March 30, 2019, 04:07:38 AM
#14
It all boils down to mainstream adoption.
Like you have introduced your little brother, same way he would introduce another and the circle keeps going on and on.
Please do make him understand that the market is not always stable and get him acquainted with the intricacies of trading .
mk4
legendary
Activity: 2870
Merit: 3873
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March 30, 2019, 04:00:41 AM
#13
I think hes more mature than other 15 year olds out there and besides, i believe that experience will teach you more lesson than school. Its okay if he will lose it all and tell him thats its part of the game but so far i guess he's doing good. Experiencing cryptocurrency at a young age is great that i wish i could learn that too on my younger days. He's my brother after all and i will guide him until last.

Well. Good for you for being financially stable enough to not care much about 0.2 BTC. If you don't mind asking, where did he currently earn most of his profit? On trading? Or gambling?
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
March 30, 2019, 03:53:20 AM
#12
unfortunately (based on your comment) it seems like you have misled your brother!
bitcoin is not a way to earn money. bitcoin IS money.

and you should never tell others otherwise just because you can make profit from it. bitcoin is meant to be a decentralized currency that has a lot of other benefits when you look at it correctly. the "profit" is the side product of all that benefit.
besides based on my experience people who get in bitcoin because of that monetary profit will always lose money eventually and then blame the person who told them they could become rich with bitcoin!
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