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Topic: How cryptocurrency trading have helped the youth. - page 3. (Read 884 times)

member
Activity: 714
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★Bitvest.io★ Play Plinko or Invest!
In many aspect and perspective, bitcoin cryptocurrency  trading in general has become a real and sure source of income for many youths that have belive in cryptocurrencies, as many countries economic situations are not in standard, youths instead of sitting down jobless and useless now have a way out to trade. Cryptocurrency trading has change the life of so many youths.
full member
Activity: 910
Merit: 101
If young people just start using crypto during a pandemic, I don't think they will succeed during a pandemic.
Crypto takes time to learn and requires mental stability, because they are not ready to lose the money that has been invested. Given the pandemic that has created fewer jobs and increased unemployment, I don't think they are mentally prepared to invest.
hero member
Activity: 2870
Merit: 556
The crypto world has touched all generations like as trading. even today trading can be said to be something that is being loved by young people. actually it's good if more people get to know the crypto world and it would be great if they could use it well to make a profit. trading is suitable for the younger generation where their souls are at their best to start something new and challenging. an unyielding spirit must also be the main thing in trading so that you can follow the trade well.
Not all generations but many people because some of them are still not aware or know about crypto. But I admit that now, many young people are learning to trade because they see what their friends did and follow them. If they can learn the lesson until they master the lesson, that will help them have revenue so they do not have to search for a job instead of continuing to trade and earn more money for their daily living.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
The crypto world has touched all generations like as trading. even today trading can be said to be something that is being loved by young people. actually it's good if more people get to know the crypto world and it would be great if they could use it well to make a profit. trading is suitable for the younger generation where their souls are at their best to start something new and challenging. an unyielding spirit must also be the main thing in trading so that you can follow the trade well.
The crypto world today maybe a world of the millenials too because they are more familiar with economic instability and is comfortable with technology so they are more likely to give their best in crypto particularly with crypto trading. And since they are more willing to take the risk so there will be high chances that they can gain financial independence at an early stage. If they continue to be more knowledgeable and skilled in crypto trading which is their passion too, then they will surely end up being independent because they are now capable of earning profits even without the assistance of the old people.

Millennials easily adopt with the current technology as compare to old people that's why we can see many young guys are participating unto this new innovation but what also good thing that those young boys around influence the Gen X to participate on cryptocurrency.

And also we see a good boost of new entrants especially on pandemic and this really help a lot by those people who do a research since for sure they are good with it by now, but its also destructive for people who's lazy searching a helpful information for them to avoid being rugged by scam tokens also with ponzi schemes.
hero member
Activity: 2996
Merit: 604
The crypto world has touched all generations like as trading. even today trading can be said to be something that is being loved by young people. actually it's good if more people get to know the crypto world and it would be great if they could use it well to make a profit. trading is suitable for the younger generation where their souls are at their best to start something new and challenging. an unyielding spirit must also be the main thing in trading so that you can follow the trade well.
The crypto world today maybe a world of the millenials too because they are more familiar with economic instability and is comfortable with technology so they are more likely to give their best in crypto particularly with crypto trading. And since they are more willing to take the risk so there will be high chances that they can gain financial independence at an early stage. If they continue to be more knowledgeable and skilled in crypto trading which is their passion too, then they will surely end up being independent because they are now capable of earning profits even without the assistance of the old people.
hero member
Activity: 2828
Merit: 666
Crypto trading gave youth hope that in this world that's full of uncertainty, they will still be able to live and continue to be part of this society because now that they have financial independence, they will be able to make things much easier since they're able to not worry about finances since they have some to be able to get by.
With crypto, the youth in this new generation have definitely an edge over the old generation because most of them today are already inclined to high technologies which if they chose to invest in crypto, it will be more easier for them because all the information can be found already in the internet. And if they can start crypto trading, of course with enough preparation, then they will start to earn huge amount of profits and definitely start to diversify it through different assets and investments. An an early age, i know they are more able to achieve their goals and build a bright future from their huge amount of finances.
sr. member
Activity: 1414
Merit: 435
duelbits.com
The crypto world has touched all generations like as trading. even today trading can be said to be something that is being loved by young people. actually it's good if more people get to know the crypto world and it would be great if they could use it well to make a profit. trading is suitable for the younger generation where their souls are at their best to start something new and challenging. an unyielding spirit must also be the main thing in trading so that you can follow the trade well.
full member
Activity: 868
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I think this is only for some young people who have been using Crypto for a long time and apart from being a bounty participant they are also active in trading. For those who are new to Crypto during the pandemic, I am not sure if they have made a lot of trades or they lost money due to lack of trading skills. There are so many young people who became unemployed during the pandemic and turned to Crypto trading and soon they became newbies. Like some experience, novice traders always have bad things in trading due to lack of skills and experience.
member
Activity: 1062
Merit: 75
Yes, exactly. It is not an easy thing to make profit in cryptocurrency. In addition to having skills in trading, patience and perseverance to always see market conditions are also major factors. Some of them leave crypto because they don't have enough concentration power to learn and don't do risk management. So the result of not having good skills leads to instinctual decisions and a bit of analysis.
Yes but most of the cryptocurrency traders I know leave trading due to big loss and also to prevent addiction because crypto trading is categorized as gambling and once a trader is addicted to it he will always watch the market price every minute of the day. Besides, I have seen a lot of trading on the street walking and checking the chart.
hero member
Activity: 2884
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BTC to the MOON in 2019
Youths that are good in trading crypto currency and those that are ready to learn and make a positive impact on their life. Trading crypto currency is a lucrative business which if you have the knowledge you will make a good leaving out of it at the end of the day.
Crypto trading has been considered already a good source of living for some although its a high risk and one should learn how to manage the risk before engaging into trading. But i know the youths of today are even more motivated than those who grown up in 1990's because they are already tech savvy and that would create an advantage on crypto. And with the rising economic crisis due to this pandemic, crypto trading has become a good outlet to earn a living not just for the youth but even to the middle aged who knows how to trade.
full member
Activity: 1456
Merit: 148
In recent year, people are facing tremendous problems in getting their jobs. So the cryptocurrency trading helps the people in getting income and cash by performing an easy tasks. Trading makes the lives of individual very easy because it is an online way of getting money. There is no need of going outside. You can do it anywhere and any time.
But trading is not as easy as it is.  There is no easy tasks in there because all should be done with focus and motivation to trade successfully. And if you don't have trading skills and strategies that will make trading profitable, then i must say that you won't last long in this type of industry. Although everything can be learned and developed, but its always an edge if you already have the guts to make you more motivated in crypto.
Well, it all depends on type of trading you are referring to as for me, buying Bitcoin and hold for a while is the most simplest form of trading in crypto currency. Am sure you will agree with me that who ever bought Bitcoin and hold will always be in profit except for those who sell at lost as a result of panic. What people don't know is that panic time great an opportunity to buy more at a lower market price and wait for the time to take profit on your investment.
hero member
Activity: 2814
Merit: 576
In recent year, people are facing tremendous problems in getting their jobs. So the cryptocurrency trading helps the people in getting income and cash by performing an easy tasks. Trading makes the lives of individual very easy because it is an online way of getting money. There is no need of going outside. You can do it anywhere and any time.
But trading is not as easy as it is.  There is no easy tasks in there because all should be done with focus and motivation to trade successfully. And if you don't have trading skills and strategies that will make trading profitable, then i must say that you won't last long in this type of industry. Although everything can be learned and developed, but its always an edge if you already have the guts to make you more motivated in crypto.
full member
Activity: 1456
Merit: 148
Youths that are good in trading crypto currency and those that are ready to learn and make a positive impact on their life. Trading crypto currency is a lucrative business which if you have the knowledge you will make a good leaving out of it at the end of the day.
full member
Activity: 983
Merit: 100
~Snipped
Trading cryptocurrencies: Trading cryptocurrencies is one of the simplest and most popular ways to make money with cryptocurrencies. It is the process of purchasing and selling coins, such as when the price is low and waiting for the price to rise before selling. Binance, kucoin, hotbit, coinbase, and eToro are just a few of the cryptocurrency exchanges where you can trade.

I just wanted to point out the fact that trading cryptocurrencies isn't an "easy" skill to learn. It's one skill that takes an incredible amount of grit, effort and determination to get skilled in and that's why only a small percentage of traders are profitable traders. Just buying coins off exchanges doesn't equate to trading. I think that's inclined to investing rather than trading. But it ultimately depends on the time period ~ long or short term.
I think the OP doesn't understand that trading is one of the hard ways of earning in cryptocurrency, it always not profit as he believes it was and is also time consuming. However, it is better to develop a digital skill and get pay in crypto because about 70% of crypto traders quit at some point due to loss.
Yes, exactly. It is not an easy thing to make profit in cryptocurrency. In addition to having skills in trading, patience and perseverance to always see market conditions are also major factors. Some of them leave crypto because they don't have enough concentration power to learn and don't do risk management. So the result of not having good skills leads to instinctual decisions and a bit of analysis.
hero member
Activity: 1344
Merit: 502
In recent year, people are facing tremendous problems in getting their jobs. So the cryptocurrency trading helps the people in getting income and cash by performing an easy tasks. Trading makes the lives of individual very easy because it is an online way of getting money. There is no need of going outside. You can do it anywhere and any time.
sr. member
Activity: 1232
Merit: 379
Crypto has been phenomenal to the young people of this generation.Cyrpto is an avenue to turn to,when it seems all hope is lost in finance.It has really helped people solve their life challenges,made so many amassed wealth and given so many hope for the future.
When I started it,it was like a hard nut to crack,but when I persevered,I found out that nothing is hard as long as you have the determination to do it.I made my move,and I cannot regret today of ever moving,it was a big step for me to join crypto traders and it has really helped me a lot.
full member
Activity: 966
Merit: 102
I think that a guide and a mentor must be present throughout the journey of the youth in exploring cryptocurrency trading. It cannot be denied that negative situations are possible to happen, but with the right knowledge, guidance and supervision, I think that it can be beneficial than damaging to the youth.
Those who are serious in making money will succeed in trading even they are young. I have known people who are young,starts young who invested in bitcoin even before it gets popular. Their using their school allowance , it will be based on their experience in life on how they will strive. No matter how many motivation books, stpries of success they read if they will not strive to work and learn on it and have no goal to learn how they can make it well for them then crypto is not for them. It's better to teach them young and let them see how they can handle it in small amount so they will know how to do it correctly when they already have a big amount to deal with.

Well said. I think that life experiences really push people, even at a young age, to strive more in life and make wise decisions to have a better future. In this context, the youth can really make money out of cryptocurrency trading.
hero member
Activity: 2030
Merit: 549
Leading Crypto Sports Betting & Casino Platform
Those who are serious in making money will succeed in trading even they are young. I have known people who are young, starts young who invested in bitcoin even before it gets popular.
Exactly.
Sometimes, age will not determine how we are doing something. Although yes we also know that the youth will be more emotional than the adult commonly. However, if those who are serious to learn about crypto, start trading, and not only because of hype, they will be able to do it very well. Why? Because they are commonly having the great spirit to be more and more successful, like others. And they love money so much.
Commonly they will be seriously learning and doing some trial and error.
But once more, it will also depend on its individual.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
I think that a guide and a mentor must be present throughout the journey of the youth in exploring cryptocurrency trading.

honestly speaking where does one find an honest guide and mentor these days? most of the people I see want to make money at the expense of deceiving others with mentoring and courses. pretending to be a mentor has become a profitable business for many people. I would tell people to look for books and videos and forget about mentor

It cannot be denied that negative situations are possible to happen, but with the right knowledge, guidance and supervision, I think that it can be beneficial than damaging to the youth.

the negative situations will have many if the person enters some scammers as a mentor, the rest is something normal to lose money on some trade
hero member
Activity: 2562
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Dimon6969
I think that a guide and a mentor must be present throughout the journey of the youth in exploring cryptocurrency trading. It cannot be denied that negative situations are possible to happen, but with the right knowledge, guidance and supervision, I think that it can be beneficial than damaging to the youth.
Those who are serious in making money will succeed in trading even they are young. I have known people who are young,starts young who invested in bitcoin even before it gets popular. Their using their school allowance , it will be based on their experience in life on how they will strive. No matter how many motivation books, stpries of success they read if they will not strive to work and learn on it and have no goal to learn how they can make it well for them then crypto is not for them. It's better to teach them young and let them see how they can handle it in small amount so they will know how to do it correctly when they already have a big amount to deal with.
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