Topic: How useful is Bitcoin to the youth? - page 3. (Read 1316 times)

The younger generation is often fixated on money. Whenever there is an opportunity to earn some, they seize it without wasting a chance.

Smart youngsters take the initiative to gather detailed information about Bitcoin comprehensively. They delve into topics like blockchain technology, its weaknesses, benefits, market analysis, and more.

It's alright if many young people are drawn by the potential for financial gain. However, among those who are enticed by the money-making prospects, there are certainly some who also contemplate the sustainability and advancement of Bitcoin, ensuring its continued existence.

Yeah, I think that's the key, but also that's a problem for the next generation because they tend to have a very short attention span, and they want to get rich overnight.

That's partly why the altcoins are so common these days, they promise getting rich quickly, and people just lose their money with them.

Bitcoin is for the long term, so only the people that can hold for a long time will ever see the benefits. Newer generations are too focused on the present.

Bitcoin is a famous coin and as compared to the old age people the youth accepted bitcoin more and I think that in previous years when we was not born so at that time the people always selected those jobs which are governance base but now people prefer crypto and online jobs because finding government job is difficult.

People put money into bitcoin without investigate anything about it so therefore they are unable to take a good step towards a success. Majority of youth are involved in bitcoin investment and lots of them are getting a passive income through their investment this suggests that every technology that arises are more powerful than the previous one.

Basically when ever Bitcoin start most of people ignore him because they taught it's waste of time while the real hero is fiat (Dollar, Euro, Pound etc.), But in reality it's foolish ever step of them because the owner of Bitcoin stasohi know the situation in future, he know how the inflation will devalue each and every important assests, so by putting such problem in mind he create a coin which is anti inflation, so it will be better for all youth to adopt it as soon as possible because in future whenever fiat got devalued the only possible solution to store and hold your wealth values will be Bitcoin..

Bitcoin has really played major role in the life of young people,  their are so many benefits that can be derived from bitcoin but let just look into the investment and trading benefit of trading how it has been helpful to the youth. Though investment and trading don't get people rich quick but the profit people gain in investing and trading bitcoin has been really helpful,  bitcoin has really helped so many to get stable financially no doubt about it, stability financially is one of the benefits of bitcoin.  Their other opportunities in bitcoin.

There is no guarantee that simply putting money and investing in bitcoin will automatically generate profits, when giving advice to someone, we should also talk about the risks they take when investing.  bitcoin offers more returns than stocks and real estate, but the risk of losing money is also much higher. Whether young or old, bitcoin will be useful if they understand it and invest in the right way, it will always bring benefits. and if they don't have knowledge plus greed, it won't help them, but on the contrary, it will hurt them.

Bitcoin is a digital currency and there is no banking problem in this transaction and there is not much authorization problem and on the other hand if we want to make international payment through bank credit card or debit card we have to do dollar endorsement which is very troublesome.  So in this case Bitcoin allows us to do high volume transactions without any banking hassles and that's why Bitcoin is very popular among the youth. and while there are risks, young people like it more because the benefits are higher

Everyone knows about Bitcoin these days especially young people but I'm not sure about how many young people know how to use it but they might have an idea about it so maybe not now but in the future everyone will definitely know how to use it so it will be definitely useful for the young people in my opinion and also everything is digitalized now mostly so they have high chance of using Bitcoin often so it will be useful for youngsters.

Such a simple question but with a hell lot of importance. Because BTC has provided the ones who lack to achieve great marks, success in the job sector, and a second chance to make a living and live an independent and financial freedom life. Or i would say out of the matrix. Stats, graphs, and history has made it clear that BTC made poor people millionaire.
You can read many stories about "How Btc made people millionaires" for example the following ones:

• 5 People Who Became Rich Because of Bitcoin, And Their Stories.
• 12 Bitcoin Success Stories: Meet Bitcoin Millionaires

i think these stories are enough to motivate youth to make legitimate money out of BTC by sitting at home or anywhere in the world. Instead, it attracts most of the job holders and encouraged them to leave their jobs so that they could give their full time to BTC and Financial activities related to it. i have read a few threads on this forum about how people intend to leave their jobs for BTC trading or crypto trading. Why Do they want to do that? because they are making enough money or like more money than their traditional work/job, that they now want to get out of that matrix and earn a life of an independent Eagle. (i hope you got my point).

Bitcoin will be a good alternative to support the financial needs of easy people who do not have the support of anyone or parents to pay for it.
But of course, for those who already understand how to use it, it will be easy to do but still with the same risk.
Trading will give them enough profit to pay for their tuition.

Investing in Bitcoin provides faster returns than the stock market, or real estate.
But it is also worth the risk of investing in bitcoin.
But some investments such as real estate are also good investments and Bitcoin supports other investments.

For youngsters or something we could say that millenials and z-generation would really be able to get or learn up things specially if its attached to technology unlike into those who had been born into those long
past years on which they are really that close minded into those traditional ways of dealing up on things. Speaking about youth then it wont really be that much of a hard thing on explaining it to them because
even just telling with the basics would really be that enough for them to mold up that kind of curiosity which would might lead into deep research and possible interest that might happen.

It would be all depending or basing up on the exposure and awareness that crypto people would be spreading out.If they wont really be able to read up or been aware then there's no point or no way
for them to know its existence. This is why proper exposure and kind of dealing would be something that much really be needed. Recognition is gradually increasing year by year
on which it would really be just that normal that numbers whether youth or those old ones would really be tending to engage on.

      Bitcoin  is very  useful to the youth because it makes them jobful ,keeps  them busy. Youth are smart ,sharp reasoning,fast learners and thinking people,they are always eager to know more mainly when it has to do with making more money.Youth terms to create,innovate and proffer solutions to problems and these is what Bitcoin needs from persons involved.
Bitcoin is now a major source  of employment for those  that are interested and hardworking not for the lazy.
      Bitcoin engage the youth and free them from crimes, atrocities and poverty. Since Bitcoin Mets their demands in terms of  cash ,so they are happy the way it operates and with the interest of the youth into Bitcoin now,i think Bitcoin will achieve its aim and objectives .

Youth are interested in Bitcoin because currently Bitcoin is becoming a very popular phenomenon throughout the world. If you ask why Youth is so interested in starting a business in Crypto assets or generating income from Bitcoin investments, the answers are very diverse.

Youth live in an era of digital technology that is familiar to them or an era of digital technology that has become part of their life. Their ability to operate digital technology makes it easier for them to master increasingly developing technology, of course continue to do it in their own way. Youth's proximity to the internet makes it easier for them to get information including how to do business, especially crypto assets, the information they get which is developed by their own research makes them understand better that Bitcoin investment has bright prospects and produces results in the short and long term.

In addition, investing in Bitcoin is very easy to do and does not require large capital to start investing for those who are just starting out. It needs attention and guidance from various parties who already understand how to manage the risks of investing in Bitcoin so that more Youth will be interested in Bitcoin because the prospects for Bitcoin in the future are very bright and promising.

Young people are often interested in Bitcoin and other cryptocurrencies, mainly because of their convenient nature and ability to rapidly increase in price. However, there are other benefits that Bitcoin and other cryptocurrencies offer to young people. One of the most immediate benefits of Bitcoin is its ability to transfer money quickly and with minimal fees compared to traditional remittance methods.

However, young people also need to be well informed about how Bitcoin and other cryptocurrencies work, as well as the possible risks when investing in this market. Therefore, professional education and consulting activities are needed to ensure that young people are entering the cryptocurrency market with sufficient knowledge and experience.

Very useful if the youths know how to use it, I know some students in a university that have no supporters, some have no parents and bitcoin is what they have been using to keep themselves in school, they learn trading and few other things that net them good amount of money per month, they are able to even invest in crypto with extra money.

If people in a very hard tight spot can still be able to provide for themselves then definitely anybody can do it, I keep telling people to invest in Bitcoin like the stock market and real estate because the difference is not that much and Bitcoin brings in more profit than stock and real estate.

Also on a young age, I became responsible to what I invest in cryptocurrencies not only Bitcoin. I've gained different experience in Bitcoin in terms of trading, mining, some online gambling and nfts. These experience contains risk to take, some are success and some are loses that's why I became more caution when taking some risk like doing deeper research. It also become my financial awareness, Because of its rise in popularity it encouraged me ( not only me but also other young people ) to educate ourselves about the intricacies of money, investment, and monetary policies.   

Bitcoin has created part time and full time job, if you know what your doing with Bitcoin in the cryptocurrency industries, because they are a lot of things to do enable to  get paid or have a rewards with Bitcoin and other alt-coins, which trading and investment is the major once, can get assure at any given time, all it requires is knowledge and information about Bitcoin investment and trading as well.
Hence, they are many other way the youth can also invent to, like mining, online gaming, bounty campaign, airdrop and so many more, to participate and get rewards.

How useful is investment/savings to the youth?
This is exactly what your question is, for me it is good to start your career as early as possible, make mistakes as early as possible too in order to learn from them.
People just need to get interested in something in order to dig deeper, and that is how most of the young crypto earners starts their journey because of their interest in it.

       I do pay respect of your opinion and really agreed. Young generation may join any kind of business that want or appeal but  as we know well that in the current era, digital marketing is much popular than other market business. Station based business grow only when we use all of our resources physically and capital on move as well but on the world of internet you may overcome in short. Bitcoin is very sample and easy so that even a student can start small trading with this.

       If youth is really interested to do so, than in a short period of time, they can get the experience of digital marketing but the only thing to be noticed here is that you have to devote your enthusiasm and all your talents whole heartedly to learn this job. When you understand these things, the youth will than must change their track to Bitcoin trading.

Bitcoin is an asset, just like real estate for example, so in a way it's just investing.

The thing is that it's open to absolutely the whole world, without intermediaries, and almost no fees. I think that's a big difference compared to other investments.

Younger people probably will feel better investing in Bitcoin than in other things like real estate that might require a more hands-on approach.