Many youths, really don't understand how the Bitcoin system works due to lack of information or non willingness to understand. Most of them,see Bitcoin as a get rich quick program and when ever they hear someone who is a holder of Bitcoin, all that comes to their mind is that he is a millionaire. This is not so true
An experience from yesterday, when I was discussing with a co worker and when I told him I was into Bitcoin trading his reply was so straight forward that I was putting up a lie. And if I really was into Bitcoin, I wouldn't be not be working. His own idea about Bitcoin is actually wrong. Having Bitcoin doesn't actually mean that you shouldn't go to work it can act as a secondary source of income for you.
So what I'm trying to say is that most youths needs to learn more about the digital currency, BITCOIN and understand fully, what it is.
Bitcoin offers many benefits for young people who are looking for digital payment options and investment opportunities and is not a get rich program.
I agree. Because you have a bitcoin doesn't mean you won't ever work again because you never know what will happen to your investments. Positive and negative elements of Bitcoin are both acknowledged as Hold onto your currency through price hikes, market drops, and market declines if you want to make sure you obtain a fair return on your investment. It will be quite challenging for you to sell your coin without making a profit or incurring a loss on your investment if you are having financial difficulties.
What I'm trying to say is that if we want to help young people understand bitcoin, we should try to explain both its benefits and drawbacks. There are some nations where many young people want to participate in bitcoin activities without seeking out much additional information, which will seriously affect them in terms of investing.
It should be realized that when we have bitcoin it does not mean that we are comfortable with our condition.
That is part of the investment and of course work must be carried out to maintain the stability of our economic conditions in everyday life.
Indeed, in this case the aim is for financial freedom, but that does not mean we have to relax and wait for profits from the bitcoins we invest.
It would be ridiculous to still do so especially given that even though bitcoin is profitable there is still no real certainty because of the risks involved in this.