do u know how to change username haha
This post shows you knew a lot about the forum and you're not a newbie. This thread is fake to find lucky merits. 
Topic: I've invested around 450 dollars into bitcoin so far and I am 16 years old - page 3. (Read 480 times)
February 19, 2023, 12:47:21 AM
February 19, 2023, 12:36:21 AM
1. Use a hardware wallet. (Ledger/Trezor)
2. Try to earn more money by mowing lawns and stuff to be able to invest more
3. It's okay to hang out with friends and stuff, but stop buying useless crap
2. Try to earn more money by mowing lawns and stuff to be able to invest more
3. It's okay to hang out with friends and stuff, but stop buying useless crap
February 19, 2023, 12:04:04 AM
~
~Also, I will talk to my dad tomorrow or very soon to talk to him about transferring my money out of stockpile and into a hardware wallet. I plan on long-term investing my money into btc. Currently, I can afford to lose all of the 450 dollars of bitcoin that I have. It's not a life-changing amount for me or my family. However, I do plan on investing almost every dime I earn from a job/birthday/holiday (I'm not actually 16 I turn 16 literally next week) I am very excited to get a job so I can get more bitcoin, for me it's like gold, in my mind bitcoin is shiny and awesome looking.
Anyway, I hope that 16 year old kids like you will think of the same here in my place. In my place, 16 year old boy or even a girl is just thinking of ways to go out, have fun, and posting some useless Tiktok videos out there instead of learning about finance. Well, I can't blame though, but it's quite unfortunate.
I guess some here gave you already some tips and tricks with your investing journey. I guess that is what I will say. It's not a tip, but good job on investing on Bitcoin at a very young age. You and me are one of the 58% of crypto holders are under 34 years of age (the number is based on this page. Just continue what you're doing and learn more.
February 18, 2023, 11:40:25 PM
Currently, I am a sophomore in high school. I learned about btc from my dad and btc blew my mind and I was hooked. I've been pretty much putting all that I can into it for a year and a half now. Are there any tips you guys give me? 2/3 of my bitcoin is in Stockpile and the other third is with my dad (I'm not sure how he's storing it). At this moment I own a total of 0.01798185 bitcoin
Thanks you have undoubtedly done a good job on it. You got into bitcoin while still studying in high school, learned about bitcoin, did a great job. But today maybe because of your father you got so much support. But I think your father is enough to advise you here. After that the advice I would give you is that you can use a hardware wallet to store your invested bitcoins. If you can use hardware wallet then your invested coins will be very safe. Finally I would say hold your bitcoins for a long time and you will own a lot of money at a very young age. 
February 18, 2023, 11:32:03 PM
Currently, I am a sophomore in high school. I learned about btc from my dad and btc blew my mind and I was hooked. I've been pretty much putting all that I can into it for a year and a half now. Are there any tips you guys give me? 2/3 of my bitcoin is in Stockpile and the other third is with my dad (I'm not sure how he's storing it). At this moment I own a total of 0.01798185 bitcoin
Good luck, 0.01798185 is a large amount for your age. It's admirable that you own so many bitcoins at this age, but it would be even more admirable if you could hold on to it. Holding Bitcoins is a difficult task that not everyone can do. So you use a non-custodial wallet to hold your bitcoins to keep them secure and when you are able to acquire more bitcoins buy a hardware wallet and store them safely there. Best wishes to you 
February 18, 2023, 11:30:58 PM
2/3 of my bitcoin is in Stockpile and the other third is with my dad (I'm not sure how he's storing it). At this moment I own a total of 0.01798185 bitcoin
I have never heard about Stockpile but if it is a centralized service, don't use it to store your bitcoin.Reminder: do not keep your money in online accounts
Cryptocurrency security checklist
Bitcoin information and resources
Advice to secure your wallets
[General] Bitcoin Wallets - Which, what, why?
You can use Electrum (desktop or mobile) because it is very light in storage space. If you want better privacy, use Bitcoin Core.
$450 is too big for a high school student. If you are wanting to invest long term, DCA is good for you to go.
https://dcabtc.com/
February 18, 2023, 11:26:50 PM
Am not sure what does you mean about you put all into it, did you refer to how long you invest to learn Bitcoin or you're used all of your money which is $450 to buy Bitcoin? As long as you can afford to lose all of your $450 and you don't need to use that money to buy stuff in your school, you're good to go.
Does you mean this app? https://www.stockpile.com/
It's a centralized platform and I see they're ask KYC verification, it's not good for long term holding, you need to use hardware wallet since you're still newbie. Make sure you bought it from official store/seller. Anyway this thread is good to learn Security and Privacy Topics on Guides and Protection.
Does you mean this app? https://www.stockpile.com/
It's a centralized platform and I see they're ask KYC verification, it's not good for long term holding, you need to use hardware wallet since you're still newbie. Make sure you bought it from official store/seller. Anyway this thread is good to learn Security and Privacy Topics on Guides and Protection.
February 18, 2023, 11:18:00 PM
Good job young man. Consider yourself lucky to even know about bitcoin at such a young age. I suggest you to keep and store your btc in a secure self custodial wallet like electrum, bluewallet, mycelium. You can use exchanges to buy more BTCs but never store them there since "not your keys, not your coins". Good luck on your future ventures!
February 18, 2023, 11:13:42 PM
Currently, I am a sophomore in high school. I learned about btc from my dad and btc blew my mind and I was hooked. I've been pretty much putting all that I can into it for a year and a half now. Are there any tips you guys give me? 2/3 of my bitcoin is in Stockpile and the other third is with my dad (I'm not sure how he's storing it). At this moment I own a total of 0.01798185 bitcoin
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