Prepare Your Children For Bitcoin Investment and Not for Government Jobs. - page 4.

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Quote from: DiMarxist on March 06, 2024, 04:13:03 AM

I was told that in those days, government agencies and private sectors agencies were coming to pick the best graduating students from their various field of studies in their universities. And given them cars, a houses and other allowances to start of their lives and work with them.

Yes, that's true. It's not even like it was something that happened a century ago. We're talking of something that happened in the 70s and 80s in our dear country. Most of those ancients and ancestors we now have as political leaders were beneficiaries of that. That's why it pains me hard that they benefitted from a system that worked but are leaving a near collapsed system for the youth. The Nigerian state made everything conducive for them and that was how outsiders who weren't educated started wishing they were. The crave for formal education grew and every Tom, Dick and Harry wanted a piece of that formal education. Anyway, the reality on ground now is that paper certification from tertiary institutions have become bastardized. It has lost its apparel and can't necessarily put food on anyone's table. Graduates hardly find jobs now except if holders of those certificates have high connection or know who has that connection. The bottom line for me is this – People should go to school to learn but not necessarily to get good jobs. If anyone wants to slave (work) for others, they should get skills that will better position them for high paying jobs. Otherwise, people should get skills that can make them employers of labours and not employees.

BTW, learning how to trade is a life time skill most people underrate.

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Quote from: DaNNy001 on March 07, 2024, 10:52:16 AM

Preparing your children is one thing but pinning it down to Bitcoin investment scale is kinda overated if you ask me. First of all, life is full of phases and I believe there are some vital things and skills that the child ought to know to enable him or her secure a good investment in Bitcoin, saying that the child doesn't need a job and should be solely dedicated to Bitcoin is rather absurd because you can't just buy Bitcoin and feel relaxed without having something to do to pass the time because if that's the idea then you would probably temper with your coins.

Parents always want the best for their children. And preparing their kids to invest in bitcoin is also highly possible. But as these children grow and develop their own passion from different aspects, parents can no longer hold the decision of their children and lead them to bitcoin investment because they are already grown adults and have their own decision making on how to better prepare for their future.

However, parents may suggest about bitcoin but they can’t hold guarantees if their kids will follow them. The least parents can do is to guide their kids and support them as to where their skills are and on what and where they’re comfortable of working.

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Quote from: DiMarxist on March 06, 2024, 04:13:03 AM

It has been a practice for decades that parents were sending and training their children or wards to secure a befitting jobs either in the government or the private sectors. I was told that in those days, government agencies and private sectors agencies were coming to pick the best graduating students from their various field of studies in their universities. And given them cars, a houses and other allowances to start of their lives and work with them.
And that boosted the attendance of people to school because every parents wants their children to secure a good job after school.
And they didn't secure a job, they can join politics to participate in political movement and others but not everyone has the opportunity to join politics to the top. Most of them end at the subject or gladiators and from there most of them became political apathy.
And things are not like those days again, we have millions of graduates with 1st class degrees but no jobs because the government didn't prepare for the future of it citizens so when the population explosion came, there is no job spot again to the population again. And if they employ it is just few spots. And all the rest move around looking for jobs. Then another thing that making jobs to be lacked is corruption, and lastly capitalism.
Therefore the best option I suggest is to prepare your children in cryptocurrency investment so that they will not depend on government or private sectors jobs but will create jobs for the society through cryptocurrency investment. Like many have done it from their bitcoin investment. They have opened Boutique, Barbing Salon, Restaurant fast food shops, Food Items Shop, Land and Fish Farms etc. And for that instead of seeking for jobs, they provide jobs for others and they become employers of labour.
Therefore prepare them for bitcoin investment and not to be job seekers. I have said this before.

DiMarxist.

Nope will not force them if they don't like to do it since I believe that each one of us have different passion. So if I see them showing some interest to know about crypto then I would gladly teach them on what are those things they need to know and guide them towards good investment they could choose also to avoid them on possible scams and anything offer them unrealistic offers or claims.

But if they don't have any interest about crypto and they have other like then I would respect their decision about it since they can also be successful in life if they love their jobs or their selected craft since for sure they became more happier also be away on more larger stress or heavy pressure. Bitcoin investment is good but this is not for everyone that's why I will just let them to decide what path in life they choose to take and I'm here to guide them on their possible struggles also to support their decisions.

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Quote from: Mia Chloe on March 06, 2024, 04:48:01 AM

I agree with the idea of preparation but when it comes force it's not nice at all. The goal is to teach your kids how money works plus investments and why they are better than regular average jobs. The truth is if you really want to help kids in such aspect, all you have to do is expose them to different opportunities including programming and business. Then you can allow them choose what they enjoy doing then you as a parent can help them perfect it.

Kids excel most when they are not forced but rather enjoy what they do.

I don't think forcing anyone into anything would have apositive effect on their mental health and we are talking about learning here, so I think it should be more like an educational thing than a forced thing, and moreover I don't think it would be a problem for then to caught up cause when kids are younger they tend to learn faster, all you need to do is tell then why crypto is a better future than the traditional banking system, then you must also teach them the basics like security and storing their assets, children tend to want to practice what they are taught more than adults and they won't waste time in wanting to get an experience so parents or tutors shoudl also be ready to take this lesson off mere words into practical at some point.

Quote from: AVE5 on March 07, 2024, 10:10:54 AM

Just bring your children up with lucrative creativities so that they don't get stranded when an expectation doesn't workout as thought.

Mate the topic is on teaching your kids about investing in crypto, we alm know that creative thinking helps but at some point financial literacy is kind of a big problem in our present world since we can't survive on pay checks any more and would not want our children to work in that part, teaching our children about investment is a good idea and would a go a long way in there future too.

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Quote from: DiMarxist on March 06, 2024, 04:13:03 AM

And things are not like those days again, we have millions of graduates with 1st class degrees but no jobs because the government didn't prepare for the future of it citizens so when the population explosion came, there is no job spot again to the population again.

When we are in a situation like this, we should create jobs for ourselves, we should stop waiting for the government to start doing everything for us, we can’t compare what was happening during the olden days with what’s happening currently, we don’t expect the government to employ everyone. But whenever you are in school, no matter what grade you are, make sure you learn a skill that I am sure will be useful if you graduate from school. After graduating from school, if you can’t secure any jobs, you can just establish yourself.

Quote from: DiMarxist on March 06, 2024, 04:13:03 AM

many have done it from their bitcoin investment. They have opened Boutique, Barbing Salon, Restaurant fast food shops, Food Items Shop, Land and Fish Farms etc. And for that instead of seeking for jobs, they provide jobs for others and they become employers of labour.
Therefore prepare them for bitcoin investment and not to be job seekers. I have said this before.

I hope you know that if you don’t have something to do, you won’t have money to venture into bitcoin investment, and if you invest all that you have in bitcoin, you will need money for your daily activities. If you don’t have a source of income, you will end up selling all your investments just for survival.

You can’t just invest in bitcoin, and you will be expecting profit instantly. You will have to hold it for some time, so if you don’t have a source of income, you won’t be able to hold it, and you won’t be able to establish yourself.

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Quote from: Sim_card on March 06, 2024, 04:51:11 AM

To invest in bitcoin, you will need money to buy bitcoin, and for you to get money, you must have a mean of income. What i understand is that parents should not allow their children to depend more on only going to school, but they should also take them to places where they can learn a skill to assist them in case there is no employment after school. Also the youths should try to be creative and use to the internet, so that they don't depend on government for jobs, and get jobs online, since the offline jobs are limited to some certain people. When you have an income then you can invest in bitcoin with rest of mind without panic. What I think that parent should do is to teach the potential of bitcoin, and the advantage of investing in bitcoin to their teens, and if possible buy them some fraction of bitcoin for them to hodli in their noncustodial wallet and watch how the price of bitcoin rise and fall, so that they can have the experience of the volatile nature of bitcoin that it is worth investing in.

Preparing your kids on investing in bitcoin is not bad but it shouldn't be their primary target, they have other stuff and knowledge to gain first atleast be educated and have entrepreneurial knowledge so that they will not be dependent on government or private jobs but can create something on their own in other to gain or have income. Because without having a source of income or earnings it will be a hindrance to their bitcoin journey since it's a long-term investment which requires funding to start and continually. They just have to know about bitcoin importance, it's significant and it's benefits but investing in bitcoin is personal choice for them.

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Apt, the world has evolved and it is indeed crucial to teach kids about financial literacy and their future because the world has become a global village things are mostly digitalized. Cryptocurrency is digital and their understanding from early childhood can aid them for the world ahead.

DaNNy001

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Preparing your children is one thing but pinning it down to Bitcoin investment scale is kinda overated if you ask me. First of all, life is full of phases and I believe there are some vital things and skills that the child ought to know to enable him or her secure a good investment in Bitcoin, saying that the child doesn't need a job and should be solely dedicated to Bitcoin is rather absurd because you can't just buy Bitcoin and feel relaxed without having something to do to pass the time because if that's the idea then you would probably temper with your coins.

AVE5

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Just bring your children up with lucrative creativities so that they don't get stranded when an expectation doesn't workout as thought.

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Quote from: DiMarxist on March 06, 2024, 04:13:03 AM

It has been a practice for decades that parents were sending and training their children or wards to secure a befitting jobs either in the government or the private sectors. I was told that in those days, government agencies and private sectors agencies were coming to pick the best graduating students from their various field of studies in their universities. And given them cars, a houses and other allowances to start of their lives and work with them.
And that boosted the attendance of people to school because every parents wants their children to secure a good job after school.
And they didn't secure a job, they can join politics to participate in political movement and others but not everyone has the opportunity to join politics to the top. Most of them end at the subject or gladiators and from there most of them became political apathy.
And things are not like those days again, we have millions of graduates with 1st class degrees but no jobs because the government didn't prepare for the future of it citizens so when the population explosion came, there is no job spot again to the population again. And if they employ it is just few spots. And all the rest move around looking for jobs. Then another thing that making jobs to be lacked is corruption, and lastly capitalism.
Therefore the best option I suggest is to prepare your children in cryptocurrency investment so that they will not depend on government or private sectors jobs but will create jobs for the society through cryptocurrency investment. Like many have done it from their bitcoin investment. They have opened Boutique, Barbing Salon, Restaurant fast food shops, Food Items Shop, Land and Fish Farms etc. And for that instead of seeking for jobs, they provide jobs for others and they become employers of labour.
Therefore prepare them for bitcoin investment and not to be job seekers. I have said this before.

DiMarxist.

OP I get your point, but there are various ways to teach your children how to be self reliant. first you the parents must either be seen to be self reliant or have some connotation with self reliance. However training your children or giving them sound education is good, because education can as well help them thinker something better for themselves, either to start up there own business or investing in Bitcoin which would be an easy part for them if their parents are Bitcoin investors. However even as a bitcoin investor, there are still other profitable businesses your children can spread their tentacles if they want to be self-reliant, their profit from bitcoin investment can as well be diversified into real estate, transportation etc, just to build more capital.

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Quote from: lovesmayfamilis on March 07, 2024, 02:19:28 AM

I agree with the OP that children can be introduced to Bitcoin and slowly taught to be frugal. Being a parent myself, I explain to children the smallest basics from which they can begin to understand the meaning of future investments. Lessons like: don't spend your pocket money on what you want right now; leave some money; and be patient if you want to get something. Examples for children should be very primitive; they should not be frightened by the future; on the contrary, interest in acquiring knowledge can create the right thinking.
Only patience and love will create the correct understanding in children of what needs to be learned. But if a child reaches the age of graduation and knows nothing, where can he get money to save? After all, many admit that finishing school is one thing, but being ready for adult life and being in demand is another.

Well said mam, there is no point knowing about bitcoin and not having a paying job for you to be able to invest in Bitcoin, there are few guys I knew that are jobless, they are finding it very hard to invest in anything, I believe that having a job either under the government or not is still important, there will be no form of investment if you aren't making any money.

As if government jons is that bad, many families are been fed with government jobs, when people are able to acquire properties like lands using government jobs, they are of level based, and some government jobs are very good that the payment are very high, Bitcoin is more like the new digital gold but don't forget that there was gold before Bitcoin and some government workers have invested their money also in gold too.

One works better with the other, people including our children must be open to newer ideas, they must not sit down on one thing, the world is evolving very fast, new things will be made, new ideas will be coming in future, embrace them, learn new things, lack of learning new things is what make many old business fade away, they can't just keep up.

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I agree with the OP that children can be introduced to Bitcoin and slowly taught to be frugal. Being a parent myself, I explain to children the smallest basics from which they can begin to understand the meaning of future investments. Lessons like: don't spend your pocket money on what you want right now; leave some money; and be patient if you want to get something. Examples for children should be very primitive; they should not be frightened by the future; on the contrary, interest in acquiring knowledge can create the right thinking.
Only patience and love will create the correct understanding in children of what needs to be learned. But if a child reaches the age of graduation and knows nothing, where can he get money to save? After all, many admit that finishing school is one thing, but being ready for adult life and being in demand is another.

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Quote from: CODE200 on March 07, 2024, 12:49:18 AM

Don't do this, really bad parenting in my opinion even if the intent is pure, I think that grooming your kid to like what you like isn't really the best way to raise a kid, it just makes you look like you're trying to build yourself a clone so your dreams back then, they can achieve for you. -snip-

Yes, first of all let the children be children Cheesy

and when they grow up, let them choose their own path.

Apart from that, I'm curious which country the OP is talking about, because in most countries in Europe, for example, of I'm not wrong (this is the case in Spain at least), population is not rising but, on the contrary, A generational change is expected in the coming years in Government jobs. On the other hand, what he said about cars, houses... doesn't fit with the principle of austerity of these jobs in many (most?) democratic regimes.

Finally, he advocates choosing crypto over a public career. But why not both? are they incompatible?

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You should not force your children to do what they want to do when they grow up, whether they want to do a job or be a businessperson. I have seen cases where family members want their children to be police officers, but their children do not like it. They want to play cricket and be sportsmen. But you should guide your kids on which one will be good for them and tell them the negative and the positive side as well.

When it comes to investment, you could suggest to them about Bitcoin and tell them the positive side of Bitcoin investment. But, you should not force them to invest in Bitcoin because it should be up to themself weather they want to invest or not.

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Don't do this, really bad parenting in my opinion even if the intent is pure, I think that grooming your kid to like what you like isn't really the best way to raise a kid, it just makes you look like you're trying to build yourself a clone so your dreams back then, they can achieve for you. The best that you can do is to teach them the worth of every cents and that they should be aware of how to do an investment, do some introductions there on different investments and there you can talk about how you've invested in bitcoin but don't force them into it, preparation sounds like you're forcing them to like what you like. Let's also face the reality that they're going to need a job so they can secure themselves financially so even if we try to avoid it, they're going to need it so why not just teach them anyway? I don't think that when you teach them bitcoin investment, that they don't have to learn how to get a job. It's weird why we're so obsessed at dichotomy when there's also the choice of doing both, I don't think that there's a grand arbiter that's going to be punishing you for choosing both choices since they're both doable.

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Why do I hear it sounds like a very forced choice? Cultivating a life or death crypto culture is not the best solution at the moment (even if we manage to make huge profits from cryptocurrencies). What I love most about the world of finance is how money works. There are still lots of opportunities that our children can take advantage of in the future, whether they want to be a football player, an oil businessman, whatever they don't have to be as a trader or crypto investor, it doesn't matter to parents, the important thing is that they are successful financially in the future.

We must look at other opportunities as well as diversify our efforts to achieve our goals. The cryptocurrency field can indeed be one opportunity, but it is not the only one.

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I think, this is a good advice that will help parents to have wealthy children that will not depend on government before they can do what so ever they want to do to get rich in the country. Training your children to acquire the knowledge of cryptocurrency at their age now, it will make the children not to depend too much in you either school fees or house rent which are the major thing students use to ask their parents for assistance so that their landlord or school management will not send them away in the premises. I have this idea in mind some years ago, that once my children are approaching 16 or 17 years old, I will begin to teach them all the things they need to know about cryptocurrency investment and how they can use it to grow their wealth in the future.

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That's the most stupidest thing I have read as a Title in years on this forum. How can you compare investing in an asset with working for someone? Investment and Job aren't to be compared. They are two different things. You need money to buy Bitcoin or atleast mine Bitcoin if you don't want to buy them from the market. Educating a child about Bitcoin is a great way to have them informed about something you are heavily involved or invested in, but how are they going to buy Bitcoin without money?

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Quote from: DiMarxist on March 06, 2024, 04:13:03 AM

~
Therefore the best option I suggest is to prepare your children in cryptocurrency investment so that they will not depend on government or private sectors jobs but will create jobs for the society through cryptocurrency investment. Like many have done it from their bitcoin investment. They have opened Boutique, Barbing Salon, Restaurant fast food shops, Food Items Shop, Land and Fish Farms etc. And for that instead of seeking for jobs, they provide jobs for others and they become employers of labour.
Therefore prepare them for bitcoin investment and not to be job seekers. I have said this before.

DiMarxist.

I'm not against what you said because, after all, I don't want to be an employee either. I will just say my own opinion regarding this one.

This is the reason why I prefer being a freelancer rather than somebody working in either the government or the private sector. The number of graduates is increasing every single year while on the other hand, the number of job slots isn't increasing or worse, decreasing every year. I've seen graduates who are working on a job that isn't in line with their degree. I've seen people who are constantly finding jobs even though they graduated already. I've seen people living from one place to another place because that is the only place where there's a job slot. Worse, I've seen people who graduated, but have a hard time having a job, and until now are jobless. Relying on government to secure a job is almost impossible unless you have somebody who will help you.

Now about investing, I just don't know why you single-pointed out Bitcoin investment alone. Are other asset classes not worthy of investing anymore? Why not just say "Prepare your children for investing." Yes, we are in a Bitcointalk forum, say to us to prepare our children for investing in Bitcoin because it sounds like Bitcoin is the only investment out there. I understand what you're saying, but rephrase it, and use investing in general.

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Nope, I will still prepare my children to have a discipline and learn a good skill, be the best at what they do, then money will follow. Crypto and Bitcoin is just a form of payment and investment you will still need to earn money before getting any of them. And crypto is still a secondary knowledge and needs, and the information is everywhere now, they wouldn't miss it. But without discipline attitude and skill, even if they have all knowledge about crypto and bitcoin but if they lack of skills and discipline they would still suffer. I wouldn't care wether they worked for government, private company or even having their own business as entrepreneur as long as they good at what they do, they should be fine.

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