Topic: Prepare Your Children For Bitcoin Investment and Not for Government Jobs. - page 5. (Read 1038 times)

Op you have spoken well except the topic were you made it seem as though parents should disregard government jobs and focus their children on just cryptocurrency. There you are wrong because, before you begin your Bitcoin accumulation journey, you must first have a source of income other than cryptocurrency as it may fail you. So one cannot start investing and keep it running without a job, if you try it, you might end up withdrawing all your Bitcoin when emergencies arise. When you have a good source of income and your into Bitcoin accumulation it will make everything easy, that is if you have also set aside emergency funds that can sustain you for at least 3 to 6 months.

As a parent, if you create a wallet for your child when they are still young and start accumulating some Satoshi, when the child grows up, you could just introduce him fully to cryptocurrency and hand over the seed phrase to him for him to keep accumulating, when he gets a job, that is a great step as a father/ mother because we can tell what the future holds, it's possible before your child grows up 1 Bitcoin will equal $500k so now is the best time to even start accumulating to pass to your next generation.

This is good advice if the person has the funds to open a business.  What if the person doesn't have it?  It isn't bad to attend schools to have the basic knowledge of everything.  It does not harm to get employed, paid, save, and at the end open their own business that accept cryptocurrency specifically Bitcoin. 

Life isn't like magic where with just a single word everything happens.  Everything in life is a process, if one does not have a fund to open up a business, one need to get employed to be able to support their needs and look for extra jobs to save money to hasten their capability to setup their own business.  It is not bad to get employed for the goal of opening an owned business.


One need to take a job to earn money especially when a person does not come from a wealthy family.  From that, he can either save money or invest from the extra of his salary.  Let learning from formal education be a stepping stone to establishing one's financial independence.  It is much better than ignoring the importance of education.  Even if the person's priority is to be his business owner, if he does not have the money to setup his own business, he has no other way but to be an employee first and, later a boss of his own.



Depends on that graduate's financial capability.  If he has the money then he can setup his own business but it isn't advisable to jump ahead to create one business without knowing the all around of the business a person wanted to set up. Getting employed has its benefits, and that is the experience and learnings one can accumulate being an employee of the same venture he planned to.

I think OP is speaking from his experience in his home country, which I can relate to. In these kind of economies, it’s advisable to engage in technical skills or skilled trade or craft. However, this cannot work for everyone, there are those who love the academic route and have zero interest in learning anything else. Getting an university degree isn’t bad, getting good jobs is a lot easier when you have a first class degree. This discussion takes my mind to a topic in bitcoin discussion: 5.0 CGPA or 5 BTC.

I think the right word to use in this contest instead of prepared, it should be motivate because when you say prepare your children for Bitcoin, it sounds and looks as if you are trying to force Bitcoin on your kids, and that is not a good approach if you want them to truly develop the motivation to push through with bitcoin and a journey.
But if you use the world, motivate, it sounds more friendly and less forcing in my own view and that will help build the confidence of the kids since they will be in charge of deciding whether to pick interest in Bitcoin or not, and by so doing, your own as a parent is to support your kids to achieve that success.

I think a much better way to say it  is that, we prepare our children to be totally independent of government jobs, or any job where they will have to earn a salary, so rather, they should be their own bosses by establishing and managing their one businesses and so on.
For this is because, for a person who is not working and earning a salary to be able to invest in bitcoin and in cryptocurrencies in general, he or she has to have a dependable and reliable source of income, a graduate without a good source of income can't successfully invest in cryptocurrenciea because making making money here requires a lot of time and patience.

So, when someone comes out from school, their first priority should be to build a business through which they can be earning good money, and they can invest part of that money in cryptocurrencies so they can get even high return to the future, to enable them expand their business and even build new ones.

I get your points OP, but it's something not too necessary taking as priority. Bitcoin investment or trading is not a well recognized job whereas some countries are beginning to place restrictions. It is very much important to get a formal education, come out with good grades and wait for any slight opportunity to getting a job either government or private. On a normal basics, why not do a combination of both, it is much better and would not in any way interfere.

Government jobs or jobs, in general, may not have sufficient salaries to create a prosperous future. Still, in the end, they will provide a stable source of income, even if it is not lucrative, and one should not rely solely on Bitcoin investment without providing an additional source of income, as the profits they will make in Bitcoin may not come overnight; it may take months or years. However, teaching them about the cryptocurrency field and preparing them for Bitcoin investment from a young age is a good idea to solidify ideas and knowledge in their minds as they grow up, making it easier for them in the future. Once they have gained sufficient experience and knowledge and strongly believe in Bitcoin's ability to make them businessmen, they can embark on their investment journey, which I know they will not regret one day embarking on. When they succeed in this journey, they will undoubtedly be able to manage a new business that suits their aspirations and experience and can eventually quit their jobs. Bitcoin BTC is the best investment known in history.

You're getting things mixed up. First, Bitcoin is not a messiah that will wipe out poverty and secondly, bitcoin investment is not a job. It does not involve waking up very early in the morning and running to catch a bus to work. All it entails is to get a good wallet, buy your bitcoin, store it and go to bed while it appreciates in value. What I'm trying to say is that you can be working whether in the public or private sector and still be a bitcoin investor, you don't have to quit one for the other.

The idea for children to invest in cryptocurrency is good since it is something that will be of good benefits to them in the future but right now it is not every family that has the amount of money to invest in cryptocurrency as the world is going through a lot as a result of inflation going with the price of Bitcoin it is not every parent who can afford the amount to invest in Bitcoin before thinking of encouraging their children to invest because directly or indirectly it is the parents of the child that will raise the money for the investment since the child doesn't have money of his or her own at the moment. I 5hink it is very important for us to consider the financial aspect before advising parents to encourage their children to invest because Bitcoin investments is not a total guarantee that someone will become a millionaire today or tomorrow because it's not a Ponzi scheme.

And who will work in these "Boutique, Barbing Salon, Restaurant fast food shops, Food Items Shop, Land and Fish Farms etc"? "Millions of graduates with 1st class degrees"? If everyone becomes BTC-investors and millionaires after your advice, then there will be no one left to work.

By opening all of the above businesses, don’t BTC-investors become the very capitalists you criticize above?

Don't need to look for a job, need to create it. Bitcoin can help with this by allowing to accumulate start-up capital, but investing in this will take time to increase the money invested. And what to do in the interval between investing (note, which also requires money) and making a profit sufficient to open "Boutique, Barbing Salon, Restaurant fast food shops, Food Items Shop, Land and Fish Farms etc"? How will your children live on during this period? For what means of subsistence?

In addition to government jobs, there are jobs ("Boutique, Barbing Salon, Restaurant fast food shops, Food Items Shop, Land and Fish Farms etc") that are created by people like you, with the only difference being that they opened their businesses without investing in bitcoin, but, for example, with borrowed money. So how is this different from your version?

You need money to make money, and you can't really teach your children to become a millionaire with a $500 starting capital, because if that was possible, you could just make yourself a billionaire. And crypto investment isn't really a good money making method for everyone, there's so many scams and the volatility of the market makes a lot of investors broke.

Or are you suggesting that children should live off crypto investment of their parents? Even that isn't so easy, because you need to have a lot of crypto, and all of that crypto should be Bitcoin, as other coins will die eventually; and it doesn't come without a risk - what if Bitcoin crashes in the future? What are they going to do without education, career and any money-making skills in general?

Dear, you have really raised a good point here i am agree with you. This is so true if you do like a work that your elders or parents have says you to do you will feel it a burden and this thing lead us to stress and we do not feel comfortable in such domain and never enjoy our life. We should play our part just by addressing them to the right path/opportunities then it should be totally up to them which domain they would like to work in.

In this way, they will enjoy their life along with their earning and you will see them grooming fastly. let's say we have forcefully appointed our children with such a domain they do not like and this thing makes them rigid and they will start to disobey us. We need to understand our children and advise/address them in a polite way so they will pick up our sayings easily.

Obviously, I definitely will let my kids know the information I have got about Bitcoin and the hope that Bitcoin actually comes with because Bitcoin is hope even for growing kids to leverage the opportunity when they must have grown of age. However, I will leave them to decide if it's something that they will love the idea or not, but to keep the information away from my kids no, Because people tend to learn and understand things better when they're in their teenage age, Because they have lesser things to think of.

Why don't we understand the basic that we need money in order to invest into Bitcoin or any other domain as without money you cannot make money, if we teach our kids only to focus on Bitcoin then where do they get money to invest into Bitcoin?

Let's cut the crap and keep it simple they can do regular job or even business but alongside that let them invest into Bitcoin as it will secure their future. Lest not forget why Bitcoin was created and it's not for investment but rather direct P2P. We need to ensure they earns and invest money in Bitcoin rather just awaiting that miraculously they will earn Bitcoin.

First of all we need to know what our children want to do or what they like to do. OP I agree with you but we should make our child educated and then exposed to crypto or bitcoin. I also think that we should stop our children from doing what they don't want to do or what is against their mind.

Most of the people in the country where I currently live do not know anything about Bitcoin or cryptocurrency. So most of the parents in our country force their children to study in a school and even send them to various training centers for an official government job. If those parents in our country knew about Bitcoin and understood about Bitcoin then maybe they would have prepared their children for Bitcoin. Parents in our country don't even know that many people around the world have changed their lives overnight using Bitcoin.

But my plan is completely different when I have a child I will educate him about Bitcoin along with education and even make him well educated in Bitcoin education from a young age. So that he can change his life through Bitcoin in the future.

There are more truths on your comment, however I am very much aware of what you have said, the important thing I picked from your comments is the last paragraph, people are meant to choose for themselves (whether little or big). We shouldn't force them to learn what they don't want. Some families fails this text because they don't know what to do in a situation like this. However Bitcoin is an investment that will change many life's, but when people don't choose you shouldn't force them to choose Bitcoin, time will come when many people will start to dream of having Bitcoin, moreover the bullrun is here to come.
Give the children different options to choose, Bitcoin, White coller jobs, government jobs and many, skills and what ever, just give them the opportunity to choose, also tell them the difference between those things (negative or positive) tell them and give them the chance to choose for themselves. They are kids and you are their parents, always work hard so that you can be able to sponsor them in what ever choices they make.

I agree more if children have two categories in their lives.
1. Crypto Investment and
2. Employment.
For me, work does not affect investment and vice versa, in fact the two support each other, investment has two methods, long term and short term, investment does not make money in a matter of hours or days, need development in the crypto that is invested, the work has a direct impact on the person and also the wider community, the investment only has an impact on themselves, so these two factors support each other.

I don't agree if children are only invested in investment knowledge, without knowledge of work, you don't live in this world alone, we have relatives, friends and generally the wider community, Thus, we need work to make things easier for people in all matters, because we work in that place, for example government, private sector, etc.

There is nothing bad in encouraging your children to go to school and graduate with good grades. As a parent I want my children to be the best both in character and learning. The most important thing is to ensure that the children choose professions that they have passion for and the ability to excel in them. It is not also wrong to secure government or private sector jobs because it is important for their survival.

However, it is important to teach your children financial education and entrepreneurship. This financial education will teach them how to avoid waste, save, and invest accordingly. Entrepreneurship education will help them to identify opportunities to maximize their skills and also take advantage of business opportunities if jobs are not available or they have interest in business.

Teaching them about Bitcoin is not bad but they need money to invest in Bitcoin. So they need to work, earn, save, and invest. Bitcoin is not the only viable Investment, they might have an interest in investing in another sector. However, I have started introducing my nephews to Bitcoin because it is one of the best.

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Note that you don't need to be a full-time crypto investor to make money from it. Many investors see the sector as an alternative source of income while they focus on their full-time jobs

Nah nah nah, its not a must, as if people can't do well without Bitcoin? Do you know how many businesses are out there that are nailing the financial world right now? Let them be exposed to Bitcoin and future innovations, this is the best advice I can give anyone, but don't force them to learn what they don't have any interest for.

Bitcoin isn't everything, if bitcoin doesn't exists today life will still goes on, jobs are good and many families still grows with government jobs and don't also forget that a successful bitcoinist needs a job to be able to invest money on Bitcoin.

It's better to be opened to new ideas and don't leave one behind for another, get jobs, save some money and think more about investing on new techs and innovations, including Bitcoin and whatever comes in the future, and don't forget to live, be happy and be healthy.

Once your children are up to certain age then its something nice to make a decision in teaching them about bitcoin little and they begin to get used to it gradually till they becomes a teenage and by then, they would have been very active and interested in learning more and investing in this same bitcoin immediately they begin to earn on a weekly or monthly basis, this is very more interesting than exposing them to depend on government or investing for them in fiat, with bitcoin, they can learn how to be profitable in finances and also be independent financially because of the opportunities that comes in with bitcoin adoption.