Topic: Prepare Your Children For Bitcoin Investment and Not for Government Jobs. - page 6. (Read 935 times)

what's wrong with government or private sector jobs? not everyone has the talent to become an entrepreneur who opens up jobs for people, there are some who are more suited to working and making money for themselves. so i think, i will not force my son to become an entrepreneur or work for someone, i will let him choose what is best for him himself, whether he wants to be a doctor, soldier, office worker, that's up to him. because it is his right to choose his work and i don't want to limit it.

but i agree that it is quite important for me as a parent to teach my child about cryptocurrency and how it works, so that maybe he can get to know the world of crypto faster than other children.

If you do not have money from a job, how will you have money to invest in Bitcoin? If we say that you are talking about what will happen after 20 years, when the price of Bitcoin will be more than 500k, and the possibility of the price doubling every 4 years will be impossible.
Bitcoin is a good investment, but the higher its price, the lower the return on investment. Investing $1,000 in 2014 and keeping it until 2024 will achieve a much higher income than someone who invests $1,000 in 2024 and sells it in 2034.

Actually investment isn't always Bitcoin, each person has it's own preference with both risk and reward.

You also can't force your children will like Bitcoin and want to become an entrepreneur, this is why there are many young people nowadays have a mental health disease, the parent wants to build the children like what they want.

If he think become an entrepreneur isn't for him, it's fine for your children to work as an employees even though he has a good amount of money.

There are so many jobs, you think there's no job because you're expecting to work in a job that related with your degrees.

Why depend on Government they can be prepapred for a larger greenish pasture out there or for a private company later on. Well incorporating knowledge abiut investment to be follow later in when they grasp at a proper age. But now the focus should be on education and future endeavor you dont wanna pressure your kids about it for an early stage. They wanna play like a normal id too.

I beg to disagree with you on this, Bitcoin investment isn't done on empty pocket, It requires funds and I believe its Laziness be prepared in life to just dump money somewhere and do nothing else apart from monitor your investments. The best preparation parents need for their children is skill-based preparation. You watch your kids from little and see what drives their interests and encourage them to pick up a career in that direction. Funds can be lost, investment can dissolve, but your learned skills are your master keys to survival anywhere, any day and anytime. You can always intimate them practically on the importance of investing their earned income into profitable ventures like Bitcoin, Real Estate, Agriculture e.t.c. If you invest and have no backup source of income, you tend to dissolve your investments before maturity for survival.

So your idea is basically to tell our children they need to buy some Bitcoin, sell them later on, and then use that money to open a business? That sounds cool and all but you forget running a business requires a skill on its own. Even if your business opens new opportunities for others, sustaining your business is a problem that you need to solve. Not to mention getting the capital to start is probably not as easy as selling your coins on an exchange.

If you really want your children to do something like that, you'll need to prepare their mentality and education too. There are no successful businessmen without failure, and not everybody has the means to keep failing 10 times in a row or more until one of their products makes it. Buying Bitcoin is not going to solve it, as much as you can earn 2x or more from a successful trade.

The the global world is going digitalize in various ways and is more like civilization that is gradually taken over,

In as much is a great thing exposing out children to the digital investment world or space it is also good they figure out how things are revolving around the world including government job as you Said, sooner even without parental consent children of now our days are becoming more versatile in knowledge, however preparing them up at a tender will be at a more advantage.

Yeah, things are different now. But perhaps, before diving into crypto, financial literacy first. Children need to understand general financial concepts like saving, budgeting, and responsible investing. When their knowledge about crypto is sufficient due to education, it's still up to them whether they choose crypto. Make sure they understand the risks and how the market works.

It's okay for them to be employees at first while starting, but eventually, they should explore business ideas. The ultimate goal should be to empower the children.

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.

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.

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.