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Topic: Young people should go all in on bitcoin - page 10. (Read 63398 times)

legendary
Activity: 1848
Merit: 1000
October 11, 2017, 01:22:14 AM
I agree with some of what the OP says in terms of those living with parents are in a privilaged position and that now is a perfect time for them to go hard into bitcoin.

I dsagree with the all in concept though, I don' think anybody should go all in on anything just in case but definitely if you are in this position it is the best time to take advantage, makes me wish I was younger.
full member
Activity: 168
Merit: 100
October 11, 2017, 01:16:24 AM
For me its not that all young people will go about this thing. Because some young people doesnt care about business like this. Specially they depend on their parents. We can tell that they should but we cant sure if they would.
hero member
Activity: 2730
Merit: 585
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October 11, 2017, 12:43:07 AM
They somehow need to focus more on their studies, they have different responsibilities than investing on bitcoin and making money. Holding bitcoin is okay because you don't need greater knowledge on the flow of money unlike investing where you need to put time and needed some experience to win a profit.
Focus on study is more important for young students but it may not be ignored that they should go to participate in bitcoin business or somehow to earn for their pocket money, because young generation is very much touch with computer and internet technology.

I agree that totally focus on study is important but a little bit touch with bitcoin is not as harmful as we assume.
I agree with you. For students no need to earn money in their education period. First let them complete their education and then they can join bitcoin world. Because I think learning is more important than earning in the early age and especially during education. Once they edict of earning then they will never concentrate on studies and their future would be in two boats. I mean they could not decide where to go.
full member
Activity: 504
Merit: 102
October 10, 2017, 01:03:22 AM
There is a big chance that bitcoin benefit will be shut to zero in a handful of a long time. There will be other big crypto currencies but not bitcoin.
You are living in some other world or are in habit of day dreaming. Dude we all know the real potentials of the bitcoin and the market size of bitcoin is far more than that of any other crypto currency. I don’t think so there will be any issue faced by people by using world most popular currency. Bitcoin are the kings of the crypto market and will be forever.
Yes you right bitcoin is a king of crypto and anyone want to use this popular currency people need to learn about bitcoin and they need bitcoin now this time bitcoin is too much popular. 
sr. member
Activity: 1236
Merit: 252
October 09, 2017, 07:11:37 AM
Young people should take higher risks and diversify their portfolio, and bitcoin can supplement that.

A better phrase would be "buy bitcoin instead of doing vices" because at least with bitcoin, you can theoretically lose it all but you'll still retain your health.
I think otherwise. I think this will not be a wise decision by any youngster to invest all of his earnings into Bitcoin and that in that age when he don’t have enough knowledge about Bitcoin and all that stuff. In fact, I’ll advise him to invest a portion of his earning and learn the things well before taking any big step.
I have seen some smart young dudes in my lifetime and they can make decisions as long as they are capable of making them. The truth is it is risky, but most young dudes nowadays waste a whole lot and it won't be a bad idea if they can put some little part of it into bitcoin if they wish knowing there is every chance it can give them a better life after school and even make them build their dreams and investments faster.

I do not agree that young people should be denied as long as they have come of age to make decisions by themselves. Do not get me wrong as I am not saying they should go all in, but they can go as far as they want.
Well, I think they are young, they should venture once and go all in Bitcoin, I know this will be a very risky thing but what they can get is very large, a new future, a new life, a new millionaire, this is a good opportunity and full of promise in the future. Opportunities in life are never too much, they should not miss, although they may fail but they were very young, they can start again, it is not too difficult, but if they miss this opportunity, I think they will be very regretful when the future of bitcoin grows stronger.
Well I think today world is modern technology world as young generation where they make them self-busy with social  media like Facebook ,YouTube ,whatsApp so I think they have to use bitcoin as well because bitcoin also give you a knowledge about  your life and also it’s a digital currency it can help to young generation.
hero member
Activity: 1680
Merit: 535
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October 08, 2017, 07:55:03 AM
The exact phrase I think. it is true that young people should invest early, to get a quality life later. and bitcoin is the right medium to do so, because bitcoin can provide comfort, security in berinvesatasi and certainly provide benefits. that is the reason why young people are encouraged to enter this bitcoin industry.
I agree to that. The young people should invest their money into different good type of investments because it will help them to have a good financial future because that is the only way how they are going to build investment and practice good financial management. Young people should invest but they don't need to go all in because it is a risky decision.
full member
Activity: 125
Merit: 100
October 08, 2017, 05:39:25 AM
as in my opinion, in terms of investing in bitcoin. However, I still prefer to invest some of my money rather than enter all.
You can not spend all the time so young or even old people still enjoy life and not just think about investing.
I think that investing some in BTC while enjoying life, It will not cause any regrets at all, and everything I make speculation.
as I mean above. do not store everything in one container. if the container is destroyed. then we will lose everything without the remaining.

true, do not put all eggs in one basket

This is a fundamental rule of any investment done by people. You should always split your money into different baskets so that even if the market is worst you will get the average loss/return and not just in single stock/currency which can hamper your total portfolio.

That's what you called diversification of your investment, in fact you don't have to only put all your invest in crypto as that is too risky.
Have your own investment in real world like a business where you can manage on your own and only put a certain amount for crypto or bitcoin.
I agree with you you can do both but i rather would invest the most in crypto because that will still give me profit and if i lose i don't have to pay extra to someone so i would rather depend mroe on my crypto investment than real life investment.
newbie
Activity: 14
Merit: 0
October 08, 2017, 05:26:13 AM
Not all young people can not go to the bitcoin, because not all can understand about bitcoin.
full member
Activity: 672
Merit: 105
October 08, 2017, 04:55:58 AM
The exact phrase I think. it is true that young people should invest early, to get a quality life later. and bitcoin is the right medium to do so, because bitcoin can provide comfort, security in berinvesatasi and certainly provide benefits. that is the reason why young people are encouraged to enter this bitcoin industry.
sr. member
Activity: 2842
Merit: 326
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October 08, 2017, 01:27:59 AM
Young people going to bitcoin will indeed prepared them for the future, I knew an 18 year old boy who invested some money in bitcoin some few years a go, presently this young lad is a millionaire.
I am using this opportunity to inform or sensitize aour young  people to shun any form of fraudulent activities and invest massively in bitcoin with aim of achieving future financial fulfillment.
full member
Activity: 252
Merit: 100
October 08, 2017, 12:34:34 AM
Yes they should and I think they are getting into Bitcoin investing and trading as well. I am one is a fresh graduate but already started with Bitcoin way in college. This is the time when I am still posting to rank up and be accepted to participate in signature campaigns.

And now, still young and starting in my career, I am already eligible to participate signature campaigns an be paid with a rate that I can also use in my everyday expense. This is why it is good to start at young age and feel the return in the near future.
sr. member
Activity: 448
Merit: 250
October 07, 2017, 01:24:52 AM
This is a bad idea to go all in on bitcoin because bitcoin is very risky and the volatility makes it risky so even though that the price is very high now, it is still not a good idea to invest all money you have because a smart investor always thinks for long term and analyze if investing now is a good idea or not. This type of user that always go luck is greedy and can't be successful in any kind of field.
Maybe you are right, young age can't make a good decision because of lack of experience but this age is a great time to involve in bitcoin. At very young age you can get lot of knowledge about the crypto-currency and experience. And at this age you are one who can help in you parents, and it's a good influence to the other because of earning money at young age. And I'm sure they realize that need to be smart, like make sure the future and save the rest of your bitcoin in wallet and the other was use in business.
full member
Activity: 250
Merit: 105
October 06, 2017, 11:44:41 PM
Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.

Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
I don't think it'll be a good idea for young people who are under supervision of their parents. They are still young for this, its good for them to study now, learn bitcoin and if they got it all, I mean understand it well, they can do bitcoin, but not all in. Taking risk is not bad,  but putting all things in a risk is bad. You have no assurance of anything, you do not know what will happen tomorrow or on the next day and next next day.
sr. member
Activity: 504
Merit: 251
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October 06, 2017, 07:31:38 PM
I would go all in in bitcoin but the only thing that stops me from being to do that is still having to pay for everyday things unfortunately I could not live solely of bitcoin. Although that is the dream of being able to do that.
kie
full member
Activity: 202
Merit: 100
October 06, 2017, 07:09:18 PM
Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.

Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.

No, its not good to go all in. Its to risky specially you don't know where to buy legit sites. But the idea is good, but for you people they cant avail the amount of BTC as of now.
full member
Activity: 405
Merit: 105
October 06, 2017, 06:42:46 PM
Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.

Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
It is a good idea if a young person starts earning bitcoin. They can have more knowledge and experience while theyre young and in the future they will be more knowledgable about bitcoin and will earn a lot of it. Also, if they start in a young age, they can earn a decent amount of bitcoin where they can invest it and after 5-10 years, they can be rich in a young age and do whatever they want.
full member
Activity: 154
Merit: 100
October 06, 2017, 06:39:02 PM
I think it could be a huge loss if young people go all in smth nobody fully understand how it works and they probably as a young people don't know even less..  but they should try within reasonable limits and at the same time to figure it out better how it works
full member
Activity: 450
Merit: 107
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October 06, 2017, 05:01:54 PM
Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.

Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
not but.
but we know that bitcoin have high risk, and the price cant be control. people that dont have knowledge's enough cant do loke we plan.
and put our we have to bitcoin can make you win or will kill you. so think carefull
full member
Activity: 336
Merit: 103
October 06, 2017, 04:32:19 PM
You should never go allin with one investment and this totally independent of whether you are young or living at home. Despite of this, young people also need money for go to disco, buy a car and probably marriage and children.

If you are the holder of lots of bitcoin, then this is at least a nice attempt to draw more people in and rise the value of your coins.  Wink
newbie
Activity: 16
Merit: 0
October 06, 2017, 04:31:15 PM
That idea has pros and cons like any other idea, but definetly not going all in since a young age, getting exposure to bitcoin and lightly exposing the youngs gradually is one of the better methods. Sure there are people who will learn more or learn more by getting fully exposed but that may not be the healthiest way around here. They have all the time in the world to experiment with it.
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