Young people should go all in on bitcoin - page 56.

bhadz

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Quote from: cryp24x on June 07, 2017, 09:41:45 AM

Quote from: bhadz on June 05, 2017, 06:14:49 PM

Quote from: IGNation on June 05, 2017, 09:58:49 AM

You shouldn't encourage young ones to focus or to go all in on bitcoin. No matter how great a thing was if abused it will only cause problems. They should try Bitcoin don't go all in it's only my opinion but it is still depends on one's person perspective.

Modern technology is what the young people now are into it. And bitcoin is a product of modern technology, there's nothing wrong if we will introduce bitcoin to the young ones. While they are young, it's good for them to have some knowledge about bitcoin so that they will have the idea that can earn through crypto currency.

I agree that knowledge about the modern technology should be the one prioritized by young people. And if ever they have some money to invest in this technology such as Bitcoin, they should take the opportunity since we never know that this small amount we invested today maybe worth a huge amount in the future.

It will be worth it in the future, just like what OP is emphasizing while it is still early invest to bitcoin. Because that is what will happen, you will never expect that with that small amount that can bring you good profit in the future. And if you do still live with your parents/family make your mindset to focused in future things while applying appropriate move today like adopting and investing to bitcoin.

batang_bitcoin

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Quote from: olarsson on June 07, 2017, 03:12:21 PM

There is a big risk that bitcoin value will be close to zero in a few years. There will be other big crypto currencies but not bitcoin.

How can you say that? Don't you believe in bitcoin? And why did Japan did to adopt bitcoin, because they understand that bitcoin is a big deal and that can be a good tool for making their transactions faster and lighter. Bitcoin will always be the big crypto currency as it is the original first crypto that has been made.

olarsson

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There is a big risk that bitcoin value will be close to zero in a few years. There will be other big crypto currencies but not bitcoin.

Rahar02

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Quote from: pitiflin on June 07, 2017, 10:05:53 AM

Are you trying to state here that invest everything in bitcoin? You think parents of the the young generation would allow their kids to invest in bitcoin? Most of the parents hardly believe in bitcoin as they think that it is a waste of time and they think that bitcoin is nothing but fraud,so I don't think that all parents will support their kids In investing in bitcoin .

You should see it from different perspective, young people who have their parents as bitcoiners will get more information about bitcoin.
Go all in on bitcoin for young people in my opinion ; not invest all they have on bitcoin, but learn and saving bitcoin for their future without doubt and panic sell when some corrections occurred.

tabas

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Quote from: pitiflin on June 07, 2017, 10:05:53 AM

Are you trying to state here that invest everything in bitcoin? You think parents of the the young generation would allow their kids to invest in bitcoin? Most of the parents hardly believe in bitcoin as they think that it is a waste of time and they think that bitcoin is nothing but fraud,so I don't think that all parents will support their kids In investing in bitcoin .

He means to say that while you are staying at your parents comfort, it's your time to invest to bitcoin and while you can buy it at lower price, you only need to save money for it. And as you grow up you will need only to wait for it for years as the price of it is increasing. I understand that he is encouraging young people while it is still early before it's to late.

skorupi17

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Quote from: DevilSlayer on June 07, 2017, 10:35:21 AM

You're correct people must go all in now. This is the best investment that we must do. The worth of the bitcoin is still continuing to goes up. I'm sure in the near future I will fulfill my dream because of the btc.

How? Go all-in now, starve later?

How can you even go all-in if you have necessities to cope with. It is more a reality of a portion of your fund will be entrusted to bitcoin and the leftovers will be used for your daily expenses. If you are not going to eat or not going to spend a single cent the you can go all-in. But in this environment we are living, every cent in your pocket counts and all are needed for your daily life.

frowsiter

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Yeah man. That's really motivating. May be this can change the future of all youngsters who will be able to set up their own life all by themselves. Just look at us today, we are so hungry for bitcoin and we already know it's potential. If they start at that young then will have lavish life and all dream come true.

Xester

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Quote from: DevilSlayer on June 07, 2017, 10:35:21 AM

You're correct people must go all in now. This is the best investment that we must do. The worth of the bitcoin is still continuing to goes up. I'm sure in the near future I will fulfill my dream because of the btc.

I do not have that courage to go all in with bitcoin but if you will not to try the risk, then there would be no gain. It is nice to see that its price keeps on going up and a chance for everyone to have a good fortune with it. I also hope that because of bitcoin, I can or I will be able to have my goals.

DevilSlayer

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You're correct people must go all in now. This is the best investment that we must do. The worth of the bitcoin is still continuing to goes up. I'm sure in the near future I will fulfill my dream because of the btc.

pitiflin

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Are you trying to state here that invest everything in bitcoin? You think parents of the the young generation would allow their kids to invest in bitcoin? Most of the parents hardly believe in bitcoin as they think that it is a waste of time and they think that bitcoin is nothing but fraud,so I don't think that all parents will support their kids In investing in bitcoin .

cryp24x

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Quote from: bhadz on June 05, 2017, 06:14:49 PM

Quote from: IGNation on June 05, 2017, 09:58:49 AM

You shouldn't encourage young ones to focus or to go all in on bitcoin. No matter how great a thing was if abused it will only cause problems. They should try Bitcoin don't go all in it's only my opinion but it is still depends on one's person perspective.

Modern technology is what the young people now are into it. And bitcoin is a product of modern technology, there's nothing wrong if we will introduce bitcoin to the young ones. While they are young, it's good for them to have some knowledge about bitcoin so that they will have the idea that can earn through crypto currency.

I agree that knowledge about the modern technology should be the one prioritized by young people. And if ever they have some money to invest in this technology such as Bitcoin, they should take the opportunity since we never know that this small amount we invested today maybe worth a huge amount in the future.

qwertyup23

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Going all in on bitcoins is a bad idea especially for young people since they have little knowledge about it. But being exposed to bitcoin at an early age may give them a huge advantage if they use it wisely in terms of investing or helping their families. Always remember that you should always think before you click or else you might regret it later on.

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Quote from: FlightyPouch on June 06, 2017, 07:26:09 PM

Quote from: Wesimon on June 06, 2017, 07:02:07 PM

Yes. Better be wise while you were still young. There's nothing wrong if you save. It's only for your future. Many would say, you have to enjoy life and buy things you want but it's probably a wise move if you save for your future. Today, you maybe dependant on your parent but in the future you must be the one to give them and bring back the things they have done for you. And I guess, you can do that if you start saving bitcoin for them.

I don't really like young people going all in in bitcoin, I mean they are young, they can do better thing than earning bitcoin, and with their naive and fresh mind, you can't expect them to do giod things. And what are you planning to do to make them earn bitcoin, join a signature campaign? Not all young people can do that. And do they even know bitcoin?

Once they meed money and have some for capital, they can engage in bitcoin for it will help them a lot when btc grow and when they grow.

FlightyPouch

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Quote from: Wesimon on June 06, 2017, 07:02:07 PM

Yes. Better be wise while you were still young. There's nothing wrong if you save. It's only for your future. Many would say, you have to enjoy life and buy things you want but it's probably a wise move if you save for your future. Today, you maybe dependant on your parent but in the future you must be the one to give them and bring back the things they have done for you. And I guess, you can do that if you start saving bitcoin for them.

I don't really like young people going all in in bitcoin, I mean they are young, they can do better thing than earning bitcoin, and with their naive and fresh mind, you can't expect them to do giod things. And what are you planning to do to make them earn bitcoin, join a signature campaign? Not all young people can do that. And do they even know bitcoin?

Janation

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Quote from: killerjoegreece on June 06, 2017, 04:15:15 PM

I strongly believe that everyone aged 20-40 should hold at least 1 btc. I dont think its possible with bitcoin distribution tho.

Sadly, yeah. I just hoped I invested on bitcoin 3 years earlier. I've invest so late in these digital currency. Well, all I can do now is save bitcoin and wait till I have one, though it will be a really long time before that. The good thing is, I can save some and while saving them, I am having a good profit out if it. Bitcoin price now is at $2800.

Wesimon

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Yes. Better be wise while you were still young. There's nothing wrong if you save. It's only for your future. Many would say, you have to enjoy life and buy things you want but it's probably a wise move if you save for your future. Today, you maybe dependant on your parent but in the future you must be the one to give them and bring back the things they have done for you. And I guess, you can do that if you start saving bitcoin for them.

killerjoegreece

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I strongly believe that everyone aged 20-40 should hold at least 1 btc. I dont think its possible with bitcoin distribution tho.

theunbeatable

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Quote from: cotton ball on May 24, 2017, 08:23:50 PM

I think young people don't have to focus entirely on bitcoin until they really understand about the banking system and national economic regulation, I mean there must be two understandings about real and virtual financial management. I worry about this because if young people are just stuck in creative economy and one financial side alone they will tend not to contribute and actively engage in development to the country's economy.

True. But it still depends on what are they interested in, let them grow by their own means. You are there to guide them. There are many factors that can change the economy of the country and no matter what our profession is, we can contribute to it. We just have to be patriotic and be nationalistic. If we become passionate of what we do ( for example cryptography, engineering, medical sciences, architecture designs ) and applied all of it code of ethics, then we wont be burden to our countrymen and to the country itself and success will be along the way.

marcuslong

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Quote from: terrate on June 05, 2017, 06:09:48 PM

U need to keep your cash flow ok if u want all in.
More earlier more advantage.

But for convenience u should put some money in bank also for urgent use.

It is okay to all in with bitcoin as long as he can control him selve this is advantage of exchanging your money into bitcoin the profit you made then exchange it into fiat and put it into your bank to save some money for the future.

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Quote from: Xester on June 05, 2017, 10:54:18 AM

Quote from: just_Alice on June 05, 2017, 10:18:46 AM

Quote from: cellard on March 04, 2017, 09:28:10 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 would go all in with pleasure but even though I'm living with my parents I still need my money for many things and I can't invest in BTC although I'm sure it would be a right thing to do. But even if I could, 21 BTC is far from what I could buy. It's more like 1 BTC in two years.

Just do what you want in the end there is nothing to be scared about. Even it would take two years or more it is not like wasting your time and bitcoin because we know the value or the capability of the bitcoin. By that time, its price would be higher. And maybe you should try to invest in bitcoin even if it was only a little.

Thanks for the advice! Even though I can't afford buying bitcoin at least I can try not to sell what I earn. I would have almost 0.3 by now, but unfortunately I sold most of my BTC. So for me "all in" is not selling any.

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