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Topic: Young people should go all in on bitcoin - page 65. (Read 63400 times)

newbie
Activity: 56
Merit: 0
Yes young people should go in all in bitcoin.Yes young people must go in bitcoin so that addiction to drugs and other vises will get far from them.They must be busy as a bitcoiner.That as long as the got salary they will become excited to make money at easy job as a bitcoiner
legendary
Activity: 1092
Merit: 1000
May be very beneficial if young man looking for bitcoin from now on. Well, it will be a very useful investment in the future, and it will make them more independent. Maybe they can produce a lot of bitcoin in a short time.
Yes. Don’t anybody read this and think it’s a good idea. Going all in is like gambling with your life. Bitcoin looks good right now but it could suddenly crash and burn and not be worth anything. I don’t know about you but I would hate to lose my life savings in one day. No I would not recommend this at all. Sure you can invest in bitcoin but going all in is not a smart move in anyway whatsoever.
Going all in is not good for elder people, but what Op is telling means they will get money from their parents. So don't waste that money and invest in bitcoins. When they grew up the price will also increase more, so that saved bitcoins will help them in future to do any business. This is a good suggestion, but I think young people will not follow your advice they want only fun and entertainment for that they need money. So they don't think about their future.
legendary
Activity: 2114
Merit: 1023
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I keep telling my Son this, he lives with his Father in the U.K He has no rent or big bills and earns a living wage. I told him just put a bit in bitcoin every month but when he comes to visit me I will show him how to store and buy BTC. I think it's the best thing he can do right now.
sr. member
Activity: 1008
Merit: 355
Bitcoin should have been the currency of the young generation but as I see there is no massive interest from this group of people. What we are seeing in Bitcoin is a very mixed types of holders and users. Maybe years from now we can see an uptick of interest with the young ones.
legendary
Activity: 1652
Merit: 1057
May be very beneficial if young man looking for bitcoin from now on. Well, it will be a very useful investment in the future, and it will make them more independent. Maybe they can produce a lot of bitcoin in a short time.
Yes. Don’t anybody read this and think it’s a good idea. Going all in is like gambling with your life. Bitcoin looks good right now but it could suddenly crash and burn and not be worth anything. I don’t know about you but I would hate to lose my life savings in one day. No I would not recommend this at all. Sure you can invest in bitcoin but going all in is not a smart move in anyway whatsoever.

Probably bitcoin is re-writing the tables of basic principles of investments/trading. Because I do see many people are suggesting to go with all into bitcoin for better future. And most of the times they are proving themselves as right.

Because bitcoin must be a very unique opportunity of our lifetime and hence going all with bitcoin probably a right decision which might take our life into new levels.
sr. member
Activity: 938
Merit: 256
May be very beneficial if young man looking for bitcoin from now on. Well, it will be a very useful investment in the future, and it will make them more independent. Maybe they can produce a lot of bitcoin in a short time.

I think it's a good idea to be able to create your own business opportunity and be able to live independently, but of course requires direction and guidance to always be directed to the good things to achieve success.
sr. member
Activity: 1176
Merit: 252
May be very beneficial if young man looking for bitcoin from now on. Well, it will be a very useful investment in the future, and it will make them more independent. Maybe they can produce a lot of bitcoin in a short time.
sr. member
Activity: 448
Merit: 250
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.
This is a great topic, your rigth of thinking for the future about leaving in family and you make your own money. And this time(being a teeneger) I want to make more money and enjoy my life. This is not impossible, when I discover the bitcoin I spend more time and learn more about bitcoin market, this is the reason why I earn money.

We're lucky at this time because of the price of bitcoin, it continuously increase/ dump and give a name. And this the reason why I fund my money(money coming from signature campaign) because when it become popular more investor grab the opportunity the advantages and benefits of bitcoin compare to dollar.
hero member
Activity: 837
Merit: 500
We
Every investment has its own risk level, and BTC and other cryptocurrencies are no different. You should be careful when dealing with this, and going all in sounds like a good idea if you are young, but you need to keep in mind that you can lose a great part of your investment. Caution is advised.
This is so true. Everything has the risk associated with it which ever asset class may be like equity, debt currency , bond market etc. All have the risk since those are depending on various factors local + global and which cannot be controlled. So its always said never put all your eggs in one basket. Distribute the amount accordingly so that you can mitigate the risk.

young people usually have a high and wild emotion , they are indeed always on fire, full of passion and have a high curiosity. not surprising if then they are go allin to do anything include invest in something like bitcoin. but yeah never be a good idea to do that as you need to manage your bankroll and some risk management to make your investment didn't end up in vain.

Well, I had read this thread a while ago in a certain way this thread motivated me to buy some Alts. I'm young and I just can buy a bit, but for the moments the profits have been good and I'm very glad for this. The currency of my country is very devaluated and I'm I think for a young person is better that invest in Btc, other cryptocurrencies and don't that his fiat continue devaluing here

Thats good start investing now for it will benefit you more in future, just how those bitcoiners who are able to biy they wants for they invested here in bitcoin since before .
full member
Activity: 201
Merit: 194
Every investment has its own risk level, and BTC and other cryptocurrencies are no different. You should be careful when dealing with this, and going all in sounds like a good idea if you are young, but you need to keep in mind that you can lose a great part of your investment. Caution is advised.
This is so true. Everything has the risk associated with it which ever asset class may be like equity, debt currency , bond market etc. All have the risk since those are depending on various factors local + global and which cannot be controlled. So its always said never put all your eggs in one basket. Distribute the amount accordingly so that you can mitigate the risk.

young people usually have a high and wild emotion , they are indeed always on fire, full of passion and have a high curiosity. not surprising if then they are go allin to do anything include invest in something like bitcoin. but yeah never be a good idea to do that as you need to manage your bankroll and some risk management to make your investment didn't end up in vain.

Well, I had read this thread a while ago in a certain way this thread motivated me to buy some Alts. I'm young and I just can buy a bit, but for the moments the profits have been good and I'm very glad for this. The currency of my country is very devaluated and I'm I think for a young person is better that invest in Btc, other cryptocurrencies and don't that his fiat continue devaluing here
hero member
Activity: 1274
Merit: 513
Young people is not going to invest all their money in anything thinking about the future because they need it now for their plans. Even if they live with their parents they will want to travel, go party and at one point rent a house. But still they could make small monthly investments. Take the amount they spend on a weekend or a small part of their salary and buy bitcoin every month to have it stored as a kind of pension plan or investment fund looking to the future. If the price continues to rise over the years they will obtain a good profitability.
Agree, I think not all young people invest their money because many young people as of now wants to travel go to place or vacations, party and many more. Im student and Im minor also but I invest in bitcoin when i see the price is good to buy before I save my allowance to buy bitcoin but as of now all my allowance is from bitcoin and all my allowance from parents are save in banks. Those young age wants to start in bitcoin world can save their wallet so they can invest bitcoin and make money also.
legendary
Activity: 1442
Merit: 1008
Every investment has its own risk level, and BTC and other cryptocurrencies are no different. You should be careful when dealing with this, and going all in sounds like a good idea if you are young, but you need to keep in mind that you can lose a great part of your investment. Caution is advised.
This is so true. Everything has the risk associated with it which ever asset class may be like equity, debt currency , bond market etc. All have the risk since those are depending on various factors local + global and which cannot be controlled. So its always said never put all your eggs in one basket. Distribute the amount accordingly so that you can mitigate the risk.

young people usually have a high and wild emotion , they are indeed always on fire, full of passion and have a high curiosity. not surprising if then they are go allin to do anything include invest in something like bitcoin. but yeah never be a good idea to do that as you need to manage your bankroll and some risk management to make your investment didn't end up in vain.
legendary
Activity: 3080
Merit: 1500
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 somewhat agree with that, but won't recommend 100% to bitcoin. However, considering the young age, you may want to go for a bigger percentage of your pocket money to be invested in bitcoin. But it is always better to have some liquid cash in hand to meet any urgent expenses that may come up for any reason.

Invest a major percentage of your pocket money in bitcoin which may reward you suitably because bitcoin has a huge upside potential if you can save up a significant amount, you may fund your future education with it. Also remember, education has no substitute. The more you educate yourself, the more return you will get in your future. 
hero member
Activity: 1176
Merit: 501
Young people is not going to invest all their money in anything thinking about the future because they need it now for their plans. Even if they live with their parents they will want to travel, go party and at one point rent a house. But still they could make small monthly investments. Take the amount they spend on a weekend or a small part of their salary and buy bitcoin every month to have it stored as a kind of pension plan or investment fund looking to the future. If the price continues to rise over the years they will obtain a good profitability.
hero member
Activity: 826
Merit: 502
I am earning myself and I am a young person and I am following your suggestion before your post here as I am sure that the price of bitcoin will increase higher in the future and if we will have some bitcoins from now then we will earn a high profit from it in the future and we will be millionaire and then we can start a business with that money.
sr. member
Activity: 644
Merit: 252
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.

Bitcoin is a great help but not everyone will understand bitcoin easily especially to non readers. Another thing is bitcoin needs internet connection but not all places here in the Philippines have a good internet connection especially to provinces so bitcoin is still not possible.
hero member
Activity: 2660
Merit: 551
If they don't have tutor maybe they are just wrecking their lives bitcoin is not a game where they can earn money for it they need to face too much risk from using this also they will knew about gambling. But when bitcoin introduce them well then let's support them well too.

Young people needs mentoring. I remember my Uncle back in the days saying this to me if I made a mistake. You need guidance in your life so that we will succeed. So bitcoin is no different. We should teach our kids or someone we care of so that they will have a good life in the future. We should tell them about investing at a young age and will support them even if they make mistakes a long the way.
legendary
Activity: 3318
Merit: 1133
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You cant tell then what they want with their money.
Young people this is just a suggestion dont take it seriously. Enjoy your lives as a young one. Dont be burden with such things.
If you really want to invest your money with bitcoin do it at your own accord.

If there are things you needed to buy for your own usage. Spend it.
hero member
Activity: 1372
Merit: 503
If they don't have tutor maybe they are just wrecking their lives bitcoin is not a game where they can earn money for it they need to face too much risk from using this also they will knew about gambling. But when bitcoin introduce them well then let's support them well too.
sr. member
Activity: 406
Merit: 250
Going all in in bitcoin and rely on parents? lol never put your egg in one basket, never invest or going all in into one thing. Yes bitcoin is good but if somehow bad thing happen, then what? you lose all your asset and will keep relying to your parent? and how much this young people could spare for bitcoin?

They don't really have to buy Bitcoin but rather earn it like here -- posting. But also it is good to buy Bitcoin and await for the rise of its price though it is not needed to go all in actually but rather than a portion since you have other expenses. You can spare some money for fun and save some of it in Bitcoin. That I think is a win-win situation for them and a wise enough decision.
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