Young people should go all in on bitcoin - page 67.

ashour

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Quote from: X-ray on April 30, 2017, 09:11:09 PM

Quote from: angaper on April 30, 2017, 05:51:27 PM

I don't think it is a good idea, because there are lots of things that young people can do with money, especially in these times where modern technologies allow us to discover multiple opportunities to invest that capital, although buying and investing a certain proportion in bitcoins is not so bad.

I think bitcoin already being a good opportunity for the young people. It has offered easy opportunities to growth your investment. If you see the ethereum founder such as vitalik and i think if he was a young founder.

But never put all of the money in a basket can be a good advice for all of the people especially for the younger.

They can take more advantages rather than it.

I think young people are more into earning bitcoins instead of investing money in it as at that age I don't think they would be in position to invest money in bitcoins as they are young it would make hard for them to find a capital for an investment so they are trying to earning different ways.

X-ray

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Quote from: angaper on April 30, 2017, 05:51:27 PM

I don't think it is a good idea, because there are lots of things that young people can do with money, especially in these times where modern technologies allow us to discover multiple opportunities to invest that capital, although buying and investing a certain proportion in bitcoins is not so bad.

I think bitcoin already being a good opportunity for the young people. It has offered easy opportunities to growth your investment. If you see the ethereum founder such as vitalik and i think if he was a young founder.

But never put all of the money in a basket can be a good advice for all of the people especially for the younger.

They can take more advantages rather than it.

BitFinnese

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Quote from: n0ne on April 30, 2017, 07:18:35 AM

Quote from: gringoprivelege on April 28, 2017, 04:44:57 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.

What about old people? I think they should invest in BTC too. Their kids could use that extra money right?

BTC is a good investment for EVERYONE.

Bitcoin is for everyone, but the truth behind it is that young people understand it in a much better way in a short time than what the old people does. It needs some basic technical requirements to be learned which is an easy go task for younger generation. Also in terms of innovation they try and tend to make changes.

Depends on who the audience is. Old people who are technically equipped can learn better than young generation. Aside from that they have knowledge on economics more than this young kids. So do not underestimate the old geeks.

I agree that kids that do not have responsibility on family budget should go all in to bitcoin if they are able to know and have money for it. It will serve as savings until bitcoin have exponentially grow in price and sell them for fortune.

SaShiRaJaVu

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Quote from: rhamzter on April 30, 2017, 06:55:15 PM

Young people who want to join in bitcoin was not bad, but before they go all in Bitcoin maybe they should study first the bitcoin currency before they join it. Because it high risk if they cannot the usage and the value of this currency maybe in the future instead they earn income they lost all of their capital.

For anyone to invest in anything ,they have to learn about the potential and the growth perspective before making the call and the risk of investment is the same with everything as it only gives you the hope of multiplying your asset at a future time and taking calculated risk is always good to make a good return.

J9901

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Quote from: rhamzter on April 30, 2017, 06:55:15 PM

Young people who want to join in bitcoin was not bad, but before they go all in Bitcoin maybe they should study first the bitcoin currency before they join it. Because it high risk if they cannot the usage and the value of this currency maybe in the future instead they earn income they lost all of their capital.

No one will prefer to invest their money in something without doing any research and gaining knowledge about it and I think the users of bitcoin are mostly youngsters as youth is more interested in innovative technology and want to learn new things which may not be possible with older generation.

rhamzter

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Young people who want to join in bitcoin was not bad, but before they go all in Bitcoin maybe they should study first the bitcoin currency before they join it. Because it high risk if they cannot the usage and the value of this currency maybe in the future instead they earn income they lost all of their capital.

TheCoinGrabber

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I wouldn't risk all of my savings on bitcoins. What if the price drops below the price I bought it just when I need the money? I would say treat it as a separate saving to what you would hold in your bank. Money can be hard to earn.

angaper

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I don't think it is a good idea, because there are lots of things that young people can do with money, especially in these times where modern technologies allow us to discover multiple opportunities to invest that capital, although buying and investing a certain proportion in bitcoins is not so bad.

HEWRA

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I dont think that going all in on anything is a good idea, you will only risk your money, it is not necessary at all.

n0ne

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Quote from: gringoprivelege on April 28, 2017, 04:44:57 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.

What about old people? I think they should invest in BTC too. Their kids could use that extra money right?

BTC is a good investment for EVERYONE.

Bitcoin is for everyone, but the truth behind it is that young people understand it in a much better way in a short time than what the old people does. It needs some basic technical requirements to be learned which is an easy go task for younger generation. Also in terms of innovation they try and tend to make changes.

Pattart

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Quote from: tripplewarz on April 28, 2017, 04:49:16 AM

Quote from: gringoprivelege on April 28, 2017, 04:44:57 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.

What about old people? I think they should invest in BTC too. Their kids could use that extra money right?

BTC is a good investment for EVERYONE.

This is a good investment for everyone, but most older people are not very well versed in modern technologies and even fear them.

Yeah bitcoin is actually support for anyone. But parents usually do not want to learn about bitcoin. So they think that bitcoin is not for them. That's why bitcoin users are usually youths

X-ray

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Quote from: Renji Abarai on April 28, 2017, 08:01:48 AM

Quote from: VTCutch on April 28, 2017, 07:35:08 AM

Quote from: BeGoods on April 28, 2017, 06:15:58 AM

Quote from: gringoprivelege on April 28, 2017, 04:44:57 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.

What about old people? I think they should invest in BTC too. Their kids could use that extra money right?

BTC is a good investment for EVERYONE.

Lol is not good if using their child to work and earn money for his parents. Small children should learn instead of work.
It might not matter if they are young people

Young children need to be trained to earn money in the form of a game so that they are interested.

That is a good idea. Earning through game is a fun way to teach them about bitcoin. In addition it is not boring and they will not lose interest easily. But as of today's generation, young ones are immersed with technology at young age, I think their learning curve is good regarding cryptocurrency/online currency.

They're need a lot of education in school, They just waste a lot of the time for earning through game such as minecraft. Education is a must for them all. But will better just told a little knowledge about bitcoin is good inmy mind rather than give an advice to earning through faucet or game.

AK47-

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Quote from: SoulBargain on April 28, 2017, 10:12:11 AM

Quote from: AK47- on April 28, 2017, 09:59:56 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 am living with my parents and I am doing exactly what you suggested. I am in the habit of investing by earnings but not only in bitcoin. I invest in stocks and bonds too. Regarding every youngster should do that, it is individual's choice though. But your suggestion is good.

If you're thinking making this as your career then better think it more especially youngsters. This is a risky environment and not so stable. It is still better having a job in actual life and making this cryptocurrencies as an additional and alternative income. Well it is not for me to decide like as you said that it is individual's choice but keep in mind your priorities clearly by thinking it twice or even thrice together with the various factors then decide and pursue it. Best wishes!

Offcourse not. Right now I am studying. I am all clear about my future and career. Yes, I am in the habit of investment as my dad too invest but not in crypto. I dont invest all of my savings too. I invest only that I can afford to lose.

jak3

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its a totally valid point that bitcoin is the perfect long term investment and if anyone can handle that then they are truly the next elites, anyway as you said if you are like us then you would go all on bitcoins currently we can not do that. its right that our parents are taking care about our charges but we have to take care about using internet and paying its bills. no bill paying and there will be no internet. we are earning lot more than our mothly internet bills but we are buying assets which can help us in studying so I see no point of us to go fully on btc

cpfreeplz

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Quote from: lilit on April 28, 2017, 11:34:00 AM

Quote from: Hypnosis00 on April 28, 2017, 11:09:10 AM

Young people shout not go all in on bitcoin because it is very risky since they are young, they don't have enough knowledge about the bitcoin and also in the market so it will be such a loss if they go all in on doing investment thru bitcoin. It is better if they will just test the market by investing at least 1/4 of their money and get experience first.

Bitcoin is very good for beginners to learn how to invest, there is no need for any special knowledge. Just buy cheaper and sell when the price rises.

That's really over simplifying everything. If you start actually earning a wage with bitcoin or altcoin trading you'll be subject to your country's tax law regarding capital gains. If you aren't claiming your capital gains you're really shooting yourself in the foot for the future if you get good at trading because you'll be in crap for the past when you didn't claim it.

lilit

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Quote from: Hypnosis00 on April 28, 2017, 11:09:10 AM

Young people shout not go all in on bitcoin because it is very risky since they are young, they don't have enough knowledge about the bitcoin and also in the market so it will be such a loss if they go all in on doing investment thru bitcoin. It is better if they will just test the market by investing at least 1/4 of their money and get experience first.

Bitcoin is very good for beginners to learn how to invest, there is no need for any special knowledge. Just buy cheaper and sell when the price rises.

Hypnosis00

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Young people shout not go all in on bitcoin because it is very risky since they are young, they don't have enough knowledge about the bitcoin and also in the market so it will be such a loss if they go all in on doing investment thru bitcoin. It is better if they will just test the market by investing at least 1/4 of their money and get experience first.

Ashong Salonga

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Quote from: thunderbitz2717 on April 28, 2017, 09:49:48 AM

Quote from: FlightyPouch on March 04, 2017, 09:31:54 PM

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.

It may be right, but I think you are just provoking young people. They decide what they want to do.And parents will not accept this way unless the parents are also doing these kind of living. But it is really risky trusting in this digital currency.

Yeah, I agreed on you all individuals here had their own free will to decide for themselves about what they want it to do. Besides they are still young and most of their mind focus in entertainment or etc. Though your intentions was good but your way is not helping anyway, I think.

Describing young doesn't mean a kid. It can be teen/ or older also. Thus, it's enough age for them to know what their interest is and also to allow them do worth it things instead of focusing on entertainment. I didn't say that entertainment is not worth it but we can still do better thing though we are young. It's a matter of choice if thou shall initiate focusing on that thing or not.

SoulBargain

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Quote from: AK47- on April 28, 2017, 09:59:56 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 am living with my parents and I am doing exactly what you suggested. I am in the habit of investing by earnings but not only in bitcoin. I invest in stocks and bonds too. Regarding every youngster should do that, it is individual's choice though. But your suggestion is good.

If you're thinking making this as your career then better think it more especially youngsters. This is a risky environment and not so stable. It is still better having a job in actual life and making this cryptocurrencies as an additional and alternative income. Well it is not for me to decide like as you said that it is individual's choice but keep in mind your priorities clearly by thinking it twice or even thrice together with the various factors then decide and pursue it. Best wishes!

AK47-

sr. member

Activity: 644

Merit: 250

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 am living with my parents and I am doing exactly what you suggested. I am in the habit of investing by earnings but not only in bitcoin. I invest in stocks and bonds too. Regarding every youngster should do that, it is individual's choice though. But your suggestion is good.

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