Topic: Young people should go all in on bitcoin - page 7. (Read 63390 times)
I do not think there's a reason that young people should invest all their possessions in the world, because they do not know all about bitcoin so they do not know about the risks
All in? HELL NO, nobody should go all in, regardless of age. Taking higher risks when younger--that's all well and good. But going all-in on anything crypto is a recipe for bankruptcy. I wouldn't even allocate 20% to crypto. You'd have to be crazy to go even half-in, and I say that as a person who likes bitcoin. A lot. It's just way too risky.
Provoking young people to focus on bitcoin I think won't be an effective thing to do. There are more important things to be prioritized first rather than bitcoin. Young people should focus more on their studies to get a good and stable job someday.
Young people loves to have fun and live an easy life, focusing in bitcoin requires you to consider it as your passion and when it's your passion you will love what you are doing and you will spend a lot of time doing things that would give you money.
Young people need to be educated to prepare them to the future. Remember that education is best investment to our child. They don’t need to risk to bitcoin as an young people. They can do bitcoin I guess 18+ of them age so that they are aware what happened to the sounding and to helps their family
Young people should go all in on bitcoin It depends to the situation of the young people if the young people have no longer parents or their parents pass away she or he rely only to the guardian she or he need to do some job and I think bitcoin can help the young people to have an income to save them life and not rely to their guardian.
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.
yes good point, as long as parents of young people feed them, if they know bitcoin the should hold it because they still have a lot of time to gain from bitcoin unlike adult guys need money to help their family in financial expenses. 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.
All in? HELL NO, nobody should go all in, regardless of age. Taking higher risks when younger--that's all well and good. But going all-in on anything crypto is a recipe for bankruptcy. I wouldn't even allocate 20% to crypto. You'd have to be crazy to go even half-in, and I say that as a person who likes bitcoin. A lot. It's just way too risky.
Provoking young people to focus on bitcoin I think won't be an effective thing to do. There are more important things to be prioritized first rather than bitcoin. Young people should focus more on their studies to get a good and stable job someday.
What do you mean go all in into an asset whose value isn't fixed and which isnt protected by the legal systems in most countries? That's just terrible advice.
What a reckless and thoughtless advice, why would young people do that? that's so irresponsible, you can teach them but let them decide what they really want. Yeah I know BTC is promising, but I don't want young ones revolve there life around the BTC, let them enjoy there life, let them make tons of mistakes and learn from it, but not this.
Yes,young people should go all in on bitcoin beacause this is instant awards. Young people enjoy Doing bitcoin even it is too hard to join in campaign. They go all in on bitcoin because they want to spend their time in doing bitcoin Instead of playing online games . Even they are young, they can help theirselves in making money in this situation ..
That was a very wrong move mate even we consider that you are still in the hands of you parents. Bitcoins in despite of instant money for a time there are many consequences that you need to know. They should know how to invest in the right ways.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. 
Young people are more capables to understand Bitcoin easily and deal with it without any issue usually. But in fact, Bitcoin is available for everyone regardless the age or the category. The problem that many old people even in the developped countries still not comfortable with connecting and working online, and have so many doubts about digital currencies.
Bitcoin is really for everyone but if you started young here you have the advantage of accumulating bitcoin at the very cheap price, if there's a youth and want to earn some good money then tell them about the opportunity we have in bitcoin. Young people should use this time as the technology gets more hi-tech when time past by they should look for other opportunities outside and bitcoin is good example of that.
Starting bitcoin when it is young is certainly a very good thing, they will be successful and rich without waiting for old. Moreover, bitcoin has been proven to make many successful people and bitcoin a hope for the future of us all.
I'm a young person and I think that going in bitcoin is nice but never forget on your dreams on life, bitcoin is very sufficient to use to become part time job in week days and holidays it is a great source of income for all teenagers like me, and to avoid financial problems on our schools, as a teenager going in bitcoin is fun because it make me realize how money is important, all of my knowledge of bitcoin will help me on college because it was probably help me in the business course that I choose.
As being part of the young, I really think that it is nice to save the excess allowance that I have and invest it to something, bitcoin is a really nice investment because it's value is not stagnant. It's risky I know, that's why I need to gain more knowledge before placing everything on the table.
If you believe in bitcoin and you think value will continue go up, than all people (young/old) should invest in bitcoin.
I would however never go all in and also diversify my portfolio to lower the risk.
I would however never go all in and also diversify my portfolio to lower the risk.
in their young age they didn't know what they doing if they go all in on bitcoin. many younger people have freedom to settle their own life even if in young age. their choice must be aware in all things happen in their life. and in my own opinion young people don't have space in bitcoin because study first before anything else.
Young generation today i think is smarter. The age range 17-30 is being brilliant in the act. So, maybe without we teaching about bitcoin. They even understand and use it better than us. Set aside pocket money little by little in bitcoin, will not be felt.
You have a point. Even kids nowadays can understand what bitcoin, but of course not all. It depends on what the child's passion is. If they're into technology, or computer literate, they're the one who can easily understand about it. Just like my little brother. I was really surprised when I mentioned bitcoin with my mom, and he was like "Oh I know a bit about it". And he was only 11 years old. And my mom told me that I should teach him about bitcoin. And I was like "for real?!" I just can't imagine my brother earning bitcoin at a young age.
Bitcoin and its underlying concept blockchain is technological advancement. As it happens with all progressive mile points younger people learn and adapt to them a lot easier than older peoples. That is why BTC and altcoins users are exploited mainly by younger people today as they are more familiar with technology (computers, phones etc). Just imagine trying to explain a ledger or an e-wallet to an older person. Most of them cannot grasp a simple idea like that or even if they understand it they deny it as a concept altogether. That is why blockchain technology is the perfect ground for all youngs to thrive in it economically, technologically. However, exactly because this world is dominated by young people it is full of scams, unstability and crypto currency fluctuates more than fiat. So, yes invest but first of all search, ask and read before making any decisions. Knowledge is everything.
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.
Since young people are very privelage,they are living with their parents they do not have monthly bills or they did not have minimal monthly due.Therefore they should invest on bitcoin since the value of bitcoin increases from time to time.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.
Young people are more capables to understand Bitcoin easily and deal with it without any issue usually. But in fact, Bitcoin is available for everyone regardless the age or the category. The problem that many old people even in the developped countries still not comfortable with connecting and working online, and have so many doubts about digital currencies.
Jump to: