Young people should go all in on bitcoin - page 71.

yrreg ger

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Quote from: cellard on March 04, 2017, 08:28:10 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.

Indeed it is a great privilege to start earning bitcoin while young or to start earning as soon as possible. This year, the price of the bitcoin gets higher and higher which is great for all of us. But for me, even if it is a great advantage to start at a young age, I still worry about the fact that being young sometimes leads to decisions that are not well thought-out. Young minds are so curious about everything and wants to try everything which I am afraid that may lead to cases like gambling addiction and incautiousness in trading. For me, young minds or young people needs proper introduction on what and where bitcoin is for.

@prashant

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Quote from: gabmen on April 10, 2017, 09:13:57 AM

Quote from: AlexM on April 10, 2017, 08:37:00 AM

Quote from: The Sceptical Chymist on March 04, 2017, 08:57:39 PM

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.

As someone who went all in (100% of my portfolio, I still had a 10% of my money to cover unforseen expenses) I can confirm it is crazy, it is risky but weeks of being 90% down are long gone. I started taking out my initial fiat investment every year since and I still have over half my coins.
People should take calculated risks.

You're right there though i can't say that putting most of your money in btc would be a highly calculated risk. I think around 40-50% would already be high enough and i don't want to compromise my expenses for that kind of risk.

First of all investing in bitcoin for long term is no good,if your thinking of investing in crypto for now then go for ethereum as many huge companies are focusing on ethereum blockchain so it has good future.second invest only that much that you can afford to loose,its better to invest in capital in good area as there price will increase only.

Aleister Crowley

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Quote from: meemiinii on April 10, 2017, 04:54:09 AM

Quote from: JENREM on April 10, 2017, 04:23:11 AM

Quote from: susila_bai on April 10, 2017, 03:51:21 AM

Quote from: LastKiss on April 10, 2017, 03:27:39 AM

Quote from: loges on April 10, 2017, 03:01:30 AM

Quote from: Ayiranorea on April 10, 2017, 02:38:00 AM

Quote from: chineseprancing on April 09, 2017, 09:28:58 PM

Quote from: fathur.aza on April 09, 2017, 09:01:41 PM

I will go

Young people needs to learn lot of things and we should not yet required them to earn money.
For me if young people not send to school and they only do playing in computer games then much better to make earnings in bitcoin and i think they will be rich someday in their early stage of their life.

But every young population is not attracted towards computer and related activities. I believe in reality a good understanding is a must, so that users without any distraction will focus on learning about bitcoin which has the potential to give life changing experience. Another thing with young people is that it needs some basic understanding on computer which is easy for younger generation.

Younger generation is already into the internet world and with existence of smart phones it has become much easier to get connected to the world but the only issue is they are very much busy in spending their time on useless things like playing games, watching videos and etc so they should spend time online on productive things.

Indeed, many of them already have access to internet but unfortunately they only care about how to become "famous" in real life rather than knowing this awesome bitcoin. so making them attracted to bitcoin is really hard more getting hard if they had lame of intention.

I dont think that it is hard to get them attracted to bitcoins, it is just you have to give them the full details about bitcoins and its worthiness , and should guide them that how they can become independent from financial problems and make their friends also believe in bitcoin and how they all can get benefited by the cryptocurrency world. And it will also make them famous if they all start a new venture using cryptocurrency developed by them in real life also.

@ susila_bai, agree so much with you. young ones now are so into technology so this will never be hard to endorse this to them. and this may attract them and if we will try to introduce to them that thru bitcoin they can really earn money maybe they will try this one. they only have to understand the basics and how they can earn in bitcoins.

good point! yes, bitcoin is not hard for us to be able to introduce to the youths nowadays. they were already have so much exposure to the technology so i think this will not give them a hard time to understand about bitcoin provided that they were being educated on what bitcoin is. moreover. i believe that these youths must engage in bitcoin since it will really give them an extra bucks to spend to their wants and need. actually i have a friend, and his only 13 years old and he earns 50$ in one week just joining the signature campaign not to mentions his earnings from trading. now he was able to but those gadgets and other thing ha desires to.

maybe not everyone can do what we do with bitcoin, long sitting in front of a laptop, read and oversee bitcoin,, maybe it was quite boring for others,, they prefer to play online games, read news online, watch movies,,, I think this is just about the intentions and interests, although bitcoin can make money, but gamers also have a large income, YouTube, blogger and lainya..tapi in bitcoin we can get a lot of things other than money, such as the ability to trade, observe charts, study investment , and can get a lot of friends here .. if you ask me .. what young people have to go to Bitcoin, I think yes. because Bitcoin is very good business opportunities.. much knowledge in bitcoin,, but,, I just think objectively in this case ... but other than that, I agree with you all ... Cool

gabmen

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Quote from: AlexM on April 10, 2017, 08:37:00 AM

Quote from: The Sceptical Chymist on March 04, 2017, 08:57:39 PM

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.

As someone who went all in (100% of my portfolio, I still had a 10% of my money to cover unforseen expenses) I can confirm it is crazy, it is risky but weeks of being 90% down are long gone. I started taking out my initial fiat investment every year since and I still have over half my coins.
People should take calculated risks.

You're right there though i can't say that putting most of your money in btc would be a highly calculated risk. I think around 40-50% would already be high enough and i don't want to compromise my expenses for that kind of risk.

AlexM

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Quote from: The Sceptical Chymist on March 04, 2017, 08:57:39 PM

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.

As someone who went all in (100% of my portfolio, I still had a 10% of my money to cover unforseen expenses) I can confirm it is crazy, it is risky but weeks of being 90% down are long gone. I started taking out my initial fiat investment every year since and I still have over half my coins.
People should take calculated risks.

kikeda

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Quote from: JENREM on April 10, 2017, 04:23:11 AM

Quote from: susila_bai on April 10, 2017, 03:51:21 AM

Quote from: LastKiss on April 10, 2017, 03:27:39 AM

Quote from: loges on April 10, 2017, 03:01:30 AM

Quote from: Ayiranorea on April 10, 2017, 02:38:00 AM

Quote from: chineseprancing on April 09, 2017, 09:28:58 PM

Quote from: fathur.aza on April 09, 2017, 09:01:41 PM

I will go

Young people needs to learn lot of things and we should not yet required them to earn money.
For me if young people not send to school and they only do playing in computer games then much better to make earnings in bitcoin and i think they will be rich someday in their early stage of their life.

But every young population is not attracted towards computer and related activities. I believe in reality a good understanding is a must, so that users without any distraction will focus on learning about bitcoin which has the potential to give life changing experience. Another thing with young people is that it needs some basic understanding on computer which is easy for younger generation.

Younger generation is already into the internet world and with existence of smart phones it has become much easier to get connected to the world but the only issue is they are very much busy in spending their time on useless things like playing games, watching videos and etc so they should spend time online on productive things.

Indeed, many of them already have access to internet but unfortunately they only care about how to become "famous" in real life rather than knowing this awesome bitcoin. so making them attracted to bitcoin is really hard more getting hard if they had lame of intention.

I dont think that it is hard to get them attracted to bitcoins, it is just you have to give them the full details about bitcoins and its worthiness , and should guide them that how they can become independent from financial problems and make their friends also believe in bitcoin and how they all can get benefited by the cryptocurrency world. And it will also make them famous if they all start a new venture using cryptocurrency developed by them in real life also.

@ susila_bai, agree so much with you. young ones now are so into technology so this will never be hard to endorse this to them. and this may attract them and if we will try to introduce to them that thru bitcoin they can really earn money maybe they will try this one. they only have to understand the basics and how they can earn in bitcoins.

Yes and its good to ask them to start earning bitcoins by joining signature campaign as that is the easiest way to earn bitcoins and later on they can discover many other ways of earning bitcoins depending on the skills that they hold.

meemiinii

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Quote from: JENREM on April 10, 2017, 04:23:11 AM

Quote from: susila_bai on April 10, 2017, 03:51:21 AM

Quote from: LastKiss on April 10, 2017, 03:27:39 AM

Quote from: loges on April 10, 2017, 03:01:30 AM

Quote from: Ayiranorea on April 10, 2017, 02:38:00 AM

Quote from: chineseprancing on April 09, 2017, 09:28:58 PM

Quote from: fathur.aza on April 09, 2017, 09:01:41 PM

I will go

Young people needs to learn lot of things and we should not yet required them to earn money.
For me if young people not send to school and they only do playing in computer games then much better to make earnings in bitcoin and i think they will be rich someday in their early stage of their life.

But every young population is not attracted towards computer and related activities. I believe in reality a good understanding is a must, so that users without any distraction will focus on learning about bitcoin which has the potential to give life changing experience. Another thing with young people is that it needs some basic understanding on computer which is easy for younger generation.

Younger generation is already into the internet world and with existence of smart phones it has become much easier to get connected to the world but the only issue is they are very much busy in spending their time on useless things like playing games, watching videos and etc so they should spend time online on productive things.

Indeed, many of them already have access to internet but unfortunately they only care about how to become "famous" in real life rather than knowing this awesome bitcoin. so making them attracted to bitcoin is really hard more getting hard if they had lame of intention.

I dont think that it is hard to get them attracted to bitcoins, it is just you have to give them the full details about bitcoins and its worthiness , and should guide them that how they can become independent from financial problems and make their friends also believe in bitcoin and how they all can get benefited by the cryptocurrency world. And it will also make them famous if they all start a new venture using cryptocurrency developed by them in real life also.

@ susila_bai, agree so much with you. young ones now are so into technology so this will never be hard to endorse this to them. and this may attract them and if we will try to introduce to them that thru bitcoin they can really earn money maybe they will try this one. they only have to understand the basics and how they can earn in bitcoins.

good point! yes, bitcoin is not hard for us to be able to introduce to the youths nowadays. they were already have so much exposure to the technology so i think this will not give them a hard time to understand about bitcoin provided that they were being educated on what bitcoin is. moreover. i believe that these youths must engage in bitcoin since it will really give them an extra bucks to spend to their wants and need. actually i have a friend, and his only 13 years old and he earns 50$ in one week just joining the signature campaign not to mentions his earnings from trading. now he was able to but those gadgets and other thing ha desires to.

JENREM

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Quote from: susila_bai on April 10, 2017, 03:51:21 AM

Quote from: LastKiss on April 10, 2017, 03:27:39 AM

Quote from: loges on April 10, 2017, 03:01:30 AM

Quote from: Ayiranorea on April 10, 2017, 02:38:00 AM

Quote from: chineseprancing on April 09, 2017, 09:28:58 PM

Quote from: fathur.aza on April 09, 2017, 09:01:41 PM

I will go

Young people needs to learn lot of things and we should not yet required them to earn money.
For me if young people not send to school and they only do playing in computer games then much better to make earnings in bitcoin and i think they will be rich someday in their early stage of their life.

But every young population is not attracted towards computer and related activities. I believe in reality a good understanding is a must, so that users without any distraction will focus on learning about bitcoin which has the potential to give life changing experience. Another thing with young people is that it needs some basic understanding on computer which is easy for younger generation.

Younger generation is already into the internet world and with existence of smart phones it has become much easier to get connected to the world but the only issue is they are very much busy in spending their time on useless things like playing games, watching videos and etc so they should spend time online on productive things.

Indeed, many of them already have access to internet but unfortunately they only care about how to become "famous" in real life rather than knowing this awesome bitcoin. so making them attracted to bitcoin is really hard more getting hard if they had lame of intention.

I dont think that it is hard to get them attracted to bitcoins, it is just you have to give them the full details about bitcoins and its worthiness , and should guide them that how they can become independent from financial problems and make their friends also believe in bitcoin and how they all can get benefited by the cryptocurrency world. And it will also make them famous if they all start a new venture using cryptocurrency developed by them in real life also.

@ susila_bai, agree so much with you. young ones now are so into technology so this will never be hard to endorse this to them. and this may attract them and if we will try to introduce to them that thru bitcoin they can really earn money maybe they will try this one. they only have to understand the basics and how they can earn in bitcoins.

susila_bai

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Quote from: LastKiss on April 10, 2017, 03:27:39 AM

Quote from: loges on April 10, 2017, 03:01:30 AM

Quote from: Ayiranorea on April 10, 2017, 02:38:00 AM

Quote from: chineseprancing on April 09, 2017, 09:28:58 PM

Quote from: fathur.aza on April 09, 2017, 09:01:41 PM

I will go

Young people needs to learn lot of things and we should not yet required them to earn money.
For me if young people not send to school and they only do playing in computer games then much better to make earnings in bitcoin and i think they will be rich someday in their early stage of their life.

But every young population is not attracted towards computer and related activities. I believe in reality a good understanding is a must, so that users without any distraction will focus on learning about bitcoin which has the potential to give life changing experience. Another thing with young people is that it needs some basic understanding on computer which is easy for younger generation.

Younger generation is already into the internet world and with existence of smart phones it has become much easier to get connected to the world but the only issue is they are very much busy in spending their time on useless things like playing games, watching videos and etc so they should spend time online on productive things.

Indeed, many of them already have access to internet but unfortunately they only care about how to become "famous" in real life rather than knowing this awesome bitcoin. so making them attracted to bitcoin is really hard more getting hard if they had lame of intention.

I dont think that it is hard to get them attracted to bitcoins, it is just you have to give them the full details about bitcoins and its worthiness , and should guide them that how they can become independent from financial problems and make their friends also believe in bitcoin and how they all can get benefited by the cryptocurrency world. And it will also make them famous if they all start a new venture using cryptocurrency developed by them in real life also.

LastKiss

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Quote from: loges on April 10, 2017, 03:01:30 AM

Quote from: Ayiranorea on April 10, 2017, 02:38:00 AM

Quote from: chineseprancing on April 09, 2017, 09:28:58 PM

Quote from: fathur.aza on April 09, 2017, 09:01:41 PM

I will go

Young people needs to learn lot of things and we should not yet required them to earn money.
For me if young people not send to school and they only do playing in computer games then much better to make earnings in bitcoin and i think they will be rich someday in their early stage of their life.

But every young population is not attracted towards computer and related activities. I believe in reality a good understanding is a must, so that users without any distraction will focus on learning about bitcoin which has the potential to give life changing experience. Another thing with young people is that it needs some basic understanding on computer which is easy for younger generation.

Younger generation is already into the internet world and with existence of smart phones it has become much easier to get connected to the world but the only issue is they are very much busy in spending their time on useless things like playing games, watching videos and etc so they should spend time online on productive things.

Indeed, many of them already have access to internet but unfortunately they only care about how to become "famous" in real life rather than knowing this awesome bitcoin. so making them attracted to bitcoin is really hard more getting hard if they had lame of intention.

panganib999

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Quote from: cellard on March 04, 2017, 08:28:10 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 agree there's a new speculation that the bitcoin will reach 50,000$ by 2030 so my age in that case is about 30 so I am agree that we should save bitcoin at least 1-10bitcoin before our maturity age or while in school because by saving bitcoin we will have a brighter future when we go all out in bitcoin.

loges

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Quote from: Ayiranorea on April 10, 2017, 02:38:00 AM

Quote from: chineseprancing on April 09, 2017, 09:28:58 PM

Quote from: fathur.aza on April 09, 2017, 09:01:41 PM

I will go

Young people needs to learn lot of things and we should not yet required them to earn money.
For me if young people not send to school and they only do playing in computer games then much better to make earnings in bitcoin and i think they will be rich someday in their early stage of their life.

But every young population is not attracted towards computer and related activities. I believe in reality a good understanding is a must, so that users without any distraction will focus on learning about bitcoin which has the potential to give life changing experience. Another thing with young people is that it needs some basic understanding on computer which is easy for younger generation.

Younger generation is already into the internet world and with existence of smart phones it has become much easier to get connected to the world but the only issue is they are very much busy in spending their time on useless things like playing games, watching videos and etc so they should spend time online on productive things.

Ayiranorea

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Quote from: chineseprancing on April 09, 2017, 09:28:58 PM

Quote from: fathur.aza on April 09, 2017, 09:01:41 PM

I will go

Young people needs to learn lot of things and we should not yet required them to earn money.
For me if young people not send to school and they only do playing in computer games then much better to make earnings in bitcoin and i think they will be rich someday in their early stage of their life.

But every young population is not attracted towards computer and related activities. I believe in reality a good understanding is a must, so that users without any distraction will focus on learning about bitcoin which has the potential to give life changing experience. Another thing with young people is that it needs some basic understanding on computer which is easy for younger generation.

White Christmas

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Yes young people should go all in on bitcoim because teenagers today are always using there mobile phones or computers so they can also use bitcoin because bitcoin are need to use by phones and computers. And many young people could be interested in using bitcoin because money is involved.

Format.C^

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Quote from: Schuyler on April 10, 2017, 12:44:44 AM

Quote from: ImHash on April 09, 2017, 09:49:28 PM

Old much?

living with parents you'll need to pay your shares in rent/ bills/ daily expenses not to mention education costs, stuff you'd like to buy for yourself, spend some on friends (with and without benefits) now you've done a really great job if figured how to earn for the things above then what will be left to invest on bitcoin?
But if you're already a spoiled child with rich parents then yes you have a rare opportunity to be a part of the future generation/ modern and technologically advanced generation.
Most of the people are stupid though and they'll never understand what potentials bitcoin has.

It is not that people are stupid just because they haven't heard of bitcoin yet. What you don't know doesn't really make you stupid right away. I have a few bitcoins I am willing to hold for a period of time but that doesn't make me a genius. I also have other investments just so I have other sources of additional income, just in case my bitcoin investments fail me, one way or another.

yes and even in the past we never heard about bitcoins but that doesn't make us stupid and we should be thankful to those people who introduced us to bitcoins and we should continue this chain and should make people around us aware about bitcoins.

Schuyler

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Quote from: ImHash on April 09, 2017, 09:49:28 PM

Old much?

living with parents you'll need to pay your shares in rent/ bills/ daily expenses not to mention education costs, stuff you'd like to buy for yourself, spend some on friends (with and without benefits) now you've done a really great job if figured how to earn for the things above then what will be left to invest on bitcoin?
But if you're already a spoiled child with rich parents then yes you have a rare opportunity to be a part of the future generation/ modern and technologically advanced generation.
Most of the people are stupid though and they'll never understand what potentials bitcoin has.

It is not that people are stupid just because they haven't heard of bitcoin yet. What you don't know doesn't really make you stupid right away. I have a few bitcoins I am willing to hold for a period of time but that doesn't make me a genius. I also have other investments just so I have other sources of additional income, just in case my bitcoin investments fail me, one way or another.

X-ray

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Quote from: DoublerHunter on April 09, 2017, 02:48:15 AM

Quote from: SHAWN-MIDWAYS on April 09, 2017, 02:19:40 AM

Quote from: posternat on March 24, 2017, 12:20:24 PM

Long invest is really good especially when ypu started to invest at your young age and together with bitcoin you will grow. You gonna earn lots of money investing you whole to bitcoin but do not regret if time comes that bitcoin will go slow because in patience it will grow further than it seems.

We all have to adapt to the changing environment and an early investment can help finance all your financial needs in the future when its most needed and we are off the parents pockets.

But investing in bitcoin for a long time is now risky because of ease of manipulation of btc price which can be a loss or profit when you want to cash in your investment.

The manipulation in bitcoin is not that too easy because the price now is getting higher and higher and the volume of the users and the investors are keep growing even bigger so i don't think it will be easy for manipulators to manipulate bitcoin. If you really want a good portfolio then you should add bitcoin to it and it will give you great profits in terms of long term investment.

There are various kind about the manipulation, the price rate will not give a lot of the impact for the manipulators although it shall go to the another ath, but in my opinion, to make a manipulation to the bitcoin and the party must gain more powers through doing a collusion with another party which mean if the manipulation will be easy if they're doing it by collusion.

ImHash

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Old much?

living with parents you'll need to pay your shares in rent/ bills/ daily expenses not to mention education costs, stuff you'd like to buy for yourself, spend some on friends (with and without benefits) now you've done a really great job if figured how to earn for the things above then what will be left to invest on bitcoin?
But if you're already a spoiled child with rich parents then yes you have a rare opportunity to be a part of the future generation/ modern and technologically advanced generation.
Most of the people are stupid though and they'll never understand what potentials bitcoin has.

ethereumhunter

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young people have the best option to buy bitcoin if they still live with their parents and they don't spend their money for buying need in daily. i think its the best thing that young people can do to invest their money in bitcoin while they go to school or college, i think if they are finish their study and in that time, bitcoin price is increase, then i am sure that they will be rich by selling their btc. still this is an opportunity for young people for who realize about the new technology in front of them.

chineseprancing

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Quote from: fathur.aza on April 09, 2017, 09:01:41 PM

I will go

Young people needs to learn lot of things and we should not yet required them to earn money.
For me if young people not send to school and they only do playing in computer games then much better to make earnings in bitcoin and i think they will be rich someday in their early stage of their life.

Topic: Young people should go all in on bitcoin - page 71. (Read 63400 times)