Young people should go all in on bitcoin - page 73.

stripykitteh

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Quote from: Creepings on March 24, 2017, 06:43:42 PM

Quote from: N@p$t3r on March 24, 2017, 12:27:07 PM

"All in" is a big no no, amigo! I suggest that young people should study about bitcoins as early as now, that is the greatest investment they could have. It is a bad idea to invest with something that you do not understand. While learning bitcoins they could participate in this forum and join signature campaigns to earn bitcoins... let them start from there.

That is right, young people can absorb knowledge and studies quickly, but making young people go all in on bitcoin may also lead them to do something really unethical. Young people nowadays are always alert when you say it is money, and they can do almost anything about it.

You're one of those young people right?

I would think that most of the guys within this forum try to act cool stating that the youngin's doing Bitcoin is a good thing when it really isn't. The whole young people can make money much faster than old people is a myth. From my experience, most young people like to make some money then they spend it on things that have no value whatsoever within the later years. That is why most of the older people have families and could support people other than themselves rather than purchasing fast cars and things like that just for fun.

STT

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Quote from: X-ray on March 23, 2017, 11:01:46 PM

That's why they need more effort to gaining his life.
Some people in their twenties possible to buy a house with his own effort.

And finally all is not for the bitcoin.
Bitcoin = money, More people in these days realize it.

No I dont think its realistic for a large amount of people in their twenties to have any chance of owning a house. The way it has to be done now is to find a stepping stone to the actual house. So you need to find a way to not be paying rent and saving for the house, after a few years you will have enough for a deposit hopefully.
Ok so the obvious one is to stay with parents but thats a downer for most people. A friend of mine actually found he could buy a house boat (with the help of his new wife, its obviously better to share expenses if possible etc) and as its not land based it was cheaper to buy then even a flat. The only downside is to pay fees for mooring does act a bit like rent however its a good way to save before buying a normal house.

The other way Ive heard of is to build a mobile home, then ask to keep it on a friends land. As its temporary its much easier to get permission to stay somewhere and this tiny home can be towed with a car or small truck even if needed. Often a young person has to be mobile in their work and studies and so its hard to also save for a house without paying expensive rent. These are two ways possibly

Zenithar

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

Quote from: Podgor on March 23, 2017, 04:57:12 PM

I agree about Bitcoin being the future although I prefer not to collect money but invest and let them earn faster.
It is a great long term invest though, the only I can recommend to people.

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.

i am also in favour of long term investment, in fact in long term investment element of risk is always there, but can only make money from trading alt coin if can afford to take risk and invest bitcoin in trading alt coin or even can get some good profit by holding bitcoin simply.

pinkpanther03

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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.

Theres nothing wrong if you are concern or you want to educate young people about in bitcoin. But we cannot give them an order which is something they need to do. They have their own decision to choose, its up to them if they accept it or not, just simple as that. Then, truly, I agreed that at there young age once they become open into bitcoin it will be easy for them to see the catch and edge of bitcoin.

Creepings

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Quote from: N@p$t3r on March 24, 2017, 12:27:07 PM

"All in" is a big no no, amigo! I suggest that young people should study about bitcoins as early as now, that is the greatest investment they could have. It is a bad idea to invest with something that you do not understand. While learning bitcoins they could participate in this forum and join signature campaigns to earn bitcoins... let them start from there.

That is right, young people can absorb knowledge and studies quickly, but making young people go all in on bitcoin may also lead them to do something really unethical. Young people nowadays are always alert when you say it is money, and they can do almost anything about it.

Jasad

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= jasad =

Quote from: Casabrandy on March 22, 2017, 10:13:38 AM

Quote from: Jasad on March 22, 2017, 10:08:43 AM

Quote from: CODE200 on March 22, 2017, 09:25:58 AM

Why not? If you have nothing to lose within the whole day, if your out of school youth, if you are a typical type of a guy or a teenager who prioritize early earning why not ? Go for an all in to bitcoin. On the other hand in all of these there will be a contrary to the fact that those person or young people whose in to bitcoin are all average teenagers who's half of their life are in into schooling so there's 80% chances that they would not bet all in for bitcoin.

that is true , young people usually closely related to a bravery ,
brave to take a risk no matter how high it is ,
to think so fresh and smart in take any decision , earn money while studying isn't a wrong thing indeed ,
young people have a stronger will too , they will do everything to reach the goal.

Bitcoin will really be helpful especially to the youth and if they are into earning, there were times I calculated that if ever I started to use and save bitcoin in that year , I may be able to have such amount. This realization comes that investing and saving at young age will be really an advantage when get olders. For example , here in bitcoin talk being a Senior and Hero Member takes time.

young people knows how to exploit the opportunity with its spirit ,
less doubt and just do it on something ,
i remember when warren buffet place his first ever investment when he was 13 years old!
we can learn from him , and really applying the principle of "take a risk or get nothing!"

Karloff

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Quote from: ?? on ??

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.

Yes,thats a great idea.Youngsters could make their life secured by reaching 21 BTC holder group.For that to achieve,they have to save bitcoins on a long term basis without much worrying about the ups and downs in the price.

Young people will spend a lot of time on the Internet. Therefore, it is easy for them to use bitcoins. This coin is very popular with young people because of its anonymity and easy use

N@p$t3r

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"All in" is a big no no, amigo! I suggest that young people should study about bitcoins as early as now, that is the greatest investment they could have. It is a bad idea to invest with something that you do not understand. While learning bitcoins they could participate in this forum and join signature campaigns to earn bitcoins... let them start from there.

posternat

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Quote from: Podgor on March 23, 2017, 04:57:12 PM

I agree about Bitcoin being the future although I prefer not to collect money but invest and let them earn faster.
It is a great long term invest though, the only I can recommend to people.

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.

goldcoinminer

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Quote from: Text on March 24, 2017, 12:50:03 AM

What is your preffered age range that you consider as young? If it is a young at the same time a student, he should prioritize first his studies especially if he is in secondary but those who are already college they can enter the world of bitcoin if they can really handle all the responsibities without lossing anything like their professions.

There is no preferred age actually, there are young people but are matured already and they are old people that are still immature.
For someone to see the opportunity that bitcoin offers, he needs to be mature and age doesn't matter at all as there are plenty of young
people who are already rich in the crypto world, young people like ETH developer Vitalik.

Labumi

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Quote from: tambok on March 12, 2017, 10:38:39 AM

Quote from: DoublerHunter on March 12, 2017, 10:09:20 AM

Going all in on bitcoin for young people is the worst thing that they can do because now the price is very high and the question is, where they can find source of money to be able to go all in on this kind of investment. This thing is just for people who are rich and doesn't care for their future and also for those people who are greedy but it is advisable to don't go all in because that is worst and very risky.

if they can just reasonably explain this thing to their parents of course the parents would understand this just let them do their own research and if possible make some proof by trading small amount and let it see for more than a month. If the parent won't allow their children then just respect them.

Exactly once. most parents will definitely give ijinya to his son who is indeed doing something useful and give you an advantage for his son. So if indeed parents haven't learned in detail about whatever he is sure they will worry and forbade to pass it through and the most powerful way to get ijinnya is to tell what we're working on 100% then they will allow the and is sure there will be some requirement to do

nara1892

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Quote from: ethereumhunter on March 24, 2017, 01:01:49 AM

Quote from: ufaiz50 on March 23, 2017, 08:59:04 PM

maybe it was a good idea and also can be a savings if there is a sudden situation that led to financial problems but as the currency bitcoin does not always have a smooth prospects in the future. anything can be happen

its still not good idea for young people to go all in on bitcoin because if they are unemployment then they can not buy something for their life but its different if they are work for part time because its mean they can use their money from part time to buy bitcoin and make the other money for their own life so they can have two benefits from using their money.

even the young people are freelancers, 100% money they earn should not use to buy bitcoin because probably they cannot buy daily needs by bitcoin in their country. why do not divided the money into two? one for bitcoin and the other one for daily life.

ethereumhunter

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Quote from: ufaiz50 on March 23, 2017, 08:59:04 PM

maybe it was a good idea and also can be a savings if there is a sudden situation that led to financial problems but as the currency bitcoin does not always have a smooth prospects in the future. anything can be happen

its still not good idea for young people to go all in on bitcoin because if they are unemployment then they can not buy something for their life but its different if they are work for part time because its mean they can use their money from part time to buy bitcoin and make the other money for their own life so they can have two benefits from using their money.

Text

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What is your preffered age range that you consider as young? If it is a young at the same time a student, he should prioritize first his studies especially if he is in secondary but those who are already college they can enter the world of bitcoin if they can really handle all the responsibities without lossing anything like their professions.

X-ray

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Quote from: STT on March 23, 2017, 05:58:32 PM

Quote from: X-ray on March 05, 2017, 01:25:26 AM

This is a bullshit. I need everything to keep my life. And But why is OP not suggesting to sell my house for buying bitcoin? This is a bullshit. All of my life is not about bitcoin. Every people have the different portion to invest on bitcoin with their financial power. To keep all of your money in bitcoin is not a good thing in this time.

He did say people living with their parents. Not many people in their twenties can afford to buy a house in the area they work in. Thats the whole point, young people no longer have the ability to earn and take part in the economy similar to their parents and grandparents. The point would be they have unique insight to the growth potential of bitcoin.

I dont agree with all in either. When people suggest gold as a counter to FIAT currency, its suggested no more then 10% be held and though its more fitting to take risks when younger and healthier I dont think much more then 10% for bitcoin is that good either. Have more then one string to your bow Tongue

That's why they need more effort to gaining his life.
Some people in their twenties possible to buy a house with his own effort.

And finally all is not for the bitcoin.
Bitcoin = money, More people in these days realize it.

maybtc

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Though bitcoin is getting more popular now but I do not see we should fully gamble with it.I don’t think you should put everything you have in one single form of investment.
Diversifying is still the safer way to go,when it comes to investment there should be a control that must be done and only put a certain percentage of your savings to investment,if you lose you will only lose a little portion of your savings.

rajasumi3

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Actually young people think bitcoins as a source of income .thats why they come to this signature campaign
On the way of learning they come to know about different schemes and ways to earn bitcoins and by using bitcoin credit card they can use it to pay their bills.

ufaiz50

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maybe it was a good idea and also can be a savings if there is a sudden situation that led to financial problems but as the currency bitcoin does not always have a smooth prospects in the future. anything can be happen

Yakamoto

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I don't know if it's a good idea for young adults to go all-in on something like Bitcoin, but getting them encouraged with it is definitely something that can be useful for them as they get experience with a pseudo-stock market and start to experience what it is like to earn and lose money on what is a mostly free market.

Plus the investment rewards can be quite lucrative for some.

STT

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Quote from: X-ray on March 05, 2017, 01:25:26 AM

This is a bullshit. I need everything to keep my life. And But why is OP not suggesting to sell my house for buying bitcoin? This is a bullshit. All of my life is not about bitcoin. Every people have the different portion to invest on bitcoin with their financial power. To keep all of your money in bitcoin is not a good thing in this time.

He did say people living with their parents. Not many people in their twenties can afford to buy a house in the area they work in. Thats the whole point, young people no longer have the ability to earn and take part in the economy similar to their parents and grandparents. The point would be they have unique insight to the growth potential of bitcoin.

I dont agree with all in either. When people suggest gold as a counter to FIAT currency, its suggested no more then 10% be held and though its more fitting to take risks when younger and healthier I dont think much more then 10% for bitcoin is that good either. Have more then one string to your bow Tongue

Topic: Young people should go all in on bitcoin - page 73. (Read 63400 times)