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Topic: Young people should go all in on bitcoin - page 74. (Read 63400 times)

sr. member
Activity: 407
Merit: 250
SELLING AMAZON
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.
full member
Activity: 120
Merit: 100
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. I even know one young person , 18, who's almost doing just that. I'm saying "almost", because she's not exactly going all in, but everything she can she invests in BTC, it's about 40% of her monthly income. I think she's doing the right thing and won't regret it in the future.
If such interest is given to invest in bitcoin, then this is a positive moment, but I would like to know where this confidence in future revenues comes from. With my meager salary, 40% for me is a very huge amount of money. I would not risk it.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
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. I even know one young person , 18, who's almost doing just that. I'm saying "almost", because she's not exactly going all in, but everything she can she invests in BTC, it's about 40% of her monthly income. I think she's doing the right thing and won't regret it in the future.
legendary
Activity: 2912
Merit: 1068
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Nothing can't be achieved over knight and I agree that many people just don't have enough patience and want to gain everything instantly, including large amount of Bitcoins. Things take time and planning, including the reserve plan. Saving Bitcoins is good idea and can help to young people who often don't have any other resources.
hero member
Activity: 1274
Merit: 622
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 totally agree with you, I live with my parents and planning on saving BTC's, because I don't see any other investments, that could be better. I knew about bitcoin about 4 years ago, when its price was about 30-40$, I guess, and my friend told me that bitcoin is the future and I should buy some of them and start using it. What I thought was: "why should I invest SO MUCH money for something so unreliable, I don't even know how much will it set me back". Now I really regret it, but it is never late to start.)
legendary
Activity: 938
Merit: 1002
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.
Most of young people these days tend to try and find an easy way to do things, not just earning money doing everything, and bitcoin provides them with an easy way to earn money and cover all their need, but going all in bitcoin like dropping out of college and clear all the day earning bitcoin is not a wise thing, people should always have a backup plan in case the bitcoin goes down and does not live up to their expectations or in case they mess up and lose all their money.
hero member
Activity: 1078
Merit: 514
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.
To buy bitcoins really would not suit to young people and to many of adults also. But I think bitcoin can become a good option for teenagers to make some money as any other underworking. For example to join a signature campaign or elementary faucet.
legendary
Activity: 3234
Merit: 1214
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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.

"Where they can find source of money to be able to go all in on this kind of investment?"
I guess, having bitcoin now is easy, just render service and ask you to pay in bitcoin, it does not matter if you are young or old as long as you are capable to do and render service, and also here in the forum, signature campaign can give you money weekly, and can start your investment.
This is possible to some extend, because two in ten might be aware of digital currency and related services. Now if you render service to a person who is unaware of bitcoin and ask him to pay in bitcoin, surely he won't come to you. So based on the person we need to do, if he's ready to pay with fiat get it. Nothing is going to happen as we can convert fiat to bitcoin instantly without any complications.
hero member
Activity: 588
Merit: 500
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.

"Where they can find source of money to be able to go all in on this kind of investment?"
I guess, having bitcoin now is easy, just render service and ask you to pay in bitcoin, it does not matter if you are young or old as long as you are capable to do and render service, and also here in the forum, signature campaign can give you money weekly, and can start your investment.
hero member
Activity: 560
Merit: 502
Bitcoin isn't the only opportunity in the whole world.

Maybe sometimes, its good to remember that.

 Smiley
We understand that. Bitcoin is not the only way. It is even more dangerous to hold when hard fork eventuality is getting closer.
But so far bitcoin is proven to had history of constant growth and unless something disastrous happens it will grow even more.
Can you tell me which investment schemes or project can be equally as good?
Stocks? Only when you have inside info or gamble your way even harder than with BTC.
hero member
Activity: 826
Merit: 1004
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.

Yeah but the problem is not many stores accept bitcoin already but hopefully in the future more stores will accept the digital currency.
That will take time and it can cause many problems. I have found a solution for this bitcoin stores problems just purchase a vcc , i use coinizy you can deposit funds to the card using bitcoin and then you can add  that card to something like android pay,samsung pay, apple pay or any local wallet. All these pays are used worldwide and can be accepted in any store so why don't you spend your bitcoins like this rather than waiting for stores to accept it
hero member
Activity: 1582
Merit: 523
Bitcoin can help to all people even youth can help the daily needs. Its a nice idea that young people should go to bitcoin but its a risks so it should be with proper guidance. Thus, youth can earned and sustain their needs by using bitcoin as long with proper use of it.
sr. member
Activity: 750
Merit: 252
No one should go all in, that is bad strategy. First take a good look, think about it and then make a move. Investing all money in one thing will make you stressed cause you have all your money depending on one thing, and you will think about bticoins too much. Every drop will hurt more then usual, and you will freak out when ever bitcoin go 300 $ down, and you have a fortune in that.
Invest money in more things, its good to have back up in every moment.
hero member
Activity: 837
Merit: 500
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.
legendary
Activity: 1414
Merit: 1002
= jasad =
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.
full member
Activity: 224
Merit: 100
Building Wealth through AI and the power of the bl
It is better for the younger people to diversify into various assets such as stocks and into other crypto currencies rather than going all into bitcoin because the future is uncertain and anything can happen. Also bitcoin has appreciate well when comparing to alt coins and If you diversify, you can still have a decent return from your investments and chances for ending up broke are less.
hero member
Activity: 854
Merit: 500
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.

Yeah but the problem is not many stores accept bitcoin already but hopefully in the future more stores will accept the digital currency.
the number of stores is not the important issue anymore since we have faced with the bigger problem which can destroy Bitcoin forever: the block size. Hard fork will soon occur and it is obvious that the Chinese want to control Bitcoin forever. Bitcoin will soon end up its life if we can not solve this problem. Only lunatics like Bitcoin unlimited
sr. member
Activity: 294
Merit: 250
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.

Yeah but the problem is not many stores accept bitcoin already but hopefully in the future more stores will accept the digital currency.
sr. member
Activity: 1484
Merit: 323
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.
sr. member
Activity: 714
Merit: 252
If you talking about bitcoin and long term planning then come on it's not RISKY. The thing is bitcoin is currency and commodity which evolves as the time is passing. It grows logarithmically on scale of value vs time. Yes, if I would have been in place of you and at home then would have saved lots and lots of BTC. It is one of my dream too. :-) Today I'm earning bits but very slow and i regret it a lot. As I mentioned it grows logarithmically so someone with long term plan must gain more bitcoins in very less time. You will have good amount of window in terms of buy and sell price. Simplest example is today's situation of bitcoin as compared to bitcoin 5 years back. When it was below $500 and today it is above $ 1000 it means whoever bought bitcoins 5 years back is having window of $500 plus in his wallet. If you think of retirng then yes there are lot more reasons like above one.  Smiley
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