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Topic: Young people should go all in on bitcoin - page 75. (Read 63390 times)

sr. member
Activity: 728
Merit: 266
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.

You have a good point out there, but if you look at our society right now, are you sure youngsters out there knows about bitcoin?not every youngsters knew about it. but I'm a bit jealous because i have a friend right now who is only 11 years old but hes already investing in BTC. I wished i'd already knew this when i was still a little maybe now i already had my own savings. Undecided
hero member
Activity: 798
Merit: 503
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 would not subscribe to this ideology because the outcome op is looking into is just the positive angle without considering the negative side which we all know that its an option that should be kept on the table at all time. Now considering the price of bitcoin today which is above $1000 I am sure not too much of young people can afford that and if after enough saving for several months or years, it went haywire what will be the consolation?...
hero member
Activity: 924
Merit: 500
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.
There is nothing wrong if you want the young people be aware of bitcoin and get an idea about the edge of it, but we cannot force them to do even we know it is the right to do save some bitcoin, but most of them will get relate on what you are trying to emphasize with them. this will depend only for the you people who will become open minded about in bitcoin but not provoking them as the you did on your statement.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
Well, to populate something than that's best way. If young people will start to use bitcoin, than after some years we will see bitcoin as a first payment system, but also that young people are depended on nowdays businessmans. If they won't offer us bitcoin payment, we won't be able to should go all on bitcoin, to my mind if anyone will realize, investing in bitcoins will be great way for young people nowdays. Also price will rise and it will help them in future.
sr. member
Activity: 812
Merit: 260
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.
hero member
Activity: 2590
Merit: 644
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.
newbie
Activity: 19
Merit: 0
"Your most important asset is yourself. Invest your time, your efforts and money in training, preparing and supporting your most important asset. "
Tom Hopkins


Investing in yourself is the most profitable project from all possible options, dividends from which, with proper planning, you will get really huge. A successful person simply can not look like a fat, not well-groomed sump cat. It is not difficult for a reasonable person to understand how to invest in himself. He and without additional reminders are ready to absorb new knowledge, to monitor their appearance and health. It's only the narrow-minded individuals who believe that the word "investment" has only one meaning: rowing more dough.
hero member
Activity: 826
Merit: 502
I dont know what kind of teenagers are or were you guys, but when I was a teenager I had no money to invest into anything. If you are talking that teenagers should earn their money on the internet I would say that they go to school and does not have time to earn money much. If you are talking that a teenager could earn money on faucets and such - ok its fine but the amount of satoshis gained is low.

Maybe there are places where there are rich teenagers with a lot of spare time, but I guess thats not the target of bitcoin community as they are not so common.

For example I was talking about the bitcoin with my nephew and he was not interested in the bitcoin and he is 16 now. I had told him two years ago about the bitcoin. He is completly not interested in buying any btc what so ever. He is such a kind of a kid with a generous grandmother but his mother takes all account what he do with that money.
There are cases and cases, I'm 17 and I'm very interessed in Bitcoin but nowadays the majority of teenagers don't care about politics or technology just about  instagram. At least where I live.  Undecided

that's true, I wanted to say a similar thing.
usually among teenagers and "young people" as OP calls them, there is so little interest in saving money let alone wanting to invest it. which is why I doubt that many consider bitcoin as an investment.
the better approach is introducing them to bitcoin as a decentralized online payment system, and show them how they can easily spend money without needing credit cards. and this can easily let them into using bitcoin.

With age 17 you probably have no money since you can't even work. Im talking about people on their 20's that still live with their parents. They can have a job, and go 100% every month on bitcoin at whatever the price , so you keep buying every month, and in the long term you will have a ton of money since bitcoin can only go up long term.

A great idea if you use it responsibly, Going 100% on bitcoin means that all your income will go to bitcoin right? That's a liitle rude for your parents . They are paying thousands in your school in order for you to have s stable job in exchange you have to at least be grateful cause it is a sign of responsibility and goodness .You should divide your income instead, For example 50% to bitcoin and 50% for your parents, It is just an example at the end it all depends on your income .

After all, your parents didn't make you or take care of you because they are thinking that one day, after you graduated college, you're going to be a non-stop money making machine. That's not how they look at you. It's totally cool for them if you don't give them any money at all. They are just going to think that you're building a life for your future and nothing else. As long as they can still manage, they will not say a thing to you. Only time they are going to ask you for money is when they are out of job or too old to get one and is starting to go down on crisis.
legendary
Activity: 2562
Merit: 1441
One thing investors love to preach is "diversification". Not putting all the eggs into one basket.

There could be other opportunities in the world as good as bitcoin early adoption.

Like for example, during the 2008 economic crisis some bank stocks went as low as $0.01.

After the bank bailout was approved, those $0.01 stocks rose to $3.00. (300x gains.)

There are many opportunities where someone could do well if they're in the right place at the right time.

Bitcoin isn't the only opportunity in the whole world.

Maybe sometimes, its good to remember that.

 Smiley
sr. member
Activity: 287
Merit: 250
I dont know what kind of teenagers are or were you guys, but when I was a teenager I had no money to invest into anything. If you are talking that teenagers should earn their money on the internet I would say that they go to school and does not have time to earn money much. If you are talking that a teenager could earn money on faucets and such - ok its fine but the amount of satoshis gained is low.

Maybe there are places where there are rich teenagers with a lot of spare time, but I guess thats not the target of bitcoin community as they are not so common.

For example I was talking about the bitcoin with my nephew and he was not interested in the bitcoin and he is 16 now. I had told him two years ago about the bitcoin. He is completly not interested in buying any btc what so ever. He is such a kind of a kid with a generous grandmother but his mother takes all account what he do with that money.
There are cases and cases, I'm 17 and I'm very interessed in Bitcoin but nowadays the majority of teenagers don't care about politics or technology just about  instagram. At least where I live.  Undecided

that's true, I wanted to say a similar thing.
usually among teenagers and "young people" as OP calls them, there is so little interest in saving money let alone wanting to invest it. which is why I doubt that many consider bitcoin as an investment.
the better approach is introducing them to bitcoin as a decentralized online payment system, and show them how they can easily spend money without needing credit cards. and this can easily let them into using bitcoin.

With age 17 you probably have no money since you can't even work. Im talking about people on their 20's that still live with their parents. They can have a job, and go 100% every month on bitcoin at whatever the price , so you keep buying every month, and in the long term you will have a ton of money since bitcoin can only go up long term.

There is no guarantee that the price will rise. You can invest all your life and get nothing. I believe in bitcoin, but do not forget that it's risky. Everyone must understand for himself what to invest in it. Young people love the Internet, which means they know more about bitcoin
sr. member
Activity: 406
Merit: 250
Wolf
I dont know what kind of teenagers are or were you guys, but when I was a teenager I had no money to invest into anything. If you are talking that teenagers should earn their money on the internet I would say that they go to school and does not have time to earn money much. If you are talking that a teenager could earn money on faucets and such - ok its fine but the amount of satoshis gained is low.

Maybe there are places where there are rich teenagers with a lot of spare time, but I guess thats not the target of bitcoin community as they are not so common.

For example I was talking about the bitcoin with my nephew and he was not interested in the bitcoin and he is 16 now. I had told him two years ago about the bitcoin. He is completly not interested in buying any btc what so ever. He is such a kind of a kid with a generous grandmother but his mother takes all account what he do with that money.
There are cases and cases, I'm 17 and I'm very interessed in Bitcoin but nowadays the majority of teenagers don't care about politics or technology just about  instagram. At least where I live.  Undecided

that's true, I wanted to say a similar thing.
usually among teenagers and "young people" as OP calls them, there is so little interest in saving money let alone wanting to invest it. which is why I doubt that many consider bitcoin as an investment.
the better approach is introducing them to bitcoin as a decentralized online payment system, and show them how they can easily spend money without needing credit cards. and this can easily let them into using bitcoin.

With age 17 you probably have no money since you can't even work. Im talking about people on their 20's that still live with their parents. They can have a job, and go 100% every month on bitcoin at whatever the price , so you keep buying every month, and in the long term you will have a ton of money since bitcoin can only go up long term.

A great idea if you use it responsibly, Going 100% on bitcoin means that all your income will go to bitcoin right? That's a liitle rude for your parents . They are paying thousands in your school in order for you to have s stable job in exchange you have to at least be grateful cause it is a sign of responsibility and goodness .You should divide your income instead, For example 50% to bitcoin and 50% for your parents, It is just an example at the end it all depends on your income .
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
if younger people is like what you said, then younger people can do buy bitcoin as much as they can in monthly but i know that younger people is not much that have much of money, so i think they can buy small bitcoin first unless they have saving money and they decide to buy bitcoin directly.
legendary
Activity: 1372
Merit: 1252
I dont know what kind of teenagers are or were you guys, but when I was a teenager I had no money to invest into anything. If you are talking that teenagers should earn their money on the internet I would say that they go to school and does not have time to earn money much. If you are talking that a teenager could earn money on faucets and such - ok its fine but the amount of satoshis gained is low.

Maybe there are places where there are rich teenagers with a lot of spare time, but I guess thats not the target of bitcoin community as they are not so common.

For example I was talking about the bitcoin with my nephew and he was not interested in the bitcoin and he is 16 now. I had told him two years ago about the bitcoin. He is completly not interested in buying any btc what so ever. He is such a kind of a kid with a generous grandmother but his mother takes all account what he do with that money.
There are cases and cases, I'm 17 and I'm very interessed in Bitcoin but nowadays the majority of teenagers don't care about politics or technology just about  instagram. At least where I live.  Undecided

that's true, I wanted to say a similar thing.
usually among teenagers and "young people" as OP calls them, there is so little interest in saving money let alone wanting to invest it. which is why I doubt that many consider bitcoin as an investment.
the better approach is introducing them to bitcoin as a decentralized online payment system, and show them how they can easily spend money without needing credit cards. and this can easily let them into using bitcoin.

With age 17 you probably have no money since you can't even work. Im talking about people on their 20's that still live with their parents. They can have a job, and go 100% every month on bitcoin at whatever the price , so you keep buying every month, and in the long term you will have a ton of money since bitcoin can only go up long term.
hero member
Activity: 826
Merit: 1004
I dont know what kind of teenagers are or were you guys, but when I was a teenager I had no money to invest into anything. If you are talking that teenagers should earn their money on the internet I would say that they go to school and does not have time to earn money much. If you are talking that a teenager could earn money on faucets and such - ok its fine but the amount of satoshis gained is low.

Maybe there are places where there are rich teenagers with a lot of spare time, but I guess thats not the target of bitcoin community as they are not so common.

For example I was talking about the bitcoin with my nephew and he was not interested in the bitcoin and he is 16 now. I had told him two years ago about the bitcoin. He is completly not interested in buying any btc what so ever. He is such a kind of a kid with a generous grandmother but his mother takes all account what he do with that money.
There are cases and cases, I'm 17 and I'm very interessed in Bitcoin but nowadays the majority of teenagers don't care about politics or technology just about  instagram. At least where I live.  Undecided
It's not about the place where you live nowadays the teens only know or believe whatever they see on social media when we talk to them about there future they really don't care . And explaining them something like bitcoins is technically impossible as trusting today's youth is scary as i saw a 8 year old kid spend 30000$ on some game of war through in app purchases.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
I think it would be better if young people divert his investment.  It is not good to go all in something that we are not sure of the future.  Speculation is not an assurance actually it is only a guess.  I think, if you are really a bitcoin enthusiast, 50% of your saving is enough to go to Bitcoin and the rest to other investment.
50% is sufficient if you do capable of doing it without any hardships on saving up but if you do then 25-35% would be still okay and going all in is not really a good idea since we do all know theres no assurance if bitcoin would go to the way on what we expect.
sr. member
Activity: 2618
Merit: 439
For people who live in third world like Ethiopia , Africa etc bitcoin will help their finance problem but the case is different on people who live on America, Canada ,etc can spend bitcoin for fun.
I think it's depend on place whenever bitcoin can be use for investation or just spend for fun ( depend on each individual )

Third world young people look at bitcoin as actual commodity that they can earn and used and not as instrument for investment. Because we all know how wages and salary for a 3rd world country, so it they have earn bitcoin they will automatically used in at their disposal whether to buy foods and other things that will help them survived. And in the US or Europe if young people has bitcoin, they are more likely to invest in it and take the risk because maybe they can do it just for fun.
hero member
Activity: 1302
Merit: 503
very agree with your opinion that young people should more concern for bitcoin and consider it as long term investment but unfortunately in the fact that this is hard to do because most young people not really trust in bitcoin and in my country they highly doubted holding bitcoin could makes profit for long term because they thought cryptocurrency would not last long and they consider fiat still the best
- Yes, I think young people have too much work in a day and they will not be interested in a virtual currency. They always choose the path to college and then have a stable job, they do not believe can make money from Bitcoin or anything from the internet. I did not care about anything before, I just went to school and ate, slept and played but when my economy was in trouble, I needed  a job and then I found Bitcoin. Bitcoin has created an opportunity to change my life, maybe this is my fate and the fate that took me to Bitcoin
legendary
Activity: 2030
Merit: 1028
For people who live in third world like Ethiopia , Africa etc bitcoin will help their finance problem but the case is different on people who live on America, Canada ,etc can spend bitcoin for fun.
I think it's depend on place whenever bitcoin can be use for investation or just spend for fun ( depend on each individual )
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
very agree with your opinion that young people should more concern for bitcoin and consider it as long term investment but unfortunately in the fact that this is hard to do because most young people not really trust in bitcoin and in my country they highly doubted holding bitcoin could makes profit for long term because they thought cryptocurrency would not last long and they consider fiat still the best
member
Activity: 117
Merit: 100
I really hope that all of the teenager would invest in bitcoin so they can use it in the future,
I really regret that I didn't know bitcoin earlier if only I knew it when I was a High School student maybe I already have a huge amount of money because of bitcoin.

Bitcoin was introduced to me 3 months ago by an old friend and I somehow regret that I didn't know Bitcoin during my student years. I badly needed money before and I don't know how I can earn extra. If Bitcoin was introduced to me earlier, I think I'm earning much now and somehow it will help my parents to pay my school fees that time. Anyway, past is past and now I'm earning Bitcoin and I'll make sure I will take advantage of this learning and opportunity. I will try to read more and focus on investing while I am learning and earning. Young people on this generation should be engage with Bitcoin, they should learn how to earn with Bitcoin by reading stuffs in this forum.
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