Young people should go all in on bitcoin - page 76.

pixie85

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Quote from: xskl0 on March 09, 2017, 02:42:08 AM

Quote from: Przemax on March 09, 2017, 02:13:20 AM

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

And the majority of teenagers don't have money. Even those that have aren't interested in investments, economy and finances. Scratch that, they are interested in finances "dad I need a new skateboard!" Grin

When I was a teenager I usually had no money and when I got some for my birthday or on occasion I usually spend it on computer games or pizza and movies with friends.

DrGuns4Hands

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well this is reasonable but it's not good to provoke young people to stop studying and put everything on bitcoin . maybe you could be a millionaire but knowledge is more treasurable than a pack of dollars. but then again i'm still saving all i can so i can invest it on bitcoin everymonth when i get my salary every month . in that way i could save a lot of money and start a new business again.

serjent05

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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.

Pettuh4

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Since the young generation are the future and Bitcoin is proving to be the future of currency, I'd give my full backing for the young people to get in Bitcoin and maximize its usage to their advantage in future. I'm hopeful of a future youth with Internet access in every home or cell phone hence their adoption of Bitcoin now is in order.

ice18

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Its a good idea, I admire you for being a bitcoin die hard fans and believing that bitcoin in the near future have a better value than present well maybe but we all have no idea what will happen to bitcoin lets say 15 years from now, for me I will not go all in for bitcoin maybe 50% bitcoin and 50% on potential altcoins.

Pursuer

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Quote from: xskl0 on March 09, 2017, 02:42:08 AM

Quote from: Przemax on March 09, 2017, 02:13:20 AM

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.

BeGoods

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Quote from: cramcram21 on March 08, 2017, 11:37:06 AM

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.

instead they will use all the money they have to invest in bitcoin the young man would not normally see the risk. they see possible profit will be found they will not think much about the risk Lol

dihari

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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 am 100% agree with all your statement. A young man who is got money to buy everything from their parents should save their money on bitcoin. If more teenage known bitcoin as a good investment, it will be good future for bitcoin ecosystem and themselves.

xskl0

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Quote from: Przemax on March 09, 2017, 02:13:20 AM

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

Przemax

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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.

iv4n

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Young people have less obligations in house and family, and according to that they can risk more then family carrier's who need to think about others.
Only thing here is how much money can they invest, not all young people have money for spending. Young people from third world countries are fighting for work and their spending power is on the lowest level.
Your suggestion is on place, young people should support blockchain more then others, but sadly most of them are not in position to invest in bitcoins.

Astvile

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As a child or a teen who want to earn money while he is still in care of their parents ofcourse saving is the number 1 to do.Save allowance as long as you can and dont go all in through bitcoins focus on your studies just make bitcoin a part time job if youre still a teen and your studying

BitcoinPC

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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.

It will be right, not only for young people for every human being. But your point is right, because youngsters are very conscious about their future, and they are doing struggle to bright their future. So in this way, bitcoin really helpful and easy way to give the reward.

Text

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I consider only those people aged 18 years and above can enter the bitcoin community. Students should only focus on their studies but since they are exposed in the internet because of our modern technologies nowadays, there are possible encounters that BTC can introduced to them but they should not forget their responsibilities especially their priorities.

mrcash02

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Quote from: suredoood on March 08, 2017, 08:15:47 PM

Why the hell would somebody go all in on ANYTHING, especially something that fluctuates as much as Bitcoin. I would hate to constantly be watching the price ticker (which I do anyway) realizing that the ticker in front of me represents my entire net cash worth.

If Bitcoin went to zero tomorrow, I would be understandably upset, but I wouldn't care all that much about the money lost. I purposely do not include Bitcoin when I think about my net worth for this exact reason.

Hahaha, it's true. It's always better to split your money between some investments instead of only one. Everything has risks and splitting the money you have more chances to be successfully on long term. You can lose some money in one investment, but you will recover what you lost with the another investments. It's a smart idea.

Even Bitcoin being the future, I don't think anyone should go all in.

suredoood

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Why the hell would somebody go all in on ANYTHING, especially something that fluctuates as much as Bitcoin. I would hate to constantly be watching the price ticker (which I do anyway) realizing that the ticker in front of me represents my entire net cash worth.

If Bitcoin went to zero tomorrow, I would be understandably upset, but I wouldn't care all that much about the money lost. I purposely do not include Bitcoin when I think about my net worth for this exact reason.

Indrawan77

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Going all in to bitcoin is not recommended at all, put investment in one basket is a risky decision for your life, every investment got a risk and there are no certainties how long it can survive, it is better not to keep your whole wealth in bitcoin, split some into other valuable asset or things

cryp24x

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Yes I agree that kids must go all in to Bitcoins with their savings. There is nothing for this kid to lose but only profit from the appreciation of Bitcoin in a long period of time. You do not believe it? Just check the Bitcoin people to World population ratio. We are barely at 5% of the world population since we have only 5 digit unconfirmed transaction.

Sundark

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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.

You got nothing to lose? Well, except when bitcoin's price shift or we enter some kind long term decline, like it happened before in early 2015, we can lose money.
I get your point that Bitcoin is probably the best investment of our generation - or so economy pros are telling us but betting everything on one card might be to hard to swallow.
High risk and high reward is not a concept many people will choose.

Pettuh4

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Quote from: xvids on March 08, 2017, 12:30:37 PM

think the only teenager who could go all in is the one's that are living with their parents and don't really need the money right now,
And I hope they would take their chance while they can.

Right on point, they will make them responsible and not just hungry for money. I'd admonish families to introduce their teenagers to Bitcoin rather than have them do it outside.

Topic: Young people should go all in on bitcoin - page 76. (Read 63400 times)