Young people should go all in on bitcoin - page 77.

sourris01

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Quote from: lionheart78 on March 08, 2017, 02:02:43 PM

Quote from: kryptqnick on March 08, 2017, 05:18:28 AM

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 think young people shouldn't save money for the future at all. It their best times of life, they have to spend them on some bright crazy moments, not the savings as the old ones do. And bitcoin is a great chance for young people to earn some money by working for a signature campaign and spend it on what they want now. Bitcoin is now worth quite a lot and maybe it won't cost more. It is better to use it now then.

This is one of the reason why lots of people are broke when they start having financial responsibility. People where fully supported by their parents tend to not care about their future and the opportunity that may come into their path. They always spend to have fun and does not care at their future at all.

Quote from: Bitcoinsummoner on March 08, 2017, 12:41:31 PM

Well kids still not in a stage about that and they will not interested about bitcoin maybe they need bitcoin to learn if its related in games or they can use that bitcoin to pay for credit like on steam..

More likely pre-teens are less interested but teens should be taught to be interested. It is their future so they should make it a lot better for their sake with guide of parents of course (parents teaching them about BTC and encourage them to save all their saving as BTC).

Children are always interested in bitcoin, and that's because it's money from the Internet, and not a fee for what the cars unloaded. So interest will be required. That's just the first to pay attention to bitcoin those who have already thought about what they want to become independent of their parents. And at the expense of bitcoin prices, the forecasts are different and there are beliefs that today's price is only the beginning of growth.

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Quote from: kryptqnick on March 08, 2017, 05:18:28 AM

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 think young people shouldn't save money for the future at all. It their best times of life, they have to spend them on some bright crazy moments, not the savings as the old ones do. And bitcoin is a great chance for young people to earn some money by working for a signature campaign and spend it on what they want now. Bitcoin is now worth quite a lot and maybe it won't cost more. It is better to use it now then.

This is one of the reason why lots of people are broke when they start having financial responsibility. People where fully supported by their parents tend to not care about their future and the opportunity that may come into their path. They always spend to have fun and does not care at their future at all.

Quote from: Bitcoinsummoner on March 08, 2017, 12:41:31 PM

Well kids still not in a stage about that and they will not interested about bitcoin maybe they need bitcoin to learn if its related in games or they can use that bitcoin to pay for credit like on steam..

More likely pre-teens are less interested but teens should be taught to be interested. It is their future so they should make it a lot better for their sake with guide of parents of course (parents teaching them about BTC and encourage them to save all their saving as BTC).

darthmaul

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Agreed to all of your statements. You see, if I would have introduced myself to BTC 3-4 years ago then i would have definitely saved it for better future. Today also I am struggling for getting more and more BTC for astonishing future life. Believe it or not BTC will atleast hit 5k USD price (people are thinking of 50k) but lets not get into flow! I mean with 5k price I will be very rich, I will be proud of that because I will have sense of hard work which I am doing today for getting more and more bitcoins.

So young or people like us or any ages can start getting bitcoins for themselves to have extra in coming future. I love the feeling really. :-)

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Quote from: Jemzx00 on March 08, 2017, 11:47:53 AM

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.

Agreed, I too envy on other people who've been doing bitcoin since 2013 while I learned just last year because of my curiosity on deepweb. Well, I hope other kids would know what bitcoin since most kids know a lot of techie stuffs.

Well kids still not in a stage about that and they will not interested about bitcoin maybe they need bitcoin to learn if its related in games or they can use that bitcoin to pay for credit like on steam..

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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.

This is the most common regret but the truth is we would not have invested anyway even if we knew about bitcoin at that time since there will not be a way for us to know the price will reach such great height.

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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.

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Quote from: Jemzx00 on March 08, 2017, 11:47:53 AM

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.

Agreed, I too envy on other people who've been doing bitcoin since 2013 while I learned just last year because of my curiosity on deepweb. Well, I hope other kids would know what bitcoin since most kids know a lot of techie stuffs.

the younger generation are actually more willing to invest in bitcoin as they understand bitcoin better than older people who are either too busy to look it up or too ignorant to see what bitcoin is.
and always surveys about age of bitcoin users reflects this as the majority is around age of 18

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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.

Agreed, I too envy on other people who've been doing bitcoin since 2013 while I learned just last year because of my curiosity on deepweb. Well, I hope other kids would know what bitcoin since most kids know a lot of techie stuffs.

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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.

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Quote from: BreakingSlow on March 08, 2017, 11:09:20 AM

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 don't think that is a good idea to literally put all your money in Bitcoin. Because it is never a good idea to put all your money on something.
But lets say we do this and cash our money out in 10 years. We would be swimming money because the price is growing very fast.

You would swim on money if you do put huge money on bitcoin it does really depend but as you said its really risky to put something on a single thing the risk of losing money is always there since we do all know that bitcoin might crash anytime which would really put us on total wreckage.

BreakingSlow

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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 don't think that is a good idea to literally put all your money in Bitcoin. Because it is never a good idea to put all your money on something.
But lets say we do this and cash our money out in 10 years. We would be swimming money because the price is growing very fast.

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Quote from: kryptqnick on March 08, 2017, 05:18:28 AM

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 think young people shouldn't save money for the future at all. It their best times of life, they have to spend them on some bright crazy moments, not the savings as the old ones do. And bitcoin is a great chance for young people to earn some money by working for a signature campaign and spend it on what they want now. Bitcoin is now worth quite a lot and maybe it won't cost more. It is better to use it now then.

You can save money and still have a good time you know Roll Eyes

I personally think that young people should learn to be responsible with their money and start saving early on. It's very useful to have some savings set aside for when you move in with a partner, plan on buying a house or for emergencies.

Investing part of those savings into Bitcoin will most likely give them a head start in life if they're able to hold them long term. Even with possible crashes, the trend is upwards.

giveen

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I like your idea and I totally agree with you that if people buy now in the future they will definitely not regret this but how do you think a kid to actually have 21 btc. I do know a few kids who asked me about bitcoins and stuff and most of them didn't even have 1 btc. And how do you think those kids will be able to arrange so much money.

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Quote from: kryptqnick on March 08, 2017, 05:18:28 AM

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 think young people shouldn't save money for the future at all. It their best times of life, they have to spend them on some bright crazy moments, not the savings as the old ones do. And bitcoin is a great chance for young people to earn some money by working for a signature campaign and spend it on what they want now. Bitcoin is now worth quite a lot and maybe it won't cost more. It is better to use it now then.

I agree with you. You never know what the future will bring. Why would you save up when in 10 or 20 years you can get cancer or have an accident and die never being able to live life to the fullest.
In the end it's the memories that count because when you're 50 or 60 it can be too late to try certain things.

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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.

21 BTC today is too expensive but I agree, every young people should buy at least 1 BTC if they can.

blackhawkeye1912

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Quote from: botany on March 04, 2017, 10:31:46 PM

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.

If you are staying with your parents, they probably control everything you do. Including investments.
It will be tough to convince them that you aren't gambling away your money.

That's right!, If we are going to to encourage the you people to do such a things like this. Once their parents find out that their investing into something which is bitcoin. There are two things that may happen 1 there parents will support them or there parent will give a ground punishment which is not good. This only just in my assessment Cheesy

Schuyler

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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.

For me,its not bad to have entra income while I still live k with my parents,it can help me too to provide my other needs. But on the other hand,not all young people can be forced to use bitcoin. This idea is good to introduce bitcoin to the young people but doesn't mean we will provoke them.

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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.

That would not be my advise to anyone. Yes i feel that bitcoin will be worth alot in the future, IF and at the minute that is still an if all things go well technically. This scaling problem is going to need to be resolved pretty soon. and that is just one problem i can see in the future. Young people sholud be wise with their money and diversify into other assest also, like land, and metals. i just wish i had had the sense to so when i was younger. Undecided

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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 think young people shouldn't save money for the future at all. It their best times of life, they have to spend them on some bright crazy moments, not the savings as the old ones do. And bitcoin is a great chance for young people to earn some money by working for a signature campaign and spend it on what they want now. Bitcoin is now worth quite a lot and maybe it won't cost more. It is better to use it now then.

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Quote from: lionheart78 on March 08, 2017, 04:40:52 AM

Quote from: michkima on March 08, 2017, 04:02:36 AM

Quote from: lionheart78 on March 08, 2017, 03:46:29 AM

Quote from: michkima on March 08, 2017, 02:18:16 AM

I consider myself as young (and stupid lol), but I would say that I will never go all in on bitcoins. Bitcoins is so volatile that it could even go down the moment something really negative comes around. Having all you money in something as dangerous as bitcoins could lead to bankruptcy in any person investing everything in it. Like every other investor would say, "don't put all your eggs in one basket."

You are not putting them all in Bitcoin (all of your effort your entire life), the idea is a temporary all in where your free money will go to Bitcoin as investment. If you really read what op wants to tell us, this is not for people who already have financial responsibilities to their family instead this goes to students that are still dependent to their parents. So as I said this advice is not for all but for those who are still dependent to their parents with no financial reponsibility. And this is to hold BTC at a long time not just to daytrade it.

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.

But think about it, if you are still dependent then that means you're actually not yet earning that much too. If you invest everything then that will be just a small amount compared to young professionals earning a living already. If for example, you are a student, you just live off your allowance and you save around $100 a year and invest that all in bitcoins. Prices go up by 100 times by 10 years, that means the value of your money is not enough to retire.

Well at least you can have a good start up. The point here is, rather than kids spending their money to waste, it is better if they save it in form of BTC. This way they savings have a chance to appreciate in price value. If we are talking about young professional, their case is different since they are now tending to themselves and already have financial responsibility. So the approach on how they have to get Bitcoin is different. And I agree that they (young professionals) should not go all in to Bitcoin.

Neither young professional nor settled professional should go all in to bitcoin. It must be taken as most valuable opportunity where current investment will surely earn fortune. Young professional should invest step by step in bitcoin. By the time they are stable earner they would have amassed considerable amount of bitcoin stash.

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