Young people should go all in on bitcoin - page 83.

CyberKuro

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Quote from: cellard on March 04, 2017, 09:28:10 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.

Agree, you have a point. Although you said 'go all in', it doesn't matter for those who still rely on their parents as I'm in the same position. Anyone could mention their thoughts, but in the end each one of us have to decide it by ourselves. However, I've been trying to divide what I get into bitcoin and fiat money about 70:30. Bitcoin as my long term investment (70%) and fiat money to cover my daily expenses, just in case as backup plan.

tambok

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Quote from: FlightyPouch on March 04, 2017, 09:31:54 PM

Quote from: cellard on March 04, 2017, 09:28:10 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 may be right, but I think you are just provoking young people. They decide what they want to do.And parents will not accept this way unless the parents are also doing these kind of living. But it is really risky trusting in this digital currency.

I think he is not provoking but stating the fact and suggesting young people what he wanted also in his life. Sharing your thoughts/ ideas is a good thing that only means you are willing to share. Of course if do the same if I were in his position in fact I also encouraged my cousins who are still young to do investing here in bitcoin.

andrei56

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Quote from: cellard on March 04, 2017, 09:28:10 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.

The problem is you are putting all your eggs in one basket and while it could turn out to be great at the end there is a reasonable chance you will end up broke that is why it is never a good idea to go all in especially in something as changeable as bitcoin.

betlord90

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Quote from: cellard on March 04, 2017, 09:28:10 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 you are right must young people now invest in bitcoin because 5 years from now bitcoin have good price than price now. And the more you take risk the more you get profit that is the life of many investor they don't afraid to take risk because they know that bitcoin is a good long term investment.

The Sceptical Chymist

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Top Crypto Casino

All in? HELL NO, nobody should go all in, regardless of age. Taking higher risks when younger--that's all well and good. But going all-in on anything crypto is a recipe for bankruptcy. I wouldn't even allocate 20% to crypto. You'd have to be crazy to go even half-in, and I say that as a person who likes bitcoin. A lot. It's just way too risky.

jackg

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Quote from: cellard on March 04, 2017, 09:28:10 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.

Aside from the fact that in places like the US, AU and EU you cannot actually buy bitcoin under the age of 18 (from an actual trusted exchange).
The value of bitcoin could fall. It is more likely to rise statistically, but it's never recommended to go "all in" on an investment.

FlightyPouch

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Quote from: cellard on March 04, 2017, 09:28:10 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 may be right, but I think you are just provoking young people. They decide what they want to do.And parents will not accept this way unless the parents are also doing these kind of living. But it is really risky trusting in this digital currency.

cellard

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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.

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