Post
Topic
Board Bitcoin Discussion
Re: Btc good experience for young people
by
Walrus1
on 21/03/2018, 02:31:58 UTC
Hey, I'm not old but I'm closer to old than young. I was fortunate to get into the stock market early and even a couple ipo's which led me into real estate etc. so now I'm in crypto, follow it, read it still trying to figure it out. Anyway, although everyone is now talking Bitcoin I think this story has sent a message about saving and investing to younger people. I don't think speculation is a good lesson but the ability to do more with ur money than spend it or gain no interest in a bank account is a good thing and I only learned it by listening to others as I was making my way.

I don't think btc is the answer to everything and it could even crash, that would also be a lesson, but the US population in general does not save a lot of money, perhaps this new development could help change that.

Bitcoin is good to the young people so that they will not drive into vises. Bitcoin is more good for young people to get busy with, because they can earn here as it helps their studies and needs. They can also buy what they want. And they can help also for their parents. Just like my cousin he is a bread winner now. He's building his 2stories house now.

I do not see any connection between Bitcoin and the age of the person involved in the cryptocurrency. The young guy can be a lazy bone, while a mature man can work for hours just to get his best results.
perhaps you missed my point. The average savings of young people in the US is quite smal. Many struggle over a surprise 1,000 dollar bill ie medical problem, car problem etc. btc has got people paying attention to the possibilities of making money through investment. I hope this will grow into looking at stocks, bonds gold and other vehicles of investment. I don't think anyone should put all their funds in in crypto. I personally do about 15-20% I have more in stocks and gold but I have hope in the future of Bitcoin. My post doesn't rule out older people, I'm in my forties and heavily in etherium and a good amount of btc but I would never completely stocks, I have done very well in stocks, gold and silver is well. I look forward to the future of btc ltc and eth and I hope they will become the people's currency