Post
Topic
Board Altcoin Discussion
Re: is dogecoin suitable for kids?
by
Nrcewker
on 09/05/2021, 10:02:11 UTC
I am thinking to teach my 8 yr old daughter about crypto. But past history riddled with illicit activity so I was thinking to open her a just dogecoin wallet and have her to learn to use it. Do you think it is suitable? Anyone done this? Or any risk?

Thanks.,

What do you mean by teach them? Teach them about trading? If this is the thing that you want then it’s a Big NO.
Children are not at all suitable to learn trading in such a small age.
If you want to teach them about what is crypto, then yes you can do that easily.
You can easily make them understand by quoting examples from past like barter system and assets. This will be sufficient for a child of 8 years IMO.

Moreover after seeing this huge crash of Doge , i am too fearing whether to hold the coin or not.
Still educating the future generation about Cryptos and the advantages of using it will really be appreciated.
Tell us Op what updates you have. We will be glad to listen it.