Post
Topic
Board Bitcoin Discussion
Re: Exposure to bitcoin at young age
by
Lida93
on 31/05/2024, 15:26:57 UTC
You bring up an interesting point about teaching Bitcoin to young people. It's true that not everyone might have the maturity to handle investments responsibly at a young age. Do you think there are specific traits or skills we should look for before introducing Bitcoin education? And how can we ensure that young people are taught to approach it with patience and responsibility?
There's an approach commonly used by moat wealthy parents they open an investment account with a traditional bank in the name of their child where they invest for his future as he grows, it's more like a savings for his tomorrow, and when he's well matured knowledgeable about money, he is then handed completely control and ownership of the account to self-establishment.

Same approach can be incorporated by bitcoiners with their children, and the striking part with bitcoin using this approach is that it can be started with the least $5 (using the DCAing strategy) making it not exclusive to rich parents alone to afford but to every bitcoinist parent that wish to based on what they can afford. Simultaneously the child is also being taught about bitcoin while growing up. There are certain trait we will have to teach our children and not that they must have it innately before we do brush them up about it.