Криптовалюта И Новое Поколение: Школьники-Инвесторы

A lot of young people are actively interested in cryptocurrency and is increasing. Millennials consider cryptocurrency to be an authentic method of payment.

What makes the subject of cryptocurrency so attractive to children in schools?

The current scenario is this: teenagers spend their spare time using TikTok, Instagram and Youtube looking at, occasionally, untrustworthy bloggers, and later discuss with their friends the information they have heard. Most schoolchildren do not have the motivation to study however they are captivated by investing and cryptocurrency.

The young people who trade in crypto consider it a full-time side job, or at minimum, a passion. It's trendy, tech-savvy, and trending. Social networks also broadcast the news of cryptocurrency in a constant stream to their feeds.

Furthermore, the idea of an electronic currency is rebellious: to oppose itself to a centralised, government-friendly system. This is precisely in line with the mindset of teenagers looking to find their own place in the world. But in addition, teenagers are attracted by the possibility to earn quick and easy cash. The cost of Bitcoin fluctuated from $730 in 2017 to $67,530 in November 2021. for the undeveloped teenage mind this data is enough to convince them to invest.

What is the Russian law?

Russian law does not restrict minors from mining or buying cryptocurrency. Teenagers aged between 14 and 18 years old can make any transactions only with the written consent of their parents. They are also able to manage their own income, including earnings, scholarships as well as scholarships. The consent of their parents is not necessary.

While many platforms restrict minors from trading cryptocurrencies through their platform, it is simple to sign up for these platforms. The children of schools convince parents and other https://cryptonewsru.com/school-trading/ adults, many of whom aren't aware of financial issues themselves and open accounts for them.

What are the best ways for students to participate with crypto trading?

The network has many stories about the overwhelming success of schoolchildren in cryptocurrency transactions. For instance, Lev Chizhov, a finalist of the Generation Z: Digital Revolution contest-- is a Russian eighth-grade student who develops neural networks as well as studies cryptocurrency. He was introduced to bitcoins at the end of seventh grade. He began studying data through the Internet, and within six months, he became the youngest cryptocurrency expert in Russia.

"Cryptocurrency is an electronic currency that doesn't rely on any specific people. Everyone has equal rights and obligations there and it doesn't have any center-" Lev says- "Information about all money transactions since to the moment of the system's existence is recorded by each user. Blockchain is a distributed, decentralized database. Cryptocurrencies are built upon the blockchain."

Numerous success stories of schoolchildren are well-known across the world.

Eric Finman, a US schoolboy, invested in bitcoin at the age of twelve years old. Over the next six years, his fortune was able to reach $ 4,000,000 https://en.search.wordpress.com/?src=organic&q=crypto He had already saved the initial capital to pay for breakfast. He launched Botangle's teacher search platform in 2013. In the following year the platform was sold to bitcoins.

Eddie Zillan, aged 15 was a cryptocurrency trader who registered with two exchanges and paid $100 for Ethereum. Within the first few hours, he earned $ 10, and then began to build up the balance in his account, investing everything he owned at that time: what the money he saved for himself as well as what his family gave him for the holidays. In the beginning, there weren't any bloggers, no books, and no instructors from whom it would be an option to learn from previous experiences, so that the teenager was able to succeed on his own. He is now 21 years old and has a portfolio of more than a million dollars.

Apart from success stories, it is interesting to hear the tales of people who are only beginning their journey. 15-year-old John from London accidently came across millionaire blogger Brian Jung on YouTube, who had dropped out of college and made $ 100,000 through the blockchain. John became interested and persuaded his mother to set up an account on behalf of him "I explained to her the concept of cryptocurrency, and she also invested in a portion of her funds."

John and his mom invested 50 pounds in Dogecoin, 180 pounds in Bitcoin and 50 pounds in Cardano. John now spends 15 minutes each day examining the exchange rate of cryptocurrency. In just a few months He has already learned about diversification as well as market volatility and the cost of transactions. He does not want to invest large sums because of the high risk. At his age, he can know much more than many adults with higher education.

What can schools do to regulate the trading of crypto?

Literally, 10 years ago, life was simpler. Teenagers could make their own decisions and receive their first salary. Today, there's a ton of noise on social media and teens require help to discern the real facts and what the fabricated truth is. Scammers come up with new methods to steal the funds of others, both intangible and physical. In spite of the fact that financial knowledge has always been essential, changes are needed.

It is essential to communicate to youngsters that trading on the market of cryptocurrency is often difficult and may not be as lucrative as they think. Although cryptocurrency is to be a speculation asset, it is not able to be considered a fiat currency. In addition, the crypto market is unsteady, and the volatility is not controlled there as it is sometimes regulated under the guise of unjust rules. There are numerous fraudulent schemes on the market, which are difficult to comprehend for any person, not just children.

New federal standards are aimed at ensuring the introduction of mandatory "elements of financial literacy" beginning in September 2022. The Bank of Russia actively participated in the initiative. This illustrates how crucial it is to instill in children the skills of safe financial transactions on the Internet from the first grade. In high school, students are taught to evaluate the risks involved in entrepreneurship, analyze the family's income and expenses and create a personal financial plan.

Perhaps it's time for the education system to accelerate its changes in order to keep up with the evolving world, of which electronic money is just one part.