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Topic: Age of bitcoiners - page 3. (Read 2043 times)

hero member
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August 10, 2022, 10:54:01 AM
The very young people in this forum are not very dangerous because the newbies are not that experienced about Bitcoin even though the modern age little currency is quite familiar. But it is best if you are between 30 to 35 years of age You are very experienced about Bitcoin.
Currently the younger generation people are 30 to 35 years old Related to advanced technology. The people of the present age are quite skilled as the current crypto currency is widely used by the younger generation.
legendary
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August 10, 2022, 10:36:19 AM
The results are turned out to be exactly like how I imagined. If you are "too" young then you are not going to get a good result, because in the end we are talking about people who do not have enough money, if you are "too" old, not in a life span way but more like tech levels, because 55 may not be too old because you may still live another 40 years if you are healthy, but you would be already too late to most new technologies.

But, somewhere in between of 25 to 35 is the peak of both being involved in tech very much, but also making enough money to invest as well. That's where the majority seems and I believe that it will stay that way for a while longer as well even though we would grow old, because new ones will take over.
hero member
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August 09, 2022, 03:52:07 PM

Anyone can access and invest to crypto world, it only depends of your interest and how will you manage your funds. There's always time for anyone and even though they'll discover it very late, as long as it will give you satisfaction and guarantee, you will always have the great side of it. Crypto is always open for any ages because how will you see digitial world will depend on yout strategy.
Cryptocurrency is a business of choice and mind. In actual sense this cryptocurrency stuff don't have anything to do with age. Anyone who want to buy cryptocurrency should you buy it because it does not have an age bracket for investment of cryptocurrency so they are for I support every individual in any time they want to buy Bitcoin for long investment or short investment it depends on the interest as you said above or the person depending on what they want to use it to generate.
legendary
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August 09, 2022, 01:50:55 PM
I think as bitcoin matures more and more this is true. There are more and more user friendly solutions, but that was not true when bitcoin came out. There was for example no simple seed phrase that you could write down to back up your wallet which I’m very shure made many people loose bitcoins. All this stuff was very complicated for somebody maybe under 18 years. So as there is more development like phone wallets etc. I think we will see also more young people, even if so far the poll doesn’t reflect it.
I know some of the traders on social media, and I believe they are no more than 35 years old. Their age range is still very productive and so far I have very rarely found anyone under 18 involved in bitcoin. Young people are starting to be interested in investing, this is the development of a good mindset when they face an unfavorable economic situation. So of course we expect more of their participation because with that this foundation will be even stronger.

~~~
of course it is more advisable to know more about the risks and benefits beforehand.
I'm sure they will learn, but it may take some time to really understand it. Risk management is important, so every investor or trader should understand it.
full member
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August 09, 2022, 06:17:30 AM
Quote
It's understandable that most people at the age of 30 will have to find another income generating gigs or investments. Because this is where you get to have a family and will realize you're not just working to earn for yourself but for your family.  So, yeah I am speaking base on my experience. Saving money from banks may not be enough. It's always better to have an invest/asset which would potentially double or triple your savings.

I agree with you, because many people at this stage has a good experience to make a good choice to any particular project that will bring in a good profit at the end of the year. Any body above this 30 age has a responsibility he or she is handling in the community to ensure there is no failure that will make people to look at them that they don't have a bright future. Now that the price of Bitcoin has decreased to $23,000 in the market, which is the best time for those that understood how mature people make a good profits from the market not to joke with this bearish season to buy more of bitcoins and hold for the price to increase higher before they can earn well from their investment.
hero member
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August 09, 2022, 04:06:14 AM
It's understandable that most people at the age of 30 will have to find another income generating gigs or investments. Because this is where you get to have a family and will realize you're not just working to earn for yourself but for your family.  So, yeah I am speaking base on my experience. Saving money from banks may not be enough. It's always better to have an invest/asset which would potentially double or triple your savings.

I also have to agree with you that even if someone has bank savings and an income from their job, this is still not enough for someone who is married and has children. Especially, you will realize when you become a father that we work hard not just for ourselves but for the future of our children as well.

Married people tend to have to generate a lot of money from a variety of sources, so it is not surprising that they look to financial investment channels such as forex, stocks and cryptocurrencies.
hero member
Activity: 1862
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The Martian Child
August 09, 2022, 03:39:25 AM
Wow! Time flies so fast. It's unbelievable. I'm getting out of topic a little. It's just that I randomly found this topic while listening to Alphaville's song Forever Young. I nearly voted for the younger age bracket and then I realized that I'm getting older. I'm not going to mention my age though as I made a lot of friends here and most of them although already inactive only know my forum name, the rest remains a mystery.
member
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August 09, 2022, 02:46:38 AM
Age probably won't be a debate about whether someone wants to get to know bitcoin, and gender won't be a barrier either. Bitcoin is for all age groups, economic status, education and culture.
Actually this can be the basis when people get to know bitcoin, and that person starts to invest either by mining or by buying it, then he can take action to be ready to participate in the future of bitcoin, of course it is more advisable to know more about the risks and benefits beforehand.
hero member
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Magic
August 09, 2022, 02:32:15 AM
Age probably won't be a debate about whether someone wants to get to know bitcoin, and gender won't be a barrier either. Bitcoin is for all age groups, economic status, education and culture.

I think as bitcoin matures more and more this is true. There are more and more user friendly solutions, but that was not true when bitcoin came out. There was for example no simple seed phrase that you could write down to back up your wallet which I’m very shure made many people loose bitcoins. All this stuff was very complicated for somebody maybe under 18 years. So as there is more development like phone wallets etc. I think we will see also more young people, even if so far the poll doesn’t reflect it.
hero member
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August 02, 2022, 02:56:59 PM
A forum poll might not be accurate enough to reveal the reality, because many people don't answer them and a higher percentage of crypto adopters should participate in order to collect enough data to reach a conclusion.
Despite this, it's well known most crypto enthusiasts are from millennials' generation (1981 – 1996 birth date). Youngest generation isn't too interested in investing money, it seems. At least for now.



DIGITAL 2022: BIG RISE IN CRYPTOCURRENCY OWNERSHIP

wow, is this true? most young age now own btc  Shocked


Anyone can access and invest to crypto world, it only depends of your interest and how will you manage your funds. There's always time for anyone and even though they'll discover it very late, as long as it will give you satisfaction and guarantee, you will always have the great side of it. Crypto is always open for any ages because how will you see digitial world will depend on yout strategy.
I always emphasis on this particular point. So that someone who is interested into cryptocurrency will not be backslide via cryptocurrency investment. I believe from my reasoning that no time someone know or adventure into cryptocurrency that is wrong time of coming to cryptocurrency. What i believe is someone who wants to venture into cryptocurrency should know the rudiments of cryptocurrency at first. Because understanding the basic strategies of cryptocurrency investment, you won't find it difficult to understand the remaining important part of it.
legendary
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August 02, 2022, 02:38:02 PM
When satoshi released bitcoin in 2009, I thought I was too young to understand bitcoin and all about it and maybe I wasn't ready for it. At that time I didn't think about having an investment because I was still focused on education but after 5-6 years I felt ready and since then I really think bitcoin has opened up many opportunities to get more profit from investing and trading it.

Age probably won't be a debate about whether someone wants to get to know bitcoin, and gender won't be a barrier either. Bitcoin is for all age groups, economic status, education and culture.
legendary
Activity: 1722
Merit: 2213
August 02, 2022, 02:01:04 PM
Thanks for the poll OP! Was expecting more investors to be between 20-30 as has been the case in previous years, or the previous bull/bear market. It's interesting to see from this poll that there are more users between 30-40 these days, even if it's just Bitcoin holders getting older! I think this also shows how Bitcoin itself is maturing, if the age of investors/traders is increasing, it's heading in the right direction.

Interesting to see so few users are under 22, personally I would of expected a lot more.

Yep and I think majority or at least those who have at least join in 2017 would be between 30-40 years old by now. And we could say that it is maturing, but nevertheless it will be a cycle. As we graduated and see our first full cycle (bear/bull), we will see a new batch coming along in 2020-2021 and it goes on and goes. And maybe for those younger generations, perhaps it is by chance that they have discovered bitcoin during the pandemic or those age bracket have different mindset, to look for investment and grow their money at a young age.
Lol I include myself, although I'm not in my 30s I'm very close to that age, but I think that all of this those who are between 30 and 40 are the ones who have lived the longest eras of bitcoin, because taking an average, the majority who knew Bitcoin they did from 2014 onwards, and I would have liked to know bitcoin in 2009, but in the place where it was there was almost no internet and there was almost no interest in the forums, everything was more focused on MSN, and it was very difficult to find things like bitcoin over there.

Actually, I think general data as well as feedback shows that most Bitcoin investors are from the past 1-2 years. So really, it's not investors from 2014 getting older, but more so investors maturing. Which in turn shows that Bitcoin is maturing if the age of investors are, or at least in my mind. No longer is it a fringe currency that only attracts youthful gamblers, but a speculative investment for middle aged folk.
sr. member
Activity: 1372
Merit: 275
August 02, 2022, 10:12:04 AM
It's understandable that most people at the age of 30 will have to find another income generating gigs or investments. Because this is where you get to have a family and will realize you're not just working to earn for yourself but for your family.  So, yeah I am speaking base on my experience. Saving money from banks may not be enough. It's always better to have an invest/asset which would potentially double or triple your savings.
Age 30 is a productive age for us to accumulate as much savings as possible and also wealth in life, because with sufficient savings we can enjoy life easily when we are old or cant work again and I think it's not only for those who are already married, whoever we are should think about the future from an early age and at least between the ages of 30-50 we should already have savings in the form of money or investment.
full member
Activity: 759
Merit: 105
August 02, 2022, 09:36:54 AM
A forum poll might not be accurate enough to reveal the reality, because many people don't answer them and a higher percentage of crypto adopters should participate in order to collect enough data to reach a conclusion.
Despite this, it's well known most crypto enthusiasts are from millennials' generation (1981 – 1996 birth date). Youngest generation isn't too interested in investing money, it seems. At least for now.



DIGITAL 2022: BIG RISE IN CRYPTOCURRENCY OWNERSHIP

wow, is this true? most young age now own btc  Shocked


Anyone can access and invest to crypto world, it only depends of your interest and how will you manage your funds. There's always time for anyone and even though they'll discover it very late, as long as it will give you satisfaction and guarantee, you will always have the great side of it. Crypto is always open for any ages because how will you see digitial world will depend on yout strategy.
newbie
Activity: 25
Merit: 0
August 02, 2022, 08:44:48 AM
A forum poll might not be accurate enough to reveal the reality, because many people don't answer them and a higher percentage of crypto adopters should participate in order to collect enough data to reach a conclusion.
Despite this, it's well known most crypto enthusiasts are from millennials' generation (1981 – 1996 birth date). Youngest generation isn't too interested in investing money, it seems. At least for now.

https://images.squarespace-cdn.com/content/v1/5b79011d266c077298791201/24beac17-dcb9-49b6-8a54-792eecdf9376/Ownership+of+Cryptocurrency+by+Age+and+Gender+January+2022+DataReportal?format=1500w

DIGITAL 2022: BIG RISE IN CRYPTOCURRENCY OWNERSHIP

wow, is this true? most young age now own btc  Shocked
hero member
Activity: 2716
Merit: 552
August 02, 2022, 08:43:05 AM
It's understandable that most people at the age of 30 will have to find another income generating gigs or investments. Because this is where you get to have a family and will realize you're not just working to earn for yourself but for your family.  So, yeah I am speaking base on my experience. Saving money from banks may not be enough. It's always better to have an invest/asset which would potentially double or triple your savings.
sr. member
Activity: 2436
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
August 02, 2022, 08:28:21 AM
#99
Mostly the people I know are? ages from 40 to 45k as those are the people that i meet either in real life and in groups  though there are also younger but mostly are in this ages.
But it doesn't matter which ages/ the important things is who are the people that truly trusted bitcoin and who will keep their coins on hold for long term.
Why is there a "k" beside 45? Don't confuse age with price mate Cheesy. But, the age group that you mentioned was ranked as second in terms of votes while the age group that takes the lead are ages 30 to 35. Kinda close somehow.

Younger generations are involved late and I think they only came mainly for the profit while those who are much older are involved in bitcoin because of its technology but even if those younger people tend to sell more than hodling, they still have their own contributions here because they can also buy btc especially when the price is dipping and they can also recommend bitcoin to the people that they know.
Yes, the 30-35 year olds who have been simulated the most so far have done it, is it likely to change again? could happen.
that those aged 30-55 are very likely to be the most active, perhaps because they are already well-established in their work, so they are able to manage time, want to know and know what they can do.
while at the age below it is likely to be happier still looking for identity by continuing to communicate directly with their age and still prefer to gather.
only those who want to make a profit and already know the benefits of bitcoin may indeed care more.
sr. member
Activity: 1092
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July 31, 2022, 03:33:04 PM
#98
No age bracket into cryptocurrency and Bitcoin what age you find yourself, you can buy cryptocurrency and invest for yourself and wait for bullish season, i believe that people do buy Bitcoin for their children when they children is still tender and i believe that those people who do such have for sea the usefulness of cryptocurrency

The people or parents who buy Bitcoin for their children and the future are intelligent people, who are clear about what can happen, they know very well that bitcoin in the future will reach a very good price and that the prices right now are a bargain. for the prices that bitcoin will have in about 20 years this is something that few people see but you can't open your mind to everyone there will always be resistance in not wanting to make money or maybe those who say bitcoin will make them lose money, for me they still have a lot to learn.
hero member
Activity: 2730
Merit: 632
July 25, 2022, 03:44:28 PM
#97
Mostly the people I know are? ages from 40 to 45k as those are the people that i meet either in real life and in groups  though there are also younger but mostly are in this ages.
But it doesn't matter which ages/ the important things is who are the people that truly trusted bitcoin and who will keep their coins on hold for long term.
Why is there a "k" beside 45? Don't confuse age with price mate Cheesy. But, the age group that you mentioned was ranked as second in terms of votes while the age group that takes the lead are ages 30 to 35. Kinda close somehow.

Younger generations are involved late and I think they only came mainly for the profit while those who are much older are involved in bitcoin because of its technology but even if those younger people tend to sell more than hodling, they still have their own contributions here because they can also buy btc especially when the price is dipping and they can also recommend bitcoin to the people that they know.
It might be just some typo or misclicked and hadnt been noticed out but it is really just understandable because it would be no sense if you would really be putting much attention to it.
Age wont really matter honestly as long you are aware on what you are dealing with whether you do come for the money or into its utility then its up to someones choice.
Thing here is that we do able to see its benefits and that what makes support and recognition do even increase as we do go ahead on future years to come.
Age wont be an issue which had been said as long you are aware then neither aged 10 or 100 then it wont really be a hindrance or prohibited thing.
hero member
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July 25, 2022, 01:35:29 PM
#96
Mostly the people I know are? ages from 40 to 45k as those are the people that i meet either in real life and in groups  though there are also younger but mostly are in this ages.
But it doesn't matter which ages/ the important things is who are the people that truly trusted bitcoin and who will keep their coins on hold for long term.
Why is there a "k" beside 45? Don't confuse age with price mate Cheesy. But, the age group that you mentioned was ranked as second in terms of votes while the age group that takes the lead are ages 30 to 35. Kinda close somehow.

Younger generations are involved late and I think they only came mainly for the profit while those who are much older are involved in bitcoin because of its technology but even if those younger people tend to sell more than hodling, they still have their own contributions here because they can also buy btc especially when the price is dipping and they can also recommend bitcoin to the people that they know.
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