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Topic: At What Age You Got into Bitcoin and also Trading? (Read 486 times)

legendary
Activity: 3808
Merit: 1723
About 10 years ago I used to trade forex a lot. And I heard about Bitcoin usually from the news and it was always labeled as a scam by most news reports back then.

I used to think it was a scam also. However I got interested and learnt how the technology works in early 2014 and haven’t looked back. If only I got involved in 2012 when it was super cheap it would of been the best investment of my life. Was like $30 then a coin.
sr. member
Activity: 2618
Merit: 439
not sure if there are really one of us who wanted to deliver their exact age as the topic isn't truly that explaining but yeah I have learned this at my adult years and start investing years after as I need to completely understand this first but what I got? is investing more in gambling lol, meaning I have lost majority of my crypto in addiction to gambling and that hates me every time I remember but lucky also that i start learning the right way and now? have changed a lot.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
I don't know when I started trading for the first time, but until now I still can't trade consistently, always experience boredom and sometimes lose
maybe my age, which is not young, is even close to 1/2 century, lazy to do new things
hero member
Activity: 1540
Merit: 812
Leading Crypto Sports Betting & Casino Platform
There are two direct approaches one gets to know bitcoin?

  • Introduced by a friend

I saw my friend displaying photos of profits and green candles on social media. It attracted me a lot, so it was originally an advantage. And that's money.  It was the first time I heard of Bitcoin. So I've known Bitcoin for almost 8 years and have gone through two halvings. So I feel very lucky to know Bitcoin because with this I can help improve my economy. To be precise, I got to know Bitcoin in 2015, it was after I finished my final college assignment. Although I am familiar with trading, it turns out that Bitcoin is very broad. There are many factors that influence it.
You know bitcoin is two years faster than me but the way we were introduced and the approach to bitcoin was different, I was introduced by a colleague and if I'm not mistaken through mining on one of the free websites but I don't really remember what the process was like anymore. April 8 2017 to be precise, I got to know this forum and got a lot of knowledge about bitcoin, crypto, exchange, wallet and others.

This is quite an impressive experience for me and it is true that there are many factors that influence people to get to know bitcoin, until today we have been so thick and adapted to the decentralized investment model.
hero member
Activity: 700
Merit: 541
Bitcoin Casino Est. 2013
The amusing tale I first heard about bitcoin during my undergraduate studies was from a guy who lived close to me, but I wasn't concerned about anything at the time until a very close friend of mine started talking about it. I then asked him what it was about, and with the little information I learned from him, I did my own research. I saw the price of bitcoin at the time and ignored it until I saw the boost and regretted not buying, but now I'm not passing up this opportunity once more.

Most of us made similar mistake either we heard about Bitcoin and choose to ignore it or we knew what Bitcoin was about but was too scared to invest in it or we were not given the right information on what Bitcoin is all about.
All those were among the major reasons why most of us became late adopters of Bitcoin.
hero member
Activity: 882
Merit: 581

Getting into crypto at early age all depends on opportunity an individual get. It is always easy to do what your friends or your close relations are doing, sometimes we are build up by our group, community or families attitudes, because we are easily influenced by they are action. Why you found range of 17 to 30 years commonly in crypto it is because of exposure in term of technology meanly in African countries.

As for me, I was always seen an advertisement of Crypto over six years before i latter start to learn it because no of my close people was doing it, despite I want to more about it but no encouragement from any side. I was latter introduced to cryptocurrency when I was in university with a group of friends because they do always talk about cryptocurrency and the profit they are making out of it, that was even what encouraged me mostly. So I started my crypto investment at age of 25, and currently I am teaching my uncle who is 65 years old because he see most of our family in that aspect.
hero member
Activity: 1400
Merit: 770
There are two direct approaches one gets to know bitcoin?

  • Introduced by a friend

I saw my friend displaying photos of profits and green candles on social media. It attracted me a lot, so it was originally an advantage. And that's money.  It was the first time I heard of Bitcoin. So I've known Bitcoin for almost 8 years and have gone through two halvings. So I feel very lucky to know Bitcoin because with this I can help improve my economy. To be precise, I got to know Bitcoin in 2015, it was after I finished my final college assignment. Although I am familiar with trading, it turns out that Bitcoin is very broad. There are many factors that influence it.
hero member
Activity: 910
Merit: 507
The amusing tale I first heard about bitcoin during my undergraduate studies was from a guy who lived close to me, but I wasn't concerned about anything at the time until a very close friend of mine started talking about it. I then asked him what it was about, and with the little information I learned from him, I did my own research. I saw the price of bitcoin at the time and ignored it until I saw the boost and regretted not buying, but now I'm not passing up this opportunity once more.
You were very lucky to have heard about Bitcoin while you were an undergraduate list the educational environment should have helped your research on the subject matter, early discovery gives time for one to build knowledge and properly understand the way the Bitcoin network work.

So now that you have more knowledge and are also a member of the forum, you will already have adequate knowledge that will guide you through the journey to becoming financially independent and free from third parties involvement.
hero member
Activity: 1540
Merit: 812
Leading Crypto Sports Betting & Casino Platform
According to me mostly people that came in crypto are mostly young aged people that range from 15 to 30 years. And I have seen less old people that first gotten in crypto. Because they think that crypto is not good for them.
Regarding the age of someone who knows bitcoin, it is very relative, because there are many factors that make people familiar with bitcoin, social media and online news that is currently published also quite a lot discusses bitcoin openly. Meanwhile, parents who are not technologically literate will find it difficult to invest in bitcoin and maybe because of this factor, the age of 20-35 years is more dominant in investing in bitcoin at this time.

There are two direct approaches one gets to know bitcoin?

  • Introduced by a friend
  • Bitcoin information is obtained through social media or other online news

However, the important point is not at what age someone knows bitcoin, but how far people are involved in investing at this time, considering that many sources have proven that bitcoin is the best investment ever.
legendary
Activity: 2464
Merit: 1102
I was my self Wondering that there a re a lot of people who gotten in crypto makret in how much age?
As for as I am concerned I was only 17 years old in 2017 when I got some news about Bitcoin and It took me almost 3 years to learn and do something good for me and also my future.
According to me mostly people that came in crypto are mostly young aged people that range from 15 to 30 years. And I have seen less old people that first gotten in crypto. Because they think that crypto is not good for them.
It was in my 20's, and now I am in my 30's and I can tell you that the difference is staggering. When you get older you get wiser for sure. It's not just about knowledge or information or school related stuff or even skills, it's not even about knowing everything in wikipedia, that's not it. When you get older you get wiser, which means you could make better decisions on life and that's not something you could learn when you are young, it requires experience.

And according to your experiences, you could become a much better investor, or know a lot more about money as well. I have made so much more money in the last 3 years of my life than my entire 20's combined.
sr. member
Activity: 966
Merit: 391
Underestimate- nothing
The amusing tale I first heard about bitcoin during my undergraduate studies was from a guy who lived close to me, but I wasn't concerned about anything at the time until a very close friend of mine started talking about it. I then asked him what it was about, and with the little information I learned from him, I did my own research. I saw the price of bitcoin at the time and ignored it until I saw the boost and regretted not buying, but now I'm not passing up this opportunity once more.
member
Activity: 124
Merit: 11
I was in my early 20s, and that was back at the beginning of 2010. I would probably go into it even earlier if I would found out about it in like 2009, but honestly, you can't get much earlier than that.  Cheesy
member
Activity: 165
Merit: 21
I heard about bitcoin trading long ago but was not  interested about trading also it requires enough knowledge. And basically what trading is done based on these price fluctuations. But if you don't know which coins will fall in price and which coins will rise in price then you can't profit in any way. But not if you know that you can benefit from that's why you have to study the market well before trading.
sr. member
Activity: 1610
Merit: 406
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Since 2017 I have known the world of bitcoin and at that time I was only 20 years old and had not fully studied the world of bitcoin, after a big increase then at that time it was just finding out how bitcoin performed and finally I was interested and until now I still follow the development of the bitcoin world, and I am sure that many bitcoin users today are still young and they have great ambitions to be able to get results in the crypto world, With the current popularity of Bitcoin, crypto users are getting bigger and more and more different like 2017, and I believe we all have different experiences.
hero member
Activity: 1722
Merit: 895
The age category of 25-34 years is the most age for cryptocurrency owners, and this age is certainly a mature enough age to start exploring crypto and investing, although investing in crypto doesn't have to be at that age.

More male users are investing in crypto than women. Men aged 25-35 years reached 15.5% and women as much as 9.5%.
This percentage is likely to increase in 2023 with the continued development of technology and ease of access to any investment.

This data also simultaneously shows the potential age for investing in the crypto industry, ages 25-34 are considered the most financially mature, so that opportunities for investment are greater and added skills and ease of adapting to the times and technological sophistication. Technology plays an important role in making investments, so they should also master the basics before getting started. Although older or younger age is also increasing in percentage every year.

For gender, it is indeed controlled by men in the largest number who make investments, but women also experience a significant increase every year and I think the increase in 2023 will be much more significant.
legendary
Activity: 2744
Merit: 1878
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-snip-
Maybe he and @Jetcash are probably the oldest members of the forum we know, I remember Jetcash just turned 80, I don't remember exactly, but it must be.
yes, thanks for reminding me about @jetcash. I just remembered after you said that @jetcash is the oldest member in this forum.
Currently, he is over 81 years old, but he was last active on November 21, 2021, I hope @jetacash and several members who are already in this forum will be given health.

and below are some posts stating that @jetcash was 80 years old at the time.

https://bitcointalksearch.org/topic/m.60078071

https://bitcointalksearch.org/topic/m.56934162

-snip-
Bitcoin does not discriminate between rich and poor, racist, young or old...bitcoin is for everyone, who is willing to accept it.
Bitcoin investment will not differentiate anything, everything will be the same. who wants to invest and wants to learn about bitcoin, cryptocurrency and technology, then he will get the benefits.

Remember @jetcash's sentence that said old age is not a disease and will not hinder anything, including investing in bitcoin.
" Age is not a disease, and it only slows your intellectual abilities if you give up or lose interest in innovation"

-snip-
As data on the percentage of internet users who have crypto currency in 2022, as released by databoks

https://i.ibb.co/h9F0XsZ/IMG-20230105-201257.png


The age category of 25-34 years is the most age for cryptocurrency owners, and this age is certainly a mature enough age to start exploring crypto and investing, although investing in crypto doesn't have to be at that age.

More male users are investing in crypto than women. Men aged 25-35 years reached 15.5% and women as much as 9.5%.
This percentage is likely to increase in 2023 with the continued development of technology and ease of access to any investment.
full member
Activity: 1092
Merit: 227
Wow man you started pretty early! I was 26 when I started my bitcoin journey and first encounter was actually at the age of 22-24 I guess. I did not care much about it since it was new at the time and never thought that it will be something in the future. In addition to that when I started at 26 it was really just learning, accepting and motivating part for me but I did not really invest until couple of years later. I am not much of trading guy but initially had some adrenaline to do it but now I understand that holding bitcoin rather than trading is far far greater thing to do. You can get more profits that way and you get to enjoy the freedom of savings. Never too late to start with the bitcoin.
sr. member
Activity: 588
Merit: 254
It seems interesting to me how OP discussed about the age factor. Some of the folks may agree with me that age group or in case of Bitcoin and Blockchain technology we cannot skip the generation gap. I believe that the majority of the early adopter's of Bitcoin would be people in their twenties or below.
Bitcoin was whole a new technology and people familiar to the traditional Fiat system from ages use to talk about it as a scam. There was a very low ratio of acceptance for Bitcoin to be used as currency among a certain age group (people around and above 50s). Even the financial institutions were not ready to accept Bitcoin.
Later on when the Bitcoin price crossed $7k then banks and other institutions jumped into it and thus a large number of aged and even retired personnel acknowledged Bitcoin.
hero member
Activity: 1722
Merit: 895
I agree that Bitcoin and cryptocurrency in general are easily accepted much more by younger people than our older folks, this i believe is because the technicalities involved in buying, selling and even hodling bitcoin cant be easily understood by the older folks, probably because they hardly have the time to sit and study the subject, most especially those of them who already own and are running their own big businesses, they fill they've fulfilled their destinies already, so why the hassle, trying out new stuffs.
Either coincidence or indeed technology is quite limited for parents. Literally the buying and selling process that occurs in bitcoin involves exchange, meaning that there are certain ways of buying and selling that people must learn before trading bitcoins, which may on this basis make it difficult for parents to learn technical matters in buying and selling, plus again having to deal with specific exchanges and wallets.

Moreover, older people are a bit behind when it comes to technology, making it difficult for them to get involved in investing in bitcoin and crypto in general, although not all aged people have this problem.

Quote
But the younger folks that are still searching for their destinies are always ready to try out new things, for this forks, their risk appetite is still on the high side, so its no surprise that they are the ones that easily accept bitcoin and crypto.
I got into crypto in my early 20s though.
One of the accurate reasons, maybe people are still young because they master technology, so it is easier to approach investing in bitcoin and crypto in general, because it is not so difficult to understand blockchain technology or other technical matters.

As data on the percentage of internet users who have crypto currency in 2022, as released by databoks




hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
According to me mostly people that came in crypto are mostly young aged people that range from 15 to 30 years.

Nah.  I was 75 years old when I got came into crypto.
hey grandpa, if you are that old, you are amazing to be in this forum, maybe the oldest bitcointalk user today.
I even got to know bitcoin and this forum when I was 19 years old, maybe relatively young when I graduated from high school. Took me 1 year to study this forum and bitcoin.
You probably already have lots of grandchildren who know about bitcoin and understand what their grandfathers did with this forum.
Maybe he and @Jetcash are probably the oldest members of the forum we know, I remember Jetcash just turned 80, I don't remember exactly, but it must be.


And I have seen fewer old people that first got into crypto.

Perhaps that's because you know a lot of young people, and you don't know a lot of old people?

OP really only knows a lot of young people and doesn't know a lot of parents who join this forum.
Should we be doing a poll to find out the ages of the bitcointalk forum users and how many boys and girls are here?
Or if there has been a poll about the age of users and the number of genders in this forum, let me know.

Not only this forum, but I believe that many parents and grandparents are also investing in this market. Bitcoin not only attracts young people, but it will appeal to anyone who loves the new, is willing to accept the new, and those who are passionate about investment cannot ignore bitcoin. Bitcoin does not discriminate between rich and poor, racist, young or old...bitcoin is for everyone, who is willing to accept it.
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