Is ageing and old people part of bitcoin?

Reatim

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Quote from: Godlovesyou on March 11, 2023, 03:01:48 PM

.

Do you think our ageing parents are into crypto investment or trading?

Let's see brilliant opinion

\if you are active in this forum then you should have already crossed that there are so many parents that already investing ,using and holding crypto specially bitcoin and even some prominent members here are already of age (considering me and many of my friends are also parents) your question seems to be a teenage question that trying to learn if how many are aging and youngsters in this market.
but what I can tell you? even my uncles and aunts are already crypto investors.

serjent05

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Quote from: savetheFORUM on July 20, 2023, 02:03:15 PM

Quote from: Bitcoin_people on July 18, 2023, 07:02:34 AM

There is no age in bitcoin learning it can be learned by people at any age if they have common sense. There are many people who are now very old but they are associated with this virtual currency. But where I live no older person has zero idea about this Bitcoin. They don't know anything about bitcoin and they don't want to know about it. Older people don't believe in these digital currencies. They can't explain why they don't have any inclination on digital currency they will tell them to invest in Bitcoin. However, those who have some idea about cryptocurrencies today may be able to make a good move towards Bitcoin in the future.

Yes, that is true. Even the kids now are being encourage to get involved as early as they can so that they can ingest a lot of knowledge the moment they are on the right age to trade a crypto. On what place do you live? Maybe Bitcoin there is not as popular as the others or it also has a restriction like it is only accepted as an asset and not as a currency.

I still think that it is not right to make 12 years old and below get involved in Bitcoin. I think it is best for them to focus on schooling since they will get to know about Bitcoin in their later age. For that age, these kids has no power to invest nor decide to participate in the Bitcoin economy. We are just putting pressure to these kids, I do not know how a person thinks that kids at this age should be involved in Bitcoin.

Quote from: savetheFORUM on July 20, 2023, 02:03:15 PM

Some countries has this status of BTC as well. For now they can say that they won't bother learning it but maybe when the status of BTC changes in your country and many people tried and use it, their views about it might also change. Many of us are like that and we even regret later on for joining late.

Some countries are neutral on Bitcoin, since they don't know what to do with Bitcoin yet, and are still under the status of learning about Bitcoin and its effect on their country's economy.

jostorres

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Quote from: Bitcoin_people on July 18, 2023, 07:02:34 AM

There is no age in bitcoin learning it can be learned by people at any age if they have common sense. There are many people who are now very old but they are associated with this virtual currency. But where I live no older person has zero idea about this Bitcoin. They don't know anything about bitcoin and they don't want to know about it. Older people don't believe in these digital currencies. They can't explain why they don't have any inclination on digital currency they will tell them to invest in Bitcoin. However, those who have some idea about cryptocurrencies today may be able to make a good move towards Bitcoin in the future.

The future is for young people, old people are living in their future, so they can't say that they would invest in the future if they find it has potential, though we can say that they can take a decision in the near future about what they want to do, but they can't wait for the extant future because we never know what will happen and they have already lived almost most part of their lives, so an old person who doesn't raise any interest is simply not interested.

Another reason why old people don't like or trust cryptocurrencies or digital currencies is that they have lived their lives without much technology and have used traditional financial systems for their whole lives, so they would probably not start believing in something new all of a sudden, especially if it's something which is difficult for them to learn.

Davian144

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Quote from: 19Nov16 on July 15, 2023, 10:44:52 AM

Bitcoin is an easy thing, the presence of Multi Wallet applications on Android, for example Trustwallet, makes it easy for us to buy and sell, even old people can also be easy for investment Bitcoin because many old people are still active and do negative activities such as gambling.

Easy to use but not easy to get except for those who have more money so they can immediately buy with the abilities they have. For wallet matters, I think it really depends on one's needs in using it, because if someone just wants to store Bitcoins for a long term, the more appropriate choice of wallet is Electrum. But if someone whose needs are more towards commerce, then it is fine if he chooses Trustwallet for that usage, but I would not suggest him to store Bitcoins long term in Trustwallet.

Negotiation

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Quote from: Onyeeze on July 20, 2023, 07:07:55 PM

Quote from: 19Nov16 on July 15, 2023, 10:44:52 AM

Bitcoin is an easy thing, the presence of Multi Wallet applications on Android, for example Trustwallet, makes it easy for us to buy and sell, even old people can also be easy for investment Bitcoin because many old people are still active and do negative activities such as gambling.

I will start from wallet you mentioned I don't think with a trust wallet you can buy a bitcoin through a trust wallet, what I believe in trust wallet is that is a place where you can keep the coins you buy, you can only sell your coin in trust wallet through p2p but the icon of trust or the platform of trust wallet have not used to notify some people to sell bitcoins and any other coin before. For the gambling, it is not meant for old people alone, I dispute the fact, because gambling is for everyone that is up to adult and it doesn't have a categories for the way I understand gambling and people who participate in gambling.

Yes, not only old people but all kinds of people are considered here for gambling, they do not have any fixed age. Since trust wallet is a decentralized based platform, it is not as secure as other wallets. Buying crypto currency especially Bitcoin from our country has not yet become easy. But it is expected that this feature will be launched very soon, but you can do other tasks very easily. Also trust wallet is not available in all countries trust wallet is not compatible with all exchanges.

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Quote from: Bitcoin_people on July 18, 2023, 07:02:34 AM

There is no age in bitcoin learning it can be learned by people at any age if they have common sense. There are many people who are now very old but they are associated with this virtual currency. But where I live no older person has zero idea about this Bitcoin. They don't know anything about bitcoin and they don't want to know about it. Older people don't believe in these digital currencies. They can't explain why they don't have any inclination on digital currency they will tell them to invest in Bitcoin. However, those who have some idea about cryptocurrencies today may be able to make a good move towards Bitcoin in the future.

Could it be due to economic factors? I mean people from low economic circles don't really understand technology because they have limited access to the internet so let alone for the old even for young people they find it difficult to know about the latest technology where we know that Bitcoin is also about technology, if they are interested in everything about the latest technology then it will be very possible to be interested in knowing about Bitcoin, but the obstacle faced is the internet so we can see there are many people in the world who are left behind about the latest technology because the internet is not yet available there.

Onyeeze

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Quote from: 19Nov16 on July 15, 2023, 10:44:52 AM

Bitcoin is an easy thing, the presence of Multi Wallet applications on Android, for example Trustwallet, makes it easy for us to buy and sell, even old people can also be easy for investment Bitcoin because many old people are still active and do negative activities such as gambling.

I will start from wallet you mentioned I don't think with a trust wallet you can buy a bitcoin through a trust wallet, what I believe in trust wallet is that is a place where you can keep the coins you buy, you can only sell your coin in trust wallet through p2p but the icon of trust or the platform of trust wallet have not used to notify some people to sell bitcoins and any other coin before. For the gambling, it is not meant for old people alone, I dispute the fact, because gambling is for everyone that is up to adult and it doesn't have a categories for the way I understand gambling and people who participate in gambling.

ginsan

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Quote from: savetheFORUM on July 20, 2023, 02:03:15 PM

Yes, that is true. Even the kids now are being encourage to get involved as early as they can so that they can ingest a lot of knowledge the moment they are on the right age to trade a crypto. On what place do you live? Maybe Bitcoin there is not as popular as the others or it also has a restriction like it is only accepted as an asset and not as a currency.

Some countries has this status of BTC as well. For now they can say that they won't bother learning it but maybe when the status of BTC changes in your country and many people tried and use it, their views about it might also change. Many of us are like that and we even regret later on for joining late.

In this case I think it's never too late for someone to learn Bitcoin and Invest in Bitcoin. If you look at Saylor he was a Bitcoin opponent before but he learned a lot behind the scenes so in this period we have seen Saylor already has a lot of Btc that he buys. Saylor is old and he is not too late is it. So that's what I can conclude if they go deeper then Bitcoin is a wise investment that they can apply.

Even in several other threads I have seen that many students or those who are still in education have studied Bitcoin and learned to invest in Bitcoin. I think the era is getting ahead in the future so if they delay learning Bitcoin then they are getting left behind in today modern era.

savetheFORUM

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Quote from: Bitcoin_people on July 18, 2023, 07:02:34 AM

There is no age in bitcoin learning it can be learned by people at any age if they have common sense. There are many people who are now very old but they are associated with this virtual currency. But where I live no older person has zero idea about this Bitcoin. They don't know anything about bitcoin and they don't want to know about it. Older people don't believe in these digital currencies. They can't explain why they don't have any inclination on digital currency they will tell them to invest in Bitcoin. However, those who have some idea about cryptocurrencies today may be able to make a good move towards Bitcoin in the future.

Yes, that is true. Even the kids now are being encourage to get involved as early as they can so that they can ingest a lot of knowledge the moment they are on the right age to trade a crypto. On what place do you live? Maybe Bitcoin there is not as popular as the others or it also has a restriction like it is only accepted as an asset and not as a currency.

Some countries has this status of BTC as well. For now they can say that they won't bother learning it but maybe when the status of BTC changes in your country and many people tried and use it, their views about it might also change. Many of us are like that and we even regret later on for joining late.

Bitcoin_people

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There is no age in bitcoin learning it can be learned by people at any age if they have common sense. There are many people who are now very old but they are associated with this virtual currency. But where I live no older person has zero idea about this Bitcoin. They don't know anything about bitcoin and they don't want to know about it. Older people don't believe in these digital currencies. They can't explain why they don't have any inclination on digital currency they will tell them to invest in Bitcoin. However, those who have some idea about cryptocurrencies today may be able to make a good move towards Bitcoin in the future.

Etsuko42079

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19Nov16

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Bitcoin is an easy thing, the presence of Multi Wallet applications on Android, for example Trustwallet, makes it easy for us to buy and sell, even old people can also be easy for investment Bitcoin because many old people are still active and do negative activities such as gambling.

dunfida

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Quote from: CarnagexD on July 13, 2023, 08:03:25 AM

Quote from: CryptoBuds on July 11, 2023, 10:48:04 PM

Quote from: flyingcarpet on July 11, 2023, 09:20:57 AM

Quote from: CryptoBuds on July 11, 2023, 05:51:11 AM

Quote from: zaim7413 on July 11, 2023, 05:11:08 AM

Those who come from the older generation have experienced many different experiences in life, starting from Online investing or Offline investing. The bad experiences they've had in the past have taught them to be careful in trusting online investment features, that's normal in my opinion.

Negative assumptions about investment models available on the internet are not entirely wrong according to their experience, naturally they consider all types of online investments to be fraudulent including Bitcoin because based on their past experience and they don't understand how Bitcoin works. To change the negative mindset on Bitcoin requires education for them, children need to open their parents' eyes by providing an understanding equipped with data and the fact that Bitcoin is not like an investment medium like they have done in the past.

Educating them is one solution but I don't think it will completely address their misconceptions about bitcoin or cryptocurrencies. The people of our older generation not only have no knowledge of bitcoin, but also do not want to keep up to date with new things. They are skeptical about online investments, and the important thing is that they have a lot of confidence in the government, they believe what the government says more than we do. In my opinion, it is only when the government declares that bitcoin is legal and asks people to use it that generations like our parents and grandparents will believe in bitcoin.

Older people don't feel safe when they are confronted with something that is outside what they are used to. It is outside what they have been used to for years. So older people would rather not try it at all than try it even once. I think this is the main reason.

It is up to them to turn this situation around. It is not possible for anyone else to do it but themselves. I'm not saying it's impossible, but it can be difficult.

If someone in the family tells them and mentions bitcoin, maybe they'll change their minds. If we talk about today's technology in detail, there is a possibility that their thoughts about security will change. Of course, risks should also be mentioned.

It's hard to explain to older people about bitcoin technology because not everyone is as fully educated as we are now. Introducing and showing them how to use bitcoin is hard, and even more complicated when you try to discuss the technology with them. Even using a smartphone, my parents have a lot of difficulties, how can I talk about technology or more confusing things about bitcoin with them? It's easy to say, but when you start to teach them bitcoin, you see how difficult it is.

well that’s reasonable. older people tends to neagte and cope to the chages on their environment especially in speaking of technology. What more then when you introduce bitcoin and cryptocurrencies. It is the the evolution of web development is it? so instead of learning they would insateaf say, “i’m too old for that”, it’s only for the young” . They ratuonalize and sabotage themselves.

Still depend on a certain individual because not all would really be that having open minded when it comes to technology or things that changed and some of them would really be sticking on what they had been able to get used to on which there are individuals which would really be that close minded and there would be those who do easily adapt if ever there's something new that they would encounter. When it comes to the idea on this cryptospace on which there's no limit about age or gender you do have. This is why there's no limitation or prohibition on whose and whose not would be able to engage with crypto. This is open for anyone
and you could freely engage as you do like and as long you do want and preferred. There are really just that people who are really that cant accept or welcome new ideas or changes that they encounter
and stick into those old fashioned ways. Just let them be and dont force them if ever they would really be refusing on doing so.

Bushdark

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Quote from: AakZaki on July 11, 2023, 11:37:11 AM

Quote from: Pierre 2 on June 14, 2023, 01:51:12 AM

I don't know if you guys ever personally try but its very hard to communicate with people over 60 and/or 70 in my family and friends circle. Most of them don't even know how digital banking works let alone Bitcoin. I sometimes find very wise and educated old people. I enjoy every minute of discussing Bitcoin with them. I think they should be encouraged to invest in Bitcoin. We may consider that they are already in retirement phase of their lives but why would they waste money? They can get better services (as they will definitely need because they are old) through money they generated from Bitcoin investments.

The age of 60-70 years is old enough to start Bitcoin knowledge, but knowledge knows no age and can be learned by anyone. However, senile disease will attack them at that age and it is difficult to understand and remember what they have learned again. Telling your parents or grandparents about Bitcoin will be hard enough, it takes some patience. and it also depends on how smart they are. If at a young age they are economists or who like to discuss technology, then they will understand what Bitcoin means. If they started getting involved and investing a long time ago, then they would have the opportunity to make money on Bitcoins and make their living. But if they are new, just know enough and the money is better used for living expenses and some medicines, except for parents who are already rich with lots of assets everywhere.

The old can still learn about Bitcoin if they are so much interested in it. Learning Bitcoin should only not to be for the youth but for the children and the adults. The adult too can learn and understand the basics of cryptocurrency even though they are old. There are still people that can read and write at there old age. Bitcoin education is supposed to be for everyone and no discrimination whether a person is old or too small to learn what Bitcoin could be all about. The old shoudl not be left out of Bitcoin education except they have memory problems they are treating which will make them forget things easily.

CarnagexD

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Quote from: CryptoBuds on July 11, 2023, 10:48:04 PM

Quote from: flyingcarpet on July 11, 2023, 09:20:57 AM

Quote from: CryptoBuds on July 11, 2023, 05:51:11 AM

Quote from: zaim7413 on July 11, 2023, 05:11:08 AM

Those who come from the older generation have experienced many different experiences in life, starting from Online investing or Offline investing. The bad experiences they've had in the past have taught them to be careful in trusting online investment features, that's normal in my opinion.

Negative assumptions about investment models available on the internet are not entirely wrong according to their experience, naturally they consider all types of online investments to be fraudulent including Bitcoin because based on their past experience and they don't understand how Bitcoin works. To change the negative mindset on Bitcoin requires education for them, children need to open their parents' eyes by providing an understanding equipped with data and the fact that Bitcoin is not like an investment medium like they have done in the past.

Educating them is one solution but I don't think it will completely address their misconceptions about bitcoin or cryptocurrencies. The people of our older generation not only have no knowledge of bitcoin, but also do not want to keep up to date with new things. They are skeptical about online investments, and the important thing is that they have a lot of confidence in the government, they believe what the government says more than we do. In my opinion, it is only when the government declares that bitcoin is legal and asks people to use it that generations like our parents and grandparents will believe in bitcoin.

Older people don't feel safe when they are confronted with something that is outside what they are used to. It is outside what they have been used to for years. So older people would rather not try it at all than try it even once. I think this is the main reason.

It is up to them to turn this situation around. It is not possible for anyone else to do it but themselves. I'm not saying it's impossible, but it can be difficult.

If someone in the family tells them and mentions bitcoin, maybe they'll change their minds. If we talk about today's technology in detail, there is a possibility that their thoughts about security will change. Of course, risks should also be mentioned.

It's hard to explain to older people about bitcoin technology because not everyone is as fully educated as we are now. Introducing and showing them how to use bitcoin is hard, and even more complicated when you try to discuss the technology with them. Even using a smartphone, my parents have a lot of difficulties, how can I talk about technology or more confusing things about bitcoin with them? It's easy to say, but when you start to teach them bitcoin, you see how difficult it is.

well that’s reasonable. older people tends to neagte and cope to the chages on their environment especially in speaking of technology. What more then when you introduce bitcoin and cryptocurrencies. It is the the evolution of web development is it? so instead of learning they would insateaf say, “i’m too old for that”, it’s only for the young” . They ratuonalize and sabotage themselves.

CryptoBuds

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Quote from: flyingcarpet on July 11, 2023, 09:20:57 AM

Quote from: CryptoBuds on July 11, 2023, 05:51:11 AM

Quote from: zaim7413 on July 11, 2023, 05:11:08 AM

Those who come from the older generation have experienced many different experiences in life, starting from Online investing or Offline investing. The bad experiences they've had in the past have taught them to be careful in trusting online investment features, that's normal in my opinion.

Negative assumptions about investment models available on the internet are not entirely wrong according to their experience, naturally they consider all types of online investments to be fraudulent including Bitcoin because based on their past experience and they don't understand how Bitcoin works. To change the negative mindset on Bitcoin requires education for them, children need to open their parents' eyes by providing an understanding equipped with data and the fact that Bitcoin is not like an investment medium like they have done in the past.

Educating them is one solution but I don't think it will completely address their misconceptions about bitcoin or cryptocurrencies. The people of our older generation not only have no knowledge of bitcoin, but also do not want to keep up to date with new things. They are skeptical about online investments, and the important thing is that they have a lot of confidence in the government, they believe what the government says more than we do. In my opinion, it is only when the government declares that bitcoin is legal and asks people to use it that generations like our parents and grandparents will believe in bitcoin.

Older people don't feel safe when they are confronted with something that is outside what they are used to. It is outside what they have been used to for years. So older people would rather not try it at all than try it even once. I think this is the main reason.

It is up to them to turn this situation around. It is not possible for anyone else to do it but themselves. I'm not saying it's impossible, but it can be difficult.

If someone in the family tells them and mentions bitcoin, maybe they'll change their minds. If we talk about today's technology in detail, there is a possibility that their thoughts about security will change. Of course, risks should also be mentioned.

It's hard to explain to older people about bitcoin technology because not everyone is as fully educated as we are now. Introducing and showing them how to use bitcoin is hard, and even more complicated when you try to discuss the technology with them. Even using a smartphone, my parents have a lot of difficulties, how can I talk about technology or more confusing things about bitcoin with them? It's easy to say, but when you start to teach them bitcoin, you see how difficult it is.

AakZaki

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Quote from: Pierre 2 on June 14, 2023, 01:51:12 AM

I don't know if you guys ever personally try but its very hard to communicate with people over 60 and/or 70 in my family and friends circle. Most of them don't even know how digital banking works let alone Bitcoin. I sometimes find very wise and educated old people. I enjoy every minute of discussing Bitcoin with them. I think they should be encouraged to invest in Bitcoin. We may consider that they are already in retirement phase of their lives but why would they waste money? They can get better services (as they will definitely need because they are old) through money they generated from Bitcoin investments.

The age of 60-70 years is old enough to start Bitcoin knowledge, but knowledge knows no age and can be learned by anyone. However, senile disease will attack them at that age and it is difficult to understand and remember what they have learned again. Telling your parents or grandparents about Bitcoin will be hard enough, it takes some patience. and it also depends on how smart they are. If at a young age they are economists or who like to discuss technology, then they will understand what Bitcoin means. If they started getting involved and investing a long time ago, then they would have the opportunity to make money on Bitcoins and make their living. But if they are new, just know enough and the money is better used for living expenses and some medicines, except for parents who are already rich with lots of assets everywhere.

flyingcarpet

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Quote from: CryptoBuds on July 11, 2023, 05:51:11 AM

Quote from: zaim7413 on July 11, 2023, 05:11:08 AM

Those who come from the older generation have experienced many different experiences in life, starting from Online investing or Offline investing. The bad experiences they've had in the past have taught them to be careful in trusting online investment features, that's normal in my opinion.

Negative assumptions about investment models available on the internet are not entirely wrong according to their experience, naturally they consider all types of online investments to be fraudulent including Bitcoin because based on their past experience and they don't understand how Bitcoin works. To change the negative mindset on Bitcoin requires education for them, children need to open their parents' eyes by providing an understanding equipped with data and the fact that Bitcoin is not like an investment medium like they have done in the past.

Educating them is one solution but I don't think it will completely address their misconceptions about bitcoin or cryptocurrencies. The people of our older generation not only have no knowledge of bitcoin, but also do not want to keep up to date with new things. They are skeptical about online investments, and the important thing is that they have a lot of confidence in the government, they believe what the government says more than we do. In my opinion, it is only when the government declares that bitcoin is legal and asks people to use it that generations like our parents and grandparents will believe in bitcoin.

Older people don't feel safe when they are confronted with something that is outside what they are used to. It is outside what they have been used to for years. So older people would rather not try it at all than try it even once. I think this is the main reason.

It is up to them to turn this situation around. It is not possible for anyone else to do it but themselves. I'm not saying it's impossible, but it can be difficult.

If someone in the family tells them and mentions bitcoin, maybe they'll change their minds. If we talk about today's technology in detail, there is a possibility that their thoughts about security will change. Of course, risks should also be mentioned.

CryptoBuds

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Quote from: zaim7413 on July 11, 2023, 05:11:08 AM

Those who come from the older generation have experienced many different experiences in life, starting from Online investing or Offline investing. The bad experiences they've had in the past have taught them to be careful in trusting online investment features, that's normal in my opinion.

Negative assumptions about investment models available on the internet are not entirely wrong according to their experience, naturally they consider all types of online investments to be fraudulent including Bitcoin because based on their past experience and they don't understand how Bitcoin works. To change the negative mindset on Bitcoin requires education for them, children need to open their parents' eyes by providing an understanding equipped with data and the fact that Bitcoin is not like an investment medium like they have done in the past.

Educating them is one solution but I don't think it will completely address their misconceptions about bitcoin or cryptocurrencies. The people of our older generation not only have no knowledge of bitcoin, but also do not want to keep up to date with new things. They are skeptical about online investments, and the important thing is that they have a lot of confidence in the government, they believe what the government says more than we do. In my opinion, it is only when the government declares that bitcoin is legal and asks people to use it that generations like our parents and grandparents will believe in bitcoin.

superman184

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Quote from: asrinur on July 10, 2023, 10:54:53 AM

You are right, it is important to understand that trading or investing in cryptocurrencies involves risks and can result in gains or losses. Therefore, a disciplined approach, a good understanding of risk, careful research and good management of emotions are important factors in trading or investing in cryptocurrencies.

All the important things that you have mentioned must be owned by traders and investors, because without having and understanding these things, of course they will not have enough patience in trading and investing. This means that once traders and investors have sufficient capital and a good understanding of cryptocurrencies, they must also have patience in dealing with every situation that is happening in the market and this can be obtained through good emotional management.

That is why I consider everything that you say is important and must be owned by those who work as traders and investors, because basically there is nothing easy to get in the crypto space other than having to be able to struggle with any conditions.

Topic: Is ageing and old people part of bitcoin? (Read 1145 times)