Is ageing and old people part of bitcoin? - page 2.

peter0425

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

Parents that are of age, what do we think about then? Do you think they're eligible and learned to learn about bitcoin? Talking about ageing parents of 70, 80, and 90s. Looking at the current world parents don't like their children to be exposed to internet maybe because of their past experience of scam threats or they've trade something similar to bitcoin in the past.

we have already parents members here though like me i am not at that age still yet there are some of presented members here that on that age so better ask them?

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Do you think our ageing parents are into crypto investment or trading? Some of them are sound and intelligent and they can comfortable operates their tabs while relaxing. If they're probably into crypto why are some of them advising their children to diseased from internet?

Let's see brilliant opinion

My mother is a brilliant Lady and indeed she is now a bitcoin investors , i presented this to her for years now but just recently that she completely believe and putting Her monthly pension all in bitcoin( because me and my siblings are providing for her) so she need nothing to use of her own money.

zaim7413

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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.

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

Parents that are of age, what do we think about then? Do you think they're eligible and learned to learn about bitcoin? Talking about ageing parents of 70, 80, and 90s. Looking at the current world parents don't like their children to be exposed to internet maybe because of their past experience of scam threats or they've trade something similar to bitcoin in the past.

The age of 70 years may still qualify, but they can't focus too much anymore in front of a tab or laptop because their eyesight is starting to suffer. Bitcoin investment media is available to the public, this fact cannot be disputed, but specifically for those who are over 70 their time is a bit limited to learn to invest in Bitcoin due to age and health factors.
How do they know their children are involved in Bitcoin trading or investing if they don't tell their parents what they are doing, it is impossible for parents to assume something beyond their knowledge about the activities their children are doing.

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

Do you think our ageing parents are into crypto investment or trading? Some of them are sound and intelligent and they can comfortable operates their tabs while relaxing. If they're probably into crypto why are some of them advising their children to diseased from internet?

Why not, in essence you have to show the results you have gotten from investing in Bitcoin on them. Explain to them in as much detail as possible how to invest in Bitcoin in order to make a profit.
The majority of parents want the best for their children, they will always supervise the activities their children are doing so they don't fall into things that are not right. In the eyes of our parents we are still children even though we are adults, their attention to us cannot be separated from their desire so that children can make their parents proud.

romero121

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Quote from: Franctoshi on July 10, 2023, 06:10:50 PM

Op, I want to draw your attention to something, age is just a number, what matters here as an aged person within the age bracket of 70, or 80 and 90 is being mentally strong. Think about yourself with the experience you got now with modern technology in terms of the use of smartphones and PCs, if age will be a problem during your old age operating smartphones or any advanced technology in the future?.
Bitcoin is meant for everyone to use so far you can understand it.

Agreed, age is just a number. Based on the age we cannot segregate the usage of bitcoin and whom should use it. Ageing is common and we're not an exception. Nowadays no parent in their 70, 80, and 90's complaint that their children were using internet. Most people know well that the world have changed and internet is driving the World. Most of the parents who doesn't know to operate a computer feels proud that their son/daughter is using it and working on it. Also it is common that people getting used to the innovation of the era.

salad daging

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Quote from: GeorgeJohn on July 10, 2023, 04:48:58 PM

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

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In bitcoin investment and cryptocurrency transactions I don't think that age is a barrier over bitcoin investment because I have seen someone who is above seventy [70] year's that is driving a car and also a contractor, so since the aged person have the knowledge of bitcoin or any other particular business very well, I don't considering the age is not from my perspective, an age is just a number, look at a jetcash that celebrated its birthday of eighty [80) years but it still active in bitcointalk, that alone should show you that age is not a barrier since you what's obtainable

Regardless of their age, it will not be a barrier. I think there will be many people investing above the age of 50 because investing is not like working in an office that has to leave the house to go there but with investing just sitting at home and using a cellphone or laptop, they can do it including old people because there are many who are interested.
In fact, I see now that even people under the age of 20 are interested in bitcoin so this is all age groups once they understand what to invest in including bitcoin or other coins.

Franctoshi

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Op, I want to draw your attention to something, age is just a number, what matters here as an aged person within the age bracket of 70, or 80 and 90 is being mentally strong. Think about yourself with the experience you got now with modern technology in terms of the use of smartphones and PCs, if age will be a problem during your old age operating smartphones or any advanced technology in the future?.
Bitcoin is meant for everyone to use so far you can understand it.

GeorgeJohn

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

Parents that are of age, what do we think about then? Do you think they're eligible and learned to learn about bitcoin? Talking about ageing parents of 70, 80, and 90s. Looking at the current world parents don't like their children to be exposed to internet maybe because of their past experience of scam threats or they've trade something similar to bitcoin in the past.

Do you think our ageing parents are into crypto investment or trading? Some of them are sound and intelligent and they can comfortable operates their tabs while relaxing. If they're probably into crypto why are some of them advising their children to diseased from internet?

Let's see brilliant opinion

In bitcoin investment and cryptocurrency transactions I don't think that age is a barrier over bitcoin investment because I have seen someone who is above seventy [70] year's that is driving a car and also a contractor, so since the aged person have the knowledge of bitcoin or any other particular business very well, I don't considering the age is not from my perspective, an age is just a number, look at a jetcash that celebrated its birthday of eighty [80) years but it still active in bitcointalk, that alone should show you that age is not a barrier since you what's obtainable

CryptoHeadlineNews

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

Parents that are of age, what do we think about then? Do you think they're eligible and learned to learn about bitcoin? Talking about ageing parents of 70, 80, and 90s. Looking at the current world parents don't like their children to be exposed to internet maybe because of their past experience of scam threats or they've trade something similar to bitcoin in the past.

Do you think our ageing parents are into crypto investment or trading? Some of them are sound and intelligent and they can comfortable operates their tabs while relaxing. If they're probably into crypto why are some of them advising their children to diseased from internet?

Let's see brilliant opinion

The answer to your question is very simple, because at that age of 70, 80 & 90yrs, what an individual need is rest and not stress trying to learn about any new digital currency called Bitcoin, but that doesn't mean they can't have someone to help them invest their funds in Bitcoin (i.e for those who might have had a little clue what its all about). Because Bitcoin has no age limit, and as such can be used by the age as a medium for store of value for their children or grandchildren, while they focus on living a stress free life as they prepare to meet their maker.

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

Parents that are of age, what do we think about then? Do you think they're eligible and learned to learn about bitcoin? Talking about ageing parents of 70, 80, and 90s. Looking at the current world parents don't like their children to be exposed to internet maybe because of their past experience of scam threats or they've trade something similar to bitcoin in the past.

Do you think our ageing parents are into crypto investment or trading? Some of them are sound and intelligent and they can comfortable operates their tabs while relaxing. If they're probably into crypto why are some of them advising their children to diseased from internet?

Let's see brilliant opinion

Internet covers a broader things. If some parents are concerned about their children using internet, that doesn't mean they are also against their using crypto.

Soon we will see crypto become mainstream and with improved technology, crypto may work without internet too.

asrinur

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Quote from: IvugeoEvolutionCoin on June 09, 2023, 12:54:31 AM

Quote from: asrinur on June 07, 2023, 12:13:22 PM

It cannot be generalized that all aged parents like or dislike cryptocurrency investing or trading. Their decision may be influenced by factors such as past experience, knowledge of technology, personal preference and fear of risk. It is important to respect the views and decisions of individuals and assist them with a better understanding of cryptocurrencies if they are interested in learning about them.

Yes, I think if someone wants to get into cryptocurrency, we will explain them about cryptocurrency. But if someone wants to get into investing or trading, they first need to understand that there can be profit and loss in trading. If someone says he earns money by trading, he has to explain everything first. Because there are some people who think that trading will always make a profit.

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.

Pierre 2

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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.

Paul Pogba

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The presence of bitcoin can and is easy for anyone to use, and in my opinion old people should be introduced to bitcoin so they can get additional income, usually old people get money from retirees or help from children, if money is used to invest in bitcoin and can get profit of course it won't be a hassle anybody.

Bitcoin2009

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In my opinion, when you are old, it's time to rest and don't be too brave to invest in bitcoin or high-risk cryptocurrencies, it's better to enjoy the results of your job or retire so you don't get heart disease when you see prices dropping like today.

IvugeoEvolutionCoin

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Quote from: asrinur on June 07, 2023, 12:13:22 PM

It cannot be generalized that all aged parents like or dislike cryptocurrency investing or trading. Their decision may be influenced by factors such as past experience, knowledge of technology, personal preference and fear of risk. It is important to respect the views and decisions of individuals and assist them with a better understanding of cryptocurrencies if they are interested in learning about them.

Yes, I think if someone wants to get into cryptocurrency, we will explain them about cryptocurrency. But if someone wants to get into investing or trading, they first need to understand that there can be profit and loss in trading. If someone says he earns money by trading, he has to explain everything first. Because there are some people who think that trading will always make a profit.

asrinur

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It cannot be generalized that all aged parents like or dislike cryptocurrency investing or trading. Their decision may be influenced by factors such as past experience, knowledge of technology, personal preference and fear of risk. It is important to respect the views and decisions of individuals and assist them with a better understanding of cryptocurrencies if they are interested in learning about them.

Oilacris

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Quote from: KiaKia on May 23, 2023, 11:18:34 AM

Sometime ago, I helped a 64 year old man build an Ethereum mining rig, but I can't recall the exact date; however, since I became interested in crypto investments, this man is the oldest one I know. I think older men at the age of 70 right now will not see why Bitcoin existed, as they have worked all the days of their lives for Fiat, and they will find it absurd that something valuable as a digital currency exists.

Old people knows about Gold, Silver and other precious stones in their time, but not Bitcoin, they will easily advice their children to invest in gold or stock market, and I won't put the blame on them for not knowing about Bitcoin.

If Bitcoin came around in the 80s or 90s for example, almost all older men and women will at least know about Bitcoin and may probably support it.

Not really that shocking on where these oldies do really mostly get involved into on which they would really get used into those traditional things on which it would really be just that a normal approach on having this kind of knowledge about this and if ever there's someone would really be introducing crypto into these people then it would really be that depending on them whether they would
be welcoming on learning from it or would really just be sticking on the things that they've been get used to and it would really be according into someones preference but most of oldies
does really prefer on much safer side.

This is why it wont really be shocking if they would really be ignoring or rejecting that over all crypto idea.Therefore, we cant really make out some conclusion whether they would
be rejecting or not and this is why its situational.

Doan9269

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

Parents that are of age, what do we think about then? Do you think they're eligible and learned to learn about bitcoin? Talking about ageing parents of 70, 80, and 90s. Looking at the current world parents don't like their children to be exposed to internet maybe because of their past experience of scam threats or they've trade something similar to bitcoin in the past.

What benefit does bitcoin have the senior citizens than to use their money to feed themselves and invest it for their children to inherit, when someone is going old, he should be conscious that things he once do before can no longer occur again because of the rapid change in nature due to old age, by then they should only be considering the investment into bitcoin as a safety means to hodl their asset down for their children to meet and not for themselves any longer.

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

Do you think our ageing parents are into crypto investment or trading? Some of them are sound and intelligent and they can comfortable operates their tabs while relaxing. If they're probably into crypto why are some of them advising their children to diseased from internet?

Older people aren't into bitcoin trading because there will be lots of errors and mistakes they will be doing which may cost them loosing their money or develop a heart attack through fear of missing out or lost of asset, there's also ongoing scam that can set a target on the old ones because they may not know how to defend themselves from any of these form of attacks while coming, if you want your older ones to live longer, don't even bring them close to bitcoin or cryptocurrency.

KiaKia

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Sometime ago, I helped a 64 year old man build an Ethereum mining rig, but I can't recall the exact date; however, since I became interested in crypto investments, this man is the oldest one I know. I think older men at the age of 70 right now will not see why Bitcoin existed, as they have worked all the days of their lives for Fiat, and they will find it absurd that something valuable as a digital currency exists.

Old people knows about Gold, Silver and other precious stones in their time, but not Bitcoin, they will easily advice their children to invest in gold or stock market, and I won't put the blame on them for not knowing about Bitcoin.

If Bitcoin came around in the 80s or 90s for example, almost all older men and women will at least know about Bitcoin and may probably support it.

Mario Yamasaki

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Of course, when old people, people will look for low-risk types of investments such as gold, property or something else, when investing in bitcoin, old people will be depressed when they see the price drop, moreover, they can no longer earn like when they were young, and the best thing is avoid bitcoins.

mvdheuvel1983

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

Parents that are of age, what do we think about then? Do you think they're eligible and learned to learn about bitcoin? Talking about ageing parents of 70, 80, and 90s. Looking at the current world parents don't like their children to be exposed to internet maybe because of their past experience of scam threats or they've trade something similar to bitcoin in the past.

Do you think our ageing parents are into crypto investment or trading? Some of them are sound and intelligent and they can comfortable operates their tabs while relaxing. If they're probably into crypto why are some of them advising their children to diseased from internet?

Let's see brilliant opinion

Buying some amounts of bitcoin is a type of investment. It is nothing so special and just like anyone with the right information and guidance can make an informed decision about what asset to invest and which to stay away from, so it is with investing with bitcoin.

If our ageing parents aren't new to investing, then it will be no hassle for them investing in bitcoin but if they have never done anything about investing all their lives that is if they have been strictly career-people then I advise would be that they can buy some bitcoin and let a trusted financial advisor or a trusted member of their family handle it.

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