Topic: Is ageing and old people part of bitcoin? - page 7. (Read 1196 times)
I don't think there is anything difficult with bitcoin, as long as people can use Android or PC then they can invest in bitcoin even though they are old, when I go to the stock exchange there are many old people sitting in wheelchairs and looking serious looking at the portfolio received, of course bitcoin it's easier and you don't need to come to any office and as long as there is an internet connection, everything becomes very easy.
Most of the parents who had well known about finance and were into different kinds of investment prefer cryptocurrency. Even my mom preferred to invest into cryptocurrency, but by that time I was not that confident and ignored. This happened during the days after the 2017-18 bullish market. My mom preferred just based on the profit scale I briefed to her. She isn't much educated,but she understood well that nowhere it is possible to book profit as cryptocurrency.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
This is now the age of the computer, where parents are no longer discouraging their children about the internet; instead, they advise them to be more careful and learn from the experiences they themselves have encountered. I don't know the country where that is yet being done, but in my country, nothing like discouragement about internet.
Bitcoin doesn't have an age restriction, so long as one is able to make their own financial decisions. If older people think they can still afford to buy crypto, then that's welcome, but the question is: for whom are they investing? Well, it could be just that they want to be among the people who have had a taste of the blockchain technology.
Bitcoin doesn't have an age restriction, so long as one is able to make their own financial decisions. If older people think they can still afford to buy crypto, then that's welcome, but the question is: for whom are they investing? Well, it could be just that they want to be among the people who have had a taste of the blockchain technology.
No matter their age, people are receptive to learning new things. In terms of bitcoin, there is no upper age limit. At their own risk, anyone can invest in bitcoin.
Having said that, before you could think of bringing any age parents into crypto, you have to first of all know their capacity of knowledge and exposure before you could support their move into bitcoin investment. because not all age parents can be patient, remindful of their private key, transact bitcoin successful and endure loses
Having said that, before you could think of bringing any age parents into crypto, you have to first of all know their capacity of knowledge and exposure before you could support their move into bitcoin investment. because not all age parents can be patient, remindful of their private key, transact bitcoin successful and endure loses
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
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 my own opinion maybe let them rest and enjoy life without getting any stress, just support your senior parents so that they will live at peace without worrying on something especially on financial matters.
Even if they you teach them about this and on how to trade for sure they cannot focus on watching the market since their energy is low and might feel sleepy following the technical aspects on it.
Also let them enjoy their retirement money and don't try to risk it on dangerous matter since this might put them in danger knowing they are at risk on health matters.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Some parents like investing or crypto trading, but some don't. Those who like crypto try to keep up with the times when they want to try to understand and understand how. It's like a parent trying to use a smartphone which has become a necessity for almost everyone.
Perhaps if these parents could be wise in advising their children not to abuse the internet, they would not forbid their children from using the internet. And even they will use the internet and there is a possibility that they will also use crypto.
Perhaps if these parents could be wise in advising their children not to abuse the internet, they would not forbid their children from using the internet. And even they will use the internet and there is a possibility that they will also use crypto.
Anyone can buy bitcoin, but the cons are that they will have a hard time doing it alone, meaning they need help from their grandchildren only if they are interested in the technology, as there are still a few people doing it, but it is also rare. For sure, most of those just want to experience it and are also giving it to their grandchildren as a gift. Though there are still a few old people who are opposed to it, and we should respect them, they are still a part of bitcoin.
The advantage of bitcoin is that it can be owned by people of any age - regardless of age or other factors. Yes, quite a few people are still conservative, but time forces such people to change. The convenience of mutual settlements with cryptocurrencies is becoming more and more obvious.
Only young people must change to catch up with life if they don't want to be left behind. As for those who are too old, they do not need to change, they have lived to the end of their lives without the existence of bitcoin and can also continue to live without it.
Everyone has opinions in life, don't say others are conservative when we're conservative. Once they don't like it, don't force them, if you speak ill of them when they don't change their opinion, then you are being conservative with your opinion. I also like older people to use bitcoin, but if it's too hard for them don't force them.
hero member
Activity: 1498
Merit: 802
Leading Crypto Sports Betting & Casino Platform
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?
Simply put bitcoin can adapt to all ages without minimum and maximum restrictions, but our question is whether the parents you mean are knowledgeable about technology and how their previous work relationships are also decisive.Those in their 70s and above will usually find it difficult to adapt to the crypto environment, besides they don't master technology and there are more concerns regarding the investment model in crypto with the investment patterns they did before, so it will be difficult to adapt by them. This trend makes it difficult for people over their 70s to accept adoption and adapt.
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.
Basically, Bitcoin is for everyone, there is no certain age limit. However, children should only be introduced about general matters because they are not yet able to think like adults. While for old parents, nothing wrong to learn Bitcoin as long as it is their own will and they have the ability to do it. At least, they are familiar with the internet and they have an opened minded. Not all old parents hate something like Bitcoin, some of them also supported a new innovation in investment. Those old parents who have an opened minded deserve to learn Bitcoin.
The advantage of bitcoin is that it can be owned by people of any age - regardless of age or other factors. Yes, quite a few people are still conservative, but time forces such people to change. The convenience of mutual settlements with cryptocurrencies is becoming more and more obvious.
Just let them be in speaking about recognition and consideration.Yes, it would really be not simple for them to adopt on whats the current trend or the new innovation that has been created when it comes to financesector which we do know that it could bring out some benefits that no one ever on this world could ever give.Although it might impose up some risks since assurance couldnt really be given on this one.
Its true that there's no age restriction on the ones who could really make out engagement on this one, as long you do know the basic principles or on how it does works then that what matter the most.
It is really just people are always that skeptical.
The advantage of bitcoin is that it can be owned by people of any age - regardless of age or other factors. Yes, quite a few people are still conservative, but time forces such people to change. The convenience of mutual settlements with cryptocurrencies is becoming more and more obvious.
I don't think people 80 to 90 years old have the capacity for these kind of things. They're too old for that. A lot of parents that are between 50-70 are into crypto. Parents that are conservative are the ones that have problem with crypto. They are not open minded because they've refused to understand how crypto works, its easier for them to just dismiss it as a scam. They understand foreign exchange and stock exchange and the prefer what they understand.
Exposed and open minded parents know that there are many opportunities on the internet so even if they're not really comfortable with it, they don't stop their children from using it. It is mostly the conservative parents that have a problem with their children using the internet.
Exposed and open minded parents know that there are many opportunities on the internet so even if they're not really comfortable with it, they don't stop their children from using it. It is mostly the conservative parents that have a problem with their children using the internet.
If your parents are conservative, don't blame them because to be fair, in the crypto market, scam projects are ten thousand times more than real projects. We are long time market participants and also know that the market is rife with scams, so there is nothing wrong with them feeling insecure.
The elderly have worked hard all their lives to take care of their children and have only a small amount of money to retire, so it is understandable that they are afraid of losing money. My parents are also conservative and don't want me to get into venture capital, but they just want the best for me and have no intention of getting in the way of my future.
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 parents are 68, 63 years old, they do not participate because they do not know about bitcoin, their interest is to reunite with their children and grandchildren when traveling, family gatherings or farms. diseases from the internet are not bitcoin but from hundreds of negative media that make them feel pressured. Coming back to the topic, I don't think I will convince them to know and understand bitcoin but my wife and children will later know well about bitcoin. If you call aging as a barrier for the elderly to access bitcoin, I think not. Depending on the awareness and technological exposure of each country, the elderly are still proficient in using and understanding bitcoin. just like some young people still don't know about bitcoin. Let's see brilliant opinion
In my opinion, only a few old people invest in bitcoin, of course old people understand that investing in bitcoin is very risky, moreover, old people find it difficult to hold back their emotions when they see a significant drop in prices, besides that they think that getting what has been achieved is of course safer than having to invest in bitcoin.
People tend to deny what they don't understand. It is not surprising that many older people, having received a lot of negative news from the media, namely from television, will have a negative attitude towards the Internet and directly to bitcoin and everything related to it.
But to say that all older people are not ready for knowledge is very wrong. Here on the forum, I know several people who are quite advanced in age, and their knowledge can compete with the knowledge of young people.
Therefore, I think we cannot say that bitcoin has some kind of age limit. It is available at any age, moreover, older people can insure their money by investing in it, which in the future can help them provide for their old age.
But to say that all older people are not ready for knowledge is very wrong. Here on the forum, I know several people who are quite advanced in age, and their knowledge can compete with the knowledge of young people.
Therefore, I think we cannot say that bitcoin has some kind of age limit. It is available at any age, moreover, older people can insure their money by investing in it, which in the future can help them provide for their old age.
First bitcoin is open for everyone to acquire and upon that if you acquired a bitcoin without you telling anyone nobody who willhave the idea you are holding bitcoin, so tell me how would your parents know you have bitcoin without you telling them you've purchase some fractions of bitcoin. Age 80 to 90 are too old for them to still have the activeness to operate around the internet or thinking of investing into cryptocurrency all less they are investing for their children. Though they read news online or being active, any one of such age going into bitcoin are just slowly looking for their death at hand because I don't think they might be able to control their blood pressure (BP) due to the rise and fall bitcoin.
clueless.
lots of 65 ,75,85 year old investors.
Long years of practice not day trading just buy and hold.
Bitcoin investment does not have age difference or age limitations during the time of investment, the most important is for them to understand the real concepts or rudiments of bitcoin before investing, actually bitcoin investment is suit someone is retired from government job so that it will be concentrated than young adult who has a divers functions to ascertain or attend within some periods of time. So theirs nothing bad to invest in bitcoin when you're aged. But a situation whereby I will not compromise to' is the situation whereby the aged person doesn't know anything concerning bitcoin before, and when has been aged its when it will come to bitcoin investment, so in such manner I will not encourage such, because they will find it very difficult to learn bitcoin.
I don't think people 80 to 90 years old have the capacity for these kind of things. They're too old for that. A lot of parents that are between 50-70 are into crypto. Parents that are conservative are the ones that have problem with crypto. They are not open minded because they've refused to understand how crypto works, its easier for them to just dismiss it as a scam. They understand foreign exchange and stock exchange and the prefer what they understand.
Exposed and open minded parents know that there are many opportunities on the internet so even if they're not really comfortable with it, they don't stop their children from using it. It is mostly the conservative parents that have a problem with their children using the internet.
Exposed and open minded parents know that there are many opportunities on the internet so even if they're not really comfortable with it, they don't stop their children from using it. It is mostly the conservative parents that have a problem with their children using the internet.
It's really hard to say if our parents are into bitcoin or crypto in general. I would agree if they are into stocks because I know my parents are. I introduced them to crypto and they say no because you know, they can't take the volatility and how the price swings.
But there could be elderly who wanted to explore more and try their hands in this so called crypto market and could have been enjoying themselves. And we all know that they have the mentally fortitude already because of their experience thru age.
Old age is not necessarily the reason that they will be able to endure bitcoins with patience. They may be quite old, but they don't understand anything about bitcoin. If they have an open mind and can accept what bitcoin says, then they will love bitcoin and maybe start investing in their retirement fund.But there could be elderly who wanted to explore more and try their hands in this so called crypto market and could have been enjoying themselves. And we all know that they have the mentally fortitude already because of their experience thru age.
Parental involvement in bitcoin investment will give them a new experience in investing. this is a very extraordinary thing for them.
Jump to: