Too late to invest in cryptos if you're old?

glowing10

full member

Activity: 812

Merit: 142

Quote from: Matercat on April 16, 2018, 09:30:12 AM

No, investing in the older age can and is even necessary. Firstly, do not forget about your family and children, who then can not be in anything because of your investments, and secondly, you yourself can live well and allow yourself all the joys of life

For older age it may be little risky investment as btc prices fluctuates a lot and even falls badly. SO may be older people may not be able or want to take such risk which can erode their capital and can cause problem if they have limited money .

megynacuna

sr. member

Activity: 756

Merit: 253

Quote from: ?? on ??

Old age is not an obstacle, we can advise our retired relatives to invest in bitcoin. Explain to them, but do not force them to invest. Let those who decide for themselves whether to invest or enjoy their old age without interruption.

I would like to add that old age in any way doesn't make it too late to invest in cryptocurrencies because most of the billionaires in this world are already past 60 years and 70 years yet they still have investments going on in one cooperation or the other and they still keep making profits so i don't think bitcoin investment should be limited by age at all besides you can even will them to your descendants if you happen pass at any time.

romandos86

member

Activity: 150

Merit: 25

I didn't understand how trading on the crypto exchange and the age depend? You mean that people with a weak heart can get a heart attack? Huh

Halcyon Days

full member

Activity: 238

Merit: 101

As long as they have some money to spare, which the elderly can afford to lose, there is no age limit to begin investing in Bitcoin. Of course, a proper research is necessary before investing all the money into something new.

missyqt29

member

Activity: 434

Merit: 10

Quote from: Games.Bitcoin on November 12, 2017, 05:24:34 AM

What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?

Well for me, as long as they are still capable of using the computers or smart phones and they understand what crypto currency is, bitcoin will not discriminate any age. Bitcoin promotes anonymity so no ond will know your identity. Bitcoin is everyone that has patience and the boldness to invest and trade in the online economy.

vergel24official

member

Activity: 154

Merit: 16

Someday our kids and Grandchildren will ask us why we did not buy bitcoin when it was only 5K. Much like they ask us now why we didn't buy land at 200 an acre

Rossy Akbar

full member

Activity: 532

Merit: 100

Maybe an age is possible to getting old, but for investing in bitcoin it will never old. If you thinking about your kids I think you will never give up, at least you have something to save to your generation in the future.

$$$sparkles$$$

member

Activity: 350

Merit: 10

Quote from: Games.Bitcoin on November 12, 2017, 05:24:34 AM

What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?

Age doesn't really matter when it comes to cryptocurrency investment as long as he understands the basic concepts of the system. It's never too late late as the saying goes...or in this case, you're never too old! Wink

ajja

full member

Activity: 294

Merit: 101

of course not, that they can pass on to their children or grandchildren the wealth that is in crypto because it can be done, the wealth in the crypto world will not be lost and can be managed by others if they give away the secret key.

ratatat bangbang

jr. member

Activity: 308

Merit: 1

Quote from: PORN_coin on November 12, 2017, 05:43:10 AM

of course not
absolutely not late
this can be seen from the dynamics of growth

Yeah there's no late for everything.Even oldies can invest in crypto market.It might difficult at start because most of oldies are not completely computer literate,but in little study and information they can do whatever young people are able to do in crypto world.

webdevmastery

full member

Activity: 434

Merit: 100

Quote from: Games.Bitcoin on November 12, 2017, 05:24:34 AM

What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?

In that case it is better to work in here in this forum because most of the great companies that are running a cryptocurrency business is hiring different people to advertise their ico so
more people can still work at home.

Kopceak_MD

member

Activity: 366

Merit: 14

Investment

it's never too late to invest in a crypto currency, the main thing is to find a good entry point

Jaemouns

member

Activity: 274

Merit: 10

Quote from: max65 on February 18, 2018, 04:33:42 AM

It is not late to invest in cryptocurrencies if you are old.Atleast if there is age limit.

Nice mate, there is no limit of age as soon as you can still do the works here in cryptoworld.
You can do setting pretty while doing btc stuff.
It is never been too late to everyone.

Matercat

newbie

Activity: 31

Merit: 0

No, investing in the older age can and is even necessary. Firstly, do not forget about your family and children, who then can not be in anything because of your investments, and secondly, you yourself can live well and allow yourself all the joys of life

geegaw

hero member

Activity: 1316

Merit: 502

Quote from: Arkham Knight on April 16, 2018, 08:38:04 AM

There is no age requirement when investing in bitcoin. They are not going to question you because you're old. The technicality of bitcoin might be very challenging for you but it applies to many new investors as well.

Although crypto is regardless of age but older people will learn and understand crypto more slowly than young people, investing in will also be very difficult, they can hardly bear the risks that come from crypto. So I really do not encourage the old to join the crypto world, if they are interested and feel the potential of crypto, they should introduce to family members then they can contribute a small amount to support their relatives to invest, crypto is not too late for them but that does not mean too soon, their time is running out, they should have fun with the family, instead of investing

nara1892

hero member

Activity: 1554

Merit: 654

Quote from: Nyeyzel on April 16, 2018, 08:51:27 AM

For me, it was never too late. It doesn’t matter whether you are young or old. Investing in bitcoin needs attention if you really want to know and willing to learn and earn in bitcoin.

I agree with you, it's never too late. But I think, if the person too old, maybe he needs a mentor. Because crypto is too hard to understand the old man.

trukramor

newbie

Activity: 44

Merit: 0

It is never late. They can still invest for the future of their children.

Nyeyzel

jr. member

Activity: 168

Merit: 1

For me, it was never too late. It doesn’t matter whether you are young or old. Investing in bitcoin needs attention if you really want to know and willing to learn and earn in bitcoin.

rickyNmorty

member

Activity: 451

Merit: 15

Investor

I don't think age has anything to do with how well you will able to get in the cryptocurrency world. In this industry age doesn't matter. As long as you are proficient enough to the current technology and is willing to invest and exert effort in order to gain profits, you are very much welcome in the community. We don't judge people here anyways as long as they are not bad investors that sell right away at a price drop.

Geraico

member

Activity: 151

Merit: 10

Is never too late, but as you know older people have problems in understanding some of our things but if you will explain to him very good and if you have time to do it ofcourse he will understand and will do it. In my opinion if is living from savings and pension don't put him to invest he can join in campaigns and 100% he will learn more about crypto here with us.

Topic: Too late to invest in cryptos if you're old? (Read 5855 times)