Topic: Too late to invest in cryptos if you're old? - page 11. (Read 5928 times)
Age doesn't matter when it comes to cryptocurrency investments as long as you are able to read, understand , willing to accept the pros and cons and able to do the funding.
Of course, older people can invest in bitcoin, but this is a very emotionally charged activity, and people should be ready for it. In addition, despite the fact that you can earn money quickly on the crypto currency, it all takes a certain amount of time. This, too, must be taken into account.
I agree. For older people stress can be detremental, and investing into cryptocurrency or other assets - is always a big stress, especially if that money was very important. 
It is never too late to invest, much less in a currency such as bitcoin, which generates profits in such a short period of time. Also for a person of advanced age, I consider it healthy to be focused on researching and reading on this subject.
It's not too late to invest no matter what age. If you think you still haven't achieved your financial freedom, and been wanting to, then it's time to start. It will only be too late when you would delay it any further than now. But of course, right now, invest only what you can afford to lose. Study and do some research to be able to invest smart.
Actually, It's not true even cryptocurrency is not started yet, 98% Institutions are not invented yet! 99% peoples don't know what is cryptocurrency and how it works.
We need some powerful project on blockchain before booming crypto market.
It takes 3-4 years to start the real market.
We need some powerful project on blockchain before booming crypto market.
It takes 3-4 years to start the real market.
It is never too late to invest, much less in a currency such as bitcoin, which generates profits in such a short period of time. Also for a person of advanced age, I consider it healthy to be focused on researching and reading on this subject.
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?
i think it depends on your status. If u are covering all your bills and have extra cash, go for it. Just remember u will very likely experience significant drops at times. These will come back, historically speaking, if you don't have the stomach for volatility stay away 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?
certainly not, but if investing with bitcoin using their pension money, it would be very risky
because at an advanced age, they will not be able to work hard anymore if for example they lose their assets due to bitcoin investment, and preferably elderly person if you want to invest with bitcoin, asks a younger person, and understands bitcoin to keep his investment
because at an advanced age, they will not be able to work hard anymore if for example they lose their assets due to bitcoin investment, and preferably elderly person if you want to invest with bitcoin, asks a younger person, and understands bitcoin to keep his investment
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?
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?
Ofcourse not. Most investors I know are people in mid 60's above. Investing actually doesn't required any age as long as you still know how to access bitcoin and you know how to check your accounts and wallets. It might be a little hard for you to understand things about bitcoin but you'll still be able to get it in time. You just need to focus and push more to learn.
Why do you care about age when we talking about money? I think it's even more better for old people to learn something something new with their experience.
It's not too late to invest as long as the person is ready to take the risks he or she gets while investing in Bitcoin and understand how bitcoin works because it's usually the parent's to find it a little hard to understand things related to the internet. .
There is no late or too early in investing. It might seems too late because it is now 9years after it was launched. But to think of it, its price goes down and now it is going up. It is better to buy now because it might goes up continuously.
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?
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 matter if you invest in crypto currencies. But you need to know computer basics and safeguarding your account. And if it is in trust fund for, then teach those who you are entrusting with your crypto portfolio. This is one of the best investments for anybody right now
It is never too late to invest (well it could be) but we are still in the first half of this game for sure which means there is plenty of time yet. If I had to estimate a timeline for early majority to get in I would say we still got roughly 5 years left of time. Perhaps less but there is ample time yet.
It's not too late to invest as long as the person is ready to take the risks he or she gets while investing in Bitcoin and understand how bitcoin works because it's usually the parent's to find it a little hard to understand things related to the internet. .
BE aware of risks trading at TRADE SATHOSHI, they do slowdown transaction up to 24h without giving any good explanations
( they put the fault on the networks/ coins and also miners deposits,
i have been testing networks and others wallets deposit transations; they work properly at the same time).
TX show transfect executed and confirmed but they wont credit you.
You might wake up one day and never get your money- please forward.
( they put the fault on the networks/ coins and also miners deposits,
i have been testing networks and others wallets deposit transations; they work properly at the same time).
TX show transfect executed and confirmed but they wont credit you.
You might wake up one day and never get your money- please forward.
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?
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?
Actually it not too late because you can give it to other people that related to you and they are the one who continue what you are started. When you are retired in bitcoin pass it to your present generation and other generation.
Age is not a concern. It's having a clear mind on what amount you can afford to lose in worst case scenario and making that your max to invest (i.e. 2-5% of your total savings por example). Then you need to invest sensibly and diversify in various coins/tokens and consider good ICOs for a mid-term investment.
No, It is never too late.
There are many good projects coming in this year.
Do your own research before you invest.
As per my research from last couple of days i found this project as good one.
Nucleus Vision
There are many good projects coming in this year.
Do your own research before you invest.
As per my research from last couple of days i found this project as good one.
Nucleus Vision
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?
I don't think so, yeah maybe if one older people invest crypyos i think they can't use it. But it is great adcantage that maybe they can bequeth the coin in their grandson because i believe that it is the future money the modern money that use. For now many user and investors have it but there are many people who don't know about the cryptos especially the poor ones 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 my opinion, its depend on the age of the old person or how long the old person going to live because investing in crypto required waiting for profit. Therefore, it is better to invest when you are young.
Of course, older people can invest in bitcoin, but this is a very emotionally charged activity, and people should be ready for it. In addition, despite the fact that you can earn money quickly on the crypto currency, it all takes a certain amount of time. This, too, must be taken into account.
Jump to: