Topic: Too late to invest in cryptos if you're old? - page 15. (Read 5947 times)
It's not as much the age that determines the right time and choice to invest in something, it's rather the ability to keep up with the ongoing trends. Someday cryptos will reach their peak and become mainstream but there will always be something new to invest in.
I don't think that it is too late for the old ones to invest in cryptos because they can still use their investments and make it grow or if they retire they can enjoy their investments. Never too late Invest a good tool like bitcoin. 
Definitely no because everytime is the right time to invest in bitcoin as long as you have enough knowledge about cryptocurrency. And bitcoin doesnt require much effort and time so the elderly will easily adapt to the bitcoin society.
I think it's never too late if you really want to invest in cryptocurrency because this is just the beginning of this market. Investing in a good knowledge before entering the market is a must. Invest in a small amount of money to learn from the market and once you understand it, invest more. That is what I think a new entrant to this market needs to do.
In my opinion, you can invest in crypto at any age (especially right now because of the drop). You just have to understand how it is working and be able to make considered decisions.
Definitely no because everytime is the right time to invest in bitcoin as long as you have enough knowledge about cryptocurrency. And bitcoin doesnt require much effort and time so the elderly will easily adapt to the bitcoin society.
There is no right age when you want to invest in cryptos. Whether you are old or young as long as you know what to do and you are dedicated to do it.
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
it is not too late to invest bitcoin if you are old. if you can understand the world of currency investment and you can understand the bitcoin. and you can learn about investment. so read more to be successful someday. and you can transfer it into your family
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?
No, there is no word such as late in investing bitcoin. Everytime is always an opportunity that is always waiting for you to grab it. If you have an opportunity that you facing grab it and dont waste that moment. 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?
If a person is old, but smart, he can engage in this activity. Investments in longevity are not very relevant for the elderly, but they can try themselves in trading on the stock exchange. This is risky, but it allows you to make a profit immediately.
Not at all! Old is a relative term anyway, and if you're looking for a starting point, why not give this review a read: https://www.linkedin.com/pulse/ico-review-rentberry-faheem-khawaja/
Great ICO to get in. Hard cap only a few days away.
Cheers!
Great ICO to get in. Hard cap only a few days away.
Cheers!
I do think so, old people mainly is too strict to change. Crypto's extreme volatility doesnt really suit them. Just imagine they will be having a heart attack just because seeing the market crash like we are experiencing right now LOL
Is it too late to invest, and is it worthwhile to enter the market and invest in the crypto currency, if you are old? This is the main question that the old people need to answer.
Paradoxically, it is precisely the rapid rise in the price of bitcoin that attracts investors' attention to it, but at this very growth there are the greatest risks. After all, after take-off there can be such a precipitous drop. Older people should weigh the pros and cons. This is a game that carries a lot of emotional outbursts. You need to have good health or everything philosophical.
Paradoxically, it is precisely the rapid rise in the price of bitcoin that attracts investors' attention to it, but at this very growth there are the greatest risks. After all, after take-off there can be such a precipitous drop. Older people should weigh the pros and cons. This is a game that carries a lot of emotional outbursts. You need to have good health or everything philosophical.
It depends on the goals pursued by a person who wants to invest in bitcoin, even in old age. If he wants money to work and then become an inheritance for relatives, then there is nothing to worry about - the main thing is that heirs can manage with bitcoin. But if an older person wants to earn money on this, he needs coins that quickly gain value and which can be easily sold.
Its not too late for old people to invest in bitcoin. But it depends on the person if he is willing to learn about bitcoin & invest.
It's never too late to invest in cryptos. Just think...if you are old and you invest, you can help your family (children or grandchildren). It's nice to know that when you leave Earth your family has a good financial situation
This is a very helpful thing for your family in the future because in old age you will also bequeath your treasure for your child and grandchild. So this is your great opportunity to make your family happy in the future.
It's never too late or too early. The important thing is to understand and understand what you are investing in, Will BTC increase in the stock market over the next 15 years? If you think so, then definitely not late at all.
The price has really dropped as we speak so it is a good time to invest if one have the money to invest,definitely the price will increase again,and you can still make some benefit or huge profit.
Of course they have it, the important thing is that they can be fed a lot of information and good agents who can give you the best advice. When you are a beginner (regardless of age) it will always be a risk, what you should always take into account is to never look for debts in order to invest, that DOES NOT HAVE TO BE DONE.
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 is not a hindrance in investing in crypto. It really depends on the person's will to generate income and learn the system regardless of the age. In fact some retired people would want something they will be fond of because they used to work. So if they are the techy type of people, it won't be an issue to investment in cryptos like Bitcoin. 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?
For me age is never an issue when it comes to trading, I even know a person who’s already in their seventies who is eager to learn and to know more about bitcoin. I also see older people who now trade in crypto currencies which before they are also hesitant since they thought at first that it will be hard for them to cope up due to the fast changes of technology. So I can honestly say that it wont be an issue but as long as you have the mental capability to trade then its ok and not an issue, that is my view and answer on this question.
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