Topic: Too late to invest in cryptos if you're old? - page 2. (Read 5928 times)
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.
It's never too early or too late. All that matters is understanding what you are investing in and why. Will BTC outperform the stock market over the next 20 years? If you think so, then it is obviously not too late at all. It won't be long again before bitcoin becomes $250k
As always though, diversification is key. A balanced portfolio should includes multiple asset classes, and as long as BTC is viewed as one of those asset classes then I see no problem with it.
The good thing about cryptocurrency is that it welcomes people from any walks of life. It has no age limit, no gender and race boundaries, and most of all it does not discriminate. As long as you are interested to learn its functionalities, explore its world, have the patience, positivity and ready to take the risk then you're never too late to join. As always though, diversification is key. A balanced portfolio should includes multiple asset classes, and as long as BTC is viewed as one of those asset classes then I see no problem with it.
There is no age restriction in the crypto world. You only have to understand the risk you are taking here because real world fiat is involved and you never know what will happen next.
It's never too early or too late. All that matters is understanding what you are investing in and why. Will BTC outperform the stock market over the next 20 years? If you think so, then it is obviously not too late at all. It won't be long again before bitcoin becomes $250k
As always though, diversification is key. A balanced portfolio should includes multiple asset classes, and as long as BTC is viewed as one of those asset classes then I see no problem with it.
As always though, diversification is key. A balanced portfolio should includes multiple asset classes, and as long as BTC is viewed as one of those asset classes then I see no problem with it.
What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest in 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?
I think the retirement age does not mean you can not invest.
I do not think it's too late, hurries up to invest crypto.
You have more time managing bitcoin investments.
But you must be good at strategizing.
In investment, the main desire and common sense. If a person of advanced age wants to engage in investment, he can do it. It's just better not to do it in the long term.
Why not take a chance? If a person really understands bitcoin, it can serve as a great hobby for retirement. You just need to be prepared that these investments will need to be transferred to someone from their relatives and write down the keys to their wallets.
All depends on age and goals. If I'm 90 and I want to make bitcoin money to fly to the Islands, it's a stupid idea. But if I'm 60 and I want to keep my money for my grandchildren, I can do crypto investments.
It's not too late to invest as long as the person is ready to take the risk. Age doesn't matter if you invest in crypto currencies just give your trust on it and take risks and believe. Its hard to invest into something which you don't know nothing. You need to be careful not to invest all your money in bitcoin, because bitcoin is unstable and if you fail you may lose everything.
i think there age doesnt affect when it comes to investment, even in stocks investment age doesnt define ones capability to understand about investment. and cyrptocurrency is very easy to understand. if younger ones where able to participate in bitcoin the same the older ones. and i think older ones are more capable to invest in bitcoin since they understand things very well.
Even if one says that being old means you are on a disadvantage with regards to entering bitcoin it can still be very used for future reasons; for securing your families and grandchilds expenses and schooling and for giving your last will you can also provide wealth by using bitcoin that you've earned.
It's never too late for anything! plus since you are retired that means that you have the free time you need to learn all the is to know about crypto currency before you start investing.
Really, this is even an advantage. It means, the guy has enough time to spend it for the cryptocurrency. If he has enough energy, he can become a very good trader or miner.
I believe that age has nothing to do with it. there would be interest, knowledge and you can deal with cryptocurrency
For sure age is just a digit or number in bitcoin as you can invest anytime it is not matter of age of limitation is not there for people who want to invest in bitcoin, infect a lot of people use to buy bitcoin and they hold it for long time as they know when they will be old and their own job will be fade then only bitcoin will be there to help then get needs of life, so bitcoin is applicable at every age, you can invest over age of 100 if you will have money and interest with crypto earning or 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?
Without a late investment, only those who are not ready to invest in money and crypto, there are probably many older people who are thinking about making money in their spare time and Bitcoin is a right place. So that they can invest and make money. 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?
Investing in crypto is not based on age. Even if you are old you can still invest. If you have enough knowledge in the market and you want to earn because of investing you can do everything to be successful nothing to do with a person's age even if you are older.
Old people may have some difficulty in understanding the technology behind Bitcoin. Also, they might find it hard to store and trade their coins. But all it takes is some patience and listening skill. If they can spend 2-3 hours on learning more about Bitcoin, then they will attain enough knowledge to deal in crypto-currency.
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?
i think it is not yet too late for elders to engaged in bitcoin and any other cryptocurrencies since he can pass it on to his children and even grand children it can be a great heritage to leave on your love ones. and bitcoin accept it all no matter who you are and what you are it doesn't really matters. Go for 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?
Old? Age is only a number. As long as we can manage it is never too late to joined bitcoin. When you are older you become wiser maybe it's the time to get rich. Try to learn how bitcoin works maybe this can uplift your spirit also.
It’s not too late. At least not for now to get into the crypto world. Even though you’re retired but you really want to give your family more financial stability, now is the time. We are in a revolution replacing fiat with crypto.
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?
i think it is not yet too late for elders to engaged in bitcoin and any other cryptocurrencies since he can pass it on to his children and even grand children it can be a great heritage to leave on your love ones. and bitcoin accept it all no matter who you are and what you are it doesn't really matters. Go for it.
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