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Topic: Too late to invest in cryptos if you're old? - page 20. (Read 5947 times)

member
Activity: 210
Merit: 10
I guess no. As long as they have capital and the determination to learn still it is not too late for them. They just need a family member who
 is knowledgeable about crptos  that will teach them about the  exciting world of crptos.
member
Activity: 60
Merit: 10
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?


Its not too late for the retired persons to invest in crypto currencies. All they need is the time to gain knowledge as well as the guts and the capital. They could even invest for atleast 3-5 years to be able to earn from their investments.
member
Activity: 231
Merit: 10
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?

The risk is always there but it is not too late. Investing in cryptocurrencies are never too late even you're old, it has nothing to do with thier age. It only depends on the understanding of a person to the market, the power of thier will and if they are ready to give time and effort to make money.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
No its not, there is age limit in investing at bitcoin. But if you really want to earn a good profit then start investing in bitcoin. It doesn’t matter if you’re older just enjoy your life.
newbie
Activity: 1
Merit: 0
its never too late!  just talked to someone in their 30's today and surprisingly they have never heard of 'bitcoin' or crypto AT ALL!
sr. member
Activity: 560
Merit: 250
There is no old or young to make money in cryptos, any one can start investing in crypto and the main thing please do study about the ICO details before you start to invest in any crypto.

Never look at your age or position you can invest with coins you want.  Wink Good luck
newbie
Activity: 126
Merit: 0
For me, regardless what age you are, as long as you understand the crypto, then it's good. Being old is not a hindrance in investing something.
Eventhough most people who are in crypto are younger, old people can still engage on it. They just need to know how crypto works.
sr. member
Activity: 1015
Merit: 289
Since it is more likely to become rich faster in cryptos than in mainstream finance, I woudl rather say that being old is actually somehow an advantage for investing in cryptos, since you can wait less time to see results Smiley
hero member
Activity: 896
Merit: 500
We must have the principle that being late is better than nothing, this is what we have to understand, and the bitcoin investment opportunity is still very open so I say we are still likely to get big profits.
newbie
Activity: 5
Merit: 0
what kind of investment? putting all their savings in crypto is too risky ofc, but taking 10-20 percent of their money and invest in btc is a great thing to do as they will be able to make profits that no other investment will yield.
newbie
Activity: 72
Merit: 0
Agree! As for me also age doesn't matter with cryptocurrency. As long as your good to do exchange and business with crypto, your not late though. 
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?


There is actually no time that is late to come into the Cryptocurrency world. The market is open for everyone and the major thing to avoid is being greedy - greediness cause losses most of the time. Even if the person can't go into it fully, buying it for the children won't be a bad idea. Settling down after retirement in to the Cryptocurrency market is good too and will definitely keep the business at bay. I also want to say, not good to put in all his /her savings into; you start bit by bit and build from there.
full member
Activity: 490
Merit: 101
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?


There is actually no time that is late to come into the Cryptocurrency world. The market is open for everyone and the major thing to avoid is being greedy - greediness cause losses most of the time. Even if the person can't go into it fully, buying it for the children won't be a bad idea. Settling down after retirement in to the Cryptocurrency market is good too and will definitely keep the business at bay. I also want to say, not good to put in all his /her savings into; you start bit by bit and build from there.
full member
Activity: 994
Merit: 105
There is no old or young to make money in cryptos, any one can start investing in crypto and the main thing please do study about the ICO details before you start to invest in any crypto.
legendary
Activity: 1876
Merit: 3139
In my opinion, I think that age doesn't matter at all. It may be only difficult for people who are not familiar with using computers or aren't English native speakers which will make finding information more difficult. I try to encourage every member of my family to invest in cryptocurrencies. It is not too late to join the "cryptocurrency hype train". Elderly people usually have more money but they are distrustful and not easily persuadable. Fortunately, I will be the one to see the collapse of fiat.
sr. member
Activity: 812
Merit: 250
of course not
absolutely not late
this can be seen from the dynamics of growth

Actually, even your old you can still invest in cryptocurrency and if you have a lot of money you must continue on investing because it will help you to gain more money. In addition to that, you are not too late to invest in bitcoin and I suggest you must invest now and earn high income in the future.
member
Activity: 392
Merit: 10
if that person have the heart to be a crypto lover then it would not be too late. cryptocurrency selects no age. Even if you are a child or oldies. It is much better if you are old. Because you have something to be busy on.
full member
Activity: 378
Merit: 100
to make the invasion in crypto I think it is not too late, now more choice of cryptocurrancy, if have its capital many can choose bitcoin, now also have altcoin good to make investment choice, just choose which one is suitable for you and can give advantage
newbie
Activity: 26
Merit: 0
there is no age limit for crypto. Go all in!
member
Activity: 128
Merit: 10
In my opinion is never too late for invest in crypto currency because there aren't age requirement, the important is just start now and you could have a great profit in short term too, but a minimum of knowledge is fundamental.
member
Activity: 238
Merit: 10
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, that depends from person to person. There will be people that still have the capabilities to understand what bitcoin is and how it works even at an elderly age.
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