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Topic: Too late to invest in cryptos if you're old? - page 25. (Read 5947 times)

sr. member
Activity: 854
Merit: 251
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Nope I don't really think that there is such thing as age limit to be in the crypto's,
I think crypto's could be a good way for the old to enjoy their time some of the old one's are really into the stock markets so I think it is also a good for them to keep them busy.
full member
Activity: 518
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?

Age does not matter as long as you are mentally fit and can easily understand the world of cryptocurrency then you can be rich in bitcoins. If you then feels the interest in investing bitcoins and will do some research about bitcoins then you can be rich someday.
full member
Activity: 224
Merit: 100
Never too late to invest or start to bitcoin, maybe it would be better to be old for keep patient while making margin trading or regular trading, it is the gold advise that I had to be patient when the fluctuation is big.
full member
Activity: 350
Merit: 105
It's not late, everyone have a chance to invest in cryptocurrency but old peple can't easy to learn how cryptocurrency is very votality. But if you're a good teacher to them maybe they easily get waht's cryptocurrency goes.
full member
Activity: 378
Merit: 100
When Football meets 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?


Anyone can invest anytime, There is no need to worry about your age, You can still work on bounty campaigns at home even if you are old, There is no need to worry about investing because there are a lot of different variations for you in order to earn altcoins.
newbie
Activity: 10
Merit: 0
Its not necessary that if you are old then its too late for you to invest in cryptos. As there is no age of learning so anyone can understand what these cryptocurrencies are and can invest in them. A person despite being old can understand and invest in cryptos if they are familiar with internet and are ready to understand. Yes, it is bit difficult to understand cryptos but the most important thing is their will. So, anyone can invest in them whether young or old.
member
Activity: 238
Merit: 10
The market is still in its infancy, and it is not too late for anyone to invest in cryptos. However, it is best to invest only what you can afford to lose and not your entire life savings especially if you are old. The money gained can be inherited by grandchildren for education and such if they do pass away from old age.
jr. member
Activity: 238
Merit: 1
Yes it is risky. But i think its not too late to invest in cryptos if you're old, as long as they understand how it works.
member
Activity: 126
Merit: 11
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?


Even if you have 50-60 it's not too late, Bitcoin and the crypto market is going up so fast that's gonna be really easy to make good money in 2-3 years. Make sure you live that long .Smiley
hero member
Activity: 678
Merit: 500
The crypto industy is still young , I think It is not too late to invest the industry.
sr. member
Activity: 726
Merit: 251
By 2017 is a very big year for bitcoin and crypto. It's never too late even the right time to invest in bitcoin, if only you had the money to buy it. Bitcoin is meant to be profitable when invested in the long term, I tell you before you invest better in the world of crypto now.  Cool
sr. member
Activity: 462
Merit: 250
Well i don't think so, as long ass someone has a background or knowledge about online market and cryptocurrency despite his/her age is he can still be part of investing into crypto. All we need is an investment and knowledge about it for us to be a trader. Or maybe we can help them invest into crypto by entrusting to us their money and engage into the crypto world.
legendary
Activity: 1806
Merit: 1029
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?


It's never too late to invest in cryptocurrencies, but the standard advice definitely applies in your situation: Only invest what you can afford to lose. You don't want to put funds that you are living on into this. However, if there is some kind of luxury good that you spend money one--things like eating out, going to movies, buying coffee at Starbucks--you could give up the luxury good and invest the money you would have spent instead.

Also, you definitely will want to look beyond Bitcoin. There is a coin called DMD Diamond which is meant to be a store of wealth. If you have 200 of them (ideally, but works with less as well) and you keep your wallet unlocked for staking, those 200 DMD will "mint" more about once a week on average. DMD would be a good coin for you to pick up on a weekly basis (with money you would have otherwise spent on something you can give up) and just hold onto.
full member
Activity: 238
Merit: 101
Escorting Meets The Sharing Economy
No investment is too late but I would like to say that it will of course be limited. Maximizing your earnings in crypto is all about time and patience. If you know how to harness those then even if you are not millennial you can totally get yourself a life with cryptos. The potentials are endless and the possibilities are limitless. A little research would really help and of course, it's better to turn off your humanity when dealing with cryptos. hahahaha
sr. member
Activity: 658
Merit: 250
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 no restrictions on cryptocurrency though, don't care if you are old or young, everybody can use bitcoin and it's not late. It's better late than not invest anything. You still can earn profits on crypto if you invest your money into cryptocurrency right now.
newbie
Activity: 16
Merit: 0
Nothing is too late in the investment world, even if the person is old.
As long as there is willingness and willing to learn and there is great intention to struggle I think investment does not know age.
member
Activity: 168
Merit: 22
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 for everyone to be part or to invest in crypto world.Digital currency is open for everyone all over the world,theres no rules prohibiting the old ages to adapt or be part of the new civilized technology. Despite of being old some of them might have a superior knowledge of the process or have a strategical way for investing than minor have.Still its not too late for them to embrace the on demand currency,either bitcoin nor alternative currency.
legendary
Activity: 1918
Merit: 1161
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 the elderly have the best chance with it.
First, you have a lot of time at hand to evaluate all the ICOs, airdrops, bounties coming in here at BCT. Secondly, you have time enough to read through the forum and get knowledgeable about a few ideas and platforms. For beginners, purpose of blockchains, wallets, tokens.
Various algorithms and their differences like PoW/ PoS.
Other technologies like Ethereum, DAGs etc.

Join the communites and get active by sharing your views and experience.

As a retired person, you may also have good credentials to bank on, experience and a few junior members of your clan to rope in for campaigns and referrals. If done in a non-scammy, sincere way, I think crypto can be great way for someone old and willing-to-learn to earn a good old age and leave a nice fortune.

Just jump into it already Grandpa!!


Also, if you'd really like it, I'd be glad to share what i know on PM. I sincerely think that crypto has the potential to be life changing for anyone willing to invest the time. Its meant for people who want to, but don't have the avenues to create wealth. Ordinary people like you and I.

Of course, no guarantees, but hey, its always good to try in this one life!
legendary
Activity: 1918
Merit: 1161
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 the elderly have the best chance with it.
First, you have a lot of time at hand to evaluate all the ICOs, airdrops, bounties coming in here at BCT. Secondly, you have time enough to read through the forum and get knowledgeable about a few ideas and platforms. For beginners, purpose of blockchains, wallets, tokens.
Various algorithms and their differences like PoW/ PoS.
Other technologies like Ethereum, DAGs etc.

Join the communites and get active by sharing your views and experience.

As a retired person, you may also have good credentials to bank on, experience and a few junior members of your clan to rope in for campaigns and referrals. If done in a non-scammy, sincere way, I think crypto can be great way for someone old and willing-to-learn to earn a good old age and leave a nice fortune.

Just jump into it already Grandpa!!
sr. member
Activity: 490
Merit: 250
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?

Is there ever a rule in the crypto world that elderlies are prohibited from joining and/or investing in it? there is none. Anybody who has the capacity can join and it is never too late to join.
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