Too late to invest in cryptos if you're old? - page 28.

Bit4UTeam

newbie

Activity: 56

Merit: 0

Quote from: Games.Bitcoin on November 12, 2017, 04:24:34 AM

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's not too late, I'd better say it's a good time as elder people have more free time to trade. But there must be a person who will explain how it works and give some useful recommendations.

blockclick

newbie

Activity: 39

Merit: 0

When it comes to age its almost never too late to do anything

Dapper

sr. member

Activity: 560

Merit: 260

Age is not a factor. If you don't have any capital, YES that's a factor.

Bittoshi

full member

Activity: 280

Merit: 100

If the person is interested in crypto currencies, it is never too late. He could just buy some cryptos for fun and hodl for a year or more. If there are winnings after that time he could accumulate or take the money and travel the world as long as he can do it.

Henrobakkara

full member

Activity: 1512

Merit: 115

it's not too late dude, everyone can join this business. many people realise how crypto can change their live. but i think dont take a long-term invest and try short-term. and maybe u can trading to fulfill your daily life.

asus09

sr. member

Activity: 1344

Merit: 270

Quote from: Games.Bitcoin on November 12, 2017, 04:24:34 AM

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 guess it's not too late, you can buy altcoin and keep it for the people closest to you. or maybe for the future of your grandchild. it does not hurt to engage in bitcoin and not fixate on one's age.

Ailurophile

member

Activity: 294

Merit: 13

★777Coin.com★ Fun BTC Casino!

Nope I don't really think that there is an age required to invest in cryptos.
I think that everyone even the kids or the old ones could use or invest in it as long as they know what they are doing.

The Alchemlst

full member

Activity: 350

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BITDEPOSITARY - Make ICO's , More Secure

Quote from: Games.Bitcoin on November 12, 2017, 04:24:34 AM

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?

Not really specially if you are going to invest to altcoins because they still grow fast compared to bitcoin but still both are profitable in a year or two I think investing at younger and older age has different advantages and disadvantages what matter is you do something and start investing whenever you can.

cryptosifu

sr. member

Activity: 378

Merit: 251

You're never too old to invest in cryptocurrencies but if you've never touched a computer in your life, I wouldn't recommend it.

Mohamme

member

Activity: 224

Merit: 10

I want to invest in crypto money will never be old, when you can understand the cryptocurrency, then it means your thoughts and the footsteps of the young people, bless you, my friend.

rainezerr401

member

Activity: 294

Merit: 10

Quote from: Games.Bitcoin on November 12, 2017, 04:24:34 AM

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?

In that case, You should work on bounty campaigns to earn more money. Investing is not always the choice, Even though your'e old, You can still work on bounty campaigns at home. This is the reason why bitcoins can save people from poverty, Its because ico's are giving the way for other people to have a job to do in their house.

Ray3z

member

Activity: 188

Merit: 10

Quote from: Games.Bitcoin on November 12, 2017, 04:24:34 AM

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?

Cryptocurrency investment is risk for all age. It is not only risk for old people.
If anybody has retired and want to invest in crypto, i think it is not bad idea. They can just invest and hold it because thats the simplest strategy.

Bakemat

sr. member

Activity: 779

Merit: 250

Quote from: Games.Bitcoin on November 12, 2017, 04:24:34 AM

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 depends but for me it is not too late to the elder people who use the bitcoin because they can gve to their grandchild. And if you know that you're not near to the dying you used it as to less hassle inghe transportation but just find online shopping in the internet and then orfer what you want to order and they can delivered it to you.

Alex Khvatov

member

Activity: 78

Merit: 16

Quote from: Games.Bitcoin on November 12, 2017, 04:24:34 AM

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?

My wife and I are invested in cryptos (we are about 25yo), as are our parents (about 50yo). But the first one to invest in my family was actually my grandma (with the help of my parents), buying Bitcoin at $8k USD / BTC in October.

The elderly definitely have a chance to jump on the crypto train, especially if there is someone to help them! As for risk - the elderly are just like any other adult... some can afford to invest and potentially lose a portion of their money, while others can't. It all depends on an individual situation, I wouldn't group varying circumstances into one lump by age.

TiffanyLien23

full member

Activity: 350

Merit: 107

Others can say it is too late but others can say it is not. But for me, it's hard to really understand the world of bitcoin especially in older ages. It is different from the system of their understanding. But if it's not quite old and still able to understand the world of bitcoin, why not. He can choose on trading. It can be used to get involved in the bitcoin industry.

btccointalk

member

Activity: 336

Merit: 20

I think if there is nobody else to look after his investments after him, I would suggest not to enter in because when he will invest he need to wait for sometime for better returns. He may not have that time.

Md Saad

sr. member

Activity: 584

Merit: 256

Quote from: Games.Bitcoin on November 12, 2017, 04:24:34 AM

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. for me, Bitcoin has started its journey in recent time so that it will go a long way. that's why anybody can join in this platform anytime. if an elder people wants to join here then he or she must take this initiative as early as possible because of the price is increasing day by day.

Not only the price is a matter but also the demand of Bitcoin is increasing at a high rate that's why it's the high time to grab it as much as you can.

Kezio

member

Activity: 108

Merit: 10

It depends on the capacity of each individual to grasp how investing in blockchain works. With this condition it's never too late, but if that person cannot understand the technology behind that investment, it doesn't really matter if you're old or not, the best move is to not complicate your life with this such an issue.

Markzuckertion

member

Activity: 99

Merit: 10

BITDEPOSITARY - Make ICO's , More Secure

Not so, since the increasing price of bitcoin is very significant. It allow people to gain profit from bitcoin. Although it will be better if we start investing while we're young because there are plenty of time to grow our money.

arief89

member

Activity: 266

Merit: 10

It is never too late to start, even if it is old to invest in Crypto, because it is for our future, even if it is old there are wives and children who will feel the results.

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