Too late to invest in cryptos if you're old? - page 29.

andrei56

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Quote from: Scavagers on December 31, 2017, 10:14:28 AM

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 is not a bad idea to teach bitcoin to elderly especially for those who are retired. It is actually good for them because even if they are already retired, they can still earn money aside from the pension that they are receiving.In this manner,they can earn lots of money and sustain their living and also they can buy whatever they want. It can be also be a past time for them because they do not have a job already.

To those people that were fortunate enough to be able to retire, something that most of my generation in my country will not be able to do, the last thing they want to keep doing is to keep working they just want to enjoy their life and live comfortably.

gorodi

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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?

Many elderly people successfully master computers and some new hobbies and I think that if they wish, they will be able to successfully learn the crypto currency and get a good profit.

deddod

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Activity: 476

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?

There is no age limit to be able to invest in cryptocurrency.
So in my opinion you are not too late. Invest now and hopefully you can take a big advantage later.

Hobo66

hero member

Activity: 1344

Merit: 502

Its never to late to invest in crypto because the price always keep
going up, I see bitcoin price is going back up to $15k due to the
investor, the price was falling also due to allot of user cashing out funds.

coynedterm

hero member

Activity: 882

Merit: 500

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 the field of cryptocurrency , no matrers that what you are , no matter that how much you aged , no matters how you have luck .
Here matters only the better descion and better timing to make investment i.e knowledge plays an important role to have big earnings and big losses .
Here I myself in this field since 2013 , and now at present time my earnings gets started in better amount , that is what I gain knowledge in this field to amke trading perfectly and another thing that I seen is that perfect timing to make investment Because to get late to invest in anything is really a stupid thing .
So here I would like to advice that go for the jump in this field instead to wait for perfect time .

Thasins61

newbie

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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 is too late for jumping on the crypto train. prices is high also fee. you can’t make 15,000 in risky thing like bitcoin also it is hard to rise from 15,000$ to 15,000$ next year which make any real investment better than bitcoin.

Sithara007

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Leading Crypto Sports Betting & Casino Platform

Quote from: thebanker28 on January 01, 2018, 12:08:29 AM

Its not about your age, its about your understanding of whats going on and your appetite for risk. Take some time to learn and when you are comfortable step right in. ITs never too late.

Old people may be having difficulties in understanding the concept of digital currency. They are used to physical assets during almost the entire duration of their life, and suddenly they are hearing about digital assets. Also, they may be more worried about the scams and ponzi schemes. To be honest, I was thinking that Bitcoin was a ponzi scheme, when I first heard about it in 2011.

thebanker28

sr. member

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Its not about your age, its about your understanding of whats going on and your appetite for risk. Take some time to learn and when you are comfortable step right in. ITs never too late.

MAJICOIN

full member

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Merit: 100

It is good to buy bitcoin now if you are old or young it is not the problem but if you want to be successful in the future you must pay attention to the crypto side. Bitcoin is good to use it for trading and investment in the present time. it is time to invest in bitcoin and other cryptos in the year 2018. Other altcoins are also circulating in the exchanges ans people have good reserve of this currency.

KevenDabid

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Activity: 196

Merit: 10

The concept of investing in crypto has no old age, so if you can take the risk of zero, then congratulations, you can go into the cryptocurrency market and get the profits.

brascopck

full member

Activity: 392

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It's never late to invest on cryptocurrency. Like the wiseman said "it's better late than never", there are still many opportunity on cryptocurrency, just invest on altcoin that you think that will become big, my advice is invest on Ethereum.

GreatArkansas

legendary

Activity: 2562

Merit: 1399

It's never too late, if you don't want the price of bitcoin now, invest to those undervalued altcoins now. Still there are more profitable coin for now and you can hold that for long term. Research, read and read, ask everyone. It's never too late!

shinjunobi09

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Activity: 126

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I don't think it is impossible for them no matter their age they are unless those senior citizens who are no longer allowed to used any laptops or cell phone who have problems with their eyesight. I think it is possible for them if they are willing and are very much interested in earning money especially now that they don't have a job because they are already retired, this will be like their past time.

Xzhyte

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Blockchain with solar energy

Its not too late. Some without background in IT would be hard for them to understand, but I think they can catch up with a good teacher. They can still make some money, or invest in some cryptocyrencies.

Kolly

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Activity: 208

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?

There is no age limit to invest in any crypto currency especially the retirees they have money to do so.If they want their retirement fee to grow they must invest in crypto rightnow.

Suzan

full member

Activity: 189

Merit: 100

Every investment has its own advantages and disadvantages. There are advantages and risks to be faced. Everyone can invest n bitcoin, even if they are old or retirement. It all depends on the person, he or she is willing and caninvest im bitcoin . I will teach, give understanding and guide him as much as I can. Then I return to him whether or not to invest here. So I guess it's not too late.

gurupauts

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DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY

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 anyone has the same opportunity to invest in bitcoin, old or young they have the same opportunity and not too late to start investing

gabbiee

full member

Activity: 167

Merit: 105

Quote from: BlackRacerX on December 31, 2017, 10:09:37 PM

It never is too late or too old to invest on bitcoins as long as you want to learn the system and you're willing to spend around 1 hour each day for trading. It never really is hard when you're trying to learn how bitcoins work as long as you are interested in it. There is no age requirement nor experience to get to know bitcoins.

I agree, it is never too late to invest in bitcoin because the price or value just keep on increasing and whether you invest now or tomorrow you can guarantee that you'll have profit, but the longer you hold your coin the more profit you're going to get. As long as you understand the world of cryptocurrencies and how the system works your investment will grow.

BlackRacerX

full member

Activity: 462

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It never is too late or too old to invest on bitcoins as long as you want to learn the system and you're willing to spend around 1 hour each day for trading. It never really is hard when you're trying to learn how bitcoins work as long as you are interested in it. There is no age requirement nor experience to get to know bitcoins.

NanielManc

newbie

Activity: 4

Merit: 0

I think it's not too late for this. But I think you need to now how bitcoin works, before any investment.

In addition, I think this is the beginning of bitcoin.

Topic: Too late to invest in cryptos if you're old? - page 29. (Read 5947 times)