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Topic: Too late to invest in cryptos if you're old? - page 30. (Read 5947 times)

member
Activity: 266
Merit: 10
It's never too late for anyone to invest in cryptos. Unless he knows he's going to die in a couple of days from now. Many have become rich within a couple of months so even if you're over 60 years and can still operate a computer there's still a chance for success. Just to be safe it's better to pass on your crypto to your loved ones so that they can reap the benefits in case you leave this world.
full member
Activity: 490
Merit: 100
It's not too late to invest as long as the person is ready to take the risks he or she gets while investing in Bitcoin and understand how bitcoin works because it's usually the parent's to find it a little hard to understand things related to the internet. .
member
Activity: 525
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?


Parents can also jump to bitcoin, to have bitcoin it does not need physical energy like work in a real job. From some of his savings can be used for bitcoin investment, in order to gain profits even though he has retired.
full member
Activity: 182
Merit: 100
I don't think so,investing in any cryptocurrencies requires no age limit so for the elderly is not too late for them to invest in cryptos either in trading,gambling or just holding,if they are retirees or pensioner then they have the money to do that and as a matter of fact it will be a good form of relaxation for them,it can become a form of hobbies to kill time for them as they have nothing to do in life.We just have to educate or show them how cryptos works.
member
Activity: 140
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?

It is never to late to invest in crytocurrencies.age doesn't matter.if you really want to learn things are possible and be brave enough to take the risk.If you have a goal to make your future brighter and easier
member
Activity: 280
Merit: 10
I don't believe age makes matter for investing in cryptocurrencies. It is not about the age that gives right and chance for the investors, it's about chance and time for your interest.
full member
Activity: 325
Merit: 136
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?


No its not too late for elderly to invest in bitcoin for as long as you have the capital to invest and they understand what they are investing they surely can invest. I believe that there are still elderly who can cope up with the technology if they will effort to learn the crypto world they would succeed in investing.
member
Activity: 182
Merit: 20
If u are living on a fixed income be prudent, btc is not guaranteed to increase your wealth. Use caution only put in what won't keep u up
At night
legendary
Activity: 2282
Merit: 1023
i believe no matter what age we have, it does not matter as long as we have money and our mind functional to invest in cryptos, profit will come to us in the future because cryptos profit will rise more every year as long as we invest in top 10 coins on the market.
Keeping money aside for cryptos is a good idea but there are risks when investing in these projects,the top ten coins are good but some of the coins have already grown to new levels and hence the risk level will be huge,age is not a barrier to any form of activity ,but when it comes to investment you have to be careful.
hero member
Activity: 1764
Merit: 589
When it comes to investment all peoe has the same opportunity if they really want to earn and to have a porfit out of Bitcoin my for me it is necessary to be new in the process of system body Bitcoin because in reality Bitcoin is quite new in the system of transaction so it is up to us to lean and to educate ourselves on this process.
jr. member
Activity: 51
Merit: 10
I guess that's not too late to invest in cryptos if i'm old because all the time cryptos prices increased a lot that's why it's not too late . I hope that i help you .
full member
Activity: 271
Merit: 100
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?

No it is not too late, theres no age limit if you want to enter crypto world. If he had a knowledge and skills then go. Its risky but if you believe in bitcoin then its a big change.
jr. member
Activity: 52
Merit: 2
Hey, I am 55 and I am full in cryptos and it rocks! Cryptos moves faster that the mainstream world, so age matters even less!
sr. member
Activity: 1358
Merit: 261
No it's not because no matter how old the age is you can invest in crypto because age is not directly related in investing age is just a number and if you think that you're late to invest because of your age don't lose hope you can still invest even your too old as long as you can invest in crypto it's never been to late
full member
Activity: 616
Merit: 108
io.ezystayz.com
Cryptos is for everybody, you can use it when you are young and old. Sometimes in the news are people who got rich from investing in Bitcoin. I have seen old and young people so it has not a age limit. You can start at a age of 16 or higher it doesn´t matter at all, but always check your laws before doing anything.
legendary
Activity: 3808
Merit: 1219
It is quite difficult to answer this question. Old people generally refrain from investing in high-risk assets due to two reasons. The first reason is that they are no longer looking to increase or multiply their wealth. The second reason is that they can't afford to take very high risk, as they are beyond the working age. If something goes wrong, then they will run out of money very quickly.
full member
Activity: 462
Merit: 100
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 just a number. One can always start something new inspite of the difference of generation or age. Interest always determines the winner here. If the elderly we would like to get them involved in cryptocurrency is truly interested to learn the tricks of the trade, then it would be easy to teach them.
hero member
Activity: 924
Merit: 502
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i believe no matter what age we have, it does not matter as long as we have money and our mind functional to invest in cryptos, profit will come to us in the future because cryptos profit will rise more every year as long as we invest in top 10 coins on the market.

Right. Age doesn't count for anything since investing in crypto won't require any physical aspects. If you have a capital, now matter what your age is, its ok to invest in crypto.
full member
Activity: 582
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?

if I think gan investment in bitcoin for elderly people is also not okay ... to buy coin at a cheap coin price of pension money then he tube when the price of coin expensive then he sells not bad for added income ..
if he is afraid of forgetting or senile senwatir of course ask for help to children or sodaraya to guide him. if not afraid or kuwatir then do not need guidance or help of others .
full member
Activity: 952
Merit: 104
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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 word as late in crypto. Even elder people is always open in doing business in digital world as long as they are capable and knowledgeable in the things they want to do. If the elders are knowledgeable in the internet and they can access it then they always have a chance in crypto, since they have their pensions and they can invest in this kind of business.
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