Topic: Too late to invest in cryptos if you're old? - page 35. (Read 5948 times)

Of course they're not too old.  Honestly, any of could get hit by a bus or suffer some other misfortune tomorrow, yet that doesn't stop us from investing in crypto for the future.  So then, why wouldn't older people be able to get involved in crypto?  For most of them, there's no known 'expiry'  date, so just because they're old, doesn't mean they're not going to live until much older.  Of course, understanding crypto, from a conceptual standpoint, is another kettle of fish.  My father-in-law is constantly asking me how it works, then shakes his head and walks away. (or maybe i just suck at explaining  )

yes it does seem to have a slight delay to play cryptocurrency but we can inherit the wealth assets we have in cryptocurrency for our children and grandchildren so they can continue your game, and teach them how to play bitcoin.

What is the definition of late?  One Indian cricketer Sachin Tendulkar retires from world class cricketer at the age 35 because he is "old" at the play ground on the other hand Mr Rahul Gandhi President of Indian National Congress at the age of 50 is called as young leader in Indian politics.  The other example is the president of USA.  Mr. Barrack Obama retired at the age of around 55 and current president Mr Trump takes charge as president of USA at the age around 70.  

So we see it is not the age which make a man old, it is thought which makes a man young and old.  A man at the age of 40 is old man for the boy aged 10 but is very young for the man who is aged 90 years.  So who is old? a man of 40 years or 90.  I think for younger all the elders are old persons but for elders all the youngsters are young.  So age does not decide the elderness, it is just thought which makes a man old.

A man retires at the age of 60 may think himself old and become sick and lazy all the time worrying about his health and wealth.  On the other hand a man when retires at the age of 60 may treat himself very lucky man because now he is free from all his liabilities.  At this age he is having sufficient time which he can utilise in gaining health by exercise; yoga and he is free to gain knowledge about financial markets in case he is interested in investing or doing business at old ages.

Investing in cryptos after studying properly by any person is definitely not late at any stage of life because a man is never old if he maintains his physical and  mental health good by practicing Yoga Pranayama (deep breathing exercises) and / or  exercise.

Nope its is not too late to invest if you are old, there is no age limit in investing unless you dont know what it is, you can invest if you want, ether your old or young, it depends on you.

Why would it be a problem? The age doesn't mean anything about how much money you can invest or how much time do you have to invest. It is all about how smart you are, and honestly, if you invest in cryptos, is because you are smart enough

I don't think that if we are too old, we cannot join into the crypto world because as far as I know, there is a member here that has a grandma that also using bitcoin and his grandma really understand with bitcoin but unfortunately, I forget his name. as long as that person wants to learn about cryptocurrency especially bitcoin and he have money, then I think he can invest in bitcoin and altcoin. I think in out there, there are any of the old men that using bitcoin too but we don't know who is he and I think he is enjoying his day by using bitcoin.

it seems not too late if you are investing in altcoin whose price is still cheap because it can be like a time bomb that suddenly the price can be very expensive, I recommend buying altcoin whose price is still under $ 1-5.

It is never too old to invest. It is like saying is it too old to invest in stocks? You can invest for your future or you can invest for family. You can invest to try to become a millionaire. All options are open. Take caution and do your own research.

Age doesn't have anything to do. To be honest with you a passionate person who invests time on this can become wealthy and super successful, people with a background in finance and tech can easily dominate this subject and make some profits out of it. It's a matter of enjoy what you are doing,

No, it is never too late to invest in crypto, never it will. It can give great returns in just a short span of time because of its volatility. Elders can benefit from it. No other investment tool can give such returns, even established companies and respectable institutions can’t return the way cryptos can. Though it has way more risky than others but if you can have a great strategy then you can go places. Just invest what they can afford to lose and learn to diversify.

You may want to rethink that now, being old is an impediment to hold bitcoin for the long term, what are you going to do if you invest in bitcoin and then suddenly everything goes down and you lose a lot of money and due to some emergency related to your health you are forced to cash out even when the price is that bad.

Not too late but we have more knowledge to investment in cryptos, it is not game it is serious investment and without know will lost all of them.

new members sell fast than old

I think age doesn't matter, as long as you know and you love what are you doing. People could then immediately gain revenue in couple of weeks dealing with crypto. Like when an elderly invest his money in a not famous altcoin then suddenly the coin increase its value a thousand fold within a month or two. So there could be an instant huge sum of money. However, if the elderly will start a small amount of money, this could be hard and may required plenty of time. At the end, elderly have experience having a huge amount of money, before they gone Im sure what they would like to do is to spend their live to the things that could make them happy.

If you see the potential of the bitcoin age doesn't matter.
success doesn't belong only for the young.
Remember a story of KFC he become successful in business at time he retired.

In my opinion it's not late for some who is old or retired from his job actually that's an advantage, they will get more time than others as they have retired so that can concentrate more in the bitcoin, instead of being jobless can consider bitcoin to earn money after the retirement.

There should always be a back up plan and I think that is one of the the important things when investing in cryptocurrency, we must have someone who we trust to know about where we keep our coins so in case something bad happen they do something about it, especially to those who are planning to invest in an old age they must keep it in mind.

Late is a relative term, late for what, if you mean late by getting rich by investing a few hundred dollars in bitcoin then that is right you are too late, but you can still become rich with bitcoin but only if you are willing to invest a good amount of money.

the best option after retirement, in my opinion is invest in the crypto world. then the profits can start with a small business. it is never too late to invest in the crypto world.

It is never too late to invest in Bitcoin since its price is constantly increasng (yes i know these days is decreasing but it will always go up ) so i am sure that even if you invest know you will probably make profit after some time. and if the predictions are right its price sould reach the 100k in end 2018 so why not  invest know ?

it is not too late for am elderly man to invest on crypto currency, but i will also advice short term investment, and also, at least one member of his family should know of his investment in case anything happens to his health, so that they (his family) can have access to his asset.