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Topic: Too late to invest in cryptos if you're old? - page 37. (Read 5948 times)

full member
Activity: 146
Merit: 100
Age is never a governing factor in start of an anything and there is very old saying in English too that "U are never too old to start anything. So u r never too late  atleast for BTC to invest in and even u need to depend on ur children also for your old age. So I think this could be the best age for minting BTC because this is the only age when you are free and give your best time to BTC. So do no look at the age factor and just simply invest into BTC to have luxure for rest of your life.
newbie
Activity: 32
Merit: 0
At the age of 75 I'd say do what you want !   Cheesy

It's a bit late to start worrying about saving a fortune for the future - live every day as if it's a gift and enjoy yourself.

Money or Bitcoin - you can't take them with you !!

 so.......   Smiley
newbie
Activity: 14
Merit: 0
Old age is not an obstacle, we can advise our retired relatives to invest in bitcoin. Explain to them, but do not force them to invest. Let those who decide for themselves whether to invest or enjoy their old age without interruption.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
keep in mind, in the crypto world there is absolutely no word late, if you say it's too late it's wrong. it is time everyone will go to the world of crypto.
sr. member
Activity: 2380
Merit: 366
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, I don't think it is loo late for this kind of people to join the crypto community. Well, they might it interesting to join and learn new things despite their age. They might want to save some crypto investments for their children and their grandchildren. Some others are simply joining what's trending. And as of this time, cryptocurrency, especially Bitcoin, is really one of the most popular invention or technology that is growing.
sr. member
Activity: 840
Merit: 254
Cryptocurrency does not require your age for the innovation. They accommodate all people and every sector in the society because they believe every single piece is needed to achieve their goal.
Age is not a requisite to invest in crypto but at he same time a person that is too young is not going to have the economic means to invest and if you are too old you no longer have the time to hold for a long time, so there are still limitations to the age you need to have to invest effectively on crypto.
legendary
Activity: 1148
Merit: 1048
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?


Unlike the majority of folks of this thread, I cannot agree that this would be a sound investment for the majority of elderly folks (at least in America). Why? RIsk, and the current state of the price. In a general sense, the older you get, the more risk adverse one should become in their investing strategy, as there is increasingly less income potential to replace the money should one make a bad investment. on the other hand, at these price levels no one can really call what is going to happen in the next few months. the price is so high it takes a significant investment to see meaningful gains. would you want your grandma to buy 10k worth of btc, to have it drop 30% over the next few months? that 3K loss could have been a month or so of living expenses, and time was lost as well.

bitcoin is for the younger investor, more welcoming of risk.
full member
Activity: 518
Merit: 104
PUFFY FINANCE
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 too late for old guys to invest in bitcoin because they'll make some extra bucks on top of their initial investment and make their life a little better.
member
Activity: 112
Merit: 11
I dont think so it means you can potentially give your kids/grandkids a nice gift someday. Its never too late!
member
Activity: 228
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?

I think you don't read Book of Mastering Bitcoin. If you read this book you can understand the total value of bitcoin, it is a world best book and you can get here more information about bitcoin . i'm just say you in a shortly crypto currency is a best platform so start now what you want to do.
full member
Activity: 658
Merit: 106
Of course not it is not too late for the older people to invest in cryptos because if they really want to learn on how it works then they can invest to it. It doesn't also require age so that is not a problem.

Yes i agree, it's not to late if you can invest in bitcoin even if your age are old. Because cryptocurrency it doesn't require age like you said, if anyone want to learn how to invest, they can earn bitcoin or money even without doing anything, so for who want to invest in bitcoin even their age is too old, i suggest you it's not to late to invest now.
P3
member
Activity: 266
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's never too late. You can always have room to invest on cryptos because cryptocurrency has so much more to give you even if you invest little. But of course you have to go all in to maximize profits. You can at least give a little percentage of you pension so it can collect interest in bitcoins. Just hold it and then sell it once the price of bitcoins double.
yes it late for you if your are old and you are join the bitcoin now. I think the bitcoin will give you benefit but according to your age you can handle the bitcoin very good, if you are young you can make great enjoyment with bitcoin but the older people are only suffer their life with good standard in last ear of their life.
sr. member
Activity: 381
Merit: 250
Of course not it is not too late for the older people to invest in cryptos because if they really want to learn on how it works then they can invest to it. It doesn't also require age so that is not a problem.
sr. member
Activity: 840
Merit: 254
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?


Its not too late.

Laser online offer you investment programs that actually pay. Yes is a ponzi but it pays.. I suggest investing what you’re prepared to lose. If you invest, put in your profit from a first investment not you principal if you’re wanting to play it very safe which is what I’m doing.. I’ve been burnt 1 too many times and want to make sure I dont lose any of my own money this time..

Good luck!
If you have been burned that many times what are you doing investing in something you know it is a ponzi, you can get amazing returns with bitcoin or with some alts forget about investing in such schemes you are only losing money and your time, if someone invested in bitcoin at the beginning of the year a big sum of money that person is already rich.
newbie
Activity: 52
Merit: 0
It can be very stressful, investing in cryptos is not for people with high blood pressure or with heart conditions.
sr. member
Activity: 630
Merit: 258
Like what I said earlier, they not require age. NO matter if you are too old or not,
as long as you have authority or consent to enter in this kind of business you are always welcome and the company and management will be happy to accommodate you.
legendary
Activity: 1050
Merit: 1000
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?


people's views of life change as the age progresses. they want to spend their remaining days in peace and quiet with less effort. so bitcoin is not a suitable job for older people. the risk of losing a lot of money and having a heart attack is higher.
member
Activity: 168
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?

i think it is not too late to them to invest because investing is not in the age is in ability and talent.While they wait for their pension or while they are in their house so their lives are not boring and for others not to think they are useless they can invest here in bitcoin to earn a lot of money or to increase their money do that they could be left wealth in their family.Now,bitcoin is lifetime ,i agree.
full member
Activity: 364
Merit: 100
its ok for old folks to invest in bitcoin as long as they can understand the basic and how it works
member
Activity: 308
Merit: 10
It's never too late or too early to invest in Bitcoin Or altcoin. You should have a balanced portfolio. BTC will give better return than the stock market over the next 20 years? If you think so, then it is obviously not too late at all.
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