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Topic: Too late to invest in cryptos if you're old? - page 40. (Read 5948 times)

sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
I dont think it is too late for them to know about bitcoin. However, I think it is so hard for them to understand about it. I dont know, but I found my father who is 75 years old has trouble in understanding what is bitcoin and how it works. Maybe some old people can understand it very well.
I think that age is not a big factor in regards to starting an investments  on bitcoin. Because I see that most people who uses bitcoin are the mature ones, and for some to have maturity time and years need to trained and to established  them. So it definitely  equal for the opportunity  it could give to us people.  It will just depends on lie management  on how we are going to earn more and to have a bigger profit in the future.
full member
Activity: 616
Merit: 102
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?


For me it's not too late. Even retired or a student can invest and still gain profit. Imagine the price of bitcoin and ethereum last year, the price was low and now if you only you invest you can have a big profit. There are more years to come why not invest now.
full member
Activity: 476
Merit: 100
This year has been a huge year for Bitcoin and cryptos.Its never too late and even the right time to invest in bitcoin if only you have the money to buy it. Remember Bitcoin is meant to be profitable
when invested for a long term, i suggest the earlier you invest the better.so it will be better to invest in cryto world now.
member
Activity: 532
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?


Invest , don't lose the opportunity is a good way to earn in short terms nowadays.
hero member
Activity: 1148
Merit: 504
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 your financial situation is secure, i.e. you withdraw less than 4% of your assets annually to pay for living expenses, it may be worth investing 2-4% of your investment capital.

This would put you well ahead of most investors in allocation to cryptocurrency.
yeah if you are old and do not have any income from your job then it would be better if you see your financial condition first, because investing in bitcoin is a big enough risk, so estimate your financial condition, if you still keep a lot of money then it is ok you put your money in bitcoin and even now it's not too late anyway,,
sr. member
Activity: 588
Merit: 251
HELENA
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 not too late for anyone who wants to invest in bitcoin but investing have a great risk so better learn first before entering with any investment.
member
Activity: 78
Merit: 10
i think there's no age limit in investing cryptos. its actually happen in some cases, that an old man invest in bitcoin and give it to his son/or grandchild or the one who keep taking care of him.
member
Activity: 602
Merit: 10
No, age doesnt matter in cryptos as long as your able to read and post and ofcourse literate in computers or cellphones you can do bitcoin. It is not too late because  for oldies because this is not for long time business, for just less than a year you can start earning here
full member
Activity: 158
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?


If your financial situation is secure, i.e. you withdraw less than 4% of your assets annually to pay for living expenses, it may be worth investing 2-4% of your investment capital.

This would put you well ahead of most investors in allocation to cryptocurrency.
full member
Activity: 532
Merit: 187
A week in crypto are like a month in real life. Stay around just one year and you will be one of the old investors.
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?

To me a person in that situation cannot take any risks, and if he did not invest in his youth then it is too late to do it now, you are supposed to invest during all your life, while bitcoin was not around 20 or 30 years ago that person could have invested in Microsoft, Apple, Google, or Amazon.
jr. member
Activity: 45
Merit: 10
Not too late to invest. If you think you are too old to invest. You are wrong. Everyone has a bitcoin belief that will increase the price. And of course they will reach $ 50,000, according to the free mc
newbie
Activity: 37
Merit: 0
If you like adventure, it will not be late when you get older .. I'm sure the bitcoin will increase dramatically in a few years, I'll store them and wait for the bitcoin to increase to $ 50000
member
Activity: 200
Merit: 10
It's never too late to enter into cryptocurrency market. We are still in the early adopters phase, so it's far from being too late Wink
full member
Activity: 165
Merit: 100
Bitcoin is continuing to appreciate, if you think it's not late, if you invest now. Bitcoin can be down to $ 8000, if bitcoin down you invest again
newbie
Activity: 28
Merit: 10
wow bitcoin can be down to $ 8000, you think interesting. if you invest now. You may be wrong but 1 year later. I am sure you will have a fortune. and bitcoin does not discriminate young or old
member
Activity: 280
Merit: 10
ELONCITY
My grandfather is better than me investing in cryptocurrencies. He has the time, desire, a good mind. This is enough for success.
member
Activity: 532
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?


Are you alone ?  I do't know how old you are but you have family with you ? How much you know about crypto to start investing on it ?
member
Activity: 434
Merit: 10
Its never too late to try on something. You can still make a handsome amount of money while investing in bitcoin.
Bitcoin doesn't have any regulation to establish any maximum age for doing something you really want to do especially investing in bitcoin. You can start at any age. Even if your old or not as long as you want to gain more profits then it would be ok, you can still do a lot of things. It is never hopeless unless you think it is!
full member
Activity: 420
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?


I think yes if they are really willing to do it and they have a motivation to keep going because knowing that they are elderly thet only have few time for waiting for the cryptos to grow. But if they are a businessmen there are a lot of chance that they are not too llate they are going to invest in it anyway because they are a businessmen. They always want to have a lot of profit and make profit into something.
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