Topic: Too late to invest in cryptos if you're old? - page 42. (Read 5948 times)
Since the person is retired and I am assuming that he has no source of earning other than returns from the investments and savings. We must understand that crypto world is a wild market and one should prepare himself for the worst possible conditions because in such cases if there is a matter of survival then the investor should play with a safe strategy. On the other hand, I believe that it is just a beginning of the mainstream dominance and hence it might give exponential returns in the long run so investing the little amount in a frequent interval of time (that won't affect the financial routine of such investor) would be a wise idea and a better solution.
I think that the elderly age is not an obstacle for investing in bitcoin and general employment of crypto currency. For this it is only necessary that a person be in a solid mind and sound memory. In addition, it is necessary to take some security measures in case of death .. All the rest does not matter.
Don't think so. For me, there's no such time can be consider as late when in comes to cryptocurrency investment because due to all coins price being so volatile, there would be time for dump and pump so we just need to wait for that dump time and buy then wait for pump to sell.
it doesn't matter how old you are, as long as you still have a good mind and understand about bitcoin investing and a brave heart dare to invest, than earning profit from cryptocurrencies is not impossible.
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?
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.
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?
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. If someone is willing to accept the new technology(or opportunity) then his age does not matter. Maybe his retired period will going be more exciting than his working period.
If the person is a pensioner it is even the right time to use some of his or her penson to purchase bitcoin in order to create a means of getting passive income regularly.
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 would advice to invest some for their grandchildren and some for them. But, Most of the elderly are having difficulties when it comes to understanding what bitcoin is and how does it work. But, if you're teaching them in a proper manner maybe they can adapt knowledge on whatw BTC is. 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 this is ideal as it would somehow create a bond between the grandchildren who might be able to comprehend better. Thus this would still be case to case basis as there are grandfather/gmother who are very keen or are into investment such as bitcoin can easily adapt especially if they have a strong interest and is on a good healthy living condition. thus, a healthy body composes a healty mind that is still open for learning and changes
Age means nothing. Older people might even have more money to invest and if they need more they should definitely buy sne Bitcoin now before everyone else buys. Be one of the first older people to buy in s other older people buy in after you and you make a good profit and never have to worry again. Bitcoin is for the young and the old. That is the beauty of Bitcoin. It is for everyone to enjoy and to enjoy together.
Good to hear there is interest regardless of age I'm glad. Keep spreading the good word that is Bitcoin.
Well i believe that it is not really tolate to inveat in cryptos as long as theres a life theres a hope .Maybe people around will say everything is too late for and old person to invest but that thoughts is really verry inconvenience we cannot judge everyone if tbey want to do things that are really profitable maybe an old person has a lot of experience and they can get more refference about thier life experience to be used upon working on this present time around. It's never too late to do something new, and I'm engaged in bitcoin. I think it's at any age. I have friends who are much older than me and earn on it very well, although at first they thought the same way
Good to hear there is interest regardless of age I'm glad. Keep spreading the good word that is Bitcoin.
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?
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?
Anyone related to personal finance would never recommend an elderly person invest their retirement funds in high-risk investments. In any case, if the person wishes to invest, it is recommended to only devote a fraction of their capital in such volatile instruments as in this case, the bitcoin, because in case of any eventual fall in the price it would be more difficult for him or her to wait for enough time to its eventual recovery.
Age means nothing. Older people might even have more money to invest and if they need more they should definitely buy sne Bitcoin now before everyone else buys. Be one of the first older people to buy in s other older people buy in after you and you make a good profit and never have to worry again. Bitcoin is for the young and the old. That is the beauty of Bitcoin. It is for everyone to enjoy and to enjoy together.
Good to hear there is interest regardless of age I'm glad. Keep spreading the good word that is Bitcoin.
It's never too late to do something new, and I'm engaged in bitcoin. I think it's at any age. I have friends who are much older than me and earn on it very well, although at first they thought the same way
Good to hear there is interest regardless of age I'm glad. Keep spreading the good word that is Bitcoin.
It's never too late to do something new, and I'm engaged in bitcoin. I think it's at any age. I have friends who are much older than me and earn on it very well, although at first they thought the same way
Its never too late to try on something. You can still make a handsome amount of money while investing in bitcoin.
I agree with your words. Cryptocurrency can always be e-invented. But in your time you can do a lot of things if you can invest or hold a good amount.
for me its never too late,, because its there, its everlasting and its not matter when you're are old or young the matter is you are gaining money
No, investing on bitcoin is never been late as long as you know that you have a money to invest and you also have a family that need your support. Because in helping them is a good way even your old.
It's never too late for anything in life.
Everyone should keep trying.
Bitcoin and the crypto currency community is ever expanding and it seems that there is no reason for anyone not to join.
Everyone should keep trying.
Bitcoin and the crypto currency community is ever expanding and it seems that there is no reason for anyone not to join.
I think there's no age limit in investing. As long as you are able and available.👍
It's Never., Now Or Never, Even Thou You Are Already 99 and Then Tomorrow is Your Birthday As long as you Have The Amount of Money That You Are Going to Invest Then You Should Do it, if You Really Have The Passion Then Why Not? Age is Just A Number, Also Crypto is Just A Number, You Invest Huge Amount, You Earn Huge amount of Profit. 
if people are old, if they have children, I think they will buy a bitcoin so they can invest in them
All too late if you have not started yet, but surrender, nothing is too late even if you are old. Learn until you die, then you will know how vast the world is.
I wish most elderly agreed with you
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