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Topic: Too late to invest in cryptos if you're old? - page 44. (Read 5948 times)

member
Activity: 295
Merit: 10
There is no age limit for cryptos.  This is for all of us.
full member
Activity: 378
Merit: 102
I think the world of cryptocurency is for all ages including parents, as long as those who are old have strong intentions and determination can definitely be involved in the world of cryptocurency. But very rarely parents still want to work hard, especially in the world of cryptocurency.
hero member
Activity: 2604
Merit: 816
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i don't think that to invest in cryptos its depend on ages because no matter how old are you, you can directly invest your money and you can buy any coins in crypto. but first you need to buy bitcoin and then you used that bitcoin to buy another coins that you think it will bring you a good profit in future. its never to late to invest in cryptos and as long as you have the money, you can buy it at anytime and you can keep it as your long term investment.
legendary
Activity: 2758
Merit: 4074
the gold rule with bitcoin "all time is good to buy bitcoin" Because bitcoin price changes fast (you can see price change more than 500$ daily) this make a chance  to earn fast free money from just short hold , or take your risk and hold it for long time .
Many makers start to accept bitcoin that will make high Demand in other words high price.
so it is so early to invest in cryptos only too late to be rich from just hold
member
Activity: 224
Merit: 11
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Bitcoin is growing day by day even though there are few dumps here and there. The currency has been growing stable for quite a few months now which shows that even if we invest now then its not too late since BTC has the capability to grow more and more. That's why the elder ones still have a chance to sail the same boat as we are in. Bitcoin can easily cross $10000 which would still be 25%+ than current price.
I think yes already too late of jumping on the crypto train for who is retired but Bitcoin is the best choice for investing if they want
Because people are investing more in Bitcoin, Bitcoin price is increasing rapidly, Bitcoin potential currency its give us profit a long run

You can never know what's gonna happen in 2-3 years. Maybe the price won't increase from $1 to $7000 but it's still a good investment for 2-3 years. I guess he can live that long.
sr. member
Activity: 560
Merit: 251
Bitcoin is growing day by day even though there are few dumps here and there. The currency has been growing stable for quite a few months now which shows that even if we invest now then its not too late since BTC has the capability to grow more and more. That's why the elder ones still have a chance to sail the same boat as we are in. Bitcoin can easily cross $10000 which would still be 25%+ than current price.
I think yes already too late of jumping on the crypto train for who is retired but Bitcoin is the best choice for investing if they want
Because people are investing more in Bitcoin, Bitcoin price is increasing rapidly, Bitcoin potential currency its give us profit a long run
full member
Activity: 673
Merit: 112
umachit.fund
here the question is not whether it's late or not, the fact is that older people have more experience and they do not trust it and are afraid to invest their savings in order not to lose. They need to be better informed before they invest
member
Activity: 196
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 its not! because theres no rules that over age doesnt invest so anyone vcan invest to cryptos!
sr. member
Activity: 1162
Merit: 260
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. 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.
full member
Activity: 317
Merit: 104
Bounty manager
November 17, 2017, 12:59:32 AM
#99
The price is going up everytime. So it is not too late but also it is worthless if you always wait and wait and not having profits. For me , i would try keep watch on news to know when prices will go up and when to sell them.
newbie
Activity: 48
Merit: 0
November 17, 2017, 12:57:29 AM
#98
No its not the matter of age which keeps you away from investing in bitcoins actually its the beauty of bitcoins that its free from any sort of age restrictions nor its too late the world is investing in it with handsome amount in return so its the best time to invest in its never too late.
member
Activity: 140
Merit: 10
November 17, 2017, 12:53:15 AM
#97
It's not too late for anything. Bitcoin is nothing other than a means of investing your money. Do you get too old to buy property? To have a bank account? Although the methods are different, the idea behind bitcoin is the same.
hero member
Activity: 2646
Merit: 686
November 17, 2017, 12:16:28 AM
#96
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?


Last time I checked, Bitcoin did not come with a age criteria, anyone and everyone can invest at any period of time. Now answering your questions, at your age assuming you're quite old, do you have benefactor who's going to gain from your investment or its only you who's looking for extra income. If it's a benefactor you could invest a good amount and let him have it later. If it's you, then I would advise you to invest 10-30% of your surplus money and earn from it.
full member
Activity: 463
Merit: 100
November 17, 2017, 12:12:36 AM
#95
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 there is nothing wrong with age, it can be done for all ages. I think old and young dont make any difference it's a secret of nature about age. so I think you can invest. and to keep things that you do not want, you can make a will for someone you trust.
full member
Activity: 169
Merit: 100
Vite
November 17, 2017, 12:07:09 AM
#94
There will be old people who would love to invest in bitcoins, simply because it's their hobby, their pleasure. And the laws does not prohibit old people from investing in bitcoins. So, nothing is too late
I have the same idea, some of my uncles are old, but are still investing in virtual currency and bitcoin ... We are still young, so should we invest a lot in bitcoin?
member
Activity: 132
Merit: 10
November 16, 2017, 11:57:06 PM
#93
Although now it seems the password is up a lot of, in fact now is only the initial stage of investment password, so if you choose to invest password, so it is not late, bitcoins and other currencies will continue to rise.
legendary
Activity: 966
Merit: 1042
November 16, 2017, 10:46:15 PM
#92
It's a steep learning curve but it's always worth getting in on new technology when you're older. You may not be able to HODL for 50 years but why would that mean you shouldn't enjoy financial freedom from governments and banks while you can?
newbie
Activity: 54
Merit: 0
November 16, 2017, 10:44:56 PM
#91
I don't think that you have to be insecure about that because of your age. As other situations, you have to be curious and also smart to know what to do and the most important thing, how to do it. Cryptocurrencies, as I can see from my perspective, does not care about age...cares about enthusiasm, intelligence, will to collaborate and strategy.
full member
Activity: 308
Merit: 128
Here I come! Again!
November 16, 2017, 10:37:27 PM
#90
I do think so, more stable investment is more preferrable for old people so that they can retire in peace Grin
Stock is considered high risk because of its volatility, crypto is even mpre volatile than stock
full member
Activity: 350
Merit: 100
November 16, 2017, 09:54:44 PM
#89
I dont also think its too late, because bitcoin is rapidly expands , if you invest now probably a few months from now, 100% its value will surely pumps up and you still benefited of it, its not too late.. go for it, make money:)
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