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Bitcoin => Bitcoin Discussion => Topic started by: Obari on February 21, 2023, 07:48:14 AM



Title: Are there age limits to Bitcoin investment?
Post by: Obari on February 21, 2023, 07:48:14 AM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.


Title: Re: Are there age limits to Bitcoin investment?
Post by: mk4 on February 21, 2023, 07:57:52 AM
Nope. You can own bitcoin today just as you can own cash or physical cold today. It's just that centralized exchanges have age requirements so you probably need the help of an adult to be able to buy some.

As with stress and stuff, a young person can handle huge drops simply because a young person can afford to wait decades for his/her investment to go back up. Can't say the same for old folks.


Title: Re: Are there age limits to Bitcoin investment?
Post by: EarnOnVictor on February 21, 2023, 07:59:18 AM
It's the same thing as asking if there is an age limit for owning your assets and properties, there is certainly no age limit in Bitcoin investment. Both the young and old could participate, but they must be well informed about the investment before doing so.

However, this is applicable only to the core Bitcoin transaction whereby the privacy and anonymity of people below the age of 18 would be preserved. This could be done through the noncustodial wallet and decentralised exchanges. But if the investments are to be done with the custodial or the centralised exchange, KYC might be asked, and the legal underage would be restricted.


Title: Re: Are there age limits to Bitcoin investment?
Post by: crwth on February 21, 2023, 08:05:22 AM
The underaged should be guided with care and respect. The decision I think comes towards the parents of the child, knowing that they are going to let them pay or do something about their investing portfolio.

Personally, I would like my kids to know what Bitcoin is and what it could do for them and making sure that they are able to grasp the idea with how you could take advantage and the reason for having it in the first place. Maybe someday, you would never know, because if you had introduced them at an early age, you would be able to have a kid who can develop and improve Bitcoin as it is and know what type of applications could be done with it.

Make sure you know what you are doing so that you won't regret doing something in the first place.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Jawhead999 on February 21, 2023, 08:09:00 AM
Why it must be a minor with Bitcoin investment? there are a lot assets e.g. gold, stock, real estate etc and the fact a minor can buy those assets even though it's need an extra procedure where his parent need to verify if they allow his kids to do that. Similar like Bitcoin, it doesn't have any restriction too if you use decentralized exchange, you only need your bank account.

Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension
Not all elderly want to get paid with Bitcoin, there are many El Salvadorians old people complaining and refuse to get paid with Bitcoin.


Title: Re: Are there age limits to Bitcoin investment?
Post by: sunsilk on February 21, 2023, 08:10:21 AM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
I have no problem if kids as young as 10 being introduced to bitcoin. They're not being obliged to invest but it's an additional thought and knowledge to them to know bitcoin at a very young age.

In general of investing, there's no restriction of age on when they can start. As long as they're aware of the basics of it and they know what they do, that's the key to investing to any asset like bitcoin.

Anyone can invest as old as they can like Warren Buffett although it's a different case on him because he doesn't like bitcoin. But I'm talking about the general rule in investing that no age is really required on when you'll start and when you'll stop.


Title: Re: Are there age limits to Bitcoin investment?
Post by: BenCodie on February 21, 2023, 08:12:19 AM
It would be against Bitcoin's code (pun intended) to have an age limit. There's no reason to stun opportunity from the young, so if they dare try to join the ecosystem or hold BTC, let them!


Title: Re: Are there age limits to Bitcoin investment?
Post by: kro55 on February 21, 2023, 09:02:10 AM
After all, bitcoin is money, and everyone needs money no matter how big or small, so I think there is no age limit on investing or owning bitcoin. For young children or the elderly, we can recommend bitcoin to them but should let them choose, if they want bitcoin, start with them, and if they refuse, don't force them.

I want to emphasize about introducing bitcoin to children, we don't have to rush, let them fully realize life before introducing bitcoin to them, they have more to learn than bitcoin. The early introduction of bitcoins does not guarantee that they will become richer in the future.


Title: Re: Are there age limits to Bitcoin investment?
Post by: jayce on February 21, 2023, 09:14:13 AM
Unlike conventional and bank-related investments, there is no age limit for crypto investment especially bitcoin. But there is no point for kids to getting into bitcoin investment, especially at its current price. We might have heard some teenagers who somehow bought bitcoin and now being a millionaire, e.g. Erik Finman[1], which he bought 400 btc with the $1000 his grandmom gave to him at the age of 12. But imo, that's possible to happen for him because it's rare to see a kid gets $1000 even from his close relative such as parents or grandparents, unless if he is from wealthy family. It could be applied to elderly people as well, which the only thing they care is spending their retirement time peacefully and not getting into any complicated thing such as investments, except for those who still have to live their family. Even for the latest category, they would prefer to invest on short-term investment like opening a shop so they don't need to wait so long to get profit and obviously with less risk.



[1] https://www.investopedia.com/news/who-erik-finman-bitcoin-millionaire-teenager/


Title: Re: Are there age limits to Bitcoin investment?
Post by: Nwada001 on February 21, 2023, 09:39:24 AM
Ordinarily, Bitcoin is not under any government regulation or control, and as such, there is no limit to what age is enough to hold a bitcoin. If you have access to the internet, you are entitled to owning a bitcoin, no matter the amount. Currently, most parents purchase and store bitcoin for their infants. So if you have the money, no matter your age, just buy and hold—no age limit or restrictions.


Title: Re: Are there age limits to Bitcoin investment?
Post by: kryptqnick on February 21, 2023, 09:49:31 AM
I don't think small children should be concerned with investments, but I do think that an age of primary school is appropriate to start familiarizing a child with what money is, how it works, and what kind of money there can be. After all, kids often play games like Monopoly or apps that give them some tokens, which they can use in-game to purchase something or upgrade characters. So it's not entirely irrelevant. And in the light of discussing fiat, gold and other things, Bitcoin can also be mentioned as a kind of online money, but not the kind that a company or a country can control.
As for the elderly, these are adults, and unless a person is suffering from a severe cognitive impairment due to their age, I think it's totally fine to tell them about Bitcoin. Not to push them, but to tell them if they want to know something and at the level they are interesting to know of it. My older relatives who are in their late 70s roughly know about Bitcoin from me, although sometimes only at the level 'it's the Internet money', as some of them don't use laptops, smartphones or the Internet at all.
Bitcoin isn't just an investment, so it's okay to tell people about it in different ways.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Charles-Tim on February 21, 2023, 09:56:14 AM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
Who is going to restrict anyone? The government? Bitcoin is far more decentralized than the government to have that kind of control. Anyone can have bitcoin, you can buy it for your kids or anyone that you like.

I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
No restriction and you can follow the decentralized way.

Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
Very good if the elderly can understand and know what to do and what to avoid. For children, it is good, they can develop with it and when they grow they will know better even possible than you do.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Outhue on February 21, 2023, 09:57:50 AM
There should be age limit because its easier to lose your Bitcoin if its placed in the wrong hands, every kids get better with Fiat and they hardly lose their Fiat money, but to keep Bitcoin safe many lessons should be learnt first, this is why I believe that automatically there is age limit for who can acquire Bitcoin and safely keep them, so, Bitcoin is not for kids, also, not all adults want to get into Bitcoin because they find it too complex too understand, I am talking about older people that don't know how to even operate a smartphone.


Title: Re: Are there age limits to Bitcoin investment?
Post by: noorman0 on February 21, 2023, 09:58:11 AM
I don't think bitcoin investing is suitable for old age with some diagnoses of mental illness or heart attack. If any, it is highly recommended not to stare at the chart too often. Another concern is that in a certain old age range there may be a decline in memory, sensory function, or other aging factors that trigger asset security risks.

After all, it's a bit late to start any investment at old age unless it's to be inherited.


Title: Re: Are there age limits to Bitcoin investment?
Post by: John Abraham on February 21, 2023, 09:58:16 AM
Technically there are no age restrictions. But, If anyone wants to buy Bitcoins from centralized exchanges, You may have to submit KYC, and you must be 18 Years old at least (Not sure if any centralized exchange allows underage people). There shouldn't be any problem teaching kids with Bitcoins. They don't have to invest just to learn about Bitcoin. We learned many things in school, but we didn't do everything. My friend Completed his studies in commerce, and now he is a Tailor. Let them learn; one day, they will decide what to do.


Title: Re: Are there age limits to Bitcoin investment?
Post by: bitzizzix on February 21, 2023, 10:39:07 AM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
I don't know and to my knowledge children under 10 are not required to invest in bitcoin or anything, except in terms of saving and managing their finances wisely because that will educate them as teenagers when involved with bitcoin.
if it's just an introduction or teaching about bitcoin in my opinion it's important, but that doesn't mean it has to be an investment. Because kids have to keep learning and achieving to define decent jobs for them, and bitcoin is just a bridge to support them financially and economically ready for their journey and also their future and they can do it and we have to teach it as early as possible


Title: Re: Are there age limits to Bitcoin investment?
Post by: NotATether on February 21, 2023, 11:08:50 AM
Technically there are no age restrictions. But, If anyone wants to buy Bitcoins from centralized exchanges, You may have to submit KYC, and you must be 18 Years old at least (Not sure if any centralized exchange allows underage people). There shouldn't be any problem teaching kids with Bitcoins. They don't have to invest just to learn about Bitcoin. We learned many things in school, but we didn't do everything. My friend Completed his studies in commerce, and now he is a Tailor. Let them learn; one day, they will decide what to do.

Centralized exchanges are not banks and so they do not offer any savings accounts for kids.

I mean, why should they, anyway? Exchanges are already shady enough to just disappear overnight with everyone's money. Kinda defeats the idea of having a "savings account" you know.


Title: Re: Are there age limits to Bitcoin investment?
Post by: michellee on February 21, 2023, 11:44:47 AM
Introducing bitcoin to kids under 10 is okay as common knowledge for them. But to teach them to invest in bitcoin, maybe wait until they grow up before we can teach them about investing in bitcoin. If you want to teach them about investing in bitcoin early on, that's fine too, but kids that age are more likely to have fun playing than to focus on one thing.

If they are over 17 years old, you can provide more detailed information about bitcoin so they can start investing in bitcoin. Maybe some of these children have been able to earn their own money from their part-time jobs, so you have to direct them to prepare for their future.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Aanuoluwatofunmi on February 21, 2023, 12:28:18 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?

There's no age limit since this is unlike the centralized institutionizations that requires age for KYC and other regulatory purpose, bitcoin is a decentralized network and there's no age barrier, but we can as well adopt this for the sake of our up coming generations by investing with bitcoin for them to inherit, we can teach the young ones the basic foundations about bitcoin, wallet and blockchain.


Title: Re: Are there age limits to Bitcoin investment?
Post by: GideonGono on February 21, 2023, 12:32:47 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
Nope there is no age limit on crypto everyone is free to use it and due to it's anonymity we couldn't know about the people who are involved in it.
I know some people in crypto who has been around since their early teens year and now they have been successful.
It would all depends on how they handle it we all know that not everyone is made or build for investment.
For me age doesn't define them it is how they handle their investment it doesn't matter if their kids or elderly if they could handle it well then why should we complain and it is all their money.


Title: Re: Are there age limits to Bitcoin investment?
Post by: John Abraham on February 21, 2023, 12:38:47 PM
Centralized exchanges are not banks and so they do not offer any savings accounts for kids.

I mean, why should they, anyway? Exchanges are already shady enough to just disappear overnight with everyone's money. Kinda defeats the idea of having a "savings account" you know.

I know you know better than me. Exchanges are not designed for holding your money there. You don't have to hold your money there. So they don't have to offer savings accounts for anyone. But, Some exchanges offer to stake coins and get profit in returns. I use exchanges to trade coins. Sometimes I buy from, and sometimes I sell. But, I don't keep balance on the exchange. We all know what happened last year with FTX users. If someone is too strict about privacy, they shouldn't use exchanges. Not for even trades.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Bananington on February 21, 2023, 01:12:45 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
You are never too old to learn or be told about bitcoins, and not too young to know the name bitcoin and what it is. Someone can be too young to be forced into investing in bitcoins rather and too old like you have said, but bitcoins does not select by age. At any age where someone realizes the need to invest in bitcoins, bitcoins are available for them so long as they know how to handle and keep it safely. When a young or an old person is okay with investing, bitcoin is always ready to be invested in.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Smack That Ace on February 21, 2023, 01:51:51 PM
Introducing bitcoin to kids under 10 is okay as common knowledge for them. But to teach them to invest in bitcoin, maybe wait until they grow up before we can teach them about investing in bitcoin. If you want to teach them about investing in bitcoin early on, that's fine too, but kids that age are more likely to have fun playing than to focus on one thing.

If they are over 17 years old, you can provide more detailed information about bitcoin so they can start investing in bitcoin. Maybe some of these children have been able to earn their own money from their part-time jobs, so you have to direct them to prepare for their future.

For kids, we should consider introducing bitcoin once they reach a certain age, and I also agree that 17 years and up is reasonable. At that age, they have entered the independent stage, they should learn how to earn money to take care of themselves and shape their future. But for the elderly, there will be no limit, as long as they are lucid enough and like to receive new things, they can invest in bitcoin. Instead of saving, investing in bitcoin is also an enjoyable experience for the elderly.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Yatsan on February 21, 2023, 02:04:56 PM
Technically, there's none. But it has a responsibility on it. Engaging with investments at the early age for sure has its own limits. You'd be more often at edge of losing unlike with having a job at the right age wherein you'd atleast be able to endure losses on your investment. In any field of investment, there would always be risk present. Which is why it is always being reminded to us that we should only invest an amount we can afford losing simply because there's no certainty of profit especially to this industry wherein market prices of most crypto are too volatile. Ofcourse, knowledge into what you are engaging youself with, will always be needed to give you a start.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Woodie on February 21, 2023, 02:12:11 PM
No such thing as age restrictions with crypto investments, if anything the best investment for the young ones comes from the parents as the value of the coins could grow with them and be considered as the best inheritance wealth in the 21st century .

But in cases were a minor wants to buy these crypto assets themselves, this could be subjected to age restrictions because of some outlined regulations these businesses need to follow, and also minors are considered unfit to make sound judgement themselves and as a business you don't want such backfiring on you.



Title: Re: Are there age limits to Bitcoin investment?
Post by: Mate2237 on February 21, 2023, 02:51:45 PM
At that age the child might not understand the principles of bitcoin so let it be that the child should be taught what is bitcoin and and other peripheries. Children at this stage loves play more than anything,you can give them bitcoin cartoons to watch if there is any.
As for the elders let them invest on bitcoin so that their pension money that paid to them will be safe and increase in value. Therefore from the above two groups of people stated by the op have no restrictions in the invest of bitcoin at the age of 10 to 15 is even the best to invest so as their are growing up they would know more.


Title: Re: Are there age limits to Bitcoin investment?
Post by: SushiMonster on February 21, 2023, 02:57:04 PM
There is no one-size-fits-all answer to this question, as it depends on factors such as the individual's financial situation, risk tolerance, and investment goals. However, it is generally recommended that individuals should have a solid financial foundation and a basic understanding of investment concepts before investing.

Additionally, some investments may have age restrictions or require parental consent for minors. It is essential to do thorough research and seek the advice of a financial professional before making any investment decisions. That being said, some investment options are more suitable for individuals at different stages of life. For example, younger individuals may have a longer investment horizon. They can take on more risk for higher returns, while older individuals may want to prioritize preserving their capital and focus on more conservative investments. It is also essential to keep in mind that investing involves risks, and there is always the possibility of losing money. Therefore, having a diversified portfolio is necessary, not investing money you cannot afford to lose.

Teaching children about financial literacy and basic investment concepts, such as saving and budgeting, definitely sets their life. This can help set a strong foundation for their financial future and help them make informed decisions regarding managing their money. However, it is essential to tailor the information to their age and understanding level and make it engaging and interactive.

Many resources are available for teaching children about finance, such as books, games, and online tools. I have recently posted about books of it here, linked below.

https://bitcointalk.org/index.php?topic=5440081.msg61772803#msg61772803



Title: Re: Are there age limits to Bitcoin investment?
Post by: Majestic-milf on February 21, 2023, 03:08:38 PM
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
I don't think it's a bad idea introducing your kids to the world of Bitcoin. This reminds me of something I saw on social media where the dad was teaching his kids the stuff he was into ( I think a tech guru or something), ion know but the point I'm trying to make is, if they indicate interest, there's no harm in showing them provided the parent is there to guide them. Sometimes it may not necessarily mean they are the ones investing, more like giving them a little example on such things work; because if one sees it as stress, then it's the same thing as piling their brains with books, piano lessons and the rest.
 Sometimes, such things help the child to be financially independent as when they are older, other things come to play and they may not be too curious or interested.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Rockstarguy on February 21, 2023, 03:51:53 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.


Age matters when it comes to bitcoin investment. There are certain stage of life when the reasoning faculty will become indigent in human, these transpires in tender age and during old age, in these stage of life it is difficult to reason accurately.

Whatever that have value it is impossible for children at tender age and old people to handle it, so I do not think it is best for teens below 10 to be stressed to begin gaining knowledge of bitcoin investment, same thing goes to people of age too. Learning bitcoin investment should be at the age when one is capable of reasoning critically in handling of money,  appreciate and knows the value of money.

If in old age one is able to think well and have the strength to go for bitcoin investment I don't think it is bad, provided it is done in a way it is suppose to be done.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Hyphen(-) on February 21, 2023, 04:02:56 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
As long as there is a passion for Bitcoin investment, then there is no age limit to investment.

Quote
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
As you mentioned, Bitcoin is a volatile digital asset, so it is necessary to begin learning it early in order to master it as you grow up; this is the main reason why some parents who understand the importance of Bitcoin and want to guide their children into Bitcoin begin teaching them at a very young age so that they will grow up with the basic and intensive knowledge about Bitcoin.


Quote
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
Some of these old men did not have the opportunity to invest in Bitcoin while they were young, possibly because they did not have enough capital to begin the investment at the time, but their passion for Bitcoin is what prompted them to use their pension money to invest, and the majority of them are happy and do not regret their decision.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Rruchi man on February 21, 2023, 04:07:32 PM
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension...
Is there really any use for a very old person to be investing in bitcoins when they have already lived past the best years of their life? Any investment they choose to make at that point in their life for those who do, they are well aware that they may not be the ones who benefit from it. Others who do not have any one to invest for, their age has limited them from investing in bitcoins for themselves. That is if the situation even happens, because the very old at a certain age have only the concern to live peacefully till they die, they have already been through enough and really just need rest.



Title: Re: Are there age limits to Bitcoin investment?
Post by: uneng on February 21, 2023, 04:16:43 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
With proper guidance from parents and mentors I believe there is no issues or stress for kids when investing in bitcoin. Of course they won't be aware of everything, like a teenager and an adult would, but they can already become part of crypto environment, thinking on long term goals.

Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
It's hard to guide elders through bitcoin investment, because they aren't skilled on informatics matter and are usually very close minded to new concepts, but still possible to introduce them anyway, if a guidance measure is used, just like when introducing kids to bitcoin.

Important to keep in mind a lot of patience is needed when dealing with kids and elders, so it's not for everyone...


Title: Re: Are there age limits to Bitcoin investment?
Post by: thecodebear on February 21, 2023, 04:55:03 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.


Bitcoin is just money. You are asking if there are age limits to having money. No, of course there isn't. Anyone in the world of any age can own Bitcoin. It's an open global currency.


Title: Re: Are there age limits to Bitcoin investment?
Post by: jrrsparkles on February 21, 2023, 05:50:31 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
Not everyone is same, have you seen an interview about 12 year old kid who made one million dollar by content creation but not every 12 year old kids are not doing it so it just depends on where we are from and what goals we have so there is no age restrictions for investments as long as they know what they are doing. But I want to tell you about something which exists in most part of the world that is saving money by the parents since birth of a child and when they become adult it maybe helpful for their whatever needs.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Broadanbig on February 21, 2023, 06:03:59 PM
As the name appears, investment is a general phenomenon. It is made for all and sundry. There is no age factor as to who should invest or not. People invest for the future of their kids irrespective of their age. I agree with you that bitcoin or digital assets are highly volatile so will take a matured mind to comprehend the outcome of the market and as a risky investment it will take a certain level of strength to withstand what ever is the outcome of the digital market. Although children are very much fragile and not as strong to assimilate most things but  to some extent they can be able to recognize and know what you are teaching them do therefore it is not a bad thing to invest for them and for the elders as well they too already know what they are signing up for so I believe the volatility would not out them in any shock because before one venture into any business, they must have gotten enough knowledge of the business so therefore, I see no reason why the elders should not invest in bitcoin.


Title: Re: Are there age limits to Bitcoin investment?
Post by: indah rezqi on February 21, 2023, 06:05:18 PM
There is basically no age limit for investing, but a 0 month old baby is absolutely not expected to invest in bitcoin.
It can be a little annoying to ask something like this when you know that anyone of any age can invest in what they know is profitable. I don't think there's a limit even though they are too old when they do it, and generally the older you are the wiser in determining what your investment goals are.

My grandmother is over 80 years old, she knows gold is profitable investment asset and she always considers buying any amount she can afford. The purpose is predictable, it will only become an inheritance for his children later. And things like this can also be thought of by bitcoin investors who are over 60 years old.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Husires on February 21, 2023, 06:10:42 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?

If we are talking about Bitcoin as an investment, there is no age barrier, but knowledge. Unless you have sufficient knowledge and understanding of the risks of the investment that you are applying for, do not invest, and this includes:

  • Don't borrow to invest in bitcoin.
  • Don't invest money you can't lose.
  • Don't invest all your money in bitcoin.
  • Don't invest unless you understand the nature of investment.

If you mean as a financial transaction, children from the age of two learn how to use cash and some of them pay the store before entering school.


Title: Re: Are there age limits to Bitcoin investment?
Post by: raja9167 on February 21, 2023, 06:15:42 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
The minimum age requirement for investing in Bitcoin may vary depending on the country and the platform used for buying and selling cryptocurrencies. In some countries, the legal age for investing is 18 years old, while in others, it may be higher or lower. It is important to check the laws and regulations in your country and the terms and conditions of the platform you plan to use before investing in Bitcoin.
As for introducing children and the elderly to the crypto industry, it is important to consider their level of understanding and risk tolerance. Children who are not yet capable of making informed financial decisions should not be encouraged to invest in volatile digital assets like Bitcoin. Similarly, retirees who may have limited financial resources should be advised to focus on preserving their wealth rather than risking it in speculative investments.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Captain Corporate on February 21, 2023, 06:25:11 PM
Everyone is talking about the bare minimum, but nobody is talking about the maximum age. I mean think about it this way, would you consider 80+ year old people to invest much into bitcoin? Or even the fact that it could be hard for anyone above 60 age? All of those are terribly hard and the average person who is above 60 years old could end up being something that is a little bit difficult for them. That is why I have to say that it is not going to be a maximum age, and it means that we should be something a bit more like how we could say that the younger you are the better but the older you are the worse.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Zanab247 on February 21, 2023, 06:28:35 PM
I don't think there is age limit to BTC investment because, as long you have the knowledge of how to buy and hold  BTC to  watch the way the market price is moving and when to sell to make something good from the market show, there is no age limit in BTC investment. But those that are above 18 of age easy for them to understand BTC investment than the age 2 to 10 which will be difficult for them to enjoy profits like the way 18 years old investors are enjoying.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Iroh on February 21, 2023, 06:31:27 PM
There isn’t any age limits to having some bitcoin investments. Anyone could acquire to either hold or invest in bitcoin at any time. Bitcoin is all-encompassing.
I think it’s almost the same like having banks accounts with some fiat savings for your toddler kids. You as the parent is merely thinking of and planning ahead of the kids finances from an early stage which in theory is a good idea.
So with bitcoin, it’s open to everyone. Including kids if they’re up for it.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Easteregg69 on February 21, 2023, 06:43:34 PM
There isn’t any age limits to having some bitcoin investments. Anyone could acquire to either hold or invest in bitcoin at any time. Bitcoin is all-encompassing.
I think it’s almost the same like having banks accounts with some fiat savings for your toddler kids. You as the parent is merely thinking of and planning ahead of the kids finances from an early stage which in theory is a good idea.
So with bitcoin, it’s open to everyone. Including kids if they’re up for it.


Don't you ever sell is round up after 14 years.

Save some for the kids. New borns and such. Semisatoshis.

First comon is take what picks you. I go tell Richard the code is clean as a whistle.


Title: Re: Are there age limits to Bitcoin investment?
Post by: uchegod-21 on February 21, 2023, 06:48:37 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
A child I not supposed to invest in risky asset like Bitcoin. Infact anyone who doesn't make money or who cannot bear the consequences of losing money should not invest in bitcoin. For instance if the child is a student, they may likely use money for their school fees and invest in bitcoin which is very bad to the future of that child. Children shouldn't be bothered with what looks like gambling in a way because this bitcoin investment sometimes looks like gambling.


Title: Re: Are there age limits to Bitcoin investment?
Post by: JoyMarsha on February 21, 2023, 07:11:21 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
Bitcoin has no maximum age restriction. Age limits for investing in bitcoin only apply to individuals under the age of 18 who attempt to purchase bitcoin on a controlled exchange.

I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
There is no age restriction for educating people about bitcoin. Teaching children about bitcoin when they are young is a fantastic idea. I oppose advising people on how to invest in bitcoin on their own.

There needs to be a minimum age requirement for investing in bitcoin. You should wait till a child is of legal age before introducing them to bitcoin investing.


Title: Re: Are there age limits to Bitcoin investment?
Post by: goldkingcoiner on February 21, 2023, 07:42:48 PM
I think the answer is both yes and no.

If investing, then the child must use money it already owns. But the use of that money should be delegated to the parents as it is their responsibility to prevent the child from harming their financial situation.

Fiat money has to be earned. It cannot be "made" by anyone else other than the government. And of course the government prints fiat irresponsibly, damaging the economy of their country for rotten reasons.So the child must earn fiat. This is the biggest obstacle for the child as it is not allowed to work.

This is not the case with Bitcoin, however. The child, if it is smart and old enough, could technically mine the Bitcoin using their own computer. In this case, there is no labor and no risk of loss of additional, pre-owned money.

So I believe in this case the mined coin belongs 100% to the child and it should do with it as it wishes. And if the child loses the money, it will be an important life lesson and no harm done.


Title: Re: Are there age limits to Bitcoin investment?
Post by: RockBell on February 21, 2023, 07:50:17 PM
There is no minimum age requirement to invest in bitcoin, unlike gambling, which requires that you be at least 18 years old. However, trading requires a mature mind, and investing is not for the faint of heart. In my opinion, the age requirement for cryptocurrency should be 18 as well, since you need to learn how to control your emotions. And you actually need to involve your kids at least for emergency reasons and also send it for them for upkeep in their schools.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Mpamaegbu on February 21, 2023, 08:32:04 PM
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
I also think so too. I've come to realize that those who rush to introduce their kids to Bitcoin at a tender age do that just to sound "woke" and moving with the trend. I think anything below the ages of those kids being in High school is nothing but one misplacing one's priority. You can let them learn or read about Bitcoin but it's better to keep them away from the investment aspect of it. Kids should be allowed to enjoy their childhood and do playful things kids do. Investment isn't for kids. That's the terrain of adults.


Title: Re: Are there age limits to Bitcoin investment?
Post by: heslylamba on February 21, 2023, 09:02:46 PM
There are no age limits to Bitcoin investment. Bitcoin is for everyone.

I think children perceive it more as a game, they hardly take it seriously, but they learn to handle their funds from an early age. This is a good thing.

Elderly people are unlikely to do this for themselves, most likely for their children and grandchildren. Therefore, they have nowhere to hurry, they can invest in Bitcoin now, and their grandchildren will then be millionaires.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Issa56 on February 21, 2023, 09:17:35 PM
There is no age limit in bitcoin investment, anybody can invest but I don't think underage should be stressed about bitcoin investment, I think it's better if they focus on their education for now, they are still having lots to learn in their school, so I believe bitcoin shouldn't be their priority as a kid, if they are learning about bitcoin, it should just be the basics and you shouldn't even ask them to invest yet, just enlighten them about bitcoin alone, I think you are asking then to invest then you are trying to cause problem because I don't even know where they will get money to invest from.


Title: Re: Are there age limits to Bitcoin investment?
Post by: GeorgeJohn on February 21, 2023, 09:18:57 PM
Based on your subjects, i will like to tell you that in cryptocurrency investment theirs no age limitations in cryptocurrency, secondly what is necessary over cryptocurrency investment and especially bitcoin is the observation of the market and be able to comprehend the market determinates, let us just skip the age factor of investor's and concentrate on the experience you acquire towards Bitcoin.


Title: Re: Are there age limits to Bitcoin investment?
Post by: The Cryptovator on February 21, 2023, 10:07:30 PM
Decentralized world has no age restrictions, though. Therefore, we shouldn't push our children to become crypto enthusiasts. We can educate them gradually so they will be capable of becoming professionals once they are grown. These ought to be emphasized at first. In my opinion, you should start introducing Bitcoin to kids as a form of money at least when they begin to understand its value. Build their brain gradually, without exerting too much pressure. It wouldn't be good for them.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Fivestar4everMVP on February 21, 2023, 10:22:01 PM
Well, personally, I don't think its bad to introduce bitcoin to children, but for the underaged, like those who are 10 years old and below, it is my personal opinion that they should be allowed to face their studies, bitcoin is quite a complex subject on it's own and I personally think that involving a 10 years old child in this might course alot of distraction to the child academically, so I think it would be better if they are allowed atleast, get to teenage level, which I believe is from 12 years and above, by this end, their brain have developed to a capacity where it can easily learn and handle all the stress involved in knowing about bitcoin and also not allow that to affect their studies.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Cookdata on February 21, 2023, 11:22:57 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.


Personally, I dislike the idea of exposing child at early stage to anything financial exposure, it would tinder their head towards money at early stage but that doesn't mean I wouldn't educate them about bitcoin and how to be financially independent at early stage. As an adult, if have understood what bitcoin is all about at an early stage in my teen, it would help me grow independently with this nonsense society teach us. I saw a book about bitcoin for kids, those books are kind of things I would want 3/4 years child to be part of their reading books.

In addition, there is nothing bad if you secure bitcoin for your children at an early stage, but only you should hold it for them. not necessarily you even tell them about it that you have such precious gift for them under your care, it is your responsibility as parent to guide them how to hold their self when they come of age and when you think they are competent enough to financial stage so they don't end up spending it on candies and chocolate.  ;D


Title: Re: Are there age limits to Bitcoin investment?
Post by: Stedsm on February 21, 2023, 11:24:25 PM
No is the answer you'll hear from most, and there's nothing wrong with sharing about crypto and btc in general with your kids. It's like, you must know how much to share and how much should be kept secret till they become more capable to understand. And when it comes to sharing the same with the elderly ones, again you can go ahead but, without the need to ask/force them to invest part or full or their pension or savings in crypto and leave it to them to decide whether they're interested to invest in crypto or not. If they're eager, they'll ask you themselves and that's where you can let them know the steps ahead to be taken to carefully invest in crypto.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Smartvirus on February 21, 2023, 11:36:18 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
I don't think therr is anything wrong with that as, bitcoin has hot nothing to do with age. If children of 5years of age can use
Sophisticated electronic devices, they could as well do some addition, buy/sell and hodl and not much more. Yeah, they've hot some mental growth to do and how to handle finance is part of that. Children save fiat and so, it doesn't make much difference for them to save in bitcoin of they could handle it.

Quote
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
For them to invest, I don't see that for a bad idea too but, I would like to look at it from the side of having them familiar with this innovation. It's not uncommon that, crypto scammers somehow target the elderly, luring them with what ever scheme to get them pay them through bitcoin. Having them familiar with this could make them raise an eye brow or seek assistance and eventually evade scam.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Zorigi on February 21, 2023, 11:38:06 PM
In my opinion, there is no age limit for investing in bitcoin, while the children or parents are interested in investing in bitcoin, but for children, they must be guided by their parents when investing with the aim that they are not mistaken in buying bitcoin and so on.


Title: Re: Are there age limits to Bitcoin investment?
Post by: reagansimms on February 22, 2023, 02:55:09 AM
What if someone asks you, is there an age limit for studying?
The answer is of course no, regardless of age you can still study and also invest in Bitcoin. It has nothing to do with a person's age, when you want to invest in Bitcoin, you can do it at any time. It doesn't matter if you are 50+ years old, as long as you understand how Bitcoin works, you can still invest in Bitcoin until you are 70 years old.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Darker45 on February 22, 2023, 03:06:53 AM
Of course, there are no age limits in investing in Bitcoin, but just like in many decisions, age could be a big factor. At this point, Bitcoin won't easily just double or triple its price just like before. So if I am an old man dependent on my pension, I guess I wouldn't invest too much in Bitcoin. That could be more of a sacrifice than a way to make money and enjoy it while I'm still alive. But if you're an old man who wants to save and make money for the next generation, Bitcoin could be a good choice. On the other hand, if you're young, Bitcoin is a good investment choice because it's perfect as a long-term investment.


Title: Re: Are there age limits to Bitcoin investment?
Post by: BALIK on February 22, 2023, 04:04:57 AM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
A child I not supposed to invest in risky asset like Bitcoin. Infact anyone who doesn't make money or who cannot bear the consequences of losing money should not invest in bitcoin. For instance if the child is a student, they may likely use money for their school fees and invest in bitcoin which is very bad to the future of that child. Children shouldn't be bothered with what looks like gambling in a way because this bitcoin investment sometimes looks like gambling.

Indeed, investing in bitcoin needs to be of an appropriate age, children and people who have not earned money or are of school age should not know about bitcoin. The line between investment and gambling is skinny, even a small mistake can lead them to lose their way and fall into the gambling path. I think it is appropriate to teach bitcoin to children at the age of 16 or older, when they are mature enough and aware of the risks that life brings.


Title: Re: Are there age limits to Bitcoin investment?
Post by: yhiaali3 on February 22, 2023, 04:13:40 AM
As in any other investment, the investor in cryptocurrencies must have the qualities that make him qualified to make the right decisions, as well as be patient and bear the great psychological pressure as a result of entering into high-risk deals.

Therefore, in my opinion, this is not wise, yes, children and the elderly should not invest in cryptocurrencies because they carry a high risk, children are not able to make correct decisions regarding these large fluctuations, and the elderly can also be exposed to great psychological pressure that harms their health as a result of their loss sometimes .


Title: Re: Are there age limits to Bitcoin investment?
Post by: Uruhara on February 22, 2023, 05:40:42 AM
i can't say that there are no restrictions to invest in bitcoin.
Because actually everyone has their own limits that are influenced by certain conditions

1. like when you don't have a reserve fund, you only have hot funds that must be used for your daily needs. so if you are in this condition it means you have to limit yourself in investing in bitcoin. because you have to understand that investing in bitcoin has a high risk. and only suitable for using money that you really don't need right away (cold funds).

2. One can only invest in bitcoin if he/she already understands what the definition of investment is, and understands what bitcoin is and finally must also understand the risks that will be taken in investing in bitcoins. if you don't understand this. then that means you have to limit yourself not to invest in bitcoin and invest when you understand all of this.

and to understand about investment of course age is also the benchmark. like a child under the age of 9, of course you don't understand investing. and elderly parents who have experienced senility will no longer be able to invest. but the condition of the children and parents can invest if there is a person in charge or trusted guardian to take care of their finances.
many cases about this.

so the point is that the limit is a certain condition. like the example I mentioned. including age.


Title: Re: Are there age limits to Bitcoin investment?
Post by: crypticj on February 22, 2023, 05:49:16 AM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?

It is impossible to control bitcoin and there are no institutes for that, so yes, you can buy it at any age. Though if you will try to buy on some exchange, you can face age-related problems and you won't get verification.


Title: Re: Are there age limits to Bitcoin investment?
Post by: xSkylarx on February 22, 2023, 06:45:13 AM
There is no written age limit on Bitcoin, whether you are young or old. As long as you can read, write, and use the internet, then it's good, but you need to be mature enough or able to understand the risk that it brings to you, meaning you know you could lose all of your money as it is very risky. I've read a lot of threads about young children teaching bitcoin, which I am not opposed to as long as the child is open and able to understand the purpose of it, no matter the age, as there are young children who are mature enough to take this information and others who are not, so select those mature children that are really interested in it, not based on their age, as there are other teenagers who still want to play like children.


Title: Re: Are there age limits to Bitcoin investment?
Post by: lovesmayfamilis on February 22, 2023, 07:26:36 AM
Children do not have money that they can earn on their own. Therefore, learning about Bitcoin when the child is already approaching adolescence would be desirable, and with the understanding and desire of the child to try to invest in Bitcoin, they could use some of their pocket money. After all, everyone will surely agree that children should have money that they have the right to manage on their own. And subject to the full trust of parents, as well as assistance in acquiring a hardware wallet for a child, you can jointly participate in the education of your children. If you watch how easily children manage their cash, the ability to save at some points will only benefit them in the future.


Title: Re: Are there age limits to Bitcoin investment?
Post by: bettercrypto on February 22, 2023, 07:42:57 AM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.

I think, as long as he knows how to understand or understand what he is reading, he can enter this industry. And their learning about bitcoin should also come from you, not from other people who are willing to teach bitcoin because these two are different.

     I have seen many people who volunteered to share the beauty of the concept of bitcoin but those who were taught did not have the interest, passion, and determination to learn it, so the result was that the effort of the teacher was wasted even though the motive and intention were good.


Title: Re: Are there age limits to Bitcoin investment?
Post by: justdimin on February 22, 2023, 09:03:40 AM
As in any other investment, the investor in cryptocurrencies must have the qualities that make him qualified to make the right decisions, as well as be patient and bear the great psychological pressure as a result of entering into high-risk deals.

Therefore, in my opinion, this is not wise, yes, children and the elderly should not invest in cryptocurrencies because they carry a high risk, children are not able to make correct decisions regarding these large fluctuations, and the elderly can also be exposed to great psychological pressure that harms their health as a result of their loss sometimes .
Define "children" though? Are you talking about someone who is 7 years old, or 17 years old? If you are fine with people buying when they are teenagers, like they are in high school even if they are on their first year, then I agree with you, anyone in high school should be capable of investing and should learn investing one way or another plus they have a lot of time to wait, they are very young and they have decades to invest and should be fine.

However, if we are talking about even younger, I agree that it would require parental supervision to do anything, and how much could they even have? Anytime anyone is old enough to work, they are old enough to invest, and should invest for their future.


Title: Re: Are there age limits to Bitcoin investment?
Post by: laurenB7742 on February 22, 2023, 09:48:26 AM
As in any other investment, the investor in cryptocurrencies must have the qualities that make him qualified to make the right decisions, as well as be patient and bear the great psychological pressure as a result of entering into high-risk deals.

Therefore, in my opinion, this is not wise, yes, children and the elderly should not invest in cryptocurrencies because they carry a high risk, children are not able to make correct decisions regarding these large fluctuations, and the elderly can also be exposed to great psychological pressure that harms their health as a result of their loss sometimes .

As far as I know on this forum, there are some members who are 70-80 years old, and they say they have no problem investing in bitcoin. I think there is no age limit to investing in bitcoin, but only people who can make their own decisions and are willing to take all risks from their choices can invest in bitcoins. But I do not recommend introducing bitcoin too early to children, especially those under 15 years old. For them, education is still a priority, introducing bitcoin or teaching them to invest too soon will easily destroy their future.


Title: Re: Are there age limits to Bitcoin investment?
Post by: AnonBitCoiner on February 22, 2023, 12:00:22 PM
Age is not limited for the investment and trading in cryptocurrency but as the age is lower so the users will not have any experience related to the trading. those who are in teenage have active minds and by using their bright mind they properly manage the risk condition and also they utilize their abilities to cope with dangerous situations in cryptocurrency trading.

Users who are involved in crypto trading in lower age has the abilities to get ready for further improvement in trading and  has lots of time to recover their all loses.

But one Disadvantage of engaging in trading in lower age is that a teenage does not have patience so they don't think accordance with the conditions but they use their emotions.

Person should teach their kids in early ages for the successful future. If a person seeks in early ages then their will be lots of opportunities to get involved in trading and take benefit out of it.


Title: Re: Are there age limits to Bitcoin investment?
Post by: maydna on February 22, 2023, 01:57:58 PM
Everyone can invest in bitcoin, but it's even better if young people have started investing in it to prepare for their future. People who introduce bitcoin to their children under 10 have their reasons that doing it early helps them understand how bitcoin works. And they teach basic lessons about bitcoin and maybe a little knowledge about investing in it so that when they grow up, they can decide and continue to invest in it.

But maybe parents are waiting for their children to grow up, and then they will teach them about bitcoin and advise them to start investing in it from a young age. Today's young people need to be given an understanding that they are fully responsible when they grow up and have families later.


Title: Re: Are there age limits to Bitcoin investment?
Post by: nimogsm on February 22, 2023, 02:56:32 PM
I think there is absolutely no difference what age a person who is interested in investing in cryptocurrency is.It is important that there is a person nearby who can advise on all the issues that have arisen and help in the first stages.And everything else should already be done by the first person,because in my opinion investments are a very individual thing.For example,I would be glad if my children were interested in such investments and would ask me for advice.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Minecache on February 22, 2023, 03:15:52 PM
Everyone can invest in bitcoin, but it's even better if young people have started investing in it to prepare for their future. People who introduce bitcoin to their children under 10 have their reasons that doing it early helps them understand how bitcoin works. And they teach basic lessons about bitcoin and maybe a little knowledge about investing in it so that when they grow up, they can decide and continue to invest in it.

But maybe parents are waiting for their children to grow up, and then they will teach them about bitcoin and advise them to start investing in it from a young age. Today's young people need to be given an understanding that they are fully responsible when they grow up and have families later.

I don't quite agree with the idea of introducing investing to children under 10, even a little bit. Under 10 years old, at that age they are still very playful, we should not destroy their beautiful childhood. There are many good things in the outside world waiting for them to discover. Introducing investment or teaching your children to earn money too soon will distract them from their studies and easily commit theft when they have no money.

I will save bitcoins for my children and will teach them about bitcoin someday, but I will not advise or force them. I want them to choose according to their preferences.


Title: Re: Are there age limits to Bitcoin investment?
Post by: TheUltraElite on February 22, 2023, 03:37:14 PM
Maturity to invest is one thing and age limit is another thing. While there is no age limit to investing in a decentralized asset, there needs to be financial maturity to be able to make proper decisions and this does not come naturally. A background of investing in stocks, commodities, property can give a person an edge over others while investing in crypto.

I would not encourage kids to start investing in bitcoin, but their parents can start doing that if they are hopeful of the future of bitcoin, something like another forum member @BitcoinGirl.Club has done.

This is a tricky situation though, I would rather conservative about exposing young minds to a wild west section of the economy. Definitely needs a lot of maturity considering the number of possible scams going on here.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Nrcewker on February 22, 2023, 03:43:57 PM
Not specifying any age, but one who is investing in bitcoins, should know it’s value or atleast how Bitcoins works. Now if you just advice a 15 year old to invest in Bitcoins, then nothing can be expected in return, moreover he won’t have sufficient funds to invest in the coin. A person should only invest, when he/she is capable of managing its own expenses. There is no wrong if retired persons want to invest in Bitcoins. They want to do it for their children or whatever reasons, and it’s completely their will to go for it or not. Moreover no one just invests in Bitcoins or in any other asset just for hobby, they invest to make an extra income.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Raflesia on February 22, 2023, 03:58:55 PM
I think when talking about boundaries, of course there won't be any restrictions because anyone can do this, regardless of age or even gender.
It's just that in this case when talking about children it will obviously be a little different because they still can't manage it properly so there needs to be maturity and prior learning about it even though it can still be done but there must be supervision.
On the other hand, when talking about parents who have retired, for example, this is also possible, but in my opinion, instead of thinking about things that are more about finances, I think they need to enjoy, not invest in their age.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Dr.Bitcoin_Strange on February 22, 2023, 04:06:55 PM
OP, you are correct when you say that it is unnecessary because the children still need some mental growth, but it all depends on the age of the child and how the child is taught about Bitcoin, but as you most likely know, those children are still guided by their parents, who can equally invest on their behalf. Some months ago, I decided to teach my nephew about Bitcoin, but I also had some disagreements with the idea in this forum. Perhaps he is not my son, and I can't also take the full decision to invest in Bitcoin for him against the wishes of his parents. 

I think it's a personal decision for the old people who decide to invest their pension in Bitcoin. I wouldn't say it's not right because I believe they have their reasons for it; it may be an investment they wish to make for their grandchildren, or maybe they don't really have something meaningful to do with the money, or maybe they just want to try something new that they have heard about or that others are trying. Guy pappy 😂💗


Title: Re: Are there age limits to Bitcoin investment?
Post by: salad daging on February 22, 2023, 04:27:30 PM
As others have said there is no age limit for investing in bitcoin but why does it have to be children who make the definition, of course some exchanges will not allow it because you have to need an identity if you want to buy bitcoin there so for me children are still not worth it invest in high-risk bitcoins.

When parents teach bitcoin to their children, they need further guidance so that when they enter their teens and have an identity, they already understand how to invest in bitcoin. Another thing that many do is let children develop on their own without having to be forced to. invest moreover, he does not have income on his own.

I wouldn't do that unless he's an adult then it's necessary to teach them about bitcoin.


Title: Re: Are there age limits to Bitcoin investment?
Post by: pawanjain on February 22, 2023, 04:29:49 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.

Underaged children can't buy bitcoin by themselves and so there are some people who are giving it to them.
They must be making sure those children are utilizing their coins properly. If they don't then it's on them.

As for the elderly, they are wise enough to know what they are doing with their money.
So if they want to put it in bitcoin then it's their own choice. Bitcoin is for everyone to use.


Title: Re: Are there age limits to Bitcoin investment?
Post by: indah rezqi on February 22, 2023, 04:54:15 PM
For example,I would be glad if my children were interested in such investments and would ask me for advice.
Of course it's great when your child is sufficiently prepared to understand how money can make money. But if I were you, I think my main focus for them would be education instead of making money. There has to be a right time for them to understand how money works to make money, but as long as they have an education, leave them with the education.

I'm not talking about some artist's child who makes money on behalf of his father or his parents. They are more likely to have investments that their parents care about, and often they are more likely to earn than the average child.


Title: Re: Are there age limits to Bitcoin investment?
Post by: _musab-scorpion_ on February 22, 2023, 05:21:08 PM
Nope , there should not be any age restrictions because the childs aging below 10 years should get involved into crypto markets…childrens should also take experience of crypto so that when they become young and capable of investing in Bitcoin…they will be having a lot of experience


Title: Re: Are there age limits to Bitcoin investment?
Post by: Odusko on February 22, 2023, 07:18:59 PM
Bitcoin is a liberal asset and there is no age restrictions to its ownership, as long as the kid can handle the security challenges then the freedom to own bitcoin unless if they use a centralized exchange that will require 18+ for account verification, but as long as kid or adult can get a bitcoin wallet their free to own bitcoin under any privacy method.
But when it comes to financial education and management, young people should grow to a certain age before being thought of them to avoid pressure on their brains that needs development at that age.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Inwestour on February 22, 2023, 07:19:11 PM
Children often save their pocket money for something they are interested in, buying a smartphone if they don't already have one, or maybe a bicycle, because they can't yet appreciate some long-term investment, for them it will be boring and perhaps pointless.

For them, this will be clear in adolescence, when they will more clearly understand what they want to achieve in this life, although I remember myself as a teenager and no one spoke to me about this, so I really did not understand what I want to achieve, I just learning and playing with friends.

Therefore, explaining to a teenager the elementary financial basics so that he understands what is needed is very important, and of course it is important to tell him about bitcoin, maybe he will like this idea.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Alisha-k on February 22, 2023, 07:56:21 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
it is generally agreed that age is only but a number and ive grown to totally agree with that, if a guardian considers their child's ability to be worth the strain, then it's a go but under strict supervision and with restrictions.
As for the retirees, why not??
They're so many who are retired but not tired those sets of persons who's brains are still active can still invest in Bitcoin, wealth is insatiable you know and if there's a means to keep getting more, please do, that's you making your generations path less stressful than yours.

Afterall, Bitcoin isn't centralized and without barriers as regards who to and who not to get the knowledge, trade and invest.


Title: Re: Are there age limits to Bitcoin investment?
Post by: coupable on February 22, 2023, 10:58:13 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?

It is impossible to control bitcoin and there are no institutes for that, so yes, you can buy it at any age. Though if you will try to buy on some exchange, you can face age-related problems and you won't get verification.
There is absolutely nothing to prevent any child from using mobile applications, so it will not be difficult to guide them to learn the basics. This can be easily done using bitcoin test network for learning purposes only. Of course, children will always be under the supervision of someone older than them, and thus they cannot register on the platforms or take investment decisions.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Godday on February 22, 2023, 11:17:05 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
Nope.  Bitcoin is an investment asset that can be accessed by all ages.  But if we talk about regulations in each country, it is indeed a thing that needs to be done by a cryptocurrency trading company to make age verification.  Because there are legal boundaries between children and adults.  So if we talk about owning Bitcoin, there is no age limit.  But if we talk about state regulations, then cryptocurrency trading companies must make clear regulations regarding people who trade cryptocurrencies.


Title: Re: Are there age limits to Bitcoin investment?
Post by: blockman on February 22, 2023, 11:25:53 PM
I guess the thread has served its purpose by seeing the majority say no and even I would also say no. There's no limit or age requirement for someone who wants to invest in bitcoin.
The government can ban its usage of it but everyone can still look after it and have their own investments by buying it even if there's a restriction from the government. But if there's even a ban, the restriction would only lead for it being decentralized and not having an age-related matter to stop people from buying it.


Title: Re: Are there age limits to Bitcoin investment?
Post by: 2double0 on February 22, 2023, 11:32:10 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?

I have not seen any age restrictions to date to own Bitcoin. However, there are some exchanges that do your KYC to know that you are of legal age to trade.

Quote
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.

If you share it as a way of knowledge to them, they will learn something new. There is no need to discuss the financial aspects of btc because that will draw the mind of your children to 'gamble' with your money in case they need it but you deny to give it to them, especially the greedy kids need too much care to be kept away from trading aspect of crypto till they become mentally prepared to face that situation.

Quote
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.

The retired people should take care of their life with the money left with them because in today's world, even your own son may kick you out any day and you will suffer without money. Investing in crypto at that age is for those who have enough left on their hands and want to gift their grandchildren with some crypto later when they grow bigger.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Fara Chan on February 22, 2023, 11:52:37 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?

Overall no, investing in Bitcoin does not require age, but what you need to worry about is with children who are underage, this can be handled it's just that they need someone's guidance as a right path straightener for him, either family or someone who is able to provide full understanding of Bitcoin. what is demanded of them is only daring in overcoming the process of running the market.


Title: Re: Are there age limits to Bitcoin investment?
Post by: bounceback on February 23, 2023, 10:07:07 AM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Have you ever heard the saying "plant as early as possible, then you will get results in old age" like investing in bitcoin if we teach investing to children who are 10 years old and when children grow up to be more mature then they will definitely get a large amount of return from investing in bitcoin them, especially if these kids are able to hold bitcoin for a long term, let's say hold it for a period of 8 years while waiting for them to turn 18, then they won't miss the two bull market periods that usually happen every 4 years after the bitcoin halving.


Title: Re: Are there age limits to Bitcoin investment?
Post by: maydna on February 23, 2023, 10:22:58 AM
Everyone can invest in bitcoin, but it's even better if young people have started investing in it to prepare for their future. People who introduce bitcoin to their children under 10 have their reasons that doing it early helps them understand how bitcoin works. And they teach basic lessons about bitcoin and maybe a little knowledge about investing in it so that when they grow up, they can decide and continue to invest in it.

But maybe parents are waiting for their children to grow up, and then they will teach them about bitcoin and advise them to start investing in it from a young age. Today's young people need to be given an understanding that they are fully responsible when they grow up and have families later.

I don't quite agree with the idea of introducing investing to children under 10, even a little bit. Under 10 years old, at that age they are still very playful, we should not destroy their beautiful childhood. There are many good things in the outside world waiting for them to discover. Introducing investment or teaching your children to earn money too soon will distract them from their studies and easily commit theft when they have no money.

I will save bitcoins for my children and will teach them about bitcoin someday, but I will not advise or force them. I want them to choose according to their preferences.
It's okay if you disagree because I realize that in teaching a child, we must have our own methods that will never be the same, and we will also choose a method that is acceptable to our children. Teaching our children what they need to know at their age will help their understanding, and as they mature, they can learn more, and maybe at that time, we can teach them about investing in bitcoin.

I also choose to keep the bitcoins for my kids and teach them how to use bitcoins properly, so they don't get into trouble with fraud. They also have to choose whether to invest in bitcoin or something else.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Inwestour on February 23, 2023, 10:47:35 AM
It's okay if you disagree because I realize that in teaching a child, we must have our own methods that will never be the same, and we will also choose a method that is acceptable to our children. Teaching our children what they need to know at their age will help their understanding, and as they mature, they can learn more, and maybe at that time, we can teach them about investing in bitcoin.

I also choose to keep the bitcoins for my kids and teach them how to use bitcoins properly, so they don't get into trouble with fraud. They also have to choose whether to invest in bitcoin or something else.
Children need to explain everything related to safety before teaching them to invest in bitcoin. But I will admit that not everyone can like this idea, in the end there are many people who consider such an investment too risky to them.

Therefore, we must clarify all the advantages and risks associated with cryptocurrencies, and give the opportunity to decide whether to invest in bitcoin or not. In any case, it is important to teach children a digital hygiene so that they can recognize where danger can wait for them. If I leave my bitcoins to my children, I want to be sure that they will be able to hold them safe.


Title: Re: Are there age limits to Bitcoin investment?
Post by: nurilham on February 23, 2023, 10:50:58 AM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
As far as I know, there is no restriction for investors' ages on Bitcoin. Everyone has the right to invest in Bitcoin, whether young people or old people. If someone can buy/sell Bitcoin and has the ability to store it on the wallet, he/she can invest in Bitcoin. However, it is better to have sufficient knowledge about Bitcoin and crypto market first before someone begins to invest in Bitcoin.

I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Not everyone wants their children to invest in Bitcoin, especially for underaged children. Most people prefer to tell Bitcoin when their children have been mature enough. Even, a few people don't want to introduce Bitcoin to their children. They only tell Bitcoin if their children ask them and are interested in Bitcoin. So, you can't generalize that people introduce their children about Bitcoin investment.



Title: Re: Are there age limits to Bitcoin investment?
Post by: BitcoinGirl.Club on February 23, 2023, 11:38:37 AM
I would not encourage kids to start investing in bitcoin, but their parents can start doing that if they are hopeful of the future of bitcoin, something like another forum member @BitcoinGirl.Club has done.
My girl is still too young to understand anything. But when she will start to learn things like say after 16, I will share her the information. Guide her to internet security, how to keep device safe from hackers, how to keep digital asset (bitcoin) safe and all sorts of things. In the mean time I will also start sharing wallet seed information and will introduce her how they are kept safe and why? If I live then a lot of things for her to learn for coin management and security.

It's not that kids are not encouraged to save but they need supervision from their parents until they are capable to perform things by their own.

It amazed me someone still have it in mind. Something from that time must made a permanent memory for you @TheUltraElite?


Title: Re: Are there age limits to Bitcoin investment?
Post by: macson on February 23, 2023, 12:02:19 PM
snip
Nope.  Bitcoin is an investment asset that can be accessed by all ages.  But if we talk about regulations in each country, it is indeed a thing that needs to be done by a cryptocurrency trading company to make age verification.  Because there are legal boundaries between children and adults.  So if we talk about owning Bitcoin, there is no age limit.  But if we talk about state regulations, then cryptocurrency trading companies must make clear regulations regarding people who trade cryptocurrencies.
In many countries, the governments in their respective regions set age limit rules for those who fall into the category of children, youth, adults, and the elderly.  children are still in the playing stage while teenagers are in the student category, although there is no age limit for investing in bitcoin, children and youth still do not have personal money to invest in bitcoin, so KYC is something that is implemented by exchanges.


Title: Re: Are there age limits to Bitcoin investment?
Post by: LogitechMouse on February 23, 2023, 12:36:29 PM
No, but kids should be guided by their parents when it comes to their investment especially with Bitcoin because we know how risky it is.

Right now, I'm saving a small amount of Bitcoin for the future (of my child). I already promised to myself that I will gradually teach him/her things regarding finance as he grows up, so that when he/she becomes an adult or at least a teenager, he/she is equipped with knowledge already that is related to finance and at that time investing as well.

Kids as far as I know can be taught at least how to save their money and as they grow up, somebody must teach them more about finance and investing.


Title: Re: Are there age limits to Bitcoin investment?
Post by: G_Besar on February 23, 2023, 01:10:45 PM
Nope.  Bitcoin is an investment asset that can be accessed by all ages.  But if we talk about regulations in each country, it is indeed a thing that needs to be done by a cryptocurrency trading company to make age verification.  Because there are legal boundaries between children and adults.  So if we talk about owning Bitcoin, there is no age limit.  But if we talk about state regulations, then cryptocurrency trading companies must make clear regulations regarding people who trade cryptocurrencies.
Even though Bitcoin does not limit a person's age in owning Bitcoin, I personally will never involve children at an early age for Bitcoin things even though it is not written in the rules of owning Bitcoin itself. But if we see that there are children who understand Bitcoin and understand how to store it and how to exchange it on the exchange, there is nothing wrong with letting him get involved in cryptocurrency and Bitcoin even though he is still very young.


Title: Re: Are there age limits to Bitcoin investment?
Post by: TheUltraElite on February 23, 2023, 02:12:28 PM
Overall no, investing in Bitcoin does not require age, but what you need to worry about is with children who are underage, this can be handled it's just that they need someone's guidance as a right path straightener for him, either family or someone who is able to provide full understanding of Bitcoin. what is demanded of them is only daring in overcoming the process of running the market.
This is correct, children should not be exposed to the market which demands a lot of deviousness from its trader. Children should see the good things in life and gradually understand what is bad for them and how to tackle those. If they show interest in speculative trading we can introduce these markets to them but the effect should be monitored carefully.

Difficulty in coping with the market pressure or having a gambling tendency should immediately lead to stopping of all sorts of trading activity. Guidance is important here and the best guide is the parent who knows their kid from inside out.

It amazed me someone still have it in mind. Something from that time must made a permanent memory for you @TheUltraElite?
The change in username, I forgot what your old one was and used this context to remind myself of it.  8)


Title: Re: Are there age limits to Bitcoin investment?
Post by: Iranus on February 23, 2023, 03:12:16 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Have you ever heard the saying "plant as early as possible, then you will get results in old age" like investing in bitcoin if we teach investing to children who are 10 years old and when children grow up to be more mature then they will definitely get a large amount of return from investing in bitcoin them, especially if these kids are able to hold bitcoin for a long term, let's say hold it for a period of 8 years while waiting for them to turn 18, then they won't miss the two bull market periods that usually happen every 4 years after the bitcoin halving.

Teach bitcoin to children as well as early adopters of bitcoin, many of whom became rich by investing in bitcoin early on. I also support bitcoin education for our children, but we need to monitor them closely because once they know bitcoin can be profitable, they will easily get addicted to it or use it for gambling purposes.
Educating children is a tough thing, we need to be patient and spend a lot of time with our children, otherwise, it will be very easy to leave unpredictable consequences.


Title: Re: Are there age limits to Bitcoin investment?
Post by: ChiBitCTy on February 23, 2023, 05:57:13 PM
As some others have explained, bitcoin is inherently NOT an investment, so unlike when a minor wants to go open up and account on say something like TD Ameritrade or E-Trade, they've got to be 18 years of age.  Bitcoin, is an electronic payment system and in my opinion that's its best feature, being used to make payments.  It would be pretty silly for anyone to put age limits on using "money".  So thankfully no, there is not an age limit.


Title: Re: Are there age limits to Bitcoin investment?
Post by: panganib999 on February 23, 2023, 07:20:38 PM
I don't really believe in any age ceiling (well except if you're senile) in investing in Cryptocurrency. Although I do believe there has to be sufficient knowledge before you invest in crypto or with anything else really. In that regard, I see people as early as 10 investing in cryptocurrency and teaching themselves on how to be financially independent, which is good. So this just solidifies the fact that there's no age ceiling nor age floor that defines when a person should start investing. As long as you have sufficient knowledge about the industry you want to put your money on, you could tank the losses, and you don't have any other issues with investing, you should be good to go.


Title: Re: Are there age limits to Bitcoin investment?
Post by: nimogsm on February 23, 2023, 07:58:17 PM
For example,I would be glad if my children were interested in such investments and would ask me for advice.
Of course it's great when your child is sufficiently prepared to understand how money can make money. But if I were you, I think my main focus for them would be education instead of making money. There has to be a right time for them to understand how money works to make money, but as long as they have an education, leave them with the education.

I'm not talking about some artist's child who makes money on behalf of his father or his parents. They are more likely to have investments that their parents care about, and often they are more likely to earn than the average child.
I absolutely agree with you and you are 100% right. The first stage is of course education.Only when they are at a conscious age and I really understand that there is a sincere interest, then I am ready to help.Specifically, I will not bother them with studying cryptocurrencies, there is generally a big chance that they will not be interested in it)


Title: Re: Are there age limits to Bitcoin investment?
Post by: serveria.com on February 23, 2023, 08:12:18 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.

I really don't think there should be any limitations. Bitcoin is for everyone, it doesn't care how old are you, what color is your skin, sexual preferences, social status, religion etc etc etc FIAT world is full of limitations, penalties, fees - people are sick and tired of it. Every time someone mentions introducing any limits in Bitcoin world, it reminds me of that Bitcoin CEO meme...  ::)


Title: Re: Are there age limits to Bitcoin investment?
Post by: famososMuertos on February 23, 2023, 08:16:58 PM
Well!  There are worries in this life always, no matter the age, so let's not Bitcoin complicated, it's simple, Buy, sell, hold.  

The volatility for a child or adolescent is not greater than playing online games or being bullied and in the case of the elderly there are concerns about the use of Viagra.(e.g.)

 There is a very notorious case, by the way if it was already named, I'm sorry.  Anyway, a grandmother gave her grandson $1000 and he invested it in bitcoin, so, he was one of the youngest millionaires.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Raflesia on February 23, 2023, 08:56:30 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Have you ever heard the saying "plant as early as possible, then you will get results in old age" like investing in bitcoin if we teach investing to children who are 10 years old and when children grow up to be more mature then they will definitely get a large amount of return from investing in bitcoin them, especially if these kids are able to hold bitcoin for a long term, let's say hold it for a period of 8 years while waiting for them to turn 18, then they won't miss the two bull market periods that usually happen every 4 years after the bitcoin halving.
Teaching is indeed one of the best things to do but providing direct access with the aim of getting him directly invested at such a young age obviously becomes a bit difficult.
I personally feel that when I'm under 15 years old it's still very risky to be asked to go directly into investing even though it can be a big risk, different from when I only teach and always monitor and give myself full access when it's over.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Oilacris on February 23, 2023, 09:51:52 PM
Well!  There are worries in this life always, no matter the age, so let's not Bitcoin complicated, it's simple, Buy, sell, hold.  

The volatility for a child or adolescent is not greater than playing online games or being bullied and in the case of the elderly there are concerns about the use of Viagra.(e.g.)

 There is a very notorious case, by the way if it was already named, I'm sorry.  Anyway, a grandmother gave her grandson $1000 and he invested it in bitcoin, so, he was one of the youngest millionaires.
It wont really be mattering on what age does a certain individual would decide on buying it out.Its free for all to make buys as long you are aware on what it is and you do have the money
to spend on then this is where people could really own some satoshis or whole coins. Age limits? there's no such thing because its not something that requires something for you
to accumulate.This is why it is really that ideal that you should accumulate and buy Bitcoin when you are really that having the extra money.You shouldn't all in plus
into those young fellas around tending to invest then they would really be that having that small buys which is understandable.


Title: Re: Are there age limits to Bitcoin investment?
Post by: serjent05 on February 23, 2023, 10:13:05 PM
Since Bitcoin is not moderated or associated with any company, anyone who has access to it can buy Bitcoin regardless of age.  Anyone who wanted to spend money to buy Bitcoin can be able to do it as long as there are people willing to part with their Bitcoin in an agreed price.  I think Kids if has a way to buy Bitcoin without undergoing any regulation can also buy Bitcoin.  So I think there is no age limit for Bitcoin investment as long as they have the capability to buy Bitcoin.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Oceat on February 23, 2023, 10:59:23 PM
As far as we are talking about investment then there are no age-limit as to someone that wants to own a Bitcoin. But for the other physical asset you might have a little problem if you are too young to own something and it's definitely someone on your family should be in control of that yet before you.

Why did you ask this kind of question as if someone would stop you if ever a child decide to buy Bitcoin? It's not that someone has a full control of Bitcoin that they can't buy it since everyone is allowed to buy Bitcoin as long as they know what they are doing.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Bushdark on February 23, 2023, 11:45:53 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
Nothing like age limit to Bitcoin investment. What you need to know is how to make sure that your wallet is safe from intruders who might want to deprive you of what you have. Bitcoin is a digital money and also a form of investment since the price is very volatile.
The price of Bitcoin can move to any direction any time so you will need to be prepared for the worse for you to be a Bitcoin investor. The market is bear and is is a good time for us to try and get some holdings because we don't know what will happen soon to the market. You can buy Bitcoin for our little ones and help to keep there keys from intruders.


Title: Re: Are there age limits to Bitcoin investment?
Post by: yudi09 on February 24, 2023, 06:39:46 AM
Even though Bitcoin does not limit a person's age in owning Bitcoin, I personally will never involve children at an early age for Bitcoin things even though it is not written in the rules of owning Bitcoin itself. But if we see that there are children who understand Bitcoin and understand how to store it and how to exchange it on the exchange, there is nothing wrong with letting him get involved in cryptocurrency and Bitcoin even though he is still very young.
If there are children who are under 16 years old but already understand Bitcoin and how to utilize internet security, my guess is that these children have an IQ above average and need special guidance.

It is true that so far there is no age-limiting provision in terms of Bitcoin ownership, but guiding children who are entering their golden age is very necessary considering the swift flow of the internet that is unstoppable. If at that time we are able to guide internet security, it is not surprising that when the child's teenage years will easily understand when we teach about Bitcoin.


Title: Re: Are there age limits to Bitcoin investment?
Post by: danadc on February 24, 2023, 09:41:23 PM
I say something, if there are no age limits for a child to enter and have a beer in a bar, why should there be age restrictions? something that generates a lot of money is something that doesn't have to have any problem, since I was a child I always tried to save money, why can't children save in bitcoin? That would make them a great future, they wouldn't have to worry about anything because they would have how to buy everything, that's worth it, there shouldn't be any type of restriction, I base it on my case when I was a child.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Ziskinberg on February 24, 2023, 10:21:39 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
Teaching young age like you have said OP is not like we are giving them responsibility but that is just a sort of crypto education. Of course, it was hard for them to adapt and understand the situation because they are not yet ready for this big responsibility. I can't pinpoint the best age to start investing in Bitcoin but as long as a person is mature enough to make decisions and can handle the stress, then is capable enough to do this. In fact, some young age had already made business which is also similar when it talks to investing. It is just how they are focused on their life to improve and it doesn't matter about your age but the wants.


Title: Re: Are there age limits to Bitcoin investment?
Post by: AmoreJaz on February 24, 2023, 10:25:29 PM
I say something, if there are no age limits for a child to enter and have a beer in a bar, why should there be age restrictions? something that generates a lot of money is something that doesn't have to have any problem, since I was a child I always tried to save money, why can't children save in bitcoin? That would make them a great future, they wouldn't have to worry about anything because they would have how to buy everything, that's worth it, there shouldn't be any type of restriction, I base it on my case when I was a child.


in my opinion, there is no age restrictions when it comes to bitcoin or crypto market in general. as long as the person involve is not getting forced to learn and invest on this market. it should be their own free will so learning is voluntary. but if you forcefully give it to your kid, then, yeah, it may be traumatic to the kid as he doesn't want it and may end up hating this market.
even older generation is free to participate in this market, so long they understand the risk and also willing to learn the ins and outs of this market. for me, there's no problem with anyone willing to get involve in this industry.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Helena Simmons on February 25, 2023, 10:15:08 AM
There are technically no age restrictions for trading or mining in cryptocurrencies – although established sites such as Coinbase and Paypal require users to be at least 18. However, anyone of any age can mine for cryptocurrency. Like #sports, it has no limit for holders! In detail, as for fans, the #SportsCollective platform provides them with the “once of a lifetime” experience of holding unique NFT pieces curated by their favorite athletes.


Title: Re: Are there age limits to Bitcoin investment?
Post by: xSkylarx on February 25, 2023, 10:29:10 AM
I say something, if there are no age limits for a child to enter and have a beer in a bar, why should there be age restrictions? something that generates a lot of money is something that doesn't have to have any problem, since I was a child I always tried to save money, why can't children save in bitcoin? That would make them a great future, they wouldn't have to worry about anything because they would have how to buy everything, that's worth it, there shouldn't be any type of restriction, I base it on my case when I was a child.

There restrictions but not implemented. I would say no one is stopping minors to go to bar same with bitcoin no one is stopping even you are very young to buy or invest in bitcoin as long as you know what you are doing. Also bitcoin was made as a payment method and also now as an investment unless you are just buying bitcoin just to gamble but again no one is stopping you. It is best if those young people who got interested in financial aspects would try to know bitcoin to fulfill their curiousity


Title: Re: Are there age limits to Bitcoin investment?
Post by: Wind_FURY on February 25, 2023, 11:35:34 AM
I believe OP is confused between gambling with Bitcoin through day-trading/taking risks to take advantage of its volatility, AND actual Bitcoin, the censorship-resistant cryptocurrency/the decentralized network/the multi-generational protocol, which is probably the greatest break-through of the 21st Century.

OP, there are age limits to gambling, but there's no age limits to HODLing. Is there an age limit to HODL fiat? No. Although there's an age limit to gambling with fiat.


Title: Re: Are there age limits to Bitcoin investment?
Post by: hyudien on February 25, 2023, 11:48:28 AM
You forgot the essence of teaching Bitcoin to kids. They are given material or learning about Bitcoin, that doesn't mean they have to interact directly with buying and selling or investing since childhood. It's all just for the purpose of introducing it so that later when they grow up they will be familiar with the name Bitcoin.

Don't jump to conclusions before knowing what you want to say. Bitcoin learning is good for all ages. it doesn't matter if you are young, old or even a kid. This is because the portion to be absorbed also varies according to its growth characteristics.

Whether it is stressful or not depends on the person delivering it, because the psychology of early childhood growth definitely uses pragmatic tools such as objects around and gives the Bitcoin logo. So personally I don't mind giving that kind of learning. Isn't a successful teacher when he is able to convey abstract material in simple language and way.


Title: Re: Are there age limits to Bitcoin investment?
Post by: BTCBroker2016 on February 25, 2023, 01:55:02 PM
It is all simple. If there is KYS you have to be over 18. But I think there is no poit to enter it if you already retired and would not hold for a long time


Title: Re: Are there age limits to Bitcoin investment?
Post by: Taskford on February 25, 2023, 02:06:01 PM
It is all simple. If there is KYS you have to be over 18. But I think there is no poit to enter it if you already retired and would not hold for a long time

Exactly because you will be in trouble providing necessary documents if you are a minor. But this can be bypass as other minors use their legal age relatives to do Kyc so that they can continue to use bitcoin and can cashout anytime they want.

Also the problem upon investing at your retirement is maybe you cannot enjoy your investment since anytime could happen bad to you and you cannot enjoy this. Also more worst situation is this might lead you to huge health risk especially if the market collapsed and you cannot take what happen to your investment.


Title: Re: Are there age limits to Bitcoin investment?
Post by: summonerrk on February 25, 2023, 06:40:18 PM
Young people are interested in bitcoin, while experienced ones remain in cryptocurrencies. That is, there are more and more crypto enthusiasts. There will be a moment when we will grow old, and it will turn out that All Generations will be familiar with cryptocurrencies. This pleases me.
Should I teach children what the meaning of cryptocurrencies is?
Definitely YES.
The fact is that each generation is smarter than the previous one to new technologies. What we could not imagine modern children see and study every day. But you will be able to successfully convey the idea of blockchain to them only if they know the theory of investments and compound interest. In a word, they will be economically educated.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Oneandpure on February 25, 2023, 09:05:08 PM
Although reputable sites like Coinbase and Paypal require users to be at least 18 years old, there are theoretically no age restrictions for trading or mining cryptocurrencies. But anyone, regardless of age, can harvest cryptocurrencies.

And as always, it's a good idea to make sure you understand what you're investing in. If you're not ready to put a large amount of money at risk, you can start small and still get a good grasp for how the process works. Many crypto exchanges have minimum purchases of $10 or less.

To buy Bitcoin or any cryptocurrency, you'll need a crypto exchange where buyers and sellers meet to exchange dollars for coins. There are scores of exchanges out there, but as a beginner, you'll want to opt for one that balances ease of use with low fees and high security
Several exchange with KYC rule need for user have pass above 18 years old and my government rule the people under 18 years old not possibility having document ID and they can't upload for passing KYC. I think many exchange still not required with KYC and potential for investors under 18 years old active for investing or trading and there are not age limit to invest in Bitcoin.

Binance have minimum purchases 10$ between trading or withdrawing fund, I think still available for people under 18 years old investing in Bitcoin trough small amount invested in daily day or weekly.


Title: Re: Are there age limits to Bitcoin investment?
Post by: romero121 on February 25, 2023, 10:42:11 PM
Although reputable sites like Coinbase and Paypal require users to be at least 18 years old, there are theoretically no age restrictions for trading or mining cryptocurrencies. But anyone, regardless of age, can harvest cryptocurrencies.

And as always, it's a good idea to make sure you understand what you're investing in. If you're not ready to put a large amount of money at risk, you can start small and still get a good grasp for how the process works. Many crypto exchanges have minimum purchases of $10 or less.

To buy Bitcoin or any cryptocurrency, you'll need a crypto exchange where buyers and sellers meet to exchange dollars for coins. There are scores of exchanges out there, but as a beginner, you'll want to opt for one that balances ease of use with low fees and high security
Several exchange with KYC rule need for user have pass above 18 years old and my government rule the people under 18 years old not possibility having document ID and they can't upload for passing KYC. I think many exchange still not required with KYC and potential for investors under 18 years old active for investing or trading and there are not age limit to invest in Bitcoin.

Binance have minimum purchases 10$ between trading or withdrawing fund, I think still available for people under 18 years old investing in Bitcoin trough small amount invested in daily day or weekly.
The choice of buying is possible only through exchanges. Apart, if the underaged person is able to find a trader with good reputation on the forum willing to sell cryptocurrency then it is possible to overcome the KYC issue. If not it is to go with the small limit investing on regular basis. Most of the exchanges doesn't request KYC for deposit, so it is possible to buy directly from any of the users with escrow and move to the exchange for trading practice or other purposes.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Ultegra134 on February 25, 2023, 10:42:21 PM
I was introduced to Bitcoin as a teenager and struggled a lot to purchase some. I didn't have a card, of course, and my parents had refused to provide me theirs, while other platforms such as LocalBitcoins also required some sort of identification and a means of payment that could be conducted online (card, bank transfer, etc.). I only had a PayPal account in my mother's name, which I used on another forum in an attempt to purchase Bitcoin but got scammed in the process. Luckily, I managed to save my funds thanks to PayPal's customer service.

Thus, in my opinion, you need to be of a certain age in order to comprehend the fundamentals of cryptocurrencies but also to be able to purchase some, although times have changed now and there are more alternatives than in the past.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Dickiy on February 25, 2023, 11:07:13 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
I think there is no age limit in getting to know bitcoin or crypto, if the child knows how to invest and use it well by getting lessons from his parents or from how he knows bbitcoin himself I think there is no limit in this case, we can equate it with fiat, many small children have played with money, even old people, without knowing how and what it is made of, I think it's the same thing, if we consider that bitcoin is a currency.
I think if the crypto you mean is Altcoin it will not include wisdom in making decisions because it is more that but if the crypto you mean is bitcoin I think you are someone who is wise and smart.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Jody.Drummer on February 25, 2023, 11:41:33 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
I think there is no age limit in getting to know bitcoin or crypto, if the child knows how to invest and use it well by getting lessons from his parents or from how he knows bbitcoin himself I think there is no limit in this case, we can equate it with fiat, many small children have played with money, even old people, without knowing how and what it is made of, I think it's the same thing, if we consider that bitcoin is a currency.
I think if the crypto you mean is Altcoin it will not include wisdom in making decisions because it is more that but if the crypto you mean is bitcoin I think you are someone who is wise and smart.
Age is not a limit, but it would be better if we talk about children, so providing insight from the start and trying to guide investing in our teens is clearly highly recommended.
The age of children is still vulnerable and I don't think it is suitable to talk about investing at their age.
Learning may be great but it is certainly not urgent and must be done in childhood for them. Their souls are still very free and of course allowing investment for too early age also has a negative side there.


Title: Re: Are there age limits to Bitcoin investment?
Post by: crunck on February 26, 2023, 12:16:55 AM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
I think there is no age limit in getting to know bitcoin or crypto, if the child knows how to invest and use it well by getting lessons from his parents or from how he knows bbitcoin himself I think there is no limit in this case, we can equate it with fiat, many small children have played with money, even old people, without knowing how and what it is made of, I think it's the same thing, if we consider that bitcoin is a currency.
I think if the crypto you mean is Altcoin it will not include wisdom in making decisions because it is more that but if the crypto you mean is bitcoin I think you are someone who is wise and smart.
Age is not a limit, but it would be better if we talk about children, so providing insight from the start and trying to guide investing in our teens is clearly highly recommended.
The age of children is still vulnerable and I don't think it is suitable to talk about investing at their age.
Learning may be great but it is certainly not urgent and must be done in childhood for them. Their souls are still very free and of course allowing investment for too early age also has a negative side there.

Many people believe that the earlier children are educated, the richer they will be when they grow up. I can say that it is a misconception. I was a later bitcoin investor than many, but now I have made more profits than the people who joined before me.  Sooner or later it doesn't matter, as long as we make better use of the opportunities presented, we can make more profits. Children too, do not rush to teach them about bitcoin, teach them when they are mature enough.


Title: Re: Are there age limits to Bitcoin investment?
Post by: cozytrade on February 26, 2023, 04:54:48 AM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
I think there is no age limit in getting to know bitcoin or crypto, if the child knows how to invest and use it well by getting lessons from his parents or from how he knows bbitcoin himself I think there is no limit in this case, we can equate it with fiat, many small children have played with money, even old people, without knowing how and what it is made of, I think it's the same thing, if we consider that bitcoin is a currency.
I think if the crypto you mean is Altcoin it will not include wisdom in making decisions because it is more that but if the crypto you mean is bitcoin I think you are someone who is wise and smart.
Age is not a limit, but it would be better if we talk about children, so providing insight from the start and trying to guide investing in our teens is clearly highly recommended.
The age of children is still vulnerable and I don't think it is suitable to talk about investing at their age.
Learning may be great but it is certainly not urgent and must be done in childhood for them. Their souls are still very free and of course allowing investment for too early age also has a negative side there.

Many people believe that the earlier children are educated, the richer they will be when they grow up. I can say that it is a misconception. I was a later bitcoin investor than many, but now I have made more profits than the people who joined before me.  Sooner or later it doesn't matter, as long as we make better use of the opportunities presented, we can make more profits. Children too, do not rush to teach them about bitcoin, teach them when they are mature enough.
Yes I agree with you.  Because if you want to invest in bitcoin, it is better if you have a good idea and then invest in bitcoin. If you invest in bitcoin without an idea, you will have a big chance of losing money instead of making money. And if a child is interested in learning about bitcoin, let him know about bitcoin.  It's fine to give ideas. And if someone is not interested then I think it would be foolish to give them ideas about Bitcoin against their will.


Title: Re: Are there age limits to Bitcoin investment?
Post by: coinerer on February 26, 2023, 05:47:46 AM
There is no age limit to invest in bitcoin if you are born today and after birth if you know about bitcoin and understand everything perfectly then you can invest in bitcoin instantly you will not face any hurdle. But before investing in Bitcoin you must be aware of its risks and know how to hold it safely.You can invest in Bitcoin at any age, it's completely up to you.


Title: Re: Are there age limits to Bitcoin investment?
Post by: posi on February 26, 2023, 07:43:42 AM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
I think there is no age limit in getting to know bitcoin or crypto, if the child knows how to invest and use it well by getting lessons from his parents or from how he knows bbitcoin himself I think there is no limit in this case, we can equate it with fiat, many small children have played with money, even old people, without knowing how and what it is made of, I think it's the same thing, if we consider that bitcoin is a currency.
I think if the crypto you mean is Altcoin it will not include wisdom in making decisions because it is more that but if the crypto you mean is bitcoin I think you are someone who is wise and smart.
Age is not a limit, but it would be better if we talk about children, so providing insight from the start and trying to guide investing in our teens is clearly highly recommended.
The age of children is still vulnerable and I don't think it is suitable to talk about investing at their age.
Learning may be great but it is certainly not urgent and must be done in childhood for them. Their souls are still very free and of course allowing investment for too early age also has a negative side there.

I think there should still be an age limit to invest, children are at an age dependent on their parents, and they still have to learn many things about life before they know about bitcoin or financial investment. Each age needs to learn the right things at that age, early teaching is not necessarily effective. For example, for 1st graders, we can't teach 10th grade math to them, that won't help them get better.

In addition, people who are too old, have reached the age of enjoying old age, they do not need to know about bitcoin. They can still invest, but they better enjoy life, they have worked hard all their life, and now it's time to rest.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Jody.Drummer on February 26, 2023, 03:02:57 PM
Age is not a limit, but it would be better if we talk about children, so providing insight from the start and trying to guide investing in our teens is clearly highly recommended.
The age of children is still vulnerable and I don't think it is suitable to talk about investing at their age.
Learning may be great but it is certainly not urgent and must be done in childhood for them. Their souls are still very free and of course allowing investment for too early age also has a negative side there.

Many people believe that the earlier children are educated, the richer they will be when they grow up. I can say that it is a misconception. I was a later bitcoin investor than many, but now I have made more profits than the people who joined before me.  Sooner or later it doesn't matter, as long as we make better use of the opportunities presented, we can make more profits. Children too, do not rush to teach them about bitcoin, teach them when they are mature enough.
As I said earlier, giving understanding from childhood is still good, but that doesn't mean that children should be immediately left in the investment.
Their condition is still not very suitable for their age because indeed the age of children is the age where they explore all things that are fun, not immediately filled with money. maybe for an older age like adolescence it's just right but for a child's age I think this can ruin their childhood if it's too porous and taught prematurely.

Age is not a limit, but it would be better if we talk about children, so providing insight from the start and trying to guide investing in our teens is clearly highly recommended.
The age of children is still vulnerable and I don't think it is suitable to talk about investing at their age.
Learning may be great but it is certainly not urgent and must be done in childhood for them. Their souls are still very free and of course allowing investment for too early age also has a negative side there.

I think there should still be an age limit to invest, children are at an age dependent on their parents, and they still have to learn many things about life before they know about bitcoin or financial investment. Each age needs to learn the right things at that age, early teaching is not necessarily effective. For example, for 1st graders, we can't teach 10th grade math to them, that won't help them get better.

In addition, people who are too old, have reached the age of enjoying old age, they do not need to know about bitcoin. They can still invest, but they better enjoy life, they have worked hard all their life, and now it's time to rest.
That's the point. Because indeed we cannot impose a will that cannot be carried out because it is not the portion.
Teaching from the start is really good and there's nothing wrong with that, it's just that we also have to see whether this is really appropriate to teach or not because when it's taught too early actually in the end this isn't something good and can actually have a bad effect.


Title: Re: Are there age limits to Bitcoin investment?
Post by: solehdavid on February 26, 2023, 03:36:04 PM
There is usually no specific age limit for the use of Bitcoin. However, countries may have legal age limits that apply to the use of Bitcoin. For example, in some countries, you may need to be over the age of 18 to buy and sell Bitcoin.

It is also recommended that people who want to invest or trade in Bitcoin should be financially literate. Therefore, it is important that young people do their research and understand the financial risks before deciding to use Bitcoin.

If it's just a matter of interest and not an investment, I would support a 10-year-old being interested in Bitcoin, but it's definitely too young for investment.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Wind_FURY on February 27, 2023, 11:19:06 AM
It is all simple. If there is KYS you have to be over 18. But I think there is no poit to enter it if you already retired and would not hold for a long time


I'm not entirely sure if BTCBroker2016's account was made to troll, or misinform everyone, but if he's truly serious, then he's simply wrong. He probably really is a newbie because he can't make the difference between a Centralized Exchange, and Bitcoin - a censorship-resistant cryptocurrency which ANYONE can use/receive/send, at ANY AGE. How would anyone stop me from sending some Bitcoins to a 10 year located far away from me?


Title: Re: Are there age limits to Bitcoin investment?
Post by: S A KHAIR on February 27, 2023, 11:32:43 AM
There is no age limit to invest in bitcoin if you are born today and after birth if you know about bitcoin and understand everything perfectly then you can invest in bitcoin instantly you will not face any hurdle. But before investing in Bitcoin you must be aware of its risks and know how to hold it safely.You can invest in Bitcoin at any age, it's completely up to you.

Yes, just one person who is aware enough of the risks that bitcoin can bring they can invest in bitcoin. Bitcoin investment has no age limit but it is not for those who have no knowledge of it and those who are not ready to take the risk should not invest.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Mauser on February 27, 2023, 12:04:06 PM
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.

I don't think it's a good idea to get retirees to invest large sums of their savings into crypto currencies. Bitcoins are still volatile and when you are old it's very hard to plan ahead. You could become sick suddenly and need money for your care. When all your savings are in bitcoins you could before forced at very unfavourable prices. Better to have only short term savins accounts. Something else would be if you plan to leave money for your children and grand children. Then we could leave them bitcoins and other crypto currencies, we only need to make sure that they know how to access the wallet and will not lose it.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Bazzu on February 27, 2023, 12:15:05 PM
After all, bitcoin is money, and everyone needs money no matter how big or small, so I think there is no age limit on investing or owning bitcoin. For young children or the elderly, we can recommend bitcoin to them but should let them choose, if they want bitcoin, start with them, and if they refuse, don't force them.

I want to emphasize about introducing bitcoin to children, we don't have to rush, let them fully realize life before introducing bitcoin to them, they have more to learn than bitcoin. The early introduction of bitcoins does not guarantee that they will become richer in the future.


I agree with your opinion,,
indeed to invest in bitcoin there is no age limit,, because the most important thing is the INTEREST of the child or parents ,,,
however, children must be guided by their parents, and there is no coercion because children are the time to play and learn.


Title: Re: Are there age limits to Bitcoin investment?
Post by: suzanne5223 on February 27, 2023, 06:25:43 PM
There is no age limit for Bitcoin investment but every CEX has an age requirement for their platform user. I believe everything depends on people's personal beliefs and we have seen an 8years old boy who was a millionaire through NFT years ago but I believe people that have the impression of an age limit for the kids are people who don't want them to get addicted to crypto cause minor are somehow vulnerable at some point so we they need a parental guide in their crypto journey.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Artem Sereda on February 28, 2023, 03:53:00 PM
I think it's more about teaching financial literacy. You teach a child from childhood to manage money. Show them that money can work for you in the future. And as an example, they show cryptocurrency. The same can be done with the example of stocks, and bonds.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Uruhara on February 28, 2023, 07:25:55 PM
I was introduced to Bitcoin as a teenager and struggled a lot to purchase some. I didn't have a card, of course, and my parents had refused to provide me theirs, while other platforms such as LocalBitcoins also required some sort of identification and a means of payment that could be conducted online (card, bank transfer, etc.). I only had a PayPal account in my mother's name, which I used on another forum in an attempt to purchase Bitcoin but got scammed in the process. Luckily, I managed to save my funds thanks to PayPal's customer service.

Thus, in my opinion, you need to be of a certain age in order to comprehend the fundamentals of cryptocurrencies but also to be able to purchase some, although times have changed now and there are more alternatives than in the past.
The experience you have experienced in the past seems to be important evidence that there is indeed a certain age limit or indeed there is a limit for someone who doesn't quite understand what cryptocurrency is.

We need to be careful even in the process of teaching our families. because of course we don't want to make our family suffer losses in the future due to our wrong teaching. Investing healthily and doing it at a fairly mature age where knowing and understanding the risks and opportunities that exist in cryptocurrencies is the best time.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Quidat on February 28, 2023, 08:20:11 PM
I think it's more about teaching financial literacy. You teach a child from childhood to manage money. Show them that money can work for you in the future. And as an example, they show cryptocurrency. The same can be done with the example of stocks, and bonds.
Anything does have its right time and it could also be applied on the time for a certain child to be able to absorb on what information that you would be tending to teach up.
We know that the younger the better on being aware on how business or investment do works and that would include out crypto or Bitcoin. This is why there's no age
limit because as long you would be aware on what it is then thats what surely counts. If you are parent who do plans on teaching up your children about it
then you could be able to point out on when they would be ready.


Title: Re: Are there age limits to Bitcoin investment?
Post by: tjtonmoy on February 28, 2023, 10:05:05 PM
I really wanted to know if it's wise to get kids and elderly into the crypto industry.
Rather than giving them direct advice about bitcoin, teach them the concept of it. What it does and what it is capable to do in the future. We are the one who should guide the next generation to the right path. And I don't think there would be any issue teaching a 10 years old kid. I know Bitcoin knowledge is complicated if you dive deep into it, but when it comes to basic knowledge, it is not that hard to understand or to teach a 10y/o kid. Also as they say, practice makes you perfect. If you start from a very young age, you can learn it and keep learning to master it for a long time. Thus becoming the best. But no one should force a kid to do so.

And when it comes to elderly. I think it is very complicated. If they already have some knowledge on something that is similar to bitcoin, then it's just an update for them. You just need the right approach to do it.
And if they are not interested in it. Then it is better to leave it that way.


Title: Re: Are there age limits to Bitcoin investment?
Post by: coinerer on March 01, 2023, 12:55:03 AM
There is no age limit to invest in bitcoin if you are born today and after birth if you know about bitcoin and understand everything perfectly then you can invest in bitcoin instantly you will not face any hurdle. But before investing in Bitcoin you must be aware of its risks and know how to hold it safely.You can invest in Bitcoin at any age, it's completely up to you.
Yes, just one person who is aware enough of the risks that bitcoin can bring they can invest in bitcoin. Bitcoin investment has no age limit but it is not for those who have no knowledge of it and those who are not ready to take the risk should not invest.
Yes there is no such limitation but it is better to follow some limitations like a five year old child can write his name but does that mean a person's signature before becoming an adult is accepted in a bank or any important work? Of course not. Even a small child can learn about Bitcoin as the advanced technologies are now widely spread around the world.  But when that kid buys and loses bitcoins, he can't adjust his mind because he has a small mind. Then he can do anything.  So I think it's better not to tell any boy/girl about Bitcoin before 15 years minimum


Title: Re: Are there age limits to Bitcoin investment?
Post by: Obari on March 06, 2023, 02:45:16 AM
Thus, in my opinion, you need to be of a certain age in order to comprehend the fundamentals of cryptocurrencies but also to be able to purchase some, although times have changed now and there are more alternatives than in the past.

I'm glad PayPal helped reversed your funds or let me say recovered your funds and it seems we're on same page because I basically before that cryptocurrency isn't just as easy as so many people presume it to be because it has alot of mental and emotional attachments and it requires someone to be fully ready before getting involved in it.

On the other hand I also think it is necessary to help direct the younger ones into crypto related fields or better still introduce crypto earlier and teaching them about it gradually and helping the accept it as well and by so doing, it will be more easier for them when they're fully of age.
What do you think of this?


Title: Re: Are there age limits to Bitcoin investment?
Post by: pgbit on March 06, 2023, 03:11:50 AM
There are generally no age restrictions for investing in Bitcoin or other cryptocurrencies, but minors may require parental consent. However, it is not advisable to introduce children or elderly individuals to cryptocurrencies without proper education and caution. These investments can be volatile, and it's important to seek advice from financial professionals and conduct thorough research before investing.


Title: Re: Are there age limits to Bitcoin investment?
Post by: DanWalker on March 06, 2023, 04:06:11 AM
There are generally no age restrictions for investing in Bitcoin or other cryptocurrencies, but minors may require parental consent. However, it is not advisable to introduce children or elderly individuals to cryptocurrencies without proper education and caution. These investments can be volatile, and it's important to seek advice from financial professionals and conduct thorough research before investing.

I think there should be an age limit when investing in bitcoin. For children who are too young, raised by their parents, there is no need to rush to learn about bitcoin, at that age should only learn age-appropriate things, not too much pressure. Give them a good childhood instead of forcing them. As for those who are too old, the age that needs to rest and enjoy life is also not suitable to invest in bitcoin. Bitcoin is a very volatile asset and investing in it is stressful, so it is important to have the right age and audience to avoid unfortunate crashes.


Title: Re: Are there age limits to Bitcoin investment?
Post by: YUriy1991 on March 06, 2023, 04:55:47 AM
Yes. interesting, even though they will have entered retirement, they still have a lot of work to do after retirement. when they are able to integrate it into their daily life where they have made BTC a financial asset it allows them to use it like a traditional currency and that's why I think the government should read this potential as well because then people will be attracted to invest in this technology , as in any other technology.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Dr.Osh on March 06, 2023, 09:15:45 AM
Education is a very important thing taught from an early age. Bitcoin is a form of technological development, and it needs to be taught to children. however, we need to explain thoroughly, so they can learn about the advantages and disadvantages of bitcoin or cryptocurrency. it will not stress them out just because of studying. after all, it's just like we teach them other investments. every investment has a profit in it, but there is also a risk to it.
However, this also applies to older people. maybe you see that it is wrong to invest all their retirees into bitcoin because of the risk. however, that decision was made due to the explanation he heard. so it all depends on how we explain it. we must explain the benefits as well as the risks.
is this a must? yes, this should be explained to kids or old people who want to invest. there is no age limit for it. however, we need to explain thoroughly, not just an explanation of the benefits.


Title: Re: Are there age limits to Bitcoin investment?
Post by: xSkylarx on March 06, 2023, 09:44:14 AM
There are generally no age restrictions for investing in Bitcoin or other cryptocurrencies, but minors may require parental consent. However, it is not advisable to introduce children or elderly individuals to cryptocurrencies without proper education and caution. These investments can be volatile, and it's important to seek advice from financial professionals and conduct thorough research before investing.

I think there should be an age limit when investing in bitcoin. For children who are too young, raised by their parents, there is no need to rush to learn about bitcoin, at that age should only learn age-appropriate things, not too much pressure. Give them a good childhood instead of forcing them. As for those who are too old, the age that needs to rest and enjoy life is also not suitable to invest in bitcoin. Bitcoin is a very volatile asset and investing in it is stressful, so it is important to have the right age and audience to avoid unfortunate crashes.

There are children (not infants or those who still cannot understand) that are advanced, like they are mature enough to learn this. Mostly, I found those children curious about things, mostly technology, which those kinds of kids should be guided in learning as this has a big impact on them, but those kids that just want to play and nothing else is to be desired should not be pushed to learn as it is useless as they can't understand it. It would be preferable if those kids already showed interest in learning how to earn money, which is the best time to teach it to them.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Mr.sprin on March 06, 2023, 03:13:41 PM
There's nothing wrong with introducing bitcoin to children, just as we teach children to save.
there is no age limit for investing in bitcoin as long as there is capital they are entitled to invest in bitcoin. There is no age limit for investing in Bitcoins.


Title: Re: Are there age limits to Bitcoin investment?
Post by: bittraffic on March 06, 2023, 03:31:03 PM
There's nothing wrong with introducing bitcoin to children, just as we teach children to save.
there is no age limit for investing in bitcoin as long as there is capital they are entitled to invest in bitcoin. There is no age limit for investing in Bitcoins.

It's the kids that are the easiest to teach crypto because of the P2E games introduced to them on social media.

But them BOOMERS are also welcome. There is no discrimination in crypto. The wallets you install will not ask for how old you are and if you are under 18, the app will not generate a wallet. Bitcoin is open to all and so are altcoins. It would be fun to see boomers playing P2E games.


Title: Re: Are there age limits to Bitcoin investment?
Post by: DanWalker on March 07, 2023, 02:37:56 PM
There are generally no age restrictions for investing in Bitcoin or other cryptocurrencies, but minors may require parental consent. However, it is not advisable to introduce children or elderly individuals to cryptocurrencies without proper education and caution. These investments can be volatile, and it's important to seek advice from financial professionals and conduct thorough research before investing.

I think there should be an age limit when investing in bitcoin. For children who are too young, raised by their parents, there is no need to rush to learn about bitcoin, at that age should only learn age-appropriate things, not too much pressure. Give them a good childhood instead of forcing them. As for those who are too old, the age that needs to rest and enjoy life is also not suitable to invest in bitcoin. Bitcoin is a very volatile asset and investing in it is stressful, so it is important to have the right age and audience to avoid unfortunate crashes.

There are children (not infants or those who still cannot understand) that are advanced, like they are mature enough to learn this. Mostly, I found those children curious about things, mostly technology, which those kinds of kids should be guided in learning as this has a big impact on them, but those kids that just want to play and nothing else is to be desired should not be pushed to learn as it is useless as they can't understand it. It would be preferable if those kids already showed interest in learning how to earn money, which is the best time to teach it to them.

If you teach them about bitcoin technology and blockchain technology, then I will welcome, but if you teach them to invest and make money from bitcoin, I will disagree, even if they are passionate about it.

Teaching your child to earn money too early is sometimes counterproductive, not a good thing, because your child is of school age, if you only worry about making money without worrying about studying, it will be even more harmful to your child's future.

You see, the education industry has divided knowledge for each appropriate age, if we teach a 1st grader about 10th grade math, it won't help them get better. Finance and making money too, need to be educated at the right age.


Title: Re: Are there age limits to Bitcoin investment?
Post by: SmartCharpa on March 07, 2023, 03:29:30 PM
There is no upper age limit for investing in bitcoin because whatever you trade on is still yours. Today, investing in a cryptocurrency is all about making your own decisions. No one is too old or too young for it if they have the desire to do so. It's not a bad idea to introduce an underage person to it if they believe it's the best way for them to live.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Fesatmas on March 07, 2023, 03:59:07 PM
There is no upper age limit for investing in bitcoin because whatever you trade on is still yours. Today, investing in a cryptocurrency is all about making your own decisions. No one is too old or too young for it if they have the desire to do so. It's not a bad idea to introduce an underage person to it if they believe it's the best way for them to live.
yes, in other countries there may not be certain restrictions for trading cryptocurrency assets but technically in my country there is an age limit for buying, selling, and trading cryptocurrency assets which is the age of 17, and has an official resident card from the government or is not a foreign resident, and based government regulations there are only a few types of cryptocurrency assets that are legal in my country, but globally I don't know in other countries whether there are certain restrictions like in my country, maybe there are different provisions in each country regarding trading these cryptocurrency assets


Title: Re: Are there age limits to Bitcoin investment?
Post by: rby on March 07, 2023, 04:26:46 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth  to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.
Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
I really feel that there should be an age limit to invest in Bitcoin. Even if it is not pronounced officially as being the age limit. People within such range of age should be adviced erhically not to involve in bitcoin. The children should be given children education and not be taught bitcoin that has so much financial risk. Also older people should be allowed to enjoy their retirement fund as they have little time to live and not to bother them again with investment.


Title: Re: Are there age limits to Bitcoin investment?
Post by: _BlackStar on March 07, 2023, 04:35:22 PM
On the other hand I also think it is necessary to help direct the younger ones into crypto related fields or better still introduce crypto earlier and teaching them about it gradually and helping the accept it as well and by so doing, it will be more easier for them when they're fully of age.
What do you think of this?
Of course it's a good idea, but you should choose an age level before you start teaching it. I'm not sure I can convince 10 year olds about bitcoin and its potential, that's because they tend to dislike difficult things because knowledge of bitcoin is difficult especially technical knowledge.

There comes a time, you need the right time and you can't force that desire on those who aren't interested. I think the best age to get them to know about bitcoin is 16+, but some kids also have an interested with how to make money from the age of 10+.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Bazzu on July 28, 2023, 06:07:40 AM
After all, bitcoin is money, and everyone needs money no matter how big or small, so I think there is no age limit on investing or owning bitcoin. For young children or the elderly, we can recommend bitcoin to them but should let them choose, if they want bitcoin, start with them, and if they refuse, don't force them.

I want to emphasize about introducing bitcoin to children, we don't have to rush, let them fully realize life before introducing bitcoin to them, they have more to learn than bitcoin. The early introduction of bitcoins does not guarantee that they will become richer in the future.

yes I agree with your opinion because childhood is the time to play and learn, while the time for parents to enjoy life in their old age and have fun, the point is we have to be able to make them all happy, but of course in this case the answer lies with them, for example, an old person wants to invest in BTC, of ​​course there is nothing wrong as long as they know the risks. and it's true what you said, we shouldn't be in a hurry to introduce btc to children.


Title: Re: Are there age limits to Bitcoin investment?
Post by: puloweh555 on July 28, 2023, 08:20:59 AM
some parents refuse to teach Bitcoin to children because they have to enjoy childhood and do not understand money, I do not agree. Because we are all economic people, sooner or later we will always come into contact with money, especially with increasingly advanced technological developments. So there's nothing wrong with teaching children about investing as early as possible, especially investing in Bitcoin, at least they first understand the basics of Bitcoin and how Bitcoin works. Because for me bitcoin is money, and children must know how to manage money properly and correctly. Because in essence, very smart parents can educate children to become successful human beings in the future.

Likewise, those who are old want to invest in Bitcoin, because Bitcoin has no age limit, especially if you can master and understand everything. Therefore we need to provide a logical and realistic explanation, especially in terms of the risks that must be faced.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Razmirraz on July 28, 2023, 09:22:00 AM
Satoshi has never compartmentalized Bitcoin only for certain people or certain groups, after he introduced Bitcoin to the public his task was done, Bitcoin can be owned by anyone who wants to have it without any age limit. Anyone has the same right to own Bitcoin as long as they have capital, parents can inherit Bitcoin for their children by teaching them how to store and sell it.
Bitcoin is never lost as long as you keep it in a safe place, no matter how long you keep Bitcoin and there are no restrictions for anyone to inherit Bitcoin to anyone. Children need to be invited to study Bitcoin as the next generation when you retire or something bad happens to you, early anticipation needs to be done to reach a safe point or someone who can manage assets when you can't do anything else.


Title: Re: Are there age limits to Bitcoin investment?
Post by: KiaKia on July 28, 2023, 10:58:42 AM
There's nothing wrong with introducing bitcoin to children, just as we teach children to save.
there is no age limit for investing in bitcoin as long as there is capital they are entitled to invest in bitcoin. There is no age limit for investing in Bitcoins.
There should be, it doesn't make sense that you are passing this information around, kids are kids and they will always behave like one, even adults that are in crypto are messing things up, selling Bitcoin mistakenly for lower price on exchange, some people can't even operate an exchange properly, you want kids to embark on such path? It will be confusing as heck, I won't recommend letting your kids to invest in Bitcoin if they are too small, now this is where I believe your point doesn't make sense.

Some ages can't operate an exchange, not even a crypto wallet, for you to say that there is no age limit for investing in Bitcoin is totally incorrect, if adults can make mistakes, kids can make much more, this is why I believe that age matters when it comes to crypto investment.



Title: Re: Are there age limits to Bitcoin investment?
Post by: Snipe Eagle on July 28, 2023, 11:15:58 AM
Depends on the understanding of a person. If they can understand the working of Bitcoin at the age of 14 then they may invest whatever pocket money they have.


Title: Re: Are there age limits to Bitcoin investment?
Post by: MFahad on July 28, 2023, 11:45:55 AM
The retired people should take care of their life with the money left with them because in today's world, even your own son may kick you out any day and you will suffer without money. Investing in crypto at that age is for those who have enough left on their hands and want to gift their grandchildren with some crypto later when they grow bigger.

Retired individuals can use their money in any sort of investment but should not use whole pension fund in a single bitcoin because of volatility in its worth. It is true that in present age no one care about one another even a children will left their parents if they don't need them and have no benefit from them because everyone in this era thinks about their benefit.

If one who wants to make investment then he should put some amount of pension fund in bitcoin so some amount of pension he can save in bank. Everyone desires that their children lives a happy and satisfied life so those should save some amount for their children in form of bitcoin or any other asset which he thinks that it will gives huge profit after some years.


Title: Re: Are there age limits to Bitcoin investment?
Post by: bayu7adi on July 28, 2023, 11:49:09 AM
I opine that Bitcoin does not impose any prohibitions on anyone to introduce Bitcoin based on their age. However, as an ardent Bitcoin enthusiast, we should at least contemplate prudently the ideal age threshold for acquainting individuals with Bitcoin.

Newborn infants, too, are part of the human realm, and none preclude them from engaging in investments. Yet, the cognitive faculties of these infants have not reached a level of maturity to comprehend the intricacies of the financial world. Not all possess the prowess for mathematical calculations, and herein lies the criterion that ought to regulate the dissemination of Bitcoin knowledge.

As a fervent Bitcoin advocate, I proffer to my fellow peers the recommendation of setting an optimal boundary for Bitcoin introduction. In my view, those well-versed in the realm of finance are deserving of acquainting themselves with the essence of Bitcoin.


Title: Re: Are there age limits to Bitcoin investment?
Post by: Uruhara on July 28, 2023, 02:00:28 PM
Depends on the understanding of a person. If they can understand the working of Bitcoin at the age of 14 then they may invest whatever pocket money they have.
Right. And Of course there are limitations for children who still don't understand finances and of course there are limits for older people who have started to experience senility frequently. So that teaching about bitcoin can only be done to people who understand finance and are also able to learn about technology and how to use the internet and the like. So yeah it all depends on the particular situation. In fact, we also have to limit ourselves not to teach people who are not interested in learning it.


Title: Re: Are there age limits to Bitcoin investment?
Post by: komisariatku on July 28, 2023, 03:08:52 PM
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?

In general, I would recommend 18 or 19 years. I think age has been used by most countries to mean someone is mature and can be held accountable for what they do. Even so, for someone who has an interest in bitcoin since childhood can start investing at the age of 15 by setting aside his school pocket money, but in my opinion that is a rare condition.

To be honest, I don't agree with the concept of teaching bitcoin to kids under the age of 10. I think it's a pointless thing and bitcoin is not important to them. Maybe teaching mathematics would be more beneficial to support their learning at school.

Most importantly, if the child is under 18 years of age, I think he or she will need the help of a parent when he or she is going to try to start investing in bitcoins. In addition, buying bitcoins on exchanges also mostly requires kyc, and maybe exchanges will refuse kyc for children under 18 years old


Title: Re: Are there age limits to Bitcoin investment?
Post by: inthelongrun on July 28, 2023, 03:19:54 PM
Bitcoin is decentralized so obviously there are no age limits. However, exchanges and other centralized platforms that are mostly used in purchasing bitcoins are following regulations so minors are not allowed to transact.

There are many reasons why kids are not allowed to do investing in not just bitcoin but including other assets like stocks. Kids are supposed to be studying, enhancing, and developing their gifts and skills to become better beings in the future.

But there are exemptions as well, when I started into crypto investing I was able to befriend some minors and they were able to digest well what bitcoin is and actually earned a lot during the 2017 bull run. Maybe those kids are gifted with financial and technological abilities that they shifted some of their free time into studying bitcoin and the ways to earn online where they paid mostly in bitcoins.