Too late to invest in cryptos if you're old?

[hasmukh_rawal]

Bitcoin is growing day by day even though there are few dumps here and there. The currency has been growing stable for quite a few months now which shows that even if we invest now then its not too late since BTC has the capability to grow more and more. That's why the elder ones still have a chance to sail the same boat as we are in. Bitcoin can easily cross $10000 which would still be 25%+ than current price.

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[Gunawan82]

Pension funds are made a very good investment and not too late, with it they can enjoy the past quietly enjoy the investment, and invest in bitcoin not more than 1 year can become rich.

[FameBroker]

Age should have nothing to do with investing in Bitcoin. However, it is risky, and you should invest only funds that you don't mind losing.

[ahiaba.john@yahoo.com]

Provided the old can read and understand the concept involve in the bitcoin investment then it not late for them. All the need to do is to seek for proper information about the crypto investment and how it work. From that point they can start investing in bitcoin for the up keeping of their family.

[Faith Joy]

What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?

No it is not too late to invest in cryptos if you are old.I dont think it is too late for them to know about bitcoin. However, I think it is so hard for them to understand about it. I dont know, but I found my father who is 75 years old has trouble in understanding what is bitcoin and how it works. Maybe some old people can understand it very well. There is no age limit in bitcoin, everyone is welcome to join.

[brontosaurus]

What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?

He can invest in btc too btc gives much quicker return than any other pension schene so surely he can enjoy his money. But no offense I would request such person to surely share his private key with any nominee😛bitcoin does not has any nominee concept in itself.

[moonfrost21]

What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?

Anyone can join digital currencies investment or bitcoin as long their mind can still cleary think for any decision to make. If they're old but not crazy or with no alzheimer's  disease they can 100% can join the investments even if they can't move they can urge someone to do transactions for them as long as they can think and decide what to do because there is no rules of joining bitcoin in which everyone can join.

I am also wondering about this one, I think it is not yet late for old folks but how much money would be a good capital to invest in Bitcoin. I know someone who has money but doesn't know where to invest it. I want to help him but since I am still trying to learn about bitcoin trading is out of the options for now. Investing and holding is what I am thinking that I can suggest to him.

[qwertyup23]

What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?

No. Compared to any other investments, cryptocurrencies in general has the most potential of yielding income in the shortest time possible due to its high volatility and decentralized nature. The price is heavily determined on the law of demand and supply, which can change its price anytime. If you are going to look at the price history, you can observe that throughout the months/years, the price increase of bitcoin has been steadily increasing. Regardless of your age, if you have enough capital to invest then you have more chances of realizing profit in a short time.

[sheenshane]

What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?

No its NOT too late for them to invest as long they read and understand what is bitcoin, because as the older age is hard to teach them when it comes cryptocurrency investment. Risky is always their in our lives passing through risky it becomes a success.
At this older age they need a guide from us young age!

[krauzzer02]

What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?

Even in technological advancement I've seen some elders who adapted to computers, smartphones and uses of the internet. they even beat the millennials in terms of knowledge about it, how come it is too late for them to relay and invest to the new technology/system for currency that is being served to us.

I heard some stories to my office mates that they taught and introduced to their grandparents the uses of bitcoin and some cryptocurrencies and why it is a good investments mostly for the senior citizens, their response is fascinating because they have very good feedback about it. I remember it is way back January 2016 so they probably earning right now just by hodling.

[betMaster]

Elderly persons aren't always into new risky things or experiences , because they judge that they already got to live and have all the funs , laughs and thrills they need to . And now they aren't adding any value to the society and are just consumers who live out of a determined pension . If they invest that money into bitcoin for example which is kinda expansive at the moment after it got up from the latest drop due to bitcoin cash . These people won't be able to make great profits since i don't think they'll be able to invest large amounts of money , and all of this trouble for a risk they can't really offer because without that pension they don't have any other source of money and would eventually have very hard times especially in that age .

[micloop]

There is a rule in investing: rate and time to get a determined aumount.
If you're old, so you don't have much time. Then, it's necessary a good interest rate.
We all know that good interest rates, presume high risks. Yet, it's up to you to assume it or not.
Lastly, I'd say: its worth the risk, if you know what are you doing!

[doedz]

Be a trader, this is a great suggestion. Spending my old age by doing business at home I think it is the right business choice.
we have time to monitor prices. Sit down and earn money.
There is no age limit in the crypto world. Children or parents can earn substantial income.

[Wulanayu]

There is no word late in the world of investment, wanting old and young have the same opportunities to succeed, because everyone has a different success period there are some young who have old and new success, then from there when there is a will why not.bitcoin can also inherited when he was able to hold it, so is not this a plus bitcoin value.

[golfdoug]

What are you going to do with your time?  If you are like me ( I am 70) you need a hobby and following Bitcoin is alot more exciting than following the Nasdaq stock market.  If you believe this guy you can leave your kids or your dog a single Bitcoin and be a hero.  Bitcoin Prices Could Reach $196,165.79  https://lendedu.com/blog/investing-in-bitcoin

[heureca]

What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?

I think it's not too late) You just need to learn about criptocurrency market before investments. And it is better to put your money in several criptocurrency directions to decrease risk of lost money.

[Kelvinid]

What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?

No its NOT too late for them to invest as long they read and understand what is bitcoin, because as the older age is hard to teach them when it comes cryptocurrency investment. Risky is always their in our lives passing through risky it becomes a success.
At this older age they need a guide from us young age!

Right.Even if an individual is considered old already,as long as he has interest in investing in bitcoin,then he is still capable of it considering he knows already the nature and history of bitcoin and even its hidden potentials.And of course we are here young ones to help those oldies succeed in their bitcoin investment.Getting old is never a hindrance to get profit out of small investments which later on becomes literally bigger ones.

[athanz88]

What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?

In my opinion, there is no age restriction or "too late" word to invest on something, does not matter if you are still young, or on productive age, or an elder already, you can start to invest. But there are many things to remember when you doing investment. And my ultimate things to remember for doing investment is, only risk what you can afford to lose. Does not matter what your age, you need to remember this. Other things that is important for me is the willing to learn about our investment. As long as you want to learn, does not matter about your age, you can make a good things from your investment, such as profit, new friends and relation, and other things. But if you dont want to learn about your investment, even though you re young and on productive age, you cant make most of your investment, although maybe you can make a little from it.
So in my opinion, if elderly want to apply those two things, it is not late for them to invest, as this can gives you a job to do in your elderly time, which you have a lot of free time. So you may encourage them, but they still need a guidance.

[Singwala]

Not so. as long as you know how to understand you can still be here. And your eyes are clear. You can go here. All you need to do is to read and of course guide older ones into crypto currencies. By doing so they will deepen the integrity of crypto currencies. What is this and what it can help to improve human life.

[rafajunior99]

I think you'll never be late to invest in Bitcoin, because it all depends on your own desire to do it, the most important thing you have to say to someone you trust, so when you go they know you've invested in Bitcoin.