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

[jaylhynne018]

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

i think its not! because theres no rules that over age doesnt invest so anyone vcan invest to cryptos!

[lepricoin]

here the question is not whether it's late or not, the fact is that older people have more experience and they do not trust it and are afraid to invest their savings in order not to lose. They need to be better informed before they invest

[A.H.Rassel]

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

I think yes already too late of jumping on the crypto train for who is retired but Bitcoin is the best choice for investing if they want
Because people are investing more in Bitcoin, Bitcoin price is increasing rapidly, Bitcoin potential currency its give us profit a long run

[hndrk10]

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

I think yes already too late of jumping on the crypto train for who is retired but Bitcoin is the best choice for investing if they want
Because people are investing more in Bitcoin, Bitcoin price is increasing rapidly, Bitcoin potential currency its give us profit a long run

You can never know what's gonna happen in 2-3 years. Maybe the price won't increase from $1 to $7000 but it's still a good investment for 2-3 years. I guess he can live that long.

[hugeblack]

the gold rule with bitcoin "all time is good to buy bitcoin" Because bitcoin price changes fast (you can see price change more than 500$ daily) this make a chance  to earn fast free money from just short hold , or take your risk and hold it for long time .
Many makers start to accept bitcoin that will make high Demand in other words high price.
so it is so early to invest in cryptos only too late to be rich from just hold

[michellee]

i don't think that to invest in cryptos its depend on ages because no matter how old are you, you can directly invest your money and you can buy any coins in crypto. but first you need to buy bitcoin and then you used that bitcoin to buy another coins that you think it will bring you a good profit in future. its never to late to invest in cryptos and as long as you have the money, you can buy it at anytime and you can keep it as your long term investment.

[DewiKirana]

I think the world of cryptocurency is for all ages including parents, as long as those who are old have strong intentions and determination can definitely be involved in the world of cryptocurency. But very rarely parents still want to work hard, especially in the world of cryptocurency.

[aizadelacruz99]

There is no age limit for cryptos.  This is for all of us.

[appleyard]

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?

There are no age limit in investing bitcoin it is not too late for them to invest in bitcoin but make sure that there is a one trusted person who can leave his bitcoin key if there something happen to them like choosing from his family this this will become a huge inherit for those lucky part of family choosen by the old guy.

[nocturnalsheet]

never too late my friend. even my father at 70 years old also started in cryptos!!!

[Swopon]

There's no words such  as "late" in the term of investing in cryptos.You can invest whatever amount and whenever you want.Always remember never too late.

[lasry]

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 never too late to invest,there is no qualifications in jpining the crypto world,they just need more explaination how their investment works and profits as well..every minutes there is a movement in price and It is very important that they would be open minded that they take a risk for their money and its pretty sure that for their old age they already understand how investments run.Even at their old age its good thing to know that there is still good opportunity thats knocking in their doors.

Do you think it may be too late because if they invest, they may not be around in time to pull out of the market and benefit from the profits?

Maybe it's too late. Since the crypto worlds needs a lot of knowledge in order to cope up with the trends of the crypto money. Plus a short span in their life would totally make it not that advisable for them.

[Vastraint]

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

It is never too late for old people to invest on bitcoin. But I don't think that some old man happily living with his savings and pension will try to invest on bitcoin. Sometimes old people just want to enjoy the remaining time of their life with their family without being involve on a certain job/activity. But if they still want to, I can't see any involved risks. But I also think it would be better if they meet crypto world before they say goodbye to the real world.  

[4p0l4k4y]

I believe theres no age limit for investing regardless if its a crypto or fiat currency. As long as you have a capital to invest then go ahead. It is much worth it to invest insted of wasting your hard earned money to useless things.

[justspare]

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

For the elderly,it depend on the career path they are on,if they are use to the internet and using the laptop,its easier for such a person to join the crypto train
But I wont advice investing all pension into BTC

It is risky in my opinion. Because the price of bitcoin is never to be stabled at all and it keeps on fluctuating with vast differences. So the best option is to use your pension for the sake of some other profitable business that actually matches the work in which you have had a good experience in the past.

This is also correct due to the fact that old age is worth taking rest and getting rid of the financial pressures of any sort.

[djgtr]

I believe theres no age limit for investing regardless if its a crypto or fiat currency. As long as you have a capital to invest then go ahead. It is much worth it to invest insted of wasting your hard earned money to useless things.

I think everyone has a right to invest even if you are 100 years old oe above you have the right to make things that you wanted as long as you can understand cryptos.If theres a life theres a  hope even if we are old enoughf if we want to gain then go for it because sometimes profit is verry useful to elders because of that some of them is really having a lot of sickness that need madication and i believe  that the medication now a days is verry expensive .that is why theres no harm on trying money is everywhere just grab opportunity and life is worth living.

[MrYan]

no its not. its pretty easy to understand

[francis2]

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?

Your age has nothing to do with it, the issue is if you make a mistake and bitcoin goes down you do not have the time or the chance to recover, so in your case investing in bitcoin is even more risky than for most people like us.

[lienfaye]

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?

Its not too late as long as they truly understand how cryptocurrency works and the risk involved. You can invest regardless of your age and i think retired person has an advantage to others because they can monitor their investment always without thinking of other commitment.

[drwhobox]

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

I would advice to invest some for their grandchildren and some for them. But, Most of the elderly are having difficulties when it comes to understanding what bitcoin is and how does it work. But, if you're teaching them in a proper manner maybe they can adapt knowledge on whatw BTC is.