savinggrace28
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November 24, 2017, 01:32:16 AM |
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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. I think this is ideal as it would somehow create a bond between the grandchildren who might be able to comprehend better. Thus this would still be case to case basis as there are grandfather/gmother who are very keen or are into investment such as bitcoin can easily adapt especially if they have a strong interest and is on a good healthy living condition. thus, a healthy body composes a healty mind that is still open for learning and changes
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pat4cryptoreal
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November 24, 2017, 05:50:00 PM |
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If the person is a pensioner it is even the right time to use some of his or her penson to purchase bitcoin in order to create a means of getting passive income regularly.
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francis2
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December 03, 2017, 03:25:23 AM |
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What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age? Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?
It is never too late. If someone is willing to accept the new technology(or opportunity) then his age does not matter. Maybe his retired period will going be more exciting than his working period. The problem is that a person that is already retired is a lot more vulnerable to the changes in the market since they are not working anymore and are dependent on their pension so risking their money is a matter of life and death to them.
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KingOfWinterfell01
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December 03, 2017, 03:29:36 AM |
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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's never too late. You can always have room to invest on cryptos because cryptocurrency has so much more to give you even if you invest little. But of course you have to go all in to maximize profits. You can at least give a little percentage of you pension so it can collect interest in bitcoins. Just hold it and then sell it once the price of bitcoins double.
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bayupermana
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December 03, 2017, 03:41:19 AM |
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it doesn't matter how old you are, as long as you still have a good mind and understand about bitcoin investing and a brave heart dare to invest, than earning profit from cryptocurrencies is not impossible.
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mmhaimhai
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A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
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December 03, 2017, 03:44:36 AM |
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Don't think so. For me, there's no such time can be consider as late when in comes to cryptocurrency investment because due to all coins price being so volatile, there would be time for dump and pump so we just need to wait for that dump time and buy then wait for pump to sell.
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senin
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December 03, 2017, 04:13:08 AM |
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I think that the elderly age is not an obstacle for investing in bitcoin and general employment of crypto currency. For this it is only necessary that a person be in a solid mind and sound memory. In addition, it is necessary to take some security measures in case of death .. All the rest does not matter.
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Dudeperfect
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December 03, 2017, 05:15:02 AM |
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Since the person is retired and I am assuming that he has no source of earning other than returns from the investments and savings. We must understand that crypto world is a wild market and one should prepare himself for the worst possible conditions because in such cases if there is a matter of survival then the investor should play with a safe strategy. On the other hand, I believe that it is just a beginning of the mainstream dominance and hence it might give exponential returns in the long run so investing the little amount in a frequent interval of time (that won't affect the financial routine of such investor) would be a wise idea and a better solution.
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TomUyamot
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December 03, 2017, 05:20:11 AM |
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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?
The people who have come into the stage where their lives are almost at the end, they would just cherish their remaining years in this world. If they have only enough money, then they would just focus it on the things that they love and those that will make them happy. But if they have surplus savings then they can set aside some portion for Bitcoin or crypto investment, not for themselves but for the people they love, as their children and grandchildren.
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Lancelot04
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December 03, 2017, 05:48:53 AM |
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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, nobody is too late for anything, as long as you breathe, you are welcome to join to anything as you could. Cryptocurrencies are for everyone to be acknowledge.
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hateplesent
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December 03, 2017, 01:42:27 PM |
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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?
if you're old bitcoin will be good investment for your kinds , many be in future Schools/university accept bitcoin OR price increase more than 100,000$ so in all cases you will win.
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family934
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December 04, 2017, 08:20:31 AM |
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yes it late for you if you are old and you are join the bitcoin now. I think the bitcoin will give you benefit but according to your age you can handle the bitcoin very good, if you are young you can make great enjoyment with bitcoin but the older people are only suffer their life with good standard in last ear of their life.
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Tatalk
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December 04, 2017, 08:02:26 PM |
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There is saying in English that there is no age of learning. So it is never too late to be into anything and to the case of cyrpto, it would never be too late because cyrpto is a boon and there is no age of using a boon. So it would always be too late if you don't invest in cryptocurrencies because their valuation is inflating valuation and moreover, this digital currency has a great future ahead. So no one is too old or too late to invest into these cryptocurrencies.
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trauchot
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December 04, 2017, 08:09:09 PM |
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Age here is not important, the most important thing is that person must have some computer knowledge because he will need using Internet and he will need find any information about cryptocurrencies. But about investments in cryptocurrencies in old age is a very good idea, because you can earn extra money, it will be increment for pension, well it also depends from your investments, because maybe you will earn more then your pension size.
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lemonscentedbreeze
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Blockchain with solar energy
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December 04, 2017, 08:12:13 PM |
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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?
Not really unless you are on your 80s or with some serious terminal illness but you don't have to be particularly have a youthful strength to participate and invest to bitcoin and you can still enjoy your earnings from your investment in just a year or less. Like bitcoin in just 1 year see how much it has grown its value and we all know how many happy investors there are now.
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Bezobraznike
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★Bitvest.io★ Play Plinko or Invest!
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December 04, 2017, 08:25:46 PM |
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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?
Not really unless you are on your 80s or with some serious terminal illness but you don't have to be particularly have a youthful strength to participate and invest to bitcoin and you can still enjoy your earnings from your investment in just a year or less. Like bitcoin in just 1 year see how much it has grown its value and we all know how many happy investors there are now. He is not sick, and even if he is that has nothing with bitcoins, he can give his contribution in a way he can! Every member is important and each of us is supporting bitcoin idea here. I think its not late for him to invest, even if he suddenly dies he will leave all his possession to his children or grandchildren. What he need to do is to wrote his private keys in some notebook, with explanation how to unlock his bitcoins, or alt-coins.
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Yahanat
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December 04, 2017, 08:29:14 PM |
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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 is my answer. Because Bitcoin is not only a candidate in the market. I you are interested to invest thousands of dollars you can go for Bitcoin. Meanwhile, there are ~800 currencies in market. I will recommend you to buy Siacoin(~7$ for 1000 coins), Golem (.25$ per coin) And Neo(Previous known as antshares) grown around 50 times in a month. Now at 47$.
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Kesecer
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December 04, 2017, 08:29:42 PM |
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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?
If you want your investment to grow xxx times, it’s late for some good potential cryptocurrencies to invest in , but still awareness has not increased to all the people. So, there is still more growth expected but this growth will be in realistic terms just like any normal commodity.
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jinnyjinny
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December 04, 2017, 08:30:13 PM |
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I m sure that is not late to start study crypto market and invest in Bitcoin . It took just a half of year for bitcoin to grow up in 10 times. somebody could make huge money!
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Usine
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December 04, 2017, 08:30:24 PM |
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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’s Never Late to invest in cryptos Especially if it’s a good one, You know I am investing now in an ICO of Saske and I have taken advantage of their pre-ICO sale. Now I’ve made more than 200% profit and aiming to sell some and Leave the rest to mine on their mobile app. Because it’s the only crypto with intrinsic value and can be mined on the phone. If I would recommend for a quick Profit I would tell you, Go Take advantage of SXAS and Invest in it
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