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

[shishi-icy]

It’s not too late. At least not for now to get into the crypto world. Even though you’re retired but you really want to give your family more financial stability, now is the time. We are in a revolution replacing fiat with crypto. I personally believe this is a race and if your last, it will affect your future family generations. So go donit now!! 

[TeLlMeFrY]

I don´t think that "to be too old" can be a reason to not invest in crypto. Although if you were too young, well it could be one. Crypto is a world where you could see your profits really fast, but you should be careful managing the risk correctly so you won´t lose your life savings.

[annango]

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 though you become older it will never too late to invest in bitcoin and I suggest if you are young at this day you must invest now because it would help you to gain high income in the future. On the other hand, investing in cryptocurrencies would really help you to have better life and future.

For older people, it's too difficult to research about bitcoin and cryptocurrencies so investing in cryptocurrencies is risky. Further, they can't generate income and living off pension and savings shouldn't invest in cryptocurrencies because they can't loss all their money. If you still want to invest in, i should you just should invest 20$ your saving money.

[DMiracle1]

There is no such thing as too late and too early in investing. Retirees are very much welcome in this community not to mention, they have the means to invest. As i have observed, many people of retirement age, continuing to work makes perfect sense. Working helps them stay physically and mentally healthy. Also it keeps them socially active and prevents isolation, and can provide a sense of purpose. And what can be more social than being part of this community. Purpose?, earn more in investing cryptocurrency.

[Peashooter]

It's never too late or too early. All that matters is understanding what you are investing in and why. Will BTC outperform the stock market over the next 20 years? If you think so, then it is obviously not too late at all.

As always though, diversification is key. A balanced portfolio should includes multiple asset classes, and as long as BTC is viewed as one of those asset classes then I see no problem with it. Dumping all your savings into BTC and hoping for the best, is obviously not s strategy, but pure speculation.

Its never too late to invest in bitcoin and as of now you could invest and anytime and anywhere you could buy and invest in bitcoin. In addition to that, bitcoin is a good investment for long term so that if you invest now there is a chance that you could earn huge amount of money and profit.

[beej]

Its never too late to start of really something valueable and relevant as BTC. If you guys know Col. Sanders, founder of KFC, he started already old like 60s plus until he found success of that business which is very relevant today. Bitcoin definitely will soar high in the coming years. 

I strongly agree with this, I'm a firm believer that age is not a hindrance
in business and opportunities. Cryptocurrency is open for everybody, it
doesn't really matter if your young or old. If you are capable and you have
the time, financial resources, patience, assimilation and capability to take
part, then you are very much welcome. The modern industry of digital
currency needs people that believes, supports, innovates and utilizes
cryptocurrency to further elevate and aggrandize the system and technology.

[PepperaOnIt]

in crypto currency, there is age does not matter, even if you are a kid or too much old but you want to invest in this bitcoin. you are in. there are some kids that is now millionaire even if there are under age, because in this crypto world, there is age does not matter.

so you must invest and live long so you can enjoy what you invest in crypto world.

[kalph22]

It's depend on the situation, if the elder person have problem in understanding how Bitcoin works because they are really not in to modern technology,  it may cause lose of money. The level of risk will go higher in old people, Because we know that sometimes elders may forget something. Then if they invest in Bitcoin they may forget it and lose the money that they invest. But not all elder people is like that there are some elder have good memory, and they were lucky if they have good memory the level of risk will go lower.

[PointHope]

I'm 61 and just started back in July.

It is important to note how Bitcoin goes through big swings of 30-40% up and down.

The trick is to catch it at one of the low points, like right now. 13k.

When I started it was 2k. the last one I bought was a drop from 8.5k to 5.8k.

Seems these opportunities present themselves periodically.
This game require much patience and observation. Also it is not for the faint of heart. You need to understand the fundamental core principals why Bitcoin has value.

[wallstone]

Its never too late to start of really something valueable and relevant as BTC. If you guys know Col. Sanders, founder of KFC, he started already old like 60s plus until he found success of that business which is very relevant today. Bitcoin definitely will soar high in the coming years. 

I certainly agree to that, it is never too late to invest or to start in bitcoin or in cryptocurrencies. Furthermore, we must invest in bitcoin and do not waste your time in nonsense thing. Even though you could become old there is still a chance that you could invest in bitcoin.

[ndoromas]

It is never too late to do something to do with changing ourselves, especially to earn extra income.

As long as they want to try, have a clear intention, mission and vision, and not lazy to read and hear advice from a more professional even though they are much younger than us.

There's a local saying that no pain no gain, so it's better to be too old to learn bitcoin and get it instead of giving up halfway, it's all for getting the final result, whatever the result is worth being grateful for.

Because the path of human life is only God who knows and has a plan that is more beautiful than human plans, still eager for the search bitcoin, many roads to Rome, many paths looking bitcoin, for example with cloud investment, mined altcoin for sale to bitcoin and so on.

[dante golo]

Actually there is no news late for anyone to invest in Bitcoin because the main requirement only requires capital and also insight about investment procedures well and most important is they have the intention first in running it to earn income every time.

[bobbykulot]

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 love age does  not matter how much more in investing in bitcoin as a old person.of course they can invest here and join here in bitcointalk as much as they can.a lot of people now is using a gadget with internet like using facebook so i think retiree can use bitcoin anytime.they can join in signature campaign by posting maybe this is  easy for them by answering question but not only answering they need to focus on it to make it success.

[Christian13]

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, I don't think so it is never too late but the only problem is they might face bit difficulty with understanding these processes. And If they still understand and has a knowledge about the uses of bitcoin and technology they are not late. It will also depends on the type of personality of a human, if someone old makes always wrong decision it is advisable to stop them quickly before it is getting late.

[hran1085]

I would recommend trading crypto if he/she is knowledgeable at investing. Also depends on his/her attitude toward crypto, if he decides to do so, he must believe in blockchain will change the world, not purely want making money from it. if that is the case, most likely he is going to freak out on the market voalitity. Majority retired people deserves a stable life from what I know

[manismanja]

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?

yes it seems to be too late because it may be linked by old age, but do not be afraid you can teach your child to continue your talent to play bitcoin.

[lienfaye]

Actually there is no news late for anyone to invest in Bitcoin because the main requirement only requires capital and also insight about investment procedures well and most important is they have the intention first in running it to earn income every time.

Well its true regardless of your age you can start investing in bitcoin as long as you truly understand the nature of cryptocurrency. However dont put all your savings in it because no investment has a 100% guaranteed money back it has risk so better to be extra careful.

[teejaymuna]

Until you are dead, it's never too late to invest in cryptos. You can get unimaginable returns even within a year. I do hope  it's BTc when you decide to invest.

[BitBite5]

Why it would be too late? That would mean that cryptocurrencies are reserved only for young people and that older ones don't have the right to profit or not capable of and that is not true. So everyone who gets enough knowledge and interest about bitcoin and other cryptocurrencies can start investing and using them.

[minisegway]

Remember it was like in the 80's, if you found this age in America was such a precedent that every 2 US residents did invest in shares of the company that existed only in words. Here it may turn out that there will be a similar situation. Therefore I think elderly people should not involve in this train chases for money, let them live quietly and do not get nervous about their money.