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Author Topic: Too late to invest in cryptos if you're old?  (Read 5855 times)
minisegway
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December 31, 2017, 10:25:17 AM
 #341

I wanted to add something else. The fact is that investing in bitcoin alone is too risky. Since it remains too volatile and therefore the adult audience can be overworked and sold not where necessary. In this you need to understand well and be able to make the right purchases. Sales. In addition to everything there should be an objective way to enter bitcoin, but for now it remains too complicated

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.
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PPleaseman
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December 31, 2017, 10:28:43 AM
 #342

Hello. You are never too old to do anything in life. Cryptos seem to bring a lot of return (at least in 2017, lets cheer 2018) and you will learn a lot of great things. Just looking at the Ethereum blockchain visuakization, fascinating.

Cheers
BitcoinThief
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December 31, 2017, 10:29:02 AM
 #343

Nope  Cheesy
emezh10
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December 31, 2017, 10:31:29 AM
 #344

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.
Age is definitely not a factor on investing on cryptos like bitcoin, But more of an option. There is nothing wrong on trying to invest some of the fruit of your labor on cryptos, besides there is no age limit on investment, unlike looking for job. This serves as an opportunity for our elderly to become functional citizens even if they are already retired with the promise of a return they can have in a shorter period of time.
Washball
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December 31, 2017, 10:32:08 AM
 #345

You're never too old too learn. With age comes wisdom, at least in some cases. Older people are more experienced and have more patience. With all their experience they should be wise enough to know whether they should step into the crypto world. Of course it depends on the person, old or young, if he or she is capable to handle this new technology.

Xenophoto
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December 31, 2017, 10:35:26 AM
 #346

It's not that it's too late. It's just that you might be dead by the time that you are able to make money from bitcoin. It might seems that the price is good and that you're going to make money from investing in bitcoins in just a matter of months. But we still don't have any assurance. The people that have invested in 2012 at the price of $1200 had to wait for 5 years just to get profits. When you're old, though, you don't really care about waiting but you have very limited amount of time left in this world. What you should do is just pass on your bitcoin investments to your kids or to their kids.

The risk that you are taking is just the same no matter what age you have. People don't care where your money came from. You might have accumulated your money by killing people or scamming newbies from the Internet. The risk that you are about to take will be the same no matter what. We will all be playing the same game. We will be playing in the same market.

MWesterweele
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December 31, 2017, 10:40:27 AM
 #347

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.
There's no age limit when using bitcoin even you're old or too young as long as you have basic knowledge in cryptos, you can use, have and earn bitcoin. It is to late if you miss the chance to use when you have time and don't waste your time to thing not important to you.

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codpku
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December 31, 2017, 10:57:58 AM
 #348

There's no late in investing
If the money you got from investing not for you, you can left it for your wife, son or grandson maybe
How cool you are if you left bitcoin for your grandson someday

Sum24
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December 31, 2017, 11:08:50 AM
 #349

I think, It's never too late or too early. The important thing is to understand what you invest. Does BTC outperform the stock market over the next 20 years?
If you think so, then definitely not late at all...
Everyone they need money it don’t matter how old are you and bitcoin is for every one either you are rich or poor you are young or old because bitcoin is the only currency which can be used by any one even house wife’s are using bitcoin so never think that you are old you can use bitcoin any time any place and can use it for your daily expanse I’m also teaching bitcoin to some old people bitcoin and they are very busy with it.
Hirameki
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December 31, 2017, 11:12:35 AM
 #350

I think, It's never too late or too early. The important thing is to understand what you invest. Does BTC outperform the stock market over the next 20 years?
If you think so, then definitely not late at all...
Everyone they need money it don’t matter how old are you and bitcoin is for every one either you are rich or poor you are young or old because bitcoin is the only currency which can be used by any one even house wife’s are using bitcoin so never think that you are old you can use bitcoin any time any place and can use it for your daily expanse I’m also teaching bitcoin to some old people bitcoin and they are very busy with it.
I think as long as you have the money to invest and the will to learn about cryptos then your not late. You just need time to study the industry and learn analysis of its market to maximize the profit you might get.

Weldhers
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December 31, 2017, 11:44:23 AM
 #351

Of course not, everyone is entitled to success whether it is in old age too .. many people who find success in his old age
let alone succeed with bitcoin all can happen quickly because bitcoin price will be on hold up even up to $ 1000
iryboy
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December 31, 2017, 12:02:15 PM
 #352

I can only wish I'd know it in 2012  Sad But no worries I still have some time if God permit  Wink

hellbrowncat
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December 31, 2017, 12:22:26 PM
 #353

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.
I completely agree. The crypto market is just beginning to gain momentum and now there is a good opportunity to earn
hellbrowncat
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December 31, 2017, 12:27:48 PM
 #354

I think, It's never too late or too early. The important thing is to understand what you invest. Does BTC outperform the stock market over the next 20 years?
If you think so, then definitely not late at all...
Everyone they need money it don’t matter how old are you and bitcoin is for every one either you are rich or poor you are young or old because bitcoin is the only currency which can be used by any one even house wife’s are using bitcoin so never think that you are old you can use bitcoin any time any place and can use it for your daily expanse I’m also teaching bitcoin to some old people bitcoin and they are very busy with it.
I think as long as you have the money to invest and the will to learn about cryptos then your not late. You just need time to study the industry and learn analysis of its market to maximize the profit you might get.
That's right. The market needs to be studied and analyzed and the better you get it the more profit you get
DarcyFrM
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December 31, 2017, 12:34:46 PM
 #355

In fact, investment is not directly related to age. Some people have been insisting on various investments after retirement, because some people regard investment as their hobby.
davit putra
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December 31, 2017, 12:41:51 PM
 #356

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 bitcoin investments, I do not think age has a significant effect. Invetations can be done by small children, adults, or parents. I guess the investment for the old man is not too late but it is better, because he will get the income.

normanz
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December 31, 2017, 01:15:48 PM
 #357

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 not too late to invest, even if it is old, some of the pension fund can be used for investment, it will earn passive income. I guess for old people it's nice because their condition does not allow for heavy work, switching to bitcoin I think the solution is right.

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December 31, 2017, 01:29:54 PM
 #358

That's not too late, just look for a new projects and coins. For exmple, LiteBitcoin project will be listed soon on exchanges and it will pump ( maybe). Just my thoughts.

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December 31, 2017, 01:33:19 PM
 #359

No it's not too late if anything it could provide you with a good hobby in your retirement. I would also advise you to keep your trusted nearest and dearest in the loop incase something was to happen.

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December 31, 2017, 02:50:55 PM
 #360

I think cryptro invest has no bounds no age also. If you have merit about cryptro currency and if you have vast knowledge about this market you can invest but not to hear any other words who influence you.
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