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Author Topic: Too late to invest in cryptos if you're old?  (Read 5861 times)
Scavagers
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December 31, 2017, 03:14:28 PM
 #361

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 is not a bad idea to teach bitcoin to elderly especially for those who are retired. It is actually good for them because even if they are already retired, they can still earn money aside from the pension that they are receiving.In this manner,they can earn lots of money and sustain their living and also they can buy whatever they want. It can be also be a past time for them because they do not have a job already.
micher143
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December 31, 2017, 03:19:03 PM
 #362

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.  Smiley
The founder of KFC is one of the best example to prove that ages is not an excuse for us to closed the opportunities that older people might have in terms of business or investments. For me age is just a number when it comes to investments because all of us has the same opportunities in terms of earning and having a good form of investments and time.
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December 31, 2017, 03:33:37 PM
 #363

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?


age is never a boundary if you have money everything can work no one will stop you if you slap them with cash everyone wants to live so whats wrong for wanting money?

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December 31, 2017, 04:01:51 PM
 #364

Not too late eventough I am old. Do btc no need a power just do our brain and attention if have profiy we can do travel around the world
TheWinnerBro
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December 31, 2017, 04:04:00 PM
 #365

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.
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December 31, 2017, 04:06:46 PM
 #366

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?

This is kind of risky and i wouldn't recommend any living on on their pensions and savings to invest all that they have on cryptos at the moment, the market is not stable and can take a turn at any given moment so i think they shouldn't do it but if they have a lot of money and are willing to take the risk then they should go on.
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December 31, 2017, 04:22:44 PM
 #367

i believe no matter what age we have, it does not matter as long as we have money and our mind functional to invest in cryptos, profit will come to us in the future because cryptos profit will rise more every year as long as we invest in top 10 coins on the market.

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December 31, 2017, 04:29:48 PM
 #368

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 is no word as late in crypto. Even elder people is always open in doing business in digital world as long as they are capable and knowledgeable in the things they want to do. If the elders are knowledgeable in the internet and they can access it then they always have a chance in crypto, since they have their pensions and they can invest in this kind of business.

nellakarisma
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December 31, 2017, 04:32:39 PM
 #369

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 I think gan investment in bitcoin for elderly people is also not okay ... to buy coin at a cheap coin price of pension money then he tube when the price of coin expensive then he sells not bad for added income ..
if he is afraid of forgetting or senile senwatir of course ask for help to children or sodaraya to guide him. if not afraid or kuwatir then do not need guidance or help of others .
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December 31, 2017, 06:02:34 PM
 #370

i believe no matter what age we have, it does not matter as long as we have money and our mind functional to invest in cryptos, profit will come to us in the future because cryptos profit will rise more every year as long as we invest in top 10 coins on the market.

Right. Age doesn't count for anything since investing in crypto won't require any physical aspects. If you have a capital, now matter what your age is, its ok to invest in crypto.


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thenameisjay
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December 31, 2017, 06:19:11 PM
 #371

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?


Age is just a number. One can always start something new inspite of the difference of generation or age. Interest always determines the winner here. If the elderly we would like to get them involved in cryptocurrency is truly interested to learn the tricks of the trade, then it would be easy to teach them.

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December 31, 2017, 06:25:41 PM
 #372

It is quite difficult to answer this question. Old people generally refrain from investing in high-risk assets due to two reasons. The first reason is that they are no longer looking to increase or multiply their wealth. The second reason is that they can't afford to take very high risk, as they are beyond the working age. If something goes wrong, then they will run out of money very quickly.
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December 31, 2017, 06:36:09 PM
 #373

Cryptos is for everybody, you can use it when you are young and old. Sometimes in the news are people who got rich from investing in Bitcoin. I have seen old and young people so it has not a age limit. You can start at a age of 16 or higher it doesn´t matter at all, but always check your laws before doing anything.

dupee419
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December 31, 2017, 08:56:52 PM
 #374

No it's not because no matter how old the age is you can invest in crypto because age is not directly related in investing age is just a number and if you think that you're late to invest because of your age don't lose hope you can still invest even your too old as long as you can invest in crypto it's never been to late
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December 31, 2017, 09:04:23 PM
 #375

Hey, I am 55 and I am full in cryptos and it rocks! Cryptos moves faster that the mainstream world, so age matters even less!

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December 31, 2017, 09:53:09 PM
 #376

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, theres no age limit if you want to enter crypto world. If he had a knowledge and skills then go. Its risky but if you believe in bitcoin then its a big change.

Oxydarck
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December 31, 2017, 11:50:45 PM
 #377

I guess that's not too late to invest in cryptos if i'm old because all the time cryptos prices increased a lot that's why it's not too late . I hope that i help you .

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December 31, 2017, 11:58:10 PM
 #378

When it comes to investment all peoe has the same opportunity if they really want to earn and to have a porfit out of Bitcoin my for me it is necessary to be new in the process of system body Bitcoin because in reality Bitcoin is quite new in the system of transaction so it is up to us to lean and to educate ourselves on this process.
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December 31, 2017, 11:58:56 PM
 #379

i believe no matter what age we have, it does not matter as long as we have money and our mind functional to invest in cryptos, profit will come to us in the future because cryptos profit will rise more every year as long as we invest in top 10 coins on the market.
Keeping money aside for cryptos is a good idea but there are risks when investing in these projects,the top ten coins are good but some of the coins have already grown to new levels and hence the risk level will be huge,age is not a barrier to any form of activity ,but when it comes to investment you have to be careful.
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January 01, 2018, 12:23:12 AM
 #380

If u are living on a fixed income be prudent, btc is not guaranteed to increase your wealth. Use caution only put in what won't keep u up
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