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Author Topic: Too late to invest in cryptos if you're old?  (Read 5862 times)
ammo121810
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January 01, 2018, 12:54:24 AM
Merited by nesty (24)
 #381

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 not too late for elderly to invest in bitcoin for as long as you have the capital to invest and they understand what they are investing they surely can invest. I believe that there are still elderly who can cope up with the technology if they will effort to learn the crypto world they would succeed in investing.

Aristus
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January 01, 2018, 01:12:51 AM
 #382

I don't believe age makes matter for investing in cryptocurrencies. It is not about the age that gives right and chance for the investors, it's about chance and time for your interest.
Pintasak
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January 01, 2018, 01:44:47 AM
 #383

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 to late to invest in crytocurrencies.age doesn't matter.if you really want to learn things are possible and be brave enough to take the risk.If you have a goal to make your future brighter and easier

greenbitsgm
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January 01, 2018, 01:48:01 AM
 #384

I don't think so,investing in any cryptocurrencies requires no age limit so for the elderly is not too late for them to invest in cryptos either in trading,gambling or just holding,if they are retirees or pensioner then they have the money to do that and as a matter of fact it will be a good form of relaxation for them,it can become a form of hobbies to kill time for them as they have nothing to do in life.We just have to educate or show them how cryptos works.
Ronyx
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January 01, 2018, 02:18:11 AM
 #385

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?


Parents can also jump to bitcoin, to have bitcoin it does not need physical energy like work in a real job. From some of his savings can be used for bitcoin investment, in order to gain profits even though he has retired.

heninur
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January 01, 2018, 02:45:00 AM
 #386

It's not too late to invest as long as the person is ready to take the risks he or she gets while investing in Bitcoin and understand how bitcoin works because it's usually the parent's to find it a little hard to understand things related to the internet. .

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Geoll29
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January 01, 2018, 03:03:06 AM
 #387

It's never too late for anyone to invest in cryptos. Unless he knows he's going to die in a couple of days from now. Many have become rich within a couple of months so even if you're over 60 years and can still operate a computer there's still a chance for success. Just to be safe it's better to pass on your crypto to your loved ones so that they can reap the benefits in case you leave this world.

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January 01, 2018, 03:06:18 AM
 #388

I think it's not too late for this. But I think you need to now how bitcoin works, before any investment.

In addition, I think this is the beginning of bitcoin.
BlackRacerX
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January 01, 2018, 03:09:37 AM
 #389

It never is too late or too old to invest on bitcoins as long as you want to learn the system and you're willing to spend around 1 hour each day for trading. It never really is hard when you're trying to learn how bitcoins work as long as you are interested in it. There is no age requirement nor experience to get to know bitcoins.

gabbiee
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January 01, 2018, 03:16:18 AM
 #390

It never is too late or too old to invest on bitcoins as long as you want to learn the system and you're willing to spend around 1 hour each day for trading. It never really is hard when you're trying to learn how bitcoins work as long as you are interested in it. There is no age requirement nor experience to get to know bitcoins.
I agree, it is never too late to invest in bitcoin because the price or value just keep on increasing and whether you invest now or tomorrow you can guarantee that you'll have profit, but the longer you hold your coin the more profit you're going to get. As long as you understand the world of cryptocurrencies and how the system works your investment will grow.

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January 01, 2018, 03:25:30 AM
 #391

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 anyone has the same opportunity to invest in bitcoin, old or young they have the same opportunity and not too late to start investing

Suzan
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January 01, 2018, 03:27:46 AM
 #392

Every investment has its own advantages and disadvantages. There are advantages and risks to be faced. Everyone can invest n bitcoin, even if they are old or retirement.  It all depends on the person, he or she is willing and caninvest im bitcoin . I will teach, give understanding and guide him as much as I can. Then I return to him whether or not to invest here. So I guess it's not too late.

Kolly
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January 01, 2018, 03:36:37 AM
 #393

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 age limit to invest in any crypto currency especially the retirees they have money to do so.If they want their retirement fee to grow they must invest in crypto rightnow.

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January 01, 2018, 03:40:52 AM
 #394

Its not too late. Some without background in IT would be hard for them to understand, but I think they can catch up with a good teacher. They can still make some money, or invest in some cryptocyrencies.

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shinjunobi09
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January 01, 2018, 03:53:33 AM
 #395

I don't think it is impossible for them no matter their age they are unless those senior citizens who are no longer allowed to used any laptops or cell phone who have problems with their eyesight. I think it is possible for them if they are willing and are very much interested in earning money especially now that they don't have a job because they are already retired, this will be like their past time.

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January 01, 2018, 04:04:03 AM
 #396

It's never too late, if you don't want the price of bitcoin now, invest to those undervalued altcoins now. Still there are more profitable coin for now and you can hold that for long term. Research, read and read, ask everyone. It's never too late!

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brascopck
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January 01, 2018, 04:05:42 AM
 #397

It's never late to invest on cryptocurrency. Like the wiseman said "it's better late than never", there are still many opportunity on cryptocurrency, just invest on altcoin that you think that will become big, my advice is invest on Ethereum.
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January 01, 2018, 04:12:12 AM
 #398

The concept of investing in crypto has no old age, so if you can take the risk of zero, then congratulations, you can go into the cryptocurrency market and get the profits.

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January 01, 2018, 05:00:56 AM
 #399

It is good to buy bitcoin now if you are old or young it is not the problem but if you want to be successful in the future you must pay attention to the crypto side. Bitcoin is good to use it for trading and investment in the present time. it is time to invest in bitcoin and other cryptos in the year 2018. Other altcoins are also circulating in the exchanges ans people have good reserve of this currency.

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January 01, 2018, 05:08:29 AM
 #400

Its not about your age, its about your understanding of whats going on and your appetite for risk. Take some time to learn and when you are comfortable step right in. ITs never too late.

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