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

[Sithara007]

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.

Old people may be having difficulties in understanding the concept of digital currency. They are used to physical assets during almost the entire duration of their life, and suddenly they are hearing about digital assets. Also, they may be more worried about the scams and ponzi schemes. To be honest, I was thinking that Bitcoin was a ponzi scheme, when I first heard about it in 2011.

[Thasins61]

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 too late for jumping on the crypto train. prices is high also fee. you can’t make 15,000 in risky thing like bitcoin also it is hard to rise from 15,000$ to 15,000$  next year which make any real investment better than bitcoin.

[coynedterm]

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?

In the field of cryptocurrency , no matrers that what you are , no matter that how much you aged , no matters how you have luck .
Here matters only the better descion and better timing to make investment  i.e knowledge plays an important role to have big earnings and big losses .
Here I myself in this field since 2013 , and now at present time my earnings gets started in better amount , that is what I gain knowledge in this field to amke trading perfectly and another thing that I seen is that perfect timing to make investment Because to get late to invest in anything is really a stupid thing .
So here I would like to advice that go for the jump in this field instead to wait for perfect time .

[Hobo66]

Its never to late to invest in crypto because the price always keep
going up, I see bitcoin price is going back up to $15k due to the
investor, the price was falling also due to allot of user cashing out funds.

[deddod]

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 be able to invest in cryptocurrency.
So in my opinion you are not too late. Invest now and hopefully you can take a big advantage later.

[gorodi]

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?

Many elderly people successfully master computers and some new hobbies and I think that if they wish, they will be able to successfully learn the crypto currency and get a good profit.

[andrei56]

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.

To those people that were fortunate enough to be able to retire, something that most of my generation in my country will not be able to do, the last thing they want to keep doing is to keep working they just want to enjoy their life and live comfortably.

[arief89]

It is never too late to start, even if it is old to invest in Crypto, because it is for our future, even if it is old there are wives and children who will feel the results.

[Markzuckertion]

Not so, since the increasing price of bitcoin is very significant. It allow people to gain profit from bitcoin. Although it will be better if we start investing while we're young because there are plenty of time to grow our money.

[Kezio]

It depends on the capacity of each individual to grasp how investing in blockchain works. With this condition it's never too late, but if that person cannot understand the technology behind that investment, it doesn't really matter if you're old or not, the best move is to not complicate your life with this such an issue.

[Md Saad]

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 don't think so. for me, Bitcoin has started its journey in recent time so that it will go a long way. that's why anybody can join in this platform anytime. if an elder people wants to join here then he or she must take this initiative as early as possible because of the price is increasing day by day.

Not only the price is a matter but also the demand of Bitcoin is increasing at a high rate that's why it's the high time to grab it as much as you can.

[btccointalk]

I think if there is nobody else to look after his investments after him, I would suggest not to enter in because when he will invest he need to wait for sometime for better returns. He may not have that time.

[TiffanyLien23]

Others can say it is too late but others can say it is not. But for me, it's hard to really understand the world of bitcoin especially in older ages. It is different from the system of their understanding. But if it's not quite old and still able to understand the world of bitcoin, why not. He can choose on trading. It can be used to get involved in the bitcoin industry.

[Alex Khvatov]

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?

My wife and I are invested in cryptos (we are about 25yo), as are our parents (about 50yo). But the first one to invest in my family was actually my grandma (with the help of my parents), buying Bitcoin at $8k USD / BTC in October.

The elderly definitely have a chance to jump on the crypto train, especially if there is someone to help them! As for risk - the elderly are just like any other adult... some can afford to invest and potentially lose a portion of their money, while others can't. It all depends on an individual situation, I wouldn't group varying circumstances into one lump by age.

[Bakemat]

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 depends but for me it is not too late to the elder people who use the bitcoin because they can gve to their grandchild. And if you know that you're not near to the dying you used it as to less hassle inghe transportation but just find online shopping in the internet and then orfer what you want to order and they can delivered it to you.

[Ray3z]

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?

Cryptocurrency investment is risk for all age. It is not only risk for old people.
If anybody has retired and want to invest in crypto, i think it is not bad idea. They can just invest and hold it because thats the simplest strategy.

[rainezerr401]

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?

In that case, You should work on bounty campaigns to earn more money. Investing is not always the choice, Even though your'e old, You can still work on bounty campaigns at home. This is the reason why bitcoins can save people from poverty, Its because ico's are giving the way for other people to have a job to do in their house.

[Mohamme]

I want to invest in crypto money will never be old, when you can understand the cryptocurrency, then it means your thoughts and the footsteps of the young people, bless you, my friend.

[cryptosifu]

You're never too old to invest in cryptocurrencies but if you've never touched a computer in your life, I wouldn't recommend it.  

[The Alchemlst]

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 specially if you are going to invest to altcoins because they still grow fast compared to bitcoin but still both are profitable in a year or two I think investing at younger and older age has different advantages and disadvantages what matter is you do something and start investing whenever you can.