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Author Topic: Too late to invest in cryptos if you're old?  (Read 5862 times)
crypt0heaven
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January 04, 2018, 10:39:26 PM
 #441

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?


We are most likely heading to a 10-15 trillion dollar market cap, so the answer is no.
coinoberg
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January 04, 2018, 10:53:47 PM
 #442

NO, it is not too late. Age is nothing. Knowledge is everything.

That is a good motto. It has nothing to do with age. As far as you can use your computer, you are welcome to crypto currency world. only thing you should be aware of security as there are a lot of hacker attacks.

Choyor
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January 04, 2018, 11:48:38 PM
 #443

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's never too late to know Bitcoin or invest it as long as we understand how Bitcoin works, but it would be better if we know Bitcoin and use it early, because the concern is that one's age factor will affect the person's performance so that his work is less than optimal. that's my opinion.
Yanisumin
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January 04, 2018, 11:49:10 PM
 #444

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 seem quite to understand why age is considered to be a hindrance in investing cryptocurrencies, maybe they are old enough to invest but some of the people who are in here in earth have the most money and the only problem that I'm seeing here is if they are willing to invest their years of work into something that they barely understand. Adults (most of them) don't understand the blockchain and their mind is limited by just what they are seeing nowadays in the present system, that's why most of them are anti-crypto without even learning what crypto is.
Its like saying to your grandfather a language he don't understand.
Investments are for generations to generations, and you will pass it on to your daughters or granddaughters, that's why algae is not a limitation in investing cryptocurrencies. It's not a matter of whether he will taste the fruit of his own investment, as we age we intend to care for the next generation than to ourselves and we must remember that.

catchemcrypto
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January 05, 2018, 12:04:45 AM
 #445

Age is not an issue here. What if that old person knows how trading happens and is actually good in it. Perhaps that person has even more experience in trading.
MakersONE
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January 05, 2018, 12:07:28 AM
 #446

Definitely never too late. My father did not know about the crypto currency several months ago, and I will say even more. He really did not know how to use a computer, and could only play World of Tanks, but did not understand the basic things, did not know what it means to copy - paste, what is a link and so on. Today he already uses his own computer and also watches the world of crypto currency, and already has a decent list of various coins that he earned himself during this time. That's it.  Cheesy
cybersofts
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January 05, 2018, 01:03:28 AM
 #447

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 never too late for any kind of person at any age or condition if he/she knows what they are doing. Cryptocurrency world doesn't have an age limit for the people than can invest. Anyone can do it from 8 years old kid to a 100 years old man or woman.
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January 05, 2018, 01:18:11 AM
 #448

Although your age is old, it does not mean you can not invest in serious things. Take advantage of more money to start investing home or land. Believe deh, sri year-on-year prices of homes or land will soar.

Seeing the many advantages that you can get by investing, then have you made a investment for a more prosperous old age?
Did you know that every age has a different investment.

Why is that?

Each level of age certainly has different needs one with another. Therefore, this is what distinguishes investment from every age.

In financial language, the term everyone needs based on age is called the life stage or life stage.

Where is your life stage position? Have you got to know your every need that will determine the type of investment you can take.
investment in cryptocurrency is the right way to your investment in there, because cryptocurrency not restrict the people who want to investment, although the age of you are still children, adolescents, adults, whether old all, there is no too late in cryptocurrency, Goodluck
bitfocus
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January 05, 2018, 01:22:50 AM
 #449

if you love to learn and read a lot - it's never late to invest in cryptos, age is not a barrier.
Sadlife
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January 05, 2018, 01:28:25 AM
 #450

It's never to late to invest in bitcoin as long as one understand how it works then they can do it no matter how old they are. The risk in investing to any kind of asset, resources is always there no matter how safe it is just dont invest your money you can't afford to lose cause you might lose it, but hopefully you dont.

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Nuky1289
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January 05, 2018, 01:30:29 AM
 #451

especialy for guys like u it could be a fast expanding and growing chance with higher interests than other investments

joan26
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January 05, 2018, 02:04:50 AM
 #452

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 there's nothing late for everything.
As what they say "better late than never" as long as they understand the crypto and know the advantages and disadvantage of it. Why not? Try their own luck for this one of a kind opportunity.
Ganerch
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January 05, 2018, 02:18:53 AM
 #453

For me there is no too late to invest in crypto first crypo is for everyone as long as you understand how it works then your good. Second investments doesent require age you can invest as long as you have spare money to invest. Lastly earning from crypto investment is fast so even if your old you can still get earnings from it.
ivakar
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January 05, 2018, 02:33:49 AM
 #454

It may never be too late. But I think that for such tasks human brain must be trained.
I am sure, that there must be certain skills for a person to understand the process of mining and trading. It's never too late to make money  Wink
p.s. I also want to add, that mental work is the prevention of such a disease as Alzheimer's disease
CryptoRothschild
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January 05, 2018, 03:19:59 AM
 #455

Not late at all, cryptos are moving fast, so it is a perfect tool for people who have less time Smiley I am not young myself and I have been sitting on traditional investments for decades without earning anything. Now with cryptos I am finally making some good money.

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January 05, 2018, 03:20:43 AM
 #456


it's never too late to start something, crypto is for the future investment in crypto which has a small price for now is the right thing, it could be in the future the price goes up
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January 08, 2018, 10:19:17 PM
 #457

I think age doesn't matter, as long as you know and you love what are you doing. People could then immediately gain revenue in couple of weeks dealing with crypto. Like when an elderly invest his money in a not famous altcoin then suddenly the coin increase its value a thousand fold within a month or two. So there could be an instant huge sum of money. However, if the elderly will start a small amount of money, this could be hard and may required plenty of time. At the end, elderly have experience having a huge amount of money, before they gone Im sure what they would like to do is to spend their live to the things that could make them happy.
People can gain money with crypto that is correct, buy they can lose money just as easily, things may seem to be very easy but most of the time that is not the case, you need to be smart and to study the markets before you can earn any amount of money on crypto.
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January 08, 2018, 10:33:26 PM
 #458

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 such age limit on trading this does not count anyway but the knowledge and skills on trading...  This is one good thing you can try if youre not working anymore its very convinient since you can do it at home.. Earning while at home is the very convinient way for mother like me so im happy ive known crypto and learn trading alone..
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January 08, 2018, 10:33:45 PM
 #459

age in the crypto world is just a number. But money and investments are not just a number, it is the most important thing in this field.
If you have money, can you invest in Bitcoin but will benefit? Personally I do not advise new investors to invest in Bitcoin because at this time it is very risky with large increases that can be followed by a big decline.
There is a lot of crypto that is increasing now that you can invest, such as e-Bitcoin, Etherium, etc. so old age may also invest with this crypto
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January 08, 2018, 10:37:25 PM
 #460

It is never to late to invest into the crypto-currencies market as there is still a lot of potential of growth in this market, obviously the earlier batch of traders stands to profit more from trading crypto-currencies as the price of bitcoin was much more cheaper in the past as compared with the rates at the moment.

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