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Author Topic: Too late to invest in cryptos if you're old?  (Read 5855 times)
furry04
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January 08, 2018, 10:43:41 PM
 #461

if those elderly people are in search for something more attractive in their life I think it is just the right moment for them to invest in markets and have a purpose to wake up.
zedrickjuls
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January 09, 2018, 02:14:21 AM
 #462

of course not
absolutely not late
this can be seen from the dynamics of growth

I think there is no age limit in investing cryptos even you are old enough as long as you have knowledge how to manage your investment.Afterall bitcoin has no qualification joining in crypto world.

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josephpogi
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January 09, 2018, 02:29:35 AM
 #463

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 we should need to know that it is not too late to bought some bitcoins because bitcoin now is  still increasing so we need to invest now so someday  they dont regret even the value of bitcoin now is too high i have more confident that it will increase more because bitcoin is limited only so demand will go high if it happens and the price will go up too.
Maryqueen Finez
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January 09, 2018, 02:34:42 AM
 #464

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 humans have their own time zones and for me it's not late for them. They need to do is to study it or to find a trusted person (relatives or family members) which can help them with transactions in tradings and for buying potential coins. We all have change for Crypto and get rich someday and to hit our goal and dreams. Be smart, Be patient and humble.

BungaTulip
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January 09, 2018, 02:52:20 AM
 #465

I don’t think it’s too late to start join in btc now. But, he needs more effort to understand it.
Rodrigue
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January 09, 2018, 02:56:53 AM
 #466

In the world of Crypto there is no such thing as too late, while you still have a desire to invest, you just need to be more active to understand this Crypto world.Right now, buying and selling BTC is much easier than ever. As a first step, create your Bitcoin wallet. As the name implies, this wallet is a digital account that makes it easy for you to buy, store, and sell BTC. Think of it like your universal checking account. However, unlike a checking account, making a Bitcoin wallet is usually less than a minute, can be made over the internet, and quite easy to do.
nightfury
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January 09, 2018, 03:18:10 AM
 #467

Definitely not too late to invest since bitcoin is volatile in nature. It can give you real profit within a short period of time be it a couple of hours, days, weeks or so depending on the amount of money you pour in on bitcoin. But the thing that's late for sure is the time you are going to spent the benefits that you got from bitcoin and i think you will never enjoy it anymore if you're already old.

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L00n3y
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January 09, 2018, 03:34:35 AM
 #468

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?

Is there ever a rule in the crypto world that elderlies are prohibited from joining and/or investing in it? there is none. Anybody who has the capacity can join and it is never too late to join.
amishmanish
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January 09, 2018, 03:39:20 AM
 #469

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 the elderly have the best chance with it.
First, you have a lot of time at hand to evaluate all the ICOs, airdrops, bounties coming in here at BCT. Secondly, you have time enough to read through the forum and get knowledgeable about a few ideas and platforms. For beginners, purpose of blockchains, wallets, tokens.
Various algorithms and their differences like PoW/ PoS.
Other technologies like Ethereum, DAGs etc.

Join the communites and get active by sharing your views and experience.

As a retired person, you may also have good credentials to bank on, experience and a few junior members of your clan to rope in for campaigns and referrals. If done in a non-scammy, sincere way, I think crypto can be great way for someone old and willing-to-learn to earn a good old age and leave a nice fortune.

Just jump into it already Grandpa!!
amishmanish
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January 09, 2018, 03:41:45 AM
 #470

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 the elderly have the best chance with it.
First, you have a lot of time at hand to evaluate all the ICOs, airdrops, bounties coming in here at BCT. Secondly, you have time enough to read through the forum and get knowledgeable about a few ideas and platforms. For beginners, purpose of blockchains, wallets, tokens.
Various algorithms and their differences like PoW/ PoS.
Other technologies like Ethereum, DAGs etc.

Join the communites and get active by sharing your views and experience.

As a retired person, you may also have good credentials to bank on, experience and a few junior members of your clan to rope in for campaigns and referrals. If done in a non-scammy, sincere way, I think crypto can be great way for someone old and willing-to-learn to earn a good old age and leave a nice fortune.

Just jump into it already Grandpa!!


Also, if you'd really like it, I'd be glad to share what i know on PM. I sincerely think that crypto has the potential to be life changing for anyone willing to invest the time. Its meant for people who want to, but don't have the avenues to create wealth. Ordinary people like you and I.

Of course, no guarantees, but hey, its always good to try in this one life!
earl07
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January 09, 2018, 03:57:38 AM
 #471

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 not a hindrance for everyone to be part or to invest in crypto world.Digital currency is open for everyone all over the world,theres no rules prohibiting the old ages to adapt or be part of the new civilized technology. Despite of being old some of them might have a superior knowledge of the process or have a strategical way for investing than minor have.Still its not too late for them to embrace the on demand currency,either bitcoin nor alternative currency.

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miakhanifa
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January 09, 2018, 04:20:38 AM
 #472

Nothing is too late in the investment world, even if the person is old.
As long as there is willingness and willing to learn and there is great intention to struggle I think investment does not know age.
lincolnmad
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January 09, 2018, 04:25:29 AM
 #473

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 restrictions on cryptocurrency though, don't care if you are old or young, everybody can use bitcoin and it's not late. It's better late than not invest anything. You still can earn profits on crypto if you invest your money into cryptocurrency right now.
ardyology
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January 09, 2018, 04:26:16 AM
 #474

No investment is too late but I would like to say that it will of course be limited. Maximizing your earnings in crypto is all about time and patience. If you know how to harness those then even if you are not millennial you can totally get yourself a life with cryptos. The potentials are endless and the possibilities are limitless. A little research would really help and of course, it's better to turn off your humanity when dealing with cryptos. hahahaha

wiser
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January 09, 2018, 04:37:21 AM
 #475

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 invest in cryptocurrencies, but the standard advice definitely applies in your situation: Only invest what you can afford to lose. You don't want to put funds that you are living on into this. However, if there is some kind of luxury good that you spend money one--things like eating out, going to movies, buying coffee at Starbucks--you could give up the luxury good and invest the money you would have spent instead.

Also, you definitely will want to look beyond Bitcoin. There is a coin called DMD Diamond which is meant to be a store of wealth. If you have 200 of them (ideally, but works with less as well) and you keep your wallet unlocked for staking, those 200 DMD will "mint" more about once a week on average. DMD would be a good coin for you to pick up on a weekly basis (with money you would have otherwise spent on something you can give up) and just hold onto.
notyours
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January 09, 2018, 04:48:52 AM
 #476

Well i don't think so, as long ass someone has a background or knowledge about online market and cryptocurrency despite his/her age is he can still be part of investing into crypto. All we need is an investment and knowledge about it for us to be a trader. Or maybe we can help them invest into crypto by entrusting to us their money and engage into the crypto world.
freshm4ker
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January 09, 2018, 11:43:49 AM
 #477

By 2017 is a very big year for bitcoin and crypto. It's never too late even the right time to invest in bitcoin, if only you had the money to buy it. Bitcoin is meant to be profitable when invested in the long term, I tell you before you invest better in the world of crypto now.  Cool
overthetop2011
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January 09, 2018, 12:11:53 PM
 #478

The crypto industy is still young , I think It is not too late to invest the industry.

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focmere
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January 09, 2018, 12:24:00 PM
 #479

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?


Even if you have 50-60 it's not too late, Bitcoin and the crypto market is going up so fast that's gonna be really easy to make good money in 2-3 years. Make sure you live that long .Smiley
Geljames28
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January 09, 2018, 12:51:30 PM
 #480

Yes it is risky. But i think its not too late to invest in cryptos if you're old, as long as they understand how it works.
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