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Author Topic: Too late to invest in cryptos if you're old?  (Read 5854 times)
hachiman13
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January 15, 2018, 01:46:42 PM
 #641

There nothing really stopping them from investing in cryptos however, imo, old people should just enjoy the rest of their time. Investments like bitcoin and some alts (with the exception of pnd coins ) take tremendous amount of time to be profitable and by the time they would've use their profit for their whims, it might be too late.
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honeyira
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January 15, 2018, 01:50:46 PM
 #642

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?


Investment doesn't measured by age. Any age as long you are able you can invest. I just reminded of the story of the KFC he became successful when he invested his retirement benefit to a business. Look at now KFC.
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January 15, 2018, 02:50:13 PM
 #643

I believe it's for all ages, but it depends on how much you want to invest. I think the amount of investments is not last money, it's the amount you do not scared to lose
katrimans
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January 17, 2018, 06:01:00 PM
 #644

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, the question is different, is it worth it? no one can know how much the risk is great. If bitcoin continues to grow further, then there is nothing to worry about, but if it falls in price then not only the elderly, but also young, there is no sense to invest.
Exactly there is nothing to talk about how much old you are.
It is just the need to time that everyone must come to know about these bitcoins so that when they are in the next generation they can easily maintain the decorum of financial world. As far as old people are covered, there is nothing bad in it that if these old people have time and concern, they must to do this.
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January 17, 2018, 06:10:13 PM
 #645

If the person is interested in crypto currencies, it is never too late. He could just buy some cryptos for fun and hodl for a year or more. If there are winnings after that time he could accumulate or take the money and travel the world as long as he can do it.
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January 17, 2018, 06:20:33 PM
 #646

Investing in cryptocurrency will never depend on age. You may be young or old but i think the point is you invest now so that it will already prosper in the future.
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January 17, 2018, 06:27:39 PM
 #647

I think it is not too late to invest in cryptos if we are already old.
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January 22, 2018, 01:03:29 AM
 #648

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?



Stick to cryptos with intrinsic value since they can never hit zero, just like commodities. The closer to the floor you pick them up, the greater your upside and the lower your risk.


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January 22, 2018, 01:42:50 AM
 #649

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

its not too late to invest when your already old if it was your first time to know what about bitcoin, never too late because as far as i know everybody deserves to know about bitcoin and to know how to invest in bitcoin, even the young one if they know about bitcoin they can invest on it.

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January 30, 2018, 01:38:40 AM
 #650

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..
There is not an age limit to invest in crypto but the more time you can invest the better the benefits you can get, this is true for stocks, gold and this is true for bitcoin as well, but even people that are young and could in theory hold for many years chose not to do it and prefer to become traders which is not the best way to make money, and since they do it with without any knowledge about how hard it is to get profits in trading they lose their money after just a few months.
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January 30, 2018, 03:05:51 AM
 #651

Investment will never be late, as long as you have the principal, but profit will be less.
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January 30, 2018, 08:55:13 AM
 #652

Never is to late to invest in bitcoin this is probably the best thing that ever happen no matter now old you are. If you have some mean to invest then do it price will just go up not down and probably if you are old you can latter give this to your grand kids and say what it is and how to use this.




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January 30, 2018, 09:09:12 AM
 #653


Progressive elderly people also follow the development of high technologies. Every old man who wants to gain new experience and improve his life is never too late to invest in the crypto currency. For them, this adrenaline and the extension of the quality of life.
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January 30, 2018, 11:27:55 AM
 #654

who is retired, living off pension and savings shouldn't invest bitcoin . Invest in bitcoin very risky with old people Cry
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January 30, 2018, 11:37:19 AM
 #655

I don't think it's too late, because the cryptocurrency market is just a new market.
So there are still a lot of opportunities, you can invest in cryptocurrencies, but note that there's a lot of risk in the cryptocurrency market,

Kachievskiy
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January 30, 2018, 11:43:25 AM
 #656

If you have money you can invest in Bitcoin but are going to have a profit ? Personally I don't advice new investors to invest in Bitcoin because it is very risky today with the big raise which can be followed with a big drop.
There is many cryptocurrencies increasing today you can invest in, such as e-Bitcoin, Etherium, etc ....
Joylee
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January 30, 2018, 11:48:28 AM
 #657

Of course not. Crypto investments are opened to all ages. It is a democratic way to invest, but that, of course, requires some studying before to enter in this market
carlisle1
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January 30, 2018, 12:46:48 PM
 #658

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?

theres nothing can stop you from joining this forum,and crypto requires no ages to participate and invest here.as long as you are capable on analyzing and researching the market flows and the coins inside..i guess everyone is qualified exploring cryptocurrencies..and besides this is not a place for children.this world is for mature and broad minded person only
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January 30, 2018, 02:12:52 PM
 #659

Bitcoin plays a very important part in my life. I always gain profit from it and it always impact positive on my life. With bitcoin its become easy to earn money. Now i don't need any part time job for extra income. I am doing my real job and concentration on bitcoins. That's my view of investments with bitcoin and its never too late even if you are old.









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jakoylantern
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January 30, 2018, 03:31:38 PM
 #660

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?

For me, it will not be too late to invest in cryptocurrency if you have money and resources, gaining bitcoin doesn’t require an age. Yes, you're old, but if you the power and ability to manage your investment, so it means that you are not too late about it, especially if you have plenty of money and very good at finances. In all investment, there is a risk on it if you will be successful or not. But like I said if you are excellent on it, it will never too late. I’m sure that if you have that capability to do it, you will be wealthy in a couple of years. Smiley
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