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Author Topic: Too late to invest in cryptos if you're old?  (Read 5862 times)
adriaymati58
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January 30, 2018, 03:34:03 PM
 #661

It's never too late to invest in cryptos. Just think...if you are old and you invest, you can help your family (children or grandchildren). It's nice to know that when you leave Earth your family has a good financial situation

The best is yet to come!
flyingplows
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January 30, 2018, 04:21:09 PM
 #662

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 a good time bacause in crypto you can earn big time in a short period. If you are old you might not have time to buy shares of a company and wait for 10 or 20 years for a company to prosper, buying the right crypto currency can make you money in weeks.

Rascar Capac
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January 30, 2018, 09:06:50 PM
 #663

Bitcoin is continuing to appreciate, if you think it's not late, if you invest now. Bitcoin can be down to $ 8000, if bitcoin down you invest again
julzcoinbit
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January 30, 2018, 09:16:24 PM
 #664

It's never too late to invest in cryptos. Just think...if you are old and you invest, you can help your family (children or grandchildren). It's nice to know that when you leave Earth your family has a good financial situation

I agree,  Its till never too late for those who want to invest in this time in crypto currency, especially for those old men that only depend on their pensions. As long as they're open minded and willing to be trained on how to invest in crypto. 
Dico88
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January 30, 2018, 09:25:11 PM
 #665

Actually there is, My neighbor there is a granny talking bitcoin to me. The grandmother wants to invest only 50 dollars for her grandchild but it's not too late but maybe the grandmother can not live to see the development of bitcoin but her grandson will enjoy the bitcoin heritage of her grandmother and I will give in detail the workings of bitcoin. Cool
ZZ8ZZ
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January 30, 2018, 09:28:56 PM
 #666

What kind of question is that buddy? It doesn't really matter if you're young or old, as long as you're interested in cryptocurrencies and you're capable of trading and analyzing them, then why not? Take my grandfather for example: He is 70 years old and most of the time he is on his tablet or laptop. However he doesn't like crypto trading at all and prefers stocks, but still he is capable of doing it and he has interest in this. If someone at his age is interested in crypto instead of forex, then why not invest?  Smiley
Coinlovertoo
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January 30, 2018, 09:36:12 PM
 #667

Well for me, it's not too late for them to join in crypto world.
There is no  age requirements in our industry as long as you understand and read what is the crypto all about.
Nerobasta
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February 02, 2018, 10:06:24 AM
 #668

For me age is never an issue when it comes to trading, I even know a person who’s already in their seventies who is eager to learn and to know more about bitcoin. I also see older people who now trade in crypto currencies which before they are also hesitant since they thought at first that it will be hard for them to cope up due to the fast changes of technology. So I can honestly say that it wont be an issue but as long as you have the mental capability to trade then its ok and not an issue, that is my view and answer on this question.
burnchan
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February 02, 2018, 03:05:43 PM
 #669

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 in investing in crypto. It really depends on the person's will to generate income and learn the system regardless of the age. In fact some retired people would want something they will be fond of because they used to work. So if they are the techy type of people, it won't be an issue to investment in cryptos like Bitcoin.
Gregoryxl
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February 02, 2018, 03:46:19 PM
 #670

Of course they have it, the important thing is that they can be fed a lot of information and good agents who can give you the best advice. When you are a beginner (regardless of age) it will always be a risk, what you should always take into account is to never look for debts in order to invest, that DOES NOT HAVE TO BE DONE.
ogini
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February 02, 2018, 03:51:23 PM
 #671

The price has really dropped as we speak so it is a good time to invest if one have the money to invest,definitely the price will increase again,and you can still make some benefit or huge profit.
ondabeat
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February 03, 2018, 08:35:23 AM
 #672

It's never too late or too early. The important thing is to understand and understand what you are investing in, Will BTC increase in the stock market over the next 15 years? If you think so, then definitely not late at all.
Blackwhite69
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February 03, 2018, 08:44:00 AM
 #673

It's never too late to invest in cryptos. Just think...if you are old and you invest, you can help your family (children or grandchildren). It's nice to know that when you leave Earth your family has a good financial situation

This is a very helpful thing for your family in the future because in old age you will also bequeath your treasure for your child and grandchild. So this is your great opportunity to make your family happy in the future.
Dididididawn
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February 03, 2018, 09:23:38 AM
 #674

Its not too late for old people to invest in bitcoin. But it depends on the person if he is willing to learn about bitcoin & invest.
Glutius
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February 03, 2018, 11:01:54 AM
 #675

It depends on the goals pursued by a person who wants to invest in bitcoin, even in old age. If he wants money to work and then become an inheritance for relatives, then there is nothing to worry about - the main thing is that heirs can manage with bitcoin. But if an older person wants to earn money on this, he needs coins that quickly gain value and which can be easily sold.

Marucya
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February 03, 2018, 11:18:26 AM
 #676

Is it too late to invest, and is it worthwhile to enter the market and invest in the crypto currency, if you are old? This is the main question that the old people need to answer.
Paradoxically, it is precisely the rapid rise in the price of bitcoin that attracts investors' attention to it, but at this very growth there are the greatest risks. After all, after take-off there can be such a precipitous drop. Older people should weigh the pros and cons. This is a game that carries a lot of emotional outbursts. You need to have good health or everything philosophical.
dhka
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February 03, 2018, 11:18:31 AM
 #677

I do think so, old people mainly is too strict to change. Crypto's extreme volatility doesnt really suit them. Just imagine they will be having a heart attack just because seeing the market crash like we are experiencing right now LOL

nalaiqpaanda
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February 03, 2018, 11:22:34 AM
 #678

Not at all! Old is a relative term anyway, and if you're looking for a starting point, why not give this review a read: https://www.linkedin.com/pulse/ico-review-rentberry-faheem-khawaja/

Great ICO to get in. Hard cap only a few days away.

Cheers!
rtm125
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February 03, 2018, 11:23:41 AM
 #679

If a person is old, but smart, he can engage in this activity. Investments in longevity are not very relevant for the elderly, but they can try themselves in trading on the stock exchange. This is risky, but it allows you to make a profit immediately.

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assyla
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February 03, 2018, 11:26:39 AM
 #680

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, there is no word such as late in investing bitcoin. Everytime is always an opportunity that is always waiting for you to grab it. If you have an opportunity that you facing grab it and dont waste that moment.

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