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

[kabelpeggek]

certainly not, but if investing with bitcoin using their pension money, it would be very risky
because at an advanced age, they will not be able to work hard anymore if for example they lose their assets due to bitcoin investment, and preferably elderly person if you want to invest with bitcoin, asks a younger person, and understands bitcoin to keep his investment

[Walrus1]

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 depends on your status. If u are covering all your bills and have extra cash, go for it. Just remember u will very likely experience significant drops at times. These will come back, historically speaking, if you don't have the stomach for volatility stay away

[colmenajose]

It is never too late to invest, much less in a currency such as bitcoin, which generates profits in such a short period of time. Also for a person of advanced age, I consider it healthy to be focused on researching and reading on this subject.

[washintonexchange]

Actually, It's not true even cryptocurrency is not started yet, 98% Institutions are not invented yet! 99% peoples don't know what is cryptocurrency and how it works.

We need some powerful project on blockchain before booming crypto market.
It takes 3-4 years to start the real market.

[Ahimoth]

It is never too late to invest, much less in a currency such as bitcoin, which generates profits in such a short period of time. Also for a person of advanced age, I consider it healthy to be focused on researching and reading on this subject.

It's not too late to invest no matter what age. If you think you still haven't achieved your financial freedom, and been wanting to, then it's time to start. It will only be too late when you would delay it any further than now. But of course, right now, invest only what you can afford to lose.  Study and do some research to be able to invest smart.

[Pegiz]

Of course, older people can invest in bitcoin, but this is a very emotionally charged activity, and people should be ready for it. In addition, despite the fact that you can earn money quickly on the crypto currency, it all takes a certain amount of time. This, too, must be taken into account.

I agree. For older people stress can be detremental, and investing into cryptocurrency or other assets - is always a big stress, especially if that money was very important.

[Milletsky]

Age doesn't matter when it comes to cryptocurrency investments as long as you are able to read, understand , willing to accept the pros and cons and able to do the funding.

[SeniorRalap]

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 investing in bitcoin has a lot to do with age. Now you can invest in bitcoin, and it's doing very well, and more people are investing in bitcoins, and they think that bitcoin can bring them wealth.

[oyraaaaa]

I think it doesnt work that way. Bitcoin doesnt care whether you're old or young. You can invest in bitcoin even you are a student, a working individual or a retired one as long as you can read, write and count. There's no limit in bitcoin just give your trust on it and take risks and believe.

[JillClarissa]

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 it's too late. Now bitcoin is developing very well, and it's still possible to make a lot of money in the future.

[ChiBitCTy]

First off please consult a financial professional and NO ONE on this forum for such advice.  

If I can ever help anyone who's foolish enough to not do so I will..as I've spent many years becoming licensed to be able to do so.  First off you need to look at your overall picture first.  Is your pension / retirement well established? Meaning..is it guaranteed, are you diversified etc.  If it is, and you're truly sure of such..sure why not use some of your "extra money" (if you don't have "extra money" established for each month to spend on whatever than don't buy bitcoin) to buy Bitcoin or another cryptocurrency your believe in.  Just know like many investments it's risky..more so than most in fact.

[changcloy]

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 not too late for the old ones to invest in crypto as long as they have knowledge about how to use the new technology and they also have an idea about crypto. What makes them hard if they will jump here and nobody can assist them or can give them proper lesson about this.Its hard to invest into something which you don't know nothing.

[paulo29]

There will never be a a time preferences in bitcoin or in crypto currencies, for as long that they can decide, still can work and has self-worth they can work on this digital currency. The best to do is to educate them on crypto currencies for them to be productive and can earn for their lives to sustain as they grow older.

[websoftwareengineer]

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?

Investing immediately is not necessary if you do not have enough money. The best thing to do is work on bounty campaigns because the value of all the altcoins today is based on ethereum but what i really meant to say is, they are paying a decent amount of altcoins after the end of sale and you can use the coin that you will earn to trade or hold.

[mel1978]

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 guess there is no age limit in investing as long as you are interested and have researched about the investment that you are planning to in it is good to do at least you knew about it and have enjoyed what you are doing.

[tetyulfania]

Some people have the money from their work and they are to old in their live, but it not will be late to invest their money in bitcoin, they have their children and when some day he was pas away he can give their bitcoin to their children and their kid, what for we save all of our money in the bank, but we don’t have something give me profit, so it will be better to save our money in bitcoin system.

[nightxglow]

I don't think bitcoin investment has something to do with age.
I mean, bitcoin is universal, everyone can buy and invest in it no matter how old they are. What they need is only money, internet, and proper knowledge about crypto world.
The problem is that not all old people understand about technology, so it may be kinda hard for them to follow up but if they really intend to invest and want to know better, i don't think there will be a problem.

[max65]

It is not late to invest in cryptocurrencies if you are old.Atleast if there is age limit.

[ninabobo]

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 not too late to invest in crypto, crypto does not specify age, old or young. the most important to know and have a lot of knowledge and insight. this is the most important part.

[hermada]

It's is never too late, until mainstream adoption the possibilities are endless.