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Author Topic: Too late to invest in cryptos if you're old?  (Read 5862 times)
Rossy Akbar
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April 16, 2018, 02:02:23 PM
 #961

Maybe an age is possible to getting old,  but for investing in bitcoin it will never old. If you thinking about your kids I think you will never give up,  at least you have something to save to your generation in the future.
vergel24official
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April 16, 2018, 02:05:07 PM
 #962

Someday our kids and Grandchildren will ask us why we did not buy bitcoin when it was only 5K.  Much like they ask us now why we didn't buy land at 200 an acre Smiley
missyqt29
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April 16, 2018, 02:10:07 PM
 #963

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?


Well for me, as long as they are still capable of using the computers or smart phones and they understand what crypto currency is, bitcoin will not discriminate any age. Bitcoin promotes anonymity so no ond will know your identity. Bitcoin is everyone that has patience and the boldness to invest and trade in the online economy.
Halcyon Days
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April 16, 2018, 02:24:13 PM
 #964

As long as they have some money to spare, which the elderly can afford to lose, there is no age limit to begin investing in Bitcoin. Of course, a proper research is necessary before investing all the money into something new.

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romandos86
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April 16, 2018, 04:26:52 PM
 #965

I didn't understand how trading on the crypto exchange and the age depend? You mean that people with a weak heart can get a heart attack? Huh
megynacuna
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April 17, 2018, 05:18:56 AM
 #966

Old age is not an obstacle, we can advise our retired relatives to invest in bitcoin. Explain to them, but do not force them to invest. Let those who decide for themselves whether to invest or enjoy their old age without interruption.

I would like to add that old age in any way doesn't make it too late to invest in cryptocurrencies because most of the billionaires in this world are already past 60 years  and 70 years yet they still have investments going on in one cooperation or the other and they still keep making profits so i don't think bitcoin investment should be limited by age at all besides you can even will them to your descendants if you happen pass at any time.
glowing10
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April 17, 2018, 05:20:26 AM
 #967

No, investing in the older age can and is even necessary. Firstly, do not forget about your family and children, who then can not be in anything because of your investments, and secondly, you yourself can live well and allow yourself all the joys of life

For older age it may be little risky investment as btc prices fluctuates a lot and even falls badly. SO may be older people may not be able or want to take such risk which can erode their capital and can cause problem if they have limited money .
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