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Author Topic: At What Age You Got into Bitcoin and also Trading?  (Read 421 times)
fennic (OP)
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January 04, 2023, 04:08:37 PM
 #1

I was my self Wondering that there a re a lot of people who gotten in crypto makret in how much age?
As for as I am concerned I was only 17 years old in 2017 when I got some news about Bitcoin and It took me almost 3 years to learn and do something good for me and also my future.
According to me mostly people that came in crypto are mostly young aged people that range from 15 to 30 years. And I have seen less old people that first gotten in crypto. Because they think that crypto is not good for them.

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January 04, 2023, 04:46:51 PM
 #2

I'm not were I'm supposed to be in trading of Bitcoin but at least I'm headed somewhere. I've heard about the digital currency since 2019, but I guess I'd blame my reluctance to do something on skepticism and a lil bit of FUD, if not, I would have been able to purchase a handful because the price was a bit low then( I think, about $7,200).

 But I fully started in the year 2021 and despite it's ups and downs due to volatility in price, I'm still pushing. I think the best way to enjoy trading in BTC is if you trade with what you can easily dispose.
heh, because you won't wanna get suicidal when your investment falls down like a pack of cards

R


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January 04, 2023, 05:04:04 PM
 #3

OP how long have you been in the forum? How often have you been reading?

Check up for the profile Jet Cash he is seventy plus or eighty and above and still Bitcoin Rich and contributes hugely to the growth of Bitcoin and the Bitcoin forum. Not only 18-30 are here in the forum.

Too much of all the ranting and questions, Bitcoin creation has nothing to do with your age, all you have to do is to get bitcoin and preserve and store it very well, because the greater the need of the digital coin, the  greater the need to preserve it. Ensure you do what is important by the accumulation of little sats.

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January 04, 2023, 05:28:06 PM
 #4

OP, I don’t really see any relevance in your topic. People’s age at when they started trading or got into bitcoin isn’t at all relevant in my opinion. I think a better heading for your topic would be “What year did you get into bitcoin and trading” but that topic also has probably been discussed a couple of times already.

I think the demographics of bitcoin users, traders and investors are more of the younger and middle aged people than of the old elderly people. Most of the elderly in my opinion, are more conservative and traditional. It would take a whole lot to convince them that bitcoin, a currency that you can’t see and touch is real or as valuable as people say. They don’t think crypto isn’t good for them, they actually don’t believe it’s a real legit thing.
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January 04, 2023, 05:40:56 PM
 #5

According to me mostly people that came in crypto are mostly young aged people that range from 15 to 30 years. And I have seen less old people that first gotten in crypto. Because they think that crypto is not good for them.
You have made your assumptions based on what you know and the very few insignificant number of persons you know who are in bitcoins compared to the total number of bitcoin hodlers worldwide.

Age is something of the body, it does not determine how accepting someone will be when introduced to bitcoins for the first time, what determines it is how accepting the persons mind is to new ideas and innovations, and this is not restricted to only people who are young in body and age. Some people who are old in body and age, but young and accepting at heart and mind have accepted bitcoins and are hodling, at the same time, you will find people who are young in body and age but not accepting at heart and mind still holding opinions that bitcoin is a scam.

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January 04, 2023, 06:01:01 PM
 #6

Age really doesn't matter to get into bitcoin/crypto and learn about it. You don't need to wait for a specific age to do something with crypto it is not a bank where you need to reach at a specific age to create an account or do transactions.

Quote
I have seen less old people that first gotten in crypto
This may happen in the early time of bitcoin but not now. There are so many things on the internet to learn about bitcoin or crypto for anyone to take knowledge. I learned about bitcoin when I was 22. 
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January 04, 2023, 06:18:59 PM
 #7

Don't say the old don't invest in btc.there are some old people who love to be young forever,they interacts with the youths and learn new ideas from the youths also, so that they can move along with the new era and some of these people welcomed btc innovation and bought btc even before you did OP. Am new in btc but I don't trade,I have heard of it and was willing to learn about btc in 2020 but there was nobody to put me through till I met a friend in 2021 who introduced me into btc and gave me the basics. Am still learning, to trade,you must learn the trading techniques so that you don't fall into lost.
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January 04, 2023, 06:52:20 PM
Merited by fillippone (1)
 #8

OP I really do not think age factor is necessary for one being knowledgeable about Blockchain or bitcoin. Age is no limit neither is it a barrier and there are no restrictions in learning about it. At any age, one can learn as long as you have the ability to grasp what you are learning about, you can do it better.  It has not been long I got aquatinted with bitcoin and I am doing just good at it. I bought bitcoin and I am holding it, I bought other Cryptos and I am trading them for profit. So why they age factor here.

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January 04, 2023, 07:31:00 PM
 #9

I'm not sure what you mean by trading Bitcoin. When we won, the Bitcoin trading began for me. Because whether we buy it ourselves or get it from someone else. That is, we trade Bitcoin directly, whether p2p or through an exchange. I can't remember the exact year I won Bitcoin, but I believe it was in 2016. I was new to Bitcoin and didn't know much about it. Now I understand a lot about cryptocurrency and trading.

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January 04, 2023, 08:05:43 PM
 #10

Lots of bandwagon replies on this topic.

Age is a factor when discussing acceptance of new technologies or ways of doing things. This of course doesn't mean that the elderly are limited or incapable of learning new innovations, but they are more likely to stick to what they are familiar with and have a lower level of curiosity when compared to the younger generation.

The topic might not be very irrelevant to this board, but that doesn't make the observation wrong.
And OP, this would be better as a poll as users here might not want to reveal their age to the public.

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January 04, 2023, 08:20:02 PM
 #11

I agree that Bitcoin and cryptocurrency in general are easily accepted much more by younger people than our older folks, this i believe is because the technicalities involved in buying, selling and even hodling bitcoin cant be easily understood by the older folks, probably because they hardly have the time to sit and study the subject, most especially those of them who already own and are running their own big businesses, they fill they've fulfilled their destinies already, so why the hassle, trying out new stuffs.

But the younger folks that are still searching for their destinies are always ready to try out new things, for this forks, their risk appetite is still on the high side, so its no surprise that they are the ones that easily accept bitcoin and crypto.
I got into crypto in my early 20s though.

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January 04, 2023, 08:38:45 PM
 #12

I never got into trading. Was in my early 30s when I bought my first bitcoin and became a part of the community. I wish it was a bit earlier as I'd love to be one of those 2011-12 early adopters who could mine on their PCs, but that's life. I could also buy Tesla stock 10 years ago and be a millionaire and my parents would say they wish they bought Microsoft in the 90s Wink

You're never too late to invest. You may be too late for one thing but another one pops up in its place. Even IBM who most old timers consider a failure of the computer industry because it lost 2/3 of its value in the early 90s made people 5x in the end. If you were patient with it and didn't sell you made money on it.

The most important things when you invest are avoid scams and have patience.

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January 04, 2023, 08:40:23 PM
 #13

I was my self Wondering that there a re a lot of people who gotten in crypto makret in how much age?
As for as I am concerned I was only 17 years old in 2017 when I got some news about Bitcoin and It took me almost 3 years to learn and do something good for me and also my future.
According to me mostly people that came in crypto are mostly young aged people that range from 15 to 30 years. And I have seen less old people that first gotten in crypto. Because they think that crypto is not good for them.
This does not matter that much do not you think? Now it is true that a younger person will have a longer time on average than an older person to invest in bitcoin and to enjoy its benefits, but this is true for any other investment and not only bitcoin, what matters is that you recognize in bitcoin an alternative to the fiat system or at least realize it is a good investment and then you take the necessary steps to invest in it, and anyone can do that regardless of their age.

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January 04, 2023, 08:59:30 PM
 #14

I was my self Wondering that there a re a lot of people who gotten in crypto makret in how much age?
As for as I am concerned I was only 17 years old in 2017 when I got some news about Bitcoin and It took me almost 3 years to learn and do something good for me and also my future.
According to me mostly people that came in crypto are mostly young aged people that range from 15 to 30 years. And I have seen less old people that first gotten in crypto. Because they think that crypto is not good for them.
22 years of age as i do remember and this is the time where i do start up about learning on Bitcoin or the whole cryptocurrency market.Yes, its really that mind confusing and boggling but all over the years you had
been spending up your time on engaging on something which is unpredictable then you would really be able to have a good grasps to it.Trading isnt something that you could handle it out on a short time, you would be experiencing lots of trials and errors along the way before you could really be having a good grasps to it.People should really be removing into their minds that engaging or dealing up with this market is easy.
You would soon realize it on the time that you would be making out some mistakes and errors which is something that inevitable and this is why you should really be that realizing off these things.

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January 04, 2023, 09:03:38 PM
 #15

The older people, OP, are not in high numbers because they've embraced the traditional finance system, and are not deeply into new technologies like bitcoin. A major number of older persons still find it difficult to use some social media apps, introducing them into bitcoin would be a hassle and they'll make lots of mistakes. The few of them in this market are tech savvy and understands the goal of bitcoin. Additionally, old people shouldn't go into a risky investment like bitcoin; life savings is what most of them got left after retirement. Throwing them in bitcoin is not a good decision. On the contrary, younger persons are in the era of bitcoin and digital currencies, so their numbers are expected to be higher than older people. And the young investors see many reasons to join bitcoin and understands them easily. However given a little time, the young people of today would be older and such disadvantages won't exist anymore.

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January 04, 2023, 09:23:28 PM
 #16

I was my self Wondering that there a re a lot of people who gotten in crypto makret in how much age?
As for as I am concerned I was only 17 years old in 2017 when I got some news about Bitcoin and It took me almost 3 years to learn and do something good for me and also my future.
According to me mostly people that came in crypto are mostly young aged people that range from 15 to 30 years. And I have seen less old people that first gotten in crypto. Because they think that crypto is not good for them.
This does not matter that much do not you think? Now it is true that a younger person will have a longer time on average than an older person to invest in bitcoin and to enjoy its benefits, but this is true for any other investment and not only bitcoin, what matters is that you recognize in bitcoin an alternative to the fiat system or at least realize it is a good investment and then you take the necessary steps to invest in it, and anyone can do that regardless of their age.

Older people have the capacity to invest in Bitcoin.  They are just quiet and do their thing silently while younger people tend to be noisy and publish all their crypto activity on social media.  They are also very active in participating in surveys while older people are bz analyzing the market and researching good bitcoin start-ups to invest in. I do think that there are more older people who are actively participating in the Bitcoin market than what the survey says so saying mostly the 15-30 age bracket is the majority of the crypto population is somehow refutable, especially the 15 -18 years old bracket.

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January 04, 2023, 09:27:20 PM
 #17

I was about the same age as the OP when I heard about bitcoin. I didn't invest in it then because I was too young and naive. Since I was a college student then, I thought I was going to be distracted by it. I just wanted to focus on my studies, get good grades and graduate. It wasn't  until 5 years later that I took it seriously having lost money in some shit coin project which some of my buddies had encouraged me to invest in. In my country, young people are more receptive to bitcoin than the older generations. Maybe this is because they understand it better or they see it as a way to escape the rat-race and oppressive government.

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January 04, 2023, 09:41:52 PM
 #18

According to me mostly people that came in crypto are mostly young aged people that range from 15 to 30 years.
You're right, I'm on this range when I've first known about bitcoin and started to trade. Yeah, I started to trade first with bitcoin/crypto rather than with the stocks.

Those were the good old days and it's fun to think on where bitcoin is right now. Too many good times to remember when a lot of people will just say no when you're about to introduce bitcoin.

And people that have listened or have opened their minds about bitcoin are now reaping the benefits from it.



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January 04, 2023, 10:02:31 PM
 #19

I came across with this technology when I was 15, that I think was way back 2013, but I did not put that much attention into it. It was in 2016 where my interest towards this industry grew; made some cents out of faucets and in 2017 with airdrops. Then afterwards signature campaigns and trading. As far as I remember, I've learned trading "late" 'coz it is a bit complex and even at this point I am still not that 'good' into it. Sinply proves that there are no easy ways to earn profit in this industry in contrast with the impression created towards it by some non-crypto users. In my general experience, I'd say this technology really helped me a lot with finances and as a curious individual. Some people might have regrets of not investing early, but I think it is just the same thing; knowing it on its early years won't mean that you'd invest right away.

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January 04, 2023, 10:09:30 PM
 #20


According to me mostly people that came in crypto are mostly young aged people that range from 15 to 30 years. And I have seen less old people that first gotten into crypto. Because they think that crypto is not good for them.

I gues you are wrong on this statement, we have quite a few old-timers in the cryotocurrncy community and even on this forum we have members of various ages and classes, but since bitcointalk is an anonymous forum, personal information such as age and place of a resident is not made public.

So at that, I will take that statement of only young people getting involved in cryptocurrency as just ab assumption because not far from the fact

R


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