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Author Topic: At What Age You Got into Bitcoin and also Trading?  (Read 416 times)
DannyHamilton
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January 04, 2023, 11:23:57 PM
 #21

According to me mostly people that came in crypto are mostly young aged people that range from 15 to 30 years.

Nah.  I was 75 years old when I got came into crypto.

And I have seen less old people that first gotten in crypto.

Perhaps that's because you know a lot of young people, and you don't know a lot of old people?

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January 05, 2023, 03:00:22 AM
 #22

This question should be treated flexibly, because everyone has different ways of receiving education. At the same time, some people are still confused at the age of 15, but some people can already develop products.
How do we know that Satoshi Nakamoto is not a 15-year-old kid or an 80-year-old grandpa?
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January 05, 2023, 03:21:56 AM
 #23

If we talk about the age of people who first got into bitcoin around 2009, it would be teens or people between the ages of 20 and 30 because they were mostly on the internet at the time and definitely discovered it, but as the years passed, a lot of older people got into bitcoin and also became experts. I don't know the age of the folks here in the forum, but based on their knowledge, I am sure that they have been into bitcoin for a long time, and the way they explain things is like those old people who are very detailed.
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January 05, 2023, 05:06:14 AM
 #24

I know bitcoin if I'm not mistaken at the age of 22 years. but I started trading and investing in bitcoin recently, and I can say that I don't have much experience with bitcoin and crypto. that's why I joined this forum to add to my insight about bitcoin. in my opinion there are many people who know bitcoin, old people and young people too.

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January 05, 2023, 05:53:14 AM
 #25

Although some older people are reluctant to accept the new, that does not mean that cryptocurrencies are only for young people like you. You are underestimating the elderly, as long as they have a passion for finance, a passion for technology, anyone can participate in cryptocurrencies. Our world is colorful, don't think so simple.

I am a middle aged person, and the people I know are investing in bitcoin even bigger than me. Most people I know who are investing in bitcoin have no one under the age of 35.

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January 05, 2023, 08:16:22 AM
 #26

I heard about Bitcoin in 2016. I didn't think much about Bitcoin at first. Later, my friend bought a little bit and sold it after Bitcoin rose. He explained to me that it was an investment to speculate. I started to study Bitcoin. Later I classified Bitcoin as a store of value like gold. Bitcoin is worth more than its price.
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January 05, 2023, 08:45:28 AM
 #27

I cannot say about myself, but I have mentored someone who really got into Bitcoins when he was 15-16 years old. I remembered when he needed some money for his needs(for his personal needs) and his parents didn’t give money for it. So he decided to go online and learn how to make money. I introduced him with Bitcoins at around 2015 or 2016. Instead of trading or investing he joined gambling and did some freelancing. The work he was doing made him collect Bitcoins and using that he used to Gamble or just save. Currently I don’t have any contact with him, but I came to know that he bought the thing that he wanted with the help of Bitcoins.

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January 05, 2023, 08:57:35 AM
 #28

According to me mostly people that came in crypto are mostly young aged people that range from 15 to 30 years.

Nah.  I was 75 years old when I got came into crypto.
hey grandpa, if you are that old, you are amazing to be in this forum, maybe the oldest bitcointalk user today.
I even got to know bitcoin and this forum when I was 19 years old, maybe relatively young when I graduated from high school. Took me 1 year to study this forum and bitcoin.
You probably already have lots of grandchildren who know about bitcoin and understand what their grandfathers did with this forum.

And I have seen fewer old people that first got into crypto.

Perhaps that's because you know a lot of young people, and you don't know a lot of old people?

OP really only knows a lot of young people and doesn't know a lot of parents who join this forum.
Should we be doing a poll to find out the ages of the bitcointalk forum users and how many boys and girls are here?
Or if there has been a poll about the age of users and the number of genders in this forum, let me know.

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January 05, 2023, 11:22:33 AM
 #29

I cannot say about myself, but I have mentored someone who really got into Bitcoins when he was 15-16 years old. I remembered when he needed some money for his needs(for his personal needs) and his parents didn’t give money for it. So he decided to go online and learn how to make money. I introduced him with Bitcoins at around 2015 or 2016. Instead of trading or investing he joined gambling and did some freelancing. The work he was doing made him collect Bitcoins and using that he used to Gamble or just save. Currently I don’t have any contact with him, but I came to know that he bought the thing that he wanted with the help of Bitcoins.

What you did must be much appreciated by him because when he was new he didn't know how to earn and you showed him a way.  Like you, not everyone wants to guide each other or do good to each other. You did a great job there by helping him even if you are not currently in contact. We often forget that those who stand by us in times of danger are not in touch with us when times are good, or we are far away from them.  We often forget those people who stood by us in times of trouble and helped us in the past, These have become a bit of a norm these days that we often don't think about. Right now the fact is that he is now financially very prosperous because Bitcoin is holding of your advice but has forgotten you. Again there are many people who may or may not remember you but due to busyness or different work, they can't contact you although this changes with time.

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January 05, 2023, 12:03:55 PM
 #30

First I started trading on financial markets and the story behind it is just like the story you see in many other people, When I was 20y old I had a trader friend who started trading on Forex years ago but when I saw him after years he told me about how trading help him with his life so I became motivated and then started learning about trading on financial markets but I failed. After years when I was 25y old for my birthday, my girldfielnt gave me a special gift, she gave me a letter with some words about bitcoin and recovery seeds to a bitcoin wallet, then I started trading cryptocurrencies and bitcoin after that they but I mostly prefer holding and doing long term investments.

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January 05, 2023, 12:09:52 PM
 #31

I first got into Bitcoin in 2016 started to learn as much as I could before setting up my Coinbase account late Autumn.
Bought LTC first then my first piece of Bitcoin early 2017 .
Have diversified since made some money not life changing but am here for the long haul 😊
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January 05, 2023, 12:45:09 PM
Merited by taufik123 (1)
 #32

According to me mostly people that came in crypto are mostly young aged people that range from 15 to 30 years.

Nah.  I was 75 years old when I got came into crypto.
hey grandpa, if you are that old, you are amazing to be in this forum, maybe the oldest bitcointalk user today.
I even got to know bitcoin and this forum when I was 19 years old, maybe relatively young when I graduated from high school. Took me 1 year to study this forum and bitcoin.
You probably already have lots of grandchildren who know about bitcoin and understand what their grandfathers did with this forum.
Maybe he and @Jetcash are probably the oldest members of the forum we know, I remember Jetcash just turned 80, I don't remember exactly, but it must be.


And I have seen fewer old people that first got into crypto.

Perhaps that's because you know a lot of young people, and you don't know a lot of old people?

OP really only knows a lot of young people and doesn't know a lot of parents who join this forum.
Should we be doing a poll to find out the ages of the bitcointalk forum users and how many boys and girls are here?
Or if there has been a poll about the age of users and the number of genders in this forum, let me know.

Not only this forum, but I believe that many parents and grandparents are also investing in this market. Bitcoin not only attracts young people, but it will appeal to anyone who loves the new, is willing to accept the new, and those who are passionate about investment cannot ignore bitcoin. Bitcoin does not discriminate between rich and poor, racist, young or old...bitcoin is for everyone, who is willing to accept it.

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January 05, 2023, 01:18:16 PM
Last edit: January 05, 2023, 01:41:06 PM by lizarder
 #33

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.
Either coincidence or indeed technology is quite limited for parents. Literally the buying and selling process that occurs in bitcoin involves exchange, meaning that there are certain ways of buying and selling that people must learn before trading bitcoins, which may on this basis make it difficult for parents to learn technical matters in buying and selling, plus again having to deal with specific exchanges and wallets.

Moreover, older people are a bit behind when it comes to technology, making it difficult for them to get involved in investing in bitcoin and crypto in general, although not all aged people have this problem.

Quote
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.
One of the accurate reasons, maybe people are still young because they master technology, so it is easier to approach investing in bitcoin and crypto in general, because it is not so difficult to understand blockchain technology or other technical matters.

As data on the percentage of internet users who have crypto currency in 2022, as released by databoks





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January 05, 2023, 05:22:14 PM
 #34

It seems interesting to me how OP discussed about the age factor. Some of the folks may agree with me that age group or in case of Bitcoin and Blockchain technology we cannot skip the generation gap. I believe that the majority of the early adopter's of Bitcoin would be people in their twenties or below.
Bitcoin was whole a new technology and people familiar to the traditional Fiat system from ages use to talk about it as a scam. There was a very low ratio of acceptance for Bitcoin to be used as currency among a certain age group (people around and above 50s). Even the financial institutions were not ready to accept Bitcoin.
Later on when the Bitcoin price crossed $7k then banks and other institutions jumped into it and thus a large number of aged and even retired personnel acknowledged Bitcoin.
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January 05, 2023, 05:29:04 PM
 #35

Wow man you started pretty early! I was 26 when I started my bitcoin journey and first encounter was actually at the age of 22-24 I guess. I did not care much about it since it was new at the time and never thought that it will be something in the future. In addition to that when I started at 26 it was really just learning, accepting and motivating part for me but I did not really invest until couple of years later. I am not much of trading guy but initially had some adrenaline to do it but now I understand that holding bitcoin rather than trading is far far greater thing to do. You can get more profits that way and you get to enjoy the freedom of savings. Never too late to start with the bitcoin.
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January 06, 2023, 09:29:27 AM
 #36

-snip-
Maybe he and @Jetcash are probably the oldest members of the forum we know, I remember Jetcash just turned 80, I don't remember exactly, but it must be.
yes, thanks for reminding me about @jetcash. I just remembered after you said that @jetcash is the oldest member in this forum.
Currently, he is over 81 years old, but he was last active on November 21, 2021, I hope @jetacash and several members who are already in this forum will be given health.

and below are some posts stating that @jetcash was 80 years old at the time.

https://bitcointalk.org/index.php?topic=5397743.msg60078071#msg60078071

https://bitcointalk.org/index.php?topic=5335184.msg56934162#msg56934162

-snip-
Bitcoin does not discriminate between rich and poor, racist, young or old...bitcoin is for everyone, who is willing to accept it.
Bitcoin investment will not differentiate anything, everything will be the same. who wants to invest and wants to learn about bitcoin, cryptocurrency and technology, then he will get the benefits.

Remember @jetcash's sentence that said old age is not a disease and will not hinder anything, including investing in bitcoin.
" Age is not a disease, and it only slows your intellectual abilities if you give up or lose interest in innovation"

-snip-
As data on the percentage of internet users who have crypto currency in 2022, as released by databoks

https://i.ibb.co/h9F0XsZ/IMG-20230105-201257.png


The age category of 25-34 years is the most age for cryptocurrency owners, and this age is certainly a mature enough age to start exploring crypto and investing, although investing in crypto doesn't have to be at that age.

More male users are investing in crypto than women. Men aged 25-35 years reached 15.5% and women as much as 9.5%.
This percentage is likely to increase in 2023 with the continued development of technology and ease of access to any investment.

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January 06, 2023, 12:19:45 PM
 #37

The age category of 25-34 years is the most age for cryptocurrency owners, and this age is certainly a mature enough age to start exploring crypto and investing, although investing in crypto doesn't have to be at that age.

More male users are investing in crypto than women. Men aged 25-35 years reached 15.5% and women as much as 9.5%.
This percentage is likely to increase in 2023 with the continued development of technology and ease of access to any investment.

This data also simultaneously shows the potential age for investing in the crypto industry, ages 25-34 are considered the most financially mature, so that opportunities for investment are greater and added skills and ease of adapting to the times and technological sophistication. Technology plays an important role in making investments, so they should also master the basics before getting started. Although older or younger age is also increasing in percentage every year.

For gender, it is indeed controlled by men in the largest number who make investments, but women also experience a significant increase every year and I think the increase in 2023 will be much more significant.

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January 06, 2023, 12:29:23 PM
 #38

Since 2017 I have known the world of bitcoin and at that time I was only 20 years old and had not fully studied the world of bitcoin, after a big increase then at that time it was just finding out how bitcoin performed and finally I was interested and until now I still follow the development of the bitcoin world, and I am sure that many bitcoin users today are still young and they have great ambitions to be able to get results in the crypto world, With the current popularity of Bitcoin, crypto users are getting bigger and more and more different like 2017, and I believe we all have different experiences.

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January 08, 2023, 10:14:43 AM
 #39

I heard about bitcoin trading long ago but was not  interested about trading also it requires enough knowledge. And basically what trading is done based on these price fluctuations. But if you don't know which coins will fall in price and which coins will rise in price then you can't profit in any way. But not if you know that you can benefit from that's why you have to study the market well before trading.
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January 08, 2023, 10:53:17 AM
 #40

I was in my early 20s, and that was back at the beginning of 2010. I would probably go into it even earlier if I would found out about it in like 2009, but honestly, you can't get much earlier than that.  Cheesy
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