age 47 is it too late or not to invest in bitcoin.?

[Jatiluhung]

I think you entered at the right time for now. because the price of bitcoin now is much cheaper than when I first entered. accumulating your investment from now on will not be too risky. But that doesn't mean the risk is low. crypto investment still has a high risk. And I think you should still be in shape at 47 years old (in my area, 47 years old is still considered strong and not old). so it's not too late if you start now. But I hope you still have to do an analysis and study everything before deciding to enter.

[bounceback]

I'm 47 years old, and I see and hear a lot of young people talking about bitcoin, and when I asked 2 young people and I asked, can I be the same age as me to invest in bitcoin? and the young people answered, 1 of them said they could, and the other said no, and the people who answered no, they explained the reason, namely because I was old, whereas if investing in bitcoin it had to be long term.
and the other young man gave me a hint, namely for me to join this forum to ask about me, who is old, is it worth investing in bitcoin or not?

You can do it at your current age because investing in bitcoin is not only for the long term but we can also make bitcoin a short term investment but for people who have just joined bitcoin it is not recommended to make bitcoin a short term investment if you don't have much knowledge because the risk of loss that we face is higher than investing in the long term, now you have to make a wise decision before putting your funds into bitcoin and understand the risks it causes.

[AakZaki]

Investment in bitcoin or crypto has no age limit, anyone can invest and from any background. If you feel you are too old and bitcoin investment will be used as a long-term investment, you can give a bitcoin inheritance to your children or family. There is no need to get smart overnight to invest in bitcoin, if you have money to invest, do so immediately and keep it in your personal wallet. Remember don't store your bitcoins in centralized exchange wallets, it won't be guaranteed long term. Use a personal wallet where you hold the key yourself.

[Questat]

Age doesn't matter when investing in Bitcoin because what is important is that you are doing something like building another source of income but it is a question if you are ready enough to take the risk or not. In fact, 47 years old is not old enough to start doing business or just simply hold. If I were you, I'd better start now and make a profit later. We don't need to compare our age to these young people because it was not necessary. We take this opportunity because we believe that this could help us in the future rather than just spending our money on useless stuff.

[Getmon]

I think of 47 as a middle-aged person who is neither old nor young. Like age, learning never stops. There is no age limit for investing in bitcoin. Old people own and run investment firms, and investment, in general, is even governed by them. The only people who should not invest in bitcoin are those not updated on the use of modern technology. There are people who do not like touchscreen phones and do not use computers, laptops, or the internet.

[jrrsparkles]

I'm 47 years old, and I see and hear a lot of young people talking about bitcoin, and when I asked 2 young people and I asked, can I be the same age as me to invest in bitcoin? and the young people answered, 1 of them said they could, and the other said no, and the people who answered no, they explained the reason, namely because I was old, whereas if investing in bitcoin it had to be long term.
and the other young man gave me a hint, namely for me to join this forum to ask about me, who is old, is it worth investing in bitcoin or not?

but I personally will still invest in bitcoin because in my opinion there will be no loss in investing in bitcoin even in the long term, that is because I have children, even if I may have died I think there will be no loss, because I will tell my children when I invest in bitcoin .

and I will inherit bitcoin to my kid if I die first.

I want to ask what do all my friends think about this problem?

First of all 47 is not too old, its just comes under middle age and about the long term not just bitcoin almost every other investments are profitable in long term then it means Buffet should not invest in stocks anymore? No its not like that the concept is as early as you can start your investment career you have more time to persue your goal whereas everyone can run with the same goal and try to achieve it. Bitcoin investment isn't that long comparing with stock and gold even 4 years can give you x amount of the capital so go for it with no second opinion.

[Eureka_07]

I'm 47 years old, and I see and hear a lot of young people talking about bitcoin, and when I asked 2 young people and I asked, can I be the same age as me to invest in bitcoin? and the young people answered, 1 of them said they could, and the other said no, and the people who answered no, they explained the reason, namely because I was old, whereas if investing in bitcoin it had to be long term.
and the other young man gave me a hint, namely for me to join this forum to ask about me, who is old, is it worth investing in bitcoin or not?

but I personally will still invest in bitcoin because in my opinion there will be no loss in investing in bitcoin even in the long term, that is because I have children, even if I may have died I think there will be no loss, because I will tell my children when I invest in bitcoin .

and I will inherit bitcoin to my kid if I die first.

I want to ask what do all my friends think about this problem?

Even though we are mostly will want you to invest in Bitcoin, you should first know more how bitcoin works. Do not be hasty. Try to learn about bitcoin as much as you can before you invest big, you know, just so you are aware about what you're investing at. Do not be too hopeful, but personally I would say that btc still has a great future ahead. That's it. Assess if you are really into investing with Bitcoin. By the way, the age part does not matter.

[Solokan]

the advice from all of you is very good, and of course it is a motivation for myself so that I can continue to study in this forum, namely so that my insights about bitcoin and crypto broaden.

[Falconer]

Age is not a reason not to invest in bitcoin or anything. In fact I'm pretty sure the average high profile bitcoin investor is 35 years old above, and over time they too have continued to do so without worrying about age. This investment is not just for us, but for the future of our children and family, besides we can enjoy it ourselves.

I know there are concerns about who will have control of our assets in the future, but if we do care then we should be prepared to inherit them on to them on our own terms.

the advice from all of you is very good, and of course it is a motivation for myself so that I can continue to study in this forum, namely so that my insights about bitcoin and crypto broaden.

Of course, you just have to and you must to if you want to be the one who wants to talk about bitcoin.

[SmartCharpa]

You can invest in bitcoin regardless of your age. The person who told you that you were too old to invest in bitcoin doesn't know who is going to live longer than you, so you need to make the right choice for both your children's future and your own. If you do this, even after you pass away, your children won't have to beg for food, which is good since you asked in this forum. The decision you make to invest in bitcoin is not influenced by your age in any way.

[Rockstarguy]

Age has nothing to do with investing bitcoin . Bitcoin is open for everyone irrespective of age, gender,  race. Bitcoin is for everyone one , the important thing about bitcoin is that one has to understand it. Understanding is the first key of investing bitcoin.  I think most elderly people don't pick interest in crypto just because they have mentality that bitcoin is for the young people and this mentality is wrong. Bitcoin is for everyone so far as one can invest the amount they can afford to lose and also have patient when the market gets dip.

[AbuBhakar]

I don’t find age as hindrance on investing no matter what kind of assets you are investing especially Bitcoin. Actually Bitcoin is a very good investment choice for old people because its volatility can give a quick return. Old man typically already have short time left and Bitcoin is perfect for that because they can still enjoy the fruit of there investment while they are still alive.

Just learn how to manage risk properly then you are good to go. We are all equal im age here when it comes to Bitcoin holding because we didn’t know each other unless you specify your identity by yourself.

[CryptopreneurBrainboss]

I think most elderly people don't pick interest in crypto just because they have mentality that bitcoin is for the young people and this mentality is wrong. Bitcoin is for everyone so far as one can invest the amount they can afford to lose and also have patient when the market gets dip.

Now that's exactly why we have a majority of the worlds population in poverty, give them the same opportunity that the rich today held and they'll call it a scam or say it's not for people like them. They forget that even though let say their assumptions were correct then what about their future family, won't they be young at some point. Why not invest for them then so when they come into this world they don't get hit with same poverty as they're suffering now. Just as everybody has said, Bitcoin has nothing to do with age and so is most investment today.

Infact you don't need to wait that long before you can get a good return of investment on your initial purchase. The only reason we're advice against cashing out on our investment now is because we're still in the very early stages and there are more surprises to come. If you look at it, we're just 14 years after the invention of Bitcoin and we have already achieved all this and trading at this price, now imagine what next decade holds.

[akuntester1]

I'm 47 years old, and I see and hear a lot of young people talking about bitcoin, and when I asked 2 young people and I asked, can I be the same age as me to invest in bitcoin? and the young people answered, 1 of them said they could, and the other said no, and the people who answered no, they explained the reason, namely because I was old, whereas if investing in bitcoin it had to be long term.
and the other young man gave me a hint, namely for me to join this forum to ask about me, who is old, is it worth investing in bitcoin or not?

but I personally will still invest in bitcoin because in my opinion there will be no loss in investing in bitcoin even in the long term, that is because I have children, even if I may have died I think there will be no loss, because I will tell my children when I invest in bitcoin .

and I will inherit bitcoin to my kid if I die first.

I want to ask what do all my friends think about this problem?

It's never too late to invest in Bitcoin sir.
Young people who say you can't invest in Bitcoin just because you're 47 years old, I think that's really underestimating you, sir.
I think he has a very narrow mindset and it's very obvious that he is a person who lacks experience.

I really appreciate the young man who advises and instructs you to keep investing, because it's clear that you already have a long-term goal to invest in Bitcoin.
One good and right step you join in this forum.
You will get a lot of knowledge in this forum for how to invest and manage your investment in Bitcoin.
I hope you can take your time to keep up to date with how Bitcoin works.

[Rruchi man]

I'm 47 years old,

I am glad that people here can see that at age 47 someone is accepting bitcoins, prove that as we talk to the young about bitcoins, the old should not be left out. 

You are never too old to invest in bitcoins. IMO at age 47 you will be more focused to invest and hodl than a very young person who still has distractions and unnecessary things they want to spend on due to pressure. At age 47, so far as you as you are still willing to learn, you have no problems.

[BIT-BENDER]

Investing has nothing to do with age. Mate don’t let any tell you other wise you a good to invest in Bitcoin even at forty seven years old. I have seen older men than you still accumulating bitcoin for the future.

You still have good number of years to live and even at that Bitcoin can also be a good legacy you would leave for your younger generation. Start right now.

[BlackHatCoiner]

Relax, you're not 70+. In 10 years from now, you'll most likely and hopefully be alive. Ten years for bitcoin is quite a lot. Just think that FTX 32 billion bubble burst, several other exchanges went bankrupt, price crashed to $16,000 from $61,000, prime minister of a nation announces purchases of bitcoin like a spoiled kid in Twitch, Lightning Network is being used more confidently, there are pretty much fascinating news every once in a while-- and all these within one year.

[Hypnosis00]

Don't look into the age OP. Age is not a problem, in fact, even a 50-year-old can still invest as long as we are not dying. As long as we still have enough energy, why we should waste this opportunity? If we invest now, it is possible we can earn a profit 2-3 from now, it was not a long wait for us. I would say that it was best to have this investment at your age as it won't compromise your health because the only thing you do after buying is to wait for the bull season and then sell.
If you have money, then do it.

[Rigon]

I'm 47 years old, and I see and hear a lot of young people talking about bitcoin, and when I asked 2 young people and I asked, can I be the same age as me to invest in bitcoin? and the young people answered, 1 of them said they could, and the other said no, and the people who answered no, they explained the reason, namely because I was old, whereas if investing in bitcoin it had to be long term.
and the other young man gave me a hint, namely for me to join this forum to ask about me, who is old, is it worth investing in bitcoin or not?

but I personally will still invest in bitcoin because in my opinion there will be no loss in investing in bitcoin even in the long term, that is because I have children, even if I may have died I think there will be no loss, because I will tell my children when I invest in bitcoin .

and I will inherit bitcoin to my kid if I die first.

I want to ask what do all my friends think about this problem?

You don't need any age to invest in Bitcoin. If you have money you can invest in Bitcoin. But you can tell the investment address to your child or wife if you feel very helpless. But you can invest right now as our next halving is probably going to start in 2024. Present time is very good time to invest. I think no one should miss this time.

[capedbaldy]

Don't look into the age OP. Age is not a problem, in fact, even a 50-year-old can still invest as long as we are not dying. As long as we still have enough energy, why we should waste this opportunity? If we invest now, it is possible we can earn a profit 2-3 from now, it was not a long wait for us. I would say that it was best to have this investment at your age as it won't compromise your health because the only thing you do after buying is to wait for the bull season and then sell.
If you have money, then do it.

You are right, age is not a problem to get involved in crypto investing and it's never too late to start investing for the current market conditions, I can say you are the luckiest person to invest in bitcoin at the current low price and huge profit potential will be waiting in 1- In the next 2 years, at least btc can reach a price of $ 30k in the future and that means you will get 100% profit from the value of your investment.