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

[Solokan]

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.

if you think about it, it's true, friends, age won't be a barrier to investing, that's why I decided to invest in bitcoin.

[Crypto-Ivan]

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?

Age is just a number and it will not be a barrier to investing in Bitcoin. Anyone can invest in Bitcoin as long as they are willing to accept the associated risks. Learn what to invest in crypto and start investing and still have the chance to make a profit in the near future.

[Bhig Daddy]

nothing wrong about age. The most crucial aspect is that you understand how it functions from your Bitcoin purchases and storage. Additionally, you want to preserve Bitcoin for your child.
Age is fine; the only requirement is that you show your child how to access your Bitcoin wallet. When your wife or child are unaware, your plans could easily vanish if you don't have a seed or a key.
I wish you a long life so you can spend your Bitcoin with your loved ones.

[Jawhead999]

If you think 47 years old is too late to invest in Bitcoin, what about this user Jet Cash that if I'm not mistaken already 70-80 years old? there's nothing late to invest in Bitcoin, but it's will be too late if you not start it today!

Actually buy Bitcoin is very easy since there's many exchange that you can choose, the problem is how consistent you're and your risk management, don't fall in shitcoins project because it's hyped, it just for short time and the coins will become worthless.

[Taskford]

No age discrimination on cryptocurrency since as long as you are in legal age and have money you can invest with it as long as you can but think also doing some extra precaution towards taking investment decision so that you can take advantage of this technology created. Remember that its not about being late but how will you start taking big step on your life so act now and don't join those people who regret for not participating on evolving industry.

[sunsilk]

Just investing alone, search the name of Warren Buffett and you'll see how old he is and yet he's one of the richest person in the world. Yeah, not about the trivia but the possibility that investing is for all the ages.

We've got Jet Cash who's known to be one of the young at heart in the forum and yet he's one of the bitcoin bulls here.

Do not listen to the negative people that tells you to stop investing and investing in bitcoin isn't for the old. Investing doesn't have any age requirement and it's for all and the same goes for owning bitcoin.

[Shamm]

I'm my own opinion Age doesn't matter in investing cause we all know that ONLY the young one can invest in crypto.Op as long as you want to invest and know what you doing then it's okay go for it. It's your choice then no one can put a barrier to stop you. And also the price of Bitcoin is volatile so there's a chance that if you invested in your age at 47 maybe 5 years after you invested to day and exactly you are 52 and the price will go up or tripled the current price then you gain a profit, that is the logic investing so for me Go on and invest.

[Adbitco]

I don't think you are that old compared to my Uncle who is 61 years old and yet talks about bitcoin even more than me that is in this forum, even as that 47 is still a youthful age and investment doesn't look over age, gender or size, whenever you hit the right investment you would see your profits and even if age doesn't permit you your family are still there to inherit your assets and belongings.

[Peanutswar]

All of the people have their own time to get rich and not to become late with these things I guess you are just late but still can make a ride currently the market is on waiting for the new market price movement if this might be a break of the support or resistance if you think you can catch up before the next halving this is the chance to grab, and If you have more time to learn more regarding with the bitcoin this is the time to make yourself more knowledgeable into it so your path now is having a lesser risk with all of your knowledge.

[PrivacyG]

You are old and the investment has to be long term?  That is very insulting and mean.  Your friend can be 20 years old and still die tomorrow.  Age means nothing.  You may have more than 40 years ahead to live.  Who knows.  Some people get to see their children die.  Think about it.  There is no guarantee over who lives for how long.

Are these friends really friends though.  You should do what ever you want to do.  Not listen to them.  Not listen to us either, unless it is a really important information.  If you want to invest in Bitcoin, so be it.  Do it.  Nothing stops you.  Age will absolutely not.

-
Regards,
PrivacyG

[Outhue]

I know someone on this forum that's 70 years old and he is a crypto miner with many asic mining machines, if someone like this can live his life with crypto mining and investing so can anyone even if they are old, but OP you are just 47 years old, why did you feel this is an old age? You still have many years ahead even if you start investing today, it only takes few years for Bitcoin to make new ATH again.

[tvplus006]

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? ..

It all depends on what goal you set for yourself when investing in bitcoin. If your goal is to sell bitcoin after the last BTC is minted, approximately in 2140, then it's too late to buy bitcoin) In all other cases, there are no age restrictions for buying BTC.

[worle1bm]

I would age is mere a number and it all depends on your perspective how you see things around you.If you have made up mind of investing in bitcoin then anytime is good keeping in mind your goal is 4+ years of holding with patience or if you can make short term profits.There are many people who started late but have reached success level like KFC owner so there are many examples and 47 is not too old frankly saying.It could work as your old age helping funds if you start now and keep your wallet safe with proper backup of seeds.Best of luck to you.

[Inwestour]

If you think 47 years old is too late to invest in Bitcoin, what about this user Jet Cash that if I'm not mistaken already 70-80 years old? there's nothing late to invest in Bitcoin, but it's will be too late if you not start it today!

Actually buy Bitcoin is very easy since there's many exchange that you can choose, the problem is how consistent you're and your risk management, don't fall in shitcoins project because it's hyped, it just for short time and the coins will become worthless.

Even under 18 you can invest in bitcoin, but this can be done with the help of parents, or possibly close people. And as for the completely summer people, I believe that there is no chapel when you can start buying bitcoin.

Even if it's 50 or 60 years old, it's never too late to start buying. If this investment doesn't work for you, then it could be a great investment for our children or grandchildren. And 47 years old is still a relatively young age, at this age you definitely shouldn't worry, just keep buying and expect a profit.

[Pmalek]

I had to chuckle when I read about this unbelievably old man aged 47. Were you one of the builders of the great pyramids, mister?
Don't put such shackles on your hands and feet. If you feel up to it, go ahead and learn.

I remember a long time ago when I was in college, there was a student among us that was older than you are now. He wanted a different career path and successfully graduated with the rest of the students. Bitcoin isn't restrictive to age, but you are expected to learn a lot. It's not just about how to buy and store digital coins. You should be proficient enough to recognize scams when you see them and not fall victim to fraudulent schemes.

If you are ready to read and learn, there are no limits.         

[Iroh]

In addition to the myriad of different answers on here, I would like to add that it is never too late to do whatever you want to do. Never! All you’ve got to do it to just do it.
Personally, I don’t think you’re too old or it’s too late to invest in bitcoin. There is no age nor time limit for anyone willing to invest in bitcoin.

Right now, you’re probably seeing your age as somewhat of a hinderance to fully go into bitcoin. Please don’t. Bitcoin is accommodating and is for everyone of all ages.
If you’ve determined in your mind that you want to hold and invest in bitcoin, there is nothing that can stop you.

[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 and ignore anyone telling you it’s too late.

[CryptoPanda]

Age is only a limitation if you let it. Honestly I don’t see how a 42 year old can’t invest in bitcoin, you probably were talking to some kids who don’t know what they are talking about, the reason he gave in the OP is even more crazy. For example, Bitcoin has hit ATH of 68k in ten years, who’s to say we won’t see bitcoin break that record in the next decade? I’m curious to know what investment would be suitable for an old man of 42?

[nakamura12]

I think it is not too late but I agree with the others that the earlier the better. Even though you are late in my opinion but you still have a chance to earn a profit in any way you can. Some people use their skills to earn money and some use different ways to earn money. If you are late to know about Bitcoin then do you think that there are much more older people who invest in Bitcoin?. It depends on the situation because age has nothing to do with investment.

[Yamifoud]

Just do what the best you can do in your life OP and don't make your age a hindrance to not doing it. Besides, a 47-year-old is not old enough that can't think right and at this age, we are certainly mature enough to make a decision. You don't need to lose this opportunity and erase your bad thoughts about "what if I die and lose my money?" Just think about how we are preparing for a better future and consider this investment is not just for ourselves but for our family.