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Author Topic: age 47 is it too late or not to invest in bitcoin.?  (Read 890 times)
Fullcoinese
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January 08, 2023, 04:01:59 AM
 #81

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.
The OP is great at planning investments intended for inheritance. there is nothing wrong with age, but who knows how old we will last. so as much as possible to do the best, investment for yourself or the family is good planning. most importantly, OP must tell his family about the Bitcoin assets he owns. regardless of the value in the future, he and his family can enjoy the results of the investment he is currently making.
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January 08, 2023, 04:11:30 PM
 #82

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 are 47 years of age, I don't really think you are that old, the person that advised you not to invest those not really mean good for u, no matter how old you are, you can definitely invest. My advice for you is that you can invest any amount you can afford to loss and the money you won't be needing for now on bitcoin, am sure you will never regret why you invested in bitcoin and incase if anything happens to you, your children will have something to fall back to and am sure your children will also be proud of you.

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Mpamaegbu
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January 09, 2023, 05:00:33 PM
 #83

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?
Welcome to the forum. The person who gave you that hint to join this forum just handed over to you immense key to crypto knowledge. Today, marks it exactly six years I stumbled and registered on this forum unaided. I checked your profile and you're barely five days registered on this forum, you're on a good start for the year. Just keep it up and become active here. I'm grateful to my curiosity that drove me to this forum and I believe you will discover the value of being in this forum sooner than you imagine.

On the age thing, people older than 47 years have investments in stocks and banks while should Bitcoin be any different? I know of a user here who's well past 70 years and he's a Bitcoiner. That user isn't the only one, judging by the tone of others. What makes you even think that age should matter when it comes to investment? I think it's more of interest than age.

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Crypt0Gore
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January 09, 2023, 06:19:06 PM
 #84

Who told you not to invest at the age of 47? Many real estate investors out there are older than you and you are here complaining, do you know how many years it takes stocks to bring good ROI? Yet older men are into this investment but crypto ROI is faster than others, even at 60 years old its worth giving crypto investment a shot.

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Agwu
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January 09, 2023, 09:00:41 PM
 #85

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?

I believe you still have a very good opportunity to invest in bitcoin. Even if you want to invest for long term, may be 5 years, you will still be 52 years.
So the answer is capital yes for me because to me BTC has no age limit for anybody who wishes to invest.
Even your children can benefit from it.
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January 09, 2023, 09:25:25 PM
 #86

It's not too late no matter how old you are now you can make the investment you want in bitcoin and maybe these 2 young people have different views whereas you shouldn't look at the bad side and it's clear investing in bitcoin is a long term must to start from now on coincidentally the price is low, there is a 70% decrease from the highest price.

What is certain is that you already understand what bitcoin is, after that you can learn about the strategy so that your plan can go according to plan because even having a strategy with a 3-5 year timeframe can result in the investment made by you.

Something bad is not really thought about (death) that is clear just live it and let your child also know about bitcoin because after all he will be the heir as you say it is.

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January 09, 2023, 09:50:34 PM
 #87

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 is definitely worth it to invest in BTC no matter how young/old you are. 47 years old is relatively young given the average age group in this forum.

The beauty behind investing into BTC is that its price may skyrocket anytime. Its high volatility makes it a perfect investment either for short/long-term depending on its price on the market. As someone who has been active in this forum for five (5) years already, I have witnessed its price increasing/decreasing overtime. You can definitely earn big and take advantage of such opportunity if you are at least active enough in knowing its price.

As for inheritance, you can keep your private key stored in a hardware wallet for your kids to know when they reach a certain age. This protects your investment in becoming "lost" especially if you unexpectedly meet your demise.

R


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Solokan (OP)
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January 09, 2023, 10:58:30 PM
 #88

It's not too late no matter how old you are now you can make the investment you want in bitcoin and maybe these 2 young people have different views whereas you shouldn't look at the bad side and it's clear investing in bitcoin is a long term must to start from now on coincidentally the price is low, there is a 70% decrease from the highest price.

What is certain is that you already understand what bitcoin is, after that you can learn about the strategy so that your plan can go according to plan because even having a strategy with a 3-5 year timeframe can result in the investment made by you.

Something bad is not really thought about (death) that is clear just live it and let your child also know about bitcoin because after all he will be the heir as you say it is.

Your advice is very good, and my opinion is the same, and now I am starting to feel confident and excited because there are so many people who have encouraged me in this forum, including you.

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January 09, 2023, 11:28:39 PM
 #89

Investing is not like when we do something out there, sometimes there is a lot of work that takes a lot of health to complete, and age will be an issue for older people. But for investment, age doesn't matter, as long as you are smart and know how to calculate, you can invest anytime you want. Cryptocurrency investments are much riskier than investments like gold or real estate, I think that's why your friend didn't agree to let you invest. But the decision is up to you, and if I were your friend, I would still support you as long as you are willing to take risks and ready to take losses with what you invest.

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January 10, 2023, 06:53:39 AM
 #90

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?
Bitcoin is for everyone and there is no age limit for investing in cryptocurrencies. As long as you are confident in Bitcoin and are prepared, do your research before deciding to invest, learn how to properly manage risk and learn more about how Bitcoin works. Investing an amount that you can afford to lose still has a chance of making a return on Bitcoin.
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January 10, 2023, 06:29:29 PM
 #91

Your advice is very good, and my opinion is the same, and now I am starting to feel confident and excited because there are so many people who have encouraged me in this forum, including you.

I am 10 years older than you, but I have never had such a question that interests you at the moment. You should understand that your investments can serve your children and grandchildren and it is possible that this will be the most profitable inheritance. The main thing is that you leave your relatives a private key so that they can use the cryptocurrency you left, in case the worst happens to you.

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January 11, 2023, 03:02:59 AM
 #92

I think there is no age requirement to invest in Bitcoin, if you have self-esteem you can definitely invest successfully.  Currently many people are more interested in this Bitcoin investment.  If you want to invest in Bitcoin then it is very important that you first have a good knowledge of the market.  You can visit many Bitcoin investment sites to learn about investing.  And later you will be able to consider yourself as a successful businessman by investing in Bitcoin.

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January 11, 2023, 02:36:09 PM
Merited by fillippone (2), Oshosondy (2)
 #93

When it comes to investment, there is no age restriction and when it comes to wealth creation, there is still no age restriction.
You have to invest in a particular thing only when you got the information.
Whereas some got the information about bitcoin when they are in their early 20s. Some like you got it in their late age and you also need to invest.
There are people who never heard of bitcoin or who are not yet born but they have investment in bitcoin, just like parents who invested for their unborn children.

R


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January 11, 2023, 03:23:25 PM
 #94

I want to ask what do all my friends think about this problem?
We suggest that you stay consistent with your stance to keep investing in Bitcoin, even though you are already 47 years old, we still really say you are not too late with all of this and we are proud of the form of appreciation you have for continuing to adopt Bitcoin, in general we will not know what what happens tomorrow, age does not determine young or old. and we respect your decision to invest in Bitcoin even though it is getting old and you will pass it on to the children.

Basically investing in Bitcoin is also an asset, it would be better if you talk about it with your family or your children at an advanced age, especially about assets.
we claim the right way as you said that will inherit to the child if you die first.
one thing that we are happy about your decision is to remain consistent in investing in Bitcoin.

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January 11, 2023, 04:35:53 PM
 #95

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?

I don't think old age can stop someone from investment especially in bitcoin investment which does not even required physical energy, infact I don't think 70 years is that old enough in investing in bitcoin  talk of 47 year old. Op is not age that due determine death period even young age are dieing, so anybody can die at any age so don't allow age to create fair in your future plans and nobody can speak on what will happen tomorrow, even the   young people who are investing in bitcoin no assurance that they will reach certain years on earth. So believe that is not age that give assurance of long life.





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January 11, 2023, 04:54:29 PM
 #96

OP, I believe that you have already received many satisfactory answers. considering that we are approximately the same age, I am a little surprised that you are unsure about investing in your future. it's never too late to learn something new, besides, you're only 47, which is roughly half and you have a lot of time ahead of you.
now you just have an advantage compared to those kids you asked for advice because you have much more life experience that will definitely help you in making some right decisions.

of course, before each step, come here and ask, there will always be someone to share your experience and reduce your potential risk as a newbie.

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January 12, 2023, 02:55:56 PM
 #97

You are just a boy. I'm over 80, and I've just hit middle age. I've been HODLing Bitcoin for a few years now, and I still believe in it. I've also noticed that very few "young" people really understand how Bitcoin can be a hard asset. They trot out all the standard reasons, but they have no concept of the fundamental concept of abstract assets that have a hard value.

btw Bitcoin is the only crypto with this virtue.

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January 12, 2023, 03:23:02 PM
 #98

Some time I jealous with my friend who have young age and success become top investor in Bitcoin, in my country have many trader and investor still in senior high school and they more expert than me have been reached almost 29 years old. I don't think with OP late for investing in Bitcoin due have reached 47 years old.

Don't be shy with your age 47 years old because have the same opportunity for every one young or older earn profit with Bitcoin investment, there are not important about how old are you when investing in cryptocurrency. Age is not important when becoming investor in Bitcoin but the people who can controlling their emotion.

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January 12, 2023, 03:49:16 PM
 #99

Some time I jealous with my friend who have young age and success become top investor in Bitcoin, in my country have many trader and investor still in senior high school and they more expert than me have been reached almost 29 years old. I don't think with OP late for investing in Bitcoin due have reached 47 years old.

Don't be shy with your age 47 years old because have the same opportunity for every one young or older earn profit with Bitcoin investment, there are not important about how old are you when investing in cryptocurrency. Age is not important when becoming investor in Bitcoin but the people who can controlling their emotion.

Investing in bitcoin in our early age then it has a big advantage as we all know that once we become a successful investor and we have in our young age then we can access or let say spend our earnings for a long time while and there's a chance that our money will go up and up in the future and also if we are investing in old then still it will be okay and fine as we all know that theres no age limit and everyone can invest .

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January 12, 2023, 05:23:00 PM
 #100

Age is not a factor when investing in bitcoin because there are many features that your family can take advantage of even if you pass away. I view bitcoin as an asset because, based on what I've seen and done, I don't think I'll be leaving any time soon. However, bitcoin is one of the best innovations I've come across, even though it comes with its own risks, it's still something I love and am prepared to take to the next level when I learn more.

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