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

[imamusma]

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.

If the OP wants to invest in bitcoin at the age of 47, then surely that's not a big deal to do. He just needs to know how bitcoin and the market work, and how to secure those bitcoin after buying them. A lot of hard things get easier when we make them easier, I mean it's just about our mindset on what we want to learn and find it important.

I don't think the OP has to be someone who studies technical if the goal here is as an investor. A basic lesson about bitcoin is enough to let him know how it works and how to get value.

[1715004942]

1715004942

[Rockstarguy]

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.

As far as one is able to reason well nothing stops one from investing . What can be an obstacle from making one to be unable to invest is when their is problem for reasoning due to old age. For the fact that one is still sound in thinking their is an ability to invest no matter the age. I have come across aged men that are into bitcoin investment and are doing well. Bitcoin investment was never designed for a particular age range of people to succeed in it. Bitcoin is for everyone both young and old people .

[Sakanwa]

Been at 47 and getting into investment is not too late or you think you too old for it, No you shouldn't see it that way because it never late for you now. If you want to get into any investment now you need to be very much careful and smart.
When investing at that age you need to know the right from the wrong platform so that you will will not fall in the hands of scammers.
When i fort went into investment was at my 20 and I was going fine and I happy about it,but I never new it all about and I lost alot because I didn't give my all to it, so I realized that you learn and you need to be smart also.

[Woodie]

People always say age is just a number and I think it's appropriate we apply it here.. besides investing in crypto at that age is perfect timing as you aren't in so much of a hurry to make money like a teenager who would want to have money to impress or showoff to his /her friends...at this point it could be considered as diversifying your investments on top of what you might already have. If you like you can leave your crypto investment as a present for your kids or grand kids when the grow up which should be worth something.

[Osama Maaz]

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 Welcome to this highly profitable field Sir long-term not means that you are unable to take profit in 2 years it means when you invest you need to set your mind to not expect early profits and this year and next year the bullrun season is starts so buy in parts and take your average price below 20k usd then wait i guarantee you that you have potential ( Crypto ) that it will give you 5x profits in only two three years so be wise hold strong and keep your crypto in wallet and keep your keys in different places that if any problem with your health happen then you have backup of your funds in your locker .

[lalabotax]

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.

I do agree with some people who said that there is no limitation on the age to invest in Bitcoin. I think that in some countries, the age of 47 seems to be still powerful and spirit enough to do something. This is not late because you still have the chance to enjoy the result if you want to invest in the long term. But I think that you must know and understand the basics of crypto investment. I mean the risks and also the chances to get the profits. As long as you are willing to learn and not going to scammers, you may choose Bitcoin as the best choice for investment. But ensure that you will not panic if the market is dropping. Here, you can enjoy your investment by waiting for at least the bullish era so your asset value will be increasing.

[drwhobox]

If you have money to invest in bitcoin, 47 is just a number, in some part of the world people looks strong at this age.
Keep your seed phrases to your family members or let them know about your investment on bitcoin. At this age you should have a family, you should have kids, so let them know about your investment.

[Woodrose]

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?

Nice to see your post! I really admire those people who are open-minded when it comes to investment. Actually, I am working in other country since last year. And I have met a lot of young people 4 to 8 years older than me but they don't have any idea about cryptocurrency. They only knows that bitcoin is a shit scam. Then, I was shocked because I have met 2 different people from my own country who are currently investing in cryptocurrency for their retirement. And guess what? They are both above 60+ years old. One of them tried to mine bitcoin before and the other one stays in long term holding.

That is why I am always glad to see them because everytime we talk together, we always share our opinion about bull run and insights in cryptocurrency. BTW, I am in 20's.

[martyns]

I don't see any age as too late to invest in Bitcoin,as long as man is still breathing,and you have the means to invest in bitcoin,do it,because man is never tired of making money,
As far as I know,I will continue investing in long term project to save me tomorrow from being bankrupt,and to save me from being poor.I know 47 is almost closer to years of retirement,but it isn't still bad to invest despite reaching that age.Most people get project that will save them from poverty in the nearest future from now,and sell it when the demand for it is high.

[Bholutefe]

Your age shouldn’t be a restriction in order to chase after your goals on investing in bitcoin, making an attempt to invest is a very bold step to the determining factor. Once you gather the adequate information and vital details on how to go about making the right investment, then you are good to go. You can always enjoy your profit once Bitcoin rises (which I believe that it would definitely rise sooner or later). A good investment is a great asset which will be so much beneficial to you and your children later in life. Bitcoin still has a very long way to go in order to rise even in the future, so therefore when you invest now on BTC, you ain’t making any form of mistake, you are actually making a very bright and greater investment.