Which age grade will more likely be easily convinced to invest in bitcoin?

[coolcoinz]

Young people are more open-minded, so you could say the younger they are the easier it is to convince them. THe problem is the younger they are the less money they have

Older people have been in the system for a long time and they got their wealth from playing this system. That's why Buffett and Munger were so much against bitcoin because they made fortunes from the existing system and bitcoin goes against it.

IMO bitcoin's opportunity is in people who inherited their money and are still young and people who made fortunes by running or investing in tech companies.

[stadus]

Educating about these young minds is not a problem. You can teach these adolescents and they will listen. However, the problem is convincing these people to invest since they don’t have means to finance their investment. So I’d rather chose these young adults from 21-30 years old.

They are more aggressive when it comes to technology innovations and bitcoin could certainly attract them for sure. As long as they have sufficient amount of earnings, they will definitely take the risk to invest. But of course, they should know their investment well prior to investing decision. That way, they will lessen the risk and increase the potentials of earning profits.

[$weetne$$]

There are many age grades, and sometimes the age grades have a way of behaving similarly based on experience they have. Now as the news of Bitcoin is becoming a global trend. Which Age grade do you feel is more easy to convince in your country?

I do not think Senior citizens should be in the list because they have live long on the promises of the banks and have not experienced anything like Bitcoin therefore they would not want to make any big risk while they are closer to retirement and getting their pension that they will use while retired. It could also be that they have other plans and it would not involved investing in something that is only being invented recently. I have heard excuses that Bitcoin is new and it would not be accepted in the future and this usually comes from the senior citizens. The age bracket that I think will be more interested in investing in Bitcoin are young adults that are still hustling to get a better life.

[tread93]

This is a discussion I started in our Local Board, but I think the topic can be discussed more broadly because the answers can be different from place to place.
There are many age grades, and sometimes the age grades have a way of behaving similarly based on experience they have. Now as the news of Bitcoin is becoming a global trend. Which Age grade do you feel is more easy to convince in your country?

Adolescence or youth (13–20 years)
Young Adults (21–30 years)
Mature Adults (31–45 years)
Senior Citizens (46 years and on)

So we can have a sweet discussion, please give a reason for your answer.

Young to mature adults would be easier to educate on Bitcoin simply because they have more experience and a broader understanding of things but the youth would definitely also be 50-50 with this stuff I feel like

[uchegod-21]

I believe younger people will be more easily convinced to invest in Bitcoin than elderly people.

A lot of technological advancement has happened, and young people are so fortunate to have been born at a time when tech has become a household thing. This has made them more open-minded to learning and trying out new things. It is okay to conclude that the young people we have now are more risk-tolerant than the older people who prefer to stick to the known.

Young people want to be financially independent, so they will try out anything that could take them to that level of financial independence they so crave. Bitcoin is perceived by most young people as a get-rich-quick scheme, so they will find interest in it, just the same way they find gambling attractive.

Bitcoin investment is the investment for young people. You don't need to stress much to convince them to invest. As for older people, you have to teach them a lot about blockchain technology and convince them why you think Bitcoin is a currency.

[Miles2006]

An Adolescence stage will likely be easy in terms of educating, at this stage they can easily believe what ever they heard about bitcoin but, doesn’t mean convincing one to invest has to do with lying. I guess there’s no perfect investment likewise bitcoin although in this situation it takes a lot for a child in such age range to learn the pros and cons of bitcoin basically they need a mentor, for example learning bitcoin education from a young age seems easy and better compared to an adult.

[Obari]

Personally I think regardless of age groups, people that have the money are those who will buy or invest in it because there are a lot of people who would love to invest more in bitcoin if they have the opportunity to and I think I will answer the question from a perspective that, if there are steady flow of income, and a proper knowledge of bitcoin, the age category that would invest more are the mature adults which I think are supposed to be done with reckless living and now trying to start a family and if they have enough access to fiat, a lot of people in this category would possibly rack in more of the coin than other age categories listed above.

An Adolescence stage will likely be easy in terms of educating, at this stage they can easily believe what ever they heard about bitcoin but, doesn’t mean convincing one to invest has to do with lying. I guess there’s no perfect investment likewise bitcoin although in this situation it takes a lot for a child in such age range to learn the pros and cons of bitcoin basically they need a mentor, for example learning bitcoin education from a young age seems easy and better compared to an adult.

Yes I agree with you but I think oj the other hand, there might still be possibilities that, these adolescent might think they’re doing you a favour by learning and most times, the adolescents of these generation are more focused on quick money and profit which bitcoin doesn’t guaranty except such a person wants to trade, which makes it difficult for these age groups to adopt.

There are many age grades, and sometimes the age grades have a way of behaving similarly based on experience they have. Now as the news of Bitcoin is becoming a global trend. Which Age grade do you feel is more easy to convince in your country?

I do not think Senior citizens should be in the list because they have live long on the promises of the banks and have not experienced anything like Bitcoin therefore they would not want to make any big risk while they are closer to retirement and getting their pension that they will use while retired. It could also be that they have other plans and it would not involved investing in something that is only being invented recently. I have heard excuses that Bitcoin is new and it would not be accepted in the future and this usually comes from the senior citizens. The age bracket that I think will be more interested in investing in Bitcoin are young adults that are still hustling to get a better life.

Yeah you made an excellent point but don’t you also think that, se hope adults that have the proper knowledge of bitcoin would want to invest more in it not just for themselves but also for the children they might be leaving behind?
What senior citizens wants is some sort of generation investment with minimal risk and good return over time and bitcoin fills in threat gap.

[Odusko]

The level at which young people become so compartable with Bitcoin have made the digital currency an assets of the young generations, a lot of times when we try to talk older people into Bitcoin, they always get hostile and become suspicious, unlike the group between 17-35 or even at 40 year old fork's, so we can say that Bitcoin can easily get sold out young people.

[finaleshot2016]

This is a discussion I started in our Local Board, but I think the topic can be discussed more broadly because the answers can be different from place to place.
There are many age grades, and sometimes the age grades have a way of behaving similarly based on experience they have. Now as the news of Bitcoin is becoming a global trend. Which Age grade do you feel is more easy to convince in your country?

Adolescence or youth (13–20 years)
Young Adults (21–30 years)
Mature Adults (31–45 years)
Senior Citizens (46 years and on)

So we can have a sweet discussion, please give a reason for your answer.

Young adults are the best answer here, the younger they are the easy to make them more interested in bitcoin. Based on experience that's also the age of those I teach about bitcoin in the past. They're the one who are easy to teach because they're tech enough to understand the terms because they're exposed to the new technology. Also, they're the one who appreciate the value of money once they group so that's why young people invest in bitcoin or let's say in other things too to secure a good future.

[Agbamoni]

31-45 years have more reasons to invest due to some investing for retirement while others investing to get rich. It is said that these sets have more money to invest in. They also have experiences on investing in traditionally asset like real estate, stocks and bonds so they are open to diversify into alternative assets like Bitcoin as a store of value. We should also consider the fact that Bitcoin is always better in long term, individua's within the age of 31-45 years would not want to lose in their investment, so Bitcoin seem to be a more preferred investment because it increases over time not the opposite.

[Pokapoka124]

13 years is too young to be involved in bitcoin. In my opinion, a person has to be 18+ before they can make these kind of financial decisions. In my country Nigeria, I think the age grade that is most attracted to bitcoin is the young people from age 21-45 years. The older folks (46 years and above) are also very interested in bitcoin especially when they learn of the potentials of making profits from bitcoin investment. Bitcoin is a easy sell in my country because it is a poor country and everyone is looking for a way to become wealthy.

[batang_bitcoin]

The ones with money are easier to convince to invest in Bitcoin. But are we like that? are convincing people to invest? because it's not an ideal thing if we will make it through that. But knowledge is everywhere today, in internet, everyone is free to search and as early as 3-5 years old. There are kids that are using the smartphones and tablets and searches anything that they can. And that's why, there is no limit now a days for people to search for things like Bitcoin. if it's about having the guts to invest and understanding the risk, the younger ones has it.

[Lida93]

The is that it's simply easier to talk to the younger people about bitcoin and for them to see the need to invest than trying to convince the older aged. My opinion on this is based on the experiences I have had about how most older aged people reason about unconventional forms of investment assets which bitcoin falls into that category of thought. They always have logical contradictions to give as to why they think its not safe and may not work.

[hero_the_bossman]

The is that it's simply easier to talk to the younger people about bitcoin and for them to see the need to invest than trying to convince the older aged. My opinion on this is based on the experiences I have had about how most older aged people reason about unconventional forms of investment assets which bitcoin falls into that category of thought. They always have logical contradictions to give as to why they think its not safe and may not work.

Older people already have the beliefs that are there and are probably there not to be changed even if the facts are there, whereas younger people - they are still in search for something to believe in or test.

[Die_empty]

There are many age grades, and sometimes the age grades have a way of behaving similarly based on experience they have. Now as the news of Bitcoin is becoming a global trend. Which Age grade do you feel is more easy to convince in your country?

I do not think Senior citizens should be in the list because they have live long on the promises of the banks and have not experienced anything like Bitcoin therefore they would not want to make any big risk while they are closer to retirement and getting their pension that they will use while retired. It could also be that they have other plans and it would not involved investing in something that is only being invented recently. I have heard excuses that Bitcoin is new and it would not be accepted in the future and this usually comes from the senior citizens. The age bracket that I think will be more interested in investing in Bitcoin are young adults that are still hustling to get a better life.

Senior citizens should be in the list. The younger generation might be tech savvy but there are still senior citizens who might be interested in cryptocurrencies. There are still people who are over sixty years old and are still investing.

Bitcoin is a profitable investment, and any business-minded person, regardless of age, would know it is worth investing in. I would like to keep Bitcoin as an inheritance for my children and grandchildren. At that age, I might not be engaging in active work, but I would still be studying about investment opportunities that will multiply my income. I heard Bill Gates say he would give out ninety-nine percent of his wealth to charity by 2045. Some senior citizens are still investing to give to charities and Bitcoin is good platform to achieve it.

[bakasabo]

But, I think the Z generation, aged from 18 to 25 are the ones who does not want to put much effort to earn and would easily be convinced to invest in Bitcoin, altcoin and any meme-coin. Simply promise growth x10 in a month and they will sign for that in no time.

There's no one in this world want to put much effort to earn, including 90 years old grandpa.

What you said is like a gambling mentality, gambling are popular in any ages.

I did not want it to mean «like a gambling mentality», but if you offer 90 years old grandpa to do something, even if it does not require any physical activity, he would reject it. Offer anything to elder people and they will say that they are fine with how they are now and dont want to change anything. Offer a young guy, who has recently graduated from school or university, something that will cost x5 times more in «a period that is less than a year», he will sign for that offer instantly, because he already will start seeing himself in G-wagon, with expensive watches on the wrist, cruising to his multimillion mansion.

[john_egbert]

I did not want it to mean «like a gambling mentality», but if you offer 90 years old grandpa to do something, even if it does not require any physical activity, he would reject it. Offer anything to elder people and they will say that they are fine with how they are now and dont want to change anything. Offer a young guy, who has recently graduated from school or university, something that will cost x5 times more in «a period that is less than a year», he will sign for that offer instantly, because he already will start seeing himself in G-wagon, with expensive watches on the wrist, cruising to his multimillion mansion.

Younger people just see the potential as its already in their pocket, as you said, even if that may be not true in the end.

[Lida93]

The is that it's simply easier to talk to the younger people about bitcoin and for them to see the need to invest than trying to convince the older aged. My opinion on this is based on the experiences I have had about how most older aged people reason about unconventional forms of investment assets which bitcoin falls into that category of thought. They always have logical contradictions to give as to why they think its not safe and may not work.

Older people already have the beliefs that are there and are probably there not to be changed even if the facts are there, whereas younger people - they are still in search for something to believe in or test.

You not far from the obvious about the different generations but it also has so much to do with the type of exposure the the people gain both for the young and old.  Because I have seen some few older persons that are keen towards testing bitcoin to see what the financial innovation has to offer. Their exposure makes them hungry to want to know about new things as the world evolves unlike those that are less or with no sound exposure. I think this is the advantage this present generation has over the previous with the advancement of technology it makes things easier to search and grasp with just a button press.

[fikrett]

The is that it's simply easier to talk to the younger people about bitcoin and for them to see the need to invest than trying to convince the older aged. My opinion on this is based on the experiences I have had about how most older aged people reason about unconventional forms of investment assets which bitcoin falls into that category of thought. They always have logical contradictions to give as to why they think its not safe and may not work.

Older people already have the beliefs that are there and are probably there not to be changed even if the facts are there, whereas younger people - they are still in search for something to believe in or test.

You not far from the obvious about the different generations but it also has so much to do with the type of exposure the the people gain both for the young and old.  Because I have seen some few older persons that are keen towards testing bitcoin to see what the financial innovation has to offer. Their exposure makes them hungry to want to know about new things as the world evolves unlike those that are less or with no sound exposure. I think this is the advantage this present generation has over the previous with the advancement of technology it makes things easier to search and grasp with just a button press.

If the capital is there, interest will follow

[milewilda]

This is a discussion I started in our Local Board, but I think the topic can be discussed more broadly because the answers can be different from place to place.
There are many age grades, and sometimes the age grades have a way of behaving similarly based on experience they have. Now as the news of Bitcoin is becoming a global trend. Which Age grade do you feel is more easy to convince in your country?

Adolescence or youth (13–20 years)
Young Adults (21–30 years)
Mature Adults (31–45 years)
Senior Citizens (46 years and on)

So we can have a sweet discussion, please give a reason for your answer.

Adolescence or youth (13–20 years)

Going with this age on which knowing on the generation today on which almost everything could be learned and seen through mobile phone then it would be that easily making yourself be wary about of these opportunities or things around you. Somewhat it will be still that basing up on someones interest becase each person does have their own mentality on things on which it will be that still depends with those factors on which whether they would be making up some engagement or they will be just that simply be ignoring it out and focus into the current things that they've been dealing into. As a parent and wanting to teach our kids then its better not to be that forcing them on what they do wanted to learn but if you do saw that there are some glimpse of interest towards Bitcoin or crypto then this is the time that you would be trying to set in and make out some explainations towards it. Convincing them wont do something good and just let things to act naturally and not that being forcible because that might cause up that stress and lose interest instead.