Post
Topic
Board Bitcoin Discussion
Re: I told my grandma to put all her lifesavings in Bitcoin because you guys said
by
Doms
on 29/09/2017, 02:01:10 UTC
Different age groups have different risk tolerance levels. If might not be wise for a very old woman to still invest her money on speculative asets like bitcoin. If for a reason the price slides down by more than 50%, it might take a while for her to recover her losses. And time is what she is lacking considering she should just be spending her life enjoying her remaining years.