Quote from: oblomov on December 04, 2017, 11:01:13 PM

Quote from: Games.Bitcoin on November 12, 2017, 09:24:34 AM

What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?

If your financial situation is secure, i.e. you withdraw less than 4% of your assets annually to pay for living expenses, it may be worth investing 2-4% of your investment capital.

This would put you well ahead of most investors in allocation to cryptocurrency.

yeah if you are old and do not have any income from your job then it would be better if you see your financial condition first, because investing in bitcoin is a big enough risk, so estimate your financial condition, if you still keep a lot of money then it is ok you put your money in bitcoin and even now it's not too late anyway,,