Because they are more likely to see that their investment is definitely not going to be a scam. Bitcoin investment in metal product investment such as gold and silver is different. Bitcoin is a digital currency available in many ways, gold and silver have a stable price and price increases depending on demand and supply like bitcoin. More than the bad news that spreads today affects bitcoin so they prefer to invest in gold and silver.
Its been a traditional investment by oldest to invest in precious metal or solid asset. But with the entry of crypto digital trading in the market, change the out look of general market atmosphere. As crypto trading market or the Bitcoin is getting a lot of attention, with the news, issues on Banned, Scammer, Hacking and the issue s on Regulation by the financial institution whom critical on crypto, does affect the total trading market or the behavior of older people to invest. But, we can see the participation of old investor in the trading mnarket.