Post
Topic
Board Beginners & Help
Re: age 47 is it too late or not to invest in bitcoin.?
by
qwertyup23
on 09/01/2023, 21:50:34 UTC
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?

It is definitely worth it to invest in BTC no matter how young/old you are. 47 years old is relatively young given the average age group in this forum.

The beauty behind investing into BTC is that its price may skyrocket anytime. Its high volatility makes it a perfect investment either for short/long-term depending on its price on the market. As someone who has been active in this forum for five (5) years already, I have witnessed its price increasing/decreasing overtime. You can definitely earn big and take advantage of such opportunity if you are at least active enough in knowing its price.

As for inheritance, you can keep your private key stored in a hardware wallet for your kids to know when they reach a certain age. This protects your investment in becoming "lost" especially if you unexpectedly meet your demise.