Quote from: Obari on February 21, 2023, 07:48:14 AM

I was actually wondering if there are any restrictions on age as to investing in Bitcoin?

I have not seen any age restrictions to date to own Bitcoin. However, there are some exchanges that do your KYC to know that you are of legal age to trade.

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I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress.

If you share it as a way of knowledge to them, they will learn something new. There is no need to discuss the financial aspects of btc because that will draw the mind of your children to 'gamble' with your money in case they need it but you deny to give it to them, especially the greedy kids need too much care to be kept away from trading aspect of crypto till they become mentally prepared to face that situation.

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Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.

The retired people should take care of their life with the money left with them because in today's world, even your own son may kick you out any day and you will suffer without money. Investing in crypto at that age is for those who have enough left on their hands and want to gift their grandchildren with some crypto later when they grow bigger.