Post
Topic
Board Bitcoin Discussion
Re: Are there age limits to Bitcoin investment?
by
Iranus
on 23/02/2023, 15:12:16 UTC
I was actually wondering if there are any restrictions on age as to investing in Bitcoin?
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.
Have you ever heard the saying "plant as early as possible, then you will get results in old age" like investing in bitcoin if we teach investing to children who are 10 years old and when children grow up to be more mature then they will definitely get a large amount of return from investing in bitcoin them, especially if these kids are able to hold bitcoin for a long term, let's say hold it for a period of 8 years while waiting for them to turn 18, then they won't miss the two bull market periods that usually happen every 4 years after the bitcoin halving.

Teach bitcoin to children as well as early adopters of bitcoin, many of whom became rich by investing in bitcoin early on. I also support bitcoin education for our children, but we need to monitor them closely because once they know bitcoin can be profitable, they will easily get addicted to it or use it for gambling purposes.
Educating children is a tough thing, we need to be patient and spend a lot of time with our children, otherwise, it will be very easy to leave unpredictable consequences.