Post
Topic
Board Bitcoin Discussion
Re: Are there age limits to Bitcoin investment?
by
Ziskinberg
on 24/02/2023, 22:21:39 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.
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.
Teaching young age like you have said OP is not like we are giving them responsibility but that is just a sort of crypto education. Of course, it was hard for them to adapt and understand the situation because they are not yet ready for this big responsibility. I can't pinpoint the best age to start investing in Bitcoin but as long as a person is mature enough to make decisions and can handle the stress, then is capable enough to do this. In fact, some young age had already made business which is also similar when it talks to investing. It is just how they are focused on their life to improve and it doesn't matter about your age but the wants.