Quote from: crunck on Today at 12:16:55 AM

Quote from: Jody.Drummer on February 25, 2023, 11:41:33 PM

Quote from: Dickiy on February 25, 2023, 11:07:13 PM

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 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.

I think there is no age limit in getting to know bitcoin or crypto, if the child knows how to invest and use it well by getting lessons from his parents or from how he knows bbitcoin himself I think there is no limit in this case, we can equate it with fiat, many small children have played with money, even old people, without knowing how and what it is made of, I think it's the same thing, if we consider that bitcoin is a currency.
I think if the crypto you mean is Altcoin it will not include wisdom in making decisions because it is more that but if the crypto you mean is bitcoin I think you are someone who is wise and smart.

Age is not a limit, but it would be better if we talk about children, so providing insight from the start and trying to guide investing in our teens is clearly highly recommended.
The age of children is still vulnerable and I don't think it is suitable to talk about investing at their age.
Learning may be great but it is certainly not urgent and must be done in childhood for them. Their souls are still very free and of course allowing investment for too early age also has a negative side there.

Many people believe that the earlier children are educated, the richer they will be when they grow up. I can say that it is a misconception. I was a later bitcoin investor than many, but now I have made more profits than the people who joined before me. Sooner or later it doesn't matter, as long as we make better use of the opportunities presented, we can make more profits. Children too, do not rush to teach them about bitcoin, teach them when they are mature enough.

Yes I agree with you. Because if you want to invest in bitcoin, it is better if you have a good idea and then invest in bitcoin. If you invest in bitcoin without an idea, you will have a big chance of losing money instead of making money. And if a child is interested in learning about bitcoin, let him know about bitcoin. It's fine to give ideas. And if someone is not interested then I think it would be foolish to give them ideas about Bitcoin against their will.