Imagine I am a person from the seventies. I know nothing about current technology and Bitcoin.
Hearing the talk of Bitcoin around, I felt that I also need to invest here.
Now what advice would you give me? Which advice will have the highest chances of profiting from investment if I follow it?
In my case, questions are very important for beginners. You should provide your best opinion here. So that the opinions are useful for those who want to start investing in Bitcoin.
For someone in their seventies I will advise you invest in Bitcoin for the sake of your grand children or your children maybe because if you are to do the long term investment which is what I will mostly advise, looking at live expectancy generally, you will not be in the best state of health or mind in the next q0 to 15 years to utilise the benefits that will be gotten from the investment in Bitcoin in a long term period. You can just throw in some funds there if you have it and then will it or gift it to your kids or grand kids so that they will benefit from it in the near future.
As a man in his seventies coming in contact with Bitcoin for the first time, except you are a very educated and versatile smart person who's mi d is still sharp and very updated with Morden technology and trends, I will advise you employ the services of a firm, preferably a brokerage firm who branches into cryptocurrency and ask for their advice and be guided professionally to invest and secure the future of the younger ones after you, otherwise if it's a young man with a very sharp mind, my advise is simple dedicate 6 months to learning and gwt into bitcoin, you will do pretty good for a start