Not long ago, the Japanese Cryptocurrency Support Center has released an intensive course for seniors to help them learn and invest in cryptocurrencies. In Japan, seniors and middle-aged adults are increasingly showing a lot of interest in investing in cryptocurrencies.
The Cryptocurrency Support Center of Japan has launched an intensive crypto investment course for middle-aged and grey-haired adults. Last week, according to local media outlets; This is Japan’s first virtual currency investment course for seniors. On its website, it notes that; The Tokyo-based center supports dissemination of the correct information and knowledge of virtual currencies and of building assets with virtual currency with confidence. The organization states; we have connections with overseas exchange and currency issuers and we aim to promote the sound development of the virtual currency industry. The support center details; In the past, investments in stocks and FX were the mainstream. However, since 2017 virtual currencies became a topic in the news, and seniors who start investing in virtual currencies seminars… and some participants in their 80s have participated. In addition to that, one of the reasons why the elderly are increasingly turning to cryptocurrencies in order to increase their asset holdings is for the future relief of family and grandchildren to eliminate anxiety in old age.
This new intensive course is divided into two parts namely; Basic operation and maintenance of virtual currency, and investment know-how of virtual currency and measures against taxation. It teaches how to open an account at a cryptocurrency using Japanese yen, and how to store crypto in wallets and cold storage. Also, students will learn how to send and receive crypto remittances. This part will also touch on security such as two-step authentication and safekeeping and restoration of private keys.
The center elaborated that; for beginners who do not know how to buy virtual currency, we will instruct them carefully from the beginning, including how to use a personal computer. It emphasizes that; Even if you are inexperienced, even if you are not good at personal computers, you can start investing in virtual currency during the course period!
As for the second part of the course, you will be taught fundamental analysis using Twitter, technical (chart) analysis using Tradingview and Cryptopia. Students will also learn some promising altcoin watching methods, how to create diversified investment portfolios, and tax measures or tax saving methods for those with capital gains.