Topic: In South Korea, the largest crypto-currency investors are 20 years old (Read 184 times)
March 20, 2018, 08:05:02 AM
For me I believe Blockchain technology as a whole is a trend that should thrive most among young folks. However I am not insinuating that older folks can benefit , it actually made for everyone regardless of the age or generation factor. Its just that the younger folks will enjoy the more as the technology is the future.
March 19, 2018, 03:15:01 PM
This is how it should be. Blockchain is for the future financial and all transactions. The rising generation embracing it is apt because the future belongs to them. I like the exposure the young once had concerning blockchain and South Korea will be better for it.
March 19, 2018, 03:09:23 PM
Not really surprising to be honest. I would have been more surprised if the average investor was 50 
March 19, 2018, 03:03:11 PM
As you know,the crypto-currency market brings a very high percentage,but at the same time it is very risky,but I think long-term for 1 year,who now will buy in the black clearly,but the fact is that many purchased at a high price and are now waiting for the market to recover what would sell their tokens. The Koreans, well done that is there to tell me more.
March 19, 2018, 02:14:38 PM
This isnt surprising at all because the youth are quicker to learn and accept newer technologies, being more receptive to the risks involved. Maybe this is one more underlying aspect responsible for the volatility of the cryptosphere.
March 19, 2018, 02:13:30 PM
Very young but it's not a surprise for me. These younger generations are techier and understand easily the new technology we have right now including crypto. They can easily adapt it compared to the older ones. Maybe we can also consider that they are more risk takers.
March 19, 2018, 02:02:27 PM
Hello! At the onset of the cryptocurrency revolution which began with Bitcoin, South Korea seemed to be leading the way almost on all fronts. Numerous exchange platforms were established in the country as the population caught the crypto bug.
March 19, 2018, 12:38:06 PM
I can belive it easely. I don`t think that main investors are man 50+ years old. 50+ y.o. men if they have money invest in something more traditional than tokens and crypto.
March 19, 2018, 12:26:12 PM
Waoh, that's kinda young i believe?
I mean 20 year old investors are consider young when we come to the age group for investment. Although there's no age limit/restriction on when you can start to invest
Of course, the earlier the better
I believe that this might be a good push, perhaps not everyone make money off crypto but learning investing is always about experience and knowledge
I mean 20 year old investors are consider young when we come to the age group for investment. Although there's no age limit/restriction on when you can start to invest
Of course, the earlier the better
I believe that this might be a good push, perhaps not everyone make money off crypto but learning investing is always about experience and knowledge
March 19, 2018, 12:24:40 PM
From my findings and observation, this is not applicable in South Korea only. I think it’s almost everywhere in the world, it is absolutely understandable that we are now in digital age not those days of analogue. Everything is absolutely done with Computer and every young guys around are looking for easy job that only require s knowledge not the stress work to earn a living. Even here in my own country here, the young ones below 25 are the one investing in cryptocurrency. The world system Jammie changing gradually. Cryptocurrency business is one of the business liberating youths from poverty. Thanks
March 19, 2018, 12:18:18 PM
Hi, I think South Korea is potential Country that could become the “Next China” in the Crypto Market. Over the last couple of decades, South Korea has established itself as a tech-savvy country. The Asian country leads the way in many technological fields with some of the most popular tech brands.
March 19, 2018, 12:16:58 PM
the younger generation now love an innovative technology to get a profit, not only in Korea today that the majority of young people invest in cryptocurrency, but also so many other countries like that. this proves if the younger generation can compete in the global economic conditions in the field of online.
March 19, 2018, 12:13:46 PM
It is good to know that majority of the investors from korea are young, although people from all age groups are interested and trading cryptos all over the world but it is true that the majority of them are represented by the young people from 20-40 age range.
March 19, 2018, 12:07:06 PM
It is not surprising to read about this news. The young adults are likely be attracted to higher risk investments to make the maximum returns.
This news does not surprise me as well.Have you heard about the youngest guy, who has become a billionaire exactly due to Bitcoins? Listen what he is telling the viewers about it: https://www.youtube.com/watch?v=k4FNmp3mKp4
March 15, 2018, 02:31:03 PM
If schools start teaching crypto, then the average age of investors will drop to 10 years.
Which country will do this first?
Which country will do this first?
That's interesting, I wonder what other countries will start adapting it first.
March 15, 2018, 02:21:36 PM
If schools start teaching crypto, then the average age of investors will drop to 10 years.
Which country will do this first?
Which country will do this first?
March 15, 2018, 02:10:54 PM
What younger generations want is volatile assets who make some price action. They get bored with the traditional investments and want something that is more active.
Not only that, they do understand technologies behind the cryptocurrencies easier than any old age people. Korea is a big player here and most of the investors are young with less money to invest than their adult counterparts but young people always like to take more risks than older people. March 15, 2018, 02:01:53 PM
He might be one of the youngest billionaire when he reached his 20's that is why i am asking my friend to take a look at cryptocurrency potentials because it could really gave us so much money that we couldnt get if we work for years in the office,better than any market as of now but we need to take a look what will happen to the cryptocurrencies this year because it might be the start of our happy days as many countries are regulating cryptocurrencies.
March 15, 2018, 01:48:48 PM
According to the South Korean news agency Yonhap, the main crypto-currency investors in the country are approximately 20 years old. The result is not surprising and corroborates the idea that younger generations prefer to invest in this new industry at the expense of traditional stocks and bonds.
The Korea Financial Investor Protection Foundation interviewed 2,530 people between the ages of 25 and 64. Of the investors in crypto-coins, 22.7% are 20 years old; followed by buyers of 30 years, which correspond to 19.3%.
The ones that invest the least in this virtual modality are people in the 60s, with 10.5%, and 50 years corresponding to 8.2% of the total.
However, the buyers of 60 years were those who applied a larger amount of money, equivalent to $ 6,199 million. By comparison, young 20-year-old investors spent $ 2,724 million.
In the overall assessment, 70.2% of respondents purchased crypto-coins as an investment medium, while 34.1% used the asset to pay for goods and services.
In addition to South Korea, venture capital firm Blockchain Capital interviewed more than 2,000 US residents aged 18-34 in November 2017.
The result showed that 30 percent "prefers to invest a thousand dollars in Bitcoin than the same thousand dollars in stocks or government bonds," but only 2 percent of them had already dived into the sea of crypto-coins.
The director general of Blockchain Capital, Spence Bogart, said that "the research results reinforce our belief in the massive opportunity ahead of Bitcoin."
Another survey conducted in December 2017 by the London Block - an exchange of cryoptomes based in England - showed that of the 2,000 Britons approached, 5% of them, under the age of 45, declared themselves to be crypto-currency investors.
The survey also points out that 11% want to invest in crypto-coins this year. 2018 will also be the time when 1/3 of the millennia will invest in crypto-coins.
And it's cool, I also noticed that the majority of people engaged in cryptocurrency are young people, and the reason is that older ones people are afraid to take risks, and they refrain from investing in cryptocurrency The Korea Financial Investor Protection Foundation interviewed 2,530 people between the ages of 25 and 64. Of the investors in crypto-coins, 22.7% are 20 years old; followed by buyers of 30 years, which correspond to 19.3%.
The ones that invest the least in this virtual modality are people in the 60s, with 10.5%, and 50 years corresponding to 8.2% of the total.
However, the buyers of 60 years were those who applied a larger amount of money, equivalent to $ 6,199 million. By comparison, young 20-year-old investors spent $ 2,724 million.
In the overall assessment, 70.2% of respondents purchased crypto-coins as an investment medium, while 34.1% used the asset to pay for goods and services.
In addition to South Korea, venture capital firm Blockchain Capital interviewed more than 2,000 US residents aged 18-34 in November 2017.
The result showed that 30 percent "prefers to invest a thousand dollars in Bitcoin than the same thousand dollars in stocks or government bonds," but only 2 percent of them had already dived into the sea of crypto-coins.
The director general of Blockchain Capital, Spence Bogart, said that "the research results reinforce our belief in the massive opportunity ahead of Bitcoin."
Another survey conducted in December 2017 by the London Block - an exchange of cryoptomes based in England - showed that of the 2,000 Britons approached, 5% of them, under the age of 45, declared themselves to be crypto-currency investors.
The survey also points out that 11% want to invest in crypto-coins this year. 2018 will also be the time when 1/3 of the millennia will invest in crypto-coins.
March 15, 2018, 01:43:18 PM
It's worth remembering that young people don't have much money, they are students with debts to pay. Wait a few years until they get older and have high paid jobs. First thing they will do is invest part of their salary in crypto. The market still has a long way to go, trillion dollar crypto market is going to happen one day, maybe next year
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