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Topic: In South Korea, the largest crypto-currency investors are 20 years old - page 2. (Read 226 times)

ukw
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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.

This is completely normal and good. Because the youngsters must be looking at the future and changing things. They understand and see the benefits of the crypto currencies better than others.  Grin
sr. member
Activity: 798
Merit: 250
homt.net
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.

This is an interesting research you carried out here. The information so far is very helpful to "Cryptorians"  word as coined by me. They say that the young shall grow that's why they are involved in nearly every sector of the economy. The south Korean government should be very comfortable with that because it's going to reduce the rate of crime in that country. Thanks
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This is indeed normal,i got friends who are underage which are alreay involved with cryptocurrencies,younger generations are easily attracted to the new technology as these folks are early exposed to the technology which we have today,those people from 70s to 80s are surely not going to get what this technolgy really is that is why new folks has the advantage.
sr. member
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Merit: 256
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.
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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.
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Merit: 10
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.
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