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Topic: Why Do Young Investors Prefer Cryptocurrencies? - page 10. (Read 1392 times)

full member
Activity: 784
Merit: 108
Young people's uptake of technology will be faster.  Young people are active, have choice and simply some because of their passion and preference for the most advanced technology, which is already the technology of the future for them.  Adults usually don't have the habit of choosing too big of a risk, I think the bigger the young community, the more bitcoin and cryptocurrencies will grow.  Not only young investors, there will be countless young people who still choose to mine, trade,...
sr. member
Activity: 1918
Merit: 442
Eloncoin.org - Mars, here we come!
Other investment instruments may not interest millennial youth and prefer bitcoin or cryptocurrency. The current popularity of cryptocurrencies even attracts everyone, not only millennials, but professional investors too.
Young investors have a good opportunity to get into cryptocurrencies but are also balanced with good capital. Some of them only have capital from their pocket money and that is a good start. Set aside a little of their money to invest in cryptocurrencies.
Well I agree and some point is young millennials are quite good in technologies such as cryptocurrencies are belong to this criteria. We know about cryptocurrencies that involve technology which is very easy to understand by the new millennials, not like old investors are only focus on the stocks because they believe it is good if you will see the product that you invested in while crypto is only encrypted by the computers. I think that is why young investors prefer and will understand the value of cryptocurrencies.
legendary
Activity: 2310
Merit: 1076
zknodes.org
Other investment instruments may not interest millennial youth and prefer bitcoin or cryptocurrency. The current popularity of cryptocurrencies even attracts everyone, not only millennials, but professional investors too.
Young investors have a good opportunity to get into cryptocurrencies but are also balanced with good capital. Some of them only have capital from their pocket money and that is a good start. Set aside a little of their money to invest in cryptocurrencies.
hero member
Activity: 2212
Merit: 786
I do think that it is also linked to the convenience of owning/purchasing BTC compared to the traditional modes of investment.

For example, owning stocks require you to open a bank account and a brokerage account in order to own those shares of stocks (though there are banks that have their own stock account). Another example is bank investments or purchasing gold. All of those aforementioned example require you to at least own something in order to start. Whereas in BTC, just create a wallet and purchase it on trusted websites then you are good to go!
hero member
Activity: 1112
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Don't Get Involved
It's pretty simple. Investing in crypto currency is the easiest form of investment without much regulatory procedures unlike the centralized government owned investment which requires excess documentation. For Crypto investment all one needs is just the patience to buy a coin and hold until it begins to appreciate
Yes agree with you. Investing in crypto in my opinion is very easy. Does not have any conditions and is not bound. It is enough just to learn how to invest and have capital. And there is no limit to capital problems, even small capital can still invest in Crypto. All of this is what causes young people to be literate in bitcoin investment.
legendary
Activity: 2002
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Leading Crypto Sports Betting & Casino Platform
I think anyone who loves anything that has to do with technology will always have interest in cryptocurrency. Cryptocurrency is one of the coolest things when it comes to tech. And most of the youths these days are always interested in technology and what it can do for them, so when they see cryptocurrency they develop interest in it.

Although I do know that majority of them that are going into cryptocurrency are doing it because they want to get rich quick. I have seen a lot of them and that’s what they are after; money. Then there are also those who truly have genuine love for cryptocurrency and they want to build a good business on it and also be able to contribute to their community through it, because they believe that crypto is the future.
sr. member
Activity: 1246
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SmartFi - EARN, LEND & TRADE
Of course, the enthusiasm of young people will be greater especially when they follow technological developments where many people are currently talking about bitcoin. It cannot be denied that young people are also smarter in understanding or deciding something because here it takes careful thought before deciding something. besides that it takes more effort in investing in bitcoin because we have to be more patient in following this ups and downs crypto market. Many fail to invest in bitcoin because they are in a hurry to decide something so they don't think carefully.

Younger generation are more open to new technologies that are being introduced in the market.
They have the curiosity to check and learn, whereas, most older generations tend to stick to their traditional way of living.
This is why younger gen are good targets when it comes to new advances in technology, and in this case, the rise of cryptocurrencies.
They are more versatile when it comes to this type of investment and are willing to understand more about its true nature.

They were not born into hardship like their parents. Materials are easily obtained through new ways of working. Careers of young people are more dynamic and diverse.
They are young, dynamic, open to technology, but the starting purpose is also to make a profit. Obviously, Crypto offers very attractive profits. Young people today have a habit of spending more money than their parents at the same age. That's why they look to cryptocurrencies. The big risk from cryptocurrency is scam, and there are many people who have lost all their money in investments.
member
Activity: 266
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Because of the obvious reason that they see in crypto currency is giving the maximum returns when compared to other investement options like real estate and stocks. specially in past couple of years how crypto boom has attracted them alot.
jr. member
Activity: 60
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At present, there are few investment fields for young people. Young people often like low-investment and high-return fields. Compared with investments in the stock market and property market, cryptocurrency investment does not require too much capital to start earning their first pot of gold, and encryption Currency is more in line with the development trend of the young age, so there will be a lot of young people investing in cryptocurrency!
legendary
Activity: 3164
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
Younger generation are more open to new technologies that are being introduced in the market.
They have the curiosity to check and learn, whereas, most older generations tend to stick to their traditional way of living.
This is why younger gen are good targets when it comes to new advances in technology, and in this case, the rise of cryptocurrencies.
They are more versatile when it comes to this type of investment and are willing to understand more about its true nature.

The young people have a higher risk-appetite. They have lower amount of disposable income available with them, but they tend to invest more in high-risk high-return assets. On the other hand, the older generation has seen huge number of scams and many of the elderly associate anything related to internet as ponzis. For them, Bitcoin is just another HYIP scam. On top of that, these people fail to understand that the governments and mainstream media have an ulterior intention when they deride Bitcoin.
hero member
Activity: 2716
Merit: 588
Of course, the enthusiasm of young people will be greater especially when they follow technological developments where many people are currently talking about bitcoin. It cannot be denied that young people are also smarter in understanding or deciding something because here it takes careful thought before deciding something. besides that it takes more effort in investing in bitcoin because we have to be more patient in following this ups and downs crypto market. Many fail to invest in bitcoin because they are in a hurry to decide something so they don't think carefully.

Younger generation are more open to new technologies that are being introduced in the market.
They have the curiosity to check and learn, whereas, most older generations tend to stick to their traditional way of living.
This is why younger gen are good targets when it comes to new advances in technology, and in this case, the rise of cryptocurrencies.
They are more versatile when it comes to this type of investment and are willing to understand more about its true nature.
member
Activity: 753
Merit: 15
mulierum.com
Of course, the enthusiasm of young people will be greater especially when they follow technological developments where many people are currently talking about bitcoin. It cannot be denied that young people are also smarter in understanding or deciding something because here it takes careful thought before deciding something. besides that it takes more effort in investing in bitcoin because we have to be more patient in following this ups and downs crypto market. Many fail to invest in bitcoin because they are in a hurry to decide something so they don't think carefully.
hero member
Activity: 2786
Merit: 578
There still has something to do with crypto and that's why they're investing on it. But with taking the risk, it's easy for them to recover because they're still young.

While the older ones are too conservative and has to be conscious with their investments before they get in into another one.
Old people or matured ones would really much prefer those traditional investment since they do know that it is long time running and have been known compared into new forms of investment that
it is just young specially with crypto which is only a decade old and its no surprise that those old person would really be seeing this to be risky and wont mind on touching it up and even dont tend to throw even a cent.
Young or the youth which are really known on the current trends and technology and due to that curiosity in mind then it is most likely they would really be choosing up crypto investment and to think that
it doesnt really need up big amounts in capital which is really reachable unlike those traditional investments.
Yes. They prefer the usual investments because they know more about it. I think that they're also doing good because they only invest with what they know.

That's why many of them doesn't like crypto.

But it's totally fine because as long as they have investments, they might still look at crypto and study it until they completely understand it or better not to go further on it.
sr. member
Activity: 1428
Merit: 436
I think one of the reasons why young investors are prefer to invest in bitcoin is because they are more receptive to technological developments such as crypto. we know that at this time crypto development is growing and many people are starting to learn and I think the younger generation dominates. In addition, the ability of young people to analyze and understand the crypto market is also important in investing. it's just that we must avoid being rash and also greedy in investing in crypto because most young people are more passionate and want something fast. it needs to be avoided in order to avoid big losses. Smiley
full member
Activity: 728
Merit: 117
The simple answers may be:
- Youth is more interested in something that is in the hype. We know that there are many hypes and also popularity on cryptocurrency. You will know crypto better than others.
- Crypto investment or trading is not easy, but they are also aware that they don't need big money to be able to invest in crypto.
- They are interested in big profits although it actually doesn't guarantee
sr. member
Activity: 2338
Merit: 338
Young people are usually more interested in risky investments because when young, we have a lot of energy and want to earn big quickly. I am not saying that's a wrong mentality either and especially when you consider the cryptocurrency and the volatility associated with it.

The only problem is that these young guys are broken and some even suicide when they face the brutal side of the volatility, the bear run and the crashes.

This is also why so many young people are addicted to gambling as well, just the mindset of making quick money.
They are most likely welcoming new innovations and market opportunities. They mostly engage in the internet that simply gives them awareness about Bitcoin and cryptocurrencies. Well, of course, you can't just hide the interest as the promotions are really attractive and promising which could really encourage these people to try. They are techy already and this never makes them hard to adapt the system, unlike old investors where just love to choose the investment(stock market) where they know very long.
member
Activity: 714
Merit: 30
★Bitvest.io★ Play Plinko or Invest!
This entire world is been controlled by the strong opinions of the young people. Young investors want to reduce the rate at which the expose themselves into risk of investment in different aspect of bussines, and they also want more gain. Nowadays, cryptocurrencies have given the entire world the choice of being in control of our assets and made investments easy and affordable, that's why young investors prefer crypto because they can never go down completely, and there is a very high tendency of having gain more than 100% of there investment.
legendary
Activity: 2086
Merit: 1058
Young people are usually more interested in risky investments because when young, we have a lot of energy and want to earn big quickly. I am not saying that's a wrong mentality either and especially when you consider the cryptocurrency and the volatility associated with it.

The only problem is that these young guys are broken and some even suicide when they face the brutal side of the volatility, the bear run and the crashes.

This is also why so many young people are addicted to gambling as well, just the mindset of making quick money.
hero member
Activity: 1582
Merit: 722
Leading Crypto Sports Betting & Casino Platform
Most of the bitcoin and the other cryptocurrency users are young people and it's correct according to many different sources we already saw. There can be many reasons for the attraction of the cryptocurrency market for young people. For example, since people are getting older they will accept less risk and prefer safe and more stable investments such as real estate investment and gold while young people are always trying and have the passion for high-risk investments such as stocks market and bitcoin, also since old people usually won't understand the new technologies we can not expect them to invest on something they don't know and don't have enough information about it.
full member
Activity: 1358
Merit: 134
★Bitvest.io★ Play Plinko or Invest!
Being smart and young is a key factor why young investors prefer crypto over other assets. Beside this, they have the knowledge on how to operate this kind of things unlike the the old ones who like to invest on traditional things. Also in crypto all you need to do is to have the knowledge when to buy and when to sell in order to make a profit.
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