Why Do Young Investors Prefer Cryptocurrencies? - page 4.

KennyR

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Quote from: nicolerichardson on November 22, 2021, 12:44:59 AM

That’s simply because young people know where the world is heading these days. They know that cryptocurrencies are our future. They like the fact that they own their money because cryptocurrencies are decentralized and there is no involvement of the government.

Apart from this young generation look for a way to keep the holdings and investment in a secure way than on inflated fiat. For some reason the purchasing value of USD decreased with time, but that doesn't mean there is no economic growth. But the growth gets slowed down. As the dollar value is tied with gold there is fluctuating economy.

Maybe these reasons can also trigger young generation to have an interest over crypto investment compared to the traditional investments.

Obito

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Quote from: cheezcarls on November 07, 2021, 07:46:51 AM

Coz’ cryptocurrencies are much simpler, easier and faster way for us to invest without the need of getting into regulatory stuff that is extra hassle to our time. Plus cryptocurrencies are the future and trending right now than stocks.

More than that, it's far more relatable because our generation grew up close with technology so we have a very good familiarity when it comes to tech related investment schemes. Plus it's much more accessible than stock market in the first place so it's not really a no brainer why young investors choose crypto over stocks.

nicolerichardson

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That’s simply because young people know where the world is heading these days. They know that cryptocurrencies are our future. They like the fact that they own their money because cryptocurrencies are decentralized and there is no involvement of the government.

syedakhlaque

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Young Investors Prefer Cryptocurrencies because crypto is the business of the new generation. This business suits them. Every era has some specialties. So crypto is one of these specialties of today's age.
This business has many facilities and reasons for that it is a favorite business for young ones.
This business is free of some country's border limits. So the whole communities of the world gather on a platform through this business.
This business has easy to learn & easy to start with a small amount.
This business has good security and trust.
This business can be adopted by all communities and of all ages of people.

cheezcarls

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Coz’ cryptocurrencies are much simpler, easier and faster way for us to invest without the need of getting into regulatory stuff that is extra hassle to our time. Plus cryptocurrencies are the future and trending right now than stocks.

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In my opinion it seems that Young people have depart a little from investing on manual businesses like before and since the existence of cryptocurrency generally many adults now is concentrating on the cryptocurrency because the investment doesn't require many attention of attendance or disturbance from another person to know what is going on the during the process of investment, so I cant argue such that young youths of present time does not prefer cryptocurrency than any other investment except is a young adult that doesn't know how to read or access Internet network.

Quote from: noah tall on November 07, 2021, 06:42:00 AM

In the young age the mind a sharp. And in the young age you can get experience more than a older one . If you are young you should to start crypto,and you will be able to trade more efficiently than others.

You are right the different is very clear, i agreed with your suggestion because i believe that the old adults will find it very difficult to understand cryptocurrency the way young adults can understand it very fast. But anyway no comparison in knowledge what we really need is the ability to understand.

[moderator's note: consecutive posts merged]

noah tall

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In the young age the mind a sharp. And in the young age you can get experience more than a older one . If you are young you should to start crypto,and you will be able to trade more efficiently than others.

kotajikikox

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Young Generation are in front of computer generated things specially in parting their daily living.

Now that they are the one who will benefits from the crypto so Yes Youngsters are the one who loves crypto than those older generation that doubt this very beneficial and useful currency as tools of living.

Wawa2013

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Quote from: Rampagoe004 on November 01, 2021, 03:16:21 AM

This is done of course they know the future of crypto will be better, so they prefer to invest in the crypto world, and currently all proven value of bitcoin and altcoins is increasing so that many young investors have obtained satisfactory results in the world of crypto, and the regulations applied in crypto are very easy to accept by young investors so they do not want to waste this opportunity to become millionaires when they are young, And this has been proven for some young investors already feel that way.

Young investors are indeed more receptive to new things, because we know cryptocurrencies use new technology. Most young investors like
to learn new things, after all, the development of crypto is very fast and it is proven that crypto is faster to provide profits than other assets.
So many young people think crypto can make them millionaires at a young age. While older investors are comfortable with the assets
they have now, they are not interested in investing in crypto they don't understand. That's why people like Warren Buffett are not interested
in investing in cryptocurrencies. But not all old investors are against crypto, there are also older investors investing in crypto, but not as many
as young investors.

Rampagoe004

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This is done of course they know the future of crypto will be better, so they prefer to invest in the crypto world, and currently all proven value of bitcoin and altcoins is increasing so that many young investors have obtained satisfactory results in the world of crypto, and the regulations applied in crypto are very easy to accept by young investors so they do not want to waste this opportunity to become millionaires when they are young, And this has been proven for some young investors already feel that way.

habebe

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because, it's not just adults who want to be a crypto assets as well as young people who already know everything and I think they are smart enough and enough of them to understand things here in bitcoin I don't choose my age you will learn to crypto assets in other words a bitcoiner ,,, and beside an investor is indiscriminate age when you know how to reach it.

Doell

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^ of course access is easy | super strong security | high profit | apart from other investments only crypto can be reached with just one touch and can be used for daily necessities if there is a store that accepts crypto payments ,security is also very well safe because the user maintain the confidentiality of his assets ,the development of crypto is very global and grow up become an asset for the future with high advantage

iv4n

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Easy access and you can start with any amount... With internet, device, and some money, you are ready to go! With some skills you don't need money, you can earn some money and start with that! You don't need KYC and banking cards... so young are choosing the easier and simple way instead old and complicated one!

So it's easy to start with crypto, and once someone starts will learn more about the crypto world, about how everything works, people realize that crypto is a world for itself, that is growing, new possibilities around every corner, add to that all new things that are popping out every day... it's never boring in the crypto world, and if someone has a desire to learn more can do it even for free! That is very attractive for young people, they see the chance to make something for themselves, and maybe they can contribute to changing the world!

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Young investors are usually more aggressive, they want to be big speculators, so they can make a profit in a relatively fast time and the results are big. By looking at the nature of cryptocurrencies which have high volatility, this market seems to fit what they are looking for, even though the risk is higher too.

bitzizzix

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Cryptocurrency values are very volatile and maybe for young investors who like high-risk investments this activity may be very challenging for them and the decline in value that occurs also does not dampen their enthusiasm to continue investing in them and not give up easily.
and for another reason is to increase income and want to learn to understand the complexities of blockchain technology and its benefits because their brains can easily adapt to technological developments and have curiosity, and time which makes young investors more profitable. I mean because they do not think about the burden and time, and also dare to take decisions and risks even though it takes a long time to get good profits.

dansus021

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young investor like the high risk Grin

"maybe" but for me crypto is really crazy even tho high volatility rather than other investment product because of the market movement some people made high profit also but keep in mind we need diversity when do investment

but in my country indonesia there so much new investment platfrom and covid-19 just give the booster to young investor including crypto, stock and low risk investment like mutual fund

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Quote from: Vaskiy on October 27, 2021, 12:02:22 AM

Biggest wealth making in shortest time period is the main reason why young people are preferring cryptocurrencies over other forms of investments.

I've encountered this with my friends. One of my friend who is working for an insurance company kept investing on stocks. Due to the recent days popularity he gave a try on cryptocurrency with very minimal investment of $250. Within a weeks time his investment of $250 turned $1000. This made him more interested on cryptocurrency. Probably if he hadn't earned anything or something similar to stocks he might've avoided cryptocurrency investment. Now he's spending his regular stocks investment into cryptocurrency.

For me, it is natural that not only young people want to invest quickly, but also people from all walks of life want it. the problem is that only young people understand bitcoin technology and the cryptocurrency market. not all people understand this, so maybe most of the young people are more dominant in investing in the crypto market

rizqoAD

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Investing in crypto has an advantage in every way when compared to other investments. This makes young investors more interested in cryptocurrencies, in this digital era cryptocurrency is a new investment that is very profitable if we are able to manage it well. Many people who have been successful in this field have encouraged people to invest in cryptocurrencies, especially young investors.

NicNacCoin

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In fact, working on this cryptocurrency is a source of joy. Especially young people work most here.It feels great to work in cryptocurrency at a young age. Remembering us in particular, we can see that almost 80 percent of those of us who work in cryptocurrencies are mostly young.And it is young people who can take the biggest risks in this cryptocurrency.

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Young people they always have a great curiosity about that new thing so they will find out what it is? .If they can use their curiosity to find more about bitcoin and try to invest in bitcoin, they can have a bright future their friends can't even imagine. there are a lot of rich and famous people investing in cryptocurrencies that's why they want to experience investing in these risky and risky markets for themselves, they really want to be as successful as they are and want such huge profits from investing in cryptocurrencies.

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