Topic: Why Do Young Investors Prefer Cryptocurrencies? - page 5. (Read 1392 times)
I think the younger generation has started to see an opportunity in the crypto world because we know that the crypto world is currently expanding and I think most of the younger generation already know about it. besides that the younger generation is also smarter and also open minded to new technology, especially if they know that here they can get profit or money from it. in my country also young people are starting to take advantage of crypto and many have also made big profits because they really use it well. so if you really intend to enter the crypto world then we must also be able to manage it well so that we can get the results.
Simply because young investors born in a modern generation with modern technology including cryptocurrency as digital assets. They are aware about cryptocurrency and they have knowledge about. Also young investors are more used in online investments specially this time of pandemic and they know that investing in cryptocurrency is profitable although it is a high risk kind of investment.
Why do young investors prefer cryptocurrencies? Or, to put it more plainly, why do young people like crypto speculation? In the public eye, the phrase “crypto speculation” is often associated with negative implications such as “radical”, “high-risk”, and the “ambition” for getting rich. However, the preference for cryptocurrency among the young seems to be unstoppable. According to the latest report released by Crypto.com, in January 2021, there were 106 million crypto holders worldwide, and the figure has surged to 221 million by August 2021, compared to only 66 million in May 2020. The doubling of holders during six months shows just how popular cryptocurrencies are.
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Young investors prefer cryptocurrencies because they know how to manage it and maybe they have knowledge about it through the help of technology as it improving always. Cryptocurrencies now is very popular in social media such as Google, YouTube and other platforms. They also prefer crypto maybe because young people are now more familiar with the internet world, everything they do uses technology and they can already gain money through online. They are also flexible on making decisions, they are open minded and there are lot of options on where to invest. So, it's not surprising that young investors prefer crypto as it has a strong security system for the safety of their invested money. ~snip~
1.Bigger profit margins.It's all about greed and making more money...
2.Easier access,compared to the traditional finance,but traditional finance is also getting easier access,due to apps like RobinHood.
3.Cryptocurrencies are more appealing to the tech savvy people.Most young people are tech savvy,so they like new technologies and innovation.
4.Higher risk:reward ratio...
5.Having less trust in the traditional financial institutions,like banks,hedge funds,insurance companies,etc.
2.Easier access,compared to the traditional finance,but traditional finance is also getting easier access,due to apps like RobinHood.
3.Cryptocurrencies are more appealing to the tech savvy people.Most young people are tech savvy,so they like new technologies and innovation.
4.Higher risk:reward ratio...
5.Having less trust in the traditional financial institutions,like banks,hedge funds,insurance companies,etc.
It seems right and also youngsters know crypto is the future currencies. They are try to become early buyers so that make their retirement early. Risk:reward ratio is the major reason I think because youngster can take risk and they focus on money so they can able to live in luxury. And they have many options to invest so they logically select better one such as crypto.
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.
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.
What else do we think more attractive in terms of investment aside from the good profit it offers right. Cryptocurrency and stocks are both good investment but young generation were more likely spending their time investing in cryptocurrency than in stocks because it is decentralize while in stocks you will need the aid of the broker to be able to buy a share of stocks. In crypto a tech savvy young generation can start investing because investing and learning how to deal with crypto platform can be learn through social media platforms like youtube which also make it easily for them to adopt in the crypto environment.
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.
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.
I believe this is because most of them are young and smart.
I agree if young investors are smart. But I think the main reason is that they are brave. Young Investors are brave to put their money into crypto which basically has a big risk. They know it is high risk but they don't really care, they just focus to invest in crypto since it offers potential big profits. While old investors prefer to invest their money into something that has small risk, although the potential of the profits isn't as big as crypto. Why do young investors prefer cryptocurrencies? One straight answer is that they have stopped playing by the rule set by the old money and invented a new game. That said, are cryptocurrencies the dividend the world offers to this generation of young investors?
Data is often the most authentic and reliable evidence. According to statistics from AssetDash, the 2021 market cap rankings of global assets are as follows:
Data is often the most authentic and reliable evidence. According to statistics from AssetDash, the 2021 market cap rankings of global assets are as follows:
Chasing shortcuts to wealth is one of the oldest games in the world, there is nothing new about that. Everyone wants to be at the top of the economic food chain, being able to live their life in luxury and do what they want every day instead of being forced to work. Bitcoin, or any cryptocurrency for that matter, does not produce anything - so the only way that you will increase your wealth is buying in at one price point and selling at a higher price point. You get a single pay off that is not reoccurring and unless you started with a lot, you will not make much money that way. Owning a stock (aka a small share of a company) gives you a perpetual income stream for as long as the company exists and makes a profit each year, that is probably the most reliable path to wealth that is simply not taught well enough to many younger generations.
lots of money because money is a symbol of power,luxury and superiority and thats why it isnt that surprising that all of us would really be aiming that
kind of state no matter what method we would really be taking thats why we are always in a hurry but its true that it is really prone to lots of mistakes.
Why do young investors prefer cryptocurrencies? One straight answer is that they have stopped playing by the rule set by the old money and invented a new game. That said, are cryptocurrencies the dividend the world offers to this generation of young investors?
Data is often the most authentic and reliable evidence. According to statistics from AssetDash, the 2021 market cap rankings of global assets are as follows:
Data is often the most authentic and reliable evidence. According to statistics from AssetDash, the 2021 market cap rankings of global assets are as follows:
Chasing shortcuts to wealth is one of the oldest games in the world, there is nothing new about that. Everyone wants to be at the top of the economic food chain, being able to live their life in luxury and do what they want every day instead of being forced to work. Bitcoin, or any cryptocurrency for that matter, does not produce anything - so the only way that you will increase your wealth is buying in at one price point and selling at a higher price point. You get a single pay off that is not reoccurring and unless you started with a lot, you will not make much money that way. Owning a stock (aka a small share of a company) gives you a perpetual income stream for as long as the company exists and makes a profit each year, that is probably the most reliable path to wealth that is simply not taught well enough to many younger generations.
Young investors Prefer cryptocurrencies investments in the community because is very easy to earn good profits within a month from bitcoin investment. Most of the investors are educated investors who are use to technology and how to use it to invest on cryptocurrency to make a great profit from the investment without experiencing a loss from the investment.
The reason why young investors Prefer cryptocurrencies:
1. It is a decentralized currency which is not control by the government.
2. It pump without the help of the government in the country.
3. It is digital currency that doesn't require third party before your transaction can be successful.
To get big profits from investment is the desire of everyone, not just young people. But losses on cryptocurrency investments must have happened. No one claims that investing in cryptocurrencies is never a loss.The reason why young investors Prefer cryptocurrencies:
1. It is a decentralized currency which is not control by the government.
2. It pump without the help of the government in the country.
3. It is digital currency that doesn't require third party before your transaction can be successful.
Those young investors do have a bigger opportunity because their enthusiasm to get into crypto investment is very big. this is also because investing in crypto is less risky and the initial capital does not have to be large.
It is easy for investors to own cryptocurrencies too because crypto is being hype and returns are faster (depending on the type and how long of an investment they choose)
Young investors Prefer cryptocurrencies investments in the community because is very easy to earn good profits within a month from bitcoin investment. Most of the investors are educated investors who are use to technology and how to use it to invest on cryptocurrency to make a great profit from the investment without experiencing a loss from the investment.
The reason why young investors Prefer cryptocurrencies:
1. It is a decentralized currency which is not control by the government.
2. It pump without the help of the government in the country.
3. It is digital currency that doesn't require third party before your transaction can be successful.
The reason why young investors Prefer cryptocurrencies:
1. It is a decentralized currency which is not control by the government.
2. It pump without the help of the government in the country.
3. It is digital currency that doesn't require third party before your transaction can be successful.
According to field surveys indeed many investors who play in the crypto world are 20 years old, and they on average already have considerable assets and everything they get from investing in the crypto world, and they have a very big mission and believe bitcoin will definitely grow in the future, if we believe it will be very easy to profit in the crypto world then this is a very easy mission to run by Young investors, and their thinking is still very active and intelligent so it is very easy to accept by their minds.
The retail who is buying crypto is majority of young people. When you are in your 20s or early 30s you do not have much money with you. Normally you are dependent on your parents for the funds or you are just stating your career. That's the reason you don't have much funds in this age to invest in crypto but still whatever you save, you should put it in crypto and hold for some years. Hopefully everyone doing so, will be the millionaire for the future.
Cryptocurrencies are a type of high-risk investment so they are only suitable for young people, when they lose, they are not too problematic because they are still productive, this is different from older people who choose security because they are no longer productive.
Because they are connected with the current technology and know that this is the future currency that's why they importance then other businesses. Crypto currency are the global currencies. And it can be buy or sell from any part of the world. And their money can be transferred within seconds from one part of the world to other through blockchain technology. These unique features make him popular and the youngster prefer to invest money in crypto currencies then the other currencies.
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.
the reason might be that the young generation have more knowledge about digital environment , digital currencies and understand the functioning of blockchain based crypto , they are more openminded and willing to change ,
plus investing in bitcoins are less hectic and comparatively easier to invest in as compared to stocks or other investments which require regulatory procedures .
The young generation might be aware of digital currencies but i doubt that majority will understand the technical aspect of blockchain and you really do not need to know the technical aspect to invest in them, just the basic of trading is more than enough to be an investors.plus investing in bitcoins are less hectic and comparatively easier to invest in as compared to stocks or other investments which require regulatory procedures .
now in most of the countries people below age 18 cannot have a bank account but if they want to start trading they can just borrow some from parents and invest in any crypto without and hassle .
Users below 18 should not invest their money trading and once the exchanges enforced mandatory KYC i am sure they will not allow anyone below 18 i believe to trade in their platform.
I think cryptocurrency is the best and easiest way you can invest with little amount of money without no stress and sit back to watch your money growing.
I also believe why young ones of nowadays in invest in cryptocurrency it because of advancement of technology, technology have make many things easy for young ones. Nowadays many people have access to internet not like before, now before a child clock 12years it will started accessing internet. And cryptocurrency investment is what you can operate with even smartphones.
I also believe why young ones of nowadays in invest in cryptocurrency it because of advancement of technology, technology have make many things easy for young ones. Nowadays many people have access to internet not like before, now before a child clock 12years it will started accessing internet. And cryptocurrency investment is what you can operate with even smartphones.
the reason might be that the young generation have more knowledge about digital environment , digital currencies and understand the functioning of blockchain based crypto , they are more openminded and willing to change ,
plus investing in bitcoins are less hectic and comparatively easier to invest in as compared to stocks or other investments which require regulatory procedures .
now in most of the countries people below age 18 cannot have a bank account but if they want to start trading they can just borrow some from parents and invest in any crypto without and hassle .
plus investing in bitcoins are less hectic and comparatively easier to invest in as compared to stocks or other investments which require regulatory procedures .
now in most of the countries people below age 18 cannot have a bank account but if they want to start trading they can just borrow some from parents and invest in any crypto without and hassle .
The younger generation is more likely to be receptive to new things, including investing in crypto. Moreover, the crypto investment system is easy to understand and has the potential to generate very good profits, this is where the opportunity is used by young people. Instead they dominate at this time . Many rich people are formed from crypto. I think the future will be much better for crypto.
The interesting thing about crypto is that it's a new type of investment and it's really interesting, Today's young generation prefers investments that can provide quick profits even though the risks are very high. but if they continue to hold the bitcoin they bought even though the price is bear, then they can be sure they will feel the profit many times over.
There are two types of young people. One type wants to be rich in a short way. That's why they invest here without knowledge after the loss they said gambling don't go :p One type Come here for a better future. They want a better future. They learn first then invest
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