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Topic: Why Do Young Investors Prefer Cryptocurrencies? - page 8. (Read 1455 times)

legendary
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As long as we aren't talking about "why do young people prefer cryptocurrency vs stocks" then I am okay with the topic, because coming cryptocurrency to stocks is utterly ridiculous.  But, the reason young people do is because we are better educated than the generations before us.  We are the "internet era".  We believe in factual and progressive  things such as climate change, legal marijuana, progressive laws etc.  Bitcoin is no different, it's the future and just makes sense.  Old farts tend to not understand this.
sr. member
Activity: 2828
Merit: 344
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Young investors follow the trend of the times, they will pay more attention to new things and have great interest in them, willing to accept greater challenges and spend more time learning.
Cryptocurrency use and trading investment are all carried out on the Internet, and young people will be more familiar with the Internet. And compared with traditional profit-making methods, the high rate of return of cryptocurrency in a short period of time can attract them to invest in cryptocurrency.
That means young investors are exposed to cryptocurrencies more than these traditional investors. With such online market promotion, it leads to a new discovery for them and such interest gradually increases until such a point that they start digging and learning. We might say that these people are too young to make decisions but when it comes to online activities, they are more knowledgeable which is vital in this investment platform. Which it serves them as their advantage.
copper member
Activity: 1815
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The only reason to your question is most of the young investors have low capital and bitcoin needs high capital  to get some handsome profit that is why they choose low price so they get more coins and when price will pump they will get some good profit from their low capital.
jr. member
Activity: 50
Merit: 2
Young investors follow the trend of the times, they will pay more attention to new things and have great interest in them, willing to accept greater challenges and spend more time learning.
Cryptocurrency use and trading investment are all carried out on the Internet, and young people will be more familiar with the Internet. And compared with traditional profit-making methods, the high rate of return of cryptocurrency in a short period of time can attract them to invest in cryptocurrency.
sr. member
Activity: 2604
Merit: 338
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I think that the short answer would be money, people from all ages whether big or small and from all layers of the society look at the cryptocurrency industry that has been growing at an insane rate that made many major CEOs to put their money in it, and this multibillion dollar market industry that was created not so long ago, is the land of opurtounites and the get rich quick method for a lot of people.
The money that they could possibly earn and the less work that they would do and the prerequisites for someone to get engage off without any problems or too much hassle compared when you do make out investment.

This isnt only limited to youngsters but also with those older ones indeed because not all would really be bitter in talks of crypto investment.There are still lots who are on middle age or even older do likes to

engage with this market because of its true potential and possibilities on earning big on just simply holding but well everything has a risk but if you are prepared on that then so be it.
sr. member
Activity: 1400
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I think that the short answer would be money, people from all ages whether big or small and from all layers of the society look at the cryptocurrency industry that has been growing at an insane rate that made many major CEOs to put their money in it, and this multibillion dollar market industry that was created not so long ago, is the land of opurtounites and the get rich quick method for a lot of people.
jr. member
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One of the main reasons why cryptocurrency is coming to the young generation is online gambling. The American female youth community in particular seems to be more addicted to online gambling.
hero member
Activity: 3024
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The popularity of cryptocurrency has spread day by day, as a result of which all types of people, including the young generation, are showing interest in cryptocurrency. The young generation cryptocurrency in particular is playing the most important role.
Everyone plays an important role in this economy. The young generation doesn't have much money but the older ones who are investing more got the money that the crypto economy needs to have.
They themselves have gained sufficient knowledge in cryptocurrency and are working on different platforms.
Not all of them are but many of them are quick learners about cryptocurrencies.
full member
Activity: 1302
Merit: 100
I think that many older traditional investors are more cautious about cryptocurrency, young people are more adventurous, their thinking is active, and their ability to accept new things is faster.
The popularity of cryptocurrency has spread day by day, as a result of which all types of people, including the young generation, are showing interest in cryptocurrency. The young generation cryptocurrency in particular is playing the most important role. They themselves have gained sufficient knowledge in cryptocurrency and are working on different platforms.
hero member
Activity: 3164
Merit: 675
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In the crypto space, the compound growth rate of the most valued token Bitcoin stood at over 200% in the past 12 years, which is more than 10 times that of investments in listed companies.
From these data, higher returns are clearly why young investors prefer cryptocurrencies to the traditional mainstream investment market.
Yeah, a lot of Youth have chosen Bitcoin because of what they can earn from it.I don’t think anyone would want to be investing in old stocks when they can invest in Bitcoin and make better profit in return. I have seen so many youths now who are just focused on cryptocurrency trading and investment, and that’s just what they keep doing and nothing else. And they have mostly been successful in it. Although it doesn’t really work out for every one of them, but it's all about hard work and patience. If you can study hard and have patience you will be able to achieve a lot through this.
sr. member
Activity: 1694
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The mentality that they have is not to work hard but to work smart especially when it comes to finances and investment. The young investor doesn't want to embrace just the traditional way of investment but also considers the potential of potential gain in cryptocurrencies. Indeed, it was a risky decision but somehow rewarding on a long-term basis.
Yes mostly old peoples not like to take any risk they love to use their own system which is not more risky they love to invest in real estate gold and regular bonds which give them competitive profit but on other hands young blood which is connected to new technology and have some fast mind want to do things on very quick note and need to have better results with their fingertips just because of this now in recent time we have too many good and positive mind youths in rich community. Many projects are running by them giving them very good and solid profit which is having by old peoples in very long time.
legendary
Activity: 2338
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It is also because it has been proven by a lot of investors these past years that it is more effective to invest in cryptocurrency, not because it is the hype right now, I remember a lot of people were claiming that Bitcoin was all hype and will die soon, how closed their minds were that they didn't even realize how essential Bitcoin will be, and looking at Bitcoin and ETH right now, the 2 powerhouse cryptocurrencies are continuously growing, more investors are interested in investing in crypto, and there will be more investors as Bitcoin continues to grow.
That's because the view is based on current reality. Bitcoin legalization is still limited as a commodity or asset. In addition, many banking institutions and world leaders oppose the existence of bitcoin, this makes some people worry. Although I'm sure the users continue to grow. In addition, the extraordinary growth in value is also one of the important factors, that bitcoin is the asset with the greatest growth in value.
full member
Activity: 1442
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The mentality that they have is not to work hard but to work smart especially when it comes to finances and investment. The young investor doesn't want to embrace just the traditional way of investment but also considers the potential of potential gain in cryptocurrencies. Indeed, it was a risky decision but somehow rewarding on a long-term basis.
legendary
Activity: 2338
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zknodes.org
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.
However, some old investors are starting to turn to cryptocurrencies and invest their capital in crypto. this may be a manifestation of the popularity of crypto with a fairly large capitalization.
Stocks and crypto are both types of investment instruments, both have risks and benefits to be had. Millennials are free to choose what investments they will make. doing both is also good.
hero member
Activity: 2940
Merit: 613
Winding down.
Youngsters are open to try new things than elders. Elders think often as they might have had experience in such things earlier getting disappointed often. Another reason, Bitcoin was invented in current decade and it started booming up in the market attracting more investors inside. Since its all online and current generation youngsters started giving their try in it. Many have come inside seeing their friends getting profits out of Bitcoin. And the technology as well plays a big role in bringing in the youngsters.
Yeah, they often adopt the new system as these things could help them bringing into a better life. I appreciate their openness and response to the new technology but can't deny that their minds aren't matured enough to make a strong decision but mostly they easily get quit or even more emotional when they are in the struggles.

What makes these youngsters encourage to invest in crypto it was because they can make it online, it gives no hassle for them and they don't get sweat to work on it. They are techy already which could easy from the to use gadgets, unlike elders.
legendary
Activity: 2492
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The old money system is proven to have many flaws compared to blockchain base currencies which are more transparent and couldn't be seized by the governments, this kind of characteristic of Bitcoin and many other cryptocurrencies are more appealing to new investors particularly the tech-savvy which are the youths today.

One factor as well is that people are using the internet even the poorest people today have access online than banks. Internet is where cryptocurrency is which doesn't limit the unbanked people including the youth.
hero member
Activity: 2086
Merit: 553
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Young people prefer to something that is challenging and also hype.'
We know that many young people are now very connected and closed to an internet connection. So far, crypto is very popular in the world, spreading by many media.
Many young people start by joining airdrop. But some of them start trading.
They may start by learning at first,l but some also don't learn and try trading by trial and error.
Most of them are following other people's success.
Moreover, they may think that trading crypto is easier than forex, but in fact, it is not like that.
And one more, trading crypto may need lower money, I mean we can start trading crypto with small money and it is no problem.
hero member
Activity: 2856
Merit: 667
Young investors prefer cryptocurrencies because they like the possibility that they can make a lot of profit in some cryptocurrencies in the market. This is one of the biggest reasons that they choose cryptocurrencies over fiat currencies and gold. And another biggest factor is of course that the marvelous technnology behind the cryptocurrencies. Young people get really curious about interesting projects in this market. And they like to support the projects they see as promising.
Young investors are more fearless today and they love to explore new things and investments around especially if it will give them good profits. Gone are the days where young minds are into fiat or gold investments. Young investors today prefer to invest in risky investments as long as they seem promising to them. And cryptocurrencies are the perfect choice for them because they are more accessible and are full of challenges unlike investing in fiat or gold where investors only see them in a constant, and that no growth happened.
hero member
Activity: 1498
Merit: 711
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I believe this is because most of them are young and smart. Smart enough to understand the idea behind Bitcoin, smart enough to know how to operate it too. Unlike these older rich men who because they don't understand how Bitcoin works(or how to operate) have lost interest and are always discouraging others.
Yes of course, you're in right track because, young people really needs what that will not be stressful to them, because looking at cryptocurrency investment generally is not likely to be stressful like other manual investment that requires more energy to accomplish it or to make it to come to reality, from my time and experience towards other investment the time needed to carry on some certain functions or execute it, is not like cryptocurrency time factor.
legendary
Activity: 3234
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The young investors on the market were with a mind to take risk. Everyone are well aware about the market risks, and some prefer particularly for its fluctuation which we can't experience with stocks. Another reason is the profiting, because what an user makes out of cryptocurrency investment can't be made through stocks on the same deadline. This too a reason for recent days increase in the young investors on cryptocurrency.
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