Bitcoin Forum

In a survey that was officially commissioned by eToro – the global investment platform, indicates an encouraging and fruitful future for Bitcoin as massive Millennials have a preference of crypto to fiat financial markets. However, high barriers are stopping millennials from making bullish investments.

The thing that has remained unchanged for a couple of years is that the young people are by far willing and able to embrace new significant things. This case that be observed in music and particularly in technology.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/crypto-stock-exchange/

https://coinidol.com/upload/resize_cache/iblock/f5c/900_900_1/f5c72e746eeca4f6f79a0f6f05650c31.png

This is actually big for the future of cryptocurrencies. Since the technology is relatively new, it attracted to a newer audience that were more willing to invest their resource compared to the conventional investment instruments. People are starting to embrace and accept new methods in investing their money which can be the first platform towards then next generation of investors.


Learning about cryptocurrency can be difficult especially that the technology has been around for less than 15 years compared to other conventional investment options. Even financial experts are having a difficult time in accurately speculating the market trend as multiple factors affect its price.
Maybe once they are starting to earn cash, they may overcome this barrier in the near future.

Perhaps the reason is that young people prefer adventure and high-risk investments as a substitute for safer investments. The opposite is true for older people where the oldest means the lower risk.

I totally agree that there is trust in cryptocurrencies but the only difference is that we trust cryptos but unfortunately use is an investment and a speculator.

This news doesn't surprise me at all. It is much easier for a young person to get exposed in cryptocurrency trading rather than Stock trading.
Stock Exchange is a niche market for many many years and now an alternative came where it is more accessible to simple people. This is also the reason why the market has high volatility and this is a fact.

These guys know that bitcoin will take over from real cash so no point wasting time on stock, better to jump ahead and get in early. Hodling bitcoin is where the future money is

This is very interesting statistics, though I would still be careful in assuming that this is completely non-biased, because it is after all commissioned by eToro.

Though, it definitely makes sense. The fact that the stock exchange has such high barriers for entry if you want to trade profitably, and the fact that it can stocks can only be traded when the markets are open mean that the younger generations are more gravitated towards cryptocurrencies when they look for investments.

I think that this trend will greatly benefit bitcoin's potential in the future, because this is the group of people that will have the most disposable income at some stage in the near future. The support of younger generations imo is always crucial to innovation, especially when it may be difficult to grasp and/or very complex.

However, it's just as important to note that cryptos and equities are just two completely different things.

Millennial's do really embraces new things and they would normally go after with crypto not only on profiting return percentage possibilities but also into the thing that
it isnt really strict nor hard for you to involved on even if you are not still on the legal age,cryptocurrencies door of opportunity is always open.They might not have a huge impact as of
this moment but these positive views towards crypto would signifies that it do still have a good future since these millennial's already considering or have good insights towards it.

While I believe the article is biased, but I think this point is true. I personally can't invest in any stock because it requires a lot of things, unlike crypto where we can only do simple KYC or even go anonymous and buy tokens/coins that we believe will grow in time. But it seems some exchange are trying to improve this condition, like DX.Exchange who provide tokenized stocks (but the exchange is buggy af).

Exactly, this reports came from eToro, as they're one of the leading social trading platform which includes crypto. I'm observing young people around me (families, and extended families) if they are indeed into investing, not just crypto but even in other investments platform, but so far I heard none of them. I remember I was exposed heavily on stocks because of the father's influence. At a early young age, started to read newspapers about our local stock exchanges. Anyhow, my point is that millennials are probably willing to invest, as long as there are someone who can guide them in the beginning as what I have experience from my father.

@kemarit, i get your point but crypto looks much more appealing than stock to me (millenials). at least the barrier to entry is relatively low and i can do it with only $10. maybe etf is an alternative for this but i do believe it's not really interesting because the return is relatively low compared to crypto. in the end, maybe it's a combination of crypto and traditional investment. no need to choose only one if you can do both.

The only high barrier that the millenials are facing is poverty. ;D
I prefer crypto over stock exchanges too,because when you trade stocks,you would need more info about the current conditions of the companies-revenue,profits,dividents,investments,other news.With crypto,you just buy/sell and follow the trends. ;D

Right, that's what I'm trying to drive at. I'm not millenials but during my time it was really the old and traditional stocks as the "it" investment. I know you guys may have a bad taste about stocks but if you can do both then why not. And I'm somewhat lucky though because there is some guidance, but how about millenials though, we have seen majority of them lost a lot during this bear market. Expensive lessons to learn but if someone can guide them, then they will have a positive experience. Instead of getting in, suffered big time and never comeback, IMHO.

It's insanely easy to buy into stocks/etfs/options, etc. If we look at Robinhood for example, which is the most popular stock trading platform for average joes, it's just a matter of completing a registrations process, deposit money, and ready you are. It's just as easy as investing in crypto, or even easier in some cases.

Nowadays there are plenty of brokers that allow you to trade basically anything, and people seem to love it. Crypto appeals more to people because it pumps harder, that's all.

i think it's also because the future financial prospects of millennials are so much worse than previous generations. wages are stagnant, growth prospects are bad, cost of living continues to rise sky-high, the dream of buying property is becoming totally unattainable for young people. why the hell would we put money in the stock market? for slow and steady gains that will modestly outpace inflation? that won't provide upward mobility. but crypto investments might.....