Millennial generation are screwed!

[Febo]

First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!

They basement dwellers

They deep on student loan

They no saving

They have no job security

Now they spend more money on bitcoin than all generation!

It never get bored millennial has been on the headlines since the god know when it all began.

Can crypto make millennial more screwed or otherwise? Let’s discuss!

What about Zoomers?  They spend way more time gaming then Milenials. Most of them had not even started studying. But good education is more expensive every day. What about them?

[1715368063]

1715368063

[senne]

Millennial have the habit of taking risks. Bitcoin provides them with the opportunity of big rewards which comes with big risks which is interesting for them. This doesn't mean that they are screwed. But little and no patience that this generation has is the cause of concern. People don't try to stick to one thing. They want to experiment as they get bored of things easily. You must have heared that many people sold their houses and cars during the ATH of 2017-2018 to buy more bitcoins and after they got screwed, they left cryptos forever. So yeah, in a way this generation is known for taking rash and quick decisions.

[bhabygrim]

Not to mention that most of them are being arrogant and having less respect for olders.
But to be honest I think besides those that you have mention some of them have a great outcome.
They spend more time with video games- some become pro and gets paid for playing in a tournament.
They spend more money in Bitcoin- isn't it a good investment to be considered?
But this good outcomes are only a slight chance for everyone so this is also a gamble for their future and only depends on luck.

[Mometaskers]

Can crypto make millennial more screwed or otherwise? Let’s discuss!

Only if they view and manage it like other assets/investments. They do have an advantage that they are likely more open to use of crypto compared to boomers.

I don't think this is enough to solve all the other problems you mentioned like student loan and job insecurity.

Millennial have the habit of taking risks. Bitcoin provides them with the opportunity of big rewards which comes with big risks which is interesting for them. This doesn't mean that they are screwed. But little and no patience that this generation has is the cause of concern. People don't try to stick to one thing. They want to experiment as they get bored of things easily. You must have heared that many people sold their houses and cars during the ATH of 2017-2018 to buy more bitcoins and after they got screwed, they left cryptos forever. So yeah, in a way this generation is known for taking rash and quick decisions.

I guess that could be a problem for them, considering they seem to be more "angsty" compared to previous generations. They may feel desperate enough to take the huge risks that you've mentioned, that would end up making things worse not just for them but for the economy in general.

[Oilacris]

Not to mention that most of them are being arrogant and having less respect for olders.
But to be honest I think besides those that you have mention some of them have a great outcome.
They spend more time with video games- some become pro and gets paid for playing in a tournament.
They spend more money in Bitcoin- isn't it a good investment to be considered?
But this good outcomes are only a slight chance for everyone so this is also a gamble for their future and only depends on luck.

Even to us veterans or for those ones who've been here on this crypto space for a while already do still have that slight chance of succession which means this isn't only
applicable to these millennials but also into us.The only difference here is the time they do get in here and the focus which would be needed.

Each one of us do have a hobby and monetizing them will vary on your own skills.So if you are a sensible type of millennial then money making without attached up with
crypto market is always been possible.

[daarul50]

In one side we can't blame them, it is just in my opinion with the development of technology they can easily to gain money, if your concern on this case eventually to gain money side. Through games for an example, they can make money if he is an ability, there is many tournament that can made as an event order though they spend a lot of times to play gambling their times is not in vain. At least they can show to their parent he can make money through playing games, so there is a positive side in everything that is considered negative by most people.

Also bitcoin, did you heard there is a young millionaire who was born by bitcoin? They buy a thousand of bitcoin when it was created and he hold it until now, I guess he has got rich. At least that is a learning for us, you can get everything you want with your passion if serious to take on it, don't just followed as many people take because sooner you will be fooled by it. I will choose an answer that bitcoin can help them or cryptocurrency as a whole, this industry will help them in an easy way and can be accepted easily by them.

[lobat999]

@OP, Do you think anyone cares about what millenials do? I guess we cannot blame what has  become of them for it has been influenced by older generations and its a part of human evolution! Might as well blame older generations for producing millenials based on your description.

After all, no generation has even been perfect and always had its shortcomings! I guess most people wouldn't spend their time contemplating all about millenials when they have other important things to attend to -"every man himself".

[iamsange]

First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!
~
Can crypto make millennial more screwed or otherwise? Let’s discuss!

Video games and crypto are not in the same frequency, playing video games for hours is wasting time (if it's not your job) but spend a lot of time in crypto will make millennials have an insightful perception about economics worldwide and how politics affect it, moreover they can earn cryptocurrency, it would be more beneficial.

Some of my friends are teenager. But there are a lot of them success in trading and in crypto. Although not big, i think when teenager know what is benefit that they can get from bitcoin, they will be serious. Because they can make income by themself without afraid about age.

[alexsandria]

First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday!

It maybe way too long but video games is one of biggest sports everyone are waiting for. Major events about e-sports are happening around the globe, and it will soon be a part of Olympics near 2020. That's why spending too many time playing isn't bad 'cause video games has something to do with the individual playing.

They deep on student loan

This has something to do with their personal life. Can't assumed though generally speaking. In addition, this happens wayback then as well. Studying is to survive you gotta need to do what must be done for you to graduate. Loan is a part of being a student specially if you're not wealthy to survive the entire year without worrying financially.

Now they spend more money on bitcoin than all generation!

How so sure? Is there any research, statistics out there?

Can crypto make millennial more screwed or otherwise?

Definitely no, crypto has nothing to with their own mistakes. They are their own responsibility.

[ecnalubma]

First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!

Definitely this is so ridiculous, but I think this matter sometimes fall to responsible parenting. If this gets worse then probably we will have a new generation of non-productive citizens.

Can crypto make millennial more screwed or otherwise? Let’s discuss!

It will depend on their mindset, If they allocate all their money in crypto than that could have a catastrophic effect if their investment would fail. I believe that a lot of millennial are smart and aware of the economic situation around them, they can be a benefit to the society if they economically conscious.

[teosanru]

First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!

They basement dwellers

They deep on student loan

They no saving

They have no job security

Now they spend more money on bitcoin than all generation!

It never get bored millennial has been on the headlines since the god know when it all began.

Can crypto make millennial more screwed or otherwise? Let’s discuss!

This now can be a tricky question. If you think Bitcoin can act like a magic wand which can automatically improve lives of people then there is nothing like that. It's just like normal money and comes with it's own pros cons. The only advantage it has over fiat money is that it isn't that well distributed until now so millennials are taking advantage of their skills to earn it. This could make millennials less screwed than ever otherwise nothing is gonna magically improve lives of anyone

[riso2015]

Some of my friends are teenager. But there are a lot of them success in trading and in crypto. Although not big, i think when teenager know what is benefit that they can get from bitcoin, they will be serious. Because they can make income by themself without afraid about age.

Yeah of course For those who focus on the world of Crypto, it doesn't matter if they don't get work from the offline world, because the income from the Crypto world is also very sufficient. Unfortunately teenagers now spend more their time in online games.

[Xxmodded]

Millennial have the habit of taking risks. Bitcoin provides them with the opportunity of big rewards which comes with big risks which is interesting for them. This doesn't mean that they are screwed. But little and no patience that this generation has is the cause of concern. People don't try to stick to one thing. They want to experiment as they get bored of things easily. You must have heared that many people sold their houses and cars during the ATH of 2017-2018 to buy more bitcoins and after they got screwed, they left cryptos forever. So yeah, in a way this generation is known for taking rash and quick decisions.

Millennial look afraid for take risk investment with bitcoin and altcoin, they look fun enjoy investing with real product and buy stock. Bitcoin is digital investment assets have inconsistent price where last day you see with lower price and next day you find with higher price, they can'y analyze with bitcoin and altcoin price make millennial better enjoy investing with real job than bitcoin.

[styca]

First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!

They basement dwellers

They deep on student loan

They no saving

They have no job security

Now they spend more money on bitcoin than all generation!

It never get bored millennial has been on the headlines since the god know when it all began.

Can crypto make millennial more screwed or otherwise? Let’s discuss!

Not sure about your first line, that seems like a huge generalisation.
The basement dwellers bit is just weird.
The next three points, agreed, it's an unfortunate consequence of the way the economy has been managed or mis-managed over the last few decades. Millennials do find themselves in a worse situation than their parents' generation.
Not sure about them spending more on bitcoin than anyone else - how can they do this if they have no money? Maybe they spend a higher proportion of what they do have on crypto, but I think it's unlikely in total amount.

[BitHodler]

Not sure about them spending more on bitcoin than anyone else - how can they do this if they have no money? Maybe they spend a higher proportion of what they do have on crypto, but I think it's unlikely in total amount.

It's all guessing that people do. I strongly believe that whatever we read should be taken with a grain of salt, especially with how I don't trust surveys that can easily be manipulated.

Overall, the phase of the market matters as well, because what I do know from experience based on what I saw happen around me, is that they are more likely to fomo into the market when they see the price go up.

Per individual the amount might not be too significant, but when tens or even hundreds of thousands of them fomo into the market, that will definitely move it significantly.

[Wysi]

First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!

They basement dwellers

They deep on student loan

They no saving

They have no job security

Now they spend more money on bitcoin than all generation!

It never get bored millennial has been on the headlines since the god know when it all began.

Can crypto make millennial more screwed or otherwise? Let’s discuss!

Not sure about your first line, that seems like a huge generalisation.
The basement dwellers bit is just weird.
The next three points, agreed, it's an unfortunate consequence of the way the economy has been managed or mis-managed over the last few decades. Millennials do find themselves in a worse situation than their parents' generation.
Not sure about them spending more on bitcoin than anyone else - how can they do this if they have no money? Maybe they spend a higher proportion of what they do have on crypto, but I think it's unlikely in total amount.

This looks like a biased article against millennials and honestly speaking they are left with very less choice as the whole economy is poorly managed and the world is at the brink of recession I mean silent recession it's like millennials are paying the price of mistake and blinders made by last fee generations.

[Kyraishi]

First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!

Definitely this is so ridiculous, but I think this matter sometimes fall to responsible parenting. If this gets worse then probably we will have a new generation of non-productive citizens.

Can crypto make millennial more screwed or otherwise? Let’s discuss!

It will depend on their mindset, If they allocate all their money in crypto than that could have a catastrophic effect if their investment would fail. I believe that a lot of millennial are smart and aware of the economic situation around them, they can be a benefit to the society if they economically conscious.

I don't think thats an accurate statistic. If most millennials spent 8 hours gaming they'd have no time for work, school or a social life.

Gaming has become really popular especially for the younger generation, but not to that standpoint as well, most people with decent self control will understand when to stop gaming and focus on their studies.

A lot of them understand investment strategies, and won't put all their money into crypto-currencies, but however are usually quite supportive of the internet and they love to use it.

[ufaiz50]

Not all millennials have the same criteria, I have several friends who like to play games and spend a lot of time exploring the internet. But he can make money through the internet, but he is very difficult to deal with social. Technology is very popular with millennials, so it depends on millennial thinking. Because digital currency technology can make millennials produce lots of ideas and of course money, as well as make their situation worse.

[minime0105]

Shit people are in every generation. Millennial are no different. They are shit people and have meet shit people. Does not mean there are some good people in the millennial gen.

[deisik]

First they spend more time on video games than any other generation, an average gen millennial spend 8 hours on games everyday! Ridiculous!

Definitely this is so ridiculous, but I think this matter sometimes fall to responsible parenting. If this gets worse then probably we will have a new generation of non-productive citizens.

Can crypto make millennial more screwed or otherwise? Let’s discuss!

It will depend on their mindset, If they allocate all their money in crypto than that could have a catastrophic effect if their investment would fail. I believe that a lot of millennial are smart and aware of the economic situation around them, they can be a benefit to the society if they economically conscious.

I don't think thats an accurate statistic. If most millennials spent 8 hours gaming they'd have no time for work, school or a social life

Neither do I

Computer games (just like the Internet) have been around for pretty long (definitely longer than 20 years) to make any significant difference between the millenial generation and the one preceding it. So if we are to make millenials into a failed generation (for whatever purpose or reason), we should start with the older generation. To sum it up, it is just a typical rant about youth being a failure going on since the beginning of times