Millennial Generation Investors Prefer Bitcoin Over Gold

[Asuspawer09]

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In my opinion, Millennial maybe prefers bitcoin over gold but it not just millennials who want bitcoin, I guess almost a lot of investors and people in the community are going to go with bitcoin over gold. Millennials like technology so it's not a surprise that they like bitcoin technology and how awesome it is compared to a gold.

For long term investment that could take years, I guess gold is going to be profitable even though there is a bit of volatility but the supply is surely low. Bitcoin is also profitable in long term but the volatility is very high so the market is going up and down a lot so profit could be made in short term most of the time.

[Twentyonepaylots]

No wonder why Millennials choose bitcoin over gold because bitcoin is more acccesible to have rather than gold, I don't own any gold but I think it needs some documents when you want to have it except having it as jewelries. And of course, as time goes by with the help of internet younger generation is impatient unlike the preceding generation which we know that bitcoin could make an easy money if the time is right for it to fluctuate upwards.

[pixie85]

The young generation treats gold like antiques. It's not really a good conversation starter or a topic for a party chat.

Can you imagine 18 year olds talking about their investment in physical gold bars? Maybe some old farts talk about it during golf but young people talk computers, hacking, bitcoin, dark web, phones and gadgets, cars. They don't want to wait 20 years before their gold pumps enough.

[HiringYou]

Can you imagine 18 year olds talking about their investment in physical gold bars? Maybe some old farts talk about it during golf but young people talk computers, hacking, bitcoin, dark web, phones and gadgets, cars. They don't want to wait 20 years before their gold pumps enough.

You are absolutely right sir. Millennial's are smart enough to understand that investing in gold and waiting for long periods will not help them out.They are always looking for a source from where they can get fast and decent returns.

If we talk about the current scenario, the future of millennial's is on stake as it has become very difficult for them to find a day job and those who are working are not getting enough pay check.For millennial's like me a source of side income has become a necessity. If I have to choose investment as a source of side income then I know that gold is not the best option for me, at least for now. I will definitely go for Bitcoin.The reasons are very clear-:

• High returns both for short term and long term.
• No third party involvement.
• Low fees.

Undeniably, it is risky. My investments will not turn out be profitable every time but what in the world is not risky now a days.

[abel1337]

Well as a millennial, We are hooked up on bitcoin before getting idea what gold is for and we really prefer bitcoin. There are much hindrance to buying gold, to be honest even if we want to. We are a crypto believer and it is an easy choice for us when we did research before. It's just crypto suits our daily lifestyle as a millenial. Also this gave us profit on 2017 bull run, Imagine if we stock up gold before we will literally cry over the possible profit we might get. As of now we are waiting another bull run to happen and we won't switch to gold as of now.

[Beparanf]

No wonder why Millennials choose bitcoin over gold because bitcoin is more acccesible to have rather than gold, I don't own any gold but I think it needs some documents when you want to have it except having it as jewelries. And of course, as time goes by with the help of internet younger generation is impatient unlike the preceding generation which we know that bitcoin could make an easy money if the time is right for it to fluctuate upwards.

Gold can be in any form as coin, jewelries and etc that can be buy and sell anywhere but didn't guarantee authencity so some requires authentication marks or card as well might hard to find a legit seller, unlike in Bitcoin that we can have it through our own hands via using only Internet. They been compared so many times but I guess Gen z prefers something physical as digital items and Internet weren't a thing before unlike in millenials time now that it's good to have it handy anytime anywhere.

[goldade]

Found this article which says that Millennial generation investors prefer Bitcoin over Gold:

cutive-says-millennial-generation-investors-prefer-bitcoin-over-gold]Article

I am not a millennial, I do have Bitcoin and no Gold.

It is not surprising that this is happening. I made mention of this in some thread. The world is moving forward digitally. We are growing towards the internet increasingly everyday.
Millennial generation investors are majorly interested in bitcoin because of this reason. Another reason is due to the decentralization characteristic of bitcoin. The millennial want total control of their money. They would rather be their own banks than give some institution control over their money