Why Do Young Investors Prefer Cryptocurrencies?

[Sithara007]

Younger generation are more open to new technologies that are being introduced in the market.
They have the curiosity to check and learn, whereas, most older generations tend to stick to their traditional way of living.
This is why younger gen are good targets when it comes to new advances in technology, and in this case, the rise of cryptocurrencies.
They are more versatile when it comes to this type of investment and are willing to understand more about its true nature.

The young people have a higher risk-appetite. They have lower amount of disposable income available with them, but they tend to invest more in high-risk high-return assets. On the other hand, the older generation has seen huge number of scams and many of the elderly associate anything related to internet as ponzis. For them, Bitcoin is just another HYIP scam. On top of that, these people fail to understand that the governments and mainstream media have an ulterior intention when they deride Bitcoin.

[MIldic1c]

At present, there are few investment fields for young people. Young people often like low-investment and high-return fields. Compared with investments in the stock market and property market, cryptocurrency investment does not require too much capital to start earning their first pot of gold, and encryption Currency is more in line with the development trend of the young age, so there will be a lot of young people investing in cryptocurrency!

[CNMOH]

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.

[ilovealtcoins]

Of course, the enthusiasm of young people will be greater especially when they follow technological developments where many people are currently talking about bitcoin. It cannot be denied that young people are also smarter in understanding or deciding something because here it takes careful thought before deciding something. besides that it takes more effort in investing in bitcoin because we have to be more patient in following this ups and downs crypto market. Many fail to invest in bitcoin because they are in a hurry to decide something so they don't think carefully.

Younger generation are more open to new technologies that are being introduced in the market.
They have the curiosity to check and learn, whereas, most older generations tend to stick to their traditional way of living.
This is why younger gen are good targets when it comes to new advances in technology, and in this case, the rise of cryptocurrencies.
They are more versatile when it comes to this type of investment and are willing to understand more about its true nature.

They were not born into hardship like their parents. Materials are easily obtained through new ways of working. Careers of young people are more dynamic and diverse.
They are young, dynamic, open to technology, but the starting purpose is also to make a profit. Obviously, Crypto offers very attractive profits. Young people today have a habit of spending more money than their parents at the same age. That's why they look to cryptocurrencies. The big risk from cryptocurrency is scam, and there are many people who have lost all their money in investments.

[dezoel]

I think anyone who loves anything that has to do with technology will always have interest in cryptocurrency. Cryptocurrency is one of the coolest things when it comes to tech. And most of the youths these days are always interested in technology and what it can do for them, so when they see cryptocurrency they develop interest in it.

Although I do know that majority of them that are going into cryptocurrency are doing it because they want to get rich quick. I have seen a lot of them and that’s what they are after; money. Then there are also those who truly have genuine love for cryptocurrency and they want to build a good business on it and also be able to contribute to their community through it, because they believe that crypto is the future.

[tazmantasik]

It's pretty simple. Investing in crypto currency is the easiest form of investment without much regulatory procedures unlike the centralized government owned investment which requires excess documentation. For Crypto investment all one needs is just the patience to buy a coin and hold until it begins to appreciate

Yes agree with you. Investing in crypto in my opinion is very easy. Does not have any conditions and is not bound. It is enough just to learn how to invest and have capital. And there is no limit to capital problems, even small capital can still invest in Crypto. All of this is what causes young people to be literate in bitcoin investment.

[qwertyup23]

I do think that it is also linked to the convenience of owning/purchasing BTC compared to the traditional modes of investment.

For example, owning stocks require you to open a bank account and a brokerage account in order to own those shares of stocks (though there are banks that have their own stock account). Another example is bank investments or purchasing gold. All of those aforementioned example require you to at least own something in order to start. Whereas in BTC, just create a wallet and purchase it on trusted websites then you are good to go!

[AakZaki]

Other investment instruments may not interest millennial youth and prefer bitcoin or cryptocurrency. The current popularity of cryptocurrencies even attracts everyone, not only millennials, but professional investors too.
Young investors have a good opportunity to get into cryptocurrencies but are also balanced with good capital. Some of them only have capital from their pocket money and that is a good start. Set aside a little of their money to invest in cryptocurrencies.

[Ryker1]

Other investment instruments may not interest millennial youth and prefer bitcoin or cryptocurrency. The current popularity of cryptocurrencies even attracts everyone, not only millennials, but professional investors too.
Young investors have a good opportunity to get into cryptocurrencies but are also balanced with good capital. Some of them only have capital from their pocket money and that is a good start. Set aside a little of their money to invest in cryptocurrencies.

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.

[DOH!]

Young people's uptake of technology will be faster.  Young people are active, have choice and simply some because of their passion and preference for the most advanced technology, which is already the technology of the future for them.  Adults usually don't have the habit of choosing too big of a risk, I think the bigger the young community, the more bitcoin and cryptocurrencies will grow.  Not only young investors, there will be countless young people who still choose to mine, trade,...

[Yamifoud]

Young people's uptake of technology will be faster.  Young people are active, have choice and simply some because of their passion and preference for the most advanced technology, which is already the technology of the future for them.  Adults usually don't have the habit of choosing too big of a risk, I think the bigger the young community, the more bitcoin and cryptocurrencies will grow.  Not only young investors, there will be countless young people who still choose to mine, trade,...

Indeed, they choose crypto over local investment as they think that this is easy for them and they can do most online which I think they are good at that. Having been exposed to the internet and advanced technology made them easy to adopt the system but I don't think when it comes to decision-making I'm not if they are good as well, they might not.
This could be a sort of market vision, people would surely choose those investments that seem more profiting and fit for them, and this crypto investment is actually the best for the young investors who are willing to take more risks.

[Dilladupak]

Cryptocurrencies have better potential than other investments, which is the main reason why young investors are more interested in investing in Cryptocurrencies. 
I think it's not only young investors who are currently into Cryptocurrency, stock and forex investors from the elderly are also many who are entering into Cryptocurrency investment after seeing the price of Bitcoin soaring to reach ATH just a few months ago. 
Cryptocurrencies do provide very high expectations, the values ​​of Cryptocurrencies that are ranked above have very good potential and give hope will provide high profits to people who invest here.

[oktana]

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.

Old age investors don't really like crypto because they were born into the traditional money world. They have gotten used to it and have known it just too long to accept something new. On the other hand, not just the young investors but the new generation as a whole will have a full and proper chance to choose between traditional money and cryptocurrency knowing their advantages and disadvantages. As for the past generation, like you said, they'll forever be cautious, only a few will be open to accept something new.

[markdario112616]

Id say due to continious innovation of the crypto world. The traditional market is now stuck at this age, not much of an addition and somehow less attractive to be honest. Unlike in crypto, it's open to new and exciting things. Plus, for me It's much easier to study and to play with, unlike, the latter. Also, One factor is that we are now in digitally acclaimed era in which more and more young bloods are into the advancement of modern Tech.

[iTradeChips]

No wonder millenials give names to the generation gap, and call the old-timers the 'boomers'. You can try to speculate why young people are attracted to Bitcoin and cryptocurrency in general but for me it all boils down to technology. People born in the 70s until the 90s are the one who experienced both the analog and the digital world, and are more capable of learning the ropes of technology more easier than those born before them. For us, technology is easy.

[lelahenderson]

Younger people have more ambitions nowadays. Their ambitions and the ability to revolutionize the world helps them to wait for the fruitful results of putting in faith in cryptocurrencies. They have high motivations and unlike the youth of the past, they have more potential to take risks.

[TribalBob]

because investing in crypto is not difficult to invest in real, there are too many requirements if investing in real and the capital issued does not need much with capital of 25-50 $ per month by setting aside money they can buy bitcoin and their favorite altcoin

[Marvell1]

Youth is an expression of intelligence, agility and better adaptation to life and the future of the world. They love to explore and learn new things around them. they have easier access to technology and the internet than middle-aged people. Invest in crypto sometimes doesn't require a lot of capital to get started, they may not even need seed capital, as long as they have the determination and hard work.

[glendall]

Young investors know which ones provide faster and more tangible returns, where the 2-10x profit opportunity in 1x investment can be achieved in a matter of months, in contrast to investments outside of crypto such as housing, land and others that take a long time to make a profit.
What is certain is that young investors know where there are profit opportunities from technology

[Ekyfitri]

because investing in crypto is not difficult to invest in real, there are too many requirements if investing in real and the capital issued does not need much with capital of 25-50 $ per month by setting aside money they can buy bitcoin and their favorite altcoin

I believe the difficulty is not the main factor. most importantly, crypto is very popular right now, and young people are bound to follow whatever is popular. especially those who understand the importance of managing investment assets for the future.
Young people also like challenges, some of the young investors certainly feel challenged by the ever-changing state of the crypto market in a short time. this sparked confidence and interest in crypto assets like bitcoin which exploded this year.