Why Do Young Investors Prefer Cryptocurrencies?

[AicecreaME]

Despite being young, most investors nowadays are wise enough to decide on where they will put their funds. They have more options and alternatives now and they utilize them to their advantage. I must say that the generation now is more open-minded, willing to learn, and determined enough to earn some profit. They are not enclosed with the traditional ways on how to generate income because they make use of most of their resources as much as possible. They do not just stick on one way to earn, instead, they try many ways they see the opportunity to help them rise from where they are currently in. Of course, smart enough to distinguish which are scams and which are the legitimate sources of income. Diversification, being open-minded, and being strategic are the common character traits of young investors now. Hence, they opt to do cryptocurrency investment or trading because they see potential in it, unlike the older generations which are often close-minded and fixed to whatever they believe in.

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[livingfree]

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.

Them being young is an advantage. Why? because they can take as much rich as they can. If they fail with it, they can restart as they grow older.

While the older people, they have to assure and secure themselves with investments because they don't have unlimited resource so they're just also being wise with their decision.

[imstillthebest]

Them being young is an advantage. Why? because they can take as much rich as they can. If they fail with it, they can restart as they grow older.

While the older people, they have to assure and secure themselves with investments because they don't have unlimited resource so they're just also being wise with their decision.

so its all about the risk and is nothing to do with crypto and why not young people invest instead in stocks and other assets and not in crypto ?
older people can care less with responsibilities and they also have different sources to get funds like retirment , pension ,
 ( to name a few ) they can use this as investment if they want to but i guess its not necesary because like i said earlier they are already old and have less responsibilities .

[Kodok Bencot]

Cryptocurrencies are a type of high-risk investment so they are only suitable for young people, when they lose, they are not too problematic because they are still productive, this is different from older people who choose security because they are no longer productive.

[junmisakiro]

Millennials are a generation that grew up with technological developments and most of them realize that bitcoin is a good long-term investment to earn greater profits in the future as they get older, thus making millennials more interested in investing in bitcoin than other investment instruments.

[Shasha80]

Cryptocurrencies are a type of high-risk investment so they are only suitable for young people, when they lose, they are not too problematic because they are still productive, this is different from older people who choose security because they are no longer productive.

What you say is true, older people are more looking for safety and will avoid something with a high risk. While young people like challenges and new things
in life, that's why many crypto investors are young people. Because volatile crypto prices do have a very high risk and crypto also uses new technology,
that's why many young investors it's easier to accept crypto. Another thing why more young people are interested in crypto, that's because young people
are more eager to learn new things, while old people are not so interested in learning new things.

[Kittygalore]

Cryptocurrencies are a type of high-risk investment so they are only suitable for young people, when they lose, they are not too problematic because they are still productive, this is different from older people who choose security because they are no longer productive.

That's not true at all, I mean adults can get in here too, I think that the risk is a general thing for every type of investment, I think that the reason for the young people getting into this kind of stuff is because they are much more adventurous and are more inclined to technologies.

[ivankoh]

I simply think, young people are clearly more technologically aware and savvy.  At the same time, when young people are often enthusiastic, dare to accept challenges, progress, and think positively, they discover fascinating new things in which bitcoin and crypto are the future of money. It is difficult to convince the elders to believe in bitcoin or crypto.  Meanwhile, with the mentality of young people it will be the opposite.

[wack slacker]

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

This is what I love with crypto, high returns, easy account opening procedure and fast withdrawals.
Buying crypto and patiently waiting for the price increase is the right thing to do, but it also doesn't make sense. There are more shitcoins that we know of. Many people bought altcoins at high prices and they lost forever. Many people have been rich from 2020 to this point because they invested in a vibrant uptrend market.
The common mentality of young people when investing in cryptocurrencies is the desire for big profits.

[Rruchi man]

It has to be it's simplicity and obviously being millennials. Young people find it easy to relate to because they are tech savvy and they find the technology easier to understand and own unlike assets such as gold which have so much paper work  to do before you can own it and by the way you can not get the sense of ownership with other assets , whereas you can get this feeling and satisfaction with cryptocurrencies.

For me too, this basically is the reason, its the digital age and the entire concept behind cryptocurrency (digital money) appeals to this digital age and young people who have been empowered by the internet.

Also formerly when we hear of investments, it always pointed towards buying stocks and shares from companies, real estate, gold and all that, they are all nice, but sometimes require a very huge capital to start, plus the wait period is also an issue to get good ROI on investment. Right now with cryptocurrency which is easy to understand by young investors, theres an opportunity for investment with very promising ROI, so a lot of young investors will definitely prefer it.

[Renampun]

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

sounds easy but it's not that easy...

investing in crypto must have high emotional intelligence and analysis too, those who are easily influenced by government words will definitely not dare to invest in crypto. I am happy to see that young people nowadays prefer to invest in crypto, it shows that they have a strong belief in the future of crypto.

[Dread Pirate Roberts]

they see the ease of things that continue to evolve in their generation. from an economic to media digital thing will always become main priority. and if you look at the current digital investment that is very popular, it is crypto. maybe what is excessive is when the concept of cryptocurrencies is considered a concept that will definitely mulitply return which is not really true.  and  mindset of the generation X Y Z is difference each other.

[tabas]

I simply think, young people are clearly more technologically aware and savvy.  At the same time, when young people are often enthusiastic, dare to accept challenges, progress, and think positively, they discover fascinating new things in which bitcoin and crypto are the future of money.

Yes, at early age they were already given some ideas about technology and was also depth on it. Although there's the sense of being cool when they talk about it with their friends but in reality, they are doing a good job because they've come up with it as an investment at a young age.

It is difficult to convince the elders to believe in bitcoin or crypto.  Meanwhile, with the mentality of young people it will be the opposite.

I wouldn't generalize it that, there are still a few elders that are into it as they understand it very well. We don't need to convince them, they just have to learn and understand it.

[livingfree]

Them being young is an advantage. Why? because they can take as much rich as they can. If they fail with it, they can restart as they grow older.

While the older people, they have to assure and secure themselves with investments because they don't have unlimited resource so they're just also being wise with their decision.

so its all about the risk and is nothing to do with crypto and why not young people invest instead in stocks and other assets and not in crypto ?
older people can care less with responsibilities and they also have different sources to get funds like retirment , pension ,
 ( to name a few ) they can use this as investment if they want to but i guess its not necesary because like i said earlier they are already old and have less responsibilities .

There still has something to do with crypto and that's why they're investing on it. But with taking the risk, it's easy for them to recover because they're still young.

While the older ones are too conservative and has to be conscious with their investments before they get in into another one.

[Fatunad]

Them being young is an advantage. Why? because they can take as much rich as they can. If they fail with it, they can restart as they grow older.

While the older people, they have to assure and secure themselves with investments because they don't have unlimited resource so they're just also being wise with their decision.

so its all about the risk and is nothing to do with crypto and why not young people invest instead in stocks and other assets and not in crypto ?
older people can care less with responsibilities and they also have different sources to get funds like retirment , pension ,
 ( to name a few ) they can use this as investment if they want to but i guess its not necesary because like i said earlier they are already old and have less responsibilities .

There still has something to do with crypto and that's why they're investing on it. But with taking the risk, it's easy for them to recover because they're still young.

While the older ones are too conservative and has to be conscious with their investments before they get in into another one.

Old people or matured ones would really much prefer those traditional investment since they do know that it is long time running and have been known compared into new forms of investment that
it is just young specially with crypto which is only a decade old and its no surprise that those old person would really be seeing this to be risky and wont mind on touching it up and even dont tend to throw even a cent.
Young or the youth which are really known on the current trends and technology and due to that curiosity in mind then it is most likely they would really be choosing up crypto investment and to think that
it doesnt really need up big amounts in capital which is really reachable unlike those traditional investments.

[nelson4lov]

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.

In any generation, young millennials and those in Gen Z are mostly the ones that are spearheading innovation. Majority of the rich old people were young when they made their wealth and people at that time prolly thing they were wasting their time chasing the dotcom boom and other trends at the time. It's the same thing with crypto right now. For one, Young people are naturally curious and would easily get used to things that older people would consider irrelevant or difficult.

[Davidvictorson]

I think that at different times in the world, there are different investment opportunities that appeals to each generation, from steel, diamonds, gold, horses, etc. I'm pretty sure that during the gold rush era young investors were more interested in investing in Gold than in agriculture or ranches. Now is the cryptocurrency and soon when it "ends" with this generation, the young investors of the next generations will take interest and invest in whatever has a good ROI in their time.

[verita1]

Young investors prefer cryptocurrencies to invest because it is easier to invest and the ROI can be shorter than with the traditional method. They can do it with a modest amount of money.
Traditional investments seek to be replaced by cryptocurrencies due to their simplicity. They can invest with just a few clicks, if we take a look there are recognized investors who are investing in cryptocurrencies so our space will be preferred by more people around the world as bitcoin and crypto become more popular.

[Viscore]

Them being young is an advantage. Why? because they can take as much rich as they can. If they fail with it, they can restart as they grow older.

While the older people, they have to assure and secure themselves with investments because they don't have unlimited resource so they're just also being wise with their decision.

so its all about the risk and is nothing to do with crypto and why not young people invest instead in stocks and other assets and not in crypto ?
older people can care less with responsibilities and they also have different sources to get funds like retirment , pension ,
 ( to name a few ) they can use this as investment if they want to but i guess its not necesary because like i said earlier they are already old and have less responsibilities .

There still has something to do with crypto and that's why they're investing on it. But with taking the risk, it's easy for them to recover because they're still young.

While the older ones are too conservative and has to be conscious with their investments before they get in into another one.

Old people or matured ones would really much prefer those traditional investment since they do know that it is long time running and have been known compared into new forms of investment that
it is just young specially with crypto which is only a decade old and its no surprise that those old person would really be seeing this to be risky and wont mind on touching it up and even dont tend to throw even a cent.
Young or the youth which are really known on the current trends and technology and due to that curiosity in mind then it is most likely they would really be choosing up crypto investment and to think that
it doesnt really need up big amounts in capital which is really reachable unlike those traditional investments.

Young investors are more likely adventurous and like to explore new things around and eventually put their trust on it. This is very different from old investors because they want security first before they can put their trust on it. And young investors tend to be more aggressive that whatever they think they always want to do it right away. But with the active minds of young investors, they will be able to accept new changes and challenges faster than those old investors. That is why they prefer to invest in crypto over the traditional system.

[kaseygriffin]

The attractiveness of profit is the driving force for many people to be interested in it, I find that young people also approach this field quickly when they can understand and grasp the basic information about trading. But it is also important to look at the issue of whether such an approach really gives them what they are looking for, when the experience in this field is lacking, there will be a lot of repetition in the process of the way they came to this market, and why the forerunners had better patience.