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Author Topic: Why Do Young Investors Prefer Cryptocurrencies?  (Read 1392 times)
kanayaTabitha
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September 21, 2021, 02:28:34 PM
 #81

I think it's not about the age, but it's about the era. Old stock investment are no longer interesting in this era because cryptocurrency investment return is much more crazy compared to them but with higher risk.
Current people in this era love to be challenged, they want to risk their money for multiple returns and it's okay if they loss because they know they could find another opportunity in the next move. There are so many young millionaire nowdays that means to become rich, the time is shorter and the chance is many in this era.
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September 21, 2021, 03:00:58 PM
 #82

If you look at it from the outside, cryptocurrencies are simpler than any investment coupled with a very large community. Potential to become a valuable asset in the future. Now that many young people, entrepreneurs, and businesses are starting to follow cryptocurrencies they are very interested in all of this.
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September 21, 2021, 03:22:55 PM
 #83

Can't compare crypto investment to other investment like stock or real estate for instance,  crypto investment is very convenient and easy to jump in and also give quicker return unlike other investment, this is more convenient for young people.

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September 21, 2021, 03:26:45 PM
 #84

It is also because it has been proven by a lot of investors these past years that it is more effective to invest in cryptocurrency, not because it is the hype right now, I remember a lot of people were claiming that Bitcoin was all hype and will die soon, how closed their minds were that they didn't even realize how essential Bitcoin will be, and looking at Bitcoin and ETH right now, the 2 powerhouse cryptocurrencies are continuously growing, more investors are interested in investing in crypto, and there will be more investors as Bitcoin continues to grow.
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September 21, 2021, 03:43:53 PM
 #85

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.

Young people who are also into the latest technology prefer investing in crypto because they already know how it works and how profitable it is. They also find it thrilling and realistic than the traditional investment that we all know. Also, young people, these days prefer digital currency when it comes to transactions and investment because of the convenience that it could give.
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September 21, 2021, 06:26:30 PM
 #86

Youngsters are open to try new things than elders. Elders think often as they might have had experience in such things earlier getting disappointed often. Another reason, Bitcoin was invented in current decade and it started booming up in the market attracting more investors inside. Since its all online and current generation youngsters started giving their try in it. Many have come inside seeing their friends getting profits out of Bitcoin. And the technology as well plays a big role in bringing in the youngsters.

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September 21, 2021, 06:38:33 PM
 #87

Young investors prefer cryptocurrency for invest their wealth because it is new currency which is introduced in modern world and young investors are intrusted on it. Cryptocurrency is like a online bank. You can use it anywhere for any transaction and their are many chances that it will be payment source in future.

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September 21, 2021, 06:51:49 PM
 #88

There are several reason for accepting crypto currency especially for young investors. Young investors generally more smarter then older. They can adopt themselves easily with the others. They are very much enthusiast in innovation. Some features of crypto investment they really enjoy those are crypto currency becomes part of their identity, Social media plays into crypto currency, The volatility can be exciting in it, FOMO and finally crypto currency provides hope.

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September 21, 2021, 07:29:18 PM
 #89

All country says youth is the biggest assest for any country. And youth is most powerful to reach any country top. They believe those country who had more youth they had more potential to reach top. According to science youth has strong and powerful weapon which is brain. They can think better and are always ready to do anything what they think. Which is a good sign. And now youth finds potential on bitcoin they saw crypto is a best investment asset then stock market. Thats why they are getting involved with bitcoin. In my opinion its a simple theory but for experts it might he different. Thank you.
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September 21, 2021, 07:39:19 PM
 #90

Young investors prefer cryptocurrencies because they like the possibility that they can make a lot of profit in some cryptocurrencies in the market. This is one of the biggest reasons that they choose cryptocurrencies over fiat currencies and gold. And another biggest factor is of course that the marvelous technnology behind the cryptocurrencies. Young people get really curious about interesting projects in this market. And they like to support the projects they see as promising.

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September 21, 2021, 07:40:06 PM
 #91

The young investors on the market were with a mind to take risk. Everyone are well aware about the market risks, and some prefer particularly for its fluctuation which we can't experience with stocks. Another reason is the profiting, because what an user makes out of cryptocurrency investment can't be made through stocks on the same deadline. This too a reason for recent days increase in the young investors on cryptocurrency.
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September 21, 2021, 09:41:28 PM
 #92

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.
Yes of course, you're in right track because, young people really needs what that will not be stressful to them, because looking at cryptocurrency investment generally is not likely to be stressful like other manual investment that requires more energy to accomplish it or to make it to come to reality, from my time and experience towards other investment the time needed to carry on some certain functions or execute it, is not like cryptocurrency time factor.

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September 21, 2021, 09:57:41 PM
 #93

Young investors prefer cryptocurrencies because they like the possibility that they can make a lot of profit in some cryptocurrencies in the market. This is one of the biggest reasons that they choose cryptocurrencies over fiat currencies and gold. And another biggest factor is of course that the marvelous technnology behind the cryptocurrencies. Young people get really curious about interesting projects in this market. And they like to support the projects they see as promising.
Young investors are more fearless today and they love to explore new things and investments around especially if it will give them good profits. Gone are the days where young minds are into fiat or gold investments. Young investors today prefer to invest in risky investments as long as they seem promising to them. And cryptocurrencies are the perfect choice for them because they are more accessible and are full of challenges unlike investing in fiat or gold where investors only see them in a constant, and that no growth happened.

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September 21, 2021, 10:06:44 PM
 #94

Young people prefer to something that is challenging and also hype.'
We know that many young people are now very connected and closed to an internet connection. So far, crypto is very popular in the world, spreading by many media.
Many young people start by joining airdrop. But some of them start trading.
They may start by learning at first,l but some also don't learn and try trading by trial and error.
Most of them are following other people's success.
Moreover, they may think that trading crypto is easier than forex, but in fact, it is not like that.
And one more, trading crypto may need lower money, I mean we can start trading crypto with small money and it is no problem.

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enhu
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September 21, 2021, 10:19:35 PM
 #95


The old money system is proven to have many flaws compared to blockchain base currencies which are more transparent and couldn't be seized by the governments, this kind of characteristic of Bitcoin and many other cryptocurrencies are more appealing to new investors particularly the tech-savvy which are the youths today.

One factor as well is that people are using the internet even the poorest people today have access online than banks. Internet is where cryptocurrency is which doesn't limit the unbanked people including the youth.

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September 21, 2021, 10:30:04 PM
 #96

Youngsters are open to try new things than elders. Elders think often as they might have had experience in such things earlier getting disappointed often. Another reason, Bitcoin was invented in current decade and it started booming up in the market attracting more investors inside. Since its all online and current generation youngsters started giving their try in it. Many have come inside seeing their friends getting profits out of Bitcoin. And the technology as well plays a big role in bringing in the youngsters.
Yeah, they often adopt the new system as these things could help them bringing into a better life. I appreciate their openness and response to the new technology but can't deny that their minds aren't matured enough to make a strong decision but mostly they easily get quit or even more emotional when they are in the struggles.

What makes these youngsters encourage to invest in crypto it was because they can make it online, it gives no hassle for them and they don't get sweat to work on it. They are techy already which could easy from the to use gadgets, unlike elders.
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September 22, 2021, 04:16:07 AM
 #97

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.
However, some old investors are starting to turn to cryptocurrencies and invest their capital in crypto. this may be a manifestation of the popularity of crypto with a fairly large capitalization.
Stocks and crypto are both types of investment instruments, both have risks and benefits to be had. Millennials are free to choose what investments they will make. doing both is also good.
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September 22, 2021, 09:27:31 AM
 #98

The mentality that they have is not to work hard but to work smart especially when it comes to finances and investment. The young investor doesn't want to embrace just the traditional way of investment but also considers the potential of potential gain in cryptocurrencies. Indeed, it was a risky decision but somehow rewarding on a long-term basis.

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September 22, 2021, 01:57:51 PM
 #99

It is also because it has been proven by a lot of investors these past years that it is more effective to invest in cryptocurrency, not because it is the hype right now, I remember a lot of people were claiming that Bitcoin was all hype and will die soon, how closed their minds were that they didn't even realize how essential Bitcoin will be, and looking at Bitcoin and ETH right now, the 2 powerhouse cryptocurrencies are continuously growing, more investors are interested in investing in crypto, and there will be more investors as Bitcoin continues to grow.
That's because the view is based on current reality. Bitcoin legalization is still limited as a commodity or asset. In addition, many banking institutions and world leaders oppose the existence of bitcoin, this makes some people worry. Although I'm sure the users continue to grow. In addition, the extraordinary growth in value is also one of the important factors, that bitcoin is the asset with the greatest growth in value.
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September 22, 2021, 06:05:21 PM
 #100

The mentality that they have is not to work hard but to work smart especially when it comes to finances and investment. The young investor doesn't want to embrace just the traditional way of investment but also considers the potential of potential gain in cryptocurrencies. Indeed, it was a risky decision but somehow rewarding on a long-term basis.
Yes mostly old peoples not like to take any risk they love to use their own system which is not more risky they love to invest in real estate gold and regular bonds which give them competitive profit but on other hands young blood which is connected to new technology and have some fast mind want to do things on very quick note and need to have better results with their fingertips just because of this now in recent time we have too many good and positive mind youths in rich community. Many projects are running by them giving them very good and solid profit which is having by old peoples in very long time.
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