Why Do Young Investors Prefer Cryptocurrencies?

[terrorJR]

The simple thing is that crypto prioritizes technological developments. because it can be said that crypto is a design that only exists and can be used with sophisticated technology.
Technically, young people will definitely follow the trends of the times as well as with today's technology and maybe they have seen the potential that exists.
besides that, the way investing works here is very easy and has the potential to be more profitable and most importantly when someone jumps into investing in cryptocurrencies like bitcoin they don't have to worry about investing things and regulations because bitcoin has a decentralized nature which makes them safe and avoid being mixed up. the hands of others, including the government cannot touch it.

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[mksundip]

we need to know cryptocurrency has a lot of updates according to technological advances. Cryptocurrencies also have algorithms that require a lot of experience to understand. Apart from that, crypto is also quick to make money. On this basis, crypto is only of interest to young people. they still understand about crypto and they understand the concept of crypto

[suryana]

The younger generation is more likely to be receptive to new things, including investing in crypto. Moreover, the crypto investment system is easy to understand and has the potential to generate very good profits, this is where the opportunity is used by young people. Instead they dominate at this time . Many rich people are formed from crypto. I think the future will be much better for crypto.

[Masplanc]

Young people prefer cryptocurrency because cryptocurrency is a digital currency that have come to stay, to add value to the younger generation. Young people do not have any choice to embrace cryptocurrency because they have understanding of what cryptocurrency is.

[Dhoe]

we need to know cryptocurrency has a lot of updates according to technological advances. Cryptocurrencies also have algorithms that require a lot of experience to understand. Apart from that, crypto is also quick to make money. On this basis, crypto is only of interest to young people. they still understand about crypto and they understand the concept of crypto

young people are state assets, if people are old, they certainly don't want to learn more about crypto because of the age factor, parents just enjoy the rest of their lives in this world, so it's natural for young people to play in the crypto world, because along with the development of the internet era, and today's young people also spend a lot of their time with the internet, so if many young people are involved in crypto investing, they are on track, investing in the crypto world..

[andeluna]

Its basically crypto currency become trend now a days thats why young people have an idea and they like the way how crypto currency work in a way of investing. They dont need workers physical store or office to start investing but only a money and knowledge how to start on it. For me this is the easiest way to invest specially to thos young people who have a mindset of investing in early age

[Chrystora123]

The younger generation is more likely to be receptive to new things, including investing in crypto. Moreover, the crypto investment system is easy to understand and has the potential to generate very good profits, this is where the opportunity is used by young people. Instead they dominate at this time . Many rich people are formed from crypto. I think the future will be much better for crypto.

Cryptocurrency is very easy to understand by the younger generation when we compare it to other types of investment.  even videos about investing in crypto on youtube are dominated by young people.  cryptocurrency is the best gift from satoshi to all people in the world especially young people..

[Rufsilf]

Considering this era we now live of, most of the young are already familiar how the cryptocurrencies works unlike the adults they maybe have a hard time to those who have just starts their interest in crypto world.
And because the young are the ones who automatically know what trends are on their generation, most of them who have interests in the crypto world have much more chance to profit and gain quickly considering how adept they are in computer literate and the works of it. Eventually, they are one of the biggest investors of their time when they'll become an adult.

[utc00]

From all financial indications, cryptocurrency profit is great. No business has produce bigger profit than cryptocurrency for the past few years. So, investing in it is a wise decision. I am also investing in it.
 

[SacriFries11]

1.Bigger profit margins.It's all about greed and making more money...
2.Easier access,compared to the traditional finance,but traditional finance is also getting easier access,due to apps like RobinHood.
3.Cryptocurrencies are more appealing to the tech savvy people.Most young people are tech savvy,so they like new technologies and innovation.
4.Higher risk:reward ratio...
5.Having less trust in the traditional financial institutions,like banks,hedge funds,insurance companies,etc.

Yes I agree to all the things you said. I also think that since our technology is unstoppable and digital money or transactions to fiat also takes place due to pandemic, cryptocurrencies will remain and will last long together with the technology. Because of this pandemic also, people find new ways to earn money and one option they found is through crypto more common is trading. Crypto also becomes trend due to high profile person that invest and post about it.

[Robertshon]

There are two types of young people. One type wants to be rich in a short way. That's why they invest here without knowledge after the loss they said gambling don't go :p One type Come here for a better future. They want a better future. They learn  first then invest

[retreat]

The younger generation is more likely to be receptive to new things, including investing in crypto. Moreover, the crypto investment system is easy to understand and has the potential to generate very good profits, this is where the opportunity is used by young people. Instead they dominate at this time . Many rich people are formed from crypto. I think the future will be much better for crypto.

The interesting thing about crypto is that it's a new type of investment and it's really interesting, Today's young generation prefers investments that can provide quick profits even though the risks are very high. but if they continue to hold the bitcoin they bought even though the price is bear, then they can be sure they will feel the profit many times over.

[Rishabh riyz]

the reason might be that the young generation  have more knowledge about digital environment , digital currencies and understand the functioning of blockchain based crypto , they are more openminded and willing to change ,
plus investing in bitcoins are less hectic and comparatively easier to invest in as compared to stocks or other investments which require regulatory procedures .

now in most of the countries people  below age 18 cannot have  a bank account but if they want to start trading they can  just borrow some from parents and invest in any crypto without and hassle .
 

[Patigi]

I think cryptocurrency is the best and easiest way you can  invest with little amount of money without no stress and sit back to watch your money growing.

I also believe why young ones of nowadays in invest in cryptocurrency it because of advancement of technology, technology have make many things easy for  young ones. Nowadays many people have access to internet not like before, now before a child clock 12years it will started accessing internet. And cryptocurrency investment is what you can operate with even smartphones.

[7788bitcoin]

the reason might be that the young generation  have more knowledge about digital environment , digital currencies and understand the functioning of blockchain based crypto , they are more openminded and willing to change ,
plus investing in bitcoins are less hectic and comparatively easier to invest in as compared to stocks or other investments which require regulatory procedures .

The young generation might be aware of digital currencies but i doubt that majority will understand the technical aspect of blockchain and you really do not need to know the technical aspect to invest in them, just the basic of trading is more than enough to be an investors.

now in most of the countries people  below age 18 cannot have  a bank account but if they want to start trading they can  just borrow some from parents and invest in any crypto without and hassle .

Users below 18 should not invest their money trading and once the exchanges enforced mandatory KYC i am sure they will not allow anyone below 18 i believe to trade in their platform.

[CDC AP]

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.

[HUSTLER]

Because they are connected with the current technology and know that this is the future currency that's why they importance then other businesses. Crypto currency  are the global currencies. And it can be buy or sell from any part of the world. And their money can be transferred within seconds from one part of the world to other through blockchain technology. These unique features make him popular and the youngster prefer to invest money in crypto currencies then the other currencies.

[StLucifer]

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.

[noormcs5]

According to field surveys indeed many investors who play in the crypto world are 20 years old, and they on average already have considerable assets and everything they get from investing in the crypto world, and they have a very big mission and believe bitcoin will definitely grow in the future, if we believe it will be very easy to profit in the crypto world then this is a very easy mission to run by Young investors, and their thinking is still very active and intelligent so it is very easy to accept by their minds.

The retail who is buying crypto is majority of young people. When you are in your 20s or early 30s you do not have much money with you. Normally you are dependent on your parents for the funds or you are just stating your career. That's the reason you don't have much funds in this age to invest in crypto but still whatever you save, you should put it in crypto and hold for some years. Hopefully everyone doing so, will be the millionaire for the future.

[proTECH77]

Young investors Prefer cryptocurrencies investments in the community because is very easy to earn good profits within a month from bitcoin investment. Most of the investors are educated investors who are use to technology and how to use it to invest on cryptocurrency to make a great profit from the investment without experiencing a loss from the investment.
The reason why young investors Prefer cryptocurrencies:
1. It is a decentralized currency which is not control by the government.
2. It pump without the help of the government in the country.
3. It is digital currency that doesn't require third party before your transaction can be successful.