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Author Topic: Why Do Young Investors Prefer Cryptocurrencies?  (Read 1451 times)
taufik123
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October 26, 2021, 08:23:35 PM
 #161

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.
To get big profits from investment is the desire of everyone, not just young people. But losses on cryptocurrency investments must have happened. No one claims that investing in cryptocurrencies is never a loss.

Those young investors do have a bigger opportunity because their enthusiasm to get into crypto investment is very big. this is also because investing in crypto is less risky and the initial capital does not have to be large.
It is easy for investors to own cryptocurrencies too because crypto is being hype and returns are faster (depending on the type and how long of an investment they choose)

 
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October 26, 2021, 08:56:52 PM
 #162

Why do young investors prefer cryptocurrencies? One straight answer is that they have stopped playing by the rule set by the old money and invented a new game. That said, are cryptocurrencies the dividend the world offers to this generation of young investors?
Data is often the most authentic and reliable evidence. According to statistics from AssetDash, the 2021 market cap rankings of global assets are as follows:

Chasing shortcuts to wealth is one of the oldest games in the world, there is nothing new about that. Everyone wants to be at the top of the economic food chain, being able to live their life in luxury and do what they want every day instead of being forced to work. Bitcoin, or any cryptocurrency for that matter, does not produce anything - so the only way that you will increase your wealth is buying in at one price point and selling at a higher price point. You get a single pay off that is not reoccurring and unless you started with a lot, you will not make much money that way. Owning a stock (aka a small share of a company) gives you a perpetual income stream for as long as the company exists and makes a profit each year, that is probably the most reliable path to wealth that is simply not taught well enough to many younger generations.

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October 26, 2021, 09:21:10 PM
 #163

Why do young investors prefer cryptocurrencies? One straight answer is that they have stopped playing by the rule set by the old money and invented a new game. That said, are cryptocurrencies the dividend the world offers to this generation of young investors?
Data is often the most authentic and reliable evidence. According to statistics from AssetDash, the 2021 market cap rankings of global assets are as follows:

Chasing shortcuts to wealth is one of the oldest games in the world, there is nothing new about that. Everyone wants to be at the top of the economic food chain, being able to live their life in luxury and do what they want every day instead of being forced to work. Bitcoin, or any cryptocurrency for that matter, does not produce anything - so the only way that you will increase your wealth is buying in at one price point and selling at a higher price point. You get a single pay off that is not reoccurring and unless you started with a lot, you will not make much money that way. Owning a stock (aka a small share of a company) gives you a perpetual income stream for as long as the company exists and makes a profit each year, that is probably the most reliable path to wealth that is simply not taught well enough to many younger generations.
Majority does really have this kind of mindset on the time that we are already aware on how this world and reality works.We do all much prefer on having

lots of money because money is a symbol of power,luxury and superiority and thats why it isnt that surprising that all of us would really be aiming that

kind of state no matter what method we would really be taking thats why we are always in a hurry but its true that it is really prone to lots of mistakes.

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October 26, 2021, 09:35:13 PM
 #164

I believe this is because most of them are young and smart.
I agree if young investors are smart. But I think the main reason is that they are brave. Young Investors are brave to put their money into crypto which basically has a big risk. They know it is high risk but they don't really care, they just focus to invest in crypto since it offers potential big profits. While old investors prefer to invest their money into something that has small risk, although the potential of the profits isn't as big as crypto.

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October 27, 2021, 04:02:22 AM
 #165

Biggest wealth making in shortest time period is the main reason why young people are preferring cryptocurrencies over other forms of investments.

I've encountered this with my friends. One of my friend who is working for an insurance company kept investing on stocks. Due to the recent days popularity he gave a try on cryptocurrency with very minimal investment of $250. Within a weeks time his investment of $250 turned $1000. This made him more interested on cryptocurrency. Probably if he hadn't earned anything or something similar to stocks he might've avoided cryptocurrency investment. Now he's spending his regular stocks investment into cryptocurrency.

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October 27, 2021, 05:26:46 AM
 #166

Biggest wealth making in shortest time period is the main reason why young people are preferring cryptocurrencies over other forms of investments.

I've encountered this with my friends. One of my friend who is working for an insurance company kept investing on stocks. Due to the recent days popularity he gave a try on cryptocurrency with very minimal investment of $250. Within a weeks time his investment of $250 turned $1000. This made him more interested on cryptocurrency. Probably if he hadn't earned anything or something similar to stocks he might've avoided cryptocurrency investment. Now he's spending his regular stocks investment into cryptocurrency.

What else do we think more attractive in terms of investment aside from the good profit it offers right. Cryptocurrency and stocks are both good investment but young generation were more likely spending their time investing in cryptocurrency than in stocks because it is decentralize while in stocks you will need the aid of the broker to be able to buy a share of stocks. In crypto a tech savvy young generation can start investing because investing and learning how to deal with crypto platform can be learn through social media platforms like youtube which also make it easily for them to adopt in the crypto environment.
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October 27, 2021, 09:21:14 AM
 #167

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.



It seems right and also youngsters know crypto is the future currencies. They are try to become early buyers so that make their retirement early. Risk:reward ratio is the major reason I think because youngster can take risk and they focus on money so they can able to live in luxury. And they have many options to invest so they logically select better one such as crypto.

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October 27, 2021, 01:05:20 PM
Last edit: October 27, 2021, 10:09:49 PM by Hippocrypto
 #168

Why do young investors prefer cryptocurrencies? Or, to put it more plainly, why do young people like crypto speculation? In the public eye, the phrase “crypto speculation” is often associated with negative implications such as “radical”, “high-risk”, and the “ambition” for getting rich. However, the preference for cryptocurrency among the young seems to be unstoppable. According to the latest report released by Crypto.com, in January 2021, there were 106 million crypto holders worldwide, and the figure has surged to 221 million by August 2021, compared to only 66 million in May 2020. The doubling of holders during six months shows just how popular cryptocurrencies are.

~snip~

Young investors prefer cryptocurrencies because they know how to manage it and maybe they have knowledge about it through the help of technology as it improving always. Cryptocurrencies now is very popular in social media such as Google, YouTube and other platforms. They also prefer crypto maybe because young people are now more familiar with the internet world, everything they do uses technology and they can already gain money through online. They are also flexible on making decisions, they are open minded and there are lot of options on where to invest. So, it's not surprising that young investors prefer crypto as it has a strong security system for the safety of their invested money.
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October 27, 2021, 01:14:45 PM
 #169

Simply because young investors born in a modern generation with modern technology including cryptocurrency as digital assets. They are aware about cryptocurrency and they have knowledge about. Also young investors are more used in online investments specially this time of pandemic and they know that investing in cryptocurrency is profitable although it is a high risk kind of investment.

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October 27, 2021, 10:42:05 PM
 #170

I think the younger generation has started to see an opportunity in the crypto world because we know that the crypto world is currently expanding and I think most of the younger generation already know about it. besides that the younger generation is also smarter and also open minded to new technology, especially if they know that here they can get profit or money from it. in my country also young people are starting to take advantage of crypto and many have also made big profits because they really use it well. so if you really intend to enter the crypto world then we must also be able to manage it well so that we can get the results.

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October 27, 2021, 10:49:11 PM
 #171

Young people they always have a great curiosity about that new thing so they will find out what it is? .If they can use their curiosity to find more about bitcoin and try to invest in bitcoin, they can have a bright future their friends can't even imagine. there are a lot of rich and famous people investing in cryptocurrencies that's why they want to experience investing in these risky and risky markets for themselves, they really want to be as successful as they are and want such huge profits from investing in cryptocurrencies.
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October 27, 2021, 11:06:42 PM
 #172

In fact, working on this cryptocurrency is a source of joy. Especially young people work most here.It feels great to work in cryptocurrency at a young age. Remembering us in particular, we can see that almost 80 percent of those of us who work in cryptocurrencies are mostly young.And it is young people who can take the biggest risks in this cryptocurrency.

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October 28, 2021, 12:11:09 AM
 #173

Investing in crypto has an advantage in every way when compared to other investments. This makes young investors more interested in cryptocurrencies, in this digital era cryptocurrency is a new investment that is very profitable if we are able to manage it well. Many people who have been successful in this field have encouraged people to invest in cryptocurrencies, especially young investors.

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October 28, 2021, 07:35:21 AM
 #174

Biggest wealth making in shortest time period is the main reason why young people are preferring cryptocurrencies over other forms of investments.

I've encountered this with my friends. One of my friend who is working for an insurance company kept investing on stocks. Due to the recent days popularity he gave a try on cryptocurrency with very minimal investment of $250. Within a weeks time his investment of $250 turned $1000. This made him more interested on cryptocurrency. Probably if he hadn't earned anything or something similar to stocks he might've avoided cryptocurrency investment. Now he's spending his regular stocks investment into cryptocurrency.
For me, it is natural that not only young people want to invest quickly, but also people from all walks of life want it.  the problem is that only young people understand bitcoin technology and the cryptocurrency market.  not all people understand this, so maybe most of the young people are more dominant in investing in the crypto market

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October 28, 2021, 12:24:28 PM
 #175

young investor like the high risk  Grin "maybe" but for me crypto is really crazy even tho high volatility rather than other investment product because of the market movement some people made high profit also but keep in mind we need diversity when do investment

but in my country indonesia there so much new investment platfrom and covid-19 just give the booster to young investor including crypto, stock and low risk investment like mutual fund

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October 29, 2021, 03:32:38 AM
 #176

Cryptocurrency values are very volatile and maybe for young investors who like high-risk investments this activity may be very challenging for them and the decline in value that occurs also does not dampen their enthusiasm to continue investing in them and not give up easily.
and for another reason is to increase income and want to learn to understand the complexities of blockchain technology and its benefits because their brains can easily adapt to technological developments and have curiosity, and time which makes young investors more profitable. I mean because they do not think about the burden and time, and also dare to take decisions and risks even though it takes a long time to get good profits.


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October 29, 2021, 04:36:29 AM
 #177

Young investors are usually more aggressive, they want to be big speculators, so they can make a profit in a relatively fast time and the results are big. By looking at the nature of cryptocurrencies which have high volatility, this market seems to fit what they are looking for, even though the risk is higher too.

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October 29, 2021, 10:57:51 AM
 #178

Easy access and you can start with any amount... With internet, device, and some money, you are ready to go! With some skills you don't need money, you can earn some money and start with that! You don't need KYC and banking cards... so young are choosing the easier and simple way instead old and complicated one!

So it's easy to start with crypto, and once someone starts will learn more about the crypto world, about how everything works, people realize that crypto is a world for itself, that is growing, new possibilities around every corner, add to that all new things that are popping out every day... it's never boring in the crypto world, and if someone has a desire to learn more can do it even for free! That is very attractive for young people, they see the chance to make something for themselves, and maybe they can contribute to changing the world!

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Doell
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October 31, 2021, 07:38:18 PM
 #179

 ^ of course access is easy | super strong security | high profit | apart from other investments only crypto can be reached with just one touch and can be used for daily necessities if there is a store that accepts crypto payments ,security is also very well safe because the user maintain the confidentiality of his assets ,the development of crypto is very global and grow up become an asset for the future with high advantage

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habebe
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November 01, 2021, 05:50:21 AM
 #180

because, it's not just adults who want to be a crypto assets as well as young people who already know everything and I think they are smart enough and enough of them to understand things here in bitcoin I don't choose my age  you will learn to crypto assets in other words a bitcoiner ,,, and beside an investor is indiscriminate age when you know how to reach it.
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