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Author Topic: Why Do Young Investors Prefer Cryptocurrencies?  (Read 1392 times)
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November 26, 2021, 05:57:36 PM
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 #201

There is no age limit for this investment and bitcoin is not only made for young people but anyone can own it and also trade it and invest in it. Bitcoin is a profitable investment asset but with possibly higher risk compared to other non-crypto investment assets simply due to volatility. So anyone of any age group can invest in bitcoin if they agree to the risks involved.

The number of young people involved can also be influenced by the ease of access to information and more receptivity to new innovation compared to parents. But this investment is not aimed at any particular group, it is ours for all ages and genders.

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November 27, 2021, 04:38:39 AM
 #202

This generation is for the young and Crypto is for this generation, I mean the generation of the young and smart minded youth who easily understands the world of crypto. They’re smart and wants to be in charge of their finances so they capitalized on the decentralized technology to rule their world. It’s difficult for the old to comprehend this technology so they sit and watch the transformation crypto is bringing to the world. Don’t forget bitcoin is the future currency and we’re for the future so crypto we move.

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November 27, 2021, 05:46:58 AM
 #203

Young investors in cryptocurrencies don't want to be influenced by any government regulatory body, invariably sees crypto like a safe haven, thus offers opportunity for them to do their things in their own ways without any third party interference, opportunity to hodl, secure and keep their coins anonymously was another big advantage instead of saving fiat in the bank, all crypto related transactions can also be done anonymously in the comfort of their homes via internet is another advantage, finally reasonable amount of profits is also earned by buying and hodling crypto on long term basis.

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November 27, 2021, 08:09:02 AM
 #204

Because young investors prefer investments that provide higher returns such as those offered by crypto investments, even though they know that crypto investments carry greater risks than other investments, they do not really care about these risks because young investors have a strong mentality so they can deal calmly when there is a significant price drop.

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November 27, 2021, 08:21:46 AM
 #205

Crypto is mostly used by the young generation of the current world and it can be said that they are updated with the current world. They know the current world very much. Smart and easiest way to invest in crypto without going regulatory process which most of them want to ignore. This can be the best explanation for this statement so far.

The YOLO generation unlike the previous ones that prefer stability. Feels good being one of them Smiley

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November 27, 2021, 08:32:53 AM
 #206

One of the reasons will be because young people get weary of too much regulation and with crypto, they can make so much with little regulatory processes. And also, young people are open to trying new things.
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November 27, 2021, 09:52:21 PM
 #207

One of the reasons will be because young people get weary of too much regulation and with crypto, they can make so much with little regulatory processes. And also, young people are open to trying new things.

besides they are almost 24/7 with their gadgets and if they discover crypto, they can basically do their crypto activities on their computer or gadgets. they don't want much paperwork to do and dealing with crypto, you have no paperwork to attend to.
also, they are more open to these new technologies being presented to them. just look at how many social media channels are flying off and gaining massive attention to this younger generation. tiktok, twitter, instagram and others are earning massive profits because of them.

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November 30, 2021, 06:45:33 AM
 #208

That’s because they know what bitcoin is capable of becoming. In a world where everything is turning digital, cryptocurrencies have a future and bitcoin is definitely going to shine the brightest. From trading bitcoin to making use of it to make big purchases, everything is on the list of young people and they know what they are doing.
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November 30, 2021, 09:24:07 AM
 #209

Young investors have a curiosity to know new things, besides that young people dare to take risks so that cryptocurrencies are most suitable for young people, when the profit opportunity is big, it makes young people interested and invest in cryptocurrencies, when he gets a profit then he shares it on social media and easier to invite friends.


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November 30, 2021, 02:21:56 PM
 #210

I think young investors much prefer cryptocurrencies because their minds have been open to today's technological developments like crypto. Compared to the thoughts of people who actually tend to be old, some of whom are technologically savvy, they certainly stay away from crypto and don't think about it. Crypto feels easier, more practical, and faster if someone can access and use it, it's different if they don't have technology it will be difficult.
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November 30, 2021, 02:31:12 PM
 #211

As we know typically time of innovation and youthful era as well much dynamic in tech too do errand with most straightforward way.This is reason crypto is best put for them where they can findd opportunity and gain more in less time.They have more time to memorize something modern, they are open to more hazardous steps that can bring much more prominent benefit than conventional ventures. And you properly said that it is less demanding for youthful individuals to get it what bitcoin is and how it works. They get it that bitcoin isn't subject to expansion and it as it were gets more costly over time. Bitcoin incorporates a parcel of instability, but for long run speculators this will not be a enormous issue.

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November 30, 2021, 02:55:13 PM
 #212

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.
Exactly, the tech affinity in my opinion is the reason why it's popular among the youth and the millennials, they have a basic grasp in technology compared to the older generations and they are more outgoing and prone to doing risky stuff since they're much younger.
Young people are also dynamic in following technological developments and easy to understand and after this generation Z will also be easy to follow technological developments with young millennials because they like to take risks. For married parents think a thousand times to take risks even though it is profitable. that's what make young and old different by mindset and responsibility with family

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November 30, 2021, 04:12:55 PM
 #213

Young investors have a curiosity to know new things, besides that young people dare to take risks so that cryptocurrencies are most suitable for young people, when the profit opportunity is big, it makes young people interested and invest in cryptocurrencies, when he gets a profit then he shares it on social media and easier to invite friends.
Young people have very bold virtues and are suitable for crypto but due to the primitiveness of the crypto field has been disrupted too much by curiosity, most of the basics and current approach is just skimming and looking at summaries, while what I knew in the early days was that I read a lot from experience to little knowledge, no pre-filtered and analyzed projects. Modernity offers young people this gift but ignores the original research and self-study, it's easy to get bogged down by classic failures, lack of vigilance and rigorous training

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xSkylarx
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November 30, 2021, 06:00:03 PM
 #214

I believe that this is the new age in which your investors want to invest more in technology because we all know that most people invest in businesses that also have a lot of nich like a store, a bar, or a restaurant and so on, but now young investors are looking into new that also has a promising return and is also on the internet. I would say that investors are interested in the internet right now, such as e-commerce or cryptocurrency, because there is a lot of money in the internet.
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December 02, 2021, 01:56:51 PM
 #215

The YOLO generation unlike the previous ones that prefer stability. Feels good being one of them Smiley

Wait, so which generation do you belong to? Haha. I see all the whining about pay and rent and costs of houses and all that, and I don't really get it. Maybe the 1st world generation today is feeling the pinch but in the 3rd world, it's always been that way, even for someone growing up in the 1980s/90s. That didn't stop us from trying to save up as much as possible, putting off today's fleeting luxuries for a bit of longer-term comfort.

Makes you also appreciate it a lot more. And ready for when opportunities like Bitcoin come along...

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December 02, 2021, 02:01:34 PM
 #216

Young investors prefer to work actively. As for me, cryptocurrency is a very good choice in this case, which can also bring good money.
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December 02, 2021, 02:04:54 PM
 #217

Young investors prefer cryptocurrencies more than the other people because they are closer to new technologies. And they are just born into the technology era so it should be considered quite normal. And like every other people, young investors are attracted by the probability of high gains in the cryptocurrency market. But as far as I know, there is an important number of people among them also who are very interested in the technologies behind cryptocurrencies.
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December 02, 2021, 04:22:44 PM
 #218

Crypto is mostly used by the young generation of the current world and it can be said that they are updated with the current world. They know the current world very much. Smart and easiest way to invest in crypto without going regulatory process which most of them want to ignore. This can be the best explanation for this statement so far.

In addition, young people are usually more open to new things. Of course, background also plays a role. If you grow up with certain technology, then you are more likely to have contact with newer things. I think that's why more young people are currently investing in crypto than in stocks.

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wajik-tempe
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December 02, 2021, 04:26:05 PM
 #219

Young investors love challenges and agility, the "failed quota" of young people is still much, they will face everything and got failed on it and take lessons for a better decision in the future.
So i think crypto investment is really fit for young investors nowdays.
The ease of transaction and the transparency of the crypto projects is also make the young investors have more trust on crypto projects because they love to analyze what they could see directly instead of guessing with feelings.
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December 19, 2021, 07:04:40 AM
 #220

Anyone can invest in cryptocurrency, both seniors and young people, and cryptocurrency investment can be done easily.
The main things that encourage young investors to prefer cryptocurrencies as an investment medium are:

  • Mastering technology.
    The development of technology is growing, Young people are more tech-savvy than older people. Cryptocurrency investment is very easy to do using the application. This is because there are already many platforms and applications that offer various kinds of convenience from buying and selling transactions, registration, even in terms of choosing interesting features.
  • Limited capital.
    Young people have knowledge in the field of technology, but do not have much capital to build a business or invest in stocks, gold and other properties.
    Cryptocurrency offers young people to profit with limited capital. They can already invest with a capital of $ 100. But still must be accompanied by investment knowledge in the field of cryptocurrency.
  • Easy-to-find information.
    Internet cannot be far from the young. They can easily get interesting information about cryptocurrency. this is what drives them to be very interested in exploring everything related to cryptocurrency.

Yes, every investment has risk. but that doesn't mean it can't be avoided. By understanding the type of investment chosen properly, automatically young investors with limited capital can invest more safely and comfortably.

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