Why Do Young Investors Prefer Cryptocurrencies?

[virasog]

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.

First anyone who want to trade there are two platforms available, Forex and Crypto.
Forex is complex for the newbie and sounds a bit outdated to the newbies. Also seeing the gains in crypto, they prefer to opt for cryptocurrencies. That's a good decision by them provided they learn it thoroughly.

[haasanjui]

Young investors prefer Crypto because they know Crypto has Bright future and world is growing towards digital. And crypto is digital currency so young investors prefer crypto. And you can earn from crypto by invest in right coin at right time.

[goku19]

Various data show that bitcoin is the most profitable investment since 2010, although there is a lot of negative news about bitcoin but this actually makes young people curious and try bitcoin investment, when it proves to be profitable then they share it on social media so that it makes friends interested in investing in bitcoin .

[Lizzylove1]

There is no known traditional asset that is capable of turning $500 to $60M within a short time like 5Months. That can only happen in crypto, so basically a smart generation wouldn't want to wait for years to be financially free. They need it ASAP in the easiest way.

[Mpamaegbu]

Beyond all the suggestions made above why young investors prefer cryptocurrencies, there's that crave to be associated with the rave of the moment by youngsters. Cryptocurrencies afford young people that satisfaction that they're a part of the rave of the moment if they bought or invested in it. I think this urge makes them bury themselves in the idea of cryptocurrency. There's that look of respect (of a perceived intelligence) for anyone who is into cryptos because those who aren't feel that those in it are more knowledgeable than them who aren't.

[blockman]

There is no known traditional asset that is capable of turning $500 to $60M within a short time like 5Months. That can only happen in crypto, so basically a smart generation wouldn't want to wait for years to be financially free. They need it ASAP in the easiest way.

That mindset of the young has been happening lately when they've seen people turning small capital into millions. But it's just pure luck and speculation. Lucky those people that have made a lot from their little investment. And the young ones are going with the trend and hype hoping that they'll also be lucky that will make them turn that a lot into something big just like what they've seen with the others. While the others, they're investing and telling that it's for the tech and they want it slowly but surely.

[Woodie]

Technology moves with time and it so happens that cryptocurrencies fall under this bracket of technology which has attracted many young investors as its easy to get into without much fuss, paper work and relatable to the millennials. Unlike gold which is not much of their liking, crypto is the new digital gold which has got their approval 

[TimeTeller]

Technology moves with time and it so happens that cryptocurrencies fall under this bracket of technology which has attracted many young investors as its easy to get into without much fuss, paper work and relatable to the millennials. Unlike gold which is not much of their liking, crypto is the new digital gold which has got their approval  

And to see what's going on with millionaire millennials, the article below stated that 83% of them own crypto.

https://cointelegraph.com/news/new-survey-reveals-83-of-millennial-millionaires-now-own-crypto

It means, this younger generation has no qualms about getting themselves into crypto investments.
And I believe, even these millennials with smaller funds, are also into crypto, they will try to get a hold of some crypto assets.
They are not afraid to take a risk and they are open to this kind of technological advancement.
Remember, most of younger gen have their own gadgets that they can easily tap what they want to know.

[Peanutswar]

Young investors now really want to catch up if they get curious about and cryptocurrencies today is one of the trends because of the NFT and play to earn games some of them have their budget and take try to take a risk on it, and slome of them just borrow to their parents and by that they need to focus to earn it and take profit if it might lose there's nothing loss to them.

[josephdd1]

First of all, crypto market is one of the easiest market to enter. So as to work on stock market and invest in bonds and shares, you need to open an account with a broker sometimes you need minimum entry threshold, but on crypto market, you just need to download the wallet and register on an exchange. It is available for everyone.
Also young people are more susceptible to the illusion that you can make a lot of money quickly and easily.

[Henrobakkara]

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.

That might be a reason but it isn't the main reason. The young generation has come to understand that Bitcoin or cryptocurrency, in general, is a faster way to make money whether we all agree if they should see it as such is a different question. Also, the young investors have seen what has happened over the few years cryptocurrency has existed, how much it has changed people's financial lives from not just making profits from investments but also the financial autonomy. I believe that these are some of the main reasons young investors prefer crypto investment. 

[TheNineClub]

Young people prefer crypto because it's a generational thing. As with everything in life, differences in generations come to play when younger generations discard the ways of old to forge their own path. There is nothing new to this. Generations before us preferred to invest in stocks rather than gold as the ones before them did. ANd the same will happen with generations after, they might as well discard crypto investing as the best thing, and find something new. Crypto is a relatively new concept and most of us have seen it grow up in our formative years, so we think of it as 'ours' rather than 'theirs'. That's why young people flock to it. It's the ease of technological understanding and the excitement of it being something that you could be a part of when it was exciting and new.

[Abiky]

Technology moves with time and it so happens that cryptocurrencies fall under this bracket of technology which has attracted many young investors as its easy to get into without much fuss, paper work and relatable to the millennials. Unlike gold which is not much of their liking, crypto is the new digital gold which has got their approval 

Of course. Young investors prefer crypto because it's much easier to get into it (unlike stocks, and real estate). Not to mention, they're always taking risks by exploring new things. The old generation is quite skeptical about crypto/Blockchain tech, simply because the Fiat system has dominated for long. Their distrust in new technologies will make them lose an opportunity of a lifetime to expand their capital. Young people are smart, so they will take every advantage to stay ahead of the game. Expect to see more crypto millionaires at a young age, as mainstream adoption grows at a fast pace. Who knows if Bitcoin becomes gold's successor within the not-so-distant future? Just my thoughts

[geegaw]

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.

That might be a reason but it isn't the main reason. The young generation has come to understand that Bitcoin or cryptocurrency, in general, is a faster way to make money whether we all agree if they should see it as such is a different question. Also, the young investors have seen what has happened over the few years cryptocurrency has existed, how much it has changed people's financial lives from not just making profits from investments but also the financial autonomy. I believe that these are some of the main reasons young investors prefer crypto investment. 

The influence and makeover of the first generations is too great and leaving a consequence behind is the younger generations who are constantly injecting themselves with stimulant drugs, more precisely, the autonomy and wealth of the old investors was assumed to be the end result the young investor would get, an overstatement and lack of explanation. Do not deny the wisdom of young people but oppose their arrogance, this personality makes them not successful enough in crypto, perhaps quite a few exceptions but the failed crowd still shows a separation, likes to invest but does not mean suitable for this path

[yayayo]

Foremost, just like many others, young investors are turning to crypto because it provide opportunities to make cash quickly and through diverse ways. Moreover, it can be learned online. Given that the younger generations are much inclined with technologies, it is a great consideration that crypto can be learned and done with the internet.

ya.ya.yo!

[syedzakir]

Young investors mostly prefer anything that is related to digital technology and this technology is the most convenient technology which is accessible to everyone through their smartphones so they prefer it because they can access it by staying at their homes even during the lock down conditions.

[StLucifer]

At present, there are few investment fields for young people. Young people often like low-investment and high-return fields. Compared with investments in the stock market and property market, cryptocurrency investment does not require too much capital to start earning their first pot of gold, and encryption Currency is more in line with the development trend of the young age, so there will be a lot of young people investing in cryptocurrency!

[JayTrain]

I have been familiar with cryptocurrency for about 5-6 years and I myself can say why cryptocurrency attracts young people so much...because young people have seen enough of "bloggers-traders" who know how to embellish so that a naive student realizes that there is a lot of "easy money" in this topic, but this is most often not the case.First of all, young people come here for easy earnings and not understanding all the risks.

[Lanatsa]

I have been familiar with cryptocurrency for about 5-6 years and I myself can say why cryptocurrency attracts young people so much...because young people have seen enough of "bloggers-traders" who know how to embellish so that a naive student realizes that there is a lot of "easy money" in this topic, but this is most often not the case.First of all, young people come here for easy earnings and not understanding all the risks.

Honestly if we do try to compare the accessibility of informations that we had from the past compared into this present time then we can say that information could really be passed up too fast on which

people or youngsters nowadays could easily adapt and learn up on whats the new trend on which this talks about new payment system and on having that chance or probability on making out profits

once you do deal up on investment matter which I cant really blame that young people would really be getting interested with this one.

[Cryptmuster]

Honestly if we do try to compare the accessibility of informations that we had from the past compared into this present time then we can say that information could really be passed up too fast on which

people or youngsters nowadays could easily adapt and learn up on whats the new trend on which this talks about new payment system and on having that chance or probability on making out profits

once you do deal up on investment matter which I cant really blame that young people would really be getting interested with this one.

Young investors are more risky because they want to increase their capital as quickly as possible. Cryptocurrencies are now probably one of the best investments that can quickly rise in value and bring good profits. There is also a great risk, but without this, you will not be able to quickly increase your assets.