Age of bitcoiners

[I_Am_Chamara]

A forum poll might not be accurate enough to reveal the reality, because many people don't answer them and a higher percentage of crypto adopters should participate in order to collect enough data to reach a conclusion.
Despite this, it's well known most crypto enthusiasts are from millennials' generation (1981 – 1996 birth date). Youngest generation isn't too interested in investing money, it seems. At least for now.

https://images.squarespace-cdn.com/content/v1/5b79011d266c077298791201/24beac17-dcb9-49b6-8a54-792eecdf9376/Ownership+of+Cryptocurrency+by+Age+and+Gender+January+2022+DataReportal?format=1500w

DIGITAL 2022: BIG RISE IN CRYPTOCURRENCY OWNERSHIP

wow, is this true? most young age now own btc 

[Biscutard]

A forum poll might not be accurate enough to reveal the reality, because many people don't answer them and a higher percentage of crypto adopters should participate in order to collect enough data to reach a conclusion.
Despite this, it's well known most crypto enthusiasts are from millennials' generation (1981 – 1996 birth date). Youngest generation isn't too interested in investing money, it seems. At least for now.



DIGITAL 2022: BIG RISE IN CRYPTOCURRENCY OWNERSHIP

wow, is this true? most young age now own btc 

Anyone can access and invest to crypto world, it only depends of your interest and how will you manage your funds. There's always time for anyone and even though they'll discover it very late, as long as it will give you satisfaction and guarantee, you will always have the great side of it. Crypto is always open for any ages because how will you see digitial world will depend on yout strategy.

[poldanmig]

It's understandable that most people at the age of 30 will have to find another income generating gigs or investments. Because this is where you get to have a family and will realize you're not just working to earn for yourself but for your family.  So, yeah I am speaking base on my experience. Saving money from banks may not be enough. It's always better to have an invest/asset which would potentially double or triple your savings.

Age 30 is a productive age for us to accumulate as much savings as possible and also wealth in life, because with sufficient savings we can enjoy life easily when we are old or cant work again and I think it's not only for those who are already married, whoever we are should think about the future from an early age and at least between the ages of 30-50 we should already have savings in the form of money or investment.

[dragonvslinux]

Thanks for the poll OP! Was expecting more investors to be between 20-30 as has been the case in previous years, or the previous bull/bear market. It's interesting to see from this poll that there are more users between 30-40 these days, even if it's just Bitcoin holders getting older! I think this also shows how Bitcoin itself is maturing, if the age of investors/traders is increasing, it's heading in the right direction.

Interesting to see so few users are under 22, personally I would of expected a lot more.

Yep and I think majority or at least those who have at least join in 2017 would be between 30-40 years old by now. And we could say that it is maturing, but nevertheless it will be a cycle. As we graduated and see our first full cycle (bear/bull), we will see a new batch coming along in 2020-2021 and it goes on and goes. And maybe for those younger generations, perhaps it is by chance that they have discovered bitcoin during the pandemic or those age bracket have different mindset, to look for investment and grow their money at a young age.

Lol I include myself, although I'm not in my 30s I'm very close to that age, but I think that all of this those who are between 30 and 40 are the ones who have lived the longest eras of bitcoin, because taking an average, the majority who knew Bitcoin they did from 2014 onwards, and I would have liked to know bitcoin in 2009, but in the place where it was there was almost no internet and there was almost no interest in the forums, everything was more focused on MSN, and it was very difficult to find things like bitcoin over there.

Actually, I think general data as well as feedback shows that most Bitcoin investors are from the past 1-2 years. So really, it's not investors from 2014 getting older, but more so investors maturing. Which in turn shows that Bitcoin is maturing if the age of investors are, or at least in my mind. No longer is it a fringe currency that only attracts youthful gamblers, but a speculative investment for middle aged folk.

[skarais]

When satoshi released bitcoin in 2009, I thought I was too young to understand bitcoin and all about it and maybe I wasn't ready for it. At that time I didn't think about having an investment because I was still focused on education but after 5-6 years I felt ready and since then I really think bitcoin has opened up many opportunities to get more profit from investing and trading it.

Age probably won't be a debate about whether someone wants to get to know bitcoin, and gender won't be a barrier either. Bitcoin is for all age groups, economic status, education and culture.

[GeorgeJohn]

A forum poll might not be accurate enough to reveal the reality, because many people don't answer them and a higher percentage of crypto adopters should participate in order to collect enough data to reach a conclusion.
Despite this, it's well known most crypto enthusiasts are from millennials' generation (1981 – 1996 birth date). Youngest generation isn't too interested in investing money, it seems. At least for now.



DIGITAL 2022: BIG RISE IN CRYPTOCURRENCY OWNERSHIP

wow, is this true? most young age now own btc 

Anyone can access and invest to crypto world, it only depends of your interest and how will you manage your funds. There's always time for anyone and even though they'll discover it very late, as long as it will give you satisfaction and guarantee, you will always have the great side of it. Crypto is always open for any ages because how will you see digitial world will depend on yout strategy.

I always emphasis on this particular point. So that someone who is interested into cryptocurrency will not be backslide via cryptocurrency investment. I believe from my reasoning that no time someone know or adventure into cryptocurrency that is wrong time of coming to cryptocurrency. What i believe is someone who wants to venture into cryptocurrency should know the rudiments of cryptocurrency at first. Because understanding the basic strategies of cryptocurrency investment, you won't find it difficult to understand the remaining important part of it.

[hZti]

Age probably won't be a debate about whether someone wants to get to know bitcoin, and gender won't be a barrier either. Bitcoin is for all age groups, economic status, education and culture.

I think as bitcoin matures more and more this is true. There are more and more user friendly solutions, but that was not true when bitcoin came out. There was for example no simple seed phrase that you could write down to back up your wallet which I’m very shure made many people loose bitcoins. All this stuff was very complicated for somebody maybe under 18 years. So as there is more development like phone wallets etc. I think we will see also more young people, even if so far the poll doesn’t reflect it.

[Jancuki]

Age probably won't be a debate about whether someone wants to get to know bitcoin, and gender won't be a barrier either. Bitcoin is for all age groups, economic status, education and culture.

Actually this can be the basis when people get to know bitcoin, and that person starts to invest either by mining or by buying it, then he can take action to be ready to participate in the future of bitcoin, of course it is more advisable to know more about the risks and benefits beforehand.

[inthelongrun]

Wow! Time flies so fast. It's unbelievable. I'm getting out of topic a little. It's just that I randomly found this topic while listening to Alphaville's song Forever Young. I nearly voted for the younger age bracket and then I realized that I'm getting older. I'm not going to mention my age though as I made a lot of friends here and most of them although already inactive only know my forum name, the rest remains a mystery.

[Iranus]

It's understandable that most people at the age of 30 will have to find another income generating gigs or investments. Because this is where you get to have a family and will realize you're not just working to earn for yourself but for your family.  So, yeah I am speaking base on my experience. Saving money from banks may not be enough. It's always better to have an invest/asset which would potentially double or triple your savings.

I also have to agree with you that even if someone has bank savings and an income from their job, this is still not enough for someone who is married and has children. Especially, you will realize when you become a father that we work hard not just for ourselves but for the future of our children as well.

Married people tend to have to generate a lot of money from a variety of sources, so it is not surprising that they look to financial investment channels such as forex, stocks and cryptocurrencies.

[Sebas.tian]

It's understandable that most people at the age of 30 will have to find another income generating gigs or investments. Because this is where you get to have a family and will realize you're not just working to earn for yourself but for your family.  So, yeah I am speaking base on my experience. Saving money from banks may not be enough. It's always better to have an invest/asset which would potentially double or triple your savings.

I agree with you, because many people at this stage has a good experience to make a good choice to any particular project that will bring in a good profit at the end of the year. Any body above this 30 age has a responsibility he or she is handling in the community to ensure there is no failure that will make people to look at them that they don't have a bright future. Now that the price of Bitcoin has decreased to $23,000 in the market, which is the best time for those that understood how mature people make a good profits from the market not to joke with this bearish season to buy more of bitcoins and hold for the price to increase higher before they can earn well from their investment.

[skarais]

I think as bitcoin matures more and more this is true. There are more and more user friendly solutions, but that was not true when bitcoin came out. There was for example no simple seed phrase that you could write down to back up your wallet which I’m very shure made many people loose bitcoins. All this stuff was very complicated for somebody maybe under 18 years. So as there is more development like phone wallets etc. I think we will see also more young people, even if so far the poll doesn’t reflect it.

I know some of the traders on social media, and I believe they are no more than 35 years old. Their age range is still very productive and so far I have very rarely found anyone under 18 involved in bitcoin. Young people are starting to be interested in investing, this is the development of a good mindset when they face an unfavorable economic situation. So of course we expect more of their participation because with that this foundation will be even stronger.

~~~
of course it is more advisable to know more about the risks and benefits beforehand.

I'm sure they will learn, but it may take some time to really understand it. Risk management is important, so every investor or trader should understand it.

[GeorgeJohn]

Anyone can access and invest to crypto world, it only depends of your interest and how will you manage your funds. There's always time for anyone and even though they'll discover it very late, as long as it will give you satisfaction and guarantee, you will always have the great side of it. Crypto is always open for any ages because how will you see digitial world will depend on yout strategy.

Cryptocurrency is a business of choice and mind. In actual sense this cryptocurrency stuff don't have anything to do with age. Anyone who want to buy cryptocurrency should you buy it because it does not have an age bracket for investment of cryptocurrency so they are for I support every individual in any time they want to buy Bitcoin for long investment or short investment it depends on the interest as you said above or the person depending on what they want to use it to generate.

[dezoel]

The results are turned out to be exactly like how I imagined. If you are "too" young then you are not going to get a good result, because in the end we are talking about people who do not have enough money, if you are "too" old, not in a life span way but more like tech levels, because 55 may not be too old because you may still live another 40 years if you are healthy, but you would be already too late to most new technologies.

But, somewhere in between of 25 to 35 is the peak of both being involved in tech very much, but also making enough money to invest as well. That's where the majority seems and I believe that it will stay that way for a while longer as well even though we would grow old, because new ones will take over.

[tomos81]

The very young people in this forum are not very dangerous because the newbies are not that experienced about Bitcoin even though the modern age little currency is quite familiar. But it is best if you are between 30 to 35 years of age You are very experienced about Bitcoin.
Currently the younger generation people are 30 to 35 years old Related to advanced technology. The people of the present age are quite skilled as the current crypto currency is widely used by the younger generation.

[milewilda]

The very young people in this forum are not very dangerous because the newbies are not that experienced about Bitcoin even though the modern age little currency is quite familiar. But it is best if you are between 30 to 35 years of age You are very experienced about Bitcoin.
Currently the younger generation people are 30 to 35 years old Related to advanced technology. The people of the present age are quite skilled as the current crypto currency is widely used by the younger generation.

You cant say so because even if you are 30-35 years old wont really be automatically considered to be experienced since we know that there are people on this age arent aware on bitcoins existence or
shall we say crypto as a whole and if we do compare to those 20 below or something like that but fully aware on whats happening in this market then there's really a significant difference in between two
which it does really vary on someones experience and knowledge because not all would really be that knowledgeable  and you do really need information at least
for you to be aware.

[ninis45]

I may be an old person who joined here at the age of 45 years and maybe one of the women who had time to taste a job as a bounty hunter in the midst of being busy being a housewife and those who are young, many don't join this forum maybe they prefer to jump directly into the crypto world on the grounds that it is faster to make money and scientifically they can easily learn it from various sources because of the large amount of time and less busyness and in addition their brain power is more energetic

[Yawa2020]

Married people tend to have to generate a lot of money from a variety of sources, so it is not surprising that they look to financial investment channels such as forex, stocks and cryptocurrencies.

It's not even necessary you get married first before you find various alternatives to generate resources. But I will disagree to agree with you on the part of crypto currency as a financial investment. Physical and tangibles assets are more reliable than virtual assets when it comes to investments. The volatility of crypto is too high which make it investment too risky.

[hZti]

Physical and tangibles assets are more reliable than virtual assets when it comes to investments. The volatility of crypto is too high which make it investment too risky.

The volatility may seem high when you start to invest in bitcoin, but after a few years you will be so much in the profit area that you will see that the volatility is not an issue anymore. Still I would imagine that young people are more willing to take the higher risk of crypto since they can take a loss more easily, because they don't have to feed a family. In reality this poll shows, that there are more or less no people under 20 in the crypto space. This surprises me a lot actually.

[bakasabo]

In reality this poll shows, that there are more or less no people under 20 in the crypto space. This surprises me a lot actually.

The lack of younger generation does not surprise me. Only few from a hundred (just a random example) think about the next day. Only few realize that they should start building their future today or even should have started yesterday, but not after they graduate from college. Somehow I am sure that current teenager, instead of investing money, would spend most of them in one day. In fact, a pack of chips, a can of coke or candies today are more valuable then, lets say, having own car in 5 years.

I've noticed that parents care to much about their children. A lot of kids at the age of 20+ still live with parents, while a tens years ago, a lot preferred to leave the house when they hit 18 and start their own life. When you get a lot for nothing, by bother about investment, earning, developing.

Besides, it is summer now. If you would have created this poll in winter, I think results would be a bit different.