Gen Z is playing the economy like a casino

[Callido]

Internet allows them to earn money easier than previous generation. While previous generation had to work hard to achieve, be explorers in technology progress. Gen Z often have backup plan as parents, earn by pressing keys, have full internet of guides. Internet taught them that they can safe and load, edit, refresh their lives. With such approach, they allow themselves to gamble and risk with life and future more.

Everything is about the era, it looks old fashioned to those who are older, but for the Gen Z, it is very normal with the things they are doing.  Honestly, it is working for most Gen Z, the internet has brought many advantages, and in this space, it is mostly occupied by the Gen Z, why others still believe in something physical.

I observed that despite the Gen Z era, there are traits of behavioral changes, those who are upto some level now see the changes, this particular set of Gen Z, now changing patterns, what is made from the internet should serve as a backup.

[AmoreJaz]

There are two dimensions to my age when making decisions and they are generally influenced by the fear of losing more money because we now have children and wives. Gen Z might take a risky approach to cryptocurrency, hoping the coin will skyrocket and bring them quick wealth. Honestly, I don't agree with this pattern because hoping for quick wealth can sometimes cause problems later on as not everyone has the same opportunities, especially when involved in meme coins.

At my age I think more practically and don't want to take big risks regarding wealth. I believe it's better to go slow as long as it's well-planned. Bitcoin can provide certainty and I think it's much better to focus on fundamental assets like this than taking a meme coin approach or something like that and I think this is better at this age.

They should still be conservative on how they manage their money because there's no assurance in any market. With all the years that I've been here in crypto market, I can say, I already know the drill so I am not that like of Gen Z - if you are talking about the impulse on how they invest in a high risk assets like crypto. I always see to it I consider several factors and have contingencies so I won't be trap in a tight spot when it comes to money matters.
I can say, I am more practical on looking at things now. If I feel I can't gain something from it, I won't dedicate my resources or time and move on to the next profitable thing.

[Oasisman]

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

Obviously I'm not thinking like how you described these Gen Zs, but I'm not stuck in traditional ways either. I adapt to the changes, but I ain't taking too much risks by dealing with unstable and uncertain income.
However, not all Gen Zs are thinking and behaving the way you described them, I know a lot who have been building their future as soon as they joined the workforce. I've seen several who started investing to real estate, crypto, and stocks, and yeah they're not too common in the social media that's why you probably didn't see them.
In fact, I've seen millennials who's been looking for a big break as well, by following the same risks similar to playing in a casino hoping to hit the big jackpot. The only difference between them is that, millennials may have already established their financial position before taking the risks, while most Gen Zs just entered the rat race.

[Jateng]

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

I don't expect an average youth by this time not to be fully engage in the use of social media for anything, this is not a time to be using our mobile device and internet access watching facebook when some other ones are cashing out from their use of the social media platforms, because we are now in the digital era whereby there are countless of opportunities that may come for us as a result of doing all these.

Today young generation pays more attention to casinos because they try to earn money without hard work and patience which is why they are spending more time on platforms like crypto.I f you look at it this is not wise.More reliable work requires hard work and investment. Social media and investment have their own benefits. The young generation gets a lot of technology information from social media.Spending too much time on it makes the young generation lose the ability to work hard and be patient. Now more and more young generation is looking for opportunities to work online.

[Synchronice]

Gen Z is playing the economy like a casino

Gen Z are those who were born between 1997 and 2012. Most of them are already old enough to start entering the workforce with most of the older ones already have been in the workforce for quite some time. This article pointed out how Gen Z seems to be hoping these days for that one big break instead of working hard for years and eventually reaching the top. What are those big breaks? Basically getting viral once or hitting the lottery. Many Gen Z see being an influencer as a more lucrative profession than any other profession one might get from a degree.

Basically saying that Gen Z seems to lean more towards taking risks. This might also be observed with how many Gen Z are into cryptocurrency and hoping to hit that one coin that will soar. This generation is the one who experienced a pandemic. The generation where houses are almost impossible to buy. But the generation with probably the most resources available.

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

Many might say that Gen Z is the luckiest generation compared to old ones but that's not really true. Gen Z can't land a good job because elder people have deep roots and don't want to give Gen Z a chance. Also, every job wants someone with years of experience and it's hard to impossible to gain an experience without giving someone a chance. Those who get chances usually are exceptionally good, one in a million or have great connections and/or are from wealthy families.
Also, Gen Z can't buy a house and have to pay half of their salaries in rent. Then you also want to have some fun, buy clothes here and there and that's the life of Gen Z in general. Sadly, the only way to succeed in life is to somehow hit the jackpot, by winning it or going viral because today being famous pays enormously well but hard work keeps you poor while in the past, hard work was paying well.

[Hamza2424]

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

They are like this for a reason, One their parents worked so hard and are stable that their kids are lean toward taking risk. Second their parents did not worked hard enough and now besides taking risk their kids have no other option. Tricky world.

But making money online is popular, everyone is a content creator, and making money from internet and they are not like millennials who do the same job for 30 years and call themselves successful. I also not like this. I want to take risk.

And young should take more risk because there is a whole life ahead of them, so taking risk now won't hurt them as bad as it can when they will be old.

[taufik123]

-snip-
But making money online is popular, everyone is a content creator, and making money from internet and they are not like millennials who do the same job for 30 years and call themselves successful. I also not like this. I want to take risk.

And young should take more risk because there is a whole life ahead of them, so taking risk now won't hurt them as bad as it can when they will be old.

We've entered a real change of times, a shift to a broader digital world where people, especially Gen Z,
make money more easily and without the need for too much hard work.

Yes, by creating unique and interesting online content, the more people who watch, the more money they make.
It's about smart work and making more money.

Treating the economy like a casino may be just a few people who are almost visible,
because the current economic situation is not good, not because of the people but because of the government in power.

Now there is more risk to lose money, more vigilance and always see how the world works,
the economy will certainly improve but it will certainly not be easy, gen z and Millennials need more opportunities.

[blockman]

They're all having the best thing in their lives, they all talk about what they deserve and that's from the stress that they're getting while they're young. And that's due to the influence of social media to their lives because they think that life should circulate from it and they don't have to live outside of it. I feel pity to those that can't do it because they don't have guidance or they don't take heed and guidance from the people that cares from them. The YOLO thing in their minds is what they're applying which is a wrong mindset that affects them mentally, physically and financially.

[Rain1620]

On a right perspective it is likely to be rational adaptation because following the traditional patterns “working hard for soo long to gain stability and the next thing is retirement feels like a dream cut short. Because the cost of survival in this era is outrageous and the slow and steady track may result in a lifetime rent.

Currently the use of degree alone “9-5” can not fund the middle class lifestyle but content creation and crypto investment seem more logical so if one is to be broke anyways why not take the risk and hit the big break because one wise investment or trending video may scale high and change the narrative.

Most Gen Z are not lazy they just utilize opportunities and save time. They have seen how older people ended and most is not worth the hard work so somehow it’s better to take the risk, go for greener pastures and save time.
While some ain’t lazy, the lazy ones make desperate decisions which could create wealth or even kill wealth.
But the idea is Gen Z don’t have eternity to create wealth.

[Alpen]

Gen Z treats investing like a casino because they’re the first generation in history to reverse the Flynn Effect. Historically, IQ rose by 3 points every decade, but with Gen Z, we see a decline: lower retention, slower reading speeds, and less depth. They don't understand crypto or AI; they just fall for the hype because of cognitive limitations.

Paradoxically, this works as a self-fulfilling prophecy. Remember WallStreetBets? They pile into useless tokens or stocks, and the sheer crowd volume drives the price up. Meme coins are a direct byproduct of this mindset.

Personally, I’ve sold off most of my altcoins because the market no longer values blockchain tech—it’s all BTC and ETH now. For alts, I only touch large caps with high staking yields to offset the volatility. For example, I’ve got TRX staked at 20% on Cryptomus, and I’m hitting 300% APY on CC tokens in MEXC pools.

[7juju]

Gen Z is playing the economy like a casino

Gen Z are those who were born between 1997 and 2012. Most of them are already old enough to start entering the workforce with most of the older ones already have been in the workforce for quite some time. This article pointed out how Gen Z seems to be hoping these days for that one big break instead of working hard for years and eventually reaching the top. What are those big breaks? Basically getting viral once or hitting the lottery. Many Gen Z see being an influencer as a more lucrative profession than any other profession one might get from a degree.

Every generation have one thing or more that always distinguish them from the previous generations. Believe me if the older generations had the privileges that these people you are referring to as Gen Z had, most of them wouldn't have opted for that hard working you are referring to which I believe is 9 to 5 pm jobs, and earning less. Things are changing rapidly and the cost of living are ever going up. So people of this generation are looking something way bigger to meet up with the demands, and I don't think there's something wrong with that, as far as they are not committing crimes to getting that big break they are aiming for.

[Y3shot]

Gen Z treats investing like a casino because they’re the first generation in history to reverse the Flynn Effect. Historically, IQ rose by 3 points every decade, but with Gen Z, we see a decline: lower retention, slower reading speeds, and less depth. They don't understand crypto or AI; they just fall for the hype because of cognitive limitations.

I dont really blame the gen z on how they take things because in this time things have really changed unlike in the old days. The reason why gen z are living in their own way is that they rely on technology, they hsve so many innovative which is an advantage to them.

Before now during the old days people rely on getting a degree and get a job but in this time it is no longer that way. The Genz feels they can always scare through in their own way.

[Fortify]

Gen Z is playing the economy like a casino

Gen Z are those who were born between 1997 and 2012. Most of them are already old enough to start entering the workforce with most of the older ones already have been in the workforce for quite some time. This article pointed out how Gen Z seems to be hoping these days for that one big break instead of working hard for years and eventually reaching the top. What are those big breaks? Basically getting viral once or hitting the lottery. Many Gen Z see being an influencer as a more lucrative profession than any other profession one might get from a degree.

Basically saying that Gen Z seems to lean more towards taking risks. This might also be observed with how many Gen Z are into cryptocurrency and hoping to hit that one coin that will soar. This generation is the one who experienced a pandemic. The generation where houses are almost impossible to buy. But the generation with probably the most resources available.

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

Everyone takes more risks when they are younger and that's perfectly ok, you have more time to recover if things go wrong. You can buy into the next fad or stock as there is always something likely to be building up, just like Bitcoin or Intel or Tesla stock or any of the other countless things which have gone vertical - making a earlier investors 100x+ their invested money. This is nothing new but there are new opportunities for each generation, some people will get lucky and others will get in through research. The more the world changes the more it stays the same. It definitely is harder than ever to make money from normal jobs though, as the unemployment rate is rising in that age category in many countries.

[khiholangkang]

Gen Z is playing the economy like a casino

Gen Z are those who were born between 1997 and 2012. Most of them are already old enough to start entering the workforce with most of the older ones already have been in the workforce for quite some time. This article pointed out how Gen Z seems to be hoping these days for that one big break instead of working hard for years and eventually reaching the top. What are those big breaks? Basically getting viral once or hitting the lottery. Many Gen Z see being an influencer as a more lucrative profession than any other profession one might get from a degree.

Basically saying that Gen Z seems to lean more towards taking risks. This might also be observed with how many Gen Z are into cryptocurrency and hoping to hit that one coin that will soar. This generation is the one who experienced a pandemic. The generation where houses are almost impossible to buy. But the generation with probably the most resources available.

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

Yes, it seems that most of this generation are the biggest risk takers in trying what their future will be like, and this is also not without reason in their time the internet was more known since childhood and they were connected to open sources of information, their days were filled with social media and financial news, on the other hand they also received pressure from high inflation and rising costs of living from very expensive properties so that in quick ways they tried the probability for that, I see this among generation z is indeed not an easy generation because everything talks about competition with technology besides being able to utilize it, and crypto is included in it.

[Cookdata]

Basically saying that Gen Z seems to lean more towards taking risks. This might also be observed with how many Gen Z are into cryptocurrency and hoping to hit that one coin that will soar. This generation is the one who experienced a pandemic. The generation where houses are almost impossible to buy. But the generation with probably the most resources available.

Are you thinking like Gen Z or you’re still stuck on your old traditional ways?

The way Gen z are opportune are one of the best generation that are surrounded by opportunities but I feel the same generation are the most laziest set of people. If only some of our parents had the opportunity some of us are havubg today, that life many us of complained that they couldn't give us, we would have them at platter of Gold. The way some of them are glued to government jobs working for 30 years and couldn't get a roof of their own narrative would have change.

The idea was to buy Bitcoin and hodl isn't it but look at cryptocurrency market, more than 70% of investors preferred Altcoins and the rest of the investots love meme coins. The number of people that still endorsed Bitcoin as an investment are the smallest group and guess what? They are the richest people in this ecosystem. All this Altcoins are divided across the team, half of the supply belongs to the team while investors hold small percent of the circulating supply.

[MarcieLee]

Basically saying that Gen Z seems to lean more towards taking risks. This might also be observed with how many Gen Z are into cryptocurrency and hoping to hit that one coin that will soar. This generation is the one who experienced a pandemic. The generation where houses are almost impossible to buy. But the generation with probably the most resources available.

I like that you pointed out that Gen z has probably the most resources available to them. With the Internet readily available to anyone and anywhere, its very easy for people, especially Gen z who grew up during the rise of the internet, they can easily capitalize on this.

Everyone knows how beneficial the internet is, which gives the people close to unlimited access to information. Thus, young people today are well-informed on ways on generating income and wealth compared to the older generations. Coupled with some peer influence from the people they meet on tiktok, instagram, or any of those social media platforms, they are much more likely to follow the crowd's advice into making decisions...

And the majority of the crowd are influenced by these streaming medias, and the younger generation gets to witness the abundance of wealth in the world, and how these streamers get to access them at such a young age, so its pretty easy to understand why they tend to lean on on those career aspects compared to a orthodox path of going to school and have a career route or maybe corporate job..

Also, risk taking is somewhat correlated to age. So if someone is probably younger, they tend to be more of a risk-taker since they have yet to experience big losses or have even nothing to lose. Compared to old folks, they dont have a family to raise, and they still have more years in them. And I think that is the good thing of this generation. They have potential to be the next leaders of the next generation, and will probably outshine the older generation in a much greater light considering the advantages they have currently.

[junder]

From most cases in my environment, and from what I have seen and learned, there are quite a few people who are motivated to succeed, and the way they choose to do so is by going into business. However, most of them fail or give up halfway through, and I conclude that this is due to a lack of preparation. They tend to start a business because they only see the positive side of it, while they don't really think about the risks involved.

[Mate2237]

From most cases in my environment, and from what I have seen and learned, there are quite a few people who are motivated to succeed, and the way they choose to do so is by going into business. However, most of them fail or give up halfway through, and I conclude that this is due to a lack of preparation. They tend to start a business because they only see the positive side of it, while they don't really think about the risks involved.

You are right these days people tends to do business or anything that, seems to be moving forward and is making the headlines and these so called Gen Z generation likes to copy. So there is are probability of some young people going into business that they are not prepared for or has no sufficient information to keep the business running after setting it up. The problem of this Gen Z is that they have no patience nowadays to sit down and learn things as it use to be. These days alot of wants to make it young people are in a hurry to make it without knowing that success that you see is as a result of hardwork.


What is needed to changing this type of mentality and trend is for parents to teach their children what life is all about, at a tender age while growing up because with the way this current society is going in the next twenty to thirty years to come there will be a serious problem.

[dansus021]

Im basically the early Gen-Z and my investment risk profile is Agressive hahaha.
Gen Z is playing the economy like a casino not all but most people that I know is YES they had feeling like YOLO and you must try atleast one on the entire life. "a life that is not risked will not be won"

I had a brother also early gen z his portfolio right now is minus 10K and he like fine hahah, well is bad if we dont have self control

[Emitdama]

The way Gen z are opportune are one of the best generation that are surrounded by opportunities but I feel the same generation are the most laziest set of people. If only some of our parents had the opportunity some of us are havubg today, that life many us of complained that they couldn't give us, we would have them at platter of Gold. The way some of them are glued to government jobs working for 30 years and couldn't get a roof of their own narrative would have change.

The idea was to buy Bitcoin and hodl isn't it but look at cryptocurrency market, more than 70% of investors preferred Altcoins and the rest of the investots love meme coins. The number of people that still endorsed Bitcoin as an investment are the smallest group and guess what? They are the richest people in this ecosystem. All this Altcoins are divided across the team, half of the supply belongs to the team while investors hold small percent of the circulating supply.

This is such a typical old person way of seeing the new generation, I am so bored of this. I get that it has been the same for thousands of years, we have literal tablets of people saying EXACTLY THE SAME THING that you said, think about it, THOUSANDS of years ago people wrote down saying they thought the new generation is lazy, and now you are saying the same thing. Humanity has evolved right?

When we say tablets a thousand years ago, people were using stones and nails to write down stuff, and now when we say tablets it's a gadget that connects you to space. Which means, you are wrong, humanity evolves, and each new generation takes it up a notch.