Why Are Young People Investing in Cryptocurrency?

[Mark Mason]

Why Are Young People Investing in Cryptocurrency?

It’s no secret that young people are heavily invested in cryptocurrency. This isn’t just in regards to financial investment, but in regards to their knowledge of the technology, and their willingness to accept a new mechanism for transactions. According to a study conducted by LendEDU, people under 35 years old are far more likely to be currently invested, or planning to invest in cryptocurrency, than older age groups.

Why are young people investing in cryptocurrency more heavily than older generations? Are they, as many cryptocurrency skeptics claim, too ignorant to realize this is a bubble? Or are they wiser than the older generations when it comes to technological innovation, just as the internet revolutionaries were to the generations ahead of them? Or, do they simply have a different set of investment considerations and criteria?

Read more: https://www.dashforcenews.com/young-people-investing-cryptocurrency/

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[demo]

Because the old generation owns 90% of the fiat money, and the young people dont want to become the slaves of the greedy old generations and always work for them.

Thats why the young people are trying to create their own money. So they created/ invented cryptocurrencies and they invest in them , in order to destroy the social convention of the bloody fiat money which belongs to the greedy old generation. Of course the young people dont care at all about the generations not born yet, so their currency is also designed to enslave the unborn. This happening to almost all current cryptocurrencies, this is happening also over here, in the infamous dash cryptocurrency.

Young people dont like to be enslaved by the old greedy generation, but they have no problem to enslave the unborn. No wonder why the below thread, is one of the few threads that it is locked in this forum:
https://www.dash.org/forum/threads/...ept-the-old-guard-confiscate-all-coins.10547/

 

[btcminer]

Young people especially saw that with cryptocurrency they didn’t have to work late at night and struggle. It quickly became apparent that if they put all the money they had into crypto, they could quickly earn a few years’ salary. As a result, as of January 14, 2018, Korea’s crypto transactions were valued at 29.8 percent of the global trading market and $32.6 million in average daily transactions. The share of people participating in their 20s and 30s was 56.7 percent.
In addition, while the share of Bitcoin in the world market was 70 percent, the amount of Bitcoin transactions in the Korean market was 32.7 percent and the rest were alt coins. That is because the lower priced alt coins were more likely to make a higher profit than the higher priced Bitcoin. So the younger generation took a high risk with the intention of earning a large amount of money in a short time.
There are several reasons for the price increase and reduction, of course, but it is generally thought that the Korean government’s strong stance played a major role in this event. The Justice Minister’s remarks were made in part as a reaction to the Korean market’s hot, and largely uninformed, craze for crypto. All the young people, and the elderly also, didn’t really know what cryptocurrency was.