published by Jessy on December 23, 2021 at 9:02 am
When you are away from technology and digital, there are terms that are difficult to understand. Today we are talking about cryptocurrencies. While baby boomers are against it, millionaire millennials say they are in favor of cryptocurrencies. According to CNBC, 83% of them own crypto.
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Cryptocurrency: Do Millennials Love It?
On December 16, 2021, a new report released by CNBC caused astonishment. According to the outlet, many millennial millionaires own cryptocurrencies. And for good reason, it’s something that reclaims and strengthens your heritage. According to the study, 83% of millennial millionaires also want to add “more cryptocurrency to their holdings,” Beincrypto.com reported.
The study looked at cryptocurrencies according to age groups, and especially people who invest funds in excess of $ 1 million. In particular, the study reveals that millennials are more adept at cryptocurrencies.
Baby boomers are said to only have 4% to turn to cryptocurrencies. 75% of Gen Xers do not own cryptocurrencies. Figures that reveal the intentions of millennials in terms of crypto.
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Can cryptocurrencies make you rich?
According to the study, respondents believed their fortunes had increased thanks to cryptocurrencies. Earlier this year, CNBC had already released a report. It reported that 47% of Millennial Millionaires obtained 25% of their wealth through cryptocurrency. Some have increased their wealth through cryptocurrency investments, such as the beincrypto.com report.
Baby boomers, on the other hand, believe that digital currencies are unnecessary. Hence, they are further away from cryptocurrencies. However, millennials seem to be interested in another digital currency: Bitcoin. A term still unknown to many, but that little by little is taking its place in society. In 2022, many will invest in cryptocurrencies.
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