tldr; A survey by Charles Schwab reveals that millennials are prioritizing cryptocurrency investments as a significant $84 trillion wealth transfer from older to younger generations is anticipated over the next decade. 62% of millennials plan to invest in crypto, with Bitcoin expected to receive a substantial portion of the $20 trillion projected for crypto investments. Major firms like BlackRock and Fidelity are responding to this trend, highlighting the growing interest in crypto among younger investors.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
InclineDumbbellPress on
Im not trying to be that dude but this is according to a “new survey” – The title is a little misleading because only 2 200 people got surveyed… by an investment bankÂ
>The study examined the investment behaviour of 2,200 investors to better understand how they were approaching different kinds of exchange-traded products.
>When asked where they would invest their money next year, 62% of millennials surveyed said they would invest in cryptocurrencies. American stocks and fixed-income assets were second and third, respectively.
ChemicalAnybody6229 on
I am one of those Millennials.
shitcoins are not included though.
Luddites_Unite on
It only makes sense that younger investors will invest in emerging tech. 100 years ago could have had the same headline about newer investors investing in automotive companies.
Bear-Bull-Pig on
Bitcoin should be included in almost every investment portfolio.
NachosforDachos on
Just give me a day on Solana. I won’t get rugged this time like the previous 13 times. This time it will be different
MichaelAischmann on
More & more millennials come of the age to manage their own finances. Bullish.
IndustrialPuppetTwo on
Millennials also bet on every pitch in a baseball game and every pass in a football game too. IOW they are going to get wrecked.
TheSergeantWinter on
Hahahha that thumbnail combined with that headline is just perfect.
“Millenials pick crypto over other assets”
Proceeds to show drugged up festival goers.
It just insinuates that theyre not in the right state of mind when making these decisions. Could’ve chosen better stock photos for your articles.
kirtash93 on
Its one of the ways to be able to afford a flat. Risky but a good way.
mpanning on
can I receive some of that wealth? dad needs a mountain house
Longjumping_Method51 on
It’s not surprising as younger people are more knowledgeable about anything techy/online like crypto
partymsl on
Thats millennials, now imagine GenZ.
A lot of them are choosing Crypto over stocks.
zloiadun on
Millennials are still young, according to this photo
Beatless7 on
It shows their desperation to get their heads above water.
15 Comments
tldr; A survey by Charles Schwab reveals that millennials are prioritizing cryptocurrency investments as a significant $84 trillion wealth transfer from older to younger generations is anticipated over the next decade. 62% of millennials plan to invest in crypto, with Bitcoin expected to receive a substantial portion of the $20 trillion projected for crypto investments. Major firms like BlackRock and Fidelity are responding to this trend, highlighting the growing interest in crypto among younger investors.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Im not trying to be that dude but this is according to a “new survey” – The title is a little misleading because only 2 200 people got surveyed… by an investment bankÂ
>The study examined the investment behaviour of 2,200 investors to better understand how they were approaching different kinds of exchange-traded products.
>When asked where they would invest their money next year, 62% of millennials surveyed said they would invest in cryptocurrencies. American stocks and fixed-income assets were second and third, respectively.
I am one of those Millennials.
shitcoins are not included though.
It only makes sense that younger investors will invest in emerging tech. 100 years ago could have had the same headline about newer investors investing in automotive companies.
Bitcoin should be included in almost every investment portfolio.
Just give me a day on Solana. I won’t get rugged this time like the previous 13 times. This time it will be different
More & more millennials come of the age to manage their own finances. Bullish.
Millennials also bet on every pitch in a baseball game and every pass in a football game too. IOW they are going to get wrecked.
Hahahha that thumbnail combined with that headline is just perfect.
“Millenials pick crypto over other assets”
Proceeds to show drugged up festival goers.
It just insinuates that theyre not in the right state of mind when making these decisions. Could’ve chosen better stock photos for your articles.
Its one of the ways to be able to afford a flat. Risky but a good way.
can I receive some of that wealth? dad needs a mountain house
It’s not surprising as younger people are more knowledgeable about anything techy/online like crypto
Thats millennials, now imagine GenZ.
A lot of them are choosing Crypto over stocks.
Millennials are still young, according to this photo
It shows their desperation to get their heads above water.