46% of Millennials invest in cryptocurrencies, study finds

According to new research, around 46% of Millennials living in the world's most populous countries own some sort of cryptocurrency investment portfolio.

For information, the so-called “millennial generation” is formed by people who were born between 1980 and 1995, having been succeeded by generation Z.

see more

Desenrola Brasil: Debt renegotiation program covers Fies?…

Beneficiaries born in November and December can now withdraw the…

The survey, which was carried out between July 2022 and January of this year, heard about 255,000 people who live in 26 super populous countries, such as the United States, China, Japan, Germany, Indonesia and Nigeria. It is estimated that 10,000 people from each country were heard.

The entity responsible for carrying out the survey was the cryptocurrency broker Bitget, which also collected data related to generations X, Z and the so-called “baby boomers”.

The survey also points out that 25% of Generation X (born between 1965 and 1980) in the most populous countries invest in crypto assets. That number drops to 21% of Gen Z (born between 1995 and 2010) and just 8% of Baby Boomers (born between 1945 and 1964).

Bitget said the new survey is 95% confident, plus or minus one percentage point.

Other interesting facts about the adoption of cryptocurrencies for investment

Also according to the Bitget survey, the majority of Millennials, baby boomers and members of generations X and Z, considers the subject of “crypto regulation” when choosing politicians to vote.

Based on this data, the company issued a note to talk about the research. “At the beginning of the next decade, demographic processes could lead to a dramatic shift towards increased acceptance of cryptocurrencies, as a A larger proportion of younger generations continue to exhibit strong demand for crypto despite slowing population growth,” notes the bitget.

Another study on the acceptance of cryptocurrencies, this time carried out by the company Charles Schwab, pointed to another interesting fact. According to this survey, more and more members of the Millennials and Z generations are betting on cryptocurrencies to compose retirement funds.

The data collected suggest that, on average, 45% of people born between 1980 and 2010 already invest or are thinking of investing in these assets in order to retire in the future. The survey took into account people from all over the world.

Among the reasons why cryptocurrencies are being chosen for this important purpose, the search for greater profitability and projection of future growth stand out.

Graduated in History and Human Resources Technology. Passionate about writing, today he lives the dream of acting professionally as a Content Writer for the Web, writing articles in different niches and different formats.

Visual Challenge: Can you find the 5s among the Ss?

Visual Challenge: Can you find the 5s among the Ss?

Did you know that stimulating your mind through visual challenges and interactive games in genera...

read more

Psychology: check out 3 lessons you need to learn to succeed in life

Psychologists can have very different approaches, such as Cognitive Behavioral Therapy (CBT), psy...

read more

Find out who is your sign's biggest enemy in relationships

As much as it is strongly influenced by the sign, the personality of someone is considered unique...

read more