RATE Group | Leading Millennial Accepts Bitcoin and Cryptocurrency
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Leading Millennial Accepts Bitcoin and Cryptocurrency

Leading Millennial Accepts Bitcoin and Cryptocurrency

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In the classification of generations, millennial sits at the top. This is a category defined by the generation achieving adulthood in the 21st century. The generation is smart, savvy, and, more importantly, has all the information and gadgets at the disposal to work things out more effectively and efficiently. The influence of Information Technology (IT) is visible on each and every aspect of their lives, including the investment decisions they make, keeping in mind their future needs and requirements.

Bitcoin as Investment Option

Unlike the conventional practices of having a fixed deposit in a bank, recent research conducted by Charles Schwab Corporation on the investment and retirement plans throws some interesting details about the investment habits of a range of people, including millennials. The research concluded that young people belonging to the millennial generation are far more interested in investing in Bitcoin rather than buying the stocks of much-celebrated companies…

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