RATE Group | Millennials 3 Times More Likely to Invest in Crypto Than Gen X: Survey
55449
post-template-default,single,single-post,postid-55449,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Millennials 3 Times More Likely to Invest in Crypto Than Gen X: Survey

23 Jul Millennials 3 Times More Likely to Invest in Crypto Than Gen X: Survey

Posted at 19:56h in Cryptocurrency News by

[ad_1]

Cryptocurrencies are three times more popular among American millennials as a long-term investment as they are for Generation X.

Crypto is Americans’ 7th most popular long-term investment

According to the results of a nationwide Bankrate survey, published on July 17, 9% of millennials chose crypto as their top long-term investment option — roughly threefold the percentage among earlier generations. 

More broadly, the survey revealed that cryptocurrencies are the seventh most popular investment option among Americans — with 4% of respondents choosing them as their top choice for a minimum 10-year investment. This 4% figure was lower than the 5% of respondents who chose “None” in response to a list of assets they would choose to invest their cash in the long term.

The most popular asset class was real estate, at 31% — notwithstanding the 2008 real estate crash and expected slowdown this year.

Americans’ top asset choices for investing money they wouldn’t need for more than 10 years

Americans’ top asset choices for investing money they wouldn’t need for more…

[ad_2]

Source link

Tags:
, , , , , ,