Millennials are sticking with cryptocurrency

Millennials have their own thoughts on investing, and a large part of the cohort are still interested in bitcoin.

These young people, many of whom have soured on conventional investing, are becoming increasingly interested in cryptocurrency, according to a new study.

About 25 percent of those recently surveyed said they are using or holding cryptocurrency, which was born about a decade ago. And another 30 percent of millennials said that they want to investigate it further.

“Anyone that has crypto tells me they wish they bought it sooner,” according to Deidre Campbell, Global Chair of Financial Services at Edelman and the author of the study.

It is ironic that many millennials love these alternative currencies, since it has been a lousy year for returns on them. After a fat 2017, bitcoin was recently down for the year about 55 percent. Other coins, like ether and litecoin, have dropped more, according to Markets Insider.

BitMex CEO Arthur Hayes recently said the…