Whether you accidentally came across this post or your curiosity about the Crypto market-led you here, it is good to have you know GenZ thought on crypto investment.
There is a probability you do not belong to the GenZ age and cannot stop wondering why the hype about digital assets and emphasis on buying Bitcoin. You are right. Cryptocurrencies’ popularity is booming than ever in this current age, but have you also thought about the returns made on this investment? Exactly why many GenZ cannot seem to get over cryptocurrency despite its high volatility.
Today, GenZ majorly occupies the world population. They belong to the early 20s and are internet gurus. GenZ is wealth-driven and prefers maximizing their educational background to gather income profit. Unlike the past generation, they buy Bitcoin rather than invest in the stock market to save for retirement.
Digital operations move this generation, and until their old age, they prefer to risk big. They invest income by swapping phones or simply pressing some device button. Fortunately, they can enjoy more technological flexibility in years to come, which would increase investment accessibility.
Market evolution is taking a new turn in the current generation. Crypto being part of the finance market has a role to play as well. As time elapses, Crypto incorporates more technology means in its operations. Wherein, Crypto advancement would only remain appealing to the generation Z age. The introduction of new crypto products is a strategy to keep getting them on board. They love new digital assets, and they would not mind exploring this privilege.
If you still view Crypto as regular technology innovation, it is high time you changed your perception. The market would wholly take in Crypto as an exchange medium in a few years to come. As long as you exist in the GenZ age, it is crucial to flow with current trends, especially finance and currency transactions.
More so, financial institutions are beginning to partner with the Crypto market, one of which is the London-based B2C2. Hence, this advancement could also cause a tremendous change in the traditional markets. Marketers would begin to see the digital influence on buying and selling and are prompted to get visibility online. Fortunately, both marketers and buyers belong to the GenZ age.
Many countries are experiencing low employment opportunities for teenagers, fiat currency long-term safety, recession, and long-lasting employments. Amidst this, teenagers’ quest for a lasting solution to wealth non-circulation and a means of securing it. It is one of the limitations of fiat currency. Indirectly, it creates space for more theft. Meanwhile, digital currencies back up assets online and protect them from fraudulent activities. When you buy Bitcoin, you are sure the currency blockchain validates transactions. GenZ is freedom seekers. The mindset drives them towards crypto investment since transactions are between two people without the involvement of a third party. More so, there is no government or institution policy to regulate money flow.
GenZ is risk-driven and social media-oriented. As long as the risk could yield an extra amount in the nearest future, they invest all they have. They do not believe in their parents’ and older siblings’ way of doing things. GenZ can go out of length to generate income than depend on government stipends. More so, they trust the digital lessons than the four walls of the classroom teachings.
Ideologically, many of us belong to this generation, not because we were birthed into it, but because we found ourselves in it. Since the older generation’s daily activities revolve around Generation Z, they began to adopt their ideas swiftly. Meanwhile, the millennial generation is the quickest to learn something new in GenZ since the results are only innovations of the millennial’s technology.
In time past, people believed the stock market was for old investors. As convincing as it may appear, the stock market was, and it is still open to all generations. So, why were not GenZ and millennials getting involved? The main reason was the high capitalization bonds, treasure bills, and much other stock market requires. Although Bitcoin has the highest transaction rate, Crypto has many currencies that create room for different individuals. Such varieties permit GenZ to invest small capital.
Remember, GenZ are internet enthusiast. So, they are willing to study the market signals and watch how it grows or falls since it determines its investment returns.