[ad_1]
<div _ngcontent-c14 = "" innerhtml = "
A recent eToro survey explored investor preferences. & Nbsp;Getty
According to a survey of the sector, the millennial generation has great confidence in the digital currency market.
L & # 39; eToro survey, who pulled the entries & nbsp; from & nbsp;1,000 online merchants ages 20 to 65, & nbsp;revealed that nearly two-thirds of online Millennium Cryptocurrency traders (ages 20-38) rely more on digital currencies than equities.
In addition, 43% of Millennials are more confident in digital currency trading than in stock exchanges.
Gen Xers, on the other hand, were much more likely to prefer markets to equities, with 77% of those in this age group (aged 39 to 53) indicating this preference. & Nbsp; In addition, & nbsp; only 41% of & nbsp; these respondents said they trust crypto-currencies more than actions.
[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]
Decomposition of preferences
When explaining the different preferences of people from different age groups, the survey focused on a few key variables.
The main results cited in the survey results are the clear differences in education between different age groups.
More than half of the Millennium participants (52%), for example, said they were either "knowledgeable" or "very knowledgeable" about digital currencies.
& Nbsp; only 32% of Generation X respondents and 19% of baby boomers (aged 54 to 65) answered this question.
Millennial point of view
Many Millennials perceive & nbsp;Crypto-currencies differ from & nbsp; people belonging to others & nbsp; age groups. This point of view is worth considering. & nbsp;
Eric Ervin, CEO of & nbsp;Blockforce Capital, & nbsp; have emphasized their confidence in technology to explain this situation.
"Millennials tend to trust what they use and understand," he said.
"They have grown up and include Amazon, Google, etc., and now blockchain / crypto, and so it makes sense that they over-index their confidence in these investments / infrastructure," he added.
"It is also logical that those who have invested in cryptography have an even higher level of confidence for these exchanges, even during the slide of the 2018 bear market," noted Ervin.
Joe DiPasquale, CEO of the Cryptocurrency Hedge Fund & nbsp;BitBull Capital, also shed a little light on the subject:
"Digital markets are less mature, less regulated and more vulnerable to piracy." he noted.
However, the millennial generation is addressing them because of several factors, including & nbsp;"the ease of use, the low barrier to entry, the high profit potential and the hype that surrounds them," he said. & nbsp;
Sean Walsh, CEO of Crypto Mining Company & nbsp;Hyperbloc, also weighed in Millennials' preferences, stating that:
"The crypto markets may be less developed, but younger generations seem to feel a greater affinity with them, especially because these markets are new."
Market Infrastructure
Although digital money markets seem to have won the trust of the younger generations, much remains to be done to put in place the right infrastructure.
A perfect example is the many cryptocurrency exchange hacks, which resulted in losses of $ 1.5 billion, according to CoinDesk.
The stock market is clearly more proven than that of digital currencies, says an badyst, says Sheila Warren, described as "trustworthy". "impossible to challenge. "& nbsp;
However, while the digital currency market infrastructure is less evolved, Warren, & nbsp;responsible for the blockchain project at World Economic Forum, predicts that he will "catch up pretty quickly."
"I think the crypto markets are (not surprisingly) relatively immature and the amounts / volumes that pbad through them are not yet supported by the current infrastructure," she said.
However, she pointed out that the field is progressing on this front:
"There are a lot of investigations and works focused on decentralized exchanges, etc., and I think the problems are widely known (and therefore being resolved)."
Vulnerability of financial institutions
In addition, several market observers have noted that the stock market infrastructure is far from perfect.
"Stock markets are by no means immune to hacking or other harmful attacks," noted Ervin.
"US markets experienced a flash crash in 2010, the Nasdaq was hacked in 2011, and then a price reporting problem in 2017," he added.
"Millennial investors have noted these events, many of which are attracted to crypto-investment because of its promise of immutability," says Ervin.
Tim Enneking, & nbsp;General Manager of & nbsp;Digital capital management, offers a similar perspective. & nbsp;
Simply "Because we do not hear about fiat hacks does not mean that they do not happen," he noted. & nbsp;
"Banks are pirated much more frequently than general publications, for example, but rarely report them publicly," claimed Enneking. & nbsp;
Matthew Unger, & nbsp;founder and CEO of & nbsp;Investor Services iComply inc., also mentioned the weaknesses of the infrastructure of financial institutions.
"In its current form, the stock market has experienced little technological innovation since the 1970s, when inefficiencies in paper trading created a crisis that almost closed markets." he stated. "People forget that."
"The migration to the current stock market infrastructure has necessitated an in-depth redesign and forced companies to digitize their badets," noted Unger.
Progression of the cryptocurrency market
"The cryptographic exchanges are still young and their fragmented infrastructure shows it," says Ervin.
"However, many are striving to create an institutional presence in the world of digital badets, thus making great strides towards the regulation that traditional investors aspire to."
"We believe that no matter how much the Millennials (and other groups) trust in crypto and trading, it will only grow as badets and infrastructure mature," he predicted.
Disclosure: I own Bitcoin, Bitcoin Cash and Ether.
">
A recent eToro survey explored investor preferences. Getty
According to a survey of the sector, the millennial generation has great confidence in the digital currency market.
The eToro survey, which collected contributions from 1,000 online merchants ages 20 to 65, revealed that nearly two-thirds of online Millennium Cryptocurrency traders (ages 20-38) rely more on digital currencies than equities.
In addition, 43% of Millennials are more confident in digital currency trading than in stock exchanges.
Gen Xers, on the other hand, were much more likely to prefer markets for equities, with 77% of those in this age group (aged 39 to 53) indicating this preference. In addition, only 41% of those surveyed said they trust crypto-currencies more than actions.
[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]
Decomposition of preferences
When explaining the different preferences of people from different age groups, the survey focused on a few key variables.
One of the main factors cited in the survey results was the marked differences in education between different age groups.
More than half of the millennium participants (52%), for example, said they were "well informed" or "very knowledgeable" about digital currencies.
However, only 32% of Generation X respondents and 19% of baby boomers (aged 54 to 65) answered this question.
Millennial point of view
Many Millennials perceive crypto-currencies differently from individuals in other age groups, and this point of view is worth exploring.
Eric Ervin, CEO of Blockforce Capital, emphasized their confidence in technology to explain this situation.
"Millennials tend to trust what they use and understand," he said.
"They have grown up and include Amazon, Google, etc. and now they have every interest in over-indexing their trust in these investments / infrastructure," he added.
"It is also logical that those who have invested in cryptography have an even higher level of confidence for these exchanges, even in the event of a bear market decline in 2018," said Ervin.
Joe DiPasquale, CEO of the Cryptocurrency Hedge Fund BitBull Capital, also enlightened the subject:
"Digital markets are less mature, less regulated and more vulnerable to piracy," he said.
However, the millennium generation is moving towards them because of several factors, including: "The ease of use, the low barrier to entry, the high profit potential and the hype that surrounds them," he said.
Sean Walsh, CEO of Crypto Mining Company HyperBlock also took into account Millennials preferences, stating that:
"The crypto markets may be less developed, but younger generations seem to feel a greater affinity with them, especially because these markets are new."
Market Infrastructure
Although digital money markets seem to have won the trust of the younger generations, much remains to be done to put in place the right infrastructure.
CoinDesk is a perfect example. The many cryptocurrency exchange hacks resulted in losses of $ 1.5 billion.
The stock market is clearly more proven than that of digital currencies, according to claims badyst Sheila Warren, "impossible to challenge. "
However, while the infrastructure of the digital currency market is less advanced, Warren, blockchain project manager at the World Economic Forum, predicted that he "will catch up fairly quickly."
"I think the crypto markets are (not surprisingly) relatively immature and the amounts / volumes that pbad through them are not yet supported by the current infrastructure," she said.
However, she pointed out that the field is progressing on this front:
"There are a lot of investigations and work focused on decentralized exchanges, etc., and I think the problems are widely known (and therefore about to be solved)."
Vulnerability of financial institutions
In addition, several market observers have noted that the stock market infrastructure is far from perfect.
"The stock markets are by no means immune to hacking or any other harmful attack," noted Ervin.
"US markets experienced a flash crash in 2010, Nasdaq was hacked in 2011, then a price reporting problem in 2017," he added.
"These events are reported by millennium investors, many of whom are drawn to crypto-investment because of its possible promise of immutability," Ervin said.
Tim Enneking, Managing Director of Digital Capital Management, offers a similar perspective.
Simply "Because we do not hear about fiat hacks does not mean they do not happen," he said.
"Banks are pirated much more frequently than regular publications, for example, but rarely report them publicly," said Enneking.
Matthew Unger, founder and CEO of iComply Investor Services Inc. also talked about the gaps in the infrastructure of financial institutions.
"In its current form, the stock market has seen little technological innovation since the 1970s, when inefficient paper trading has created a crisis that has almost closed markets," he said. declared. "People forget that."
"Migration to the current stock market infrastructure has necessitated a fundamental overhaul and forced companies to digitize their badets," said Unger.
Progression of the cryptocurrency market
"The cryptographic exchanges are still young and their fractured infrastructure shows it well," said Ervin.
"However, many are working to strengthen the institutional presence in the world of digital badets – making great strides on the path of regulation that traditional investors aspire to."
"We believe that regardless of the level of trust of the Millennials (and other groups) in crypto and trading, it will only increase as badets and infrastructure mature." he predicted.
Disclosure: I own Bitcoin, Bitcoin Cash and Ether.
