millennials

ChainCatcher news, Meme coin KOL Murad posted on social media, "Millennials and Generation Z can't afford to buy houses, so they will turn to buying Meme coins."

ChainCatcher news, Bitpanda released a study on the cryptocurrency investment market in Italy, which pointed out that nearly one-tenth (9%) of surveyed users currently invest in cryptocurrencies, with this number rising to 16% and 13% for millennials and Generation Z, respectively.This indicates a significant difference in investment habits between the "younger generation and the older generation" living in Italy, with only 8% of Generation X owning cryptocurrencies and only 4% of the baby boomer generation owning cryptocurrencies. (Crowdfund Insider)

According to ChainCatcher news and reported by CoinDesk, Bybit's content director Cyrus Ip recently expressed the view that Bitcoin is becoming a new area for wealth accumulation for the younger generation. In first-tier Asian cities like Singapore and Hong Kong, rising real estate prices make it difficult for millennials and Generation Z to replicate the wealth accumulation model of their parents through property. Bitcoin, as "virtual real estate," has a scarcity of 21 million units and high liquidity, requiring no large down payment.Data shows that young people are more open to investing in cryptocurrencies. Ip suggests that young investors consider allocating funds to Bitcoin but emphasizes that a long-term holding strategy should be adopted rather than speculative trading. He believes that this responsible investment approach may be key to building lasting wealth in an increasingly challenging financial environment.

ChainCatcher news, Charles Schwab conducted a survey in October among 1,000 401(k) retirement plan participants in the U.S. aged 21 to 70. Among them, 46% of Generation Z (born from the mid-1990s to the 2010s) and 45% of Millennials (born from the early 1980s to the mid-1990s) expressed a desire to invest in cryptocurrency as part of their retirement plans.However, a similar study conducted by Investopedia in April showed that only 28% of U.S. Millennials and 17% of Generation Z respondents expect to use cryptocurrency to support their retirement. (source link)