Lifestyle

What Millennials Think About Bitcoin

By June 28, 2022 No Comments

The common perception around crypto is that it’s a young person’s market, and the data backs that up. According to studies, millennials and Gen Z make up nearly 94% of all crypto buyers. This includes people between 18 and 40 years old. If you are older, you still might haven’t adapted to the newly established conditions in the modern world. Don’t worry, even the younger population has problems with accepting crypto. Do you know what millennials think about bitcoin? Take a seat and join us in our research!

Who Are Millennials?

Millennial is an expression for a group of people born between 1981 – 1996. They are also known as Generation Y. They’re called millennials because they became adults around the time of the millennium. Millennials were born and grew up during the arrival of the internet and personal computers. This encourages a stereotype that they are more familiar with technology than previous generations.

In popular culture, millennials are often described as self-centred and obsessed with social media. That made them win the unflattering nickname Generation Me. Other big differences include finances and wealth. For them, financial independence is a priority. They love traveling a lot. Also, one interesting study by Transamerica shows that about 21% of millennials don’t have a job that provides retirement plan.

Millennials And Crypto

According to Investopedia’s Financial Literacy Survey of 2022, millennials are more likely to invest in cryptocurrency. Among all generations surveyed, it seems they realized that cryptocurrencies aren’t a myth. Furthermore, crypto isn’t even a type of experiment nowadays. It is becoming a part of our daily lives. Maybe we should all follow in millennials’ footsteps when it comes to this. Cryptocurrencies help millennials achieve financial wealth. The biggest advantage is a possibility to earn exceptional amount of money even if you have a small budget.

According to the article on cnbc.com, 48% of millennials who hold cryptos plan to increase their holdings in 2022. Additionally, another 39% of millennial hodlers plan on keeping their cryptos at the current level.

At the first glance, it may appear that Bitcoin is the most recognizable crypto among millennials. However, they easily navigate the fluid nature of the crypto world, and have so far adopted other cryptocurrencies as well.

Casino Brango And Crypto

Safe payment methods are crucial when it comes to online gaming. Casino Brango can proudly say that we host one of the best secured and the fastest payment methods. These allow you to both deposit and withdraw your money within minutes.

Today, bitcoin as well as all the cryptocurrencies that you can find out at Casino Brango are safe and secure payment methods. There is truly no place for fear when it comes to this type of payment method anymore. Besides bitcoin, there are other deposit methods you can use. For example, Ethereum and Litecoin which count as the safest two.

We invite you to explore the safe payment methods further and find the deposit method that suits you best. We also invite you to tell us what is your take on Bitcoin and cryptos alike. There is enough space in the comments below to exchange opinion. Until next time!

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