Why are younger US investors buying cryptocurrency?

Younger investors are turning to crypto because they perceive traditional wealth-building avenues as less accessible to their generation.

How much of their portfolio do young investors allocate to crypto?

Younger investors are allocating 25% of their portfolios to non-traditional assets, including crypto.

Do older investors also hold crypto?

While nearly half of younger investors hold crypto, only 18% of older generations currently own digital assets.

Home / Business and Economy / Young Investors Ditch Old Rules for Crypto

Young Investors Ditch Old Rules for Crypto

20 Dec

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Summary

Nearly half of younger US investors now own cryptocurrency.
Younger investors allocate 25% of portfolios to non-traditional assets.
73% of younger investors believe conventional finance favors older generations.

Young Investors Ditch Old Rules for Crypto

A significant shift is occurring in how younger Americans approach wealth creation, with nearly half now holding cryptocurrency. This trend is driven by a perception that traditional financial systems are less accessible to their generation. As a result, younger investors are allocating a substantial 25% of their portfolios to non-traditional assets, a rate three times higher than their older counterparts.

This pivot reflects a broader sentiment that generational wealth-building paths are deteriorating. Many young investors face challenges like mounting student debt and stagnant wage growth, leading 73% to believe their generation has a steeper climb than previous ones. Consequently, they are actively seeking alternative investment vehicles beyond conventional stocks and dividends to close potential wealth gaps.