49% of millennials reported being comfortable investing in digital assets. 12% Called Cryptocurrency The Best Way For Long-Term Investment
Nearly half of US millennials (49%) invest comfortably in digital assets like Bitcoin. This follows from a study by Bankrate. Among Gen X and baby boomers, 37% and 22%, respectively, invest in cryptocurrency.
About 12% of millennials believe that cryptocurrencies are the best way to invest long-term with a horizon of 10 years. 9% of Gen X and 5% of baby boomers consider digital assets to be the best investment vehicle in the next decade.
In June, BitPay published the results of a survey according to which about 92% of American millennials who currently own or have owned cryptocurrency in the past want to use digital coins to pay for purchases in their daily lives.
Millennials are people who were born between 1981 and 1996. Generation X are people born between 1965 and 1980. Baby boomers are those born between 1946 and 1964.