₦airaland Forum

Why Do Young Investors Prefer Cryptocurrencies?

Today's young people don't think, aren't innovative...so they just want an investment that require little effort...

Just pay..see interest... cash out

I do not agree with you on this...

Young investors tend to have higher risk tolerance; they don't have much to loose from a failed investment. Cryptocurrencies seems to be the most volatile market among every other financial markets out there. This high volatility could be a blessing or your worst enemy; depending on how you choose to invest. If you know exactly what you're doing in the market, it will be a blessing to you; and if you don't, it will get you rekt.

And to clear the mindset that it requires little effort, it does require a whole lots of data analysis. I spend roughly 12hours daily; glued to my PC and mobile; analysing and processing market data; that's more hours than a 9 - 5 job.

I want to assume you don't have in depth understanding about investments in general; that's probably your reason for your opinion on this topic.

advanceDNA:
Today's young people don't think, aren't innovative...so they just want an investment that require little effort...

Just pay..see interest... cash out

CryptoGuide:
I do not agree with you on this...

Young investors tend to have higher risk tolerance; they don't have much to loose from a failed investment. Cryptocurrencies seems to be the most volatile market among every other financial markets out there. This high volatility could be a blessing or your worst enemy; depending on how you choose to invest. If you know exactly what you're doing in the market, it will be a blessing to you; and if you don't, it will get you rekt.

And to clear the mindset that it requires little effort, it does require a whole lots of data analysis. I spend roughly 12hours daily; glued to my PC and mobile; analysing and processing market data; that's more hours than a 9 - 5 job.

I want to assume you don't have in depth understanding about investments in general; that's probably your reason for your opinion on this topic.

So I'm not right at all...??
Young people of nowadays don't like get rich quick business they will just cash out from without effort??

U sound like one of those people that always say " who told u yahoo is easy" it takes effort and being brilliant to make money from being a gboy....

No wahala...enjoy your 13hours a day analysing cryptocurrency....I hope you are cashing out....13 hours per day is a long time to work

Sure! No doubt, many Nigerians love get rich quick schemes. All I'm trying to say is... "Cryptocurrency trading/investment is not a get rich quick scheme as you'd often hear people talk about here and there". It requires lots of efforts put into study over a very long period time.

As to whether it pays to put in that long hours; Yes! It pays a lot. You should consider learning about them too; you can begin your journey into the world of crypto by viewing crypto tutorials on the Google or YouTube website; within some few years, you'd have a deep understanding of how the market actually works and start making great crypto investment decisions.

advanceDNA:
So I'm not right at all...??
Young people of nowadays don't like get rich quick business they will just cash out from without effort??

U sound like one of those people that always say " who told u yahoo is easy" it takes effort and being brilliant to make money from being a gboy....

No wahala...enjoy your 13hours a day analysing cryptocurrency....I hope you are cashing out....13 hours per day is a long time to work

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