More than 25% of millenials are already users and owners of cryptocurrency

Cryptocurrencies remain the most preferred long-term investment for millenial investors. This is evidenced by the results of a survey of consulting company Edelman.

According to the report, more than 25% of the polled millennials between the ages of 28 and 34 are already users or owners of digital assets.

“Everyone who has cryptocurrencies told that they would like them to be acquired earlier ,” said study author Deidre Campbell.

30% of respondents expressed their interest in the study of cryptocurrency for the purpose of investment.

Earlier studies have found that the millennials do not trust banks. For the most part, this is due to inefficient and outdated models that are not adapted to younger investors.

Analysts assume that in the main cryptocurrency markets, such as the USA, South Korea and Japan, where regulated cryptobirds and payment services operate, the use of cryptocurrencies by millennials will continue to grow rapidly.

Thus, the South Korean government has already recognized cryptobirth as legitimate financial institutions and launched initiatives designed to convince young talents to pay attention to the blockchain industry .

In the course of the Edelman survey, 1,000 millennials aged 28 to 34 years old and 500 representatives of “generation X” aged 39 to 52 years old were surveyed.

Recall that in September 2017, the online market for refinancing student loans LendEDU conducted a survey , the results of which showed that the American youth aged 18-34 are more willing to invest in Bitcoin than older age groups.

And according to TD Ameritrade brokerage company analyst JJ Kinahan (JJ Kinahan), cryptocurrency is a chance to engage in millenialial trading .