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 for long-term investment with a horizon of 10 years. 9% of Gen Xers 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.