What millennials have got wrong about cryptocurrency? — Reason why many do not invest in them
Whether it is a dank meme or some viral GIF; the youth has always shown top level priority to all the current news that comes their way. We cannot help but stay up to date with the clusters of information that keeps coming our way all the given time. You take out your phone and boom! There are ten new stories on how Syrian war affects the mass, how the new selfie angle makes you look fat or about what gluten actually is!!
The list of stupid idiosyncrasies is endless. If millennials are so well informed regarding current events then what is stopping them from investing in the most popular invention in the history of digital economy. Less than 35% of the investors and key participators of crypto world are people from an older age group.
Let us find out why this is the case.
Decoding what millennials think of cryptocurrency
I, myself being a millennial empathize and understand the issue of cryptos and how it gets projected among these people. The first thing that people take interest into prior to investment is, knowing all about the success stories. But internet can be a steamy place for rumors. The first thing we hear in terms of cryptocurrency is that how people lost millions in Bitcoin and how they are all a fraud.
This might sound exaggerated but a lot of websites have also proclaimed to denote the entire idea of virtual money and digital currency a conspiracy against capitalism. I know right? Even I am rolling my eyes. Let us get back to the core topic before things become any weirder.
A lot of young people live under the notion that you are running into some one way risk with no support whatsoever while trading with Bitcoin. This misconception is the direct result of misled information and obviously the pre conceived notion that only traditional fiat currency is what that matters.
How can this be improved?
Complaining about things is not the solution for anything; never was; and never will be. In order to get things done one must take meaningful and fruitful steps towards welfare. The youth needs to get access to substantial material and must be aware of legitimate websites where they can be assured of their funds.
In that case, Blockage.io can be blindly trusted. If you do not believe me then visit their website to check out all the extraordinary features with complete assurance of safety. You can keep your privacy with 100% insurance and free transactions. Not just that if you are new to the world of cryptocurrency then there is scope to earn a few free Doge coins right after signing up.
We can go towards betterment, one step at a time. This all begins with giving the correct information to all the people possible.
Why is it important for the youth to participate in cryptocurrency matters?
India is primarily a youth oriented country with terms of census. We have a majority of working population. The share of young adults is greater than the rest of the population combined. This it tells you that we cannot possibly ignore this section of the society.
Cryptocurrency is the future of monetary system; it is the light of unanimous money and single currency. It is very important for the youth who will be leaders of tomorrow to know that cryptocurrency trading in India is achieving a very prominent position. Their contribution will not just benefit the whole idea of cryptocurrency but also their bank balance. The ROI is huge on cryptos.
The invention of Bitcoin and then transformation of blockchain is a revolution in its own sense. Every single youth should be a part of it to witness the bright future by being the part of it.
What do millennials ACTUALLY need to know?
Enough blabber about what is what; time to face facts. These are the super important things all the youth must know about cryptocurrencies.
· Cryptocurrency is actual money and not some fraud scheme. The only difference between this currency and the fiat currency in your pocket is that the former one is digital. Click here to Learn From The Cryptocurrency Millionaires?
· It is true that cryptos are virtual but they are mined completely authentically with the process and technology called ‘blockchain.’
· Bitcoin and other cryptos are the future of money. It is an asset to be invested upon. If you want to know how to trade Bitcoin then find out with research and save yourself some quality bucks.
· Relax! We know there is no institution or bank for Bitcoin but you can always have a wallet of your own (a wallet by the way has all details about your transactions with proper date and time information for your convenience). Or else you can always have a cold storage.
Happy investing and trading folks!!
