German Millennials Are Actively Making Investments in Cryptocurrencies: Survey

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A survey conducted by KuCoin in Germany has showed that the millennial generation is the most active in the digital currency market.

Of the respondents aged 25 to 40, 51% had invested in Bitcoin and other virtual currencies, while 30% of traders aged 40 to 50 had done the same.

As for those aged under 25, only 19% had put money towards cryptocurrencies. In terms of which digital assets investors were buying, 64% had chosen to invest in BTC, with 40% going towards Ethereum (ETH).

Additionally, many investors were drawn by the perception that they could get rich quick, as 22% of those who had invested in digital assets were under this impression. Beyond that, Germans were also buying NFT collections.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.