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.