Young people have turned their familiarity with social media into a disadvantage by relying on influencers for investment information.
As a millennial, it’s hard to say this, but boomers are doing crypto better. They are taking research methods used in the traditional markets and applying them to crypto projects, according to a new report from Bybit and consumer research company Toluna.
Boomers are also more likely to focus their research on technical factors such as tokenomics, revenue and competitor landscape. Compare this with their younger compatriots, who are more likely to prize reputational elements such as a charismatic founder and “website aesthetics.” Even though crypto has many idiosyncratic properties that differentiate it from other capital markets, it still has enough in common to allow for a decent crossover in analytic skills. After all, the price of digital assets is highly dependent on the balance of market supply and demand, just like traditional markets.can prevent the kind of poor decision-making that led to large losses in 2022.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion | Greta Thunberg's Andrew Tate smackdown just the tip of a disgusting icebergNoor Noman: Greta Thunberg's Andrew Tate takedown was incredible. And also depressing.
Read more »
Young Americans are staying close to homePew recently found that multigenerational living is rising dramatically among young Americans, in part as a way to cope with skyrocketing housing and schooling costs.
Read more »
Cannabis Strains for Baby Boomers and Generation XBaby boomers! If you remember pot from the '60s and '70s, you'll love these strains...
Read more »
Juneau city manager resolves to adopt new hazard maps in the new yearBoth city officials and residents have been hesitant to adopt the new hazard maps since their introduction in the spring of 2021. Watt says the lack of more specific information about the likelihood and consequences of landslides presents a particular challenge from a municipal policy perspective.
Read more »
New design added to Times Square crystal ball ahead of big New Year’s Eve celebrationThe crystal ball features 2,866 triangles, and this year they’re replacing 192 of those with the new design, “Gift of love,” a circle of overlapping hearts intertwined together.
Read more »