Crypto is 'the future of finance’: Why Gen Z is ditching traditional investments—but with caution

, it can be difficult to not jump in on the trades. "It can be hard with all the FOMO , because you see all these coins taking off," Reichel explains.

But sometimes, it's about more than fun. For many, the rallies of meme stocks like GameStop and AMC symbolized, a desire that stems from a feeling of "a lack of access for the 'little man,'" Kilbride says. Yet despite putting money into "fun" investments, these young investors still aim to be somewhat careful.

"I say the C in AMC stands for community, because I think that's what [the frenzy] is about," Scanlon says. "Post-pandemic, I think there's a sense of loneliness. People are finding community within the stock market, in the Discord servers, in Reddit. People are just craving community because we don't have that in the same way that we used to."

MakeIt Her quote is that it’s cheap and easy to understand…. A currency founded as a joke that she invested in… she’s doomed

joshconditt MakeIt Fuck’s sake - piss off with the shitcoins. Bitcoin only.

MakeIt “Investing” in Dogecoin. Sounds like a plan to me. Let’s see how that works for them.

MakeIt No value. Going to zero

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MakeIt Cuz they think they are geniuses cuz they have google. They literally think Robinhood trading is free cuz they don’t see the fee. Clueless

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MakeIt I think the main reason they are building portfolios of cryptocurrencies and meme stocks is because they lack investing sense or years or decades of investing experience... 🙂

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Santoli’s Tuesday market notes: Latest crypto slump and bounce unveils a brewing battleNew for subscribers: Santoli’s Tuesday market notes: Latest crypto slump and bounce unveils a brewing battle. Check out CNBCPro today.
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Crypto is 'rat poison', a third of mainstream investment firms tell JPMOnly 10% of institutional investment firms surveyed by JPMorgan trade cryptocurrencies, with nearly half labelling the emerging asset class as 'rat poison' or predicting it would be a temporary fad.
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »

China's renewed crypto crackdown wipes nearly $300 billion off the market as bitcoin slidesSince Friday, China has stepped up its efforts to rein in the country's cryptocurrency industry from mining bans to warnings to financial institutions. Another nice try . Keep up the FUD! Plenty of diamond hands to buy the dip. Saylor is not our only Bitcoin Jesus. Crypto currency is an imaginary money scam. There is no basis in the value. It's just let's make imaginary money with no gold backing. Everyone that loses their shirt 100% deserves it. same recycle 2018. nothing new repaet n repeat but btc is still there haha.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »