What is the typical amount of assets held by individuals in different age brackets in the cryptocurrency industry?
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Can you provide insights into the average value of assets held by individuals in various age groups within the cryptocurrency industry? I am particularly interested in understanding the typical amount of assets held by different age brackets.
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1 answers
- At BYDFi, we have observed that the typical amount of assets held by individuals in different age brackets in the cryptocurrency industry varies. Younger individuals, such as millennials and Gen Z, often start with smaller portfolios but may have a higher percentage of their assets allocated to cryptocurrencies. Older individuals, such as baby boomers and Gen X, may have larger portfolios but a smaller percentage allocated to cryptocurrencies. It's important to consider individual risk tolerance, investment goals, and time horizon when determining the appropriate amount of assets to hold in the cryptocurrency industry. As always, it's recommended to do thorough research and seek professional advice before making any investment decisions.
Feb 19, 2022 · 3 years ago
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