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HomeRight Arrow Media CoverageRight Arrow In the NewsRight Arrow Investing In Digital Currency: How To Drive Up The Value Of Your Portfolio

Investing In Digital Currency: How To Drive Up The Value Of Your Portfolio

Investing In Digital Currency: How To Drive Up The Value Of Your Portfolio

Featured: Marc Despallieres, Chief Strategy & Trading Officer, Vantage

Youngsters are 7.5 times more likely to include crypto in their portfolio

Cryptocurrency, central bank digital currencies (CBDCs), and stablecoins are not just currencies in trend. They have given a new outlook to the conventional monetary system. With the advent of digital currency, the concept of money has transformed from merely being a medium of exchange to something that can generate and offer ‘value’ to individuals. Millennials are now gravitating towards cryptocurrency as macroeconomic uncertainty, affecting the value of fiat, continues to linger in the market.  

As per the latest survey conducted by Bank of America, youngsters are 7.5 times more likely to include crypto in their portfolio. No doubt with rapid digitalisation, digital currency has become a sweet spot for the younger generation. There are several factors resulting in this inclination. Nevertheless, selecting a segment doesn’t promise value generation for your portfolio. 

Read the full article on ABP Live.