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From being unfamiliar at the beginning to now being widely known, cryptocurrency has gradually become a societal topic. News about individuals becoming millionaires and multimillionaires due to cryptocurrency is constantly making headlines. However, I am sometimes curious about who the main investors in cryptocurrency are. Who is so wealthy that they can withstand the ups and downs of the cryptocurrency market?
The answer is in, according to a market survey commissioned by the American venture capital firm Andreessen Horowitz through Morning Consult. Most cryptocurrency ownership is concentrated in the hands of Americans with an annual income exceeding $50,000 and a college education. The survey also indicates that about 45% of cryptocurrency owners are from the millennial generation, born between 1980 and 1996, with a majority being male. More than half, 55%, of these investors hold a college degree or higher, and 53% of them have an income exceeding $50,000.
In fact, there are reasons for so many millennials to want to own cryptocurrency. According to a millionaire survey released by CNBC in 2021, nearly half of millennial millionaires have at least 25% of their wealth from cryptocurrency. Moreover, over one-third of millennial millionaires have at least half of their wealth coming from cryptocurrency.
Oh well, if I had known earlier, maybe 25% of my wealth could have come from cryptocurrency. |
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