The Boomer coin tag is unlikely to have any impact on investing in Bitcoin 2021. Studies have established that most of the top Bitcoin investors are well-established and successful individuals. The majority of these individuals are not millennials who consider Bitcoin as outdated.
Early Investing‘s mission is to help readers find the most promising investment opportunities outside the stock market . Our research is focused on two areas in … more Early Investing’s mission is to help readers find the most promising investment opportunities . Our research is focused on two areas in particular: private startups and cryptocurrencies. We provide both educational material and recommendations on specific investments. Helping our readers find promising private, early-stage startup companies has been a core focus of our business since 2013. Using our research and recommendations, readers have invested in some of the fastest-growing private companies in the world, including Spotify, Lyft, Dropbox and many more. We recommend startups that range from early stage (initial funding rounds) to later stage (more mature, but still private companies). In 2017, we added cryptocurrency research to our offerings. We make specific recommendations on coins that we believe have extreme upside potential, and we advise readers on how to buy, hold and safely store their coins. Early Investing was founded by Adam Sharp and Andrew Gordon. Our staff also includes Vin Narayanan as the Senior Managing Editor and Allison Brickell as Assistant Managing Editor.
By referring to Bitcoin as the “Boomer coin” does not necessarily mean the younger investors are letting go of their assets. Most of them still believe in the functionality of Bitcoin. Those who own Bitcoin are still holding them and following actively on the price movements.
To shift the market from Bitcoin dominance to the other millennial coins needs more than just social media hashtags and ravings. There is a need for investments and developments from the other alternatives. That is to say while investing in Bitcoin in 2021 and the near future remains active, it does not have long-term assurance. Instead, the millennial coins will in the long run take over as the younger investors gain more money to direct the crypto market movement.
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