Crypto landscape for dummies

By PeraclesPlease on Thu, 07/21/2022 - 5:14pm |

By the time you wade thru Blockchain & NFTs & mining oh my...

https://www.currentaffairs.org/2022/05/why-this-computer-scientist-says-...

4392 reads

Comments

Yikes - can't read the article, it's paywalled, and don't really want to as the tweet is enough -

Ella Gupta made her first investment when she was 10. With the help of her parents, she took half the profits of her bracelet-making business and invested in the stock market. https://t.co/3Xo5kz0Wp3
— Barron's (@barronsonline) July 26, 2022

Just yikes even if they exaggerated a huge amount- more than half of people aged 18 to 25 are already investors!?!?!?!

No wonder all this stoopid gambling shit is going on!

by artappraiser on Fri, 08/05/2022 - 5:22am

it's actually all here in their Twitter thread!

Gen Z-ers are the first generation to be born into a world where social media use is the norm, which means their investment thinking is heavily influenced by peers. “Peer-to-peer learning is very powerful,” says Gupta. https://t.co/3Xo5kz0Wp3
— Barron's (@barronsonline) July 26, 2022

Gen Z survey respondents say they learned about investing online, with just under half saying they learned on YouTube or through other videos. About a third credited TikTok for their newfound knowledge. https://t.co/3Xo5kz0Wp3
— Barron's (@barronsonline) July 26, 2022

But Gen Z-ers are also learning that a bear market can point out the dangers of groupthink as meme stocks crater, crypto crashes, and other assets amped up by online investment influencers fall to earth again. https://t.co/VnsJtLjgV2
— Barron's (@barronsonline) July 26, 2022

JFC, explains nearly everything!!!

by artappraiser on Fri, 08/05/2022 - 5:29am

Crypto landscape for dummies

Comments

Sections

Bloggers