Here’s why boomers are better crypto investors
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Summary:34 percent of boomers spend “a few days” doing due diligence on a crypto project before making an investment decision.

Millennials will understand business better, but a new study shows that baby boomers born between 1946 and 1964 are better crypto investors. A report by Bybit and Toluna, a customer research company, shows that the baby boomers have used the same research methods as traditional sales markets to encrypt new projects.

According to this study, 34% of the baby boomers will spend "several days" to conduct financial due diligence on encrypted content before determining the project investment. According to the statistical analysis of CoinTelegram, this is 50% more than other generations.

Obviously, most crypto investors do not invest too much time and energy to study their potential overall goals. " 64% of investors in North America spent less than two hours or were spotless at all. " The report said.

In addition, Baby Boomer investors focus on technical factors when conducting research, including income, market competition and tokens. On the other hand, young investors are more likely to suffer from the limitation of credit conditions, such as the attractive founders and "website art aesthetics". Chao Generation investors focus on conducting more thorough research. One possible explanation is that they may leave their jobs, so they have more free time compared with young peers.

Crypto may have many characteristics that make it different from other financial markets, but investors can still use the interpretation expertise to analyze traditional assets and use it to encrypt assets. As in the traditional sales market, supply and demand still determine the price of data assets.

CoinTelegram said that caring about technical difficulties is likely to help avoid the bad management decisions that caused high losses last year. One factor beneficial to the baby boomers is that they are used to measuring the price earnings ratio and price earnings ratio of stocks, so it is easier to apply these key technologies to crypto assets. Young investors should understand why trading volume is particularly important, and the necessity of "circular system supply" and "larger supply"

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