A financial research company, Investment Trends, conducted a new study on behalf of the Australian Securities Exchange (ASX) and the study has revealed that young Australians are highly interested in crypto investment.
It also showed that 46% of “next-generation investors” (investors between 18 and 20 years old) said they preferred stable returns, while 31% invested in digital assets.
The study revealed that despite their strong dislike for risk-taking, almost one-third of young Australian investors have traded digital currencies or hold active crypto portfolios. It further suggests that while young Aussies show more interest in crypto investment, the 25-40-year-olds hold the most digital assets.
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ASX Australian Crypto Investor Report
The ASX evaluated Australian investors’ attitudes towards investment risks by age group. The regulator wrote that “The apparent financial conservation of younger investors is at o
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