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Millennial millionaires have a large share of their wealth in crypto, CNBC survey says

Millennial millionaires have a large share of their wealth in crypto, CNBC survey says



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  1. Never go 100% one thing. But don’t listen to people tell you crypto should be only 5% of your portfolio especially if you’re young. The potential is WAY to large for only 5% of your overall portfolio to be in it.

  2. tldr; Nearly half of millennial millionaires have at least 25% of their wealth in cryptocurrencies, according to the CNBC Millionaire Survey. The survey of 750 investors with at least $1 million in investible assets found a new generational divide in wealth creation from crypto. Older millionaires are far less likely to believe in or invest in crypto, the survey found.{}

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  3. This gives me hope. I am a young guy and most young people I know still prefer to waste money in sports betting/casino rather than to learn investing in stocks and crypto.

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