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1 in 5 College Students in the US Has Used Their College Funds to Buy Crypto

 

November 8, 2022 (Investorideas.com Newswire) According to Cryptomonday.de, one in five college students has used their student money to buy cryptocurrency.

Many young people are bullish on the prospects of digital currency. They see it as a way to make quick profits and build long-term wealth. And they're willing to take risks to get in on the action. For some students, investing in cryptocurrency is a smart move. They're able to make profits that can help pay for their education. And in the long run, they could end up with a sizable nest egg.

Speaking on the data, Jonathan Merry, CEO of CryptoMonday, said, "Cryptocurrency is becoming more and more popular, especially among young people. They're the ones who are really driving innovation in this space. We're seeing more and more college students using their money to buy cryptocurrency, and we expect that trend to continue."

So Why Are College Students So Eager to Invest in Cryptocurrency?

There are a few reasons. First, many young people see digital currencies as the future of money. They believe that crypto will eventually replace fiat currency (the dollar, euro, etc.) as the primary form of payment worldwide. The full story and statistics can be found here: 1 in 5 College Students in the US Has Used Their College Funds to Buy Crypto

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