Digital Culture: A Story of Digital Awareness According to AAX By DailyCoin – Investing.com
- Date: 21-Jul-2021
- Source: Investing.com
- Sector:Technology
- Country:Middle East
Digital Culture: A Story of Digital Awareness According to AAX By DailyCoin – Investing.com
Cryptocurrencies have evolved into a digital standard, which transcends existing economic standards. Bitcoin’s volatility makes it attractive for investors due to the high-yield investment returns. Digital natives are the main beneficiaries of digital technologies as 94% of crypto buyers fit the Gen Z/Millennial profile. As an abundance of new investors enter the market, demands diversify, and investors are seeking out high financial yields as they start to understand the market.
The High Horse of Crypto
During an interview with DailyCoin, Ben Caselin, head of research and strategy at AAX, highlighted that the current digital market is hard to navigate from a user perspective. He specifically emphasizes that participants in the industry vary, with the supply having to be diversified as a result. Additionally, he posits that crypto is “really difficult to navigate as a business,” adding:
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