Digital Culture: A Story of Digital Awareness According to AAX By DailyCoin – Investing.com

SourceInvesting.com
SectorTechnology
CountryMiddle east

Digital Culture: A Story of Digital Awareness According to AAX

Cryptocurrencies have evolved as user behavior has shifted more towards digital technologies.
The cryptocurrency space is hard to navigate due to the abundance of cryptocurrencies that continue to flood the market.
Current cryptocurrency providers need to educate participants in the technology, though market cycles should bear remembrance.
The ideology of “get rich quick” continues to prompt exuberant demand for cryptocurrencies.

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...read more...