- Gen Z is actively looking at crypto as a major investment option to get into the Housing Market.
- While mortgages, loans, or stocks are susceptible to the policies of the Central Bank, Gen Z views decentralized crypto as a better option considering the affordability and security factors.
Gen Z is well aware of the rising population and escalating Real Estate prices in the market. The traditional approach of mortgage loans or stock investments comes with higher risk and adverse repercussions. Thus, blockchain-based cryptocurrency is currently the most accessible option for Gen Z, and with wise, prudent, and judicious decisions, it can yield lucrative results like Homeownership.
Reliable Yields through Crypto
It’s a fact that rising population and urbanization have made the situation adverse, especially for the middle class and poor looking for Homeownership. With Suburban areas getting flooded with Real Estate projects and the ratio of supply to demand getting diminished with time, it’s high time to invest in the Housing market before it gets too late.
Gen Z is planning to make a cut by taking roads less traveled. Sure, crypto Investment is not a new thing now, and it isn’t the path anymore that hasn’t been taken by plenty. But instead of plowing money into high-cap Bitcoins or other popular Altcoins, Gen Z is specifically looking at Altcoins that have formidable prospects and the potential to yield the desired return. Of course, the decision comes with risks, but at least it is not affected by Inflation, the Russia-Ukraine War, or other adamant policies of the Central Bank. Thus making it a reliable option overall with a good possibility of skyrocketing to Riches in the near or far future from today’s Rag.
Key Behind the Right Investment in the Crypto Ecosystem
The clue is to hit the right asset at the right time. Being judicious and enduring patience for a long period of time because there’s a possibility that there can be multiple fluctuations from Bulls to Bears to nowhere. Therefore, maintaining discretion and trusting the process and your decision are extremely important.
Back in 2013, when Bitcoin wasn’t a Top cryptocurrency and was yet to attain its prime, Danny Maegaard, a psychology student from Queensland, Australia, read about it in a BBC article. At that time, such articles only had a few crypto nerds as their target audience. Yet the price of Bitcoin surged from 15 dollars to 30 dollars. Using his part-time wage, Maegaard invested in Bitcoin. It spiked to 150 dollars, then escalated to 950 dollars, but Maegaard kept his cool and sagacity for a few more years and let the asset reach its full potential. By the year 2017, his portfolio balance had multi-folded to
1 million dollars.
Conclusion
It is fair enough to say that Gen Z is following in the footsteps and wisdom of Danny Maegaard while running away from the herd and choosing to invest in low-cap and potential Altcoins instead of high-cap cryptocurrency.
