espite barely being out of the crisis, investors still dream of becoming the next Elon Musk or Bill Gates. With figures like CZ, who started from nothing and made their own way in life, as well as many other people following them on this journey, it's no wonder why so many fantasies surround cryptocurrency.

The Crypto industry is booming, and investors are banking on it. Why? According to one recent study from Harris Poll Thought Leadership Practice, about 70% of those who responded believe they could become billionaires thanks in part or whole to their investment.

The poll included 1,900 individuals across all generations, which makes this news especially exciting for those looking into getting started now before anyone else does, so you have time to make sure your portfolio grows like never before- just remember: timing matters when investing wisely because there's no telling what will happen next.

According to this recent study, younger generations are more open-minded about digital currencies than older ones. In fact, among those who claimed that it could make them billions of dollars - mainly millennials or generation Z.

However, it seems that the two generations are not as divided when considering crypto investing. A survey by Capitalize found that individuals from both groups were more likely to invest in digital currency for retirement funds- a trend that could grow even larger with time.

The survey results show that young people have stopped trusting current mainstream financial systems and now look for alternatives such as cryptocurrency. This shows how much the crypto world has grown since its inception in 2009.

On the other hand, the concept of becoming wealthy through digital currencies remains viable. Great financiers, such as Robert Kyosaki, who promotes wealth through Bitcoin, continue to promote such fantasies.

The financial industry is not united on how to handle cryptocurrency. Some want it eliminated entirely while investors continue seeing it as an opportunity for profit-making, which could lure users into Ponzi schemes or other scams that promise large monthly returns but have no chance of ever coming close if they were real investments at all.

FatMan had already demonstrated the phenomenon through his erroneous experimentation.

Speculation can lead to a sector-wide crisis and a loss of investors ’ confidence. Every meltdown also discredits the industry.

With the upcoming Ethereum Merge, it's only natural that investors will want to see their investments grow in value. With a community eager for this same thing and new people coming into this enticing world because of its popularity, you can bet there will be more eyes on ETH, looking at how much money could potentially arise out of nothing else than pure profit.

Are you one of those people in the survey dreaming of becoming a billionaire? Remember that crypto is not for the faint-hearted. It's a high risk that requires huge sacrifices to start up and keep going. Why not read this article to boost your knowledge about cryptocurrency and avoid fake investments?

Sep 19, 2022
Digital Lifestyle

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