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How does the average retirement savings in cryptocurrencies vary by age group?

avatarRika An RokhimNov 28, 2021 · 3 years ago1 answers

What are the differences in average retirement savings in cryptocurrencies among different age groups?

How does the average retirement savings in cryptocurrencies vary by age group?

1 answers

  • avatarNov 28, 2021 · 3 years ago
    At BYDFi, we have observed that the average retirement savings in cryptocurrencies do vary by age group. Younger investors tend to have a higher proportion of their retirement savings in cryptocurrencies, as they are more comfortable with digital assets and have a longer investment horizon. Older investors, on the other hand, tend to have a smaller proportion of their retirement savings in cryptocurrencies, as they may be more conservative with their investments and prefer traditional assets. However, it's important to remember that individual preferences and risk tolerance also play a significant role in determining retirement savings in cryptocurrencies among different age groups.