{"id":532835,"date":"2022-12-31T03:00:18","date_gmt":"2022-12-31T00:00:18","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/new-research-indicates-boomers-make-better-crypto-investors\/"},"modified":"2022-12-31T03:00:18","modified_gmt":"2022-12-31T00:00:18","slug":"new-research-indicates-boomers-make-better-crypto-investors","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/new-research-indicates-boomers-make-better-crypto-investors\/","title":{"rendered":"# New research indicates boomers make better crypto investors"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6af45fd9375eb\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6af45fd9375eb\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/new-research-indicates-boomers-make-better-crypto-investors\/#%E2%80%9D_New_research_indicates_boomers_make_better_crypto_investors_%E2%80%9C\" >&#8221; New research indicates boomers make better crypto investors &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_New_research_indicates_boomers_make_better_crypto_investors_%E2%80%9C\"><\/span>&#8221; New research indicates boomers make better crypto investors &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-6ed77c39>As a millennial, it\u2019s hard to say this, but boomers are doing crypto better. They are taking research methods used in the traditional markets and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lying them to crypto projects, according to a new report from Bybit and consumer research company Toluna.<\/p>\n<p>The report says that 34% of boomers spend \u201ca few days\u201d doing due diligence on a project before investing \u2014 50% more than other generations. More concerning still, \u201c64% of North American investors spend less than two hours or don\u2019t DYOR at all.\u201d <\/p>\n<p>Boomers are also more likely to focus their research on technical factors such as tokenomics, revenue and competitor landscape. Compare this with their younger compatriots, who are more likely to prize reputational elements such as a charismatic founder and \u201cwebsite aesthetics.\u201d <\/p>\n<p>This shows that being a digital and crypto native is not as big an advantage as people think. It actually pales in comparison with some of the Warren Buffet-style skills that older investors have honed over the years.<\/p>\n<p><strong><em>Related:<\/em><\/strong><strong><em> <\/em><\/strong><strong><em>5 tips for investing during a global recession<\/em><\/strong><\/p>\n<p>Maybe boomers are more likely to be retired and therefore have more free time than younger generations. It\u2019s hard to say, but it seems the best way forward for young people is to get humble and learn from the oldies. <\/p>\n<p>Even though crypto has many idiosyncratic properties that differentiate it from other capital markets, it still has enough in common to allow for a decent crossover in analytic skills. After all, the price of digital assets is highly dependent on the balance of market supply and demand, just like traditional markets.<\/p>\n<p>Digging into the technicals can prevent the kind of poor decision-making that led to large losses in 2022. Several times I have felt really good about buying a token based on the project\u2019s white paper and the strong narrative pushing it but found, on further research, that there were so many venture capital unlocks incoming that the selling pressure would weigh on prices for years to come. <\/p>\n<p>Boomers who are used to crunching company numbers and calculating price-to-earnings and price\/earnings-to-growth ratios can apply these skills to data from CoinGecko or CoinMarketCap. Younger generations need to learn why \u201ccirculating supply\u201d versus \u201cmax supply\u201d is important and why volume is critical.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-12\/2cd837a5-b2f4-4f86-bffe-da0d6a1c436a.jpg\"><\/figure>\n<p>Indeed, crypto projects resembling traditional value investments have held up relatively well in the bear market. Investors have become savvier about the difference between protocols that issue tokens as a glorified fundraising method and those that produce revenue and share it with holders. So-called \u201creal yield\u201d crypto projects are not dissimilar to dividend-paying companies \u2014 something boomer investors would be familiar with and perhaps drive some of their investing decisions. <\/p>\n<p>This is not to ignore the importance of narrative and community in modern investing and crypto especially. For example, decentralized perpetual trading platforms such as GMX, Gains and ApeX Pro benefitted from the pro-decentralization sentiment following the FTX bankruptcy.<\/p>\n<p>Researching this aspect requires a good knowledge of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a>, especially Twitter, which is one of the main ways to access crypto\u2019s prominent analysts, founders and degens. Investors use these tools to find narratives, assess where a narrative is in its lifecycle and gauge market sentiment in <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a>.<\/p>\n<p><strong><em>Related:<\/em><\/strong><strong><em> <\/em><\/strong><strong><em>5 reasons 2023 will be a tough year for global markets<\/em><\/strong><\/p>\n<p>But Millenials and Gen Z are not really at an advantage when it comes to using social media to assess trends because it\u2019s not new anymore. It\u2019s Web2, and everyone already knows how to use social media. In fact, youngsters turn their familiarity with social media into a disadvantage by over-valuing it as a research tool, while boomers are more likely to stick to the facts. <\/p>\n<p>Traditional investing due diligence continues to set apart the men from the boys, just as it has done throughout history. As long as it does, boomers will outperform younger generations because they do more research and tend to be more patient when it comes to investing, which leads to higher returns than younger generations, who may jump into an investment without fully understanding what they\u2019re getting into. If you\u2019re looking for someone reliable and knowledgeable about due diligence, look no further than your parents or grandparents.<\/p>\n<div>\n<div style=\"background: rgb(239, 239, 239); border: 1px solid rgb(204, 204, 204); padding: 10px;\"><strong>Nathan Thompson<\/strong> is the lead tech writer for Bybit. He spent 10 years as a freelance journalist, mostly covering Southeast Asia, before turning to crypto during the COVID-19 lockdowns. He holds joint honors in communication and philosophy from Cardiff University.<\/div>\n<\/div>\n<p class=\"post-content__disclaimer\"><em>This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts and opinions expressed here are the author\u2019s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.<\/em><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/new-research-indicates-boomers-make-better-crypto-investors\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; New research indicates boomers make better crypto investors &#8220; As a millennial, it\u2019s hard to say this, but boomers are doing crypto better. They are taking research methods used in the traditional markets and applying them to crypto projects, according to a new report from Bybit and consumer research company Toluna. The report says&#8230;<\/p>\n","protected":false},"author":1,"featured_media":532836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/6ff1b1d4-2576-46fb-80ef-efe345090dcf.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,107431,77072,74355,72366,70610,73711,73785,61514],"class_list":["post-532835","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-cryptocurrency-investment","tag-millennial","tag-adoption","tag-data","tag-finance","tag-investments","tag-markets","tag-research"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/532835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=532835"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/532835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/532836"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=532835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=532835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=532835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}