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Video length: 3 min
Cryptocurrencies are on the rise among teenagers
Although prohibited for minors, cryptocurrencies are enjoying growing success among adolescents and young adults. Among 18-24 year olds, 15% would have succumbed.
(France 2)
Although prohibited for minors, cryptocurrencies are enjoying growing success among adolescents and young adults. Among 18-24 year olds, 15% would have succumbed.
Risky, volatile, and sometimes very rewarding. Cryptocurrencies even attract teenagers, seduced by talk of success on social networks. Will these digital currencies become the Eldorado of Generation Z, aged under 25? Purchasing cryptocurrency is prohibited for minors. Which doesn’t stop some people from getting started. “We are very discreet”confides a 17-year-old high school student who inquired with friends before also trying his luck.
“Lots of adrenaline”
Mathias Vallet is not his first attempt. He started at 19, attracted by the lure of profit, but not only that. “As soon as we see rising curves there is a lot of adrenaline but we always try as much as possible to eliminate emotions in order to make reasonable decisions to help our assets grow”, he confides. Thanks to his earnings, he was able to finance his studies. Like him, 9% of French people succumb to the charms of the cryptosphere. They are even 15% among 18-24 year olds.
