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Rich with crypto: the new group of people with money

A new generation of people with deep pockets has arrived. They got rich through crypto.

Starting a successful business, taking a stake in a firm at the right time, or building a huge career. All existing ways that are known with which you can become rich. In 2021 a new group has been added. The group that got rich with crypto.

Investing in Bitcoin, Ethereum or any other altcoin at the right time. Because you know what you’re doing, or by dumb luck. The latter looks a bit more like a slot machine: buy altcoins in the hope that one will explode. A bad strategy by the way, because the chance is much greater that you lose a lot of money.

According to the Jefferies Group, an American multinational independent investment bank and financial services company, there is an emerging group of young Americans who buy luxury goods. They buy clothes or accessories from luxury fashion houses such as Louis Vuitton and Gucci, but you also see that large-scale investments are made in NFT art.

An interesting development, in the midst of a crisis. Globally, the crisis has not yet given out any really big hits on the stock exchanges and on crypto. But what is not can still come. The grass can’t always be green, of course. (via Business Insider)

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