The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Different Generations Prefer Litecoin, Ripple, Ethereum and Bitcoin as an Investment

by Daily Hodl Staff
March 30, 2018
in Altcoins

If someone handed you a big wad of tax-free cash, would you buy more crypto? A new study reveals how many people would jump into the cryptocurrency market, which coins they would buy and how age impacts the decision.

LendEDU asked 1,000 random people how they would invest a hypothetical tax-free $10,000 in 2018. Their choices included an array of possibilities: real estate, the stock market, high-yielding savings account or CDs, peer-to-peer loans, 401(k) or Roth IRA, personal education, a child’s education, paying down debt on loans, small business development, or none of the above.

A total of 5.1% chose cryptocurrency, edging out 3.2% of respondents who answered “Invest in my education.”

Topping the list of options was “Pay down debt” with 27.3% of respondents selecting it as their preference, followed by “real estate” with 13.5%.

Virtual Currencies

Source: LendEDU

Of the 5.1% respondents who preferred to invest in cryptocurrency, Bitcoin, despite its recent bear run and extreme volatility, was the top selection, with Ethereum second, Litecoin third and Ripple fourth.

Responses reveal that preferences change according to age. Ripple, for example, with a lasting perception as “the banker’s coin” as opposed to the people’s coin, is a desirable investment for only one generation: baby boomers (55+).

  • 66.67% of respondents answered “Bitcoin” (76% Millennials, 60% Generation Xers, 54.55% Baby Boomers)
  • 15.69% of respondents answered “Ethereum” (12% Millennials, 20% Generation Xerx, 18.18% Baby Boomers)
  • 9.8% of respondents answered “Litecoin” (12% Millennials, 6.67% Generation Xers, 9.09% Baby Boomers)
  • 1.96% of respondents answered “Ripple” (0% Millennials, 0% Generation Xers, 9.09% Baby Boomers)
  • 5.88% of respondents answered “Other” (0% Millennials, 13.33% Generation Xers, 9.09% Baby Boomers)

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • DoubleUp : A new generation of GambleFi
    May 13, 2025
  • MoonX: BYDFi’s On-Chain Trading Engine — A Ticket from CEX to DEX
    May 13, 2025
  • Canelo Álvarez Joins 1win as Global Ambassador After Historic Title Victory
    May 13, 2025
  • AB DAO and AB Charity Foundation Join Forces To Build a Trustworthy Infrastructure and Promote Global Philanthropic Transformation
    May 12, 2025
  • Sonic Labs Announces $10 Million Token Sale to Galaxy for US Expansion
    May 12, 2025
  • New Purpose-Built Blockchain T-Rex Raises $17 Million To Transform Attention Layer in Web 3.0
    May 8, 2025
  • Flipster Makes Esports Debut As Official Crypto Exchange Partner of TALON’s Dota Two Team, Powering a New Era of Fan Engagement
    May 7, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$103,762.80
$103,762.80
0.49%
Ethereum
$2,539.49
$2,539.49
0.88%
BNB
$656.06
$656.06
4.42%
Solana
$174.86
$174.86
1.28%
XRP
$2.54
$2.54
2.7%

Spotlight

  • Bitcoin Transitioning From Risk To Hedge Asset As Institutions and Governments Adopt BTC, Says Bitwise CIO
    May 6, 2025
  • Vitalik Buterin Warns Ethereum Has Become Needlessly Complex, Calls for Mass Simplification of Chain
    May 6, 2025
  • Bitcoin Has ‘One Final Leg’ of Outperformance Before Altcoins See Boost, According to Crypto Analyst
    May 6, 2025
  • Matt Hougan Reveals Massive ‘Base Case’ Price Target for Bitcoin by Year-End Despite Potential Political Threats
    May 6, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl