Crypto usage across different age groups

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wolf2020Senior Member
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#1Oct 13, 2020, 04:19 AM
So, which age group is the biggest crypto user? Is it kids, teens, young adults, adults, or seniors? Are there any studies out there on this topic? Personally, I think seniors are the least likely to get into crypto. Kids probably use it even less than young adults do. And when you look at gender, it's clear that guys are way more into crypto than girls. That's just how it is. But keep in mind that demographics can shift, especially as crypto gains more traction in the future. Would love to hear your thoughts on this. Thanks!
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pixel2014Hero Member
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#2Oct 13, 2020, 08:56 AM
Yes, there were studies about it if you search about online or if you use AI to get the information. Youngest adults use crypto the most, as the age increases, there is decline in the crypto usage. After it is getting above the age of 45, the crypto usage reduced more. Most older people starting from the age of 65 are mostly not using crypto, but few among them use it. I believe this will change as millennia get older. I get this information from AI after I have typed what I have above: Age group   Relative crypto usage   Typical trend 18–24   Very high   Highest adoption; many are first-time investors and active users. 25–34   Highest   Often the largest group of crypto owners and traders. 35–44   High   Strong adoption, often for investment and diversification. 45–54   Moderate   Lower participation than younger adults but still significant. 55–64   Low   Adoption drops noticeably. 65+   Very low   Smallest share of crypto users.
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silentchainHero Member
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#3Oct 13, 2020, 12:14 PM
I'm not really sure if there are data to back up any claims on which any demographics. But I will guess that it could be mostly young people, or at least those who might have a good job and around their 30's. Reason for me is that obviously crypto is fairly young and barely 15 years old. So it could be attracted to young generations who wants to make a lot of money as early as they can so they can also retire very early and enjoy their lives.
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mike42Full Member
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#4Oct 13, 2020, 04:34 PM
To make the data cleaner & more presentable for readers: No. | Age Group           | Relative Crypto Usage     | Typical Trend   | ── | ──────────────────── | ──────────────────── | ────────────────────────────────────────────── | 1 | 18 - 24 | Very High | Highest adoption, many are first-time investors and active users | 2 | 25 - 34 | Highest | Often the largest group of crypto owners and traders | 3 | 35 - 44 | High | Strong adoption, often for investment and diversification | 4 | 45 - 54 | Moderate | Lower participation than younger adults but still significant | 5 | 55 - 64 | Low | Adoption drops noticeably | 6 | 65+ | Very Low | Smallest share of crypto users |
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jake365Full Member
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#5Oct 13, 2020, 09:27 PM
Young people tend to be native with any new technology as they grow up in world where majority of their communication is based on it. They are also constantly facing new tech and new platforms when their peers are looking for their own space that's not yet plagued by older people and parental cringe.So they are more familiar with cryptos as well. Age-gap on crypto is probably narrowing down, because cryptos are older as well. Older people are less motivated to learn about new unnecessary tech for them. That's been the case for everything in tech. But it's not like younger people would fully adopt cryptos either, because they don't need to. It's not mandatory for their lives or social circles. It's for groups who feel that they benefit from it somehow, and reasons vary from practical to delusional, so some of those people are in for a rude-awakening when they realize that cryptos didn't fix their issues.
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w0lf404Hero Member
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#6Oct 13, 2020, 11:06 PM
Crypto users cannot be identified with simple approaches, especially counting the number of users on services without KYC. The scope may need to be narrowed, such as the number of exchange users by age, as a concrete and nearly accurate database would be available. Unfortunately, children would be excluded from this category.
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ryanminerFull Member
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#7Oct 14, 2020, 12:39 AM
The information you provided is correct, and this is the percentage of demographics of users by age and gender These are the crypto Adoption Statistics for 2026. For a complete list of statistics like You can check this link; Crypto Adoption Statistics
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#8Oct 14, 2020, 02:00 AM
There is no any compressive data about this demographics not even when the population we are talking about is not narrowed down to any country or region or geological segment.trying to test the population in a world wide view is a challenging one for any one but based on the relative data not comprehensive data we have seen is the most active group is the young adults between the age of 25 to like 35 or 37. Any thing which crossing above 37 to 40 and above are not as friendly as the young adults. Also when you look at the age range below this age bracket, they are aware of the crypto but not many of them have the financial resources to make good use of the investment yet and it’s why I think they are also one of the most active which participated in the tapswaps and other altcoin mining projects then.
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SilentGuruSenior Member
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#9Oct 14, 2020, 03:34 AM
Crypto is really popular among young people, meme coins really do attract curious young minds into crypto even if it also brings bad effect to crypto. But it is interesting how millenials are the highest crypto adopters by the demographic comparison. Maybe because they already have a good income and thriving career they want to push their capital growth further through crypto which is considered very promising on its return of investment.
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orbit100Hero Member
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#10Oct 14, 2020, 06:15 AM
Interestingly enough, if we're talking about my country it seems like the gender ratio is quite balanced. I'm not sure if it has changed since the data probably skewed a lot towards some specific demographics though. It also tells the same narrative that people under 35 is where crypto sees its massive user base. Interesting to see whether the same thing can be said 10 years later. Even more interesting is what will happen when those 35 y.o. starts governing the nation later. Will they shift their stance towards crypto or will they continue to keep its access limited.
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mike42Full Member
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#11Oct 14, 2020, 10:55 AM
I’m curious about that too, IMO, their stance won’t change. Those born during the transition period between Gen Y (millennials) & Gen Z possess a unique perspective, they will stand by what they believe to be right. Just look at our vice president & his work programs related to technology & crypto. Although it's not yet excellent or ideal, it could be a good sign for the crypto industry's future.
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wolf2020Senior Member
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#12Oct 14, 2020, 02:17 PM
Crypto is still new to the world, so not everyone will be used to it. While old people are reluctant to adopt something as novel as crypto, things could change in the future. Today's young generation (which is digitally-native) will be the old generation of the future. Which means, old people in the distant future will be using crypto as well. And don't get me started on gender. Females would most likely catch up with their male counterparts, as crypto's popularity rises. At the time of this writing, only humans use crypto. No matter the age or gender. But robots or AI? That's something I'd like to see over time. The future holds many surprises, so anything's possible.
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