Cryptographic | Studies Show Young People Prefer Risky Investments like Crypto-IPO Stocks

Millennial and Generation Z are changing the perspective of global market investors who tend to be skeptical of traditional methods. These young-born individuals prefer high-risk alternative markets.
This generation is fond of several markets such as unicorn startup companies that have not yet gone public, also known as Initial Public Offering (IPO), real estate, crypto digital assets, and valuable antiques.
In a study by Bank of America (BofA) last year, it was noted that the United States (AS) population in both generations allocated more than double their portfolios to these alternative investments.
Specifically, Americans aged 21-43 are willing to allocate up to 14% of their portfolio to crypto, and 17% to alternative investments. However, stock investment instruments still hold a larger share of the total portfolio.
This phenomenon can be seen as a decline in young people's trust in traditional stocks and bonds that do not yield high profits. Therefore, this perspective differs from the common strategy where 60% of the portfolio is allocated to stocks and 40% to bonds.