Young investors are abandoning stocks for crypto — and making millions

By Brooke Kato

Is cryptocurrency financial kryptonite? The younger generations don’t think so.

Gen Z and millennial investors are flocking to buy shares of cryptocoin, such as Bitcoin or Ethereum, with the hopes of winning big. Cryptocurrency — which is a type of digital file that can be used as money, based on blockchain technology — is not controlled by any centralized entity or government, and is nearly impossible to trace.

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