In a press release shared with Cointelegraph on September 10, eToro cited a generational investment survey conducted July 18-31 this year among 1,000 online investors in the United States. Respondents aged between 20 and 65 represented the Z generation, the millennium generation and the X generation.
The survey found that more than two thirds of US-based investors. UU. They fear a recession and consider converting part of their share portfolios into safer investments or covering themselves with crypto assets, commodities or real estate.
Millennials favor crypto assets
Among survey participants, 40% of millennials said they would prefer to invest in crypto assets if a recession occurs, while 50% of Generation Z representatives responded that they would choose real estate. As for Generation X, 38% said it would be covered with commodities. Guy Hirsch, managing director of eToro U.S., said:
"We believe that, if there were a recession, we would see a decrease in stock portfolios and growth in other asset classes such as cryptocurrencies, as well as new models of fractional ownership. Historically, these investment opportunities have been limited to investors. institutional and high assets, but innovation is unlocking these opportunities for everyday investors and, clearly, these results indicate that demand is there. ”
Fractional ownership makes its way
A recession allegedly would provoke investors' interest in fractional ownership and new asset classes, where 92% of those most concerned about a recession said they would own fractions of famous works of art, iconic buildings and new private companies, among others. types of investments. Of all respondents, 55% said they would sell a portion of their portfolio of shares to finance their investment in fractional ownership of these new types of assets.
According to Hirsch, investors want more freedom than the current financial status quo allows, which would help involve younger investors.
A recent Huru India survey showed that people with high net worth in India are more likely to invest in Bitcoin (BTC) than other cryptocurrencies. Digital currencies were the fourth most preferred asset overall, although almost half of respondents did not know what cryptocurrencies are.
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