Why have Millennials Given Up on Homes in Exchange for Crypto?

Crypto is gaining an edge against robust traditional assets and properties in this tech-driven world.

Crypto popularity is growing all over the world; however, younger generations are more likely to become crypto investors. According to Investopedia's Financial Literacy Survey of 2022, cryptocurrencies are the most popular investment among millennials (age 26-41).

In comparison to others, younger investors think that cryptocurrencies will provide the best return on investment over the next decade. The question is, are they investing in crypto by choice or are there other reasons?

How challenging is it to get on the property ladder?

Real estate investment is generally considered one of the most reliable investment opportunities bringing numerous benefits. Well-chosen assets can provide passive income, stable cash flow, tax advantages, and help to diversify and leverage.

While there are ways to become real estate investors without buying a property outright but rather by investing in Real Estate Investment Trusts (REITs), many first-time buyers are looking for a home rather than just an investment opportunity. However, the proportion of millennials that can afford to buy a home is substantially lower than it would have been 30 years ago.

House price inflation rose at an incredible pace with salaries not keeping up with it, making it increasingly difficult and expensive to buy a home. Recent online discourse has shown that millennials feel misunderstood by older generations. Boomer assumptions miss out on the challenges that younger generations are facing in today's property market.

Food for thought: if all item prices rose at a similar rate to property prices, a kilogram of bananas would cost £10. An average annual salary should be around £100,000 in the UK, while currently, it is just over £30,000, making property just a dream for many young people.

How can cryptocurrencies help millennials achieve financial wealth?

There are several ways to approach the crypto market anywhere from short-term trading to profit from market volatility to long-term holding. For a better chance of successful returns, research and analysis is highly recommended by many crypto experts. Even if you have a small budget, it is possible to earn exceptional amounts of money with potentially successful cheap tokens.

Presales are one of the popular effective methods that have brought great historic profits to early investors. It can be difficult to navigate the market with so many new coins being launched daily, but once you do your research and evaluation, you will see which new crypto projects are a promising investment.

Why is Mushe Token (XMU) a good investment?

Mushe Token (XMU) is a decentralised cryptocurrency initiative that enables peer-to-peer connectivity. Its primary objective is to be a one-stop destination in the cryptocurrency ecosystem. This new cryptocurrency aims for seamless interoperability, boundless scalability, and a community-driven structure.

The Mushe Ecosystem relies heavily on the native governance token XMU. It ensures a smoothless user experience, as well as liquidity and incentives. Currently being created on the Ethereum blockchain, Mushe Ecosystem plans to transition to Stellar's open network because of its outstanding reputation for cheap transaction fees and accessibility in underbanked areas of the world.

Recently released in presale, the XMU token's initial price was set at $0.005, but has already seen an impressive increase and is currently at $0.024 with expectations to rise much further in the upcoming weeks.

While everyone's goals are different and some might prefer to invest in property, stocks, or other assets, cryptocurrency is worth considering. Mushe Token's (XMU) presale is a great opportunity for those looking to start their crypto journey or diversify their portfolio.

For more information about Mushe Token:

Presale: https://portal.mushe.world/sign-in

Website: https://www.mushe.world/

Telegram: https://t.me/musheworldXMU

Twitter: https://twitter.com/Mushe_World

Instagram: https://www.instagram.com/mushe_world/