Why Bitcoin Investors Are Dominated by Millennial Generation

One of the bitcoin users who are students at the university in Bandung, Muhammad Avenzoor recounts his experience exploiting the potential of bitcoin. Aven, his nickname, said his interest in bitcoin was caused by at least the existing regulations compared to stock investments and other instruments.

"But the risk is big, bigger than stock anyway," Aven told Tempo on Monday, January 8, 2018.

In addition, Aven claimed to be able to generate quick profits. By 2016, he earns at least 25-30 times the income. But that quick profit, along with high risk too. "But the same loss is about 15-20 times. Easy come, easy go, "he said.

To release it, Aven said, the user must sell it in rupiah exchange rate. "Living in sell to the rupiah, right there will be supply demandnya, if already sold to stay transferred to the bank. Fifteen minutes already nyampe if a little bit, depending on traffic. "

To analyze price developments, Avenzoor uses technical analysis (by calculating trends mathematically or statistically) and fundamental analysis (by reading news or sentiments). In addition, cryptocurrency also has no minimum limit. "If the stock is minimum per 1 lot aka 100 sheets, so buy stocks that cost Rp 50 thousand, must have Rp 5 million because at least have to buy 100 sheets, but if in cryptocurrency can buy anything," he said.

Previously, Director of Digital Financial Innovation Financial Services Authority (OJK) Fithri Hadi said Bitcoin can be called an asset today, because viewed from technology adopted very advanced and easy. "Bitcoin is his current asset."

Hadi also assessed when viewed from the technology, the presence of Bitcoin very useful, especially disegi efesiensi. However, due to the absence of regulatory regulation, Hadi hopes that people will know what Bitcoin is before participating in the digital asset collection.

Bitcoin Indonesia CEO Oscar Darmawan called the average member of Bitcoin. co. id is milineal or student. "The average student," Oskar said in Jakarta Wednesday, December 13, 2017.

Oscar said the member Bitcoin.co.id has reached 700 thousand in Indonesia. Bitcoin.co.id is an online page for the market for buying and selling digital assets. "We have 700 thousand members and are identified," he said.

Most members, said Oscar, are young people who understand the digital market assets. "Many people who have not understood with Bitcoin, eg Bitcoin.co.id is not a company that issued Bitcoin," he said.