Young South Koreans Invested in Cryptocurrency For Hope

[Crypto]

Over the past six months, the vast majority of South Korea’s youth and millennials have invested thousands of dollars in the cryptocurrency market, with hopes to make big returns in the short-term. However, the massive market correction that occurred in January led most of the investments of South Korean millennials to decline by half

Read more at : https://www.currencytimes.co.in/young-south-koreans-invested-in-cryptocurrency-for-hope/

[laughingburger]

Over the past six months, the vast majority of South Korea’s youth and millennials have invested thousands of dollars in the cryptocurrency market, with hopes to make big returns in the short-term. However, the massive market correction that occurred in January led most of the investments of South Korean millennials to decline by half

Read more at : https://www.currencytimes.co.in/young-south-koreans-invested-in-cryptocurrency-for-hope/

This is quite normal i think, since they are looking for a short term high return when the market make a turn definitely more than half of them will leave the market only those looking for long term will still stay in the market, all the markets have a cycle and you will only profit in short term if you go in at the right time in the right cycle period or you hold long term.