Psychologists say that adolescents and young adults take
more risks than any other age group. Perhaps this is why about one
in five (21.2%) college students receiving financial aid to pay for
their education have invested these loans in a cryptocurrency,
according to a recent survey by The Student Loan
Report, a website for student loan information.
Some Basics Facts About Today's Popular
Cryptocurrencies
According to numerous financial metrics, cryptocurrencies
constituted one of the hottest investments of 2017, especially for
young Americans. In the summer of 2017, these digital assets
reached a combined market capitalization of $100 billion, split
among bitcoin ($45 billion, or 40.1%), ethereum ($31 billion, or
28.3%), ripple ($12 billion, or 11.04%), litecoin ($2 billion, or
2.2%), ethereum classic ($2 billion, or 1.71%), nem ($1.7 billion,
or 1.5), Dash ($1.3 billion, or 1.2%), and over 800 other
currencies with market caps ranging from $1,000 to $800,000. Crea
