4 cryptos that appeal to investors over 40

With thousands of cryptocurrencies out there, it can be hard to find the right cryptos that appeal to investors over 40 years of age. It’s no secret that Gen X and boomers are investing less in crypto than younger generations. 

Older investors who might be more skeptical of digital currency should look to asset-backed cryptos as great first-time investments in the crypto world. Below, we’ll get into four of the top asset-backed coins!

4 cryptos that appeal to investors over 40:

1. Bitcoin | BTC

https://bitcoin.org/

It’s no surprise that Bitcoin is at the top of this list, given that it’s been around longer than any other crypto and is the coin with the largest market cap. Bitcoin appeals to older investors because it has seen the most institutional interest. 

As a result, it plays a significant role in shaping the cryptocurrency industry. Bitcoin has been embraced by both politicians and celebrities, and it is often the first crypto that businesses choose to accept as payment. 

While Bitcoin’s price is still volatile, all this interest shows that it could lead the way for crypto’s mass adoption someday in the future.

2. USD Coin | USDC

https://www.centre.io/usdc

USD Coin is one of two popular stablecoins in the market backed by the U.S. dollar, the other being Tether. While Tether has a higher market cap, USD Coin is a better choice for cryptos that appeal to investors because Tether recently suffered a lawsuit about whether it’s fully backed by the dollar. 

USDC is a safer crypto investment because it is monitored by state regulators who ensure each coin is backed by one dollar. This appeals to both businesses that wouldn’t otherwise accept crypto as payment and people looking for less volatile investments. 

Recently, some predict that USDC will surpass Tether to become the stablecoin with the largest market cap.

3. Ether | ETH

https://www.ethereum.org/

As the cryptocurrency with the second-largest market cap, Ether is another excellent option for cryptos that appeal to investors who are older. Ethereum, the company behind Ether, is responsible for developing smart contracts, a technology used across dApps, DeFi, crypto, and NFTs. 

Ethereum is currently in the middle of rolling out its network upgrade, Ethereum 2.0, which will change the system to proof-of-stake and make Ethereum cheaper and faster to use. This move is expected to boost Ether’s price, with some experts predicting it could go up as high as $12,000.

4. ProShares Bitcoin Strategy ETF | BITO

https://www.proshares.com/strategies/bitcoin/

Last on this list is an exchange-traded fund that invests in Bitcoin futures (not Bitcoin directly). This is a good option for investors over 40 to consider because it’s accessible through conventional brokerage accounts, less volatile, and more efficient for filing taxes. 

The BITO ETF launched in 2021 and is the first U.S. ETF based on crypto. In its first two days, it gained $1 billion.

Why should you invest in crypto tokens?

Investing in cryptocurrency is essentially an investment in new forms of technology. The companies behind cryptos are tech companies finding innovative ways to use blockchain and smart contract technology in everyday life. 

Many investors over 40 are skeptical of crypto because they see it as a risky investment. But finding less volatile cryptos that appeal to investors can help minimize risk while still allowing them to enjoy the benefits of crypto.