The psychology of investing in cryptocurrencies and the excitement of investing in the digital world:

At the moment of investing, the influence of the cryptocurrency of interest and its reliability plays a very important role, since it is not a speculative cryptocurrency.

The person who wishes to invest is subjected to many variables that afflict him.

Among them are the common subconscious trust, information speculation, uncertainty, political decisions, decisions of big businessmen, etc.

For small and common investors this becomes a psychological odyssey that generates great emotional impacts that can lead them to make big mistakes or big decisions.

There are different types of cryptocurrencies and all of them have names that could well refer to spaceships or those rockets that, supposedly, will take us to Mars in ten or fifteen years.

Although the truth is that if these trips to other planets are controversial, these cryptocurrencies of the digital world are even more so.

The truth is that the universe of these digital currencies is immense and there are many types of people involved in the pie.

The news that two brothers of 9 and 14 years old earn more than 25,000 euros per month mining bitcoin, ether and ravencoin went viral.

The terms (to the uninitiated) sound worthy of science fiction. However, we are even more curious to know what drives these children, young people and adults to move so skillfully in worlds where uncertainty prevails.

Cryptocurrencies and their use have been the focus of psychology's attention for some years now for several reasons. The first is because of the impact it is having on part of the population.

The second is to understand what type of people, on average, make use of them, assuming risks that are difficult to delimit.

Cryptocurrencies, such as bitcoin, are almost a religion for many of these people. They evolve according to their own rules and a whole terminology has been generated around them.

The very culture of cryptocurrencies is in many cases the great attraction for their users. It is a way of immersing oneself in another way of life to which to dedicate time, effort and dreams.

The thrill of volatility:

A little over a year ago, the Hong Kong Polytechnic University and the University of Lethbridge conducted a study attempting to answer a question.

Are people who invest in cryptocurrencies different from those more classical and traditional people who prefer the traditional stock market to make their investments? It seems that they are.

On average, those who invest in cryptocurrencies have a personality focused on seeking novelty. They also have a greater tendency towards gambling behaviors.

On the other hand, it is common for them to form communities on social networks and to be users of Twitter, TikTok and Reddit, spaces that tend to reinforce the popularity of cryptocurrencies.

In addition to this, they are defined by the excitement that the image of volatility of this type of currency arouses. Today they can be worth a lot and tomorrow they can lose all value. That sense of risk and excitement is attractive to them.

Bitcoin fever, millennials and the hope of striking it rich:

The gold rush started in 1848 and lasted until 1960, spreading across several continents. Thousands of people migrated to California, Yukon, Alaska, Mexico, Nevada, Oregon, Australia or New Zealand driven by a primary need: to get rich with this mineral.

Today, cryptocurrencies put technology at the service of people so that whoever wants to, can take the leap and have the "possibility" of getting rich.

Enthusiasm for cryptocurrencies is high among millennials. In a way, cryptocurrencies offer hope in the face of the current lack of employment opportunities.

We will see if, with the advent of blockchain technology and this new way of investing around which a whole subculture has been created, it has some kind of psychological impact. For the moment, studies are inconclusive.

The world of cryptocurrencies is booming and will henceforth be showing psychological and sociological impacts on the world's most vulnerable population.

The world of cryptocurrencies has a lot to contribute by generating wealth and well-being for people.