Gen Z's Risky Crypto Obsession: Investing Younger and FOMO-Driven

Cryptocurrency is the most common investment among Gen Z investors, with 55% currently investing in it, according to a joint report from the CFA Institute and Financial Industry Regulatory Authority's Investor Education Foundation. However, experts warn that using crypto as the linchpin of an investment portfolio is a risky bet due to its volatility. Gen Z investors should limit their exposure to crypto and consider it as a long-term investment meant to be held for at least 10 years. They should also diversify their portfolio to manage risk. The SEC has sued Coinbase and Binance for allegedly selling investment securities while not being registered to do so.