Cryptocurrency has become the preferred method of saving for 87% of students' parents

According to a survey by Intelligent.com, 87% of parents who raise funds to pay for their children’s education invest in cryptocurrencies.

Out of 1,250 parents surveyed, the majority consider digital assets to be a reliable investment method and believe in increasing their investments in the future. More than 50% of respondents hope that cryptocurrency savings will cover at least half of their children’s university education costs. About 41% of parents (out of 87% of those who have invested in cryptocurrencies) have invested $ 10,000 or more in digital assets, all for long-term benefits.

The most popular cryptocurrencies for saving among the respondents are: Bitcoin, Ethereum, XRP, Tether, USD Coin, and Dogecoin.

Obviously, students' parents are among the long-term holders of cryptocurrencies. Recently, it became known that 80% of bitcoin turnover is in the hands of long-term holders (LTH). Long-term holders are investors who have been holding cryptocurrency for at least 6 months. Long-term holders usually invest in cryptocurrencies during market downturns, expecting to make a profit in the long run. It is LTHs that usually create strong support for the bitcoin market bottom.