Research reveals baby boomers, retirees invest in cryptocurrency
Terry and Justine Sanders are not typical cryptocurrency investors.
The couple could be part of a small but growing number of senior Australians turning to crypto in a high-risk attempt to boost their retirement savings.
The pair, from Sandgate, bayside Brisbane, said they bought $48,000 worth of Bitcoin in 2019.
They said they made almost half a million dollars after cashing out four years later, which Ms Sanders said had changed their lives.
“We don’t tell most people our age that we are doing crypto,” the 79-year-old said.
“The few that we told thought we had absolute rocks in our heads.”
After their success, they felt like that was going to change.
Terry and Justine Sanders say they made a life-changing investment in Bitcoin. (ABC News:…
