Young Australians Regret Missing $400 Bitcoin Gains
A YouGov survey of 3,009 Swyftx clients under 35 reveals over 40% of young Australians regret missing Bitcoin gains from its 2015 price of roughly $400, with comparable remorse over bypassing Ethereum. This regret ranks above missed opportunities in property and blue-chip tech stocks. Bitcoin’s 23,000% rally to about $107,500 and Ether’s strong performance amid Australia’s severe housing crisis have fuelled FOMO, driving Gen Z and millennial investors to shift from stocks to crypto—halving the gap in planned purchases since 2022. Swyftx CEO Jason Titman notes that Australia’s new crypto regulation framework could unlock significant retail capital. Meanwhile, 82% of Gen Z traders were profitable last year, averaging $9,958, underscoring Bitcoin’s appeal as a long-term growth asset and source of supplementary income.
Bullish
The survey highlights strong FOMO and regret over missing Bitcoin’s 23,000% rally and Ethereum gains, signalling elevated retail interest that may translate into renewed buying pressure. The narrowing gap between stock and crypto purchase intent suggests shifting capital flows towards Bitcoin, while clearer regulation under Australia’s new framework could lower entry barriers and attract fresh retail inflows. High profitability among Gen Z traders reinforces positive sentiment. In the short term, heightened demand driven by fear of missing out may boost Bitcoin prices. Over the long term, improved regulatory clarity and sustained interest from younger investors support a bullish outlook.