SIPs vs. 100x Crypto: Inside the Gen Z investor’s “financial whiplash”
It’s 11 PM on a Tuesday. My cousin, a 25-year-old Marketing manager from Navi Mumbai unlocks his phone. On one app, his mutual fund SIP, which he has been building up for over 3 years is up a respectable 10%. At the same time, on another app, a cryptocurrency he has never even heard of is up 400%… just today. His friend’s Instagram story is a screenshot of his 5x gains on a “penny stock” he was recommended by a “Finfluencer”.
