Topic: Cryptocurrency is the second most popular investment in "France" - page 2. (Read 702 times)

The survey has made it so easy for everyone who is in doubt about crypto, this currency accommodates both the younger generation and old folks but the thing is, the innovation is more important to young folks because they have more time here to exploit it more, when I hear about cryptocurrency, am never shocked about it because this digital currency has proven beyond what we except, yes in the survey as it stands after real estate the next is crypto, that's to say that cryptocurrency might dominate as time goes by, with this survey, I now understand that the media is not doing us much good, most of them give fake information about crypto in other to lessen individual interest in it.

We talked a little about this last week when I was chatting with a French friend of mine. He stated that he didn't see cryptocurrencies as an investment tool due to his beliefs and as the conversation went deeper I asked him different questions. Out of curiosity, I asked a few questions about what people in France think about cryptocurrencies in general. He also told me that there wasn't as much interest as in other countries of the world and that in France cryptocurrencies were an investment tool that was preferred only by young people and was not very common.

When I examine the survey here, I think of these two possibilities;

- My friend only expressed his own opinions and indirectly lied to me about this. Which I think is highly likely because he has lied several times before while we're talking.

- Another possibility is that I think the people who participated in this survey may coincidentally be more likely to be interested in cryptocurrencies. This is of course very unlikely but there is almost no possibility that this survey could have obtained data by asking questions to all French citizens. However, since the probability of this possibility occurring is very low I think the first possibility I mentioned may be more possible.

Those who invest in cryptocurrency may be larger than those who invest in real estate, but I think that the amount of investment in real estate will in any case exceed investments in crypto. In the upcoming bull market, there will be a lot of people willing to invest in cryptocurrencies, but in a bear market, a decline will follow again and people’s interest in cryptocurrencies will subside again, everything repeats itself every time.

With cryptocurrency being the second most popular investment in France, there is a growing interest in investing in the crypto currency among the country's youth.It might be a good opportunity for those youngsters.
The French government may have taken cryptocurrency as the second most popular investment to develop deeply in their country.Several cryptocurrencies, including Bitcoin, are already legal in France.
I think investing in crypto currency is popular not only in France but also in other countries of the world investing in Bitcoin is very popular and many people are accepting it freely.

Now that sounds like a country you’ll find different cryptocurrency trading stores and a country where you’ll get a lot of advise to invest in cryptocurrency. These statistics show how far we have come in the cryptocurrency sphere. Over time, I expect to see many other countries have really competitive stats on both crypto investments and crypto usage as a whole. Meanwhile, I’m not sure if it’s possible but isn’t there a way to get the stat of what cryptocurrency they invested in?

BTW: Your link is broken as it’s showing 404 error message.

 I would not be surprised with the result of the survey since the French government is all out supportive about the cryptocurrency development. Trading and hodling bitcoin as well as other cryptocurrencies are legal in their country, and this motivates more the young generation to seize every opportunity investment when it comes to crypto, most particularly bitcoin. Its a good thing about the French government as they never limit their people to only trust fiat, but trust in crypto as well as it could create more financial security in the future when their crypto investment has paid off.

If this information isn't doctored and very accurate, then I can say that here in Africa that we have the young ones leading the cryptocurrency business and been the number one investment in the most of the countries is not really based on the increase number of unemployment but actual interest from individuals because if France where there is great employments numbers than some African countries that are limited with employment, then it's a great development in cryptocurrency.

While this is great, there should be a number of stats that shows how much some people have made in average from those years because I remember very well that in those numbers, the successful number of people that might made it out from last year to this year crypto investment will not be much because many of them know nothing about crypto volatility. In fact, many of them might have invested in altcoins and shit coins than bitcoin that is more d safer and less riskier.

Most likely that's true - but I don't know if there is a survey that can be used as a reference to find out how many people use bitcoin as currency instead investment. This may not be a problem - but the bitcoin community and users will always be able to exploit bitcoin use cases whenever they want. Until today - bitcoin is just a payment alternative for me, it is not a major currency.

We should not be surprised to find that bitcoin is mostly used for investment rather than as a means of payment. However, bitcoin adoption will continue to grow over time, especially if more and more countries are willing to legalize bitcoin as legal tender. It will take some time for many states to legalize it - but it will continue to grow as expected.

By visualizing the benefits of cryptocurrency young generation are accepting it more and more because everyone want to earn more and have better lifestyle. People from age of 25 realize well about earning and taking responsibilities therefore these youngsters keep checking a beneficial opportunity which offer them huge profit so cryptocurrency is the only way that can make their dreams true.

As millions of people are crypto users in France so may be in recent years it get permission to be use all over the world because no one can hide the good features of bitcoin. If youngsters are accepting bitcoin now with greater interest so it means that teenagers will be a part of cryptocurrency in a generation after us. Due to greater importance of bitcoin people are going to accept it and also in those countries where there is no use of bitcoin will soon follow the reason of success from other countries.

Balanced? Hmm, but there is already a statistic laid in the first post, and we can clearly see their differences in terms of popularity or demand from the public. There are some who are very close but I never see anyone there who are " equally balanced ".

There is already NFT but they are separated with crypto, despite being on the same niche. This post is impressive for crypto or to its fans, but we are not sure if this will continue like this or it'll increase more because I'm also open to the possibility that it will decline. We shouldn't be sad though, because like you said, there are still other countries out there who might have a statistic like this.

You cannot expect people to only invest in bitcoin and ignore altcoins, bitcoin is dominating the cryptocurrency market but the remaining 50% is the altcoin market. Bitcoin is the best and safest investment in the market but there is nothing wrong if someone does not choose bitcoin but chooses altcoins. Each person has a different investment perspective and mindset, if someone has little capital and is willing to accept risks to receive high profits. Investing in altcoins is more suitable for them. This survey covers the entire cryptocurrency industry, but if we talk specifically about bitcoin, I think the results will be different.

I always believe that cryptocurrency is becoming one of the most popular investments not only in France, but all over the world.
People are looking at it as a place to put their cash, and knowing that holding cash is quite useless because of inflation, some rather invest it, and it's kind of expected for me that the top 2 assets where they want to invest their money is thru real estate and cryptocurrencies.

Cryptocurrency are becoming more, and more popular maybe because of how much profit it can give to those who are investing in it. I mean volatility attracts many investors. Volatility, I believe is the main reason why many people are investing in it. The fact that you can gain way more compared to the stock market, and even in real estate is the reason why they're opting for it, but on the other hand, volatility can make your money lose quicker than other assets.

The adoption of cryptocurrencies is going higher, and higher, and I will not be surprised if in the next 5-10 years, people around the world will invest into it as well.

The survey looks legit and it is also quite surprising to see the results of the survey that crypto assets are in second place after property investment, but it says crypto not Bitcoin that they invest in other coins besides Bitcoin, and more of these coins were created only for the benefit of developers and we know how many scammers there are in the crypto world, this good development should also be followed by regulations from the government to reduce the movement of scammers who are always ready with new methods to cheat, but I am happy to see how young people are very interested in crypto and hopefully that will also happen in my country.

I see Bitcoin forecasting as an investment and not for settling payments. Therefore, you see downloads in the millions for platform applications and limited use of Bitcoin. Also, investing in Bitcoin, even if it is good, is not possible for us to know the real numbers, and the best we will find are approximate numbers from the tax data. Otherwise, some may try to say that it is He invests in Bitcoin to appear as if he is an educated person or knows modern investment trends.

This goes to show how far Bitcoin (and cryptocurency in general) has come, give it more time and Bitcoin will be the most popular investment in France and other parts of the world (on some it's already the most popular especially the 3rd world countries or those their local currency is suffering form inflation). The Real Estate business is old and trusted by both the old and young so it'll be leading the charts for now but that won't be long. Investing in Bitcoin is very convenient when compared to the other forms of investment and that's why it's growing rapidly on the younger generation as they're more into investing in assets that won't stress them and also can give them profits without having to wait years for the investment to grow.

As Bitcoin gets more popular, the adoption is inevitable and more investors will be investing in the currency which is why we're still early and it'll be ideal we seize that opportunity and accumulate Bitcoin. I don't see any other assets overtaking Bitcoin and cryptocurency investment anytime soon because the industry is constantly evolving/developing and new opportunities are been introduced into the industry that attract young investors to keep the market active. While most of them are not advisable to  participate in but still they're attracting new investors to the market which is a good thing overall.

This survey looks interesting to me. The findings as well as the investment options provided made me a little curious. Crypto assets almost making it equal with the top choice which is real estate funds? And then there's also NFTs as the top 9 most popular investment option?

These are surprising to me, to say the least. And then I also cannot find precious metals and stones like gold and silver. There are also no jewelries. And to a country which attracted artists for centuries perhaps, and has abundance of artworks, and where the city of art is located, I didn't see artworks. Surely, NFT hasn't replaced it?

Well, that is crazy I mean usually in most countries the most popular investment is either a Stock or Real estate in some cases maybe a mutual fund.

But crypto is on the top list is remarkable  . But who is dont want to invest in crypto if in some cases gate 100% profit in a year or when stake can double digit apy in a year right

Some third-world countries also have a very high adoption of crypto.
I've looked at the charts and a lot of developing countries are doing well when it comes to crypto adoption if the reports are to be believed. The reason a lot of them go into crypto is because they have found an alternative. They live in countries where there is a high rate of unemployment and a high rate of inflation, so in their quest to break out the circle of poverty, they go into crypto.

Looking at that chart OP posted, it just got me thinking. A decade ago, many young people didn't have investments. This was because the investments were expensive and you have to have saved a lot of money before you can go into them, plus they were complicated. That is why it was mostly older people who had financial investments.
Today a lot young people have the opportunity to own an investment thanks to crypto.

I believe with time, crypto would top Real estate as the most invested asset in France,  in addition to the whole world if the survey should be conducted globally.

It is not two decades, since crypto came into existence, and it is topping some of the investment assets that have stayed for a long. It feels so good to know, that even the most topped investment(real estate) is just a few percent (1.3%) above it when compared with others that fall below.

I am much expectant of this to happen to other countries that would make crypto legal in their country. I don't think there will be any country where its citizens would know the importance of having crypto as another investment tool that won't have a good number of them investing in it

Without a doubt it is an interesting survey, however it is also important to be careful how we interpret the data, while the popularity of cryptocurrencies seems to be increasing and a higher number of people are investing in them, this does not mean that a proportional amount of money is coming to this market, as they could be investing just a small portion of their savings here in order to diversify their portfolios, while the rest goes towards other investments.