Topic: Cryptocurrency is the second most popular investment in "France" - page 3. (Read 594 times)

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.

The current younger generation or millennial generation and generation z have found it easier to get information about Bitcoin, so there are many of them who like Bitcoin and have also made the decision to become cryptocurrency investors. Those who often like Bitcoin and invest through Bitcoin also have a very good influence there so I wouldn't be surprised if research on cryptocurrency investment would focus more on Bitcoin in parts of Europe there.

You do got a solid point on which im really that agreeing upon because of the current era that we do have today on which information could really be easily be exposed or would really be passed up then it wont really be that shocking that it would really be that so easy to scatter out when it comes to those things and its true that oldies wont really be giving a damn interest into something that they arent aware of. Some might really be that open minded to welcome some new things or innovations but most of them would really be sticking into the things on which they are really that knowing or simply sticking on which they do know that it is really that legit or something that they've been get used to and doesnt welcome with those new things that surface around but well its their choice.

Making up some survey on specific targets then of course you could really expect that young people would really be having that kind of approach on which cryptocurrency would really be indeed
neither be first or second of their priority on engaging into. We cant really deny that when it comes to profits or returns then this one wont really be that a bad choice
either. It is really just that a matter of risks taking on what are the things that you would gonna do on the time that you would really be dealing
with it.

it could be because new investors they say invest in crypto-assets and NFTs. these are not specific though, they could mean play to earn games. the reason why they invested back in 2020 was because they wanted to diversify their portfolio and 2nd was that they believed in better returns. the most interesting part is that these new investors as gamblers. 

the file says 9% of French people own crypto-assets but which is it really, 8,456 people were interviewed by Audirep survey institute or the whole French population?

I still think that it is a very equally balanced one but we should add in NFT with crypto too, maybe they are not coins but they are still in the crypto world, which means if you add 9.4 with 2.8, you get 13.2, and make it the biggest investment they have.

I mean surely NFT is not the same as investing into bitcoin, but getting ape nft or ape token is the same thing in the end and they are both crypto to me. This is why I believe that young people of France are investing into crypto more than anything else. This is a good indicator for the future, it should be noted that we are going to see more and more from other nations as well and eventually every nation in the world will have these type of rates on their young people.

Like I said, even if you ran this survey across all countries and targeted young people, the results would still be the same. Because it is understandable that young people are being exposed to more technology and they will almost certainly choose online investments like bitcoin.

I wouldn't be surprised because I'm seeing it right in my own country. My friends or brothers, most people know about cryptocurrency and most of them are already a part of the market. Investing in gold and real estate was the choice of older generations like our parents, and now bitcoin and cryptocurrency will be associated with our generation.

Today's young generation is more exposed to the digital world and they will also look for anything that will provide better income through Digital.

Crypto is one of the best for investment, young people who enter and learn about crypto realize that this is their chance to be able to make a lot of money easily without building a big business.

Surveys like this open our eyes to how the development of Bitcoin and crypto is increasingly in demand.
Even those who are retired and only receive their retirement salary are starting to turn to crypto and buy some Bitcoin assets for their long-term investment.

Bitcoin and crypto now cover all circles and are one of the most popular investment platforms in any part of the world.

Same as this we can see the rest of the world through proper awareness. Being one among the first world country makes it easy achievable. The young generation are much connected and they have got access to learn and know better about technology. Few more countries will have the similar results if surveys were taken. In third world countries people get into it without proper understanding and the same could turn against them losing their investment. This is the problem why we don't see much of investment preference from the third world countries towards cryptocurrency.

I would have be surprised if the results was not the way it is. There is a rapidly growing popularity about Bitcoin and cryptocurrency. If you ask me, I'll tell you that the demography that is solely responsible for this is the young one, - the millennials and the gen z. I propose that this survey should be done in 5other European cities and you'd be surprised that the outcome will still be that Bitcoin investment remains the most popular among younger people.

We can't expect everyone to appreciate this market. No wonder they are among the first world countries.
As they are open to this market, they will reap the benefits that come with it, which is actually good for the crypto adoption.
With their open approach towards this tech, this country will be a very good hub for crypto-related businesses.

France has been open to cryptocurrency for a long time, so I'm not surprised by that, to be honest. But it's still a good step they took; it just means that cryptocurrencies are so highly regarded, and France probably also saw the good it brings to their subjects and their country.

I hope all countries will be like this, as France did. Just think that most people who live in a country have a deep idea about cryptocurrency. I am pretty sure that it will greatly reduce the average percentage of unemployment.

No surprise there really, crypto is a much more accessible investment option for a younger audience compared to others afaik (and in my experience as well), heck even younger than the ratio here of 36. It's also probably why it's so prone to scams and people telling not to get into it since it's described as a "scam" by others. Simply because it's much more tackled/discussed in a lot of settings compared to others in a much broader range. It also doesn't help that you need a certain amount of level of income to even enter other types of investments like real estate.

Afaik there's that possibility where you co-invest with others, but heck, I hardly doubt people would even know of it in the first place compared to crypto which has already reached out to a big audience.

This is a legitimate move from them. Knowing how hard it is to penetrate the traditional asset classes when it comes to investments nowadays, spearheading into cryptocurrencies and making it big on the said realm is the best move. Good to see that there are youths that are already involved in investments as early as now and not every youth is destined to be mindlessly consuming media in every form.

Though of course, they should use cryptocurrency investments to break through the traditional assets as well. This is to ensure that they have diversified their assets and that they also have investments that can easily be accepted by a lot of people.

I'm not really surprised by the results of these statistical data, well we all know that cryptocurrencies are really attracting the world's attention at the moment, many young people understand cryptocurrencies better than stocks or other investments such as property and so on. Francis is one of the countries that has young people with good thinking, so they will definitely prefer investing in cryptocurrencies. Apart from that, the financial literacy of Francis' young people is quite good, hopefully more and more young people around the world will invest in Bitcoin and altcoins.

This only means that many already trust cryptocurrency and many are now knowledgeable about it.
This is a good sign actually and yes most probably many want to control their own money now and they already knew where to put their money. Hoping that my country will also adapt and use cryptocurrency as one of a good investment to date, cryptocurrency is growing more as expected.

it is almost part of our culture here in my country to not invest because we believe too much in the act of saving money in the bank

i couldn’t even find statistics highlighting what are the most popular investments in my country all i found are articles advising people to invest and even with those articles, cryptocurrency is usually not part of the top 10 advised investments for the people in my country there has been an inclination of people investing in cryptocurrency but i do know that there’s still a significant lack of interest and information about cryptocurrency in my country

These stats about crypto in France are pretty fascinating! Makes me wonder how the crypto scene stacks up in other parts of Europe.  I know crypto is a big deal in the US, but I'd be curious to know if France is ahead or behind the curve compared to places like Germany, Spain, etc and  have you seen any interesting comparisons between countries over there? The crypto wave definitely hits different regions in different ways.  It's always cool to see how much various cultures embrace (or don't embrace) new technologies like this.

It’s a sign of changing times & that people are sick of having their net worth devalued by a reckless government.
Cryptocurrency is a lifeboat for people trying to protect their purchasing power & beat inflation. More & more people will turn to cryptocurrency as time passes, we are early.

Not only in France, everytime the BTC price start to rising it will attracts many people and more company/institutional to invest on it.

Here in my country Im starting to see some of trading and stocks companies starting to offers trading on BTC.
Many people even bragging about they already invest on BTC even its only a few bucks.
Enjoy the ride and hodl, moon here we come.

Well it's not surprising that Crypto-currency is the second most popular investment, and that's because of the hype around crypto-currency many people thinks once you into crypto-currency investment you definitely get rich. I think the narrative is wrong and many are falling for the wrong coin to invest in.
All investment involves risks and crypto-currency investment is not different and it has lots of risk with scam projects, bad Altcoins and ignorance from the part of the buyers, Crypto-currency investment would keep on growing but I hope we have more aware newbies to limit their vulnerability to bad investments.