Topic: Research: 14% of young Japanese people invest in cryptocurrencies - page 3. (Read 437 times)
April 07, 2018, 11:59:05 AM
Japan is one of the few countries, where plenty of people know about cryptocurrency and it is very popular there. It is not unusual that young Japanese are investing in cryptocurrency, as it is more profitable than any other sector. That's why they have been investing in it.
April 07, 2018, 11:50:12 AM
The Japanese market is a market hard to penetrate, I believe that there is still a lot of progress to me made because Japanese minds could really do wonders with crypto, but sometimes disruption is not very welcome in some societies. There is still time to prove what the Japanese will think in general because adoption with the overall population is low.
April 07, 2018, 11:48:34 AM
According to a survey conducted by Shin R25, a Japanese online magazine with young people as its main readers, 14% of young Japanese between the ages of 20 and 25 own digital assets.
The survey was conducted from January to March this year. More than 25% of the respondents said that this was their first experience of investing, 92% said that they had invested in digital assets of their available funds. Interest in cryptocurrencies 37.4% of respondents explained that this is fashionable, and 19.9% drew attention to cryptocurrencies due to their popularity in the media.
As for the amounts invested, 34.5% of respondents invested less than 50,000 yen (about 470 dollars) in cryptocurrency, the amount of one million yen ($9360) and more could afford only 10.2% of respondents.
Most of those who participated in the survey admitted that they purchased cryptocurrency at the peak of prices in October-December 2017. And only 15% did so after a sharp fall in early 2018.
However, 47.1% said they intend to continue actively investing in digital assets and only 35.4% are not going to do it anymore.
Analyst in the field of Finance and cryptocurrency Joseph young (Joseph Young) was very surprised by the results of the survey and commented on it on Twitter:
"This is a very high level of trust. I was expecting that the result will be less than 10% even for Japan - a country that is a leader in this market."
The source bits.media
Yes, in Japan, the cryptocurrency has a legal status and that is why Japanese ICO will have a ultra fast growth. I always invest in such ICO. Even Swiss projects are very promising. The survey was conducted from January to March this year. More than 25% of the respondents said that this was their first experience of investing, 92% said that they had invested in digital assets of their available funds. Interest in cryptocurrencies 37.4% of respondents explained that this is fashionable, and 19.9% drew attention to cryptocurrencies due to their popularity in the media.
As for the amounts invested, 34.5% of respondents invested less than 50,000 yen (about 470 dollars) in cryptocurrency, the amount of one million yen ($9360) and more could afford only 10.2% of respondents.
Most of those who participated in the survey admitted that they purchased cryptocurrency at the peak of prices in October-December 2017. And only 15% did so after a sharp fall in early 2018.
However, 47.1% said they intend to continue actively investing in digital assets and only 35.4% are not going to do it anymore.
Analyst in the field of Finance and cryptocurrency Joseph young (Joseph Young) was very surprised by the results of the survey and commented on it on Twitter:
"This is a very high level of trust. I was expecting that the result will be less than 10% even for Japan - a country that is a leader in this market."
The source bits.media
April 07, 2018, 11:46:04 AM
I think the volatility that the crypto markets has is what attracts young people as they are mostly interested in getting rich quick. And the price swings that crypto markets have cant be found in any other traditional markets.
April 07, 2018, 11:43:55 AM
It must be higher than 14%, In Japan, cryptocurrencies are very popular. This also means that adoption is still pretty low, and those investing in coins now are still lucky. It is still early. 
April 07, 2018, 11:32:05 AM
Japan is known as a country that is capable to implement new technologies in lives of their citizens very quickly. But that number is surprisingly great! Yeah, they admitted they have entered the market at the peak, but they are still not afraid to invest. Authorities should look at Japan how to deal with crypto and take it as an example. I doubt that we can catch them, but you never know without trying 
.
. April 07, 2018, 09:54:51 AM
Well btv is pretty popular in japan and these people are known to have interest in innovation so i don't think it's surprising even with japanese youth. They start early obviously. And its likely that this number would increase in a year or two.
April 07, 2018, 09:54:10 AM
Interesting research! It's mean that the interpreters WP to japanese will be very popular and needed.
April 07, 2018, 08:51:57 AM
It's only begining. We are sitting with you on a train that has not yet gained speed and will be expensive for a long time.
April 07, 2018, 08:39:13 AM
Well as expected since bitcoin is generally known and originated in japan. People living in japan are good people. They are exercising good attitude as what they have learn in their elementary education from the practice and guidance in their schooling system which differs from other school system. Thus japan accelerated in terms of innovations and that includes bitcoin. A digital currency. Actually bitcoin concept is like an investment in gold which increases its price as supply last. Simple but most operational digital currency investment. And this is good also to profit earnings for those who are investing.
April 07, 2018, 08:31:59 AM
That is how it should really be frankly, most people in most countries do some kind of investment, fund, shares, bonds, accounts... it is nothing but normal to have some short of attention to crypto.
If all countries start supporting this crypto then 50% or more young people will start investing in this for sure and this will even boost many new business and people will get job and many will become self employed if countries make it legalize or regulate it.
April 07, 2018, 08:27:59 AM
Japan is a friendly country for encrypting money markets, so it is perfectly normal for people to invest.
As more and more people come in, it will make the encryption money market bigger and bigger.
As more and more people come in, it will make the encryption money market bigger and bigger.
April 07, 2018, 08:26:08 AM
That is how it should really be frankly, most people in most countries do some kind of investment, fund, shares, bonds, accounts... it is nothing but normal to have some short of attention to crypto.
April 07, 2018, 07:56:31 AM
I think because we all think that Satoshi Nakamoto is a Japanese peoples, and Bitcoin & blockchain can be the pride of Japan, so they have more crypto enthusiast than other country, That is easy to understand
April 07, 2018, 07:25:23 AM
i think it would be nice if you are posting the link about this survey and research.
because i could not see it here;
(of course i could say that because of their action,when chinese tried to ban bitcoin.they're trying to regulate it by approaching their local exchange)
because i could not see it here;
Quote
bits.media
also it makes a sense if this thing happens,because japanese is the first one who supported cryptocurrency other than else.(of course i could say that because of their action,when chinese tried to ban bitcoin.they're trying to regulate it by approaching their local exchange)
April 07, 2018, 07:21:43 AM
Japan is a crypto friendly country with a strong economy, as they develop further with this new technology the other countries will join in too. The youth all over the world are investing in bitcoin and altcoins, they know what will happen in the years to come. Buy and hodl!
April 07, 2018, 07:18:51 AM
The best country to develop blockchain technology is Japan!
Japan also has the largest number of digital encrypted currency transactions!
In Japan BTC is legal tender, can be used directly for payment!
Most young people like to invest in BTC!
Japan also has the largest number of digital encrypted currency transactions!
In Japan BTC is legal tender, can be used directly for payment!
Most young people like to invest in BTC!
April 07, 2018, 07:16:48 AM
The country of JAPAN is one of the most countries that really support the changes in the world.
They are into digital since few years. and holding and investments are pretty good to start at young.
Look if you are just teenager and you are well supported by your parents you don't need to have money with you every day.
you just need to live the life that your parents can give and once you are about to live the house to be independent you can have your investment at its highest profit.
They are into digital since few years. and holding and investments are pretty good to start at young.
Look if you are just teenager and you are well supported by your parents you don't need to have money with you every day.
you just need to live the life that your parents can give and once you are about to live the house to be independent you can have your investment at its highest profit.
April 07, 2018, 06:55:38 AM
Crypto is mainstream in Japan, it's not strange to see those stats, Japan is an example for the rest of the world.
Well, Yes, people there are very submissive and polite, and this country is very well developed. In General, it is now clear why so many young investors from there. April 07, 2018, 06:52:55 AM
Crypto is mainstream in Japan, it's not strange to see those stats, Japan is an example for the rest of the world.
Jump to: