Odaily Planet Daily News Brazil's top regulator, the Securities and Futures Exchange (CVM), recently released a survey showing that more Brazilians are now investing, trading or holding Bitcoin and other cryptocurrencies, with investors spending 7% to 35% of their funds on these tokens. The study was conducted by CVM in 2023 and surveyed the investment behavior of more than 700 people. Respondents were divided into three categories of investors: "conservative", "conservative" and "aggressive". Conservative investors put an average of 7.25% of their savings in cryptocurrencies, while conservative investors put 21% of their financial portfolios into crypto assets. Aggressive investors are the most optimistic, with crypto assets accounting for as much as 35% of their portfolios. It is worth noting that about 50% of respondents consider themselves aggressive investors, which shows that Brazilian investors are enthusiastic about cryptocurrencies. In contrast, conservative investors have a more traditional portfolio, with more than 50% being CDBs and RDBs, two fixed-income securities. They also prefer government bonds, while there are relatively few choices for overseas currencies. (Cryptonews)

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