Crypto fever is heating up in Brazil! According to a new survey by the Brazilian Securities and Futures Exchange (CVM), more Brazilians are investing, trading or holding Bitcoin and other cryptocurrencies. The survey shows that investors put 7% to 35% of their funds into these digital assets.
The survey divides investors into three categories: conservative, moderate and aggressive. Conservative investors put an average of 7.25% of their savings in cryptocurrencies, while moderate investors put 21% of their financial portfolio into crypto assets. Aggressive investors are more daring, with crypto assets accounting for up to 35% of their portfolio.
Interestingly, about 50% of respondents consider themselves aggressive investors, showing the strong interest of Brazilian investors in cryptocurrencies. In contrast, conservative investors prefer traditional investments such as fixed income securities and government bonds.