Who says that only people in poor countries like to play with cryptocurrency? Let’s take a look at the latest survey. Half of the people in developed countries such as Germany and Switzerland have invested a large amount of their wealth in cryptocurrency!
KPMG: 54% of respondents in Germany, Switzerland and other countries use more than 20% of their total assets for cryptocurrency investment
KPMG recently conducted a study with BTC-ECHO that surveyed approximately 2,400 private crypto investors in Germany, Austria, and Switzerland. The survey results show a significant increase in interest in cryptocurrencies among respondents, with 54% investing more than 20% of their total assets in cryptocurrencies. At the same time, a large portion of investors (approximately 67%) have shown strong interest in digital assets and plan to hold their investments for 3 to 5 years.
However, individuals new to the market are becoming more cautious. They are reviewing their investment prospects with greater vigilance and patience. In 2023, investors will value security, deposit and withdrawal options, and transaction costs when choosing a crypto exchange.
According to the report, 34% of investors consider their digital asset investments to be “fairly safe.” However, they remain most concerned about market manipulation, regulatory uncertainty and financial crime. Bitcoin’s dominance among surveyed investors’ portfolios increased by 7% compared to 2023, remaining at 91%. Solana has grown significantly by 9% compared to 2023, trailing only second-placed Ethereum.
