A new survey by Toluna found that 75% of investors in Latin America and Asia-Pacific would like to increase the proportion of cryptocurrencies in their portfolios.
According to the report, the researchers interviewed 9,000 people from 17 countries in Latin America and the Asia-Pacific region. Most respondents agree that the cryptocurrency market will continue to grow for a long time to come. However, investors from the “countries of the golden billion” believe that cryptocurrencies are simply “on the hype”.
However, most investors, even in developed economies, plan to increase the share of cryptocurrencies in their portfolio. If in developing countries the share of such investors is 75%, in developed countries it is 57%. As for “trust” in cryptocurrencies, the ratio is 32% and 14%, respectively.
Interestingly, cryptocurrency investments are almost twice as popular in developing economies – 41% of respondents from such countries have already bought digital assets. In developed countries, the share of cryptocurrency investors is 22%.
At the same time, 45% of respondents noted that they are not confident in the success of cryptocurrencies. The main reasons for this are associated risks, lack of understanding of the sector and lack of regulation. 61% of respondents trust traditional bank deposits, while only 23% of respondents trust crypto-currency deposits.
A recent survey by cryptocurrency exchange KuCoin showed that 40% of Turkish citizens own or trade digital currencies.
Source: Bits
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