In June, the employees of the German bank, Postbank, conducted a study on the activity of investments in the cryptosphere among residents of Germany. The results surpassed all expectations – 1/3 of the residents are actively investing in ICO and cryptocurrencies.
This indicator coincides with the data obtained during similar studies conducted in South Korea and Japan. The only difference is that in the Asian countries, all age categories are actively investing in the cryptocurrency, and in Germany, as it turned out, only young people from 18 to 34 years old.
Details of the Postbank report
The study took about a month. In total, more than 3 thousand people were interviewed. One third said that they consider Bitcoin, Ethereum and other cryptocurrencies as the most profitable investment assets.
Among the age group 18 to 34 years, 46% of respondents treat crypto-investments positively. Next year, 14% of them are going to invest in the digital economy or to get engaged in mining.
The report also says that the gender ratio of people who positively perceive cryptocurrency assets has changed. The traders show the following statistics:
- 56% of the male. The majority, in the amount of 39%, advocated complete anonymity of trade.
- 36% of the female. Only 26% of potential investors mentioned anonymity as an important factor.
The high acceptance of cryptocurrency in Germany is easy to explain – it is one of the most economically stable countries in Europe. The Germans are in favor of financial independence and good prospects. That is why the young citizens are actively developing the cryptosphere.
Bank analysts stressed this fact in their report, but also recalled that investments in cryptocurrencies can have unpredictable results. And it is better to use traditional channels (stocks, futures), if novice traders are not confident in their abilities.
German investors are actively attending various events. In April, for example, the Blockchain & Bitcoin Conference took place in Berlin. The event was attended by more than 150 participants from different countries.