The proportion of Australian Hodler is again at the level of 2021 (study)

The proportion of Australian Hodler is again at the level of 2021 (study)

The latest ASX Australian Investor Study estimates that about 15 % of Australians have invested part of their assets in cryptocurrencies. In a way, the number resembles the 17 %that were registered during the bull market in 2021.

also showed that young Australians are more inclined to the industry, with 31 % Hodler.

The latest trends in the "Land Down Under"

According to the analysis, about every seventh Australian has entered the cryptocurrency market, with men (69 %) the largest share of investors. Most people spent between $ 340 and $ 3,400 for digital currencies, while only 10 % have invested more than $ 67,000.

A closer look at the various population groups shows that young people are much more interested in the market than older generations. 31 % of the so -called “next generation investors”, ie those of the average age of 21 years, bought Bitcoin or old coins.

The company that carried out the study assumes that younger people are "more risk avers than their older colleagues", which is why they tend to tolerate the volatility of cryptocurrencies and enter the ecosystem.

"The majority understand the cyclical nature of investing. 29 % indicate that a decline in your portfolio stands is 20 % a risk of knowing that it could occur, and a further 36 % say if this would happen if you were concerned, but would be awaited whether this would be the case." The situation has improved, ”said ASX.

It added that "investors of the next generation" are enthusiastic about new technologies and sometimes want to get involved with things that would avoid their parents.

also high-value investors (HVIS) find the sector attractive. 33 % have digital currencies, while their average investment is almost $ 88,000.

The total number of the next study could increase if "interested investors" (around 1.33 million people) decide to jump on the train. This proportion represents people who have not yet made any investments, but are considering this in the next 12 months. 29 % of them admitted that they would prefer cryptocurrencies to all other options.

Investments in shares and real estate remain the most common choice for Australians. Appointments, ETFs and international stocks complete the top 5 while Krypto takes sixth place.

Preferred investments by Australians, ASX

Numbers of the last year

It seems as if the persistent uncertainty on the cryptomarkt has led to a strong investor outflow among the Australians since independent research Data preserver spaces = "True"> in November 2022 that over 25 % of local Hodler were.

Similar to ASX, last year analysis showed that young people bought digital assets. In comparison, only 10 % of the over 65-year-olds did this.

The awareness of cryptocurrencies was high, almost 90 % knew about the existence of Bitcoin. Almost 43 % had something about Ethereum (Eth), while Tether (USDT), Dogecoin (Doge), Ripple (XRP), Solana (Sol) and Cardano (ADA) were also popular.

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