Despite the bear market, 82 % of the millionaires were looking for crypto advice (survey) in 2022

Despite the bear market, 82 % of the millionaires were looking for crypto advice (survey) in 2022
A study carried out by the financial advisory company-Devere Group-estimates that 82 % of customers with an investable assets of over $ 1.2 million have been looking for advice on cryptocurrencies in the past $ 12 months.
The great interest came despite the broad slump in the market and the countless scandals and bankruptcies in 2022.
crypto seems to be very popular with the rich
According to the study, about eight out of ten high net Worth (HNW) customers of the Devere Group asked their financial advisors last year whether it is a good idea to diversify their portfolios with cryptocurrencies.
The enthusiasm is in contrast to the market decline in 2022, when most digital assets collapsed considerable figures, while the numerous broken up of stock exchanges and industry actors harmed the call of the sector.
The CEO and founder of the Devere Group-Nigel Green-argued that the course declines are due to the decisions of investors to reduce their commitment to risky assets due to concerns about increasing inflation and a possible recession.
"But against this background of the so-called crypto winter, HNWS consistently looked for advice from their financial advisors to include digital currencies in their portfolios," he said.
Green said these customers understood that cryptocurrencies like Bitcoin were "the future of money" and that they "don't want to stay in the past".
He added that the positive development of BTC in the first month of the year was based on hopes that inflation had reached its peak and that macroeconomic conditions had become cheaper. Those who invested in Krypto during the Baisse 2022 will be among the first to "benefit from the upcoming housese
The primary cryptocurrency should not only be associated with millionaires, since it has developed into an attractive asset for many nations that go through an economic crisis. is an example of Turkey, where there is interest in crypto flooded Next is Argentina on the list. Political chaos and the financial turbulence in the South American nation Published some locals that jump on the move of cryptocurrency. The most popular assets for you seem to be Bitcoin and the largest stable coin in the world.
also numerous Lebanese residents occurred a Preserver-Spaces = "True"> for various reasons, including hyperinflation, devaluation of the local fiating and collapse of the local banking system. . Not only wealthy people want to go to Bitcoin