Investors in Three Central European Nations Demonstrate Confidence and Optimism Towards Cryptocurrency, Finds KPMG Research
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Investors in Three Central European Nations Demonstrate Confidence and Optimism Towards Cryptocurrency, Finds KPMG Research

A recent study conducted by KPMG, a prominent accounting firm, in collaboration with the German-language crypto media platform BTC-ECHO, has revealed that crypto investors in Germany, Austria, and Switzerland are putting a significant portion of their total assets into digital assets. The study surveyed 2,400 private investors in the DACH region and found that, on average, respondents have allocated over 25% of their assets to crypto. More than half of the investors (54%) have invested at least 20% of their total assets into crypto.

The study also highlights the investors’ perception of the safety of crypto investments. Approximately 34% of the respondents consider their crypto investments to be “rather safe,” while 43% view them as “rather risky.” The investors identified market manipulation, regulation, and financial crime as the main risks associated with the crypto market.

Unsurprisingly, Bitcoin (BTC) emerged as the most popular crypto asset among the surveyed investors, followed by Ethereum (ETH). At the time of writing, BTC is trading at $63,031, while ETH is trading at $3,092.

Bernd Oppold, a partner at KPMG AG Wirtschaftsprüfungsgesellschaft, explained that the study demonstrates the growing importance of digital assets. Despite the volatility in the sector, investors are currently optimistic about the future.

It is important to note that the opinions expressed in this article are not investment advice. Investors should conduct thorough research before engaging in high-risk investments in Bitcoin, cryptocurrency, or digital assets. Any transfers or trades made are at the investor’s own risk, and they are responsible for any losses incurred. The Daily Hodl does not endorse the buying or selling of cryptocurrencies or digital assets, and it is not an investment advisor.

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