14 Percent Of Japan’s Young Male Workforce Invest In Cryptocurrencies, Study Sho

[Crypto_Hot_News]

A survey of male employees in Japan from ages 25-30 shows that 14 percent of the participants own cryptocurrency, according to data published April 3 by Shin R25, an online magazine for young businessmen.

4,734 men nationwide participated in the Shin R25 “Questionnaire Survey on Virtual Currency” from January 2018 to March 2018. According to the survey, over a quarter of respondents that owned crypto reported that it was their first investment experience.

Of the young Japanese male employees that own crypto, 92 percent said that they entered the crypto markets “for investment,” 37.4 percent “for the time being because it is a trend,” and 19.9 percent due to “acquaintance and media recommended information.”

In regards to the value of respondents holdings, 34.5 percent own less than 50,000 yen (about $469) of crypto, while only 10.2 percent owned 1 mln yen or more ($9,360 or more).

The majority of respondents, 24.3 percent, bought their crypto assets between October and December 2017, while 15 percent bought them when “the price fell sharply” in “2018 or later.”

When asked about their future plans for their cryptocurrency investments, 47.1 percent reported that they “would like to actively invest” in the future and 35.4 percent that they “do not intend to continue investing.”

Cointelegraph contributor Joseph Young tweeted about the survey results, noting his surprise at what he called a “high adoption rate:”

Read more:
https://cointelegraph.com/news/14-percent-of-japans-young-male-workforce-invest-in-cryptocurrencies-study-shows

[limmousine]

there is no doubt that Japanese citizens love crypto and its average citizens are very care about future technology and they believe that crypto is a good choice for their investment. should we remember that japan has legalized crypto since time immemorial and they have Mt. Gox which is the biggest and most popular exchange of its time.

[Indrawan77]

Well Japanese people are very open and appreciated crypto, they are not afraid to try new things, so.I am not surprised to see the high investment  rate, and within time the number will be increasing when crypto become more famous, and because its very easy to invest and to make profit in crypto, crypto investment has become very popular

[didzi]

that is good news, but if we talk about japan
nothing strange if 14% of japan young male invest in crypto,
because, in japan cryptocurrency is accepted there and legal in japan 

[bayu7adi]

I think it's just ordinary news
for a country that legalizes and receives cryptocurrency, it should have more than 14% user for male peoples
as long as japan is still receiving cryptocurrency, altcoin users will always grow

[sunnydmd]

there's no doubt that Japan is one of the largest country in cryptocurrency map.
cryptocurrency was legalized for a while in Japan. and I think it's normal why people owe coins.
and they always proud that bitcoin started from Japan.

[Crypto-capitalist]

I think it's just ordinary news
for a country that legalizes and receives cryptocurrency, it should have more than 14% user for male peoples
as long as japan is still receiving cryptocurrency, altcoin users will always grow

We don't see how they did this investigation.
Maybe they asked people on the crypto forum)

[Thenuka99]

14% just from youth in one country is seriously a very HUGE amount considering only 1% of the world population have heard about crypto currency  by the end of last year. That's impressive.

Japanese people has always worked with the future since they experienced "that" unfortunate event. since then for them it's all about future. you know it's a good investment to make for the future when japanese youngsters involved in this more and more. because they do not engage in something just out of the blue. or "bubbles", gives some confidence to the investors and crypto enthusiasts all around the world.

[kololo]

As a news I heard about the work people in Korea that more than 30% of people are invest in crypto. So I think this news is true, and it persents a trend that more and more normal people will join in the crypto.

[13ex07]

Not complex calculations show that it is somewhere between 700-900 thousand. Apparently this is the most active part of the population interested in crypto. This is not very much. 127 million people live in Japan.