Research: 14% of young Japanese people invest in cryptocurrencies

[alani123]

The Japanese market is a market hard to penetrate, I believe that there is still a lot of progress to me made because Japanese minds could really do wonders with crypto, but sometimes disruption is not very welcome in some societies. There is still time to prove what the Japanese will think in general because adoption with the overall population is low.

[bitcoinking11]

Japan is one of the few countries, where plenty of people know about cryptocurrency and it is very popular there. It is not unusual that young Japanese are investing in cryptocurrency, as it is more profitable than any other sector. That's why they have been investing in it.

[stanforders]

It is not surprising that young people would have been more interested in the emergence of new things, and when all people have digital assets, it means that the real digital world is coming.

[Nginende]

It seems to me that if all the young people were to tell us in more detail about what this is and why it is needed, then the percentage of those interested would be more.

[Gargo]

According to a survey conducted by Shin R25, a Japanese online magazine with young people as its main readers, 14% of young Japanese between the ages of 20 and 25 own digital assets.
The survey was conducted from January to March this year. More than 25% of the respondents said that this was their first experience of investing, 92% said that they had invested in digital assets of their available funds. Interest in cryptocurrencies 37.4% of respondents explained that this is fashionable, and 19.9% drew attention to cryptocurrencies due to their popularity in the media.
As for the amounts invested, 34.5% of respondents invested less than 50,000 yen (about 470 dollars) in cryptocurrency, the amount of one million yen ($9360) and more could afford only 10.2% of respondents.
Most of those who participated in the survey admitted that they purchased cryptocurrency at the peak of prices in October-December 2017. And only 15% did so after a sharp fall in early 2018.
However, 47.1% said they intend to continue actively investing in digital assets and only 35.4% are not going to do it anymore.
Analyst in the field of Finance and cryptocurrency Joseph young (Joseph Young) was very surprised by the results of the survey and commented on it on Twitter:
"This is a very high level of trust. I was expecting that the result will be less than 10% even for Japan - a country that is a leader in this market."

The source bits.media

That is just a beggining, look that almost whole childrean that living in some technology developed countries use internet every day, i strongly believe that this percent will only grow.

[Misiak4]

A good result, Japan showed who in this world is the owner of the crypto currency. Although most people will hang out of this a good lesson some will ponder and understand that here one can earn good money if one has certain knowledge and experience, Japan is well-done, where else can such a result be seen?

[Valermos]

Japan is very outstanding country in terms of modern technologies, so I am not surprised. I think this number will grow in the future.

[MakeMoneyBtc]

It's nice to see that such a big quantity of young people from a single country have had the trust to invest in bitcoin. However those are just young persons between 20 and 25 years and I dont really think they asked all of people in Japan wih that age. So this means in thw whole Japan only around 3-10% use cryptocurries wich is still a pretty big number and I think it is one of the biggest we can see. I think Japan will be the first country to adopt bitcoin as a currency in shops since a lot of people are investing in cryptocurrencies and also Japan is the country where almost anything is created or adopted firstly.

[andreijoaquin]

Japan is one of the leading country who continue giving support over crypto currencies, so it is not a surprise that even their young ones shows interest over crypto investment. I can see time will come this country will start full adaptation of cryptos and can even use it as their normal currency.

[Teodiff]

That is a very good percentage. Japan is ahead of the most countries when it comes to technology. Their culture is specific and it likes technology. In my country, many young people know about crypto, but they don't participate in that percentage. And if they do they all do it for the money.

[Jillkill]

I read this somewhere and I guess its true and the way to go and Japan being one of the origin of Bitcoin. it's quite understandable that the young generation is investing in cryptocurrencies

[OSYA]

Japan is very outstanding country in terms of modern technologies, so I am not surprised. I think this number will grow in the future.

Why then no one remembered the Comsa project? More than six months from him there is no news, it's very sad. They collected about 92 million dollars and almost a year there is no progress on the road map.

[aardvark15]

According to a survey conducted by Shin R25, a Japanese online magazine with young people as its main readers, 14% of young Japanese between the ages of 20 and 25 own digital assets.
The survey was conducted from January to March this year. More than 25% of the respondents said that this was their first experience of investing, 92% said that they had invested in digital assets of their available funds. Interest in cryptocurrencies 37.4% of respondents explained that this is fashionable, and 19.9% drew attention to cryptocurrencies due to their popularity in the media.
As for the amounts invested, 34.5% of respondents invested less than 50,000 yen (about 470 dollars) in cryptocurrency, the amount of one million yen ($9360) and more could afford only 10.2% of respondents.
Most of those who participated in the survey admitted that they purchased cryptocurrency at the peak of prices in October-December 2017. And only 15% did so after a sharp fall in early 2018.
However, 47.1% said they intend to continue actively investing in digital assets and only 35.4% are not going to do it anymore.
Analyst in the field of Finance and cryptocurrency Joseph young (Joseph Young) was very surprised by the results of the survey and commented on it on Twitter:
"This is a very high level of trust. I was expecting that the result will be less than 10% even for Japan - a country that is a leader in this market."

The source bits.media

This seems like a high percentage. I think it can be contributed to both that the younger generation in general is more receptive to new technology and that Japan has a history of being more tech savvy than many other countries around the world. Regardless of the reasons, it’s nice to see that much interest even at these early stages of this new technology.

[mikfresh]

Useful post. Japan will be homeland for the new crypto world, trying to find always new interesting field in science and technologies! Wonderful. We we will find inspiration within the Japanese borders!

[supelle.born]

Japan is a friend country for crypto world. It would be great if other countries could follow the Japanese oriental wisdom

[btcluisdiki]

According to a survey conducted by Shin R25, a Japanese online magazine with young people as its main readers, 14% of young Japanese between the ages of 20 and 25 own digital assets.
The survey was conducted from January to March this year. More than 25% of the respondents said that this was their first experience of investing, 92% said that they had invested in digital assets of their available funds. Interest in cryptocurrencies 37.4% of respondents explained that this is fashionable, and 19.9% drew attention to cryptocurrencies due to their popularity in the media.
As for the amounts invested, 34.5% of respondents invested less than 50,000 yen (about 470 dollars) in cryptocurrency, the amount of one million yen ($9360) and more could afford only 10.2% of respondents.
Most of those who participated in the survey admitted that they purchased cryptocurrency at the peak of prices in October-December 2017. And only 15% did so after a sharp fall in early 2018.
However, 47.1% said they intend to continue actively investing in digital assets and only 35.4% are not going to do it anymore.
Analyst in the field of Finance and cryptocurrency Joseph young (Joseph Young) was very surprised by the results of the survey and commented on it on Twitter:
"This is a very high level of trust. I was expecting that the result will be less than 10% even for Japan - a country that is a leader in this market."

The source bits.media

Yes, in Japan, the cryptocurrency has a legal status and that is why Japanese ICO will have a ultra fast growth. I always invest in such ICO. Even Swiss projects are very promising.

Considering that bitcoin was invented by a Japanese by the name of Satoshi Nakamoto, no doubt that most of the younger generation had more trust and loyalty where they opt to invest more on bitcoin as this had been potentially giving them sufficient profit with their investment. Not only that, the younger generation seem to have visioned more with bitcoin where they forsee that the current price will still increase and reach more further heights.

[djscreem01]

In this sense, I can trust and believe in Japanese investor and japanese technology. they are using the experience they have obtained in their research and over time the whole world will be seized. 

[rudolfaxl]

I'm glad that people are interested in the world of crypto, but it seemed to me that in Japan this percentage should be much higher. I hope that every year more and more people will join the bitcoin community.

[fundyourself]

This is interesting and actually makes sense. Japan is the global leader in the market development of cryptocurrencies so it's not a surprise that the young generation is investing early. 14% is a remarkable number and this could definitely grow more in the future.

[Regar]

japan are great in accepting new technology and they adapting really quick, i think this is can be followed by other countries that are afraid or uninformed about cryptocurrencies.