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Author Topic: Did you know that are more people into crypto than stock market in Brazil?  (Read 150 times)
no-brainer (OP)
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February 13, 2019, 11:32:02 AM
 #1

There are at least TWICE as many BTC Bitcoin BTC traders in Brazil as Stock Investors. [/b]

Huh Why Would You Have a Marketing Localization Strategy & Execution for the Brazilian Market?

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More at: https://steemit.com/localization/@no-brainer/cryptocurrency-blockchain-and-fintech-content-localization-the-key-to-attract-new-investors-without-allocating-a-big-marketing
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coin-investor
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March 13, 2019, 01:41:01 PM
 #2

There are at least TWICE as many BTC Bitcoin BTC traders in Brazil as Stock Investors. [/b]

Huh Why Would You Have a Marketing Localization Strategy & Execution for the Brazilian Market?




More at: https://steemit.com/localization/@no-brainer/cryptocurrency-blockchain-and-fintech-content-localization-the-key-to-attract-new-investors-without-allocating-a-big-marketing


This is the reason why Brazil has a good ranking in the Cryptocurrency, in fact, a lot of ICO and crypto related projects are based in Brazil , so Brazilian companies should target these as their consumer-base because they have a ready market on Brazilians.

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March 14, 2019, 12:28:31 AM
Merited by hugeblack (1)
 #3

That is not exactly true. or, at least, not a complete truth. The process of signing up for a Bitcoins exchange is much simpler than the process of signing up for a stock exchange.

In a Broker, you need a series of proofs that make the process very difficult. Including proving a particular income. And the number is updated according to the number of people who keep an active account, as it costs to keep the account.

In a Bitcoins exchange, only your name and your documents are sufficient. And you never have to close the account because it has no cost keeping it active.
joniboini
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March 14, 2019, 05:28:51 AM
 #4

Quote from: coin-investor link=topic=5109475.msg50145083#msg5014
This is the reason why Brazil has a good ranking in the Cryptocurrency, in fact, a lot of ICO and crypto related projects are based in Brazil , so Brazilian companies should target these as their consumer-base because they have a ready market on Brazilians.

Any source to support your claims that lots of crypto projects are based in Brazil? I've been in crypto space for almost 2 years but I can't even name 3 projects that was based in Brazil (ICO, startup, or something similar). Most crypto startup are based in EU, Singapore, several Asian countries as far as I'm aware.

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hugeblack
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March 14, 2019, 09:42:49 AM
 #5

As mentioned above, it is not a strategy but a decentralization.
It is easy to enter and buy cryptocurrencies without even having to prove your identity but it is different from the stock market.

Also, the smaller the restrictions on cryptos, the more cryptos investors has flourished in those countries, such as in Serbia and some African islands.
Let's look at the figures as there are lots of shitcoins & tokens that have collapsed by the end of 2018.

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