Cryptocurrency is the second most popular investment in "France"

[DeathAngel]

It’s a sign of changing times & that people are sick of having their net worth devalued by a reckless government.
Cryptocurrency is a lifeboat for people trying to protect their purchasing power & beat inflation. More & more people will turn to cryptocurrency as time passes, we are early.

[1715199518]

1715199518

[1715199518]

1715199518

[1715199518]

1715199518

[1715199518]

1715199518

[1715199518]

1715199518

[1715199518]

1715199518

[Marvelman]

These stats about crypto in France are pretty fascinating! Makes me wonder how the crypto scene stacks up in other parts of Europe.  I know crypto is a big deal in the US, but I'd be curious to know if France is ahead or behind the curve compared to places like Germany, Spain, etc and  have you seen any interesting comparisons between countries over there? The crypto wave definitely hits different regions in different ways.  It's always cool to see how much various cultures embrace (or don't embrace) new technologies like this.

[btc78]

it is almost part of our culture here in my country to not invest because we believe too much in the act of saving money in the bank

i couldn’t even find statistics highlighting what are the most popular investments in my country all i found are articles advising people to invest and even with those articles, cryptocurrency is usually not part of the top 10 advised investments for the people in my country there has been an inclination of people investing in cryptocurrency but i do know that there’s still a significant lack of interest and information about cryptocurrency in my country

[goaldigger]

It’s a sign of changing times & that people are sick of having their net worth devalued by a reckless government.
Cryptocurrency is a lifeboat for people trying to protect their purchasing power & beat inflation. More & more people will turn to cryptocurrency as time passes, we are early.

This only means that many already trust cryptocurrency and many are now knowledgeable about it.
This is a good sign actually and yes most probably many want to control their own money now and they already knew where to put their money. Hoping that my country will also adapt and use cryptocurrency as one of a good investment to date, cryptocurrency is growing more as expected.

[Renampun]

...

This Is probably a very good decision of young generation to adopt the cryptocurrency assets as part of investment. The propensity of cryptocurrency as an investment is increasing day by day. Well, i think those days are not so far when everybody will talk about "investment in cryptocurrency."

I'm not really surprised by the results of these statistical data, well we all know that cryptocurrencies are really attracting the world's attention at the moment, many young people understand cryptocurrencies better than stocks or other investments such as property and so on. Francis is one of the countries that has young people with good thinking, so they will definitely prefer investing in cryptocurrencies. Apart from that, the financial literacy of Francis' young people is quite good, hopefully more and more young people around the world will invest in Bitcoin and altcoins.

[dothebeats]

This is a legitimate move from them. Knowing how hard it is to penetrate the traditional asset classes when it comes to investments nowadays, spearheading into cryptocurrencies and making it big on the said realm is the best move. Good to see that there are youths that are already involved in investments as early as now and not every youth is destined to be mindlessly consuming media in every form.

Though of course, they should use cryptocurrency investments to break through the traditional assets as well. This is to ensure that they have diversified their assets and that they also have investments that can easily be accepted by a lot of people.

[Wexnident]

~

No surprise there really, crypto is a much more accessible investment option for a younger audience compared to others afaik (and in my experience as well), heck even younger than the ratio here of 36. It's also probably why it's so prone to scams and people telling not to get into it since it's described as a "scam" by others. Simply because it's much more tackled/discussed in a lot of settings compared to others in a much broader range. It also doesn't help that you need a certain amount of level of income to even enter other types of investments like real estate.

Afaik there's that possibility where you co-invest with others, but heck, I hardly doubt people would even know of it in the first place compared to crypto which has already reached out to a big audience.

[gunhell16]

France has been open to cryptocurrency for a long time, so I'm not surprised by that, to be honest. But it's still a good step they took; it just means that cryptocurrencies are so highly regarded, and France probably also saw the good it brings to their subjects and their country.

I hope all countries will be like this, as France did. Just think that most people who live in a country have a deep idea about cryptocurrency. I am pretty sure that it will greatly reduce the average percentage of unemployment.

[TimeTeller]

France has been open to cryptocurrency for a long time, so I'm not surprised by that, to be honest. But it's still a good step they took; it just means that cryptocurrencies are so highly regarded, and France probably also saw the good it brings to their subjects and their country.

I hope all countries will be like this, as France did. Just think that most people who live in a country have a deep idea about cryptocurrency. I am pretty sure that it will greatly reduce the average percentage of unemployment.

We can't expect everyone to appreciate this market. No wonder they are among the first world countries.
As they are open to this market, they will reap the benefits that come with it, which is actually good for the crypto adoption.
With their open approach towards this tech, this country will be a very good hub for crypto-related businesses.

[alastantiger]

I would not be surprised by the results of this survey because if we conducted this survey with young people in all countries the results would not be much different. Even we ourselves can feel it in our own country. In my country, the majority of young people are investing in cryptocurrency, even first and second year students spend time investing in cryptocurrency. Life is getting harder and the need to make money is getting bigger and cryptocurrencies are attracting great attention when it comes to generating big profits. Therefore, it is obvious that young people invest in cryptocurrency.

I would have be surprised if the results was not the way it is. There is a rapidly growing popularity about Bitcoin and cryptocurrency. If you ask me, I'll tell you that the demography that is solely responsible for this is the young one, - the millennials and the gen z. I propose that this survey should be done in 5other European cities and you'd be surprised that the outcome will still be that Bitcoin investment remains the most popular among younger people.

[Vaskiy]

France has been open to cryptocurrency for a long time, so I'm not surprised by that, to be honest. But it's still a good step they took; it just means that cryptocurrencies are so highly regarded, and France probably also saw the good it brings to their subjects and their country.

I hope all countries will be like this, as France did. Just think that most people who live in a country have a deep idea about cryptocurrency. I am pretty sure that it will greatly reduce the average percentage of unemployment.

Same as this we can see the rest of the world through proper awareness. Being one among the first world country makes it easy achievable. The young generation are much connected and they have got access to learn and know better about technology. Few more countries will have the similar results if surveys were taken. In third world countries people get into it without proper understanding and the same could turn against them losing their investment. This is the problem why we don't see much of investment preference from the third world countries towards cryptocurrency.

[taufik123]

I would have be surprised if the results was not the way it is. There is a rapidly growing popularity about Bitcoin and cryptocurrency. If you ask me, I'll tell you that the demography that is solely responsible for this is the young one, - the millennials and the gen z. I propose that this survey should be done in 5other European cities and you'd be surprised that the outcome will still be that Bitcoin investment remains the most popular among younger people.

Today's young generation is more exposed to the digital world and they will also look for anything that will provide better income through Digital.

Crypto is one of the best for investment, young people who enter and learn about crypto realize that this is their chance to be able to make a lot of money easily without building a big business.

Surveys like this open our eyes to how the development of Bitcoin and crypto is increasingly in demand.
Even those who are retired and only receive their retirement salary are starting to turn to crypto and buy some Bitcoin assets for their long-term investment.

Bitcoin and crypto now cover all circles and are one of the most popular investment platforms in any part of the world.

[Marvell1]

I would not be surprised by the results of this survey because if we conducted this survey with young people in all countries the results would not be much different. Even we ourselves can feel it in our own country. In my country, the majority of young people are investing in cryptocurrency, even first and second year students spend time investing in cryptocurrency. Life is getting harder and the need to make money is getting bigger and cryptocurrencies are attracting great attention when it comes to generating big profits. Therefore, it is obvious that young people invest in cryptocurrency.

I would have be surprised if the results was not the way it is. There is a rapidly growing popularity about Bitcoin and cryptocurrency. If you ask me, I'll tell you that the demography that is solely responsible for this is the young one, - the millennials and the gen z. I propose that this survey should be done in 5other European cities and you'd be surprised that the outcome will still be that Bitcoin investment remains the most popular among younger people.

Like I said, even if you ran this survey across all countries and targeted young people, the results would still be the same. Because it is understandable that young people are being exposed to more technology and they will almost certainly choose online investments like bitcoin.

I wouldn't be surprised because I'm seeing it right in my own country. My friends or brothers, most people know about cryptocurrency and most of them are already a part of the market. Investing in gold and real estate was the choice of older generations like our parents, and now bitcoin and cryptocurrency will be associated with our generation.

[el kaka22]

I still think that it is a very equally balanced one but we should add in NFT with crypto too, maybe they are not coins but they are still in the crypto world, which means if you add 9.4 with 2.8, you get 13.2, and make it the biggest investment they have.

I mean surely NFT is not the same as investing into bitcoin, but getting ape nft or ape token is the same thing in the end and they are both crypto to me. This is why I believe that young people of France are investing into crypto more than anything else. This is a good indicator for the future, it should be noted that we are going to see more and more from other nations as well and eventually every nation in the world will have these type of rates on their young people.

[electronicash]

I still think that it is a very equally balanced one but we should add in NFT with crypto too, maybe they are not coins but they are still in the crypto world, which means if you add 9.4 with 2.8, you get 13.2, and make it the biggest investment they have.

I mean surely NFT is not the same as investing into bitcoin, but getting ape nft or ape token is the same thing in the end and they are both crypto to me. This is why I believe that young people of France are investing into crypto more than anything else. This is a good indicator for the future, it should be noted that we are going to see more and more from other nations as well and eventually every nation in the world will have these type of rates on their young people.

it could be because new investors they say invest in crypto-assets and NFTs. these are not specific though, they could mean play to earn games. the reason why they invested back in 2020 was because they wanted to diversify their portfolio and 2nd was that they believed in better returns. the most interesting part is that these new investors as gamblers. 

the file says 9% of French people own crypto-assets but which is it really, 8,456 people were interviewed by Audirep survey institute or the whole French population?

[dunfida]

I would not be surprised by the results of this survey because if we conducted this survey with young people in all countries the results would not be much different. Even we ourselves can feel it in our own country. In my country, the majority of young people are investing in cryptocurrency, even first and second year students spend time investing in cryptocurrency. Life is getting harder and the need to make money is getting bigger and cryptocurrencies are attracting great attention when it comes to generating big profits. Therefore, it is obvious that young people invest in cryptocurrency.

I would have be surprised if the results was not the way it is. There is a rapidly growing popularity about Bitcoin and cryptocurrency. If you ask me, I'll tell you that the demography that is solely responsible for this is the young one, - the millennials and the gen z. I propose that this survey should be done in 5other European cities and you'd be surprised that the outcome will still be that Bitcoin investment remains the most popular among younger people.

Like I said, even if you ran this survey across all countries and targeted young people, the results would still be the same. Because it is understandable that young people are being exposed to more technology and they will almost certainly choose online investments like bitcoin.

I wouldn't be surprised because I'm seeing it right in my own country. My friends or brothers, most people know about cryptocurrency and most of them are already a part of the market. Investing in gold and real estate was the choice of older generations like our parents, and now bitcoin and cryptocurrency will be associated with our generation.

You do got a solid point on which im really that agreeing upon because of the current era that we do have today on which information could really be easily be exposed or would really be passed up then it wont really be that shocking that it would really be that so easy to scatter out when it comes to those things and its true that oldies wont really be giving a damn interest into something that they arent aware of. Some might really be that open minded to welcome some new things or innovations but most of them would really be sticking into the things on which they are really that knowing or simply sticking on which they do know that it is really that legit or something that they've been get used to and doesnt welcome with those new things that surface around but well its their choice.

Making up some survey on specific targets then of course you could really expect that young people would really be having that kind of approach on which cryptocurrency would really be indeed
neither be first or second of their priority on engaging into. We cant really deny that when it comes to profits or returns then this one wont really be that a bad choice
either. It is really just that a matter of risks taking on what are the things that you would gonna do on the time that you would really be dealing
with it.

[CageMabok]

I would have be surprised if the results was not the way it is. There is a rapidly growing popularity about Bitcoin and cryptocurrency. If you ask me, I'll tell you that the demography that is solely responsible for this is the young one, - the millennials and the gen z. I propose that this survey should be done in 5other European cities and you'd be surprised that the outcome will still be that Bitcoin investment remains the most popular among younger people.

The current younger generation or millennial generation and generation z have found it easier to get information about Bitcoin, so there are many of them who like Bitcoin and have also made the decision to become cryptocurrency investors. Those who often like Bitcoin and invest through Bitcoin also have a very good influence there so I wouldn't be surprised if research on cryptocurrency investment would focus more on Bitcoin in parts of Europe there.

[South Park]

According to the recent Survey it comes to know that cryptocurrency is the second most popular Investment in the France. This Report was published on 13 November.


According to this survey, the second higher propensity among the youngsters is cryptocurrency investment with the ratio of 9.4%. The majority of the investors are men with the ratio of 64% and from these most of the investors are youngsters. Their age very between 36 to 50 Years. In this ratio 54% people holds crypto-assets. source

This Is probably a very good decision of young generation to adopt the cryptocurrency assets as part of investment. The propensity of cryptocurrency as an investment is increasing day by day. Well, i think those days are not so far when everybody will talk about "investment in cryptocurrency."

Without a doubt it is an interesting survey, however it is also important to be careful how we interpret the data, while the popularity of cryptocurrencies seems to be increasing and a higher number of people are investing in them, this does not mean that a proportional amount of money is coming to this market, as they could be investing just a small portion of their savings here in order to diversify their portfolios, while the rest goes towards other investments.

[JoyMarsha]

I believe with time, crypto would top Real estate as the most invested asset in France,  in addition to the whole world if the survey should be conducted globally.

It is not two decades, since crypto came into existence, and it is topping some of the investment assets that have stayed for a long. It feels so good to know, that even the most topped investment(real estate) is just a few percent (1.3%) above it when compared with others that fall below.

I am much expectant of this to happen to other countries that would make crypto legal in their country. I don't think there will be any country where its citizens would know the importance of having crypto as another investment tool that won't have a good number of them investing in it

[Alpha Marine]

Same as this we can see the rest of the world through proper awareness. Being one among the first world country makes it easy achievable. The young generation are much connected and they have got access to learn and know better about technology. Few more countries will have the similar results if surveys were taken. In third world countries people get into it without proper understanding and the same could turn against them losing their investment. This is the problem why we don't see much of investment preference from the third world countries towards cryptocurrency.

Some third-world countries also have a very high adoption of crypto.
I've looked at the charts and a lot of developing countries are doing well when it comes to crypto adoption if the reports are to be believed. The reason a lot of them go into crypto is because they have found an alternative. They live in countries where there is a high rate of unemployment and a high rate of inflation, so in their quest to break out the circle of poverty, they go into crypto.

Looking at that chart OP posted, it just got me thinking. A decade ago, many young people didn't have investments. This was because the investments were expensive and you have to have saved a lot of money before you can go into them, plus they were complicated. That is why it was mostly older people who had financial investments.
Today a lot young people have the opportunity to own an investment thanks to crypto.