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Author Topic: Cryptocurrency is the second most popular investment in "France"  (Read 600 times)
dansus021
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November 18, 2023, 01:42:50 AM
 #41

Well, that is crazy I mean usually in most countries the most popular investment is either a Stock or Real estate in some cases maybe a mutual fund.

But crypto is on the top list is remarkable  Cool. But who is dont want to invest in crypto if in some cases gate 100% profit in a year or when stake can double digit apy in a year right

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November 18, 2023, 02:28:56 AM
 #42

This survey looks interesting to me. The findings as well as the investment options provided made me a little curious. Crypto assets almost making it equal with the top choice which is real estate funds? And then there's also NFTs as the top 9 most popular investment option?

These are surprising to me, to say the least. And then I also cannot find precious metals and stones like gold and silver. There are also no jewelries. And to a country which attracted artists for centuries perhaps, and has abundance of artworks, and where the city of art is located, I didn't see artworks. Surely, NFT hasn't replaced it?
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November 18, 2023, 02:54:31 AM
 #43

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."

This goes to show how far Bitcoin (and cryptocurency in general) has come, give it more time and Bitcoin will be the most popular investment in France and other parts of the world (on some it's already the most popular especially the 3rd world countries or those their local currency is suffering form inflation). The Real Estate business is old and trusted by both the old and young so it'll be leading the charts for now but that won't be long. Investing in Bitcoin is very convenient when compared to the other forms of investment and that's why it's growing rapidly on the younger generation as they're more into investing in assets that won't stress them and also can give them profits without having to wait years for the investment to grow.

As Bitcoin gets more popular, the adoption is inevitable and more investors will be investing in the currency which is why we're still early and it'll be ideal we seize that opportunity and accumulate Bitcoin. I don't see any other assets overtaking Bitcoin and cryptocurency investment anytime soon because the industry is constantly evolving/developing and new opportunities are been introduced into the industry that attract young investors to keep the market active. While most of them are not advisable to  participate in but still they're attracting new investors to the market which is a good thing overall.

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November 18, 2023, 03:06:52 AM
 #44

I see Bitcoin forecasting as an investment and not for settling payments. Therefore, you see downloads in the millions for platform applications and limited use of Bitcoin. Also, investing in Bitcoin, even if it is good, is not possible for us to know the real numbers, and the best we will find are approximate numbers from the tax data. Otherwise, some may try to say that it is He invests in Bitcoin to appear as if he is an educated person or knows modern investment trends.
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November 18, 2023, 03:54:22 AM
 #45

The survey looks legit and it is also quite surprising to see the results of the survey that crypto assets are in second place after property investment, but it says crypto not Bitcoin that they invest in other coins besides Bitcoin, and more of these coins were created only for the benefit of developers and we know how many scammers there are in the crypto world, this good development should also be followed by regulations from the government to reduce the movement of scammers who are always ready with new methods to cheat, but I am happy to see how young people are very interested in crypto and hopefully that will also happen in my country.

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November 18, 2023, 06:23:10 AM
 #46

I always believe that cryptocurrency is becoming one of the most popular investments not only in France, but all over the world.
People are looking at it as a place to put their cash, and knowing that holding cash is quite useless because of inflation, some rather invest it, and it's kind of expected for me that the top 2 assets where they want to invest their money is thru real estate and cryptocurrencies.

Cryptocurrency are becoming more, and more popular maybe because of how much profit it can give to those who are investing in it. I mean volatility attracts many investors. Volatility, I believe is the main reason why many people are investing in it. The fact that you can gain way more compared to the stock market, and even in real estate is the reason why they're opting for it, but on the other hand, volatility can make your money lose quicker than other assets.

The adoption of cryptocurrencies is going higher, and higher, and I will not be surprised if in the next 5-10 years, people around the world will invest into it as well.

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November 18, 2023, 07:09:51 AM
 #47

The survey looks legit and it is also quite surprising to see the results of the survey that crypto assets are in second place after property investment, but it says crypto not Bitcoin that they invest in other coins besides Bitcoin, and more of these coins were created only for the benefit of developers and we know how many scammers there are in the crypto world, this good development should also be followed by regulations from the government to reduce the movement of scammers who are always ready with new methods to cheat, but I am happy to see how young people are very interested in crypto and hopefully that will also happen in my country.

You cannot expect people to only invest in bitcoin and ignore altcoins, bitcoin is dominating the cryptocurrency market but the remaining 50% is the altcoin market. Bitcoin is the best and safest investment in the market but there is nothing wrong if someone does not choose bitcoin but chooses altcoins. Each person has a different investment perspective and mindset, if someone has little capital and is willing to accept risks to receive high profits. Investing in altcoins is more suitable for them. This survey covers the entire cryptocurrency industry, but if we talk specifically about bitcoin, I think the results will be different.

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November 18, 2023, 07:14:39 AM
 #48

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.
Balanced? Hmm, but there is already a statistic laid in the first post, and we can clearly see their differences in terms of popularity or demand from the public. There are some who are very close but I never see anyone there who are " equally balanced ".

There is already NFT but they are separated with crypto, despite being on the same niche. This post is impressive for crypto or to its fans, but we are not sure if this will continue like this or it'll increase more because I'm also open to the possibility that it will decline. We shouldn't be sad though, because like you said, there are still other countries out there who might have a statistic like this.

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November 18, 2023, 05:51:16 PM
 #49

By visualizing the benefits of cryptocurrency young generation are accepting it more and more because everyone want to earn more and have better lifestyle. People from age of 25 realize well about earning and taking responsibilities therefore these youngsters keep checking a beneficial opportunity which offer them huge profit so cryptocurrency is the only way that can make their dreams true.

As millions of people are crypto users in France so may be in recent years it get permission to be use all over the world because no one can hide the good features of bitcoin. If youngsters are accepting bitcoin now with greater interest so it means that teenagers will be a part of cryptocurrency in a generation after us. Due to greater importance of bitcoin people are going to accept it and also in those countries where there is no use of bitcoin will soon follow the reason of success from other countries.



 

 

 

 

 

 


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November 18, 2023, 07:09:12 PM
 #50

I see Bitcoin forecasting as an investment and not for settling payments.
Most likely that's true - but I don't know if there is a survey that can be used as a reference to find out how many people use bitcoin as currency instead investment. This may not be a problem - but the bitcoin community and users will always be able to exploit bitcoin use cases whenever they want. Until today - bitcoin is just a payment alternative for me, it is not a major currency.

Therefore, you see downloads in the millions for platform applications and limited use of Bitcoin. Also, investing in Bitcoin, even if it is good, is not possible for us to know the real numbers, and the best we will find are approximate numbers from the tax data. Otherwise, some may try to say that it is He invests in Bitcoin to appear as if he is an educated person or knows modern investment trends.
We should not be surprised to find that bitcoin is mostly used for investment rather than as a means of payment. However, bitcoin adoption will continue to grow over time, especially if more and more countries are willing to legalize bitcoin as legal tender. It will take some time for many states to legalize it - but it will continue to grow as expected.

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November 18, 2023, 07:21:19 PM
 #51

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."

If this information isn't doctored and very accurate, then I can say that here in Africa that we have the young ones leading the cryptocurrency business and been the number one investment in the most of the countries is not really based on the increase number of unemployment but actual interest from individuals because if France where there is great employments numbers than some African countries that are limited with employment, then it's a great development in cryptocurrency.

While this is great, there should be a number of stats that shows how much some people have made in average from those years because I remember very well that in those numbers, the successful number of people that might made it out from last year to this year crypto investment will not be much because many of them know nothing about crypto volatility. In fact, many of them might have invested in altcoins and shit coins than bitcoin that is more d safer and less riskier.

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November 18, 2023, 09:32:07 PM
 #52

 I would not be surprised with the result of the survey since the French government is all out supportive about the cryptocurrency development. Trading and hodling bitcoin as well as other cryptocurrencies are legal in their country, and this motivates more the young generation to seize every opportunity investment when it comes to crypto, most particularly bitcoin. Its a good thing about the French government as they never limit their people to only trust fiat, but trust in crypto as well as it could create more financial security in the future when their crypto investment has paid off.

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November 18, 2023, 10:14:33 PM
 #53

Now that sounds like a country you’ll find different cryptocurrency trading stores and a country where you’ll get a lot of advise to invest in cryptocurrency. These statistics show how far we have come in the cryptocurrency sphere. Over time, I expect to see many other countries have really competitive stats on both crypto investments and crypto usage as a whole. Meanwhile, I’m not sure if it’s possible but isn’t there a way to get the stat of what cryptocurrency they invested in?

BTW: Your link is broken as it’s showing 404 error message.



 

 

 

 

 

 


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November 19, 2023, 08:19:09 AM
 #54

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."

With cryptocurrency being the second most popular investment in France, there is a growing interest in investing in the crypto currency among the country's youth.It might be a good opportunity for those youngsters.
The French government may have taken cryptocurrency as the second most popular investment to develop deeply in their country.Several cryptocurrencies, including Bitcoin, are already legal in France.
I think investing in crypto currency is popular not only in France but also in other countries of the world investing in Bitcoin is very popular and many people are accepting it freely.



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November 19, 2023, 09:06:03 AM
 #55

I will not be surprised at this survey that cryptocurrency is the second after real estate. This is because the youngsters have seen the bright future of cryptocurrency especially bitcoin as a better investment which is worth to generate profit for them in the long run and it is very easy to get started. Cryptocurrency is embraced by the youths because it is a digital currency and the world is becoming more digitalized everyday by day. I believe that in time to come cryptocurrency will even have more investors than real estate because both the poor and the rich can invest in it, but real estate is only for the rich. This shoes that the cryptocurrency adoption is growing rapidly in France.

Those who invest in cryptocurrency may be larger than those who invest in real estate, but I think that the amount of investment in real estate will in any case exceed investments in crypto. In the upcoming bull market, there will be a lot of people willing to invest in cryptocurrencies, but in a bear market, a decline will follow again and people’s interest in cryptocurrencies will subside again, everything repeats itself every time.

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November 20, 2023, 04:33:13 AM
 #56

We talked a little about this last week when I was chatting with a French friend of mine. He stated that he didn't see cryptocurrencies as an investment tool due to his beliefs and as the conversation went deeper I asked him different questions. Out of curiosity, I asked a few questions about what people in France think about cryptocurrencies in general. He also told me that there wasn't as much interest as in other countries of the world and that in France cryptocurrencies were an investment tool that was preferred only by young people and was not very common.

When I examine the survey here, I think of these two possibilities;

- My friend only expressed his own opinions and indirectly lied to me about this. Which I think is highly likely because he has lied several times before while we're talking.

- Another possibility is that I think the people who participated in this survey may coincidentally be more likely to be interested in cryptocurrencies. This is of course very unlikely but there is almost no possibility that this survey could have obtained data by asking questions to all French citizens. However, since the probability of this possibility occurring is very low I think the first possibility I mentioned may be more possible.
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November 20, 2023, 06:19:25 AM
 #57

The survey has made it so easy for everyone who is in doubt about crypto, this currency accommodates both the younger generation and old folks but the thing is, the innovation is more important to young folks because they have more time here to exploit it more, when I hear about cryptocurrency, am never shocked about it because this digital currency has proven beyond what we except, yes in the survey as it stands after real estate the next is crypto, that's to say that cryptocurrency might dominate as time goes by, with this survey, I now understand that the media is not doing us much good, most of them give fake information about crypto in other to lessen individual interest in it.

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November 21, 2023, 04:01:00 PM
 #58

I would not be surprised with the result of the survey since the French government is all out supportive about the cryptocurrency development. Trading and hodling bitcoin as well as other cryptocurrencies are legal in their country, and this motivates more the young generation to seize every opportunity investment when it comes to crypto, most particularly bitcoin. Its a good thing about the French government as they never limit their people to only trust fiat, but trust in crypto as well as it could create more financial security in the future when their crypto investment has paid off.
The governments of the European Union countries are almost all positive about cryptocurrency. Therefore, in the EU, laws and other by-laws that are friendly to cryptocurrency have been partially adopted and are being adopted, and there is a moderate regulation of its circulation in these countries. So this is not entirely news both for France and for the EU countries as a whole. Also, young people have always been more interested in cryptocurrency than older generations. This means that over time, cryptocurrency will be more in demand and spread more throughout the world.

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November 21, 2023, 04:11:41 PM
 #59

This survey looks interesting to me. The findings as well as the investment options provided made me a little curious. Crypto assets almost making it equal with the top choice which is real estate funds? And then there's also NFTs as the top 9 most popular investment option?

These are surprising to me, to say the least. And then I also cannot find precious metals and stones like gold and silver. There are also no jewelries. And to a country which attracted artists for centuries perhaps, and has abundance of artworks, and where the city of art is located, I didn't see artworks. Surely, NFT hasn't replaced it?

I think a lot of important input must be considered here. I believe that it also depends where you ask. I think if people live in cities, it is more likely that they have been in touch with crypto one way or another, like meet ups etc. But assuming that they really asked people in that age range randomly, around 10% is definitely realistic. In rural areas some other assets might be more dominant because of different lifestyles, like land and housing (real estate). But crypto is all over the place when I talk to people about investments. The times are over when people were shocked when you tell them that you are "one of these dudes who invest in shady Bitcoin".

I wonder how long it will take until banks actively advertise Bitcoin Cheesy

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November 21, 2023, 04:19:38 PM
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 #60

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."


Am so surprised to have seen France at the top of it with real estate then followed by cryptocurrency as their topmost investments, this is a sign that bitcoin is fast growing in the country and the people are accepting it use for their daily economy, in finance, or asset management, they are well performing with this two among the most recognized asset of an investment, there's no doubt that bitcoin is the reason why other cryptocurrencies are being included as an assets even though bitcoin still remains the most valuable one.
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