KPMG Study Reveals Crypto Inspires Optimism and Confidence Among Investors in Three Central European Nations
1 min read

KPMG Study Reveals Crypto Inspires Optimism and Confidence Among Investors in Three Central European Nations

A new study conducted by KPMG, one of the largest accounting firms in the world, has revealed that crypto investors in Germany, Austria, and Switzerland are heavily investing in digital assets. The study, which was conducted in partnership with BTC-ECHO, a German-language crypto media platform, surveyed 2,400 private digital asset investors in the DACH region.

According to the study, the respondents have allocated an average of more than 25% of their total assets to crypto. Over half of the investors (54%) have invested at least 20% of their total assets in digital assets. When it comes to risk perception, 34% of the investors consider their crypto investments to be “rather safe,” while 43% view them as “rather risky.” The respondents identified market manipulation, regulation, and financial crime as the biggest risks in the crypto space.

Unsurprisingly, Bitcoin (BTC) emerged as the most popular crypto asset among the surveyed investors, followed by Ethereum (ETH). At the time of writing, BTC is trading at $63,031, while ETH is trading at $3,092.

Bernd Oppold, a partner at KPMG AG Wirtschaftsprüfungsgesellschaft, explained, “Our study demonstrates the growing importance of digital assets. Despite the sector’s volatile sentiment in the past year, investors are currently optimistic about the future.”

It is important for investors to conduct thorough research and due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Transfers and trades in this space come with inherent risks, and any losses incurred are the responsibility of the investors. The Daily Hodl does not provide investment advice or act as an investment advisor. Please note that The Daily Hodl engages in affiliate marketing.

Leave a Reply

Your email address will not be published. Required fields are marked *