The DACH Region (Germany, Austria, and Switzerland) From A Recent As A Partner With BTC-ECHO Which Is Germany’s Leading Media Outlet In German-Speaking Nations For Digital Assets. Research, describes the situation at German digital assets in 2024,been conducted among 2400 private investors. It turned out that among the respondents, 50% now put more than 20% of their total assets in digital currency market.
Cautious optimism among DACH crypto investors
Overcoming the Investors’ Market Challenge for Cryptocurrency During the Shift From Skepticism to Maturity, a Recent Survey Demonstrates that Digital Assets Are Increasingly Getting Into Investor Portfolios.
Nearly two-thirds of those investors having more than half their assets in crypto, who are called in the study “long term holders”, are planning to invest their capital for a medium to a long-term period which can reach five years and more.
The survey has two priorities instead of investing in digital assets, the individuals must be cautious while being positive towards investing in digital assets. There is a group of people that show their concern regarding digital currencies, as 40% of the participants consider investing in this asset as “somewhat risky”.
Nevertheless, unchanged rate of those who believe it as “rather safe” – 34% from the last year – provides us with the hope that we can start to think about the future in a positive way. In addition to this, Bernd Oppold of Financial Services at KPMG AG shared about a new trend, saying, “The past year saw a lot of volatility and yet optimism for the future is high as revealed by a renewed confidence among the investors.”
Safety considerations among investors
Cryptocurrencies, such as Bitcoin and Ethereum, have ceased to be the only players in the transaction sphere. Bitcoin is liked by 91 percent of the respondents( – it is seven more percent than a year earlier) while Ethereum( – ETH ) is appreciated by 78 percent (+8 percent compared to last year).
The study also recognized that cryptocurrency exposure rose in parallel with other coins like Solana, which went up 9 percent in the demand ranking.As a result of this rising popularity of cryptocurrencies, survey indicated emerging players are becoming increasingly heedful in learning befores taking their decisions.
The registration on cryptocurrency exchanges has keenly decreased up to 86%, actual usage being a lagging value equivalent to increased tension amid potential investors.
Security, funds’ withdrawal/deposit modes, and transaction expenses are undoubtedly the most influential investment factors for investors who believe that the exchange they are going to use is the cryptocurrency exchange they use.
The concerns about reliability and cost are the most important decision-making conventions that reflect an market bordering on 82 percents of such habits when choosing platforms.
Rising trust in crypto amid regulatory and fraud concerns
According to the study, stringent regulations and market manipulation in current financial market alongside money laundering and other financial frauds perceived as the biggest risks among crypto investors.
These worries elucidate the difficulties, as the sector of cryptocurrencies is still a new phenomenon that only a few investors can afford to invest in.The digital assets cooperation in Germany 2024 report by KPMG in partnership with BTC-ECHO reveals many positive changes in the investment outlook for the DACH region, with more individuals committing a noteworthy percentage of their assets to cryptocurrencies.
The findings from the survey have really shown the resilience in the trust and confidence by the market digital assets, however, there is still the right approach by investors on the market risks during a time of uncertainty in market volatility.
It is due to growing adoption of digital currency that this study of cryptocurrency market dynamics. The insights are paramount in comprehending the shifting landscape that is the cryptocurrency market.
News quoted from Study Performed By KMPG
