Things to consider for Crypto Investors in Europe
People in business and financial reserves have always been plentiful in Europe. Whenever it comes to investments and securing assets, its countries are always a step forward. The word cryptocurrency hit the Europeans hard, and they didn't need much time to understand it to start making massive amounts of money through trading crypto in Europe.
However, the reality is that Europe has the highest amount of cryptocurrency supply and has been a significant driver of higher cryptocurrency prices, especially bitcoin, in recent years. The impact of cryptocurrency on the lives of many European residents has been widely reported.
In an interview, Roberto Tonelli, a well-known Italian investor, recently said that he had perfectly covered all of his expenses related to the lavish wedding he had just attended. It is just a matter of knowing what to do and making informed choices at the appropriate moment to secure a winning contract. To utilize cryptocurrency most simply and commonly there is, you probably need to consider many things to do that.
It's all imperative when it comes to buying cryptocurrency in Europe; you need to choose the proper bitcoin exchange, make robust strategies, and also make sure that you follow the rules of your country that the European ISR implies; everything is significant when you're considering buying cryptocurrency in Europe.
Things to consider for Crypto Investors in Europe
Since its origins in a whitepaper on a mailing list, cryptocurrency has grown into an infrastructure of traders, apps, and ATMs in a multi-billion-dollar market. However, the existing consumer base of cryptocurrencies remains relatively unknown despite the 2017 boom.
Using data from Bitpanda, we explored the experiences of cryptocurrency investors across a wide range of data points in order to better understand these consumers. We have compiled a report with our findings before Buy Crypto Europe.
1. Investors in cryptocurrencies are most prevalent in London.
The quarterly survey we conducted in 17 European countries to track internet users reveals that 4% of them own cryptocurrency.
It should come as no surprise that Switzerland has the highest rate of ownership in Europe, and among the highest in the world, given its wealth and well-developed financial services sector. There are more crypto holders in London than anywhere else in Europe, even more than in Zurich.
There is a correlation between cryptocurrency ownership and market capitalization.
Those markets are young.
The percentage of engineers, financial service providers, and bankers.
High-income groups are comprised of the most significant proportion of people.
2. Some of them aren't wealthy.
The diversification of portfolios grows as wealth increases, as is expected. Compared to the bottom 25%, the top 25% hold 2.4 different types of investments on average.
Despite this, the wealth effect appears to be less evident in crypto than in other assets like bonds, art, and real estate. Wealthy consumers are almost six times more likely than the bottom 50% to own stocks and shares, mutual funds, and managed investment funds, but they own only 2.5x as many cryptocurrencies.
Diversifying into cryptocurrency is something people do as and when they have the means.
3. Anonymity is important to them.
Originally published on a cryptography mailing list in 2008, the ethos behind the cryptocurrency has always been about privacy.
It is clear that although Bitcoin was never intended to enable fully anonymous transactions, its unknown creator designed it to make it possible.
Cryptocurrency holders are no more concerned about their privacy than the average person, but they're more likely to take steps to protect it.
Additionally, they use VPNs over twice as often as the average person.
In general, VPN users use them to protect their anonymity, but about 1 in 2 are doing so to hide their web browsing from government surveillance. This percentage is about three times higher than among general online users.
4. You might be surprised by how slight a gender imbalance there is.
There isn't one demographic that dominates cryptocurrency investors. Instead, we see a combination of traits associated with higher levels of tech adoption, according to our other research.
Cryptocurrency holders are more likely than the average internet user in Europe to:
Younger than 35
Work for yourself or hire a contractor
Graduated from a postgraduate program
Outside the top 1% of wealth deciles, but among the top deciles
In the top 10% of income groups, men aged 25-34 who own the most cryptocurrency (21%) are most likely to hold it.
They're five times more likely to have cryptocurrency than the average internet user in our European markets, and they match the general perception of what cryptocurrency holders look like.
Instead, this percentage accounts for 4% - 1 in 25 - of European cryptocurrency investors despite their prominence.
It is an undeniable fact that cryptocurrency is volatile. Because of the sky-rocketing prices of cryptocurrencies there, crypto prices in Europe are known to be explosive. Keeping track of all market trends, studying statistics and the history of cryptocurrencies will help you deal with that situation. Last but not least, don't be impulsive and jump on any deal that catches your eye. Instead, take practical decisions and ignore your emotions.
Typically, the buying process takes a week or more since your account must be verified and registered. With the proper crypto exchange, you will not have to worry about the safety of your digital currency, and you will get the best return for your crypto exchange when it comes time to sell. Ekrona.om is the right place to Buy Crypto In Europe securely.