Survey: “73% of millionaires have invested or are preparing to invest in cryptocurrencies»

Survey: “73% of millionaires have invested or are preparing to invest in cryptocurrencies»

The deVere Group conducted a survey, according to which 73% of people with significant capital have already invested, or plan to invest in digital assets by the end of 2022.

More than 700 people from different regions of the world took part in the survey, including both rich countries in Europe and North America, as well as less affluent countries in Africa and Asia. Respondents were required to have an investment capital of more than 1 million pounds.

“As the survey showed, the impressive results of cryptocurrencies attract rich investors. They are increasingly aware that digital currencies are the future of money, and they don’t want to be left in the past. A similar survey last year showed that 68% of wealthy individuals plan to invest in cryptocurrencies. Growth was 5% for the year, ” said deVere Group founder Nigel Green.

He also added that many of the wealthy respondents see that the reason for the growth of the cryptocurrency market is the growing interest from institutional investors. Digital assets now provide very high returns.

Green stressed that most wealthy investors, including the largest Wall Street banks, have already realized that decentralized currencies will not go away, and this will lead to new cash injections into the already booming industry. The decision of the payment company PayPal to provide cryptocurrency services to its customers in the United States will also contribute.

The CEO of deVere Group noted that investors are attracted to bitcoin by the opportunity to hedge the risks of inflation. Fears of rising inflation are growing stronger, especially in view of economic stimulus measures by various countries.

“Wealthy people are not ready to miss the opportunity to participate in the future of money, and therefore they change the investment portfolio, increasing the number of digital assets,” Green concluded.

Earlier, investor Stanley Druckenmiller (Stanley Druckenmiller) said that investing in bitcoin will be more profitable than investing in gold.