Crypto Hotshots 2022 🔥♨️

Twitter Instagram Facebook Facebook Linkedin Youtube Spotify Medium Reddit Tik-tok Telegram
Voice of Crypto
  • VOC Explained
  • News
  • Analysis
  • Bitcoin
  • Altcoin
  • Press Release
    • Sponsored
    • Global Crypto Events
  • Services
    • Content Marketing Services
    • Crypto Influencer Marketing
    • Advertise With Us
  • Know Us
    • About Us
    • VOC Team
    • VOC Vigilantes
    • Brands Who Trust Us
    • Contact Us
Reading: 50% of Indian Investors Looking to Increase Their Crypto Investments
Share
  • bitcoinBitcoin(BTC)$28,045.00
  • ethereumEthereum(ETH)$1,752.94
  • tetherTether(USDT)$1.01
  • binancecoinBNB(BNB)$335.63
  • usd-coinUSD Coin(USDC)$1.01
  • rippleXRP(XRP)$0.380080
  • cardanoCardano(ADA)$0.337109
  • staked-etherLido Staked Ether(STETH)$1,747.99
  • matic-networkPolygon(MATIC)$1.12
  • dogecoinDogecoin(DOGE)$0.072288
  • Events
  • Videos
  • Podcast
Voice of CryptoVoice of Crypto
Aa
  • VOC Explained
  • News
  • Analysis
  • Bitcoin
  • Altcoin
  • Press Release
  • Services
  • Know Us
Search
  • VOC Explained
  • News
  • Analysis
  • Bitcoin
  • Altcoin
  • Press Release
    • Sponsored
    • Global Crypto Events
  • Services
    • Content Marketing Services
    • Crypto Influencer Marketing
    • Advertise With Us
  • Know Us
    • About Us
    • VOC Team
    • VOC Vigilantes
    • Brands Who Trust Us
    • Contact Us
Follow US
Copyright © 2023 Voice of Crypto. All Rights Reserved
Voice of Crypto > News > 50% of Indian Investors Looking to Increase Their Crypto Investments
News

50% of Indian Investors Looking to Increase Their Crypto Investments

Sreerupa Biswas
Last updated: 2023/03/14 at 10:54 AM
Sreerupa Biswas Published August 24, 2022 March 14, 2023
Share
Ultimate-Indicators-for-Crypto-Trading1

The crypto industry has hit some exciting peaks and troughs over this last bear market cycle, but prospects have been looking up lately. In India, crypto could find a footing because of the recent digitization wave, and it looks like Indian investors are on their way to making cryptocurrency a bigger deal in the country.

Contents
Kucoin’s Report on Crypto InvestmentsCrypto Investment Market Stats

Kucoin’s Report on Crypto Investments

Kucoin recently published a report claiming that over 50% of Indian crypto investors are interested in increasing their investments in the industry over the next six months.

The report in question is quite a thorough reading of the matter, involving 2,042 Indian adults falling into the 18 to 60 years age category, whose responses have turned up some interesting data to analyze. It turns out that investors are viewing the industry as a long-term opportunity for investments and returns instead of a volatile industry that hits highs and lows unpredictably and inconveniently.

The report says explicitly that quite a large chunk of Indian crypto investors consider crypto to be where all kinds of finance are ultimately headed in the foreseeable future~ 56%, to be precise. 54% swear by their belief that crypto is about to turn into big profits for them, with a higher return on investment.

Only 24% consider crypto a hyped-up fad, which means that the entire crypto industry is slowly gaining credibility.

The report also points out that the crypto industry is also finding new entries from the older generation~ the one that did not necessarily engage with the newly digitized country. For example, 10% of Indian adults now express interest in checking out crypto for themselves, maybe even investing.

Crypto Investment Market Stats

As of June 2022, the study records the existence of about 115 million crypto investors in India, which itself is already quite a substantial number. This means that 15% of the Indian population aged between 18 and 60 are already on the crypto bandwagon.

And, of course, it is not like the industry is in decline. This number can only be expected to grow further. In fact, by 2030, the Indian crypto industry can be expected to grow to a staggering $241 million by 2030, according to the report published by Kucoin.

Of course, one can not rule out investors’ risks. Like any other investment opportunity, the crypto industry is not entirely risk-free.

Naturally, 23% of the respondents have justifiable concerns about losing all their money to crypto crashes, and 26% of the respondents expressed their fears regarding hackers gaining access to their assets or personal information concerning their crypto dealings. It is a valid concern since the idea of any risk is worrisome.

However, the numbers largely point to the direction of a growing number of crypto investigators from India. 

 

You Might Also Like

XRP Market Cap Smashes $20B As Ripple vs. SEC Case Stirs News

Dogecoin Whales Make Massive Moves – Where Is DOGE Headed?

SVB Collapse Stalls NFT Market Growth

Ripple (XRP) vs SEC: Deciding Future of Crypto

3 Top Altcoins to Watch as the Crypto Market Turns Green

TAGGED: Hacks
Share this Article
Facebook Twitter Email Copy Link Print
Previous Article VOC, Voice of Crypto, Indian Crypto Exchange, CoinSwitch Here’s How India Plans to Boost Web 3.0 Adoption
Next Article Crypto Market Turns Green Bitcoin Price Fails While This Altcoin Shows Greater Correlation to S&P 500
Leave a comment

Leave a Reply Cancel reply

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

Binance

Follow US

Find US on Socials
Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Subscribe to our Newsletter

Get Newest Articles Instantly!

Ledger
Popular News
Web3 Shorthand
Web3 Shorthand: A Glossary for Crypto Newbies
Voice of Crypto XRP
XRP Market Cap Smashes $20B As Ripple vs. SEC Case Stirs News
Quick-Tips-To-Avoiding-A-Fake-Crypto-Wallet
Quick Tips To Avoiding A Fake Crypto Wallet

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Instagram Facebook Facebook Linkedin Youtube Spotify Medium Reddit Tik-tok Telegram
Voice of Crypto

Voice Of Crypto hits a beat with almost 15 million users, churning out the best news and content in the Web3, crypto and blockchain space

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

  • Advertise With Us
  • About Us
  • Privacy Policy

Copyright © 2023 Voice of Crypto. All Rights Reserved

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?