According to a June 2021 survey on cryptocurrencies in Australia, 43 percent of respondents stated that they did not invest in cryptocurrency because it was too volatile/risky. The second leading reason for not investing in cryptocurrency was that respondents would rather buy shares or have money in savings.
Leading reasons for not investing in cryptocurrency in Australia as of June 2021
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Other statistics that may interest you Cryptocurrency in Australia
Overview
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Australian consumers
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Investment
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Apps and payment facilities
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Challenges
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- Premium Statistic Leading challenges to investing in cryptocurrencies in Australia 2021
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Further related statistics
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- Cryptocurrency awareness in Canada 2019
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Statistics
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- Sources which first introduced people in the UK to cryptoassets, as of 2018
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finder.com. (September 2, 2021). Leading reasons for not investing in cryptocurrency in Australia as of June 2021 [Graph]. In Statista. Retrieved May 04, 2024, from https://www.statista.com/statistics/1264594/australia-reasons-for-not-investing-in-cryptocurrency/
finder.com. "Leading reasons for not investing in cryptocurrency in Australia as of June 2021." Chart. September 2, 2021. Statista. Accessed May 04, 2024. https://www.statista.com/statistics/1264594/australia-reasons-for-not-investing-in-cryptocurrency/
finder.com. (2021). Leading reasons for not investing in cryptocurrency in Australia as of June 2021. Statista. Statista Inc.. Accessed: May 04, 2024. https://www.statista.com/statistics/1264594/australia-reasons-for-not-investing-in-cryptocurrency/
finder.com. "Leading Reasons for Not Investing in Cryptocurrency in Australia as of June 2021." Statista, Statista Inc., 2 Sep 2021, https://www.statista.com/statistics/1264594/australia-reasons-for-not-investing-in-cryptocurrency/
finder.com, Leading reasons for not investing in cryptocurrency in Australia as of June 2021 Statista, https://www.statista.com/statistics/1264594/australia-reasons-for-not-investing-in-cryptocurrency/ (last visited May 04, 2024)
Leading reasons for not investing in cryptocurrency in Australia as of June 2021 [Graph], finder.com, September 2, 2021. [Online]. Available: https://www.statista.com/statistics/1264594/australia-reasons-for-not-investing-in-cryptocurrency/