According to a June 2021 survey on cryptocurrency investments in Australia, 57 percent of respondents reported that the most important factor leading to an investment in cryptocurrency is self-research on the asset, its community, and engagement. Only two percent of respondents reported that guidance from a broker or financial institution was the most important factor.
Leading factors to consider before investing in cryptocurrencies in Australia as of June 2021
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Overview
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Investment
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Challenges
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BTC Markets. (September 15, 2021). Leading factors to consider before investing in cryptocurrencies in Australia as of June 2021 [Graph]. In Statista. Retrieved May 04, 2024, from https://www.statista.com/statistics/1264656/australia-factors-to-consider-before-cryptocurrency-investments/
BTC Markets. "Leading factors to consider before investing in cryptocurrencies in Australia as of June 2021." Chart. September 15, 2021. Statista. Accessed May 04, 2024. https://www.statista.com/statistics/1264656/australia-factors-to-consider-before-cryptocurrency-investments/
BTC Markets. (2021). Leading factors to consider before investing in cryptocurrencies in Australia as of June 2021. Statista. Statista Inc.. Accessed: May 04, 2024. https://www.statista.com/statistics/1264656/australia-factors-to-consider-before-cryptocurrency-investments/
BTC Markets. "Leading Factors to Consider before Investing in Cryptocurrencies in Australia as of June 2021." Statista, Statista Inc., 15 Sep 2021, https://www.statista.com/statistics/1264656/australia-factors-to-consider-before-cryptocurrency-investments/
BTC Markets, Leading factors to consider before investing in cryptocurrencies in Australia as of June 2021 Statista, https://www.statista.com/statistics/1264656/australia-factors-to-consider-before-cryptocurrency-investments/ (last visited May 04, 2024)
Leading factors to consider before investing in cryptocurrencies in Australia as of June 2021 [Graph], BTC Markets, September 15, 2021. [Online]. Available: https://www.statista.com/statistics/1264656/australia-factors-to-consider-before-cryptocurrency-investments/