Bitcoin
Bitcoin (BTC)
$67,391.00 -0.6968
Bitcoin price
Ethereum
Ethereum (ETH)
$3,476.44 -1.48345
Ethereum price
BNB
BNB (BNB)
$592.40 -1.32213
BNB price
Solana
Solana (SOL)
$178.56 -1.67128
Solana price
XRP
XRP (XRP)
$0.6085970 2.72926
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000177 -1.48435
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 -1.10525
Pepe price
Bonk
Bonk (BONK)
$0.0000299 -5.64743
Bonk price
Bitcoin
Bitcoin (BTC)
$67,391.00 -0.6968
Bitcoin price
Ethereum
Ethereum (ETH)
$3,476.44 -1.48345
Ethereum price
BNB
BNB (BNB)
$592.40 -1.32213
BNB price
Solana
Solana (SOL)
$178.56 -1.67128
Solana price
XRP
XRP (XRP)
$0.6085970 2.72926
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000177 -1.48435
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 -1.10525
Pepe price
Bonk
Bonk (BONK)
$0.0000299 -5.64743
Bonk price
Bitcoin
Bitcoin (BTC)
$67,391.00 -0.6968
Bitcoin price
Ethereum
Ethereum (ETH)
$3,476.44 -1.48345
Ethereum price
BNB
BNB (BNB)
$592.40 -1.32213
BNB price
Solana
Solana (SOL)
$178.56 -1.67128
Solana price
XRP
XRP (XRP)
$0.6085970 2.72926
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000177 -1.48435
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 -1.10525
Pepe price
Bonk
Bonk (BONK)
$0.0000299 -5.64743
Bonk price
Bitcoin
Bitcoin (BTC)
$67,391.00 -0.6968
Bitcoin price
Ethereum
Ethereum (ETH)
$3,476.44 -1.48345
Ethereum price
BNB
BNB (BNB)
$592.40 -1.32213
BNB price
Solana
Solana (SOL)
$178.56 -1.67128
Solana price
XRP
XRP (XRP)
$0.6085970 2.72926
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000177 -1.48435
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 -1.10525
Pepe price
Bonk
Bonk (BONK)
$0.0000299 -5.64743
Bonk price

French investors increasingly prefer crypto over stocks, survey reveals

french-investors-increasingly-prefer-crypto-over-stocks-survey-reveals
Edited by
News
French investors increasingly prefer crypto over stocks, survey reveals

A new study reveals that more French investors own crypto than stocks and ETFs.

The latest findings from a comprehensive survey shed light on the evolving investment habits of French individuals, highlighting a significant shift towards digital assets and alternative investment methods, particularly among the younger demographic.

A notable trend is the rising interest in cryptocurrencies, with 9% of the populace owning digital currencies, surpassing those holding traditional stocks at 7% and ETFs with 2%. This surge in crypto investment signals a shift in the investment landscape, fueled partly by the pandemic.

France’s new wave of crypto investors

The demographic profile of these new investors is predominantly male, with a marked preference for cryptocurrencies and Non-Fungible Tokens (NFTs) over traditional investment vehicles. Their investment decisions are largely influenced by non-professional sources, relying heavily on social media platforms and peer recommendations rather than seeking professional financial advice.

Interestingly, these new investors also demonstrate a strong inclination towards digital gambling and sports betting, a sector that has seen significant growth and digitization in recent years. This trend reflects a broader change in attitudes towards risk and investment.

Despite their enthusiasm, there is a concerning gap in financial knowledge among these investors. The French Financial Markets Authority (AMF) found that a majority of younger respondents, especially those 18-to-24 years old, had limited understanding of fundamental financial concepts like inflation impact, diversification strategies, and risk-reward balances. Despite this, a significant portion of this group aims to achieve rapid financial gains, often without a solid understanding of the complexities involved.