Survey Reveals 45% Of Indian Users Are Investing In Crypto
A Mudrex survey reveals that nearly half of Indian individuals with retirement plans have invested in crypto, with 45% of users allocating funds to digital assets.
The majority (59%) prefer making financial decisions independently, reflecting a desire for self-reliance and empowerment.
However, only 5% turn to financial advisors for guidance, highlighting a gap in advisory services, particularly within the crypto sphere.
70% of users who have invested in cryptocurrencies make their decisions independently, underscoring the growing financial literacy and confidence among crypto investors.
Motivation plays a crucial role in driving investment decisions, with 63% identifying wealth growth as their primary motivation for investing.
A higher percentage of crypto-invested respondents share this sentiment, underscoring the perceived wealth-building opportunities presented by cryptocurrencies.
The recent surge in Bitcoin price has injected fresh life into Indian cryptocurrency exchanges, with trading volumes reaching a ten-month high in February.
(With inputs from Shikha Singh)
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