Survey: Brazilians invest 7% to 35% of their assets in cryptocurrency
According to ChainCatcher news, as reported by Cryptonews, Brazil's top regulatory body—the Securities and Exchange Commission (CVM)—recently released a survey result indicating that more Brazilians are now investing in, trading, or holding Bitcoin and other cryptocurrencies, with investors allocating 7% to 35% of their funds to purchase these tokens. This study was conducted by the CVM in 2023 and surveyed the investment behaviors of over 700 individuals.Respondents were categorized into three types of investors: "conservative," "moderate," and "aggressive." Conservative investors allocate an average of 7.25% of their savings to cryptocurrencies, while moderate investors invest 21% of their financial product portfolios in crypto assets. Aggressive investors are the most optimistic, with crypto assets making up as much as 35% of their portfolios.Notably, about 50% of respondents consider themselves aggressive investors, indicating a strong enthusiasm for cryptocurrencies among Brazilian investors. In contrast, conservative investors have more traditional portfolios, with over 50% consisting of CDBs and RDBs, two types of fixed-income securities, and they also prefer government bonds, while the choice of foreign currencies is relatively limited.