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27
Oct, 2020

European Investors Prefer Cryptocurrencies

Cryptocurrencies are a viable option for any portfolio as they offer really good returns with sizeable risk for any kind of investement.

 

A CoinTelegraph survey shows that the largest investment firms in Europe have already start to invest in cryptocurrencies. The survey shows that 36 % of the investors have already invest in cryptocurrencies while the 25 % want or they have plan to invest in cryptocurrencies.

 

The majority of investments have been done in Bitcoin and Ethereum, showing the path for the rest of the cryptocurrencies and how they could enter larger portfolios. The speculation element is crucial for cryptocurrencies and many investors want to exploit market volatility while companies like MicroStrategy, Stone Ridge and many more have started to buy large batches of cryptocurrencies, shaping their strategy accordingly.