Is it a real catalyst for the 2019 market for investors?

Why is it so important to spread knowledge about cryptocurrencies?

The cryptocurrency market It did not have a good year when we look at the price of the most popular virtual currencies. Due to this situation, several investors remained out of the market. However, there is another important reason why individuals have preferred not to invest in cryptocurrencies during this year.

According to a recent survey published by eToro, the lack of knowledge of virtual currencies has played an important role in keeping investors away from the marke. eToro is one of the most popular trading platforms on the market.

The survey, which was answered by 1,000 online investors in the United States, shows that 69% of respondents are interested or very interested in having a better knowledge of virtual currencies.

According to Guy Hirsch, U.S. Managing Director at eToro commented that there is a big demand that is not met.

On the question, he commented:

"There's a huge demand that is not currently met to get advice from registered investment advisors on how to get into this asset class." It's an unexpressed opportunity that's currently available to companies. and consultants to leverage. "

About 75% of the investors respondents said they did not have enough knowledge cryptocurrencies, the market and the technology to invest in it. Furthermore, 20% of cryptic investors replied that they did not have all the necessary information on the encrypted.

This has less influence in the millennials. 40% of those who did not invest in virtual currencies because they did not have adequate information about their investments. In addition, 73% of the millennial respondents said that they would be favorable to the use of financial advisors if they were able to invest in the market.

With more access to information, the virtual currency number investors it could be even bigger The market has been on a downward trend since the beginning of the year and, with greater knowledge, it may be possible for space to receive a new influx of investors.