 |
A report from Ivy, a digital asset media company based in Vietnam, shows that nearly half of investors with incomes under $500 /month lose money when trading crypto assets. Specifically, 47.3% of members in this group lost money when investing in cryptocurrencies. Only 32% made a profit while 20.7% broke even. This rate is much lower than the 42% winning when investing of people with incomes over $500 .
The report shows that low-income groups are less likely to fail when investing than players with stable, abundant sources of money.
However, the proportion of this group is not large in the survey. Specifically, Ivy conducted research on about 4,300 members. Of which, less than 10% have a monthly income of less than 500 USD . The most active group with digital assets often has an income of 500-2,000 USD /month, with more than 60%.
“They are easily attracted to events of interest such as AI and memecoin. Media presence is a key factor influencing the decisions of this group,” the research team commented on the habits of customers earning less than $500 /month.
The investment “taste” of domestic users is also quite diverse. The report shows that they fully participate in investment tasks, hoarding or “farming” Airdrop rewards. Ethereum, Solana and BNB Chain are still the ecosystems that Vietnamese people trust.
According to international reports, Vietnam is a country with high awareness of cryptocurrencies. Triple-A and Chainalysis said that Vietnam currently ranks 7th in the world in terms of the percentage of people owning cryptocurrencies and 5th in the world in terms of popularity.
Data from the Vietnam Securities Depository and Clearing Corporation (VSDC) and Chainalysis also shows that the number of cryptocurrency owners in Vietnam by 2024 will reach 17 million people, nearly double the 9 million securities accounts.
Interest in digital assets in early 2025 on Google Trends also shows that the number of searches for cryptocurrencies has surpassed both real estate and stocks.
According to Mr. Nguyen The Vinh, Chairman of the Blockchain Association of Ho Chi Minh City, the transaction volume from Vietnamese people on cryptocurrency exchanges is estimated at 800 billion USD /year. Meanwhile, the above index in the stock market is about 180 billion USD . Thus, the new financial sector is attracting 4.4 times more transactions.
The figure of 800 billion USD in cryptocurrency transactions was calculated by Mr. Vinh based on published reports. In which, the Wall Street Journal said that Vietnamese people are the largest customer group of Binance, contributing 250 billion USD /year. In another report, this platform accounts for about 34% of the global CEX (Centralized Cryptocurrency Exchange) market share. The trading volume on decentralized exchanges (DEX) accounts for about 10%.
Source: https://znews.vn/nhom-von-it-thua-nhieu-nhat-khi-dau-tu-tien-so-post1573558.html
Comment (0)