BlockBeats News, June 29th, according to a report by Cointelegraph, South Korea's Yea Financial Research Institute stated in its latest report "2050 Generation Virtual Asset Investment Trend" that over a quarter (27%) of South Koreans aged 20 to 50 own digital assets, with cryptocurrency investments accounting for 14% of their total financial portfolios.
Users of different age groups have varying levels of interest in cryptocurrency. The highest participation rate is among those in their 40s at 31%, followed by those in their 30s at 28%, and those in their 50s at 25%. 78% of respondents in their 50s stated that they use cryptocurrency as a way to accumulate wealth, while 53% said they are investing in cryptocurrency to prepare for retirement. 70% of respondents expressed interest in expanding their cryptocurrency investments in the future. Bitcoin remains the top choice for Korean investors, with 60% holding Bitcoin. However, as users gain more experience, many are starting to diversify their investments by turning to altcoins or stablecoins.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.