In the last seven days the cryptocurrency market has breathed a very positive atmosphere, this if we take into account the rise of 1.5% that on average have experienced the main cryptocurrencies by market capitalization.
The above somehow creates a certain scenario to invest in this price zone that according to a large number of experts is probably one of the potential buying zones that the market will give us before starting any bullish cycle.
Now, beyond the behavior of the price action that cryptocurrencies are currently experiencing, it is worth noting that despite the scenario of attack that cryptocurrencies receive daily, there are still people who claim to have improved their standard of living thanks to cryptocurrencies.
In this regard and according to Zhiyuan Sun of Cointelegraph, "According to a new survey by cryptocurrency exchange Bitget released on October 5, 46%, 44% and 41% of respondents in South Korea, Canada and Turkey stated that improving their standard of living is their main financial goal when investing in digital assets."
In attention to the information socialized by Sun, "About 27% of female crypto-investors in the U.S. and Turkey stated that they invested in digital assets to fund their children's education, compared to only 5% in South Korea and Japan.
Now, "In terms of amount invested, users in China showed the highest level of commitment, with 18% allocating sums between USD 50,000 and USD 100,000, and a further 19% investing between USD 100,000 and USD 500,000 in cryptoassets"
SOURCES CONSULTED
Cointelegraph. Nearly half of crypto users invest to boost living standards: Report. Link
OBSERVATION:
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Greetings @lupafilotaxia, the volatility and the very good background that the crypto market has, in terms of the increase in invested capital makes it very attractive to invest with the intention of improving our quality of life and being able to increase our investments prpgresively.
See you later, have a great week.
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Hello dear friend @amestyj
Good point, certainly the cryptomarket is very attractive to invest with the intention of improving our quality of life in a progressive scheme.
Best regards, be well.
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Everyone is worried about crypto these days. But expect the market to pump a good amount in 2024.
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Hi @nazmulhudaa
The progressive and adoption scheme that cryptocurrencies has been experiencing is part of growth cycle, I agree 2024 will be a great year for the cryptomarket.
Best regards, be well.
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Yeah, expectations are rife that the crypto market will pump decently next year but the real bulls will come 2025 if history is to be relied upon.
Thanks
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Thank you
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