The current state of the market shows that new individuals are approaching investments with caution and care. They are carefully evaluating potential investment opportunities with increased vigilance and patience.
Because of this, service providers are required to put in more effort to attract potential clients and convert them into customers. When choosing cryptocurrency exchanges, investors prioritize factors such as security, options for deposits and withdrawals, and transaction costs.
A 2023 report reveals that 34% of investors feel that their digital asset investments are “rather safe.” However, their primary concerns revolve around market manipulation, regulatory uncertainty, and financial crimes.
In comparison to 2023, Bitcoin’s dominance in the portfolios of surveyed investors has increased by 7%, maintaining its position at 91%. The German government is actively working on shaping cryptocurrency regulations to safeguard investors and stabilize the financial system.
