Most Preferred Cryptocurrencies in Turkey Announced

A research conducted by Bitci.com and Future Bright provided important information about the crypto money industry in Turkey. The research revealed many details from the crypto currency most preferred by the Turks to their average age and their knowledge about the blockchain.

Turkey, which is one of the countries where the most crypto money investments and transactions are made worldwide, continues to increase the number of investors day by day. So, how do investors in Turkey follow the cryptocurrency market? What is the situation of female crypto money investors in Turkey? Here are the answers to these questions and more. Published by Bitci.com and Future Bright given in the new report.

The survey conducted in September 2021 with the participation of 1,003 Turkish potential and existing investors revealed Turkey’s investor portfolio. Survey of cryptocurrency investors the average age is 30.1 showed that there was a great increase in the number of female investors in particular.

The ratio of female investors increased significantly

Accordingly, the number of female crypto money investors in Turkey, which was limited to 10% in the past years, managed to reach 38% as of today. When women who have not yet invested in cryptocurrencies but are considering doing so are added to this number, the rate of women becomes It goes up to 50%.

In addition, the survey also provided important information on asset investment in Turkey. Cryptocurrency investors with 54% most prefers Bitcoin Other popular choices were as follows:

  • dogecoin – 34%
  • Ethereum – 30%
  • LiteCoin – 25%

In addition, when looking at the cryptocurrencies owned, Bitcoin ownership more female investors preferred by men higher trend towards altcoins was also seen. Other remarkable results from the report were as follows:

  • The average holding period of cryptocurrencies for investors is 15.3 months.
  • While 71% of the investors answered ‘security’ as the ‘ideal investment tool feature’, those who followed it were ‘high return’ and ‘easy traceability’.
  • Investors check the developments in prices 7 times a day on average.
  • 62% of investors trust cryptocurrencies, with 31% neutral and 7% negative.
  • of investors only 16% reported that he was ‘quite knowledgeable’ about blockchain.
    • 33% have ‘some knowledge’,
    • 37% of them ‘heard but do not have enough information’,
    • 14% said they had never heard of blockchain.

Turkey may be the leading country in blockchain technology

blockchain

Bitci Teknoloji CEO Onur Altan Tan stated that the research sheds light on the crypto money industry in Turkey and made the following statement:

“Apart from all these data, the most important output of this research is as follows: Cryptocurrencies are seen as an investment tool in Turkey day by day. It is possible to say that this perception will get stronger in the coming period. One of the top priorities for this is the implementation of legal regulations. In the research, one out of every two investors thinks that the lack of legal regulation in Turkey is one of the biggest obstacles to the sector. With the regulations that will come into our lives in the near future, Turkey may be one of the leading countries in the world of blockchain.”


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