Factors to consider before investing in cryptocurrencies in Australia 2021

Published by Statista Research Department, Apr 3, 2024
According to a June 2021 survey on cryptocurrency investments in Australia, 57 percent of respondents reported that the most important factor leading to an investment in cryptocurrency is self-research on the asset, its community, and engagement. Only two percent of respondents reported that guidance from a broker or financial institution was the most important factor.

Leading factors to consider before investing in cryptocurrencies in Australia as of June 2021

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Release date

September 2021

Region

Australia

Survey time period

June 2021

Number of respondents

1,800 respondents

Special properties

among Australians accross demographic segments

Method of interview

Online survey

Supplementary notes

The survey asked: "What is the most important factor you consider when deciding which crypto to invest in?"

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Statistics on " Cryptocurrency in Australia "

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