Nearly a third of South Korean workers invest in criptomonedas
SEOUL, Dec 27 (.) .- 31% of workers in South Korea has invested in criptomonedas in order to make money quickly, according to a survey of job search portal Korean Saramin.
The study notes that 31% of workers surveyed had invested in virtual currency, with an average investment per capita of 5.66 million won (4,438 euros).
44.1% of respondents spent less than one million won (782 euros), while 12.9% reported having invested more than 10 million won (7,838 euros).
As for profits, 80.3% of respondents said they had made money, 6.4% who had lost, while 13.2% said that their investments were unchanged.
More than half of these workers-a 54.2% – said they had decided to start investing in cryptocurrency because it is “the fastest way to make money”, while the remaining percentage did it because “it is easy to invest small amounts” .
South Korea is one of the most important cryptocurrency markets, where nearly two million people have virtual currencies like Bitcoin or ethereum , according to data collected by the local agency Yonhap.
The criptodivisas have become a popular means of payment in South Korea and Japan, but also in a way to deposit savings or pension fund before the subpar returns from other investment assets.
Despite this, analysts also warn investors of a possible bubble effect, as the sharp increase in the price of these coins is not a reflection of their real price, so there is a risk of a sharp drop.
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