Bitcoin [BTC] in the current fluctuating scenario of the crypto market would naturally seem risky for the investors. However, a different view is captured among the UK millenials who prefer to invest in Bitcoin [BTC] to real estate properties. According to a recent report by BCFocus, Bitcoin [BTC] is becoming more accessible to people as South Africa would get its first functional Bitcoin [BTC] ATM.
A survey has been conducted in United Kingdom which suggests that the youth finds it wise to invest in Bitcoin [BTC]. The research shows that 21% of the population comprising the youth from 21 to 35 years plans to make investment in Bitcoin [BTC] rather than property.source
Get Living, a developer of build-to-rent based in UK conducted the survey involving 3000 millenial participants. The purpose of the poll has been to comprehend the stand point of these youthful people on making investments in properties. The poll results detect that nearly quarter of the population feel that better channel of investments are available than devoting time and money in real estates.
The study reveals that those considering investment in property as a “high risk” deal comprise 57% of the millenials. This high percentage of the population thinks property investment to be risky for the coming five years. However, 21% of the millennials consider investment in Bitcoin [BTC] better than that of real estate.
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With all the great news of the last weeks, the situation is potentially very bullish. Many exchanges are preparing stronger platforms that will allow institutional investors to enter into crypto market. A great number of crypto are working on very interesting roadmaps. But now this market is a bit depressed and volumes are low, so maybe we will need of new accumulation period.
thats a nice step from UK but also as its crypto deals no one knows its really done under legal ways or not
and due to that some scammers are opening HYIP sites on the basis of Bitcoin Real Estate Investment,...
I have covered it here:
https://steemit.com/bitcoin/@btcehelper/westland-storage-4-instant-withdrawals-a-single-day-within-10-minutes