48% of investors participating in the survey have a monthly income of 10-25 million VND
Income is also an important factor for Vietnamese investors, notably 48% of domestic investors have a monthly income of 10–25 million VND participating in the market. This indicates a quick-rich mentality among investors, leading to continuous entanglement in fraudulent projects or pyramid schemes. Following this, the group earning under 10 million accounts for 30% and the group earning 25–100 million VND accounts for 16%.
The group with the highest income over 100 million is also the most modest group with only a mere 6%. This data shows a reality that the high-income group in Vietnam participates very little in the cryptocurrency market due to strong volatility, while the group with above-average income like 10–25 million and under 10 million is the most numerous group of investors.
What reasons lead these investors to participate in the Crypto market so much?
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