🇻🇳 Vietnamese people with an income below 500 USD suffer the most losses in crypto
According to a report from IVY, a survey of more than 4,300 crypto investors in Vietnam found that:
- Income group below 500 USD/month: The highest loss rate at 47.3% - 20.7% break-even - 32% profitable. => This group often follows coin trends, meme coins, AI, and is easily influenced by KOLs and media.
- Income group 500 - 2,000 USD/month: 42.4% profitable - 32.2% losses - 25.4% break-even. This group relies on community news, fundamental analysis, and is less influenced by KOLs.
- High income group above 2,000 USD/month: Profits and losses are balanced (~41.8%) and 16.4% break-even - meaning they do not incur a capital loss. They prioritize information from online/offline communities and do not like to follow meme coins.
CEO Nguyễn Duy Tín shared: Most Vietnamese crypto investors are young, dynamic, and sensitive to blockchain (DeFi, NFT, GameFi), but they need to keep a cool head to avoid being hasty and greedy in wanting to win big quickly. Crypto is a market NOT for those lacking knowledge, but should be seen as a place where technology shapes the future of finance.
AE confirm if this survey looks accurate??