Will you be Bitcoin rich this Easter?

A recent survey conducted by Crypto.com, which surveyed over 2000 Australians, found that about 26% would be likely to buy crypto-centric gifts.

Crypto currencies have been getting a lot of attention because of their massive rally since the 2020 market crash. Bitcoin is up 300% and the popularisation of non-fungible tokens (NFT’s) have seen incredible sale prices of digital art - with one NFT selling for more than half a billion dollars.

50% of the 2000 Australians who were surveyed said that they would be buying Bitcoin and Ethereum as gifts and about 42% said they are looking at coin vouchers and non-fungible tokens.

Because there are still so many unknowns around crypto currencies and their place in modern society, naturally security is a big concern. The survey showed that 8 out of 10 respondents prioritised security when choosing where to buy crypto, while 78% said they look for low fees.

Is crypto flying to the moon? Or will it crash and burn like the dot com bubble? Nobody knows, but one thing is for sure, having educated, strategic advice, is a secure way to keep your hard-earned money safe.