South Korean retail cryptocurrency investors are still extremely active and increased their holdings in 2018, shows a survey of the Korean Investors Protection Foundation, cited by Arirang News. On average, respondents in the survey held about $6,000 in cryptocurrency, although some age groups were more active.
Investors in the 50-year-old group had more than $11,000 in crypto holdings, and most investors increased their holdings in 2018. There are still skeptics, who are avoiding any investment in digital assets, the survey shows.
South Korean regulators have been careful about risky investments, as retail investors have been hurt in the past by schemes unrelated to digital assets. In the past year, th...