Impact of Bitcoin and cryptocurrency on investment in Africa vs. Europe

Bitcoin and other cryptocurrencies are expected to grow in popularity in 2020 and 2021, with their market value increasing dramatically. As a result, many individual and institutional investors are now interested in learning more about crypto investing. These techniques will differ depending on where you are in the world.

Africa and Europe are two very different worlds in terms of politics and economics. This, without a doubt, opens up new investment options. Due to, and as a result of, Europe’s riches, it is a little more conservative in its investment.

Germany, for example, has a massive economic surplus that has been condemned as greedy by some. Africa, on the other hand, has typically pursued higher-risk investment possibilities. Cryptocurrencies such as Bitcoin, Ethereum, and even Dogecoin are examples of this today.

These assets carry a significantly higher risk, but they make sense for African investors who are accustomed to more volatile currencies and general instability. Furthermore, for many Africans, crypto investing is a means to get around what we consider to be bad local fiscal and monetary policy. A policy that is frequently perceived as damaging customers, limiting growth, and making it more difficult to transform your efforts into profits.

Germany, for example, has a massive economic surplus that has been condemned as greedy by some. Africa, on the other hand, has typically pursued higher-risk investment possibilities. Cryptocurrencies such as Bitcoin, Ethereum, and even Dogecoin are examples of this today.


These assets carry a significantly higher risk, but they make sense for African investors who are accustomed to more volatile currencies and general instability. Furthermore, for many Africans, crypto investing is a means to get around what we consider to be bad local fiscal and monetary policy. The policy is frequently perceived as damaging customers, limiting growth, and making it more difficult to transform your efforts into profits.

Who Invests in Crypto in Europe, and How Often?

Individuals and institutions who invest in cryptocurrencies have differing perspectives on where they should put their money. Some businesses and people are eager to purchase Bitcoin and other high-value cryptocurrencies, as well as engage in mine, which is especially essential for businesses looking to be ahead of the curve and use their excess capital to generate more revenue.

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So, these are the investors and methods that are focusing on furthering the development of cryptocurrency and Bitcoin. Then there are some who are more interested in learning more about the underlying technology, such as blockchain. Blockchain provides tremendous value to both consumers and companies.

Processes are automated and safe thanks to this technology, since there can be no human error in the public ledger, which automates shipments and other transactions, saving time, effort, and increasing precision and productivity.

For the time being, Europe is more inclined to accept blockchain as a viable financial choice. To some extent, cryptocurrencies and digital currencies appear to be a good concept. For example, the European Central Bank (ECB) is working on a digital currency project that would ostensibly function alongside the euro in order to increase stability and aid the European Union’s transition to an online single currency that allows it to welcome innovation.

What about investing in crypto in Europe?

In Europe, there is a somewhat distinct type of cryptocurrency investing. Naturally, major technical advances continue to propel the sector ahead as a whole, but there are also higher-risk investments. France is at the core of a lot of intriguing cryptocurrency developments in Europe. French firms and people appear to be interested in entering the cryptocurrency industry, but not to the same degree as African investors. France is often regarded of as Europe’s digital and inventive powerhouse.

Companies and private people in France appear to be hesitant to invest in cryptocurrencies as an asset. The interest appears to be there, but because of the conservative investment culture, many people are just investigating the possibilities rather than taking action. Bitcoin does not appear to be the preferred cryptocurrency for many European and French investors.

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Europeans appear to have more FIAT savings and are less willing to risk them on digital currencies, but the massive returns they may make by investing even a modest amount in crypto remain alluring.

Of course, most of this is based on conjecture rather than hard, cold facts, which is a cause for concern. However, the greatest method for becoming a good investor is to regard your investing money as something you may risk and lose.

There are numerous factors to consider in terms of long-term sustainability. We’ll just put them as bullet lists to make it easy to follow along :

  • Long-term objectives
  • Investment return
  • Adapting to new technologies

When it comes to long-term viability and prospects, each of these is critical to examine. Of course, some alternatives guarantee a greater potential return, which is what attracts many people to choose one over the other.

Finally, whether you invest in Europe or Africa, you should think about your own unique requirements rather than succumbing to pressure from investing communities.