ANALYSIS: South Korean market investment trend is spreading from virtual currencies to physical precious metals, with silver becoming the latest investment target
Market watchers have found that South Korean investors are spreading their investment behaviour from virtual currencies to physical precious metals, with silver becoming the latest speculative target for Koreans. Data show that 31% of South Korea's working people hold virtual currencies, of which the 20-39 year old group accounted for 61%, but with South Korea's virtual currency trading gains into the scope of personal tax, investment behaviour began to change, compared to the unit price is higher, more difficult to buy the physical gold, silver futures, as long as 5% of the margin, the ratio is far lower than the stock, 30% of the volatility of a single day is also smaller than the Virtual currencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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