Rich Indians more likely to buy Bitcoin; think cryptocurrencies are good investments
India’s wealthiest population is more likely to invest in a Bitcoin than other cryptocurrencies as the country’s high-net-worth individuals believe digital currencies are good investments. While real estate is the preferred investment asset for the super-rich in India, according to a Hurun India report, the Indian super-rich have also mulled making an investment in cryptocurrencies. About a tenth of the respondents surveyed by Hurun said that they will invest in digital currencies in the next three years, making it the fourth most preferred asset for investment in future after real estate, stock and fixed income.