More than half of Sweden’s crypto investors have lost money, FSA says

Interest in crypto assets tends to be at its peak when prices are already high, which, according to Sweden’s FSA, illustrates the difficulty in valuing such assets.
More than half of the 200,000 Swedes, who have invested in crypto assets, have lost money. | Photo: Dado Ruvic/Reuters/Ritzau Scanpix
More than half of the 200,000 Swedes, who have invested in crypto assets, have lost money. | Photo: Dado Ruvic/Reuters/Ritzau Scanpix

More than half of the 200,000 Swedes investing in crypto assets over the past six years have lost money – despite an almost 500% market increase, the Swedish Financial Services Authority, Finansinspektionen, writes in a freshly published analysis.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading