P2P predicted to be among top assets of 2023
Peer-to-peer investments are set to be among the top assets of 2023, according to a new European analysis.
Robocash analysts have predicted that traditional currency and P2P investments will be the most promising assets of 2023. The most controversial asset of the upcoming year is expected to be cryptocurrency.
“As practice shows, P2P investors are very sensitive to external unrest and reduce their assets, despite the presence of various protective investment functions,” said Robocash analysts.
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“However, the return on such investments in Europe is obviously higher than similar fixed income instruments. The market itself is also steadily getting stronger.”
The Croatia-based P2P lender looked at stocks, bonds, commodity market, currency, cryptocurrency, real estate, deposits and European P2P lending to analyse future trends.
All assets were evaluated against the same factors: simplicity, entry threshold, growth forecast, returns over the past five years, and risk assessment.
Read more: Robo.cash sees November rise in inflows
The analysts concluded that traditional currency would be the most popular choice for investors next year, noting that “when markets fall, investors sell their assets and ‘go into cash’, thereby pushing the currency price up.”
Meanwhile, cryptocurrency is expected to be the least attractive asset for investors, due to decreased investor confidence in crypto markets following the collapse of the FTX exchange.
Read more: Robo.cash boss “rather positive” on future of European P2P