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Author Topic: Survey Shows that 25% of US Adults Would Invest in Crypto for the First Time  (Read 334 times)

Offline mlawson71

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The crypto exchange Huobi conducted a survey in the US among some 3,144  American adults about their views on cryptocurrencies. According to the report of the survey, it was “an in-depth survey to learn how the average person views cryptocurrencies, their thoughts on emerging trends, and if they plan on investing in the space in the future”.
The results were certainly interesting. According to the survey:

-47% of the people say they don’t own cryptos and do not plan on investing in it.
-28% say they currently do have crypto
-25% say that  “while they don’t own crypto at the moment, they plan to in the future, indicating that they remain curious about the emerging field”

The survey also asked people about their confidence in the cryptocurrency industry. Here are the replies:

-42% say that they are “ambivalent/don’t know much about it”
-23% are pessimistic and are not confident, I think it’s all a scam/bubble and going to collapse”
-19% are overly optimistic andthink that “the industry will transform the definition of money”
-16% are neutral and think that “it will grow, but not by much”

And finally, people were asked about their reasons to buy crypto:

-18% believe cryptos have a “short-term investment potential”
-6% bought cryptos because people close to them, like friends and family recommended it
-7% bought it out of fear of missing out (FOMO)
-27% bought it out of “general interest”
-40% think it’s has a “long-term investment potential”
-just 2% ticked other

Source
I think this is a pretty excellent summary of the sheer popularity cryptos have gained in the mainstream in the past few years and that popularity will likely only increase further.

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Offline Alcor

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In any case, already half of Americans are not only interested in cryptocurrency, but also take certain practical steps to use it. Of course, this is already some progress. Let's hope that at least at this pace, the cryptocurrency will spread around the world. The survey results are encouraging.

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