25% of US Adults Plan to Start Investing in Crypto, Survey Shows

A U.S. shopper survey exhibits that 25% of respondents who at the moment don’t personal cryptocurrency plan to begin investing in crypto. “2021 was a very good yr for crypto. Of the respondents that personal crypto, greater than half reported that they’d simply began investing within the area throughout the final yr.”

‘2021 Was a Good Year for Crypto’

Cryptocurrency change Huobi launched a report titled “Crypto Perception Report 2022” Thursday. The report consists of “an in-depth survey to find out how the typical particular person views cryptocurrencies, their ideas on rising traits, and in the event that they plan on investing within the area sooner or later,” the corporate detailed.

A complete of three,144 U.S. adults aged 18 and over participated within the survey, 47% of whom have been males.

“The crypto business has seen mainstream development in 2021, however it’s nonetheless a distinct segment subject amongst most individuals,” the report describes, elaborating:

2021 was a very good yr for crypto. Of the respondents that personal crypto, greater than half reported that they’d simply began investing within the area throughout the final yr.

According to the outcomes, “47% of respondents say that they don’t personal crypto and don’t plan to” and “about 28% of respondents point out that they at the moment do personal crypto.” The report provides:

25% say that whereas they don’t personal crypto in the meanwhile, they plan to sooner or later, indicating that they continue to be curious concerning the rising discipline.

When requested how they really feel about the way forward for the crypto business, 42% mentioned they’re ambivalent and have no idea a lot about it, whereas 23% mentioned they’re not assured and assume “it’s all a rip-off/bubble and going to break down.” Meanwhile, 19% assume the crypto business will rework the definition of cash and 16% assume it should develop, however not by a lot.

As for the explanations for investing in cryptocurrency, 40% selected “longer funding potential” as the reply, 27% picked “normal curiosity,” and 18% mentioned “short-term funding potential.”

Meanwhile, the sectors that crypto buyers consider to be probably the most promising are non-fungible tokens (NFTs) and decentralized finance (defi) — each have been chosen by 37% of respondents. The third most promising space is the metaverse, chosen by 36% of respondents.

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