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Consumer Invest in cryptocurrencies

02 Sep US cryptocurrency consumer research: almost 50% invested in crypto this year

Consumer Invest in cryptocurrencies :-A US crypto consumer survey commissioned by the regulated crypto platform Bakkt found that nearly half of respondents said they had invested in crypto in the last half of the year.

Research Consumer Invest in cryptocurrencies

A survey commissioned by the managed digital asset platform Bakkt found that nearly half of surveyed U.S. consumers have invested in crypto in the past six months of this year. Stock exchanges, including the New York Stock Exchange (NYSE).  

“With permission from Bakkt and using an online survey tool, we surveyed over 2,000 US consumers and sent in July 2021 … Data amortized by age, race, gender, education, and geographic location using the US Census Bureau’s Survey of the American Community. to reflect the demographic data. the composition of the United States, “the study explains in the report. According to results released Wednesday:

Nearly half (48%) of US consumers reported investing in cryptocurrency in the first half of the year.

“Among those who have not yet invested in cryptocurrency, 32% of those surveyed are interested in buying cryptocurrency in the next six months.” notes the report.

The survey also shows that of those who bought the cryptocurrency, “58% consider it a long-term investment, and 43% admit they plan to sell it when it will be possible to make a short-term profit.” Additionally, 24% said they plan to use cryptocurrency for online purchases, while 12% said they plan to use it for in-person purchases.

In addition, “the most attractive cryptocurrency attribute for the full sample is“ long-term ROI ”(28%) with all the other attributes: no fees, ease of access, FOMO, and no centralized control.

Meanwhile, the study showed that “almost 40% of respondents do not realize that they can buy part of the cryptocurrency (ie, not the full price of the coin).

Please note that “digital assets. Digital assets are the driving force behind a new and increasingly dynamic economy. Bakkt CEO Gavin Michael commented:

Survey results show that Gen Z and millennials are massively adopting cryptocurrency and alternative forms of payment, but the biggest hurdles in their path are a lack of understanding of where to start and concerns about market volatility.

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