Home / Uncategorized / 75% of US investors consider bitcoin a very risky investment and can we even blame them?

75% of US investors consider bitcoin a very risky investment and can we even blame them?

 

Three-quarters of U.S traders having above $10,000 in shares, bonds, and mutual funds consider that bitcoin is a “very dangerous” funding in accordance with findings of a New Survey.

A ballot was carried out for per week in Could this yr by Gallup and Wells Fargo which requested 2,000 US-based traders their views in shopping for the main digital foreign money, Bitcoin.

In line with survey findings, simply 2 p.c of the respondents owned bitcoins whereas greater than 70 p.c confirmed no real interest in shopping for bitcoin. 26 p.c of the traders reported to be intrigued however had no plans to buy bitcoin.

The survey additional revealed that perceived riskiness is the deciding issue for traders with regards to bitcoin. 75 p.c of the traders thought-about bitcoin to be a “very dangerous” funding whereas lower than zero.5 p.c believed bitcoin to be “not dangerous in any respect.” Simply 2 p.c believed bitcoin was “not too dangerous,” and the remaining 23 p.c thought bitcoin to be “considerably dangerous.”

Another reason for the dearth of curiosity is perhaps because of bitcoin being much less in style as solely 29 % of traders responded within the ballot that they knew something about cryptocurrencies.

The statistics additionally present an attention-grabbing reality; the disparity of curiosity in bitcoin is said to the age and gender.

“Males and youthful traders are way more seemingly than girls and seniors to say they know one thing about bitcoin or different digital currencies”

Solely three p.c of males and 1 p.c of girls mentioned they possessed bitcoin, with three p.c of them aged 18 to 49 and one p.c aged 50 or older than that.

The pollsters concluded that extra traders know little to nothing in regards to the bitcoin. Few of them have invested and even lesser plan to do the identical quickly.

Bitcoin has seen dramatic value soar, crash and rise prior to now yr and proper now could be eight,000 US .

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