Cryptocurrency can be easier to buy than ever, but most Americans still don’t want it.
A new Gallup survey has revealed that only 14% of American adults have a crypto, a figure that has increased but still represents a small tranche of the investment public.
The study, conducted in mid-June, revealed a deep skepticism about cryptocurrencies. 60% of respondents said they had no interest in buying cryptocurrency and that only 17% admitted that they were intrigued. Only 4% of respondents said they planned to buy crypto in the near future.
Gallup also noted that among American investors with more than $ 10,000 in shared equity, bonds or funds, 55% considered the class of “very risky” assets. However, the property rates are soaked from 2% in 2018 to 17%.
This skepticism is not surprising, although the United States has a Pro-Crypto president and clearer regulations that have recently rolled. While the 2021 Taurus inaugurated extreme volatility and made crypto a high -profile bankruptcy subject, such as FTX, as well as sausages and exploits, Ariva retail investors.
Although Crypto has since conducted institutional investors to jump on the market, helping him to become more legitimate, many retail investors, burned by past losses, are probably vigilant.
Four years ago, Gallup found that 6% of American investors had a cryptocurrency. This figure has since increased but can be conservative, as an Fed survey has revealed a 12% property among American investors.
By diving deeper into the property, the demographic fracture is austere. While one in four in four men from 18 to 49 has a crypto, the survey revealed that property is decreasing sharply in women and the elderly.
College graduates and high -income employees earn a higher participation in the average, but the elderly and low -income households are largely absent from the space, according to the survey.
Knowledge gaps also persist. Almost everyone interviewed had heard of crypto, but only 35% said they really understood how it worked. Familiarity was the highest in younger and richest men.
Even among those who claim to understand the crypto, most of them still call it a risky bet. Among American investors, 64% consider the asset class as “very risky”, against 60% in 2021.
The investigation revealed that around one in seven has a crypto, while almost six in 10 have actions or real estate. Only 4% of adults said that crypto is the best long -term investment.
