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Nearly Half of US Crypto Holders Say Their Investments Have Performed Worse Than Expected: New Study

Near half of US adults who’ve ever dabbled in crypto property say they’re disenchanted of their investments following the market downturn, based on a Pew Analysis Heart research.

The brand new research finds that 46% of US adults who’ve used, traded or invested in crypto property really feel let down whereas 15% are glad with their investments.

“Among the many 16% of US adults who say they’ve ever invested in, traded or used a cryptocurrency corresponding to Bitcoin or Ether, 46% report their investments have performed worse than they anticipated, based on a brand new Pew Analysis Heart survey.

By comparability, 15% of those Individuals say their investments have performed higher than they anticipated, 31% say they’ve labored out about the identical as they anticipated and one other 8% say they aren’t certain.”

On why they selected to put money into crypto, a majority of the respondents within the research say they view digital property as possessing numerous benefits over different funding performs.

“Among the many 16% of Individuals who say they’ve ever invested in, traded or used a cryptocurrency, about three-quarters say {that a} main or minor motive is that they need a special technique to make investments (78%) or that it’s a good technique to make cash (75%).

Some 54% say not less than a minor motive is that they suppose crypto is less complicated to get into than different methods to speculate.

Smaller shares cite being extra assured in cryptocurrencies than different investments (39%) and eager to be a part of a neighborhood (33%) as not less than a minor motive for investing.”

However whereas 16% of US adults have used, traded or invested in crypto property, solely 2% of the respondents polled have purchased a non-fungible token (NFT).

You’ll be able to learn the total report here.

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Disclaimer: Opinions expressed at The Each day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any loses chances are you’ll incur are your duty. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please word that The Each day Hodl participates in internet online affiliate marketing.

Featured Picture: Shutterstock/Frank Rohde/Nikelser Kate



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