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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