Just 12% Of Total American Crypto Holders Are Long Run Investors - Survey.

Just 12% Of Total American Crypto Holders Are Long Run Investors - Survey.

2019-05-14 | Selina Mathew

Just 12% Of Total American Crypto Holders Are Long Run Investors - Survey.

Around 12% of the total crypto-currency holders are long-run investors, in line with a recent survey report published by ‘HBUS’, the operator of United States-based 'cryptocurrency' exchange 'Huobi'.

The company reportedly surveyed over 1,067 U.S. based individuals between March and April this year, finding that 19.58% of individuals with a financial gain above $99,000 USD annually are actively holding crypto assets. Still, individuals earning in-between $125,000 USD to $149,000 USD are the one most likely to invest in crypto assets, in line with the survey.

The report conjointly claims that earlier in 2018, about 8% of the respondents invested with in crypto-currencies, whereas this portion has grown to around 20% in 2019, with the gender breakdown of 27.49% of men while 13.22% of women. According to the report, 74.32% of the individuals surveyed are aware of 'cryptocurrencies', and above 60% chose their exchange due to their friend’s recommendation.

As per the respondents, the highest three reservations concerning crypto adoption are lack of understanding and education, considerations with security and overall distrust. While on the other hand, the top reasons provided for owning cryptocurrency are the technological potential, promise of privacy and, conversely, the security.

As 'reported' earlier this month, United States-based renowned asset management firm ‘Fidelity Investments’ published the results of a survey outlining that around 22% of the institutional investors already own digital assets.

At the end of April, an another survey 'claimed' that about 11%  of the total population in America owns the leading crypto-currency, Bitcoin [BTC].

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