According to a survey report released by SharesPost, a survey was conducted inJuly addressing a total of 2,490 retail investors and 528 individuals regarding their plans for digital currencies.
The recent survey report showsthat bothtradersand investorsremainoptimisticregardingdigital currencies instead of the recent downfall in the prices of cryptocurrencies, starting since this year.Almost min, of59%of investors and72%ofshoppersmake surethey’reconsidering topurchaseadditionalcoinswithin thenext upcoming months. Additionally, 57% of investors and66%ofshoppersexpect crypto valuations to grow in the next year.
Respondents wereconjointlyasked to rank digital currencies by their choice of preference. Bitcoin was still the mostmost well-liked cryptocurrency, followed by Ethereum, Ripple and Litecoin. According tothe survey, respondents found that these four digital currencies havethe foremostpotential to run for a longsuccess.
Furthermore, participantsprogressivelyexpressed their interest in the blockchain technology.Around 32%of investors and49%ofshopperssaid that their employershave an interestin implementing blockchain technology within the closefuture.
Bothshoppersand investorsassumethe success of blockchain integrationlargelydepends on the prevalence of relevantbusinessapplications andcorrecteducation on the technology.
However, about 50% of respondents stated that market volatility was their chief concern of worry,whereas37%mentioned security as their main concern of worry.
Asantecedently reported, another poll was conducted byanalysisand research service ‘YouGov Omnibus’ in Aug. shows that around halfof the Americanshave an interest in cryptocurrency.