A lack of understanding of the technology has become the most common reason why users refuse to invest in digital assets. This is evidenced by data from a опроса, conducted by Coupon Follow.
The study involved 1,172 U.S. residents aged 18 and over who had not yet invested in cryptocurrencies.
42% of respondents did not proceed with buying coins, because they ‘do not understand their value’. 39% are concerned about volatility. 35% consider cryptocurrencies to be a scam — more often than others this reason was cited by baby boomers (44%).
Another 24% said they did not feel competent enough to purchase the asset.
Eighteen percent of respondents said they had at some point downloaded cryptocurrency exchange apps to their phones, but never used them. Some lacked knowledge; others were frightened by price volatility; and a third were concerned about the security of the software.
Only 6% of Americans who do not currently own cryptocurrency said they were willing to buy it in the near future.
Providing additional information about the benefits of investing in cryptocurrencies would help change the skeptical attitudes. This is the view of 18%.
Sixteen percent would be willing to make their first purchase if current income were higher — this answer was most often given by millennials.
Representatives of Generation Z, in turn, are interested in government regulation and oversight of the market by law enforcement agencies.
In the case of buying their first coins, most respondents would choose Bitcoin, Ethereum, or USD Coin.
Earlier, according to a prior ForkLog poll, in 2021 the investment portfolios of почти 81% владельцев криптовалют показал доходность.
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