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Poll finds 41% of Britons rate crypto investment risks as equal to stock-market risks

Poll finds 41% of Britons rate crypto investment risks as equal to stock-market risks

Nearly half of Britons believe investments in digital assets are no riskier than buying shares on the stock market. A Piplsay survey found that 41% of Britons said as much.

The survey involved 6,070 Britons aged 18 and over. More than 40% are confident in the safety of investing in digital assets, and 23% plan to buy them this year.

More than a third say they have some understanding of the industry, and 18% are fairly familiar with cryptocurrencies. More than a third say they have insufficient knowledge of the sector, and 9% have never heard of digital assets.

Among the respondents, 20% have already invested in cryptocurrency. Another 57% are not interested in this, and 58% do not believe in the safety of digital assets or doubt it. The greatest concerns for Britons are the likelihood of hacking or fraud, lack of knowledge, regulatory laws and volatility.

About 45% described cryptocurrency as a more risky investment than stocks on the stock market. Nearly half of respondents said that major brands should accept payments in digital assets.

According to Binance Research, users buy cryptocurrency for long-term investments (55%) and due to distrust of the traditional financial system (38%).

According to a January survey of residents of Russia, 63% of them want to buy digital assets. In total, 14% of Russians do not intend to deal with cryptocurrency under any circumstances.

As reported by Gemini, the Bitcoin exchange study showed that the share of Britons who have traded digital assets over the past 1.5 years rose from 6% to 13.5%.

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