Survey: 68% of US cryptocurrency investors made their first trade in 2021

Around seven in ten investors in digital assets in the United States took their first steps in the cryptocurrency space in 2021. Such results получили аналитики Huobi Group.

In the December survey on cryptocurrency perceptions, 3,144 adult US residents participated.  

As the illustration below shows, four years or more of crypto-investing experience was reported by only 9% of respondents. 12% of them began trading two to four years ago, one in five (21%) — one to two years ago.

41% of respondents had encountered digital assets in practice less than six months ago, 27% — in the first half of 2021.  

46% of respondents said their crypto assets did not exceed $1,000, 25% of others invested the equivalent of $1,000–$10,000.

The study identified barriers to investment. 44% attributed small investments to a lack of sufficient knowledge, 34% mentioned the lack of market regulation, and only 24% of respondents noted a shortage of sufficient capital.

According to the report, 28% of respondents at the time of the interview held a portion of their capital in cryptocurrencies. Almost a quarter said they planned to realise this in the future.

Binance CEO Changpeng Zhao predicted explosive growth in cryptocurrency adoption in 2022.

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