Three-quarters of U.S. investors with more than $10,000 in stocks, bonds and mutual funds think bitcoin is a "Very risky" investment, a new survey revealed Monday.
A poll conducted by Gallup and Wells Fargo asked U.S.-based investors about their views on bitcoin, finding that just 2 percent currently own any and more than 70 percent "Have no interest in ever buying bitcoin." A further 26 percent are "Intrigued" but do not plan to purchase any in the near future, the poll found.
The poll surveyed nearly 2,000 adults in the U.S. who have invested either in a retirement savings account or through another type of account, according to Gallup.
It was conducted over the course of a week in early May. The survey found that bitcoin's perceived riskiness is the primary reason few investors are holding the cryptocurrency.
While 75 percent considered bitcoin to be "Very risky," less than 0.5 percent thought bitcoin was "Not risky at all." Only 2 percent thought bitcoin was "Not too risky," with the remaining 23 percent thinking of bitcoin as being at least "Somewhat risky."
Another reason for the lack of interest might come from bitcoin's limited popularity as only 29 percent of investors surveyed in the poll say they knew anything about cryptocurrencies.
The statistics show that the perception of bitcoin varies among investors in different age and gender.
"Men and younger investors are far more likely than women and seniors to say they know something about bitcoin or other digital currencies," the pollsters wrote.
Just 3 percent of men and 1 percent of women said they owned bitcoin, with 3 percent of those aged 18 to 49 and 1 percent aged 50 or older.
"For now, most investors are on the sidelines, knowing little to nothing about bitcoin," the pollsters concluded.
Gallup Poll: 75% of US Investors Think Bitcoin Is 'Very Risky'
gepubliceerd op Jul 30, 2018
by Coindesk | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.