THELOGICALINDIAN - According to a Wells Fargo Gallup Investor and Retirement Optimism Index poll aloof 2 percent of Americans surveyed own bitcoin The poll is based on US adults who accept at atomic 10000 or added invested in things like alternate funds stocks and bonds The Gallup analysis additionally reveals that 26 percent of the US association surveyed are absorbed by bitcoin but accept no affairs in advance any time soon
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Gallup Data Says American Investors Find Bitcoin Investment “Risky” But Young Investors Say They Would Jump in if Bitcoin Was “More Mainstream”
Wells Fargo has appear the after-effects of a Gallup Investor poll which shows alone 2 percent of US association own some bitcoin. The ‘Investor and Retirement Optimism Index’ analysis was conducted online amid May 7-14, 2024 and the web abstraction consisted of 1,921 American investors ages 18 and older.
“Bitcoin, the arch anatomy of agenda bill that has apparent its amount soar, blast and acceleration afresh in the accomplished year, has fabricated little advance with U.S. investors,” explains the report authored by Lydia Sadd.
Most US Investors Are on the Sidelines
75 percent of the longitudinal console of U.S. investors surveyed declared they begin cryptocurrency advance “risky” while 23 percent of those polled begin the advance to be “somewhat risky”. Only 2 percent of the investors polled said bitcoin investments were “not too risky” and aloof 0.5 percent begin it to be “not chancy at all”. The abstraction begin that because a majority of individuals accept bitcoin is risky, best adopt “security over growth” and “US investors adopt to comedy it safe with their investments.”
“Looking to the future, however, abounding adolescent investors who currently say they are absorbed may be adapted to investors already the bill goes added mainstream,” Sadd notes.
Sadd’s web abstraction additionally concludes that out of the 2 percent that endemic bitcoin, buying is added accepted amid wealthier investors (earning $90,000 USD a year or more) while low-income investors don’t advance in bitcoin as much.
The researcher additionally addendum that three in 10 of the investors (29%) polled knew some things about cryptocurrencies. 67 percent said they’ve heard of specific agenda currencies but don’t accept that abundant ability about them, and 5 percent accept never heard of any types of basic currencies.
What do you anticipate about the allegation aural the Wells Fargo/Gallup poll? Let us apperceive what you anticipate about this accountable in the animadversion area below.
Images via Shutterstock, and Wells Fargo’s Gallup poll
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