Survey Results: Who Are Cryptocurrency Investors, Why Are Nosotros Here, Too How Long Volition Nosotros Stay?

H5N1 give cheers yous from Mike Brown of Lend EDU for contacting us the results of a survey their arrangement latterly conducted together with allowing us to part the results amongst our readers.

The survey puddle was made upwards of 546, USA based Bitcoin investors.

1. Which of the next best describes the argue yous invested inwards Bitcoin?

a. 21.81% of respondents answered "Bitcoin is a long term shop of value, similar gilt or silver."
b. 40.78% of respondents answered "I believe Bitcoin is a globe changing technology."
c. 14.01% of respondents answered "I believe that the toll of Bitcoin is likewise low, together with volition solely larn higher."
d. 15.25% of respondents answered "A friend, identify unit of measurement member, or approximately other trustworthy source convinced me to invest."
e. 8.16% of respondents answered "I invention on using Bitcoin for transactions or purchases, together with less of an investment."

2. What is the electrical flow value ($) of your Bitcoin investment?

On average, respondents reported that the electrical flow value of their Bitcoin investment was $2,930.85. At the fourth dimension of the survey completion, the toll per Bitcoin was $6,490.

3. How long produce yous invention to concur your Bitcoin investment?

a. 16.49% of respondents answered "Less than i year"
b. 39.54% of respondents answered "1 to iii years"
c. 22.34% of respondents answered "4 to half dozen years"
d. 9.93% of respondents answered "7 to ten years"
e. 11.70% of respondents answered "Over ten years"

4. Do yous routinely worry most the technological safety of your Bitcoin investment?

a. 44.15% of respondents answered "Yes"
b. 55.85% of respondents answered "No"​

5. The toll of Bitcoin is currently close all-time highs. Have yous sold approximately or all of your Bitcoin investment since investing?

a. 32.62% of respondents answered "Yes"
b. 67.38% of respondents answered "No"​

6. Did you, or produce you, invention on reporting your transactions(s) on your revenue enhancement furnish every bit either a loss or a gain?

a. 64.13% of respondents answered "Yes, I invention on reporting make or loss on my revenue enhancement return"
b. 35.87% of respondents answered "No, I produce non invention on reporting make or loss on my revenue enhancement return"

7. At what toll per Bitcoin would yous endure willing to sell all of your Bitcoin investment?

On average, respondents reported that they would endure willing to sell all of their Bitcoin investment at $196,165.79 per Bitcoin. At the fourth dimension of the survey completion, the toll per Bitcoin was $6,490.

CHARTS:

Why did they invest inwards Bitcoin?

How long are they planning to concur on to their Bitcoin?

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Author: Ross Davis
San Francisco News Desk