Nearly Half of US Crypto Holders Say Their Investments Have Underperformed Expected: New Study
Nearly half of US adults who have ever dabbled in crypto assets say they are disappointed with their investments after the market downturn, according to a study by the Pew Research Center.
The new study finds that 46% of US adults who have used, traded or invested in cryptoassets feel let down while 15% are satisfied with their investments.
“Among the 16% of US adults who say they have ever invested in, traded or used a cryptocurrency such as Bitcoin or Ether, 46% report that their investments have performed worse than they expected, according to a new Pew Research Center survey.
By comparison, 15% of these Americans say their investments have performed better than they expected, 31% say they have performed about as well as they expected, and another 8% say they are not sure.”
Regarding why they chose to invest in crypto, a majority of respondents in the study say that they see digital assets as having various advantages over other investment games.
“Among the 16% of Americans who say they have ever invested in, traded or used a cryptocurrency, roughly three-quarters say a major or minor reason is that they want a different way to invest (78%), or that it’s a good way to make money (75%).
About 54% say at least one minor reason is that they think crypto is easier to get into than other forms of investing.
Smaller shares cite being more confident in cryptocurrencies than other investments (39%) and wanting to be part of a community (33%) as at least a minor reason to invest.
However, while 16% of US adults have used, traded or invested in crypto assets, only 2% of those surveyed have purchased a non-fungible token (NFT).
You can read the full report here.
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