Poll: 37% of US investors are not going to sell cryptocurrencies

According to a survey conducted by the betting company GamblersPick, 37% of cryptocurrency investors in the US are not going to sell their digital assets under any circumstances.

There was a total
polled 1,000 Americans, 37% of whom said they would not sell cryptocurrencies, even to pay bills, and would try to preserve their assets at all costs. 51% of respondents said they would not exchange cryptocurrencies for fiat money to buy luxury goods.

The baby boomers (born from 1946 to 1964) invest most in cryptocurrencies, and Gen Z (born from 1995 to 2015) the least. On average, a male resident of the United States invested $ 1,940 in cryptocurrencies, and among women, the figure is $ 1,375.

According to researchers, the interest in cryptocurrencies among American investors has led to the fact that loans or loans from friends and relatives are often taken to buy digital assets. One in four respondents noted that they used a credit card to buy bitcoin and other cryptocurrencies.

At the same time, the respondents plan to increase the volume of stored cryptocurrencies – on average, respondents intend to buy digital assets for another $ 1,645 within a year. The main reason for buying cryptocurrencies was the expectation of the growth of these assets and future income from investments.

According to the survey, 32% of respondents perceive digital assets as a way to diversify their investment portfolio. Often, the decision to buy cryptocurrencies is made under the influence of information on the Reddit forum, on Twitter and Facebook, and on the YouTube video portal.

So, the decision to buy cryptocurrencies against the background of Elon Musk’s messages was taken by 35% of respondents. 9% of those surveyed remembered Warren Buffett, and another 7% – rapper Snoop Dogg.

Earlier, the consulting firm Gallup reported that the number of BTC owners among American investors has tripled compared to 2018.