Yesterday, Grayscale , which is the largest cryptocurrency management company in the world, published a survey showing that American bitcoin investors are more interested in Bitcoin than last year, and the Corona virus could be an influential reason for that.
The survey, which carried the opinions of 1000 American investors between the ages of 25 and 65, showed that the average invested in Bitcoin had the following specifications:
University education
Males
Employees
There are no surprises in the characteristics of the respondents (for information, the survey only counted those with a household income of more than $ 50,000).
The study also showed that bitcoin investors have some characteristics that are distinct from others, as the study told:
Investors interested in bitcoin are likely to actively seek out new investment opportunities, are risk-tolerant, own investment accounts with multiple companies, and eagerly consume financial news.
As a reminder, Grayscale previously conducted a similar survey last year.
The results for this year were relatively more than last year.
Where 62% said that they are familiar with and aware of Bitcoin, while the result was 53% last year.
The survey also showed that 55% of respondents said that they are interested in the Bitcoin currency, compared to 36% last year.
Among the respondents to the "Grayscale" survey, we find that 63% of Bitcoin investors said that the Corona virus affected their investment decision.
And 39% said Coronavirus made Bitcoin more attractive.
She told "Grayscale":
Bitcoin appears to be gaining momentum as market participants seek investments that could serve as safe havens within the wallet.
The survey showed that investors between the ages of 35 and 44, who responded to the "Grayscale" survey, have already passed three recessions and witnessed traditional investment tools, such as real estate, stocks, bonds, and finally Bitcoin.
To let them know that Bitcoin works as magic.
The survey found that younger generations are the ones who can provide the most value to the cryptocurrency economy, as it indicated by saying:
The fact that the majority of current and potential Bitcoin investors have not reached their prime earnings years yet, along with the $ 68 trillion wealth transfer scheduled to take place over the next 25 years, reveals a huge potential opportunity for those who see the potential for long-term growth in Bitcoin.