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    Home » Huobi study: 12% of US crypt holders are long-term investors

    Huobi study: 12% of US crypt holders are long-term investors

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    By BlockchainJournal on May 13, 2019 News
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    According to a survey that was organized by HBUS, the operator of the American crypto-exchange Huobi, almost 12% of the crypto holders are long-term investors.

    In the period from March to April of this year, the company surveyed 1,067 US crypto holders and found out that 19.58% of citizens whose income exceeds $ 99,000 per year are active holders of digital currency. In the meantime, according to the survey, people who earn about $ 125,000- $ 149,000 are likely to invest in cryptocurrency.

    The study also found that in 2018, 8% of respondents invested in cryptocurrency, in 2019 slightly more people decided to do this – the figure increased to 20%. 74.32% of respondents admitted that they receive knowledge about cryptocurrency, over 60% said that the choice of the crypto-exchange used is based on the recommendations of friends.

    Respondents note that the main factors that inhibit the spread of cryptocurrency are a lack of understanding of how everything functions, lack of training, and concerns about security. At the same time, those who invest in cryptocurrency note the advantages – technological potential, confidentiality and, oddly enough, security.

    Recall that at the end of April, the results of another survey showed that 11% of the US population owns the main cryptocurrency – BTC.

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