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Home News Cryptocurrencies Adoption

Are Americans Satisfied With Their Crypto Investments? Here Is What a New Survey Reveals

by Angel Sanchez
September 1, 2022
in Adoption
American President With Bitcoin Glasses

Source: Canva

A US nonpartisan research institute, Pew Research Center, held a survey with over 6,000 American participants extracting some interesting data and statistics regarding Americans and their relationship with crypto investments.

  • The survey found that 46% of asked American participants who invested in crypto experienced satisfaction with their crypto investments performance. Moreover, 78% of these crypto investors view crypto as a way good way to diversify their crypto investments.
  • Another whopping 46% said they were underwater in their crypto investments, and 8% of the investors didn’t have an answer on how to evaluate the performance of their stake.
  • The survey unveils that about 16% of the polled US adults have traded, invested, or used in any way cryptocurrency. As many as 71% were aware of crypto, but have not been involved in any way, and 12% declared to not have known what cryptocurrencies are.
16% of Americans say they have invested in, traded or used a cryptocurrency. - Pew Research Center
Source: Pew Research Center
  • Almost 8 out of 10 of those surveyed said to find crypto useful as either a good way to make money or a way to diversify their holdings.
  • Certain groups are more likely to say that they have used cryptocurrencies. The data shows a disparity of ages, with 31% of Americans between 18 and 29 declaring to be crypto users, compared to 21% of Baby Boomers and just 11% of men above 50.
  • The poll laid out a discrepancy not just in the stage of life of the participants but in their gender. The study shows that 42% of crypto users between 18-29 are men and only 17% are women in that age category.

See Related: 76% Of Financial Institutions To Utilize Crypto By 2025 – Report

Source: Pew Research Center
Tags: AdoptionAmericaCryptocurrenciesSurvey

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