40% of U.S. adults see investing in crypto as a long-term investment

40% of U.S. adults see investing in crypto as a long-term investment. That’s according to Huobi’s Crypto Perception Report, which surveyed 3,144 U.S. adults aged 18 and over in mid-December 2021. Out of all respondents, 28% have already invested in cryptocurrencies. 40% of crypto investors see their investment as a long-term investment, while 18% are looking to realize short-term gains through their investment. Other reasons for investing in cryptocurrencies are general interest (27%), FOMO (7%), recommendations from family or friends (6%) or other (2%).

What is Bitcoin (BTC)?

Bitcoin is a revolutionary new payment network and a new form of electronic money. It’s a digital currency which enables secure and instant financial transactions at dramatically low costs between any two individuals anywhere on the globe. Bitcoin allows its users to transact directly, peer-to-peer, without an intermediary and can be used just like other currencies or assets in exchange for goods or services. Bitcoins are the unit of currency of the Bitcoin payment network. The most used abbreviations for Bitcoin are BTC or XBT.

Bitcoin is the very first cryptocurrency and was founded by an anonymous person or group of individuals, named Satoshi Nakamoto. To this day, Satoshi Nakamoto’s identity and nationality are still unknown. Bitcoin is decentralized. Unlike traditional currencies like the Euro or the US-Dollar, there is no government, institution or other central third party that oversees the issuance and circulation of Bitcoin. That means Bitcoin cannot be censored, manipulated or controlled by a single centralised institution or government. Also, if you store your Bitcoin in a digital, non-custodial wallet, no institution, government or third party is able to lock you out of your funds.

For more information about Bitcoin and other cryptocurrencies visit our Blockchain FAQ section.

How to I buy Bitcoin (BTC)?

You can buy Bitcoin (BTC) and other cryptocurrencies such as Cardano (ADA) or Ethereum (ETH) on so-called cryptocurrency exchange platforms, like Binance, Kraken or Coinbase.

Table & Chart Data


Survey/Poll by

Published by

Source link


United States of America

Release date

January 2022

Survey time period

mid-December 2021

Additional Notes

Last updated January 18, 2022.


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