By Larry Wright
There is new research that is out now depicting the attitude of American investors towards the crypto market. Bitcoin, XRP, Ether, and many other cryptocurrencies are part of the crypto market, and these remain at the very center of the investment regime for investors who are interested in pouring their money into the crypto market.
It goes without saying that people who used to actively tickle the stock or even the forex market are actually the people who did approach the crypto market to increase their exposure to financial investments and diversify their portfolio.
Many of these were Americans investing their life savings and whatnot into the crypto market to gain immense returns on their investment, but that didn’t happen to be the case.
The situation was a bit different for the early investors and those who joined the market and invested a year or two before the present because that was the time when the market was in its full swing and was experiencing multiple bullish runs in consecutive orders; these are the people who saw massive returns on their investment and thoroughly enjoyed the voyage they took within the crypto market.
16% of American Adults Invested in Crypto
This new research points out that about 16% of adult Americans did invest in the crypto market, have traded with crypto, or used it one way or the other. Now it could be Bitcoin or some other cryptocurrencies within the market itself.
Half of these say that they were disappointed by the results they did check from the returns within the market, and some say that there weren’t enough returns to begin with, and they have lost almost all or half of their investment during this exercise.
The volatility factor of the crypto market is what drives these investors crazy; many investors who have tasted the volatility aspect of the market say that they are not ready to invest any more of their money into the crypto market or any entity that has anything to do with decentralization.
They have had the worst possible experience with this product, and they are done for good.
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