Cryptocurrency Is Losing Popularity as Investment Vehicle in US, According to Bankrate Survey
Millennials, who have traditionally been open and connected to new tech like crypto, have been one of the groups to lose the most confidence in crypto. The percentage of millennials that were “very comfortable” or “comfortable” investing in crypto went from 49% in 2021 to 29% this year. According to the report, this is the result of the recent cryptocurrency market downfall, produced by the United States Federal Reserve’s intervention, raising interest rates to combat inflation. Greg McBride, CFA and Bankrate’s chief financial analyst, stated:
Because they're after a quick turn around and follow the 'influencers' who promote $hitcoins All that's been lost in those figures are the dabblers not serious switched on investors
Still at 29% 😱 Too high. Most people investing in crypto would be better off taking their money to a casino. At least there they could watch it disappearing.
Dan untuk millennials yg masih bertahan di crypto. Kalian luar biasa sabarnya,dan kalian akan segera menikmati hasilnya.✊
from VitalikButerin
“In total, only 21% had some degree of confidence in crypto as an investment this year…” THERES MY PEOPLE! 21% for 21Million BTC
“In total, only 21% had some degree of confidence in crypto as an investment this year…” THERES MY PEOPLE! 21% for 21Million BTC
Yall ready to gain but nobody's willing to lose
Cryptobigbro1
This data is not true.
Because those millennials haven’t found hex yet aka team win. If they had, their financial literacy alone being in this community would regain their confidence to learn the GAME and delay gratification to win.
I am still here ☝️ Who else ?
Crypto currency
I love to hear that... only means im still early🔥🔥🔥
Yeah cuz most people don't realize the difference between crypto and Bitcoin Most people just went in on doge and shiba thinking that they would replicate Bitcoin's history
Ok, I only listen to ChiefraFba for signals!
I’m not so sure about crypto losing popularity
Please is Luno safe for trading.......?
As long they are holding back crypto from going up the interest is gone.
Screw them.
I’m sure this applies to ANY investment available right now. Do you think anyone feels confident investing in the market, bonds, real estate - anything? Wait until the shift, and then take another poll.
Yes it is the bear market here
🚀Thnkss a millon.