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The Daily Hodl
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25 Million Americans Are Considering Investing in Crypto: Study

by Daily Hodl Staff
August 17, 2019
in Bitcoin
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎
‎‎‎ ‏‏‎

According to a new study, 25 million Americans are thinking about buying cryptocurrency in the next 12 months.

US-based Nobl Insurance released its study analyzing digital asset trends and US residents’ willingness to invest over the next year.

The report finds that from the start of 2018 through May of 2019, the market grew by 42%, with 6.72 million new owners enter the market.

Here are some additional highlights from the study.

  • Despite the loss of over $1 billion USD worth of cryptocurrency last year alone, just 10% keep their digital currency exclusively in offline cold storage.
  • Men have been the first on the uptake of cryptocurrencies, but women are now catching up at 35% of all owners.
  • 44% of crypto owners are over 35 years old, sitting mostly outside the millennial age group.
  • 37% of cryptocurrency holders own more than $5,000 worth of assets and a further 8% hold over $50,000 in crypto.

You can check out a synopsis of the study here.



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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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