U.S. Investors Not Biting on Bitcoin, but Many Intrigued
WASHINGTON, D.C. -- Bitcoin, the leading form of digital currency that has seen its price soar, crash and rise again in the past year, has made little headway with U.S. investors. According to a Wells Fargo/Gallup poll, just 2% of investors say they currently own bitcoin, and less than 1% plan to buy it in the near future. While most investors say they have no interest in ever buying bitcoin, about one in four (26%) say they are intrigued by it but won't be buying it anytime soon
These results are from the second-quarter Wells Fargo/Gallup Investor and Retirement Optimism Index survey, conducted online May 7-14, 2018, via the Gallup Panel. The poll is based on U.S. adults with $10,000 or more invested in stocks, bonds or mutual funds, either within or outside a retirement savings account
Created in 2009 as a form of digital currency outside the realm of central banks, bitcoin has become more popular as a high-risk/high-reward investment than as an online currency -- although acceptance of bitcoin for electronic payments is growing.
Bitcoin has yet to make significant inroads into any major subgroup of U.S. investors. Just 3% of men, 1% of women, 3% of those aged 18 to 49 and 1% of those aged 50 and older report owning it. While ownership is more common among wealthier investors, just 3% of those earning $90,000 or more report owning bitcoin, compared with less than 1% of lower-income investors
Little Known About Bitcoin, Except It's Risky
Limiting bitcoin's popularity as an investment, only about three in 10 investors (29%) say they know something about digital currencies. Most of the rest -- 67% -- say they have heard of these currencies but don't know much about them, while 5% have not heard of them
Visit https://TheCryptoLight.com for up to date news and reviews on ICOs, Blockchain and Cryptocurrencies!
#ZClassic #indaHash #FuzeX #SelfKey #VertCoin #KickCoin #Particl #NameCoin #Havven #XLM #FairCoin #SureRemit #QLink #Synereo #0Chain #CloakCoin #CobinHood #BTC #AurumCoin #ETH #TokenCard #Babb #Modum #DecentBet #TLC #ugChain #Tierion #EximChain #Lunyr #Peerplays