Only 24 % of Americans trust the security of crypto (survey)

Only 24 % of Americans trust the security of crypto (survey)

A study by the Pew Research Center found that most US citizens (88 %) have at least basic knowledge of cryptocurrencies. However, only 24 % consider investing, acting or using digital assets to be safe and reliable.

The proportion varies in the various population groups: Adults over 50 are more skeptical (85 %) than younger people (66 %).

The latest trends in the USA

17 % of the study participants approved for dealing with cryptocurrencies at one point in their lives. The settings differ depending on gender, age, race, ethnicity and level of income.

For example, 41 % of men aged 18 to 29 have stated that they have invested in the asset class or used them, compared to 16 % of women in the same area.

Digital assets seem to be more popular in minorities. 24 % of Asian respondents and 21 % of the black and Hispanic respondents stated that they had entered the ecosystem. In comparison, only 14 % of white adults did this.

The knowledge seems to be at a high level, almost 90 % of the participants indicate that at least a little of Bitcoin and some alternative coins have heard. However, 75 % are not convinced of the security and reliability of the asset class. Only 2 % stated that they felt "extremely safe" if they deal with it more intensively, while 4 % were classified as "very confident".

Women are a little more skeptical than men, with 80 % classified in the zone "not self-confident" (compared to 71 % of men).

It is worth noting that investors have much higher confidence in cryptocurrencies. One of five of them is either "extreme" or "very confident", while only 2 % of those who have not distributed funds in the asset class have answered this.

Almost half of the crypto investments were not advantageous

The Pew Research Center also estimated that most investors (74 %) entered the ecosystem one to five years ago. Those who opened on the moving train before 2018 were only 10 %.

Unfortunately, their trips to cryptocurrency were not as advantageous for 45 % of American investors as expected. Only 15 % stated that they made better profits than originally assumed.

For 3 % of investors, the entry into the digital asset sector caused considerable financial damage. 16 % stated that they were injured a little.

Most of the people who separated from considerable sums were university graduates (25 %) and people with a little university experience (20 %).

Some cryptocurrency experts have warned several times that individuals should immerse themselves in the market as soon as they have understood the matter. As an essential rule, it was also formulated that only as much as you can afford to lose.

One of the volume supporters of Bitcoin-Anthony Scaramucci-

.