Grayscale research has found that most people are already interested in Bitcoin.
The Grayscale cryptomoedas investment company recently launched its 2020 Bitcoin Investor study. The survey used data from a survey that digitally interviewed a considerable number of individuals in the US between June and July. Grayscale found that most of the people surveyed were interested in buying Bitcoin (BTC).
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„In 2020, more than half (55%) of respondents expressed interest in investment products at Bitcoin,“ Grayscale wrote in his October 2020 report. „This represents a significant increase since 36% of investors said they were interested in 2019“.
The Grayscale report’s figures gather data compiled by research firm 8 Acre Perspective. The company asked 1,000 Americans about their investment interest in Bitcoin. The group interviewed ranged from 25 to 64 years, with a minimum family income of US$ 50,000 and a minimum of US$ 10,000 capital in its investment exposure.
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Similarly, the 2019 Grayscale report compiled data for 1,100 Americans interviewed in March and April 2019 in the same economic and age group.
„Among those who reported investing in Bitcoin, 83% made investments last year, indicating that digital currencies are an increasingly attractive component of modern investment portfolios,“ detailed the 2020 Grayscale report.
The report’s revelations show that Bitcoin’s popularity has increased in the US. „Based on this year’s survey, the market for potential investors in Bitcoin is 32 million people – compared to 21 million investors just a year ago,“ the report explained.
„This year, 62% of investors reported that they are ‚familiar‘ with Bitcoin, compared to 53% in 2019. In addition, nearly half of those surveyed predicted that digital currencies will be considered common by the end of the current decade. “
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The report also noted that those interested in BTC were similar to conventional market participants, although those interested in purchasing Bitcoin are about seven years younger on average.
In addition, the report also pointed to a correlation between interest in Bitcoin and the OVID-19 pandemic.