Survey: half of american bitcoin hodlers own other cryptocurrencies and multiple wallets
In November, LendEDU commissioned a new poll of 564 Americans who have invested in Bitcoin. The goal was to test the current sentiment and future expectations of a specific sub-section: Bitcoin investors.
The respondents answered such as “Have you invested in other cryptocurrencies besides Bitcoin?” (52 % answered “Yes”), “Would you buy bitcoin through an exchange traded fund (50% agreed) or futures contracts (42%)
84% of the respondents think that in 5 years Bitcoin will be the largest crypocurrency in terms of market capitalization and almost half of them (45%) use a physical device to store your Bitcoin.
31% of participants think, that increased regulation and oversight by U.S. government agencies would be a good thing for the price of Bitcoin, 38% think that it would affect it the opposite way. Half of them think, that increased presence and participation from financial institutions (ex. Goldman Sachs, JP Morgan) would have a positive impact on the price of Bitcoin.
On average, respondents reported that the current value of their Bitcoin investment was $2,930.85. At the time of the survey completion, the price per Bitcoin was $6,490.