Black_background_logo_BitcoinWorld-removebg-preview
Cryptocurrency
Latest News

Eighty percent of major investors believe cryptocurrency has a bright future

In recent years, financial institutions have been increasingly adopting cryptocurrency into their portfolios.

Cryptocurrency has beginning to be as a pure digital asset by institutional investors and asset managers.

Despite its infancy, this asset class has received significant market acceptability and has experienced tremendous growth.

Many institutional investors have begun to include digital currency-related assets in their portfolios and trading strategies to diversify their portfolios and trading methods.

Indeed, academics have spent a great amount of time and effort examining bitcoin trading.

Traditional investments are expected to be surpassed by cryptocurrency

According to Bitstamp, a worldwide cryptocurrency exchange, 80 percent of institutional investors believe bitcoin will someday supplant traditional investment vehicles.

Furthermore, 70% of institutional investors evaluated bitcoin as a reliable investment, with 68% actively endorsing it in investment plans.

Bitstamp has given a sneak peek at the results of its Global Digital Assets Pulse Survey for 2022.

In order to provide a fair representation of facts and insights about virtual currencies, the study comprised 23 global marketplaces and surveyed over 23,000 individual investors as well as 5,500 institutional investors.

In ten years, traditional investment will be a thing of the past.

Investors believe that digital assets would eventually beat traditional investment during the next decade, according to a Bitstamp poll.

Within a decade, popular adoption could reach a tipping point, making it the new normal. According to the report, roughly 80% of institutional investors think cryptocurrencies are a good investment.

Furthermore, a large majority of investing specialists and 66 percent of average investors believe these are a good investment.

The survey included 28,563 respondents from 23 countries in Asia-Pacific, Africa, Latin America, North America, Europe, and the Middle East.

Related Posts – Elon Musk, a Dogecoin supporter, has decided not to join the Twitter board of directors

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.