In late April a major crypto exchange Bitstamp conducted a study of potential investors. The study has discovered the following:
*67% of retail respondents believe crypto is a trustworthy investment, while just 11% said that crypto was untrustworthy
*The level of trust in crypto as an asset class is high, with 71% of investment professionals and 65% of retail consumer investors stating that they trust crypto
*88% of institutional respondents and 75% of retail investors believe that crypto will see mainstream adoption within a decade
Institutions are also bullish on crypto: 80% said crypto will overtake traditional investment vehicles in this time frame
In the interim, crypto market has experiences a downturn but is now on an uptick. I suspect the overall investor sentiment likely has not changed much as we are likely mostly talking investors thinking long rather than short term.
So this is overall encouraging as perception forms reality, at least to some extent, when it comes to investment.
80% of Institutional Investors Expect Crypto to Overtake Traditional Investments, Survey Shows
Kevin Helms, Bitcoin.com, 27 April 2022
Bitstamp Crypto Pulse: Crypto to overtake traditional investments
Bitstamp blog, 26 April 2022
