Some investors have chosen cryptocurrencies to increase their long-term earnings, but it seems that the old appeal of this option is no longer available.
In a statement made by consumer financial services company Bankrate the other day, it did not go unnoticed that there were some changes in interest in crypto. He shared some data in Bankrate’s tenth annual study.
Cryptocurrency May Not Have The Old Trust
Bankrate surveyed Americans’ preferred ways to get rich in the long run, and shared the study on July 20. In the image you see above, according to the data as a result of the survey, unfortunately, the crypto money remained at the bottom than expected.
Specifically, only 6 percent of the 1,025 people who participated in the aforementioned survey chose cryptocurrency as their primary long-term investment. This figure is quite low, if one asks why, it was 92 percent who preferred digital currency assets last year. When we look at the interest shown in altcoins and virtual currencies within a year, in percentile; There was an 86 percent decrease.
If we start from the top among the investment alternatives provided; investment in real estate, stocks, bonds, gold, other precious metals and finally crypto money.
In the past few months, the virtual currency market has been in a downward spiral, with the value of most currencies falling and major investors on the brink of bankruptcy; however, the market has recently shown signs of rebounding from last week.
