- Cryptocurrencies arguably hit the mainstream last year, as nearly every media outlet covered Bitcoin’s astronomical rise from near-obscurity to $20,000. However,
- In legacy markets, whereas approximately 52% of Americans own stock in publicly-traded firms, the 8% figure seems rather dismal.
- The claim was backed up by figures found by the survey, where 6% of those who earn over $100,000 a year own cryptocurrencies, while 11% of those who earn $50k-$75k have investments in this asset class. Speaking more on the manner, Micah Winkelspecht,
- Where traders are subject to constant fluctuations in the price of their holdings on a 24/7 basis. Secondly, the regulatory uncertainty that rages to this day, as governing bodies have yet to introduce laws which ensure consumer protection
- This last investor qualm was even acknowledged in the aforementioned survey, with 20% of respondents divulging that more information could spark an interest in cryptocurrencies.
- My guess is that crypto is of the digital age. And the younger generation is of the digital age and used to doing everything on the internet.”
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