There was a survey conducted by Huobi which was also
reported by Cointelegraph.
| No. of respondents: | 491 |
| Age range: | mostly from 26 to 50 |
| Investment experience: | Most with less than 3 years |
So it appears that most of the respondents are relatively new to crypto investments and they weren't around during the 2017 bullrun. I guess they can be considered lucky. They might have been rekt too like most newbies then had they bought btc when it was pumping.
An interesting result is that 45% of the respondents have one year or longer timeline for their investment. To me, this indicates that they are preparing for the much anticipated bull run next year based on btc's 4-year cycle or the pattern that btc tends to pump 1 year after halving.
Another 12.5% said they are willing to wait four years or more for their ROI. These are either serious hodlers who sees potential in bitcoin or they just want to try and see if they can profit or not.
The no. of respondents might be small and do not really represent the new breed of btc investors but it's still a good sign that they do not see this as a pump and dump/get rich quick/ponzi scheme.
What do you make of this survey? Are we seeing a change on how newcomers view bitcoin investment?
It is true that day by day a lot of people are leaning towards Bitcoin. There are many people who prefer to invest in Bitcoin rather than depositing their money in banks. The price of Bitcoin is rising every year and people are becoming more and more interested in investing here as they know about it. It is true that most of the people who come here are young generation.
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