New breed of bitcoin investors?

[MCobian]

The survey results of 491 respondents cannot be used as a benchmark to conclude something, too few to conclude that there is
a new breed of Bitcoin investors. Based on my observations there is nothing new about the types of investors that exist today.
All investors are the same holding popular coins, and will sell after they reach the sell target. Investors are also used to using
the stop-loss feature, and investors will buy coins that are trending, as now there is a trend for DeFi projects. So many investors
who invest in DeFi projects, So my conclusion is that there are no new breed of Bitcoin investors.

[pixie85]

~

This is true. I can say that "Hey I'm holding Bitcoin for around 1-2 years so that I can get some profits" but whenever the price of Bitcoin goes down, I will panic and therefore sell my Bitcoins and what they said in the survey isn't true at all.

This is what is happening and will happen in the future especially with these new Bitcoin investors. Some of them doesn't know how to control their emotions and some of them are just buying it for the sake of profit but in reality, they can't take the volatility of it and when Bitcoin drops they will panic and will sell the Bitcoins they are holding.

Do you really do this? I thought long time forum members would be a little more confident with their investments.

I stopped panicking years ago and there aren't many things that could force me to sell. A medical condition of mine or one of my family members could be one of these things but price volatility definitely not.

[mk4]

Do you really do this? I thought long time forum members would be a little more confident with their investments.

I stopped panicking years ago and there aren't many things that could force me to sell. A medical condition of mine or one of my family members could be one of these things but price volatility definitely not.

It's probably safe to assume that LogitechMouse was referring to bitcoin holders in general, not Bitcointalk forum members. There are other bitcoiners outside Bitcointalk, you know.

[Yatsan]

It honestly doesn't improve my confidence for even the slightest.

Various people can claim that they will be holding their bitcoin for whatever amount of years and such, but then when the price drops enough to the point that it scared their asses off? They dump, saying that bitcoin is dead, or to "buy back lower".

I think it's better to look at how the bitcoin "bulls" acted in the last crash after the bull run, than listen to what they say.

I agree. Many people even newbies can claim that they will be willing and have a tough mind and soul to remain still into holding into their Bitcoin investments up until the very end of time but those were just boastful and confident claims with no pure proven results because once they see that the market is facing a struggle they cannot get into their butt hurt and they are tend to pull out their investments to try to save their money from the suffering. Actions literally speaks louder than words. Instead of claiming, better just do it and show it on how tough you really are for newbies haven't seen the critical points that can possible to happen unlike the long time investors who have already been here since then.

[mk4]

I agree. Many people even newbies can claim that they will be willing and have a tough mind and soul to remain still into holding into their Bitcoin investments up until the very end of time but those were just boastful and confident claims with no pure proven results because once they see that the market is facing a struggle they cannot get into their butt hurt and they are tend to pull out their investments to try to save their money from the suffering. Actions literally speaks louder than words. Instead of claiming, better just do it and show it on how tough you really are for newbies haven't seen the critical points that can possible to happen unlike the long time investors who have already been here since then.

One thing's for sure: it's pretty easy to think and claim that you'll be holding unto your bitcoin for years and years if the price is continuously rising(à la 2017 bull run). When the market does the opposite on the other hand..

[Ridwan Fauzi]

There is no complicated rule when someone tries to invest in bitcoin. They only need to spend money and make a wallet to save their bitcoin. Comparing to some institutional investment place meaning there is a party who manages it bitcoin is easier than them, so I'm not weird when bitcoin has been accepted by most countries there will be many new investors who come.

Maybe it's regardless of whether they know the ins and outs of bitcoin or not or maybe they just rely on luck because there is a lot of interesting information about investing in bitcoin. But perhaps when they get lost they will find a way to redeem the lose that has spent because of the carelessness they had made themselves.

[mk4]

There is no complicated rule when someone tries to invest in bitcoin. They only need to spend money and make a wallet to save their bitcoin. Comparing to some institutional investment place meaning there is a party who manages it bitcoin is easier than them, so I'm not weird when bitcoin has been accepted by most countries there will be many new investors who come.

Maybe it's regardless of whether they know the ins and outs of bitcoin or not or maybe they just rely on luck because there is a lot of interesting information about investing in bitcoin. But perhaps when they get lost they will find a way to redeem the lose that has spent because of the carelessness they had made themselves.

It's definitely not complicated if you're just going to buy bitcoin through services such as Coinbase and Cash App and just leave the coins in custody. On the other hand, if you actually want to have self-custody over your coins and at the same time not exposing your identity/privacy, it's definitely complicated.

[akram143]

New generation people invest on cryptos after watching youtube video or reading an article with the hope of making good returns in a year but investments won't generate money in that way, even 4 years is quite low to make huge profits probably they should be ready to hold their coins for the next 10 years.

[leea-1334]

The survey results of 491 respondents cannot be used as a benchmark to conclude something, too few to conclude that there is
a new breed of Bitcoin investors. Based on my observations there is nothing new about the types of investors that exist today.
All investors are the same holding popular coins, and will sell after they reach the sell target. Investors are also used to using
the stop-loss feature, and investors will buy coins that are trending, as now there is a trend for DeFi projects. So many investors
who invest in DeFi projects, So my conclusion is that there are no new breed of Bitcoin investors.

Maybe not,,, but the results of many many such surveys, with different demographics and at different aspects of researcher objectives can together mean something.

I do not think there is a new breed of Bitcoin investors too,,, for sure the new speculative people in altcoins and Defi are a thing but Bitcoin holders and buyers are always the same,,, patient, quiet, have real jobs;)

[carter34]

The survey results of 491 respondents cannot be used as a benchmark to conclude something, too few to conclude that there is
a new breed of Bitcoin investors. Based on my observations there is nothing new about the types of investors that exist today.
All investors are the same holding popular coins, and will sell after they reach the sell target. Investors are also used to using
the stop-loss feature, and investors will buy coins that are trending, as now there is a trend for DeFi projects. So many investors
who invest in DeFi projects, So my conclusion is that there are no new breed of Bitcoin investors.

I think hodlers are still the same only trying to diversify into the new hype, DeFi projects. As for investment in btc, there might not be much of new investors The survey might not have been objective, it has not be shown in btc price because we are yet to get to the last ATH.

[michellee]

The survey results of 491 respondents cannot be used as a benchmark to conclude something, too few to conclude that there is
a new breed of Bitcoin investors. Based on my observations there is nothing new about the types of investors that exist today.
All investors are the same holding popular coins, and will sell after they reach the sell target. Investors are also used to using
the stop-loss feature, and investors will buy coins that are trending, as now there is a trend for DeFi projects. So many investors
who invest in DeFi projects, So my conclusion is that there are no new breed of Bitcoin investors.

I think hodlers are still the same only trying to diversify into the new hype, DeFi projects. As for investment in btc, there might not be much of new investors The survey might not have been objective, it has not be shown in btc price because we are yet to get to the last ATH.

The holders will always want to diversify assets and find other things that can help them to increase their wealth. They will use DeFi projects to make more money as the DeFi projects become a new trend in the crypto world. If they make a lot of money, they will leave the market and wait for a while to buy back another coin, which is down a lot. If the bitcoin price is at the downtrend, they will buy more bitcoin as the price will be low.

[DdmrDdmr]

The survey (*) has some meaning to Huobi, but it does not mean that the results of the survey may be extrapolated elsewhere. Huobi claims to server 5M customers worldwide (on their LinkedIn page). The sample size (491 people) may seem statistically fit with say a 5% margin of error and a confidence interval of 95%, but there are things to consider which may affect the results noticeably:

- The survey is answered by Huobi customers (which may have an intrinsic bias per se vs other exchanges, and certainly from an objective point of view).

- The survey states that the respondents are "active users in emerging markets across Europe, Asia, Africa, and South America". That leaves out the habits for North America for example. What’s more, Statista claims that 41,8% of the exchange’s visitors are from China (https://www.statista.com/statistics/944257/share-of-huobi-visitors-by-country/). This could introduce a regional bias in the underlying data (which we cannot see).

- How the questions themselves are set (and the available set of answers), which we cannot see.

The information is valuable though to the Exchange itself, as it profiles to some extent some information on its own customer base (as I said, not necessarily extrapolable).

 (*) I could not find the original complete survey. It seems to have been released by means of conclusions in a press release (https://www.prnewswire.com/news-releases/cryptocurrencies-are-primary-investments-for-many-finds-new-huobi-survey-301134622.html)

[verita1]

Although the survey sample is small, it reveals positive results for Bitcoin. I am also interested that Bitcoin has a strong and growing community. I often do my own Twitter search and follow accounts of related personalities and the community is authentic. Despite the circumstances we are experiencing, we have taken Bitcoin to the best position with a good perspective towards the future.

[Debonaire217]

Although the survey sample is small, it reveals positive results for Bitcoin. I am also interested that Bitcoin has a strong and growing community. I often do my own Twitter search and follow accounts of related personalities and the community is authentic. Despite the circumstances we are experiencing, we have taken Bitcoin to the best position with a good perspective towards the future.

This doesn't necessarily mean that 491 participants could constitute to the entire population of bitcoin and cryptocurrency enthusiasts. Just like what DdmrDdmr said, they could have been affected by their personal interests and experience throughout using the huobi exchange. But exchanges also differs, some exchange have good trading volume, higher liquidity, and more factors that could affect the buying decision of a person. Surveys about bitcoin should be conducted more effectively by CMC, in which, prices are impacted based from API from different exchanges.

[Renampun]

New generation people invest on cryptos after watching youtube video or reading an article with the hope of making good returns in a year but investments won't generate money in that way, even 4 years is quite low to make huge profits probably they should be ready to hold their coins for the next 10 years.

lucky for those who can survive up to 10 years but bad luck for those who can't...
sometimes many videos that don't match expectations circulate on YouTube, we have to be able to choose which one is the most suitable for us because not all coins can make new investors going rich.

<a href="http://www.freebiebitcoin.com">Earn free

spread the referral link here = banned

[farukahmed]

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.

[Twentyonepaylots]

Although the survey sample is small, it reveals positive results for Bitcoin.

Yeah I can agree, small respondents can make sense in survey, and it uncovers some part of bitcoin investments.

Despite the circumstances we are experiencing, we have taken Bitcoin to the best position with a good perspective towards the future.

I believe that there will be place for bitcoin in the future, but we should not take this as pure reason to buy bitcoin, make some realization first if you really want or you just ride the tide with bitcoin coz you see it rising, ready yourself for it coz no one is really sure where bitcoin is heading. However I see a strong support for bitcoin, imagine sitting at top for a decade.