• Sat. Jun 22nd, 2024

Survey: With the Crypto Rise, More Brits are Interested to Dive into the Crypto Space

Christian Klausen

ByChristian Klausen

Feb 21, 2021

Crypto is a big game; its value is rising with every minute. More people are learning about cryptocurrencies daily as institutional investors, small businesses, and everyday retail investors are planning to invest in them. 

A survey by Piplsay states that 23% of 6070 brits are interested in purchasing crypto.

More brits are Wishing to Buy Crypto

Piplsay is a globally known research platform as their recent study has revealed some interesting facts. It states that more brits are willing to invest in crypto and other digital currencies. They understand the worth of this digital platform.

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The survey was conducted among 6070 participants: 54% of these participants have knowledge of cryptocurrencies, and 36% of them have little knowledge of digital currency. 18% have a good understanding of cryptos. Surprisingly 9% of them have never heard of crypto, and 37% have heard about it, but they have little to no knowledge of it. 

Furthermore, 23% of participants have an interest in getting into the world of digital currency. These are the new investors for crypto as they don’t have any previous investment in digital currency.  

The old generation takes crypto as a risk,

Youngsters are interested in it

The survey indicates that the participants who are in their 40s and 50s consider crypto insecure. Thus, they are not interested in getting into this game. 

But the millennials are preferring digital currency over traditional investing systems. They take cryptocurrency as a more secure option. The average age of this category is between the late 20s and early 30s. 

The participants who are born in the late 90s or early 2000s, known as zoomers, are also taking crypto as a safe option.     

However, zoomers have more investment in crypto than millennials. 

We can say that younger people are leading the digital world. 

A New Global Change

The sphere of crypto investors is increasing day by day. It’s just not the brits; people all around the globe are looking to invest in digital currencies. They recognize cryptocurrencies as a safe investment. Thus, the market of crypto is increasing day by day.  

Michael Saylor, the crypto evangelist, is also trying his best to inform CEOs and companies about bitcoin and bringing this currency to the front.  

Christian Klausen

Christian Klausen

Christian Klausen is a talented news writer renowned for his compelling storytelling and comprehensive research. With a sharp eye for detail, his articles offer readers a thought-provoking and well-informed perspective on a wide range of current topics.

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