LOS ANGELES – Bitcoin IRA, released recent survey results asking individuals for their market sentiment, motivations, and investing choices for including cryptocurrency in their retirement portfolios.
Key takeaways from the survey include:
- Interest is Surging: Close to 80% of survey respondents are considering investing in cryptocurrency as part of their retirement portfolios. Despite the recent fall of Bitcoin and other cryptocurrencies, individuals expect continued growth and expansion of digital assets in the near- and long-term future.
- Reasons to Invest: About 40% of respondents are interested in investing in cryptocurrency in speculation that prices will go up. Additionally, 25% are interested in investing to diversify their portfolios.
- Enthusiasm Factor: Roughly 46% of respondents said they look forward to traditional financial institutions adopting digital assets in the future.
- Crypto Crowd: 55% of respondents were between the ages 41-65 when they bought their first cryptocurrency, a surprising revelation considering the industry’s attraction to generally younger crowds.
“Bitcoin and crypto are quickly becoming a prerequisite to a modern portfolio. Americans see an opportunity to move beyond traditional ways of interacting and transacting, particularly when it comes to their retirement portfolios,” said Chris Kline, COO and co-founder of Bitcoin IRA. “Investors are looking towards digital assets as a key tool in their retirement make up. Beyond stocks and bonds, investors are adding more to their investment mix like crypto, as major institutional players move into the sector.”
Methodology
The recent survey was completed in May 2022 by a randomized group of individuals. Over 500 respondents completed the survey. Individuals did not receive compensation or likewise for their participation in the survey.
Source: Bitcoin IRA
