Just 5% of the US respondents think there are no risks when investing in digital currencies.
CNBC’s “Your Money Survey” estimated that 60% of the American participants consider the risk of investing in cryptocurrencies to be high.Crypto Looks Riskier to Americans
The decline of the cryptocurrency market, as well as the various adverse events in the sector, have had an impact on the sentiment among many Americans. CNBC’s latestfound out that 60% of the US respondents think of crypto investing as highly risky, while this figure was 45% in August 2021. 26% think delving into bitcoin and alternative coins hides a “moderate” risk, while only 5% consider it to be totally safe.
Cryptocurrency investors have also lost some of their confidence, with 60% claiming there’s a real chance of severe losses when dealing with the asset class.10% of the research’s participants revealed they are HODLers. Millennials are the most active demographic group, with 15% of them holding some crypto. Generation Z and Generation X follow closely with 12% each.
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