“So your bitcoin?” One in two Americans regret their crypto investment

So happy ? – According to a study, almost half of Americans who have invested in crypto are disappointed with the performance of their savings in Bitcoin or in Ether.

When bitcoin leaves a bitter taste

It is clear that the year 2022, even if it is full of sunshine, is experienced as a rather harsh winter on the cryptocurrency market. After a frantic bull run who carried the Bitcoin up to the border of 70,000 dollars, the current price (and the very soft market) gives a little desire to depress. And if you bought at the top of the market, you definitely have quite a bitter aftertaste in your mouth. Those who knew the market in 2017 will surely understand you.

This bitter taste, almost 50% of American investors share it. A investigationlaunched by the Pew Research Center indeed demonstrates that of the 16% of Americans who say they have invested in crypto, 46% consider themselves to be disappointed with their investment. It must be said that almost 70% of investors have started to buy Bitcoin during the bullrun phase. The descent, and therefore the acceptance, is very brutal. So, if you ask an American who has invested in 2021 what he thinks of the Bitcoin, you have a one in two chance of seeing him smile. Or to watch him walk away, lowering his head after hearing “and your sister?” »

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NFTs? I don’t even touch it with a stick!

15% of respondents, however, say that their investment is doing better than they had expected, 31% are approximately at the initially estimated outcome, and 8% mention that they are not sure. How not to be sure? Certainly these 8% come to swell the rank of people who have lost their wallet and who no longer know what they have on it.

Results of the Pew Research Center study on crypto investing
US study results PEW

The survey, conducted in July, shows that the number of total investors has changed little between 2021 and 2022. For the majority (nearly 80%) it’s a investment, just like real estate or the stock market, and a good way to earn money. For 54% of them, invest in cryptocurrency is simpler, easier to access, than in other financial investments.

The survey, in addition to questions on cryptocurrencies, also included a section on NFT. About 50% of respondents say they have already heard of NFTs (Non Fungible Token) but only 2% declare (or assume…) to have already purchased some. Democratization is on the way. Slowly, of course, but still on the move!

What would be the results of such a study in France? No doubt they would certainly be mixed and opinions would be divided (with a little more Gallic bad faith). If the crypto winter takes place over a long period like the previous bear market, many will curse and no longer dare to talk about their bitcoins. But if the bull comes back… the smiles will come back too!

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