70% of US crypto holders started investing in 2021 - Huobi's Crypto Perception Report 2022 - Cointelegraph

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Citing Huobi's Crypto Perception Report 2022 survey, Helen Partz reports in cointelegraph.com that "about 70% of crypto hodlers in the U.S. started investing in cryptocurrencies like Bitcoin (BTC) in 2021.

They survey was conducted with 3000 adult Americans in mid-December 2021 to assess respondents’ knowledge of crypto, what they think about the crypto market rise in 2021 and more.

Highlights:

68% of respondents got their first crypto exposure within the last year.

21% of those started investing in crypto up to two years ago.

12% of respondents made their first crypto investment within four years.

9% began investing in crypto more than four years ago.

46% of pollees invested $1,000 or less in cryptocurrencies.

25% said that they held between $1,000 and $10,000.

42% of respondents felt it was too risky to invest in crypto, there’s still a lot of skepticism around the crypto industry.

34% of interviewees were also concerned about the lack of market regulations.

24% of respondents noted that they didn’t have enough capital to invest in crypto.

Source credit and full story - https://cointelegraph.com/news/70-of-us-crypto-holders-started-investing-in-2021-report

It is interesting to learn from Huobi's global strategy director Jeff Mei that the reasons for the popularity of crypto in 2021 are DeFi and NFTs and he feels that there is a long way to go for mainstream adoption.

We have to wait and see what new trends and use cases will emerge in 2022 to help with the crypto mainstream adoption.

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