49% of Poll Respondents Have Over 80% Capital Invested In Cryptocurrencies

49% of Poll Respondents Have Over 80% Capital Invested In Cryptocurrencies
фото показано с : zycrypto.com

2021-1-11 14:26

49.8% which represents an average of 310 out of 624 people admit to having between 80% and 100% of their capital invested in cryptocurrencies, according to a new poll conducted by on-chain analysis platform, Santiment.

Santiment conducted a poll asking investors how much of their capital is already invested in crypto, compared to the amount of fiat and stablecoins they plan to invest in crypto as well.

“According to our poll, roughly half of our voters have at least 80% of their planned capital currently invested in #crypto.”

More People Are Investing In Crypto Rather Than Speculating

The poll also found that 17% of the 624 voters who responded to the poll have 60-79% invested in crypto, 14.3% have at least 40% and 18.3% have invested less than 40%. Santiment concluded that the results of the poll indicate that more people are actively participating in the crypto market than initially thought.  

“The narrative that many are sitting on the sidelines now may not be as true as it seems.”

While the data gives a peek into retail investors’ sentiments, it does not seem to account for institutional investors who have been partially accredited for driving the crypto market above the recently achieved $1 trillion market cap.

Leading the market, Bitcoin is currently trading 108% above its previous All-time high in 2017. Its perceived value as a hedge against rising fiat inflation is one of the factors that has driven its price up to its current all-time high of $41,941.

According to crypto analyst Michael van de Poppe, bitcoin will inevitably keep on getting bigger and bigger.

“#bitcoin is currently at a stage that it will just become larger fundamentally at a very rapid pace. Just like a snowball rolling down a hill.”

Other altcoins like Ethereum, Litecoin, and Cardano are also registering huge gains, and some analysts insist that the gains will only get bigger once the alt-season sets in. Crypto trader and analyst Koroush AK said:

“It’s still Bitcoin season. You’ll know true altcoin season when it comes.”

Bitcoin Needs More Liquidity and Regulation

However, notable skeptics have refuted the validity of Bitcoin and the rest of the crypto market, insisting that it is all an enormous bubble. A report by The Economist stated that bitcoin has a long way to go before it achieves its currently perceived value.

“It would take more liquid trading, regulation and clampdowns on criminal activity to give bitcoin a wide appeal.”

Similar to Notcoin - Blum - Airdrops In 2024

origin »

First Bitcoin Capital (BITCF) на Currencies.ru

$ 0.01244 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0.01244 - H: $0.01244
Капитализация $0 Rank 99999
Доступно / Всего 0 BITCF

invested capital cryptocurrencies poll santiment 100 according

invested capital → Результатов: 94


DeFi-проект Aave привлек $25 млн на развитие институционального кредитования

Лендинговый протокол Aave привлек $25 млн инвестиций от Blockchain Capital, Standard Crypto, Blockchain. com и ряда других компаний. We are excited to announce that @blockchaincap @standardcrypto @blockchain ventures have invested into the future of the Aave Protocol and will be participating in protocol governance.

2020-10-13 20:24


Crypto investment company KR1 invests in Moonbeam Network

KR1, a cryptocurrency and blockchain asset investment company, today announced that it has invested a total of USD $100,000 in the Moonbeam Network project. KR1 took part in Moonbeam’s seed funding round alongside Hypersphere Capital and HashKey Group and will receive a yet-to-be-determined amount of Glimmer (GLMR) tokens that will power Moonbeam’s blockchain.

2020-10-2 20:57


China-Based BTC Miner and Wallet, Bixin, Opens A $66M Crypto Investment ‘Fund Of Funds’

The announcement released on Friday states, Bixin will set aside 6,600 BTC (~66 million dollars) from its proprietary mining capital into the “fund of funds”. The funds will be invested in global quantitative trading funds with a special focus on arbitrage, BTC futures and general technical and trend analysis within the industry. As Bitcoin heads […]

2020-5-8 15:52


VC: New 10-Year Phase in Crypto to Begin in 2020: What it Means For Bitcoin, Ethereum, Blockchain

Outlier Ventures, a venture capital firm, said that 2020 will be the start to a new phase in crypto, bitcoin, Ethereum, and blockchain following ten years of development and speculation. The firm’s head of research Lawrence Lundy—which has invested in major cryptocurrencies like bitcoin, Ethereum, Cosmos, Brave, and Chainlink—said that the next ten years will.

2019-12-21 15:36


Фото:

Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin.

2019-5-29 18:53


Dr. Ayo Akinyele’s Bolt Labs Secures $1.5 Million To Work On Lightning Network Payments Privacy

Bolt Labs Raises $1.5 To Improve Lightning Payments With A New Implementation The cryptocurrency startup Bolt was able to raise $1.5 million during a funding round that was led by Dekrypt Capital. According to a recent press release, other firms that invested included ZCash Foundation, Ripple’s Xpring, Lemniscap, Access Ventures, and Branson Bollinger, among others. […]

2019-4-17 21:34