Survey: Almost half of crypto traders are long-term investors
Cointelegraph
Published Sep 18, 2020 09:59AM ET
Updated Sep 18, 2020 11:40AM ET
According to a recent survey of Huobi traders, 45% of respondents have time horizons longer than one year, with 12.5% saying that they are willing to wait over four years for a return on their investment. This seems to contradict the widely accepted view that most crypto investors are just there to make a quick buck.
When asked which asset they have held the longest, it’s no surprise that 69% said it was Bitcoin (BTC). Despite the vast majority of respondents belonging to the 26-50 age range, most of the respondents have less than 3 years of investment experience.
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Written By: Cointelegraph
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