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Survey: Almost half of crypto traders are long-term investors

Published 09/18/2020, 09:59 AM
Updated 09/18/2020, 11:40 AM
Survey: Almost half of crypto traders are long-term investors

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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Did you know casinos are accepting cryptos now, I wish this trend keeps in ascend. I started using BTC and ETH once I realized I could exchange it for personalized coin on MintMe, I made some profit trading those coins and the trade them back to cryptos. You should check it out if you love cryptos.
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