Volatility, environmental impact, and regulations are some of the reasons why people are still hesitant about crypto, according to a new survey by Coupon Follow.
While some people believe in the long-term potential of cryptocurrency, others are hesitant to put money in because of different concerns. A recent study conducted by Coupon Follow found out that the majority of people who haven't invested in cryptocurrency cite worries such as value volatility and restricted applications, environmental impact as well as regulatory concerns.included
respondents aged 18 and above, was answered by 1,172 people among Gen Z, Millennials, Gen Xers and Baby Boomers. Each group was represented by samples ranging from 172 to 333 individuals. According to the report, all respondents were"no coiners," or individuals who have not yet invested in crypto. A lack of understanding was reported as the most popular reason for buyers' hesitation across all generations, according to the research. When asked about their refusal to buy crypto, 42% of the respondents said they didn't"understand their value."
However, the report suggests that interest in learning more about crypto has not died down. Even if they were unwilling to invest money in it, the majority of respondents were at least somewhat interested in learning more about cryptocurrency. A significant percentage of respondents, 39%, were scared off by crypto volatility.
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