UNITED STATES, WASHINGTON (OBSERVATORY) — According to the results of a survey conducted by BabelFinance, more than 30% of Chinese investors are confident that the price of bitcoin will overcome the $ 30,000 mark in the next 12 months. It is reported by Bitcoin Magazine with reference to the Chinese resource 8btc.
Most of the respondents are young, educated, and fairly well-off people, mostly males. 51.8% of respondents are people aged 26-35 years, 21.9% – 19-25 years old and 22.8% – 36-45 years old.
Among the main reasons for investing in cryptocurrency, the majority of respondents (84.3%) called optimism regarding the future prospects of bitcoin and the desire to keep this asset “for the long term”. 25.3% of respondents said that they were attracted by the possibility of short-term profits, and 19.3% said that they treated digital currencies as collectibles.
31.3% of the survey participants said that the share of crypto assets in their investment portfolios is more than 50%; in 12% of respondents, this indicator is in the range of 41-50%, and in 10.8% of Chinese crypto enthusiasts – from 31% to 40%.
Bitcoin is the most popular asset, but many also keep Ethereum (57.8% of respondents), USDT (50.6%) and EOS (41%).
More than 30% of respondents are sure that in the next 12 months the price of the first cryptocurrency will reach $ 30,000; 26.9% of respondents expressed the opinion that in a year BTC will be traded in the range of $ 15,000-20,000; 15.7% of participants indicated a corridor between $ 20,000 and $ 25,000.
Nevertheless, a significant part of the respondents associate bitcoin investments with fraud. Some simply do not know how to acquire cryptocurrency.
This article is written and prepared by our foreign editors writing for OBSERVATORY NEWS from different countries around the world – material edited and published by OBSERVATORY staff in our newsroom.
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