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ladookhotnikov · 11 months
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Cryptoinvestors Don't Care About Tokenomics and Technical Indicators
According to a study by Broadridge, most cryptoinvestors do not use the recommendations of professional traders to analyze the market and evaluate cryptoassets.
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This fact is not much about the distrust to traders but about the most investors' strategy.
Over 2,000 crypto market players in England, Canada and the USA took part in the survey. As a result, it turned out that over 65% of respondents prefer long-term investments, i.e. hold. It is clear that they do not particularly need the advice of traders because they will see for themselves when the asset reaches the required mark.
In addition, 47% of respondents said that they started investing in cryptocurrency for the purpose of self-education which later turned into trading.
Interestingly, the United States unconditionally leads in the number of cryptocurrency holders: there are 46 million of them today. India and Pakistan are in the second and the third places with 27 and 26 million participants in the crypto industry, respectively.
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forex268dotcom · 2 years
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