30% Of Investors Are Thinking About Getting Into Cryptocurrencies

For comparison 33% are thinking about getting into stocks. According to a survey I conducted on Feb 5. See more comparisons in below image.

(The answers are multiple selection, so if investors are thinking about getting into more then one investment type, then the percentages will add up to over 100%).

The top reason that holds them back from buying, or buying more crytocurrencies is that they don't know enough about them. And for the 61 respondents that hold crytocurrencies, the top reason is that the fees are too high.

As we can see on question 9, many more are getting into cryptocurrencies then getting out of them. This indicates that the current crash is due to large holders getting out, holders reducing their positions, or since this survey was conducted of only Americans, non-Americans are fleeing cryptos.

Methodology:

This survey was commissioned by Crypto Survey, and conducted online by survey provider Pollfish. 500 Americans were surveyed. House holds with income below $100,000 were screened out, even before the screening question. The screening question screened out any respondent with less then $100,000 in investments. This screening was done because the majority of investments are held by the minority of wealthy investors, so they have more power to have an effect on prices.

See the entire survey at this link, it's very interactive:
https://www.pollfish.com/dashboard/results/377851/115978318

My website where you may subscribe for future surveys.
https://www.cryptosurvey.io

This is a brand new service, I'm looking for writers, analysts, and researchers to put my survey results into perspective for my subscribers.