Cryptos to Surpass Traditional Investments in 10 Years, Survey Finds

A recent survey by crypto  exchange  Bitstamp noted that investors firmly believe that digital assets will overtake traditional investments within 10 years. According to the Bitstamp Crypto Pulse survey, 88% of institutional respondents and 75% of retail investors believe in that premise.

A wide survey of 28,563 respondents from 23 countries in North America, Latin America, Europe, Africa, The Middle East, and Asia-Pacific collected the data. Among them were 5,450 senior institutional investment strategy decision-makers and 23,113 retail investors.

In fact, mainstream adoption could gather enough pace to become the new normality within a decade. Roughly 80% of institutional surveyed investors have a bullish stance towards  cryptocurrencies  as an asset class. Furthermore, 54% of retail respondents expected crypto to overtake traditional currencies within a decade. In addition, a large majority of investment professionals and 65% of everyday investors said they trusted crypto as an asset class.

Reactions to the Survey

“In the last few years, cryptocurrencies have moved from the outskirts of the financial ecosystem to find themselves front and center of mainstream investing, with many of the largest trading venues in the world now catering to both retail and institutional crypto needs. We’ve seen interest propel in the years since the pandemic, and crypto is now part of the wider conversation in global macro-economic matters. The survey shows something we have long advocated – talking about survival of digital assets is firmly over, the question is now about evolution,” Julian Sawyer, CEO of Bitstamp, commented.

Among the key findings, 67% of retail respondents believe crypto is a trustworthy investment, while just 11% believe it’s untrustworthy, showing little hesitation in investing. It also found that 68% of institutional investors actively recommend cryptocurrency in investment strategies, with 70% saying it is a trustworthy investment.

Since crypto is a relative infant compared to traditional asset classes, it is trusted less than property ownership and stocks and shares. However, based on the current level of trust, mainstream investments are likely to continue to adopt crypto.

A recent survey by crypto  exchange  Bitstamp noted that investors firmly believe that digital assets will overtake traditional investments within 10 years. According to the Bitstamp Crypto Pulse survey, 88% of institutional respondents and 75% of retail investors believe in that premise.

A wide survey of 28,563 respondents from 23 countries in North America, Latin America, Europe, Africa, The Middle East, and Asia-Pacific collected the data. Among them were 5,450 senior institutional investment strategy decision-makers and 23,113 retail investors.

In fact, mainstream adoption could gather enough pace to become the new normality within a decade. Roughly 80% of institutional surveyed investors have a bullish stance towards  cryptocurrencies  as an asset class. Furthermore, 54% of retail respondents expected crypto to overtake traditional currencies within a decade. In addition, a large majority of investment professionals and 65% of everyday investors said they trusted crypto as an asset class.

Reactions to the Survey

“In the last few years, cryptocurrencies have moved from the outskirts of the financial ecosystem to find themselves front and center of mainstream investing, with many of the largest trading venues in the world now catering to both retail and institutional crypto needs. We’ve seen interest propel in the years since the pandemic, and crypto is now part of the wider conversation in global macro-economic matters. The survey shows something we have long advocated – talking about survival of digital assets is firmly over, the question is now about evolution,” Julian Sawyer, CEO of Bitstamp, commented.

Among the key findings, 67% of retail respondents believe crypto is a trustworthy investment, while just 11% believe it’s untrustworthy, showing little hesitation in investing. It also found that 68% of institutional investors actively recommend cryptocurrency in investment strategies, with 70% saying it is a trustworthy investment.

Since crypto is a relative infant compared to traditional asset classes, it is trusted less than property ownership and stocks and shares. However, based on the current level of trust, mainstream investments are likely to continue to adopt crypto.

Source: https://www.financemagnates.com/cryptocurrency/news/cryptos-to-surpass-traditional-investments-in-10-years-survey-finds/