Look Who it Was Random video

THIS BITCOIN STATISTIC IS SCARY

1,863 views · Published 3 August 2018 · 10:38 · Indexed 31 October 2026

Channel: Trading Fraternity · 2018 · Education

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This statistic is really crazy and means a lot for the future of Bitcoin. When Wells Fargo & Gallop surveyed investors and the results were surprising. Only 2% of Investors with $10,000 or more invested actually owned bitcoin. Most have heard about Bitcoin and crypto but they said they wouldn’t invest in it and that its too risky. Although some people think the number is 9% this can shed some light on the situation given a lot of crypto investors thought 9% owned bitcoin. Like I say in the video, a lot of interesting things were brought up through this survey and think it’s a good long term opportunity for bitcoin and crypto as a whole. A lot of the volume hasn’t even come into the cryptocurrency yet and this can mean a much higher price once bitcoin regains more stability and social proof. Further, it also highlights how people with more than $100,000 in investable assets own bitcoin than those with less. This highlights how it is a riskier asset and the people that can afford it are taking the risk. This also could highlight how people with more money/knowledge are taking advantage of bitcoin and the opportunity. Nonetheless, I’ll stop rambling and let you watch the video, let me know your thoughts! 

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