A Survey Shows 40% of Chinese Ready to Invest in Cryptos

A Survey Shows 40% of Chinese Ready to Invest in Cryptos

It could sound stratospheric, but 40% of 4,200 people asked in a Chinese survey said they are willing to invest in cryptocurrencies in the future, according to a Chinese Crypto news outlet 8btc.

In a recent survey, the “Chinese Count 2018” found that almost everybody in China has heard about cryptocurrencies such as Bitcoin. No Kidding, over 98 per cent of 4,200 respondents said they know or have heard about Bitcoin and other altcoins.

40% of people who answered the survey said they are willing to invest in cryptocurrencies in the future. Only 75 out of the 4,200 persons have never heard any concept of cryptocurrency or blockchain.

14.24% of respondents have invested in cryptocurrencies, while 82.81% recognised cryptocurrencies as a new investment opportunity.

However, 63% of people believe that crypto is not a must as a mean of payment. Only 22.2% of surveyed investors were aware of the concept of blockchain powered tokens.

Finally, most people entered into the crypto market after 2017.

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