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Bitcoin IRA Survey Finds That One in Three Americans Think Bitcoin Will Reach $100,000 by End of 2022

admin by admin
December 17, 2021
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Bitcoin IRA Survey Finds That One in Three Americans Think Bitcoin Will Reach $100,000 by End of 2022
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LOS ANGELES, Dec. 16, 2021 /PRNewswire/ — Bitcoin IRA, the world’s first, largest, and most safe digital asset IRA expertise platform that permits purchasers to buy cryptocurrencies and different digital belongings for his or her retirement accounts, at this time launched outcomes of their current survey asking people for his or her market sentiment, motivations, and investing selections on crypto heading into 2022.

Key takeaways from the survey:

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  • Bitcoin’s value projection: Roughly one in three responders consider Bitcoin’s value shall be above $100,000 on the finish of 2022, and over 14% consider it is going to be above $150,000. Bitcoin’s value doubled in 2021 and investor sentiment stays excessive probably as a consequence of giant institutional investments in bitcoin this previous 12 months and nations all over the world, like El Salvador, adopting the cryptocurrency as a part of their reserve foreign money.
  • Causes to speculate: 49% of survey takers mentioned they’re speculating crypto costs will rise as a motivating issue so as to add digital belongings to their IRA. Moreover, 25% of respondents indicated that inflationary stress is driving them to spend money on cryptocurrencies as a hedge towards rising costs.
  • Quantity invested: 27% of respondents mentioned they’re planning to speculate over $100,000 in cryptocurrencies with their IRA.
  • Most Requested Altcoins: Ethereum-rival, Solana was the #1 most requested different coin, “altcoin,” for investing (excluding Bitcoin and Ethereum) with 54% of respondents choosing it. Different high requested cryptocurrencies included Polygon (MATIC), Polkadot (DOT), and Shiba Inu (SHIB).
  • Timeline: Roughly 25% of respondents mentioned they anticipate to spend money on cryptocurrencies within the subsequent 12 months, adopted by 22% of respondents saying they plan on investing in cryptocurrencies within the subsequent 30 days.

“Between inflation, a crypto increase, and main developments within the digital asset world, these are all elements which can be forcing individuals to contemplate cryptocurrencies as we head into the brand new 12 months. With key nations, establishments, and organizations the world over adopting digital belongings in some type, Individuals need to participate in a significant shift taking place in our financial system,” mentioned Chris Kline, co-founder and COO of Bitcoin IRA. “Crypto’s resilience and relevancy in 2022 shall be pushed by the runaway spending in Washington and an unstable greenback, as these cash supply an instrument of change to conventional fiat currencies run amok.”

Methodology

The 2022 shopper survey was despatched in December 2021, to a randomized group of people comprised of the corporate’s purchasers, account holders, and buyer prospects since 2016. People didn’t obtain compensation or likewise for his or her participation within the survey.

About Bitcoin IRA 

Bitcoin IRA, obtainable at bitcoinira.com, is the world’s first, largest, and most safe digital asset IRA expertise platform that permits customers to buy cryptocurrencies and bodily gold for his or her self-directed retirement accounts.

They supply a safe self-trading platform for self-directed retirement accounts. Customers can arrange a certified digital asset IRA, switch funds from an present IRA custodian, execute self-trades in real-time 24/7 via a US-based trade, and retailer funds in an industry-leading, multi-signature digital pockets from BitGo. Customers may earn as much as 6%* curiosity on their money and crypto belongings with IRA Earn.

Bitcoin IRA has processed $2 billion in transactions and has over 100,000+ customers with greater than 3,000 5-star person evaluations. The platform has been featured extensively within the media, with protection in Forbes, CNBC, CoinDesk, and The Wall Avenue Journal, amongst different main publications.

Bitcoin IRA is a monetary providers expertise supplier, and as such, just isn’t a monetary adviser, cryptocurrency trade, custodian, pockets supplier, preliminary coin providing (ICO), or cash transmitter. Bitcoin IRA is privately funded and primarily based in Los Angeles.

Be taught extra about Bitcoin IRA at bitcoinira.com or name 866-333-4307.

MEDIA CONTACT: [email protected]

*Rates of interest might differ. See particulars at bitcoinira.com/earn.

SOURCE Bitcoin IRA



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