Despite the gloom of the future of cryptocurrency, coupled with the failure of crypto giants like FTX, the community seems to remain bullish on crypto, according to a new survey.
The Crypto market experienced a massive selloff in 2022, with the total market cap down nearly 70% since Bitcoin (BTC) reach an all time high in November 2021 is 69,000 US Dollars.
But this did not stop investors from buying more cryptocurrency, as 41% of respondents said they would buy crypto in 2022 in an online survey by Blockchain.com.
Released on December 22, the survey polled more than 40,000 people worldwide who visited the Blockchain.com Explorer website, which is one of the world’s largest crypto websites in terms of traffic. The study is titled “Crypto Confidence: A Survey on Investor Sentiment” and was conducted between November 28 and December 9, 2022.
According to the results of the survey, a significant part of people are also willing to continue buying cryptocurrency next year. Despite the challenging year for the crypto industry, almost 40% of respondents indicated that they plan to buy cryptocurrencies like Bitcoin in 2023.
In addition, about 40% of respondents said they will talk about crypto at the holiday table this season, which is considered a sign of growing awareness.
In addition to general investor sentiment, the survey also offers some geographic insights, with Brazil, Nigeria and Ghana being the most bullish countries.
related: Turkey has an obsession with crypto – Dogecoin in particular: Learn
Thus, 50% of respondents from Brazil said they would buy crypto in 2022, with 50% also planning to buy digital coins next year. 50% of Nigerians say they will buy crypto this year, while 60% of Ghanaian respondents say they will buy crypto in 2023.
In contrast, Germany and Italy emerged as one of the most skeptical countries regarding investor sentiment towards crypto. Only 31% of Italian respondents said they would buy crypto this year, with 29% planning to buy next year. Only 34% of respondents from Germany buy cryptocurrency in 2022 and 30% plan to do so in 2023.
