Still bullish: 40% of survey respondents plan to buy crypto in 2023

Despite the gloom of the ongoing cryptocurrency winter, coupled with failures of crypto giants similar FTX, the assemblage appears to stay bullish astir crypto, according to a caller survey.

Crypto markets saw a monolithic sell-off successful 2022, with the full marketplace headdress plummeting astir 70% since Bitcoin (BTC) reached its all-time highs astatine $69,000 successful November 2021.

But this didn’t forestall investors from buying much cryptocurrency, arsenic 41% of respondents said they purchased crypto successful 2022 successful an online survey by Blockchain.com.

Released connected Dec. 22, the survey has polled much than 40,000 radical globally who visited Blockchain.com Explorer website, which is 1 of the world’s largest crypto websites successful presumption of traffic. The survey is titled “Crypto Confidence: A Survey connected Investor Sentiment” and was conducted betwixt Nov. 28 and Dec. 9, 2022.

According to survey results, a important stock of radical is besides consenting to proceed to bargain cryptocurrency adjacent year. Despite a challenging twelvemonth for the crypto industry, astir 40% of respondents indicated a program to acquisition cryptocurrencies similar Bitcoin successful 2023.

Additionally, astir 40% of respondents said they volition speech astir crypto astir the vacation array this season, which is considered to beryllium a motion of increasing awareness.

Source: Blockchain.com

Apart from wide capitalist sentiment, the survey besides provides immoderate geographic insights, with Brazil, Nigeria and Ghana becoming the astir bullish countries.

Related: Turkey has an obsession with crypto — Specifically Dogecoin: Study

As such, 50% of respondents from Brazil said they bought crypto successful 2022, with 50% besides readying to bargain integer coins adjacent year. 50% of Nigerians said they purchased crypto this year, portion arsenic galore arsenic 60% of Ghana respondents said they expect to bargain crypto successful 2023.

In contrast, Germany and Italy emerged arsenic 1 of the astir skeptical countries successful presumption of capitalist sentiment to crypto. Only 31% of Italian respondents said they purchased crypto this year, with 29% readying to acquisition adjacent year. Just 34% of respondents from Germany bought cryptocurrency successful 2022 and 30% program to bash truthful successful 2023.