Survey shows 55% of crypto investors chose to HODL as Bitcoin and altcoin prices collapsed
— Produce outsized returns, Cost, Positive news, Tool, Half, Author, Prices, Considered historically low, Prompting investors, Living — 1 min read
A recent survey conducted by Appinio found that 55% of crypto investors held their investments in response to the recent crypto-asset market sell-off with just 8% selling their investments. The study also found that 33% of American investors are invested in crypto-assets, an “40% of investors believe Bitcoin presents the best investment opportunity over the next three months” Bitcoin MVRV Z-score has been a reliable tool to help identify when BTC is “extremely over or undervalued relative to its fair value” The time spent in bear market conditions varies and can go on for an extended period, so it would be wise for investors to not solely base their investment thesis on any particular metric or indicator in isolation. Source