Nearly half of American adults say their crypto punts are worse than expected: survey

It's a shame because the majority of crypto investors surveyed said they got into crypto because they thought it was a good way to earn money.

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In the midst of the ongoing crypto winter, new data from a Pew Research Center survey has shown that 46% of adult crypto users in the US are seeing lower than expected returns on their crypto investments.< /p>

The survey gathered responses from more than 6,000 randomly selected adults across the United States, with panelists participating in self-administered online surveys.

Conducted from July 5-22 this year, the majority of respondents who said they had invested in crypto said they saw returns below expectations, while only 15% of respondents said their investments in crypto cryptography had done better than expected. . Meanwhile, around 31% said it was "about what they expected".

Source: Pew Research Center

It's a shame, given that the vast majority of cryptocurrency users surveyed said they got interested in cryptocurrency because they were looking for "another way to invest" and thought it was a "good way to make money".

Women made up more than half of the respondents, and people over the age of 50 made up the largest sample size. Overall, only 16% of total respondents said they had invested, traded or used cryptocurrency at some point in their life.

US investors crowded into crypto at its peak

The high proportion of disappointed crypto investors could be attributed to a surge in crypto adopters in the country in 2021, when the market was at an all-time high.

Cointelegraph previously reported that approximately