Xangle surveyed 379 accredited investors and found out that 67% of them present some knowledge regarding DeFi and, overall, respondents declared they’ve developed a significant interest in the crypto industry over the previous year. 72.2% of respondents said they were “very likely to invest” in DeFi in the following year.
Overall, only 17.5% of those surveyed claimed they’d be “somewhat likely to invest.”
The survey has also shown that respondents are now more likely to invest compared to the period before the pandemic had started. In total, 70% of those surveyed declared that they had invested in Bitcoin.
Xangle commented: “Surveyed investors see bitcoin as a store of value that will yield high returns, either through short-term investments or by buying and holding.”
Regulation for consumer protection in the crypto industry, including DeFi, continues to be a well-known problem, as 78% of those surveyed believe “regulators need to protect investors more.”
According to Xangle: “Survey respondents believed that the things holding investors back from crypto are a lack of regulator protection, scams, and a lack of awareness and education around the industry.”
Bitcoin Is the Top Choice
The survey found out that people are interested in investing in DeFi, and that Bitcoin continues to be the top choice “for future returns.”
Xangle commented that if accredited investors had $100,000 to invest but had to leave it for four years, “31.7% would choose Bitcoin while 29% would go into blue-chip stocks as the better investment.”
A co-founder of Xangle, Lihan Lee, declared:
According to Xangle, the following guidelines were used to establish who can be considered an “accredited investor”: