Bitcoin IRA survey finds one in three Americans believe Bitcoin will hit $ 100,000 by the end of 2022

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Bitcoin IRA’s Latest Consumer Confidence Survey Explores What Motivates Americans to Invest in Cryptocurrencies in 2022

LOS ANGELES, Dec. 16, 2021 / PRNewswire / – Bitcoin IRA, the world’s first, largest and most secure digital asset IRA technology platform that allows customers to purchase cryptocurrencies and other digital assets for their retirement accounts, today released the results of their recent survey asking individuals about their market sentiment, motivations and investment choices in crypto by 2022.

(PRNewsfoto / Bitcoin IRA)

Main takeaways from the survey:

Projected Bitcoin Price: About one in three respondents believe the price of Bitcoin will be over $ 100,000 by the end of 2022, and over 14% believe it will be over $ 150,000. The price of bitcoin doubled in 2021 and investor sentiment remains high, likely due to large institutional investments in bitcoin last year and countries around the world, such as El Salvador, which have embraced cryptocurrency in the part of their reserve currency.

Reasons to Invest: 49% of those polled said they believe crypto prices will rise as a motivator to add digital assets to their IRA. Additionally, 25% of those surveyed indicated that inflationary pressure is pushing them to invest in cryptocurrencies to protect against rising prices.

Amount Invested: 27% of those surveyed said they plan to invest more than $ 100,000 in cryptocurrencies with their IRA.

Most Popular Altcoins: Ethereum’s rival, Solana was the # 1 most requested alternative coin, ‘altcoin’, for investing (excluding Bitcoin and Ethereum) with 54% of respondents selecting it. Other popular cryptocurrencies include Polygon (MATIC), Polkadot (DOT), and Shiba Inu (SHIB).

Timeline: Around 25% of respondents said they plan to invest in cryptocurrencies in the next 12 months, followed by 22% of respondents saying they plan to invest in cryptocurrencies in the next 12 months. over the next 30 days.

Between inflation, a crypto boom, and major advancements in the world of digital assets, these are all factors that are forcing people to consider cryptocurrencies as the New Year dawns. With countries, from key institutions and organizations around the world that are embracing digital assets in one form or another, Americans want to be part of a major shift in our economy, ”said Chris Kline, co-founder and COO of Bitcoin IRA. Crypto’s resilience and relevance in 2022 will be driven by out-of-control spending in Washington and an unstable dollar, as these coins offer an instrument of change to traditional fiat currencies going crazy. “

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Methodology

The 2022 consumer survey was sent in December 2021 to a randomized group of individuals consisting of the company’s customers, account holders and prospects since 2016. The individuals received no compensation nor the same for their participation in the survey.

About Bitcoin IRA

Bitcoin IRA, available at bitcoinira.com, is the world’s first, largest, and most secure digital asset IRA technology platform that allows users to purchase cryptocurrencies and physical gold for their assets. self-administered retirement accounts.

They provide a secure self-trading platform for self-directed retirement accounts. Users can set up a qualified digital asset IRA, transfer funds from an existing IRA custodian, execute 24/7 real-time transactions through a US-based exchange, and store funds in a cutting-edge multi-signature digital wallet. of BitGo. Users can also earn up to 6% * interest on their cash and crypto assets with IRA Earn.

Bitcoin IRA has processed $ 2 billion in transactions and has over 100,000 users with over 3,000 5-star user reviews. The platform has been featured extensively in the media, with coverage in Forbes, CNBC, CoinDesk, and The Wall Street Journal, among other prominent publications.

Bitcoin IRA is a provider of financial services technology and, as such, is not a financial advisor, cryptocurrency exchange, custodian, wallet provider, initial coin offering (ICO), or money transmitter. Bitcoin IRA is privately funded and based in Los Angeles.

Learn more about Bitcoin IRA at bitcoinira.com or call 866-333-4307.

MEDIA CONTACT: [email protected]

* Interest rates may vary. See details at bitcoinira.com/earn.

Cision

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SOURCE Bitcoin IRA

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