40% of survey respondents plan to buy crypto in 2023

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Despite the ongoing cryptocurrency winter gloom, coupled with the failures of crypto giants like FTX, the community seems to remain optimistic about crypto, according to a new survey.

Crypto markets have seen a sell-off in 2022, with total market capitalization dropping almost 70% since Bitcoin (BTC) hit all-time highs of $69,000 in November 2021.

But that hasn’t stopped investors from buying more cryptocurrency, as 41% of respondents said they bought crypto in 2022 in an online survey from Blockchain.com.

Released on December 22, the survey polled more than 40,000 people worldwide who visited the Blockchain.com Explorer website, which is one of the largest crypto websites in the world by traffic. The study is titled Crypto Confidence: A Survey on Investor Sentiment and was conducted between November 28 and December 9, 2022.

According to the survey results, a significant portion of the population is also willing to continue buying cryptocurrency next year. Despite a tough year for the crypto industry, nearly 40% of respondents indicated a plan to buy cryptocurrencies like Bitcoin in 2023.

Additionally, around 40% of respondents said they would be talking about crypto around the holiday table this season, which is seen as a sign of growing awareness.

Source: Blockchain.com

Along with general investor sentiment, the survey also provides geographic insights, with Brazil, Nigeria and Ghana emerging as the most optimistic countries.

Related: Turkey Is Obsessed With Crypto, Especially Dogecoin: Study

Thus, 50% of Brazilians surveyed said they bought crypto in 2022, and 50% also plan to buy digital coins next year. 50% of Nigerians said they have bought crypto this year, while up to 60% of Ghanaian respondents said they plan to buy crypto in 2023.

In contrast, Germany and Italy emerged as one of the most skeptical countries in terms of investor sentiment towards crypto. Only 31% of Italian respondents said they had bought crypto this year, and 29% plan to buy next year. Only 34% of German respondents have purchased cryptocurrency in 2022 and 30% plan to do so in 2023.

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