The cryptocurrencies they are already a reality in the world of finance. There are more and more varieties, but just a few days ago these markets suffered a setback due to the price collapse. Even so, the growth of its value is exponential.
For this, the School of Economics of the Interamerican Open Universitya (UAI) conducted a survey together with the Public Opinion Studies Program (PEOP) to inquire about the knowledge and customs of Argentines on this subject. 500 people over 16 years of age residing in the AMBA were contacted.
When asked how much do you know about cryptocurrencies, the answers varied between little (39.4%) and not at all (26.5%); and a lot (11.4%) and a lot (22.7%).
The percentages were strikingly similar when answering whether or not they know how to invest in cryptocurrencies: the 47.6% said yes42.9% said no and 9.5% were undecided.
Similarly, the vast majority said they never invested: 60.3%. 33.9% said yes and 5.8% did not know what to answer.
Of that majority that said they had not yet invested, they assured that they did not do so because “it is not a reliable market” (36.1%), ignorance (31.2%), they do not have money (15.8%) and they save too much. another way (11.6%).
On the other side of the street, the 33.9% who did invest in cryptocurrencies, assured that they invested less than US$100 (36.1%), between 100 and 500 dollars (31.2%) and more than US$500 (15 .8%).
On the topic of the security of investing in cryptos, the bulk said that it generates little (47.9%) and not at all (9.6%) of confidence, while 26.7% quite a bit and 15.8%, a lot. .
47.3% of those who responded said that an acquaintance taught them how to invest. 33.6% for tutorials, 8.9% took a course and the rest did not know what to answer.
In addition, eight out of ten stated that Bitcoin is the most well-known cryptocurrency with 79.8% of the responses. It was followed by Ethereum and others (7.4% each), Dogecoin (2.8%) and Binance (2.6%).
More results
– Seven out of ten respondents said they are interested in finances. 77% were interested in finances, while the rest were not.
– In what can already be called a classic of the Argentines, the vast majority assured that the most reliable method to invest and save is the purchase of dollars (49%), followed by time deposits (10%), cryptocurrencies (9%), funds (7.2%), savings in pesos (4.2%), bonds (3.2%), others ( 9.5%) and none (7.9%).
– 53.8% believe that it is unlikely that cryptos will dethrone the dollar as the savings method for Argentines.
– When asked how often the value of the dollar, cryptocurrencies, the stock market, etc., is reported, the majority (45.7%) said “every day”. It was followed by the answers: 1 or 2 times a week (24.8%), 3 or 4 times a week (14.4%) and “never” (15.1%).
– Regarding when it was that they heard the term “cryptocurrency” for the first time, 47.8% said that between 1 and 3 years ago. The most chosen answers that followed were: between 4 and 6 years (20.9%), a few months ago (13.9%), between 7 and 9 years (11.1%) and more than 10 years ago (6, 3%).
– The price of cryptos is reviewed only a few times a week by 50% of those surveyed and more than once a day by 28.8%.
– 57.6% find cryptos between little and not at all profitable, while the rest (42.5%) between very and quite a bit.
– 59.4% are little or not at all in agreement that crypto replaces cash. 40.6% agreed to strongly agree.
– 73.5% use virtual wallets such as Modo, Ank, Mercado Pago, etc.
– 46.6% know someone who has suffered losses during the strong crash of cryptocurrencies this year.
– 33.2% believe that Bitcoin will continue to fall, while 23.4% believe that it will rise even more than its all-time high. 11.1% think that it will disappear and 32.3% did not know what to say.
– 55.4% think it is okay that cryptos are not regulated. On the other hand, 44.5% very little agree that they are not.
