US retail investors had a relatively strong opinion on whether the stock market was more profitable than investments in cryptocurrencies. Nearly 32 percent of the respondents to a survey listed crypto as potentially having the most risk, against almost 38 percent preferring the stock market over virtual currencies in terms of profitability. One potential reason why this could be found at the US opinion on risk: slightly more respondents felt that the stock market was a more risky to invest in. This is quite different from answers given to these same questions but by consumers from the United Kingdom.
Opinion from consumers in the United States on whether investing in cryptocurrencies is more risky and/or more profitable than investing on the stock market as of 2023
No information was provided on the exact survey method. The source does also not provide information regarding multiple answering options.
These questions were phrased by the source as follows:
"In your opinion, what is riskier - investing in the stock market or cryptocurrencies?";
"In your opinion, what is more profitable - investing in the stock market or cryptocurrencies?".
* "Equally risky" was not an available option for the second question concerning profitability.
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Measure Protocol. (May 2, 2023). Opinion from consumers in the United States on whether investing in cryptocurrencies is more risky and/or more profitable than investing on the stock market as of 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1238665/crypto-vs-stock-market-opinion-usa/
Measure Protocol. "Opinion from consumers in the United States on whether investing in cryptocurrencies is more risky and/or more profitable than investing on the stock market as of 2023." Chart. May 2, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1238665/crypto-vs-stock-market-opinion-usa/
Measure Protocol. (2023). Opinion from consumers in the United States on whether investing in cryptocurrencies is more risky and/or more profitable than investing on the stock market as of 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1238665/crypto-vs-stock-market-opinion-usa/
Measure Protocol. "Opinion from Consumers in The United States on Whether Investing in Cryptocurrencies Is More Risky And/or More Profitable than Investing on The Stock Market as of 2023." Statista, Statista Inc., 2 May 2023, https://www.statista.com/statistics/1238665/crypto-vs-stock-market-opinion-usa/
Measure Protocol, Opinion from consumers in the United States on whether investing in cryptocurrencies is more risky and/or more profitable than investing on the stock market as of 2023 Statista, https://www.statista.com/statistics/1238665/crypto-vs-stock-market-opinion-usa/ (last visited November 21, 2024)
Opinion from consumers in the United States on whether investing in cryptocurrencies is more risky and/or more profitable than investing on the stock market as of 2023 [Graph], Measure Protocol, May 2, 2023. [Online]. Available: https://www.statista.com/statistics/1238665/crypto-vs-stock-market-opinion-usa/