Reasons not to invest in cryptocurrency according to users of Huobi 2022

Published by
Raynor de Best,
Feb 11, 2022
Whilst respondents to a survey held on trading platform Huobi listed several reasons that would lead them not to invest in crypto, one reason stood out. Potential investors were more concerned about knowing how the sector worked rather than the cryptocurrency market being too risky on regulated. Note that the source does not clarify the country of origin of the survey respondents. Most visitors to the Seychelles-based cryptocurrency trading platform in 2022 came from Russia and Ukraine, despite that the exchange was originally founded in China.

Leading concerns regarding potentially investing in cryptocurrencies among users of crypto exchange Huobi in January 2022

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Release date

February 2022

Region

Worldwide

Survey time period

January 2022

Number of respondents

3,144 (53% women, 47% men)

Age group

18 years and older

Special properties

The source does not provide additional details on the survey respondents, such as the country of origin. It is therefore assumed the respondents concern users of the Huobi platform

Supplementary notes

The source does not provide information regarding the type of survey conducted.

The source does not provide information regarding multiple answering options.

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