The survey results indicated that 45% of respondents with a retirement plan had invested in cryptocurrencies. Among these participants, 59% prefer making investment decisions independently, with only 5% seeking advice from investment managers. Additionally, the survey revealed that 70% of the respondents with investments in crypto make their financial decisions independently. The primary motivation behind cryptocurrency investing was identified as wealth appreciation, with 72% of the crypto-invested users expressing this sentiment.
This percentage was higher than the 63% of traditional investors focused on economic benefits, emphasizing the perception of cryptocurrencies as a speculative sector primarily utilized for monetary gains. The survey, conducted by Mudrex between June 2023 and January 2024, coincided with a period of increased crypto trading volumes. Mudrex CEO Edu Patel stated to crypto.news that his company had witnessed a significant surge in trading volumes, including a 192% increase from December to January, a subsequent 270% surge from January to February, and a threefold increase in March.