The FCA’s Findings On Cryptocurrency Will Shock You

Disclaimer: The following text is a press release not written by Cryptonews.com.

Every year, the Financial Conduct Authority, also known as the somewhat ominous FCA, conducts a lengthy study into the relationship between cryptocurrency and its consumers… the 2021 publication has uncovered something that has rocked the cryptocurrency world…

The FCA published a host of interesting facts and tidbits on consumer behavior related to crypto, blockchain and the like in the title “Research Note: Crypto Asset Consumer Research 2021”…which after a thorough search seemed to carry over to all blockchains. based technologies. From cryptocurrency to NFTs.

Although you may be shocked why Bitcoin ($BTC), Ethereum ($ETH), Shiba Inu ($SHIB), Dogecoin ($DOGE), Terra ($LUNA) and HUH Token ($HUH) (to name just one couple), are quickly becoming the crown jewel in a plethora of investment portfolios. Also, it is being embraced by crypto consumers who simply want to be part of the 13-year love affair with blockchain technology.

Let’s take a look at some of the findings from the FCA’s research paper to really understand why the crypto craze persists and how it’s becoming more widespread from traditional banking giants like JPMorgan, or why tech giants are opening virtual stores in Decentraland just like Samsung.

This is the Formula 1 pit stop for all things crypto consumption…

Sources: pintrest.com, medium.com and crypto.io

A love affair through the ages

Interestingly, from 2019-2021, the recent release of the FCA’s annual study, crypto becomes the preferred investment choice as it seems crypto enthusiasts are enjoying the thrill and unpredictable predictability of the cryptocurrency market.

In fact, the FCA discovered that this was the main reason for crypto investing and may also have been the reason for the general and wider spread of crypto awareness.

The chart below shows the significant increase in those who had heard of cryptocurrency over a three-year period, and amazingly, this number continues to rise as investors see crypto as a long-term investment for sustained unexpected gains, no matter how regular they are investors are certain that the market will always bounce back after a slump. Just like the sun rises every morning.

The stunning findings didn’t stop there, although the news from investors who decided to buy crypto was mostly based on the volatile cryptocurrency market was not a big enough moment to gasp, the research findings shocked and impressed continue all that have been read to you.

The FCA also noted that not all crypto holders are whale investors, in fact there have been a number of crypto investors under $200 according to the research report, meaning crypto is opening up outside of the A/B demographics and an abundance of Kryptos welcomes people from all walks of life.

Leverage influence and meme power with the likes of Dogecoin ($DOGE), Shiba Inu ($SHIB), and HUH Token ($HUH) where the value of the currency can be directly related to how many holders hold the crypto worth to grow… it’s no wonder more and more people are hyping crypto.

Unsurprisingly, 57% of crypto investors from the focus group said they had never sold their crypto, and that could be because more crypto enthusiasts are holding or using their currencies as crypto gains popularity as crypto is used by thousands Could skyrocket by people, if not more.

If you would like to get involved in the growing field of crypto, you can visit the links below or visit the research page yourself, which can be found on the FCA’s website.

Buy on the HUH website – https://swap.huh.social/

Buy on PancakeSwap: https://pancakswap.finance/

Buy on Uniswap: https://app.uniswap.org///swap

Website: https://huh.social/

Telegram: https://t.me/HUHTOKEN

Twitter: http://twitter.com/huhtoken

source https://www.bisayanews.com/2022/01/31/the-fcas-findings-on-cryptocurrency-will-shock-you/