Related: Yale’s Robert Shiller: Bitcoin an ‘Epidemic of Enthusiasm’
Still, some data points indicate investors are comfortable holding bitcoin over the long-term.
“According to a survey of 1,800 crypto investors around the world at the end of March 2018, a whopping 77.9% see the crypto market gaining more than 30% in value over the next three years,” reports Visual Capitalist. “Only 16% of respondents planned to sell within the next year, and 44% of respondents said they’d hold onto Bitcoin for four or more years.”
Exchange security is a major issue for investors because various media outlets have reported that over $1.2 billion in crypto has been stolen from exchanges around the world since the start of last year.
For more information on the cryptocurrency market, visit our Bitcoin category.