Survey: banks’ users share crypto investment goals and fears

Banking system users share their experience and expectations around crypto investments in a survey taken by among its one million users.

According to the Hackernoon report, roughly 26% of banking users are ready to invest $100 per month into cryptocurrencies. Only 14.6% show excitement for more than $1,000 monthly investment in digital assets.

On the other hand, 25% of the users are afraid to lose money in crypto while 13% still do not “know what coins to buy.” Per the survey, 33% said that they do not have extra savings to invest in cryptocurrencies.

Moreover, 53.1% added that they will try to earn passive income by staking their crypto assets, while 47% believe that HODLing for the long term could be a better idea. Of this tally, 33% voted for mining-related activities while 25% want to hop into day trading.

Iuliia Goncharova, growth product manager at, concludes that many of the users are excited to create a new stream of income despite the majority not being ready to invest more than $100 in virtual currencies.

“These users want to get a new source of income here and now, but they can’t invest much and are often not ready to dive deep into financial instruments.” 

Iuliia Goncharova, growth product manager at

Another survey in February revealed 80% of Americans believe that the traditional financial system does not operate properly. In addition, around 50 million people in the US still have their crypto assets despite the bear market that has lasted for more than a year.

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