Published On: Mon, Apr 9th, 2018

Huobi’s Report on Cryptocurrencies Reveals that Investors Remain Optimistic

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Huobi Research recently surveyed 1,787 individuals from 23 different nations to gain a better understanding of the perspective of cryptocurrency investors in regards to the short-, mid- and long-term future of the industry.
According to the report, despite the recent drop in cryptocurrency prices, 77.9 percent of survey participants remain confident in the cryptocurrency industry for the next three years.
The Huobi Academy of Blockchain Application produced the survey and report which was distributed across the internet. They used a sentiment index to measure the different levels of optimism and pessimism with a range from 0 to 100, with 50 being the mean.

Source: Huobi Cryptocurrency Investor Sentiment Index Report-March
According to the report, the level of sentiment investors have toward the cryptocurrency industry lies at 71.7 percent. The short-term figure ranged approximately 61.1 percent, while medium and long-term sentiment ranged around 76.4 percent and 87.5 percent respectively. Furthermore, the study also revealed that 77.9 percent of survey participants believe that cryptocurrency prices will rise by more than 30 percent in the next three years.
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