British Investors Could Have Made Millions from Investing in Bitcoin
A new survey has revealed that at least 25% of British Investors each could have made £1 million if they invested all their savings in Bitcoin in 2020. There were 2,000 respondents questioned about their opinions towards the crypto sector and the options for investments this year.
29% admitted being encouraged by the latest bull run. But 31% of respondents stay skeptical towards investing on Bitcoin, not because they don’t believe in it but because they are sure it’s too late to do it now. The respondents’ predictions for Bitcoin prices this year are rather bold. 31% believe it reaches £50,000, and 18% even expect it to reach £100,000.
Anyway, despite the fact that British investors switch to a friendlier attitude towards Bitcoin than before, half of them are not going to invest in it anytime soon. 55% have no plans on entering the crypto market at all, and 52% say they would rather invest in the traditional assets like gold and stocks.