While some people believe in the long-term potential of cryptocurrency, others are hesitant to put money in because of different concerns. A recent study conducted by Coupon Follow found out that the majority of people who haven't invested in cryptocurrency cite worries such as value volatility and restricted applications, environmental impact as well as regulatory concerns.
The survey, which included respondents aged 18 and above, was answered by 1,172 people among Gen Z, Millennials, Gen Xers and Baby Boomers. Each group was represented by samples ranging from 172 to 333 individuals. According to the report, all respondents were "no coiners," or individuals who have not yet invested in crypto.