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How Long Do Investors Plan to Hold Onto Bitcoin?

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How Long Do Investor Plan to Hold Onto Bitcoin?

How Long Do Investors Plan to Hold Onto Bitcoin?

Did investors buy bitcoin because it was trendy, or are they committed to cryptocurrency for the long haul?

As in any new and rapidly-growing market, this kind of investor intent and the overall feeling of market sentiment matters a lot. That’s because there are no historical averages or ratios to apply as baselines for value, and if things head south there is always the possibility of a mass exodus.

Buy, Hodl, and Prosper?

Today’s infographic comes to us from Raconteur, and it helps map out the future price expectations of crypto investors, along with how long they plan to hold onto their digital assets.

But before we get to that, let’s look at why investors bought into the market in the first place:

Reasons for buying Bitcoin:Share
I believe Bitcoin is a world-changing technology41%
A long-term store of value like gold or silver22%
A friend, family member, or trusted source convinced me15%
The price is low and will go higher14%
For transactions or purchases and less of an investment8%

When did people get into the market?

More than 60% of investors got involved in cryptocurrency in 2017, and 56% of investors that hold crypto plan to buy more in the next 12 months.

Future Expectations

What do people expect crypto prices to do in the future, and how long are investors willing to hold?

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.

Meanwhile, another poll from November 2017 asked investors how long they will hold onto their assets:

How long will investors hold onto Bitcoin?Share
>10 years12%
7-10 years10%
4-6 years22%
1-3 years40%
<1 year16%

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.

Concerns About Exchanges

Exchanges are the lifeblood for buying or selling cryptocurrency – so what are the major concerns held by investors about them?

Concerns about crypto exchangesShare
Security40%
High trading fees37%
Lack of liquidity36%
Response time from support team33%
Lack of crypto pairs22%
User friendliness and poor platform interface21%
High withdrawal fees18%
None9%

Security continues to be a topical issue for traders, which is not surprising since it’s estimated that $1.2 billion of crypto has been stolen since 2017. Other issues like high trading fees and the lack of liquidity and lack of currency pairs also poll high.

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Nvidia is Worth More Than All of These Companies Combined

Gain a unique perspective on the market cap of Nvidia in this simple graphic.

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Putting the Market Cap of Nvidia Into Perspective

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Nvidia’s massive rise in the AI era has been well-documented, but did you know that it’s currently the world’s third most valuable company?

To put the massive market cap of Nvidia into perspective, we’ve put it side by side with a collection of other major U.S. tech companies.

All figures were sourced from Companiesmarketcap.com, and are as of May 23, 2024.


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Data and Takeaways

All of the numbers we used to create this graphic are included in the table below.

CompanyMarket Cap
(as of May 23, 2024)
Nvidia$2.5T
Meta$1.2T
Tesla$553B
Netflix$272B
AMD$257B
Intel$128B
IBM$157B

These figures are even more impressive when you consider that at the beginning of 2020, Nvidia was valued at a relatively tiny $145 billion.

Since then, the company has greatly surpassed other American chipmakers like Intel and AMD. This growth is due to several key factors:

  • Expansion into AI and data centers: Nvidia’s chips are highly effective for AI training, making them essential for companies engaged in machine learning and generative AI
  • Advancements in AI software: Nvidia has developed AI software platforms, such as CUDA-X and TensorRT, which are widely used by researchers.
  • Strong financial performance: Nvidia has consistently delivered strong financial results in recent years, with substantial revenue growth.

Closing in on Apple

With Nvidia’s latest stock surge (up 13.5% over the past five days ending May 24, 2024), the company could possibly overtake Apple to become the world’s second most valuable company.

Microsoft, another major player in AI, holds the #1 spot with a market cap of $3.2 trillion.

See More Visuals on Nvidia

If you enjoyed this graphic, be sure to check out this graphic that breaks down Nvidia’s revenue by product line, from 2019 to 2024.


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