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Wild west : the rise of crypto influencers is ringing alarm bells
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UK Cryptocurrency Ownership Could Double in 2021: Ziglu
July 15, 2021 @ 1:00 am By Tony Zerucha
One in nine adults in the United Kingdom could make their first cryptocurrency purchase over the next year, data from UK money app
Ziglu suggests. Should they all take the plunge that would mean 21 percent of UK adults would own some digital currency.
Of that 11 percent, three percent will definitely buy, with the remainder saying it is quite likely. When asked why they are likely to make their maiden buy, 29 percent said it was easier to test the market with a small purchase, while 27 percent expect values to increase. Not far behind are those who say it’s because crypto is becoming more mainstream (26 percent) and more secure (23 percent). Other reasons given were it is cheaper to buy and the encouragement of loved ones.