Here’s Why Most People Who Buy Bitcoin Hold Onto It

Bitcoin has emerged as a new investment front. Although bitcoin adoption is a work in progress, it has numerous uses. Some investors hold bitcoin for profits, while others use cryptocurrencies for online transactions.

A new survey by Bakkt now provides us with a birds-eye view of the state of bitcoin adoption in the United States. Bakkt is a financial service company with a focus on cryptocurrencies. According to the survey, most people have invested in bitcoin and cryptocurrency for long-term benefits. In this article, we shall explore the survey findings in detail. Let’s delve right in.

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