Almost 70% still see themselves as potential billionaires

Crypto investors: According to a recent study, getting rich in crypto is still the dream.

Barely out of the crisis, crypto still seems to have investors fantasizing about that Lamborghini or a luxury watch. Carried by figures of billionaires who started from nothing, like CZ or Elon Musk, the industry still attracts many individuals who want to believe that mega-wealth is in their stars.

Crypto Investors: Still Dreaming

A Harris Poll Thought Leadership Practice study was conducted last month. Almost 70% of investors surveyed from the cryptosphere believe that they can become billionaires thanks to the industry. Those examined were a sample of more than 1,900 individuals, of all generations.

Among the users who claimed that crypto could bring them billions were a majority from younger generations – millennials or Generation Z.

This study suggests that the younger generations will be more likely to turn to crypto in the face of a failing economic system.

Additionally, according to a survey by Capitalize, individuals from these two generations will be more likely to consider crypto investing to fund their retirement.

Get rich quick: Bad for the industry

The results of the Harris Poll Thought Leadership Practice survey can tell us two things about crypto. On the one hand, young people no longer trust today’s ordinary financial systems.

On the other hand, the idea of ​​getting rich thanks to digital currencies is still relevant. Big financiers like Robert Kyosaki, who advocates wealth through Bitcoin, continue to push such dreams.

There is a divide within the sector. Some want to eliminate speculation, even as investors continue to see crypto as a way to make money. This situation can lure users into Ponzi schemes or other scams that promise large monthly returns.

Thanks to his fake experimentation, FatMan had already proven the phenomenon this week.

Speculation can lead to a crisis situation within the sector, but also to a loss of investor confidence. Every crypto crash also gives the industry a bad name.

The upcoming Ethereum Merge can only amplify the phenomenon. With a community eager to see ETH increase in value, the project could attract new investors who are only interested in profit.

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