There are a lot of “downsides” to investing in cryptocurrencies, such as the high volatility of the asset, the possibility of theft and hacking, or the sudden announcement of regulatory changes by any government one day, and a new survey shows that investing in cryptocurrencies can even affect relationships.
According to a survey commissioned by Tech Domains and conducted by SurveyMonkey, about 60% of cryptocurrency investors said that their views on cryptocurrency or their investment sites had a negative impact on their relationships. In addition, the survey found that the higher a person’s crypto investments are in relation to their net worth, the more likely they are to perceive a negative impact on their relationships.
According to the survey, about 25 percent of people who invested less than 10 percent of their net worth in cryptocurrencies said their relationships with others were affected; if they invested 10-25 percent of their net worth in cryptocurrencies, the proportion affected increased to 73 percent; if they invested 50-75 percent of their net worth, the impact rate increased to 94 percent; and if they invested more than 75 percent of their net worth, 100 percent of their relationships were negatively affected.
If someone holds crypto coins, but their partner does not believe in such assets, it will naturally pose pressure, especially since crypto coins often wash up and down dramatically in a day, said Haley, an analyst at Anda Asia Pacific.
Haley also said that money and greed can corrupt people, “If one person has millions of dollars on their books, but the other person loses all their assets, their view of each other will change.
Recent Comments