Voices of expectation for “price rise” and “future potential” in 2024 ──Crypto asset market investment status survey: BitBank | CoinDesk JAPAN (CoinDesk Japan)

BitBank, which operates a crypto-asset (virtual currency) exchange, conducted an online survey from November 27th to 28th targeting 1,433 general internet users regarding the current state of crypto-asset investment and the market. We have picked out some interesting items from the aggregate results announced on December 21st.

Approximately 50% of respondents said they were managing assets.

When asked, “Do you manage assets?”, 51.6% answered “I manage assets,” and 48.4% answered “I do not manage assets.”

Image: bitbank

“NISA/iDeCo,” “Stock Investment,” and “Investment Trust” are the top rankings.

Regarding investment targets, 20.2% answered “NISA/iDeCo”. This was followed by “stock investment” and “investment trusts.” “Crypto assets” accounted for 6.6%.

Image: bitbank

Half of the investment ratio in crypto assets is “less than 5%”

Of those who answered “crypto assets,” when asked, “What percentage of your total assets are invested in crypto assets?”, 51.8% answered “less than 5%.”

Image: bitbank

Expectations for “price rise” and “future potential” of crypto assets

Among those who answered “I manage assets,” when asked “What do you expect from crypto assets in 2024?”, the most common answer, over 20%, was “price rise.” This was followed by “the future of crypto assets” and “tax reform for crypto assets.”

Image: bitbank

Expecting a rise in April with Bitcoin halving in mind

“When do you predict Bitcoin (BTC) will reach its highest price from January 1st to December 31st, 2024?” April, which coincides with the halving (BTC), had the highest number.

Image: bitbank

Expected highest Bitcoin price is “4 million yen to less than 5 million yen” 27.0%, a wait-and-see mood

When asked, “What is the expected maximum price of Bitcoin (1BTC) from January 1st to December 31st, 2024?”, the most popular response was “4 million yen to less than 5 million yen,” followed by “5 million yen to 600 million yen.” This was followed by “less than 10,000 yen” and “less than 6 million yen to 7 million yen.”

Image: bitbank

■ Questionnaire survey overview
Survey period: November 27, 2023 – November 28, 2023
Survey target: Internet users
Number of responses: 1433 people (Number of valid responses: 1430 people)
Survey method: Web questionnaire survey
Distribution method: WEB survey tool (Fastask)

｜Editing and composition: CoinDesk JAPAN Editorial Department
｜Top image: Shutterstock