“When asked what impact the bear market has had on their mindset, two-thirds (67%) are either positive or ambivalent, while the remainder (33%) say their investing appetite has been dented to some extent,” a press release from eToro said based on the Retail Investor Beat report.
“Three in four (76%) 18-34-year-olds feel positive or indifferent about the downturn, whilst this drops to 60% amongst over-55s. Across all age groups, the younger the investor, the more upbeat they are about the 2022 bear market – challenging the perception that younger investors are more short-term driven, the release said.
While it may appear odd for two-thirds of retail investors to feel either positive or indifferent to the downturn, a majority of these investors have a long-term view. Given this, the bear market has helped them expand their crypto investment portfolio, says Ben Laidler, Global Markets Strategist at eToro.
