The survey ultimately collected 1,570 questionnaires, providing the industry with valuable first-hand information on the Web3 individual investor group.
Author: ChainCatcher
Summary of important data:
- 81.3% of individual investors use RootData for investment analysis, making it the most popular data tool
- 88.4% of individual investors rely on X (formerly Twitter) to obtain industry information
- 72.3% of individual investors are most concerned about token distribution and financing history
- 23.2% of individual investors believe that the BTC ecosystem is the most undervalued track at present
- 54.2% of individual investors believe that we are currently in the middle of a bull market
- 41.9% of individual investors plan to increase investments in the next three months
Analysis of the Current Situation of Cryptocurrency Individual Investors
As the BTC price remains in a high volatility phase, there is currently a significant divergence between bulls and bears in the market. During this critical period, understanding the investment behavior and market judgments of individual investors is particularly important. As an important participant group in the Web3 market, the decision-making tendencies of individual investors often reflect the overall market sentiment and future direction. To this end, ChainCatcher conducted a comprehensive survey of cryptocurrency individual investors, collecting 1,570 completed questionnaires, providing important references for understanding current market investment behavior.
The survey shows that 32.3% of individual investors have over 5 years of experience, 32.9% have 1-3 years of experience, 20.6% have 3-5 years of experience, and 14.2% have less than 1 year of experience.
2. Age Distribution
Investors aged 26-35 account for the highest proportion at 46.5%, followed by those aged 36-45 (35.5%) and 18-25 (12.9%), while those over 45 account for 5.2%.
3. Investment Scale Distribution
37.4% of individual investors have an investment scale between $10,000 and $50,000, 35.5% are below $10,000, 15.5% exceed $100,000, and 11.6% are between $50,000 and $100,000.
4. Investment Strategies
58.1% of individual investors choose a long-term holding strategy, 25.2% prefer swing trading, 9.7% engage in day trading, and 7.1% use a dollar-cost averaging strategy.
5. Holding Period
52.9% of individual investors have an average holding period of over 3 months, 18.7% between 1 week and 1 month, 18.1% between 1-3 months, and 10.3% within 1 week.
6. Trading Preferences
ETH and BTC are still the most favored trading targets among individual investors, with 58.7% and 50.3% of individual investors trading frequently. SOL (46.5%), Meme-type (39.4%), and Layer1/Layer2 public chains (38.1%) also received high attention.
7. Information Acquisition Channels
Platform X has an 88.4% usage rate, making it the primary source of information, followed by Telegram (55.5%), Web3 media (54.8%), and Discord (43.9%).
8. Time Investment in Research
41.9% of individual investors spend 1-3 hours daily researching projects, 20% spend 3-5 hours, 19.4% within 1 hour, and 18.7% over 5 hours.
9. Investment Decision Factors
Token allocation and financing history both account for 72.3%, topping the list of factors that individual investors pay the most attention to, followed by team background (69.7%), social heat (63.2%), and market sentiment (55.5%). On-chain data and unlocking plans each account for 51.6%, and technical architecture for 33.5%.
10. Data Analysis Tools
RootData, with an 81.3% usage rate, has become the most trusted data analysis platform for individual investors. CoinMarketCap (54.8%) and CoinGecko (42.6%) rank second and third, respectively. DeFiLlama (35.5%) and DeBank (28.4%) also achieved high usage rates.
11. Purpose of Tool Usage
81.3% of individual investors use these tools to discover early quality projects, 61.9% to query project financing information, 58.1% to analyze project fundamental data, 52.3% to track overall market trends, and 51.6% to track token unlock situations.
12. Key Data Analysis Functions
The project basic information database (55.5%) is considered the most important data analysis function by individual investors, followed by investment and financing data tracking (47.7%), project analysis reports (38.1%), and token unlock calendars (31.6%). On-chain data analysis and social heat monitoring each account for 29%.
13. Profit Situation Analysis
BTC, SUI, SOL, PEPE, and DOGE are the tokens that individual investors mentioned as having made the most profits this year.
14. Loss Situation Analysis
ETH, SATS, BNB, and others are the tokens that individual investors mentioned as having incurred significant losses, especially some Meme coins that have caused substantial losses.
15. Trading Platform Preferences
Binance and OKX are the trading platforms where individual investors profit the most, followed by Bitget and Dexscreener. Large centralized exchanges remain the primary trading venues for individual investors. Furthermore, due to the popularity of the Meme sector this year, Dexscreener has become the main venue for individual investors to speculate on Meme coins.
16. Factors Affecting Investment Returns
72.3% of individual investors believe that the overall market environment is the primary factor affecting returns, followed by timing of buying and selling (50.3%), holding management level (49%), risk control awareness (42.6%), and project selection ability (41.9%).
17. Undervalued Sector Assessment
The BTC ecosystem is considered the most undervalued sector at 23.2%, followed by RWA (18.7%), Layer1/Layer2 (15.5%), and DeFi (11%).
18. Market Stage Judgment
54.2% of individual investors believe the market is in the mid-stage of a bull market, 32.3% believe it is in the early stage of a bull market, and 13.5% believe it is in the late stage of a bull market. This judgment reflects a positive attitude among most individual investors towards the current market.
19. Future Investment Plans
41.9% of individual investors plan to increase their investments in the next three months, 38.7% choose to maintain the status quo, while only 19.3% plan to reduce investments or wait and see. This data indicates that most individual investors remain optimistic about market prospects.
Summary
This survey comprehensively reflects the investment behavior characteristics and market perceptions of current Web3 individual investors. The data show that the individual investor group is becoming more mature and rational, as evidenced by longer holding periods, greater emphasis on fundamental analysis, and increased use of professional data tools. Notably, the importance of professional data analysis tools in individual investment decisions has significantly increased, enhancing investment efficiency and pushing the market towards a more mature and rational direction.
Considering the current market conditions, most individual investors maintain a positive outlook on market prospects, with over 80% planning to keep or increase investments, which may indicate that the market will remain active for some time.
