Survey on Americans show that 4% of profits makers from crypto quit jobs

A recent survey on American crypto investors showed that nearly 4% of these Americans had quit their jobs. This means that some of these investors earned such a humongous amount of cash that they no longer need to work on their jobs. This research was conducted by a well-known research company, Civic Science. 

Interestingly, this research found that the number of people who actually left their jobs after investing in cryptocurrencies was actually low-paid workers with annual salaries less than $50,000. Also, another poll conducted by Civic Science shed further light on the matter. 

According to deeper analysis, Civic Science reported that over 7% of the Americans who participated in the poll actually knew someone who quit their job because they got rich from cryptocurrencies. 

Lower-paid Americans making huge profits

Further studies from Civic Science conducted on Americans proved that over 64% of the people investing in crypto and leaving their jobs are those who earn less than $50,000 annually. In contrast, only 8% of the people who earn over $150,000 annually have quit their jobs. These polls have definitely shed some light on the cryptocurrency adoption scenario in the US. 

Sharing the results of the study conducted on Americans by Civic Science, Mark Cuban, the popular investor from Shark Tank and a long-time Bitcoin, Ethereum, and Polygon supporter, said that these numbers will continue to grow in the future. He accredited this surge to the widespread growth, adoption, and popularity of cryptocurrencies in the US and on a global scale as well. 

“Wow 4% of people in the USA have quit their jobs because of Crypto gains, and the vast majority made under 50k. Now we know why so many people quit low paying jobs. And this was BEFORE the current runup,” Cuban said in a tweet.

Another fact revealed by the study involves the Americans investing in a stock. The people who invest in stock either regularly or occasionally are also likely to invest in digital currencies. 

Previously covered by TheCoinRise, LinkedIn found that New York and San Francisco have the biggest crypto-related hires in the nation.