Crypto Investor Sentiment Survey: Why Do We Invest? Allocation and Profit Use by Goal | Clabo Inc.

The State of Crypto Investment: Insights into Goals and Management

Clabo Inc. (Headquarters: Minato-ku, Tokyo; CEO: Ikuma Ueno) has conducted a survey on the ownership and purchase motivations for hardware wallets among 1,221 cryptocurrency investors.

### Ownership and Motivation

The survey found that 55.9% of all investors own a hardware wallet. The primary driver for purchase, cited by 38.1%, was a sense of unease regarding security. Analysis revealed a psychological threshold at 500,000 yen in holdings, where ownership jumps to 74.5%. A significant generational gap was also highlighted, with ownership at 78.5% among those in their 20s or younger, compared to only 35.0% among those in their 50s.

### Evolution of Investment Goals

When asked about investment purposes, 48.9% of respondents cited "future asset formation," becoming the majority. Unlike the speculative image of the past, cryptocurrency is now seen as a mainstream medium for long-term asset management. This is followed by "short-term profit gain" at 20.6% and "realizing life-changing dreams" at 18.6%. The current crypto market has transformed into a space for "asset building" based on individual life plans.

### Investment Styles by Purpose

Investment strategies differ significantly by goal. The "asset building" group tends to invest between 1 million and 3 million yen, reflecting a steady, long-term approach. In contrast, those aiming to "realize dreams" show a paradoxical trend, with 44.0% investing less than 10,000 yen, suggesting a "lottery ticket" approach where investors limit risk while chasing explosive, moonshot returns.

This report aims to bridge knowledge gaps for less-experienced investors and provide criteria for determining when to implement hardware wallets. By structurally capturing the market's diversity, the study serves as a foundation for individual investors to make objective, well-informed decisions.