SALES, RENTALS & LAYAWAYS

PROTECTING EVERYTHING THAT HAS EVER BEEN OF VALUE TO YOU

Open 24/7/365

We Have A Life-Time Warranty /
Guarantee On All Products. (Includes Parts And Labor)

1 in 5 Crypto Holders Are Women, New Report Reveals (#GotBitcoin?)

While fresh data confirms that the crypto community continues to be male-dominated, the gender imbalance may be less extreme than previously thought. 1 in 5 Crypto Holders Are Women, New Report Reveals (#GotBitcoin?)

A report published by fintech firm Bitpanda and market research company GlobalWebIndex on July 31 examined a broad set of data points to glean insight into the profile of European crypto investors.



Related:

A List Of Top 10 African Women To Watch In Blockchain And Bitcoin

10 Women Who Used Crypto To Make A Difference In 2021

Less Than 5% Of Crypto Code Commits On Github Made By Women: Report

Miss Finland: Bitcoin’s Risk Keeps Most Women Away From Cryptocurrency

Happy International Women’s Day! Leaders Share Their Experiences In Crypto

Why Are So Few Women Participating In Bitcoin?

Scarlette Bourne Joins Our List of 2023’s Most Influential Women

Meet The Women Who Track Down And Kill Poachers

 

 

One In Five European Crypto Holders Are Women

The report notes that while prior research has suggested that as much as 90%+ of crypto investors are male, fresh analysis indicates that the gender distribution among European crypto holders is 78% male and 22% female.

Female crypto investors are 30% more likely to be in the top 10% of earners — 21% versus 16% of their male counterparts — and 3.3x more likely to be so than the “average woman.”

Both female and male crypto investors have different profiles from average European women and men. Female crypto investors are 1.6x more likely to work in finance than other women, as compared with male crypto investors being 2.6x more likely than other men to be in the industry. 2.3x more likely to work in marketing (as compared with 2.3x for men) and 1.9x more likely to work in banking (2.2x for men).

Beyond professions, when it comes to interests the report claims that female crypto holders are “more different from other women than male cryptocurrency holders are from other men” — showing greater divergences from other female internet users than do men in areas like computers, coding, tech, gambling and finance.

London Burning

The conclusions drawn from the report’s broader profiling of European crypto investors’ lifestyle, finance & investment behaviors largely confirm prior research — as well as several stereotypes that have evolved around the industry.

In terms of geographic distribution, European markets with younger, more affluent and online populations tend to have more crypto holders. Switzerland has the highest rate of crypto ownership in Europe — at 7% of internet users and 14% of asset holders.

While the United Kingdom scores only 11th in terms of countries with the highest share of crypto holders, with 3x the average rate London itself has the highest concentration of crypto holders anywhere in Europe.

A United States-wide survey published earlier this month revealed that 9% of millennials chose crypto as their top long-term investment option — roughly threefold the percentage among older generations.

Updated: 10-31-2019

Top Five Tips for New Bitcoin Investors

Investing in Bitcoin (BTC) can be quite intimidating if you’re only just learning about its existence now. In fact, taking the plunge and entering the cryptocurrency sphere is a risk for anyone, with or without investment experience. This is because the crypto space has no centralized authority to guide investors.

Rumors, hype and horror stories dominate the internet, and separating fact from hearsay can be difficult at times.

Like any other business venture, you should never get your feet wet until you have all the facts straight. Many Bitcoin investors who have taken losses will agree that they didn’t do their own research. Riding on rumors and hearsay is setting yourself up for failure.

However, the cryptocurrency community does come in handy for inquiries. You’re better off talking to people who are already in the crypto space. As a college student, you’ve got all the time and resources to find out all there is to know about investing in Bitcoin. As you find ways to invest, don’t forget to keep an eye on your academic performance, but if it does begin to suffer, online writing services like WriteZillas help ensure you maintain above-average performance.
Research

The crypto space has existed for quite a number of years now, which means that so much has changed since its advent. If you’re just getting wind of Bitcoin now, you need to do your homework. You’llmake better investment choices when you understand what you’re getting yourself into. Even though cryptocurrencies offer a unique investment opportunity, that doesn’t mean they come without risks.

Treading accordingly ensures you miss all the potholes along the way. Dive into Bitcoin’s underlying technology and figure out how the whole system works. A strong grasp of how the blockchain stores secure data will help you understand everything pertaining to Bitcoin investments.

Don’t go through a few articles on the internet and conclude that you know enough about Bitcoin, because knowing it like you know the back of your hand takes time. Find a mentor in the crypto space who is resourceful and trustworthy. Ask as many questions you can, so that by the time you’re investing, you are doing so in a safe environment.

Ignore the hype and dig deeper to find out the truth. Otherwise, if you rely on the success stories as your guide, you’ll end up risking money you cannot afford to lose. Even though Bitcoin opens up an exciting world, the horror stories are proof enough that it can be complex and confusing, as well.

Baby Steps

Knowing everything about the crypto world doesn’t mean you should dive into the deep end. Risk is inherent in every investment, and the crypto space is no exception. You need to proceed with caution, because digital currency is still in its early stages of development. There are extremely high risks involved, which means you can either win big or lose everything you have.

Start small and see how it goes before putting in more money. Instead of chasing Bitcoin prices, let the prices come to you. Timing is key when it comes to investing in cryptocurrency. Once you decide on an entry point, don’t change your mind just because someone told you otherwise.

Once the price gets to where you want it to be, don’t use all your capital to buy the coins. Buy in small quantities, investing a little at a time. The right way to invest in Bitcoins is synonymous with summoning a genie — one wrong move and you lose it all.

Broaden Your Horizons

Ideally, no investor should put all their eggs in one basket. When investing in the crypto space, you need to diversify effectively. This way, a decline in one component can easily be offset by an equal gain in another.

Aside from Bitcoin, you can also invest in Ripple (XRP), Ether, Bitcoin Cash (BCH), and Litecoin (LTC).

Investing equally across different components maintains a balance, as all these components are within the crypto space, and if one drops by a given percentage, another is bound to rise by the same amount.

Be aware of all active cryptocurrencies and invest in them with caution. A cryptocurrency can easily fall because they’re like startups within the crypto space. Researching and keeping up with the crypto market is crucial because a currency can crash to the ground overnight.

Keep Your Coin In Wallets

Since you’re investing within a digital space, you should keep an eye out for cybersecurity. Cybercriminals are all over the crypto space. Use exchanges to buy currencies and move your coins back to your wallets as soon as you’re done. Holding your assets in exchanges exposes you to cyberattacks.

Many exchanges have been hacked before, and this trend is not likely to change. Consider investing in cold wallets, which is another name for offline wallets. These are much more secure than hot wallets (online wallets).

Buckle Up, It’s Going To Be A Wild Ride

There is nothing as volatile as the digital currency market. As a new investor, you need strategies to help you manage price fluctuations. Aside from diversifying, you should buy and hold Bitcoin — this means resisting any temptation to get into short-term bets. In the crypto space, passive investment has a better chance of succeeding than an active one.

Now that you know the best way to go about investing in Bitcoin, you can enter the crypto space armored with information. When it comes to investing, making informed decisions is key.

Updated: 12-14-2019

43% of Investors Interested in Bitcoin Are Women: Grayscale Survey

A report published on Dec. 4 by Bitcoin (BTC) fund operator Grayscale suggests that 43% of investors interested in Bitcoin are women.

The study involved 1,100 United States investors of ages between 25 and 64 surveyed between March 28 and April 3, 2019. All the respondents were involved in personal investing and held at least $10,000 in investable assets with at least $50,000 in household income.

Bitcoin Not As Male-Dominated As Believed?

As the report points out, cryptocurrencies are believed to be a predominantly male space. Additionally, GoogleAnalytics suggests that over 90% of Bitcoin community engagement is male. But the data uncovered in this survey challenges this perception. The report notes:

“Bitcoin conversations tend to focus on a predominantly male investor audience, and yet data indicates women have a healthy interest in Bitcoin as well.”

Notably, 56.2% of women and 56.4% of men see significant growth opportunities in digital currencies. Also, 49.8% of women believe Bitcoin’s finite supply could drive demand and price higher as do 49.9% of men.

Moreover, 47% of women compared to just 39% of men think this is the time to buy Bitcoin because they believe the price will only rise. Interestingly, 63% of women compared to 56% of men agreed that the ability to buy only a small fraction of BTC was a compelling reason to join the space.

Among the 43% of investors interested in BTC were women. While 80% of women were also intrigued by its potential while 93% noted that they would be more open to the asset class if more educational resources were available.

Women More Risk-Averse Than Men

The report also concludes that women tend to view investments as a way to protect themselves and their families rather than a way to get rich. For example, 60% of the women gave more importance to financial security than building wealth while only 48% of men shared this view.

This apparently higher risk adversity is in line with the ideas of Miss Universe Finland 2015 winner Rosa-Maria Ryyti. In September, she said that Bitcoin is less popular among women because it’s seen as a risky investment.

Also, 42% of women noted that they plan to “play it safe” with their investment whereas 35% of men said the same.

Men More “Confident” In Their Investments Than Women

Furthermore, women are also more likely to rate themselves as less investment-savvy than men, with 44% percent of women and 22% of men saying they didn’t feel confident in investing.

At the same time, women have a more pessimistic outlook on the U.S. economy — with only 46% expecting positive development — while 57% of men were optimistic. A similar contrast is seen when examining their views on the global economy, with only 36% expecting positive developments compared to 43% of men.

While the report suggests that interest in Bitcoin is nearly equally split between men and women, other sources, however, indicate that much fewer women invest in Bitcoin than men overall. As Cointelegraph reported at the end of July, it is estimated that only 20% of European cryptocurrency holders are women.

Updated: 5-1-2020

The Number of Women in Crypto Has Exploded In Q1 2020

A new study released by CoinMarketCap revealed an increasing growth among female crypto users in Europe and the Americas.

CoinMarketCap released a report which indicates a 43.24% growth among female users in Q1 2020.

According to the study, this is compared to a mere 15.5% increase seen in Q4 2019.

18-24 year old rose 65%, with the continents of the Americas and Europe experiencing more than 50% growth. The research highlights an average of more than 80% in growth within some countries throughout Latin America, Europe, and Asia.

Greece Taking The Lead In The Global Statistics

Argentina leads throughout in Latin America. They experienced a growth of over 98.23%, followed by Colombia with 82.03%, and Venezuela with 80.23%.

Greece stands out with the fastest growth in Europe at 163.67%. They are followed by Romania with 125.09%, Portugal at 89.95%, Ukraine with 86.68%, and Czechia at 85.6%.

In Asia, only Indonesia registered a growth of over 88.92%.

Europe appears to be leading the growth rate among female users, showing 58.55% in Q1 2020, followed by the Americas with 50.59%.

Africa continues to have low numbers in terms of growth at a mere 17.99%.

Chinese Users’ Decline Amid COVID-19 Pandemic

Cointelegraph previously reported a significant decrease in users from China. The country fell from 13th to 24th place between January 14 and 25.

It is speculated that this occurred due to the increased censorship from the Chinese Great Firewall.

Updated: 2-5-2021

Only 15% of Bitcoin Traders Are Women, Broker Study Shows

Women make up only 15% of Bitcoin traders, according to a brokerage study that shows how stark the gender disparity is in the world of cryptocurrencies.

As Bitcoin prices boomed over the past year, with millions of people around the world signing up for day-trading accounts during the pandemic, it remains largely a hobby of young men.

In a report on Friday, eToro Ltd. said the percentage of women holding Bitcoin on its platform increased from just 10% a year ago.

EToro is one of the most popular venues for crypto investing, along with Robinhood and Coinbase. Subscriber numbers have skyrocketed in the retail-trading craze as individuals rushed to strike it rich in everything from Tesla Inc. to Bitcoin and GameStop Corp. Bitcoin investors on its platform have more than doubled over the past year and the average age is 35, eToro said.

The world’s largest cryptocurrency was around $38,000 on Friday, up almost 300% from a year ago.

1 in 5 Crypto,1 in 5 Crypto,1 in 5 Crypto,1 in 5 Crypto,1 in 5 Crypto,1 in 5 Crypto,1 in 5 Crypto,1 in 5 Crypto,1 in 5 Crypto,

 

Related Articles:

Bitcoin Information & Resources (#GotBitcoin?)

Crypto Exchange Gets Central Bank License In Middle East (#GotBitcoin?)

Beating Bakkt, Ledgerx Is First To Launch ‘Physical’ Bitcoin Futures In Us (#GotBitcoin?)

Facebook Warns Investors That Libra Stablecoin May Never Launch (#GotBitcoin?)

Government Money Printing Is ‘Rocket Fuel’ For Bitcoin (#GotBitcoin?)

Bitcoin-Friendly Square Cash App Stock Price Up 56% In 2019 (#GotBitcoin?)

Safeway Shoppers Can Now Get Bitcoin Back As Change At 894 US Stores (#GotBitcoin?)

TD Ameritrade CEO: There’s ‘Heightened Interest Again’ With Bitcoin (#GotBitcoin?)

Venezuela Sets New Bitcoin Volume Record Thanks To 10,000,000% Inflation (#GotBitcoin?)

Newegg Adds Bitcoin Payment Option To 73 More Countries (#GotBitcoin?)

China’s Schizophrenic Relationship With Bitcoin (#GotBitcoin?)

More Companies Build Products Around Crypto Hardware Wallets (#GotBitcoin?)

Bakkt Is Scheduled To Start Testing Its Bitcoin Futures Contracts Today (#GotBitcoin?)

Bitcoin Network Now 8 Times More Powerful Than It Was At $20K Price (#GotBitcoin?)

Crypto Exchange BitMEX Under Investigation By CFTC: Bloomberg (#GotBitcoin?)

“Bitcoin An ‘Unstoppable Force,” Says US Congressman At Crypto Hearing (#GotBitcoin?)

Bitcoin Network Is Moving $3 Billion Daily, Up 210% Since April (#GotBitcoin?)

Cryptocurrency Startups Get Partial Green Light From Washington

Fundstrat’s Tom Lee: Bitcoin Pullback Is Healthy, Fewer Searches Аre Good (#GotBitcoin?)

Bitcoin Lightning Nodes Are Snatching Funds From Bad Actors (#GotBitcoin?)

The Provident Bank Now Offers Deposit Services For Crypto-Related Entities (#GotBitcoin?)

Bitcoin Could Help Stop News Censorship From Space (#GotBitcoin?)

US Sanctions On Iran Crypto Mining — Inevitable Or Impossible? (#GotBitcoin?)

US Lawmaker Reintroduces ‘Safe Harbor’ Crypto Tax Bill In Congress (#GotBitcoin?)

EU Central Bank Won’t Add Bitcoin To Reserves — Says It’s Not A Currency (#GotBitcoin?)

The Miami Dolphins Now Accept Bitcoin And Litecoin Crypt-Currency Payments (#GotBitcoin?)

Trump Bashes Bitcoin And Alt-Right Is Mad As Hell (#GotBitcoin?)

Goldman Sachs Ramps Up Development Of New Secret Crypto Project (#GotBitcoin?)

Blockchain And AI Bond, Explained (#GotBitcoin?)

Grayscale Bitcoin Trust Outperformed Indexes In First Half Of 2019 (#GotBitcoin?)

XRP Is The Worst Performing Major Crypto Of 2019 (GotBitcoin?)

Bitcoin Back Near $12K As BTC Shorters Lose $44 Million In One Morning (#GotBitcoin?)

As Deutsche Bank Axes 18K Jobs, Bitcoin Offers A ‘Plan ฿”: VanEck Exec (#GotBitcoin?)

Argentina Drives Global LocalBitcoins Volume To Highest Since November (#GotBitcoin?)

‘I Would Buy’ Bitcoin If Growth Continues — Investment Legend Mobius (#GotBitcoin?)

Lawmakers Push For New Bitcoin Rules (#GotBitcoin?)

Facebook’s Libra Is Bad For African Americans (#GotBitcoin?)

Crypto Firm Charity Announces Alliance To Support Feminine Health (#GotBitcoin?)

Canadian Startup Wants To Upgrade Millions Of ATMs To Sell Bitcoin (#GotBitcoin?)

Trump Says US ‘Should Match’ China’s Money Printing Game (#GotBitcoin?)

Casa Launches Lightning Node Mobile App For Bitcoin Newbies (#GotBitcoin?)

Bitcoin Rally Fuels Market In Crypto Derivatives (#GotBitcoin?)

World’s First Zero-Fiat ‘Bitcoin Bond’ Now Available On Bloomberg Terminal (#GotBitcoin?)

Buying Bitcoin Has Been Profitable 98.2% Of The Days Since Creation (#GotBitcoin?)

Another Crypto Exchange Receives License For Crypto Futures

From ‘Ponzi’ To ‘We’re Working On It’ — BIS Chief Reverses Stance On Crypto (#GotBitcoin?)

These Are The Cities Googling ‘Bitcoin’ As Interest Hits 17-Month High (#GotBitcoin?)

Venezuelan Explains How Bitcoin Saves His Family (#GotBitcoin?)

Quantum Computing Vs. Blockchain: Impact On Cryptography

This Fund Is Riding Bitcoin To Top (#GotBitcoin?)

Bitcoin’s Surge Leaves Smaller Digital Currencies In The Dust (#GotBitcoin?)

Bitcoin Exchange Hits $1 Trillion In Trading Volume (#GotBitcoin?)

Bitcoin Breaks $200 Billion Market Cap For The First Time In 17 Months (#GotBitcoin?)

You Can Now Make State Tax Payments In Bitcoin (#GotBitcoin?)

Religious Organizations Make Ideal Places To Mine Bitcoin (#GotBitcoin?)

Goldman Sacs And JP Morgan Chase Finally Concede To Crypto-Currencies (#GotBitcoin?)

Bitcoin Heading For Fifth Month Of Gains Despite Price Correction (#GotBitcoin?)

Breez Reveals Lightning-Powered Bitcoin Payments App For IPhone (#GotBitcoin?)

Big Four Auditing Firm PwC Releases Cryptocurrency Auditing Software (#GotBitcoin?)

Amazon-Owned Twitch Quietly Brings Back Bitcoin Payments (#GotBitcoin?)

JPMorgan Will Pilot ‘JPM Coin’ Stablecoin By End Of 2019: Report (#GotBitcoin?)

Is There A Big Short In Bitcoin? (#GotBitcoin?)

Coinbase Hit With Outage As Bitcoin Price Drops $1.8K In 15 Minutes

Samourai Wallet Releases Privacy-Enhancing CoinJoin Feature (#GotBitcoin?)

There Are Now More Than 5,000 Bitcoin ATMs Around The World (#GotBitcoin?)

You Can Now Get Bitcoin Rewards When Booking At Hotels.Com (#GotBitcoin?)

North America’s Largest Solar Bitcoin Mining Farm Coming To California (#GotBitcoin?)

Bitcoin On Track For Best Second Quarter Price Gain On Record (#GotBitcoin?)

Bitcoin Hash Rate Climbs To New Record High Boosting Network Security (#GotBitcoin?)

Bitcoin Exceeds 1Million Active Addresses While Coinbase Custodies $1.3B In Assets

Why Bitcoin’s Price Suddenly Surged Back $5K (#GotBitcoin?)

Zebpay Becomes First Exchange To Add Lightning Payments For All Users (#GotBitcoin?)

Coinbase’s New Customer Incentive: Interest Payments, With A Crypto Twist (#GotBitcoin?)

The Best Bitcoin Debit (Cashback) Cards Of 2019 (#GotBitcoin?)

Real Estate Brokerages Now Accepting Bitcoin (#GotBitcoin?)

Ernst & Young Introduces Tax Tool For Reporting Cryptocurrencies (#GotBitcoin?)

Recession Is Looming, or Not. Here’s How To Know (#GotBitcoin?)

How Will Bitcoin Behave During A Recession? (#GotBitcoin?)

Many U.S. Financial Officers Think a Recession Will Hit Next Year (#GotBitcoin?)

Definite Signs of An Imminent Recession (#GotBitcoin?)

What A Recession Could Mean for Women’s Unemployment (#GotBitcoin?)

Investors Run Out of Options As Bitcoin, Stocks, Bonds, Oil Cave To Recession Fears (#GotBitcoin?)

Goldman Is Looking To Reduce “Marcus” Lending Goal On Credit (Recession) Caution (#GotBitcoin?)

Our Facebook Page

Your Questions And Comments Are Greatly Appreciated.

Monty H. & Carolyn A.

Go back

Leave a Reply