Men Outnumber Women In Crypto Investment In U.S.: Survey

Investing in cryptocurrency is dominated by young men. That was the main result of a survey conducted among 3,000 people in the U.S. by Crypto payments startup Circle.

17 percent of males have plans to buy crypto, while only 8 percent of women share the same plans.

A majority of Millennials believe they are “aggressive” investors in the technology. One in 4 Millennials expressed interest in purchasing digital currencies over the next 12 months, more than 10 times the rate of Baby Boomers.

71 percent of them have invested less than $1,000 into digital currencies.

The survey found that as investors get older, the percentage of “aggressive” investors drops, from 65 percent of Millennials to only 25 percent of Baby Boomers.

The insight that women are a minority in the crypto space has been reflected in surveys in the past.

But at the same time, the number of women considering crypto investment doubled since the start of the year, a market research by the London Block Exchange earlier this summer showed.

by Joji XavierRTTNews Staff Writer

Source: Read Full Article