50% of female crypto investors seek long-term wealth creation — Survey

189
SHARES
1.5k
VIEWS

Related articles


Girls are exhibiting an elevated curiosity in cryptocurrency investments, with the bulk favoring long-term methods and lower-risk property like Bitcoin regardless of reporting a scarcity of trade data, based on a brand new Bitpanda survey shared solely with Cointelegraph.

Based on the survey, 50% of feminine crypto traders prioritize long-term monetary development, with 49% holding digital property for as much as 5 years and 39% planning to carry for greater than 5 years.

Girls additionally are likely to choose safer digital property. Bitcoin (BTC) stays the preferred funding alternative, with 30% of respondents deciding on it as their first digital asset funding in comparison with 24% of males.

Greater than 54% of the 1,400 surveyed traders made their first investments in Bitcoin, Ether (ETH) or XRP (XRP).

Proportion of funding phrases desired by feminine traders. Supply: Bitpanda

“Girls have a tendency to construct extra various portfolios and deal with long-term wealth creation fairly than chasing short-term positive aspects,” based on Gracy Chen, CEO of Bitget cryptocurrency trade:

“This measured strategy is precisely what the crypto ecosystem wants — traders who perceive technological fundamentals and look past market noise.”

Men and women’s common holding interval per asset sort Supply: Bitpanda

“Girls sometimes undertake a ‘sit on their palms’ funding type,” with much less buying and selling frequency than males, Chen mentioned, citing a Charles Stanley examine:

“Whereas males made 13 trades yearly on common, ladies executed solely 9. This endurance and strategic pondering interprets fantastically to crypto markets, the place emotional reactions to volatility typically result in losses.”

Associated: Reversing the gender gap: Women who kicked ass in crypto in 2024

Nkiru Uwaje, co-founder of blockchain liquidity platform Mansa, believes this displays a elementary distinction in funding psychology between women and men:

“Girls strategy investing in another way as a part of a broader wealth-building technique. After we put money into Bitcoin, we regularly contemplate its place inside a diversified portfolio fairly than viewing it in isolation.”

“Desire of holding may lie in analyzing how investments could change. As a substitute of reactively promoting throughout dips, feminine traders have a tendency to look at how property behave by market cycles,” she added.

We’re “not chasing in a single day positive aspects” or “FOMO-driven choices”

Nearly all of ladies choose Bitcoin, however not essentially because of threat aversion alone.

“This strategy typically stems from thorough analysis and strategic endurance,” based on Mary Pedler, founding father of INPUT Comms blockchain and tech-focused communications company.

“Many ladies I’ve labored and communicated with do deep analysis earlier than investing and rarely make FOMO-driven choices,” she instructed Cointelegraph, including:

“After we put money into Bitcoin, it’s after understanding its elementary worth proposition — we’re not chasing in a single day positive aspects; we’re constructing generational wealth.”

Extra ladies getting into crypto, however challenges stay

Whereas feminine crypto traders are rising, a scarcity of schooling stays the primary problem for mainstream crypto adoption amongst ladies.

Over 81% of respondents admitted to being inexperienced traders, with 24% of feminine traders citing a scarcity of funding data as their largest problem, whereas 41% pointed to monetary constraints, based on Bitpanda’s survey. 

Associated: From Binance to SheFi, the frontier is feminine

Nevertheless, Bitpanda’s feminine customers have proven regular development. Girls who began investing in January 2024 have seen a median enhance of 8.1% of their investments over the previous yr. 

Chen highlighted that simply 26% of crypto holders are ladies.

To bridge this hole, initiatives like Girls in Ethereum Protocol (WiEP) emphasize the necessity for correct schooling, clear steering and structured help to encourage extra ladies to enter the crypto area.

“Girls want correct schooling, clear steering, and help, beginning with small funding quantities,” WiEP representatives instructed Cointelegraph.

Further reporting by Lyne Qian.

Journal: SEC’s U-turn on crypto leaves key questions unanswered