London Block Exchange Study Says Womens Are Leading Crypto Investments
It is widely believed that womens are less involved in the cryptocurrency investment world than men. But a new research shows that the number of women considering to invest in virtual currencies has doubled in the last half of year.
Almost 13 percent of women could potentially invest in the crypto market compared to 6 percent at the end of 2017 when Bitcoin was reaching its highest point ($20,000 dollars). The research has been carried out by the London Block Exchange.
The investigation also shows that millennial generation is more prone to invest in digital assets than older generations. Indeed, the study says that one in five female millennials would like to invest in virtual currencies.
Agnes de Roeyer, senior business analyst at London Block Exchange explains that there is still a misconception that participating in the crypto market is a game for men, but during the last months, there have been hundreds of women signing up for the crypto exchange they run.
At the same time, he explained that the number of male users did not grow significantly, which shows that the growth audience for cryptos is shifting. Additionally the study found that women are more strategic investors than men.
Women tend to consult family and friends before making a purchase of a specific cryptocurrency. This is a very important point to mention because it reduces problems related to fear of missing out or bad investments.