Investors lost more than $ 830 billion during the correction period due to the fall in the rate of cryptocurrencies, while crypto the whales received over 70,000 bitcoins additionally by manipulating the crash. What does a small private investor in cryptocurrency look like in 2021?
Blockchain bank PointPay has conducted research amongmore than 58,000 clients and found out the average age of active cryptocurrency investors in 2021. According to the study, investors and cryptocurrency holders have grown older, and the number of women who love risk was 14%.
According to representatives of the platform, the distinctivethe peculiarity of this race is that it attracted new investors. According to the bank's estimates, about 43-45% of new investors entered the market who had never previously dealt with the cryptocurrency market. Such users are most susceptible to panic, as well as incorrect actions with high-risk instruments, which are fraught with high losses.
PointPay notes that crypto investors were significantly younger in 2018. In their opinion, then about 60% of investors were under the age of 31.
Now the ratio has changed - 59% of investorstoday aged 31 to 49. According to analysts, in 2018 about 60% of private, small investors were young, and their investments were not significant and stable. Most of them were related to the IT sphere and invested in top cryptocurrencies for several hundred dollars a month. And the volume of annual investments hardly exceeded $ 4,000. Researchers note:
Today the ratio has changed in favor of moreadult investors. And this will bring its pros and cons to the market. 59% of cryptocurrency buyers (from our sample) are between the ages of 31 and 40. They can make more stable investments, invest not the last money in cryptocurrency. They have a fairly high level of debt burden, as a rule, at this age they already have a mortgage and a car loan, at least. And therefore, such people clearly understand where they want to invest the return on investment. They are ready to spend from $ 6,500 per year on cryptocurrency and do not run to withdraw it from the account at the first market correction. They are much more focused on long-term investment.
For older buyers- from 41 to 59 years and more, then they make up about 4% of all private cryptocurrency investors. This category tends to invest more in cryptocurrency - on average, up to $ 12,000 per year or more. It is also worth remembering that most of the well-known cryptocurrency whales today are also in adulthood. So, Tim Draper, who owns at least 30,000 bitcoins, is currently 62 years old.
Another trend that the study showed- an increase in the number of women in the cryptocurrency trade. Compared to 2020, the number of women on the market increased by 4% from 10% to 14%. For classic stock trading on the stock exchange, this indicator is slightly higher - about 20% of traders are women.
Women in the classic market have shown themselves to be balanced and successful traders, they take less risks and are more inclined to order and consistency in trading.
Despite the fall of bitcoin by 50% of the ATH price, the cryptocurrency is such an attractive investment that the majority of buyers (63%) are ready to pay interest to banks in order to own it.
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