|Jun 12, 2018 02:56 PM||By: Ben Noble | 3980 Views|
Over the last six months, the number of women considering an investment in cryptocurrencies has moved from 6% to 13%, states City A.M. June 9.
The statement was based on market research carried by a UK cryptocurrency exchange London Block Exchange, which performs that cryptocurrency is familiar with women in the millennial age, one out of five of whom expresses a desire to invest.
The research also implies a difference in the way men and women invest, with women taking a dominant strategic approach as they are 50% less likely than men to experience from a “fear of missing out” (FOMO). Furthermore, the research shows that women are further collaborative than men, as they are twice as disposed to consult family and friends about their potential investments connected to men, who are statistically further likely to “go it alone.”
Initial analysis from etoro crypto exchange intimates that up continuously recently, the industry was male-dominated — with men launching up 91.5% of all investors and women only considering for 8.5%.
London Block Exchange’s senior business analyst Agnes de Roeyer, however, thinks this trend could be changing. According to City A.M., Roeyer announced,
“There’s however a famous misconception that cryptocurrency is a game for men, but we’ve witnessed hundreds of women sign up for our exchange in the last several months and some of the numerous inspiring and knowledgeable investors, managing the way in the industry are female.”