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

4 months ago

Women are showing an accrued involvement successful cryptocurrency investments, with the bulk favoring semipermanent strategies and lower-risk assets similar Bitcoin contempt reporting a deficiency of manufacture knowledge, according to a caller Bitpanda survey shared exclusively with Cointelegraph.

According to the survey, 50% of pistillate crypto investors prioritize semipermanent fiscal growth, with 49% holding integer assets for up to 5 years and 39% readying to clasp for much than 5 years.

Women besides thin to similar safer integer assets. Bitcoin (BTC) remains the astir fashionable concern choice, with 30% of respondents selecting it arsenic their archetypal integer plus concern compared to 24% of men.

More than 54% of the 1,400 surveyed investors made their archetypal investments successful Bitcoin, Ether (ETH) oregon XRP (XRP).

“Women thin to physique much divers portfolios and absorption connected semipermanent wealthiness instauration alternatively than chasing short-term gains,” according to Gracy Chen, CEO of Bitget cryptocurrency exchange:

“This measured attack is precisely what the crypto ecosystem needs — investors who recognize technological fundamentals and look beyond marketplace noise.”

“Women typically follow a ‘sit connected their hands’ concern style,” with little trading frequence than men, Chen said, citing a Charles Stanley study:

“While men made 13 trades annually connected average, women executed lone 9. This patience and strategical reasoning translates beautifully to crypto markets, wherever affectional reactions to volatility often pb to losses.”

Nkiru Uwaje, co-founder of blockchain liquidity level Mansa, believes this reflects a cardinal quality successful concern science betwixt men and women:

“Women attack investing otherwise arsenic portion of a broader wealth-building strategy. When we put successful Bitcoin, we often see its spot wrong a diversified portfolio alternatively than viewing it successful isolation.”

“Preference of holding whitethorn besides prevarication successful analyzing however investments whitethorn change. Instead of reactively selling during dips, pistillate investors thin to observe however assets behave done marketplace cycles,” she added.

We’re “not chasing overnight gains” oregon “FOMO-driven decisions”

The bulk of women similar Bitcoin, but not needfully owed to hazard aversion alone.

“This attack often stems from thorough probe and strategical patience,” according to Mary Pedler, laminitis of INPUT Comms blockchain and tech-focused communications agency.

“Many women I’ve worked and communicated with bash heavy probe earlier investing and seldom marque FOMO-driven decisions,” she told Cointelegraph, adding:

“When we put successful Bitcoin, it’s aft knowing its cardinal worth proposition — we’re not chasing overnight gains; we’re gathering generational wealth.”

More women entering crypto, but challenges remain

While pistillate crypto investors are rising, a deficiency of acquisition remains the main situation for mainstream crypto adoption among women.

Over 81% of respondents admitted to being inexperienced investors, with 24% of pistillate investors citing a deficiency of concern cognition arsenic their biggest challenge, portion 41% pointed to fiscal constraints, according to Bitpanda’s survey.

However, Bitpanda’s pistillate users person shown dependable growth. Women who started investing successful January 2024 person seen an mean summation of 8.1% successful their investments implicit the past year.

Chen highlighted that conscionable 26% of crypto holders are women.

To span this gap, initiatives similar Women successful Ethereum Protocol (WiEP) emphasize the request for due education, wide guidance and structured enactment to promote much women to participate the crypto space.

“Women request due education, wide guidance, and support, starting with tiny concern amounts,” WiEP representatives told Cointelegraph.

Additional reporting by Lyne Qian.

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