Women remain bullish on crypto investment despite market lull: Survey

The crypto marketplace downturn is proving a hard tempest to upwind for some investors and businesses alike successful the industry. However, according to caller data, this hasn’t stopped women from being bullish connected crypto.

A caller survey conducted by BlockFi, a crypto trading and concern platform, asked women crossed the United States astir their views of and information successful the crypto manufacture betwixt Sept. 2021 and Mar. 2022.

According to the findings 1 successful 10 women chose crypto arsenic their archetypal investment, with 17% of that being Millennial women investors and 11% Gen Z. Findings adjacent revealed that of the women surveyed 7% of Gen X, which includes individuals calved betwixt 1965-1980, reported crypto arsenic their archetypal investment.

However, arsenic past information has revealed, more acquisition and clarity surrounding the space is needed to marque investors consciousness unafraid and assured successful their investment.

The survey highlighted that portion an overwhelming bulk of surveyed women (81%) person heard of crypto, 77% inactive presumption it arsenic a risky investment.

Flori Marquez, the laminitis and main operating serviceman of BlockFi, echoed the sentiment that education is cardinal to bringing much women into the space:

“Knowledge drives empowerment and confidence. "

Despite the barriers, some marketplace and education-wise, galore women inactive spot a spot for themselves successful the industry. Over 1 successful 5 (22%) said they person the volition to bargain crypto successful the adjacent year. 20% of Gen Z women called Bitcoin the “best agelong word investment” among others successful a lineup of concern choices.

Related: US lawmakers accidental crypto manufacture has a ‘tech bro’ occupation hurting innovation

Data from the BlockFi survey showed that women are so present to hodl with 69% of pistillate crypto owners saying they clasp crypto and stay hold-only. 

Marquez says the existent downturn of the crypto marketplace is the cleanable clip to physique connected these communities of pistillate hodlers.

“The champion gathering happens during carnivore markets. It’s imperative that we utilize this clip to physique products and communities that are inclusive to each investors.”

Back successful May of this year, billionaire Tim Draper insisted that the adjacent bull marketplace will beryllium driven by adoption from women investors.