eToro study: Female crypto investors like Ripple

eToro, a brokerage company and social trading network conducted a study about the demographics of cryptocurrency investors. The results are pretty much what we could expect: the market is full of inexperienced men who had little to no exposure to investment world before. Women are absolute minority as only less than 9% of them make up the crypto investors.

The study covered age, gender and job sector criteria for the period of March 2017 – February 2018.

Investors with little to no investment experience amount to a staggering 81.96%. A measly 7.38% of the data set identify as having advanced investment knowledge. Male investors dominate female investors, 91.5% to 8.5%.

The study also states that most of the investors, around 30%, are not in the job market (i.e. students, retirees, the unemployed). Most of the professional workers are employed in sales and marketing sector – 15.05% followed closely by those who work in IT services – 14.49%. Third place were finance sector employees who constitute around 8.5%.

Most popular investments by age

The data reveals the most popular investments, according to age group. All groups are similar to one another, except for 18-23 where Dash tops Ethereum Classic.

Coin rank for age range 18-23

  1. Ripple
  2. Bitcoin
  3. Ethereum
  4. Litecoin
  5. Dash
  6. Stellar
  7. Neo

Coin rank for age range 24-35

  1. Ripple
  2. Bitcoin
  3. Ethereum
  4. Litecoin
  5. Ethereum Classic
  6. Stellar
  7. Neo

Coin rank for range 36-54

  1. Ripple
  2. Bitcoin
  3. Ethereum
  4. Litecoin
  5. Ethereum Classic
  6. Stellar
  7. Neo

Coin rank for age range 55+

  1. Ripple
  2. Bitcoin
  3. Ethereum
  4. Litecoin
  5. Ethereum Classic
  6. Stellar
  7. Neo

The study also shows that women like to invest in Ripple, while men’s portfolios are not dominated by single coin and are rather diversified.

Source

Source

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

Felix Küster

Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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