69 % Female Crypto Investors in U.S. Adopt Holding Strategy, Survey Shows
Brian Njuguna Oct 25, 2022 07:55
Real Talk survey BlockFi suggests that female crypto investors on American soil had a long-term outlook because they had adopted the buy-and-hold strategy.
Female Americans continue to be resilient as cryptocurrency owners, despite the broad market turmoil being experienced, according to a survey by global crypto financial services company BlockFi.
Through the latest edition of the Real Talk survey, BlockFi suggested that female crypto investors on American soil had a long-term outlook because they had adopted the buy-and-hold strategy. Per the report:
“When asked specifically what best describes their crypto investment style, the majority of female crypto owners (69%) said they hold crypto and remain hold-only.”
Flori Marquez, BlockFi’s founder and COO, added:
“The crypto landscape and the number of players look completely different than it did six months ago when we last issued this survey and yet the faith in the crypto markets and its potential as a long-term investment strategy remains. This resiliency is extremely promising.”
On the other hand, interest in this asset class has also not significantly decreased among female Americans. BlockFi noted:
“More than one in five women (22%) still intend to buy crypto in the next 12 months, down slightly from 28% the year prior.”
Some of the reasons why female investors in America are attracted to cryptocurrencies is because they believe it’s an inflationary hedge. Per the survey:
“When asked, one in five women believe crypto to be a good hedge against inflation. Even more, 20% of Gen Z women noted Bitcoin as the best long-term investment when presented with a list of options including individual stocks and real estate.”
Nevertheless, the study revealed a generational gap because one in ten women on American soil chose crypto as their first investment.
Meanwhile, an Ipsos survey showed that the intention of investing in cryptocurrencies or using them as a payment option was higher among Americans compared to Canadians, Blockchain.News reported.
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