Flori Márquez said the data shows that cryptocurrencies attract female investors, noting that even older generations have changed their conservative position. Despite the interest in investing and adopting cryptocurrencies, a more inclusive community would encourage more women to enter the ecosystem.
American cryptocurrency firm BlockFi recently released a survey about the investment patterns of women. The results revealed that Generation Z and Millennial women prefer to invest in cryptocurrencies to other assets.
In March, another study found that 33% of women already investing had acquired cryptocurrencies.
The respondents included millennials (17%) and Generation Z or post-millennials (11%). The objective was to collect data about the status of cryptocurrencies and their adoption.
The Study Reveals that 10% of Women Own Cryptocurrencies
According to the survey, 10% of women have already bought cryptocurrencies, while most (33%) plan to invest in pension funds.
Flori Márquez, the CEO of BlockFi, said the data shows that cryptocurrencies are attractive to female investors. She noted that even older women had changed their conservative position about assets described as extremely risky and volatile.
The latest survey conducted by BlockFi reveals that many women seek cryptocurrency markets to make their first investment. While digital natives might also adopt cryptocurrencies, Generation X and Baby Boomers are open to participating.
The executive expressed her excitement about the adoption of cryptocurrencies across generations. She also said she expected the figures to increase over time.
According to 20% of Generation Z, Bitcoin Is the Best Long-Term Investment
Most Generation Z women (41%) prefer to invest in real estate, but 20% said the best long-term investment is Bitcoin. That suggests an optimistic long-term outlook for the crypto asset industry.
Besides, 69% of the women consulted said they invested in cryptocurrencies to hold them for a long time.
The survey shows women’s interest in investing and adopting cryptocurrencies has grown. However, Márquez pointed out the significant disparity between women who feel confident in their investments and those who do not. Therefore, she recommends closing that gap through a more inclusive and educational community that attracts more women to the ecosystem.
Concerning the cryptocurrencies women prefer, most respondents said their favorites were Bitcoin (71%), Dogecoin (42%), and Ether (18%).
The relevance of cryptocurrencies like Bitcoin has become increasingly evident among female investors worldwide. The above survey is only an example of how the interest in buying and adopting those assets has grown. It is only a matter of time before the number of women in the ecosystem increases considerably.
Meanwhile, Bitcoin is trading at around USD 19,900 and has accumulated a 5%gain over the last 24 hours. While its daily trading volume is above USD 35.25 billion, its market capitalization is about USD 650.45 billion, according to CoinGecko.
Investors should research the all-time high and possible future price of Bitcoin or any other cryptocurrency before buying it. That will help them find the most convenient investment opportunity to reduce the risk of losing money.
By Alexander Salazar
