There is an idea floating around saying that most of the actual investors are women. Therefore, a study published in December by Bitcoin (BTC) fund operator Grayscale showed that 43% of investors interested in Bitcoin are females. This number increased up from 13% last year is actively growing without measures.
As global financial conditions gained consolidation, a lot of investors turned their eyes to real estate and cryptocurrencies, as well as gold as suitable places to invest their money. One critical factor is confidence. The study shows that male investors tend to be less confident than females, and this could affect the way women see cryptocurrencies in 2020. Digital assets are now a safe port for them.
Meanwhile, for others, cryptocurrencies are a promised land. Blockchain entrepreneur Nisa Amoils claimed that the main attraction for women is the high amount of investment opportunities. Many trading platforms are experiencing a notable increase in cryptocurrency demand. An example of this is what happened in March with a sudden surge noted by Coinbasen on which the deposits made by U.S residents touched the $1,200.
Women investing more in Bitcoin
Bitcoin doubled in value over the past two months in addition to the recent halving event. These have unleashed some disturbance around crypto. Here, women have shown the same commitment and competence as men. Grayscale said that 49.8% of women took advantage of Bitcoin’s limited emission, and its possible lead to growing a peak shortly.
Cryptocurrency, women, and Latin America
The addition of blockchain technology and cryptocurrencies to Latin America has been slow, but very safe. This new economic environment can contribute to an increasing number of women trying to include this method in their daily lives. In March, the famous platform 2gether released a statement saying that 23% of users of their apps are women with ages estimated in 26 and 50. Their professions are varied and diverse: they found lawyers, economists, accountants, and even teachers. The report also points out that these users spend their cryptocurrencies the same way as they would spend their fiat money.
In other means, the crypto payment operator Terra reported that 74% of its users are women in their late 30s and early 40s and that they used to pay with digital assets mostly for clothes and other daily goods paid with digital assets for clothes, fashion, and other everyday goods. The statistics show that not only women and Millenials that were unrelated to the geek world have started to use cryptocurrencies as effective economic behavior, but also those without any technical expertise, or education.
Meanwhile, in Latin America, the country making the most significant movements is undoubtedly Argentina, which registered a high 98% of female users in 2020; the confidence is what moves them without fear, Walter Salama, Founder, and Chief operating officer of Argentina-based mining company BitPatagonia, noted a growing number of Argentinian women engaged in the IT sector as one of the reasons behind this spike.
By Jenson Nuñez.
