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The global cryptomarket has experienced a big rise in female investors in the past 12 months. Women are apparently getting more and more interested in trading and investing. Even though this market has generally been dominated by men, it seems that a change is coming.
The field of cryptocurrency is largely dominated by men just as most other fields of investments. And as in most other fields it can be quite important to see yourself represented to be able to jump into new experiences such as investing in crypto. As much as twice as many men invest in cryptocurrency. Around 19% of women from 18 to 29 years have invested in, used or traded cryptocurrency.
Where as much as 43% of men in the same range of age have engaged in cryptocurrencies. It might be due to the risk it entails to invest in a volatile currency but it could be a repretational matter as well. Even though the cryptocurrency market is dominated by men, there are women working to enhance the diversity of the field and to make it easier for women to start investing in cryptocurrencies.
A rise in female crypto investors
Apparently it has paid off as the participation of females in the investment in and trading of crypto has increased in the last years. The global pandemic has probably played an important role in the growth of female cryptocurrency investors. During the pandemic women sought investment opportunities just as much as their male counterparts. This could be a result of men involving their wives or girlfriends in their successful investments.
However, engaging in investments, strategies and trading is compatible with jobs as well as maternity leave, this might have an appeal to the women wanting to increase their savings or who have an interest in financial patterns. The possible social impact of investing might have an appealing effect on women investors as they probably would enjoy seeing it as more than an increase on their own bank account.
Preparations to invest in crypto
If you are interested in this field of investments, it is important to look into the market and try to collect as much information as possible. It is a complicated field and it is necessary to investigate the movements to foresee the potentials and the risks in investing. If you want to get wiser on what to invest and what to invest in, you can follow the latest crypto trends here to get an idea of the possibilities as well as the best rated brokers in 2022.
An important factor when seeking information on financial matters in general is to find a trustworthy site that contains all the information needed. You need to be able to trust the insight you get, which is why it is a good idea to choose a well-reviewed and well-known broker when engaging in cryptocurrencies. Most good sites will provide you with a great start guide to make sure that you are well prepared for the potential investments.
Reviewed and edited by Albert Fang.
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Article Title: An Increase in Female Investors in the Field of Cryptocurrency
https://fangwallet.com/2022/08/02/an-increase-in-female-investors-in-the-field-of-cryptocurrency/The FangWallet Promise
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1 Comment
It’s nice to see more women getting involved in crypto. It’s the future of finance so good luck to all the lady Bitcoin HODLers.