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Demographics of bitcoin investors

The demographics of Bitcoin interested investors are not substantially different from investors overall, except that investors interested in Bitcoin skew slightly younger with an average age of 42, compared to an average age of 49 for investors who said they were not interested in Bitcoin. Jul 10,  · Data Suggests Bitcoin Price Will Rise as Investor Demographics Shift Bitcoin (BTC) has been trading sideways for around a month now and . Nov 23,  · Over million bitcoin wallets with value now exist. No. of active daily bitcoin wallets has reached an average of 1 million. An estimated 11% of Americans currently hold bitcoin. The number of wallets holding + bitcoin reached over 16, in October. Adoption of cryptocurrency apps in emerging markets, such as Nigeria, has skyrocketed in.

Demographics of bitcoin investors

Google Analytics Reveal Surprising Bitcoin Demographics

It is followed by Ether and Litecoin. The survey results almost completely reflect the market capitalization of each of the coins. The only exception is Ripple. People using a smartphone or tablet with a mobile banking app are more likely to say that they have heard about cryptocurrencies, standing at 69 percent against those who do not use modern means of communication, who stand at 59 percent.

At the same time, only about 9 percent of respondents in Europe are owners of cryptocurrencies. The smallest holders of the digital currency live in Belgium and Luxembourg.

Similar figures were shown by surveys in Australia and the U. At the same time, every fourth European declares his intentions to acquire a cryptocurrency and the desire to use it within his mobile banking application. The same percentage of people who participated in the survey consider the world's first cryptocurrency to be very attractive for investing in the future.

Along with this, many consider cryptocurrencies to be very high-risk investments. And 46 percent of respondents believe that shares carry less risk than digital currencies. Perhaps this shows that cryptocurrencies are less attractive for long-term personal investments, like savings for retirement or university, and are more attractive for one-time purchases.

Few consider cryptocurrencies to be convenient for paying for everyday goods and services, such as buying a cup of coffee only 23 percent or international online purchases 30 percent. To find relevant information about profitable investments, Europeans turn to specialized websites 27 percent , financial consultants 21 percent and are much less likely to invest based on advice from relatives and friends 8 percent.

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How Many People Use Bitcoin in 2021? 1 Million Users Transact Bitcoin Per Day

The demographics of Bitcoin interested investors are not substantially different from investors overall, except that investors interested in Bitcoin skew slightly younger with an average age of 42, compared to an average age of 49 for investors who said they were not interested in Bitcoin. Jul 11,  · The Bitcoin price will go up as investor demographics change The report was found using data from Coindance that 50% of Bitcoin investors are millennials. More importantly, this shift in investor demographics could lead Bitcoin to new highs. Changing Demographics, Changing Price. Through the utilization of Coindance and its data, Stack Funds. Tags:Get profit from bitcoin, Does bitcoin trader really work, Joinmarket btc, Bitcoins trading in kenya, Total market cap bitcoins

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