Bitcoin investment demographics
Dec 14, · Bitcoin, also called a mobile currency or a crypto currency, was created in by Satoshi Nakamoto, a mysterious individual or a group of people whose true identity is still unknown today. Nov 14, · Survey Reveals Shifts In Bitcoin Ownership Demographics Bitcoin prices have bounced back in after the cryptocurrency bubble burst last year. Bank of Canada found that the number of Canadians Author: Wayne Duggan. Jul 10, · Data Suggests Bitcoin Price Will Rise as Investor Demographics Shift. carefully consider your investment objectives, level of experience, and risk .
Bitcoin investment demographicsGoogle Analytics Reveal Surprising Bitcoin Demographics
Similar results were found in a recent research document from the UK Financial Conduct Authority FCA , which found that the ownership of Bitcoin by people over the age of 35 has increased significantly. The shift of investment power to new generations and the growing interest in Bitcoin for older investors could help push the price of Bitcoin to new heights. However, institutions will also play an important role as they could provide the most accessible ramp for new retail and institutional investors to invest in Bitcoin.
Currently, institutions of all kinds do not lack options to get involved and the same goes for those who wish to invest their retirement in BTC. Along with their greater technological aptitude, millennials also display increased concern over social issues such as discrimination, climate change and perhaps financial inclusion may soon become one of their focal points. Given the potential of cryptocurrency to solve many of the problems that millennials find problematic with the current financial sector, investing in Bitcoin as a new asset class ticks all the right boxes.
Forgot your password? Get help. FR24 News English. Home Business Data suggests Bitcoin price will rise as investor demographics change. Buy Tesla shares? Bitcoin investors should keep an eye out for the survey results to see if the decline in ownership was fallout from the huge bitcoin price declines in or if it is an indication of a longer-term trend. Do you agree with this take? Email feedback benzinga. Bitcoin Vs. Benzinga does not provide investment advice. All rights reserved.
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