Do Women Invest in Cryptocurrency?

Cryptocurrency as we know has been an ongoing growing community in the financial sector and in the past it was men that primarily made up the population of those who were investing in crypto and digital coins such as bitcoin, Dogecoin (DOGE), and Shiba Inu (SHIB). 

Recently, the New Jersey based financial crypto company BlockFi published a study from their third edition of the “real talk service series” —  that ultimately confirmed the rising interest that women are having in the cryptocurrency space. Is it a good time to invest in Crypto some might ask? The answer is, absolutely! It’s incredibly motivating and exciting to see that the number of female crypto investors is picking up, as it is a space that everyone can take advantage of as it continues to grow day by day.

 The survey by BlockFi was titled “Real Talk: women x Crypto 2.0 and inquired about females current motivations, feelings and behaviors about crypto investing. What do women think of Crypto investing? Do women invest in crypto currency? BlockFi’s survey concluded that nearly one in three American women are planning to purchase crypto in 2022 and 60% of them intend to do so in the next three months. The survey from BlockFi revealed the following — 

  • Currently 24% of women report owning crypto and of that 24%, 70% of them say they are HODL. HODL is an investing term that was derived by the misspelling of “hold” in 2013 on a post in the Bitcointalk Forum. It is also commonly referred to by investors as “holding on for deal life (HODL). 
  • Almost 45% of women report knowing how to purchase cryptocurrency, compared to just 23% that reported they knew how to six months earlier.
  • What is the most popular cryptocurrency coin for women? The most common crypto currency that women purchase is Bitcoin (71%), Dogecoin [DOGE] (42%), and Ethereum [ETH] (18%).

Why Should Women Invest in Crypto?

It’s extremely important that women continue to invest in crypto, especially popular coins like Shiba Inu (SHIB), Bitcoin and Ethereum (ETH) —  and there is no better time than now, especially with international women’s day coming up. When is International Women day? International women’s day is Tuesday, March 8th. This day is celebrated to spread the message of gender equality and continue to encourage ways we can shorten the gap between gender inequalities. Encouraging more women to invest not only in the stock market, but also in cryptocurrency is a huge way we can help. 

Are there Crypto Jobs?

A recent LinkedIn Report recently showed that cryptocurrency related job postings in the United States increased 395% from 2020-2021. This increase is even larger than tech job postings which increased 98% from the same time period. As venture capitalists continue to invest in crypto companies it’s no wonder, we’re seeing incredible job growth in this sector. LinkedIn notes that the most common crypto job postings were blockchain developer positions and engineers. Not only would it be amazing to have more people invest in Crypto in their spare time to create financial wellness, but it’s an added bonus if they can additionally start a long-term career path in the crypto space as well. BlockFi’s survey showed that 15% of women were interested in a career in crypto currency and 1 in 10 were planning to apply for a crypto or blockchain company in the upcoming year.

The founder and Senior Vice President of operations at BlockFi, Flori Marquez, is enthusiastic about the survey they conducted with women, and adds in, 

“It’s very exciting to know that women are becoming more aware of the benefits of owning crypto and expressing interest in working in the crypto sector. Now it’s our responsibility to continue to close the education gap and provide as many on-ramps as possible, so women can easily gain exposure to crypto markets and get comfortable doing more with their crypto.”