Gender is associated with both psychological and demographic factors when it comes to crypto investment, new academic research revealed.
Better overall knowledge leads to taking more risks, as men follow their investments more frequently than women and do not avoid taking more risks, the study found. A key driver behind women’s tendency to try different investment tools is lower income and a lower level of knowledge about crypto.on Dec. 24, argues that gender is a factor that affects the financial investment decisions of individuals.
“The male-dominated culture built within the crypto industry becomes visible in both the demographic and psychological factors that affect financial investment decisions.” “I do believe together with the increasing awareness on a gender-free digital verse, the gap between the female and male crypto investors will disappear.”
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