Crypto World – A high rise community of Blockchain Women Investors

Crypto World – A high rise community of Blockchain Women Investors

Women In Blockchain
February 10, 2022 by Editor's Desk
1766
More women are now becoming interested in various facets of the blockchain and crypto industries, from trading to developing to managing companies. It is a great thing for all genders as it brings fresh perspectives and innovative implementations to the crypto world. After the Supreme Court legalized cryptocurrency, it saw a steady rise in women
Crypto World - A high rise community of Blockchain Women Investors

More women are now becoming interested in various facets of the blockchain and crypto industries, from trading to developing to managing companies. It is a great thing for all genders as it brings fresh perspectives and innovative implementations to the crypto world. After the Supreme Court legalized cryptocurrency, it saw a steady rise in women investors entering the field. Blockchain and cryptocurrency in a male-dominated industry, women in leading roles is also not a rare occurrence nowadays. Female-created projects are often seriously competitive and sometimes even outperform their male counterparts. According to the data, the number of female experts in blockchain has increased from 8% to 12% in the past two years. Female writers in the blockchain and cryptocurrency industry are increasing, which is notable since men have long dominated the tech sector.

What makes Women Better Crypto Investors? 

A core concept in the cryptocurrency space is a community, especially in the early stages of starting a new business. Business owners often invest their time building up an online following to help make their ideas successful. ICOs are great ways to raise funds for your project. Tokens or coins created specifically for these projects are made to serve a specific function.

Saving Capability

Women only save 8.3% of their income and men 7.9%. Women are statistically extremely cautious when it comes to saving. Saving means that they can finally start diversifying their investments into high-return assets like cryptos that offer a lot of potential returns on the 

Successful Investors

Women often take time to analyze risks before making investments. They may research an asset class thoroughly before they invest. Female investors can be more analytical due to this habit. While investing in the volatile crypto market, they are very cautious. It has helped them make the decisions that are best for them.

It is no more a ‘Boys club.’ 

In the past year, many crypto platforms have seen a rise in female users. This is a very promising trend, and we hope to see more women make strides in the space. 2020 has been phenomenal for the cryptocurrency field as more women investors enter it. It is seen that more women around the world are showing interest in this new asset class. The study by Grayscale shows that women are more likely to make investment decisions based on the education provided in the asset. People of all genders are investing in cryptocurrency.

Can crypto be the way forward for financial inclusion?

The World Economic Forum recently surveyed 149 countries and found that women don’t have equal access to financial services in many countries. (40% of the world). Without a bank account, a woman can’t take advantage of the many opportunities.

Cryptocurrencies are liberating for many reasons. 

Crypto is a great way to empower people to have financial independence. One of the most important is that there are no bank account requirements to buy it. Furthermore, you can get started setting up a cryptocurrency wallet with only a smartphone and an internet connection. No one needs to ask for permission from any third party before moving their money – this means that more people will have access to banking and participate in our global economy. 

Follow more on women in blockchain in this section.