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Opalesque Industry Update - New research from GNY, the leading blockchain-based machine learning business, reveals that of those people who trade at least $1,000 a month in Bitcoin, 25% are trading $4,000 or more. Just 11% say they trade around $1,000 a month, with 34% saying it is between $1,000 and $2,000. Nearly one in three (30%) trade between $2,000 and $4,000 a month. Other key findings from the research include: ?-? 15% of serious Bitcoin traders are aged 18 - 24, 29% are 25 to 34 and 37% are aged between 35 and 44. Just one in five (19%) are older than this. Nearly one in four (72%) are men and 28% are women. ?-? Some 4% of those who trade over $1,000 a month in Bitcoin are students, 6% are unemployed, 13% work part-time, and 65% are in full time jobs. One in ten are self-employed and 1% say they are retired while 1% describe themselves as 'homemakers. ?-? In terms of the hours they spend trading Bitcoin on a weekly basis, 16% say they trade for less than five hours. Just over one in four (28%) trade for between five and 10 hours, and one three (33%) for between 10 and 20 hours. The remainder (23%) trade for longer than this, with 5% trading for over 40 hours a week. ?-? When it comes to letting loved ones know about their trading, only 58% of serious Bitcoin traders say their partners know the value of their trades. Some 17% say their partners don't know they trade at all, and 21% think they trade lower amounts. The remainder are unsure what their partners know about their trading.
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Industry Updates
Research reveals level of Bitcoin trading from 'serious' traders
Wednesday, February 02, 2022
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