Crypto traders beaten by girls - page 7.

carlfebz2

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Quote from: Baofeng on March 29, 2023, 05:45:39 PM

Most likely it could have been Gen Z women leading the old and traditional men, who might be in stock trading for years and shift to crypto. And if this is the case then this girls are willing to take the risk big time and so they could be winning as compare to men. However, doesn't matter, I mean we all know that this market is open for everyone, even young girls or even those who are old enough but maybe they don't have that risk as compare to them. But looking at the numbers, it's just a small difference, 4% is minimal in my opinion. But if there is something that we can get out of this numbers and gender comparison, it's that crypto is here to stay and every one has equal opportunity to make money.

Probably, because if we do make out some comparison in between Forex/Stocks vs Crypto trading then we do know that it is really something that different if we do speak about volatility which means that it would

really affect out trading profitability and winning probability too.Speaking about the overtaking of women on men on terms of trading, just like on what said above.Is this really something that it is really worth to discuss on whose better?

Anyone does have that same goal and targets on which the only wise and better are the ones who would really survive this unpredictable market.
Whether you are a boy or girl which it doesnt really matter nor counts.

Baofeng

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Most likely it could have been Gen Z women leading the old and traditional men, who might be in stock trading for years and shift to crypto. And if this is the case then this girls are willing to take the risk big time and so they could be winning as compare to men. However, doesn't matter, I mean we all know that this market is open for everyone, even young girls or even those who are old enough but maybe they don't have that risk as compare to them. But looking at the numbers, it's just a small difference, 4% is minimal in my opinion. But if there is something that we can get out of this numbers and gender comparison, it's that crypto is here to stay and every one has equal opportunity to make money.

maydna

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Perhaps, women can avoid a high risk in trading because I see a lot of women who are not brave enough to trade with too much money. After all, women can also be more patient in waiting for market conditions to change for the better, while men are often impatient. Perhaps, there are other reasons why women outperform men in trades that we don't know. Or it could be that women are more thorough in learning the trade than men so they can make more profits than men. Perhaps the report's results can be provided in more detail so that we can know what caused it.

Findingnemo

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How many women participated in the survey? I do have a friend from Singapore and fortunately she is girl and aware of the name bitcoin but still thinks its something related to scam even I talked to her about that a week ago if I am not wrong so that is what the status when we are talking about majority so don't differentiate men and women here, cause even both combined we still need mountains to climb to reach some milestone.

Quidat

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Quote from: pawel7777 on March 29, 2023, 04:27:20 PM

"Singaporean women ‘outperforming’ men in crypto trades, survey reveals"
https://cointelegraph.com/news/singaporean-women-outperforming-men-in-crypto-trades-survey-reveals

The dawn of mankind is officially here. A recent poll from Singapore revealed that women managed to outperform men in the manliest games of all - crypto trading:
"As per the survey data, 76% of women reported either making money or breaking even on their crypto investments, compared to just 72% of men"

Since it looks like the answers were self-reported, there's a chance that women may not be telling the truth, to make themselves look better. But maybe there's something in the female approach to trading that would explain it (i.e. higher risk aversion?).

Percentage gap isnt really just that too much for these girls/women to boast on considering that it is really just that 4% more, then so what? It is really just that they are really trying to show
off that girls are more better on some things. Of course we would really be having that kind of gender inequality issue or talks but lets not just make things to be an issue.
Doesnt matter if they are better because there's no gender criticism on here.Its good if girls turns out to be that better but in overall
we are all aiming on the same target no matter what your gender is.

goaldigger

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This can tell that many in Singapore already adopt cryptocurrency, and if they become more effective in crypto trading, then this can affect their employment rate as many will start to focus in crypto trading. Even if this data is not accurate, its good to know that many women are into crypto already and work for their own money. We are in an equal society now where women are no longer just an ordinary women, we should be more happy about this. Anyway, long term trading can still affect them when it comes to making profit, let’s see if they can sustain at this level of risk.

sunsilk

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Population in Singapore is nearly around 6 million so that means that's certainly a lot of women that's into crypto even if it's not going to be the basis of that percentage on how many they are.

Anyway, it's not that surprising to see women getting interested with what most men are doing. There's no age and gender boundaries in investing literally in bitcoin but that's just to make something to talk about, that's interesting take made by their research.

LFC_Bitcoin

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I’d like to see how these ‘crypto’ traders perform long term, over let’s say, 20 years. I’ve seen so many people end up broke by meddling too much with ‘crypto’.

Bitcoin only for me, my friend.

pawel7777

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"Singaporean women ‘outperforming’ men in crypto trades, survey reveals"
https://cointelegraph.com/news/singaporean-women-outperforming-men-in-crypto-trades-survey-reveals

The dawn of mankind is officially here. A recent poll from Singapore revealed that women managed to outperform men in the manliest games of all - crypto trading:
"As per the survey data, 76% of women reported either making money or breaking even on their crypto investments, compared to just 72% of men"

Since it looks like the answers were self-reported, there's a chance that women may not be telling the truth, to make themselves look better. But maybe there's something in the female approach to trading that would explain it (i.e. higher risk aversion?).

Link to the original survey: https://www.independentreserve.com/blog/news/independent-reserve-cryptocurrency-index-irci-singapore-2023
There's a downloadable pdf, they're asking for name/email but don't verify, so you can put anything.

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