'Overconfidence': Why Mostly Men under 30 Trade Bitcoin

    • 58 posts
    February 25, 2021 4:26 PM EST

    The hype around WallStreetBets and GameStop is already starting to fade. Following this, financial markets should be reminded that the most persistent retail investment mania over the past few months has been focused on bitcoin.

    Much has been written about how institutional investors drove Bitcoin BTCUSD to impressive highs, with crypto assets gaining as much as 400% from early 2020 to their peak in early January 2021.

    PAYPAL, the payment giant, has started offering Bitcoin services. BlackRock BLK, the epitome of institutional money, now provides investors with limited access to bitcoin futures through its two funds. But retail investors form a crucial part of the Bitcoin trend.

    These are the retail investors targeted by tabloid headlines suggesting Bitcoin will hit $ 1 million. These are the same investors warned by regulators that they “must be prepared to lose all their money” from crypto investments.

    • 1 posts
    March 4, 2021 3:29 PM EST

    Thanks for the information

    • 1 posts
    March 4, 2021 3:30 PM EST

    It is obvious why men who are over 30 are now investing money in bitcoin. Men at this age have a lot of money and it is best to invest it somewhere, and now the most relevant way of investing is bitcoin. Moreover, it is now growing in price just incredibly fast. So I also decided to invest in bitcoin, but I heard that now there are a lot of scams that hack the account and steal bitcoin. And then one day I came across this service [url=https://mycryptomixer.com/]bitcoin tumbler[/url] . It seems to be like a reliable and secure site that will help me, right? What do you think about this, maybe there are more experienced people in this matter.


    This post was edited by Bon Scott at March 4, 2021 3:32 PM EST