Did You Lose Money Investing in Bitcoin? You’re Not Alone, Says Study.

Date:

Share post:


Most retail investors using crypto exchange apps have lost money on


Bitcoin


a new data study suggested.

About three-quarters of users are likely to have lost money on their investments in cryptocurrencies, according to data crunched by the Bank for International Settlements (BIS), which charted retail use of crypto exchange apps across 95 countries between 2015–22. The study assumed that if each new user bought $100 of Bitcoin in the month of the first app download and in each subsequent month, 81% of users would have lost money. 



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Local army cadet takes on biathlon competition

Article content Cpl. Hilaire Knitter of Mayerthorpe’s Royal Canadian Army Cadet Corps was one of two cadets...

The Top 6 Certifications for Software Engineers

As a software engineer, obtaining professional certifications proves your expertise within the discipline. However, while there may...