Crypto traders beaten by girls

[pawel7777]

"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.

[LFC_Bitcoin]

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.

[sunsilk]

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.

[goaldigger]

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.

[Quidat]

"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.

[Findingnemo]

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.

[maydna]

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.

[Baofeng]

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.

[carlfebz2]

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.

[Husires]

I think that such statistics aim to obtain observations and press investigations are more than an analytical study on the reality of what is happening.
The selected eye is not random, as it is in one country, and it is wrong to generalize it to all countries.
So, what happened is that the percentage that was chosen for the reconnaissance found that the percentage of women among them is large and this result may be biased or inaccurate.

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:

Why do you describe trading in this description, there are many women in the stock market.

[Oasisman]

"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?).

I'm not sure why women involving into investments/tradings of all sorts are a big deal for some of us? I mean, except from the physicality  - women are all equal with men. They have brains too, and brains doesn't work different per gender. Isn't this something that is insulting for the women? Not sure though coz we have different perspective.
I don't see any difference to a woman who became president, or something being the head of a certain society.
Nevertheless, a woman can make their own due diligence better than a man and her fellow woman.

[Fundamentals Of]

What's the big deal of this news? For me this is not even news, much less a headline. So what if men or women are more profitable than the other? Of course it happens because it can't be just 50:50. One will be ahead than the other. That's normal. And the difference is not really that significant. I don't see the need to emphasize gender here especially because this is Singapore. This isn't some uncivilized country where women are not allowed to get into whatever investment or trading.

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:

Manliest games of all? Crypto trading doesn't even involve lifting or punching.

[GreatArkansas]

I'm curious about what personal attitudes or actions from girls can help to make profitable trading.
We all know that there are differences in attitudes or physical actions between girls and boys.
Maybe boys intend to become more greedy compared to girls?

[kro55]

"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?).

I'm not sure why women involving into investments/tradings of all sorts are a big deal for some of us? I mean, except from the physicality  - women are all equal with men. They have brains too, and brains doesn't work different per gender. Isn't this something that is insulting for the women? Not sure though coz we have different perspective.
I don't see any difference to a woman who became president, or something being the head of a certain society.
Nevertheless, a woman can make their own due diligence better than a man and her fellow woman.

These surveys make me feel that we are still prejudiced, and belittled women to some extent. I agree with you that, women or men, we are all human, all the same, men can do anything women can do, and vice versa, there is no need to be too surprised or feel weird when women invest in crypto or become president. Our world is no longer a feudal world, we are in an equal world where everyone is treated equally. I even learned from a female trader in my area who was much better than me.

[Coin_trader]

Is “crypto traders” is term for male trader alone? This sound a little bit sexist for all the female on crypto space. Crypto trading is for everyone and I don’t know who categorized trading as manliest while it’s just need a laptop, internet and money in able to do that while sitting on the coast.

Besides, we are all trading for profit and sex doesn’t matter because we don’t know each other here.

[o48o]

"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?).

Topic of OP makes it sound like these women wouldn't be crypto traders. That only men are crypto traders. I know that it might not be intented so but wording is weird.
I seriously wonder why people think that this is "manliest" game of all. I know several women that are investing and trading that are actually doing better than me

And like the data shows there are ton of women players in this game


This might have started as a male game but it's totally not that anymore. And unless you think they are kids you can call them women vs men.
Also it would be nice to have data about actual research about this rather then news of hear say from the net

[pawel7777]

I'm not sure why women involving into investments/tradings of all sorts are a big deal for some of us? I mean, except from the physicality  - women are all equal with men. They have brains too, and brains doesn't work different per gender. Isn't this something that is insulting for the women? Not sure though coz we have different perspective.
I don't see any difference to a woman who became president, or something being the head of a certain society.
Nevertheless, a woman can make their own due diligence better than a man and her fellow woman.

Are you serious or trolling? Of course there are non-physical differences between men and women. We are meant to be different and complement each other. That's a beautiful thing.
In short, women are more people-focussed and have better developed the "emotional" side, while men are more focussed on things and tend to be more technical + have higher risk tolerance (which does not always pay off).

How do reconcile the fact that when Bitcoin started, every poll showed over 90% of adopters were men? There was no societal expectations and anyone was free to join. Or why are chess dominated by men? Or maths/engineering etc?

Manliest games of all? Crypto trading doesn't even involve lifting or punching.

Are you saying you've never punched a screen after your position got liquidated? 

[yhiaali3]

This is relative. I don't think it's the same in all countries. For example, here in my country, women who know about bitcoin and crypto are very few.

But since Bitcoin gives money freedom and also provides the possibility of working from home, I find that this may be true.

Working from home gives a great opportunity for women to work while doing their home duties, so I expect that a large number of them will go towards trading and Bitcoin.

[Silberman]

"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?).

There are two things that come to mind which could explain this statistic, the first one is that as you mention maybe there is a difference on the risks taken and women are investing more on bitcoin while men are taking their chances with altcoins, another explanation could be that maybe the number of women investing in this market has increased recently and they were able to buy most of their holdings during the 2022 bear market for a cheap price, while the men are still suffering from the aftereffects of buying during the bull run and they are still losing some money.

[OgNasty]

I’m not sure I believe how accurate this data is, but if I were to make an assumption about why it could be true… I would say that historically speaking the holders of Bitcoin have done quite well where traders have not. So perhaps women are buying and stacking while men think they can trade and outperform leaving them to find out the hard way that isn’t easy. Seems logical to me.