Crypto Women on The Rise
The number of women in Crypto has almost doubled since the start of the year.
This is according to a recent study by the UK based crypto exchange London Block Exchange. Accordingly, the figures showed a rise from approximately 6 percent to 13 percent since January. Understandably, millennial women lead the pack.
“There’s still a common misconception that cryptocurrency is a game for men, but we’ve seen hundreds of women sign up for our exchange in the last few months and some of the most inspiring and knowledgeable investors, leading the way in the industry are female.”-
…Said Agnes de Roeyer, London Block Exchange’s senior Business Analyst.
This turns the myth that women shy away from technical fields on its head. There may seem like not enough women are interested in crypto investments at the moment. However, I believe that with more sensitization more women can participate in the financial community.
Misconceptions About Women in Crypto
Anytime questions are asked as to why women don’t take up more STEM related opportunities, lots of ignorant comments follow. The idea that women simply aren’t suited for this industry is simply unfounded. Women are capable of the highest of highs is executive tech jobs and certainly investments.
Sheryl Sandberg is an inspiring figure in this light. She has proven that women are capable equals who can really move entire industries. Let’s take a peek at our personal lives. The odds are high that everyone knows a woman who is smart at financial decisions even the most benign ones.
The Need for More Women in Crypto
Women are at least half the planet’s population If not more. No team fully realizes its full potential if half the team is not playing. I mean, it’s literally dumb. Not only can the cryptocurrency community use more women investors but also more creative women with innovative solutions.
One of the reasons for women shying away from this industry is the masculine imprint on the entire industry. Crypto-forums are notoriously unfriendly places especially for someone seeking basic information.
Additionally women are generally more risk averse and the rampant fraud and FUDs in this industry don’t do any favors. Women fortunately are more collaborative hence end up making mostly strategic investments. The impact of more women in this industry will certainly be positive.
That said, there are few resourceful Facebook groups specifically for educating women on investing. These kinds of initiatives are key to this endeavor.
The influx of women is crypto-sphere will certainly be a positive thing. As a matter of fact, this industry badly needs their creativity, investment touch and certainly money. This rise in numbers is positive and exciting. We should all laud this improvement and make this industry fairer to everyone.