Who trades cryptocurrencies, how do they trade it, and how do they perform? Evidence from brokerage accounts

被引:25
|
作者
Hasso, Tim [1 ]
Pelster, Matthias [2 ]
Breitmayer, Bastian [3 ]
机构
[1] Bond Univ, 14 Univ Dr, Robina, Qld 4226, Australia
[2] Paderborn Univ, Warburger Str 100, D-33098 Paderborn, Germany
[3] Queensland Univ Technol, 2 George St, Brisbane, Qld 4001, Australia
关键词
Cryptocurrencies; Bitcoin; Trading; Investor returns; Demographics; BITCOIN; BUBBLES; GENDER;
D O I
10.1016/j.jbef.2019.04.009
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
We investigate the demographic characteristics, trading patterns, and performance of 465.926 brokerage accounts with respect to cryptocurrency trading. We find that cryptocurrency trading became increasingly popular across individuals of all different groups of age, gender, and trading patterns. Yet, men are more likely to engage in cryptocurrency trading, trade more frequently, and more speculative, respectively. As a result, men realize lower returns. Furthermore, we find that investors vary their trading patterns across different asset classes. (C) 2019 Elsevier B.V. All rights reserved.
引用
下载
收藏
页码:64 / 74
页数:11
相关论文
共 50 条
  • [21] How do we perform intrauterine transfusions?
    Crowe, Elizabeth P.
    Hasan, Rida
    Saifee, Nabiha H.
    Bakhtary, Sara
    Miller, Jena L.
    Gonzalez-Velez, Juan M.
    Goel, Ruchika
    TRANSFUSION, 2023, 63 (12) : 2214 - 2224
  • [22] HOW DO COLIFORMS PERFORM FOR DAIRY PROCESSOR
    BRUHN, JC
    AMERICAN DAIRY REVIEW, 1974, 36 (10): : B20 - D20
  • [23] How well do your crews perform?
    Muntz, Hans
    Better Roads, 1996, 66 (06):
  • [24] How do your stocks really perform?
    不详
    NATURE BIOTECHNOLOGY, 2004, 22 (01) : 27 - 27
  • [25] HOW WELL DO MULTINATIONAL COMPANIES PERFORM
    STICH, RS
    MANAGEMENT INTERNATIONAL REVIEW, 1971, 11 (4-5) : 33 - 44
  • [26] How do Students Perform a Peer Assessment?
    Mumpuni, Kistantia Elok
    Priyayi, Desy Fajar
    Widoretno, Sri
    INTERNATIONAL JOURNAL OF INSTRUCTION, 2022, 15 (03) : 751 - 766
  • [27] Who participated in the GameStop frenzy? Evidence from brokerage accounts
    Hasso, Tim
    Mueller, Daniel
    Pelster, Matthias
    Warkulat, Sonja
    FINANCE RESEARCH LETTERS, 2022, 45
  • [28] FGFs: neurodevelopment's Jack-of-all-trades - how do they do it?
    Hebert, Jean M.
    FRONTIERS IN NEUROSCIENCE, 2011, 5 : 1 - 10
  • [29] Diversity in brokerage: how do gateway cities interlink their hinterlands?
    Scholvin, Soren
    Breul, Moritz
    Diez, Javier Revilla
    REGIONAL STUDIES, 2023, 57 (02) : 215 - 224
  • [30] How do individual investors trade?
    Nolte, Ingmar
    Nolte, Sandra
    EUROPEAN JOURNAL OF FINANCE, 2012, 18 (10): : 921 - 947