Abstract
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.
| Original language | English |
|---|---|
| Pages (from-to) | 64-74 |
| Number of pages | 11 |
| Journal | Journal of Behavioral and Experimental Finance |
| Volume | 23 |
| Early online date | 7 May 2019 |
| DOIs | |
| Publication status | Published - 1 Sept 2019 |
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