61 percent of crypto investors are Hodlrs
Ziglu, UK regulated crypto exchange commissioned a study that found only one in four crypto investors describe themselves as short-term traders. Ziglu study found 26% of people who have bought digital currencies focus on short-term price movements as their trading strategy with most preferring to buy and hold for the long-term. Ziglu’s research shows a third (33%) say they are long-term investors while another 29% have long-term holdings while also trading on price movements.
The difference in trading styles is reflected in the returns crypto investors are achieving – more than three-quarters (77%) say they have made gains on their long-term investments with 12% making gains of more than 50% on their original investments.
Ziglu’s study found crypto investors generally held their nerve during the summer sell-off in the market – around 42% of investors say they did not sell while 6% bought more. Around two out of five (38%) who sold some or all of their holdings made money while 14% who sold lost money on their investments.