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

被引：29

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

来源：

JOURNAL OF BEHAVIORAL AND EXPERIMENTAL FINANCE | 2019年 / 23卷

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

页码：64 / 74

页数：11

共 15 条

[1] Boys will be boys: Gender, overconfidence, and common stock investment [J].