The study included those who dedicate themselves full time to the activity. Average earnings were found to be more than $ 25,000, but 13% claim to have earned more than $ 50,000 from trading crypto assets.
On average, surveyed crypto traders invest $ 7,570 a month in the markets and estimate that they traded around $ 69,650 worth of cryptocurrencies in the last year.
However, not everyone is making money. About 17% claim to have breakeven in their cryptocurrency operations or have lost money, and 3% admit to having suffered losses of between $ 5,000 and $ 50,000.
Vaibhav Kadikar, CEO of CloseCross, said: “Volatility is, however, a major problem and potentially people can lose all their money, which is shown by the figures that they have ended up covering expenses or losing money with some reports of losses of up to $ 50,000” .
Both these results and the data that are reflected in the CriptoMercados charts, in relation to the current price of Bitcoin (BTC) of US $ 56,958, as of today 83% of investors are making money, 8% are in neutral and 9% in losses.
Something different happens with the rest of the coins. For example, with Ethereum (ETH) they are 99%, given that the second cryptocurrency arrived today near its highest prices and almost reached the ATH (maximum price achieved). Meanwhile, with Cardano (ADA), on the other hand, only 35% of investors are in profits, 10% the same and 55% in losses. The case with ADA is that currently its price is half of the maximum reached, which was 3.1 dollars on September 2.
As for Dogecoin (DOGE), 59% of those who have invested in it are today making profits, 4% the same and 37% in losses.
Source From: Ambito
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