On November 1, Civic Science published a study that included a series of questions from investor surveys. The data were collected from April 27th to November 1st of this year.
follow research4% of respondents said they quit their job after achieving financial freedom to invest in cryptocurrencies. Another 7% said they knew someone who quit after winning big at crypto.
Source: Citizenship
As measured by income, statistics show that those in the bottom quintile make up the majority of those who quit because they have enough money to comfortably live off crypto investments.
Civic Science points out that while cryptocurrencies help some bring financial freedom, wealthier investors are more likely to use them as a form of wealth diversification.
Source: Citizenship
Although some investors have been successful in the crypto market, Civic Science has also found that not all participants are profitable.
Source: Citizenship
Billionaire investor Mark Cuban came across survey data and feedback on Twitter, highlighting that those numbers come before the recent bull run that drove Bitcoin to new highs of $ 67,276.
“4% of Americans have quit their jobs for crypto gain and the majority of them do so when the BTC price is below $ 50,000. Now we know why so many people are giving up low-paying jobs. And that was before the current bull run. “
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Minh Anh
According to Dailyhodl
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