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4% of U.S. workers quit their jobs last year after growing up in the crypto market

A new survey by market research company Civic Science shows interesting trends about some very successful US investors with cryptocurrencies.

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

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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