---
_id: '10103'
abstract:
- lang: eng
  text: 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.
article_type: original
author:
- first_name: Tim
  full_name: Hasso, Tim
  last_name: Hasso
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Bastian
  full_name: Breitmayer, Bastian
  last_name: Breitmayer
citation:
  ama: Hasso T, Pelster M, Breitmayer B. Who trades cryptocurrencies, how do they
    trade it, and how do they perform? Evidence from brokerage accounts. <i>Journal
    of Behavioral and Experimental Finance</i>. 2019;23:64-74. doi:<a href="https://doi.org/10.1016/j.jbef.2019.04.009">10.1016/j.jbef.2019.04.009</a>
  apa: Hasso, T., Pelster, M., &#38; Breitmayer, B. (2019). Who trades cryptocurrencies,
    how do they trade it, and how do they perform? Evidence from brokerage accounts.
    <i>Journal of Behavioral and Experimental Finance</i>, <i>23</i>, 64–74. <a href="https://doi.org/10.1016/j.jbef.2019.04.009">https://doi.org/10.1016/j.jbef.2019.04.009</a>
  bibtex: '@article{Hasso_Pelster_Breitmayer_2019, title={Who trades cryptocurrencies,
    how do they trade it, and how do they perform? Evidence from brokerage accounts},
    volume={23}, DOI={<a href="https://doi.org/10.1016/j.jbef.2019.04.009">10.1016/j.jbef.2019.04.009</a>},
    journal={Journal of Behavioral and Experimental Finance}, publisher={Elsevier},
    author={Hasso, Tim and Pelster, Matthias and Breitmayer, Bastian}, year={2019},
    pages={64–74} }'
  chicago: 'Hasso, Tim, Matthias Pelster, and Bastian Breitmayer. “Who Trades Cryptocurrencies,
    How Do They Trade It, and How Do They Perform? Evidence from Brokerage Accounts.”
    <i>Journal of Behavioral and Experimental Finance</i> 23 (2019): 64–74. <a href="https://doi.org/10.1016/j.jbef.2019.04.009">https://doi.org/10.1016/j.jbef.2019.04.009</a>.'
  ieee: T. Hasso, M. Pelster, and B. Breitmayer, “Who trades cryptocurrencies, how
    do they trade it, and how do they perform? Evidence from brokerage accounts,”
    <i>Journal of Behavioral and Experimental Finance</i>, vol. 23, pp. 64–74, 2019.
  mla: Hasso, Tim, et al. “Who Trades Cryptocurrencies, How Do They Trade It, and
    How Do They Perform? Evidence from Brokerage Accounts.” <i>Journal of Behavioral
    and Experimental Finance</i>, vol. 23, Elsevier, 2019, pp. 64–74, doi:<a href="https://doi.org/10.1016/j.jbef.2019.04.009">10.1016/j.jbef.2019.04.009</a>.
  short: T. Hasso, M. Pelster, B. Breitmayer, Journal of Behavioral and Experimental
    Finance 23 (2019) 64–74.
date_created: 2019-06-04T07:01:34Z
date_updated: 2022-01-06T06:50:29Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.jbef.2019.04.009
intvolume: '        23'
jel:
- G11
keyword:
- Cryptocurrencies Bitcoin Trading Investor returns Demographics
language:
- iso: eng
page: 64-74
publication: Journal of Behavioral and Experimental Finance
publication_status: published
publisher: Elsevier
status: public
title: Who trades cryptocurrencies, how do they trade it, and how do they perform?
  Evidence from brokerage accounts
type: journal_article
user_id: '21810'
volume: 23
year: '2019'
...