Who trades cryptocurrencies, how do they trade it, and how do they perform? Evidence from brokerage accounts
T. Hasso, M. Pelster, B. Breitmayer, Journal of Behavioral and Experimental Finance 23 (2019) 64–74.
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Journal Article
| Published
| English
Author
Hasso, Tim;
Pelster, MatthiasLibreCat ;
Breitmayer, Bastian
Department
Abstract
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.
Publishing Year
Journal Title
Journal of Behavioral and Experimental Finance
Volume
23
Page
64-74
LibreCat-ID
Cite this
Hasso T, Pelster M, Breitmayer B. Who trades cryptocurrencies, how do they trade it, and how do they perform? Evidence from brokerage accounts. Journal of Behavioral and Experimental Finance. 2019;23:64-74. doi:10.1016/j.jbef.2019.04.009
Hasso, T., Pelster, M., & Breitmayer, B. (2019). Who trades cryptocurrencies, how do they trade it, and how do they perform? Evidence from brokerage accounts. Journal of Behavioral and Experimental Finance, 23, 64–74. https://doi.org/10.1016/j.jbef.2019.04.009
@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={10.1016/j.jbef.2019.04.009}, journal={Journal of Behavioral and Experimental Finance}, publisher={Elsevier}, author={Hasso, Tim and Pelster, Matthias and Breitmayer, Bastian}, year={2019}, pages={64–74} }
Hasso, Tim, Matthias Pelster, and Bastian Breitmayer. “Who Trades Cryptocurrencies, How Do They Trade It, and How Do They Perform? Evidence from Brokerage Accounts.” Journal of Behavioral and Experimental Finance 23 (2019): 64–74. https://doi.org/10.1016/j.jbef.2019.04.009.
T. Hasso, M. Pelster, and B. Breitmayer, “Who trades cryptocurrencies, how do they trade it, and how do they perform? Evidence from brokerage accounts,” Journal of Behavioral and Experimental Finance, vol. 23, pp. 64–74, 2019.
Hasso, Tim, et al. “Who Trades Cryptocurrencies, How Do They Trade It, and How Do They Perform? Evidence from Brokerage Accounts.” Journal of Behavioral and Experimental Finance, vol. 23, Elsevier, 2019, pp. 64–74, doi:10.1016/j.jbef.2019.04.009.