I think one of the reason aligns with the same reason women tend to be better investors than men. GENERALLY women are more patient, less aggressive, and less overconfident than men are. Honestly, crypto is still a wild ass speculation.... one that I willingly participate in.
I have material positions in cryptocurrency but there is no way anyone can make the argument it is still not in its infancy relative to other types of money. Ten years is nothing with respect to a new currency, and there is still a lot to prove. I am willing to make a speculative investment into crypto but its not because I am sure that I am right, I just have a high risk tolerance.
It’s tough to say without sounding like a sweeping generalization but I do think that women GENERALLY may be more risk adverse than men, specially with respect to investing and this is one of the reasons the demo is so skewed.
Great question @coruscate! I hope we get a lot opinions to shed some light on this :)
Thanks for taking the time to write out your thoughts and share them @goldmatters! One point in my current working hypothesis is about a primal need to feel safe - which really ties into your thoughts on risk aversion.