Do most people lose money in crypto?

Crypto investing can be a risky business, often leading to investors losing more money than they make. This isn't just anecdotal evidence, but a finding backed up by our recent survey.

Our survey reveals that among those who have owned cryptocurrencies, a significant 28% sold their crypto for more than its original value. This group managed to capitalize on the volatile nature of the crypto market, timing their sales perfectly.

However, a larger proportion of investors - 38% - sold their crypto for less than they paid for it. This suggests that many investors failed to correctly predict the market's direction, resulting in losses.

Another 13% of investors managed to break even, neither making nor losing money from their crypto investments. While this may seem like a successful outcome, it essentially means they missed out on potential profits from other more profitable investments.

BTCC, a UK-based cryptocurrency exchange, offers investors a platform to buy, sell, and trade cryptocurrencies securely. BTCC's services include a range of trading tools, market analysis, and secure storage solutions to help investors make informed decisions.