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Over 75% of cryptocurrency traders made money in first half, says report

16 August, 2023 | 
Pureprofile 

Originally published: The Armchair Trader, 8 August 2023

More than three out of four crypto traders have made money in the first half of the year as retail investment in the digital assets market grows, according to new international research from GNY, a blockchain-based machine learning business.

GNY, which has developed the free AI-powered Range Report, a machine learning tool designed specifically to forecast the volatility of the 12 top cryptocurrencies by leveraging multiple data points and advanced algorithms, questioned non-professional traders trading at least $5,000 a month on cryptocurrencies.

GNY.IO commissioned the independent research company Pureprofile to survey 100 cryptocurrency traders who trade at least $5,000 a month. The survey was conducted in July 2023 with respondents from the UK, US, Germany, Brazil, Hong Kong, Singapore, UAE and South Africa.

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