Over time, have more people made money, or lost money, through investing in crypto?

06 July 2022

Question by J

Over time, have more people made money, or lost money, through investing in crypto?


Answered by Boring Money

Hi J,

It is likely that we will never know the answer to this.

Over time I have come to realise that people are very keen to tell you about the investments where they made money but are quieter when it comes to the losses.

Everyone seems to know someone who knows someone who has made money on crypto but I have not met the people who have actually made money.

I suspect that in the long run, there will be more individuals who have lost money on crypto than have made.

Only time will tell.

Kind regards

Joshua Gerstler
FPFS, Cert SMP, FCA
Chartered Financial Planner

Answered by

Boring Money