A recent CoinCorner report reveals that UK Bitcoin investors are primarily employing a long-term HODL strategy; 51% have never sold any Bitcoin. The report, based on a survey of 2,000 users, illustrates that most transactions are buys, with an average of £412 per buy compared to £5,513 per sell. The data indicates a trend where users accumulate Bitcoin regularly while selling only during price surges. Furthermore, the demographic insights reveal a mature user base, primarily aged 35-54, challenging traditional views about Bitcoin traders. Notably, 97% of users are currently in profit, emphasizing the benefits of a strategic long-term approach.
The report reveals that 51% of UK Bitcoin investors never sold their Bitcoin, demonstrating a long-term HODL strategy among users.
Most transactions (86%) were purchases, indicating users are accumulating more Bitcoin regularly rather than making quick sales.
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