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CoinLedger Report of 500,000 Users: The Average Return for Cryptocurrency Investors in 2023 is $887.6

CoinLedger Report of 500,000 Users: The Average Return for Cryptocurrency Investors in 2023 is $887.6

2024/02/07 03:36
According to Cointelegraph, data from cryptocurrency tax software provider CoinLedger shows that in 2023, cryptocurrency investors made an average net profit of nearly $900 from selling cryptocurrencies, a stark contrast to 2022. In 2022, several cryptocurrency companies went bankrupt and investors lost billions of dollars. CoinLedger analyzed the reports of its 500,000 users and found that on average each cryptocurrency investor made a realized gain of $887.60 in 2023. As the industry began to recover, things improved. CoinLedger added: "This is a stark contrast to 2022 - in that year, the median cryptocurrency investor had a loss of $7102."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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