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by mdm12 1442 days ago
Apparently, the average investor's position for BTC in Coinbase is around 21k, per some Mizuho survey: https://www.investing.com/news/stock-market-news/survey-show.... So, many folks are underwater on their so-called 'investment'.
1 comments
Retric 1442 days ago
Average is generally a poor way of approximating monetary distributions. If 6 people buy in at 15k and 1 person buys in at 60k they average to 21.5k.

That said, clearly a lot of people are underwater.

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mdm12 1442 days ago
It was the only data point I could find, but fair point. I amended my comment for pedantic's sake :)
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