{"id":3379,"date":"2025-05-14T17:17:37","date_gmt":"2025-05-14T17:17:37","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/05\/14\/majority-of-uk-bitcoin-users-have-never-sold-coincorner-report-shows\/"},"modified":"2025-05-14T17:17:37","modified_gmt":"2025-05-14T17:17:37","slug":"majority-of-uk-bitcoin-users-have-never-sold-coincorner-report-shows","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/05\/14\/majority-of-uk-bitcoin-users-have-never-sold-coincorner-report-shows\/","title":{"rendered":"Majority of UK Bitcoin Users Have Never Sold, CoinCorner Report Shows\u00a0"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/majority-of-uk-bitcoin-users-have-never-sold-coincorner-report-shows\">Majority of UK Bitcoin Users Have Never Sold, CoinCorner Report Shows\u00a0<\/a><\/p>\n<div><\/div>\n<p>A new <a href=\"https:\/\/blog.coincorner.com\/uk-customer-report-bitcoin-2024-46efe522a240\" target=\"_blank\">report<\/a> from <a href=\"https:\/\/www.coincorner.com\/\" target=\"_blank\">CoinCorner<\/a> reveals that most UK <a href=\"https:\/\/bitcoinmagazine.com\/guides\/how-to-sell-bitcoin\">Bitcoin<\/a> investors are playing the long game. According to its 2024 UK Customer Report based on a sample of 2,000 users, 51% of customers have never sold their Bitcoin. Instead, they\u2019re consistently buying in small amounts, embracing <a href=\"https:\/\/bitcoinmagazine.com\/takes\/buying-bitcoin-is-easy-hodling-is-the-hard-part\">the HODL strategy<\/a>. <\/p>\n<p>\u201cThe 2024 Bitcoin analysis revealed that our sample tended to buy in small, frequent amounts and sell in larger, more significant transactions, strategically reacting to Bitcoin\u2019s price movement,\u201d the report explains.<\/p>\n<p>On average, users bought \u00a3412 worth of Bitcoin per transaction, with some starting as low as \u00a35. Meanwhile, the average sell was \u00a35,513 (10x higher) indicating that customers are accumulating on a regular basis and only selling during strong price surges. This behavior aligned closely with <a href=\"https:\/\/bitcoinmagazine.com\/markets\/on-chain-data-shows-the-bitcoin-price-bull-run-is-far-from-over\">Bitcoin\u2019s market highs in 2024<\/a>.<\/p>\n<p>A staggering 86% of all transactions were buys, reinforcing the accumulation trend. Even more telling: 88% of customers bought more than once, and 51% have been buying Bitcoin for over three years.<\/p>\n<p>Demographics in the report also challenge stereotypes. Instead of the usual young, risk-driven image of crypto traders, 56% of CoinCorner users fall within the 35\u201354 age range. The report notes, \u201cThis suggests CoinCorner\u2026 attracts a more mature and financially established user base.\u201d\u00a0<\/p>\n<p>Regionally, London led both in user count and total transaction volume, likely due to higher average savings in the capital. Male users made up 86% of the sample, and those working in IT held the largest portion of Bitcoin, while retirees recorded the highest overall transactional volume.<\/p>\n<p>At the end of 2024, 97% of users who had only bought and sold Bitcoin through CoinCorner were in profit. This result underscores how long-term engagement and strategic buying patterns are paying off. Even among smaller investors (56% of whom held under \u00a31,000) conviction remains strong. In the chart below, you can see the results over the last seven years.\u00a0<\/p>\n<p>As Bitcoin adoption grows in the UK, CoinCorner\u2019s data shows that investors are treating it more like <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-vs-gold-1395264628\">digital gold<\/a> than a get-rich-quick scheme. \u201cThese insights reinforce Bitcoin\u2019s evolving role in the financial landscape,\u201d the report concludes, \u201cbalancing steady accumulation with active, strategic engagement.\u201d\u00a0<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/majority-of-uk-bitcoin-users-have-never-sold-coincorner-report-shows\">Majority of UK Bitcoin Users Have Never Sold, CoinCorner Report Shows\u00a0<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/jennamontgomery\">Jenna Montgomery<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Majority of UK Bitcoin Users Have Never Sold, CoinCorner Report Shows\u00a0 A new report from CoinCorner reveals that most UK Bitcoin investors are playing the long game. According to its 2024 UK Customer Report based on a sample of 2,000 users, 51% of customers have never sold their Bitcoin. Instead, they\u2019re consistently buying [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":3380,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-3379","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=3379"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/3380"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=3379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=3379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=3379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}