Data suggests that some low-paid members of the workforce are quitting their jobs after making life-changing crypto gains.
Analytics firm Civic Science posted survey results (weighted according to United States census data) on Monday, which shows that 4% of 6,741 respondents aged 18 and over had quit their jobs in the past year due to “financial freedom” earned by investing in crypto assets.
Civic then cross-referenced the 4% figure with data from 1,201 respondents based on their annual income who had quit their jobs due to crypto gains.
Almost two-thirds of those who had quit their jobs due to “mad gainz” earned under $50,000 per year — 27% of those earning less than $25,000, while 37% had a total income of between $25,000 and $50,000. Meanwhile, 15% of those tossing in jobs thanks to crypto had an income between $50,000 and $75,000, 13% between $75,000 and $150,000, and 8% with $150,000 or more.START TRADING CRYPTO