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Investment App Users Turn to Social Media, Celebrities for Advice
- February 9, 2022
- Posted by: MasterAdmin
- Category: Altcoins
No CommentsSocial media isn’t just for cute pet pictures and vacation videos. It’s where many investors — especially young ones — get advice about the markets.
From trading stock tips on Twitter to speculating about crypto on Reddit, online platforms influence how we invest our money.
The Penny Hoarder polled nearly 2,000 investment app users in December 2021, and 44% of respondents get investment advice from Facebook.…
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The Penny Hoarder’s Survey of Investment App Users
- February 9, 2022
- Posted by: MasterAdmin
- Category: Altcoins
The fintech revolution is here and investment apps are leading the charge.
Robinhood, Acorns, Betterment and other apps have simplified the investment process for everyday Americans by removing once-common barriers to access, like complex jargon and high trading fees.
Investment apps shook up the archaic financial landscape by giving people user-friendly platforms to access the stock market with as little as $5. …
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New Investment App Users Are Flocking to Crypto, Survey Finds
- February 9, 2022
- Posted by: MasterAdmin
- Category: Altcoins
Investment apps are giving people more ways than ever before to buy and sell cryptocurrency.
Traders in the past were limited to crypto exchanges, like Gemini and BiNance, which feature complex registration and transaction processes that can be intimidating to newcomers.
Apps such as Robinhood, SoFi, Webull, Public and others have simplified the process for retail consumers. These apps act as crypto brokers, placing digital coin orders directly with exchanges on the user’s behalf.…