New American crypto investors cited 'friend suggestion' as one of the primary reasons for dipping their toes into the crypto waters in 2022, a survey reveals.
Influence from friends and the fear of missing out were some of the reasons investors bought crypto for the first time in 2022, according to a survey by a United States financial regulator.by the United States Financial Industry Regulatory Authority Investor Education Foundation in late April, the survey found that a large portion of new cryptocurrency investors cited"friend suggestion" as the primary reason for their foray into crypto.
This is compared to only 8% for first-time equities or bond investors, potentially indicating that there is"a social element to cryptocurrency investing not evident in equities or bond investing," according to FINRA.for making a move into the crypto market at 24%, similar to equities and bond investors.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China's ride-hailing giant Didi reports 19% drop in revenue in 2022, citing CovidChina imposed stringent Covid restrictions across the country last year that had hammered its economy. It lifted those restrictions in December last year.
Read more »
China's Didi sees 2022 revenue hit by COVID, net loss narrowsChinese ride hailing giant Didi Global on Saturday reported a 19% year-on-year fall in 2022 revenue, as the country’s COVID lockdowns and a regulatory crackdown took a toll.
Read more »
No, Volodymyr Zelenskyy Did Not Wear a Nazi Symbol🚨 This false rumor is a prominent example of the ludicrous conspiracy theory accusing Ukrainian President Volodymyr Zelenskyy of being a neo-Nazi, or holding views sympathetic towards Nazism.
Read more »
Columbus declared gun violence a public health crisis in 2022. What's changed since then?Columbus Mayor Andrew J. Ginther made gun violence a public health crisis in 2022.
Read more »
Zack Wheeler to Pitch in Houston for First Time Since Controversial End to 2022 World SeriesZack Wheeler is back on the mound Saturday in Houston for the first time since being pulled at 70 pitches in the World Series. 'I don't think I'll ever be over that, to be honest, just because I felt so good,' he said.
Read more »
Ex-CFO Sentenced 3 Years in Prison for Stealing from SPACs to Trade Meme Stocks, CryptoMorgenthau was fired from the African Gold in August 2022.
Read more »