15% of North Americans don’t do any research before investing in crypto, while 49% spend less than two hours.
Boomers tend to be more cautious, focusing on technical factors and inspecting the market a few days before diving into it.The cryptocurrency exchange – Bybit – and the consumer intelligence platform – Toluna –over 10,000 individuals to determine whether they follow appropriate due diligence procedures prior to allocating funds in digital currencies.
Younger generations are more likely to neglect the due diligence process than the older. 33% of Gen X and 47% of Boomers spend at least a few days before investing in a cryptocurrency project.The study further revealed that over 1,700 of the participants have already bought digital assets. 50% don’t view stricter regulatory standards as a concern, while 25% would support enhanced supervision on centralized exchanges to get additional protection.
Only through education people can see the difference between crypto and Bitcoin, btc and fiat. No due diligence leads to poor investment decisions.☹️
I think that's why Bitcoin is rising so well, in that new investors are coming in and going straight to Bitcoin and not having any idea what its abilities / functionality are. Could crash deep, and soon
That's terrifying
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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.
No. 16 Auburn Beats LSU 67-49, Extends Win Streak to 4 Games - Alabama NewsWendell Green Jr. and Jaylin Williams each scored 14 points to lead No. 16 Auburn to its fourth straight victory, 67-49 over LSU on Wednesday night. auburnbasketball auburntigers alabamanewsnetwork
Source: ALNewsNetwork - 🏆 583. / 51 Read more »
US Coast Guard searching for missing man last seen near north Jamaica Beach on FridayAuthorities say 49-year-old Barry Baham was reported departing on his 12-15-foot white fishing kayak north of Jamaica Beach Friday and was due to return at 4 p.m.
Source: abc13houston - 🏆 255. / 63 Read more »
Ohio State’s 2023 Spring Game Scheduled for April 15Ohio State’s 2023 spring game at Ohio Stadium is scheduled for April 15. Tickets will go on sale Feb. 10. I love the bucks izstid let’s go
Source: 11W - 🏆 384. / 55 Read more »
Girl, 15, lured by man while walking in HermosaChicago police are looking for a man who tried to lure a teenage girl Tuesday evening in the Hermosa neighborhood on the city's Northwest Side.
Source: fox32news - 🏆 547. / 51 Read more »
Letter: One thing’s for sure about the gondola and I-15 expansionI’m stoked about the number of jobs UDOT is creating with two high-visibility projects designed to reduce traffic congestion: a gondola up Little Cottonwood Canyon and widening Interstate 15 between Farmington and Salt Lake City. Nope This is why the gondola is a joke. The resort parking will still be full by 9a. Yes the gondola would work! And promote clean air
Source: sltrib - 🏆 316. / 61 Read more »
Poll: Trump's Net Favorability Rating Surged 15 Points Since Early DecemberFormer President Donald J. Trump has gained some 15 points in his net-favorability rating in just over a month, according to a poll. Needs to continue stick to red meat issues Trump's popularity is still good despite his legal troubles. Lol because he’s been off social media. Except that fake one he owns
Source: BreitbartNews - 🏆 610. / 51 Read more »