March 7, 2022 – LocalNewsOnly
Here’s a glimpse at what U.S. investment app user respondents in the South said:
- Two-thirds (66%) of investment app users in the South first began investing during the pandemic (compared to 66% of all U.S. investment app user respondents)
- More than two-thirds (72%) plan to invest more money using investment apps this year than they did in 2021 (compared to 60% of all U.S. investment app user respondents)
- More than three-quarters (82.5%) have invested in crypto (compared to 78% of all U.S. investment app user respondents)
- More than one-third (39%) bought crypto for the first time in 2021 (compared to 32% of all U.S. investment app user respondents)
- More than one-third (38%) say a celebrity has influenced their decision to buy crypto (compared to 45% of all U.S. investment app user respondents)
- Nearly half (48%) say they could be persuaded to to buy an investment based on Elon Musk’s tweets (compared to 44% of all U.S. investment app user respondents)
For more data insights from The Penny Hoarder’s latest survey, check out our overall survey data on investment app users here, our survey data on crypto investors here, and our survey data on the impact of celebrities influencing investment app users’ decisions here.
