Poll: How Well Do You Know Your Crypto’s? 🤔

This week we asked the Invstr Community how many cryptocurrencies they have invested into! The response variation was quite interesting with a very much all-or-nothing trend.

Taking first place, at a grand total of 30% of poll respondents, was 5+ cryptocurrencies! Clearly, the Invstr community cannot get enough crypto and seems to be taking advantage of the new crypto’s Invstr has added in the past few months. This trend makes a lot of sense since many people who get into crypto do not get their foot just half wet, but rather check it out completely in hopes of making some big gains. Some of the most popular cryptos included Bitcoin and Ethereum, as well as some other altcoins such as Ripple.

In second place and with a silver medal we had respondents who have invested in no cryptocurrency at all, at 29%! (a mere 1% behind those investing in 5 or more crypto’s). I guess crypto isn’t for everyone and most Invstr’s are confident in their choice to either commit or not commit.

 Lastly in third and fourth place respectively, we have those who invested in (3-4 cryptos) at 24% and (1-2 cryptos) at 17%. Those in the middle of the pack seem to be in the minority here, but with crypto being such a new space in the grander scheme of the markets it makes sense for Invstr’s to still be cautious in how much they’re investing. It’s also possible that some Invstr’s is very passionate about only a few cryptocurrencies and aren’t huge fans of all altcoins.

Regardless of your choice, it’s clear that the Invstr community is made up of so many unique Invstr’s who each approach crypto differently! Wishing you continued success in the crypto bonanza of 2021!

The Invstr Team

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Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.