Poll: Looking Towards the Future 👀

This week we asked the Invstr Community what they think is the biggest threat to those who are investing in cryptocurrency!

29% of the Invstr Community thinks that cyber theft or fraud will jeopardize the capital of cryptocurrency investors. Cryptocurrency assets exist in decentralized and independent online environments, not held back by the rules of banks or governments. While this makes them more accessible to people, it also exposes cryptocurrency to a higher risk of cybercrime.

29% of the Invstr Community believes that government intervention will ultimately be the downfall for cryptocurrency investors. Crypto regulation can be confusingly general or ambiguous. These investors fear that regulation could be overly restrictive and stifle innovation, which makes it difficult to engage with cryptocurrency.

14% of the Invstr Community says that unregulated crypto exchanges will negatively affect cryptocurrency investing. Cyber security issues and online fraud put the Bitcoin investments that people store virtually at risk. These investors think that cyber-attacks can lead to significant losses for an investor with savings in cryptocurrencies.

9% of the Invstr Community thinks the misplacement of private keys will be a threat to cryptocurrency investing. Don’t ever lose your private key. It makes it very difficult to retrieve access to your funds. No private keys, no cryptocurrency.

19% of the Invstr Community suppose that the major dip in prices will be the biggest hazard for cryptocurrency investors. As cryptocurrency is very high in volatility, investors think that this downward trend will continue. These investors feel that people wouldn’t want the risk of cryptocurrency crashing and they could be out of their funds in a blink of an eye.

The Invstr Team 🙂

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Risk Disclosure:

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.