Investment Reviews CEO answers the most frequently asked questions about investing in crypto, stocks and bonds
Last Friday (March 3), investment education website Investing Reviews revealed the results of a study of the most Googled questions about investing and the answers given by CEO Simon Jones to ten of the most popular questions.
According to the findings of Investing Review’s research, the question “How do I invest in cryptocurrency?” is the most Googled investment-related question, which is a sign of the growing interest in the asset class.
Jones says that cryptocurrency can be invested through various cryptocurrency exchanges, with Coinbase and Binance being two of the most popular options. However, he points out that it is crucial to do thorough research and exercise caution before investing, as the cryptocurrency market is known for its volatility.
The study also shows that investors are keen to learn more about starting to invest, how much to invest when they start, and what to invest in. These questions suggest that many individuals are still relatively new to investing and may be looking for guidance on how to get them started.
Added to this is the fact that the question “What is passive investing?” is one of the most Googled investment-related questions is remarkable. Passive investing is a strategy that aims to maximize returns while minimizing buying and selling. This long-term approach to investing may appeal to those looking for a simpler and less hands-on investment approach.
The study also reveals that investors are keen to know how to act safely and the safest investment options. As for the latter, Jones says it’s important to note that any investment carries some risk. However, he points out that certain investments, such as real estate, have a more reliable track record of growing one’s money.
Two of the ten most frequently Googled investment questions were about cryptocurrency. In particular, the 7th most common question (31,100 combined monthly global searches) was “Is cryptocurrency a good investment?”.
This was the Investing Review chief’s response:
“The cryptocurrency market is notoriously volatile and while this can mean you can get a quick return and make money quickly; you can risk losing it just as quickly. Therefore, investing in cryptocurrency can require a lot of time and effort, and if this is not something you can commit to, it may be worth looking at investing in something else. There are cryptocurrencies like Bitcoin that are generally considered more “stable” than others like Dogecoin, but caution should still be exercised.“
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