96% OF AMERICANS KNOW NOTHING ABOUT CRYPTO
96% OF AMERICANS KNOW NOTHING ABOUT CRYPTO
96% OF AMERICANS KNOW NOTHING ABOUT CRYPTO

Robinhood is in the news again.

On Friday, the trading company unveiled its bitcoin wallet. This project has been underway since last September.

Nearly 2 million users can now buy and hold bitcoin and Ethereum via the wallet.

Now Robinhood users can fully participate in the crypto universe, including purchasing NFTs.

This is a strategic move on Robinhood’s part. And it tells me that it finally understands that crypto is the future.

In fact, Robinhood’s chief product officer, Aparna Chennapragada, commented this week: “Bitcoin is actually the top most recurring buy for our customers, more than even many of the stocks that you think about.”

But with bitcoin going mainstream, how well do any of us understand it?

A survey by CryptoLiteracy.com reveals that a whopping 96% of Americans failed a quiz on crypto basics.

That number went up to 99% for Brazilian and Mexican respondents.

Now, that may not seem like a huge deal. You don’t need to understand crypto if you’re only going to invest in stocks.

Here’s the thing: You’re missing out on massive potential profits if you avoid crypto.

Look at the Terra coin Kalei Poteat recommended in Private Profits This position was sold in thirds, pulling in top gains of:

  • 261% in 45 days.
  • 3,900% in three months.
  • And 18,325% in 13 months on the final partial position.