JUST IN: 58% of novice investors use social media to make decisions.

Research by the Financial Education Alliance revealed that most young people starting to invest make decisions based on viral trends.
The data shows that many buy assets only after seeing significant price increases on their favorite social media platforms, entering the market due to peer pressure and fear of missing out (FOMO).
As a result, they buy at high prices, take unnecessary risks, and often sell at a loss when the trend changes.