Does that mean trading is more popular than social media now?

[AakZaki]

when bitcoin reaches its highest ATH in 2021, people are migrating a lot to crypto and that's why crypto trading has become so popular and surpasses social media which is currently in high demand.

Crypto attracts everyone from individuals, small and large companies, institutions and some big investors.

currently crypto is the talk of all over the world.

[jossiel]

It became popular due to the prices that everyone is seeing. Price of bitcoin, ethereum, BNB, Dogecoin and other cryptocurrencies that have much increased in a short period of it.

That made people to download those trading apps and they all became interested. This incident usually happens when we're in the bull run. People are always interested to the market when it's up but when it's down, not that much news about surge in downloads and searches.

Add to that is also because of the pandemic. Most people are in their home now, some lose their job and looking for a way to earn money. They see those trading platforms to do that and also with the recent increase of cryptocurrencies it would definitely get them interested. I even saw some tiktok videos now shilling some coins to buy. This just means they are also trading on some popular searched platforms. I hope these people did their research well about crypto, market won't always go up. Time will come that bear season will happen and I hope they don't lose more money because of trading. 

Yes, that's another reason why it has gotten the attention through social media. A lot of people became engaged to cryptocurrencies because of those influencers and simple people that have found their way to earn and trade online with it.

But there's more to it because only the good and success stories have been shared and once a newbie starts trading, he/she will find the best and the worst experience upon learning it.

[Fatunad]

It became popular due to the prices that everyone is seeing. Price of bitcoin, ethereum, BNB, Dogecoin and other cryptocurrencies that have much increased in a short period of it.

That made people to download those trading apps and they all became interested. This incident usually happens when we're in the bull run. People are always interested to the market when it's up but when it's down, not that much news about surge in downloads and searches.

Add to that is also because of the pandemic. Most people are in their home now, some lose their job and looking for a way to earn money. They see those trading platforms to do that and also with the recent increase of cryptocurrencies it would definitely get them interested. I even saw some tiktok videos now shilling some coins to buy. This just means they are also trading on some popular searched platforms. I hope these people did their research well about crypto, market won't always go up. Time will come that bear season will happen and I hope they don't lose more money because of trading. 

Yes, that's another reason why it has gotten the attention through social media. A lot of people became engaged to cryptocurrencies because of those influencers and simple people that have found their way to earn and trade online with it.

But there's more to it because only the good and success stories have been shared and once a newbie starts trading, he/she will find the best and the worst experience upon learning it.

Expected that those success stories would be commonly be seen not to those common failures that you can really commit from time to time specially if you are just starting up with this career.
Any forms of advertisement about crypto can always be considered to be good because this do really add up when it comes to awareness and mass adoption.
In the topic about overtaking those famous social media apps then i dont believe that those counts is on the whole numbers but rather up basing on
weekly or monthly basis which it shouldnt really be enough to proclaim about such on whose popular.

[famososMuertos]

Let's forget the ranking ...you perceive it like that (!?)... I think the reality is another.

Sometime I hope people adopt the Blockchain system as they do with social networks but it is inexplicable that they prefer to lose hours and hours wanting to laugh or entertain "free" to the world when with the simple use of any app or wallet we could be taking steps for very large adoption by ordinary people.

Let's say that certain portals do not analyze the data or do not want to do it, Someone added the real numbers.

[ice098]

Yes, that's another reason why it has gotten the attention through social media. A lot of people became engaged to cryptocurrencies because of those influencers and simple people that have found their way to earn and trade online with it.

But there's more to it because only the good and success stories have been shared and once a newbie starts trading, he/she will find the best and the worst experience upon learning it.

I guess it is much better that trading become more popular today than social media because it is much worth it to pay attention and to spend time with, it is a lifetime learning and it is a lifetime skills that everyone can be used to their life than spending whole day scrolling and roaming around everyone's life. Also the mere fact that the crisis we have faced today was really stressed us out, giving other people anxiety and mental disorder so learning trading somehow not that really easy to do but it could really help.

[jossiel]

Yes, that's another reason why it has gotten the attention through social media. A lot of people became engaged to cryptocurrencies because of those influencers and simple people that have found their way to earn and trade online with it.

But there's more to it because only the good and success stories have been shared and once a newbie starts trading, he/she will find the best and the worst experience upon learning it.

I guess it is much better that trading become more popular today than social media because it is much worth it to pay attention and to spend time with, it is a lifetime learning and it is a lifetime skills that everyone can be used to their life than spending whole day scrolling and roaming around everyone's life. Also the mere fact that the crisis we have faced today was really stressed us out, giving other people anxiety and mental disorder so learning trading somehow not that really easy to do but it could really help.

With the use of social media, things and activities like trading can spread across all over the world and those people who are unaware of it can be finally aware and find a career and living on it.

Although not all will be confident as what we're saying but at least there will be those lives that will change their lives forever. Just like in some continents and countries today, trading has helped them with their daily living.

[cyriljundos]

Two trading apps have risen to the top of Apple's App Store in recent days. Robinhood holds the number one position, with Coinbase in second, at the time of publication on Friday. In third: popular social media platform TikTok. YouTube, Instagram and Snapchat hold the fourth, fifth and sixth positions, respectively.

One possible conclusion is that folks are now more interested in swapping crypto and financial assets than they are in interacting on various social media platforms

https://cointelegraph.com/news/trading-apps-usurp-tiktok-in-popularity

Clearly crypto is off with a flying start, and topping the charts will prompt others to check what these apps are all about, meaning sooner or later more people will be jumping on this boat!

I think social media is popular as of trading crypto, bounty projects use social media to advertise and get popularity from people . As of trading also different trading sites promote their platform in order for them to gather trade/players . We all know that rrading altcoin is popular now.

[death69]

Not very surprise to see that Trading becomes quite popular these days. With the increase of technology and the melioration of internet connection, people are free to connect to any term of trading as long as they know how to download it. In my country, the situation is even more ridiculous. People put their money in scam website and then regret why they join trading (but this is not trading, it is 100% scam) while people invest in right website, suffer a huge loss.

Actually, it is human desire to make money as easy as they can in order to be rich in a short time. But what they are in lack of, is obviously the knowledge. They think that trading is easy and by sitting at home and watching TV, they can still earn money. Those recognitions are 100% erroneous. Everything requires hard-work and efforts, sometimes you also need to be luck with your occupation. So even though there is a rise in the number of download, I still feel that not many people are capable of being a verifiable trader

[isaac_clarke22]

I doubt it though. Using Apple Store only as a basis won't give us yet a good conclusion, well some could be concluded like Apple users are all leaning now into crypto, however when I looked into my Google Play Store. Crypto-related apps are nowhere to be found in the Top Charts yet.
Even my favorite online wallet isn't popping up yet.
Assuming OP's holding to this conclusion, I would suggest not to fully conclude to that just yet.

[imstillthebest]

maybe this is not properly categorize but if you will browse the social media category the top used apps are tiktok , fb , youtube and i.g  .
 trading is not for all but everyone uses a social media because it is easy and free  .
trading apps is located in the finance category in my app store and i can see that there are big interest in digital wallets , crypto and non crypto .
social media helps for people to check them out

[conected]

Yes, that's another reason why it has gotten the attention through social media. A lot of people became engaged to cryptocurrencies because of those influencers and simple people that have found their way to earn and trade online with it.

But there's more to it because only the good and success stories have been shared and once a newbie starts trading, he/she will find the best and the worst experience upon learning it.

I guess it is much better that trading become more popular today than social media because it is much worth it to pay attention and to spend time with, it is a lifetime learning and it is a lifetime skills that everyone can be used to their life than spending whole day scrolling and roaming around everyone's life. Also the mere fact that the crisis we have faced today was really stressed us out, giving other people anxiety and mental disorder so learning trading somehow not that really easy to do but it could really help.

- An economic perspective will make trading a worthy choice, but the ability of all members of society to absorb this problem is relatively low due to advertising around the society only focuses on crypto, not thoroughly exploiting the trading field, this concept has too little appeal making it not be of too much interest. The media stands out for being entertained after a stressful day at work and study, most of us prefer to spend our time having fun than studying, very few people have the ambition to make money and look to trading on social networks

[Hypnosis00]

This is not a competition so it is not important for us to know who is more popular and whos not. And this is not the basis to say which one is more profitable or which not. And besides, social media has started a long time ago and we gonna expect that more people know this than crypto trading.
And I think, almost all of us doing social media but only a few people got the interest to do trading. So, it doesn't matter who is popular and who's not, because it was a choice.

[South Park]

I think people are just overreacting. There is no accurate source that can tell that trading is more popular than social media now. And just by using common sense, even we are lurking for crypto for a long, it's difficult to imagine that just by "trading" it defeats the popularity of social media.

Let's pin the word "trading" which is not a comfortable thing to do by others even at those on crypto for long.

And besides, social media does its own purpose so I think the comparison isn't appropriate.

Even if it is obvious that trading is nowhere near as popular as social media this tell us that trading cryptocurrencies is getting more and more popular by the day and it is not difficult to know why, the economic situation in many countries is still dire and many people are trying to find ways to survive and they are seeing in trading a glimmer of hope, unfortunately as we know most of those people will lose their money making their situation even more difficult than what it was before they began trading.

[FanEagle]

besides, social media has started a long time ago and we gonna expect that more people know this than crypto trading.

Orkut was created before facebook but now facebook is a leading social media platform whereas orkut got shut down some years back itself. I mean years of existence is not a major thing here. All the above, comparing social media against crypto trading is not the topic here.

almost all of us doing social media but only a few people got the interest to do trading.

Honestly I am not into any of social media and if you consider telegram is also a social media then I have to say I am not active in any social media even I have registered with few of them.

[kolbalish]

Well, I am sorry but I think the reason why the trading platforms downloads are higher than the social media is that social media has been installed already on their phones. And the one that you saw was the list of the frequently installed apps these days. Meaning to say that, the fact that social media are still part of most downloaded even when it’s already installed on most of the phones means social media are still the mainstream. Instead of following them on Titok, Twitter and Facebook, just make your analysis is far better than them.

Hmm, I furthermore assume so. Currently, most of the social media apps are installed on mobile phones. If you prefer to measure the download, then the number of trading apps will be better, because they are not pre-installed. Nevertheless, it cannot be announced that trading is popular on social media.