Americans ready to pour $40 billion into bitcoin and the stock market as stimulus checks arrive: survey

Americans ready to pour $40 billion into bitcoin and the stock market as stimulus checks arrive: survey

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  1. The world is opening up. Theme parks, cruises, travel, hotels, restaurants, movies. Bills are also coming due. Majority of Americans aren’t going to dump their stimulus checks into crypto and HODL for the next 4 years. This isn’t November 2020. Everybody will be able to get a vaccine by this summer. Articles like these are wishful thinking trying to prop up the markets.

  2. Who is spamming this bullshit about stimulus being poured into Crypto. The checks are out, they have been distributed and people did not spend it on space coins. The verdict is out…. direct deposit was on the 17th, today is the 21st. It had zero effect on the Cyrpto space.

    “Survey says” this was a load of crap. Most people paid rent, bills, bought diapers for thier kids, paid hospital bills, and put it in their savings. The 1% who even know what Crypto, like us, put it in this market.

    Average people absolutely without a doubt did not. This is FOMO bullcrap “news”.

  3. In before some redditor says, “if you starve your family for months and buy crypto with your $1400 stimulus check, it will be worth $10,000 by end of the year. I will starve my family too, remember we are in this together.”

  4. Al my bills were paid and I was going to put some in BTC but Friday my water softener unit died and Monday my water heater! Wednesday deposit stimmy Poof no more stimmy lol my luck! But I guess it was money well spent!

  5. Ah, more Americans putting money into crypto they don’t otherwise need, which could go to helping those that do, or at least, propping up an economy! Only in America (thankfully)

  6. tldr; A Mizuho Securities survey found that two out of five recipients of COVID-19 stimulus checks plan to invest at least some part of the proceeds into bitcoin and stocks. Around 10% of the total gross payments, or around $40 billion of the $380 billion in direct checks, could be allocated to the world’s most popular digital asset and stock purchases.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  7. The optimists: yey I’ll buy some stuffs with me free money!!!

    People with brains: shit, my country is so financially broken that it’s just had to print over a trillion dollars to loan to its citizens, only to be paid back through cutbacks and higher taxes.

  8. Another unverified survey, carried out buy a lesser known two-bit website, somehow insinuating every American is all of a sudden an investor and into crypto.

    The amount of people *actually* believing this is genuinely worrying.

  9. There are a lot of Americans who received stimies they did not need because they did not lose any pay during the plague. Some of that money will be spent on fun stuff. Some on home improvement projects. Some saved. And some on investments. I know for a fact Americans are putting stimi money into things like crypto and ETFs. These people are in my circle. I’ve seen them do it.



What do you think?


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