crypto ‘trading’ is far more accessible to the public than stocks trading

many developing countries (this includes my own) accessing and participating in cryptocurrency markets has become easier compared to traditional stock markets. This is because the easy accessibility as there is many p2p platform.. also the including regulatory dynamics, technological advancement

I think it is really wonderful to witness that how cryptocurrencies have became so much accesible to the public more than stock..

I think this will introduce many people to the financial market as I think the techinical analysis (TA) is somehow the same on all financial market

the relatively lower barrier to entry is the key and I hope that it stays as that. know-your-customer(kyc) is somehow easier than stocks apps. yes it depends on kyc level and I hope it didn't become tighter in the future…

matter the fact; there is internal investigation in binance as there were rumors that they bypass KYC for some people (source: https://cointelegraph.com/news/binance-launches-internal-investigation-following-kyc-bypass-rumors)

hopefully tho, those traders learn how to manage their positions right and don't buy in the FOMO narrative.

tl;dr the complex regulations of stocks giving that cryptocurrency markets are more inclusive made it easier for more people to get introduced to financial products.