Over the past few years, Reddit has emerged as a valuable resource for investors worldwide. The scale of Reddit has allowed an abundance of investment-related groups to flourish, enabling would-be investors to obtain information that can aid them in making effective decisions.

With that in mind, this guide discusses how to invest according to Reddit, covering a selection of Reddit’s hottest investment prospects before exploring which asset could be the best for 2022, according to Redditors.

How to Invest in Crypto According to Reddit

Those researching how to invest according to Reddit will likely find that cryptocurrency is regularly mentioned on various subreddits. Some of the most promising cryptocurrencies were popularized through Reddit, driven by support from retail traders.

There is a wide selection of Reddit crypto investment groups, each focusing on a specific strategy or subset of the market. By reviewing these groups, would-be investors can identify high-potential assets – whilst also avoiding investments that may turn out to be ‘rug pulls’.

Crypto investors eager to discover what to invest in right now on Reddit may wish to use the information presented on the following subreddits:

• r/CryptoCurrency – This subreddit is the central ‘hub’ of crypto-related discussion, exploring all areas of the market. Investors looking to buy cryptocurrency will find in-depth research and analysis on hundreds of projects, which can help inform investment decisions. With over 5.3 million members, this subreddit is ideal for gauging daily market sentiment.
• r/binance – This Reddit investment group focuses primarily on assets listed on Binance – the world’s largest crypto exchange as measured by trading volume. Most of the best altcoins are hosted on Binance, meaning this subreddit is an excellent resource for investors looking to gain insight into the future potential of certain assets.
• r/SatoshiStreetBets – Finally, those looking for the best crypto to invest in according to Reddit may wish to utilize the SatoshiStreetBets subreddit. This subreddit tends to focus on the best penny crypto projects – albeit in a fun and humorous manner.

For those wondering how to invest $25k, as well as the best ways to invest $500k the aforementioned subreddits may provide some good ideas as to where most traders are investing money nowadays.

One thing all of these subreddits have in common is that they often uncover exciting new crypto projects with high returns potential. A frontrunner for the best investment according to Reddit at the time of writing, is IMPT –  an Ethereum-based cryptocurrency project that aims to reduce an individual’s carbon footprint from the atmosphere.

IMPT lets users purchase Carbon Credits – which represent a certain amount of carbon emissions to be removed from the atmosphere. On the IMPT platform, there are minted as NFTs and can be bought with IMPT tokens. The IMPT project partners with thousands of businesses, who set aside a portion of their sales margin for environmental-friendly projects.

The sales margin is offered as IMPT tokens to customers who access these brands via the IMPT shopping platform. The tokens can be leveraged to buy the Carbon Credits – which can be traded like any regular investment. Promoting socially responsible investing, IMPT lets holders burn these Credits to remove the emissions they represent.

Currently, IMPT is trading on its first presale round for $0.018 per token. With 20% of the 3 billion token supply available for the ongoing round, IMPT has already sold 221 million tokens and raised nearly $4 million.

Another asset popularized through Reddit is Tamadoge – a play-to-earn ecosystem which offers playable NFT avatars and multiple P2E environments. After raising $19 million during its presale, Tamadoge has released on OKX – one of the largest cryptocurrency exchanges in the space.

How to Invest in Stocks According to Reddit

Buying stocks is another popular strategy in regards to how to invest according to Reddit. Reddit investing for beginners tends to focus on stocks, as this asset class is highly accessible and doesn’t require much capital to get started.

Many of the most undervalued stocks have reached great heights thanks to the buzz generated by Redditors – with GameStop being a famous example. However, due to the size of the stock market, it’s vital to conduct due diligence to ensure that any prospective asset has long-term potential.

Those interested in investing in stocks according to Reddit may wish to consider participating in the following subreddits:

• r/wallstreetbets – The WallStreetBets subreddit has become synonymous with Reddit investors as it acts as the main hub to discuss both established stocks and penny stocks. With over 12.5 million members, WallStreetBets offers light-hearted analysis of various assets – with most members focusing on ‘meme stocks’ like AMC, GameStop, and Blackberry.
• r/investing – Those looking for more profound analysis may wish to participate in the Investing subreddit. Members of this group are focused on finding the best stocks to invest in 2022 on Reddit, primarily through in-depth research and analysis. In addition, r/investing is a great place to find information on what’s happening in the broader economy.
• r/StockMarket – Finally, the StockMarket subreddit is an excellent place for those wondering how to invest $1,000 (or any amount) in the equity market. This subreddit eradicates all of the ‘spam’ posts associated with other groups, focusing only on serious discussions. Notably, members of this subreddit take an objective approach and are unafraid to point out times when certain popular companies are a poor investment; for example, when Amazon’s Q1 2022 earnings report hinted at a slowdown in growth.

Investors looking for the best ways to invest $250k might consider the stock markets as a viable option.

Reddit Groups for Investing in Other Assets

Although discussions on how to invest according to Reddit tend to focus on cryptocurrencies and stocks, there are subreddits dedicated to alternative asset classes. Let’s take a closer look at some of the most prominent subreddits and what they can offer members:

NFT Investing

The NFT subreddit (r/NFT) is a group dedicated to popularizing non-fungible tokens. Not only that, but r/NFT members focus on the concept of Web 3.0 as a whole, exploring how NFTs can integrate with future platforms.

Although those looking for the best penny cryptocurrency to invest in 2022 according to Reddit may have to look elsewhere, r/NFT threads do tend to highlight popular assets – such as the recently-released Reddit Avatar NFTs. Thus, investors looking to make money with NFTs may find the discussions on this subreddit extremely valuable.

ETF Investing

Those wondering how to invest according to Reddit may also be interested in r/ETFs – a subreddit dedicated to exchange-traded funds. Although this subreddit only has around 80,000 members, it’s an ideal place for passive investors with a long-term investment horizon to identify securities which meet their needs.

Investors researching how to trade ETFs can use this subreddit’s handy resources to streamline the process. Moreover, r/ETFs has a mixture of beginners and advanced investors participating in the group – with newcomers often posting threads about which assets to consider adding to their portfolio.

Commodities Investing

As the name suggests, r/Commodities is a subreddit dedicated to investors interested in the commodity markets. Some of the assets discussed regularly on this subreddit include gold, wheat, oil, and natural gas. Notably, the discussion on this group tends to focus on the economy as a whole – so it may be better suited to investors with more experience in the market.

Many top investing podcasts on Reddit promote commodities as a great way to diversify an investment portfolio, prompting market participants to look into how to trade gold and other similar assets. In addition, investing in commodities tends to be popular in high-inflation environments, as they can provide positive returns when the stock and bond markets are struggling.

Bond Investing

Finally, r/bonds is a subreddit dedicated to discussing fixed-income securities. These securities include the likes of Treasury bonds, municipal bonds, corporate bonds, and Certificates of Deposit (CDs).

Given that bonds are an asset class that is popular with experienced investors, the discussion on this subreddit is often advanced and uses terminology that may be alien to beginner investors. However, would-be fixed-income investors wondering how to invest according to Reddit can still search for historical threads that offer insight into investing in bonds for the first time.

Best Investment App According to Reddit

Now that we’ve highlighted some of the most popular investment groups, let’s discuss the best investing app according to Reddit. As expected, subreddits like r/RobinHood promote the platforms that share their name. However, this often means that discussion is biased towards that platform when there could be others offering better services.

One investment app that has featured on the popular r/WallStreetBets and r/stocks subreddits in the past is eToro. Many investors may have already heard of eToro, as this platform is one of the largest in the world, boasting more than 28 million registered users.

Much of eToro’s appeal comes from its stellar reputation regarding safety, thanks to regulation from entities such as the FCA, ASIC, CySEC, FinCEN, and FINRA. Using the eToro app, investors can open positions in various asset classes, including currencies, stocks, indices, ETFs, commodities, and cryptocurrencies.

The feature which makes eToro one of the best investing apps is the platform’s cost-effective fee structure. eToro charges no commissions when investors buy or sell stocks, indices, currencies, and ETFs, whilst crypto trading comes with a flat 1% fee (plus the bid-ask spread). Notably, eToro also has no deposit or monthly account fees to contend with.

The eToro app itself is incredibly user-friendly, featuring real-time price charts, numerous order types, and instant price alerts. Users can also fund their accounts easily and from just $10 using a credit/debit card, bank transfer, or e-wallet – with full support for PayPal, Skrill, and Neteller.

Finally, eToro is also one of the best copy trading platforms out there, thanks to its innovative ‘CopyTrader’ feature. Using this feature, investors can automatically copy the trades placed by other eToro users without paying any additional fees.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

What is the Best Investment According to Reddit?

In previous years, certain cannabis companies to invest in according to Reddit have provided market-beating returns for early investors – yet these companies have fallen by the wayside in recent months. Nowadays, much of the discussion around the ‘best investments’ is focused on the crypto market due to the enormous potential that many projects have.

As discussed earlier, we recommend IMPT as one of the best investments, according to Reddit. The IMPT platform lets businesses and individual’s contribute to reducing carbon emissions by burning Carbon Credits which represent approximately 1 ton of C02 emissions.

As a reward, IMPT will also offer free NFTs for burning Carbon Credits, which can also be traded on IMPT’s marketplace. To track a participant’s carbon footprint, IMPT will introduce a social platform. According to the IMPT whitepaper, the social platform will offer impact points for sustainable contributions such as burning Credits and receiving more IMPT tokens.

To learn more and stay updated with this new cryptocurrency project, visit the IMPT Telegram Channel.

How to Invest According to Reddit – Conclusion

In conclusion, this guide has taken a detailed look at how to invest according to Reddit, covering the asset classes that are promoted heavily by Redditors before exploring which investment app is the best for both beginners and advanced investors.

Although there are thousands to choose from, one asset that has been heavily discussed on Reddit is IMPT. At the time of writing, Tamadoge has raised nearly $4 million in its first presale round. Available to buy at only $0.018 per token, IMPT combines investment prospects with environmental-friendly practices.

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