According to a study conducted with data from 15,000 investors using two German banks:


When the same individuals trade on their phones instead of a computer:
• they buy more volatile stocks
• they chase stocks that have recently skyrocketed
• they turn to speculative stocks like "lottery tickets"
Researchers believe that the phone screen makes investment behavior more impulsive.
This essentially confirms something we've been saying for years about crypto: serious investors should always make transactions on a PC.
If you're not researching what happened in one tab and checking price history, current analyses, etc., in another tab, you're probably scrolling on your phone and seeing someone on social media say "buy," and the chances of a successful trade are quite low…
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