August 31, 2021
1. Do you have one or more online trading or investment accounts?
Yes, I have one or more accounts that I access online, either using a computer or a mobile app but I also access the account(s) in other ways (e.g., by calling or visiting in person).
2. If your response to Question 1 is Yes, do you think you would trade or invest if you could not do so online using a computer or using a mobile app?
No
3. On average, how often do you access your online account?
Daily/more than once a day
4. On average, how often are trades made in your online account, whether by you or someone else?
Daily/more than once a day.
5. If you access your account online, did you have the account first, and only began to access it electronically later? Or did you open the account with the idea that you would access it electronically immediately?
I had a pre-existing account and downloaded an app or visited a website to access my account
6. My goals for trading or investing in my online account are (check all that apply):
Keep the amount of money I have, while keeping up with inflation
Save and grow my money for short-term goals (in the next year or two)
Save and grow my money for medium- to long-term goals
Have fun
7. What would you like us to know about your experience with the features of your online trading or investment platform? (Examples of features are: social networking tools games, streaks, or contests with prizes points, badges, and leaderboards notifications celebrations for trading visual cues, like changing colors ideas presented at order placement or other curated lists or features subscription and membership tiers or chatbots.)
Although very good for experiencing widespread investment funds, the use of autonomous smart contracts (even those applied in crypto) can cause massive overloads of payments and purchases unknowingly to the owner. This creates a scary opportunity for enemies of the United States to enter into some of our most confidential sectors and creates a runaway \"money train\" that could potentially create a massive amount of funds being directed without knowing where it is headed exactly until fully traced.
8. If you were trading or investing prior to using an online account, how have your investing and trading behaviors changed since you started using your online account? (For example, the amount of money you have invested, your interest in learning about investing and saving for retirement, the amount of time you have spent trading, your knowledge of financial products, the number of trades you have made, the amount of money you have made in trading, your knowledge of the markets, the number of different types of financial products you have traded, or your use of margin.)
Dramatically affected my interests in trading, grew my interests in the stock market rules and regulations, and introduced me to a whole new set of skills by learning online from knowledgeable professionals.
9. How much experience do you have trading or investing in the following products (None, 12 months, 1-2 years, 2-5 years, 5+ years):
Stocks : Less Than 12 Months
Bonds : Less Than 12 Months
Options : Less Than 12 Months
Mutual Funds : Less Than 12 Months
ETFs : Less Than 12 Months
Futures : Less Than 12 Months
Cryptocurrencies : 2-5 Years
Commodities : Less Than 12 Months
ClosedEnd Funds : Less Than 12 Months
Money Market Funds : Less Than 12 Months
Variable Insurance Products : Less Than 12 Months
Business Development Companies : Less Than 12 Months
Unit Investment Trusts : Less Than 12 Months
10. What is your understanding, if any, of the circumstances under which trading or investing in your account can be suspended or restricted?
Almost none. With so much knowledge needing to be obtained to trade in general, the rules of the SEC almost took a backseat to the requirements of each individual firm or brokerage.
11. What else would you like us to know positive or negative - about your experience with online trading and investing?
Starting out in crypto, my understanding of coding was already higher than most, however the way I obtained my investments and the way I was informed of those investments was almost impossible to figure out. With no real training available, and a lack of knowledge in the industry. It caused Alot of empty answers, and issues with staying compliant.