Finfluencers and crypto advisors perform worse than market average, researchers find

Anyone who wants to make money investing in stocks or cryptocurrency is better off going to a traditional financial analyst than listening to a finfluencer online, researchers from Utrecht University concluded in a study published in the economics journal ESB. According to them, finfluencer advice on shares yields 1 percent less than the market average. On crypto, it’s even 2 percent less.