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 2024, according to Redditors.

Top 5 Investments According to Reddit 

  1. Highly-Rated New Crypto Projects – One of the most popular forms of Reddit investing advice is to invest in highly-rated new crypto projects. These projects tend to be in the ICO or presales, allowing investors to acquire tokens at a discounted rate. Although there is a vast selection of projects to choose from, many Reddit crypto investing groups point toward FightOut – a top M2E fitness app that has already raised over $2.3 million USDT.
  2. Technology Stocks – Many Reddit investing groups also promote technology stocks as an asset class that can provide notable returns. The best tech stocks, such as Alphabet, Amazon, and Meta Platforms, all exhibit a high degree of innovation – allowing them to generate substantial revenue streams and provide value to shareholders.
  3. Index Funds – Aside from Reddit stock investing, many subreddits point towards index funds as a viable option for those with a long-term investment horizon. Investors wondering how to invest $2,000 (or any amount) may wish to consider these funds, as they provide broad exposure to the market as a whole.
  4. Gold – Gold is another asset promoted by Reddit investment groups since this commodity has historically been proven to be a ‘store of value’. Furthermore, gold is also excellent in regards to diversification – especially for those with portfolios that are made up mostly of equities.
  5. US Treasury Bonds – Finally, many Reddit investment groups urge investors to consider placing their money in US Treasury bonds. These securities are issued by the US government and have maturities set far in the future – meaning they are often considered ‘risk-free’.

Another popular investment that some investors consider a staple of any effective investment portfolio involves the real estate sector. We discuss this and more in our article on how to invest in REITs.

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’.

How to Invest According to Reddit - Crypto investing Reddit

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 FightOut, a new project that seeks to reward its users for completing their workouts through M2E rewards.

1. FightOut: Best Crypto to Invest in According to Reddit 2024

The project has quickly raised over $2.3 million USDT in just a few days of its first presale stage. buyers should consider grabbing $FGHT while the prices are still low. Currently, investors can buy the FightOut token at a relatively low price of $0.0167 per token.

FightOut’s fitness app aims to reward users for leading a healthy lifestyle and completing the in-app challenges. In essence, users can simply earn more rewards by doing their daily workouts.

Moreover, to provide an immersive experience, FightOut’s platform has devised a leading-edge metaverse. Users can also create their own unique NFT avatars. These soulbound avatars will reflect and grow in direct proportion to the user’s actual life fitness metrics. As a result, they can also compete with other community members in FightOut’s metaverse.

FightOut has also devised an in-app currency called REPS to reward its users. Users can get REPS for completing their fitness goals and other in-app challenges. REPS can also be used to buy exciting products like cosmetic NFTs for avatars, avail membership discounts, and so on.

To get an in-depth understanding of FightOut’s various features, buyers should consider reading the project’s whitepaper

$FGHT Tokenomics & Purchase Bonuses

FightOut’s native token $FGHT is a limited supply token that is built on Ethereum’s network. Out of its total supply, 9 billion of them can be bought via the project’s ongoing presale stages. 

Owning the $FGHT tokens would allow buyers to take part in the platform’s tournaments and various leagues. Additionally, users have an opportunity to earn an additional 25% REPS if they use $FGHT to buy them.

Buyers opting to participate in the presale stages would be entitled to purchase bonuses. These bonuses start at 10% wherein users need to invest $500 alongside 6 months of vesting. If buyers choose to stake more $FGHTs or stake them for a longer period, they will also receive membership rewards.

Presale Performance

After just a few days of its first presale launch, FightOut has raised over $2.3 million USDT and caught investors’ attention.

Investors can also claim up to 50% extra tokens as a reward for participating in the presale stages. To stay on top of the latest updates, investors should join the project’s Telegram channel.

Presale Started 14 December 2022
Purchase Methods ETH, USDT
Chain Ethereum
Min Investment None
Max Investment None

2. Dash 2 Trade: Top Crypto Analytics & Social Trading Platform as per Reddit

The protocol will use a variety of insights, data points, analytics and tools to help investors make better moves with their crypto and help maximize their potential to make profits.

The presale is currently in stage 2 of 9 after phase 1 sold out in just three days.

In total, 700 million of the 1 billion max supply of D2T tokens will be sold during the presale, with the price increasing from $0.0467 in stage 1 to $0.0662 in stage 9.

That is an increase of 39% and means that while $100 of investment returned 2,100 tokens in phase 1, it will return only 1,510 in stage 9.

We have already named the project to the top of our best crypto presales list given the huge early excitement in the project and the low entry point.

The platform, which can be accessed via monthly subscription of D2T tokens in three tiers, uses a range of metrics to help traders and investors.

There will be trading signals to highlight buy and sell opportunities, as well as analysis of on-chain data and social sentiment to spot trends early.

Traders can use a variety of trading tools and a back-tester to optimize their approach and test it in real-time without risking capital.

Dash 2 Trade is also developing a bespoke tracking and scoring system for new crypto presale projects, ranking them via a range of insights to ensure investor confidence.

For more information on the project read through the whitepaper or join the Dash 2 Trade Telegram group.

Another asset popularized through Reddit is Tamadoge – a play-to-earn ecosystem that offers playable NFT avatars and multiple P2E environments.

Tamadoge pumped nearly 2,000% after its initial exchange offering and has recently released its first set of NFTs.

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. Investing in stocks that have strong upside potential is a key component of a successful value investing strategy. But what is value investing? Read our guide to find out more.

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.

how to invest reddit - Stock investing Reddit

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 2024 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 2024 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.

how to invest reddit - ETF investing

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).

Bond investing

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.

how to invest reddit - eToro app review

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.

how to invest reddit - eToro app features

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, FightOut is one of the best investments according to Reddit. FightOut’s platform wants to help users maximize their earning potential by offering them Move-to-Earn rewards for their workouts. Buyers should consider buying $FGHT while they still have the chance to buy it at a low price of $0.0167 per token.

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 FightOut, an innovative fitness app that creates M2E earning opportunities for its users. The platform has already raised over $2.3 million USDT in a relatively short period of time

Fight Out - Next Big Train-to-Earn Crypto

Our Rating

Fightout token
  • Backed by LBank Labs, Transak
  • Earn Rewards for Working Out
  • Level Up and Compete in the Metaverse
  • Presale Live Now - $5M Raised
  • Real-World Community, Gym Chain
Fightout token

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References

  • https://www.reddit.com/r/wallstreetbets/
  • https://www.reddit.com/r/CryptoCurrency/
  • https://www.reddit.com/r/investing/