SNS investment in crypto assets is dangerous. Shocking reality: Failure rate exceeds 60%
A survey by Clabo reveals that 66.4% of crypto investors relying on SNS experienced losses. The reliance on YouTube and Discord is especially prominent among younger generations, highlighting a lack of information literacy.
📋 Article Processing Timeline
- 📰 Published: April 24, 2026 at 19:10
- 🔍 Collected: April 24, 2026 at 10:31
- 🤖 AI Analyzed: April 25, 2026 at 04:15 (17h 43m after Collected)
66.4% of investors who referred to SNS answered that they 'failed'. An investigation on the correlation between investment decisions and information sources | Clabo Co., Ltd.
Clabo Co., Ltd. (Headquarters: Minato-ku, Tokyo; CEO: Ikuma Ueno) analyzed the reality of 'the impact of choosing information sources on investment outcomes', targeting 992 individuals with experience in crypto asset investments.
As a result of the survey, a shocking fact was revealed: although about 1 in 3 investors use SNS such as YouTube and X (formerly Twitter) as their primary information sources, 66.4% of investors who relied on SNS have experienced losses.
In particular, the failure rate for users of closed communities like Discord reached 88.5%, highlighting the 'trap of overconfidence' where easily accessible information conversely clouds investment judgment.
This report analyzes the psychology of investors who, placing too much emphasis on 'simplicity' and 'immediacy' of information, are swayed by baseless information.
It redefines the value of specialized media and primary information, presenting the importance of information literacy to protect assets in the age of SNS dominance.
Check the full version of the survey results
■ Survey Content
YouTube is the most common information source, clearly showing SNS reliance
YouTube takes the top spot, showing video information sways judgments
66.4% of investors who referred to SNS answered that they 'failed'. An investigation on the correlation between investment decisions and information sources | Clabo Co., Ltd.
The way information is gathered for crypto asset investment has clearly shifted from text to video.
In this survey, the most utilized information source was YouTube at 20.5%, narrowly beating specialized media at 19.5%.
The reality has been highlighted that video content, which visually explains complex technical concepts and market trends, is the biggest deciding factor for many investors.
On the other hand, the demographic that places the highest importance on official announcements, which are the primary information of a project, remains at merely 6.7%.
It can be said that there is a strong tendency to prioritize secondary information and commentary videos by influencers over highly reliable official sources.
From this ranking, one can read the psychology of investors who prioritize 'Taipa (time performance)' and 'simplicity' over the accuracy of information.
Combined SNS usage exceeds 30%, accelerating internet reliance
66.4% of investors who referred to SNS answered that they 'failed'. An investigation on the correlation between investment decisions and information sources | Clabo Co., Ltd.
The demographic relying primarily on information sourced from SNS—combining YouTube, X, Discord, and Telegram—reached 31.4%.
This means that about 1 in 3 investors make trading decisions based on information on highly interactive platforms.
While highly immediate SNS information serves as a weapon in a highly volatile market, it also carries the risk that fact-checking is left to individual literacy.
Especially when combined with closed communities like Discord and Telegram, the influence of SNS becomes too large to ignore.
These mediums have extremely fast information propagation speeds and possess the characteristic of easily inciting excessive expectations for specific assets.
The data suggests the possibility that investors are making decisions by getting carried away by the enthusiasm within the community, without going through their own independent analysis.
Prominent SNS usage among 20s; younger generations trust it more
66.4% of investors who referred to SNS answered that they 'failed'. An investigation on the correlation between investment decisions and information sources | Clabo Co., Ltd.
In cross-tabulations by age group, a trend was confirmed where the reliance on SNS becomes noticeably higher as the age group gets younger. For people in their 20s, YouTube and X combined reached 43.0%, recording the highest SNS usage rate across all age groups. On the other hand, as age increases, the proportion choosing more traditional or autonomous methods, such as news sites and chart analysis, increases.
Particularly, a characteristic of those in their 20s is a stronger tendency than other age groups to trust word-of-mouth on SNS and statements by influencers over official announcements. While they excel at catching up on information, there is a hidden danger where the filter for discerning the truth of information relies on the SNS platform itself. The divergence in information gathering styles between generations may manifest directly as a difference in sensitivity to investment risks.
Over 60% of failures originate from SNS, sounding an alarm for investors
66.4% experienced losses, exposing the trap of SNS
66.4% of investors who referred to SNS answered that they 'failed'. An investigation on the correlation between investment decisions and information sources | Clabo Co., Ltd.
There is no end to investors who suffer actual losses as a result of swallowing SNS information whole.
In this survey, it was found that the demographic with experiences of failing triggered by SNS reached a total of 66.4%, meaning about 2 out of 3 people have experienced some form of loss.
Especially, there are many who admit to 'major losses'.
Clabo Co., Ltd. (Headquarters: Minato-ku, Tokyo; CEO: Ikuma Ueno) analyzed the reality of 'the impact of choosing information sources on investment outcomes', targeting 992 individuals with experience in crypto asset investments.
As a result of the survey, a shocking fact was revealed: although about 1 in 3 investors use SNS such as YouTube and X (formerly Twitter) as their primary information sources, 66.4% of investors who relied on SNS have experienced losses.
In particular, the failure rate for users of closed communities like Discord reached 88.5%, highlighting the 'trap of overconfidence' where easily accessible information conversely clouds investment judgment.
This report analyzes the psychology of investors who, placing too much emphasis on 'simplicity' and 'immediacy' of information, are swayed by baseless information.
It redefines the value of specialized media and primary information, presenting the importance of information literacy to protect assets in the age of SNS dominance.
Check the full version of the survey results
■ Survey Content
YouTube is the most common information source, clearly showing SNS reliance
YouTube takes the top spot, showing video information sways judgments
66.4% of investors who referred to SNS answered that they 'failed'. An investigation on the correlation between investment decisions and information sources | Clabo Co., Ltd.
The way information is gathered for crypto asset investment has clearly shifted from text to video.
In this survey, the most utilized information source was YouTube at 20.5%, narrowly beating specialized media at 19.5%.
The reality has been highlighted that video content, which visually explains complex technical concepts and market trends, is the biggest deciding factor for many investors.
On the other hand, the demographic that places the highest importance on official announcements, which are the primary information of a project, remains at merely 6.7%.
It can be said that there is a strong tendency to prioritize secondary information and commentary videos by influencers over highly reliable official sources.
From this ranking, one can read the psychology of investors who prioritize 'Taipa (time performance)' and 'simplicity' over the accuracy of information.
Combined SNS usage exceeds 30%, accelerating internet reliance
66.4% of investors who referred to SNS answered that they 'failed'. An investigation on the correlation between investment decisions and information sources | Clabo Co., Ltd.
The demographic relying primarily on information sourced from SNS—combining YouTube, X, Discord, and Telegram—reached 31.4%.
This means that about 1 in 3 investors make trading decisions based on information on highly interactive platforms.
While highly immediate SNS information serves as a weapon in a highly volatile market, it also carries the risk that fact-checking is left to individual literacy.
Especially when combined with closed communities like Discord and Telegram, the influence of SNS becomes too large to ignore.
These mediums have extremely fast information propagation speeds and possess the characteristic of easily inciting excessive expectations for specific assets.
The data suggests the possibility that investors are making decisions by getting carried away by the enthusiasm within the community, without going through their own independent analysis.
Prominent SNS usage among 20s; younger generations trust it more
66.4% of investors who referred to SNS answered that they 'failed'. An investigation on the correlation between investment decisions and information sources | Clabo Co., Ltd.
In cross-tabulations by age group, a trend was confirmed where the reliance on SNS becomes noticeably higher as the age group gets younger. For people in their 20s, YouTube and X combined reached 43.0%, recording the highest SNS usage rate across all age groups. On the other hand, as age increases, the proportion choosing more traditional or autonomous methods, such as news sites and chart analysis, increases.
Particularly, a characteristic of those in their 20s is a stronger tendency than other age groups to trust word-of-mouth on SNS and statements by influencers over official announcements. While they excel at catching up on information, there is a hidden danger where the filter for discerning the truth of information relies on the SNS platform itself. The divergence in information gathering styles between generations may manifest directly as a difference in sensitivity to investment risks.
Over 60% of failures originate from SNS, sounding an alarm for investors
66.4% experienced losses, exposing the trap of SNS
66.4% of investors who referred to SNS answered that they 'failed'. An investigation on the correlation between investment decisions and information sources | Clabo Co., Ltd.
There is no end to investors who suffer actual losses as a result of swallowing SNS information whole.
In this survey, it was found that the demographic with experiences of failing triggered by SNS reached a total of 66.4%, meaning about 2 out of 3 people have experienced some form of loss.
Especially, there are many who admit to 'major losses'.