The stock market is difficult to implement for beginners. I used very interested in playing stocks long time ago, but I don't know how to start or where I have put my money.
In 2009, I tried to go to the bank just to asking how to trade on the stock, valas, obligations, and anything investment instrument, but their answers were convoluted, they told me to take care all document I need to implemented. I must go to police station, Manpower Department, and etc to take care of all documents , so that case I cancel my intention to trading stock.
It's different when I know bitcoin, and how easy crypto trade, I just proof ID card only and can trade directly in an hour. So with this situation, I'm not surprised if bitcoin are more active trading hours than stock. Beside 24/7, beginner who interesting for trading no hassle of all unimportant documents like invest on stock.
I don't think so, stock investing is not difficult and not too complicated to implement for beginners. Today, anyone with a bank account can participate in stock investment directly through the bank's application. Everything is almost very convenient and simple but many people do not like to invest in stocks because it does not have the stories of x100, x1000 profits like bitcoin and cryptocurrencies that are being spread. Nowadays people love to invest in cryptocurrencies because most of them want to get rich quick, want to earn huge profits from their little money. Meanwhile, that is almost impossible to do with the stock market.
Also, the difference is that the Internet and technology have evolved a lot in recent years, whereas 10 years ago, people didn't even know what a smartphone or the Internet was, let alone investing online.
Bitcoin has attracted the attention of young people thanks to the development of the internet, social networks and stories of getting rich quick.