Post on Medial

It's is all about habit...because that habit gives instant pleasure of mind, while in learning about investing, businesses doesn't give the instant pleasure of mind.

This is the major difference between wise and successfull persons and poor ones Rich people always see things in long term they analyse take calculated rish and they are obviously pastence full persons and skilled persons Where as poor wants instant results. , don't have patience don't aquire any skill

Simple really they enjoy cricket and investing not

It's genuienly frightening, how many of my hostel and college mates do gambling through these apps. Like this is how life destroyer sow it's seeds. As for your question, it's because of our education system and our society, the rich and educated knows how to manage and grow their money but poor and uneducated does not, now they see these "stars" pormoting get rich schemes( for legal reasons this is no financial advice and is just a joke) so they get on the train.

I believe more people know and are aware about cricket from a very young age. They are much more knowledgeable about cricket, but not so much about mutual funds. Also, mutual funds are usually stigmatized among average Indian.

U shared some gr8 insight. There is a difference in users and investors. Dream11 has 20cr users that does not has to mean that they are active or they are involved financially. Whereas investors in MF are involved financially. Other than that MF is something done after advise whereas people have access to apps like dream 11 for ease

Hook line and sinker. Hook - usually starts at college or school where you got a lot of time and less money. It's also something everyone loves CRICKET. Line - some occasional profits and a bit of FOMO from friends and it sticks Sinker - once you got the habit it's hard to let go off. Besides you either would've got better at game or you're willing to lose a bit of money for fun. Whereas Mutual Funds don't have this kind of product and playful theme

Cricket is entertaining and also connected with emotions of Indians..they see cricket analysis as a fun activity while they research on Mutual funds is Experts things that's why they spent more time on Dream 11 like platform.. Also advertisment play crucial role!

I also want to make money like this but the real problem is I am a middle class boy So actually those the middle class persons who choses make fast money he got trapped in this type of addition if I can understand it properly I can also make money from this type of people's

* Instant money * Good marketing * Greed to get big cash prize with no or minimal efforts

One more sports finance application is coming soon which is beautifully designed and gives full view of players to invest on them for long term and short term investment. PS: it's not a fantasy app it's a sports trading app

These numbers are inflated because many people handle multiple accounts

Are we saying we need to choose from either? Shouldn't it be a learning where Mutual funds should spread awareness/distribution the way Dream11 has done? Both have disclaimers of losing money right? :p

People want instant money. Also platform such as Dream 11 promise big prize winning opportunity with very less efforts. On the other hand mutual funds, people find complex it to understand also return on investment is in future.

Get rich quick has more appeal

People want instant money

People are too much interested to become bikari rather than generating wealth.

25 din mein paida double chahiye sabko

Perfect example of Greed vs Patience.

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