161–170 of 174 posts
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They could have frozen trades in both directions.
They could have... prevented users from exiting their positions? How would that be better?
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The people on Robinhood arent the people buying VOO!
I still use Robinhood and VOO is the bulk of what I buy. I doubt I'm that unusual.
Most of it isnt index. They are popular names, meme names, volatile stocks, and YOLOs
> Rising interest rates helped lift quarterly net interest revenue to $128 million, more than doubling from the same period a year ago. Chief Financial Officer Jason Warnick said the company has about $17 billion in assets that generate interest revenue. While Robinhood used to pay a competitive interest rate for cash in the account, it is now 1.5% while Fed risk-free rate is now 3.75%+. You need to pay for Gold subs…
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They have the best recurring investment tool Can anyone name a better one?
What about wealthfront?
https://robinhood.com/support/articles/2G77XtQsBQxJ9ofzqgJhA...
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And crypto go all the way to zero. I'm not sure what your point is. Companies can go bankrupt. So can coins. That's neither here nor there.
> I'm not sure what your point is. See the bit about the "floor" in your post.
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And crypto go all the way to zero. I'm not sure what your point is. Companies can go bankrupt. So can coins. That's neither here nor there.
Crypto has not gone all the way to zero. It went from $3T mcap to ~$800 billion. Despite over a decade of people predicting Bitcoin would go to zero, it's still $20K+ per BTC. Yes, down from the $68K euphoric highs of 2021, but substantially higher than its average price for most of its history, and on par or better than many stocks have performed this year. Ordinary crypto currencies like BTC & ETH can't go bankrupt…
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Crypto has not gone all the way to zero. It went from $3T mcap to ~$800 billion. Despite over a decade of people predicting Bitcoin would go to zero, it's still $20K+ per BTC. Yes, down from the $68K euphoric highs of 2021, but substantially higher than its average price for most of its history, and on par or better than many stocks have performed this year. Ordinary crypto currencies like BTC & ETH can't go bankrupt…
The entire stock market has also not gone to zero. You're comparing apples to oranges. Individual coins have gone to zero, as have individual stocks. It's irrelevant to the argument I made.
There is no floor for stocks.
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> or have a Funded Account to be included in MAU If you have a balance of $1, wouldn’t you be counted as an active user ? It sounds to me that an active user is someone with funds or that interacted with the app/website while logged in. I’m not sure the second category made much sense to begin with (unless you wanted to inflate the numbers during a bull run)
This is a contrarian response. Funding $1 would require me to visit the website so I would have been a MAU without even funding. Conversely, funding without visiting the website requires real effort. No metric is perfect nor stands alone. What does it mean in context to RH, FB, Apple? The value of a MAU is relative. The key is it's well defined, stable and trackable over time. Assigning value is up to diligence at th…
You may have funded the account last year and did nothing with it. My understanding is you would still count as an MAU even if you didn’t interact with RH.
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I still use Robinhood and VOO is the bulk of what I buy. I doubt I'm that unusual.
No need to guess! You can see what people are trading on Robinhood: https://stonks.news/top-100/robinhood Most of it isnt index. They are popular names, meme names, volatile stocks, and YOLOs