Earlier quoted context omitted.
Anyone trading with a rangebound bot will have made money in the last two weeks with these stagnant prices. The heavy regret for me set in later when my rangebound bot sold Litecoin and Ethereum before they tripled.
Use the code: pigletbeta3 for 6 months free access, provided you give feedback at least once a month. It doesn't have that same issue you describe.
Robinhood Crypto – Invest in Bitcoin and other cryptocurrencies
51–60 of 317 posts
Re: Robinhood Crypto – Invest in Bitcoin and other cryptocurrencies
#52Re: Robinhood Crypto – Invest in Bitcoin and other cryptocurrencies
#53Re: Robinhood Crypto – Invest in Bitcoin and other cryptocurrencies
#54> Invest in Bitcoin & other cryptocurrencies > Cryptocurrencies, stocks, ETFs, and options are now available side by side — all easily accessible in one app. Managing your investments just got even easier. There is a dangerous theme of companies aimed at millennials that misappropriate Bitcoin (etc) as an investment, when it is just glorified currency exchange speculation. Blurring these lines obscures the real-world…
I buy bitcoin, it changes in value, I cash out, I now have a different amount of money than I put in. How is that not an investment?
Re: Robinhood Crypto – Invest in Bitcoin and other cryptocurrencies
#55My assumption here is that by "no-commissions" they mean that they're only making the bid/ask spread on transactions as a market maker?
Re: Robinhood Crypto – Invest in Bitcoin and other cryptocurrencies
#56Related, kinda: Robinhood seems to be pulling in a lot of different directions and there's all these "early access" features that never seem to actually, well, launch. I've now signed up for: * Web access (otherwise it's mobile-only) * Options trading * And now, cryptocurrency trading (because why not) and I haven't gotten access to any of them yet, even though Robinhood for web has been in "early access" for quite a…
I'm really confused about why web access hasn't launched yet? Would think that is the easiest of them all and entirely in their own fate. Options and crypto seem like much more complicated endeavors but a website, ffs.
Re: Robinhood Crypto – Invest in Bitcoin and other cryptocurrencies
#57> Invest in Bitcoin & other cryptocurrencies > Cryptocurrencies, stocks, ETFs, and options are now available side by side — all easily accessible in one app. Managing your investments just got even easier. There is a dangerous theme of companies aimed at millennials that misappropriate Bitcoin (etc) as an investment, when it is just glorified currency exchange speculation. Blurring these lines obscures the real-world…
I buy bitcoin, it changes in value, I cash out, I now have a different amount of money than I put in. How is that not an investment?
It's just betting that the value will change arbitrarily (or through manipulation).
Re: Robinhood Crypto – Invest in Bitcoin and other cryptocurrencies
#58Earlier quoted context omitted.
I put money down on a blackjack table, play a hand, win, and cash out with more money than I put in. How is that not an investment?
A better question might be: How is anything an investment? If the stock market is priced efficiently, it is as much a gamble as Bitcoin. The stock market is of course not perfectly efficient, but it is likely extremely efficient relative to the knowledge of your average retail investor. Which means that buying Bitcoin or other cryptos is no more a gamble than any stock market investment with a similar volatility.
Re: Robinhood Crypto – Invest in Bitcoin and other cryptocurrencies
#59> Invest in Bitcoin & other cryptocurrencies > Cryptocurrencies, stocks, ETFs, and options are now available side by side — all easily accessible in one app. Managing your investments just got even easier. There is a dangerous theme of companies aimed at millennials that misappropriate Bitcoin (etc) as an investment, when it is just glorified currency exchange speculation. Blurring these lines obscures the real-world…
I buy bitcoin, it changes in value, I cash out, I now have a different amount of money than I put in. How is that not an investment?
Re: Robinhood Crypto – Invest in Bitcoin and other cryptocurrencies
#60Earlier quoted context omitted.
I put money down on a blackjack table, play a hand, win, and cash out with more money than I put in. How is that not an investment?
A better question might be: How is anything an investment? If the stock market is priced efficiently, it is as much a gamble as Bitcoin. The stock market is of course not perfectly efficient, but it is likely extremely efficient relative to the knowledge of your average retail investor. Which means that buying Bitcoin or other cryptos is no more a gamble than any stock market investment with a similar volatility.