Haram

6y

Tesla 5 to 1 stock split let’s goooo💪🏽

Easy 3x within the next few years. Psychology is a motherfucker

Flyghost

6y

any elite books on trading strategies specifically for scalping and/or day trading?

0

6y

the network congestion on eth is getting historically bad now too. things will start to break soon and could create a negative sentiment wave down to test support levels as well as liquidating all over these over-extended bullish margin pools

too many newbies entering too quickly and they're getting ready to slaughter defi farmers while trapping them with cute memes

Rockstard

6y

There are way more knowledgeable people on here, but I started on robinhood in march and I'm up ~30% atm. Individual stocks are very risky so its important to do your research. Exchange traded funds (etfs) reflect the entire stock market and are less volatile. VOO (+14% in the last 3 months) and QQQ (+18% in the last 3 months) are safe starters.

rozco

6y

I would wait to see how the next few weeks shakes out. Make sure you're paying off your credit cards etc before investing, and you should set up an IRA or contribute to a 401k if you have that through work.

Either way, don't invest all at once. You should periodically put some money into solid ETFS like VOO and QQQ and then do your own research for individual stocks.

I don't believe in crypto but plenty of people do. If you would have invested in BTC in March you'd be more than 50% up by now, but thats true for plenty of actual stocks from that dip. The fact that crypto more or less moves with the rest of the market and is as volatile as a spoiled teenager doesn't give me confidence to invest in it in a sustainable way, and that's how I like to invest.

My portfolio is pretty safe, if the market takes a huge dive I'm not particularly worried, and I have more money set aside to invest.

Remember that no one including me knows what they're talking about. Don't get greedy. Don't invest options. The point of investments is to grow your money over time with a better return than you could get just parking it in a high APY savings account. If you just invest wisely and are patient there's no reason you can't achieve this. Good luck.

lnstinct

6y

$yam

Thekidback

6y

Robinhood decent for long term holds? I don’t wanna open a ira atm bc i just turned 20, just wanna buy some shares and hold for 5 years

0

6y

the network congestion on eth is getting historically bad now too. things will start to break soon and could create a negative sentiment wave down to test support levels as well as liquidating all over these over-extended bullish margin pools

too many newbies entering too quickly and they're getting ready to slaughter defi farmers while trapping them with cute memes

0

6y

Yes, though any broker will allow you to do so. Robinhood is designed for younger people aesthetically so that's why it's grown so much. You could do the same on TD Ameritrade or Schwab or Interactive Brokers, or really any other platform out there. Most even offer free trades now to stay competitive with Robinhood since it's kind of taken over the industry. I'd check to see if some have a deposit bonus, they might give you a free $100 if you open an account much like a bank offers sometimes. And if you plan on mainly just holding, it doesn't matter much as to the platform you choose.

cp88

6y

Oh how I missed the bullmarket

neon

6y

it’s beautiful