/biz/ - Business & Finance

>>15968142
Buy Chainlink instead

>>15968142
How much money do you have to trade with?

This is a very big factor in deciding your investment strategy

>>15968345
Honestly, I know this isn't much but I just wanna try it with like 10-20 bucks. Just to get experienced with it.

>>15968142
Yes do it but use my link unironically for free money

Then wait for earnings call on Tesla if it dumps buy if it pumps buy something else cheap come back to biz and ask after the 23rd

>>15968397
Free stock for each of us

https://invite.robinhood.com/alexc998

>>15968402
To learn how the market works look up Anton kreil vids on YouTube.

Learn technical analysis and fundamental analysis.

>>15968142
Robinhood's spread is way too large to consider using imo.

Don't trade earnings calls unless you can be honest with yourself in realizing playing earnings is gambling

Or unless you have inside info

Protip if a company fires a ton of people share price goes up

>>15968322
>stinkie
>>15968142
Learn options trading, throw a couple hundo at a safe long call

>>15968419
t.tesla insider

Tesla is about to report first ever profitable earnings. Stocks gonna moon to $300

Model Y has been available for order for a month or two now, 3 is backlogged with demand. Truck will be announced next month and semi and roadster are on sale in 2020.

Y will be the most sold vehicle by Tesla for fitting the high demand in the suv/crossover market by being fairly priced $39k having autopilot/safety, 300+ range and more storage and practicality than the 3 and S

>>15968142
If you're going to make any sort of traditional investment account, go with a company that's been around more than like 2 months, and offers more than just a handful of services. Make a Schwab or Edward Jones etc. Account. They're all phasing out commissions on trades anyway, and have much better research tools, and you can buy anything, and aren't limited to certain types of funds.

>>15968142
It's good for stocks and shorts. Also since it added crypto it makes it more compelling but you can really keep it. But it's pretty good for beginners and they won't take money from you unlike cuckbase.

>>15968447
Post proof or fuck off lying nigger larpcunt.

I hate you motherfuckers who make me wonder.

>>15968359
There's very little you can buy with that as Robinhood doesnt support fractional shares.

If it suits you better I'm having a good experience so far with M1 Finance, which does support fractional shares. I have a little bluechip fund with Google MSFT etc that I drop $20 into a week and never touch

>>15968454
schwab is a junk shop built on robbing people. edward jones actually cares about their customers surviving

>>15968447
Are you in on Tesla long or just happen to know things and want to help us bet on them

Even short to medium term the fact that google, ford and gm all want to get in on self driving electrics makes me nervous

I think ford and gm would both get bailed out in a financial crash but tesla wouldn't, u feel

Scwab, TD ameridtrade, E*trade all went commissions free so where does RH stand now

>>15968491
wait hold up goog and msft are blue chip in your timeline? bwahahahahahahahahahahah

>>15968509
tesla has a moat though with the tech

>>15968322
checked and this

>>15968419
True, the first thing I learned is that a company can have good earnings and get crushed (afterwards they will say the "premium was priced in")

>>15968516
What I mean by blue chip is I dont see either disappearing and would like to own them for my entire lifetime and perhaps longer

>>15968522
The largest cost and arguably the most important component of an EV is the battery for which their margins are not particularly good compared to anyone else needing EV batteries

I don't see what other tech really matters, because self driving capability is an inevitability that cant be held by just one company. Then every single car on the road, in a future where most or all cars are self driving, would have to be all tesla.

That tech is gonna trickle down or become depreciated by the r&d budgets of companies not actively trying to build a colony on outer space

>>15968509
Both. But as I mentioned to the other anon the safe strat (pussy) Is wait for earnings, if it dumps you now have a good entry.

The only problem with Tesla atm is they keep reinvesting in infrastructure. Eg the Shanghai giga factory. Eg solar development all over the superchargers.

Musk doesn't even care if they are profitable but he knows his larger terraforming will be halted if Tesla fails maybe even cancelled. Earth is his practice run as he scales out reusable infinite energy. Unprofitability kills sentiment and he knows that so he Will deliver.

>>15968142
buy 10 dollar NBEV calls
you're welcome

>>15968491
man microsoft being over a trillion dollars makes me feel so small when I put in small amounts

love google though

>>15968556
Panasonic is basically in charge of the batteries afaik

>>15968491
So it's better to use M1 when putting small amounts in it right? Thanks.

>>15968671
There are surely other brokers out there which I know nothing about that also support fractional shares. DYOR on what a broker offers its clients. But yeah M1 has fractional shares and robinhood does not so if you do want to put $20 into google per week or something like that then you should use M1 or another broker that does fractions

Robinhood has options though where M1 does not. I have an account with both.

If you're just chucking set it and forget it money, I would use M1.

>>15968142
I am kinda excited for robinhood cash management feature.

I plan on buying silver with the dividends I get on robinhood.

>unironically using plebbithood
where my TDAchads at?

>>15968727
M1 would be literally perfect if it wasnt for the pie feature. I know many people like it, but an option where I can just buy and sell shares without it affecting my pie would be great.

>>15968769
What's the pie feature?

>>15968760
here

>>15968760
kek this. Everyone is offering commission-free trades now. Don't know why anybody still uses RobinHood.

>Trusting a business named after a thief

>>15968812
Essentially you cant buy or sell stock yourself. You put your money into your account, and then for each stock you want to own you have to pick a percentage. Then in like 2 business days M1 will buy those stocks for you to make them a percentage of your portfolio.

Later if you want to make a stock a larger part of your portfolio, you cant just buy more of that stock, you have to shift a percentage from another stock to make room for the stock you were increasing.

It's a pain in the ass.

Is webull any good?

>>15968142
lurk moar

>>15968961
Ohhh ok thanks

robinhood is tolerable for babbys first investments. I mostly buy dogecoin on it and have a small amount of that naked company cuz it keeps tanking in price so I grabbed some just in case it gets back up to .06 instead of its current 0.04

>>15968509
I know some of the people working on GMs driverless feature. Its legit. The people they have working on it are legit. No time frame on when it will go live and be full production but rest assured that the people working on it are bad asses.

>>15968620
Lmao why ?

>>15968142
Yea so it basically goes like this.

>Open up robinhood account
>toss some money into stocks because lel im an investor
>check portfolio 5X a day every cent movement and celebrate when you make a few cents
>look at the sidebar displaying BTC prices.
>BTC rose 20% in a single day
>Dump your stocks to go into BTC
>Do research into other cryptocurrencies because making money in crypto during a bull market is obscenely easy
>Find LINK
>Do your research
>Realize that the largest % return you will ever see within the next decade has been sitting in front of your eyes all along
>Find out you can't buy LINK on RH OR transfer it
>Get stuck waiting on wire transfers for 3 weeks because boomers are incompetent
>Go all in link
>You've made a 400% return in a single year off link

Do this except only the last two parts. I just saved you a lot of stress and thousands of dollars. You're welcome.

>>15968760
>Unironically being a tripfag

>>15969082
whats your YTD return on your scamcoin so far?

>>15969101
Unfortunately I got in late so my return as we speak right now is only about 110%. That's a pretty cute screenshot of your 40% gains though lmao.

Just imagine, a majority of link holders bought under 50 cents a year ago. What's the % return from $.50 to $2.30 again?

>>15969101
>>15969136
I also forgot to mention that this was after I bought BTC at $5K and rode it up to 9K before putting it all in link. My actual return on crypto as a whole is probably over 200% since march, but I've been making so much money I stopped giving a shit after the BTC run.

My post was a description of my experience with RH, hope you enjoy seething at my blog.

>>15968945
robinhood is coming out with a cash management program and many young investors seem excited about it

>>15969136
>>15969152
nice proof

>>15969297
Nice cope

I had a screencap somewhere on my PC of my return I was rubbing in boomer faces back when BTC was at 8K or so but I frequently delete them since it just kept going up. It's not my fault you're a complete newfag, it shows. And no, unlike stocks I keep my linkies nice and safe in a bank vault so you'll just have to take my word for it. It's always funny to see people like you though. No matter how legitimate something is, as long as it's outside of your realm of imagination you will always shout up at those who make more than you "i-it's a scam! there's no way you made that much I don't believe you!" Here's a chart that I looked at that convinced me to toss a few grand at BTC when it was 5K, that's about all the proof I'm willing to show you. The chart is pretty old and was posted around back then.

Pathetic.

>>15969362
wow nice chart, so where’s your YTD

>>15969278
Sounds like a scam

>>15969414
You don't know how any of this works, do you? Too dumb to even have a conversation with, I can't help you. Maybe work on your reading comprehension before you shit up the board, I don't keep my coins on an exchange and I'm also not going to log into binance to prove what should be obvious to some retard who thinks 40% is a good return

You are delusional, sorry bro. Did you think LINK was just a meme? That's the joke, all of the LINK memes on this board are what you see because the actual discussion happened over the course of the last two years. The oldfags on this board are the LINK holders just like how ETH was shilled back in 2015.

You are the idiot incapable of seeing the bigger picture and when LINK is worth over $20 you will still be saying the same thing. You can either stay delusional or you can buy some LINK yourself and make the same returns I do. But to be quite honest I hope you DON'T buy any link. In fact don't, you're right it's a scam. Don't buy any crypto it's all one big multi billion dollar international ponzi scheme that only even loses value

>>15969482
lmao

>uh uh uh I don't even track my LINK's total value
>oh like I just deleted that screenshot ha-ha ha
>take my word for it!!!!

dude this shit is pathetic. Crypto is probably dead, but you never know. I bought a little back in the day, sold it around 7k and used the money it to pay my college tuition a few years ago. I also bought LINK at around .6USD by sold at 3.4USD because it's obviously a pump and dump scamcoin. Enjoy the next 700k sergay dumps on you, I'm sure he'll remember the simps like you who fund his private island (or, his prison cell) once he's finished commodifying your gullibility into cash.

I make money on the market by doing research, buying low, and selling high. I write algos to help me and do serious analysis that's basic compared to the big boys, but I'm learning. You on the other hand are learning nothing. You're trying to for a moonshot, sure, but at the end of the day, you're just on a piggyback ride on a fat Russian scam artist's back. I genuinely hope for your sake that you end up making a little money from this, that you get out in time, because judging by your lack of preparedness, your blind trust in the obviously untrustworthy, your laziness and your eagerness to let others do the work for you, you will literally never make it except through a moonshot scamcoin where you manage through blind luck to exit a pump and dump, or you get lucky with some scratch offs.

Best of luck to you though friend.

>>15969569
>It's a scam it's a scam it's all a scam!
Exactly as predicted, I know you didn't buy any link. You wish you did but a person like yourself has no vision, otherwise you wouldn't have posted your robinhood portfolio gains.

Pretty pathetic that you feel the need to lie and you still couldn't prove a point with it. Either you're one of the discord trannies or a low IQ mongrel that thinks the other people calling LINK a scam are legitimate posters.

>>15968598
>>15968447
So what do you think? Should I wait for the earnings dump? Or should I go all in before earnings and hope it skyrockets? Right now it feels like I have a 50/50 chance for some profits.

bump

>>15968971
Webull is alright. They offer short-selling and extended-hours trading. I like the information they provide more than Robinhood, and they are planning on rolling out options trading in the next month. Right now I use it as my "retirement" account, with high dividend stocks I never sell, and I use Robinhood as my "yolo" account. Heres my referral if you feel inclined; Its a better version of robinhoods free stock. https://act.webull.com/promotion/invitation/share.html?inviteCode=QQIIrxmQcV3q