This video explains why I will not be shopping for Bitcoin with Robinhood. Several MAJOR causes to keep away from shopping for Bitcoin via Robinhood.
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ABOUT: In this video I make the case why everybody ought to keep AWAY from shopping for crypto (Bitcoin) with Robinhood. I cowl two main the reason why Robinhood is the “worst” Bitcoin “wallet”. Reason #1: You do not personal your Bitcoin as a result of your non-public keys are by no means given to you. Reason #2: Robinhood cryptocurrency buying and selling is NOT free, there are hidden prices concerned as I level out of their crypto consumer settlement. Usually, Robinhood Stocks are FREE to purchase and promote (that is how I make investments with dividends), Bitcoin on robinhood alternatively, is NOT free.
Legal Disclosure: I’m not a monetary advisor. The data contained on this video is for leisure functions solely. Before investing, please seek the advice of a licensed skilled. Any inventory purchases I present on video shouldn’t be thought-about “investment recommendations”. I shall not be held answerable for any losses you might incur for investing and buying and selling within the inventory market in try to mirror what I do. Unless investments are FDIC insured, they could decline in worth and/or disappear completely. Please watch out!
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