Dot.@feddit.org to Technology@lemmy.worldEnglish · 2 years agoRobinhood admits it’s just a gambling app.www.theverge.comexternal-linkmessage-square89fedilinkarrow-up1571arrow-down113
arrow-up1558arrow-down1external-linkRobinhood admits it’s just a gambling app.www.theverge.comDot.@feddit.org to Technology@lemmy.worldEnglish · 2 years agomessage-square89fedilink
minus-squareGigasser@lemmy.worldlinkfedilinkEnglisharrow-up5·2 years agoI mean, I feel most people who lost money were doing “options trading”, basically full on gambling/speculation. If you had put that money in an s&p500 index fund, chances of losing money are slim.
minus-squaremsage@programming.devlinkfedilinkEnglisharrow-up1·2 years agoThats… what Robinhood doesn’t advertise, and (at least used to) always buys options by default. So fuck Robinhood. Where is the app that has only one button ‘Buy ESG’?
I mean, I feel most people who lost money were doing “options trading”, basically full on gambling/speculation. If you had put that money in an s&p500 index fund, chances of losing money are slim.
Thats… what Robinhood doesn’t advertise, and (at least used to) always buys options by default.
So fuck Robinhood.
Where is the app that has only one button ‘Buy ESG’?