I knew this exchange was shit. Their spread is ridiculous, their clearing time to release funds after a trade is ridiculous, their use of Apex to buy Crypto is even more fucking ridiculous!!! But Meet Kevin, Graham Stephan, Andre Jikh, and other YouTube fuckers get over $30k in stocks plugging this asshole exchange on every video, tweet, and whatever the fuck patreon is.
These pricks also have a Millennial Money YouTube channel in which they talk smack about Robinhood.
They do it because it gets more views, but fuck them. Robinhood has never fucked me over, because I was never part of the AMC short-squeeze, pump and dump.
The fact that there is a safety cap that I have to proverbially twist off on every options trade now because of that dumb mother fucker who killed himself because he Yolo'd on margin without taking the time to learn the game...fuck him.
Ameritrade sends me blood curdling alerts that I need to settle my margin before I am liquidated, but when I log in, I am far from liquidation. The first few times I panicked, but since I was learning, I did not bet the farm and so I just called to say "Hey, WTF?" Am I OK?"
So, I hold this Robinhood suicide in the same esteem as the baby that drowned in a bucket with only 4 inches of water while Mum was only 4ft away. Bullshit...that bitch left her kid outside while she was watching TV. And now all of us have to deal with safety lids on our buckets.
It is a terrible thing. And I blame WSB and their constant lambo pots making people feel like shit showing faked photoshop earnings to make other s feel like they are losers.
Is it not the exchange and trading app responsibility to make sure everyone knows what they are fucking doing before allowing them to piss off their money away in stupid trades?
If you want to be pissed at someone and who really holds the blame, it is the Wall Street Bets burden to bare.
Now you have Youtubers like Clay Trader with a decent following, publishing this day trades for the week. He knows they will get a pump from his followers. Also he is selling his day trade strategy for 25k ( lump sum) and there are dumbasses actually buying it.
How about Graham Stephen, Meet Kevin, and Andre Jikh who were promoting SHIB and did a high five in the comments for pumping it to where they made millions, leaving their followers who FOMO'd in on their word it will keep gong up and left holding the bag.
Go to any of the aforementioned youtubers and find any mention to SHIB or FLOKI is gone.
But the shilling of Webull is still strong because these tubers make a mint on free stocks anytime someone uses their code.
Webull is a shit platform and all these guy know it!
Webull is owned by Fumi Technology, a financial analysis firm that offers market trading tools for personal investors. Webull’s customer-facing unit and brokerage wings are located in New York City, however, their technology team is located in Hunan, China.
Webull does not earn commissions on trades but rather makes money via order flow payments, short selling fees, subscriptions, interest paid on margin, as well as investments of cash on balance. A 2018 profile of Webull described their Wall Street office as “a Chinese force in the ‘nerve center’ of the international financial community.” Webull had over eleven million users as of last year and is planning an initial public offering that could raise between $300-$400 million. From April to June of 2020, Webull’s trading volume exploded by 500% and trading accounts grew by 450,000.
As a broker-dealer, Webull collects sensitive, personal information from its clients. That includes Social Security numbers, home addresses, bank accounts, and more. While Webull claims to store user data locally, Webull is still required to adhere to the laws of China.
China's deliberately vague patchwork of intelligence, national security, and cybersecurity laws compel companies to support and cooperate with the government’s intelligence work. With no independent judiciary to review government demands to provide user data or take other actions on the government’s behalf, there is no legal alternative for Chinese companies if they don’t want to comply. There is no independent press to make the situation public. And penalties for non-compliance can include destruction of the firm and long prison sentences.
So I am still in SHIB, it did not need Robinhood or Kraken before and will do just fine with the SHIB ARMY and their strong belief. If you were looking to flip a coin and be an instant lambo owner...those stories are so full of shit and if you believe them, you deserve to lose you money.
SHIB and DOGE are 2 very different tokens. One being a joke, the other an ERC20 token with NFTs and swap. Both have whales, but the good thing about SHIB, not one of the whales is Elon.
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