New To Investing Thread

[kstate4life]

can we team up and cast a wide net on the internet for easy money-making opportunities?

We need some of our young whippersnappers to trawl reddit and deposit the actual golden gems here. TIA.

DBT did that last Friday lol

[ChiComCat]

can we team up and cast a wide net on the internet for easy money-making opportunities?

We need some of our young whippersnappers to trawl reddit and deposit the actual golden gems here. TIA.

This place has been low on young whippersnappers for a while now

[star seed 7]

Yeah, dbt scooped gme pretty early.

There's a guy on the Texas board with a thread telling everyone to buy it before it even got to $10 that is rightfully gloating.

[Institutional Control]

I didn't buy any stocks, I'm sticking exclusively to crypto, bros.

[Spracne]

Wallstreet has to love this new wave of populist investing. All you need is a few interns to monitor some forums, and then piggyback on momentum with massive bets. Get in. Get out. Profit.

[wetwillie]

I didn't buy any stocks, I'm sticking exclusively to crypto, bros.

Coinbase is limiting trading based on what is happening with bitcoin today

[Institutional Control]

I didn't buy any stocks, I'm sticking exclusively to crypto, bros.

Coinbase is limiting trading based on what is happening with bitcoin today

I noticed that. I thought it was because I just opened an account last week. 

I think I can still buy BTC on Cash app.

[DaBigTrain]

I didn't buy any stocks, I'm sticking exclusively to crypto, bros.

Coinbase is limiting trading based on what is happening with bitcoin today

I noticed that. I thought it was because I just opened an account last week. 

I think I can still buy BTC on Cash app.

It’s been fixed on Coinbase but yeah CashApp rarely ever goes down.

[Brock Landers]

I didn't buy any stocks, I'm sticking exclusively to crypto, bros.

I'm the proud owner of $20 worth of Dogecoin.  Man has walked on the moon, and soon Doge will too.

[Institutional Control]

I didn't buy any stocks, I'm sticking exclusively to crypto, bros.

I'm the proud owner of $20 worth of Dogecoin.  Man has walked on the moon, and soon Doge will too.

Did you get it yesterday before it went up?

[Brock Landers]

I didn't buy any stocks, I'm sticking exclusively to crypto, bros.

I'm the proud owner of $20 worth of Dogecoin.  Man has walked on the moon, and soon Doge will too.

Did you get it yesterday before it went up?

Yeah sort of, I got it at $.02347

[Institutional Control]

Nice. I didn't have a way to buy it. Not available on Cash App or Coinbase. 

[DaBigTrain]

I bought this during the week and sold it for a 50% gain. Could be the next big one.  NAKD

https://www.reddit.com/r/nakd/comments/l7rhs4/why_i_bought_nakd_and_why_i_will_keep_buying_more/

[wetwillie]

I think this was more or less already discussed, but Gov't regulation/liquidity were the brakes.

https://twitter.com/JamesSurowiecki/status/1355035563368321027?s=20

What is Robinhoods business model?

[steve dave]

1. sell flow to citadel
2. profit

[steve dave]

also make 18 year olds pay them monthly subscription fees to trade on margin which seems like a rough ridin' awesome idea until 18 year olds do crap like this and eff everything up

[wetwillie]

1. sell flow to citadel
2. profit

So their only source of revenue is the company that had a huge short position in GameStop?

[steve dave]

1. sell flow to citadel
2. profit

So their only source of revenue is the company that had a huge short position in GameStop?

no

[wetwillie]

1. sell flow to citadel
2. profit

So their only source of revenue is the company that had a huge short position in GameStop?

no

How else do they make money besides selling flow to citadel

[steve dave]

1. sell flow to citadel
2. profit

So their only source of revenue is the company that had a huge short position in GameStop?

no

How else do they make money besides selling flow to citadel

I posted above your initial response about the subscription fees for margin. they also sell flow to more market makers than just citadel though I'm sure it's their big one. they also will make interest on money held (in normal interest environments anyway, lmao). probably some other stuff. I'm guessing the flow is the majority though.

[wetwillie]

Hey citadel looks like a crap ton of small long positions on GME again today, pay me!

[steve dave]

the content is good

https://twitter.com/ParikPatelCFA/status/1355248406533447685

[sonofdaxjones]

The SEC has been all over the map.

But they've reverted in a good way

[sys]

How else do they make money besides selling flow to citadel

i bet they lend out their clients' shares to short sellers and pocket the fees.

[IPA4Me]

How else do they make money besides selling flow to citadel

i bet they lend out their clients' shares to short sellers and pocket the fees.

Bingo. Indeed they do.