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Robinhood Makes $331 Million Off Customers’ Trading Activity – Is Warren Buffett Right That It’s Basically a Casino?

Robinhood Makes $331 Million Off Customers’ Trading Activity – Is Warren Buffett Right That It’s Basically a Casino?



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13 Comments

  1. Incredible how many users Robinhood still has, despite the fact that you can basically find warning about them everywhere. Also, their reviews are horrible, 1 star on trustpilot, 2 stars on investopedia, it’s easy to see that something is off.

  2. God, I am so glad I was able to pull out of that horrible exchange with some sort of profit though I should have had much more. I’ve lost more money from them “screwing up” than I’d ever pay in commission fees for my entire life

  3. All of it is a casino. Most of the people and businesses that are getting into Crypto aren’t doing it because they legitimately believe it’s going to replace fiat. They are just doing to try and make money.

    That’s why there’s no real difference between “shitcoins” and “non-shitcoins”

    All people care about is the potential to make more money.

  4. It absolutely blows my mind that people are STILL using Robbinghood to this day. It was bad before but the even after the drama around GME their revenues are INCREASING.

    If there’s anything you bet on in your life, do NOT bet against Robinhood when they go public.

  5. Question answers itself and we don’t need WB qoute to understand that the rise in big businesses making massive profits off of fees is inherent to the game now.

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