Search results

If you are using "instant" funds- i.e. the money you transferred to RH hasn't hit yet but they are letting you use $1k on them- then they won't let you buy crypto with those funds. Once your actual money hits the account you should be able to.

What are you guys using to find good SPACs? Any particular resource?

So just from reading the last few pages: 1. SPACs are shell companies that exist to fund a merger or acquisition. 2. The have a floor of about 10$. 3. When the rumor that the SPAC has been attached to a good merger or acquisition hits, the SPAC can surge 20%+. 4. When it surges, you sell before...

Wait, so if you buy or sell coin worth more than $200, you pay no more than 2% either way?

Don't worry, even the investment newbs like me on this forum realize that these are extraordinary circumstances that won't last. We are trying to get what we can while we can. I intend to use the earnings from this to catapult my "normal" investment stuff after all the craziness ends. This is...

Great perspective to keep in mind. I'm not saying silver will be GME for the record. I don't think there is going to be another GME. But... Like you said, you don't need a stock to rise 1000% to make money. I'd be very happy with a 2x or 3x return over a couple days.

My take: If wallstreetbets is pushing silver and you get on board, you win. If Wall Street bros are pushing silver as a distraction/deflection and you get on board, you win. Tons of money to be made in a push war. Just don't be the first in or the last out, like Mr. Wolf of Wall Street said...

I've definitely allocated some play money to fuck around with this crazy situation. But I'd love to have some long-term info so I can reinvest the funds I get from the meme stuff.

:emoji_thinking:

I'm going to be buying SLV (stock), but serious question for those who buy physical silver. What's the idea behind having chunks of the actual element? Is the idea that if the economy collapses you'll have actual hard "currency" to barter with?

This is actually a great example of how disingenuous some market insiders are being about this whole thing. Galvin is so full of shit, and I think the other dude does a good job of pointing that out. Galvin- "Something must be done. People are making trades based on speculation..."...

This is why I'm still hanging onto a little doge. It's so speculative though. The one thing I'm sure of is that we will see a flood of new money in the market next week. The question is where? People who wanted to buy doge initiated transfers on Thursday of last week. Will those people...

SLV going to blow up Monday morning.

Yeah for sure. Both those things. Add in influence from Satoshi Street Bets too. I guess all I'm saying is that if you're looking for a "fundamental" reason silver would go up on Monday, I don't think you'll find one. It will go up due to hype and push- just like doge. But in my admittedly...

Who knows? There's a theory behind the valuation of silver and how manipulated it is that is the basis for why it can be driven up. But again, I don't think that matters. I didn't even pay attention to the explanation. If it only doubles in value due to a ton of interest that still seems...

Silver just a distraction from GME according to WSB. "Hedge fund people" throwing it out there to water down the buying power of reddit and weaken their GME position. Frankly, even if that's true, SLV will still get a big boost Monday I bet. If it isn't true, SLV will also get a big boost Monday.

Ok, awesome thanks. So I'm gathering people typically don't put in buy orders during the weekend. They pretty much always wait and see what the market looks like premarket Monday. Wish I was still on the East Coast.

Ok, new to investing and requesting help from Forum Investment Bros. I put in this order earlier: I guess I can't buy bc it's the weekend. So this means I'm set to buy at opening bell on Mon? Will this definitely go through? Or am I going to wake up to find out that it opened higher than...

Looking like Gemini is pretty hefty with fees. They charge both a transaction fee and a convenience fee for buying, and both a transaction fee and convenience fee for selling. Seems like all those fees would add up fast. Also, am I wrong, or do they increase their fee percentage the more you...

Tried to sign up for Fidelity yesterday but they didn't like one of the "identify yourself" questions I guess and locked me out. Called customer service, but of course the wait time was like 6 hours. Anyone know if they can just transfer my holdings from RH, or am I going to have to sell...

I don't believe this. Fucking RH is ALREADY limiting Silver to 1 share...

Smart. I'm learning I'm not too disciplined though lol. Despite what I literally just said I'm probably going to jump on the silver bandwagon while it's still super early. You see the problem was that I made so much money so easily on doge. In my brain I know it was an anomaly, but seeing that...

Seems like a legitimate worry. I'm not going to fuck with the meme stocks anymore at this point. It feels like taking a bunch of money to Vegas but the casinos might change the rules while you're gambling.

I dunno. I've been thinking about that. I'm pretty new to the crypto thing, but it seems to me that an influx of money from a ton of small investors with a "buy and hold" mentality may have boosted the baseline value of doge in a way that isn't going away anytime soon. It seems to be holding...

Back on doge

I can't believe the US doesn't have a decent free crypto trader... Someone needs to fill that role now that RH is going away.

So they don't charge for trades, they only charge when you withdraw? And you paid $25 on a $1,000 withdraw?

Ok, so my options to trade crypto appear to be: 1. Robinhood- where they might decide they don't want you trading something at any time and disallow it 2. Coinbase- which appears to have a difficult-to-decipher fee structure (I read the fee section and have zero concept of what it will actually...

No doge isn't a problem but I guess I got spoiled with RH not having fees. Not going to stick with RH no matter what, but it still sucks to have to move to a fee-based system. Is there a fee per transaction for crypto?

Deleting my RH account as soon as I can. Was going to set up on Fidelity, but they don't seem to do crypto. I'm thinking I'll do Fid for stocks and something else for crypto. Is there are general consensus on the best crypto platform?

That'd be a worthwhile review to write up: "What really interesting stuff happened in the market while everyone was distracted by memes?"

Sure... Stick it to the man. Then sell as high as I can.

Not rigged for Fidelity customers apparently.

Someone who understands this stuff better than me tell us when the GME thing is supposed to explode. Right at closing bell? Right before? Right after? I need to know so I can sell my 1 share :rolleyes:

So furious with RH right now. They are blocking every move I try and make. Limited me to 1 share of GME.... 1 share... 25 shares of AMC. If you guys see any class action stuff that looks legit please post it. I'm pissed.

Someone is always left holding the bag. That part is true but not remarkable. The "it's not a big deal" part feels false. So does the "it's all a scam by WSB" stuff. I'm certainly no expert. Just my opinion.

This feels false...

I've got money in my account and RH isn't letting me buy more doge... I'm so pissed at them right now.

I threw money at doge yesterday and I'm still at more than double. Going to hold onto it. Probably stupid. Pretty much all currency value is based on hype/belief anyway. I'm seeing a ton of appetite still out there for people trying to buy it but can't.

I use RH because I was already positioned there. Seems like you can still buy/sell Doge on RH. They removed the "trades may not be executed" language, which is good. Also heard the name Binance, but don't know much about it.