Good point, but Robinhood doesn’t allow people under 18 to invest. So cash app is a good opportunity for ppl under 18 to get started. ALSO cashapp is very beginner friendly for ppl over 18 who need a stepping stone to get started on investing. They can later make a transition after learning from cash app.
@@Mr.BuyTheDipI see where you're coming from, but I'd still emphasize that they have a paper trading account or something of sorts so that they can actually practice technical analysis with charts and stuff.
Why would you not sell and re-invest? My avg price was low 140's like you, i sold as profits declined and got back in at 129.90 avg price ( with more shares from my profit). I get it's a long term investment but if you are an active trader, why would you watch your investment lose money? At least you bought more at lower price but think of how much lower your avg price would of been selling all and re-investing lower.... NVDA dropped 6% last week, getting out and re-investing = a 5% gain in a week. If your target is 60% ytd, you'd of been 5% there instead of been in drawdown..
I get what you’re saying. But I don’t get to make those moves very often. Since I’m on a sponsored account. So basically if I buy and sell $150 dollars that $150 stays in account for my $400 monthly limit! Which kinda sucks since I’m on a sponsored account.
Solid video brother 🔥
Thank you
Why invest on cashapp makes no sense just open a robinhood account 😭
Good point, but Robinhood doesn’t allow people under 18 to invest. So cash app is a good opportunity for ppl under 18 to get started. ALSO cashapp is very beginner friendly for ppl over 18 who need a stepping stone to get started on investing. They can later make a transition after learning from cash app.
@@Mr.BuyTheDipI see where you're coming from, but I'd still emphasize that they have a paper trading account or something of sorts so that they can actually practice technical analysis with charts and stuff.
Missed out on 2100 phuck this small play
AMC was almost up 7% tday Brodie. Pick and choose ur battles
Why would you not sell and re-invest? My avg price was low 140's like you, i sold as profits declined and got back in at 129.90 avg price ( with more shares from my profit). I get it's a long term investment but if you are an active trader, why would you watch your investment lose money? At least you bought more at lower price but think of how much lower your avg price would of been selling all and re-investing lower....
NVDA dropped 6% last week, getting out and re-investing = a 5% gain in a week. If your target is 60% ytd, you'd of been 5% there instead of been in drawdown..
I get what you’re saying. But I don’t get to make those moves very often. Since I’m on a sponsored account. So basically if I buy and sell $150 dollars that $150 stays in account for my $400 monthly limit! Which kinda sucks since I’m on a sponsored account.
@@Mr.BuyTheDip My bad dude, makes total sense now! Good luck going forward, lets hope for a little santas rally this week!