Buying ETH in Robinhood.. bad idea?

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Yes

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Better than not buying it! But not as good as something like coinbase.

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Good idea if you want to move money between crypto and stocks ASAP and often.

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After hearing the BS around gamestop I would be hesitant to work with robinhood. Why do you want to use them v. other options

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Probably no fees.

Coinbase Pro

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Not a real crypto exchange. They’re fine for stocks. Sounds like they’re trying to become a real crypto exchange in the future but use Gemini or Coinbase in the meantime. I’ll also add that you can get interest on your crypto by lending it out on Gemini or Blockfi. This comes with some inherent risk but has a healthy return. Holding on Robinhood comes with the same risk since you’re not actually holding the crypto. Might as well get 6% interest while you’re at it or buy on an exchange that’s insured.

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I bought Bitcoin but robinhood should allow you to transfer it over to the wallet since you really have shares thru robinhood

Buying ETH is a good idea, using robinhood is a bad idea. Buy eth elsewhere

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