Are you Trading Crypto on Robinhood? You need to read this.

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We all know what is happening right now with DOGE. It has defied expectations and baffled experts and crypto enthusiasts. 

Dogecoin is a meme coin which has no utility and infinite supply. 

This means that there is no real motive to invest in Dogecoin. It has no technology or use case which might reflect an increase in price in the future. 

Unlike coins with a max supply, it is constantly losing value due to the increasing availability of dogecoins. 

Despite all this, it managed to break records and prove everybody wrong. So if you invested in DOGE, Congrats! 

Something I noticed though is that most people investing in Doge especially during these last few days have been users from Robinhood. 

If you're trading crypto on Robinhood then you don't really understand what Crypto is about. 

Robinhood can stop trading when it wants like it did with GameStop. This can literally cost you lots of profit or even worse, loss. Decentralized exchanges would never do that. Decentralized exchanges or DEXs are autonomous decentralized applications (DApps) that allow cryptocurrency buyers or sellers to trade without having to give up control over their funds to any intermediary or custodian. That is what makes crypto better than stocks.   

If you're looking for a good decentralized exchange ( yes it has doge too) then I suggest this KuCoin

  I recently wrote an article about it HERE where I write in more detail why you should be using Kucoin as one of your Crypto Exchanges.    In short,  

  • Kucoin has a very large variety of coins, especially new small-cap ones. 
  • Buying Crypto with Fiat Options (EUR/USD etc..)
  • Lesser Fees
  • Bot Trading
  • KCS Holding Bonus

  Dont put your money at risk. If you invest in crypto at least use the benefits of it !   KuCoin cryptocurrency exchange hacked for $150 million | ZDNet  

 

If you missed out on the DOGE hype and are looking for a good potential investment. I suggest you look at Student Coin.   

It is launching in May and has raised over $50 MILLION in its Launchpad with over two weeks to go!  

You can still buy Student Coin at a discounted price from their Launchpad HERE  (5% BONUS DISCOUNT!)  

You can watch this short video by Student Coin to understand what the project is about.   

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