Dear Robinhood, You Had One Job & You Blew It – Again, Crypto Coins News
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Robinhood’s app went down at the start of the week.
The wild stock market crash is evidently putting too much stress on the multi-billion dollar trading startup.
In their own words, these outages are “unacceptable.”
The Robinhood app was down again on Monday, as yet another outage rocked the platform. This is entirely unacceptable, and regulators must do more to protect new and inexperienced investors from the allure of brokers offering “free stuff” in the most competitive, ruthless game on the planet.
The Stock Market Crashed And So Did Robinhood
Robinhood is a broker, which means they profit from people making trades. Despite some fluffy millennial marketing, this is still % the case. This doesn’t mean they are inherently bad. It just means you need to take everything they do and say with a healthy dose of skepticism – it’s just the prudent way to behave.
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