3 ms·
It's a casino, and there's almost no barrier to entry any more. No commissions, minimum account size, or requirement to buy whole shares of stock. I think plent
by perl4ever 6y ago
It's a casino, and there's almost no barrier to entry any more. No commissions, minimum account size, or requirement to buy whole shares of stock. I think plenty of people are just like, ok, I got $10, $100, my stimulus check, whatever, I'm going to gamble it on something with Robinhood. They don't have capital that they worry about losing, they treat it like the lottery or slot machines. Economic hardship encourages this, not prevents it.
I suspect you're in an "old person" bubble where you see the stock market very differently from the mob on reddit.