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Definitely. Here's a couple of things that hit me in the face when I use RH: 1) You open the app and the first view is the one-day graph with the bottom lopped
by joncp 5y ago
Definitely. Here's a couple of things that hit me in the face when I use RH:
1) You open the app and the first view is the one-day graph with the bottom lopped off of the y-axis. This encourages day trading and reacting to tiny fluctuations in the market. If they want to encourage investing over gambling, they'd show you the long-term graph of your portfolio. Or maybe skip the graph and take me to the fundamentals.
2) They use the word "investments" to refer to crypto holdings. Crypto has never and can never be an investment, but calling it that subtly emboldens users to trade in it without understanding the risks.
- arcticfox 5y ago> Crypto has never and can never be an investment Whether you like or dislike crypto, this seems false according to both the dictionary and common use definition
- grey-area 5y agoSpeculation, not investment. The use value of cryptocurrencies is near 0.
- kwertyoowiyop 5y agoTomato, tomahto
- dehrmann 5y agoIt's a speculative investment (or asset). Whatever you call it, not including that word is disingenuous.