As of today, Robinhood officially stop the stock trading of GameStop and AMC due to the fact a small group of investors overthrew the the big whales of the stock market, the price of GameStop went to unsuspecting prices so to stop all the market drama Robinhood banned trading for GameStop and AMC until Friday which they choose to do restricted trading on the two stocks.
With this distasteful decision being made, would this bring a big percentage of Robinhood traders towards the Crypto Currency community?
Most likely, that would be the rational decision due to the fact you can place your investments on a decentralize Crypto market exchange or a secured Ledger, of course no one can just stop or ban your Crypto trading due to a magnificent price breakout. In fact, Twitter users are extremely outraged about this situation here’s a tweet from a Robinhood user:
Furthermore, sad to say I was a Robinhood user at one point but the restrictions was just to much for me to deal with. Now since this happened the mindsets from new investors will make them look for alternatives investments opportunities, In fact, Bitcoin and Altcoins has been making a huge spotlight for a new investment opportunities to all investors new and vets.
Furthermore, the news around the Crypto Currency community has been outstanding and very bullish, yes there been a couple of lawsuits surrounding a couple of Altcoins but that doesn’t has nothing to do with criminal activity or stopping traders from trading.