Re:SEC charges Robinhood $65M for misleading customers about...
by d33lio on Thursday December 17, 2020 @10:19AM
(#25456305)
Sure, but they don't promote buying crypto as an "investment". Tbh, I don't really have the patience to argue over this.
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Re:SEC charges Robinhood $65M for misleading customers about...
by vel0city on Thursday December 17, 2020 @12:25PM
(#25457727)
> An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.
https://www.investopedia.com/terms/i/investment.asp
Buying Beanie Babies or tulip bulb futures or cryptocurrencies because you expect the value to increase over time is absolutely an "investment". They might be good or bad ideas to invest in, but they're without a doubt an investment.
Re:SEC charges Robinhood $65M for misleading customers about...
by renewiltord on Thursday December 17, 2020 @11:10AM
(#25456860)
Then don't, because clearly you made incorrect claims to start with.