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Will robinhood affect futu?
$Futu Holdings Ltd (FUTU.US)$ 20% of my portfolio hence i am worried. Robinhood is moving into Asia, HQ in singapore
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Tnkr : It's bullish for FUTU imo. This app is far superior.
KYMIE : nah, I give up all other platform and planning to move all to moomoo..
Buy n Die Together❤ : The rest of other like shit, moomoo still the best imo.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
赌神加股神 : This cow is very cute
Convenient to use
Dave Rave : Unless Robinhood gives Apple stock as well
KyleyW : wow I'm switching to them then
Duskerdawn : 1/Robinhood might not have the same offerings as MooMoo.
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
2/ within Asia Pacific, Robinhood is unknown, so they will have to spend alot on marketing.
3/ interactive brokers and webull are western apps already here in sg, their impact on moomoo does not seem to be huge.
however, it's all good for us as consumers as there will be more goodies!
Duskerdawn : but yeah 20% means you super bullish. I think depends on the price you bought. I was equally bullish from 2021, my Futu investments dived to $40 and stayed low for 3 years.
When it spiked to $120, I sold most. But now I have been adding bit by bit. buying mostly when it dips 10-20%.
cutedog : if you use HOOD you will know how good moomoo is. HOOD IS like SH*T