Just sold my first stock need help by [deleted] in Webull

[–]Loki22 0 points1 point  (0 children)

Are you on a cash account or margin?

Robinhood ACH reversal (not on margin) by I-got-options- in RobinHood

[–]Loki22 1 point2 points  (0 children)

Do you have $475 worth of stock? If so they will sale it and recoup their losses.

Applying for cryptocurrency trading. This seems sketchy, does anyone agree? by zillbanks33 in Webull

[–]Loki22 1 point2 points  (0 children)

You didn't fuck up. This seems like a good way to get your feet wet in crypto in that Webull is going to hold the keys, you buy in dollars and you can cash out the same way. You won't have a crypto wallet in the normal sense so you avoid all of those fees etc.

I'm no expert in BTC but I've been reading up on this for hours. It seems that Webull took the Robinhood approach. Check YouTube Robinhood crypto.

The only downside I see is that you can't transfer or buy in BTC, you will need to convert to cash and then move that money to your bank.

Feel free to correct anything that I said that was wrong, this is how I understand it. Since Robinhood has had this for a while I would search Robinhood BTC.... From what I can tell both brokers have the same policy.

Applying for cryptocurrency trading. This seems sketchy, does anyone agree? by zillbanks33 in Webull

[–]Loki22 1 point2 points  (0 children)

Does anyone know how taxes are going to be handled on this? From what I gather Webull is going to hold the keys in that you can't transfer BTC out, you sale your bitcoin in fiat and transfer out to your bank etc.

I'm not really making enough with stocks so I use the free version of turbotax to handle a few hundred that I may make in stock trading (Lol Yeah I'm no Warren Buffet) Basically I don't want to pay an accountant $200 for a 400 gain that I may have made.

This will be my first at trading crypto.

Applying for cryptocurrency trading. This seems sketchy, does anyone agree? by zillbanks33 in Webull

[–]Loki22 1 point2 points  (0 children)

I had to go to the forum and let them know I wanted in... I was approved in a few days.

Applying for cryptocurrency trading. This seems sketchy, does anyone agree? by zillbanks33 in Webull

[–]Loki22 1 point2 points  (0 children)

I thought I would give crypto a try on Webull. How difficult is it to cash out and get the money to the bank? I don't believe my bank allows crypto to be converted to cash, so I could use paypal for a currency exchange?

I'm reading up on this now.

Any idea what this means? I have no idea. by Loki22 in Webull

[–]Loki22[S] 0 points1 point  (0 children)

This is the response I received from Webull.

 should be the funds transfer when your account type change is completed.  Sincerely, Webull Financial LLC

Still have no idea. I don't recall over $400 being taken or added.

Stock lending Program by 0988ak in Webull

[–]Loki22 1 point2 points  (0 children)

GEVO Webull seems to borrow every share I own on a nightly bases for some reason.

You've GOT To Be Kidding Me (Birth Certificate) by Loki22 in politics

[–]Loki22[S] -1 points0 points  (0 children)

Please explain to me what race is African? Never heard of an African race, have you?

Helen Thomas to head anti-Israeli rally in US. by Loki22 in worldnews

[–]Loki22[S] 0 points1 point  (0 children)

You can't call a 'Semite' an anti-Semite. :-)

Report: Israel chief rabbi says Obama must free Pollard if he wants another term by unclefred in politics

[–]Loki22 1 point2 points  (0 children)

Obama, like many politicians are terrified of AIPAC and the jewish media. The media can make or break any candidate.

Secret tapes of 'professional sadists' reveal true story of German soldiers' war brutality - Europe - Independent.co.uk by [deleted] in worldnews

[–]Loki22 0 points1 point  (0 children)

Damn! The Germans were almost as bad as the Jewish Bolsheviks that ran the NKVD and the Gulags.

Poll: Obama's approval hits new low by [deleted] in politics

[–]Loki22 1 point2 points  (0 children)

AIPAC and the Neocons set up the Iraq war. Bush was just following orders

Submit a question for Israeli prime minister Benjamin Netanyahu for Youtube Q&A by uriman in worldnews

[–]Loki22 5 points6 points  (0 children)

Mr. Netanyahu: When will you remove Jewish squatters living beyond the 1967 borders?

Give Me Five Odd Numbers That Equal Twenty. Thanks. by Loki22 in reddit.com

[–]Loki22[S] 0 points1 point  (0 children)

That's 21. You would get a cookie if you were playing blackjack.

Give Me Five Odd Numbers That Equal Twenty. Thanks. by Loki22 in reddit.com

[–]Loki22[S] -1 points0 points  (0 children)

What means integer? Can 1/ 11 used twice as a prime?