It is safe to say that Robinhood has had its fair share of controversy the last year or so. With how it handled the GameStop, AMC, and other companies' short squeeze though it has really exploded. What people should be aware of is that Robinhood was not alone in the restrictions and part of the issues deal with regulations that are "old school". Technology has brought about a ton of improvements but these often run into issues with old laws not initially created to deal with it. 

Robinhood is still a great app. But it's a great app for beginners. As people get better and more familiar with stock trading Robinhoods limitations become very apparent. Robinhood has a clear lack of publically traded stocks and companies. While it does offer a unique feature in the ability to buy and sell crypto that crypto is stuck on their platform. Robinhood does not disclose the fees you pay though nor does it provide the transaction data you would need for taxes. While they have sent forms in the previous year it will be interesting to see what forms they send this year with the IRS cracking down on crypto. 

Robinhood has also failed to expand its crypto offerings since the launch which as someone who was hopeful in trading crypto from this platform is disappointing. Adding to it the fact crypto on Robinhood was down yesterday for over 5 hours is super concerning. When they freeze you out as they did you have absolutely no access to your funds as you do not even have a wallet. I have not decided yet on what I will do with the Bitcoin I own on Robinhood but it might be reaching the point that I need to just cash in what I have as I am way in the green with it. 

Feel free to comment below what yall think!