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Robinhood Tutorial: Full Beginners Guide Shiba Inu Coin, Stock Investing (Robinhood App Tutorial) - YouTube
Channel: ItzDenz
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hey what's going on the robinhood app is聽
constantly changing and right here in this聽聽
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video i have a step-by-step full tutorial of how聽
the robinhood app works this being said get out聽聽
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a pen and paper take note of everything that i聽
run through you can go ahead and click through聽聽
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the video timestamps down below to navigate聽
through the whole video without further ado聽聽
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we are going to go ahead and hop right into this聽
so going right onto the robinhood app we could see聽聽
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this screen right here and as you can see right聽
here on the app you can see live view where it聽聽
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tracks the price data of all your stocks that聽
you're invested in currently um and they add it聽聽
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all up in a live view and you can navigate through聽
all the days right here days weeks months of how聽聽
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your investments are going and mine are doing very聽
terrible if i zoom out for the larger picture but聽聽
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that is exactly how that works we're going to聽
go from top to bottom left to right so up here聽聽
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we can see rewards and basically what rewards are聽
is if you invite friends you get some free stocks聽聽
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just like you if you join in using聽
the link down below you get up to聽聽
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two thousand dollars of free stocks or crypto on聽
robin hood so that is a win-win for me and you聽聽
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and in exchange i will get some as well um so that聽
is exactly how it works scrolling down you can see聽聽
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the buying power that you have and clicking聽
on this um you'll be able to deposit funds聽聽
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which that will mean that funds come from your聽
bank accounts into your robinhood accounts and聽聽
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you could also enable margin which if聽
you enable margin this will allow you to聽聽
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sort of use um robinhood in a way where they聽
will loan you money in a way and you will earn聽聽
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interest so this will be something that you have聽
to pay off um later on down the line so whatever聽聽
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if you use this um use it as sort of a strategy聽
for your trades and investments i wouldn't use聽聽
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this if i'm just a casual trader because if the聽
stocks that you invest in are doing terrible聽聽
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you won't be able to pay that off and that could聽
be detrimental for you so only use this if it is聽聽
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sort of a strategy and that is basically what聽
that is so you will have a greater risk at this so聽聽
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like i said don't use it unless you are using聽
it for strategy with this being said that is聽聽
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margin training and you could also see聽
your buying power which i have buying power聽聽
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of 31 or so and you could always add in more money聽
which i'll come from your bank account and go聽聽
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directly to your robinhood account um which i use聽
this sort of as a strategy as sort of a savings聽聽
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account in a way because robinhood would pay um聽
they have a thing where they pay you interest聽聽
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based off of like um other banks and聽
such in a way on robin hood um you could聽聽
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earn rewards like i just discussed scrolling聽
down you can see stocks um these are the stocks聽聽
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that you are currently investing into and the聽
stocks i'm investing into are terrible we looked聽聽
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uh years ago they were banging but because of聽
all things going on with the world currently聽聽
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they are doing terrible at the moment and i don't聽
like seeing that but if we click on a stock um聽聽
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when we click on one for example sundial is one聽
that i have in this like my biggest own stock聽聽
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when we scroll down we can see all the price聽
action going over we can see all the other stocks聽聽
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that were invested into going over we could聽
also see another stock that we're investing聽聽
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too and we could see the weekly price action like聽
that scrolling down you can see your position and聽聽
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on this stock i have over 400 shares of it which聽
is really good scrolling down we can see about聽聽
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this stock all the information that we need to聽
know about the stock um scrolling now we can聽聽
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see the earning category for their quarterly聽
as that gets reported every single quarter聽聽
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and you can also see your history which i bought聽
sold bots man just did a whole lot of that聽聽
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stuff clicking right here you click on trade so聽
you could buy sell trade options so when you click聽聽
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on buy you just enter in the amount of shares that聽
you want to buy of it in this case i'm going to go聽聽
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ahead and probably buy like 20 because i really聽
wanted this and when you do that you just swipe聽聽
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up and what it will do is it will send in your聽
order and it will go through now if it is after聽聽
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the business hours of its which usually after 6聽
pm um the tradings close for the day on robin hood聽聽
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they however extended this so it's goes on for a聽
longer period of time which is really really nice聽聽
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but on the after hours um they will close and it聽
won't go through until the next day it won't go聽聽
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through until then so that's really really nice so聽
when we click on trade we could also sell which we聽聽
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click on the amount that we want to sell i'm not聽
going to sell anything because i don't want it
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and as you can tell they just uh went after the聽
hours and luckily i just bought it before we went聽聽
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after the hours so like i said it was 6 p.m that聽
kind of startled me right there i'm not going聽聽
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away we click on trade we could trade options聽
as well and options is a little bit risky so聽聽
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if you're just getting into robin hood and you're聽
signing up to the robin hood app um you need to聽聽
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do your own research on options trading which聽
there's tons of videos out there if you want me聽聽
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to post videos around options um i can but i gotta聽
be honest this is not my skill set and i would聽聽
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recommend that you do your very own research into聽
this but i will just since i have some money in聽聽
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there i would go ahead and do this but um when you聽
want to buy options um you just click that in and聽聽
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it will buy it usually it goes by a large amount聽
of shares so you're buying in a ton of shares for聽聽
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a certain amount of time using options and what聽
options trading will do is after that sort of time聽聽
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you're sort of predicting like where the price is聽
going and you are saying the price is going to go聽聽
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to a dollar in this amount of time and if it does聽
then you will get the amount that you put in um x聽聽
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amount and doubled um but if it goes down and it's聽
not at that direct price and that is like a put聽聽
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then you will lose that set amount of dollar聽
amounts um in that set amount of time that you聽聽
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said that it was gonna go down so this is a really聽
good thing to leverage your money and sort of聽聽
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have money um work for you and do it聽
really fast and this people use this a ton聽聽
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to make money on robinhood and with a lot of these聽
exchange platforms so that is basically options聽聽
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trading right there and scrolling down like i said聽
you can see all your history and that's exactly聽聽
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how that works and scrolling down we could also聽
see cryptocurrencies so cryptocurrency investing聽聽
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works the same way you could buy and sell there's聽
no uh trading with cryptocurrency on robinhood聽聽
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it's only with stocks um but like i said you can聽
buy it and if you want to buy it you could buy it聽聽
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and you click review and swipe up they also have聽
another thing where you could set up recurring聽聽
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buys so if we do recurring buys just click on聽
buy again and instead of one time we click on聽聽
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every day so we'll invest a certain amount every聽
single day of the week if you want it you could do聽聽
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it every bi-weekly so every single week it goes聽
through every two weeks we'll do it every two聽聽
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weeks every single month it'll be basically like聽
a bill that you're paying so you can set that up聽聽
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and it will invest for you that's a really good聽
strategy if you want to follow the price for a聽聽
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long term dolce coin is doing terrible聽
i don't know why i'm holding on to it聽聽
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but i just am and holding on quite a bit which you聽
know i sold it um when it luckily when it was at聽聽
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that 60 cent range and so glad that i did so that聽
is pretty much it for all this investment stuff聽聽
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you could also set up your favorites that you聽
want to watch so i have a whole lot of cannabis聽聽
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stocks that i'm watching on robinhood which is聽
really really nice going over here you can see聽聽
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the cash that you have and this will be the聽
cash that you have in your accounts available聽聽
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as right now since i just added on cash um for聽
this video i don't have any available um most of聽聽
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it is into the stocks but if you sell them they'll聽
become available cash in your robinhood accounts聽聽
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and you would also have a card robin hood card聽
that you could spend which you could order that聽聽
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on robin hood by putting in uh that you want聽
the card and you could also set up apple pay and聽聽
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do that as well you can see your history on here聽
and like i said they have interest so interest聽聽
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that they will pay month to month um so you could聽
use this sort of as a savings account instead of聽聽
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like your bank saving in your bank聽
account where you would get basically zero聽聽
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dollars interest on whatever you would get 50 per聽
month um which is real really really nice which聽聽
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i use that's an advantage last year um as聽
like a sort of savings account type thing um聽聽
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oh another thing was um going back to the聽
buying around cryptocurrency um shiba inu coin聽聽
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now i filmed a clip and i will play that right聽
now it's about how to buy shiba in a coin on robin聽聽
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hood you probably skipped this part so here it聽
is right here how to buy shiba inu on robin hood聽聽
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to the robin hood app and as you guys can see this聽
is exactly what the robin hood app look looks like聽聽
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once you actually get on to robin hood you would聽
go down to the search bar and what you would do聽聽
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is you would search up crypto or you could click聽
on the trending list which is crypto right there聽聽
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as you can see you can see all the different聽
cryptocurrencies that are on here and robin hood聽聽
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doesn't really list too many cryptocurrencies聽
as you guys scroll down you can see聽聽
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we have shiba inu coin right there what you聽
do is you would just click on shiba inu coin聽聽
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and as you guys can see shiba inu is performing聽
terribly right now as you guys can see it is聽聽
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really down right now and this is really terrible聽
what you would do is you would click on buy it is聽聽
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as simple as clicking on buy once you click on the聽
buy button you would just click on the amount of聽聽
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shiba that you want so for me i want one聽
thousand dollars worth of shibu shiba聽聽
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that's a shibu so we would just put in聽
one thousand dollars worth of shiba inu聽聽
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and as you guys could see that is a ton聽
of it at the price that it's running at聽聽
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that time not making this video that's a ton so聽
what you would do is you just click on review
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and you would swipe up to submit聽
your order so we would just swipe up
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and what it does is it says sending order
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and purchase and that is as easy as it is to聽
actually purchase shiba inu on robin hood so聽聽
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yeah that's exactly how and it would do the same聽
thing and you would see it in your investment聽聽
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accounts which is really really nice on robinhood聽
going over here to the search um you could search聽聽
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for cryptocurrencies so that would be really聽
nice right there you could also search for聽聽
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ton of different stocks that you want to invest聽
into i used to use this um to see upcoming聽聽
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earnings and i used to use that and i would put聽
it to the the lowest price change with the highest聽聽
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potential and i would invest it and when it聽
went up a certain amount i would take out i mean聽聽
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that's a really good strategy if you want to make聽
quick money um but it's not financial advice but聽聽
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that is a really good thing and that's how you聽
can see um on robinhood their list and on here聽聽
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you can also see the latest news um you can also聽
learn about cryptocurrency on here and that'll be聽聽
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really nice and you do get rewarded for learning聽
about cryptocurrency on robin hood and that is聽聽
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really cool as well you can see all the latest聽
news um from cryptocurrency the daily moving and聽聽
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daily charts rich is really really nice over here聽
you click on this and basically robinhood will聽聽
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let you know of all your transactions all the聽
things that you've done on their platform which聽聽
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is really really nice as well clicking over here聽
you can see your profile you see your earn rewards聽聽
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see all of that and you can see everything聽
that's distributed into your account which is聽聽
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really nice clicking up here you can see the menu聽
you could see your balances recurring set that up聽聽
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transfers this will be deposits withdrawals from聽
your brokerage accounts um you get seek help聽聽
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from robin hood supports another thing聽
is crypto gifts so sending the gift聽聽
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of crypto to your friends you could give crypto聽
to people so you just click on give and you would聽聽
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set that up and you could click on whatever like聽
that for example you give bitcoin dogecoin and聽聽
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they do not have shiba you know added on yet but聽
you could do that and you could also give it to聽聽
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someone in your family so i want to give dojokoi聽
one dollar dogecoin click on review and you click聽聽
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on confirm gift and boom and you would share it聽
and it will go to either your friends or family聽聽
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or whoever you want to send it to and you聽
could also see your history for that as well聽聽
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and you could also get a message that聽
you have one dollar dogecoin gift聽聽
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on hold in your brokerage account and you can see聽
all that on robinhood this is really nice and this聽聽
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is basically robin hood investing right here and聽
how exactly to use it as a beginner um let me know聽聽
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what you think let me know if you got a ton of聽
value i hope that this helped you out a ton if聽聽
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it did be sure to drop a like hit that subscribe聽
button and i'll see you on the next one take care
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