Anyone interested to see what COBINHOOD will do to the market when they list a number of alt coins?
On one hand I love that I can quickly buy into a coin and if it looks like it’s slipping simply sell for Ethereum or Bitcoin, then buy back if it stabilizes without any fees. On the other hand having minimal consequence for jumping ship will devastate some of these coins and cause massive dips. Although the trading fees are minimal in the grand scheme of things it does cause me to think twice before jumping ship.
I have signed up and transferred some Ethereum over to keep an eye on what happens. 