Trading Stocks and Crypto

Roadmap Medium Term Roadmap
25

I think they need to co-exist when it comes down to overall portfolio.

We are also experimenting with 2 tabs (like a switch stocks/crypto).

26

Screenshot 2021-09-15 at 11.20.05
Screenshot 2021-09-15 at 11.20.05171Ɨ675 23.3 KB

We have some other screens to share.

1 Like
27

We should be able to release this in November to some early testers.

1 Like
28

What do you guys think of social trading? This would be having leaderboards and statistics about other users.

29

It could turn bad if it inadvertently rewards the wrong behaviour.

Generally speaking, I think Public ( US broker ) does Social the best so far.

I also like the way they let users categorise stocks as Long Term for stocks you plan on holding for more than a year. Then they introduce more friction if you try to sell sooner than a year.

2 Likes
30

This is interesting to see.

@saf, what do you think would be the best way to ensure that wrong behaviour isnā€™t inadvertently rewarded?

31

Yeah, I find their feed really cool.

32

The easiest way might be to present the leaderboard and ranks with context like how long the user has held the stocks for, how often the churn their portfolio, some form of risk assessment on the portfolio, etc, etc. Maybe even showing warning signs if the portfolio is engaging in too many risky behaviours.

1 Like
33

You seen the public profile pages like Jannick Malling's Investment Portfolio | Public.com ?

34

Yes and wondered if it was just a marketing move, this seemed pretty empty: Shaq Oneal's Investment Portfolio | Public.com

35

Screenshot 2021-09-22 at 15.43.36
Screenshot 2021-09-22 at 15.43.361180Ɨ824 66 KB

:eyes:

1 Like
37

IMG_47C51F662021-1

This is part of some work we are doing for Crypto. :sunglasses:

1 Like
38

Will this support adding manual stock trades for tracking other platforms? E.g. Tracking RSU allocations / Other stock ownership that canā€™t be moved to Emma?

39

We are starting with our own service at first: US Stocks, followed by the top 20 cryptos.

40

In relation to the social stuffā€¦Personally Iā€™d like the option to not have myself included on a ā€œleaderboardā€ ā€¦ so can an ā€œopt outā€ toggle be provided?

1 Like
41

Yes, of course.

1 Like
42

This is looking great! Loving the dark mode :slight_smile:

A big downside with a lot of crypto integrations (ahem PayPal) is that you canā€™t withdraw them to a different wallet.

Whilst many people use crypto for speculating I think it should be acknowledged that there are wider use cases

All that to say, please enable withdrawals

1 Like
43

Yes, we are not going to include this to start with.

There are two main reasons:

  1. Withdrawing is not a use case for first time investors and itā€™s very very complicated.
  2. It creates a lot of anti money laundering issues, so we are going to start with buy/sell/hold with Emma tos tart with.

With this said, all my crypto is on Ledger, so we are definitely going to look at:

  • Send/Receive Crypto
  • Swap Crypto
  • Withdraw
  • Stake
44

Fair enough, KYC, AML would be a world of pain.

Iā€™m on Ledger too so maybe a ledger integration in the future :slight_smile: ??

1 Like
45

Donā€™t think this is possible? :slight_smile: