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by hippofluff 1556 days ago
> I wish you would just be honest and say you are trying to assist people in _gambling_

I have to apologize if we are putting off a message (that I'm not aware of*) that we assist with gambling. Long term investing is not meant to be gambling, and that's the entire point of our platform, to educate people/having them think that stocks aren't just lottery tickets you buy when someone at the bar says "it's going to the moon"

I understand this space in general has trust issues, I understand that a lot of people are burned/on their heels for this space, I get it, that's why we are here building this. On our side we never promise returns, or sell this as a tool that will make you rich, we advertise this as a way for people to gain fair access to market data with tools the pros use, embedded with education that makes it accessible for anyone to learn. We have no skin in the game for how people invest/trade but hope to influence less "gambly" decisions through our platform.

> The world would be infinitely better off without the services you are trying to provide.

I am getting a sense that you will be saying this blindly to any app you see that comes around, and I don't blame you, it's an unfair world out there with a lot of shady people trying to make a quick buck. If you look at companies core fundamentals, investing is not gambling. Investing is understanding a business and industry and forecasting when there's a margin of safety of that companies future growth, relative to it's current trading price and reported financials/leadership/company earnings communications/all that (it's not simple and takes time to learn! We make that process easier.). It's an entire world. If you ever change your mindset here to be more open minded that not everyone is out to get you, I'm sure Stock Unlock will show that we are different. If you have more constructive feedback I'd love to continue this conversation, if not I appreciate your time and comments here.

1 comments

>Investing is understanding a business and industry and forecasting when there's a margin of safety of that companies future growth, relative to it's current trading price and reported financials/leadership/company earnings communications/all

That's giving me the biggest eyeroll ever. You can throw all the academic wording out there you want. I've been through all that, I know precisely what you mean. And it's nearly all bs.

>Long term investing is not meant to be gambling, and that's the entire point of our platform, to educate people/having them think that stocks aren't just lottery tickets you buy when someone at the bar says "it's going to the moon"

Fair enough. However, yes, it is gambling. You don't control anything about the company you are 'investing' in. You can do all the research you want, you can think you know whatever. But you have no control over idiosyncratic events.

Also, why are you even suggesting people 'invest'? Just so they can "make more money" by putting money into something they can never fully understand or have control over?

I probably wasn't clear the first time around- and that was kind of intentional. Yes I am completely against the world of "investing" because it's just people trying to make money. That's literally it. So let's call it what it is- gambling- and stop pretending like investing is a "good thing".