Are there any penny stocks on Robinhood that are specifically related to cryptocurrencies?

3 answers

• Jimmy SloanAug 09, 2022 · 3 years ago
  Sure! While penny stocks can be risky investments, there are a few options on Robinhood that are related to cryptocurrencies. One example is Riot Blockchain Inc. (RIOT), which is a penny stock that focuses on cryptocurrency mining. Another option is Marathon Digital Holdings Inc. (MARA), which is also involved in cryptocurrency mining. Keep in mind that investing in penny stocks carries a higher level of risk, so make sure to do thorough research before making any investment decisions.
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• Ramos EjlersenSep 07, 2020 · 5 years ago
  Absolutely! If you're looking for penny stocks on Robinhood that are specifically related to cryptocurrencies, you might want to consider HIVE Blockchain Technologies Ltd. (HVBTF). This company is involved in cryptocurrency mining and operates mining facilities around the world. However, please note that penny stocks can be highly volatile and risky, so it's important to do your own due diligence and consider your risk tolerance before investing.
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• Pereira RoachNov 05, 2020 · 5 years ago
  Yes, there are penny stocks on Robinhood that are specifically related to cryptocurrencies. One such example is Riot Blockchain Inc. (RIOT), which focuses on cryptocurrency mining. It's important to note that penny stocks can be highly volatile and risky, so it's crucial to conduct thorough research and consider your risk tolerance before investing. Additionally, it's always a good idea to diversify your portfolio and not solely rely on penny stocks for investment.
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