Trading platforms, wallets and digital currency

[CUTBAIT]

Wtf!
So .....I want to dabble. Maybe get some bitcoins or assortment of smaller known coins. Where and how do I do this.
Also maybe I want to get some apple or tesla stock. How do I do this? I currently only have mutual funds.
I was looking at robinhood or e-trade or fidilety. Can I do that with those?
Do I have to buy bitcoin throught the bitcoin exchange or can I use one of the 3 I mentioned?

And whatever else y'all think I should know. I've searched but not found exactly what I was looking for on here

 

[CUTBAIT]

Also if I have multiple stocks across the board and say robinhood goes out of business. Do I lose all my money?

 

[Outlier]

I've been researching cryptocurrency for the past few weeks myself. The links below should help.

https://www.investopedia.com/best-crypto-exchanges-5071855

https://www.investopedia.com/terms/b/bitcoin-wallet.asp

 

[Outlier]

TL;DR is set-up an account with Coinbase and buy a Ledger Nano S off of Amazon to store your coins.

 

[FreedomUSMC]

I utilize Robinhood. You can invest in Apple, Tesla, and thousands of other stocks/ ETFs. You can also buy/trade Bitcoin, Litecoin, Ethereum, etc.

 

[Don231s]

Watch some YouTube videos on how to set up and buy/trade crypto. No way an ODT member is going to write a "how to" manual on crypto and post it here. It would take weeks if not months. It's not a simple market. Here are some starter channels.

The Modern Investor
Altcoin Daily
Lark Davis
Rex Kneisley (Crypto Dad) for Ledger Nano tutorials
CryptoJack

 

[Outlier]

And the answer to your second post.

https://www.investingsimple.com/robinhood-out-of-business/

 

[Don231s]

Also, I use TD Ameritrade for equities & bonds. They offer much more variety in the way of services, products, and research than a phone based app like Robinhood. Also, they're likely not "going out of business" any time soon. There's no such thing as a commission-free lunch.

 

[CostaRicaBound]

I second TD Ameritrade. Opening a brokerage acct is simple and they have tons of information, tools and it's easy to use. Buy your stocks there, and invest in crypto elsewhere. I currently use coinbase to buy crypto but going to take a second look at them as their fees seem to be a little on the high side. But again, they are easy as pie. Definitely do NOT buy your crypto on an exchange and keep it there, buy a hard wallet (Ledger Nano) and transfer it there. Overall, once you get started it's not as hard as you think.

 

[shootin4fun]

Following. This peaked my interest