Jump to content

Now that we're all being treated like children who can't be trusted to make our own decisions. . . . .


Recommended Posts

. . . . . .does anyone know if there's any way get around the imminent ban on trading crypto assets?

I've been quite succesfully using the Crypto 10 index as I was reluctant to pile everything into a single cryptocurrency that may or may not see widespread adoption. Does anyone know if there's anyway for a UK resident now to trade these assets other than buying them directly? (I'm not eligible for "professional" status).

 


 

Oh and if anyone from the FCA ever reads this - reign in your egos and stop treating adults like children. All you ever do is make my life more difficult.

Link to post
3 hours ago, DavidUK84 said:

. . . . . .does anyone know if there's any way get around the imminent ban on trading crypto assets?

I've been quite succesfully using the Crypto 10 index as I was reluctant to pile everything into a single cryptocurrency that may or may not see widespread adoption. Does anyone know if there's anyway for a UK resident now to trade these assets other than buying them directly? (I'm not eligible for "professional" status).

 


 

Oh and if anyone from the FCA ever reads this - reign in your egos and stop treating adults like children. All you ever do is make my life more difficult.

The Crypto 10 index shows a spread range between 30 to 40 points plus a margin factor of 50%!!

Are you not better trading another index? 

I hardly see the point of trading that crypto index when there are much cheaper options available. 

What makes that crypto index that interesting?

  • Like 1
Link to post
2 hours ago, jlz said:

Are you not better trading another index? 

Possibly. I can't see the future. But I've had good results with that index recently, and I think it's a technology with no where to go but up over the long term.

 

I agree the margin being asked is eye-watering, but I'll take that over not being allowed to trade it at all.

Link to post

I don't really understand the all out ban. Why not just regulate more. For example force people to start on demo. They have to prove profitability over a set period of time on that. If they do that they can open a live account but can only deposit a small amount e.g £5k if they make money over a period of time lift restrictions and let them do what they want. If they go to zero take them back to demo or stop them completely on that particular platform. A ban just seems like a lazy option as it costs to build a structure like this and manage it.

  • Like 1
Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • General Statistics

    • Total Topics
      14,895
    • Total Posts
      72,442
    • Total Members
      60,797
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    Yingxian
    Joined 12/04/21 12:16
  • Posts

    • If it's a share dealing or ISA account it's more than likely to be due to the settlement period.  Please know our settlement period works on a T+2 (T+3 for US shares( basis. This means the cash for these shares won't settle on your account the day you sold them but two working days later.  Many thanks for your understanding. I hope this clarifies why you can't withdraw your funds at the moment.    I hope this helps. If it doesn't let me know by replying to my message and putting @charlotteIG                      
    • Hey,  I got one of my colleagues to check this and they've got back to your email regarding the delay.  Sorry for the inconvenience.  All the best 
    • Really feel for these pub owners. ''Outdoor hospitality. Is it rule of 6 or two households? What is the social distancing guidance- can people from 6 different households huddle around a table together, and share a meal? Yet when we meet socially in gardens we are supposed to stay 2m apart?'' ''The law is that it's - rule of 6 (from any combination of households) *or* - two households of any number, *or* - two households *and* 1 or 2 households which are "linked households" with those 2 households (!) Social distancing is guidance not law BUT ...''   of course all this makes perfect sense and is completely normal, and so is this ... Pfizer Inc.  @pfizer BREAKING: Today, with @BioNTech_Group, we submitted a request to US FDA to expand emergency use of our COVID-19 vaccine to adolescents 12 to 15 years of age.   HART @hartgroup_org The risks to children from COVID-19 remain extremely low and any suggestion that they should be vaccinated to protect adults is ethically highly questionable. Read more in our bulletin: COVID-19 Weekly Bulletin – HART (hartgroup.org) .
×
×
  • Create New...