Trading should be supported by goverment - page 3.

Taskford

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Quote from: 325btc on March 08, 2022, 10:29:14 AM

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

Nope there's nothing like this will exist since this could make a business creator lose their money since for sure many people will end up losing knowing trading is not totally a win game to everyone. That's why I guess we need to be settle on what law they give to us, for sure the only thing they impose is taxation and not the on you think right now.

Scripture

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Giving money to the people just to trade is not a real support though, that’s spoon feeding and those trader will surely lose the money because its not their own money beside this is impossible to happen, government will not give any free money.

Let’s just hope for the government to support cryptocurrency as a whole and wont stop us from trading despite of the risk. We should not depend to anyone, trade at your own risk and trade only your extra money.

Natalim

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People will do trading as they love it, not because they saw support from the government. If ever the government will encourage us to do trading, not because they support and provide us capital, they'll somehow know that crypto trading is worth to risk and profitable. But unfortunately, they never encourage us, they always reminding as the risk and even said that they don't take responsibility for whatever happens to us traders. That's the point that they don't and of course, we don't like them to touch us nor manipulate us.

redsun114

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So, if there is a reward or type of insurance like you have said, that whenever traders loses money, that they are not the one who lose, then who is losing the money? So, are you trying to say that the government should be bearing the losses for traders, is that what you’re trying to say?

In case you do not know, forex trading is not an illegal thing in most countries around the world, people are free to trade whatever stock they want or even crypto currency these days, but you shouldn’t be expecting anyone to bear the losses for you, whatever risk you are taking is fully from your pocket. That is why you always get warned before you start that there are risks involved in trading of whatsoever.

crzy

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Quote from: 325btc on March 08, 2022, 10:29:14 AM

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

Trading is not mandatory and only for those who are willing to risk, and its too impossible for the government to give allowance to every trader because they will get nothing here and what’s the point of giving an allowance?

Trading cryptocurrency is already supported by many countries by giving the exchanges an access to their own people. As long as its not illegal in your country I believe that’s already the support of your government indirectly.

Johnyz

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Quote from: stepwilli on March 09, 2022, 05:04:51 PM

Quote from: 325btc on March 08, 2022, 10:29:14 AM

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

They did already. If the government of a country accepts crypto then trading is already covered with it or every other activity relating to crypto. Also, there are trading exchanges that offer insurances or they can return some portion of your funds (if not all) if ever the exchanges were hacked or something bad happens that is out of your control.

It is not the government's responsibility but they already did their part by the time they legalized cryptocurrencies. I don't get your last sentence. Does it mean that governments are going to give you money or allowance? or is that the only amount that a trader must trade to get covered by insurance? if ever they will provide it.

We discover this crypyocurrency for the purpose of decentralization and away from the government control and I wonder why there’s a need for them to support trading, while you can trade easily without even thinking about your government, and beside why there’s a need for the allowance from government?

They should support cryptocurrency and decentralization, this is the new trend now and give people the freedom to choose on which currency he will use, this is way better.

stepwilli

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Quote from: 325btc on March 08, 2022, 10:29:14 AM

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

They did already. If the government of a country accepts crypto then trading is already covered with it or every other activity relating to crypto. Also, there are trading exchanges that offer insurances or they can return some portion of your funds (if not all) if ever the exchanges were hacked or something bad happens that is out of your control.

It is not the government's responsibility but they already did their part by the time they legalized cryptocurrencies. I don't get your last sentence. Does it mean that governments are going to give you money or allowance? or is that the only amount that a trader must trade to get covered by insurance? if ever they will provide it.

Silberman

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Quote from: 325btc on March 08, 2022, 10:29:14 AM

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

I disagree completely with the idea, you are proposing that the money that is collected through taxes and by printing money, causing inflation all over the economy, to be given to a bunch of people that lost their money in the markets? Unless there was no other social problem to attend to you may have a point, but when in most countries around the world there are huge social issues then it is better that such money goes to the people that actually needed it, after all a basic premise of trading is to do so with money you can afford to lose, so those traders should be able to afford those losses even if they were painful.

Findingnemo

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Quote from: 325btc on March 08, 2022, 10:29:14 AM

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

It has to be supported by them but not really going to care about the people's funds if they got hacked but they have a reason to regulate it since it can be one of the good revenue sector in the future. Even now most people are doing cryptocurrency trading as part time job but many afraid because its still unregulated by many government so less trading activities and less tax reporting.

palle11

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Quote from: ?? on ??

All what i mean by that is to create system for us to not work its energy and resources efficent if 10% people of population only do the real work.
Others can be investors and traders.
Its a perfect way how the world should be

To this I think you can say that the government should not not try to stop hodling and trading of coins but not talking about supporting it and refunding lost money lol, government won't have to support that because that will mean government to support failure. To my best, I think government can train people in artisan but not in crypto trading.

Marykeller

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Government can't encourage you to trade. The government of the day wouldn't want to be blamed for her citizen's losses in trading. They would rather play safe by telling you that you're trading on your perils, so they won't be held custody for your failures tomorrow.
No one wants to be blamed for his or her friend's losses, talk more of a government that cares about her citizen's welfare

Hypnosis00

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Quote from: 325btc on March 08, 2022, 10:29:14 AM

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

They will probably supports us if we allow them to control and manipulate the market. But since we don't, having their support was impossible to happen. We have to know the reality that the government wants nothing aside from being in charge of the crypto market where they can do whatever they want. But the good thing is that we're not and it remains free from their hands until the market remains decentralized.

We need not their support for trading, but we need for them to understand us and allow people to do whatever they want with their crypto for as long as it was for legal purposes.

ethereumhunter

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Governments support trading, but it will depend on each government when it comes to crypto trading. There are still countries that have not provided support for crypto. If, in your country, your government support crypto, then you can use it freely and you can earn money from crypto.

What reward or insurance system do you mean? If that means the government will compensate for your lost funds in trading, I don't think they will give it or cover your loss because if you choose to trade, that is your choice and you have to know how to manage your money.

joeperry

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Quote from: 325btc on March 08, 2022, 10:29:14 AM

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

And what would the government get from giving support to traders? Even if you said that the government can get % from the traders I don't think the government will waste fund for funding traders which doesn't have an assurance that will earn profit from each every trade and I don't think insurance companies are interested too to insure traders. If you are afraid to lose in trading then don't consider investing in trading.

Sebas.tian

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Quote

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

You mean government should support crypto traders by giving them loan or free money whenever they lose in their investment? It will be difficult for government to render such support to crypto traders because they prefer to support centralized traders with all they have than supporting decentralized traders that have nothing to pay to government as form of taxes to the government account.even though the government want to support decentralized traders on social activities that will help them to make a reasonable income at the end of the market which government will like to have an agreement with such traders before rendering such support to them in the country.

tygeade

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Quote from: 325btc on March 08, 2022, 10:29:14 AM

Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

Lol. How many hours you took to name your idea? Many appreciation for your revolutionary concept and for coming up with a name for the same Grin

. If governments are taking care of winners of trading then who will be taking care of the losers? I guess you must need to come up with another allowance scheme for losers as well Wink

.

If I am making profit from trading then I will be getting rewards from government then there will be double benefit for me and if I will be losing then that time also I will be getting allowance from government. Then no one will need to look for any other job but just getting into crypto trading will make their life easier and over the time all traders could become millionaires. Many thanks again for this once in century kind of suggestion Grin

.

Potato Chips

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yesssir! 🫡

If they were to support ppl's endeavours, it wouldn't be on something as fragile as trading and something they are hostile about like cryptocurrencies (most countries are). In additon, even scholars and promising athletes aren't guaranteed of financial support if they keep on failing... I doubt it's gonna be any different for anything else. In fact compensating ppl's losses would just make it easier for them to fool around.

CapGelatik

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Quote from: goinmerry on March 08, 2022, 07:31:28 PM

Quote from: 325btc on March 08, 2022, 10:29:14 AM

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

The current trading system is fine. No need for the involvement of the government support by any means be it on stock, currency or crypto-trading.

What you need to do is to improved your trading skills. The market volatility won't adjust for anyone but rather, we have to adjust on it. If we don't consider trading seriously, we will really end up being wrecked.

Trading is a challenge. Not an easy-money scheme.

I agree with you because we know for ourselves that the trading system has no serious problems so there is no need for support from the government,
In this case, I think it is better for the government to play a role in making clear regulations,
Trading is very complex plus the market is volatile, so if you want to be successful as traders, like it or not, we have to improve our skills

goinmerry

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Quote from: 325btc on March 08, 2022, 10:29:14 AM

Trading should be supported by goverment
Also should be some kind of reward or insurance kind of system if you lose you dont lose your own funds but they are free this way more people want to trade.
Goverment can easy support traders with traders social support allowonce i name it tssa allowonce monthly to spend like 1000-10k or if you have business account then even more support

The current trading system is fine. No need for the involvement of the government support by any means be it on stock, currency or crypto-trading.

What you need to do is to improved your trading skills. The market volatility won't adjust for anyone but rather, we have to adjust on it. If we don't consider trading seriously, we will really end up being wrecked.

Trading is a challenge. Not an easy-money scheme.

Oceat

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I'm having trouble to cope up with the free part as if you were their workers or you work for them. If that's how trading works, what's the point of being a professional trader if everytime you lose, you kinda like feel carefree when in fact losing is not a good idea. And why would the government try to help almost everyone who wants to be a trader?

So do you think trading is like gambling that's why you don't trust your skills?

Topic: Trading should be supported by goverment - page 3. (Read 391 times)