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RE: Who the Heck is ScaredyCatGuide and Why Should I Listen to Any of the Financial Stuff He Posts?
Hey Mitchell,
Sounds good to me, I'm now following along.
With buying stocks with a fraction of a Bitcoin, isnt that just trading stock CFDs?
Yeah, it is kind of similar. Being in the U.S. I cannot trade CFDs though, unless that has changed this year.
It isn't CFDs that you're banned from using, it's just you have to trade through a US regulated broker, right?
Damn U.S. brokers. Hmm...wonder if someone like interactive brokers would work. Anyway, not another tool I'm looking to add at this moment. So many new things on my plate with crypto! :-)
Don't blame the brokers, blame your stupid politicians who used retail traders as scapegoats after the GFC.
They've blocked retail traders from trading with well regulated, foreign brokers such as those in Australia/UK and all they've done is forced people to unregulated offshore brokers who can't be touched.
Those Dodd Frank regulations are the problem, not the solution.