Could India have a Game Stop script?

 Could India have a Game Stop script?

Could India have a GameStop script?

Advantages and Dangers of Websites for Making Money Online


When news broke online that the Reddit community of young investors had outperformed Wall Street's seasoned hedge funds, many Indians began to wonder if we too could have a similar scenario in our stock markets. Industry experts have begun posting blog articles and editorials about why it might seem easy to make money online with next-generation shopping apps and platforms, but is never an easy feat. Moreover, this is hardly good for the desired long-term stability of the stock market. One of the main actors for retail investors is Robin hood, a website and app for making money online, which has also been widely used in the Game stop phenomenon.

Young and ambitious traders saw the stock gambit in the Game Stop gambit as an illustration of the ability to defeat the system, to outsmart large financial investment corporations. For others, it was an eye-opening moment and a practical example of a legal way to make money on the Internet. However, it comes at a cost and is worth understanding speculative stock trading.

More importantly, we need to understand whether the derivatives market allows for such transactions - that is, short selling and massive speculation in stock prices - and what the potential legal consequences of such actions are. Because, in essence, the Game Stop phenomenon was part of online gambling, legal on the US stock exchange and largely unregulated. It would be difficult to succeed with Indian stocks though, given the rules and regulations protecting the financial system in the subcontinent.

But it continues to generate a general interest in online gambling, especially among young Indian professionals who are browsing Indian online casino reviews in search of online money making opportunities. However, binary options trading is prohibited in Bharat, while Se Bi's strict rules ensure the stability of the system on national stock exchanges. Sites like 10Cric already offer bitcoin as a gambling currency.

Laws and regulations prevent traders from manipulating stock prices and driving companies out of the market by pooling resources for a coordinated attack. While some aspiring traders may see this as a disadvantage, most business owners and seasoned financial experts agree that it brings the most out of our capital markets.